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PART III: FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE IN NOTE I. OF SECTION THREE
TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND
ITS FINANCIAL SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT AND
FOR THE YEAR ENDED 31 DECEMBER 2015
(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 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
(*)
233,212
233,212
233,212
1.Stocks Investments Group A
233,212
233,212
233,212
2.Stock Investments Group B
-
-
-
3.Stock Investments Group C
-
-
-
Stocks unquoted in exchange
(**)
412,393
271,913
-
(*)
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
(*)
203,092
203,092
203,092
1.Stocks Investments Group A
203,092
203,092
203,092
2.Stock Investments Group B
-
-
-
3.Stock Investments Group C
-
-
-
Stocks unquoted in exchange
(**)
320,037
320,037
-
(*)
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 Core Capital
Total
(*)
Included
in Core Capital
Included in
Supplementary
Capital
1. Private Capital Investments
-
-
-
-
-
-
2. Publicly Traded Stocks
-
-
-
-
-
-
3. Other Stocks
-
118,580
118,580
-
-
-
4. Total
-
118,580
118,580
-
-
-
(*)
Amounts are presented including the effect of deferred tax.
