2014 Annual Report
Summary Financial Information

33.3%

Türkiye Finans’ total assets increased by 33.3% when compared to 2013 to reach TL 33.5 billion.

(TL thousand)

2014

2013

Change (%)

Assets

33,494,790

25,126,629

33.30

Cash and Banks

5,729,230

4,790,457

19.60

Securities

2,544,554

1,413,025

80.08

Loans

23,056.422

17,447,961

32.14

Receivables from Leases

1,235.541

841,649

46.80

Fixed Assets (Net)

466,741

248,838

87.57

Other Assets

462,302

384,699

20.17

 

 

 

 

Liabilities

33,494,790

25,126,629

33.30

Funds Collected

19,112,760

15,141,718

26.23

-Special Current Accounts

4,297,645

3,440,407

24.92

-Participation Accounts

14,815,115

11,701,311

26.61

Loans Received

8,569,415

5,166,009

65.88

Shareholders’ Equity

3,153,847

2,522,381

25.03

Paid-up Capital

2,600,000

1,775,000

46.48

Other Liabilities

2,658,768

2,296,521

15.77

 

 

 

 

Non-Cash Loans

10,648,417

8,904,139

19.59

 

 

 

 

Income and Expense Accounts

 

 

 

Profit Share Income

2,169.968

1,566,233

38.55

Profit Share Expenses

-1,072,136

-692,150

54.90

Net Profit Share Income

1,097,832

874,083

25.60

Net Fee and Commission Income

148,598

128,272

15.85

Other Non-Profit Income

196,858

179,911

9.42

Non-Profit Share Expenses

-1,018,003

-769,754

32.25

Profit Before Tax

425,285

412,512

 

Provision for Taxes

-91,057

-83,235

 

Net Period Profit

334,228

329,277

 

 

 

 

 

Key Ratios (%)

 

 

 

Capital Adequacy Ratio

12.47

12.81

 

Return on Equity (Annual)

11.78

14.17

 

Loans / Total Assets

72.52

72.79

 

Current Accounts / Funds Collected

22.49

22.72

 

Non-Performing Loans (Gross) / Loans

2.46

2.41

 

 

 

 

 

Other

 

 

 

Total Number of Branches

280

250

12.00

Total Number of Personnel

4,478

3,990

12.23

 

26.2%

Funds collected grew by 26.2% to TL 19.1 billion.

32.8%

The total volume of loans, including financial leasing, extended to customers increased by 32.8% YoY in 2014 to reach TL 24.3 billion.