Basic HTML Version
239
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
9. Information on jointly ventures of the Parent Bank
The Parent Bank does not have joint ventures.
10. Information on Financial Lease Receivables (Net)
Maturity analysis of financial lease receivables
Current Period
Prior Period
Gross
Net
Gross
Net
Less than 1 year
82,613
72,057
51,037
44,016
Between 1-4 years
119,473
105,298
63,686
56,119
Over 4 years
-
-
-
-
Total
202,086
177,355
114,723
100,135
Information on net financial lease investments
Current Period
Prior Period
Gross Financial Lease Investment
202,086
114,723
Earned Financial Lease Income (-)
24,731
14,588
Cancelled Leasing Amounts
-
-
Net Investment on Leases
177,355
100,135
There is a provision amounting to TL 1,053 for doubtful financial lease receivables in net financial lease investment.
The movement of doubtful receivables is as follows
Current Period
Prior Period
Opening Balance
769
830
Provisions
284
-
Collections
-
61
Ending Balance
1,053
769
11. Information on financial derivatives for hedging
The Group does not have any financial derivatives for hedging .