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247
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
Movement of employee termination benefits are as follows:
Current Period
Prior Period
Balances at Beginning of period
5,228
3,776
Provision booked in current period
814
1,940
Provision paid in current period (-)
1,376
488
Balances at End of the Period
4,666
5,228
The unused vacation provision amount as at 31 December 2013 is TL 4,069 (31 December 2012: TL 2,911).
Information on other provisions
The provisions for probable risks are below:
Current Period
Prior Period
The provisions for probable risks
-
5,000
The free provisions amounting to TL 5,000 thousands as of 31 December 2012 have been cancelled and recognised as an income.
8. Information on tax payables
Information on corporate tax liability
As of 31 December 2013, corporate tax payable after deducting the prepaid tax is TL 3,773 (31 December 2012: TL 911)
Information on tax payables
Current Period
Prior Period
Corporate Tax
3,773
911
Banking Insurance Transaction Tax (BITT)
858
344
Taxation of Securities
232
663
Value added taxes payable
64
48
Corporate tax payable-limited
7
-
Foreign Exchange Legislation Tax
-
-
Property tax
15
14
Other
882
759
Total
5,831
2,739
Information on premiums
Current Period
Prior Period
Social Security Premiums – Employee
212
185
Social Security Premiums – Employer
306
259
Bank Social Aid Pension Fund Premium – Employee
-
-
Bank Social Aid Pension Fund Premium – Employer
-
-
Pension Fund Membership Fees and Provisions – Employee
-
-
Pension Fund Membership Fees and Provisions – Employer
-
-
Unemployment Insurance – Employee share
15
13
Unemployment Insurance – Employer share
30
26
Other
-
-
Total
563
483