Summary Financial Information (Annual)

Türkiye Finans demonstrated stronger growth than the sector and reflected also its successful performance in 2013 to its financial results.

As of and for the period ended 31.12.2013 (TL thousand)

 

2013

2012

Change %

Assets

25,126,629

17,616,504

42.63

Cash and Banks

4,790,457

3,315,196

44.50

Securities

1,413,025

665,115

112.45

Loans

17,447,961

12,763,400

36.70

Receivables from Leases

841,649

304,369

176.52

Fixed Assets (Net)

248,838

215,498

15.47

Other Assets

384,699

352,926

9.00

 

 

 

 

Liabilities

25,126,629

17,616,504

42.63

Funds Collected

15,141,718

11,429,536

32.48

-Special Current Accounts

3,440,407

2,527,809

36.10

-Participation Accounts

11,701,311

8,901,727

31.45

Loans Received

5,166,009

2,503,943

106.31

Shareholders’ Equity

2,522,381

2,125,162

18.69

Paid-up Capital

1,775,000

1,650,000

7.58

Other Liabilities

2,296,521

1,557,863

47.41

 

 

 

 

Non-Cash Loans

8,904,139

7,108,697

25.26

 

 

 

 

Income and Expense Accounts

 

 

 

Profit Share Income

1,566,233

1,410,356

11.05

Profit Share Expenses

-692,150

-618,245

11.95

Net Profit Share Income

874,083

792,111

10.35

Net Fee and Commission Income

128,272

108,231

18.52

Other Non-Profit Income

179,911

148,508

21.15

Non-Profit Share Expenses

-769,754

-687,024

12.04

Profit Before Tax

412,512

361,826

14.01

Provision for Taxes

-83,235

-78,253

6.37

Net Period Profit

329,277

283,573

16.12

 

 

 

 

Key Ratios (%)

 

 

 

Capital Adequacy Ratio

12.81

14.76

 

Return on Equity (Annual)

14.17

15.17

 

Loans / Total Assets

72.79

74.18

 

Current Accounts / Funds Collected

22.72

22.12

 

Non-Performing Loans (Gross) / Loans

2.41

2.74

 

 

 

 

 

Other

 

 

 

Total Number of Branches

250

220

13.64

Total Number of Personnel

3,990

3,595

10.99

43%
The total assets of Türkiye Finans rose by 43% YoY in 2013, exceeding TL 25 billion.

32%
The total size of funds collected by the Bank surged by 32% to reach TL 15 billion.

40%
The total volume of loans, including financial leasing transactions supplied to customers increased by 40% YoY in 2013 and reached TL 18 billion.