VAKIFBANK
2015 ANNUAL REPORT
170
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I. OF SECTION THREE
TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI
UNCONSOLIDATED FINANCIAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2015
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
The classification of fair value measurements of financial assets and liabilities measured at fair value is as follows:
31 December 2015
Level 1
Level 2
Level 3
Total
Financial assets at fair value through profit/loss:
Financial assets held for trading purpose:
-
885,467
-
885,467
Derivative financial assets held for trading purpose
-
885,467
-
885,467
Available-for-sale financial assets
13,800,761
2,893,955
79,238
(**)
16,773,954
Debt securities
13,800,761
2,893,955
79,238
16,773,954
Investments in associates and subsidiaries
548,852
-
1,273,616
(*)
1,822,468
Total Financial Assets
14,349,613
3,779,422
1,352,854
19,481,889
Financial liabilities at fair value through profit/loss:
Derivative financial liabilities held for trading purpose
-
-
-
-
Total Financial Liabilities
-
(289,589)
-
(289,589)
(*)
This amount consist of fair value of the affiliates and subsidiaries determined by independent valuation companies.
(**)
79,238 TL which is in 3rd Level and classified under available for sale financial assets, consists of securities representing share in capital.
31 December 2014
Level 1
Level 2
Level 3
Total
Financial assets at fair value through profit/loss:
Financial assets held for trading purpose:
619
379,576
-
380,195
Derivative financial assets held for trading purpose
619
379,576
-
380,195
Available-for-sale financial assets
14,832,268
1,491,014
-
16,323,282
Debt securities
14,832,268
1,491,014
-
16,323,282
Investments in associates and subsidiaries
631,875
-
1,053,475
(*)
1,685,350
Total Financial Assets
15,464,762
1,870,590
1,053,475
18,388,827
Financial liabilities at fair value through profit/loss:
Derivative financial liabilities held for trading purpose
-
(250,252)
-
(250,252)
Total Financial Liabilities
-
(250,252)
-
(250,252)
(*)
This amount consist of fair value of the affiliates and subsidiaries determined by independent valuation companies.
