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(Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Section 3 Note I)
Türkiye Vakıflar Bankası Türk Anonim Ortaklığı
Unconsolidated Statement of Profit Distribution
For the Year Ended 31 December 2013
(Currency: Thousands of TurkIsh LIra (“TL”))
Note
Current Year
31 December 2013
Prior Year
31 December 2012
I.
DISTRIBUTION OF CURRENT YEAR PROFIT
1.1 CURRENT YEAR’S PROFIT
1,982,914
1,885,361
1.2 TAXES PAYABLE AND LEGAL DUTIES
(397,375)
(425,281)
1.2.1 Corporate tax (income tax)
V-IV-11
(341,481)
(449,196)
1.2.2 Withholding tax
-
-
1.2.3 Other taxes and duties
V-IV-11
(55,894)
23,915
A.
NET PROFIT FOR THE YEAR
1,585,539
1,460,080
1.3 DEFERED TAX INCOME TRANSFERRED TO OTHER RESERVES
V-IV-11
-
(23,914)
B.
NET PROFIT FOR THE YEAR AFTER DEFERRED TAX INCOME
1,585,539
1,436,166
1.4 ACCUMULATED LOSSES
-
-
1.5 FIRST LEGAL RESERVES
V-V-5
-
(71,808)
1.6 OTHER STATUTORY RESERVES
V-V-5
-
(71,808)
C.
NET PROFIT AVAILABLE FOR DISTRIBUTION
(*)
-
1,292,550
1.7 FIRST DIVIDEND TO SHAREHOLDERS
-
100,000
1.7.1 To owners of ordinary shares
-
100,000
1.7.2 To owners of privileged shares
-
-
1.7.3 To owners of redeemed shares
-
-
1.7.4 To profit sharing bonds
-
-
1.7.5 To holders of profit and loss sharing certificates
-
-
1.8 DIVIDENDS TO PERSONNEL
(*)
-
-
1.9 DIVIDENDS TO BOARD OF DIRECTORS
-
-
1.10 SECOND DIVIDEND TO SHAREHOLDERS
-
-
1.10.1 To owners of ordinary shares
-
-
1.10.2 To owners of privileged shares
-
-
1.10.3 To owners of redeemed shares
-
-
1.10.4 To profit sharing bonds
-
-
1.10.5 To holders of profit and loss sharing certificates
-
-
1.11 SECOND LEGAL RESERVES
-
-
1.12 STATUS RESERVES
-
-
1.13 EXTRAORDINARY RESERVES
V-V-5
-
1,189,475
1.14 OTHER RESERVES
-
-
1.15 SPECIAL FUNDS
V-V-5
-
3,075
II.
DISTRIBUTION FROM RESERVES
2.1 DISTRIBUTION OF RESERVES
-
-
2.2 SECOND LEGAL RESERVES
-
-
2.3 DIVIDENDS TO SHAREHOLDERS
-
-
2.3.1 To owners of ordinary shares
-
-
2.3.2 To owners of privileged shares
-
-
2.3.3 To owners of redeemed shares
-
-
2.3.4 To profit sharing bonds
-
-
2.3.5 To holders of profit and loss sharing certificates
-
-
2.4 DIVIDENDS TO PERSONNEL
(**)
-
-
2.5 DIVIDENDS TO BOARD OF DIRECTORS
-
-
III.
EARNINGS PER SHARE
3.1 TO OWNERS OF ORDINARY SHARES (Per 100 shares)
0.6342
0.5840
3.2 TO OWNERS OF ORDINARY SHARES ( % )
63.42
58.40
3.3 TO OWNERS OF PRIVILEGED SHARES
-
-
3.4 TO OWNERS OF PRIVILEGED SHARES ( % )
-
-
IV.
DIVIDEND PER SHARE
4.1 TO OWNERS OF ORDINARY SHARES (Per 100 shares)
-
0.04
4.2 TO OWNERS OF ORDINARY SHARES ( % )
-
4.00
4.3 TO OWNERS OF PRIVILEGED SHARES
-
-
4.4 TO OWNERS OF PRIVILEGED SHARES ( % )
-
-
(*)
As at report date, no resolution has been decided regarding about 2013 profit distribution. Accordingly, net profit available for distribution has not been presented.
The accompanying notes are an integral part of these unconsolidated financial statements.
VAKIFBANK ANNUAL REPORT 2013
117