Turkiye Gdr Rgs Regulatory News (TIBD)

3 Nov 2006 07:00

Turkiye Is Bankasi02 November 2006 TURKIYE IS BANKASI A.S. - 3RD QUARTER RESULTS ASSETS CURRENT PERIOD PREVIOUS PERIOD (TRY THOUSAND) ( 30/09/2006) ( 31/12/2005) TL FC Total TL FC TotalI. CASH AND BALANCES WITH THE 1,795,830 748,010 2,543,840 3,560,364 1,398,610 4,958,974CENTRAL BANK OF TURKEY1.1.Cash 221,660 0 221,660 193,653 0 193,6531.2.Foreign currency 0 112,787 112,787 0 99,211 99,2111.3.Balances with the Central 1,574,170 634,284 2,208,454 3,366,711 1,298,986 4,665,697Bank of Turkey1.4.Others 0 939 939 0 413 413II. TRADING SECURITIES (Net) 217,012 78,689 295,701 827,594 155,053 982,6472.1.Public sector debt securities 213,797 67,915 281,712 824,564 147,961 972,5252.1.1.Government bonds 199,883 67,915 267,798 373,485 147,961 521,4462.1.2.Treasury bills 13,914 0 13,914 451,079 0 451,0792.1.3.Other public sector debt 0 0 0 0 0 0securities2.2. Share certificates 80 0 80 153 0 1532.3.Other marketable securities 3,135 10,774 13,909 2,877 7,092 9,969III. BANKS AND OTHER FINANCIAL 108,278 5,210,491 5,318,769 45,959 3,988,488 4,034,447INSTITUTIONS3.1.Due from banks 108,278 5,210,491 5,318,769 45,959 3,988,488 4,034,4473.1.1.Domestic banks 14,448 62,027 76,475 6 0 63.1.2.Foreign banks 93,830 5,148,464 5,242,294 45,953 3,988,488 4,034,4413.1.3.Foreign head office and 0 0 0 0 0 0branches3.2.Other financial institutions 0 0 0 0 0 0IV. MONEY MARKET SECURITIES 0 0 0 1,776,500 0 1,776,5004.1.Interbank money market 0 0 0 1,200,000 0 1,200,000placements4.2.Istanbul Stock Exchange money 0 0 0 0 0 0market placements4.3.Receivables from reverse 0 0 0 576,500 0 576,500repurchase agreementsV. INVESTMENT SECURITIES 12,504,607 11,027,131 23,531,738 10,275,173 9,998,661 20,273,834AVAILABLE FOR SALE (Net)5.1.Share certificates 13,683 0 13,683 13,683 0 13,6835.2.Other marketable securities 12,490,924 11,027,131 23,518,055 10,261,490 9,998,661 20,260,151VI. LOANS 20,633,406 7,315,243 27,948,649 15,729,149 5,020,706 20,749,8556.1.Short term 7,901,977 2,167,441 10,069,418 6,541,787 1,778,823 8,320,6106.2.Medium and long term 12,731,429 5,147,802 17,879,231 9,187,362 3,241,883 12,429,2456.3.Loans under follow-up 1,100,659 2,944 1,103,603 1,051,488 1,947 1,053,4356.4.Specific provisions (-) 1,100,659 2,944 1,103,603 1,051,488 1,947 1,053,435VII. FACTORING RECEIVABLES 0 0 0 0 0 0VIII. INVESTMENT SECURITIES HELD 0 0 0 316,541 0 316,541TO MATURITY (Net)8.1.Public sector debt securities 0 0 0 316,541 0 316,5418.1.1.Government bonds 0 0 0 316,541 0 316,5418.1.2.Treasury bills 0 0 0 0 0 08.1.3.Other public sector debt 0 0 0 0 0 0securities8.2.Other marketable securities 0 0 0 0 0 0IX. INVESTMENTS AND ASSOCIATES 785,626 0 785,626 825,888 0 825,888(Net)9.1.Financial investments and 48,895 0 48,895 48,895 0 48,895associates9.2.Non-Financial investments and 736,731 0 736,731 776,993 0 776,993associatesX. SUBSIDIARIES (Net) 3,761,793 46,525 3,808,318 3,847,469 83,037 3,930,50610.1.Financial subsidiaries 1,783,377 46,525 1,829,902 1,836,960 83,037 1,919,99710.2.Non-Financial subsidiaries 1,978,416 0 1,978,416 2,010,509 0 2,010,509XI. OTHER INVESTMENTS (Net) 0 0 0 0 0 0XII. FINANCE LEASE RECEIVABLES 0 0 0 0 0 0(Net)12.1.Gross finance lease 0 0 0 0 0 0receivables12.2.Unearned income ( - ) 0 0 0 0 0 0XIII. RESERVE DEPOSITS 0 1,689,372 1,689,372 0 1,282,828 1,282,828XIV. MISCELLANEOUS RECEIVABLES 66,282 39,658 105,940 54,964 164,248 219,212XV. ACCRUED INTEREST AND INCOME 1,649,026 345,036 1,994,062 1,765,716 232,278 1,997,994RECEIVABLE15.1.Loans 1,199,516 140,860 1,340,376 1,056,557 52,190 1,108,74715.2.Marketable securities 