2021 ANNUAL REPORT
Summary Balance Sheet and Income Statement

(TL thousand)

Assets

December 2017

December 2018**

December 2019

December 2020

December 2021

Liquid Assets

1,922,270

2,794,983

3,810,683

10,273,948

18,639,347

Securities Portfolio

524,210

1,303,242

2,952,183

6,895,629

11,702,431

Loans*

11,374,744

17,739,425

28,991,184

42,206,410

66,399,920

Other Assets

528,919

351,153

638,123

811,009

1,570,894

Total Assets

14,350,143

22,188,803

36,392,173

60,186,996

98,312,592

 

 

 

 

 

 

Liabilities

 

Funds Collected

10,024,595

15,151,908

25,457,245

46,386,150

77,933,897

Other Funds

2,645,856

4,232,433

6,010,284

8,625,463

12,605,353

Other Liabilities

276,011

586,689

1,757,817

1,441,110

3,451,607

Shareholders’ Equity

1,403,681

2,218,583

3,166,827

3,734,273

4,321,735

Total Liabilities

14,350,143

22,188,803

36,392,173

60,186,996

98,312,592

Selected Income/Expenses

 

Profit Shares Income

981,392

2,090,556

3,594,457

4,191,345

6,259,916

Profit Shares Expense

538,306

1,319,722

2,225,532

2,122,807

4,745,377

Profit Shares Income/Expense

443,086

770,834

1,368,925

2,068,538

1,514,539

Fees and Commissions Income/Expense

30,343

60,726

94,452

92,541

147,334

Trading Income/Loss (net)

11,556

57,781

69,478

83,310

214,813

Other Operating Income

2,663

80,212

159,008

268,144

551,638

Other Operating Expense

197,531

175,188

241,143

316,932

392,167

Provision Expense

90,143

256,021

579,415

1,168,068

988,603

Income Before Tax

199,974

414,549

705,300

792,482

730,171

Tax Provision

(41,072)

(91,884)

(188,565)

(153,920)

(171,482)

Net Profit/Loss

158,902

322,665

516,735

638,562

558,689

 

*Expected Loss Provisions and Non-Performing Receivables are included.
**Reported previous period figures are taken into account.