KAMUYU AYDINLATMA PLATFORMU DEVİR FAKTORİNG A.Ş. Financial Institutions Financial Report 2017 2. 3 Monthly Notification General Information About Financial Statements
Independet Audit Comment Independent Audit Company Audit Type Audit Result RSM TURKEY BAĞIMSIZ DENETİM VE YMM A.Ş. Limited Positive ARA DÖNEM FİNANSAL BİLGİLERE İLİŞKİN SINIRLI DENETİM RAPORU Devir Faktoring A.Ş. Yönetim Kurulu'na Giriş Devir Faktoring A.Ş.'nin ("Şirket") 30 Haziran 2017 tarihli ilişikteki finansal durum tablosunun ve aynı tarihte sona eren altı aylık döneme ait kar veya zarar tablosunun, kar veya zarar ve diğer kapsamlı gelir tablosunun, özkaynaklar değişim tablosunun ve nakit akış tablosu ile önemli muhasebe politikalarının özetinin ve diğer açıklayıcı dipnotlarının sınırlı denetimini yürütmüş bulunuyoruz. Şirket yönetimi, söz konusu ara dönem finansal bilgilerin 24 Aralık 2013 tarih ve 28861 sayılı Resmi Gazete'de yayımlanan Finansal Kiralama, Faktoring ve Finansman Şirketlerince Uygulanacak Tekdüzen Hesap Planı ve İzahnamesi Hakkında Tebliğ ile Finansal Kiralama, Faktoring ve Finansman Şirketlerinin Muhasebe Uygulamaları ile Finansal Tabloları Hakkında Yönetmelik, tebliğ ve genelgeleri ile Bankacılık Düzenleme ve Denetleme Kurumu ("BDDK") tarafından yapılan açıklamaları ve bunlar ile düzenlenmeyen konularda Türkiye Muhasebe Standartı 34 " Ara Dönem Finansal Raporlama Standardı" hükümlerini içeren; "BDDK Muhasebe ve Finansal Raporlama Mevzuatı"na uygun olarak hazırlanmasından ve gerçeğe uygun bir biçimde sunumundan sorumludur. Sorumluluğumuz, yaptığımız sınırlı denetime dayanarak söz konusu ara dönem finansal bilgilere ilişkin bir sonuç bildirmektir. Sınırlı Denetimin Kapsamı Yaptığımız sınırlı denetim, Sınırlı Bağımsız Denetim Standardı (SBDS) 2410 "Ara Dönem Finansal Bilgilerin, İşletmenin Yıllık Finansal Tablolarının Bağımsız Denetimini Yürüten Denetçi Tarafından Sınırlı Bağımsız Denetimi"ne uygun olarak yürütülmüştür. Ara dönem finansal bilgilere ilişkin sınırlı denetim, başta finans ve muhasebe konularından sorumlu kişiler olmak üzere ilgili kişilerin sorgulanması ve analitik prosedürler ile diğer sınırlı denetim prosedürlerinin uygulanmasından oluşur. Ara dönem finansal bilgilerin sınırlı denetiminin kapsamı; Bağımsız Denetim Standartlarına uygun olarak yapılan ve amacı finansal tablolar hakkında bir görüş bildirmek olan bağımsız denetimin kapsamına kıyasla önemli ölçüde dardır. Sonuç olarak ara dönem finansal bilgilerin sınırlı denetimi, denetim şirketinin, bir bağımsız denetimde belirlenebilecek tüm önemli hususlara vâkıf olabileceğine ilişkin bir güvence sağlamamaktadır. Bu sebeple, bir bağımsız denetim görüşü bildirmemekteyiz. Sonuç Sınırlı denetimimize göre ilişikteki ara dönem finansal bilgilerin, Devir Faktoring A.Ş.'nin 30 Haziran 2017 tarihi itibarıyla finansal durumunun ve aynı tarihte sona eren altı aylık döneme ilişkin finansal performansının ve nakit akışlarının BDDK Muhasebe ve Finansal Raporlama Mevzuatı'na uygun olarak tüm önemli yönleriyle gerçeğe uygun bir biçimde sunulmadığı kanaatine varmamıza sebep olacak herhangi bir husus dikkatimizi çekmemiştir. İstanbul, 8 Ağustos 2017 RSM TURKEY BAĞIMSIZ DENETİM VE YEMİNLİ MALİ MÜŞAVİRLİK A.Ş.
