KAMUYU AYDINLATMA PLATFORMU KUVEYT TÜRK KATILIM BANKASI A.Ş. Katılım Bankası Finansal Rapor(en) Consolidated 2017-1. 3 Monthly Notification General Information About Financial Statements
Independet Audit Comment Independent Audit Company Audit Type Audit Result DRT BAĞIMSIZ DENETİM VE SERBEST MUHASEBECİ MALİ MÜŞAVİRLİK A.Ş. Limited Positive ARA DÖNEM FİNANSAL BİLGİLERE İLİŞKİN SINIRLI DENETİM RAPORU Kuveyt Türk Katılım Bankası A.Ş. Yönetim Kurulu'na Giriş Kuveyt Türk Katılım Bankası A.Ş.'nin ("Banka") ve konsolidasyona tabi ortaklıklarının (hep birlikte "Grup" olarak anılacaktır) 31 Mart 2017 tarihli ilişikteki konsolide bilançosunun ve aynı tarihte sona eren üç aylık döneme ait konsolide gelir tablosunun, özkaynaklarda muhasebeleştirilen gelir gider kalemlerine ilişkin konsolide tablonun, konsolide özkaynak değişim tablosunun ve konsolide nakit akış tablosu ile önemli muhasebe politikalarının özetinin ve diğer açıklayıcı dipnotlarının sınırlı denetimini yürütmüş bulunuyoruz. Banka yönetimi, söz konusu ara dönem finansal bilgilerin 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 Standardı 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 konsolide finansal bilgilerin Kuveyt Türk Katılım Bankası A.Ş.'nin ve konsolidasyona tabi ortaklıklarının 31 Mart 2017 tarihi itibarıyla finansal durumunun, finansal performansının ve aynı tarihte sona eren üç aylık döneme ilişkin nakit akışlarının BDDK Muhasebe ve Raporlama Mevzuatı'na uygun olarak tüm önemli yönleriyle gerçeğe uygun bir biçimde sunulmadığı kanaatine varmamıza sebep olacak herhangi bir husus dikkatimizi çekmemiştir. Mevzuattan Kaynaklanan Diğer Yükümlülüklere İlişkin Rapor Sınırlı denetimimiz sonucunda, ilişikte sekizinci bölümde yer verilen ara dönem faaliyet raporunda yer alan finansal bilgilerin sınırlı denetimden geçmiş ara dönem konsolide finansal tablolar ve açıklayıcı notlarda verilen bilgiler ile, tüm önemli yönleriyle, tutarlı olmadığına dair herhangi bir hususa rastlanılmamıştır. DRT BAĞIMSIZ DENETİM VE SERBEST MUHASEBECİ MALİ MÜŞAVİRLİK A.Ş. Member of DELOITTE TOUCHE TOHMATSU LIMITED
Yaman Polat, SMMM Sorumlu Denetçi İstanbul, 24 Mayıs 2017
Statement of financial position [abstract] Presentation Currency Nature of Financial Statements 1.000 TL Consolidated Footnote Reference Current Period 31.03.2017 Previous Period 31.12.2016 TL FC Total TL FC Total Balance Sheet (Statement of Financial Position) ASSET ITEMS CASH AND CASH BALANCES AT CENTRAL BANK (I-1) 465.586 7.127.367 7.592.953 695.627 7.630.187 8.325.814 FINANCIAL ASSETS DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS (Net) (I-2) 47.832 147.677 195.509 36.056 125.663 161.719 Financial Assets Held For Trading 47.832 147.677 195.509 36.056 125.663 161.719 Public Debt Securities 20.744 84.792 105.536 10.760 36.148 46.908 Equity instruments Derivatives Classified As Financial Assets Held For Trading 23.198 40.887 64.085 22.217 87.833 110.050 Other Securities 3.890 21.998 25.888 3.079 1.682 4.761 Financial Assets Designated at Fair Value Through Profit or Loss Public Debt Securities Equity instruments Loans Other Securities BANKS (I-3) 19.178 3.861.943 3.881.121 26.887 4.753.493 4.780.380 RECEIVABLES FROM MONEY MARKETS AVAILABLE FOR SALE FINANCIAL ASSETS (Net) (I-4) 1.842.116 2.168.862 4.010.978 1.835.182 1.917.545 3.752.727 Equity instruments 10.325 44.612 54.937 10.325 43.160 