2022 ANNUAL REPORT
SUMMARY BALANCE SHEET AND INCOME STATEMENT

(TL thousand)

Assets

December 2018**

December 2019

December 2020

December 2021

December 2022

Liquid Assets

2,794,983

3,810,683

10,273,948

18,639,347

38,204,442

Securities Portfolio

1,303,242

2,952,183

6,895,629

11,702,431

27,215,503

Loans*

17,739,425

28,991,184

42,206,410

66,399,920

144,858,268

Other Assets

351,153

638,123

811,009

1,570,894

3,065,377

Total Assets

22,188,803

36,392,173

60,186,996

98,312,592

213,343,590

 

 

 

 

 

 

Liabilities

December 2018**

December 2019

December 2020

December 2021

December 2022

Funds Collected

15,151,098

25,457,245

46,386,150

77,933,897

173,139,198

Other Funds

4,232,433

6,010,284

8,625,463

12,605,353

21,400,178

Other Liabilities

586,688

1,757,817

1,441,110

3,451,607

7,425,769

Shareholders’ Equity

2,218,584

3,166,827

3,734,273

4,321,735

11,378,445

Total Liabilities

22,188,803

36,392,173

60,186,996

98,312,592

213,343,590

 

Selected Income/Expenses

December 2018**

December 2019

December 2020

December 2021

December 2022

Profit Shares Income

2,090,557

3,594,457

4,191,345

6,259,916

20,231,260

Profit Shares Expense

1,319,723

2,225,532

2,122,807

4,745,377

12,488,773

Net Profit Shares Income/Expense

770,834

1,368,925

2,068,538

1,514,539

7,742,487

Net Fees and Commissions Income/Expense

60,727

94,452

92,541

147,334

245,945

Dividend Income

177

17,762

104

-

774

Trading Income/Loss (net)

57,781

69,478

83,310

214,813

1,214,691

Other Operating Income

80,212

159,008

268,144

551,638

876,254

Provision Expense

256,021

579,415

1,168,068

988,603

2,931,630

Personnel Expense

123,973

183,767

235,155

317,383

798,367

Other Operating Expense

175,188

241,143

316,932

392,167

886,388

Income Before Tax

414,549

705,300

792,482

730,171

5,463,766

Tax Provision

(91,884)

(188,565)

(153,920)

(171,482)

(1,623,494)

Net Profit/Loss

322,665

516,735

638,562

558,689

3,840,272

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