Numan Lokman Ketenci, YMM Sorumlu Denetçi
Statement of Financial Position (Balance Sheet) 31.12.2016 FC Total FC Total Statement of Financial Position (Balance Sheet) ASSET ITEMS CASH, CASH EQUIVALENTS AND BALANCES AT CENTRAL BANK FINANCIAL ASSETS DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS (Net) Financial Assets Designated at Fair Value Through Profit or Loss Derivatives Classified As Financial Assets Held For Trading 3 6.178 0 6.178 3.180 0 3.180 4 0 17.052 17.052 0 0 0 17.052 17.052 BANKS 5 578.519 14 578.533 426.773 6.915 433.688 RECEIVABLES FROM REVERSE REPOR TRANSACTIONS 0 0 0 0 0 0 AVAILABLE FOR SALE FINANCIAL ASSETS (Net) 0 0 0 0 0 0 FACTORING RECEIVABLES 6 183.544.027 183.544.027 172.429.001 172.429.001 Discounted Factoring Receivables 177.824.539 177.824.539 166.425.043 166.425.043 Domestic 185.575.129 185.575.129 173.703.581 173.703.581 Unearned Income () 7.750.590 7.750.590 7.278.538 7.278.538 Other Factoring Receivables 5.719.488 5.719.488 6.003.958 6.003.958 Domestic 5.719.488 5.719.488 6.003.958 6.003.958 FINANCIAL LOANS 0 0 LEASING TRANSACTIONS 0 0 OTHER RECEIVABLES 7 2.084.838 2.084.838 1.129.474 1.129.474 NONPERFORMING RECEIVABLES 8 265.574 265.574 567.973 567.973 NonPerforming Factoring Receivables 7.763.173 7.763.173 7.757.117 7.757.117 Specific Provisions () 7.497.599 7.497.599 7.189.144 7.189.144 DERIVATIVE FINANCIAL ASSETS HELD FOR CASH FLOW HEDGES 0 0 HELD TO MATURITY INVESTMENTS (Net) 0 0 INVESTMENTS IN SUBSIDIARIES (Net) 0 0 INVESTMENTS IN ASSOCIATES (Net) 0 0 JOINT VENTURES (Net) 0 0 TANGIBLE ASSETS (Net) 9 1.125.917 1.125.917 1.117.829 1.117.829 INTANGIBLE ASSETS AND GOODWILL (Net) 10 75.953 75.953 49.237 49.237 Other 75.953 75.953 49.237 49.237 PREPAYMENTS 12 300.319 300.319 355.110 355.110 CURRENT TAX ASSETS 0 0 DEFERRED TAX ASSET 11 1.893.221 1.893.221 1.726.590 25.007 1.751.597 OTHER ASSETS 0 0
SUBTOTAL 189.874.546 17.066 189.891.612 177.805.167 31.922 177.837.089 ASSETS CLASSIFIED AS HELD FOR SALE AND DISCONTINUED OPERATIONS (NET) TOTAL ASSETS 189.874.546 17.066 189.891.612 177.805.167 31.922 177.837.089 LIABILITY AND EQUITY ITEMS DERIVATIVE FINANCIAL LIABILITIES HELD FOR TRADING 4 8.118 8.118 125.035 125.035 LOANS RECEIVED 13 144.062.908 144.062.908 132.867.856 132.867.856 FACTORING PAYABLES 6 268 268 0 0 LEASE PAYABLES 0 0 0 0 MARKETABLE SECURITIES (Net) 14 13.241.318 13.241.318 14.308.927 14.308.927 Bills 13.241.318 13.241.318 14.308.927 14.308.927 OTHER PAYABLES 7 66.255 66.255 197.745 197.745 OTHER LIABILITIES 0 0 0 0 DERIVATIVE FINANCIAL LIABILITIES HELD FOR CASH FLOW HEDGES 0 0 0 0 0 TAXES PAYABLE 15 526.155 526.155 480.026 480.026 PROVISIONS FOR LIABILITIES AND EXPENSES 16 559.499 559.499 453.643 453.643 Reserves For Employee Benefits 559.499 559.499 453.643 453.643 DEFERRED INCOME 12 497.747 497.747 625.947 625.947 CURRENT TAX LIABILITIES 11 285.298 285.298 631.114 631.114 DEFERRED TAX LIABILITY 11 1.787 1.787 SUBORDINATED DEBT 0 0 0 0 SUBTOTAL 159.239.448 9.905 159.249.353 149.565.258 125.035 149.690.293 LIABILITIES RELATED TO ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS (Net) 0 0 0 0 EQUITY 17 30.642.259 30.642.259 28.146.796 28.146.796 Issued capital 20.000.000 20.000.000 20.000.000 20.000.000 Other Accumulated Comprehensive