PASHA BANK ENG 20

PASHA Yatırım Bankası A.Ş. Notes to Unconsolidated Financial Statements at 31 December 2020 (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) INFORMATION RELATED TO UNCONSOLIDATED FINANCIAL POSITION AND RISK MANAGEMENT(Continued) X. EXPLANATIONS ON THE ACTIVITIES CARRIED OUT ON BEHALF AND ACCOUNT OF OTHER PERSONS The Bank, has been authorized to provide trading brokerage activity, portfolio brokerage activity, best-effort copy public offering brokerage activity and limited custody services. The Bank does not deal with fiduciary transactions. XI. EXPLANATIONS ON OPERATING SEGMENTS Current Period Corporate Banking Treasury and Asset Liability Management Total Total Assets 1,448,990 730,419 2,179,409 Total Liabilities 78,725 2,100,684 2,179,409 Net Interest Income/(Loss) 112,993 (37,101) 75,892 Net Fee and Commission Income/(Loss) 3,121 1,065 4,186 Trading Gain/(Loss) 146 5,330 5,476 Other Operating Segments Gain/(Loss) 6,531 2,534 9,065 Provisions for Loan Losses and Other Receivables (-) (2,884) (1,664) (4,548) Other Operating Expense (-) - (47,983) (47,983) Profit Before Tax 119,907 (77,819) 42,088 Tax Provision (30,518) 19,806 (10,712) Net Profit 89,389 (58,013) 31,376 Prior Period Corporate Banking Treasury and Asset Liability Management Total Total Assets 1,044,394 681,109 1,725,503 Total Liabilities 35,393 1,690,110 1,725,503 Net Interest Income/(Loss) 109,266 (12,206) 97,060 Net Fee and Commission Income/(Loss) 4,224 (207) 4,017 Trading Gain/(Loss) - (3,284) (3,284) Other Operating Segments Gain/(Loss) 5,195 562 5,757 Provisions for Loan Losses and Other Receivables (-) (38,720) (270) (38,990) Other Operating Expense (-) - (31,591) (31,591) Profit Before Tax 79,965 (46,996) 32,969 Tax Provision (17,652) 10,374 (7,278) Net Profit 62,313 (36,622) 25,691 Annual Report 2020 PASHA Bank Year-End Financial Report 189