Yapı ve Kredi Bankası A.Ş.

Publicly announced unconsolidated financial statements and related disclosures at September 30, 2023 together with auditor's review report

(Convenience translation of publicly announced unconsolidated financial

statements and review report originally issued in Turkish, See

Note I. of Section three)

AUDITOR'S REVIEW REPORT ON INTERIM FINANCIAL INFORMATION

(Convenience translation of the independent auditor's review report originally issued in Turkish, See Note I of Section Three)

To the General Assembly of Yapı v e Kredi Bankası A .Ş.

Introduction

We hav e reviewed the unconsolidated balance sheet of Yapı ve Kredi Bankası A.Ş. ("the Bank") at

30 September 2023 and the related unconsolidated statement of profit or loss, unconsolidated statement of profit or loss and other comprehensive income, unconsolidated statement of changes in shareholders' equity, unconsolidated statement of cash flows and a summary of significant accounting policies and other explanatory notes to the unconsolidated financial statements for the nine-month-period then ended. The Bank Management is responsible for the preparation and fair presentation of interim financial information in accordance with the Banking Regulation and Supervision Agency ("BRSA") Accounting and Reporting Legislation which includes "Regulation on Accounting Applications for Banks and Safeguarding of Documents" published in the Official Gazette no.26333dated 1 November 2006, and other regulations on accounting records of Banks published by Banking Regulation and Supervision Agency and circulars and interpretations published by BRSA and Turkish Accounting Standard 34 "Interim Financial Reporting" for those matters not regulated by the aforementioned regulations. Our responsibility is to express a conclusion on these interim financial information based on our review.

Scope of Review

We conducted our review in accordance with the Standard on Review Engagements (SRE) 2410, "Limited Rev iew of Interim Financial Information Performed by the Independent Auditor of the Entity". A review of interim financial information consists of making inquiries, primarily of persons responsible for financial reporting process, and applying analytical and other review procedures. A review of interim financial information is substantially less in scope than an independent audit performed in accordance with the Independent Auditing Standards and the objective of which is to express an opinion on the financial statements. Consequently, a review of the interim financial information does not provide assurance that the audit firm will be aware of all significant matters which would have been identified in an audit. Accordingly, we do not express an opinion.

Conclusion

Based on our review nothing has come to our attention that causes us to believe that the accompanying unconsolidated financial information does not present fairly in all material respects the financial position of Yapı ve Kredi Bankası A.Ş. at 30 September 2023 and its financial performance and its cash flows for the nine-month-period then ended in accordance with the BRSA Accounting and Financial Reporting Legislation.

Report on other regulatory requirements arising from legislation

Based on our review, nothing has come to our attention that causes us to believe that the financial information provided in the accompanying interim activity report in Section Seven, is not consistent with the reviewed unconsolidated financial statements and disclosures in all material respects.

Additional Paragraph for Convenience Translation:

BRSA Accounting and Financial Reporting Legislation explained in detail in Section Three differ from International Financial Reporting Standards ("IFRS") issued by the International Accounting Standards Board including the application of IAS 29 - Financial Reporting in Hyperinflationary Economies as of

30 September 2023. Accordingly, the accompanying unconsolidated financial statements are not intended to present fairly the unconsolidated financial position, results of operations, changes in equity and cash flows of the Bank in accordance with IFRS.

PwC Bağımsız Denetim ve

Serbest Muhasebeci Mali Müşavirlik A.Ş.

Didem Demer Kaya, SMMM

Partner

Istanbul, 24 October 2023

Convenience translation of publicly announced unconsolidated interim financial statements andreview

report originally issuedin Turkish, See Note I. of Section three

THE UNCONSOLIDATED INTERIM FINANCIAL REPORT OF

YAPI VE KREDI BANKASI A.Ş. AS OF SEPTEMBER 30, 2023

Addre ss

:Yapı Kredi Plaza D Blok

Levent 34330 İstanbul

Telephone

:0212 339 70 00

Fax

:0212 339 60 00

Website

:www.yapikredi.com.tr

E-mail

:financialreports@yapikredi.com.tr

The unconsolidated financial report for the nine months which is prepared in accordance with the "Communiqué

Related to Publicly Announced Financial Statements of Banks and Explanations and Notes Related to these Financial Statements" as regulated by the Banking Regulation and Supervision Agency includes the following sections.