Income That Will Not Be Reclassified In Profit Or Loss 149.151 149.151 124.477 124.477 Profit Reserves 7.715.086 7.715.086 3.113.191 3.113.191 Legal Reserves 1.748.100 1.748.100 1.441.155 1.441.155 Extraordinary Reserves 5.966.986 5.966.986 1.672.036 1.672.036 Profit or Loss 3.076.324 3.076.324 5.158.082 5.158.082 Prior Years' Profits or Losses 79.187 79.187 79.187 79.187 Net Profit Or Loss 2.997.137 2.997.137 5.078.895 5.078.895 TOTAL EQUITY AND LIABILITIES 189.881.707 9.905 189.891.612 177.712.054 125.035 177.837.089
STATEMENT OF OFFBALANCE SHEET ITEMS 31.12.2016 FC Total FC Total OFFBALANCE SHEET ITEMS OFFBALANCE SHEET ITEMS IRREVOCABLE FACTORING TRANSACTIONS 0 0 0 0 0 0 REVOCABLE FACTORING TRANSACTIONS 21.679.001 21.679.001 20.874.589 0 20.874.589 COLLATERALS RECEIVED 25.1 4.433.324.860 1.200.900 4.434.525.760 3.962.940.710 1.112.970 3.964.053.680 COLLATERALS GIVEN 25.2 13.803.729 13.803.729 10.819.819 0 10.819.819 COMMITMENTS 25.3 1.036.190 116.686 1.152.876 678.618 179.796 858.414 Revocable Commitments 1.036.190 116.686 1.152.876 678.618 179.796 858.414 Other Revocable Commitments 1.036.190 116.686 1.152.876 678.618 179.796 858.414 DERIVATIVE FINANCIAL INSTRUMENTS 1.022.248 994.099 2.016.347 1.832.780 1.923.499 3.756.279 Derivative Financial Instruments Held For Trading 1.022.248 994.099 2.016.347 1.832.780 1.923.499 3.756.279 Forward Buy or Sell Transactions 1.022.248 994.099 2.016.347 1.832.780 1.923.499 3.756.279 ITEMS HELD IN CUSTODY 25.4 200.865.511 1.807.729 202.673.240 189.383.386 2.671.834 192.055.220 TOTAL OFFBALANCE SHEET ITEMS 4.671.731.539 4.119.414 4.675.850.953 4.186.529.902 5.888.099 4.192.418.001
Profit or loss [abstract] 01.01.2017 01.01.2016 30.06.2016 3 Months 01.04.2017 3 Months 01.04.2016 30.06.2016 Profit or loss [abstract] OPERATING INCOME 18 20.851.542 20.310.810 FACTORING INCOME 20.851.542 20.310.810 Factoring Interest Income 18.847.987 17.352.012 Discounted 18.068.107 16.503.004 Other 779.880 849.008 Factoring Fee and Commission Income 2.003.555 2.958.798 Discounted 1.999.002 2.952.079 Other 4.553 6.719 INCOME FROM FINANCING LOANS 0 LEASE INCOME 0 FINANCE COST () 19 10.805.103 10.873.897 Interest Expenses on Funds Borrowed 9.556.458 10.650.582 Interest Expenses on Securities Issued 940.871 7.914 Fees and Commissions Paid 307.774 215.401 GROSS PROFIT (LOSS) 10.046.439 9.436.913 OPERATING EXPENSES () 20 6.567.600 5.741.549 Personnel Expenses 4.265.659 3.820.833 Provision Expense for Employment Termination Benefits 75.013 59.612 General Operating Expenses 2.213.871 1.840.732 Other 13.057 20.372 GROSS OPERATING PROFIT (LOSS) 3.478.839 3.695.364 OTHER OPERATING INCOME 21 852.492 837.602 Interest Income on Banks 67 Gains Arising from Capital Markets Transactions 137.824 357.228 Derivative Financial Transactions 137.824 357.228 Foreign Exchange Gains 172.280 134.531 Other 542.388 345.776 SPECIFIC PROVISION FOR DOUBTFUL RECEIVABLES () 22 433.305 1.576.443 OTHER OPERATING EXPENSES () 23 142.652 224.338 Loss Arising from Derivative Financial Transaction 101.324 60.462 Foreign Exchange Losses 38.328 104.694 Other 3.000 59.182 NET OPERATING PROFIT (LOSS) 3.755.374 2.732.185 AMOUNT IN EXCESS RECORDED AS GAIN AFTER MERGER 0 0 NET MONETARY POSITION GAIN (LOSS) 0 0 PROFIT (LOSS) FROM CONTINUING OPERATIONS, BEFORE TAX 3.755.374 2.732.185 TAX PROVISION FOR CONTINUING OPERATIONS (+/) 11 758.237 548.701 Current Tax Provision 891.905 535.685 Expense Effect of Deferred Tax 306.014 188.027 Income Effect of Deferred Tax 439.682 175.011 NET PERIOD PROFIT (LOSS) FROM CONTUNUING OPERATIONS 2.997.137 2.183.484 INCOME ON DISCONTINUED OPERATIONS 0 EXPENSES ON DISCONTINUED OPERATIONS () 0 PROFIT (LOSS) ON DISCONTINUED OPERATIONS BEFORE TAX 0 TAX PROVISION FOR DISCONTINUED OPERATIONS (+/) 0 NET PERIOD PROFIT/LOSS FROM DISCONTINUED OPERATIONS 0 NET PROFIT (LOSS) 2.997.137 2.183.484 PROFIT (LOSS), ATTRIBUTABLE TO NONCONROLLING INTERESTS PROFIT (LOSS) ATTRIBUTABLE TO OWNERS OF PARENT 2.997.137 2.183.484 Profit (loss) per share Profit (Loss) per Share EARNINGS (LOSS) PER SHARE DILUTED EARNINGS (LOSS) PER SHARE 0
Statement of Other Comprehensive Income 01.01.2017 01.01.2016 30.06.2016 3 Months 01.04.2017 3 Months 01.04.2016 30.06.2016 Statement of Other Comprehensive Income PROFIT (LOSS) 2.997.137 2.183.484 OTHER COMPREHENSIVE INCOME 24.674 29.467 Other Comprehensive Income that will not be Reclassified to Profit or Loss Gains (Losses) on Remeasurements of Defined Benefit Plans Taxes Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss 24.674 29.467 16 30.843 36.834 6.169 7.367 Deferred Tax (Expense) Income 11 6.169 7.367 Items That Will Be Reclassified To Profit or Loss 0 Total comprehensive income 2.972.463 2.154.017
Statement of cash flows [abstract] 01.01.2017 01.01.2016 30.06.2016 Statement of cash flows [abstract] CASH FLOWS FROM OPERATING ACTIVITIES Operating Profit (Loss) Before Changes in Operating Assets and Liabilities 2.600.478 4.853.903 Interest Received and Lease Income 19.213.062 17.282.649 Interest Paid and Lease Payments 11.422.384 9.611.178 Fees and Commissions Received 2.003.555 2.958.798 Other Gains 223.848 397.863 Collections from Previously Written Off Loans and Other Receivables 8 124.850 100.730 Cash Payments to Personnel and Service Suppliers 6.304.732 5.461.497 Taxes Paid 1.237.721 813.462 Changes in Operating Assets and Liabilities 12.992.459 21.946.049 Net (Increase) Decrease in Factoring Receivables 11.735.857 21.215.818 Net (Increase) Decrease in Other Assets 54.791 13.089 Net Increase (Decrease) in Factoring Payables 268 2.028 Net Increase (Decrease) in Matured Payables 46.129 23.731 Net Increase (Decrease) Other Liabilities 1.357.790 742.901 Cash flows from (used in) operating activities 10.391.981 17.092.146 CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES Tangible And Intangible Asset Purchases 9.10 213.892 60.054 Sale of Tangible Intangible Assets 178.218 Net Cash Flows from (used in) Investing Activities 35.674 60.054 CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES Cash Obtained from Loans and Securities Issued 11.052.498 17.117.823 Dividends paid 477.000 Net cash flows from (used in) financing activities 10.575.498 17.117.823 Effect of Change in Foreign Exchange Rate on Cash and Cash Equivalents Net Increase (Decrease) in Cash and Cash Equivalents 147.843 34.377 Cash and Cash Equivalents at Beginning of the Period 436.868 1.085.353 Cash and Cash Equivalents at End of the Period 3 584.711 1.050.976 0
