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245

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

Subsidiaries sold in the current year

None.

Subsidiaries acquired in the current year

None.

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

97,843

84,690

82,613

72,057

Between 1-4 years

150,372

133,253

119,473

105,298

Over 4 years

-

-

-

-

Total

248,215

217,943

202,086

177,355

Information on net financial lease investments

Current Period

Prior Period

Gross Financial Lease Investment

248,215

202,086

Earned Financial Lease Income (-)

30,272

24,731

Cancelled Leasing Amounts

-

-

Net Investment on Leases

217,943

177,355

There is a provision amounting to TL 833 for doubtful financial lease receivables in net financial lease investment.

The movement of doubtful receivables is as follows:

Current Period

Prior Period

Opening Balance

1,053

769

Provisions

5

284

Collections

225

-

Ending Balance

833

1,053

11. Information on financial derivatives for hedging

The Group does not have any financial derivatives for hedging.

12. Information on investment property

The Group does not have any investment property.