VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 337 Audited Notes Paid-in Capital Capital Reserves from Inflation Adjustments to Paid-in Capital Share Premium Share Cancellation Profits Legal Reserves Status Reserves Extraordinary 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, 2017 I. Balances at the beginning of the period 2,500,000 - 727,780 - 1,436,787 6,337 10,156,575 606,809 - 2,775,944 (131,169) 997,197 3,683 - - 19,079,943 527,529 19,607,472 Changes during the period - - - - - - - - - - - - - - - - - - II. Mergers - - - - - - - - - - - - - - - - - - III. Associates, Subsidiaries and “Available-for-sale” securities - - - - - - - - - - 64,587 - - - - 64,587 - 64,587 IV. Hedges for risk management - - - - - - - - - - - - - - - - - - 4.1 Net cash flow hedges - - - - - - - - - - - - - - - - - - 4.2 Net foreign investment hedges - - - - - - - - - - - - - - - - - - V. Revaluation surplus on tangible assets - - - - - - - - - - - (873) - - - (873) 7,065 6,192 VI. Revaluation surplus on intangible assets - - - - - - - - - - - - - - - - - - VII. Bonus shares of associates, subsidiaries and joint- ventures - - - - - - - - - - - - 230 - - 230 - 230 VIII. Translation differences - - - - - - - (27,252) - - - - - - - (27,252) - (27,252) IX. Changes resulted from disposal of the assets - - - - - - - - - - - - - - - - - - X. Changes resulted from reclassifications of the assets - - - - - - - - - - - - - - - - - - XI. Effect of change in equities of associates on the Bank’s equity - - - - - - - - - (37,096) 3,456 1,188 - - - (32,452) - (32,452) XII. Capital increase - - - - - - - - - - - - - - - - - - 12.1 Cash - - - - - - - - - - - - - - - - - - 12.2 Internal sources - - - - - - - - - - - - - - - - - - XIII. Share issuance - - - - - - - - - - - - - - - - - - XIV. Share cancellation profits - - - - - - - - - - - - - - - - - - XV. Capital reserves from inflation adjustments to paid-in capital - - - - - - - - - - - - - - - - - - XVI. Other - - (3,511) - (584) - (1,128) 98,648 - (37,192) - - - - - 56,233 59,172 115,405 XVII. Current period’s net profit/ loss - - - - - - - - 3,932,432 - - - - - - 3,932,432 84,914 4,017,346 XVIII. Profit distribution - - - - 273,652 - 2,282,692 20,048 - (2,752,822) - 49,444 - - - (126,986) (1,577) (128,563) 18.1 Dividends - - - - - - - - - (120,000) - - - - - (120,000) (8,563) (128,563) 18.2 Transferred to reserves - - - - 273,652 - 2,282,692 20,048 - (2,632,822) - 49,444 - - - (6,986) 6,986 - 18.3 Other - - - - - - - - - - - - - - - - - - Ending Balance 2,500,000 - 724,269 - 1,709,855 6,337 12,438,139 698,253 3,932,432 (51,166) (63,126) 1,046,956 3,913 - - 22,945,862 677,103 23,622,965 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. The accompanying explanations and notes form an integral part of these consolidated financial statements. 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 CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY FOR THE YEAR ENDED DECEMBER 31, 2017 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)