286
İŞBANK
ANNUAL REPORT 2012
Financial Highlights and Key Ratios for the Five-Year Period
UNCONSOLIDATED
ASSETS (TL thousand)
2008/12
2009/12
2010/12
2011/12
2012/12
Cash and Equivalents
593,329
884,514
1,253,650
1,231,464
1,756,595
Banks and Receivables from Interbank Money Markets
(1)
18,031,640
16,308,023
10,454,093
14,802,918
15,634,097
Securities (Net)
24,981,018
39,289,717
45,436,557
42,778,027
38,054,734
Loans
(2)
47,610,332
48,334,786
64,231,678
91,620,638
106,715,770
Associates and Subsidiaries (Net)
3,095,507
5,031,079
6,264,039
6,275,017
7,699,954
Fixed Assets (Net)
1,952,820
1,922,019
1,918,459
1,983,314
1,998,785
Other Assets
1,287,276
1,453,166
2,238,018
2,977,126
3,584,515
Total Assets
97,551,922
113,223,304
131,796,494
161,668,504
175,444,450
LIABILITIES (TL thousand)
2008/12
2009/12
2010/12
2011/12
2012/12
Deposits
63,539,185
72,177,063
88,260,157
98,313,134
105,383,434
Funds Borrowed and Interbank Money Market Placements
(3)
18,039,793
20,727,737
18,201,332
34,390,699
32,435,220
Provisions
3,099,532
3,493,802
3,631,589
4,204,926
5,380,105
Other Liabilities
3,424,401
3,331,174
4,689,612
6,838,381
9,526,646
Shareholders’ Equity
9,449,011
13,493,528
17,013,804
17,921,364
22,719,045
Total Liabilities
97,551,922
113,223,304
131,796,494
161,668,504
175,444,450
INCOME STATEMENT
(4)
(TL thousand)
2008/12
2009/12
2010/12
2011/12
2012/12
Interest Income
10,596,147
10,200,437
9,797,839
10,898,384
13,390,415
Interest Expenses
6,977,852
5,332,949
5,215,964
6,336,584
7,462,498
Net Interest Income
3,618,295
4,867,488
4,581,875
4,561,800
5,927,917
Net Trading Income
472,650
408,373
134,630
306,073
590,390
Net Fees and Commissions Income
1,204,214
1,252,604
1,236,425
1,428,583
1,706,227
Dividend Income
284,846
325,037
369,210
555,702
417,703
Other Operating Income
651,536
1,073,275
1,569,284
1,311,114
1,172,144
Total Operating Income
6,231,541
7,926,777
7,891,424
8,163,272
9,814,381
Operating Expenses
2,819,538
2,694,687
3,203,123
3,481,199
4,484,306
NET OPERATING PROFIT/LOSS
3,412,003
5,232,090
4,688,301
4,682,073
5,330,075
Provision for Losses on Loans and Other Receivables
1,613,989
2,286,474
1,135,449
1,383,793
1,209,122
PROFIT/(LOSS) BEFORE TAXES
1,798,014
2,945,616
3,552,852
3,298,280
4,120,953
Provision for Taxes
288,606
573,209
570,642
630,793
810,646
NET PERIOD PROFIT /(LOSS)
1,509,408
2,372,407
2,982,210
2,667,487
3,310,307
KEY RATIOS (%)
2008/12
2009/12
2010/12
2011/12
2012/12
Interest Earning Assets
(5)
/ Total Assets
92.8
91.7
91.1
92.2
91.4
Interest Earning Assets
(5)
/ Interest Bearing Liabilities
111.0
111.8
112.8
112.4
116.4
Securities / Total Assets
25.6
34.7
34.5
26.5
21.7
Loans / Total Assets
48.8
42.7
48.7
56.7
60.8
Loans / Deposits
74.9
67.0
72.8
93.2
101.3
Retail Loans / Total Loans
30.6
31.2
30.6
27.8
28.6
NPL Ratio
4.4
5.4
3.6
2.1
1.9
Coverage Ratio
100.0
100.0
100.0
100.0
78.9
Demand Deposits / Total Deposits
13.8
15.6
16.4
18.9
19.9
Shareholders’ Equity / Total Liabilities
9.7
11.9
12.9
11.1
12.9
Capital Adequacy Standard Ratio
15.2
18.3
17.5
14.1
16.3
Return on Average Assets
(6)
1.7
2.3
2.4
1.8
2.0
Return on Average Equity
(6)
15.6
21.0
19.9
15.2
16.5
Cost / Income
45.2
34.0
40.6
42.6
45.7
OTHER INFORMATION (TL thousand)
2008/12
2009/12
2010/12
2011/12
2012/12
Regulatory Capital
10,638,323
13,963,036
16,995,505
18,631,132
24,739,690
Core Capital
10,804,828
12,932,571
15,178,349
17,182,647
19,765,885
Free Capital
(7)
5,551,154
8,972,745
11,711,967
12,117,791
16,099,351
Demand Deposits
8,787,962
11,258,761
14,468,760
18,626,781
20,946,735
(1)
Includes Deposits at the Central Bank and Reserve Requirements
(2)
Excludes Receivables under Follow-up
(3)
Includes TRY, FC bond issuances and subordinated debts
(4)
Fees and Commissions Received from Cash Loans are shown under Interest Income; Fees and Commissions Paid to Cash Loans are shown under Interest Expense.
(5)
Interest Earning Assets include TRY and FC reserves at Central Bank, which are currently paid 0% interest.
(6)
Averages are calculated over quarter figures.
(7)
Free Equity = Shareholders’ Equity - (Fixed Assets+Non-Financial Associates and Subsidiaries+Receivables Under Follow-Up-Specific Provisions)
1...,278,279,280,281,282,283,284,285,286,287 289,290,291,292,293,294,295,296,297,298,...300