VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 465 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 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2018 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) Investments in consolidated subsidiaries Title Address (City / Country) Bank’s Share – If Different, Voting Rights (%) Bank’s Risk Group Share (%) 1 Güneş Sigorta AŞ İstanbul/ Turkey 48.02 48.02 2 Vakıf Emeklilik ve Hayat AŞ (*) İstanbul/ Turkey 53.90 79.68 3 Vakıf Faktoring AŞ İstanbul/ Turkey 78.39 87.49 4 Vakıf Finansal Kiralama AŞ İstanbul/ Turkey 58.71 66.23 5 Vakıf Yatırım Menkul Değerler AŞ İstanbul/ Turkey 99.25 99.54 6 Vakıfbank International AG Viyana/Austria 90.00 90.00 7 Vakıf Menkul Kıymet Yatırım Ortaklığı AŞ İstanbul/ Turkey 18.47 30.12 8 Vakıf Gayrimenkul Yatırım Ortaklığı AŞ İstanbul/ Turkey 38.70 39.54 Total Assets Equity Tangible Assets Interest Income Income on Securities Portfolio Current Year’s Profit/Loss Prior Period’s Profit/Loss Fair Value 1 2,610,459 802,284 843,141 150,071 - 10,871 26,493 403,615 2 8,500,254 422,619 164,016 57,238 - 116,707 73,260 1,437,910 3 2,685,802 241,379 992 509,536 - 94,928 23,194 217,106 4 3,085,523 247,159 21,296 201,918 - 40,055 33,819 247,809 5 532,094 205,129 3,775 36,989 1,726 34,198 19,623 264,575 6 5,565,543 890,348 2,209 155,053 - 50,010 23,303 448,398 7 17,924 17,529 305 869 937 102 1 30,275 8 1,695,770 981,030 831,798 9,657 - 40,756 75,357 448,229 (*) Financial information as at September 30, 2018 has been presented for these subsidiaries. Movement table of consolidated investments in subsidiaries in consolidated financial statements Current Period - December 31, 2018 Balance at the beginning of the period 1,950,138 Movements during the period 179,594 Transfers (52,500) Acquisitions 433 Bonus shares received 33,104 Share of current year profit (48,196) Sales and liquidations (885) Fair value changes 261,874 Impairment losses (14,236) Balance at the end of the period 2,129,732 Capital commitments - Share percentage at the end of the period (%) -