372,141 160,098 532,239 648,101 145,354 793,45515.3.Other 77,369 44,078 121,447 61,058 34,734 95,792XVI. PROPERTY AND EQUIPMENT (Net) 1,770,379 306 1,770,685 1,758,632 3,472 1,762,10416.1.Book value 4,636,004 905 4,636,909 4,639,531 6,350 4,645,88116.2.Accumulated Depreciation ( - )2,865,625 599 2,866,224 2,880,899 2,878 2,883,777XVII. INTANGIBLE ASSETS (Net) 17,118 3,529 20,647 1 0 117.1.Goodwill 0 0 0 0 0 017.2.Other 43,586 6,003 49,589 2 0 217.3.Accumulated Amortisation ( - ) 26,468 2,474 28,942 1 0 1XVIII. DEFERRED TAX ASSETS 80,970 0 80,970 0 0 0XIX. OTHER ASSETS 204,359 63,433 267,792 535,648 65,489 601,137TOTAL ASSETS 43,594,686 26,567,423 70,162,109 41,319,598 22,392,870 63,712,468 LIABILITIES CURRENT PERIOD PREVIOUS PERIOD (TRY THOUSAND) ( 30/09/2006) ( 31/12/2005) TL FC Total TL FC TotalI. DEPOSITS 26,316,200 17,365,808 43,682,008 22,055,305 15,344,674 37,399,9791.1.Bank deposits 734,604 894,086 1,628,690 1,122,409 1,339,172 2,461,5811.2.Saving deposits 13,212,334 0 13,212,334 9,945,308 0 9,945,3081.3.Public sector deposits 350,382 0 350,382 82,444 0 82,4441.4.Commercial deposits 8,401,113 0 8,401,113 6,961,131 0 6,961,1311.5.Other institutions deposits 3,617,767 0 3,617,767 3,944,013 0 3,944,0131.6.Foreign currency deposits 0 16,463,629 16,463,629 0 14,005,502 14,005,5021.7.Precious metals vault accounts 0 8,093 8,093 0 0 0II. INTERBANK MONEY MARKET 1,036,786 1,851,631 2,888,417 4,174,931 1,494,660 5,669,5912.1.Interbank money market takings 0 0 0 0 0 02.2.Istanbul Stock Exchange money 0 0 0 0 0 0market takings2.3.Funds provided under repurchase 1,036,786 1,851,631 2,888,417 4,174,931 1,494,660 5,669,591agreementsIII. FUNDS BORROWED 1,924,560 9,537,693 11,462,253 1,632,452 6,553,016 8,185,4683.1.Funds borrowed from the Central 0 0 0 0 0 0Bank of Turkey3.2.Other funds borrowed 1,924,560 9,537,693 11,462,253 1,632,452 6,553,016 8,185,4683.2.1.Domestic banks and 138,290 63,413 201,703 89,742 42,550 132,292institutions3.2.2.Foreign banks, institutions 1,786,270 9,474,280 11,260,550 1,542,710 6,510,466 8,053,176and fundsIV. MARKETABLE SECURITIES ISSUED 0 0 0 0 0 0(Net)4.1.Bills 0 0 0 0 0 04.2.Asset backed securities 0 0 0 0 0 04.3.Bonds 0 0 0 0 0 0V. FUNDS 0 0 0 0 0 0VI. MISCELLANEOUS PAYABLES 308,880 27,996 336,876 295,283 84,086 379,369VII. OTHER EXTERNAL RESOURCES 112,444 172,809 285,253 55,642 207,845 263,487VIII. TAXES AND OTHER DUTIES 84,269 176 84,445 63,809 129 63,938PAYABLEIX. FACTORING PAYABLES 0 0 0 0 0 0X. FINANCE LEASING PAYABLES (Net) 0 79,329 79,329 0 55,877 55,87710.1.Finance Leasing Payables 0 88,293 88,293 0 60,820 60,82010.2.Deferred finance leasing 0 8,964 8,964 0 4,943 4,943expenses ( - )XI. ACCRUED INTEREST AND EXPENSES 490,020 210,697 700,717 382,488 138,509 520,997PAYABLE11.1.Deposits 352,915 52,707 405,622 273,733 36,144 309,87711.2.Borrowings 112,900 59,447 172,347 87,695 31,186 118,88111.3.Repurchase agreements 996 34,014 35,010 4,205 19,399 23,60411.4.Other 23,209 64,529 87,738 16,855 51,780 68,635XII. PROVISIONS 1,050,909 114,787 1,165,696 1,374,621 111,745 1,486,36612.1.General provisions 188,492 512 189,004 148,827 436 149,26312.2.Reserve for employee 31,151 0 31,151 30,593 0 30,593termination benefits12.3.Provisions for income taxes 165,251 0 165,251 743,425 0 743,42512.4.Insurance technical reserves 0 0 0 0 0 0(Net)12.5.Other provisions 666,015 114,275 780,290 451,776 111,309 563,085XIII. SUBORDINATED LOANS 0 0 0 0 0 0XIV. DEFERRED TAX LIABILITIES 0 0 0 10,053 0 10,053XV. SHAREHOLDERS' EQUITY 9,407,534 69,581 9,477,115 9,383,782 293,561 9,677,34315.1.Paid-in capital 2,756,585 0 2,756,585 1,968,942 0 