  • GENERAL INFO RMATIO N ABO UT THE BANK
  • UNCO NSOLIDATED FINANCIAL STATEMENTS O F THE BANK

∙ EXPLANATIO NS O N ACCO UNTING PO LICIES APPLIED IN THE RELATED PERIO D

∙ INFO RMATIO N RELATED TO FINANCIAL PO SITIO N AND RISK MANAGEMENT O F THE BANK

  • EXPLANATIO NS AND NO TES RELATED TO UNCO NSOLIDATED FINANCIAL STATEMENTS
  • INDEPENDENT AUDITO R'S REVIEW REPO RT
  • INTERIM ACTIVITY REPO RT

The accompanying unconsolidated financial statements for the nine months period, related disclosures and footnotes which have been limitedly reviewed and presented in this report are prepared in accordance with the Regulation on Accounting Applications for Banks and Safeguarding of Documents, Turkish Accounting Standards, Turkish Financial Reporting Standards, the related statements and guidances, and in compliance with the financial records of the Bank, and unless stated otherwise, presented in thousands of Turkish Lira (TL).

Y. Ali KO Ç

Gökhan ERÜN

Demir KARAASLAN

Barış SAVUR

Chairman of the

Executive Director and

Chief Financial O fficer

Financial Reporting and

Board of Directors

CEO

Accounting Executive Vice President

Dr. Ahmet ÇİMENO ĞLU

Nevin İPEK

Chairman of the Audit

Member of the Audit

Committee

Committee

Contact information of the personnel in charge of the addressing of questions about this financial report: Name -Surname /Title : Cengiz T İMUROĞLU / Balance Sheet Management and Financial Analysis Manager

Telephone

: 0212 339 77 67

Fax

: 0212 339 61 05

Section one - G eneral information

1.

History of the Bank including its incorporation date, initial legal status and amendments to legal status, if any

1

2. Explanation about the Bank's capital structure, shareholders holding directly or indirectly, collectively or i ndividually, the management and

controlling power and changes in current year, if any and explanations on the controlling group of the Bank

1

3.

Explanations regarding the board of directors, members of the audit committee, chief executive officer and executive vice pre sidents

and their areas

of responsibility and shares if any

2

4.

Information on the individual and corporate shareholders having control shares of the Bank

3

5.

Summary information on the Bank's activities and service types

3

6. Differences between the communiqué on preparation of consolidated financial statements of Banks and Turkish Accounting Standards and short

explanation about the entities subject to full consolidation or proportional consolidation and entities which are deducted fr om equity or entities which

are not included in these three methods

3

7. The existing or potential, actual or legal obstacles on the immediate transfer of shareholder's equity between the Bank and i ts subsidiaries or

reimbursement of liabilities

3

Section two - Unconsolidated financial statements

1.

Balance sheet (Statement of Financial Position)

4

2.

Off-balance sheet commitments

6

3.

Statements of profit or loss

7

4.

Statement of profit or loss and other comprehensive income

9

5.

Statement of changes in shareholders' equity

10

6.

Statement of cash flows

12

Section three - Accounting policies

1.

Explanations on basis of presentation

13

2.

Explanations on strategy of using financial instruments and foreign currency transactions

14

3.

Explanations on investments in associates, subsidiaries and joint ventures

14

4.

Explanations on forward and option contracts and derivative instruments

15

5.

Explanations on interest income and expense

17

6.

Explanations on fee and commission income and expense

17

7.

Explanations on financial assets

17

8.

Explanations on impairment of financial assets

21

9.

Explanations on offsetting financial assets

23

10.

Explanations on sales and repurchase agreements and securities lending transactions

23

11.