53.485 Public Debt Securities 1.822.454 1.757.447 3.579.901 1.821.991 1.500.041 3.322.032 Other Securities 9.337 366.803 376.140 2.866 374.344 377.210 LOANS AND RECEIVABLES (I-5) 25.283.487 5.223.292 30.506.779 23.266.913 5.367.770 28.634.683 Loans and Receivables 25.099.083 5.223.292 30.322.375 23.104.574 5.368.014 28.472.588 Loans to Bank"s Risk Group 80.337 65.762 146.099 73.485 62.891 136.376 Public Debt Securities Other 25.018.746 5.157.530 30.176.276 23.031.089 5.305.123 28.336.212 Non-performing Loans 834.683 552 835.235 748.062 552 748.614 Specific Provisions (-) -650.279-552 -650.831-585.723-796 -586.519 HELD TO MATURITY INVESTMENTS (Net) (I-6) INVESTMENTS IN ASSOCIATES (Net) (I-7) Associates Accounted for Using Equity Method Unconsolidated Associates Financial Associates Non-Financial Associates INVESTMENTS IN SUBSIDIARIES (Net) (I-8) 23.68 23.680 23.68 23.680 Unconsolidated Financial Subsidiaries
Unconsolidated Non-Financial Subsidiaries 23.68 23.680 23.68 23.680 JOINTLY CONTROLLED PARTNERSHIPS (JOINT VENTURES) ( Net) Jointly Controlled Partnerships Accounted for Using Equity Method Unconsolidated Jointly Controlled Partnerships (Joint Ventures) (I-9) 15.929 0 15.929 15.301 0 15.301 15.929 0 15.929 15.301 0 15.301 Financial Joint Ventures Non-Financial Joint Ventures RECEIVABLES FROM LEASING TRANSACTIONS (Net) (I-10) 1.086.022 520.027 1.606.049 1.104.588 439.955 1.544.543 Finance lease receivables 1.229.338 627.153 1.856.491 1.241.824 503.366 1.745.190 Operating Lease Receivables Other Unearned Income (-) -143.316-107.126-250.442-137.236-63.411-200.647 DERIVATIVE FINANCIAL ASSETS HELD FOR CASH FLOW HEDGES (I-11) Fair Value Hedges Cash Flow Hedges Hedge of Net Investments In A Foreign Operation TANGIBLE ASSETS (Net) 443.877 5.771 449.648 439.614 5.558 445.172 INTANGIBLE ASSETS AND GOODWILL (Net) 109.136 46.081 155.217 95.328 45.138 140.466 Goodwill Other 109.136 46.081 155.217 95.328 45.138 140.466 INVESTMENT PROPERTY (Net) TAX ASSETS (I-12) 103.705 0 103.705 118.111 0 118.111 Current tax assets Deferred Tax Asset 103.705 0 103.705 118.111 0 118.111 NON-CURRENT ASSETS OR DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE FROM DISCONTINUED OPERATIONS (Net ) 33.936 0 33.936 47.975 0 47.975 Held for Sale 33.936 0 33.936 47.975 0 47.975 Non-Current Assets From Discontinued Operations OTHER ASSETS (I-13) 494.436 467.681 962.117 336.264 399.200 735.464 TOTAL ASSETS 29.968.920 19.568.701 49.537.621 28.041.526 20.684.509 48.726.035 LIABILITY AND EQUITY ITEMS FUNDS COLLECTED (II-1) 18.438.188 15.754.599 34.192.787 17.920.145 14.092.833 32.012.978 Funds Collected from the Bank's Risk Group 219.986 131.599 351.585 73.536 117.619 191.155 Other 18.218.202 15.623.000 33.841.202 17.846.609 13.975.214 31.821.823 DERIVATIVE FINANCIAL LIABILITIES HELD FOR TRADING (II-2) 20.112 10.573 30.685 40.580 79.147 119.727 LOANS RECEIVED (II-3) 62.523 3.393.065 3.455.588 59.080 3.215.662 3.274.742 MONEY MARKET FUNDS 0 1.219.873 0 1.219.873 MARKETABLE SECURITIES (Net) (II-4) 522.617 4.365.143 4.887.760 580.571 4.174.842 4.755.413 MISCELLANEOUS PAYABLES (II-5) 161.968 27.051 189.019 133.655 35.495 169.150 OTHER LIABILITIES (II-5) 526.000 50.222 576.222 416.174 23.611 439.785 LEASE PAYABLES (Net) (II-6) 0 140 14 226 226 Finance Lease Payables 0 180 18 265 265 Operating Lease Payables Other Deferred Finance Lease Expenses (-) 0-40 -4-39 -39 DERIVATIVE FINANCIAL LIABILITIES HELD FOR CASH FLOW HEDGES (II-7) 0 133.131 133.131 0 137.829 137.829 Fair Value Hedges
