sermaye pi̇yasasi kurulu

Transkript

FROM ŞEKERBANK TÜRK ANONİM ŞİRKETİ
THESE ARE THE EXPLANATIONS FOR THE INCREASE OF OUR ISSUED CAPITAL
FROM 125.000.000 NEW TURKISH LIRAS TO 400.000.000,00 NEW TURKISH LIRAS BY
ADDING 275.000.000 NEW TURKISH LIRAS ALL AT ONCE IN CASH AND SALE OF THE
SHARES REPRESENTING THE CAPITAL INCREASED AGAINST CASH.
THE SHARES TO BE ISSUED AS A RESULT OF THIS CAPITAL INCREASE WERE
REGISTERED BY THE CAPITAL MARKET BOARD ON 22/08/2007 WITH NUMBER 69/866. ON
THE OTHER HAND, SUCH A REGISTRATION SHALL NOT BE INTERPRETED AS A
GUARANTEE FROM THE BOARD OR STATE FOR OUR COMPANY.
PURSUANT TO THE PROVISIONS OF CAPITAL MARKET BODY, THE ISSUERS ARE
RESPONSIBLE FOR THE CORRECTNESS AND TRUTH OF THE INFORMATION CONTAINED
IN THE EXPLANATION LETTER AND ITS ANNEXES. ON THE OTHER HAND, THE BROKER
COMPANIES WHO DO NOT GIVE THE REQUIRED CARE MIGHT BE RESPONSIBLE FOR THE
INDEMNIFICATION OF THE DAMAGE OR LOSS CAN NOT BE INDEMNIFIED FROM THE
ISSUERS. BESIDES THESE THE INDEPENDENT AUDIT COMPANIES ARE LEGALLY
RESPONSIBLE FOR THE DAMAGE AND LOSS STEM FROM THEIR WRONG AND
MISLEADING INFORMATION CONTAINED IN THEIR OPINION REPORTS ABOUT THE
FINANCIAL TABLES AND STATEMENTS AUDITED BY THEM.
The Opinions of Other Public Institutions:
1. Opinions of Banking Regulation and Supervision Agency (BDDK)
a) Opinion letter of BDDK dated 08.08.2007 and numbered BDDK.UYI/38-1-10839 sent to SPK on the
issue.
“We have no objections to increase of the issued capital of Şekerbank T.A.Ş. from 125.000.000,- YTL to
400.000.000,- YTL by adding 275.000.000,- YTL all at once in cash within 400.000.000,-YTL capital ceiling limit
pursuant to the provisions of Banking Law numbered 5411.”’
b) Opinion letter dated 08.08.2007 and numbered BDDK.UYI/38-1-10840 sent by BDDK to Şekerbank
T.A.Ş. about the subject.
“In our letter dated today we informed the Capital Market Board that we have no objections to increase of
the issued capital of your bank from 125.000.000,- YTL to 400.000.000,- YTL by adding 275.000.000,- YTL all at
once in cash within 400.000.000,-YTL capital ceiling limit pursuant to the provisions of Banking Law numbered
5411.”
I.
INFORMATION ON OUR COMPANY
A.
GENERAL INFORMATION
1.
Trade Title
:
ŞEKERBANK TÜRK ANONİM ŞİRKETİ
2.
Headquarters and Branches
:
Headquarters: Büyükdere Caddesi No: 171
Metrocity İş Merkezi A-Blok 34330
1.Levent/Istanbul
Branch Addresses: Given in Annex-2.
3.
Actual Management Place (Address)
:
1
Büyükdere Caddesi No: 171 Metrocity İş
Merkezi A-Blok
34330 1.Levent/Istanbul
4.
Our Company was incorporated on
06.10.1953 and registered at Eskişehir Trade
Registry with registration number 5786 and
pursuant to the decision taken at the
extraordinary meeting of general assembly
held on 26.10.2004, the company center was
transferred to Istanbul and registered to
Istanbul Trade Registry on 04.11.2004 with
registration number 536973.
Registration Date, Registration Number
and Trade Registration Office
:
5.
Term
:
Limitless
6.
Number of known shareholders
:
16
7.
Jurisdiction applied for the Company
:
Laws of Turkish Republic
8.
Aim (Business Scope)
: Pursuant to Article 4 of the Articles of Incorporation the
aim and scope of the Company is,
A- To carry out all the banking transactions,
B- To make undertakings related to the industry, agriculture and mines and
purchase the shares and debentures of the companies established for the same
purposes,
C- To deal with any kind of agency, attorneyship, transportation, insurance and
other kinds of agency transactions to carry out general commissioning and
warehousing transactions.
D- To purchase and sale Turkish Republic payable bonds, Treasury bonds and
debentures and the payable bonds of other official and private bodies and entities
in compliance with the provisions of capital market legislations.
E- To be an incorporator shareholder of Sugar Factories.
F- To mediate the credit and other transactions of Sugar Beat Cooperatives and
their members with Sugar Factories, Banks and other companies, when it is
deemed required being a guarantor for the credits to be obtained by them
provided that the explanations that are required to be made by the Capital
Market Board are made.
G- To deal with the activities those are required for the economical development of
the Country and permitted by the Bank Law and the related legislations and
undertake any works for this purpose.
H- To carry out and perform any activities and transactions those are permitted by
the Bank Law and related legislations and laws.
I- To establish or cancel any pledges, deposits, liens, trade operation pledges and
any other securities on any asserts against the receivables of the Company or any
third party, to be a guarantor for the receivables of third parties, to cancel the
given securities or guarantees proved that making the explanations required to be
made by the Capital Market Board.
B.
1.
INFORMATION ON EXISTING CAPITAL AND SHARES
i) Registered Capital Ceiling
ii) Issued Capital
:
:
2
400.000.000 YTL
125.000.000 YTL
2.
The real or juridical person shareholders holding 5% or more of the paid capital as of the
last two ordinary general meetings of members:
Shareholder’s;
Trade Title/
Name Surname
ŞEKERBANK T.A.Ş. Personnel
Additional Social Security and Support
Fund Foundation
ŞEKERBANK T.A.Ş. Personnel Social
Insurance Fund Foundation
TURANALEM Securities JSC
Kayseri Şeker Fabrikası A.Ş.
Konya Şeker Fabrikası A.Ş.
S.S. Afyon Sugar Beat Production Coop.
S.S. Akşehir-Ilgın Sugar Beat Production
Coop.
S.S. Amasya Sugar Beat Production Coop.
S.S. Ankara Sugar Beat Production Coop.
S.S. Balıkesir-Bursa Sugar Beat
Production Coop.
S.S. Burdur-Isparta Sugar Beat Production
Coop.
S.S. Dinar Sugar Beat Production Coop.
S.S. Elbistan Sugar Beat Production Coop.
S.S. Eskişehir Sugar Beat Production
Coop.
S.S. Kayseri Sugar Beat Production Coop.
S.S. Kırşehir Sugar Beat Production Coop.
S.S. Konya Sugar Beat Production Coop.
S.S. Kütahya Sugar Beat Production
Coop.
S.S. Sivas Sugar Beat Production Coop.
S.S. Turhal Sugar Beat Production Coop.
PANKOBİRLİK S.S. Sugar Beat
Production Coop.
Sugar Beat Producers Health and Training
Foundation
Commonwealth Of Pennsylvania Public
School Employees Retirement System
Teachers Retirement System Of Louisiana
PUBLIC SALE
TOTAL
Shareholding
30/04/2007
(Thousand
(%)
YTL)
29/03/2006
(Thousand
(%)
YTL)
66.912
53.530
42.473
21/05/2007
(Thousand
(%)
YTL)
33.979
42.473
33.9787
18.035
14.428
2.480
1.984
-
-
602
6.435
350
535
0.482
5.148
0.280
0.428
42.473
50
-
33.979
0.040
-
42.473
50
-
33.9787
0.040
-
37
19
442
0.030
0.015
0.354
37
19
0.030
0.015
37
19
0.030
0.015
442
0.353
442
0.353
38
0.030
76
1.145
300
0.061
0.916
0.240
38
1
432
300
0.030
0.001
0.346
0.240
38
1
432
0.030
0.001
0.346
765
7
1.836
21
0.612
0.006
1.469
0.017
765
7
-
0.612
0.006
-
300
765
7
-
0.240
0.612
0.006
-
3
46
381
0.002
0.037
0.305
3
46
381
0.002
0.037
0.305
3
46
0.002
0.037
2
0.002
2
0.002
381
-
0.305
-
-
-
6
0.006
-
-
27.013
125.000
21.610
100,00
18
35.027
125.000
0.015
28.022
100,00
37.533
125.000
30.026
100,00
3.
The kinship relations among the shareholders whose shareholding or voting rights are
equal to 5% or more of the paid capital: NO
4.
The real or juridical persons who own the Company capital directly or indirectly;
Shareholding
Amount (YTL)
Percentage (%)
Name Surname /
Trade Title
Bank TuranAlem Group
5.
42.473.385,00
33,9787
The shareholders that can effect the issuer management directly or indirectly:
Name Surname /
Trade Title
Shareholding
Amount (YTL)
Percentage (%)
ŞEKERBANK T.A.Ş. Personnel Additional Social Security
and Support Fund Foundation
TuranAlem Securities JSC
3
42.473.385,00
33,9787
42.473.385,00
33,9787
6.
7.
Information representing the shares;
Issuanc
e
Group
Privilege
Type
Registered
/Bearer Shares
Share
Nominal
Value (YTL)
Total
(YTL)
Capital
Shareholdin
g (%)
XI
XII
XIII
NO
NO
NO
NO
NO
NO
REGISTERED
REGISTERED
REGISTERED
1
1
1
76.000.000
9.000.000
40.000.000
60,8
7,2
32,0
TOTAL
125.000.000
100
Information on the capital increases or decreased performed within the last
three years together with their sources, created/canceled share groups and
other transactions effecting the number of shares:
Increase
Cash
Emission
Capital
Amount
Premium
Increase
Date
27.04.2004
9.000.000
9.000.000
18.02.2005*
40.000.000
*Capital increase was registered in the accounting records in 2004.
YDDAF
-
Reserves
40.000.000
(YES)
Other
-
8.
If the Company issued any shares by public sale or assigned sale within the last twelve
months, information on the characteristics of these transactions, number and
characteristics of the shares subject to these transactions and the related real and/or
juridical persons: NO
9.
Selection of the management and audit organs pursuant to the provisions of the Articles of
Incorporation:
BOARD OF DIRECTORS: Article 21- The transactions of the Company are realized by a Board of
Directors consists of no less than 9 (nine) and no more than 13 (thirteen) members (including the General
Manager, who is a natural member of the Board of Directors).
On the other hand, if any person who is not a shareholder is assigned as a Board of Directors
member, they can start to work as a Board of Directors member only after they become a shareholder of
the Company. A juridical person, who is also a shareholder, can not be a Board of Directors member. On
the other hand, real persons who are the representatives of the juridical persons can be assigned as Board
of Directors members Bank general manager or in case of his absence his deputy shall be the natural
members of the Board of Directors.
The Board of Directors members have to give an oath in compliance with the relevant articles of
Banks Law after their assignment.
OFFICE PERIOD FOR THE BOARD OF DIRECTORS MEMBERS: Article 22 – The Board of Directors
members are assigned with an office period of three years. At the end of this period the Board of Directors
shall be renewed. The General Assembly shall have the right to replace the Board of Directors members at
any time when it is deemed required.
NUMBER AND OFFICE PERIODS OF THE AUDITORS: Article 36- The General Assembly might
assign three auditors either among the shareholders or other persons for an office period of there years.
More than half of the auditors have to be Turkish citizens. The auditors whose office periods are
over can be reassigned. The Board of Directors members can not be assigned as an auditor unless they are
accrued by the general assembly. The Auditors can not be assigned as Board of Directors members or
work as an officer of the Company.
Pursuant to the provisions of Banks Law, the persons who are prohibited to work at the banks can
not be assigned as auditors.
4
10.
Information on the aggravated quorums stated in Articles of Incorporation:
MEETING AND DECISION QUORUMS FOR THE BOARD OF DIRECTORS: Article: 30- The
meeting quorum for the Board of Directors is seven (7) and the decisions are taken by the positive
decisions of seven members attending the meeting. For the issues related to the rights, authorities and
responsibilities of the Board of Directors members and the management of the Company but not stated in
this Articles of Incorporation the provisions of Banks Law, Capital Market Board Legislations and Turkish
Commercial Code are applied. The Board of Directors meetings shall not be binding unless they are signed
and registered in the decision book.
QUORUM: Article: 52- Unless otherwise stated in Turkish Commercial Code and this Articles of
Incorporation, the shareholders representing at least 67% of the company capital is required to be present
by person or proxy at the ordinary and extraordinary General Assembly meetings. If the required meeting
quorum can not be met at the first meeting, the shareholders are invited to the second meeting. The
relevant provisions of Turkish Commercial Code are applied for such second meeting.
In the general assembly meetings decisions are taken by the majority of the votes represented at the
meeting by person or proxy.
The second meeting shall be held no less than two weeks and no more than one month later from the first
meeting.
11.
The Rights given to the benefit bonds issued pursuant to the provisions of Articles 402-403
of Turkish Commercial Code: NO
12.
Transfer of shares:
TRANSFER AND LAW CESSION OF REGISTERED SHARES: Article: 12- Registered share certificates
can be transferred provided that the liabilities stated in the İMKB Quotation Regulation are saved. Such a
transfer shall be valid and binding for the company or third parties only if it is registered in the Company
share book. On the other hand, the exceptional provisions of Capital Market Board and the liabilities stated
in İMKB Quotation Regulation are saved. The registration transaction is carried out upon the submission of
the share certificate or the transfer document. The Company doesn’t have to investigate the correctness and
validity of the endorsements or transfer law cession declarations.
13.
Information about if the same group shares of the Company are quoted/listed at the stock
exchange (İMKB or other stock exchanges) or if there exists an application for this
purpose: The share certificated of the Company are listed at İMKB.
14.
Within current and previous years of the declaration preparation;
a) Purchase offers of the third parties for the shares of the Company:
On 07.07.2005, Rabobank International Holding B.V. offered 2,72 for each share with a
nominal value of 1 YTL for 36,50% of the shares with a total amount of 124.137.116 YTL. On
21.06.2006, TuranAlem Securities JSC offered 10,00 for each shares with a nominal value of 1
YTL for %33,9787 of the shares with a total amount of 424.733.850 YTL.
b) The purchase offers made by the Company for the shares and/or share certificates of
other companies: NO
c) Information on the price and results of the stated offer: as a result of the offer stated in
paragraph “a” above, Rabobank International Holding B.V. purchased the shares of the
Company.
As a result of the offer made by TuranAlem Securities JSC, on 15.03.2007 %33,9787 of the
shares of our company was sold with an aggregate amount of 424.733.850 YTL and in this
transaction 1o YTL was paid for each share with a nominal value of 1 YTL. TuranAlem
Securities JSC applied to Capital Market Board for a call exemption and this application was
5
approved by the Board on 26.04.2007.
Some of our shareholders applied to Istanbul 14th Court of First Instance for the cancellation of the
decisions taken at the general assembly decision dated 04.08.2006. This court case was registered
with number 2006/501 E, the proofs related to the case were collected and the file was submitted
to the experts. Now we wait for the return of the file from the expert and the court session shall be
held on 03.10.2007.
II.
INFORMATION ON THE INCREASE CAPITAL SHARES
1.
Decisions of the organ authorized to issue shares: The Board of Directors decision dated
10/04/2007 numbered 289 is given below.
It was decided to increase our Company capital from 125.000.000 YTL to 400.000.000 YTL by
adding 275.000.000 YTL (at 220% level).
2.
Information on the XIV. Issue shares to be issued to represent the capital to be increased
against cash:
3.
Share
Group
Registered/
Bearer
NO
REGISTERED
Nominal Value of a Number of
share (YTL)
Shares
1,00
TOTAL
275.000.000
275.000.000
Total Nominal
Value
(Thousand YTL)
275.000,00
275.000,00
a) The distribution of the capital increase made from internal resources is given below
(YTL): NO
i.
Extra ordinary Reserve Funds
:
ii. Real estate Sale Profit
:
iii. Partnership Sale Profit
:
iv. Company Capital Inflation Correction
:
Differences
v. Other
:
TOTAL
:
b) Information on the …… issue shares to be taken from the equities and distributed among
the existing shareholders free of charges: NO
Share
Group
-
4.
Registered/
Bearer
-
Nominal Value of
this Share (YTL)
TOTAL
Number
of Shares
-
Total Nominal Value
(Thousand YTL)
-
a) The XIV. …. Issue shares to be issued as a result of this capital increase does not restrict
the new share purchase rights for the sales to be made later and they shall have the right to
purchase share in the new issuances.
b) The shares to be issued shall have the right to obtain dividends as of the financial period
in which the circular related to the new share purchase rights, in case a profit is obtained,
they shall have the right to receive dividends from 2007 year profit. On the other hand, if
the financial term in which the announcement on the new share purchase right was made is
completed, the shares sold after the completion of the financial period shall have the right to
receive dividends from the 2008 year profit.
c) The Date on which the right to receive dividends is obtained: The dividend receiving
6
right is obtained as of the date on which the announcement on the use of new share
purchase right is made.
5.
The privileged shares to be issued in this capital increase and the privilege characteristics:
NO
6.
The rights of the investors stem from the shares to be issued: Right to get share from the
profit (SPKn Art.15), Right to get share from liquidation (TTK Art. 455), right to acquire shares
free of charge (SPKn Art. 15), right to purchase new shares (TTKArt. 394, for the companies
included in the registered capital system SPKn Art. 12), right to take part in the general assembly
meetings (TTKn Art. 360), to take part in discussions at the general assembly meetings (TTkn
Art. 375, Art. 369), voting right (TTK Art.373,374), right to get information (SPKn Art. 16,
TTK Art. 362), examination and audit right (TTK Art. 363), right to open cancellation case (TTK
Art. 381-384, for the companies included in the registered capital system SPKn Art. 12).
On the other hand, the “minority rights” stated in TTK Art. 341, 348, 356, 359, 366, 367 and
376. can be used by the shareholders representing at least one twentieth of the capital (SPKn Art.
11).
7.
Information on transfer of the shares or any limitations related to these: Explained in Part
I/B/12.
8.
Information on if the new share purchase rights are restricted, if restricted the reasons of
such restrictions: No restrictions
9.
If exists, the amount and number of the shares allocated to specific persons: NO
10.
If an allocation decision was taken for the shares left after the use of new share purchase
right: NO
11.
The names, addresses of the real or juridical persons who undertake to purchase the shares
and the purchase price of each share:
Şekerbank T.A.Ş. Personnel Additional Social Security and Support Fund Foundation
İnönü Caddesi Tümşah Han No: 70 Kat:1 Gümüşsuyu / ISTANBUL
TuranAlem Securities JSC
Ulitza Khusainova 281 Granit Business Center Almaata, 050051 Kazakhstan
When selling the Remaining Shares, the sale price of a share with a nominal value of 1 YTL shall
be the price occurred at İMKB provided to be no less than the nominal value.
12.
The rules related to the use of the new share purchase right by the shareholders
a) The term of using the new share purchase rights: 15 days. The commencement and
completion dates of this period shall be stated in the circular to be announced. If the last day of
the disposal period for the new share purchase right is an official holiday, it shall be completed
at 17:00 on the following working day.
b) New share purchase rates of the shareholders
on the basis of their existing shareholding in the %220
paid/issued capital:
c) The bank branch and the account number
where the purchase prices are to be deposited:
7
Şekerbank T.A.Ş. Gümüşsuyu Branch
Special Account No: 20153967
d) Application method:
a) Basis related to the recorded shares
i) Our shareholders who want to use the right to purchase new shares shall apply to the place(s)
stated in paragraph (e) and submit the new share purchase coupons numbered 3 for their share
certificates (the share certificates owned by them). Since the share certificates owned by our
shareholders are monitored by the Central Registry Institution pursuant to the provisions of the
regulations on registration system under Capital Market Legislation, if our shareholders deliver
the share certificates owned by them, these delivered share certificates, a written report stating
that these certificates shall be monitored with records by the Central Registry Institution shall be
given to them.
Our shareholders, who shall use their new share purchase rights, shall deposit the new share
amounts agreed together with the Company to the above mentioned Bank Account number
20151967 at the above mentioned bank account within the new share purchase right disposal
period completely in cash and submit a copy of the payment voucher to the Company.
ii) If the share amounts are not paid within the stated new share purchase right disposal period,
the previous transactions shall be cancelled.
iii) Our shareholders, who do not want to use their new purchase sale rights in this capital
increase, shall have the right to relevant coupon within the new share purchase right disposal
period.
No physically printed share certificates shall be submitted for the shares to be issued in the
future.
The financial rights related to the share certificates that shall have not been delivered by 31
December 2007 shall be monitored in the records of MKK after that date and the rights related to
the management shall be used by MKK. If the right owners deliver their share certificates in
compliance with the relevant rules after 31 December 2007, their financial rights monitored from
the registers of MKK shall be transferred to their accounts.
The recorded shares certificates physically kept by the right owners can not be listed at the stock
exchange. In order to have them listed at the stock exchange and have them recorded they have
to be delivered and the registries about their ownership should be formed in MKK.
b) Rules Related to the Recorded Shares
i) Our shareholders who desires to use their new share purchase rights shall pay the new
share amounts agreed with the Company to the Account numbered 20153967 opened at the
above mentioned bank account within the new share purchase right disposal period all at once in
cash and a copy of the payment voucher shall be submitted to the Company.
ii) If the share amounts are not paid within the new share purchase right disposal period, the
previous transactions shall be cancelled.
ii) Our shareholders, who do not want to use their new share purchase right in this capital
increase, shall have the right to relevant coupon within the new share purchase right disposal
period.
e) Application Place(s):
Şekerbank T.A.Ş. General Management
Investor Relations and Subsidiaries Management
Büyükdere Cad. No:171 Metrocity A-Blok 34330 1.Levent/Istanbul
Şeker Yatırım Duran Varlıklar A.Ş.
Fulya Mah. Şenol Sokak No: 13/3 Şişli/Istanbul
f) Share distribution time and place:
The shares owned by all our shareholders shall be monitored from the registers of MKK under
the frame of Capital Market Legislation.
13.
Distribution basis for the shares to be given free of charge: NO
8
14.
Rules related to the public offering of the shares remaining after the use of new share
purchase rights:
a) Public offering period: is 2 days. The commencement and completion days of this period
shall be stated in the circular to be announced.
b) The newspapers where the public offering
circular is to be announced:
Dünya and Referans Newspapers
c) Application method and place: The investors who desire to be a shareholder of the Company
by purchasing shares in this capital increase should apply to one of the stock exchange members
formed by the banks and brokers authorized to carry out transactions at Istanbul Stock Exchange
within the sale period.
When the share amounts are collected by Şeker Yatırım Duran Varlıklar A.Ş., the stock
exchange member carrying out the sale transactions, these shall be deposited to the Special
Account numbered 20153967 opened at Şekerbank T.A.Ş. Gümüşsuyu Branch.
d) Share distribution time and place: The shares of the shareholders who purchased shares
offered to public after the use of share purchase rights shall be started to be monitored by the
MKK on the basis of the registrations of the right owners within the frame of the Capital Market
Legislations
15.
Sale price:
a) The sale price for a share with a nominal value of 1,00 YTL while using the new share
purchase right: 1,00 YTL.
b) The sale price of a share with a nominal value of 1 YTL and that was left after the use of
share purchase right: The price to be occurred at İ.M.K.B. provided that no less than the
nominal value.
16.
Sale Method: Pursuant to the provisions of the Capital Market Board Announcement numbered
VIII - 22 “Sale at Stock Exchange” shall be applied.
17
Information on the assignments to the specific countries if the sale is to be made in several
countries at the same time: NO
18.
Evaluations of the management and the broker companies about the methods employed for
the determination of the prices and the prices: The shares shall be sold on their nominal
value.
19.
a) The institution(s) that shall act as a brokers in the sales and/or the institution(s) that
shall make an undertaking and the institution(s) that render cashier services and their
addresses:
Fulya Mah. Şenol Sokak No:13/3 Şişli-Istanbul
Tel: (0212) 213 43 70
b) The type of brokering and the amount of the shares that were not undertaken: “Best
effort brokering”
9
c) The total amount to be paid to the broker company/companies and the share of this
amount within the total shares to be issued: Total amount to be paid to the broker Company is
41.250 YTL and its share within the total shares to be issued is 4,55%.
20.
Total or per share cost to be paid by the Company for the issuance of the shares: Total
public offer cost is 906.250 YTL and the cost per share is 0,0033 YTL.
21.
Estimated net cash entry for the Company and where this amount to be used: 274.093.750
YTL to be gained from the capital increase shall be used to strengthen the capital structure of the
Bank.
22.
Elapse of time for dividend receiving right: The profit share amounts that are not collected by
the shareholders and other persons having a share in the profit and the dividend advance amounts
that can not be collected by the shareholders shall be subject to elapse of time within five years
after the dare of distribution. The provisions of Law numbered 2308 on the Transfer of the
Coupons Debenture and Share Certificate fees subject to elapse of time to the Treasury shall be
applied for the dividend and dividend advance amounts subject to elapse of time.
10
III.
INFORMATION ON FINANCIAL SITUATION
A.
FINANCIAL TABLES OF THE COMPANY PREPARED IN COMPLIANCE WITH
THE TURKISH ACCOUNTING STANDARDS
The footnotes for the financial tables of the Company for 2005 and 2006; and as of 31/03/2006 and
31/03/2007 intermediate terms are given below.
i)
The consolidated balance sheets of the Company as of 31.12.2005, 31.12.2006 and
31/03/2007:
II.