Information on assets held for resale and related to discontinued operations and explanations on liabilities related with these assets

23

12.

Explanations on goodwill and other intangible assets

24

13.

Explanations on property and equipment

24

14.

Explanations on leasing transactions

25

15.

Explanations on provisions, contingent asset and liabilities

25

16.

Explanations on obligations related to employee benefits

25

17.

Explanations on taxation

27

18.

Explanations on borrowings

28

19.

Explanations on issuance of share certificates

28

20.

Explanations on avalized drafts and letter of acceptances

29

21.

Explanations on government grants

29

22.

P rofit reserves and profit distribution

29

23.

Earnings per share

29

24.

Related parties

29

25.

Explanations on operating segments

29

26.

Explanations on other matters

29

Section f our - Financial Position and Risk Management

1.

Explanations on equity

30

2.

Explanations on risk management

34

3.

Explanations on currency risk

35

4.

Explanations on interest rate risk

36

5.

Explanation on share certificates position risk from banking book

38

6.

Explanations on liquidity risk management and liquidity coverage ratio

38

7.

Explanations on leverage ratio

43

8.

Explanations on hedge accounting

43

9.

Explanations on the activities carried out on behalf of ot hers and fiduciary transactions

45

10.

Explanations on operating segments

46

Section f ive - Explanations and notes related to unconsolidated financial statements

1.

Explanations and notes related to assets

48

2.

Explanations and notes related to liabilities

58

3.

Explanations and notes related to off-balance sheet accounts

63

4.

Explanations and notes related to income statement

64

5.

Explanations and notes related to the Bank's risk group

68

6.

Explanations and notes related to subsequent events

68

Section six - Explanations on independent audit review report

1.

Explanations on independent auditor's review report

69

2.

Explanations and notes prepared by independent auditor

69

Section seven - Information on interim activity report

1.

Interim activity report which also contains the evaluation of the Chairman and the CEO of the Bank about the interim period a ctivities

70

(Convenience translation of publicly announced unconsolidated financial statements originally issued in Turkish, see in note 1. of section three)

Yapı ve Kredi Bankası A.Ş.

Notes to unconsolidatedfinancial statements as of September 30, 2023

(Unless otherwise stated amounts are expressed in thousands of Turkish Lira (" TL"))

Section one

General Information

  1. History of the Bank including its incorporation date, initial legal status and amendments to legal status, if any:
    Yapı ve Kredi Bankası A.Ş. ("the Bank" or "Yapı Kredi"), was established and started operations on September 9,
    1944 with the permission of the Council of Ministers No. 3/6710 as a private capital commercial bank authorised to perform all banking, economic, financial and commercial activities which are allowed by the laws of the Turkish Republic. The statute of the Bank has not changed since its incorporation.
  2. Explanations about the Bank's capital structure, shareholders holding directly or indirectly, collectively or individually, the management and controlling power and changes in current year, if any and explanations on the controlling groupof the Bank:
    Bank's publicly traded shares are traded on the Borsa Istanbul ("BIST") since 1987. As of September 30, 2023, 38,83% of the shares of the Bank are publicly traded (December 31, 2022 - 32,03%). 40,95% of the shares out of the remaining 61,17% is owned by Koç Finansal Hizmetler A.Ş. ("KFS") which is owned by Koç Group, 20,22% is owned by Koç Holding A.Ş.
    KFS was established on March 16, 2001 to combine Koç Group finance companies under one organisation and it became the main shareholder of Koçbank in 2002. On October 22, 2002, Koç Group established a strategic partnership with UniCredit Group ("UCG") over KFS.
    In 2005, the Bank's shares that were owned by Çukurova Group Companies and the Saving Deposits Insurance Fund ("SDIF") were purchased by Koçbank. In 2006, Koçbank purchased additional shares of the Bank fromBIST and an investment fund and, during the same year, all rights, receivables, debts and liabilities of Koçbank were transferred to the Bank pursuant the merger of the two banks. As a result of the merger and the share transfer procedures in 2007 and of a capital increase by TL 920 million in 2008, KFS shares in the Bank increased to 81,80%. KFS shares increased to 81,90% with the capital increase by TL 4,1 billion in 2018.
    As of November 30, 2019, Koç Group and UCG have reached a deal to exchange their shares in the Bank and KFS.
    Accordingly all the shares of KFS, which was currently a joint venture, were transferred to Koç Group. Besides, after the shares were transferred, KFS held 40,95%, UCGheld 31,93% directly and Koç Group held a total of 49.99% directly and indirectly of the Bank shares and became controlling shareholder.
    In addition, as of February 6, 2020, UniCredit also announced the placement of an 11,93% shares in Bank to institutional investors. The transaction has been completed on February 13, 2020. As a result UCG held directly 20,00% of the Bank shares.
    In year 2021, UCG completed the sale of 2,00% shares in stock market and for the sale of remaining 18,00% shares UCG came to an agreement with Koç Group as per the Share Sale and Purchase Agreement relating to the sale of the Bank publicly disclosed as of November 30, 2019. Accordingly, it has been announced that Koç Group used its right of first offer for the sale of the Bank shares which are planned to be sold by UCG. The sale of the relevant shares was completed on April 1, 2022, and Koç Holding A.Ş.'s share ratio increased from9,02% to 27,02%.
    As of July 28, 2023, Koç Holding A.Ş sold its 6,81% share in the Bank to institutional investors through off- exchange sale. After the sale, shareholding of Koç Holding A.Ş in the Bank decreased to 20,22%.

