KAMUYU AYDINLATMA PLATFORMU MERRILL LYNCH YATIRIM BANK A.Ş. Bank Financial Report 2016-4. 3 Monthly Notification General Information About Financial Statements
Independet Audit Comment Independent Audit Company Audit Type Audit Result AKİS BAĞIMSIZ DENETİM VE SERBEST MUHASEBECİ MALİ MÜŞAVİRLİK A.Ş. Continuous Positive BAĞIMSIZ DENETÇİ RAPORU Merrill Lynch Yatırım Bank A.Ş. Yönetim Kurulu'na Konsolide Olmayan Finansal Tablolara İlişkin Rapor Merrill Lynch Yatırım Bank A.Ş.'nin ("Banka") 31 Aralık 2016 tarihli konsolide olmayan bilançosu ile aynı tarihte sona eren hesap dönemine ait; konsolide olmayan gelir tablosu, konsolide olmayan özkaynaklarda muhasebeleştirilen gelir gider kalemlerine ilişkin tablo, konsolide olmayan özkaynak değişim tablosu, konsolide olmayan nakit akış tablosu ile önemli muhasebe politikalarını özetleyen dipnotlar ve diğer açıklayıcı notlardan oluşan ilişikteki konsolide olmayan finansal tablolarını denetlemiş bulunuyoruz. Yönetimin Konsolide Olmayan Finansal Tablolara İlişkin Sorumluluğu Banka yönetimi, konsolide olmayan finansal tabloların 1 Kasım 2006 tarihli ve 26333 sayılı Resmi Gazete'de yayımlanan "Bankaların Muhasebe Uygulamalarına ve Belgelerin Saklanmasına İlişkin Usul ve Esaslar Hakkında Yönetmelik" ve Bankacılık Düzenleme ve Denetleme Kurulu tarafından bankaların hesap ve kayıt düzenine ilişkin yayımlanan diğer düzenlemeler ile Bankacılık Düzenleme ve Denetleme Kurumu ("BDDK") genelge ve açıklamaları ve bunlar ile düzenlenmeyen konularda Türkiye Muhasebe Standartları hükümlerini içeren; "BDDK Muhasebe ve Finansal Raporlama Mevzuatı"na uygun olarak hazırlanmasından, gerçeğe uygun bir biçimde sunumundan ve hata veya hile kaynaklı önemli yanlışlık içermeyen finansal tabloların hazırlanmasını sağlamak için gerekli gördüğü iç kontrolden sorumludur. Bağımsız Denetçinin Sorumluluğu Sorumluluğumuz, yaptığımız bağımsız denetime dayanarak bu konsolide olmayan finansal tablolar hakkında görüş vermektir. Yaptığımız bağımsız denetim, BDDK tarafından 2 Nisan 2015 tarihli ve 29314 sayılı Resmi Gazete'de yayımlanan " Bankaların Bağımsız Denetimi Hakkında Yönetmelik" ve Kamu Gözetimi Muhasebe ve Denetim Standartları Kurumu ("KGK") tarafından yayımlanan Türkiye Denetim Standartları'nın bir parçası olan Bağımsız Denetim Standartları'na uygun olarak yürütülmüştür. Bu standartlar, etik hükümlere uygunluk sağlanmasını ve bağımsız denetimin, finansal tabloların önemli yanlışlık içerip içermediğine dair makul güvence elde etmek üzere planlanarak yürütülmesini gerektirmektedir.