1,968,94215.2.Capital Reserves 3,804,638 69,581 3,874,219 4,971,782 293,561 5,265,34315.2.1.Share premium 3,694 0 3,694 3,694 0 3,69415.2.2.Share cancellation profits 0 0 0 0 0 015.2.3.Marketable securities value 1,775,849 69,581 1,845,430 2,427,082 293,561 2,720,643increase fund15.2.4.Revaluation fund 2,116 0 2,116 70,391 0 70,39115.2.5.Value increase in 45,488 0 45,488 99,303 0 99,303revaluation fund15.2.6.Other capital reserves 1,977,491 0 1,977,491 2,371,312 0 2,371,31215.2.7.Difference arising from the 0 0 0 0 0 0restatement of paid-in capital15.3.Profit reserves 1,849,315 0 1,849,315 1,487,430 0 1,487,43015.3.1.Legal reserves 923,041 0 923,041 848,152 0 848,15215.3.2.Status reserves 0 0 0 0 0 015.3.3.Extraordinary reserves 921,953 0 921,953 638,866 0 638,86615.3.4.Other profit reserves 4,321 0 4,321 412 0 41215.4. Profit or loss 996,996 0 996,996 955,628 0 955,62815.4.1.Prior year income/loss 4,648 0 4,648 0 0 015.4.2.Current year income/loss 992,348 0 992,348 955,628 0 955,628TOTAL LIABILITIES 40,731,602 29,430,507 70,162,109 39,428,366 24,284,102 63,712,468 INCOME STATEMENT CURRENT PREVIOUS CURRENT PERIOD PREVIOUS PERIOD PERIOD PERIOD(TRY THOUSAND) ( 30/09/ (30.09.2005) (01.07.2006 (01.07.2005 2006) -30.09.2006) -30.09.2005)I. INTEREST INCOME 5,499,573 3,867,882 1,951,827 1,364,8071.1.Interest on loans 2,956,906 2,163,213 1,025,179 783,4741.1.1.Interest on TL loans 2,563,782 1,927,742 892,431 698,1901.1.1.1.Short term loans 1,082,489 1,062,651 378,019 370,2941.1.1.2.Medium and long term loans 1,481,293 865,091 514,412 327,8961.1.2.Interest on foreign currency loans 350,810 204,458 122,909 72,8381.1.2.1.Short term loans 98,477 78,355 35,389 26,1021.1.2.2.Medium and long term loans 252,333 126,103 87,520 46,7361.1.3.Interest on loans under follow-up 42,314 31,013 9,839 12,4461.1.4.Premiums received from Resource 0 0 0 0Utilisation Support Fund1.2.Interest received from reserve deposits 144,195 80,447 60,192 29,3571.3.Interest received from banks 83,991 30,087 35,832 16,0751.3.1.The Central Bank of Turkey 150 18 3 21.3.2.Domestic banks 5,724 4,279 1,635 1,5911.3.3.Foreign banks 78,117 25,790 34,194 14,4821.3.4.Branches and offices abroad 0 0 0 01.4.Interest received from money market 17,393 6,757 886 4,030transactions1.5.Interest received from marketable securities 2,214,766 1,503,468 795,843 497,873portfolio1.5.1.Trading securities 41,435 76,566 12,412 30,5231.5.2.Available-for-sale securities 2,145,192 1,408,605 783,431 458,6051.5.3.Held to maturity securities 28,139 18,297 0 8,7451.6.Other interest income 82,322 83,910 33,895 33,998II. INTEREST EXPENSE 3,542,823 1,955,420 1,367,685 749,1532.1.Interest on deposits 2,788,673 1,540,956 1,071,273 591,3462.1.1.Bank deposits 55,760 46,360 19,461 23,1212.1.2.Saving deposits 1,132,380 823,608 449,862 285,0262.1.3.Public sector deposits 19,043 4,939 9,974 2,5782.1.4.Commercial deposits 896,149 206,855 346,816 95,2662.1.5.Other institutions deposits 382,627 300,856 126,812 127,9262.1.6.Foreign currency deposits 302,714 158,338 118,348 57,4292.1.7.Precious metals vault accounts 0 0 0 02.2.Interest on money market transactions 245,400 213,117 106,839 67,5452.3.Interest on funds borrowed 496,728 186,776 186,629 82,6732.3.1.The Central Bank of Turkey 0 0 0 02.3.2.Domestic banks 12,582 13,523 4,923 4,0982.3.3.Foreign banks 484,146 173,253 181,706 78,5752.3.4.Foreign head office and branches 0 0 0 02.3.5.Other financial institutions 0 0 0 02.4.Interest on securities issued 0 0 0 02.5.Other interest expense 12,022 14,571 2,944 7,589III. NET INTEREST INCOME (I - II) 1,956,750 1,912,462 584,142 615,654IV. NET