- 1 -

(Convenience translation of publicly announced unconsolidated financial statements originally issued in Turkish, see in note 1. of section three)

Yapı ve Kredi Bankası A.Ş.

Notes to unconsolidatedfinancial statements as of September 30, 2023

(Unless otherwise stated amounts are expressed in thousands of Turkish Lira (" TL"))

3. Explanations regarding the board of directors, members of the audit committee, Chief Executive Officer and executive vice presidents, and their areas of responsibility and shares if any:

As of September 30, 2023, the Bank's Board of Directors, Members of the Audit Committee, General Manager and Assistant General Managers are as follows.

Board of Directors Members:

Name

Responsibility

Y. Ali KOÇ

Chairman

Levent ÇAKIROĞLU

Vice Chairman

Gökhan ERÜN

Executive Director and CEO

A. Ümit TAFTALI

Member

Ahmet ÇİMENOĞLU

Independent Member

Ahmet Fadıl ASHABOĞLU

Member

Kemal UZUN

Member

Nevin İPEK

Independent Member

Polat ŞEN

Member

Virma SÖKMEN

Independent Member

Audit Committee Members:

Name

Responsibility

Ahmet ÇİMENOĞLU

Chairman

Nevin İPEK

Member

General Manager:

Name

Responsibility

Gökhan ERÜN

Executive Director and CEO

Assistant General Managers (1):

Name

Responsibility

Abdullah GEÇER

Internal Audit

Akif Cahit ERDOĞAN

Commercial and SME Banking Management

Demir KARAASLAN

Financial Planning and Administration

Mehmet Erkan AKBULUT

Credits

Mehmet Erkan ÖZDEMİR

Compliance, Internal Control and Risk Management

/ Consumer Relations Coordination Officer

MuharremKaan ŞAKUL

Corporate Banking

Özden ÖNALDI

Human Resources, Organization and Internal Services Management

Saruhan YÜCEL

Treasury Management

Serkan ÜLGEN

Retail Banking

Uğur Gökhan ÖZDİNÇ

Technology, Data and Process Management

Yakup DOĞAN

Limitless Banking

  1. As of October 9, 2023, Hakan Kaya was appointed as Chief Legal Officer due to resignation of Cemal Aybars Sanal, Assistant General Manager responsible for Legal Management, as of September 22, 2023.

- 2 -

(Convenience translation of publicly announced unconsolidated financial statements originally issued in Turkish, see in note 1. of section three)

Yapı ve Kredi Bankası A.Ş.

