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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
Information on the profit or loss affect of a change in an estimation related to financial statements and future period affect of the
change in this estimation
There is no change in accounting estimation related to consolidated financial statements.
Profit/loss regarding minority rights
There is no profit/loss regarding minority rights in the accompanying consolidated financial statements since the Parent Bank owns
99.98% of the consolidated subsidiary.
12. Information on 20% of other accounts in income statement, if other accounts exceed 10% of total income
statement.
Other accounts which exceed the 10% of the income statement ,other than other operating income and other operating expense,
amounting to TL 21,372 (31 December 2012: TL 26,838) consist of transfer commissions, letter of credit commissions and other.
Current Period
Transfer Commissions
2,942
Letter of Credit Commissions
16,637
Other
1,793
Total
21,372
V. INFORMATION AND DISCLOSURES RELATED TO STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY
1. Changes due to revaluation of financial assets available-for-sale
None.
2. Confirmation on exchange rate differences between beginning and ending
None.
3. Increases due to cash flow hedges
None.
4. Information on dividend
Dividend amounts declared subsequent to the balance sheet date but before the issuance of the consolidated financial statement
None.
Net profit per share proposed to be distributed after the balance sheet date
None.
5. Amounts transferred to reserves
In the current period, amount of TL 2,976 have been transferred to legal reserves.
6. Information on issuance of common stock
Rights, priorities and restrictions for all classes of capital shares, including dividend distribution and recall of capital
None.