Cash Flow Hedges 0 133.131 133.131 0 137.829 137.829 Foreign Net Investment Hedges PROVISIONS (II-8) 445.427 126.158 571.585 455.692 127.312 583.004 General Loan Loss Provisions 251.262 75.265 326.527 238.276 80.549 318.825 Provision for Restructuring Reserves for Employee Benefits 100.548 719 101.267 129.223 15 129.238 Insurance Technical Reserves (Net) Other provisions 93.617 50.174 143.791 88.193 46.748 134.941 TAX LIABILITIES (II-9) 32.439 0 32.439 27.842 0 27.842 Current tax liabilities 32.439 0 32.439 27.842 0 27.842 Deferred tax liabilities LIABILITIES RELATED TO ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS (Net) Held For Sale Related to Discontinued Operations SUBORDINATED DEBT (II-10) 0 1.284.946 1.284.946 0 1.981.646 1.981.646 EQUITY (II-11) 4.255.784-72.465 4.183.319 4.091.183-87.363 4.003.820 Issued capital 3.097.322 0 3.097.322 2.787.322 0 2.787.322 Capital Reserves -76.718-8.144-84.862-65.314-30.347-95.661 Equity Share Premiums 24.208 0 24.208 24.208 0 24.208 Share Cancellation Profits Marketable Securities Value Increase Funds -4.097-8.144-12.241-4.933-30.347-35.280 Tangible Assets Revaluation Reserve Intangible Assets Revaluation Reserve Investment Property Revaluation Reserve Bonus Shares Obtained from Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) Hedging Reserves (Effective Portion) -83.076 0-83.076-70.836 0-70.836 Accumulated Revaluation Reserves on Assets Held for Sale and Discontinued Operations Other Capital Reserves -13.753 0-13.753-13.753 0-13.753 Profit Reserves 980.719 0 980.719 741.764 0 741.764 Legal Reserves 150.389 0 150.389 122.861 0 122.861 Statutory Reserves Extraordinary Reserves 688.629 0 688.629 351.949 0 351.949 Other Profit Reserves 141.701 0 141.701 266.954 0 266.954 Profit or Loss 233.583-64.321 169.262 607.418-57.016 550.402 Prior Years' Profit/Loss 65.452-57.016 8.436 1.365-22.304-20.939 Current Period Net Profit Or Loss 168.131-7.305 160.826 606.053-34.712 571.341 Non-controlling Interests (II-12) 20.878 0 20.878 19.993 0 19.993 TOTAL EQUITY AND LIABILITIES 24.465.058 25.072.563 49.537.621 24.944.795 23.781.240 48.726.035
OFF-BALANCE SHEET ITEMS Presentation Currency Nature of Financial Statements 1.000 TL Consolidated Footnote Reference Current Period 31.03.2017 Previous Period 31.12.2016 TL FC Total TL FC Total STATEMENT OF OFF-BALANCE SHEET ITEMS OFF-BALANCE SHEET COMMITMENTS 45.721.764 23.058.419 68.780.183 45.504.238 19.739.616 65.243.854 GUARANTIES AND WARRANTIES (III-1) 5.660.681 4.807.340 10.468.021 5.177.182 4.712.035 9.889.217 Letters of Guarantee 5.578.777 3.197.457 8.776.234 5.026.495 3.089.530 8.116.025 Guarantees Subject to State Tender Law 155.722 0 155.722 163.646 0 163.646 Guarantees Given for Foreign Trade Operations 420.652 199.616 620.268 451.059 220.807 671.866 Other Letters of Guarantee 5.002.403 2.997.841 8.000.244 4.411.790 2.868.723 7.280.513 Bank Acceptances 3.460 50.586 54.046 2.071 49.973 52.044 Import Letter of Acceptance 3.460 50.586 54.046 2.071 49.973 52.044 Other Bank Acceptances Letters of Credit 78 945.138 945.216 188 1.019.598 1.019.786 Documentary Letters of Credit 78 323.090 323.168 78 302.149 302.227 Other Letters of Credit 0 622.048 622.048 110 717.449 717.559 Prefinancing