2023 ANNUAL REPORT
SUMMARY BALANCE SHEET AND INCOME STATEMENT

(TL thousand)

Assets

December 2019

December 2020

December 2021

December 2022

December 2023

Liquid Assets

3,810,683

10,273,948

18,639,347

38,204,442

73,659,078

Securities Portfolio

2,952,183

6,895,629

11,702,431

27,215,503

43,136,449

Loans*

28,991,184

42,206,410

66,399,920

144,858,268

259,770,687

Other Assets

638,123

811,009

1,570,894

3,065,377

7,690,391

Total Assets

36,392,173

60,186,996

98,312,592

213,343,590

384,256,605

 

 

 

 

 

 

Liabilities

December 2019

December 2020

December 2021

December 2022

December 2023

Funds Collected

25,457,245

46,386,150

77,933,897

173,139,198

304,372,374

Other Funds

6,010,284

8,625,463

12,605,353

21,400,178

51,646,783

Other Liabilities

1,757,817

1,441,110

3,451,607

7,425,769

8,405,901

Shareholders’ Equity

3,166,827

3,734,273

4,321,735

11,378,445

19,831,547

Total Liabilities

36,392,173

60,186,996

98,312,592

213,343,590

384,256,605

 

Selected Income/Expenses

December 2019

December 2020

December 2021

December 2022

December 2023

Profit Shares Income

3,594,457

4,191,345

6,259,916

20,231,260

43,986,005

Profit Shares Expense

2,225,532

2,122,807

4,745,377

12,488,773

38,557,020

Net Profit Shares Income/Expense

1,368,925

2,068,538

1,514,539

7,742,487

5,428,985

Net Fees and Commissions Income/Expense

94,452

92,541

147,334

245,945

2,931,888

Dividend Income

17,762

104

-

774

714

Trading Income/Loss (net)

69,478

83,310

214,813

1,214,691

2,158,546

Other Operating Income

159,008

268,144

551,638

876,254

2,113,854

Provision Expense

579,415

1,168,068

988,603

2,931,630

3,318,215

Personnel Expense

183,767

235,155

317,383

798,367

2,086,880

Other Operating Expense

241,143

316,932

392,167

886,388

2,811,685

Income Before Tax

705,300

792,482

730,171

5,463,766

4,417,207

Tax Provision

(188,565)

(153,920)

(171,482)

(1,623,494)

(412,710)

Net Profit/Loss

516,735

638,562

558,689

3,840,272

4,004,497

*Financial Leasing, Expected Loss Provisions and Non-Performing Receivables are included.