Yapı ve Kredi Bankası A.Ş.
Assets
(USD Million)
Dec. 2010 % Dec. 2009 %
TC FC Total Distr. TC FC Total Distr.
Cash and Balances with the Central Bank 1,664 2,176 3,839 7.0 1,200 1,473 2,673 6.2
Fin.ass.where fair value cha. is refl.to I/S (Net) 506 68 574 1.0 447 114 561 1.3
Financial assets held for trading 506 68 574 1.0 447 114 561 1.3
Public sector debt securities 104 40 144 0.3 79 74 153 0.4
Securities representing a share in capital 0 0 0 0.0 0 0 0 0.0
Derivative financial assets held for trading 402 28 430 0.8 368 40 408 0.9
Other marketable securities 0 0 0 0.0 0 0 0 0.0
Fin.assets clas. as fair value change is refl.to I/S 0 0 0 0.0 0 0 0 0.0
Public sector debt securities 0 0 0 0.0 0 0 0 0.0
Securities representing a share in capital 0 0 0 0.0 0 0 0 0.0
Loans 0 0 0 0.0 0 0 0 0.0
Other marketable securities 0 0 0 0.0 0 0 0 0.0
Banks 45 647 692 1.3 275 834 1,109 2.6
Money Market Securities 617 0 617 1.1 1,029 0 1,029 2.4
Interbank money market placements 0 0 0 0.0 1,009 0 1,009 2.3
Istanbul Stock Exc. money market placements 0 0 0 0.0 20 0 20 0.0
Receiv. from reverse repurchase agreements 617 0 617 1.1 0 0 0 0.0
Financial Assets Available for Sale (Net) 2,657 551 3,208 5.8 383 467 850 2.0
Securities representing a share in capital 2 0 2 0.0 4 1 5 0.0
Public sector debt securities 1,969 352 2,321 4.2 350 438 788 1.8
Other marketable securities 687 199 885 1.6 30 27 57 0.1
Loans 22,486 11,733 34,219 62.1 16,624 8,830 25,454 58.6
Loans 22,230 11,712 33,942 61.6 16,358 8,826 25,183 58.0
Loans granted to the Banks risk group 470 185 655 1.2 314 101 415 1.0
Public sector debt securities 0 0 0 0.0 0 0 0 0.0
Other 21,760 11,528 33,287 60.4 16,044 8,725 24,768 57.1
Loans under follow-up 1,149 61 1,210 2.2 1,728 7 1,735 4.0
Specific provisions (-) 892 41 933 1.7 1,461 3 1,465 3.4
Factoring Receivables 0 0 0 0.0 0 0 0 0.0
Investments held to Maturity (Net) 3,411 4,738 8,149 14.8 3,928 4,151 8,078 18.6
Public sector debt securities 3,411 4,738 8,149 14.8 3,928 4,151 8,078 18.6
Other marketable securities 0 0 0 0.0 0 0 0 0.0
Investments and Associates (Net) 3 28 31 0.1 3 29 32 0.1
Accounted with equity method 0 0 0 0.0 0 0 0 0.0
Non-consolidated investments and associates 3 28 31 0.1 3 29 32 0.1
Financial investments and associates 3 28 31 0.1 3 29 32 0.1
Non-financial investments and associates 0 0 0 0.0 0 0 0 0.0
Subsidiaries (Net) 906 258 1,164 2.1 953 262 1,215 2.8
Financial subsidiaries 904 258 1,163 2.1 951 262 1,213 2.8
Non-financial subsidiaries 1 0 1 0.0 2 0 2 0.0
Joint Ventures (Business Partners) (Net) 16 0 16 0.0 0 0 0 0.0
Accounted with equity method 0 0 0 0.0 0 0 0 0.0
Non-consolidated joint ventures 16 0 16 0.0 0 0 0 0.0
Financial joint ventures 16 0 16 0.0 0 0 0 0.0
Non-financial joint ventures 0 0 0 0.0 0 0 0 0.0
Recivables From Leasing Transactions 0 0 0 0.0 0 0 0 0.0
Finance lease receivables 0 0 0 0.0 0 0 0 0.0
Operational leasing receivables 0 0 0 0.0 0 0 0 0.0
Others 0 0 0 0.0 0 0 0 0.0
Unearned income (-) 0 0 0 0.0 0 0 0 0.0
Derivative Financial Assets Held for Hedging 22 2 25 0.0 86 1 86 0.2
