VKF_FRAE_2017

247 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 EXPLANATIONS AND NOTES RELATED TO THE UNCONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2017 (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 January 2, 2015 and 61st Ordinary Meeting of the General Assembly dated March 30, 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. Valuation differences of the marketable securities Current Period Prior Period TL FC TL FC Associates, subsidiaries and joint ventures 1,095,532 54,148 658,258 174,877 Fair value differences of available-for-sale securities (299,308) 141,735 (243,814) 27,980 Foreign exchange differences 80,727 - 80,727 - Total 876,951 195,883 495,171 202,857