Bağımsız denetim, finansal tablolardaki tutar ve açıklamalar hakkında denetim kanıtı elde etmek amacıyla denetim prosedürlerinin uygulanmasını içerir. Bu prosedürlerin seçimi, finansal tablolardaki hata veya hile kaynaklı "önemli yanlışlık" risklerinin değerlendirilmesi de dâhil, bağımsız denetçinin mesleki muhakemesine dayanır. Bağımsız denetçi, risk değerlendirmelerini yaparken, şartlara uygun denetim prosedürlerini tasarlamak amacıyla işletmenin finansal tablolarının hazırlanması ve gerçeğe uygun sunumuyla ilgili iç kontrolü değerlendirir, ancak bu değerlendirme, işletmenin iç kontrolünün etkinliğine ilişkin bir görüş verme amacı taşımaz. Bağımsız denetim, bir bütün olarak finansal tabloların sunumunun değerlendirilmesinin yanı sıra, işletme yönetimi tarafından kullanılan muhasebe politikalarının uygunluğunun ve yapılan muhasebe tahminlerinin makul olup olmadığının değerlendirilmesini de içerir. Bağımsız denetim sırasında elde ettiğimiz bağımsız denetim kanıtlarının, görüşümüzün oluşturulması için yeterli ve uygun bir dayanak oluşturduğuna inanıyoruz. Görüş Görüşümüze göre, ilişikteki konsolide olmayan finansal tablolar, Merrill Lynch Yatırım Bank Anonim Şirketi'nin 31 Aralık 2016 tarihi itibarıyla finansal durumunu ve aynı tarihte sona eren hesap dönemine ait finansal performansını ve nakit akışlarını; BDDK Muhasebe ve Finansal Raporlama Mevzuatı'na uygun olarak tüm önemli yönleriyle gerçeğe uygun bir biçimde sunmaktadır. Diğer Husus Şirket'in 31 Aralık 2015 tarihinde sona eren hesap dönemine ait finansal tabloları başka bir bağımsız denetçi tarafından denetlenmiştir. Söz konusu bağımsız denetçi, 24 Şubat 2016 tarihli bağımsız denetçi raporunda olumlu görüş bildirmiştir. Mevzuattan Kaynaklanan Diğer Yükümlülüklere İlişkin Rapor 6102 sayılı Türk Ticaret Kanunu'nun ("TTK") 402 nci maddesinin dördüncü fıkrası uyarınca; Banka'nın 1 Ocak 31 Aralık 2016 hesap döneminde defter tutma düzeninin, TTK ile Banka esas sözleşmesinin finansal raporlamaya ilişkin hükümlerine uygun olmadığına dair önemli bir hususa rastlanmamıştır. TTK'nın 402 nci maddesinin dördüncü fıkrası uyarınca; Yönetim Kurulu tarafımıza denetim kapsamında istenen açıklamaları yapmış ve talep edilen belgeleri vermiştir. Akis Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. A member firm of KPMG International Cooperative Funda Aslanoğlu, SMMM
Sorumlu Denetçi 15 Şubat 2017 İstanbul, Türkiye
Statement of financial position [abstract] Presentation Currency Nature of Financial Statements 1.000 TL Footnote Reference 31.12.2016 Previous Period 31.12.2015 TL FC Total TL FC Total Balance Sheet (Statement of Financial Position) ASSET ITEMS CASH AND CASH BALANCES AT CENTRAL BANK (I-a) 1.222 8.948 10.170 2.682 11.658 14.340 FINANCIAL ASSETS DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS (Net) (I-b) 35.635 35.635 137.725 137.725 Financial Assets Held For Trading 35.635 35.635 137.725 137.725 Public Debt Securities 35.635 35.635 137.725 137.725 BANKS (I-c) 569 14.496 15.065 610 26.558 27.168 RECEIVABLES FROM MONEY MARKETS 55.026 55.026 