Page 156 - A&T BANK ANNUAL REPORT 2012

GENERAL INFORMATION
CORPORATE MANAGEMENT
FINANCIAL INFORMATION
ARAP TÜRK BANKASI ANONİM ŞİRKETİ
CONSOLIDATED FINANCIAL REPORT
AS OF 31 DECEMBER 2012
(Currency: Thousands of Turkish Lira (“TL”) unless otherwise stated)
Convenience Translation of Consolidated Financial
Report Originally Issued in Turkish
See Note on I. in Section Three
VI. Differences between the communiqué on preparation of consolidated financial statements of banks and Turkish
Accounting Standards and short explanation about the institutions subject to full or proportional consolidation and
institutions which are deducted from equity or not included in these three methods
The Parent Bank’s subsidiary Arap Türk Finansal Kiralama Anonim Şirketi is included in the scope of full consolidation method.
A&T Finansal Kiralama A.Ş, has been established with the permission of T.C. Treasury and Foreign Trade Secretariats with the
law numbered 3226, for leasing purpose both in Turkey and foreign countries and started operations with the announcement
of its “Principal Agreement” in Turkey Trade Registry Gazette in 4 July 1997. Arap Turk Bankası A.Ş. has 99% of its shares and
is the main shareholder of the Company. The leasing transactions of the Company include contraction equipments, machines
and carriers and immovable.
Due to differences between the Communiqué on Preparation of Consolidated Financial Statements of Banks and Turkish
Account Standards, there is no available subsidiary or associate different consolidation method applied.
There are not any investment amount on banks and financial institutions, with shareholding of more than 10% and deducted
from capital.
VII. The existing or potential, actual or legal obstacles on the transfer of shareholder’s equity between the Parent
Bank and its subsidiaries or the reimbursement of liabilities
Immediately transfer of the shareholder’s equity between the Parent Bank and its subsidiary is not available. Dividend
distribution from shareholders equity is done according to related regulations.
There are no existing or potential, actual or legal obstacle to the reimbursement of liabilities between the Parent Bank and its
subsidiary. The Parent Bank charge or pay cost of the services according to the service agreements done between the Parent
Bank and its subsidiary.