VakıfBank Anual Report 2014

153

VAKIFBANK

2014 ANNUAL REPORT

CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I. OF SECTION THREE

TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI

UNCONSOLIDATED FINANCIAL REPORT FOR THE

YEAR ENDED AT 31 DECEMBER 2014

(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)

Stock position risks arising from banking book items:

Information on separations of risks according to objectives including their relation with gains presented in equity and strategically reasons, accounting

accounting techniques and general information about valuation methods with the related assumptions and factors that affect the valuation and

significant changes

If carrying value is substantially different from fair value and for publicly traded shares if market value is substantially different from fair value, the comparison

with the market prices are shown in the table below:

Current Period

Comparison

Stock Investments

Carrying Value

Fair Value

(*)

Market Value

(*)

Stocks quoted in exchange

(*)

631,875

1.Stocks Investments Group A

631,875

2.Stock Investments Group B

3.Stock Investment Group C

Stocks unquoted in exchange

(**)

1,105,121

1,053,476

(*)

The values of stocks traded in Stock Exchange are included to both columns assuming the market value is approximate to fair value.

(**)

The values of stocks unquoted in exchange are determined according to valuation reports prepared by independent valuation companies.

Prior Period

Comparison

Stock Investments

Carrying Value

Fair Value

Market Value

Stocks quoted in exchange

(*)

675,754

1.Stocks Investments Group A

675,754

2.Stock Investments Group B

3.Stock Investment Group C

Stocks unquoted in exchange

(**)

946,004

886,839

(*)

The values of stocks traded in Stock Exchange are included to both columns assuming the market value is approximate to fair value.

(**)

The values of stocks unquoted in exchange are determined according to valuation reports prepared by independent valuation companies.

Total unrealized gain or loss, total revaluation surplus and values included to principal and supplementary capital

Total unrealized gain or loss, total appraisal surplus and values included to principal and supplementary capital are given in the below table:

Revaluation Surplus

Unrealized Gain and Loss

Portfolio-Current Period

Realized Gain/Loss

in Current Period

Total

(*)

Included in

Supplementary

Capital

Total

(*)

Included in Core

Capital

1. Private Capital Investments

2. Publicly Traded Stocks

204,847

3. Other Stocks

524,807

4. Total

524,807

204,847

(*)

Amounts are presented including the effect of deferred tax.