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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.)
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
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 period
There is no share capital increase in the current and prior period.
Information on share capital increases from revaluation funds
None.
Capital commitments for current financial year and following period
None.
Prior period 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 the marketable securities
Current Period
Prior Period
TL
FC
TL
FC
Associates, subsidiaries and joint ventures
611,250
118,404
753,211
79,346
Fair value differences of available-for-sale securities
172,430
256,490
(324,958)
124,294
Foreign exchange differences
58,395
-
49,433
-
Total
842,075
374,894
477,686
203,640