0 0 Receivables From Reverse Repo Transactions 55.026 55.026 0 0 AVAILABLE FOR SALE FINANCIAL ASSETS (Net) (I-d) 0 0 0 0 Other Securities 0 0 0 0 LOANS AND RECEIVABLES (I-e) 17.662 17.662 14.585 14.585 Loans and Receivables 17.662 17.662 14.585 14.585 Other 17.662 17.662 14.585 14.585 FACTORING RECEIVABLES 0 0 0 0 HELD TO MATURITY INVESTMENTS (Net) (I-f) 0 0 0 0 INVESTMENTS IN ASSOCIATES (Net) (I-g) 0 0 0 0 Associates 0 0 0 0 Financial Associates 0 0 0 0 INVESTMENTS IN SUBSIDIARIES (Net) (I-h) 7.361 7.361 7.361 7.361 Financial Subsidiaries 7.361 7.361 7.361 7.361 JOINTLY CONTROLLED PARTNERSHIPS (JOINT VENTURES) ( Net) Jointly Controlled Partnerships (Joint Ventures) (I-ı) 0 0 0 0 0 0 0 0 Financial Joint Ventures 0 0 0 0 RECEIVABLES FROM LEASING TRANSACTIONS (I-j) 0 0 0 0 Other 0 0 0 0 DERIVATIVE FINANCIAL ASSETS HELD FOR CASH FLOW HEDGES (I-k) 0 0 0 0 Fair Value Hedges 0 0 0 0 TANGIBLE ASSETS (Net) 853 853 1.196 1.196 INTANGIBLE ASSETS AND GOODWILL (Net) 690 690 315 315 Other 690 690 315 315 INVESTMENT PROPERTY (Net) (I-l) 0 0 0 0 TAX ASSETS (I-n) 9.192 9.192 7.113 7.113 Current tax assets 431 431 550 550
Deferred Tax Asset 8.761 8.761 6.563 6.563 NON-CURRENT ASSETS OR DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE FROM DISCONTINUED OPERATIONS (Net ) (I-m) 0 0 0 0 Held for Sale 0 0 0 0 OTHER ASSETS (I-o) 7.537 23 7.560 5.668 234 5.902 TOTAL ASSETS 118.085 41.129 159.214 162.670 53.035 215.705 LIABILITY AND EQUITY ITEMS DEPOSITS (II-a) 0 0 0 0 Deposits from the Bank"s Risk Group 0 0 0 0 DERIVATIVE FINANCIAL LIABILITIES HELD FOR TRADING (II-b) 0 0 0 0 LOANS RECEIVED (II-c) 18.073 18.073 14.696 14.696 MONEY MARKET FUNDS (II-d) 0 0 50.014 50.014 Funds Provided Under Repurchase Agreements 0 0 50.014 50.014 MARKETABLE SECURITIES (Net) 0 0 0 0 Bills 0 0 0 0 FUNDS 0 0 0 0 Other 0 0 0 0 MISCELLANEOUS PAYABLES 80 49 129 94 447 541 OTHER LIABILITIES (II-e) 0 0 0 0 FACTORING PAYABLES 0 0 0 0 LEASE PAYABLES (II-f) 0 0 0 0 Other 0 0 0 0 DERIVATIVE FINANCIAL LIABILITIES HELD FOR CASH FLOW HEDGES (II-g) 0 0 0 0 Fair Value Hedges 0 0 0 0 PROVISIONS (II-h) 10.526 11.136 21.662 2.892 19.588 22.480 General Loan Loss Provisions 322 322 414 414 Reserves for Employee Benefits 9.716 10.830 20.546 1.883 19.294 21.177 Other provisions 488 306 794 595 294 889 TAX LIABILITIES (II-ı) 896 896 1.130 1.130 Current tax liabilities 896 896 1.130 1.130 LIABILITIES RELATED TO ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS (Net) (II-i) 0 0 0 0 Held For Sale 0 0 0 0 SUBORDINATED DEBT (II-j) 0 0 0 0 EQUITY (II-k) 118.454 118.454 126.844 126.844 Issued capital 50.000 50.000 50.000 50.000 Capital Reserves 48 48-199 -199 Other Capital Reserves 48 48-199 -199 Profit Reserves 77.043 77.043 62.860 62.860 Legal Reserves 3.853 3.853 3.144 3.144 Extraordinary Reserves 73.190 73.190 59.716 59.716 Profit or Loss -8.637-8.637 14.183 14.183 Net Profit Or Loss -8.637-8.637 14.183 14.183 TOTAL EQUITY AND LIABILITIES 129.956 29.258 159.214 180.974 34.731 215.705