Given as Guarantee 0 26.543 26.543 0 25.642 25.642 Endorsements Endorsements to the Central Bank of Turkey Other Endorsements Other Guarantees 78.366 587.616 665.982 148.428 527.292 675.720 Other Collaterals COMMITMENTS (III-1) 36.878.547 3.311.140 40.189.687 34.594.651 711.955 35.306.606 Irrevocable Commitments 2.874.041 3.311.140 6.185.181 2.569.656 711.955 3.281.611 Forward Asset Purchase Commitments 315.040 3.285.462 3.600.502 316.785 710.168 1.026.953 Share Capital Commitments to Associates and Subsidiaries Loan Granting Commitments 184.599 0 184.599 151.838 0 151.838 Securities Issue Brokerage Commitments Commitments for Reserve Requirements Commitments for Cheque Payments 1.267.208 0 1.267.208 1.178.75 1.178.750 Tax and Fund Liabilities Arised from Export Commitments 99 0 99 99 0 99 Commitments for Credit Card Limits 1.089.338 0 1.089.338 904.427 0 904.427 Commitments for Credit Cards and Banking Services Promotions Receivables from Short Sale Commitments of Marketable Securities Payables for Short Sale Commitments of Marketable Securities Other Irrevocable Commitments 17.757 25.678 43.435 17.757 1.787 19.544 Revocable Commitments 34.004.506 0 34.004.506 32.024.995 0 32.024.995
Revocable Loan Granting Commitments 34.004.506 0 34.004.506 32.024.995 0 32.024.995 Other Revocable Commitments DERIVATIVE FINANCIAL INSTRUMENTS 3.182.536 14.939.939 18.122.475 5.732.405 14.315.626 20.048.031 Derivative Financial Instruments Held For Hedging 0 1.446.346 1.446.346 0 1.391.124 1.391.124 Fair Value Hedges Cash Flow Hedges 0 1.446.346 1.446.346 0 1.391.124 1.391.124 Hedges of Net Investment in Foreign Operations Derivative Financial Instruments Held For Trading 3.182.536 13.493.593 16.676.129 5.732.405 12.924.502 18.656.907 Forward Buy or Sell Transactions 864.073 1.683.904 2.547.977 1.499.492 1.909.112 3.408.604 Forward Foreign Currency Buying Transactions 413.753 860.460 1.274.213 712.215 995.591 1.707.806 Forward Foreign Currency Sale Transactions 450.320 823.444 1.273.764 787.277 913.521 1.700.798 Other Forward Buy or Sell Transactions 2.318.463 11.809.689 14.128.152 4.232.913 11.015.390 15.248.303 Other CUSTODY AND PLEDGES RECEIVED 219.710.300 108.067.276 327.777.576 205.775.245 106.164.950 311.940.195 ITEMS HELD IN CUSTODY 7.499.664 2.986.598 10.486.262 7.081.056 2.528.760 9.609.816 Customer Fund and Portfolio Balances 20.794 0 20.794 20.794 0 20.794 Securities Held in Custody 1.110.241 43.229 1.153.470 738.025 58.268 796.293 Cheques Received for Collection 5.331.177 575.134 5.906.311 5.292.095 539.190 5.831.285 Commercial Notes Received for Collection 1.037.452 150.131 1.187.583 1.030.142 144.880 1.175.022 Other Assets Received for Collection Securities that will be Intermediated to Issue Other Items Under Custody Custodians 0 2.218.104 2.218.104 0 1.786.422 1.786.422 PLEDGED ITEMS 212.198.997 105.038.175 317.237.172 198.682.550 103.595.106 302.277.656 Securities 222.018 66.559 288.577 222.995 63.991 286.986 Guarantee Notes 101.921 1.469.141 1.571.062 101.921 1.421.085 1.523.006 Commodity 4.196.740 631.418 4.828.158 3.962.735 640.558 4.603.293 Warrant Real Estate 89.559.148 1.868.405 91.427.553 84.503.198 1.815.288 86.318.486 Other Pledged Items 118.119.170 101.002.652 219.121.822 109.891.701 99.654.184 209.545.885 Depositories Receiving Pledged Items ACCEPTED BILL, GUARANTIES AND WARRANTEES 11.639 42.503 54.142 11.639 41.084 52.723 TOTAL OFF-BALANCE SHEET ACCOUNTS 265.432.064 131.125.695 396.557.759 251.279.483 125.904.566 377.184.049
