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TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Consolidated Financial Statements for the Year Ended
31 December 2014
218
İŞBANK
ANNUAL REPORT 2014
a. 6. Sectoral Risk Concentration of Non-cash Loans:
Current Period
Prior Period
TL
(%)
FC
(%)
TL
(%)
FC
(%)
Agriculture
130,154
0.71
26,364
0.10
131,602
0.82
28,035
0.12
Farming and Stockbreeding
78,256
0.43
22,651
0.09
79,840
0.50
20,255
0.08
Forestry
46,644
0.25
3,713
0.01
47,490
0.29
7,780
0.04
Fishery
5,254
0.03
4,272
0.03
Industry
5,719,521
31.21
14,190,185
53.88
5,735,510
35.60 12,920,326
54.61
Mining and Quarrying
146,051
0.80
256,436
0.97
121,053
0.75
95,375
0.40
Manufacturing
3,335,389
18.20
9,295,189
35.29
3,240,953
20.12
8,947,469
37.82
Electricity, Gas, Water
2,238,081
12.21
4,638,560
17.62
2,373,504
14.73
3,877,482
16.39
Construction
2,506,050
13.67
3,828,748
14.54
2,412,054
14.97
3,395,141
14.35
Services
9,734,723
53.12
6,680,614
25.37
7,683,723
47.70
4,936,712
20.86
Wholesale and Retail Trade
6,382,712
34,83
2,465,698
9.36
4,647,051
28.85
2,215,050
9.36
Hotel and Restaurant Services
185,096
1.01
55,787
0.21
148,474
0.92
37,515
0.16
Transportation and Communication
655,041
3.57
1,190,656
4.52
478,171
2.97
1,487,786
6.29
Financial Institutions
1,111,833
6.07
2,168,192
8.23
854,324
5.30
645,942
2.73
Real Estate and Rental Services
913,999
4.99
471,035
1.79
1,005,833
6.24
252,373
1.07
Self-Employed Services
382,461
2.09
177,382
0.67
463,070
2.88
190,259
0.80
Educational Services
27,823
0.15
3,768
0.01
23,197
0.14
5,379
0.02
Health and Social Services
75,758
0.41
148,096
0.58
63,603
0.40
102,408
0.43
Others
237,033
1.29
1,609,921
6.11
147,174
0.91
2,379,775
10.06
Total
18,327,481
100.00 26,335,832
100.00
16,110,063
100.00 23,659,989
100.00
a.7. Non-cash Loans classified under Group I and Group II:
Group I
Group II
TL
FC
TL
FC
Non-cash Loans
18,171,276
26,222,130
156,205
113,702
Letters of Guarantee
17,924,746
16,484,569
156,205
84,046
Bank Acceptances
9,813
1,217,697
2,221
Letters of Credit
7,735,971
27,435
Endorsements
Underwriting Commitments of the Securities Issued
Factoring Related Guarantees
88,602
11,941
Other Guaranties and Warranties
148,115
771,952
b. Information on Derivative Financial Instruments:
Majority of the Group’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. Explanations Related to Contingencies and Commitments:
The balance of the “Other Irrevocable Commitments” account, which comprised the letters of guarantees, guarantees and commitments submitted by the Group pursuant to its
own internal affairs, and guarantees given to third parties by other institutions in favor of the Parent Bank and the commitments due to housing loans extended within the scope of
unfinished house projects followed, amounts to TL 6,252,985.
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 Parent 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. Explanations related to transactions made on behalf of or on the account of others:
It is explained in Note XIV under Section Four.