OFF-BALANCE SHEET ITEMS Presentation Currency Nature of Financial Statements 1.000 TL Footnote Reference 31.12.2016 Previous Period 31.12.2015 TL FC Total TL FC Total STATEMENT OF OFF-BALANCE SHEET ITEMS OFF-BALANCE SHEET COMMITMENTS (III-a) 2 2 28.792 581 29.373 GUARANTIES AND WARRANTIES 2 2 2 2 Letters of Guarantee 2 2 2 2 Other Letters of Guarantee 2 2 2 2 COMMITMENTS 0 0 28.790 581 29.371 Irrevocable Commitments 0 0 28.790 581 29.371 Forward Asset Purchase Commitments 0 0 28.790 28.790 Other Irrevocable Commitments 581 581 DERIVATIVE FINANCIAL INSTRUMENTS 0 0 0 0 CUSTODY AND PLEDGES RECEIVED 0 0 0 0 ITEMS HELD IN CUSTODY 0 0 0 0 PLEDGED ITEMS 0 0 0 0 ACCEPTED BILL, GUARANTIES AND WARRANTEES 0 0 0 0 TOTAL OFF-BALANCE SHEET ACCOUNTS 2 2 28.792 581 29.373
Income Statement Presentation Currency Nature of Financial Statements 1.000 TL Footnote Reference 01.01.2016-31.12.2016 Previous Period 01.01.2015-31.12.2015 Income Statement INCOME AND EXPENSE ITEMS INTEREST INCOME (IV-a) 17.430 11.301 Interest Income on Loans 650 805 Interest Income on Reserve Deposits 422 76 Interest Income on Banks 275 626 Interest Income on Money Market Placements 2.900 3.661 Interest Income on Marketable Securities Portfolio 13.183 6.133 Financial Assets Held for Trading 13.183 6.133 INTEREST EXPENSES (IV-b) -10.371-2.557 Interest Expenses on Funds Borrowed -319-533 Interest Expenses on Money Market Funds -10.052-2.024 NET INTEREST INCOME OR EXPENSE 7.059 8.744 NET FEE AND COMMISSION INCOME OR EXPENSES -857-481 Fees and Commissions Received 0 0 Other 0 0 Fees and Commissions Paid -857-481 Paid for Noncash Loans -238-215 Other -619-266 DIVIDEND INCOME (IV-c) 0 14.999 TRADING INCOME OR LOSS (Net) (IV-d) -6.787-3.191 Gains (Losses) Arising from Capital Markets Transactions -12.296-2.364 Gains (Losses) Arising From Derivative Financial Transactions -573 4.574 Foreign Exchange Gains or Losses 6.082-5.401 OTHER OPERATING INCOME (IV-e) 36.272 38.445 TOTAL OPERATING INCOME (EXPENSE) 35.687 58.516 PROVISION FOR LOSSES ON LOANS AND OTHER RECEIVABLES (-) (IV-f) 0-136 OTHER OPERATING EXPENSES (-) (IV-g) -46.584-44.211 NET OPERATING INCOME (LOSS) -10.897 14.169 AMOUNT IN EXCESS RECORDED AS GAIN AFTER MERGER 0 0 PROFIT (LOSS) FROM COMPANIES ACCOUNTED FOR USING EQUITY METHOD 0 0 NET MONETARY POSITION GAIN (LOSS) 0 0 PROFIT (LOSS) FROM CONTINUING OPERATIONS, BEFORE TAX (IV-h) -10.897 14.169 TAX PROVISION FOR CONTINUING OPERATIONS (+/-) (IV-ı) 2.260 14 Deferred Tax Provision 2.260 14 NET PERIOD PROFIT (LOSS) FROM CONTUNUING OPERATIONS -8.637 14.183 INCOME ON DISCONTINUED OPERATIONS 0 0 Income on Assets Held for Sale 0 0 EXPENSES ON DISCONTINUED OPERATIONS (-) 0 0 Expense on Assets Held for Sale 0 0 PROFIT (LOSS) ON DISCONTINUED OPERATIONS BEFORE TAX 0 0 TAX PROVISION FOR DISCONTINUED OPERATIONS (+/-) 0 0 Current Tax Provision 0 0 NET PERIOD PROFIT/LOSS FROM DISCONTINUED OPERATIONS 0 0 NET PROFIT (LOSS) -8.637 14.183 Profit (Loss) Attributable to Group -8.637 14.183 Profit (loss), attributable to non-controlling interests 0 0 Profit (loss) per share Profit (Loss) per Share
