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Türkiye Vakıflar Bankası Türk Anonim Ortaklığı
Unconsolidated Financial Report as at and
For the Year Ended 31 December 2013
(Currency: Thousands of TurkIsh Lıra (“TL”))
(Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Section 3 Note I)
11. Information on shareholders’ equity
Paid-in capital
Current Year
Prior Year
Common Stock
2,500,000
2,500,000
Preferred Stock
-
-
Paid-in capital of the Bank amounted to TL 2,500,000 is divided into groups comprised of 43.0% Group (A), 15.6 % Group (B), 16.2% Group (C) and
25.2% Group (D).
Board of Directors’ members; one member appointed by the Prime Minister representing The General Directorate of the Foundations (Group A), three
members representing Group (A), one member representing Group (B), and two members representing Group (C); among the nominees shown by the
majority of each group, and one member among the nominees offered by the shareholders at the General Assembly are selected. Preference of Group
(D) is primarily taken into account in the selection of the last mentioned member.
Paid-in capital amount, explanation as to whether the registered share capital system is applicable at bank; if so the amount of registered
share capital
Capital System
Paid-in Capital
Ceiling per Registered
Share Capital
Basic capital system
2,500,000
5,000,000
The registered capital ceiling was increased from TL 1,300,000 to TL 5,000,000 as per the resolution no. 74202 dated 16 February 2006 of the Board of
Directors.
Information on share capital increases and their sources; other information on any increase in capital shares during the current year
There is no share capital increase in the current and previous year.
Information on share capital increases from revaluation funds
None.
Capital commitments for current financial year and following year
None.
Prior year indicators of the Bank’s income, profitability and liquidity; and possible effects of the predictions on equity, considering the
ambiguity of the indicators
None.
Information on the privileges given to stocks representing the capital
None.
Valuation differences of marketable securities
Current Year
Prior Year
TL
FC
TL
FC
Associates, subsidiaries and joint ventures
753,211
79,346
595,111
96,618
Fair value differences of available-for-sale securities
(324,958)
124,294
196,422
542,552
Foreign exchange differences
49,433
-
19,270
-
Total
477,686
203,640
810,803
639,170
180