VKF_FRAE_2017

371 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.) 8. Investments in subsidiaries Information on significant subsidiaries Vakıfbank International AG Vakıf Finansal Kiralama AŞ Vakıf Yatırım Menkul Değerler AŞ Vakıf Faktoring AŞ Güneş Sigorta AŞ Vakıf Emeklilik ve Hayat AŞ Vakıf Portföy Yönetimi AŞ Vakıf Gayrimenkul Yat. Ort. AŞ Vakıf Menkul Kıymet Yat.Ort. AŞ Paid in Capital 114,483 109,000 35,000 70,000 270,000 26,500 12,000 217,500 20,000 Share Premium - - - - 655 - - 246,731 - Adjustment to paid-in capital - 206 (109) 51 (2,369) 5,832 74 21,600 63 Valuation changes in marketable securities 38,306 3,821 92,327 352 413,605 869 - - - Profit on sale of associates, subsidiaries and buildings - 16,596 - - 218,237 50,005 - 547 - Bonus shares from investment and associates, subsidiaries and joint ventures (business partners) - 1,094 - - 4,010 191 - - - Legal Reserves 10,614 6,286 6,128 5,824 17,179 18,385 1,347 7,543 395 Extraordinary Reserves - 33,523 7,368 45,624 19,246 104,880 7,050 108,125 - Other Profit Reserves 352,474 - 2,308 - - - - - - Profit/Loss 157,216 34,514 21,246 23,195 (331,590) 155,164 7,809 5,469 (3,007) Prior Period’s Profit/Loss 129,784 (18) 1,623 - (439,449) 73,393 - - (3,008) Current Period’s Profit/Loss 27,432 34,532 19,623 23,195 107,859 81,771 7,809 5,469 1 Minority Rights - 98 - - - - - - - Total Core Capital 673,093 205,138 164,268 145,046 608,973 361,826 28,280 607,515 17,451 SUPPLEMENTARY CAPITAL - - - - - - - - - CAPITAL 673,093 205,138 164,268 145,046 608,973 361,826 28,280 607,515 17,451 NET AVAILABLE EQUITY 673,093 205,138 164,268 145,046 608,973 361,826 28,280 607,515 17,451 (*) Reviewed BRSA financial statements as of December 31, 2017 are considered.