Notes to unconsolidatedfinancial statements as of September 30, 2023

(Unless otherwise stated amounts are expressed in thousands of Turkish Lira (" TL"))

4.

Information on the individual and corporate shareholders having control shares of the Bank:

Share amounts

Share

Paid-in capital

Name/Commercial title

(nominal)

percentage

(nominal)

Unpaid portion

Koç Finansal Hizmetler A.Ş.

3.459.065.642,23

40,95

3.459.065.642,23

-

Koç Holding A.Ş

1.707.666.574,00

20,22

1.707.666.574,00

-

Koç Finansal Hizmetler A.Ş. is managed of Koç Group, and Temel Ticaret ve Yatırım A.Ş.

5.

Summary information on the Bank's activities andservice types:

The Bank's activities summarized from the section 3 of the articles of association are as follows.

The Bank's purpose and subject matter, in accordance with the Banking Law, regulations and existing laws, include;

The execution of all banking activities,

The execution of all economic and financial activities which are allowed by the regulation,

The execution of the representation, attorney and agency activities related to the subjects written above,

The purchase and sale of share certificates, bonds and all the capital market instruments, in accordance with

Capital Market Law and regulations.

In case of necessity for performing activities which are useful and required but that are not specified in the articles of association, a Board of Directors' proposal is to be presented to the General Assembly. With the approval of the General Assembly the proposal becomes applicable, subject to the approvals required by law.

As of September 30, 2023, the Bank has 795 branches operating in Turkey and 1 branch in overseas (December 31, 2022 - 800 branches operating in Turkey, 1 branch in overseas).

As of September 30, 2023, the Bank has 15.584 employees (December 31, 2022 - 15.431 employees).

  1. Differences between the Communiqué on Preparation of Consolidated Financial Statements of Banks and
    Turkish Accounting Standards and short explanation about the entities subject to full consolidation or proportional consolidation and entities which are deducted from equity or entities which are not included in these three methods:
    According to Communiqué on Preparation of Consolidated Financial Statements of Banks and Turkish Accounting Standards, Banque de Commerce et de Placements SA, one of the associates of the Bank is consolidated through
    "Equity Method" in the consolidated financial statements of the Group. Allianz Yaşamve Emeklilik A.Ş., on which the Bank has indirect participation, is also consolidated through "Equity Method" in the consolidated financial statements of the Group.
    Yapı Kredi Kültür Sanat Yayıncılık Tic. ve San. A.Ş., Enternasyonal Turizm Yatırım A.Ş., Yapı Kredi Teknoloji A.Ş. and Yapı Kredi Finansal Teknolojiler A.Ş. which are subsidiaries of the Bank, are not consolidated into the
    Bank's consolidated financial statements in accordance with Communiqué on Preparation of Consolidated Financial
    Statements since these entities are not financial institutions. All other subsidiaries are fully consolidated.
  2. The existing or potential, actual or legal obstacles on the immediate transfer of shareholder's equity between the Bank and its subsidiaries or reimbursement of liabilities:
    None.

- 3 -

(Convenience translation of publicly announced unconsolidated financial statements originally issued in Turkish, see in note 1. of section three)

Yapı ve Kredi Bankası A.Ş.

Unconsolidated financial statements as of September 30, 2023 andDecember 31, 2022

(Unless otherwise stated amounts are expressed in thousands of Turkish Lira (" TL"))

Section two - Unconsolidated financial statements

1. Balance sheet (Statement of Financial Position)

I.

  1. 1.1

  2. 1
  1. 2
  1. 3
  1. 4
    1.2
  2. 1
  1. 2
  1. 3
    1.3
  2. 1
  1. 2
  1. 3
    1.4
  2. 1
  1. 2
    II.
    2.1
    2.2
    2.3
    2.4
  1. 1
  1. 2
    2.5 III.
    3.1
    3.2
    IV.
    4.1
  1. 1
  1. 2
    4.2
  2. 1
  1. 2
    4.3
  2. 1
  1. 2
    V.
    VI.
    6.1
    6.2
    VII.
    VIII.
    IX.
    X.

