GENERAL INFORMATION
CORPORATE MANAGEMENT
FINANCIAL INFORMATION
Profitability
In 2012, net interest income registered year-on-year growth
of 42.8% (TL 26.8 million), while net fees and commissions
decreased by 13.6% (TL 6.1 million). A&T Bank increased
its total operating income by 15.3% (TL 17.3 million) to TL
130.8 million, despite 21.3% growth (TL 9.3 million) in other
operating expenses.
Based on these results, the increase rate in net profit was
22.1% and the Bank closed the current period with net profit
of TL 58.7 million.
INCOME STATEMENT (THOUSAND TL)
2011
2012 Change (Amount)
Change (%)
Interest Income
84,087
118,925
34,838
41.4
Interest Expense (-)
21,410
29,407
7,997
37.4
Net Interest Income
62,677
89,518
26,841
42.8
Net Fees and Commission Income
44,711
38,612
-6,099
-13.6
Dividend Income
2,565
2,061
-504
-19.6
Net Trading Income / Expense
2,029
-2,716
-4,745
-
Other Operating Income
1,481
3,319
1,838
124.1
Total Operating Income
113,463
130,794
17,331
15.3
Provision for Loan Losses and Other Receivables (-)
8,751
4,926
-3,825
-43.7
Other Operating Expenses (-)
43,407
52,660
9,253
21.3
Net Operating Income / Loss
61,305
73,208
11,903
19.4
Provision for Taxes on Income from Continuing Operations (-)
13,210
14,508
1,298
9.8
NET PROFIT
48,095
58,700
10,605
22.1
The return on assets and return on equity, at 2.12% and
15.72% as of year-end 2011, increased to 2.46% and 16.58%,
respectively, as of year-end 2012.
PROFITABILITY RATIOS (%)
2010
2011
2012
Return on Assets
2.49
2.12
2.46
Return on Equity
8.39
15.72
16.58
Thanks to its strong capital structure and ability to tap
external sources of funding, A&T Bank experienced no
difficulty in borrowing in 2012. Moreover, its capital adequacy
standard ratio is above the legal minimum by virtue of the
Bank’s effective risk management implementation. Thus, the
Bank is able to meet its liabilities due to sufficient liquidity.
ASSESSMENT OF FINANCIAL STRENGTH,
PROFITABILITY AND DEBT REPAYMENT
CAPACITY
1,2,3,4,5,6,7,8,9 11,12,13,14,15,16,17,18,19,20,...240