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VAKIFBANK
2014 ANNUAL REPORT
285
TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND ITS FINANCIAL SUBSIDIARIES
CONSOLIDATED FINANCIAL REPORT AS AT AND
FOR THE YEAR 31 DECEMBER 2014
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE IN NOTE I. OF SECTION THREE
Movement of consolidated investments in associates
Current Period
Prior Period
Balance at the beginning of the period
203,241
217,563
Movements during the period
56,716
(14,322)
Transfers
-
-
Acquisitions
-
-
Bonus shares received
16,755
16,755
Share of current year profit
-
-
Sales/liquidations
-
-
Fair value changes
39,961
(31,077)
Impairment losses
-
-
Balance at the end of the period
259,957
203,241
Capital commitments
-
-
Share percentage at the end of period (%)
-
-
Sectorial distribution of consolidated investments and associates
Current Period
Prior Period
Banks
259,957
203,241
Insurance companies
-
-
Factoring companies
-
-
Leasing companies
-
-
Finance companies
-
-
Other financial associates
-
-
Total
259,957
203,241
Quoted associates
Current Period
Prior Period
Quoted at domestic stock exchanges
253,838
197,122
Quoted at international stock exchanges
-
-
Total
253,838
197,122
Investments in associates disposed during the period
None.
Investments in associates acquired during the period
There is not any associate acquired in the current period.