Current Period

Prior Period

(30/09/2023)

(31/12/2022)

ASSET

Note

(Section five)

TL

FC

Total

TL

FC

Total

FINANCIAL ASSETS (Net)

184.537.926

218.253.844

402.791.770

113.049.467

156.734.130

269.783.597

Cash and Cash Equivalents

1.1

107.480.818

177.343.344

284.824.162

42.404.472

129.912.724

172.317.196

Cash and Balances with Central Bank

105.689.903

150.892.571

256.582.474

35.736.034

108.160.096

143.896.130

Banks

1.4.1

976

22.997.594

22.998.570

4.303

.372

22.102.594

26.405.966

Money Markets

1.4.2

1.795

.237

4.187.963

5.983

.200

2.461

.599

-

2.461

.599

Provisions for Expected Losses (-)

5.298

734.784

740

.082

96.533

349.966

446

.499

Financial Assets Measured at Fair Value Through Profit Or Loss

1.2

1.886

2.370.204

2.372

.090

31.895

1.533.562

1.565

.457

Government debt securities

-

503.141

503

.141

-

365.229

365

.229

Share certificates

-

-

-

-

-

-

Other financial assets

1.886

1.867.063

1.868

.949

31.895

1.168.333

1.200

.228

Financial Assets Measured at Fair Value Through Other Comprehensive Income

1.5,1.6

64.933.344

27.378.721

92.312.065

60.355.860

16.987.893

77.343.753

Government debt securities

62.826.577

27.369.638

90.196.215

58.487.789

16.981.656

75.469.445

Share certificates

115

.685

9.083

124

.768

100

.138

6.237

106

.375

Other financial assets

1.991

.082

-

1.991

.082

1.767

.933

-

1.767

.933

Derivative Financial Assets

1.3

12.121.878

11.161.575

23.283.453

10.257.240

8.299.951

18.557.191

Derivative financial assets measured at fair value through profit or loss

9.199

.408

6.856.999

16.056.407

6.599

.170

4.600.024

11.199.194

Derivative financial assets measured at fair value through other comprehensive income

2.922

.470

4.304.576

7.227

.046

3.658

.070

3.699.927

7.357

.997

FINANCIAL ASSETS MEASURED AT AMORTISED COST (Net)

728.318.468

298.975.891

1.027.294.359

506.887.704

226.465.024

733.352.728

Loans

1.7

572.577.830

215.161.713

787.739.543

432.703.419

171.737.805

604.441.224

Receivables From Leasing Transactions (Net)

1.12

-

-

-

-

-

-

Factoring Receivables

797

.072

8.967

806

.039

1.671

.378

1.725

1.673

.103

Financial Assets Measured at Amortised Cost

1.8

181.859.516

98.369.023

280.228.539

96.448.465

66.852.133

163.300.598

Government debt securities

179.164.568

98.369.023

277.533.591

96.117.661

66.852.133

162.969.794

Other financial assets

2.694

.948

-

2.694

.948

330

.804

-

330

.804

Provisions for Expected Losses (-)

26.915.950

14.563.812

41.479.762

23.935.558

12.126.639

36.062.197

ASSETS HELD FOR RESALE AND RELATED TO DISCONTINUED

OPERATIONS (Net)

1.15

1.034

.440

-

1.034

.440

1.035

.873

-

1.035

.873

Held for Sale Purposes

1.034

.440

-

1.034

.440

1.035

.873

-

1.035

.873

Related to Discontinued Operations

-

-

-

-

-

-

INVESTMENTS IN ASSOCIATES, SUBSIDIARIES AND JOINT VENTURES

11.248.556

21.429.611

32.678.167

7.559

.181

13.289.276

20.848.457

Investments in Associates (net)