FEES AND COMMISSIONS INCOME 747,553 636,300 228,764 217,0474.1.Fees and commissions received 829,157 720,602 259,947 247,9594.1.1.Cash loans 71,030 43,329 20,803 14,8704.1.2.Non-cash loans 59,379 51,187 20,906 17,4794.1.3.Other 698,748 626,086 218,238 215,6104.2.Fees and commissions paid 81,604 84,302 31,183 30,9124.2.1.Cash loans 23,917 17,334 9,424 9,4904.2.2.Non-cash loans 4 6 1 14.2.3.Other 57,683 66,962 21,758 21,421 INCOME STATEMENT CURRENT PREVIOUS CURRENT PREVIOUS PERIOD PERIOD PERIOD PERIOD(TRY THOUSAND) ( 30/09/ (30.09.2005) (01.07.2006 (01.07.2005 2006) -30.09.2006) -30.09.2005)V. DIVIDEND INCOME 1,769 875 0 05.1.Trading securities 0 0 0 05.2.Available-for-sale securities 1,769 875 0 0VI. NET TRADING INCOME -30,268 244,454 68,842 41,1186.1.Profit/losses on trading account securities (Net) 146,376 185,331 -55,693 35,2976.1.1 Profit on trading account securities 445,175 314,286 21,852 90,7796.1.1.1 Profit on derivative financial instruments 163,933 59,287 2,065 27,8466.1.1.2 Other 281,242 254,999 19,787 62,9336.1.2. Losses on trading account securities (-) 298,799 128,955 77,545 55,4826.1.2.1 Losses on derivative financial instruments 218,460 100,214 60,217 49,0426.1.2.2 Other 80,339 28,741 17,328 6,4406.2.Foreign exchange gains/losses (Net) -176,644 59,123 124,535 5,8216.2.1 Foreign exchange gains 13,969,809 1,510,225 5,146,003 444,0746.2.2 Foreign exchange losses (-) 14,146,453 1,451,102 5,021,468 438,253VII. OTHER OPERATING INCOME 782,656 485,054 80,838 53,172VIII. TOTAL OPERATING INCOME (III+IV+V+VI+VII) 3,458,460 3,279,145 962,586 926,991IX. PROVISION FOR LOAN LOSSES OR OTHER RECEIVABLES (-) 968,776 912,583 197,726 140,524X. OTHER OPERATING EXPENSES (-) 1,328,119 1,220,372 450,657 420,045XI. NET OPERATING INCOME (VIII-IX-X) 1,161,565 1,146,190 314,203 366,422XII. PROFIT/LOSSES FROM ASSOCIATES AND SUBSIDIARIES 69,854 81,343 9,763 0XIII. NET MONETARY POSITION INCOME/EXPENSE 0 0 0 0XIV. INCOME BEFORE TAXES (XI+XII+XIII) 1,231,419 1,227,533 323,966 366,422XV. PROVISION FOR TAXES ON INCOME (-) 239,071 517,736 76,474 121,15715.1. Current Provision for Tax 165,251 549,506 157,682 164,85915.2. Deferred Provision for Tax 73,820 -31,770 -81,208 -43,702XVI. NET OPERATING INCOME/EXPENSE AFTER TAXES (XIV-XV) 992,348 709,797 247,492 245,265XVII. EXTRAORDINARY INCOME/EXPENSE AFTER TAXES 0 1 0 017.1.Extraordinary net income/expense before taxes 0 1 0 017.1.1.Extraordinary income 0 5 0 017.1.2.Extraordinary expense (-) 0 4 0 017.2.Provision for taxes on extraordinary income (-) 0 0 0 0XVIII. NET PERIOD PROFIT/LOSS (XVI+XVII) 992,348 709,798 247,492 245,265Profit / Loss Per Share (*) 0.000504 0.000360 0.000126 0.000077 CAPITAL ADEQUACY STANDARD RATIO The Bank's capital adequacy ratio is 21.14 %. This ratio is considerably abovethe 8% minimum level stipulated by the relevant legislation. The capital adequacy standard ratio is calculated by risk weighting ofrisk-weighted assets and non-cash loans in accordance with the relevantlegislation, and by adding to the risk-weighted assets the value subject to riskdetermined by use of the Standard Method. Information related to capital adequacy ratio: Risk Weights Bank Only 0% 20% 50% 100%Risk Weighted Assets, Liabilities andNon-Cash LoansBalance Sheet Items (Net) 5,647,494 5,105,692 12,358,539 19,260,914Cash 334,447 939 0 0Due from Banks 2,208,454 5,093,078 0 225,691Interbank Money Market Placements 0 0 0 0Receivables from Reverse Repo 0 0 0 0TransactionsReserve Deposits 1,689,372 0 0 0Special Finance Houses 0 0 0 0Loans 1,201,448 11,675 12,255,400 14,480,126Loans under Follow-Up (Net) 0 0 0 