Statement of Income and Expense Items Accounted Under Shareholders' Equity Presentation Currency Nature of Financial Statements 1.000 TL Footnote Reference 01.01.2016-31.12.2016 Previous Period 01.01.2015-31.12.2015 Statement of Income and Expense Items Accounted Under Shareholders' Equity Income and Expense Items Accounted Under Shareholders' Equity ADDITIONS TO MARKETABLE SECURITIES VALUATION DIFFERENCES FROM AVAILABLE- FOR- SALE FINANCIAL ASSETS TANGIBLE ASSETS REVALUATION DIFFERENCES 0 INTANGIBLE ASSETS REVALUATION DIFFERENCES 0 FOREIGN EXCHANGE DIFFERENCES FOR FOREIGN CURRENCY TRANSACTIONS PROFIT OR LOSS ON DERIVATIVE FINANCIAL ASSETS HELD FOR CASH FLOW HEDGES (Effective Part Of Fair Value Changes) PROFIT OR LOSS ON DERIVATIVE FINANCIAL ASSETS HELD FOR CASH FLOW HEDGES OF NET FOREIGN INVESTMENT RISK (Effective Part Of Fair Value Changes) EFFECTS OF CHANGES IN ACCOUNTING POLICIES AND CORRECTIONS OF ERRORS OTHER INCOME OR EXPENSES ACCOUNTED UNDER SHAREHOLDERS' EQUITY IN ACCORDANCE WITH TURKISH ACCOUNTING STANDARDS 0 0 0 0 0 309-57 DEFERRED TAX RELATED TO VALUATION DIFFERENCES -62 13 NET INCOME OR EXPENSE DIRECTLY ACCOUNTED UNDER SHAREHOLDERS' EQUITY 247-44 PROFIT (LOSS) -8.637 14.183 Other -8.637 14.183 TOTAL PROFIT OR LOSS ACCOUNTED FOR THE PERIOD -8.390 14.139
Statement of Cash Flow Presentation Currency Nature of Financial Statements 1.000 TL Footnote Reference 01.01.2016-31.12.2016 Previous Period 01.01.2015-31.12.2015 Statement of Cash Flow CASH FLOWS FROM USED IN BANKING OPERATIONS Operating Profit Before Changes in Operating Assets and Liabilities -6.120 19.334 Interest Received 17.625 12.140 Interest Paid -10.064-2.973 Dividends received 14.999 Other Gains 35.442 41.058 Cash Payments to Personnel and Service Suppliers -25.416-24.301 Taxes Paid 119 83 Other -23.826-21.672 Changes in Operating Assets and Liabilities Subject to Banking Operations Net (Increase) Decrease in Financial Assets at Fair Value through Profit or Loss 51.986-56.131 101.808-14.256 Net (Increase) Decrease in Due From Banks 21 7.034 Net (Increase) Decrease in Loans -3.058 8.652 Net (Increase) Decrease in Other Assets 594 3.561 Net Increase (Decrease) in Funds Borrowed 3.058-71.262 Net Increase (Decrease) Other Liabilities -50.437 10.140 Net Cash Provided From Banking Operations 45.866-36.797 CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES Net cash flows from (used in) investing activities -1.062-838 Tangible And Intangible Asset Purchases -1.062-846 Cash Obtained from Tangible and Intangible Asset Sales 8 CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES Net cash flows from (used in) financing activities 0 0 Payments of finance lease liabilities 0 0 Effect of Change in Foreign Exchange Rate on Cash and Cash Equivalents -5.957-5.938 Net Increase (Decrease) in Cash and Cash Equivalents 38.847-43.573 Cash and Cash Equivalents at Beginning of the Period 40.890 84.463 Cash and Cash Equivalents at End of the Period 79.737 40.890
