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TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Unconsolidated Financial Statements for the Year Ended
31 December 2014
144
İŞBANK
ANNUAL REPORT 2014
a.6. Sectoral Risk Concentration of Non-cash Loans:
Current Period
Prior Period
TL
(%)
FC
(%)
TL
(%)
FC
(%)
Agriculture
127,054
0.72
26,285
0.10 130,175
0.84
28,035
0.12
Farming and Stockbreeding
76,665
0.43
22,572
0.09
79,088
0.51
20,255
0.09
Forestry
45,469
0.26
3,713
0.01
46,815
0.30
7,780
0.03
Fishery
4,920
0.03
4,272
0.03
Industry
5,323,193
30.14 13,230,919
52.61 5,319,731
34.42 12,029,836
53.33
Mining and Quarrying
142,933
0.81
256,359
1.02
120,711
0.78
95,375
0.42
Manufacturing
3,275,783
18.55 8,806,584
35.02 3,205,632
20.74 8,663,024
38.41
Electricity, Gas, Water
1,904,477
10.78 4,167,976
16.57 1,993,388
12.90 3,271,437
14.50
Construction
2,477,331
14.02 3,812,760
15.16 2,396,869
15.51 3,349,682
14.85
Services
9,517,990
53.88 6,488,950
25.80 7,499,025
48.51 4,797,497
21.27
Wholesale and Retail Trade
6,318,326
35.77 2,386,672
9.49 4,589,459
29.69 2,189,684
9.71
Hotel and Restaurant Services
183,263
1.04
52,590
0.21
148,474
0.96
34,844
0.15
Transportation and Communication
645,985
3.66 1,188,095
4.72 473,894
3.07 1,473,772
6.53
Financial Institutions
976,860
5.53 2,079,361
8.27 736,072
4.76 567,869
2.52
Real Estate and Rental Services
913,375
5.17 469,468
1.87 1,004,990
6.50 249,738
1.11
Self-Employed Services
382,016
2.16 166,208
0.66 462,499
2.99 178,047
0.79
Educational Services
26,837
0.15
2,103
0.01
22,393
0.14
4,927
0.02
Health and Social Services
71,328
0.40 144,453
0.57
61,244
0.40
98,616
0.44
Others
218,593
1.24 1,592,098
6.33
111,402
0.72 2,349,862
10.43
Total
17,664,161
100 25,151,012
100 15,457,202
100 22,554,912
100
a.7. Non-cash Loans classified under Group I and Group II:
Group I
Group II
TL
FC
TL
FC
Non-cash Loans
17,512,011
25,037,940
152,150
113,072
Letters of Guarantee
17,494,265
15,884,483
152,150
84,046
Bank Acceptances
9,813
1,217,697
2,221
Letters of Credit
7,179,596
26,805
Endorsements
Underwriting Commitments of the Securities Issued
Factoring Related Guarantees
Other Guaranties and Warranties
7,933
756,164
b. Explanation on Derivative Financial Instruments:
Majority of the Bank’s derivative transactions comprise foreign currency and interest rate swaps, forward foreign exchange trading, currency and interest rate options. Even though
some derivative transactions economically provide risk hedging, since all necessary conditions to be defined as items suitable for financial risk hedging accounting are not met, they
are recognized as “held for trading purposes” within the framework of TAS 39 “Financial Instruments: Recognition and Measurement”.
c. Explanation Related to Contingencies and Commitments:
As of 31 December 2014, balance of the “Other Irrevocable Commitments” account, which comprised the letters of guarantees, guarantees and commitments submitted by the Bank
pursuant to its own internal affairs, and guarantees given to third parties by other institutions in favor of the Bank and the commitments due to housing loans extended within the
scope of unfinished house projects followed, amounts to TL 3,107,352. As of 31 December 2014 liability of the Bank regarding the cheques given to customers is presented under off
balance sheet commitments, as per the related regulations is amounting to TL 5,875,007. In case the cheques presented for payment to beneficiaries are not covered, the Bank will
be obliged to pay the uncovered amount up to TL 700 (full amount expressed) for the cheques that are subject to the Law numbered 3167 on “the Regulation of Payments by Cheque
and Protection of Cheque Holders”, and up to TL 1,200 (full amount) for the cheques that are subject to the “Cheque Law” numbered 5941. The uncollected amount will be followed
under “Indemnified Non-Cash Loans”.
d. Information related to transactions made on behalf of or on the account of others:
It is explained in Note XIV under Section Four.
IV. Disclosures and Footnotes on Income Statement
a. Interest Income
a.1. Information on interest income on loans:
Current Period
Prior Period
TL
FC
TL
FC
Interest Income on Loans
(1)
Short-term Loans
3,494,839
248,749
3,098,503
277,274
Medium and Long-term Loans
6,592,981
2,196,010
5,032,069
1,817,992
Interest on Non-performing Loans
167,205
153,675
Premiums Received from State Resource Utilization Support Fund
Total
10,255,025
2,444,759
8,284,247
2,095,266
(1)
Includes fee and commission income on cash loans.