Income Statement Presentation Currency Nature of Financial Statements 1.000 TL Consolidated Footnote Reference Current Period 01.01.2017-31.03.2017 Previous Period 01.01.2016-31.03.2016 Income Statement INCOME AND EXPENSE ITEMS PROFIT SHARE INCOME (IV-1) 841.791 724.782 Profit Share on Loans 723.261 642.283 Income Received From Reserve Deposits 8.644 7.083 Income Received From Banks 7.904 2.146 Income Received from Money Market Placements Income Received From Marketable Securities Portfolio 65.591 43.842 Financial Assets Held for Trading Financial Assets Designated At Fair Value Through Profit and Loss 2.329 1.726 Financial Assets Available for Sale 63.262 42.116 Held to Maturity Investments Finance Lease Income 30.945 24.390 Other Profit Share Income 5.446 5.038 PROFIT SHARE EXPENSES (IV-2) -398.255-309.705 Expenses on Profit Sharing Accounts -263.694-206.024 Profit Share Expense on Funds Borrowed -62.205-34.720 Profit Share Expense on Money Market Borrowings -2.404-13.223 Expense on Securities Issued -69.952-55.666 Other Profit Share Expense 0-72 NET PROFIT SHARE INCOME (LOSS) 443.536 415.077 NET FEE AND COMMISSION INCOME OR EXPENSES 54.453 38.220 Fees and Commissions Received 88.919 71.571 From Noncash Loans 25.735 20.895 Other (IV-12) 63.184 50.676 Fees and Commissions Paid -34.466-33.351 Paid for Noncash Loans -4-36 Other (IV-12) -34.462-33.315 DIVIDEND INCOME (IV-3) 0 509 TRADING INCOME OR LOSS (Net) (IV-4) 130.648 26.215 Gains (Losses) Arising from Capital Markets Transactions 3.165 652 Gains (Losses) Arising From Derivative Financial Transactions -193.255-12.448 Foreign Exchange Gains or Losses 320.738 38.011 OTHER OPERATING INCOME (IV-5) 40.665 59.838 TOTAL OPERATING INCOME (EXPENSE) 669.302 539.859 PROVISION FOR LOSSES ON LOANS AND OTHER RECEIVABLES (-) (IV-6) -140.800-115.888 OTHER OPERATING EXPENSES (-) (IV-7) -323.843-280.866 NET OPERATING INCOME (LOSS) 204.659 143.105 AMOUNT IN EXCESS RECORDED AS GAIN AFTER MERGER PROFIT (LOSS) FROM COMPANIES ACCOUNTED FOR USING EQUITY METHOD 628-571 NET MONETARY POSITION GAIN (LOSS) PROFIT (LOSS) FROM CONTINUING OPERATIONS, BEFORE TAX (IV-8) 205.287 142.534 TAX PROVISION FOR CONTINUING OPERATIONS (+/-) (IV-9) -43.576-29.793 Current Tax Provision -30.681-16.228 Deferred Tax Provision -12.895-13.565 NET PERIOD PROFIT (LOSS) FROM CONTUNUING OPERATIONS 161.711 112.741 INCOME ON DISCONTINUED OPERATIONS Income on Assets Held for Sale Gain on Sale of Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) Other Income on Discontinued Operations EXPENSES ON DISCONTINUED OPERATIONS (-) Expense on Assets Held for Sale Loss on Sale of Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) Other Expenses on Discontinued Operations PROFIT (LOSS) ON DISCONTINUED OPERATIONS BEFORE TAX
TAX PROVISION FOR DISCONTINUED OPERATIONS (+/-) (IV-10) Current Tax Provision Deferred Tax Provision NET PERIOD PROFIT/LOSS FROM DISCONTINUED OPERATIONS (IV-11) NET PROFIT (LOSS) 161.711 112.741 Profit (Loss) Attributable to Group 160.826 112.906 Profit (loss), attributable to non-controlling interests 885-165 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 Consolidated Footnote Reference Current Period 01.01.2017-31.03.2017 Previous Period 01.01.2016-31.03.2016 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 28.799 2.538-1.789-3.677 1.034 765-16.334 3.306 DEFERRED TAX RELATED TO VALUATION DIFFERENCES -1.511-1.322 NET INCOME OR EXPENSE DIRECTLY ACCOUNTED UNDER SHAREHOLDERS' EQUITY 10.199 1.610 PROFIT (LOSS) 161.711 112.741 Net Change in Fair Value of Securities (Transfer to Profit Or Loss) -674 760 Other 162.385 111.981 TOTAL PROFIT OR LOSS ACCOUNTED FOR THE PERIOD 171.910 114.351
