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TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Consolidated Financial Statements for the Year Ended
31 December 2014
206
İŞBANK
ANNUAL REPORT 2014
f.5. Movement of held to maturity investments within the period
Current Period
Prior Period
Beginning Balance
7,728,447
11,048,779
Foreign Exchange Differences Arising on Monetary Assets
692
2,601
Purchases During the Year
86,112
24,953
Disposals through Sales and Redemption
(6,509,055)
(3,673,498)
Impairment Losses (-)
Valuation Effect
85,664
325,612
Balance at the End of the Period
1,391,860
7,728,447
g. Information on Associates (Net):
g.1. Information on unconsolidated associates:
None.
g.2. Information on consolidated associates:
Title
Address (City/ Country)
Bank’s Share Percentage-
If Different, Voting Percentage (%)
Bank’s Risk Group
Share Percentage (%)
1-Arap Türk Bankası A.Ş.
Istanbul/TURKEY
20.58
79.42
Information on financial statements of associates in the above order:
Total Assets
Shareholders’ Equity Total Tangible Assets Interest Income
(1)
Securities Income
Current Period
Profit/Loss
Prior Period
Profit/Loss
Fair Value
3,905,823
541,519
28,286
155,595
62
72,127
48,534
(1)
Includes interest income on securities.
g.3. Movement of investments in consolidated associates:
Current Period
Prior Period
Beginning balance
85,295
85,295
Movements during the period
Purchases
(1)
39,280
Bonus shares acquired
Dividends received from the current year profit
Sales
Revaluation Increase
Impairment
Balance at the end of the period
124,575
85,295
Capital commitments
Contribution in equity at the end of the period (%)
(1)
Due to Arap Türk Bank A.Ş.’ capital increase through issuance of bonus shares in the current period.
g.4. Sectoral information on consolidated associates and the related carrying amounts:
Current Period
Prior Period
Banks
124,575
85,295
Insurance Companies
Factoring Companies
Leasing Companies
Finance Companies
Other Financial Participations
Total
124,575
85,295
g.5. Consolidated associates traded on a stock exchange:
None.
g.6. Consolidated associates disposed of in the current period:
None.
g.7. Consolidated associates acquired in the current period:
None.
g.8. Other issues related to associates:
As of 01 December 2014, the transactions related contribution to capital of Radore Veri Hizmetleri A.Ş. by İş Girişim Sermayesi Yatırım Ortaklığı A.Ş. which is a subsidiary subject to
consolidation, with a value of TL 17,500 and 28% share have been completed.