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ARAP TÜRK BANKASI A.Ş.
NOTES TO CONSOLIDATED FINANCIAL
STATEMENTS AT 31 DECEMBER 2013
( Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated. )
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED 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
These preferential (pre-emptive) rights may only be assigned by approval of the Board of Directors upon the favourable vote of 80%
of the members, present or represented.
New shares may not be issued at a price less than the nominal value of the original shares issued.
Fractional shares shall be allocated by the Board of Directors.
The Parent Bank may not, the acquisition of its own shares whether directly of indirecty
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 Parent Bank does not have marketable securities value increase fund.
Information on legal reserve
In the current period there is TL 2,976 transferred to legal reserves from retained earnings. (31 December 2012: TL 2,504).
Information on mirority 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 Group has TL 15,480 (31 December 2012: TL 6,132) as irrevocable commitments.
Type and amount of possible losses from off-balance sheet items
As of 31 December 2013, the Group 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 Group’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