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FINANCIAL INFORMATION
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I OF SECTION THREE
ARAP TÜRK BANKASI ANONİM ŞİRKETİ
NOTES TO UNCONSOLIDATED FINANCIAL STATEMENTS
AT 31 DECEMBER 2015
(AMOUNTS EXPRESSED IN THOUSANDS OF TURKISH LIRA (“TL”) UNLESS OTHERWISE STATED. )
The Bank may not finance the acquisition of its own shares whether directly or indirectly.
Arabian shareholders are treated under the same legislation with Turkish citizens.
This includes the free transfer of distributed other revenues, guarantees, shares, dividends. And in a similar manner
Arabian shareholders are benefited and protected by law No.6224, Foreign Capital Incentive Law.
Information on marketable securities value increase fund
The Bank does not have marketable securities value increase fund.
Information on legal reserve
As decided in the 37th Annual General Meeting which is held on 26 March 2015, in the current period, amount of
TL 3,526 have been transferred to legal reserves from profits of previous years according to 519th amendment of Turkish
Commercial Code no 6102. (31 December 2014: TL 2,533).
Information on minority shares
None.
III. INFORMATION AND DISCLOSURES RELATED TO OFF-BALANCE SHEETS
1. Information on contingent liabilities in the off-balance sheets
Type and amount of irrevocable commitments
The Bank has TL 51,358 (31 December 2014: TL 79,418) as irrevocable commitments.
Type and amount of possible losses from off-balance sheet items
As of the balance sheet date, the Bank has allocated the provision amounting TL 6,356 over total non-cash loans (31
December 2014: TL 6,227).
Guarantees, bills of exchange and acceptances and other letters of credit which can be counted as financial collateral
The total amount of non-cash loans including guarantees, bills of exchange and acceptances and sureties on letters of
credits and other guarantees is TL 487,547(31 December 2014: TL 558,697).
Final guarantees, temporary guarantees, commitments and similar transactions
The total amount of the Bank’s guarantee letters is TL 1,874,863(31 December 2014: TL 1,695,666).