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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 CONSOLIDATED FINANCIAL STATEMENTS
AT 31 DECEMBER 2015
(AMOUNTS EXPRESSED IN THOUSANDS OF TURKISH LIRA (“TL”) UNLESS OTHERWISE STATED. )
Every shareholder shall have the preferential (pre-emptive) right to subscribe for a proportion of new shares
corresponding to the number of shares held by him and such right may be exercised within a period of thirty days from
the date of receipt by each shareholder of an invitation to the shareholders to that effect. Such invitation shall be made
by registered mail to the address contained in the share register.
These preferential (pre-emptive) rights may only be assigned by approval of the Board of Directors upon the favorable
vote of 80% of the members, present or represented.
New shares may not be issued at a price less than the nominal value of the original shares issued.
Fractional shares shall be allocated by the Board of Directors.
The Parent 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 Parent Bank does not have marketable securities value increase fund.
Information on legal reserve
In the current period there is TL 3,823 transferred to legal reserves from retained earnings (31 December 2014: TL 2,729).
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 Group has TL 54,779 (31 December 2014: TL 88,909) as irrevocable commitments.
Type and amount of possible losses from off-balance sheet items
As of 31 December 2015, the Group 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 Group’s guarantee letters is TL 1,874,863 (31 December 2014: TL 1,695,666).