Basic HTML Version
157
ARAP TÜRK BANKASI A.Ş.
NOTES TO UNCONSOLIDATED FINANCIAL
STATEMENTS AT 31 DECEMBER 2013
( Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated. )
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL
STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I OF SECTION THREE
4
GENERAL INFORMATION
50
CORPORATE MANAGEMENT
67
FINANCIAL INFORMATION
A&T BANK 2013 ANNUAL REPORT
The Bank may not finance the acquisition of its own shares whether directly or indirectly.
Arabian shareholders are treated under the same legislation with Turkish citizens. This includes the transfer of distributed other
revenues, guarantees, shares, dividends. And in a similar manner Arabian shareholders are benefited and protected by law No.6224,
Foreign Capital Incentive Law.
Information on marketable securities value increase fund
The Bank does not have marketable securities value increase fund.
Information on legal reserve
As decided in the annual general meeting which is held on 29 June 2013, in the current period, amount of TL 2,916 have been
transferred to legal reserves from profits of previous years according to 519th amendment of Turkish Commercial Code no 6102. (31
December 2012: TL 2,373).
Information on minority shares
None.
III. INFORMATION AND DISCLOSURES RELATED TO OFF-BALANCE SHEETS
1. Information on contingent liabilities in the off-balance sheets
Type and amount of irrevocable commitments
The Bank has TL 5,637 (31 December 2012: TL 5,779) as irrevocable commitments.
Type and amount of possible losses from off-balance sheet items
As of 31 December 2013, the Bank has allocated the provision amounting TL 5,379 over total non-cash loans (31 December 2012:
TL 3,627).
Guarantees, bills of exchange and acceptances and other letters of credit which can be counted as financial collateral
The total amount of non-cash loans including guarantees, bills of exchange and acceptances and sureties on letters of credits and
other guarantees is TL 591,973 (31 December 2012: TL 325,191).
Final guarantees, temporary guarantees, commitments and similar transactions
The total amount of the Bank’s guarantee letters is TL 1,789,502 (31 December 2012: TL 1,247,340).
2. Total amount of Non-cash loans
Current Period
Prior Period
Non-Cash Loans granted for Cash Loan Assurance
97,324
26,341
Less Than or Equal to One Year with Original Maturity
-
315
More Than One Year with Original Maturity
97,324
26,026
Other Non-Cash Loans
2,284,151
1,546,190
Total
2,381,475
1,572,531