VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 141 GAINS AND LOSSES RECOGNIZED IN EQUITY Audited Prior Period January 1, 2017- December 31, 2017 I. VALUATION DIFFERENCES OF AVAILABLE FOR SALE FINANCIAL ASSETS RECOGNIZED IN VALUATION DIFFERENCES OF MARKETABLE SECURITIES 72,826 II. REVALUATION SURPLUS ON TANGIBLE ASSETS (6,588) III. REVALUATION SURPLUS ON INTANGIBLE ASSETS - IV. CURRENCY TRANSLATION DIFFERENCES - V. GAINS/(LOSSES) FROM CASH FLOW HEDGES (Effective Portion of Fair Value Changes) - VI. GAINS/(LOSSES) FROM NET FOREIGN INVESTMENT HEDGES (Effective portion) - VII. EFFECTS OF CHANGES IN ACCOUNTING POLICIES AND ERRORS - VIII. OTHER GAINS AND LOSSES RECOGNIZED IN EQUITY IN ACCORDANCE WITH TAS 385,802 IX. DEFERRED TAXES DUE TO VALUATION DIFFERENCES (36,316) X. NET GAINS/LOSSES RECOGNIZED DIRECTLY IN EQUITY (I+II+…+IX) 415,724 XI. CURRENT PERIOD’S PROFIT/(LOSS) 3,723,383 11.1 Change in fair value of securities (transfers to the statement of income) (34,072) 11.2 Gains/Losses recognized in the statement of income due to reclassification of cash flow hedges - 11.3 Gains/Losses recognized in the statement of income due to reclassification of net foreign investment hedges - 11.4 Others 3,757,455 XII. TOTAL GAINS AND LOSSES RECOGNIZED DURING THE PERIOD (X+XI) 4,139,107 Note: The prior period financial statements and related disclosures are not restated as permitted by TFRS 9 transition rules. Since, 2017 and 2018 financial statements are prepared on different principles, 2017 financial statements are presented separately. CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I. OF SECTION THREE TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND ITS FINANCIAL SUBSIDIARIES UNCONSOLIDATED STATEMENT OF PROFIT AND LOSS ITEMS ACCOUNTED UNDER SHAREHOLDERS’ EQUITY FOR THE 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.