Fair value hedges 22 0 22 0.0 86 1 86 0.2
Cash flow hedges 0 2 2 0.0 0 0 0 0.0
Hedges for invest. made in foreign countries 0 0 0 0.0 0 0 0 0.0
Property and Equipment (Net) 719 0 719 1.3 730 0 730 1.7
Intangible Assets (Net) 800 0 800 1.5 797 0 797 1.8
Goodwill 637 0 637 1.2 659 0 659 1.5
Other 163 0 163 0.3 139 0 139 0.3
Real Estates for Investment Purpose (Net) 0 0 0 0.0 0 0 0 0.0
Assets for Tax 140 0 140 0.3 142 0 142 0.3
Current assets for tax 0 0 0 0.0 0 0 0 0.0
Deferred assets for tax 140 0 140 0.3 142 0 142 0.3
Prop.&Equ.for Sale p. and from Term.Op.(Net) 52 0 52 0.1 58 0 58 0.1
Other Assets 356 534 890 1.6 288 304 592 1.4
Total Assets 34,400 20,735 55,135 100.0 26,945 16,463 43,408 100.0
Yapı ve Kredi Bankası A.Ş. December 2010
Liabilities
(USD Million)
Dec. 2010 % Dec. 2009 %
TC FC Total Distr. TC FC Total Distr.
Deposits 21,036 13,254 34,290 62.2 15,463 11,991 27,455 63.2
Deposits held by the Banks risk group 2,664 1,791 4,455 8.1 1,251 1,679 2,930 6.8
Other 18,372 11,463 29,835 54.1 14,213 10,312 24,525 56.5
Derivative Finan. Liabilities Held for Trading 189 28 217 0.4 149 30 180 0.4
Funds Borrowed 629 4,816 5,445 9.9 509 3,060 3,569 8.2
Money Market Takings 29 1,896 1,925 3.5 44 579 623 1.4
Interbank money market takings 0 0 0 0.0 0 0 0 0.0
Istanbul Stock Exc. money market takings 0 0 0 0.0 0 0 0 0.0
Funds provided under repurchase agreements 29 1,896 1,925 3.5 44 579 623 1.4
Marketable Securities Issued (Net) 0 0 0 0.0 0 0 0 0.0
Bills 0 0 0 0.0 0 0 0 0.0
Asset backed securities 0 0 0 0.0 0 0 0 0.0
Bonds 0 0 0 0.0 0 0 0 0.0
Funds 0 0 0 0.0 0 0 0 0.0
Borrower funds 0 0 0 0.0 0 0 0 0.0
Others 0 0 0 0.0 0 0 0 0.0
Miscellaneous Payables 2,121 440 2,562 4.6 1,773 238 2,012 4.6
Other External Resources 455 204 659 1.2 337 252 589 1.4
Factoring Payables 0 0 0 0.0 0 0 0 0.0
Leasing Transactions Payables (Net) 0 10 10 0.0 0 4 4 0.0
Finance leasing payables 0 11 11 0.0 0 4 4 0.0
Operations leasing payables 0 0 0 0.0 0 0 0 0.0
Others 0 0 0 0.0 0 0 0 0.0
Deferred finance leasing expenses (-) 0 0 0 0.0 0 0 0 0.0
Derivative Finan. Liabilities Held for Hedging 229 66 295 0.5 240 0 240 0.6
Fair value hedges 204 0 204 0.4 240 0 240 0.6
Cash flow hedges 25 66 91 0.2 0 0 0 0.0
Hedges for invest. made in foreign countries 0 0 0 0.0 0 0 0 0.0
Provisions 1,238 244 1,483 2.7 1,306 263 1,569 3.6
General provisions 339 194 533 1.0 372 228 600 1.4
Restructuring reserves 0 0 0 0.0 0 0 0 0.0
Reserves for employee benefit 105 0 105 0.2 101 0 101 0.2
Insurance technical reserves (Net) 0 0 0 0.0 0 0 0 0.0
Other provisions 794 50 844 1.5 833 35 869 2.0
Liabilities for Tax 166 0 166 0.3 113 0 113 0.3
Current liabilities for tax 166 0 166 0.3 113 0 113 0.3
Deferred liabilities for tax 0 0 0 0.0 0 0 0 0.0
Lia.for Pro.&Equ.for Sale p. and from Term.Op.(Net) 0 0 0 0.0 0 0 0 0.0
Subordinated Loans 0 1,372 1,372 2.5 0 1,495 1,495 3.4
Shareholders' Equity 6,716 -5 6,710 12.2 5,500 59 5,559 12.8
Paid-in capital 2,827 0 2,827 5.1 2,923 0 2,923 6.7
Supplementary capital 466 -5 460 0.8 412 59 470 1.1