2.1
2.1.1
2.1.2
2.1.3
2.2
2.2.1
2.2.2
2.2.3
2.3
ŞEKERBANK T.A.Ş. CONSOLIDATED BALANCE SHEET
ASSETS
CASH AND BALANCES WITH THE CENTRAL BANK OF TURKEY
FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT AND
LOSS (Net)
Financial assets held for trading
Public sector debt securities
Securities representing a share in capital
Other marketable securities
Financial assets at fair value through profit and loss
Derivative financial assets held for trading
III.
IV.
4.1
4.2
4.3
V.
5.1
5.2
5.3
VI.
6.1
6.2
6.3
VII.
VIII.
8.1
8.2
IX.
9.1
9.2
9.2.1
9.2.2
X.
10.1
10.2
XI.
11.1
11.2
11.2.1
11.2.2
BANKS AND OTHER FINANCIAL INSTITUTIONS
MONEY MARKET SECURITIES
Interbank money market placements
Istanbul Stock Exchange money market placements
Receivables from reverse repurchase agreements
FINANCIAL ASSETS AVAILABLE FOR SALE (Net)
LOANS
Loans
Loans under follow-up
Specific provisions (-)
FACTORING RECEIVABLES
INVESTMENTS HELD TO MATURITY (Net)
INVESTMENTS AND ASSOCIATES (Net)
Consolidated with equity method
Non-consolidated investments and associates
Financial investments and associates
Non-financial investments and associates
SUBSIDIARIES (Net)
Financial subsidiaries
Non-financial subsidiaries
JOINT VENTURES (Net)
Consolidated with equity method
Non-consolidated joint ventures
Financial joint ventures
Non-financial joint ventures
I.
11
TRY THOUSAND
31.03.2007
366.337
31.12.2006
31.12.2005
319.100
280.200
282.265
279.252
276.533
2.719
3.013
248.726
248.011
247.775
236
715
308.454
307.724
307.675
49
730
93.895
8.615
8.615
891.105
891.105
2.703.154
2.684.708
133.192
114.746
66.479
111.545
111.545
15.229
15.229
11.563
3.666
1.576
1.576
-
285.122
1.000
1.000
823.985
823.985
2.043.951
2.017.511
287.441
261.001
66.622
117.521
117.521
15.409
15.409
11.577
3.832
1.624
1.624
-
185.895
5.000
5.000
784.633
782.252
2.381
1.194.327
1.168.897
254.377
228.947
43.757
239.593
239.593
10.537
10.537
6.866
3.671
1.445
1.445
-
XII.
12.1
12.2
12.3
12.4
XIII.
13.1
13.2
13.3
XIV.
XV.
15.1
15.2
XVI.
16.1
16.2
XVII.
XVIII.
I.
II.
III.
IV.
4.1
4.2
4.3
V.
5.1
5.2
5.3
VI.
VII.
VIII.
IX.
X.
10.1
10.2
10.3
10.4
XI.
11.1
11.2
11.3
XII.
12.1
12.2
12.3
12.4
12.5
XIV.
14.1
14.2
XV.
XIII.
RECEIVABLES FROM LEASING TRANSACTIONS (Net)
Finance lease receivables
Operational leasing receivables
Others
Unearned income ( - )
DERIVATIVE FINANCIAL ASSETS HELD FOR HEDGING
Fair value hedges
Cash flow hedges
Hedges for investments made in foreign countries
PROPERTY AND EQUIPMENT (Net)
INTANGIBLE ASSETS [Net]
Goodwill
Other
TAX ASSETS
Current assets for tax
Deferred assets for tax
PROPERTY AND EQUIPMENT HELD FOR SALE PURPOSE (Net)
OTHER ASSETS
TOTAL ASSETS
LIABILITIES
DEPOSITS
DERIVATIVE FINANCIAL LIABILITIES HELD FOR TRADING
FUNDS BORROWED
INTERBANK MONEY MARKET
Interbank money market takings
Istanbul Stock Exchange money market takings
Funds provided under repurchase agreements
MARKETABLE SECURITIES ISSUED (Net)
Bills
Asset backed securities
Bonds
FUNDS
MISCELLANEOUS PAYABLES
OTHER EXTERNAL RESOURCES
FACTORING PAYABLES
LEASING TRANSACTIONS PAYABLES (Net)
Finance leasing payables
Operational leasing payables
Other
Deferred finance leasing expenses ( - )
DERIVATIVE FINANCIAL LIABILITIES HELD FOR HEDGING
Fair value hedges
Cash flow hedges
Hedges for investments made in foreign countries
PROVISIONS
General provisions
Restructuring reserves
Reserves for employee benefit
Insurance technical reserves (Net)
Other provisions
TAX LIABILITIES
Current liabilities for tax
Deferred liabilities for tax
LIABILITIES FOR PROPERTY AND EQUIPMENT HELD FOR SALE
PURPOSE
SUBORDINATED LOANS
12
68.537
80.715
12.178
135.841
4.313
4.313
20.219
16.089
4.130
116.904
4.886.014
67.310
78.290
10.980
129.408
3.531
3.531
9.242
6.584
2.658
71.302
4.203.853
69.167
84.289
15.122
95.014
3.320
3.320
35.993
21.346
14.647
73.463
3.330.798
31.03.2007
3.498.541
15.740
223.055
433.354
433.354
48.089
24.282
49.558
2.491
97.251
23.641
19.175
54.435
36.564
36.564
-
31.12.2006
3.110.461
3.714
189.684
281.620
281.620
50.393
15.316
16.969
2.657
84.461
17.351
13.733
53.377
27.709
27.709
-
31.12.2005
2.540.306
1.456
135.979
75.708
75.708
52.498
11.167
46.554
4.284
69.216
9.249
12.509
47.458
38.807
38.807
-
-
-
-
XVI.
16.1
16.2
16.2.1
16.2.2
16.2.3
16.2.4
16.2.5
16.2.6
16.2.7
16.2.8
16.2.9
16.3
16.3.1
16.3.2
16.3.3
16.3.4
16.4
16.4.1
16.4.2
16.5
SHAREHOLDERS` EQUITY
Paid-in capital
Supplementary capital
Share premium
Share cancellation profits
Marketable securities value increase fund
Value increase in revaluation fund of property and equipment
Value increase in revaluation fund of intangible assets
Free shares from investment and associates, subsidiaries and joint ventures
Hedging funds (Active part)
Value increase in property and equipment held for sale purposes
Other capital reserves
Profit reserves
Legal reserves
Status reserves
Extraordinary reserves
Other profit reserves
Profit or loss
Prior year income/loss
Current year income/loss
Minority
TOTAL LIABILITIES
457.089
125.000
94.865
552
5.136
29.877
59.300
139.942
24.943
117.775
(2.776)
92.504
56.048
36.456
4.778
4.886.014
13
420.869
125.000
96.571
552
6.784
29.935
59.300
140.029
24.943
117.775
(2.689)
56.048
10.487
45.561
3.221
4.203.853
354.823
125.000
76.503
552
16.651
59.300
101.693
22.796
81.773
(2.876)
48.636
12.441
36.195
2.991
3.330.798
ii)
I.
1.1
1.2
1.3
1.4
1.5
1.5.1
1.5.2
1.5.3
1.5.4
1.6
1.7
II.
2.1
2.2
2.3
2.4
2.5
III.
IV.
4.1
4.1.1
4.1.2
4.1.3
4.2
4.2.1
4.2.2
4.2.3
V.
VI.
6.1
6.2
VII.
VIII.
IX.
X.
XI.
XII.
Consolidated income tables of the Company years ending as of 31.12.2005 and
31.12.2006 and the intermediate terms ending as of 31/03/2006 and 31/03/2007
INCOME STATEMENT
INTEREST INCOME
Interest on loans
Interest received from reserve deposits
Interest received from banks
Interest received from money market transactions
Interest received from marketable securities portfolio
Financial assets held for trading
Financial assets where value change is reflected to income statement
Financial assets available for sale
Investments held to maturity
Finance lease income
Other interest income
INTEREST EXPENSE
Interest on deposits
Interest on funds borrowed
Interest on money market transactions
Interest on securities issued
Other interest expense
NET INTEREST INCOME (I - II)
NET FEES AND COMMISSIONS INCOME
Fees and commissions received
Cash loans
Non-cash loans
Other
Fees and commissions paid
Cash loans
Non-cash loans
Other
DIVIDEND INCOME
NET TRADING INCOME
Profit/losses on trading account securities (Net)
Foreign exchange gains/losses (Net)
OTHER OPERATING INCOME
TOTAL OPERATING INCOME (III+IV+V+VI+VII)
PROVISION FOR LOAN OR OTHER RECEIVABLES LOSSES (-)
OTHER OPERATING EXPENSES (-)
NET OPERATING INCOME/EXPENSE (VIII-IX-X)
SURPLUS WRITTEN AS GAIN AFTER MERGER
XIII.
XIV.
XV.
XVI.
16.1
16.2
XVII.
17.1
17.2
XVIII.
18.1
18.2
3.
31.03.2007
208.732
132.963
4.801
1.983
306
59.369
8.388
45.932
5.049
2.666
6.644
110.059
95.267
5.525
7
9.260
98.673
32.100
36.363
7.287
10.922
18.154
4.263
9
146
4.108
4.003
(4.350)
8.353
44.099
178.875
53.472
81.854
43.549
-
PROFIT/LOSSES FROM EQUITY METHOD APPLIED
ASSOCIATES
NET MONETARY POSITION GAIN/LOSS
INCOME/EXPENSE BEFORE TAXES (XI+XII+XIII+XIV)
PROVISION FOR TAXES ON INCOME (±)
Current tax provision
Deferred tax provision
OPERATING INCOME/LOSS AFTER TAXES
Activities stopped
Others
NET PROFIT/LOSSES (XV±XVI+XVII)
Group's profit/loss
Minority shares
Earnings/Losses per share
43.549
(6.692)
(7.734)
1.042
36.857
36.857
36.857
36.456
401
0,0003
31.12.2006
531.926
328.260
14.002
4.589
938
153.322
41.981
103.968
7.373
9.128
21.687
287.525
246.180
16.668
1.044
23.633
244.401
112.043
126.259
32.090
42.748
51.421
14.216
94
14.122
613
(8.842)
11.044
(19.886)
160.067
508.282
155.027
285.080
68.175
68.175
(24.618)
(14.621)
(9.997)
43.557
43.557
43.557
45.561
(2.004)
0,0004
31.03.2006
124.045
67.258
2.854
1.439
237
44.573
11.419
25.204
7.950
7.684
64.268
55.652
1.656
483
6.477
59.777
23.906
27.680
6.127
9.937
11.616
3.774
3.774
603
23.205
24.765
(1.560)
26.455
133.946
37.723
72.799
23.424
31.12.2005
567.985
358.122
10.611
2.159
180
163.324
40.383
49.637
73.304
10.176
23.413
260.185
205.282
18.451
992
35.460
307.800
106.763
128.330
30.231
41.391
56.708
21.567
21.567
16.182
(11.336)
27.518
61.343
492.088
157.917
280.380
53.791
-
-
23.424
(11.183)
(6.184)
(4.999)
12.241
12.241
12.241
12.448
(207)
0,0001
53.791
(17.228)
(27.557)
10.329
36.563
36.563
36.563
36.195
368
0,0003
Profit Distribution Tables for the Last Three Years: In the general meeting of members of our
Bank held on 30 April 2007, it was decided to separate 3,868,409 YTL of the 2006 profit at an
amount of 77,368,185 YTL and taken as a base for distribution as legal reserves and assign remaining
73,499,776 YTL as the extra ordinary reserves.
No dividend distribution was made in 2005. In 2005 the profits taken as a base for profit distribution
was 37,029,350 YTL and 1,852,500 YTL of this amount shall be allocated as legal reserves and
remaining 35,176,850 YTL shall be allocated as extra ordinary reserves.
14
BILLION TURKISH LIRAS
PROFIT DISTRIBUTION TABLE
( 31/12/2004 )
I. TERM PROFIT DISTRIBUTION
1.1.TERM PROFIT
95.005
1.2.TAXES AND OTHER LIABILITIES TO BE PAID (-)
24.429
1.2.1.Incorporation Tax (Income Tax)
23.848
1.2.2.Income Tax Deduction
581
1.2.3.Other Taxes and Legal Liabilities
A. NET TERM PROFIT (1.1-1.2)
70.576
1.3.PREVIOUS TERMS LOSSES (-)
1.4.FIRST LEGAL CAPITAL RESERVE (-)
3.529
1.5.FUNDS THAT HAVE TO BE KEPT AT THE BANK AND SAVED (-)
B. NET DISTRIBUTED TERM PROFIT [(A-(1.3+1.4+1.5)]
67.047
1.6.FIRST DIVIDEND TO THE SHAREHOLDERS (-)
1.6.1.To the Share Certificate Owners
1.6.2.To the Privileged Share Certificate Owners
1.6.3 To Contribution Benefit Shares
1.6.4.To the Debentures Receiving Shares
1.6.5.To the Profit and Loss Partnership Certificate Owners
1.7.DIVIDENDS TO THE PERSONNEL (-)
1.8. DIVIDENDS TO THE BOARD OF DIRECTORS (-)
1.9.SECOND DIVIDEND TO THE SHAREHOLDERS (-)
1.9.3.To the Contribution Benefit Owners
1.9.4.To the Share Receiving Bonds
1.10.SECON LEGAL CAPITAL RESERVE FUND (-)
1.11.STATUEARY RESERVES (-)
1.12.EXTRA ORDINARY RESERVES
1.13.OTHER RESERVES
1.14.SPECIAL FUNDS
II. DISTRIBUTION FROM THE RESERVES
2.1.DISTRIBUTED RESERVES
2.2.SECOND LEGAL RESERVES (-)
2.3.SHARE TO THE SHAREHOLDER (-)
2.3.3.To Contribution Benefit Bonds
2.3.4.To the Share Receiving Debentures
2.4.SHARE TO THE PERSONNEL (-)
2.5.SHARE TO THE BOARD OF DIRECTORS (-)
III. PROFIT PER SHARE
3.1.TO SHARE CERTIFICATE OWNERS
351
3.2.TO SHARE CERTIFICATE OWNERS ( % )
35,1
3.3.TO PRIVILEGED SHARE CERTIFICATE OWNERS
3.4.TO PRIVILEGED SHARE CERTIFICATE OWNERS ( % )
IV. DIVIDEND PER SHARE
4.1.TO SHARE CERTIFICATE OWNERS
4.2.TO SHARE CERTIFICATE OWNERS ( % )
4.3.TO PRIVILEGED SHARE CERTIFICATE OWNERS
4.4.TO PRIVILEGED SHARE CERTIFICATE OWNERS ( % )
-
4.
Information per Share (1 Share = 1 YTL):
a) Number of Shares
31.03.2007 31.12.2006 31.03.2006 31.12.2005
125.000.000 125.000.000 125.000.000 125.000.000
15
b) Book value of 1 Share (YTL)
c) Net Profit Per Share
- Common Share Certificate
- Privileged Share Certificate
d) Net Profit Corrected per Share (YTL) (*)
(*) Formula used for the Calculation of Net
Profit per Share:
d) Dividend per Share
- Common Share Certificate
- In cash
- In the form of Share Certificates
- Privileged Share Certificate
- In cash
- In the form of Share Certificates
e) Corrected Dividend per Share (**)
(**)Formula used for the Calculation of Net
Profit per Share:
iii)
0,0037
0,0002
0,0002
-
0,0035
0,0004
0,0004
-
0,0030
0,0001
0,0001
-
0,0030
0,0003
0,0003
-
-
-
-
-
-
-
-
-
Company cash flow tables (*):
1.1
CASH FLOWS FROM BANKING OPERATIONS
Operating profit before changes in operating assets and liabilities
31.03.2007
(115.433)
31.12.2006
135.424
31.03.2006
(151.995)
31.12.2005
183.550
1.1.1
1.1.2
1.1.3
1.1.4
1.1.5
1.1.6
1.1.7
1.1.8
1.1.9
Interest received (+)
Interest paid (-)
Dividend received (+)
Fees and commissions received (+)
Other income (+)
Collections from previously written off loans and other receivables (+)
Payments to personnel and service suppliers (-)
Taxes paid (-)
Other (+/-)
206.450
(92.022)
36.363
52.450
23.975
(40.797)
(16.089)
(285.763)
573.896
(278.372)
613
126.259
(29.977)
89.569
(150.977)
(6.584)
(189.003)
180.987
(66.730)
603
27.680
51.220
27.613
(36.456)
(26.579)
(310.333)
570.451
(261.041)
128.330
(4.008)
55.269
(131.569)
(21.346)
(152.536)
1.2
Changes in operating assets and liabilities
21.202
(44.704)
(95.284)
282.327
(32.606)
56.890
(542.110)
298.334
(502.452)
(68.391)
149.031
386.054
32.061
57.505
(94.231)
(877.956)
(21.481)
205.552
565.602
52.928
(26.239)
90.720
205.668
14.208
187.572
11.176
(4.767)
32.969
(247.279)
49.439
(65.466)
(187.047)
183.213
(19.288)
23.142
465.877
(53.629)
14.384
120.583
(452.114)
-
(5.932)
(38)
(11)
148
(13.292)
6.169
(598.875)
542.336
(73.047)
(2.593)
902
(217.375)
319.823
-
(16.322)
5.132
(735.511)
938
(36.660)
1.2.1
Net (increase) decrease in financial assets held for trading (+/-)
Net (increase) decrease in financial assets where fair value change is reflected to
1.2.2 I/S
1.2.3 Net (increase) decrease in due from banks and other financial institutions (+/-)
1.2.4 Net (increase) decrease in loans
1.2.5 Net (increase) decrease in other assets (+/-)
1.2.6 Net increase (decrease) in bank deposits (+/-)
1.2.7 Net increase (decrease) in other deposits (+/-)
1.2.8 Net increase (decrease) in funds borrowed (+/-)
1.2.9 Net increase (decrease) in matured payables (+/-)
1.2.10 Net increase (decrease) in other liabilities (+/-)
I.
Net cash provided from banking operations(+/-)
B.
CASH FLOWS FROM INVESTING ACTIVITIES
II.
Net cash provided from investing activities(+/-)
2.1
2.2
2.3
2.4
2.5
2.6
2.7
Cash paid for purchase of investments, associates and joint ventures
Cash obtained from sale of subsidiaries, investments and associates and joint
ventures
Fixed assets purchases (-)
Fixed assets sales (+)
Cash paid for purchase of financial assets available for sale (-)
Cash obtained from sale of financial assets available for sale (+)
Cash paid for purchase of investment securities (-)
-
(6.730)
3.670
(170.792)
119.295
-
16
2.100
(1.172)
157.088
(211)
20.000
(136)
331.907
(1.587)
Net cash provided from financing activities (+/-)
1.348
2.055
253
(5)
Cash obtained from funds borrowed and securities issued (+)
Cash used for repayment of funds borrowed and securities issued (-)
Capital increase (+)
Dividends paid (-)
Payments for finance leases (-)
Other (+/-)
Effect of change in foreign exchange rate on cash and cash equivalents
Net increase in cash and cash equivalents (I+II+III+IV)
Cash and cash equivalents at beginning of the year (+)
Cash and cash equivalents at end of the year (V+VI)
1.348
(11)
2.066
10.610
117.769
253
91
(126.352)
384.527
258.175
(5)
5.221
18.979
2.8
2.9
Cash obtained from sale of investment securities (+)
Other (+/-)
C.
CASH FLOWS FROM FINANCING ACTIVITIES
III.
3.1
3.2
3.3
3.4
3.5
3.6
IV.
V.
VI.
VII.
(4.522)
(151.034)
502.296
351.262
17
384.527
502.296
365.548
384.527
iv)
Company capital change tables*:
(*) It is a must to prepare the Company capital change table financial statements by the shareholders in compliance with the provisions of
Announcement numbered XI – 25 or International Financial Reporting Standards but it is not a must for the shareholders to prepare the same
according to the provisions of the Announcement numbered XI – 20 or 21.)
ŞEKERBANK T.A.Ş. CONSOLIDATED EQUITY FLOW TABLE
THOUSAND NEW TURKISH LIRAS
Paid
CHANGES ON EQUITY ITEMS
Paid Capital
Inflation
Correction
Difference
Capital
Share
Certificate
Share
Certificate
Issuance
Premiums
Cancellation
Profits
Legal
Reserves
Statuary
Extra ordinary
Reserves
Capital
Reserves
Other
Term Net
Previous
Term
Reserves
Profit /
(Loss)
Profit /
(Loss)
Reevaluation
Reevaluation
Fund
Value
Increase
Mobile
Asset
Value
Increase
Fund
Except Minority
Right
Minority
Total
Total Equity
Right
Equity
PREVIOUS TERM
(31/12/2005)
125.000
59.300
552
-
11.179
-
12.430
5.730
-
78.159
-
-
-
292.350
3.163
295.513
Corrections Made according to TMS 8
-
-
-
-
-
-
-
(9.395)
-
16.059
-
-
-
6.664
59
6.723
2.1
Effect of Mistake Corrections
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2.2
Effect of the Changes Made on Accounting Policies
-
-
-
-
-
-
-
(9.395)
-
16.059
-
-
-
6.664
59
6.723
125.000
59.300
552
-
11.179
1.000
-
12.430
(3.665)
-
94.218
-
-
-
299.014
121
3.222
302.236
121
-
I.
Term Beginning Balance
II.
III.
New Balance (I+II)
Effect of Loss Settlement
879
Changes within the Term
IV.
Increase/Decrease stem from merger
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
V.
From Mobile Assets Ready for Sale
-
-
-
-
-
-
-
-
-
-
-
-
16.651
16.651
-
16.651
VI.
From Risk Protection Transactions
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
6.1
Protection from Cash Flow Risk
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
6.2
Protection from Net Investment Risk Abroad
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Transferred Amounts
VII.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
VIII.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
8.1
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
8.2
Protection from Net Investment Risk Abroad
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
IX.
Term Net Profit or Loss
-
-
-
-
-
-
-
-
36.195
-
-
-
-
36.195
368
36.563
X.
Profit Distribution
-
-
-
-
12.617
-
69.343
668
-
(82.656)
-
-
-
(28)
(5)
(33)
18
10.1
Distributed Dividend
-
-
-
-
-
-
-
-
-
(18)
-
-
-
(18)
(5)
(23)
10.2
Amount Transferred to Reserves
-
-
-
-
12.617
-
69.343
-
-
(81.960)
-
-
-
-
-
-
10.3
Other
-
-
-
-
-
-
-
668
-
(678)
-
-
-
(10)
-
(10)
XI.
Capital Increase
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
11.1
In cash
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
11.2
Material Fixed Assets Reevaluation Value Increases
Subsidiaries, Depended Companies and Controlled
Companies Free of Charge Share Certificates
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Mobile Asset Value Increase Fund
Paid Capital Inflation Correction Difference
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
11.3
11.4
11.5
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
11.6
Share Certificate Issuance
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
11.7
Currency Differences
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
11.8
Other
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
XII.
Change as a result of selling the assets
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
XIII.
Changes as a result of reclassification of the assets
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
XIV.
Payables like Primary Capital
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
XV.
Payables like Secondary Capital
Effects of Changes on Subsidiary Equities on Bank
Equities
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
121
-
-
-
-
-
121
(715)
(594)
125.000
59.300
552
-
22.796
-
81.773
(2.876)
36.195
12.441
-
-
16.651
351.832
2.991
354.823
125.000
59.300
552
-
22.796
-
81.773
(2.876)
-
48.636
-
-
16.651
351.832
2.991
354.823
XVI.
Term End Balance (III+IV+…...+XIV+XV+XVI)
CURRENT TERM
(31/12/2006)
I.
Previous Term End Balance
Interim Changes
II.
Increase/Decrease stem from Merger
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
III.
-
-
-
-
-
-
-
-
-
-
-
-
(9.867)
(9.867)
-
(9.867)
IV.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
4.1
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
4.2
Protection from Net Investment Risks in Abroad
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Transferred Amounts
V.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
VI.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
6.1
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
6.2
Protection from Net Investment Risks in Abroad
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
VII.
Term Net Profit
-
-
-
(2.004)
43.557
-
19
-
-
-
VIII.
Profit Distribution
-
-
-
-
8.1
-
-
-
8.2
Amount Transferred to Reserves
-
-
-
8.3
Other
-
-
IX.
Capital Increase
-
-
9.1
In cash
-
9.2
-
9.3
Tangible Fixed Assets Reevaluation Value Increases
Subsidiaries, Depended Companies and Jointly Controlled
Companies Free of Charge Share Certificates
9.4
Mobile Asset Value Increase Fund
9.5
9.6
-
45.561
-
-
-
-
45.561
36.002
-
-
(38.149)
-
-
-
-
(11)
(11)
2.147
-
-
-
-
-
-
-
-
-
-
-
-
(11)
(11)
-
2.147
-
36.002
-
-
(38.149)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
29.935
-
-
29.935
2.066
32.001
-
-
-
-
-
-
-
-
-
-
-
-
-
2.066
2.066
-
-
-
-
-
-
-
-
-
29.935
-
-
29.935
-
29.935
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Paid Capital Inflation Correction Difference
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
9.7
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
9.8
Other
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
X.
Changes stem from the Sale of the Assets
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
XI.
Changes stem from the Reevaluation of the Assets
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
XII.
Payables like Primary Capital
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
XIII.