0Subsidiaries, Associates and Securities 0 0 0 2,715,147Available for SaleMiscellaneous Receivables 6 0 0 105,934Marketable Securities Held to Maturity 0 0 0 0(Net)Advances for Assets Acquired by Financial 0 0 0 0LeasingFinancial Lease Receivables 0 0 0 0Leased Assets (Net) 0 0 103,139 0Fixed Assets (Net) 0 0 0 1,667,546Other Assets 213,767 0 0 66,470Off Balance Sheet Items 118,140 2,907,369 8,509,996 1,169,842Guarantees and Pledges 39,309 2,814,474 977,661 138,759Commitments 1,086 0 7,216,710 0Other Off Balance Sheet Items 0 0 0 0Transactions Related with Derivative 0 72,842 0 2,407Financial InstrumentsInterest and Income Accruals 77,745 20,053 315,625 1,028,676Not Risk Weighted Accounts 0 0 0 0Total Risk Weighted Assets 5,765,634 8,013,061 20,868,535 20,430,756 Summary information about the bank only capital adequacy ratio: Bank Only Current Period Previous PeriodTotal Risk-Weighted Assets (RWA) (1) 32,467,636 26,955,361Amount Subject to Market Risk (ASMR) ((2)) 3,902,500 4,052,513Shareholders' Equity 7,690,319 7,754,594Shareholders' Equity /(RWA(1)+ASMR(2))*100 21.14 25.00 ((1)) RWA: Total Risk-Weighted Assets ((2)) ASMR: Amount Subject to Market Risk Information about the shareholders' equity items: Current Previous Period Period (30.09.2006) (31.12.2005)CORE CAPITALPaid-In Capital 2,756,585 1,968,942Nominal Capital 2,756,585 1,968,942Capital Commitments (-) 0 0Capital Reserves arising from Inflation Accounting 1,977,491 2,371,312Share Premium and Share Cancellation Profits 3,694 3,694Legal Reserves 923,041 848,152First Legal Reserve (Turkish Commercial Code 466/1) 878,927 831,145Second Legal Reserve (Turkish Commercial Code 466/2) 44,114 17,007Reserves Allocated due to Special Laws 0 0Statutory Reserves 0 0Other Profit Reserves 4,321 412Extraordinary Reserves 921,953 638,866Reserves Allocated by the General Assembly 921,953 638,866Retained Earnings 0 0Accumulated Loss 0 0Foreign Currency Share Capital Exchange Difference 0 0Profit 996,996 955,628Current Period Profit 992,348 955,628Prior Period Profit 4,648 0Loss (-) 0 0Current Period Loss 0 0Prior Period Loss 0 0Total Core Capital 7,584,081 6,787,006SUPPLEMENTARY CAPITALRevaluation Fund 2,116 70,391Furniture, Fixture and Vehicles 0 0Buildings 0 0Profit on Sale of Associates, Subsidiaries and Buildings to be Transferred to Share 2,116 70,391CapitalRevaluation Fund of Leasehold Improvement 0 0Increase in the Value of Revaluation Fund 45,488 99,303Foreign Exchange Differences 0 0General Reserves 189,004 149,263Provisions for Possible Losses 2,790 0Subordinated Loans 0 0Marketable Securities and Investment Securities Value Increase Fund 1,845,430 2,720,643Associates and Subsidiaries 2,165,484 2,215,487Investments Available for Sale -320,054 505,156Investments Held for Structural Transactions 0 0Total Supplementary Capital 2,084,828 3,039,600TIER III CAPITALCAPITAL 9,668,909 9,826,606DEDUCTIONS FROM THE CAPITAL 1,978,590 2,072,012Investments in Unconsolidated Financial Companies Whose Main Activities are Money 1,889,419 1,979,514and Capital Markets, and Insurance and that Operate with Licenses Provided inaccordance with Special LawsLeasehold Improvements 20,645 21,912Installation Costs 0 0Prepaid Expenses 68,526 70,586The Negative Difference Between the Market Values and the Carrying Amounts for 0 0Unconsolidated Investments, Subsidiaries, Other Investments, and Fixed AssetsSubordinated Loans given to Other Banks Which Operate in Turkey 0 0Goodwill (Net) 0 0Capitalized Expenses 0 0Total Shareholders' Equity 7,690,319 7,754,594 MARKET RISK: AmountCapital to be Employed for Interest Rate Risk - Standard Method 270,727 Capital to be Employed for General Market Risk 263,705 Capital to be Employed for Specific Risk 3,530 Capital to be Employed for Options Subject to Interest Rate Risk 3,492Capital to be Employed for Common Stock Position Risk - Standard Method 16,516 Capital to be Employed for General Market Risk 11,005 Capital to be Employed for Specific Risk 5,511 Capital to be Employed for Options Subject to Common Stock Position Risk 0Capital to be Employed for Currency Risk - Standard Method 24,957 Capital Liability 24,857 Capital to be Employed for Options Subject to Currency Risk 100Total Value-at-Risk (VAR) - Internal Model 0Total Capital to be Employed for Market Risk 312,200Amount Subject to Market Risk 3,902,500 Information on currency risk: EURO USD Yen Other FC TotalCurrent PeriodAssets Cash (Cash in Vault, Foreign 688,872 50,305 196 8,637 748,010Currency, Money in Transit, Cheques Purchased) and Balances with the Central Bank of Turkey Due from Banks and Other Financial 678,701 3,720,849 3,580 807,361 5,210,491Institutions Trading Securities 2,314 69,707 0 6,668 78,689 Interbank Placements 0 0 0 0 0 Investment Securities Available for 1,563,740 9,463,391 0 0 11,027,131Sale Loans (1) 2,314,189 5,784,783 1,484 51,384 8,151,840 Investments in Subsidiaries and 46,525 0 0 0 46,525Associates Investment Securities Held to 0 0 0 0 0Maturity Property and Equipment 0 93 0 213 306 Goodwill 0 0 0 0 0 Other Assets (1) 1,809,364 374,958 45 4,859 2,189,226Total Assets (2) 7,103,705 19,464,086 5,305 879,122 27,452,218Liabilities Banks Deposits 217,351 650,990 7 25,738 894,086 Foreign Currency Deposits (3) 6,160,542 9,445,341 7,988 857,851 16,471,722 Interbank Funds 610,480 1,241,151 0 0 1,851,631 Funds Provided from Other Financial 22,706 9,505,956 421 8,610 9,537,693Institutions Marketable Securities Issued 0 0 0 0 0 Miscellaneous Payables 1,700 25,006 23 1,267 27,996 Other Liabilities 125,929 345,610 1,866 16,042 489,447Total Liabilities (4) 7,138,708 21,214,054 10,305 909,508 29,272,575 Net On Balance Sheet Position -35,003 -1,749,968 -5,000 -30,386 -1,820,357Net Off Balance Sheet Position -64,515 1,539,916 0 31,046 1,506,447 Financial Derivative Assets (5) (8) 45,305 3,023,681 9,369 35,339 3,113,694 Financial Derivative Liabilities (6) (8) 109,820 1,483,765 9,369 4,293 1,607,247 Non-Cash Loans (7) 1,284,078 3,615,807 95,277 79,259 5,074,421 Previous Period Total Assets 7,219,414 16,030,443 2,435 205,355 23,457,647 Total Liabilities 8,067,321 15,139,923 12,483 745,127 23,964,854 Net On Balance Sheet Position -847,907 890,520 -10,048 -539,772 -507,207 Net Off Balance Sheet Position 1,024,958 -1,198,075 7,915 560,834 395,632 Non-Cash Loans 1,116,352 3,303,862 88,230 70,957 4,579,401 (1) Includes foreign currency indexed assets, which are followed under TRYaccounts. (2) TRY 695,583 of the asset amount of TRY 879,122 shown in the Other FCcolumn is in GBP and TRY 112,327 is in CHF. The remaining TRY 71,212 is in otherforeign currencies. (3) TRY 8,093 of TRY 857,851 shown in the Other FC column is composed ofGold Deposit account. (4) TRY 739,725 of the liability amount of TRY 909,508 shown in the OtherFC column is in GBP and TRY 102,055 is in CHF. The remaining TRY 67,728 is inother foreign currencies. (5) Total Derivative Receivables amount of TRY 35,339 shown in the Other FCcolumn is in GBP. (6) Total Derivative Payables amount of TRY 4,293 shown in the Other FCcolumn is in GBP. (7) TRY 28,892 of the Non-Cash Loans amount of TRY 79,259 shown in theOther FC column is in GBP, TRY 22,079 is in LYD, TRY 20,362 is in CHF. Theremaining TRY 7,926 