1.9

38.446

4.859.140

4.897

.586

38.446

2.871.962

2.910

.408

Consolidated based on Equity Method

-

-

-

-

-

-

Unconsolidated

38.446

4.859.140

4.897

.586

38.446

2.871.962

2.910

.408

Subsidiaries (Net)

1.10

11.210.110

16.570.471

27.780.581

7.520

.735

10.417.314

17.938.049

Unconsolidated Financial Subsidiaries

11.177.794

16.570.471

27.748.265

7.488

.419

10.417.314

17.905.733

Unconsolidated Non -Financial Subsidiaries

32.316

-

32.316

32.316

-

32.316

Joint Ventures (Net)

1.11

-

-

-

-

-

-

Consolidated based on Equity Method

-

-

-

-

-

-

Unconsolidated

-

-

-

-

-

-

PROPERTY AND EQUIPMENT (Net)

11.259.832

-

11.259.832

9.846

.677

-

9.846

.677

INTANGIBLE ASSETS [Net]

1.560

.082

-

1.560

.082

1.206

.951

-

1.206

.951

Goodwill

-

-

-

-

-

-

Other

1.560

.082

-

1.560

.082

1.206

.951

-

1.206

.951

INVESTMENT PROPERTY (Net)

1.13

-

-

-

-

-

-

CURRENT TAX ASSETS

-

-

-

-

-

-

DEFERRED TAX ASSETS

1.14

2.967

.093

-

2.967

.093

5.146

.976

-

5.146

.976

OTHER ASSETS

1.16

50.902.383

34.301.301

85.203.684

37.935.135

28.937.199

66.872.334

TOTAL ASSETS

991.828.780

572.960.647

1.564.789.427

682.667.964

425.425.629

1.108.093.593

The accompanying explanations and notes forman integral part of these financial statements.

- 4 -

(Convenience translation of publicly announced unconsolidated financial statements originally issued in Turkish, see in note 1. of section three)

Yapı ve Kredi Bankası A.Ş.

Unconsolidated financial statements as of September 30, 2023 andDecember 31, 2022

(Unless otherwise stated amounts are expressed in thousands of Turkish Lira (" TL"))

1. Balance sheet (Statement of Financial Position)

Current Period

Prior Period

(30/09/2023)

(31/12/2022)

Note

(Section

LIABILITIES

five)

TL

FC

Total

TL

FC

Total

I.

DEPOSITS

2.1

578.149.074

368.507.514

946.656.588

387.420.825

285.344.493

672.765.318

II.

BORROWINGS

2.3.1

1

.732.852

108.967.349

110.700.201

1.777

.296

68.271.124

70.048.420

III.

MONEY MARKETS

35.477.717

32.358.314

67.836.031

28.114.263

7.400.223

35.514.486

IV.

MARKETABLE SECURITIES ISSUED (Net)

2.3.4

6

.768.612

55.408.889

62.177.501

8.072

.854

32.467.470

40.540.324

4.1

Bills

6

.365

.683

5.919.058

12.284.741

7.407

.273

2.031.595

9.438.868

4.2

Asset backed Securities

-

-

-

-

-

-

4.3

Bonds

402

.929

49.489.831

49.892.760

665

.581

30.435.875

31.101.456

V.

FUNDS

-

-

-

-

-

-

5.1

Borrower Funds

-

-

-

-

-

-

5.2

Other

-

-

-

-

-

-

VI.

FINANCIAL LIABILITIES MEASURED AT FAIR VALUE THROUGH

PROFIT OR LOSS

2.3.3.2

480.231

66.708.559

67.188.790

687

.777

36.551.882

37.239.659

VII.

DERIVATIVE FINANCIAL LIABILITIES

2.2

6

.644

.898

8.711.465

15.356.363

7.906

.985

5.867.022

13.774.007

7.1

Derivative liabilities measured at fair value through profit or loss

6

.626

.706

8.711.465

15.338.171

7.874

.635

5.867.022

13.741.657

7.2

Derivative liabilities measured at fair value through other comprehensive income

18.192

-

18.192

32.350

-

32.350

VIII.

