VKF_FRAE_2017

325 VakıfBank Annual Report 2017 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 EXPLANATIONS AND NOTES RELATED TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2017 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) V. CONSOLIDATED STOCK POSITION RISK Stock position risks arising from banking book items Information on separations of risks according to objectives including their relation with gains presented in equity and strategically reasons, accounting techniques and general information about valuation methods with the related assumptions and factors that affect the valuation and significant changes The accounting applications regarding to share investment that qualifications in associate and subsidiary of are disclosed in Section 3 Note III. If carrying value is substantially different from fair value and for publicly traded shares if market value is substantially different from fair value, the comparison with the market prices are shown in the table below: Current Period Comparison Stock Investments Carrying Value Fair Value (*) Market Value (*) Stocks quoted in exchange (*) 310,918 310,918 310,918 1.Stocks Investments Group A 310,918 310,918 310,918 2.Stock Investments Group B - - - 3.Stock Investments Group C - - - Stocks unquoted in exchange (**) 396,553 291,653 - (*) The values of stocks traded in Stock Exchange are included to both columns assuming the market value is approximate to fair value. (**) The values of stocks unquoted in exchange are determined according to valuation reports prepared by independent valuation companies. Prior Period Comparison Stock Investments Carrying Value Fair Value (*) Market Value (*) Stocks quoted in exchange (*) 263,309 263,309 263,309 1.Stocks Investments Group A 263,309 263,309 263,309 2.Stock Investments Group B - - - 3.Stock Investments Group C - - - Stocks unquoted in exchange (**) 387,231 298,705 - (*) The values of stocks traded in Stock Exchange are included to both columns assuming the market value is approximate to fair value. (**) The values of stocks unquoted in exchange are determined according to valuation reports prepared by independent valuation companies. Total unrealized gain or loss, total revaluation surplus and values included to principal and supplementary capital Total unrealized gain or loss, total appraisal surplus and values included to principal and supplementary capital are given in the below table: Portfolio-Current Period Revaluation Surplus Unrealized Gain and Loss Realized Gain/ Loss in Current Period Total (*) Included in Supplementary Capital Total (*) Included in Core Capital Included in Supplementary Capital 1. Private Capital Investments - - - - - - 2. Publicly Traded Stocks - - - - - - 3. Other Stocks - 61,709 61,709 - - - 4. Total - 61,709 61,709 - - - (*) Amounts are presented including the effect of deferred tax.