2017 Annual Report
Summary Financial Information

(‘TL thousand)

31 December 2017

31 December 2016

Change (%)

Assets

39,080,897

38,807,717

0.7

Cash and Banks

6,391,637

6,230,623

2.6

Securities

4,399,876

4,063,820

8.3

Loans

25,337,819

25,599,230

(1.0)

Receivables from Leases

1,145,634

1,417,512

(19.2)

Fixed Assets (Net)

885,420

741,309

19.4

Other Assets

920,511

755,223

21.9

Liabilities

39,080,897

38,807,717

0.7

Funds Collected

22,030,496

21,064,781

4.6

 - Special Current Accounts*

6,905,715

5,773,877

19.6

 - Participation Accounts*

15,124,781

15,290,904

(1.1)

Loans Received

9,683,679

10,256,573

(5.6)

Subordinated Loans

960,338

890,500

7.8

Shareholders’ Equity

4,060,598

3,663,014

10.9

-Paid-Up Capital

2,600,000

2,600,000

0.0

Other Liabilities

2,345,786

2,932,849

(20.0)

 

 

 

 

Non-Cash Loans

9,765,774

12,361,123

(21.0)

 

 

 

 

Income and Expense Accounts

01/01/2017 - 31/12/2017

  01/01/2016 - 31/12/2016

 

Profit Share Income

2,902,629

2,981,301

(2.6)

Profit Share Expenses

(1,451,193)

(1,471,762)

(1.4)

Net Profit Share Income

1,451,436

1,509,539

(3.8)

Net Fee and Commission Income

135,781

143,012

(5.1)

Other Non-Profit Income

326,838

413,083

(20.9)

Non-Profit Share Expenses

(1,456,413)

(1,696,559)

(14.2)

Profit Before Tax

457,642

369,075

24.0

Provision For Taxes

(82,282)

(72,832)

13.0

Net Period Profit

375,360

296,243

26.7

Key Ratios

31/12/2017

31/12/2016

 

Capital Adequacy Ratio

18.22%

15.58%

 

Return on Equity (Annual)

9.72%

8.44%

 

Loans / Total Assets**

67.77%

69.62%

 

Current Accounts / Funds Collected

31.35%

27.41%

 

Non-Performing Loans (Gross) / Loans

5.15%

5.00%

 

Other

31/12/2017

31/12/2016

 

Total Number of Branches

287

286

 

Total Number of Personnel

3,767

3,989

 

 

0.7%The total assets of Türkiye Finans’s reached TL 39 billion at the end of 2017.

10.9%Shareholders’ equity increased by 10.9% YoY in 2017 to TL 4 billion.

26.7%Net profit increased by 26.7% YoY to TL 375 million in 2017.

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