Share premium 354 0 354 0.6 366 0 366 0.8
Share cancellation profits 0 0 0 0.0 0 0 0 0.0
Valuation changes in marketable securities 66 55 120 0.2 4 59 63 0.1
Revaluation changes of property and equip. 0 0 0 0.0 0 0 0 0.0
Revaluation changes of intangible assets 0 0 0 0.0 0 0 0 0.0
Revaluation changes of real est.for inv. pur. 0 0 0 0.0 0 0 0 0.0
Free shares from inv.&ass.,subs.& joint vent. 0 0 0 0.0 0 0 0 0.0
Hedging funds (active part) -6 -60 -66 -0.1 0 0 0 0.0
Val.inc.in pro.& equ.held for sale p.and term.ope. 0 0 0 0.0 0 0 0 0.0
Other capital reserves 53 0 53 0.1 42 0 42 0.1
Profit reserves 2,083 0 2,083 3.8 1,255 0 1,255 2.9
Legal reserves 107 0 107 0.2 65 0 65 0.1
Status reserves 0 0 0 0.0 0 0 0 0.0
Extraordinary reserves 1,976 0 1,976 3.6 1,190 0 1,190 2.7
Other profit reserves 0 0 0 0.0 0 0 0 0.0
Profit or loss 1,340 0 1,340 2.4 911 0 911 2.1
Prior years income/loss 0 0 0 0.0 0 0 0 0.0
Current year income/loss 1,340 0 1,340 2.4 911 0 911 2.1
Total Liabilities 32,809 22,327 55,135 100.0 25,435 17,973 43,408 100.0
Yapı ve Kredi Bankası A.Ş.
Off Balance Sheet Commitments
(USD Million)
Dec. 2010 Dec. 2009
TC FC Total TC FC Total
Guarantees and Warranties 5,072 7,587 12,658 4,185 6,671 10,856
Letters of guarantee 5,060 4,573 9,633 4,182 4,561 8,743
Bank acceptances 0 108 108 0 102 102
Letters of credit 8 2,533 2,541 1 1,741 1,742
Prefinancing given as guarantee 0 1 1 0 1 1
Endorsements 0 0 0 0 0 0
Other guarantees and warrantees 4 372 375 2 265 267
Commitments 12,881 1,789 14,670 11,035 2,014 13,049
Irrevocable commitments 12,598 1,789 14,387 11,035 2,014 13,049
Revocable commitments 283 0 283 0 0 0
Derivative Financial Instruments 12,462 25,756 38,218 7,314 18,013 25,327
Derivative finan. instruments held for hedging 2,242 6,112 8,353 1,316 1,353 2,669
Trading transactions 10,221 19,644 29,865 5,999 16,660 22,659
Custody and Pledged Securities 65,014 13,189 78,204 47,476 11,742 59,218
Items held in Custody 38,236 2,398 40,634 29,020 2,294 31,314
Pledged Items 26,212 10,406 36,618 17,888 9,041 26,928
Acccepted independent guaran. and warran. 566 386 952 568 408 976
Total Off Balance Sheet Commitments 95,429 48,321 143,750 70,010 38,440 108,450
Income-Expenditure
(USD Million)
Dec. 2010 Dec. 2009
Interest Income 3,786 4,515
Interest on loans 2,957 3,482
Interest received from reserve deposits 38 77
Interest received from banks 18 18
Interest received from money market transactions 29 58
Interest received from marketable securities portfolio 744 880
Other interest income 1 1
Interest Expenses 1,705 2,176
Interest on deposits 1,481 1,880
Interest on money market transactions 189 257
Interest on funds borrowed 28 38
Interest on securities issued 0 0
Other interest expenses 7 1
Net Interest Income/Expenses 2,081 2,339
Net Fees and Commissions Income/Expenses 1,038 966
Fees and commissions received 1,204 1,138
Fees and commissions paid 166 172
Dividend Income 101 96
Trading Profit/Loss (net) -43 229
Profit/loss on trading account securities 47 92
Profit/losses on derivative financial transactions -349 202
