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PART III: FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT
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.)
11. Information on equity
Paid-in capital
Current Period
Prior Period
Common Stock
2,500,000
2,500,000
Preferred Stock
-
-
Paid-in capital of the Bank amounted to TL 2,500,000 is divided into groups comprised of 43.0% Group (A), 15.6% Group (B), 16.2% Group (C) and 25.2%
Group (D).
Board of Directors’ members; one member appointed by the Prime Minister representing The General Directorate of the Foundations (Group A), three
members representing Group (A), one member representing Group (B), and two members representing Group (C); among the nominees shown by the
majority of each group, and one member among the nominees offered by the shareholders at the General Assembly are selected. Preference of Group
(D) is primarily taken into account in the selection of the last mentioned member.
Paid-in capital amount, explanation as to whether the registered share capital system is applicable at bank; if so the amount of registered share capital
Capital System
Paid-in Capital
Ceiling per
Registered
Share Capital
Registered capital system
2,500,000
10,000,000
At the resolutions of Board of Directors dated 2 January 2015 and 61st Ordinary Meeting of the General Assembly dated 30 March 2015, Bank’s ceiling
per registered share capital has been increased from TL 5,000,000 to TL 10,000,000.
Information on share capital increases and their sources; other information on any increase in capital shares during the current period
There is no share capital increase in the current and prior period.
Information on share capital increases from revaluation funds
None.
Capital commitments for current financial year and following period
None.
Prior period indicators of the Bank’s income, profitability and liquidity; and possible effects of the predictions on equity, considering the ambiguity of the
indicators
None.
Information on the privileges given to stocks representing the capital
None.