Payables like Secondary Capital
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
XIV.
Effect of the Changes of Company Equities on Bank Equity
-
-
-
-
-
-
-
187
-
-
-
-
-
187
179
366
125.000
59.300
552
-
24.943
-
117.775
(2.689)
45.561
10.487
29.935
-
6.784
417.648
3.221
420.869
Term End Balance (I+II+III+...+XII+XIII+XIV)
20
ŞEKERBANK T.A.Ş. CONSOLIDATED EQUITY CHANGE TABLE
CHANGES
ON EQUITY ITEMS
Footnote
Paid
Paid Capital
Inflation
Correction
Difference
Capital
Share
Certificate
Share
Certificate
Issuance
Premiums
Cancellation
Profits
Legal
Reserves
Statuary
Extra
ordinary
Reserves
Capital
Reserves
Other
Term Net
Previous Term
Reserves
Profit / (Loss)
12.430
5.730
-
-
-
-
12.430
5.730
-
Profit / (Loss)
Reevaluation
Fund
Reevaluation
Mobile Asset
Total
Value Increase
Value Increase
Fund
Equity
PREVIOUS TERM
( 31.03.2005)
I. Previous Term End Balance
II. Changes on Accounting Policies
III. New Balance (I + II)
IV. Net Term Profit or Loss
125.000
59.300
-
-
125.000
59.300
-
-
11.179
552
-
-
-
-
552
-
11.179
-
-
-
V. Profit Distribution
-
-
-
-
27
5.1. Distributed Dividend
-
-
-
-
-
5.2. Amount Transferred to Reserves
-
-
-
-
5.3. Other
-
VI. Capital Increase
-
6.1. In cash
6.2. Reevaluation Fund
-
-
-
-
27
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
6.4. Mobile Asset Value Increase Fund
-
-
-
-
-
-
6.6. Share Certificate Issuance
-
-
6.7. Currency Differences
-
-
6.8 Other
-
-
VII. Debentures that can be turned into Share
Certificates
-
-
125.000
59.300
Term End Balance (I+II+IV+V+VI+VII)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
552
-
11.206
-
-
-
-
-
-
-
-
55.457
-
-
-
-
15.550
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(48)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(48)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
12.430
5.730
15.550
55.457
-
-
(48)
81.773
5.730
668
-
16.651
-
55.457
-
-
6.3. Reevaluation Value Increase
6.5. Paid Capital Inflation Correction Difference
-
269.648
269.648
15.550
27
27
(48)
(48)
-
285.177
CURRENT TERM
(31.03.2006)
I. Previous Term End Balance
125.000
59.300
552
-
22.784
21
-
-
13.724
326.182
Increases within the Term:
II. From Mobile Assets Ready for Sale
-
-
-
-
-
2.1.Net Current Value Profit / Loss
-
-
-
-
-
III. Protection from Cash Flow Risks
-
-
-
-
-
3.1.Net Current Value Profit / Loss
-
-
-
-
-
IV. From Mobile Assets Ready for Sale
-
-
-
-
-
4.1. Amounts Transferred to Net Profit
-
-
-
-
-
-
2.687
-
-
-
-
-
-
2.687
-
-
-
-
-
-
2.687
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(16.656)
(16.656)
-
-
-
-
-
-
(16.656)
(16.656)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
12.684
-
-
-
-
35.177
-
-
(37.030)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2.687
-
Transferred Amounts:
V. Protection from Cash Flow Risk
-
-
-
-
-
5.1.Amounts Transferred to Net Profit
-
-
-
-
-
5.2.Amounts Transferred to Assets
-
-
-
-
-
VI. Term Net Profit
-
-
-
-
-
VII. Profit Distribution
-
-
-
-
1.853
7.1. Distributed Dividend
-
-
-
-
-
7.2. Amount Transferred to Reserves
-
-
-
-
1.853
7.3. Other
-
-
-
-
VIII. Capital Increase
-
-
-
-
-
8.1. In cash
-
-
-
-
-
8.2. Reevaluation Fund
-
-
-
-
-
8.3. Reevaluation Value Increase
-
-
-
-
-
8.4. Mobile Asset Value Increase Fund
-
-
-
-
-
8.5. Paid Capital Inflation Correction Difference
-
-
-
-
-
8.6. Share Certificate Issuance
-
-
-
-
-
8.7. Currency Differences
-
-
-
-
-
8.8 Other
-
-
-
-
-
IX. Debentures that can be converted to Share
Certificates
-
-
-
-
-
125.000
59.300
552
-
24.637
Term End Balance
22
-
-
35.177
-
-
(37.030)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
116.950
5.730
12.684
(23.306)
668
-
2.682
-
12.684
-
324.897
ŞEKERBANK T.A.Ş. CONSOLIDATED EQUITY CHANGE TABLE
CHANGES ON EQUITY
ITEMS
Footnote
Paid
Paid Capital
Inflation
Correction
Difference
Capital
CURRENT TERM
Share
Certificate
Issuance
Premiums
Share
Certificate
Legal
Cancellation
Profits
Reserves
Statuary
Extra
ordinary
Other
Term
Net
Previous
Term
Reevaluation Reevaluation
Reserves
Capital
Reserves
Reserves
Profit /
(Loss)
(2.689)
-
Profit /
(Loss)
Value
Increase
Fund
Mobile
Asset
Value
Increase
Fund
Except
Minority
Right
Minority
Total
Total
Equity
Right
Equity
(01/01/2007 - 31/03/2007)
I.
II.
III.
IV.
4.1
4.2
Previous Term End Balance
Interim Changes
Increase/Decrease stem from
Merger
From Mobile Assets Ready
for Sale
From
Risk
Protection
Transactions
Protection from Cash Flow
Risk
Protection
from
Net
Investment Risks in Abroad
125.000
59.300
552
-
24.943
-
117.775
56.048
29.935
-
6.784
417.648
3.221
420.869
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(1.648)
(1.648)
(7)
(1.655)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
6.2
Transferred Amounts
From Mobile Assets Ready
for Sale
From
Risk
Protection
Transactions
Protection from Cash Flow
Risk
Protection
from
Net
Investment Risks in Abroad
VII.
Term Net Profit
V.
VI.
6.1
VIII. Profit Distribution
8.1
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
36.456
-
-
-
-
36.456
401
36.857
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
8.2
Amount
Transferred
Reserves
8.3
Other
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
IX.
Capital Increase
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1.348
1.348
to
23
9.1
9.5
In cash
Tangible Fixed Assets
Reevaluation Value Increases
Subsidiaries, Depended
Companies and Jointly
Controlled Companies Free of
Charge Share Certificates
Mobile Asset Value Increase
Fund
Paid Capital Inflation
Correction Difference
9.6
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
9.7
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(58)
-
-
(58)
-
(58)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(87)
-
-
-
-
-
(87)
(185)
(272)
125.000
59.300
552
-
24.943
-
117.775
(2.776)
36.456
56.048
29.877
-
5.136
452.311
4.778
457.089
9.2
9.3
9.4
9.8
Other
Changes stem from the Sale
X.
of the Assets
Changes stem from the
XI.
Reevaluation of the Assets
Payables
like
Primary
XII. Capital
Payables like Secondary
XIII. Capital
Effect of the Changes of
Company Equities on Bank
XIV. Equity
Term
End
Balance
(I+II+III+...+XII+XIII+XIV)
XII
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1.348
1.348
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
24
-
B.
EXPLANATIONS ON THE CONSOLIDATED FINANCIAL TABLES OF THE COMPANY
PREPARED ACCORDING TO TURKISH ACCOUNTING STANDARDS
1.
Rules related to the corrections of the financial tables according to the inflation:
It was seen that with the decision of Banking Regulation and Supervision Agency dated
21.04.2005 and numbered 1623 and Announcement dated 28.04.2005 the indicators stated in
Article 5 of the Accounting Standards related to the Accounting Application Regulation were
eliminated and it was decided that the banks do not have to prepare the financial tables
according to the provisions of this announcement. Pursuant to this decision inflation accounting
was started to be applied as of 01.01.2005.
2.
If the Company is required to prepare consolidated financial tables;
a) Trade titles and the addresses of the financial fixed assets within consolidation
coverage:
ŞEKER YATIRIM DURAN VARLIKLAR A.Ş. : Fulya Mahallesi Şenol Sokak No:13/3
Şişli/ISTANBUL
ŞEKER FAKTORİNG HİZMETLERİ A.Ş. : Fulya Mahallesi Şenol Sokak No:13/1 34394
Şişli/ISTANBUL
ŞEKER FİNANSAL KİRALAMA A.Ş. : Nispetiye Caddesi Tanburi Ali Efendi Sokak No:1
Etiler/ISTANBUL
ŞEKERBANK OFF-SHORE LİMİTED : Atatürk Cad. Muhtar Yusuf Galleria F Blok K:3
Lefkoşa/K.K.T.C.
ŞEKERBANK (KIBRIS) LİMİTED : Atatürk Cad. Muhtar Yusuf Galleria, F Blok Kat:2
Lefkoşa/K.K.T.C.
ÇALIK-ŞEKER KONSORSİYUM YATIRIM A.Ş. : Keresteciler Sitesi, Fatih Caddesi Selvi
Sokak No: 18 Merter/Istanbul
b) Financial fixed assets excluded from consolidation and the reasons for exclusion:
YATIRIM FİNANSMAN DURAN VARLIKLAR A.Ş.
İMKB TAKAS VE SAKLAMA BANKASI A.Ş.
ISTANBUL ALTIN RAFİNERİSİ A.Ş.
The financial fixed assets whose names are given above are excluded from consolidations
pursuant to the provisions of Article 5 of the Announcement of Banking Regulation and
Supervision Agency on “Correction of the Consolidated Financial Tables of the Banks”. In this
article it is said that “...(4) provided to be proven by the documents to be taken from the official
bodies, if there are significant restrictions for obtaining the financial tables and information
required for correction of the consolidated financial tables by the main company, the subject
financial tables of the subject company shall not be taken within the consolidation coverage. (5)
If the actives total of a depended company, jointly controlled Company or subsidiary in the
form of a credit or financial institution is less than one percent of the active totals of the bank
and the total shares of the depended company, jointly controlled Company or subsidiary in the
form of a credit or financial institution is less than bank actives total, such companies can be
excluded from the consolidation coverage by taking the priority principle. (6) if the total share
23
of the depended company, jointly controlled Company or subsidiary in the form of a credit or
financial institution is more than five percent of the active total of the main bank, the
companies that shall not be consolidated shall be determined by the parent company provided
that this rate is not exceeded.”
c) Summary information on consolidation principles:
Consolidated financial tables, were issued in compliance with the provisions of the Banking
Regulation and Supervision Agency on “Arrangement of the Bank Consolidated Financial
Tables” published on Official Gazette dated 08.11.2006 and numbered 26340.
The companies in which the Mother Company Bank directly or indirectly has 50% or more of the
shares or have the right to control its activities and which can have a material effect on the
financial tables of the Bank are subject to full consolidation. If he Bank has the right to determine
the financial and administrative policies in favor of the Bank it shall be deemed as control. If the
Bank does not own the 100% of the consolidated Company, equity and the net profit of the third
parties shall be shown separately under minority shares.
The incorporations that contribute to the financial and operational decisions of the Partner
Company Bank and have a significant efficiency are considered as subsidiaries. Although there
are subsidiaries in which the Mother Company Bank owns the shares and voting rights at rates
changing between 10% and 50%, there aren’t any subsidiaries that might effect the bank financial
tables significantly except Çalık-Şeker Konsorsiyum A.Ş. and therefore the subject subsidiary
was not included in the consolidation by equity method, and shown by its indexed costs in the
financial tables.
d) Share rates and amounts other than the main company:
Title
Shareholding of the
Parent Company –If
different voting rate (%)
Share Percentage
of Bank Risk
Groups (%)
Şekerbank Kıbrıs Ltd.
Lefkoşa/K.K.T.C
91,91
91,91
Şeker Finansal Kiralama A.Ş.
Istanbul/Turkey
43,01
43,01
Şekerbank Off-Shore
Lefkoşa/K.K.T.C
74,30
75,67
Şeker Yatırım Duran Varlıklar A.Ş. Istanbul/Turkey
99,04
99,04
Istanbul/Turkey
84,99
84,99
Şeker Factoring Hizmetleri A.Ş.
3.
Address(City/
Country)
Depreciation Expenditures and amortization shares (THOUSAND YTL):
Total Depreciation Expenditures:
- Within Sale Costs
- Within Overhead Management Expenditures
- Within Idle Capacity Expenditures
Depreciation and Amortization Shares
TOTAL
24
Intermediate Term
31/03/2007
4.280
4.280
4.280
Last Annual Financial
Term
10.929
10.929
10.929
4.
Rediscount and Provision Expenditures (THOUSAND YTL):
Special Provision for Credits and Other Receivables
From III. Group Credits and Receivables
From IV. Group Credits and Receivables
From V. Group Credits and Receivables
General Provision Expenditures
Free Provision Expenditures Allocated for Possible Risks
Mobile Assets Value Decrease Expenditures
Mobile Assets Reflected to the Real Value Difference Profit
or Loss
Mobile Assets Ready for Sale
Subsidiaries, Depended Companies and VKET Mobile Assets
Value Decrease Expenditures
Subsidiaries
Depended Companies
Jointly Controlled Companies
Mobile Assets to be kept up to their due days
Other
Total
5.
Intermediate Term
31/03/2007
1.582
123.395
38.188
34.093
4.095
85.207
119.607
42.490
40.596
1.894
77.117
2.206
(THOUSAND YTL)
7.
8.
9.
Last Annual
Financial Term
82.541
58.846
2.823
20.872
8.522
4.411
361
2.821
10.907
34
327
493
196
297
8.582
52.155
5.248
753
4.495
50.456
151.539
Finance Expenditures and Currency Differences (THOUSAND YTL):
Interest given to the Used Credits
Profit
Capital Market Transactions Profit
From Derivative Transactions
Other
Profit from Foreign Currency Transactions
Loss (-)
Capital Market Transactions Loss
From Derivative Transactions
Other
Loss from Foreign Exchange Transactions
Total (Net)
6.
Intermediate
Term
31/03/2007
23.134
19.571
455
3.108
6.218
13.728
Redundancy indemnification provision
allocated
Redundancy indemnification provision
paid
Insurance Premium Payables not paid on
due date
Personnel expenditures
25
Last Annual
Financial Term
3.537
293.253
169.151
132.604
36.547
124.102
301.739
158.604
126.368
32.236
143.135
(12.023)
Intermediate Term
31/03/2007
718
Last Annual Financial
Term
1.477
3.006
660
NO
NO
38.390
140.325
10.
11.
a) Evaluation, inventory and depreciation
allocation methods applied for the stocks
and other balance sheet items, the changes
made on those and other accounting
policies and their reasons
b) Monetary effects of the changes
NO
NO
NO
NO
The Reasons of not making a stock count
partially or as a whole if exists
NO
NO
12.
Existing total deposit or security amounts on actives: NO
13.
Total insurance amounts of actives: Mobile premium amount 246.526,37.-YTL, Real estate Risk
Premium Amount: 320.524,30-YTL – Real estate DASK premium amount 21.548,18-YTL
a) As of the last financial term (31/12/2006);
Type of the
Insured Active
Insurer
Company
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Şeker Sigorta A.Ş.
The Insured
Amount
Amount
Registered in Actives
375.370,00
305.800,00
2.820.444,00
273.240,00
93.500,00
337.000,00
112.200,00
51.500,00
633.600,00
96.360,00
79.200,00
153.120,00
528.000,00
87.120,00
24.777,00
83.750,00
198.000,00
77.627,00
104.544,00
47.336,00
8.500.000,00
200.000,00
1.450.000,00
1.500.000,00
2.500.000,00
1.000.000,00
3.695.000,00
123.750,00
65.400,21
178.000,00
154.000,00
74.800,00
302.000,00
222.200,00
763.159,83
17.600,00
2.059.200,00
256.300,00
26
318.417,87
233.117,64
2.079.366,02
207.450,63
75.759,47
254.841,33
104.904,13
43.707,12
479.764,90
Determined amount
62.688,97
112.873,47
Determined amount
79.717,28
24.777,00
69.293,93
169.285,76
77.627,00
Determined amount
47.336,00
Determined amount
Determined amount
Determined amount
Determined amount
Determined amount
Determined amount
Determined amount
Determined amount
65.400,21
66.781,19
167.535,22
277.955,54
240.034,58
114.479,16
763.159,83
14.522,05
770.440,40
231.158,15
Insurance
Insurance
Commencement
Completion
Date
Date
23.01.2006
23.01.2007
06.02.2006
06.02.2007
19.02.2006
19.02.2007
26.02.2006
26.02.2007
06.03.2006
06.03.2007
21.03.2006
21.03.2007
03.04.2006
03.04.2007
09.04.2006
09.04.2007
17.04.2006
17.04.2007
18.04.2006
18.04.2007
29.04.2006
29.04.2007
29.04.2006
29.04.2007
07.05.2006
07.05.2007
09.05.2006
09.05.2007
12.05.2006
12.05.2007
21.05.2006
21.05.2007
29.05.2006
29.05.2007
01.06.2006
01.06.2007
04.06.2006
04.06.2007
07.06.2006
07.06.2007
20.06.2006
20.06.2007
20.06.2006
20.06.2007
20.06.2006
20.06.2007
20.06.2006
20.06.2007
20.06.2006
20.06.2007
20.06.2006
20.06.2007
21.06.2006
21.06.2007
21.06.2006
21.06.2007
26.06.2006
26.06.2007
26.06.2006
26.06.2007
02.07.2006
02.07.2007
02.07.2006
02.07.2007
10.07.2006
10.07.2007
10.07.2006
10.07.2007
14.07.2006
14.07.2007
15.07.2006
15.07.2007
29.07.2006
29.07.2007
30.07.2006
30.07.2007
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Real estate
Real estate
Real estate
Real estate
Real estate
Real estate
38.445,50
104.854,00
18.500,00
742.990,00
9.055,00
67.400,00
10.140,00
19.080,00
76.000,00
83.600,00
412.500,00
412.500,00
91.462,00
14.581,00
72.200,00
74.250,00
24.209,30
586.850,00
200.200,00
13.815,00
103.234,00
67.700,00
38.500,00
145.695,00
41.400,00
41.400,00
145.695,00
101.000,00
10.186,00
790.240,00
724.000,00
38.500,00
12.765,32
75.350,00
151.366,00
13.200,00
109.858,00
106.978,00
115.500,00
162.994,00
162.250,00
25.287.812,00
170.000,00
295.000,00
110.000,00
535.000,00
225.000,00
27
38.445,50
104.854,00
Determined amount
742.990,00
9.055,00
67.956,91
10.140,00
19.080,00
83.729,60
32.642,11
Determined amount
260.108,00
91.463,00
14.581,00
Determined amount
Determined amount
24.209,30
157.312,03
198.086,54
13.815,00
103.235,00
Determined amount
63.129,07
145.695,00
41.400,00
41.400,00
145.695,00
110.245,66
10.186,00
Determined amount
430.098,00
39.136,31
12.765,32
58.955,25
151.367,00
14.132,29
109.859,00
106.979,00
137.360,14
162.995,00
138.493,31
25.287.812,00
170.000,00
295.000,00
110.000,00
535.000,00
225.000,00
31.07.2006
01.08.2006
07.08.2006
15.08.2006
20.08.2006
25.08.2006
29.08.2006
31.08.2006
08.09.2006
08.09.2006
11.09.2006
11.09.2006
14.09.2006
18.09.2006
21.09.2006
26.09.2006
29.09.2006
03.10.2006
04.10.2006
11.10.2006
12.10.2006
17.10.2006
17.10.2006
20.10.2006
20.10.2006
20.10.2006
20.10.2006
20.10.2006
26.10.2006
30.10.2006
30.10.2006
03.11.2006
05.11.2006
14.11.2006
14.11.2006
18.11.2006
21.11.2006
28.11.2006
16.12.2006
28.12.2006
30.12.2006
02.06.2006
19.09.2006
19.10.2006
08.11.2006
20.11.2006
20.12.2006
31.07.2007
01.08.2007
07.08.2007
15.08.2007
20.08.2007
25.08.2007
29.08.2007
31.08.2007
08.09.2007
08.09.2007
11.09.2007
11.09.2007
14.09.2007
18.09.2007
21.09.2007
26.09.2007
29.09.2007
03.10.2007
04.10.2007
11.10.2007
12.10.2007
17.10.2007
17.10.2007
20.10.2007
20.10.2007
20.10.2007
20.10.2007
20.10.2007
26.10.2007
30.10.2007
30.10.2007
03.11.2007
05.11.2007
14.11.2007
14.11.2007
18.11.2007
21.11.2007
28.11.2007
16.12.2007
28.12.2007
30.12.2007
02.06.2007
01.06.2007
01.06.2007
01.06.2007
01.06.2007
01.06.2007
b) Final situation (as of 31/03/2007); Mobile Asset prim amount 670.877,70.-YTL, Real estate Risk Prim
Amount: 323.769,24 -YTL – Real estate DASK prim amount 24.745,32 -YTL
Insured
Active Type
Insurer
Company
Amount taken as
a base for
Insurance
Mobile Asset
42.135,00
Mobile Asset
108.750,00
Mobile Asset
401.720,00
Mobile Asset
5.595,00
Mobile Asset
8.250,00
Mobile Asset
55.110,00
Mobile Asset
12.524,00
Mobile Asset
3.102.500,00
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Mobile Asset
Real estate
Real estate
Real estate
Real estate
Real estate
15.945,00
9.350,00
105.765,00
14.882,16
34.723,00
1.925,00
52.470,00
122.996,00
72.600,00
24.200,00
29.911,00
2.652.250,00
1.578.118,00
269.806,00
145.282,00
5.000.000,00
294.000,00
295.600,00
183.900,00
1.574.650,00
58.500,00
28
Amount
Insurance
Insurance
Registered under Commencement
Completion Date
Actives
Date
Determined
19.03.2007
19.03.2008
amount
Determined
30.01.2007
30.01.2008
amount
Determined
02.03.2007
02.03.2008
amount
Determined
23.01.2007
23.01.2008
amount
Determined
23.01.2007
23.01.2008
amount
Determined
23.01.2007
23.01.2008
amount
Determined
23.01.2007
23.01.2008
amount
Determined
19.02.2007
19.02.2008
amount
15.945,00
06.01.2007
06.01.2008
9.350,00
31.01.2007
31.01.2008
105.765,00
31.01.2007
01.02.2008
14.882,16
22.01.2007
22.01.2008
34.723,00
22.01.2007
22.01.2008
1.925,00
27.02.2007
27.02.2008
58.506,55
01.02.2007
01.02.2008
122.996,00
22.03.2007
22.03.2008
55.107,33
20.04.2007
20.04.2008
19.470,54
03.03.2007
03.03.2008
23.627,02
12.02.2007
12.02.2008
2.652.251,00
04.04.2007
04.04.2008
1.578.119,00
20.03.2007
20.03.2008
269.807,00
15.03.2007
15.03.2008
145.283,00
30.03.2007
30.03.2008
5.000.000,00
25.12.2006
25.12.2007
294.000,00
02.01.2007
01.06.2007
295.600,00
03.01.2007
01.06.2007
183.900,00
04.01.2007
01.06.2007
1.574.640,00
27.02.2007
06.07.2007
58.500,00
27.03.2007
01.06.2007
14.
Total amount of the deposits and other securities taken for receivables
a) For last financial term (as of 31/12/2006);
Deposit/
In case of
Securities (İ/T/)
Deposit
Issuing
its class
Party
DEPOSIT
CASH
MOBILE ASSET
OPERATION
PLEDGE
SECURITY
VEHICLE
DEPOSIT
SHARE
CERTIFICATE
TOTAL
-
Deposit
Issuance
Date
-
Date of
Cancellati
on
-
-
-
-
-
198.880
2.877
-
-
-
-
-
-
-
558.916
-
b) Final situation (as of 31/03/2007);
Deposit/
In case of
Securities (İ/T/)
Deposit
Issuing
its class
Party
DEPOSIT
CASH
MOBILE ASSET
OPERATION
PLEDGE
SECURITY
VEHICLE DEPOSIT
SHARE
CERTIFICATE
TOTAL
-
15.
Amount
2.802.437
84.119
17.769
(If exists)
Other
Issues
Currenc
y Type
-
4.137
3.669.136
-
Deposit
Issuance
Date
-
Date of
Cancellati
on
-
Amount
3.473.219
203.809
18.330
Currenc
y Type
-
-
-
259.135
4.376
758.030
-
-
-
-
59.507
4.776.404
-
-
(If exists)
Other
Issues
-
Total amount of the undertakings not included in passives:
a) Final financial term (as of 31/12/2006);
Undertaki
Undertaki
Undertaking Type
ng
ng
Commence Completio
ment
n Date
Date
Undertakings
for Time Active
Asset Purchase
Credit Allocation
Undertakings with
Disposal Guarantee
Payments
Undertakings for
Checks
Credit Card
Expenditure Limit
Undertakings
Credit Card
Promotion
Undertakings
TOTAL
Term
Reason for
Undertaking
Undertakin
g given to
Amount
(Thousa
nd
YTL)
Currenc
y Type
-
-
-
48.607
-
-
-
-
-
-
794
-
-
-
-
-
-
500.001
-
-
-
-
-
-
210.368
-
-
-
-
-
-
3.765
-
-
-
-
-
763.535
-
29
b) Final Situation (as of 31/03/2007);
Undertaki
Undertaki
Undertaking Type
ng
ng
Commence Completio
ment
n Date
Date
Undertakings
for Time Active
Asset Purchase
Credit Allocation
Undertakings with
Disposal Guarantee
Payments
Undertakings for
Checks
Credit Card
Expenditure Limit
Undertakings
Credit Card
Promotion
Undertakings
TOTAL
Amount
(Thousa
nd
YTL)
Term
Reason for
Undertaking
Undertakin
g given to
Currenc
y Type
-
-
-
32.920
-
-
-
-
-
-
1.723
-
-
-
-
-
-
552.705
-
-
-
-
-
-
219.478
-
-
-
-
-
-
3.952
-
-
-
-
-
810.778
-
16.
