MILLIRE_2019_Annual Report

Milli Re Annual Report 2019 182 Millî Reasürans Türk Anonim Şirketi The accompanying notes are an integral part of these consolidated financial statements. (Currency: Turkish Lira (TL)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Note 2.1.1) EQUITY V- Equity Note Audited Current Period December 31, 2019 Audited Prior Period December 31, 2018 A- Paid in Capital 660.000.000 660.000.000 1- (Nominal) Capital 2.13,15 660.000.000 660.000.000 2- Unpaid Capital (-) - - 3- Positive Inflation Adjustment on Capital - - 4- Negative Inflation Adjustment on Capital (-) - - 5- Unregistered Capital - - B- Capital Reserves 15 155.868.049 144.260.431 1- Equity Share Premiums - - 2- Cancellation Profits of Equity Shares - - 3- Profit on Sale to be Transferred to Capital 15 24.245.511 24.245.511 4- Translation Reserves 15 (34.192.451) (43.734.932) 5- Other Capital Reserves 15 165.814.989 163.749.852 C- Profit Reserves 832.588.357 344.299.731 1- Legal Reserves 15 155.933.995 123.041.486 2- Statutory Reserves 15 37.967.904 23.673.668 3- Extraordinary Reserves 15 588.605.356 284.629.618 4- Special Funds (Reserves) - - 5- Revaluation of Financial Assets 11,15 99.474.816 (38.392.942) 6- Other Profit Reserves 15 21.666.335 22.407.950 7- Subsidiary Capital Correction 15 (71.060.049) (71.060.049) D- Previous Years’ Profits 167.547.326 302.129.975 1- Previous Years’ Profits 167.547.326 302.129.975 E- Previous Years’ Losses (-) - - 1- Previous Years’ Losses - - F- Net Profit of the Period 309.978.881 278.283.572 1- Net Profit of the Period 306.849.687 276.733.853 2- Net Loss of the Period (-) - - 3- Net Income not subject to distribution 15 3.129.194 1.549.719 G- Minority Shares 783.522.088 566.438.403 Total Shareholders’ Equity 2.909.504.701 2.295.412.112 Total Liabilities and Shareholders’ Equity 12.906.325.302 10.541.911.366 CONSOLIDATED BALANCE SHEET AS OF DECEMBER 31, 2019