Statement of Cash Flow Presentation Currency Nature of Financial Statements 1.000 TL Consolidated Footnote Reference Current Period 01.01.2017-31.03.2017 Previous Period 01.01.2016-31.03.2016 Statement of Cash Flow CASH FLOWS FROM (USED IN) BANKING OPERATIONS Operating Profit Before Changes in Operating Assets and Liabilities 91.621 169.398 Profit Share Income Received 866.134 736.008 Profit Share Expense Paid -374.646-287.449 Dividends received 0 509 Fees and Commissions Received 91.469 73.074 Other Gains 97.209 3.848 Collections from Previously Written Off Loans and Other Receivables 26.369 37.949 Cash Payments to Personnel and Service Suppliers -289.111-243.146 Taxes Paid -40.289-46.796 Other -285.514-104.599 Changes in Operating Assets and Liabilities Subject to Banking Operations Net (Increase) Decrease in Financial Assets Held for Trading Net (Increase) Decrease in Financial Assets at Fair Value through Profit or Loss -1.536.450-1.187.267-79.756-35.295 Net (Increase) Decrease in Due From Banks 209.551-406.802 Net (Increase) Decrease in Loans -2.040.659-1.047.107 Net (Increase) Decrease in Other Assets -102.571 1.313 Net (Increase) Decrease in Funds Collected From Banks -194.262-228.426 Net Increase (Decrease) in Other Funds Collected 2.366.652-98.324 Net Increase (Decrease) in Funds Borrowed -532.044-383.057 Net Increase (Decrease) in Matured Payables Net Increase (Decrease) Other Liabilities -1.163.361 1.010.431 Net Cash Provided From Banking Operations -1.444.829-1.017.869 CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES Net cash flows from (used in) investing activities -282.259-163.821 Cash Paid for Purchase of Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) Cash Obtained from Sale of Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) 0-750 Tangible And Intangible Asset Purchases -5.861-9.962 Cash Obtained from Tangible and Intangible Asset Sales 1.926 1.757 Cash Paid for Purchase of Financial Assets Available for Sale -1.396.285-856.409 Cash Obtained from Sale of Financial Assets Available for Sale Cash Paid for Purchase of Investment Securities Held to Maturity Cash Obtained from Sale of Investment Securities Held to Maturity 1.138.614 720.086 Other -20.653-18.543 CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES Net cash flows from (used in) financing activities 315.803-31.063 Cash Obtained from Loans and Securities Issued 890.275 462.474 Cash Outflow Arised From Loans and Securities Issued -570.000-493.500 Equity Instruments Issued Dividends paid -4.291 0 Payments of finance lease liabilities -181-37 Other Effect of Change in Foreign Exchange Rate on Cash and Cash Equivalents (V-4) -11.284 37.339 Net Increase (Decrease) in Cash and Cash Equivalents -1.422.569-1.175.414 Cash and Cash Equivalents at Beginning of the Period (V-1) 4.898.436 4.777.114 Cash and Cash Equivalents at End of the Period (V-1) 3.475.867 3.601.700