Blocked Deposit Amounts kept at Banks:
NO
17.
The issues required to be explained as of the balance sheet date (31/12/2006):
All the legal permissions and approvals for the transfer of 24.438.773 shares (%19,5510) of
Şekerbank T.A.Ş. Personnel Additional Social Security and Support Fund Foundation, which is a
main shareholder of Şekerbank T.A.Ş. and 18.034.612 shares (%14,4277) of Şekerbank T.A.Ş.
Personnel Social Insurance Fund Foundation, which is also a main shareholder of Şekerbank
T.A.Ş. in total 42.473.385 shares of (%33,9787) Şekerbank T.A.Ş. capital to TuranAlem Securities
JSC against the payment of YTL 424.733.850 were taken and the transfer transaction was realized
on 15 March 2007 at İMKB Whole Sales Market and a General Assembly Meeting was held on 15
March 2007 at 17:00 and the requirements of the Share Purchase/Sale Agreement were performed
by the Purchasers and the Sellers.
a) As of the final accounting period (31.12.2006);
1) Issues required to be corrected:
i)
Accounting mistakes and tricks revealed after the
(NO)
balance sheet date:
ii)
To make the purchase costs or sale revenues of the
(NO)
assets definite after the balance sheet date:
iii)
Revealing the losses incurred in the value of the assets
(NO)
after the balance sheet date:
(NO)
iv)
Obtaining information or documents revealing that
there is a continuous loss in the value of the Company’s
subsidiaries (including the depended companies ):
v)
Obtaining new findings that might effect the net
(NO)
realizable value of the stocks:
vi)
Bankruptcy of the debtors or starting new discussions with the debtors on the
payable amounts:.
As of 31.12.2006 there are 173 pending protocols and the total agreed amount is YTL
71.804.021.
30
vii)
Receiving the demanded insurance indemnification or
have them received:
Issue
Amount
IT materials – Electronic goods and
Wooden sitting groups
viii)
ix)
2)
837.843,00.YTL
(YES)
Explanation
Collected by Şeker Sigorta
A.Ş. Due to Metrocity fire.
(Collection)
Electronic Goods Policy
823,00.YTL
Collection (Notebook)
927,00.YTL
Collection(POS)
1.000,00.YTL
840,00.YTL
Collection (Notebook)
Collection(POS)
Changes on tax rates:
Similar events:
(NO)
(NO)
Issues required to be explained:
i)
Mergers and acquisitions:.
Şekerbank T.A.Ş. Personnel Additional Social Security and Support Fund Foundation
and Şekerbank T.A.Ş. Personnel Social Insurance Fund Foundation executed a Share
Sale/Purchase Agreement with Bank TuranAlem Group for the sale of Şekerbank
T.A.Ş. shares on 21.06.2006.
ii)
Changes in the operational structure, expansion or
(NO)
constriction of activities or commencing new activities:
iii)
Occurrence of value loss on the assets after the balance
(NO)
sheet date:
iv)
Capital Increase and other material mobile asset
(NO)
issuances:
v)
Material tangible fixed asset purchase or sales,
(NO)
participation to or by other companies:
vi)
Strike and other similar disputes:
(NO)
vii)
Increase on Redundancy Indemnification Limits:
(NO)
viii) Similar Events:
(NO)
1) Issues Required to be Corrected:
i)
Accounting mistakes and tricks revealed after the
balance sheet date:
ii)
Making the purchase costs or sale revenues of the assets
definite after the balance sheet date:
iii)
Revealing the losses incurred in the value of the assets
after the balance sheet date:
iv)
Obtaining information or documents revealing that
there is a continuous loss in the value of the Company’s
subsidiaries (including the depended companies ):
v)
Obtaining new findings that might effect the net
realizable value of the stocks:
31
(NO)
(NO)
(NO)
(NO)
(NO)
vi)
2)
18.
Bankruptcy of the debtors or starting new discussions
(YES)
with the debtors on the payable amounts:.
As of 31.03.2007 there are 181 pending protocols and the total agreed amount is YTL
45.263.730.-YTL.
vii)
Receiving the demanded insurance indemnification or
(NO)
have them received:
viii) Changes on tax rates:
(NO)
ix)
Similar events:
(NO)
Issues Required to be Explained:
i)
Mergers and Acquisitions:
(NO)
It was decided to transfer %19,55 of the Company shares that belong to Şekerbank
T.A.Ş. Personnel Additional Social Security and Support Fund Foundation and %14,43
of the Company shares that belong to Şekerbank T.A.Ş. Personnel Social Insurance
Fund Foundation in total %33,98 of the capital of Şekerbank T.A.Ş. to Bank
TuranAlem Group against a payment of 10 YTL for each share with a nominal value of
10 YTL and the transfer of %33,98 of the Company capital was realized on 15.03.2007.
ii)
Changes in the operational structure, expansion or
(NO)
constriction of activities or commencing new activities:
iii)
Occurrence of value loss on the assets after the balance
(NO)
sheet date:
iv)
Capital Increase and other material mobile asset
(NO)
issuances:
v)
Material tangible fixed asset purchase or sales,
(NO)
participation to or by other companies:
vi)
Strike and other similar disputes:
(NO)
vii)
Increase on Redundancy Indemnification Limits:
(YES)
As of 1 January 2007 the redundancy indemnification ceiling was increased to
1.960,69 thousand YTL.
viii) Similar Events:
(NO)
Information on the conditional losses and any kind of conditions
earnings of the Company:
(YES)
a) At the end of last financial period (as of 31/12/2006);
i)
Pending court cases in which the Company is the
(YES-98 Cases)
“claimant” party:
According to the information given by the law department of the Company, as of the
balance sheet date, there are 98 pending court cases opened by the Bank. The total
amount of these cases is 2.922 Thousand YTL.
ii)
Pending court cased in which the Company is the
(YES-201 Cases)
“plaintiff” party:
balance sheet date, there are 201 pending court cases opened against the Bank. The total
amount of these cases is12.807 Thousand YTL.
iii)
Bonds endorsed by the Company to the sellers:
(NO)
iv)
Indemnification demands in favor of the Company:
(YES-11 Cases)
162.213,00 YTL Cases are continuing.
Stem from Employment Cases :
7.000,00 USD
2.684,00 YTL
Traffic Accident Indemnification
23.000,00 YTL
Due to Credits made Available:
498.216,13 YTL
Court of First Instance:
v)
Indemnification Demands against the Company:
(YES-29 Cases)
32
vi)
vii)
viii)
348.074,48 YTL Cases are continuing.
Stem from Employment Cases:
364.121,36 YTL
46.000,00 YTL
Court of First Trade Instance:
257.139,00 YTL
Due to Deposit Conflicts:
1.018.000,00 YTL
Due to Credits Made Available:
Securities and Guarantees given:
(YES)
The total amount of the security letters issued by our Bank for the courts is 14.458
Thousand YTL.
Intentions and preparations for the nationalization of the
(NO)
assets:
Similar events:
(NO)
i)
ii)
iii)
iv)
v)
vi)
vii)
viii)
19.
Pending court cases in which the Company is the
(YES-62 cases)
“claimant” party:
balance sheet date, there are 62 pending court cases opened by the Bank. The total
amount of these cases is 1.461 Thousand YTL.
Pending court cased in which the Company is the
(YES-231 cases)
“plaintiff” party:
balance sheet date, there are 231 pending court cases opened against the Bank. The total
amount of these cases is14.116 Thousand YTL
Bonds endorsed by the Company to the sellers:
(NO)
Indemnification demands in favor of the Company:
(YES-12 Cases)
172.213,00 YTL
Cases are continuing.
Stem from Employment Cases :
7.000,00 USD
2.684,00 YTL
Traffic Accident
23.000,00 YTL
Indemnification
498.216,13 YTL
Due to Credits made Available:
Indemnification Demands against the Company:
(YES-37 Cases)
Cases are continuing.
352.487,70 YTL
Stem from Employment Cases:
364.121,36 YTL
56.000,00 YTL
Court of First Trade Instance:
257.139,00 YTL
Due to Deposit Conflicts:
1.018.000,00 YTL
Due to Credits Made Available:
Securities and Guarantees given:
(YES)
The total amount of the security letters issued by our Bank for the courts is YTL 15.088
thousand.
Intentions and preparations for the nationalization of
(NO)
the assets:
Similar events:
(NO)
Information on the changes about accounting estimations which have
material influence on the gross profit of the Company and their
monetary effects :
33
(NO)
20.
The list of the subsidiaries and depended companies, which has and indirect capital and
management relationship with the Company and the names of the companies within the list of
depended companies and their shareholding rates and amounts, term profit or loss stated in
the last financial statements of such companies, their net term profit or loss, net operational
profit and the terms in which these financial tables were prepared in, if they were prepared in
compliance with the standards defined by SPK, if they were subject to independent audit and
the issuance of the independent audit report (positive, negative or conditional), company
headquarters, capital undertakings for the subsidiaries, reserves, dividend received/ to be
received for the shares hold:
a) In the last financial period (as of 31/12/2006);
Business Company
Trade Title
Scope
Address
Capital
Paid Capital Undertaken
Main
Şeker Yatırım Duran
Varlıklar A.Ş.
Capital
Market
Transactions
Şeker Faktoring Hizm. A.Ş.
Factoring
Services
Financial
Leasing
Services
Şeker Bilişim Sanayi A.Ş.
Information
Technology
Şekerbank Off Shore Limited
Banking
Şekerbank (Kıbrıs) Ltd.
Banking
TARPAM A.Ş.
Service
Sector
Çalık Şeker Konsorsiyum
A.Ş.
Finance
Trade Title
Acquisition
Cost
Fulya Mah. Şenol
Sok.
No: 13/3
Gayrettepe/ İst.
Fulya Mah. Şenol
Sok.
No: 13/1
Gayrettepe/ İst.
Nispetiye Cad.
Tanburi Ali Efendi
Sk. No: 1
Etiler/Istanbul
Bilkent Mh. 2.
Cad. A-Blok Kat:4
Bilkent/Ankara
Atatürk Cad.
Muhtar Yusuf
Galleria F Blok
K:3 Lefkoşa/
K.K.T.C.
Atatürk Cad.
Muhtar Yusuf
Galleria F Blok
K:2 Lefkoşa/
K.K.T.C.
Büyük Sanayi
Çarşısı 1. Cadde
No: 22 İskitler/
ANKARA
Keresteciler Sitesi,
Fatih Caddesi Selvi
Sokak No: 18
Merter Istanbul
(YTL)
(%)
Currenc
y Type
15.000.000
15.000.000
14.855.995
99,04
-
-
7.600.000
7.600.000
6.459.994
84,99
-
-
-
25.000.000
10.405.948
41,62
-
-
750.000
750.000
719.996
95,99
-
506.250
5.000.000 $
5.000.000 $
3.715.000 $
74,30
-
-
14.500.000
14.500.000
14.500.000
89,80
-
-
705.000
705.000
399.704
56,70
-
-
35.500.000
35.500.000
12.070.000
34,00
-
-
Current Year
(Thousand YTL)
Last Year (Thousand YTL)
YDDAF
Varlıklar A.Ş.
Şeker Faktoring Hizm. A.Ş.
Şekerbank Off Shore Limited
Şekerbank (Kıbrıs) Ltd.
Paid
Capital
Undertaki
ngs for
Subsidiarie
s
(YTL)
Reserves
Net Term
Profit/Loss
Net
Operationa
l Profit
Dividend
Received
Independent
Audit
Performed?
Opinion
Dividend
to be
received
17.238.595
-
1.191
929
1.206
1.080
-
YES
Positive
4.947.079
13.077.327
922.209
5.362.984
16.103.102
-
319
1.433
203
41
1.408
(5.928)
173
455
(4.310)
1.809
(5.928)
173
455
(4.416)
2.121
-
-
YES
YES
NO
YES
YES
Positive
Conditional
34
Positive
Positive
TARPAM A.Ş.
Çalık Şeker Konsorsiyum
A.Ş.
1.174.003
-
2.388
(430)
(430)
-
-
NO
12.068.338
-
-
(1.167)
(1.167)
-
-
YES
Positive
Positive
b) Last Situation (as of 31/03/2007);
Trade Title
Business
Scope
Company
Address
Capital
Main
Varlıklar A.Ş.
Capital
Piyasası
İşlemleri
Şeker Faktoring
Hizm. A.Ş.
Faktoring
Hizmetleri
Şeker Finansal
Kiralama A.Ş.
Finansal
Kiralama
Hizmetleri
Şeker Bilişim Sanayi
A.Ş.
Bilişim
Şekerbank Off Shore
Limited
Banking
Şekerbank (Kıbrıs)
Ltd.
Banking
TARPAM A.Ş.
Service
Sector
Çalık Şeker
Konsorsiyum A.Ş.
Finance
Trade Title
Acquisition
Cost
Fulya Mah. Şenol
Sok.
No: 13/3
Gayrettepe/ İst.
Fulya Mah. Şenol
Sok.
No: 13/1
Gayrettepe/ İst.
Nispetiye Cad.
Tanburi Ali Efendi
Sk. No: 1
Etiler/Istanbul
Bilkent Mh. 2.
Cad. A-Blok Kat:4
Bilkent/Ankara
Atatürk Cad.
Muhtar Yusuf
Galleria F Blok
K:3 Lefkoşa/
K.K.T.C.
Atatürk Cad.
Muhtar Yusuf
Galleria F Blok
K:2 Lefkoşa/
K.K.T.C.
Büyük Sanayi
Çarşısı 1. Cadde
No: 22 İskitler/
ANKARA
Keresteciler Sitesi,
Fatih Caddesi
Selvi Sokak No:
18 Merter Istanbul
17.238.595
4.947.079
11.198.453
922.209
5.265.583
16.103.102
Paid
(YTL)
(%)
Currenc
y Type
Capital
Undertaki
ngs for
Subsidiari
es
(YTL)
15.000.000
15.000.000
14.855.995
99,04
-
-
7.600.000
7.600.000
6.459.994
84,99
-
-
-
25.000.000
10.751.955
43,01
-
-
750.000
750.000
719.996
95,99
-
506.250
5.000.000 $
5.000.000 $
3.715.000 $
74,30
-
-
14.500.000
14.500.000
14.500.000
91,91
-
-
705.000
705.000
399.704
56,70
-
-
35.500.000
35.500.000
12.070.000
34,00
-
-
Net Term
Profit/Loss
Reserves
Independent
Audit
Performed?
Current Year
(Thousand YTL)
Last Year (Thousand YTL)
YDDAF
Varlıklar A.Ş.
Şeker Faktoring
Hizm. A.Ş.
Şeker Finansal
Kiralama A.Ş.
Şeker Bilişim Sanayi
A.Ş.
Şekerbank Off Shore
Limited
Şekerbank (Kıbrıs)
Ltd.
Paid Capital Undertaken
Net
Operatio
nal Profit
Dividend
to be
received
Dividend
Received
-
1.191
824
998
-
-
-
318
716
872
-
-
-
1.433
321
321
-
-
-
-
277
277
-
-
294
18
18
-
-
-
40
3.328
3.330
-
-
35
YES
YES
YES
NO
YES
YES
Opinion
TARPAM A.Ş.
Çalık Şeker
Konsorsiyum A.Ş.
1.174.003
12.068.338
-
2.388
(214)
(214)
-
-
-
-
(7)
(7)
-
-
NO
YES
The audit of the subsidiaries was not completed as of 31.03.2007.
21.
Information on the stock exchange values of the mobile assets and financial fixes assets shown on
the basis of their costs in the balance sheet and the cost values of the mobile assets and financial
fixed assets shown on the basis of their stock exchange value in the balance sheet (on the basis of
the last financial tables)
Cost
Value
227.041
789.897
110.759
5.328
Cost
Value
257.876
873.251
108.765
5.674
31.12.2006
Mobile Assets for Sale or Purchase Purposes
Mobile Assets to be Kept by their Due Dates
Subsidiaries
31.03.2007
Mobile Assets for Sale or Purchase Purposes
Mobile Assets to be Kept by their Due Dates
Subsidiaries
22.
Current
Value
231.788
821.572
117.521
13.077
Current
Value
257.993
888.544
111.545
11.198
Information on if there is a mutual partnership with subsidiaries and/or depended companies,
it exists their amounts and rates, and the changes as of the final situation (as of the date of the
last financial statement)
SHAREHOLDING
RATES
ŞEKER FACTORING
ŞEKERBANK
T.A.Ş.
ŞEKER
FACTORING
ŞEKER
YATIRIM
ŞEKER
OFFSHORE
ŞEKER
LEASING
ŞEKER
KIBRIS
MINORITY TOTAL
84,99%
-
-
-
-
-
ŞEKER YATIRIM
99,04%
-
-
-
-
-
0,96%
100.00%
ŞEKER OFFSHORE
74,30%
-
-
-
-
-
25,70%
100.00%
ŞEKER LEASING
43,01%
-
4,25%
-
-
-
52,74%
100.00%
ŞEKER KIBRIS
91,91%
-
-
-
-
-
8,09%
100.00%
SHAREHOLDING
RATES
ŞEKER FACTORING
ŞEKER YATIRIM
ŞEKER OFFSHORE
ŞEKER LEASING
ŞEKER KIBRIS
ŞEKERBANK
T.A.Ş.
ŞEKER
FACTORING
ŞEKER
YATIRIM
ŞEKER
OFFSHORE
ŞEKER
LEASING
ŞEKER
KIBRIS
15,01%
100.00%
MINORITY TOTAL
7.415
-
-
-
-
-
-
7.415
17.721
-
-
-
-
-
-
17.721
4.645
-
-
-
-
-
-
4.645
11.198
-
1.768
-
-
-
-
12.966
263
-
-
-
-
-
-
263
36
23.
The Amount of the free of charge share certificates due to the capital increase made by the
equities of the subsidiaries and depended companies:
a) In the Last Financial Term (as of 31.12.2006) ;
Subsidiaries/ Depended Companies
Şeker Faktoring Hizmetleri A.Ş.
Çalık Şeker Konsorsiyum Yatırım A.Ş.
Istanbul Altın Rafinerisi A.Ş.
TOTAL
Amount (Thousand YTL)
2,210
2,971
248
0,250
5.429
b) Last situation as of the last date of financial term (between 31.12.2006 and 31.03.2007);
Subsidiaries/ Depended Companies
Amount (Thousand YTL)
Yatırım Finansman Duran Varlıklar A.Ş.
3
TOTAL
3
24.
Profit Distribution Policies of Each Subsidiary:
Profit distributions of the subsidiaries is made in compliance with the decisions taken by the General
Assemblies
25.
Information on the future material investments of the subsidiaries:
In Şeker Bilişim; It is planned to make license and human resources investments according to the
projects to be realized.
Tarpam A.Ş.; In 2006, The Company applied the tenders opened by subsidiaries of T. Elektrik
Dağıtım A.Ş (Başkent, Boğaziçi, Uludağ, Gediz, Trakya Elektrik Dağıtım A.Ş.) and started to the
“electricity invoice collections”. These tenders shall continue in 2007. The term of the tenders
opened pursuant to the provisions of K.İ.K. General Announcement is one year and they shall be
renewed every year. At the moment invoice collection is made in Istanbul, Ankara and Bursa
regions. Offices are established in İzmir and Tekirdağ and it is planned to start the collections in
these regions in June 2007.
In Şeker Faktoring; It is planned to transfer the Company Headquarters to Gümüşsuyu in 2007 and
transform the 4 existing correspondence offices to the branches and open two additional branches. It
was planned to make online connections between the branches and the headquarters and the
feasibility works were started.
26.
Payment Plans of the Company fort he mid and long term bank loans:
TOKİ LOANS
GSM LOANS
GSM LOANS
GSM LOANS
TOTAL
27.
Due
Date
2010
2008
2009
2010
Amount
Thousand YTL
48.099
3.191
3.480
783
55.553
The amounts of the payables and receivables in foreign currency and not covered by a foreign
exchange guarantee and the monetary amounts within the actives and the YTL exchange
currency rates:
37
Information on the currency risks of Mother Company:
Assets
Current Assets (Cash, Effective Stock, Money on Way, Purchased Checks) and Turkish Republic
Central Bank)
USD
AUD
CAD
CHF
DKK
EUR
GBP
NOK
SEK
Receivables from Banks and Other Financial Institutions
USD
AUD
CAD
CHF
DKK
EUR
GBP
JPY
KWD
NOK
SAR
SEK
Financial Assets Reflected to the Real Value Difference Profit or Loss
USD
EUR
Receivables from Monetary Markets
Financial Assets Ready to Sale
USD
EUR
Credits
USD
EUR
GBP
Subsidiaries, Depended Companies and Jointly Controlled Companies
USD
Investments to be Kept by Their Due Dates
USD
EUR
Tangible Fixed Assets
Intangible Fixed Assets
Other Assets
USD
EUR
AUD
CHF
DKK
GBP
NOK
38
(Thousand YTL)
149.050
59.700
1
2
419
56
88.109
675
23
65
282.894
53.302
42
342
2.827
2.546
212.426
10.743
75
1
252
63
275
109.419
496
108.923
289.025
104.314
184.711
294.670
223.235
69.941
1.494
4.989
4.989
38.221
7.395
30.826
33.563
31.249
2.067
4
12
1
224
6
Assets Total
Liabilities
Bank Deposits
EUR
USD
GBP
Currency Deposit Accounts
USD
AUD
CAD
CHF
DKK
EUR
GBP
JPY
KWD
NOK
SAR
SEK
Payables to Monetary Markets
Funds Made Available to Other Financial Institutions
USD
EUR
GBP
Issued Mobile Assets
Several Payables
USD
EUR
GBP
CHF
Derivative Financial Payables to Save from Risks
Other Liabilities
USD
EUR
GBP
Liabilities Total
Net Balance Position
Net Arrangement Calculation Position
Receivables from Derivative Financial Tools
USD
EUR
Payables to Derivative Financial Tools
USD
EUR
GBP
1.201.831
9.509
1.988
7.493
28
1.201.333
634.644
5
2
2.934
2.428
549.623
11.104
308
50
1
234
29.102
19.659
8.440
1.003
657
521
130
5
1
(2.255)
(2.695)
435
5
1.238.346
(36.515)
45.702
101.155
43.678
57.477
55.453
49.718
5.184
551
533.167
366.323
156.303
63
13
6.606
3.709
In kind Credits
USD
EUR
GBP
CAD
CHF
JPY
39
NOK
150
CURRENCY
PURCHASE RATE
1,40550
1,10950
0,24829
0,20410
1,15110
1,18070
1,21160
4,84090
0,22411
2,75720
0,37533
1,85130
CURRENCY TYPE CODE
USD
AUD
DKK
SEK
CHF
JPY
CAD
KWD
NOK
GBP
SAR
EUR
Information on the currency risks of mother company bank:
Assets
Current Assets (Cash, Effective Stock, Money on Way, Purchased Checks) and Turkish Republic
Central Bank)
USD
EUR
AUD
CAD
CHF
DKK
GBP
NOK
SEK
Receivables from Banks and Other Financial Institutions
USD
EUR
JPY
AUD
CAD
CHF
DKK
GBP
NOK
SEK
SAR
Financial Assets Reflected to the Real Value Difference Profit or Loss
USD
EUR
Financial Assets Ready to Sale
USD
EUR
Credits
USD
EUR
GBP
40
(Thousand YTL)
161.830
63.789
97.122
1
2
288
17
588
10
13
92.145
26.269
60.222
183
94
516
156
137
4.183
218
104
63
108.750
108.290
460
280.472
179.575
100.897
442.949
325.286
116.569
1.094
Subsidiaries, Depended Companies and Jointly Controlled Companies
USD
Investments to be Kept by Their Due Dates
USD
EUR
Other Assets
USD
EUR
GBP
CHF
NOK
SEK
DKK
Assets Total
Liabilities
Bank Deposits
USD
EUR
GBP
Currency Deposit Accounts
USD
EUR
JPY
DKK
CAD
CHF
GBP
NOK
SEK
Funds Made Available to Other Financial Institutions
USD
EUR
GBP
Several Payables
USD
EUR
GBP
Other Liabilities
USD
EUR
GBP
Liabilities Total
Net Balance Position
Net Arrangement Calculation Position
Receivables from Derivative Financial Tools
USD
EUR
CHF
DKK
GBP
Payables to Derivative Financial Tools
USD
41
4.644
4.644
38.423
7.093
31.330
45.333
31.022
14.108
167
25
8
2
1
1.174.546
4.969
1.347
2.798
824
1.327.773
722.731
589.370
492
2.396
2
2.010
10.694
61
17
59.842
28.133
30.713
996
1.355
608
744
3
1.003
869
119
15
1.394.942
(220.396)
228.338
452.450
229.948
211.933
1.470
2.344
6.755
224.112
215.432
EUR
8.680
534.384
402.120
35
122.102
87
13
6.604
3.358
12
53
CURRENCY
PURCHASE RATE
1,38000
1,11360
0,24669
0,19617
1,13040
1,16810
1,19600
4,74850
0,22631
2,70200
0,36852
1,83820
In kind Credits
USD
AUD
EUR
GBP
CAD
CHF
JPY
NOK
SEK
CURRENCY TYPE CODE
USD
AUD
DKK
SEK
CHF
JPY
CAD
KWD
NOK
GBP
SAR
EUR
28.
