156
ARAP TÜRK BANKASI A.Ş.
NOTES TO UNCONSOLIDATED FINANCIAL
STATEMENTS AT 31 DECEMBER 2013
( Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated. )
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL
STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I OF SECTION THREE
Information on liabilities of fixed asset held for sale and discontinued operations
The Bank has no liability related to assets held for sale and discontinued operations.
Explanations on the number of subordinated loans the Bank used, maturity, interest rate, institution that loan was borrowed from,
and conversation option, if any
The Banks has no subordinated loans.
9. Information on Shareholder’s Equity
Presentation of Paid-in Capital
Current Period
Prior Period
Common Stock
240,000
240,000
Preferred Stock
-
-
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
Registered share capital system is not implemented in the Bank.
Information on share capital increases and their sources; other information on any increase in capital shares during the current
period
No capital increase has been made during the current period.
Information on share capital increases from capital reserves
No transfer from capital reserves has been made to share capital in the current period.
Capital commitments for current financial year and following period, general purpose of these commitments and estimated
resources necessary for these commitments
No capital commitments have been made to current financial year and following period.
The impacts of the foresights, which are prophesied according to Bank’s prior periods income, profitability, and liquidity indicators
and uncertainty, to shareholders’ equity
None.
Information on the privileges given to stocks representing the capital
The share capital can be increased or decreased one or more times. Such an increase may be accomplished through the transfer of
monies from the reserves to the capital account and the issuance of “bonus” shares in consequence thereof.
Every shareholder shall have the preferential (pre-emptive) right to subscribe for a proportion of new shares corresponding to
the number of shares held by him and such right may be exercised within a period of thirty days from the date of receipt by each
shareholder of an invitation to the shareholders to that effect. Such invitation shall be made by registered mail to the address contained
in the share register.
These preferential (pre-emptive) rights may only be assigned by approval of the Board of Directors upon the favourable vote of 80%
of the members, present or represented.
New shares may not be issued at a price less than the nominal value of the original shares issued.
Fractional shares shall be allocated by the Board of Directors.