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238
ARAP TÜRK BANKASI A.Ş.
NOTES TO CONSOLIDATED FINANCIAL
STATEMENTS AT 31 DECEMBER 2013
( Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated. )
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS
ORIGINALLY ISSUED IN TURKISH, SEE NOTE I OF SECTION THREE
Movement related to consolidated subsidiaries
Current Period
Prior Period
Balance at the Beginning of the Period
40,452
38,452
Movements during the Period
20,443
2,000
Purchases
15,492
-
Bonus Shares Received
4,951
2,000
Dividends from Current Year Profit
-
-
Sales
-
-
Revaluation Increase, Effect of Inflation and F/X Difference
-
-
Impairment Provision (+)
-
-
Balance at the End of the Period
60,895
40,452
Capital Commitments
-
Share Percentage at the end of Period (%)
99.98
99.98
Valuation methods of investments in subsidiaries
The method used in the accounting of subsidiaries is explained in Section Three.
Sectoral Information on the subsidiaries
Subsidiaries
Current Period
Prior Period
Banks
-
-
Insurance Companies
-
-
Factoring Companies
-
-
Leasing Companies
60,895
40,452
Finance Companies
-
-
Quoted Subsidiaries
The Parent Bank does not have a subsidiary that is quoted.
Subsidiaries sold in the current year
None.
Subsidiaries acquired in the current year
None.