Mobile Assets Issued Other than the Shares of the Company and Not
Amortized yet (Final situation (as of 31/03/2007)):
(NO)
29.
Company mobile assets that amortized within the last year and
representing the payables (within one year before the application date
(from 31/03/2006 to 31/03/2007)):
(NO)
30.
Names and amounts of the items included within the “other” item in the financial tables and
forming 20% or more of the relevant item or 5% or more of the balance sheet actives total (In
the last financial table (as of 31/03/2007 )):
As of 31 March 2007, 14.399 Thousand YTL of Other Actives item is the Receivables from Time
Sale of Actives, 28.374 Thousand YTL of the same amount is Securities Given and 9.365 Thousand
YTL is Advances Given, 8.130 Thousand YTL is First Establishment Expenditures, 1.189 Thousand
YTL is Receivables from Banking Services and 31.473 Thousand YTL is Other Receivables.
23.678 Thousand YTL of the Other Receivables at an amount of 31.473 Thousand YTL formed as a
result of the decision taken by the 4th Court of Council of State on 12 February 2007 in favor of the
Bank in the pending tax case about the deduction on the 2004 corporate revenue of the Bank due to
the previous term loss of the Bank pursuant to the Article 14/7 of KVK.
31.
Personnel receivable and personnel payable totals that are more than 1% of the balance sheet
total and included in the “Other Receivables” and “Other Short Term Receivables” item in the
financial items (According to the last financial table (as of 31/03/2007)): (NO)
32.
Doubtful receivable amounts allocated due to the receivables from the Shareholders,
Subsidiaries and Depended Companies and the payables related to these (In the last financial
table (as of 31/03/2007)): NO
42
33.
Doubtful receivable amounts allocated for the receivables that are due or not due (separate
totals) (In the last financial table (as of 31/03/2007)):
As of 31.03.2007, the provision allocated against the receivables is 102.125 Thousand YTL.
34.
In case the gross the separate totals of sales of the materials such as products, scraps and
wastes and the service sales are over 20% within the domestic sales or exports item, the
amounts related to these materials and services (In the last financial table (as of 31/03/2007)):
NO
35.
Explanatory not on the incomes and expenditures for the previous term and the amounts and
sources of the previous term (In the last financial table (as of 31/03/2007)):
38.913 Thousand YTL of 40.421 Thousand YTL shown under other operation income item in the
profit-loss table is as a result of the cancellation of the expenditures of the previous years and 1.508
Thousand YTL is formed by other incomes other than interest. The cancellation of the expenditures
of the previous years contains items such as credit special provision cancellations, in kind provision
returns, subsidiary and dependent partnership provision returns, fixed asset value decrease provision
returns.
23.678 Thousand YTL of cancellation of the previous years’ expenditures at an amount of 38.913
Thousand YTL formed as a result of the transfer of the previous term of the Bank losses to the correction
account for the previous years due to the decision taken by the 4th Court of Council of State on 12 February
2007 in favor of the bank on the pending tax about the deduction of the incorporate revenue of the Bank in
2004 in compliance with the provisions of Article 14/7 of KVK.
Intermediate
Term
31/03/2007
38.390
718
5.344
3.608
367
305
21.283
4.440
330
2.398
14.115
54
7.485
77.554
Personnel Expenditures
Redundancy Fund Provision
Short Term Employee Right Liabilities Provision Expenditures
Bank Social Aid Fund Asset Deficiency Provision
Tangible Fixed Asset Value Decrease Expenditures
Tangible Fixed Asset Depreciation Expenditures
Intangible Fixed Asset Value Decrease Expenditures
Intangible Fixed Asset Depreciation Expenditures
Value Decrease Expenditures for the Assets to be Sold
Depreciation Expenditures for the Assets to be Sold
Value Decrease Expenditures for the Assets kept to be Sold
Other Operation Expenditures
Operation Leasing Expenditures
Maintenance and Repair Expenditures
Advertisement and Announcement Expenditures
Other Expenditures
Loss stem from Sale of Actives
Other
Total
36.
Other issues having material effects on the financial tables or required to be explained to
make the financial tables clear, interpretable and understandable (In the last financial table
(as of 31/12/2006)):
43
Personnel Social Insurance Fund Foundation, which is also a main shareholder of Şekerbank T.A.Ş.
in total 42.473.385 shares of (%33,9787) Şekerbank T.A.Ş. capital to TuranAlem Securities JSC
against the payment of YTL 424.733.850 were taken and the transfer transaction was realized on 15
March 2007 at İMKB Whole Sales Market and a General Assembly Meeting was held on 15 March
2007 at 17:00 and the requirements of the Share Purchase/Sale Agreement were performed by the
Purchasers and the Sellers.
37.
The information required to be given if the financial tables, assets of the Company and
operation results are not reflect the situation correctly (In the last financial table
(31/03/2007)):NO
38.
Information on independent audit:
a)
The financial tables prepared on 31/12/2005 in compliance with the Turkish Accounting
Standards were audited by Denetim Serbest Mali Müşavirlik A.Ş. and a report giving a
positive opinion was given.
The financial tables prepared on 31/12/2006 in compliance with the Turkish Accounting
Standards were audited by DRT Bağımsız Denetim ve Serbest Muhasebeci Mali
Müşavirlik A.Ş. and a report giving a positive opinion was issued.
The intermediate financial tables prepared on 31/03/2007 in compliance with the Turkish
Accounting Standards were audited by DRT Bağımsız Denetim ve Serbest Muhasebeci
Mali Müşavirlik A.Ş. and a report giving a positive opinion was issued.
b)
39.
If exists the summary reports containing “conditional”, “no opinion” or “negative”
opinions or explanatory paragraphs (the report not effecting the opinion but containing
the issues required to be submitted to the related persons): NO.
Material changes that might effect the financial or trade positions and occurred after the
announcement of the last annual or intermediate financial tables (they should include the
developments about the production, sale, stocks, orders, costs and sale prices after the
announcement of the last financial tables):
Personnel Social Insurance Fund Foundation, which is also a main shareholder of Şekerbank T.A.Ş.
in total 42.473.385 shares of (%33,9787) Şekerbank T.A.Ş. capital to TuranAlem Securities JSC
against the payment of YTL 424.733.850 were taken and the transfer transaction was realized on 15
March 2007 at İMKB Whole Sales Market and a General Assembly Meeting was held on 15 March
2007 at 17:00 and the requirements of the Share Purchase/Sale Agreement were performed by the
Purchasers and the Sellers.
IV.
INFORMATION ABOUT THE MANAGEMENT
1.
General Organization Structure of the Company: Given in ANNEX-3 herein.
2.
Company Board of Directors Members;
44
Name
Surname
Capital
Share/Juridical
Person Represented
Position
Occupati
on
Address
Positions obtained
in the last 5 years
in the Company
(YTL)
(%)
Erdal ARSLAN
President
Banking
personnel
Board of Directors Member
-
-
Hasan Basri
GÖKTAN
MemberGeneral
Manager
Banking
personnel
Board of Directors President
General Manager
-
-
Erdal BATMAZ
Member
Banking
personnel
-
-
Emin ERDEM
Member
Banking
personnel
-
-
Halil Can
YEŞİLADA
Member
Banking
personnel
Board of Auditors Member
-
-
Vice President
Banking
personnel
-
-
-
Kairat
BEKTANOV
Member
Banking
personnel
-
-
-
Murat
YULDASHEV
Member
Banking
personnel
-
-
-
Saduakas
MAMESHTEGI
Member
Banking
personnel
-
-
-
Tatiana Alekseevna
FILIPPOVA
Member
Banking
personnel
-
-
-
Khosrow Kashani
ZAMANI
Member
Banking
personnel
Büyükdere
Cad.No:171
Metrocity İş Merk.
A-Blok Kat: 13
Levent-Istanbul
Büyükdere
Cad.No:171
A-Blok Kat: 13
Levent-Istanbul
Büyükdere
Cad.No:171
A-Blok Kat: 13
Levent-Istanbul
Büyükdere
Cad.No:171
A-Blok Kat: 13
Levent-Istanbul
Büyükdere
Cad.No:171
A-Blok Kat: 13
Levent-Istanbul
97,Dzholdasbekov
Cad., Samal-2,
Almaata,
Kazakhstan
Republic
97,Dzholdasbekov
Cad., Samal-2,
Almaata,
Kazakhstan
Republic
97,Dzholdasbekov
Cad., Samal-2,
Almaata,
Kazakhstan
Republic
97,Dzholdasbekov
Cad., Samal-2,
Almaata,
Kazakhstan
Republic
Büyükdere
Cad.No:171
A-Blok Kat: 13
Levent-Istanbul
1401-N Oak
Str.Arlington
Virginia 22209
-
502.392
0,40
Yerkin TATISHEV
45
3.
The Duties of the Board of Directors members out of the Company;
The Duties obtained out of the Company
As of the Final Situation
Name Surname
Erdal ARSLAN
Hasan Basri GÖKTAN
Erdal BATMAZ
Emin ERDEM
Halil Can YEŞİLADA
Yerkin TATISHEV
Kairat BEKTANOV
Murat YULDASHEV
Saduakas MAMESHTEGI
Tatiana Alekseevna FILIPPOVA
Khosrow Kashani ZAMANI
4.
Board of Auditors Members of the Company;
Name
Surname
M. Cahit BAŞER
Mehmet ÜNAL
Kuat
SEKSENALINOV
5.
NO
Şeker Yatırım Duran Varlıklar A.Ş. – Board of Directors President
Şeker Faktoring Hizmetleri A.Ş. – Board of Directors President
Şeker Finansal Kiralama A.Ş. – Board of Directors President
Şekerbank Off Shore Limited - Board of Directors President
NO
ENTAŞ Enerdem Ticaret Turizm ve Yapı Taah.Paz A.Ş. – Board of Directors
President
ENDA Enerdem Mali Danışmanlık Limited Şirketi – Company Manager
Çalık Şeker Konsorsiyum Yatırım A.Ş.-Board of Directors Deputy President
Bank TuranAlem JSC-Board of Directors Member
TuranAlem Securities JSC – Manager
Bank TuranAlem JSC-Board of Directors Deputy President
Temirbank – Board of Directors President
Bank TuranAlem JSC-Board of Directors Deputy President
TuranAlem Securities JSC – Board of Directors Deputy President
Bank TuranAlem JSC-Board of Directors Risk Consultant
Great Circle Fund.L.P. – Consultation Board Member
Darby Overseas Investments Ltd.-Superior Consultant
BTAO – Board of Directors Member
Position
Board of
Auditors
Member
Board of
Auditors
Member
Board of
Auditors
Member
Occupatio
n
Banking
personnel
Academician
Banking
personnel
Address
Birlik Mah.
3. Cadde No:9
Birlik-Ankara
Ankara University
Faculty of Law
Cebeci-Ankara
97,Dzholdasbekov
Cad., Samal-2,
Almaata,
Kazakhstan
Republic
Positions
obtained in
the last 5
years in the
Company
Capital Share/Juridical
Person Represented
(YTL)
(%)
Board of Directors
Member
-
-
-
-
-
-
-
-
Audit Commission Members of the Company;
Name
Surname
Position
Occupatio
n
Halil Can
YEŞİLADA
Board of
Directors
Member
Banking
personnel
Murat YULDASHEV
Board of
Directors
Member
Banking
personnel
Address
Büyükdere
Cad.No:171
A-Blok Kat: 13
Levent-Istanbul
97,Dzholdasbekov
Cad., Samal-2,
Almaata,
Kazakhstan
Republic
46
Positions
obtained in
the last 5
years in the
Company
Capital Share/Juridical
Person Represented
(YTL)
(%)
Board of Auditors
Member
-
-
-
-
-
6.
Management Personnel;
Name Surname
Dr. Hasan Basri
GÖKTAN
Position
Occupa
tion
Address
Address
Positions obtained
in the last 5 years
in the Company
Board of
Directors
Member General
Manager
Banking
personnel
Business
Executive
Büyükdere
Cad.No:171
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
-Board of Directors
President
-General Manager
- Şeker Yatırım Mobile
Asset Değ.
A.Ş. Board of Directors
President
- Şeker Faktoring Hiz. A.Ş.
Board of Directors
President
- Şeker Finansal Kiralama
President
- Şekerbank Off Shore
Limited Board of Directors
President
Asset Değ.
A.Ş. Board of Auditors
Member
Abdurrahman
ÖZCİĞER
Executive
Vice President
Banking Büyükdere
personnel Cad.No:171
- Executive Vice
President
A.Yücel AKBULUT
Executive
Vice President
Banking
personnel
- Executive Vice
President
Çetin AYDIN
Executive
Vice President
Banking
personnel
Meriç ULUŞAHİN
Executive
Vice President
Banking
personnel
Mesut ÖZDİNÇ
Executive
Vice President
Banking
personnel
Orhan KARAKAŞ
Executive
Vice President
Banking
personnel
Ömer Faruk
TÜRKMEN
Executive
Vice President
Banking
personnel
Ramazan
KARADEMİR
Executive
Vice President
Banking
personnel
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
Büyükdere
Cad.No:171
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
Büyükdere
Cad.No:171
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
Büyükdere
Cad.No:171
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
Büyükdere
Cad.No:171
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
Büyükdere
Cad.No:171
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
Büyükdere
Cad.No:171
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
Büyükdere
Cad.No:171
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
47
- Şeker Finansal Kiralama .
Capital
Share
(YTL)
(%)
-
-
-
-
-
Member
- Executive Vice
President
-Unit Manager
Board of Directors
Member
-
-
-Board of Directors
Member
- Executive Vice
President
-
-
Asset Değ.
Deputy President
- Executive Vice
President
-Unit Manager
Board of Directors
Member
-
-
- Executive Vice
President
-Unit Manager
-
-
-Board of Directors
Member
- Executive Vice
President
-
-
- Executive Vice
President
-President of
Auditory Board
Asset Değ.
Member
-
-
Member
Deputy President
- Şekerbank Kıbrıs Ltd.
Board of Directors President
Salih Zeki ÖNDER
Tanol TÜRKOĞLU
Hüseyin SERDAR
Executive
Vice President
Banking Büyükdere
personnel Cad.No:171
Executive
Vice President
Banking
personnel
General
Secretary
Banking
personnel
Executive
Murat
Banking
ISHMUHAMEDOV Vice President personnel
- Executive Vice
President
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
Büyükdere
- Executive Vice
Cad.No:171 President
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
Büyükdere
-General Secretary
Cad.No:171
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
Büyükdere
Cad.No:171
Metrocity İş
Merk. A-Blok
1.LeventIstanbul
Board of Directors
Member
-
-
Board of Auditors Member
-
-
-
-
-
-
Member
-
7.
Total amount of the remuneration and other benefits given to the Board of Directors presidents
and members, general manager, general coordinator, delegate members and vice general
managers and other such superior management personnel including the benefits supplied by
the other group companies: Total gross amount of the remuneration and other benefits supplied to
the aforesaid persons by the Bank for the term between 01.01.2006 and 31.12.2006 is: 4.361.206,00.YTL.
Total gross amount of the remuneration and other benefits supplied to the aforesaid persons by the
Group Companies for the term between 01.01.2006 and 31.12.2006 is: 1.367.182,16.- YTL and
24.000 USD.
8.
The amount and the characteristics of the benefits obtained by the Board of Directors President
and Members, general coordinator, delegate member, general manager and vice general
manager and other such superior management personnel and the key management personnel
from the transactions such as sale/purchase acquisition or transfer of the assets not included in
the ordinary operations of the Company: NO
9.
The amount and the characteristics of the benefits obtained by the Board of Directors President
and Members, general coordinator, delegate member, general manager and vice general
manager and other such superior management personnel and the key management personnel
from the transactions such as sale/purchase acquisition or transfer of the assets within the
ordinary operations of the Company: NO
48
V.
INFORMATION ON THE OPERATIONS
1.
Operational sector, actual operations subject and position of the company within the sector:
Şekerbank T.A.Ş. operates in the banking sector and its business scope includes Incorporate and
Trade Banking, Individual Banking, Small Sized Companies Banking. At the moment the Company
has 215 branches and 1 correspondence office in abroad.
2.
Good and service production amounts of the Company realized for each main product group
within the term and the changes on them when compared to the previous term:
31.03.2007
Interests Received from Credits
From Short Term Credits
From Mid and Long Term Credits
Interest Obtained from the Receivables under
Prosecution
Change %
TP
YP
TP
YP
126.801
3.343
310.015
13.011
-59,1%
-74,3%
92.325
3.201
241.065
12.666
-61,7%
-74,7%
31.162
142
57.629
345
-45,9%
-58,8%
3.314
-
11.321
-
-70,7%
-
-
-
-
-
-
-
Premiums Obtained from Source Disposal Fund
3.
31.12.2006
TP
YP
Good and service sale amounts of the Company realized for each main product group within
the term and the changes on them when compared to the previous term:
31.03.2007
Account Name
Total
31.12.2006 Change %
Total
Total
Turkish Money
Bank Deposits
14
274
-94,9%
57.609
165.403
-65,2%
89
130
-31,5%
Trade Deposits
14.947
31.430
-52,4%
Other Deposits
9.348
13.187
-29,1%
-
-
-
82.007
210.424
-61,0%
-
-
-
10.968
28.178
-61,1%
Bank Deposits
6
384
-98,4%
7 Day Notification Deposits
-
-
-
Precious Mines D,Hs,
-
-
-
Total
10.974
28.562
-61,6%
General Total
92.981
238.986
-61,1%
Saving Deposits
Official Deposits
7 Day Notification Deposits
Total
Foreign Currency
DTH
4.
Distribution of the new revenue amount realized by the Company within the last three years on
the basis of operation area and geographical structure of the market: (NO)
49
5.
The place and the size of the facilities where 10% of more of the sale revenue or production of
the Company was realized/manufactures:
Metrocity Building containing the Trade/KOBİ (Small/Middle Sized Incorporation)/Operation
Banking, Fund Management, Project Finance, Credit Management units of Şekerbank T.A.Ş. is
located at Büyükdere Cad. No:171 MetroCity Plaza 1.Levent/Istanbul at it has a total area of 5075
m2. The building containing Individual Operations, External Operations and Foreign Exchange,
General Management Operations, Credit Operations, Software and Project Management units is
located at Cumhuriyet Mah. Abdi İpekçi Cad. Karaman Sok.No:9 Yakacık/Kartal and it has a total
area of 5300 m2.
6.
Information on the incentives and subversions related to the Company: NO
7.
Information on the stocks of the companies dealing with mining and other such activities,
estimations for the economic reserves, and their estimated use term, privilege term and
conditions, economical conditions required for the operation of them, actual operations: NO
8.
Summary information on the production or manufacture technology employed: NO
9.
Significant new products and operations:
ADK Products and Services
Internet Branch and Telephone Banking
Transition to Telephone and Internet Banking, Cash advance calculation tool, Password determination
and change at Internet Branch, Bedaş invoice collections, Türksat invoice collections, Treasury bond State Debenture and Euro Bond Transactions (Purchase-Sale), Online tax collections, taking İzsu
invoice instructions, Agency services and significant individual reminding via Internet Branch, Avea
invoice collection and counter loading (may be realized only from the account), transmitting questions
to the Call Center via communication hall with messages, Customs tax collections, Gisad telecom
payment collections, Informing the customers via Şeker sms, realizing Internet Banking transactions
more reliable via Şekerşifre, Share Certificates purchase-sale transactions, sending e-mail warnings to
the customers about the monetary movements at Individual/Internet Branch, online collection of İski
invoices, sending Short Messages (SMS) to the Customers, AKUT Donations, Nature Association
donations, Unicef donations.
Call Center
Giving Şeker Company Card and Business Card support via IVR and password determination,
development of IVR and card passwords in compliance with EMV, giving Platinum credit card
support, establishment of infrastructure for the call direction to the Platinum credit card customers
assistance company, SMS sending to inform about the results of the Limit and Term Change demands,
Cancellation Analysis Application Change and call of the customers asking for cancellation via AntiAttrition Group, calling the debtor customers Credit Card and Individual Credit Card customers by
Collection Group
ATM
Password change ability for the Chipped Şekerbank Card on ATMs (Chip&Pin), Telephone banking
password change and determination, Jitter (enabling jitter characteristics against card copying in the
regions where there exists a security risk).
Trade/KOBİ/Operational Banking Products and Services
Operation Credits, Organic Agriculture Greenhouse Credit, Agricultural Inventory Credit, Quality
Certificate, Stock Rising Investment Credit, Franchising Credit, Raw Material Credit, TMO Trade
Credit against Voucher, Agricultural Equipment Credit, Breeding Milk and Stock Raising Credit,
50
Trade Credit in installments (credits for the sector selling goods and services, taxed with simple
methods or keeping books according to the operation accounts (including second class tradesmen)),
Tradesmen Credited Deposit Credit, BMC brand new and second hand financing (a campaign with a
single vehicle company), Credits against Trade Plate Pledge (Taking the trade plates and lines at the
metropolitan states as a security against the credits made available)
Collection Credits (Crediting/making installations for tax collections of the trade companies), Tourism
Support Credit
Individual Credit Products and Services
Dwelling Credits for Completed Construction Projects, Dwelling Construction Cooperative
Completion Credit,
Individual Finance Credit
Fund Management Products and Services
Term Currency Purchase Sale (Forward) Transactions
10.
Information on the production/service processes with a significant effect on operations or
profitability: NO
11.
Number of the working personnel working at the moment and within the previous 3 years on the
basis of their categories:
31.12.2004
Total personnel at the beginning
of the term
Administrative personnel (not a
union member)
Administrative personnel (union
member)
Other Personnel (union
member)
Other Personnel (not a union
member)
Total personnel at the end of the
term
Administrative personnel (not a
union member)
Administrative personnel (union
member)
Other Personnel (union
member)
Other Personnel (not a union
member)
12.
31.12.2005
31.12.2006
Current Situation
31.03.2007
3000
3334
3405
3370
526
621
350
726
350
362
700
377
1289
1385
1336
1342
835
966
1019
1064
3334
3405
3370
3509
621
350
671
362
700
369
1385
1336
1322
966
1019
1008
Distribution of the personnel working at the moment and within the previous year on the basis
of the main sectors: Our company carries out its activities only in the banking sector.
51
13.
Information on the real estates owned by the Company:
Type
Building
Building
Building
Building
Year of
Acquisition
01.01.1971
01.01.1975
Building
Building
Building
Building
Building
Building
Building
Building
Building
01.01.1978
01.01.1971
ÇEMBERLITAŞ
ANKARA BARTER
OFFICE
01.01.1974
IZMIR WAREHOUSE
01.01.1972
KAYSERI
01.01.1974
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
1.100
-
-
360
1.350
-
-
-
266
706
-
-
-
435
1.440
-
205.9
8
-
45
20
-
480
1.500
-
494.03
800
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
500
695
-
410
580
01.01.1981
KASTAMONU
316
612
01.01.1983
KÜTAHYA
TOPHANE OFFICE
BUILDING
ANKARA BARTER
OFFICE
01.01.1983
ADANA BARTER OFFICE
01.01.1981
01.05.1985
BEŞIKTAŞ
01.05.1985
GÖZTEPE
01.09.1985
01.11.1985
MERSIN BARTER OFFICE
DENIZLI BARTER
OFFICE
01.11.1985
BOZÜYÜK
220
1.900
1859,1
4.705
380,48
48
120
1
225
681
168
1.680
3
182
513
01.11.1985
ESKIŞEHIR
493
1.000
01.11.1985
TARSUS
237
457
01.11.1985
NAZILLI
336
650
01.01.1986
AMASYA
310
715
01.02.1986
315
625
01.02.1986
ÇORUM
ANTALYA BARTER
OFFICE
01.03.1986
A_YENIŞEHIR
450
2.250
01.11.1986
ELBISTAN
165
275
01.11.1986
ŞANLIURFA
304
810
01.12.1986
KÜÇÜKESAT
620
3.000
01.12.1986
BURSA
402
920
01.04.1987
456
472
01.05.1987
KAHRAMANMARAŞ
10 FLATS AT KADIKÖY
AND ZİVERBEY BRANCH
304
3.098
01.05.1987
AKHISAR
126
624
01.08.1987
MECIDIYEKÖY
600
1.275
01.11.1987
215
388
01.04.1986
KARACABEY
SAMSUN BARTER
OFFICE
01.02.1988
SOMA
454
01.06.1988
LODGE AT ÇANKAYA
01.06.1988
ADANA
01.07.1988
01.12.1988
BOĞAZLIYAN
ISTANBUL BARTER
-
-
TURHAL
KARTAL
-
-
01.01.1971
01.01.1980
-
-
-
1.995
-
-
632
402
-
-
310
AFYON
-
-
-
MERZIFON
01.01.1980
Deposit Amount
-
01.01.1977
Building
Building
250
In kind Rights on the G.
