PASHA BANK ENG 20

PASHA Yatırım Bankası A.Ş. (Amounts are expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) (Convenience Translation of Publicly Announced Financial Statements Originally Issued in Turkish, See Note I of Section Three) The accompanying notes are an integral part of these financial statements. SECTION TWO UNCONSOLIDATED FINANCIAL STATEMENTS I. BALANCE SHEET (STATEMENT OF FINANCIAL POSITION) Current Period 31/12/2020 Prior Period 31/12/2019 ASSETS Note LC FC Total LC FC Total I. FINANCIAL ASSETS (Net) 64,098 273,939 338,037 168,154 162,324 330,478 1.1 Cash and cash equivalents 31,283 268,006 299,289 151,330 162,192 313,522 1.1.1 Cash and balances at Central Bank (5.1.1) 6,083 149,017 155,100 3,692 123,039 126,731 1.1.2 Banks (5.1.3) 2,522 118,989 121,511 757 39,153 39,910 1.1.3 Receivables from money markets 23,011 - 23,011 147,045 - 147,045 1.1.4 Allowance for expected credit losses (-) (333) - (333) (164) - (164) 1.2 Financial assets at fair value through profit or loss (5.1.2) 1,472 5,933 7,405 - - - 1.2.1 Public debt securities - - - - - - 1.2.2 Equity instruments - 5,933 5,933 - - - 1.2.3 Other financial assets 1,472 - 1,472 - - - 1.3 Financial assets at fair value through other comprehensive income (5.1.4) 30,850 - 30,850 16,824 - 16,824 1.3.1 Public debt securities 14,039 - 14,039 4,620 - 4,620 1.3.2 Equity instruments 7,659 - 7,659 7,659 - 7,659 1.3.3 Other financial assets 9,152 - 9,152 4,545 - 4,545 1.4 Derivative financial assets 493 - 493 - 132 132 1.4.1 Derivative financial assets at fair value through profit or loss (5.1.2) 493 - 493 - 132 132 1.4.2 Derivative financial assets at fair value through other comprehensive income (5.1.11) - - - - - - II. FINANCIAL ASSETS MEASURED AT AMORTİSED COST (Net) 419,389 1,146,377 1,565,766 218,930 905,439 1,124,369 2.1 Loans (5.1.5) 404,170 980,596 1,384,766 257,246 803,289 1,060,535 2.2 Receivables from leasing transactions (5.1.10) 57,377 50,792 108,169 6,920 25,594 32,514 2.3 Factoring receivables - - - - - - 2.4 Financial assets measured at amortised cost (5.1.6) - 116,776 116,776 - 79,975 79,975 2.4.1 Public debt securities - 45,092 45,092 - 29,918 29,918 2.4.2 Other financial assets - 71,684 71,684 - 50,057 50,057 2.5 Allowance for expected credit losses (-) (5.1.5) (42,158) (1,787) (43,945) (45,236) (3,419) (48,655) III. NON-CURRENTS ASSETS OR DISPOSAL GROUPS HELD FOR SALE AND FROM DISCONTINUED OPERATIONS (Net) (5.1.16) - - - - - - 3.1 Held for sale - - - - 3.2 Held from discontinued operations - - - - IV. INVESTMENTS IN ASSOCIATES, SUBSIDIARIES AND JOINT VENTURES - - - - - - 4.1 Investments in associates (Net) (5.1.7) - - - - - - 4.1.1 Associates accounted by using equity method - - - - - - 4.1.2 Non-consolidated associates - - - - - - 4.2 Investments in subsidiaries (Net) (5.1.8) - - - - - - 4.2.1 Non-consolidated financial subsidiaries - - - - - - 4.2.2 Non-consolidated non-financial subsidiaries - - - - - - 4.3 Jointly Controlled Partnerships (Joint Ventures) (Net) (5.1.9) - - - - - - 4.3.1 Jointly controlled partnerships accounted by using equity method - - - - - - 4.3.2 Non-consolidated jointly controlled partnerships - - - - - - V. TANGIBLE ASSETS (Net) (5.1.12) 88,878 - 88,878 90,238 - 90,238 VI. INTANGIBLE ASSETS AND GOODWILL (Net) (5.1.13) 6,849 - 6,849 6,077 - 6,077 6.1 Goodwill - - - - - - 6.2 Other 6,849 - 6,849 6,077 - 6,077 VII. INVESTMENT PROPERTIES (Net) (5.1.14) 144,862 - 144,862 145,599 - 145,599 VIII. CURRENT TAX ASSETS 632 - 632 993 - 993 IX. DEFERRED TAX ASSETS (5.1.15) 13,746 - 13,746 15,628 - 15,628 X. OTHER ASSETS (Net) (5.1.17) 20,639 - 20,639 12,121 - 12,121 TOTAL ASSETS 759,093 1,420,316 2,179,409 657,740 1,067,763 1,725,503 Unconsolidated Financial Statements At 31 December 2020 112 Annual Report 2020 PASHA Bank Year-End Financial Report