247 / 272
247
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
14. Information on intangible assets
31 December 2014 31 December 2013
Balance at the End of the Prior Period
Cost
8,425
6,589
Accumulated Depreciation (-)
5,555
4,534
Net Book Value
2,870
2,055
Balance at the End of the Current Period
Net Book Value at the Beginning of the Current Period
8,425
6,589
Additions
1,544
1,836
Disposals (-)
-
-
Impairment(-)
-
-
Cost at the Beginning of the current period
9,969
8,425
Accumulated Depreciation (-)
5,555
-
Amortization and amortization expense of disposals(-)
1,235
1,021
Impairment Depreciation(-)
-
-
Accumulated Amortization at end of the current period
(6,790)
(5,555)
Net Book Value at end of the current period
3,179
2,870
15. Information on investment property
The Group does not have any investment property.
16. Information on tax assets
As of 31 December 2014, there is no tax receivable under current tax asset after the deduction of tax liability
(31 December 2013: None).
The Group has calculated TL 3,292 deferred tax asset and TL 1,191 deferred tax liability over taxable temporary differences as of
31 December 2014 and recorded the net amount of asset and liability to the financial statement (31 December 2013: TL 4,189
deferred tax asset and TL 491 deferred tax liability).