Statement of Changes in Equity Presentation Currency Nature of Financial Statements 1.000 TL Footnote Reference Issued Issued Capital Inflation Capital Adjustment Difference Share Premium Share Cancellation Profit Legal Statutory Reserves Reserves Extraordinary Reserves Other Reserves Net Profit (Loss) Prior Years' Profits or Losses Marketable Securities Revaluation Differences Tangible and Intangible Assets Revaluation Reserve Bonus Shares from Investments Hedge Reserves Accumulated Revaluation Reserves on Assets Held for Sale and Discontinued Operations Total Equity Except from Non-controlling Non-controlling Interests Interests Total Equity Statement of Changes in Equity Statement of Changes in Equity Previous Period 01.01.2015-31.12.2015 Equity at beginning of period 50.000 2.757 52.368-155 7.735 112.705 112.705 Adjustments Related to TMS 8 Effect Of Corrections Effect Of Changes In Accounting Policy Adjusted Beginning Balance 50.000 2.757 52.368-155 7.735 112.705 112.705 CHANGES IN THE PERIOD Increase/Decrease due to Mergers Marketable Securities Value Increase Funds Hedge Reserves (Effective Portion) Cash Flow Hedges Net Foreign Investment Hedges Tangible Assets Revaluation Reserve Intangible Assets Revaluation Reserve Bonus Shares Obtained from Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) Translation Differences Changes Arised from the disposal of Assets Changes Arised From the reclassification of Assets The Effects Of Changes In Partipication Equity On Bank Equity Issue of equity Cash Increase Capital Increase Through Internal Reserves Share Issuance Premium Share Cancellation Profit Issued Capital Inflation Adjustment Difference Other -44-44 -44 Profit (loss) for the Period 14.183 14.183 14.183 Profit Distributions 387 7.348-7.735 Dividends Paid Transfers To Reserves 387 7.348-7.735 Other Equity at end of period 50.000 3.144 59.716-199 14.183 126.844 126.844 Statement of Changes in Equity Statement of Changes in Equity 01.01.2016-31.12.2016 Equity at beginning of period 50.000 3.144 59.716-199 14.183 126.844 126.844 Adjustments Related to TMS 8 Effect Of Corrections Effect Of Changes In Accounting Policy Adjusted Beginning Balance 50.000 3.144 59.716-199 14.183 126.844 126.844 CHANGES IN THE PERIOD Increase/Decrease due to Mergers Marketable Securities Value Increase Funds Hedge Reserves (Effective Portion) Cash Flow Hedges Net Foreign Investment Hedges Tangible Assets Revaluation Reserve Intangible Assets Revaluation Reserve Bonus Shares Obtained from Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) Translation Differences Changes Arised from the disposal of Assets Changes Arised From the reclassification of Assets The Effects Of Changes In Partipication Equity On Bank Equity Issue of equity Cash Increase Capital Increase Through Internal Reserves Share Issuance Premium Share Cancellation Profit Issued Capital Inflation Adjustment Difference Other 247 247 247 Profit (loss) for the Period -8.637-8.637-8.637 Profit Distributions 709 13.474-14.183
Dividends Paid Transfers To Reserves 709 13.474-14.183 Other Equity at end of period 50.000 3.853 73.190 48-8.637 0 118.454 118.454