VKF_FRAE_2017

145 VakıfBank Annual Report 2017 CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUEDIN TURKISH, SEE NOTE I. OF SECTION THREE TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI UNCONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR YEAR ENDED DECEMBER 31, 2017 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) The accompanying explanations and notes form an integral part of these financial statements. Audited Notes Paid-in Capital Capital Reserves from Inflation Adjustments to Paid-in Capital Share Premium Share Cancellation Profits Legal Reserves Status Reserves Extraordinay Reserves Other Reserves Current Period Net Profit/ (Loss) Prior Period Net Profit/ (Loss) Valuation Differences of the Marketable Securities Revaluation Surplus on Tangible, Intangible Assets and Investment Property Bonus Shares of Associates, Subsidiaries and Joint Ventures Hedging Reserves Revaluation Surp. On Assets Held for Sale and Assets of Discount. Op.s Shareholders’ Equity before Minority Interest Minority Interest Total Shareholders’ Equity Prior Period – December 31, 2016 I. Balances at the beginning of the period 2,500,000 - 723,918 - 1,174,010 - 8,329,529 380,198 - 1,930,109 830,413 830,149 69,222 - - 16,767,548 - 16,767,548 II. Corrections made according to TAS 8 2.1. The effect of corrections of error - - - - - - - - - - - - - - - - - - 2.2. The effect of changes in accounting policies - - - - - - - - - - - - - - - - - - III. Adjusted beginning balance (I+II) 2,500,000 - 723,918 - 1,174,010 - 8,329,529 380,198 - 1,930,109 830,413 830,149 69,222 - - 16,767,548 - 16,767,548 Changes during the period - - - - - - - - - - - - - - - - - - IV. Mergers - - - - - - - - - - - - - - - - - - V. Associates, Subsidiaries and "Available- for-sale" securities - - - - - - - - - - (132,385) - - - - (132,385) - (132,385) VI. Hedges for risk management - - - - - - - - - - - - - - - - - - 6.1 Net cash flow hedges - - - - - - - - - - - - - - - - - - 6.2 Net foreign investment hedges - - - - - - - - - - - - - - - - - - VII. Revaluation surplus on tangible assets - - - - - - - - - - - (1,914) - - - (1,914) - (1,914) VIII. Revaluation surplus on intangible assets - - - - - - - - - - - - - - - - - - IX. Bonus shares of associates, subsidiaries and joint-ventures - - - - - - - - - - - - - - - - - - X. Translation differences - - - - - - - - - - - - - - - - - - XI. Changes resulted from disposal of assets - - - - - - - - - - - - - - - - - - XII. Changes resulted from reclassifications of the assets - - - - - - - - - - - - - - - - - - XIII. Effect of change in equities of associates on the Bank’s equity - - - - - - - - - - - - - - - - - - XIV. Capital increase - - - - - - - - - - - - - - - - - - 14.1 Cash - - - - - - - - - - - - - - - - - - 14.2 Internal sources - - - - - - - - - - - - - - - - - - XV. Share issuance - - - - - - - - - - - - - - - - - - XVI. Share cancellation profits - - - - - - - - - - - - - - - - - - XVII. Capital reserves from inflation adjustments to paid-in capital - - - - - - - - - - - - - - - - - - XVIII. Other - - - - - - - 2,420 - - - - - - - 2,420 - 2,420 XIX. Current period’s net profit/loss - - - - - - - - 2,703,042 - - - - - - 2,703,042 - 2,703,042 XX. Profit distribution - - - - 193,012 - 1,635,437 - - (1,930,109) - 1,660 - - - (100,000) - (100,000) 20.1 Dividends V-V-5 - - - - - - - - - (100,000) - - - - - (100,000) - (100,000) 20.2 Transferred to reserves V-V-5 - - - - 193,012 - 1,635,437 - - (1,830,109) - 1,660 - - - - - - 20.3 Other - - - - - - - - - - - - - - - - - - Balances at the end of the period 2,500,000 - 723,918 - 1,367,022 - 9,964,966 382,618 2,703,042 - 698,028 829,895 69,222 - - 19,238,711 - 19,238,711