INTRODUCTION
ACTIVITIES
CORPORATE GOVERNANCE
FINANCIAL INFORMATION AND RISK MANAGEMENT
TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Consolidated Financial Statements for the Year Ended
31 December 2012
279
İŞBANK
ANNUAL REPORT 2012
g. Other operating expenses:
Current Period
Prior Period
Personnel Expenses
2,198,868
2,155,047
Reserve for Employee Termination Benefits
117,127
38,038
Bank Pension Fund Deficit Provisions
445,976
24,311
Impairment Losses on Tangible Assets
288
Depreciation Expenses of Tangible Assets
222,005
217,779
Impairment Losses on Intangible Assets
Impairment Losses on Goodwill
Amortization Expenses of Intangible Assets
77,146
53,468
Impairment Losses on Investments Accounted Under Equity Method
Impairment Losses on Assets to be Disposed
1,803
1,197
Depreciation Expenses of Assets to be Disposed
9,209
7,622
Impairment Losses on Assets Held for Sale and Subject to Discontinued
Operations
Other Operating Expenses
1,407,119
1,286,879
Operational Lease Related Expenses
166,896
149,377
Repair and Maintenance Expenses
31,955
28,471
Advertisement Expenses
(1)
178,635
182,027
Other Expenses
(1)
1,029,633
927,004
Loss on Sale of Assets
4,554
2,073
Other
(2)
3,299,278
2,829,381
Total
7,783,373
6,615,795
(1)
Expense amount of the group’s donation, contributions and social responsibility projects is TL 31,074 in the current period.
(2)
A portion of the net profit for the period is distributed as a dividend to employees taking into consideration, provision for the dividend to be distributed to employees in accordance with “IAS
19-Employee Benefits” and also includes the provision related to period for possible wage increase taking into account of renewing collective bargaining agreement, which is ended in the current
period, have not yet been completed
.
On the table above, TL 2,481,949 of other operating expense includes insurance and reinsurance companies’ expenses which are related
with their operations. The paid claims comprise almost the total of this amount in the current period, too.
In prior period, TL 2,304,799 of other operating expense included insurance and reinsurance companies’ expenses and 13% of that amount
consists of technical provisions and 87% of that amount is compensation paid expenses.
h. Information on profit/loss before taxes including profit/loss from continuing and discontinued operations
The Group’s profit before tax is generated from its continuing operations. The profit before tax consists of net interest income of
TL 6,842,265, net fee and commission income of TL 1,258,319 and the other operation expenses amount to TL 7,783,373.
i. Information on Provision for taxes including taxes from continuing and discontinued operations
As of 31 December 2012 the amount of the Group’s tax provision is TL 958,912 and the amount consists of current tax expense that is
amounting to TL 1,263,465 and consists of deferred tax income amounting TL 304,533.
j. Information on net operating profit/loss after taxes including net profit/loss from continuing and discontinued operations:
The Group’s net profit generated from its continuing operations amounts to TL 3,714,734.
k. Information on net period profit/loss:
k.1.
Income and expense resulting from ordinary banking activities: There is no specific issue required to be disclosed for the Group’s
performance for the period between 01.01.2012 – 31.12.2012.
k.2.
Effects of changes in accounting estimates on the current and future periods’ profit/loss: There is no issue to be disclosed
k.3.
‘Other’’ itemwhich is included in “received fees and commissions” in the income statement consist of various fees and commissions
received from transactions such as credit card transactions, capital market transactions and insurance-reinsurance transactions.
k.4.
Other items do not exceed 10% of the total amount of the income statement.
1...,271,272,273,274,275,276,277,278,279,280 282,283,284,285,286,287,288,289,290,291,...300