Mobile Assets and Their
Value(YTL)
-
-
Building
Building
Value (YTL)
2.093
Building
Building
Tax
Net (YTL)
768
Building
Building
Book Value
MERSIN
Building
Building
K.EREĞLI
M²
01.01.1971
01.01.1981
Building
AKŞEHIR
AKYAZI
Building
Building
ADAPAZARI
01.01.1974
Building
Building
Location
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
360
208,42
420
435
785
328
900
618
309
52
OFFICE
Building
Building
Building
Building
Building
Building
Building
Building
Building
01.12.1988
01.05.1989
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
Building
180
225
405
01.06.1991
LODGE AT ESKİŞEHİR
130
87
01.07.1991
LODGE AT KÜÇÜKESAT
175
01.08.1991
LODGE AT İZMİR
592
485
01.11.1991
LODGE' AT BURSA
750
70
01.12.1991
ESKİŞEHİR
400
1.098
01.03.1992
500
1.100
01.12.1992
OSTİM
IST.REGIONAL
MANAGEMENT
2990
5.010
01.12.1992
DENİZLİ
139
65
01.04.1993
BABAESKİ
180
310
01.06.1993
SİVAS
431
2.000
01.08.1993
ADANA GAZİPAŞA
714
1.850
01.09.1993
YENİ KADIKÖY
950
1.266
01.06.1994
SÖKE
241
405
01.11.1994
YALVAÇ
260
323
01.11.1994
EDİRNE
01.01.1995
LODGE' AT DÜZCE
01.03.1995
MANİSA
273
918
15
215
870
01.01.1996
SAMSUN
294
426
01.03.1996
BEYOĞLU
299
673
01.03.1996
İST.SECTIONS
299
673
01.06.1996
01.06.1996
UZUNKÖPRÜ
184
630
BOSTANCI
-
01.06.1996
ÇERKEZKÖY
01.06.1997
01.12.1997
LODGE AT ADANA
ADANA GAZİPAŞA
ADDITIONAL SERVICE
BUILDING
300
375
01.03.1998
ORDU
933
1.072
01.09.1998
IĞDIR
330
176
01.06.1999
AYRANCI
01.03.1983
DENİZLİ
SOYSAL OFFICE
BUILDING-KIZILAY
BRANCH
01.04.2003
İST. METROCİTY
01.09.2000
Building
Building
158
LÜLEBURGAZ
Building
Building
.LODGE AT BÜYÜKESAT
487
01.11.1989
Building
Building
MECIDIYEKÖY
01.04.2004
İST. METROCİTY
392
1.320
-
352
600
181
150
290
5.700
1442
7.001
721
3.465
TOTAL
81.775
53
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Type
Building
Building
Building
Year of
Acquisition
01.01.1971
01.01.1975
01.01.1974
Location
Tax
Net (YTL)
Value (YTL)
Deposit
Amount
In kind Rights on the G.
Mobile Assets and Their
Value(YTL)
250
1.045
-
-
-
AKŞEHIR
360
1.277
-
-
-
AKYAZI
266
690
-
-
-
435
1.402
-
-
-
205,9
8
-
-
-
18
-
-
-
1.438
-
-
-
01.01.1978
ÇEMBERLITAŞ
Building
01.01.1971
ANKARA BARTER OFFICE
01.01.1974
Book Value
ADAPAZARI
Building
Building
M²
IZMIR WAREHOUSE
45
Building
01.01.1972
KAYSERI
480
Building
01.01.1974
K.EREĞLI
494
762
-
-
-
Building
01.01.1971
MERSIN
768
2.004
-
-
-
Building
01.01.1977
MERZIFON
310
609
-
-
-
Building
01.01.1971
TURHAL
500
667
-
-
-
Building
01.01.1980
AFYON
402
1.952
-
-
-
Building
01.01.1980
KARTAL
410
568
-
-
-
KASTAMONU
316
601
-
-
-
220
1.870
-
-
-
4.635
-
-
-
47
-
-
-
1
-
-
-
-
-
Building
01.01.1981
Building
01.01.1981
KÜTAHYA
Building
01.01.1981
TOPHANE OFFICE BUILDING
1859
ANKARA BARTER OFFICE
380,5
Building
Building
Building
01.01.1983
01.01.1983
01.05.1985
ADANA BARTER OFFICE
120
BEŞIKTAŞ
225
671
-
1.650
-
-
-
505
-
-
-
986
-
-
-
-
-
Building
01.05.1985
GÖZTEPE
168
Building
01.11.1985
BOZÜYÜK
182
ESKIŞEHIR
493
TARSUS
237
449
-
-
-
Building
Building
01.11.1985
01.11.1985
01.11.1985
NAZILLI
336
640
-
Building
01.01.1986
AMASYA
310
704
-
-
Building
01.02.1986
ÇORUM
315
614
-
-
-
Building
01.03.1986
A_YENIŞEHIR
450
2.213
-
-
-
Building
01.11.1986
ELBISTAN
165
271
-
-
-
Building
01.11.1986
ŞANLIURFA
304
799
-
-
-
2.954
-
-
-
906
-
-
-
466
-
-
-
-
-
-
Building
Building
01.12.1986
KÜÇÜKESAT
620
Building
01.12.1986
BURSA
402
01.05.1987
KAHRAMANMARAŞ
10 FLATS AT KADIKÖY AND
ZİVERBEY BRANCH
456
01.05.1987
AKHISAR
126
615
-
-
-
1.256
-
-
-
384
-
-
-
-
-
Building
01.04.1987
Building
Building
304
3.053
Building
01.08.1987
MECIDIYEKÖY
600
Building
01.11.1987
KARACABEY
215
SOMA
454
Building
01.02.1988
355
-
208,4
415
-
-
-
ADANA
435
773
-
-
-
BOĞAZLIYAN
328
890
-
-
-
ISTANBUL BARTER OFFICE
MECIDIYEKÖY BRANCH
UPPER FLOORS
BÜYÜKESAT KOZA-SEYHAN
(BAĞLAYAN) SOK. LODGE
618
305
-
-
-
-
-
-
-
-
-
Building
01.06.1988
LODGE AT ÇANKAYA
Building
01.06.1988
Building
Building
01.07.1988
01.12.1988
Building
01.12.1988
Building
01.05.1989
Building
01.11.1989
Building
01.06.1991
Building
01.08.1991
Building
01.11.1991
Building
01.12.1991
Building
01.03.1992
Building
01.12.1992
LÜLEBURGAZ
LODGE IN ESKİŞEHİR
(GÜNEY ŞEKER SİTESİ)
2 DUBLEX FLAT 3 FLAT
LODGES IN İZMİR BALÇOVA
LODGE IN BURSA
OSMANGAZİ
ESKİŞEHİR TAŞBAŞI SERVICE
BUILDING
OSTİM BRANCH SERVICE
BUILDING
M.Ş.M.G.SUYU MOBLIE
ASSETS ISTANBUL
0
482
158
178
225
399
130
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
87
592
480
750
69
400
1.086
500
1.089
2990
4.960
54
.REGIONAL MANAGEMENT
Building
01.12.1992
Building
01.04.1993
Building
01.06.1993
Building
01.08.1993
Building
01.09.1993
Building
01.06.1994
Building
01.11.1994
Building
01.11.1994
Building
01.01.1995
Building
01.03.1995
Building
DENİZLİ 2.BÖLGE YILDIRIM
İNŞ.G.MEN.
BABAESKİ BRANCH SERVICE
BUILDING
SİVAS BRANCH SERVICE
BUILDING
ADANA GAZİPAŞA SERVICE
BUILDING
YENİ KADIKÖY BRANCH
SERVICE BUILDING
139
SÖKE ŞB HIZMET BINASI
YALVAÇ BRANCH SERVICE
BUILDING
EDİRNE BRANCH SERVICE
BUILDING
241
LODGE' IN DÜZCE
MANİSA BRANCH SERVICE
BUILDING
01.03.1983
9 FLATS IN SAMSUN
BEYOĞLU ISTANBUL
SECTIONS
İST.SECTIONS FLAT NUMBER
9
UZUNKÖPRÜ BRANCH
SERVICE BUILDING
ÇERKEZKÖY BRANCH
SERVICE BUILDING
ADANA GAZİPAŞA EK
SERVICE BUILDING
ORDU BRANCH SERVICE
BUILDING
IĞDIR BRANCH SERVICE
BUILDING AND LODGE
AYRANCI BRANCH SERVICE
BUILDING
DENİZLİ BRANCH SERVICE
BUILDING 1ST FLOOR
SOCIAL OFFICE BUILDINGKIZILAY BRANCH
Building
01.04.2003
METROCITY
Building
01.04.2004
METROCITY
ANKARA BİRLİK SERVICE
BUILDING
ISTANBUL KARTAL SERVICE
BUILDING
Buildingların Modification and
Decoration Costs
01.01.1996
Building
01.03.1996
Building
01.03.1996
Building
01.06.1996
Building
01.06.1996
Building
01.12.1997
Building
01.03.1998
Building
01.09.1998
Building
01.06.1999
Building
01.09.2000
Building
Building
01.01.2007
Building
01.01.2007
2007
180
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
308
431
1.980
714
1.830
950
1.253
401
260
319
273
910
0
14
215
862
294
422
299
667
299
667
184
624
392
1.309
300
372
933
1.063
330
174
352
595
181
149
290
5.600
1442
6.957
-
-
-
721
3.443
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
0
1.624
0
1.672
168
TOTAL
14.
64
83.745
Tangible Fixed Asset movements of the Company:
Buildings
Costs
Opening Balance, 1 January 2007
Additions
Exits (-)
Reevaluation
Value Decrease (Provision)/Return
Closing Balance, 31 March 2007
Accumulated Depreciation
Opening Balance, 1 January 2007
Current Term Depreciation
Expenditures
Exists
Closing Balance, 31 March 2007
Net book value, 31 March 2007
Real estates acquired
due to receivables
Other Fixed
Assets
Mobile Assets
obtained by
financial leasing
Total
139.133
7.696
(289)
(104)
146.436
22.324
2.199
(3.450)
21.073
62.851
830
(382)
63.299
23.066
3.200
26.266
247.374
13.925
(4.121)
(104)
257.074
51.075
1.125
55.007
14.156
121.363
1.458
(128)
52.405
94.031
271
(132)
1.264
19.809
827
(375)
55.459
7.840
1.052
(6)
15.202
11.064
3.608
(641)
124.330
132.744
55
Net book value, 31 December 2006
15.
88.058
21.199
7.844
8.910
126.011
Information on the real estates rented or hired by the Company:
Information on the Real estates hired by the Company
Real
Hired from
M2
Location
Disposal
Rent
Estate
(Person/
Type
Amount
Asset
Company)
Type
Ö.Solak,N.Çalışkan
Fahri Canpolat
Mecit,Mustafa Mutlu
A.Ali Güngör
Alpullu Pan.Ek.Koop.
Cüneyt, Mehmet, Elmas
Başaran
H.Torunlar,
A.Şahin, Mehmet Y.
Karagöz,
Hüseyin- Sultan
ÇALIŞKAN
Nurettin Işık
H.B.Kurt
Osman İncedağ
Süreyya Bereket
Ahmet,Cevriye Tunç
Vehbi Koç
Ali Dede
Z.Yaman,A.Sarı
İbrahim UYGUN
Rıza Özarı
Mustafa Aydar
Belediye
Hatice-Erdoğan Öksüz
Suat Çanatay
A. Alımcı
İ. Uygur,A. Karaboğa
S.Turan
Kaya Karakaya
Vakıflar Gen. Müd.
S.Şahbaz
M.İrfan Başyazıcıoğlu
M.Keleş
Baki, Salih, Fikret
Oğraş
Abdullah,Ahmet Özgür,
Kaan, Mahir Zaimoğlu
Fatma Erize
Hüseyin-Selahattin –
Fahrettin
Arif İncekara
Z.Giray Özer
Refan,Ahmet, Fatih ve
Arzu Şenel
Sicima Tekstil Tic.
Haydar Taşdemir
Ali Parlak
Mehmet Güzel
M.Tarık Şener
Hasan Topçu
İ.A.Hav.Li.İşl. A.Ş.
Kazım Ünal
Mahmut Tavlaşoğlu
Bülent Bulutoğlu
Öznur Özkoç
Rent
Term
Branch
Branch
Branch
Branch
Branch
Branch
330
206
120
285
300
478
ADIYAMAN
AFŞİN
AKSARAY
ALANYA
ALPULLU
ALTUNİZADE
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
1666 EUR
656,08 YTL
3377,29 YTL
6213,8 YTL
334,31 YTL
5500 USD
04.11.2002-04.11.2012
02.11.1999-02.11.2009
01.11.2003-01.11.2008
03.03.2001-03.03.2011
01.08.2006-01.08.2007
01.11.2003-01.11.2013
Branch
Branch
500
503
ANK/BALGAT
ANK/BAŞKENT
Bank Branch
Bank Branch
5166,66 USD
12500 YTL
01.01.2005-01.01.2010
01.01.2003-01.01.2008
Branch
356
Bank Branch
9000 YTL
01.06.2006- 01.06.2011
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
290
182
150
240
450
325
150
435
360
314
216
195
450
290
402
262
325
641
455
290
375
661
350
ANKARA/
YILDIZEVLER
ANTALYA
BAFRA
BANAZ
BANDIRMA
BAYRAMPAŞA
BEYOĞLU/İST.
BEYŞEHİR
BİRLİK
BODRUM
BURDUR
CEYHAN
ÇANKIRI
ÇAY
DEMETEVLER
ANKARA
DİYARBAKIR
DÜZCE
ELAZIĞ
ISTANBUL
EMİRDAĞ
ERCİYES
ERZİNCAN
ERZURUM
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
4750 EUR
3007,67 YTL
562,6 YTL
3743,24 YTL
5007,26 YTL
13212,6 YTL
705,9 YTL
5701,5 YTL
2500 USD
3463,56 YTL
1131,77 YTL
3000 YTL
569,73 YTL
2837,89 YTL
3439,46 YTL
3823,15 YTL
4053,28 YTL
7190,14 YTL
7735 USD
513,86 YTL
2600 USD
3898,38 YTL
5734,74 YTL
01.02.2003-01.02.2013
09.02.2006-09.02.2011
01.07.2005-01.07.2010
01.11.2001-01.11.2006
01.12.2001-01.12.2011
15.05.2003-15.05.2008
01.12.2005-01.12.2010
01.11.2001-01.11.2008
02.01.2003-02.01.2013
05.06.2002-05.06.2012
15.02.2002-15.02.2012
01.01.2006-31.12.2010
01.06.2000-01.06.2007
15.05.1999-15.05.2009
15.12.2001-15.12.2011
01.12.2002-01.12.2012
01.07.2002-01.07.2012
06.08.2004-06.08.2014
01.03.2003-01.03.2008
01.02.2000-01.02.2010
15.02.2005-15.02.2010
30.07.2003-30.07.2013
01.12.2002-01.12.2007
Branch
910
ETİLER/İST.
Bank Branch
9000 USD
01.01.2004-01.01.2014
Branch
Branch
404
240
Bank Branch
Bank Branch
3871,36 YTL
7307,96 YTL
04.11.2002-04.11.2007
15.04.2002-15.04.2012
Branch
263
Bank Branch
10133,2 YTL
01.07.2002-01.07.2012
Branch
Branch
400
165
FETHİYE
GAZİOSMANPAŞA
/ANK.
GAZİOSMANPAŞA
/İST.
GEBZE
GİRESUN
Bank Branch
Bank Branch
6627,6 YTL
4500 YTL
01.11.2000-01.11.2005
15.07.2006-15.07.2011
Branch
Branch
Branch
Branch
Branch
Branch
Branch
400
375
256
464
190
405
100
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
6000 USD
5069,55 YTL
3250 YTL
2648,75 YTL
3000 YTL
5000 USD
1287,08 USD
15.10.2004-15.10.2014
15.06.2003-15.06.2013
01.06.2006-01.06.2011
01.02.2002-01.02.2012
01.12.2006-01.12.2013
22.10.2000-22.10.2005
21.11.2004-21.11.2007
Branch
Branch
Branch
Branch
460
155
210
253
İKİTELLİ/İST.
İMES/İST.
İNEGÖL
İSKENDERUN
ISPARTA
İST/4.LEVENT
İST/AHL(SERBEST
BÖLGE )
İST/KOZYATAĞI
İST/KÜÇÜKYALI
İST/MEGACENTER
İST/NİŞANTAŞI
Bank Branch
Bank Branch
Bank Branch
Bank Branch
10801,98 YTL
7.000.00 YTL
2293,89 YTL
13415,27 YTL
01.01.2002-01.01.2007
01.10.2006-01.10.2011
01.12.2002-01.12.2007
12.10.2005-12.10.2015
56
R.Çakır,A.Alkaş
İbrahim Dalcı
S.Topaloğlu
Kaya Holding A.Ş.
Hasan Gültekin
Mehmet Ertürk-Yusuf
Ziya Ertürk
Mehmet Nuri Kutlu
Z.Yüksel Krom, Funda
Krom,
Untaş İnş.Ltd.Şti.
G.Özen Kolaylı
Yolbulan Tic.
Karaman Tic. Ve San.
Od.
Branch
Branch
Branch
470
120
481
Branch
Branch
285
375
Branch
200
Branch
490
Branch
Bank Branch
Bank Branch
Bank Branch
3500 USD
2741,25 USD
9309,21 YTL
01.12.2002-01.12.2007
01.02.2002-01.02.2007
04.11.2002-04.11.2007
Bank Branch
Bank Branch
2850 USD
3000 USD
01.05.2005-01.05.2015
01.01.2005-01.01.2015
Bank Branch
8649,42 YTL
01.04.2006-01.04.2011
Bank Branch
9500 YTL
25.12.2006-25.12.2016
250
İZM/KARABAĞLA
R
İZM/KARŞIYAKA
Bank Branch
8258,02 YTL
01.12.2002-01.12.2007
Branch
Branch
Branch
Branch
815
505
160
154
İZM/ŞİRİNYER
İZMİT
KARABÜK
KARAMAN
Bank Branch
Bank Branch
Bank Branch
Bank Branch
8871,2 YTL
6730,29 YTL
1778,49 YTL
3896,2 YTL
15.04.2006-15.04.2011
01.06.2002-01.06.2012
03.03.2003-03.03.2013
01.07.2005-01.07.2010
Branch
256
Bank Branch
1625 USD
01.05.2005-01.05.2010
Branch
250
Bank Branch
3000 USD
20.02.2003-20.02.2008
Branch
Branch
Branch
370
310
335
Bank Branch
Bank Branch
Bank Branch
2.034.18 YTL
2500 EUR
7000 USD
01.08.2005-01.08.2012
01.12.2002-01.12.2007
01.01.2005-01.01.2010
Branch
Branch
Branch
Branch
Branch
Branch
Branch
235
285
200
335
420
216
342
YENİ SANAYİ/
KAYSERİ
KAZIMKARABEKİ
R/ANK.
KIRŞEHİR
KUŞADASI
LEVENT
ÇARŞI/İST.
LÜLEBURGAZ
MALATYA
MALTEPE/İST
MANAVGAT
MARMARİS
MASLAK/İST.
MERTER/İST.
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
6166,66 YTL
5000 YTL
3560,69 YTL
3166 USD
4909,77 YTL
2896,5 YTL
10095,45 YTL
01.07.2006-01.07.2011
10.03.2006-10.03.2011
01.05.2004-01.05.2009
15.03.2003-15.03.2008
04.11.2002-04.11.2007
01.12.2004-01.12.2009
01.06.2002-01.06.2008
Branch
Branch
Branch
Branch
101
131
256
392
NEVŞEHİR
NİĞDE
NİKSAR
OSMANİYE
Bank Branch
Bank Branch
Bank Branch
Bank Branch
1000 USD
6215,26 YTL
671,72 YTL
2287,91 YTL
02.04.2001-02.04.2008
12.03.2001-12.03.2008
01.01.2000-31.12.2009
17.12.2002-17.12.2009
Branch
380
Bank Branch
7356,4 YTL
01.01.2003-01.01.2010
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
Branch
240
274
442
178
230
400
125
396
213
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
3896,2 YTL
4827,33 YTL
3900,16 YTL
1102,08 YTL
1250 USD
2163,67 YTL
83,34 YTL
1181,02 YTL
1140,83 YTL
01.12.2003-01.12.2013
15.03.2003-15.03.2008
01.01.2005-31.12.2011
01.10.2004-01.10.2008
02.10.2000-02.10.2007
01.06.2003-01.06.2013
01.01.2003-01.01.2006
05.08.2003-05.08.2013
01.03.2006-01.03.2011
Branch
383
PORSUK/
ESKİŞEHİR
REŞİTGALİP/ANK.
RİZE
SAMSUN
SEYDİŞEHİR
SİNCAN
SİTELER/ANK
SULTANDAĞI
SUSURLUK
ŞARKİKARAAĞAÇ
ŞEHİT KAMİL
Bank Branch
1500 USD
01.02.2000-01.02.2010
Branch
Branch
Branch
Branch
Branch
815
192
320
387
300
ŞİRİNEVLER/İST
ŞUHUT
TAŞKÖPRÜ
TEKİRDAĞ
TOKAT
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
5662,41 YTL
698,1 YTL
883,33 YTL
2897,5 YTL
3224,62 YTL
01.02.2002-01.02.2009
01.01.2005-31.12.2009
01.01.2006-31.12.2011
01.09.2002-01.09.2012
01.07.2005-01.07.2010
Branch
Branch
Branch
Branch
338
220
141
187
BÜSAN ORG SAN.
TOROS/ADANA
TOSYA
TRABZON
Bank Branch
Bank Branch
Bank Branch
Bank Branch
1500 USD
3107,87 YTL
904,75 YTL
7500 USD
01.01.2005-31.12.2009
01.05.2000-01.05.2010
29.09.2004-29.09.2009
17.01.2005-17.01.2010
Branch
Branch
Branch
Branch
Branch
Branch
Branch
483
385
154
421
394
150
148
ULUDAĞ/BURSA
UŞAK
ÜMİTKÖY/ANK.
ÜNYE
VAN
YENİÇUBUK
ZONGULDAK
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
3250 USD
4212 YTL
4653,39 YTL
1916,66 YTL
3000 USD
557,96 YTL
3453,2 YTL
16.02.2000-16.02.2010
01.09.2005-01.09.2007
15.12.2001-15.12.2011
01.05.2006-01.05.2011
19.08.2004-19.08.2014
14.05.2001-14.05.2008
11.05.2003-11.05.2008
Sinan Başyazıcıoğlu
Uğurlu Tic.A.Ş.
Osman Yalçınkaya
Guyap Sencer
Mümtaz Esmer
Alpullu Pancar Ekicileri
Hasan İhsan Yıldırım
Doğan Kozanoğlu
H.İbrahim Kendiroğlu
Hamdi AK
Nazmi Akbacı
Dursun,Turgut, Turan
Keskinkılıç
İclal Başer
M.Uyanık
İsmet Kihti
Muzaffer-Müzeyyen
Teke
Mine Uğural
Zeki Balıkçı
Sevimli Demirsaç Tic.
H.Demirağ
Mehmet,Hüseyin Güneş
Ayşe Gürkaynak
Sadık Panayırcı
Belediye
Altan-Ayhan Üstündağlı
Belediye
F.Fehmi,M.Ali
Hösükoğlu
Yaşar Aksoy
Belediye
Ergün ALAY
Emlakbank Vakfı
M.Yamanoğlu,
N. Pekel
Kalkan Yapı
Gülşide Yaşar
N. Ulusoylar
Eyüp, M.Emin
Polatoğlu
Celal Şahin
Uşak Pan. Ekicileri
N. Ayanoğlu
Yalçın Taşçıoğlu
Nazi,Muzaffer Pulat
Ahmet Ergün
Meliha Yüksel
İST/PENDİK ÇARŞI
İST/YEŞİLKÖY
İST/ZEYTİNBURN
U
İST/SEFAKÖY
İVEDİK
ORG..SAN./ ANK.
İZM/HATAY
57
Erdoğan ÇalakH.Yüksel
Ali Uzun
Zekai Şafak
Erol Mutlu
Mümin Gür
Mehmet-Himmet Yıldız
A.Niyazi
Ercan/M.Cemil Ercan
1/2+1/2)
Mustafa Yılmaz
Ziyahin Oğuz
Musa Çınar
Sevin Çiftçi,EminEthem-ZümralMukadder Damla
Aliasgeri Özbudak
Bahar
Dervişoğlu,Gültekin
Turhan
Türkan İleri
Doğan ParlasAhmet Parlas
M.Onur Ağım/G.
Özoğuz 1/2+1/2)
Branch
270
İST/KAVACIK
Bank Branch
3500 USD
01.08.2005-01.08.2012
Branch
Branch
Branch
Branch
Branch
Branch
330
480
255
358
230
1073
İST/SULTANBEYLİ
ŞAŞMAZ/ANK.
ETLİK
TURGUTLU
TOPÇULAR
BEYPAZARI
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
Bank Branch
6250 YTL
5000 YTL
9000 YTL
3500 YTL
4000 EUR
11000 YTL
01.07.2006-01.07.2013
01.06.2006-01.06.2011
02.06.2006-02.06.2011
15.06.2006-15.06.2013
07.06.2006-07.06.2011
01.08.2006-01.08.2013
Branch
Branch
Branch
Branch
270
170
284
198
ÇARŞAMBA
ÇUBUK
SİLİFKE
ÖDEMİŞ
Bank Branch
Bank Branch
Bank Branch
Bank Branch
4000 YTL
3400 YTL
4200 YTL
3900 YTL
01.08.2006-01.08.2011
14.08.2006-14.08.2016
15.08.2006-14.08.2013
15.09.2006-15.09.2016
Branch
Branch
208
312
SALİHLİ
GÖNEN
Bank Branch
Bank Branch
5250 YTL
2500 YTL
15.10.2006-15.10.2013
01.10.2006-01.10.2013
Branch
Branch
252
487
Bank Branch
Bank Branch
4000 YTL
3600 YTL
05.09.2006-05.09.2011
01.11.2006-01.11.2013
Office
721
Office
21000 USD
15.08.2005-15.08.2008
Office
360
Office
5500 USD
15.04.2005-15.04.2010
Office
250
Office
630 USD
15.08.2005-15.08.2015
Office
175
SERİK
GIDA
ÇARŞISI/İZMİR
METROCİTY 21st
FLOOR
METROCİTY 15.