Foreign exchange profit/loss 258 -65
Other Operating Income 785 131
Total Operating Income/Expenses 3,962 3,760
Provision for Loan Losses or other Receivables (-) 704 1,052
Specific provisions of banks loans and other receivables* 630 852
General provision expenses* 47 160
Other Operating Expenses (-) 1,618 1,555
Personnel Expenses* 644 593
Net Operating Profit/Loss 1,639 1,152
Surplus written as gain after merger 0 0
Profit/losses from equity method applied subsidiaries 0 0
Net monetory position gain/loss 0 0
Profit/Loss Before Taxes from Continuing Operations 1,639 1,152
Provisions for Taxes on Income from Continuing Operations (±) -299 -241
Net Profit/Loss from Continuing Operations 1,340 911
Net Profit/Loss Before Taxes from Terminated Operations 0 0
Provisions for Taxes on Income from Terminated Operations (±) 0 0
Net Profit/Loss from Terminated Operations 0 0
Net Profit/Losses 1,340 911
* Used from information and disclosures related to income statement".
Yapı ve Kredi Bankası A.Ş. December 2010
Ratios
(%)
Dec. 2010 Dec. 2009
Capital Ratios
Shareholders’ Equity / (Amount subject to credit + market + operational risk) 16.1 17.8
Shareholders' Equity / Total Assets 12.2 12.8
(Shareholders' Equity - Permanent Assets) / Total Assets 6.6 5.7
Net On Balance Sheet Position / Total Shareholders' Equity 0.3 -2.6
Net On and Off Balance Sheet Position / Total Shareholders' Equity -3.0 2.7
Balance-Sheet Ratios
TC Assets / Total Assets 62.4 62.1
TC Liabilities / Total Liabilities 59.5 58.6
FC Assets / FC Liabilities 92.9 91.6
TC Deposits / Total Deposits 61.3 56.3
TC Loans / Total Loans and Receivables 65.7 65.3
Total Deposits / Total Assets 62.2 63.2
Funds Borrowed / Total Assets 9.9 8.2
Assets Quality
Financial Assets (net) / Total Assets 21.7 22.1
Total Loans and Receivables / Total Assets 62.1 58.6
Total Loans and Receivables / Total Deposits 99.8 92.7
Loans Under Follow-up (gross) / Total Loans and Receivables 3.5 6.8
Loans Under Follow-up (net) / Total Loans and Receivables 0.8 1.1
Specific Provisions / Loans Under Follow-up 77.1 84.4
Permanent Assets / Total Assets 5.5 7.1
Consumer Loans / Total Loans and Receivables 33.9 37.5
Liquidity
Liquid Assets / Total Assets 16.2 14.3
Liquid Assets / Short-term Liabilities 26.3 23.4
TC Liquid Assets / Total Assets 10.0 7.7
Profitability
Net Profit/Losses / Total Assets 2.4 2.1
Net Profit/Losses / Total Shareholders' Equity 20.0 16.4
Profit/Losses Before Taxes after Continuing Operations / Total Assets 3.0 2.7
Income-Expenditure Structure
Net Interest Income After Specific Provisions / Total Assets 2.6 3.4
Net Interest Income After Specific Provisions / Total Operating Income (Expenses) 36.6 39.5
Non-interest Income (net) / Total Assets 3.4 3.3
Other Operating Expenses / Total Assets 2.9 3.6
Personnel Expenses / Other Operating Expenses 39.8 38.1
Non-interest Income (net) / Other Operating Expenses 116.2 91.4
Quarterly profitability and income-expenditure ratios, except year-end figures, should be considered periodically.