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Türkiye Vakıflar Bankası Türk Anonim Ortaklığı
and Its Financial Subsidiaries Consolidated Financial Report as at and
For the Year Ended 31 December 2013
(Currency: Thousands of Turkish Lira (“TL”))
Convenience Translation of the Consolidated 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
Previous Year
Common stock
2,500,000
2,500,000
Preferred stock
-
-
Paid-in capital of the Parent 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 is appointed by the Prime Minister representing The General Directorate of the Foundations (Group A), three
members are appointed representing Group (A), one member is appointed representing Group (B), and two members are appointed representing Group
(C), and one member is appointed among the nominees offered by the shareholders at the General Assembly. 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
Registered 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 by 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 year and previous year.
Information on share capital increases from revaluation funds
None.
Capital commitments for current financial year and following year
None.
Previous year indicators of the Parent 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 the securities
Current Year
Previous Year
TL
FC
TL
FC
Associates, subsidiaries and joint ventures
52,966
-
(36,590)
-
Fair value differences of available-for-sale securities
(325,543)
122,858
201,780
555,621
Foreign exchange differences
-
-
-
-
Total
(272,577)
122,858
165,190
555,621
284