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Anadolu Hayat Emeklilik 2014 Annual Report
TRANSACTIONS EXECUTED WITH THE RISK
GROUP IN WHICH THE COMPANY IS INCLUDED
During the reporting period, the Company collected TRY 18,456,610 (31 December 2013: TRY 15,486,007)
employer contribution for private pension plans from related parties, and accrued TRY 140,003 employer premium
for life insurance (31 December 2013: TRY 506,769). Other material transactions executed with related parties in
the fiscal years that ended on 31 December 2014 and 31 December 2013 are presented below:
31 December 2014
(TRY)
31 December 2013
(TRY)
Milli Reasürans TAŞ - premiums written, ceded
Premiums written, ceded
979,814
979,814
702,590
702,590
Milli Reasürans TAŞ - commission income from reinsurers
Commission income from reinsurers
358,212
358,212
294,309
294,309
Türkiye İş Bankası A.Ş. – rental income
Türkiye İş Bankası A.Ş. - interest income from deposits
Investment income
9,775
793,017
802,792
8,785
663,404
672,189
İş Portföy Yönetimi A.Ş. - investment consultancy fee
İş Yatırım Menkul Değerler A.Ş. – MKK service commission
Investment expense
209,604
18,375
227,979
195,552
15,750
211,302
56,945,206
13,138,675
4,690,978
51,918,079
12,984,035
4,178,552
4,161,523
1,147,282
3,131,677
825,064
2,517,842
864,484
1,649,623
764,575
836,280
635,908
163,212
85,101,390
664,311
588,558
157,199
76,861,673
Türkiye İş Bankası A.Ş. - commission of production
İş Portföy Yönetimi A.Ş. – portfolio management fee of pension funds
İş Merkezleri Yönetim ve İşletim A.Ş. – building administrative
expense
İş Gayrimenkul Yatırım Ortaklığı A.Ş. – rent expense
İş-Net Elektronik Bilgi Üretim Dağ. Tic. ve İletişim A.Ş. communication expense
Anadolu Anonim Türk Sigorta Şirketi – premium paid
Türkiye İş Bankası A.Ş. – commission of premium collection and
banking services
Türkiye İş Bankası A.Ş. – fund operation service expense
Türkiye İş Bankası A.Ş. – rent expense
Anadolu Anonim Türk Sigorta Şirketi – rent expense
Other expenses
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Anadolu Hayat Emeklilik 2014 Annual Report
TRANSACTIONS EXECUTED WITH THE RISK GROUP IN WHICH THE
COMPANY IS INCLUDED
The related party balances as at 31 December 2014 and 2013 are as follows:
Türkiye İş Bankası A.Ş. – receivables from credit card collections
Cash and cash equivalents
Türkiye İş Bankası A.Ş. – bank deposits
Cash at banks
Anadolu Anonim Türk Sigorta Şirketi – premium receivables
Receivables from main operations
Türkiye İş Bankası A.Ş. – commission payables
Milli Reasürans TAŞ – premium payables
Payable from main operations
Anadolu Anonim Türk Sigorta Şirketi – premium payables
Payables to shareholders
İş Portföy Yönetimi A.Ş.
İş Merkezleri Yönetim ve İşletim A.Ş.
İş-Net Elektronik Bilgi Üretim Dağıtım Ticaret ve İletişim A.Ş.
Other payables
31 December 2014
(TRY)
31 December 2013
(TRY)
122,993,852
122,993,852
102,192,002
102,192,002
55,310,333
55,310,333
9,813,038
9,813,038
-
-
8,341,018
219,276
8,560,294
5,081,480
99,454
5,180,934
12,944
12,944
5,014
5,014
3,225,837
397,962
41,507
3,665,306
4,115,797
353,476
96,614
4,565,887
The conclusion of the Associated Company Report 2014, which is prepared pursuant to Article 199 of the Turkish
Commercial Code no 6102, is copied below:
“Between our Company and our controlling shareholder İşbank or other Group Companies affiliated to İşbank,
there is:
• No transfer of receivables, payables or assets,
• No legal transaction creating liability such as providing suretyship, guarantee or endorsement,
• No legal transaction that might result in transfer of profit.
All legal transactions with the controlling company and group companies affiliated thereto during the 2014
operating year have been carried out on an arm’s length basis, according to the terms and conditions known to us,
and necessary counter-performances have been provided, and the Company did not register loss.”
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