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219
Convenience Translation of Publicly Announced Consolidated Fınancial
Statements Originally Issued in Turkish, See Note I of Section Three
Arap Türk Bankası A.Ş.
Notes to Consolidated Financial
Statements at 31 December 2014
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
General Information
Corporate Management
Financial Information
Exposed currency risk
The possible increases or decreases in the shareholders’ equity and the profit/loss as per an assumption of devaluation/appreciation
by 10% of TL against currencies mentioned below as of 31 December 2014 and 31 December 2013 are presented in the below table.
The other variables, especially the interest rates, are assumed to be fixed in this analysis.
Assuming 10% devaluation of TL;
Current Period
Prior Period
Income
Statement
Shareholders’
Equity
(*)
Income
Statement
Shareholders’
Equity
(*)
Euro
104
104
21
21
US Dollar
(54)
(54)
(266)
(266)
Other Currencies
(47)
(47)
(19)
(19)
Total
3
3
(264)
(264)
(*)
The effect on shareholders’ equity also includes the effect on the profit/loss.
Assuming 10% appreciation of TL;
Current Period
Prior Period
Income
Statement
Shareholders’
Equity
(*)
Income
Statement
Shareholders’
Equity
(*)
Euro
(104)
(104)
(21)
(21)
US Dollar
54
54
266
266
Other Currencies
47
47
19
19
Total
(3)
(3)
264
264
(*)
The effect on shareholders’ equity also includes the effect on the profit/loss.