Statement of Changes in Equity Issued capital [ member] Capital Reserves Share premium [ member ] Share Cancellation Profit Other Capital Reserves Other Accumulated Comprehensive Income That Will Not Be Reclassified In Profit Or Loss Tangible and Intangible Assets Accumulated Revaluation Increases / Decreases Accumulated Gains or Losses on Remeasurements of Defined Benefit Plans Other (Other Comprehensive Income of Associates and Joint Ventures Accounted for Using Equity Method that will not be Reclassified to Profit or Loss and OtherAccumulated Amounts of Other Comprehensive Income that will not be Reclassified to Profit or Loss) Other Accumulated Comprehensive Income That Will Be Reclassified In Profit Or Loss Reserve of Exchange Differences on Translation Accumulated Gains and Losses on Remeasuring and/ or Reclassification Adjustments on AvailableforSale Financial Assets Other (Accumulated Gains or Losses on Cash Flow Hedges, Other Comprehensive Income of Associates and Joint Ventures Accounted for Using Equity Method that will be Reclassified to Profit or Loss and Other Accumulated Amounts of Other Comprehensive Income that will be Reclassified to Profit or Loss) Profit Reserves Legal Reserves Statutory Extraordinary Reserves Reserves Other Profit Reserves Current Period Net Profit Or Loss Prior Years' Profits or Losses Net Profit Or Loss Noncontrolling interests [ member] Equity [ member] Statement of Changes in Equity Statement of Changes in Equity 01.01.2016 30.06.2016 Equity at beginning of period 20.000.000 83.391 1.273.785 2.386.593 79.187 2.307.406 23.576.987 Increase or Decrease Required by TAS 8 Effect Of Corrections Effect Of Changes In Accounting Policy Adjusted Beginning Balance 20.000.000 83.391 1.273.785 2.386.593 79.187 2.307.406 23.576.987 Total Comprehensive Income (Loss) 29.467 29.467 Cash Capital Increase Capital Increase Through Internal Reserves Inflation Adjustments to Paidin Capital Convertible Bonds Subordinated Debt Increase (decrease) through other changes, equity Profit (loss) for the Period 2.183.484 2.183.484 2.183.484 Profit Distributions 115.370 2.192.036 Dividends Paid Transfers To Reserves 115.370 2.192.036 Other Equity at end of period 20.000.000 112.858 2.307.406 2.307.406 2.307.406 2.307.406 1.389.155 2.192.036 2.262.671 79.187 2.183.484 25.731.004 Statement of Changes in Equity Statement of Changes in Equity 01.01.2017 Equity at beginning of period 20.000.000 Increase or Decrease Required by TAS 8 Effect Of Corrections Effect Of Changes In Accounting Policy Adjusted Beginning Balance 20.000.000 124.477 124.477 1.441.155 1.672.036 5.158.082 79.187 5.078.895 28.146.796 1.441.155 1.672.036 5.158.082 79.187 5.078.895 28.146.796 Total Comprehensive Income (Loss) 24.674 24.674 Cash Capital Increase Capital Increase Through Internal Reserves Inflation Adjustments to Paidin Capital Convertible Bonds Subordinated Debt Increase (decrease) through other changes, equity Profit (loss) for the Period 2.997.137 2.997.137 2.997.137 Profit Distributions 306.945 4.294.950 Dividends Paid 477.000 477.000 Transfers To Reserves 306.945 4.771.950 Other Equity at end of period 17 20.000.000 149.151 5.078.895 5.078.895 5.078.895 5.078.895 477.000 1.748.100 5.966.986 3.076.324 79.187 2.997.137 30.642.259