295
PART III: FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE IN NOTE I. OF SECTION THREE
TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND
ITS FINANCIAL SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT AND
FOR THE YEAR ENDED 31 DECEMBER 2015
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
Movement of consolidated investments in associates
Current Period
Prior Period
Balance at the beginning of the period
259,957
203,241
Movements during the period
(35,688)
56,716
Transfers
-
-
Acquisitions
-
-
Bonus shares received
20,944
16,755
Share of current year profit
-
-
Sales/liquidations
-
-
Fair value changes
(56,632)
39,961
Impairment losses
-
-
Balance at the end of the period
224,269
259,957
Capital commitments
-
-
Share percentage at the end of period (%)
-
-
Sectoral distribution of consolidated investments and associates
Current Period
Prior Period
Banks
224,269
259,957
Insurance companies
-
-
Factoring companies
-
-
Leasing companies
-
-
Financing companies
-
-
Other financial associates
-
-
Total
224,269
259,957
Quoted associates
Current Period
Prior Period
Quoted at domestic stock exchanges
218,150
253,838
Quoted at international stock exchanges
-
-
Total
218,150
253,838
Investments in associates disposed during the period
There is not any associate disposed by the Parent Bank in the current period.
Investments in associates acquired during the period
There is not any associate acquired by the Parent Bank in the current period.