is in other currencies. (8) The amounts include two days term foreign currency trading. Presentation of assets and liabilities according to their remaining maturities: Demand Up to 1 1-3 3-6 6-12 1 Year Not Total Month Classified Months Months Months and Longer (1)Current Period (30.09.2006)AssetsCash (Cash in Vault, Foreign 2,543,840 0 0 0 0 0 0 2,543,840Currency, Money in Transit,Cheques Purchased) andBalances with the Central Bankof TurkeyDue from Banks and Other 416,797 3,744,655 7,800 9,398 703,519 436,600 0 5,318,769Financial InstitutionsTrading Securities 1,644 656 4 72,764 102,463 118,170 0 295,701Interbank Placements 0 0 0 0 0 0 0 0Investment Securities 151,249 0 91,098 892,362 6,041,594 16,355,435 0 23,531,738Available for SaleLoans 0 3,991,414 1,802,733 1,551,028 4,797,124 15,806,350 0 27,948,649Investment Securities Held to 0 0 0 0 0 0 0 0MaturityOther Assets 1,767,557 311,540 199,821 195,541 551,209 832,144 6,665,600 10,523,412Total Assets 4,881,087 8,048,265 2,101,456 2,721,093 12,195,909 33,548,699 6,665,600 70,162,109 LiabilitiesBanks Deposits 123,362 1,304,197 197,702 469 2,960 0 0 1,628,690Other Deposits 7,885,371 21,938,132 9,622,863 1,286,783 1,232,642 87,527 0 42,053,318Funds Provided from Other 0 486,792 1,568,488 1,108,476 3,605,828 4,692,669 0 11,462,253Financial InstitutionsInterbank Funds 0 1,294,916 85 329,902 1,263,514 0 0 2,888,417Marketable Securities Issued 0 0 0 0 0 0 0 0Miscellaneous Payables 0 249,088 0 964 0 86,824 0 336,876Other Liabilities 4,939 753,217 171,285 71,395 80,471 68,437 10,642,811 11,792,555Total Liabilities 8,013,672 26,026,342 11,560,423 2,797,989 6,185,415 4,935,457 10,642,811 70,162,109 Net Liquidity Gap -3,132,585 -17,978,077 -9,458,967 -76,896 6,010,494 28,613,242 -3,977,211 0 Previous Period (31.12.2005) Total Assets 6,990,879 8,788,406 2,733,797 2,627,140 5,805,035 29,665,950 7,101,261 63,712,468Total Liabilities 7,277,865 26,286,612 8,724,573 2,137,039 4,212,719 4,822,554 10,251,106 63,712,468 Net Liquidity Gap -286,986 -17,498,206 -5,990,776 490,101 1,592,316 24,843,396 -3,149,845 0 (1) Subsidiaries and Associates, Tangible and Intangible Fixed Assets, OfficeSupply Inventory, Prepaid Expenses and Non-Performing Loans in the Other Assets,and total Shareholders' Equity and total Provisions except Deferred TaxLiabilities and Tax Provisions that are in Other Liabilities are shown in 'NotClassified' column. Information on consumer loans, retail credit cards, personnel loans andpersonnel credit cards: Short-Term Medium and Total Interest and Long-Term Income Accruals Consumer Loans-LC 528,281 5,169,606 5,697,887 392,665 Real Estate Loans 9,583 2,594,411 2,603,994 218,568 Automotive Loans 35,972 1,037,025 1,072,997 90,790 General Purpose Consumer Loans 229,761 1,536,754 1,766,515 83,190 Other Consumer Loans 252,965 1,416 254,381 117 Consumer Loans - FC Indexed 1,166 111,989 113,155 25,748 Real Estate Loans 215 98,827 99,042 22,855 Automotive Loans 951 13,155 14,106 2,890 General Purpose Consumer Loans 0 7 7 3 Other Consumer Loans Indexed to 0 0 0 0 FCConsumer Loans - FC 0 0 0 0Real Estate Loans 0 0 0 0Automotive Loans 0 0 0 0General Purpose Consumer Loans 0 0 0 0Other FC Consumer Loans 0 0 0 0Retail Credit Cards-LC 2,392,653 0 2,392,653 26,347 Installment Based 756,014 0 756,014 0 Other Credit Cards 1,636,639 0 1,636,639 26,347Retail Credit Cards-FC 0 0 0 0 Installment Based 0 0 0 0 Other Credit Cards 0 0 0 0Personnel Loans-LC 14,492 104,855 119,347 5,515Real Estate Loans 147 35,035 35,182 2,470Automotive Loans 222 9,471 9,693 860General Purpose Consumer Loans 14,111 60,297 74,408 2,181Other