FACTORING PAYABLES

-

-

-

-

-

-

IX.

LEASE PAYABLES (Net)

2.5

2

.811

.640

33.870

2.845.510

1.833

.056

22.335

1.855.391

X.

PROVISIONS

2.6

9

.778

.530

1.495.199

11.273.729

9.883

.862

1.200.279

11.084.141

10

.1

Provisions for Restructuring

-

-

-

-

-

-

10

.2

Provisions for Employee Benefits

2.6.1

3

.489.738

-

3.489.738

3.181

.053

-

3.181.053

10

.3

Insurance Technical Provisions (Net)

-

-

-

-

-

-

10

.4

Other Provisions

2.6.3

6

.288.792

1.495.199

7.783.991

6.702

.809

1.200.279

7.903.088

XI.

CURRENT TAX LIABILITIES

2.7

5

.600

.993

-

5.600.993

5.598

.484

-

5.598.484

XII.

DEFERRED TAX LIABILITIES

-

-

-

-

-

-

LIABILITIES FOR PROPERTY AND EQUIPMENT HELD FOR SALE AND

XIII.

RELATED TO DISCONTINUED OPERATIONS (Net)

2.8

-

-

-

-

-

-

13

.1

Held for Sale

-

-

-

-

-

-

13

.2

Related to Discontinued Operations

-

-

-

-

-

-

XIV.

SUBORDINATED DEBT

2.9

1

.051

.222

39.610.820

40.662.042

725

.201

38.663.031

39.388.232

14

.1

Loans

-

7.412.304

7.412.304

-

16.059.998

16.059.998

14

.2

Other Facilities

1

.051

.222

32.198.516

33.249.738

725

.201

22.603.033

23.328.234

XV.

OTHER LIABILITIES

2.4

60.397.099

11.890.998

72.288.097

44.251.681

9.777.060

54.028.741

XVI.

SHAREHOLDERS' EQUITY

2.10

141.681.897

20.521.685

162.203.582

112.577.247

13.679.143

126.256.390

16

.1

Paid in Capital

8

.447

.051

-

8.447.051

8.447

.051

-

8.447.051

16

.2

Capital Reserves

2

.227

.873

-

2.227.873

2.176

.031

-

2.176.031

16

.2.1

Share Premium

556

.937

-

556.937

556

.937

-

556.937

16

.2.2

Share Cancellation Profits

-

-

-

-

-

-

16

.2.3

Other Capital Reserves

1

.670

.936

-

1.670.936

1.619

.094

-

1.619.094

16

.3

Other accumulated comprehensive income that will not be reclassified in profit or loss

4

.196

.179

548.511

4.744.690

2.735

.650

438.666

3.174.316

16

.4

Other accumulated comprehensive income that will be reclassified in profit or loss

(7.819.725)

19.973.174

12.153.449

5.342

.905

13.240.477

18.583.382

16

.5

Profit Reserves

85.928.315

-

85.928.315

41.130.921

-

41.130.921

16

.5.1

Legal Reserves

2

.496

.040

-

2.496.040

1.747

.175

-

1.747.175

16

.5.2

Statutory reserves

-

-

-

-

-

-

16

.5.3

Extraordinary Reserves

83.431.233

-

83.431.233

39.383.386

-

39.383.386

16

.5.4

Other Profit Reserves

1.042

-

1.042

360

-

360

16

.6

Profit or loss

48.702.204

-

48.702.204

52.744.689

-

52.744.689

16

.6.1

Prior years' profits or losses

-

-

-

-

-

-

16

.6.2

Current period net profit or loss

48.702.204

-

48.702.204

52.744.689

-

52.744.689

TOTAL LIABILITIES

850.574.765

714.214.662

1.564.789.427

608.849.531

499.244.062

1.108.093.593

The accompanying explanations and notes forman integral part of these financial statements.

- 5 -

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Yapi ve Kredi Bankasi AS published this content on 24 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 October 2023 07:09:40 UTC.