FINANCIAL INFORMATION AND RISK MANAGEMENT
TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Unconsolidated Financial Statements for the Year Ended
31 December 2012
ANNUAL REPORT 2012
According to the decision numbered 11-55/1438 dated 2 November 2011 of the Competition Board, investigation on some enterprises in
banking sector, including 12 banks and 2 financial services institutions, including the parent bank, allegedly violating the fourth substance
of Law numbered 4054 is continuing. As determined by Bank’s management all activities subject to investigation is in conformity with the
legislation, therefore, provided no provision as of 31 December 2012.
The Bank made payments (contribution) to “Türkiye İş Bankası A.Ş. Mensupları Munzam Sosyal Güvenlik ve Yardımlaşma Sandığı Vakfı “ which
is founded according to Turkish Commercial Law and Civil Law. The Bank made contribution for related legislation to fulfill its obligations to
the Foundation. In relation to the contributions made by the Bank Tax Audit Committee was conducted an inspection by their inspectors.
As a result of this review, the amount of the liability, at the time of payment, for the members of the foundation worker has an interest in
the nature of fee thus it comes to income tax withholding, penalty of payments / penalty to be stamp duty on the cut right on account of an
investigation report was prepared for the periods of 2007 and 2008. According to this report, to the Bank, penalize income tax / stamp duty
performed assessments in regarding to the mentioned period at the date 14.02.2013 the total 73.7 million income tax penalty notification
was notified. The evaluation of the subject that the Bank’s implementation is compliance with the legislation, there is no legal basis for the
tax administration’s suspended assessments, therefore, there is no provision need not considered and The Bank has used the legal rights of
that assessment. Therefore, the Bank provided no provision as of 31 December 2012.
Information related to transactions made on behalf of or on the account of others:
It is explained in Note XIV under Section Four.
IV. DISCLOSURES AND FOOTNOTES ON INCOME STATEMENT
a. Interest Income
Information on interest income on loans:
Interest Income on Loans
Medium and Long-term Loans
Interest on Non-performing Loans
Premiums Received from State Resource Utilization
Includes fee and commission income on cash loans.
Information on interest income on banks:
The Central Bank of Turkey
Foreign Head Offices and Branches
Information on interest income from securities:
Financial Assets Held for Trading
Financial Assets at Fair Value through Profit and Loss
Financial Assets Available for Sale
Held to Maturity Investments
Total of TL 1,326,850 of interest income from related investments stems from inflation-indexed government bonds (31 December 2011: TL 1,382,684).