FLOOR
METROCİTY
2.Tes K.
METROCİTY
7.BD.KT
METROCİTY-ATM
Office
1200 USD
01.10.2004-01.10.2014
721 USD
01.12.2004-30.11.2009
Uğur Tekstil
Metrosite
İnş.Müş.Hizm.Tic.
Metrosite
Metrosite
Sermin Hasşerbetçi
Tarpam A.Ş.
Tarpam A.Ş.
Hamdi Acarakçay
İnci-Osman Çağalıkoç
Depo
Depo
Depo
Depo
Dwelling
4500
100
100
550
İrfan Öztürk
Av.Hikmet Yücesoy
Sefa,Vefa,Murat Şahin
Kombassan Holding
Mehmet Ramazan Bayel
Dwelling
Office
Office
Office
Office
140
350
207
350
422
Atilla
Odabaşı,Ö.Başaran
Dwelling
B.DÜZÜ
İSKİTLER- 1
İSKİTLER- 2
BALGAT
LEVENT/
BÜYÜKHANLI
ATAŞEHİR/İST
ISTANBUL
BURSA
KONYA
GAZİANTEP
Depo
Depo
Depo
Depo
Dwelling
7000 USD
253,23 YTL
172,95 YTL
3000 YTL
2500 USD
01.11.2004-01.11.2014
01.06.2006-01.06.2007
01.12.2006-01.12.2007
01.08.2006-01.08.2011
03.01.2006-03.01.2007
Dwelling
Office
Office
Office
Office
700 YTL
3300 USD
2000 YTL
3400 USD
2800 YTL
03.05.2006-03.05.2008
01.11.2006-01.11.2013
03.11.2006-03.11.2014
10.11.2006-10.11.2011
01.12.2006-01.12.2016
SARIKONAKLAR/
ISTANBUL
Dwelling
3750 USD
05.06.2006-05.06.2009
58
Rented to
(Person/
Institution)
Tab Gıda San.
Real estate
Type
Shop
Information of the rented Real estates
M2
Location
Disposal
Rent
Type
Amount
199
Fast Food
77.267,87
Shop
130
Ankara/Çan
Market
40.137,01
Office Place
1.100
Adana/
Private Course
80.602,89
Office Place
760
Adana/
Market
10.125,39
Information on the Real estates hired by the Company
Real
Hired from
M2
Location
Disposal
Rent
Estate
(Person/ Company)
Type
Amount
Asset
Type
Branch
Branch
160
672
Antalya Belediye
Branch
486
Mustafa Sert
Ahmet Gündoğdu
Oya Tümen,Macit Beceren
Branch
Branch
Branch
270
250
384
Mehmet Yiğit
Branch
270
Mustafa Aknil
Doğan Polat
Branch
Branch
240
523
Sedat Özkan
Branch
327
Kayseri Serbest Blg. A.Ş.
Branch
112
Zeki Erkin Büte-Mustafa
Akman
A.Keler,Y.Keler,
M.Demircioğlu
Konsad A.Ş.
Branch
Nilgün Güler
Yalçın Altan
Kemal ÖZTÜRK
Cemal,Mahmut,M.Emin,
Ferit Ceylan
Züleyha Aydın
Zeki Gürkan
Saniye Tek
Tire Ticaret Odası
KİLİS
ERBAA
Ülker,Taner Tümay
Yüksel Aker
Zekiye Kurutepe
ANK/CEBECİ
ANTAKYA/
HATAY
ANTALYA YENİ
HAL
AYDIN
ÇORLU
İST/
FENERYOLU
ISTANBUL/
KAZASKER
İST/SUADİYE
İST/ÜSKÜDAR
28.05.2003 01.08.2013
Seyhan
Mehmet Kaynak
Mehmet Ökten
02.04.200302.04.2008
Seyhan
Migros Türk A.Ş
30.12.2002 01.02.2012
kaya
Zirve Dershanesi
18.10.2001 15.04.2010
hçelievler
ve Tic. A.Ş
Migros Türk A.Ş
Istanbul/Ba
Rent
Term
Rent
Term
Bank Branch
Bank Branch
7500 YTL
4100 YTL
17.03.2007-17.03.2012
01.02.2007-01.02.2012
Bank Branch
1866,66 YTL
01.01.2007-31.12.2007
Bank Branch
Bank Branch
Bank Branch
9000 YTL
7750 YTL
11830 YTL
01.01.2007-01.01.2013
01.03.2007-01.03.2012
04.02.2007-04.02.2012
Bank Branch
12000 YTL
01.05.2007-01.05.2012
Bank Branch
Bank Branch
10000 YTL
12000 YTL
01.02.2007-01.02.2012
01.02.2007-01.02.2017
Bank Branch
9000 USD
01.04.2007-01.04.2014
Bank Branch
5040 USD
01.01.2007-31.12.2007
300
İZM
/GAZİBULVARI
KAYSERİ SERB.
BÖL
TUZLA
Bank Branch
9250 YTL
23.01.2007-23.07.2016
Branch
450
ÇAĞLAYAN
Bank Branch
12000 YTL
01.01.2007-01.01.2014
Branch
Branch
480
352
Bank Branch
Bank Branch
10000 YTL
3000 YTL
07.02.2007-07.02.2017
16.02.2007-16.02.2017
Branch
Branch
Branch
257
304
280
AVCILAR
AYRANCILAR/
İZMİR
KIRKLARELİ
ÇANAKKALE
BATMAN
Bank Branch
Bank Branch
Bank Branch
5000 YTL
7000 YTL
5000 YTL
22.02.2007-22.02.2017
13.03.2007-13.04.2007
23.03.2007-22.03.2017
Branch
Branch
Branch
Branch
259
295
224
306
FATSA
KUMLUCA
KOZAN
TİRE
Bank Branch
Bank Branch
Bank Branch
Bank Branch
2750 YTL
4250 YTL
3500 YTL
3500 YTL
26.03.2007-26.03.2014
01.05.2007-01.05.2013
26.04.2007-26.04.2017
15.04.2007-15.04.2017
Branch
Branch
Office
450
402
500
KİLİS
ERBAA
GÜMÜŞSUYU
Bank Branch
Bank Branch
Office
4000 YTL
4000 YTL
7500 YTL
01.06.2007-01.06.2017
20.04.2007-20.04.2012
01.04.2007-01.04.2012
Dwelling
65
KARTAL/
ISTANBUL
Dwelling
900 YTL
01.02.2007-01.02.2008
59
Özlem Arzu Azer
Dwelling
Yüksel Deniz Sipahioğlu
Dwelling
Rented to
(Person/
Institution)
Çepaş Galvaniz A.Ş
16.
Real
estate
Type
Factory
BEŞİKTAŞ/
ISTANBUL
ULUS/
ISTANBUL
Dwelling
1700 USD
15.04.2007-15.07.2008
Dwelling
2800 YTL
15.04.2007-15.04.2008
Information of the rented Real estates
M2
Location
Disposal
Rent
Type
Amount
1400
Ankara/Kazan
Factory
40.950
Rent
Term
01.01.2007-30.04.2007
Assets obtained via financial leasing by the Company:
a) Informtion on the assets obtained via financial leasing by the Company within the last 3 years:
Type of the
Lease
Lease
Owner of the
Annual Rent Amount (YTL)
2004
2005
2006
Leased Place
CommencementAmount Leased Property at
Completion Date
(YTL)
the end of the
Leasing Period
Office
(Metrocity 8th
Floor)
Office
(Metrocity 9th
Floor)
Office
(Metrocity 10th
Floor)
System
Development
Steel Shelves
purchased for
Beylikdüzü
Warehouse
Wooden Furniture
Money Counter
Machine
Back up Unit and
Notebook
Wooden Products
purchased for the
Branches
Furniture for Çubuk
Branch
Furniture for
Beypazarı Branch
20 Vehicle Amount
20 Vehicle armor
plating amount
Voice Record
Devices and
Furniture
Furniture for UPS
and Branches
50 Wall type ATM
Wooden Furniture
Network
Infrastructure and
System Room
Wooden Furniture
Wooden Furniture
16.12.2004-28.11.2008
2.185.370
ŞEKERBANK T.A.Ş.
84.007
279.323
410.351
30.12.2004-30.12.2008
2.185.370
ŞEKERBANK T.A.Ş.
84.007
279.323
410.351
30.12.2004-31.12.2008
2.185.370
ŞEKERBANK T.A.Ş.
84.007
279.323
410.351
11.02.2005-30.01.2009
48.046
ŞEKERBANK T.A.Ş.
-
43.670
4.943
29.03.2005-30.03.2009
106.314
ŞEKERBANK T.A.Ş.
-
88.250
17.753
20.06.2005-30.06.2009
01.08.2006-30.09.2009
39.533
73.201
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
-
22.825
-
16.405
10.139
14.08.2006-30.07.2010
518.238
ŞEKERBANK T.A.Ş.
-
-
71.791
12.09.2006-30.08.2010
63.868
ŞEKERBANK T.A.Ş.
-
-
7.057
19.09.2006-30.09.2010
72.075
ŞEKERBANK T.A.Ş.
-
-
7.969
19.09.2006-30.09.2010
105.637
ŞEKERBANK T.A.Ş.
-
-
11.654
06.10.2006-30.10.2010
06.10.2006-30.10.2010
466.560
220.486
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
-
-
38.275
18.076
06.10.2006-30.10.2010
74.676
ŞEKERBANK T.A.Ş.
-
-
6.206
19.10.2006-30.10.2010
76.689
ŞEKERBANK T.A.Ş.
-
-
6.374
13.02.2006-31.12.2010
13.02.2006-31.12.2010
13.02.2006-31.12.2010
1.023.266
112.351
2.938.879
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
-
-
57.816
3.042
80.562
29.12.2004-19.12.2008
26.11.2004-24.11.2008
137.360
27.307
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
-
-
-
60
PC
HP Hard Disk
Wooden Furniture
Information Process
Devices
Computer
Equipment
Vanguard Router
Wooden Furniture
Computer
Equipment
Computer
Equipment
Wooden Furniture
Wooden Furniture
Server
Computer
Equipment
Computer
Equipment
Wooden Furniture
Bill board
04.11.2004-03.11.2008
01.11.2004-30.10.2008
14.10.2004-14.10.2008
05.10.2004-03.10.2008
14.132
39.136
12.765
110.246
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
-
-
-
24.09.2004-23.09.2008
198.087
ŞEKERBANK T.A.Ş.
-
-
-
09.09.2004-09.09.2008
26.08.2004-26.08.2008
16.08.2004-15.08.2008
83.730
32.642
67.957
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
-
-
-
03.08.2004-01.08.2008
231.158
ŞEKERBANK T.A.Ş.
-
-
-
29.07.2004-25.07.2008
29.07.2004-25.07.2008
08.07.2004-07.07.2008
21.05.2004-20.05.2008
316.368
356.872
14.522
70.144
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
-
-
-
19.04.2004-18.04.2008
55.107
ŞEKERBANK T.A.Ş.
-
-
-
25.10.2004-24.10.2008
02.06.2004-02.06.2008
17.739
236.211
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
-
-
-
b) Information on the assets obtained via financial leasing by the Company as of 31/03/2007 (final
situation):
The Owner of the Leased
Leasing
Leased Property
Leasing Period
Property at the End of
Amount
Type
CommencementLeasing Period
(YTL)
Completion
93 ATMs and Wooden Furniture
Wooden Furniture, Pc and LCD
Monitor
Wooden Furniture and Adaptor
Wooden Furniture and 18 Notebooks
17.01.2007-30.01.2011
31.01.2007-29.02.2011
1.827.028
1.087.138
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
01.03.2007-30.03.2011
13.03.2007-30.03.2011
185.935
100.153
ŞEKERBANK T.A.Ş.
ŞEKERBANK T.A.Ş.
Leased Property
Type
Leasing Period
CommencementCompletion
Leasing
Amount
(YTL)
The Owner of the Leased
Property at the End of
Leasing Period
Office (Metrocity 2nd Floor)
13.03.2007-30.03.2011
4.045
ŞEKERBANK T.A.Ş.
17.
Possible changes on the raw material supply conditions: NO
18.
Changes on the sale conditions and the sale policy in the last year, the countries where the
products are exported: NO.
19.
Information on patent, license, industrial-trade, financial and other such agreements:
Brands registered on behalf of Şekerbank T.A.Ş.
61
Brand Name
Şekerbank Figure
Şekerbank Figure
Şeker Leasing Figure
Şeker Yatırım Figure
Şeker Sanat Figure
Şeker Çocuk Figure
Registration Number and
Date
26.11.2001 - 2001/24519
12.05.2004 - 2004/13615
12.05.2004 - 2004/13616
12.05.2004 - 2004/13617
12.05.2004 - 2004/13618
12.05.2004 - 2004/13619
26.11.2011
12.05.2014
12.05.2014
12.05.2014
12.05.2014
12.05.2014
7
8
9
10
11
12
13
14
Şeker Factoring Figure
Şekerbank 24 Figure
Şeker.net
Şeker Bilişim
Şeker Tel
Şeker Menu
ŞekerKur
Şeker Puan
31.05.2004 - 2004/16014
31.05.2004 - 2004/16015
31.05.2004 - 2004/16017
31.05.2004 - 2004/16018
31.05.2004 - 2004/16019
31.05.2004 - 2004/16020
31.05.2004 - 2004/16021
31.05.2004 - 2004/16022
31.05.2014
31.05.2014
31.05.2014
31.05.2014
31.05.2014
31.05.2014
31.05.2014
31.05.2014
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Şeker Hesap
ŞEKER HİZMET
ŞEKER DESTEK
ŞEKER YARDIM
ŞEKER ALIŞVERİŞ
ŞEKER HABER
ŞEKER GENÇ
ŞEKER 24
ŞEKER BÜLTEN
ŞEKER ONLİNE
ŞEKER TELEFON
ŞEKER MOBİL
ŞEKER HAT
ŞEKER POS
ŞEKER KART
ŞEKER SMS
27.10.2004 - 2004/35632
23.01.2006 - 2006 01906
23.01.2006 - 2006 01911
23.01.2006 - 2006 01910
23.01.2006 - 2006 01909
23.01.2006 - 2006 01904
23.01.2006 - 2006 01908
23.01.2006 - 2006 01907
23.01.2006 - 2006 01905
01.02.2007 - 2006/01912
01.02.2007 - 2006/01913
01.02.2007 - 2006/01914
01.02.2007 - 2006/01915
01.02.2007 - 2006/01916
01.02.2007 - 2006/01917
01.02.2007 - 2006/01918
27.19.2014
23.01.2016
23.01.2016
23.01.2016
23.01.2016
23.01.2016
23.01.2016
23.01.2016
23.01.2016
Registration decision taken by TPE
1
2
3
4
5
6
20.
Term
If exists, research and development policy related to the new product/services and
product/service processes within the last 3 years:
New products and operations:
ADK Products and Services
Internet Branch and Telephone Banking
Transition to Telephone and Internet Banking, Cash advance calculation tool, Password
determination and change at Internet Branch, Bedaş invoice collections, Türksat invoice collections,
Treasury bond - State Debenture and Euro Bond Transactions (Purchase-Sale), Online tax collections,
taking İzsu invoice instructions, Agency services and significant individual remindments via Internet
Branch, Avea invoice collection and counter loading (may be realized only from the account),
transmitting questions to the Call Center via communication hall with messages, Customs tax
collections, Gisad telecom payment collections, Informing the customers via Şeker sms, realizing
Internet Banking transactions more reliable via Şekerşifre, Share Certificates purchase-sale
transactions, sending e-mail warnings to the customers about the monetary movements at
Individual/Internet Branch, online collection of İski invoices, sending Short Messages (SMS) to the
Customers, AKUT Donations, Nature Association donations, Unicef donations.
62
Call Center
Giving Şeker Company Card and Business Card support via IVR and password determination,
development of IVR and card passwords in compliance with EMV, giving Platinum credit card
support, establishment of infrastructure for the call direction to the Platinum credit card customers
assistance company, SMS sending to inform about the results of the Limit and Term Change
demands, Cancellation Analysis Application Change and call of the customers asking for cancellation
via Anti-Attrition Group, calling the debtor customers Credit Card and Individual Credit Card
customers by Collection Group
ATM
Password change ability for the Chipped Şekerbank Card on ATMs (Chip&Pin), Telephone banking
password change and determination, Jitter (enabling jitter characteristics against card copying in the
regions where there exists a security risk).
Trade/KOBİ/Operational Banking Products and Services
Operation Credits, Organic Agriculture Greenhouse Credit, Agricultural Inventory Credit, Quality
Certificate, Stock Rising Investment Credit, Franchising Credit, Raw Material Credit, TMO Trade
Credit against Voucher, Agricultural Equipment Credit, Breeding Milk and Stock Raising Credit,
Trade Credit in installments (credits for the sector selling goods and services, taxed with simple
methods or keeping books according to the operation accounts (including second class tradesmen)),
Tradesmen Credited Deposit Credit, BMC brand new and second hand financing (a campaign with a
single vehicle company), Credits against Trade Plate Pledge (Taking the trade plates and lines at the
metropolitan states as a security against the credits made available)
Collection Credits (Crediting/making installations for tax collections of the trade companies), Tourist
Support Credit
Individual Credit Products and Services
Dwelling Credits for Completed Construction Projects, Dwelling Construction Cooperative
Completion Credit,
Individual Finance Credit
Fund Management Products and Services
Term Currency Purchase Sale (Forward) Transactions
Under the frame of the Strategy Project Application Plan accepted by our Board of Directors, the
authority of our branches to open new credits was increased in order to strengthen the efficiency of
Şekerbank in the marketing activities and new established 8th Region Management was equipped with
required authorities and started its operations. According to the Strategy Project Application Plan; in
compliance with its local banking understanding, our Bank aims to obtain a significant market share
within the Banking Sector in 2010 by increasing its credit and deposit figures more than the sector
development rate by active marketing and credit activities especially for the companies in
Construction, Food-Agriculture, Tourism sector and KOBİ in all sectors.
In order to improve the efficiency of Şekerbank in marketing activities, target customer shall be
segmented and operations shall be focused on KOBİ and Micro Operation Banking areas.
Furthermore, Banking Services and Cash Management, Trade/KOBİ/Operation Banking and
Strategic Research and Product Development Units are the units that became more efficient after the
restructuring. In order to analyze the customer demands correctly and efficiently and meet the
requirements of the future, Şekerbank determined prioritized sectors. With the help of customer
focused approach, the number of our customers increased and customer satisfaction was improved.
Our applications can be seen more efficiently in the construction, food and agriculture sectors where
Şekerbank traditionally operates. Besides these sectors, tourism sector, other manufacture sectors,
retail sales and trade operations are the other areas in which our Bank improves its operations.
63
Target Customer Mass: KOBİs and Micro Incorporations
Şekerbank focused on KOBİ and Micro/Tradesmen segments which have high development potential
as its target mass. Credit product packs with flexible installations were formed for the machinery and
equipment supply and formation of the technologic infrastructure of KOBİs which form a significant
part of its customer portfolio since its establishment in its long term history and supply of raw
materials and any kind of plant, facility, machinery and equipment needs of the companies within the
production, agriculture and stock raising sectors.
In the future years, Şekerbank shall continue to develop special products for KOBİs and Micro
Incorporations and increase its market share in these areas.
21.
Informtion on the issues stated in Articles 1, 2, 3, 5, 7, and 12 of this part if they are effected
from extra ordinary conditions: NO
22.
Information on the work suspensions occurred within the last 12 months and that had or might
have a significant effect on the financial situation of the Company and information on union
activities and mass employment contracts: NO
23.
Significant duties of the Company:
Current Situation
a) with Shareholders
b) with Personnel
c) with Tax Office
d) with Other Official
Bodies and Entities
e) with Other Real or
Juridical Persons
24.
Near Past (Previous 3 Years)
-
70 Claimants
131 Claimants
13 Claimants
Pending. (Except Interests)
1.498.116,44 YTL
916.778,00 YTL
398.215,24 YTL
Bybloss
2.500.000,00 USD
Besler Gıda
1.500.000,00 EUR
MetroGross Mar. 2.213.514,76 YTL
Information on the investments of the Company:
Pending Investments
Commencement Date
Completion Date
Central System Investment
01.01.2006
31.12.2006
2.100.000
New Software Demands
01.01.2006
31.12.2006
4.900.000
NT Server Investment
01.01.2006
31.12.2006
280.000
Disk Storage Investment
01.01.2006
31.12.2006
1.190.000
Network Investment
01.01.2006
31.12.2006
280.000
External Source Disposal Type
01.01.2006
31.12.2006
168.000
Technical Trainings
01.01.2006
31.12.2006
84.000
Unforeseen Compulsory
Hardware Investments
01.01.2006
31.12.2006
350.000
Unforeseen Compulsory
Software Investments
IT Security
01.01.2006
31.12.2006
280.000
01.01.2006
31.12.2006
70.000
Branch+Unit Hardware
Realization
IT Infrastructure Renewal
Investment
01.01.2006
31.12.2006
15.422.596
24.09.2004
24.09.2008
3.950.000
TOTAL
Investment
Amount (YTL)
29.074.596
64
i) Information on the investments realized by the Company and incentives used and their
conditions: NO
ii) Total amount of the investment incentives to be obtained in the future: NO
iii) Investment policy of the Company: NO
b) Final situation (as of 31.03.2007);
i) Information on the investments realized by the Company and incentives used and their
conditions: NO
ii) Total amount of the investment incentives to be obtained in the future: NO
iii) Investment policy of the Company: NO
25.
Information on the planned material investments: NO
26.
Financial investment policies within the last three years: NO
65
VI.
1.
INFORMATION ON THE GROUP
Business scopes of the Group companies and the shareholdings of the Company:
Şeker Yatırım Duran Varlıklar A.Ş. Finance Sector %99,04
Şeker Faktoring Hizmetleri A.Ş.
Finance Sector
Finance Sector
Şekerbank Off-Shore Ltd.
Finance Sector
Şekerbank (Kıbrıs) Limited
Finance Sector
IT Sector
TARPAM A.Ş.
Service Sector
%84,99
%43,01
%74,30
%91,91
%95,99
%56,70
In the financial tables of Şeker Finansal Kiralama A.Ş., which is a subsidiary of the Company, issued on
31.03.2007 in compliance with the international accounting standards, the capital of the subsidiary was
shown as 25.000.000-YTL, and its equities was minus 3.072.707.-YTL. Since it was seen that the subsidiary
lost 2/3 of its capital in the financial tables issued in compliance with the Capital Market Board standards
the Stock Exchange Board of Directors was taken a decision at its meeting held on 07.06.2007 and it was
said that the balance sheet of Şeker Finansal Kiralama A.Ş. to be issued in compliance with the provisions
of Article 324 of Turkish Commercial Code and the “Public Announcement Information Form” approved by
the audit company should be submitted to İMKB in order to be announced to the public.
“Public Announcement Information Form” to be issued before the independent audit and the balance sheet
as of 31.05.2007 and that was reissued and approved by the independent audit institution in compliance with
the provisions of Article 324 Paragraph 2 of Turkish Commercial Code and issued in compliance with the
provisions of Article 324 of Turkish Commercial Code was submitted to İMKB Management on
06.07.2007.
In the independent special audit report issued by DRT Bağımsız Denetim ve Serbest Muhasebeci Mali
Müşavirlik A.Ş. it was said that “no points showing that the issued balance sheet does not reflect the
financial position of the Company correctly and clearly and therefore it was determined that the capital loss
of the Company was met and 1/3 of the Company capital was saved”.
According to the financial reporting standards announced by SPK, the issued capital of the Company was
7.220.021 YTL as of 31.05.2007, and the issued capital amount stated n the balance sheet on the basis of
current value basis in compliance with Article 324 of Turkish Commercial Code the issue capital was
15.517.957 YTL.
Under the frame of the action plan started to be applied in the last quarter of 2006 in order improve the
capital structure of the Company, a capital increase at amounts of 3 million YTL in 2008, and 2 million
YTL in 2009 were undertaken in cash. According to the financial tables prepared in compliance with
Article 324 of Turkish Commercial Code our subsidiary eliminated its capital loss.
2.
Payable-receivable relations of the Company with its Partners, Subsidiaries, Depended
Companies and other group companies:
The Risk Group of the Company
Credits and other receivables
31.12.2006
31.03.2007
Interest and Commission Expenditures
Subsidiaries and Depended Direct and Indirect Partners of Other Factors Included in the
Companies
the Company
Risk Group
Cash
In-kind
Cash
In-kind
Cash
In-kind
8.015
8.185
396
77.141
65.343
-
66
3.940
3.994
-
-
-
-
Deposits
31.12.2006
31.03.2007
Deposit Interest Expenditures
Companies
the Company
Risk Group
Current Term Previous Term Current Term Previous Term Current Term Previous Term
8.291
4.980
177
10.090
8.291
169
-
-
-
-
Companies
the Company
Risk Group
Current Term Previous Term Current Term Previous Term Current Term Previous Term
Transactions for Purchase Sale Purposes
Term Opening
Term End
Total Profit/Loss
Transactions to be Protected from the
Risks
Term Opening
Term End
Total Profit/Loss
11.125
11.763
454
806
11.125
38
-
-
-
-
-
-
-
-
-
-
3.