Consumer Loans 12 52 64 4Personnel Loans- FC Indexed 0 871 871 31Real Estate Loans 0 786 786 16Automotive Loans 0 0 0 0General Purpose Consumer Loans 0 85 85 15Other Consumer Loans 0 0 0 0Personnel Loans-FC 0 0 0 0Real Estate Loans 0 0 0 0Automotive Loans 0 0 0 0General Purpose Consumer Loans 0 0 0 0Other Consumer Loans 0 0 0 0Personnel Credit Cards-LC 44,637 0 44,637 109 Installment Based 14,764 0 14,764 0 Other Credit Cards 29,873 0 29,873 109Personnel Credit Cards-FC 0 0 0 0 Installment Based 0 0 0 0 Other Credit Cards 0 0 0 0Total 2,981,229 5,387,321 8,368,550 450,415 Installment based commercial loans and corporate credit cards: Short-Term Medium and Long Total Interest and Term Income AccrualsInstallment Based Commercial 574,648 5,968,303 6,542,951 522,396Loans-LCReal Estate Loans 3,459 340,633 344,092 17,400Automotive Loans 106,583 2,056,129 2,162,712 194,064General Purpose Commercial Loans 392,706 3,108,523 3,501,229 233,149Other Commercial Loans 71,900 463,018 534,918 77,783Installment Based Commercial 15,071 185,478 200,549 37,099Loans- FC IndexedReal Estate Loans 0 30,394 30,394 6,652Automotive Loans 9,604 120,331 129,935 24,891General Purpose Commercial Loans 5,467 34,753 40,220 5,556Other Commercial Loans 0 0 0 0Installment Based Commercial 0 0 0 0Loans-FCReal Estate Loans 0 0 0 0Automotive Loans 0 0 0 0General Purpose Commercial Loans 0 0 0 0Other Commercial Loans 0 0 0 0Corporate Credit Cards-LC 148,548 0 148,548 111 Installment Based 0 0 0 0 Other Credit Cards 148,548 0 148,548 111Corporate Credit Cards-FC 0 0 0 0 Installment Based 0 0 0 0 Other Credit Cards 0 0 0 0Total 738,267 6,153,781 6,892,048 559,606 Specific provisions provided against loans: Specific Provisions Current Period Previous Period (30.09.2006) (31.12.2005) Loans and Receivables with Limited Collectibility 97,401 40,642Loans and Receivables with Doubtful Collectibility 144,111 115,327Uncollectible Loans and Receivables 862,091 897,466Total 1,103,603 1,053,435 The changes in total loans under follow-up: Group III Group IV Group V Loans and Receivables Loans and Uncollectible Loans with Limited Receivables with and Receivables Collectibility Doubtful CollectibilityPrevious Period End Balance 40,642 115,327 897,466Additions (+) 313,372 6,849 52,244Transfers from Other Categories of 0 195,997 134,901Loans Under Follow-Up (+)Transfers to Other Categories of 195,997 134,901 0Loans Under Follow-Up (-)Collections (-) 60,342 38,993 199,130Write-Offs (-) 274 168 23,390Current Period End Balance 97,401 144,111 862,091Specific Provisions (-) 97,401 144,111 862,091Net Balance on Balance Sheet 0 0 0 Provision expenses due to Bank's loans and other receivables: Current Period Previous Period (30.09.2006) (30.09.2005)Specific Provisions for Loans and Other Receivables 282,138 206,375 From Group III Loans and Receivables 238,596 126,949From Group IV Loans and Receivables 3,893 34From Group V Loans and Receivables 39,649 79,392General Provision Expenses 39,666 39,443Optional Provisions Allocated for Probable Risks 0 0FC Differential Losses of Foreign Currency Indexed Loans (*) - 24,504Marketable Securities Impairment Expense 153,127 28,939Trading Securities 8 1 Securities Available-for-sale 153,119 28,938Impairment Provision Expense 197,457 38,093Participations 40,262 0Subsidiaries 157,195 38,093Partnerships under Joint Control 0 0Securities Held-to-Maturity 0 0Other 296,388 575,229Total 968,776 912,583 (*) TRY 12,551 of FC differential losses of foreign currency indexed loans areshown under other operating expenses. 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