Statement of Changes in Equity Presentation Currency Nature of Financial Statements 1.000 TL Consolidated Footnote Reference Issued Capital Issued Capital Inflation Adjustment Difference Share Premium Share Cancellation Profit Legal Statutory Reserves Reserves Extraordinary Reserves Other Reserves Current Period 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 Interests Non-controlling Interests Total Equity Statement of Changes in Equity Statement of Changes in Equity Previous Period 01.01.2016-31.03.2016 Equity at beginning of period 2.527.322 0 24.208 0 100.287 0 241.553 146.00 423.742 5.394-32.633 0 3.435.873 12.258 3.448.131 Adjustments Related to TMS 8 Effect Of Corrections Effect Of Changes In Accounting Policy Adjusted Beginning Balance 2.527.322 0 24.208 0 100.287 0 241.553 146.00 423.742 5.394-32.633 0 3.435.873 12.258 3.448.131 CHANGES IN THE PERIOD Increase/Decrease due to Mergers Marketable Securities Value Increase Funds 2.03 0 2.03 2.030 Hedge Reserves (Effective Portion) 0-2.645 0 3.257 0 612 0 612 Cash Flow Hedges 0 612 0 612 0 612 Net Foreign Investment Hedges 0-2.645 0 2.645 Tangible Assets Revaluation Reserve Intangible Assets Revaluation Reserve Bonus Shares Obtained from Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) Translation Differences 0-1.032 0-1.032 0-1.032 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 (II k) Cash Increase Capital Increase Through Internal Reserves (II k) Share Issuance Premium Share Cancellation Profit Issued Capital Inflation Adjustment Difference Other Profit (loss) for the Period 112.906 112.906-165 112.741 Profit Distributions Dividends Paid (V-b) Transfers To Reserves Other Equity at end of period (II 11) 2.527.322 0 24.208 0 100.287 0 241.553 142.323 112.906 423.742 7.424-29.376 0 3.550.389 12.093 3.562.482 Statement of Changes in Equity Statement of Changes in Equity Current Period 01.01.2017-31.03.2017 Equity at beginning of period 2.787.322 0 24.208 0 122.861 0 351.950 253.201 550.402-35.28 0-70.836 0 3.983.828 19.993 4.003.821 Adjustments Related to TMS 8 Effect Of Corrections Effect Of Changes In Accounting Policy Adjusted Beginning Balance 2.787.322 0 24.208 0 122.861 0 351.950 253.201 550.402-35.28 0-70.836 0 3.983.828 19.993 4.003.821 CHANGES IN THE PERIOD Increase/Decrease due to Mergers Marketable Securities Value Increase Funds 23.039 23.039 0 23.039 Hedge Reserves (Effective Portion) 0 13.068 0-12.24 828 0 828 Cash Flow Hedges 0 828 0 828 0 828 Net Foreign Investment Hedges 0 13.068 0-13.068 Tangible Assets Revaluation Reserve Intangible Assets Revaluation Reserve 0-136.532 0 136.532 Bonus Shares Obtained from Associates, Subsidiaries and Jointly Controlled Entities (Joint Ventures) Translation Differences 0-1.789 0-1.789 0-1.789 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 310.0-51.667 0-258.333 Cash Increase Capital Increase Through Internal Reserves 310.0-51.667 0-258.333 Share Issuance Premium Share Cancellation Profit Issued Capital Inflation Adjustment Difference Other Profit (loss) for the Period 160.826 160.826 885 161.711 Profit Distributions 27.528 0 336.679 51.667 0-420.165 0-4.291 0-4.291
Dividends Paid 0-4.291 0-4.291 0-4.291 Transfers To Reserves 27.528 0 336.679 51.667 0-415.874 Other Equity at end of period (II 11) 3.097.322 0 24.208 0 150.389 0 688.629 127.948 160.826 8.436-12.241-83.076 0 4.162.442 20.878 4.183.319