2020 ANNUAL REPORT
Summary Balance Sheet and Income Statement

(TL thousand)

Assets

December 2016

December 2017

December 2018**

December 2019

December 2020

Liquid Assets

1,669,752

1,922,270

2,794,983

3,810,683

10,273,948

Securities Portfolio

415,842

524,210

1,303,242

2,952,183

6,895,629

Loans*

5,557,942

11,374,744

17,739,425

28,991,184

42,206,410

Other Assets

315,970

528,919

351,153

638,123

811,009

Total Assets

7,959,507

14,350,143

22,188,803

36,392,173

60,186,996

 

 

 

Liabilities

 

Funds Collected

5,636,002

10,024,595

15,151,908

25,457,245

46,386,150

Other Funds

1,420,889

2,645,856

4,232,433

6,010,284

8,625,463

Other Liabilities

137,995

276,011

586,689

1,757,817

1,441,110

Shareholders’ Equity

764,621

1,403,681

2,218,583

3,166,827

3,734,273

Total Liabilities

7,959,507

14,350,143

22,188,803

36,392,173

60,186,996

 

 

 

Selected Income/Expenses

 

Profit Shares Income

390,742

981,392

2,090,556

3,594,457

4,191,345

Profit Shares Expense

180,885

538,306

1,319,722

2,225,532

2,122,807

Profit Shares Income/Expense

209,857

443,086

770,834

1,368,925

2,068,538

Fees and Commissions Income/Expense

14,205

30,343

60,726

94,452

92,541

Trading Income/Loss (net)

7,030

11,556

57,781

69,478

83,310

Other Operating Income

1,739

2,663

80,212

159,008

268,144

Other Operating Expense

140,579

197,531

175,188

241,143

316,932

Provision Expense

51,770

90,143

256,021

579,415

1,168,068

Income Before Tax

40,892

199,974

414,549

705,300

792,482

Tax Provision

(9,809)

(41,072)

(91,884)

(188,565)

(153,920)

Net Profit/Loss

30,673

158,902

322,665

516,735

638,562

* Includes Expected Loss Provisions and Non-Performing Loans.
** Prepared based on previous period amounts reported.