Information on the Credits received by the Company and transferred to depended companies
and/or subsidiaries: NO
4.
Information on the Credits received by the depended Companies and/or subsidiaries and made
available to the Company: NO
5.
Information on the Credits obtained by the Company and transferred to the other group
companies: NO
6.
Information on the credits obtained by the group companies and made available to the
Company: NO
67
7.
The amount of the guarantees, securities, warranties, advances, undertakings, endorsements
and other such liabilities given in favor of the Company, Subsidiaries, Depended Companies
and other group companies:
Companies
the Company
Risk Group
Cash
In-kind
Cash
In-kind
Cash
In-kind
Credits and Other Receivables
31.12.2006
31.03.2007
Interest and Commission Incomes
8.
8.015
8.185
396
77.141
65.343
-
3.940
3.994
-
-
-
Information on the consultancy, management and other such services rendered or taken by the
Company, subsidiaries, dependent companies and other group companies within the financial
period and the amounts paid or received:
Under the frame of the “Fund Income Sharing Protocol” executed between Şekerbank T.A.Ş. and
TARPAM, a subsidiary of the Company, on 29.03.2007; a service fee shall be paid to TARPAM for
the incomes to be obtained from the collections to be made at the collection offices opened by
TARPAM at the rates stated in such protocols. In January 2007 139.955-YTL, in February 2007
149.249-YTL and in March 2007 176.356-YTL was paid to TARPAM as service fee.
Şekerbank T.A.Ş. paid 3.308.447 YTL on 31.12.2006 and 950.889 YTL on 31.03.2007 to Şekerbilişim
for the developed software.
ŞEKER YATIRIM obtained 13.125 YTL from Şekerbank T.A.Ş on 31.12.2006 as commission and
paid 4.866.180 YTL agency commission payment. The amount of the agency commission payment as
of 31.03.2007 is 930.288 YTL.
ŞEKER FAKTORING paid 159.419 YTL to Şekerbank T.A.Ş. on 31.12.2006 as banking service
expenditures. 2.119 YTL was paid as of 31.03.2007.
9.
The amount of the credits made available for the Company managers by the Company
and other group companies, their terms, applied interest rates and the guarantees given for
the managers within or out of the business scope of the Company:
1
2
3
4
5
6
7
31.03.2007 –Superior
Management
Personnel Credit
Personnel Credit
Personnel Credit
Personnel Credit
Personnel Credit
Personnel Credit
Personnel Credit
TOTAL
Amount (YTL)
9.523,70
35.052,26
12.784,09
9.803,79
27.863,46
7.967,03
37.119,53
140.113,86
68
Interest Rate
0,00001
18,84
13,08
18,96
13,08
21
13,08
-
10.
The amount of the Credits made available by the Company to the managers of the subsidiaries,
dependent companies and other group companies, their terms, applied interest rates and the
guarantees given for the managers within or out of the business scope of the Company:
1
2
3
4
5
6
31.03.2007 –Superior Management
Personnel Credit
Personnel Credit
Personnel Credit
Personnel Credit
Personnel Credit
Personnel Credit
Amount (YTL)
3.696,54
24.500,33
997,32
25,40
519,26
15.347,28
Interest Rate
15,48
20,04
0,00001
0,0001
0,00001
13,08
11.
Summary Information on the projects related to the transfer of equities and/or external sources
to any subsidiary, dependent company or any other group company: NO
12.
Information on the Company share and/or real estate sale/purchase by the Company to the
subsidiaries, depended companies and other group companies within the last three years:
2004
1/3 shares of Previous Merter
Branch shares were sold to
Şekerbank T.A.Ş Sos.Sig.San.
Fund on 06.01.2004 against
100.000 YTL.
2005
2006
- 604.799 Şeker Yatırım Duran Varlıklar NO
A.Ş. shares were purchased from Şekerbank
Off Shore Limited against 820.008,00 YTL,
- 119.999 Şeker Yatırım Duran Varlıklar
A.Ş. shares were purchased from Şeker
Faktoring
Hizmetleri
A.Ş.
against
162.700,00 YTL,
- 299.999 Şeker Yatırım Duran Varlıklar
A.Ş. shares were purchased from Şeker
Faktoring
Hizmetleri
A.Ş.
against
322.320,00 YTL,
2007
2 floor of
Metrocity
Building was
purchased for
Banking
services from
Şeker
Finansal
Kiralama AS.
via leasing
against 4.045
Thousand
YTL
nd
- 999.999 Şeker Faktoring Hizmetleri A.Ş.
shares were purchased from Şeker Finansal
Kiralama A.Ş. against 1.348.361,80 YTL
and 14.999 Şeker Bilişim Sanayi A.Ş. shares
were purchased against 8.350,86 YTL.
13.
Amounts of the mobile assets included in the mobile assets and related mobile assets group and
issued by the company shareholders, subsidiaries, depended companies and other group
companies and the companies issuing those as of the last financial term: NO
14.
Sale-purchase relations with the shareholders, dependent companies, subsidiaries and other
group companies:
Company Title
PURCHASES
Machinery Equipment
Şeker Finansal Kiralama
A.Ş.
b) Final situation (As of 31/03/2007 Intermediate Term);
69
Transaction Type
Amount
Financial Leasing
5.746
PURCHASES
Machinery Equipment
Building
15.
Company Title
Transaction Type
Amount
A.Ş.
A.Ş.
Financial Leasing
3.200
Financial Leasing
4.045
Interest, rent and other such expenditures paid to the shareholders, dependent companies,
subsidiaries and other group companies:
Company Title
INTEREST, RENT
AND OTHER
PAYMENTS TO THE
GROUP
Financial Leasing
Expenditures
A.Ş.
Deposit
Subsidiaries and
Depended Companies
INTEREST, RENT
AND OTHER
PAYMENTS BY THE
GROUP
Credit Interest Income
Subsidiaries and
Depended Companies
Transaction Type
Amount
Financial Leasing
2.076
Deposit
169
TOTAL
2.245
Credit
424
TOTAL
424
b) Final situation (as of 31/03/2007 Intermediate Term);
Company Title
Transaction Type
INTEREST, RENT
AND OTHER
PAYMENTS TO THE
GROUP
Financial Leasing
Financial Leasing
Expenditures
A.Ş.
Deposit Interest
Subsidiaries and
Deposit
Expenditure
Depended Companies
TOTAL
INTEREST, RENT
AND OTHER
PAYMENTS TO THE
GROUP
Credit Interest Income
Subsidiaries and
Credit
Depended Companies
TOTAL
70
Amount
676
177
853
396
396
VII.
TAXATION BASIS RELATED TO THE SHARE CERTIFICATES
A) Taxation of the incomes obtained from the sale of the share certificates
1. Share Certificates that have been acquired and listed at the Stock Exchange since
01.01.2006 1:
Banks and the broker institutions shall deduct taxes at a rate of %10 2 quarterly on the basis of;
i. The difference between the purchase and sale amounts of the relevant share certificates,
ii. The incomes obtained from share certificate borrowing transactions realized by them.
Limited Liability real persons and entities this rate shall be %0.
If some of the share certificates acquired in different dates are sold, the purchase amount taken as a
base for the tax amount calculations shall be determined on the basis of first in first out method. If the share
certificates are sold before they are acquired, the tax calculation shall be made on the basis of the amount of
the first purchase transaction to be realized after the sale date. In case of several purchases within the same
day, the weighted average method can be applied for the determination of the purchase costs within the
same day. The commissions paid for the purchase and sale transactions and Bank and Insurance Transaction
Tax are taken into consideration on the deduction amount.
In case several share certificate purchase sale transactions in a quarter, these transactions shall be
considered as a transaction for the realization of the tax deduction. The losses stem from the sale purchase
of the share certificate can be settled from the deduction amount of the consequent terms provided that
calendar year is not exceeded.
No deduction is made on the sale of the share certificates that belong to the whole liability
companies, listed in Istanbul Mobile Assets Stock Exchange (İMKB) and kept for a period of more than 1
(one) year. Furthermore, the provisions of Article 80 of Income Tax Law (GVK) numbered 193 shall not be
applied for the incomes obtained from the sale of the share certificates that belong to full liability companies
and listed in İMKB and kept for a period of more than 1 (one) year.
No annual or individual declarations are given by the real persons for the sale purchase incomes of
the share certificates subject to the deduction. These incomes are not included in the annual declarations to
be submitted for the other incomes. The incomes obtained under trade operations are taken into
consideration on the determination of the income in compliance with the trade income provisions and the
taxes paid by deduction are settled from the tax calculated on the declarations where the incomes subject to
deduction are stated in compliance with the provisions of Article 94 of GVK applied for the deducted taxes.
On the other hand, if the income taxpayers desire, they can submit annual declarations for the profit
and loss obtained in the quarters within the same calendar year. For this purpose, all the losses occurred
within a year are collected from the declared income. Tax deduction shall be 15% of the declared income.
The taxes deducted within the year shall be settled from the calculated tax, and the amounts that are not
settled shall be rejected or returned in compliance with the general provisions. On the other hand, the
amounts that can not be settled shall not be transferred to the consequent calendar years.
1
By adding Temporary Article 67 to the Income Tax Law numbered 193 to be in force as of 01.01.2006 , Law numbered 5281 on “Compatibility of
Tax Laws to New Turkish Liras and Changes on Some Laws” in order to be applied for the taxation of the mobile assets for the period between
01.01.2006–31.12.2015 was announced on the Official Gazette dated 31.12.2004 and numbered 25687. On the other hand, Some amendments and
additions were made on the Law dated 22.12.2005 and numbered 5436 on “Amendments on Public Finance Management and Control Law and
Some Laws and Governmental Decrees” by the Temporary Article 67 and subject Law was announced by the Official Gazette dated 24.12.2005 and
numbered 26033. Beside these, some amendments were made on the Law dated 27.06.2006 and numbered 5527 on “Amendments on the Income
Tax Law” and on the Temporary Article 67 and these amendments were announced by the Official Gazette dated 07.07.2006 and numbered 26221.
Furthermore, Income Tax General Announcements numbered 257, 258, 259 and 260 can also be referred.
The Council of Ministers decision numbered 2006/10731 announced at the Official Gazette dated 23.07.2006 and numbered 26237 decreased the
Income Tax withholding rate from %15 to %10 applied for the Turkish investors and increased the profit distribution withholding rate from 10% to
15%..
71
Besides the share certificates, while determining the purchase sale incomes from the other mobile
asset and capital market tools that shall be subject to quarterly deductions, the sale purchase transactions
should be the same type. The incomes shall be determined separately for different types and subject to the
deduction.
Pursuant to the provisions of Temporary Article 67 Paragraph (5), the above mentioned tax
application shall be effected from being a real or juridical person tax payer, being a limited or full liability
tax payer, if there is a tax liability, if there is a tax exemption and the income is subject to a tax exemption.
2. Share Certificates Acquired before 01.01.2006 and Listed or Not Listed at İMKB:
Share Certificates that belong to the full liability tax payer companies and acquired before 3
01.01.2006 shall not be subject to purchase and sale income deductions.
2.1. Real Persons
2.1.1. Full Liability Real Persons:
Share certificate sale purchase incomes shall be subject to income tax in compliance with the
provisions of Repeated Article 80 of GVK amended by Law numbered 4842 On the other hand, pursuant to
the provisions of the same article, the incomes obtained from the sale of “the share certificates acquired
without any law consideration, the share certificates listed at the mobile asset stock exchanges in Turkey
and kept for a period of 3 (three) months or more and share certificates that belong to full liability
incorporations and kept for a period of more than one year” shall not be subject to taxes. In the sale of the
share certificates, like the sale of the public mobile assets, the acquisition amount can be taken into
consideration by applying the wholesale good price rate declared by DİE excluding the month of sale
pursuant to the provisions of Repeated Article 80 of GVK.
Pursuant to the provisions of Repeated Article 80 of GVK, there shall be a need of submission a
declaration for the part exceeding 13.000,-YTL of the amount left after deduction (after the application of
the index rate) for 2005 (BKK numbered 2004/8295). Accordingly, the income obtained from those sold
within three months after the purchase date shall be included in the income tax declaration as “Value
increase income”. Those whose purchase and sale dates are later than three months shall be exempted from
tax.
2.1.2. Limited Liability Real Persons:
It is like the full liability real persons. On the other hand, if the whole income that is subject to
limited liability tax pursuant to the provisions of GVK Article (86/2) is formed by the wages taxed by
deduction in Turkey, self employed person incomes, mobile asset and real estate capital incomes and other
revenues and incomes and they do not have any income subject to withholding, they shall not be subject to
annual declaration but if they have incomes subject to withholding they shall be subject to annual income.
Pursuant to the provisions of GVK Article (101/2), limited liability real persons have to submit their
incomes and revenues stem from the sale of the mobile assets and rights to the tax office of the region
where such assets and rights have been sold in Turkey with an individual declaration.
3
The share certificates acquired after 01.01.2006: Sale purchase incomes of the share certificates shall be subject to income tax pursuant to the
provisions of Repeated Article 80 amended by Article 27 of GVK Law numbered 5281. On the other hand pursuant to the provisions of the aforesaid
law and to be applied fort he incomes obtained after 01.01.2006, the incomes obtained from the share certificates shall not be subject to tax if the
share certificates that acquired without any law consideration and belong to the full liability incorporations and kept by the owner for a period of (2)
years or more”3.
In the sale of the share certificates, like the sale of the public mobile assets, the acquisition amount can be taken into consideration by applying the
wholesale good price rate declared by DİE excluding the month of sale pursuant to the provisions of Repeated Article 80 of GVK.
Pursuant to the provisions of Repeated Article 80 of GVK, there shall be a need of submission a declaration for the part exceeding
6,.000,-YTL of the amount left after deduction (after the application of the index rate) for 2006 (for 2007 6.400,-YTL- GVK General Announcement
numbered 259). Accordingly, the income obtained from those sold within three months after the purchase date shall be included in the income tax
declaration as “Value increase income”. Those whose purchase and sale dates are later than three months shall be exempted from tax.
The share certificates acquired after 01.01.2006 via the banks and broker institutions in Turkey or the incomes that are not subject to withholding in
Turkey pursuant to the provisions of Temporary Article 67 of GVK shall not be declared.
72
2.2. Incorporations
2.2.1. Incomes Obtained from the Sale of the Share Certificates Registered at the Actives of
the Incorporation Taxpayers:
Purchase sale incomes obtained from the trade activities of the incorporation shall be declared and
taxed as trade income.
2.2.2. Limited Liability Incorporations:
Pursuant to the provisions of GVK Article (37/5), if the taxpayer Company has the right to sell and
purchase mobile assets via an office or has a representative in Turkey, the purchase sale incomes shall be
taxed as trade income. Pursuant to the Repeated Article 81 of GVK, if the limited liability taxpayer
continuously deals with sale purchase activities, the incomes obtained from the currency differences shall be
taken into consideration for the determination of the trade income.
3. Share Certificates acquired by real persons after 01.01.2006 and not listed at İMKB:
After the amendments on Law numbered 5281, if the share certificates of the full liability
companies not included in İMKB are sold within 2 years, the purchase sale income shall be exempted from
tax. If such certificates are sold within 2 years the income obtained shall be stated in the annual declaration.
B) Taxation of the share certificate profit shares and dividend advances
For the share certificate profits to be obtained after 01.01.2006, the tax rules applied in 2005 shall
be applied in the same except the deductions to be made pursuant to the provisions of Temporary
Article 67 of GVK. The regulations for the taxation of the share certificate profits and dividend advances
on 31.12.2005 and before shall be as follows.
1. Real Persons
1.1. Full Liability Real Persons:
Pursuant to the provisions of Article (86/1-c) of GVK, declarations shall be submitted for the profit
shares obtained from the incorporations including the mobile asset revenue amounts taxed by deduction and
with a gross amount of 15.000,-YTL for 2005 revenue according to Article 9 of Law numbered 4842 4
(Second half of Income Tax) 5.
Pursuant to the amendments on Article 94 Paragraph one clause (6) sub clause (b) of GVK by Law
numbered 4842, deduction is made at the profit distribution stage. Pursuant to the Article (94/6-b) of
GVK amended by Law numbered 4842, a deduction at the rate determined by the Council of Ministers
(15%) shall be applied on the “distributed profit shares” distributed by the full liability incorporations to
the “full liability real persons, those persons, who are not income or incorporation taxpayers and exempted
from this tax, limited liability real persons, limited liability incorporations and the limited liability tax
payers exempted from income and incorporation tax”.
Pursuant to the provisions of Article 22 added to GVK by Law numbered 4842, “half of the profit
shares” obtained from full liability incorporations and stated in Article 75 paragraph two clauses (1), (2)
and (3) of GVK is exempted from income tax. Deduction made on this exempted amount pursuant to the
provisions of Article 94 of GVK and the all the deducted tax shall be settled from the tax calculated on the
4
This amount is 18.000,-YTL for 2006 and 19.000,-YTL for 2007.
With the amendments on the taxation of the profit shares made by Law numbered 4842 “tax receivable system” was cancelled and all the tax
deductions made within the Company can be settled from the tax calculated on the basis of the annual declaration if the profit share is declared by
annual declaration.
5
73
basis of the annual declaration if the tax is declared by annual declarations. Besides these, the free of charge
share certificates acquired by the real person shareholders by the addition of profits to the capital should be
declared as “mobile asset capital revenue” 6.
Dividend advances are considered the same as the profit shares.
1.2. Limited Liability Real Persons:
Pursuant to the provisions of Article (94/6-b) of GVK amended by Law numbered 4842, deduction
at the rate determined by the Council of Ministers shall be applied on the “distributed profit shares”
distributed by the full liability incorporations to the “full liability real persons, those persons, who are not
income or incorporation taxpayers and exempted from this tax, limited liability real persons, limited
liability incorporations and the limited liability tax payers exempted from income and incorporation tax 7.
Pursuant to the provisions of GVK Article (86/2) if the all the limited liability is formed by the
wages taxed by deduction in Turkey, self employed person incomes, mobile asset and real estate capital
incomes and other revenues and incomes, there is no need to give annual declaration.
On the other hand, pursuant to the provisions of Article (101/5) of GVK, other income and revenues
obtained by the limited liability taxpayers from the works that were subject to real tax and abandoned, their
other income and revenues obtained from tender increase or decrease or without any trade, agricultural or
professional activity, mobile asset capital revenues not taxed by deduction and any kind of income and
revenues should be declared to the tax office of the relevant region in Turkey with an individual declaration.
2. Incorporations
2.1. Profit shares obtained from the share certificates registered to the actives of the trade
incorporations
Pursuant to the provisions of Article (94/6-b) of GVK amended by Law numbered 4842, deduction
at the rate determined by the Council of Ministers shall be applied on the “distributed profit shares”
distributed by the full liability incorporations to the “full liability real persons, those persons, who are not
income or incorporation taxpayers and exempted from this tax, limited liability real persons, limited liability
incorporations and the limited liability tax payers exempted from income and incorporation tax. If they are
obtained by trade institution as a result of trade activity such incomes shall be declared and taxed as trade
income. Pursuant to the provisions of Article 6 of Law numbered 5520 on Incorporation Tax (KVK), the
incorporation income is determined in compliance with the trade income provisions of GVK, and therefore
they shall be applied for the trade incorporations and these income shall be included in the incorporation
income. On the other hand, pursuant to the provisions of Article (5/1) of KVK, the profit shares obtained
from participation to another full liability company are exempted from incorporation tax except the profit
shares obtained from share certificates of the investment partners. 8
6
This issue can be summarized as follows: Pursuant to the Income Tax Announcement numbered 231 of the Ministry of Finance published at the
Official Gazette dated 06/02/2000 and numbered 23956, the free of charge share certificates obtained by adding the profit to the company capital by
the real persons should be declared as “Mobile Asset capital revenue” in compliance with Articles 85 and 86 of Income Tax Law. On the other hand,
in the decision taken by 4th Court of Council of State taken on 06.12.2000 with Base Number: 2000/1307, Decision Number: 2000/5053 it was said
that in Article 94 paragraph one clause (6/b-i) of GVK the addition of the profit to the is not considered as profit distribution and therefore there is
no profit obtained for the shareholders and it was decided to cancel the Announcement numbered 231 on the declaration of these incomes and this
decision became certain by the decision of the Tax Case Offices General Assembly dated 08/06/2001 with Base number: 2001/180 and Decision
number: 2001/224.
7
On the other hand, pursuant to Temporary Article 62 added to GVK by law numbered 4842; if the profit shares obtained by the from the incomes
obtained by the Incorporation Taxpayers on or before 31.12.1998 are exempted from income tax. In case of the distribution of the incomes that were
obtained by the Incorporation Taxpayers out of the period before 31.12.1998 and within the financial period ending on 31.12.2002 or before are
disturbed, after adding (1/9) of the profit obtained to the net amount of the profit shares obtained by real persons, half of the amount obtained shall
be taken as a base for the tax purposes. If an annual declaration is given for this income, (1/5) of the amount stated in the declaration shall be settled
as income tax.
8
On the other hand, pursuant to the provisions of Temporary Article 62 of GVK added by Law numbered 4842;
1. No deduction is made pursuant to the provisions of Article 94 of GVK from Incorporation Taxpayers if;
a) the income is obtained in the financial terms ending on 31.12.1998 or before,
b) incomes not included in clause (a) and obtained from in the financial terms ending on 31.12.2002 or before and exempted from incorporation tax.
2. The profit shares obtained by the real person under paragraph (1) clause (a) are exempted from income tax.
74
2.2. Limited Liability Incorporations:
The explanations for the full liability incorporations are applied. On the other hand,
deduction shall be applied on the amount transferred to the headquarters from the mobile asset capital
revenue stated in Article 75 paragraph two clause 84) of GVK pursuant to the KVK.
C) Explanation on the liability of the deduction of tax withholding by the issuer
All the deductions to be made for the income obtained from the sale of share certificates in
2005 and before pursuant to the tax legislations shall be deducted by the relevant company and for
the 01.01.2006-31.12.2015 term by the banks and the broker companies.
3. After adding the profit shares obtained by real persons under paragraph (1) clause (b) (1/9) of the profit obtained to the net amount of the profit
shares obtained by real persons, half of the amount obtained shall be taken as a base for the tax purposes. If an annual declaration is given for this
income, (1/5) of the amount stated in the declaration shall be settled as income tax.
4. If the Incorporation Taxpayers obtains any profit shares as stated in paragraph (1) in this Article directly or via their subsidiaries, the distribution
of these profit shares and declaration of these profit shares shall be made in compliance with the provisions of paragraphs (1), (2) and (3) of this
article.
5. Provisions of Article 22 of GVK shall not be applied fort he profit shares under this article.
75
VIII. OTHER ISSUES
1. The termination reasons of the joint stock companies stated in Turkish Commercial Code
and Turkish Commercial Code and Execution and Bankruptcy Law are also applied for the
companies open to the public.
2. Following documents are available for the examination of the deposit holders in the
application place stated in Part II in the Company Headquarters located at Büyükdere Caddesi No:
171 Metrocity A-Blok 34330 1.Levent/ Istanbul:
a) Articles of Incorporation,
b) Any kind of reports (operation reports, independent audit reports, reports issued by
the broker companies before the issuance, .....) financial tables, appraisals and opinions prepared by
the experts and taken as a base for the information stated in the explanations.
3. (If exists) explanations on the provisions of the legislations for which the Company
is subject to.
The Company is subject to Banking Law numbered 5411 published in the Official Gazette dated 1
October 2005 and numbered 25983.
76
THE PERSONS RESPONSIBLE FOR THE EXPLANATIONS
1. We hereby declare that within our knowledge the data and information contained in these
explanations are true and correct and there is no missing information that might materially effect
these explanations.
ŞEKERBANK TÜRK ANONİM ŞİRKETİ
Address: Büyükdere Cad. No: 171 Metrocity A-Blok
34330 1.Levent/ISTANBUL
Authorized Signatures
H.Cenk EYNEHAN
Investor Relations and
Subsidiaries Manager
Broker Company :
Headquarters Address:
İrem SOYDAN
Financial Control and
Accounting Manager
Mesut ÖZDİNÇ
Vice General Manager
Şeker Yatırım Menkul Değerler A.Ş.
Fulya Mah. Şenol Sk. No: 13/3 Şişli / ISTANBUL
Nazmi SARIKAYA
Vice General Manager
Osman GÖKTAN
General Manager
We hereby declare that the information contained in this explanation and its annexes and
related to the 31/12/2005, 31/12/2006, 31/03/2006 and 31/03/2007 terms and audited by us are in
compliance with the audit report(s) issued by our Company.
Independent Audit Company
DRT Bağımsız Denetim ve Serbest
Muhasebeci Mali Müşavirlik A.Ş.
Özlem Gören Güçdemir
Özlem Gören Güçdemir
Responsible Shareholder Head
Auditor
Authorized Signatories
Name Surname
Title
Sign
Address
Sun Plaza Dereboyu Sok No. 24
Maslak-Istanbul
2. Information on the responsible persons for each part of the Explanations:
3. If exists, explanations on the information audited by the independent audit companies
besides the financial tables:
77

sermaye pi̇yasasi kurulu

Transkript

Benzer belgeler

Davetiyeyi görüntülemek için tıklayınız!

erginhoca.com – YDS Reading Vocabulary Test

2Q Number 3

Alfabe mold

boyner büyük mağazacilik anoni̇m şi̇rketi̇ minutes of the annual