2011 annual report 2011 annual report - Garanti Bankası

Information on Garanti Bank ShareGaranti shares are traded on theIstanbul Stock Exchange (ISE) under theticker symbol “GARAN”. The sharesare also listed on the London StockExchange Main Market (LSE).Garanti shares were initially offeredto public in 1990. In 1993, the Bankbecame the first Turkish companyto offer its shares to internationalmarkets in the form of American/GlobalDepositary Receipts (ADR/GDR). Theseinternational DRs are currently traded onthe International Order Book (IOB), whichis the international market of the LSE.The shareholding structure of the Bankas of December 31, 2011 is presentedon page 8 of this Annual Report.With a free float ratio of around 50%,Garanti sustained its position as thecompany with the highest floating marketcapitalization in the ISE in 2011, as well.Garanti shares accounted for 17% of theturnover in the ISE-100 and 41% of theISE Banks Index. Furthermore, Garantishares constituted 27% of the foreigntransactions in the ISE and representedalmost half of the foreign transactionsamong all listed banks.US$ 100 invested in Garanti sharesten years ago, increased to US$ 854,whereas TL 100 invested reachedTL1,120 by the end of 2011.Total Cumulative Shareholder Return in 10 Years$1600$1400$1200$1000$800$600$400$200$010 Year Stock Performance and Market Capitalization$7$6$5$4$3$2$1$0ISE-100$1 Billion $3 Billion $4 Billion $8 Billion$8 BillionISE BANKS INDEX$21 BillionGARANTI(US$) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011ISE-100 100 66 140 193 310 291 500 184 371 448 283ISE BANKSINDEX100 57 141 219 431 391 699 248 543 631 353GARANTI 100 75 175 274 555 512 1,402 449 1,135 1,366 854(TL) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011ISE-100 100 75 135 181 289 284 403 195 383 479 372ISE BANKSINDEX100 65 136 206 402 382 563 263 561 674 463GARANTI 100 86 170 257 518 500 1,129 474 1,172 1,459 1,120$7 Billion $17 Billion$21 Billion$13 Billion2002 2003 2004 2005 2006 2007 2008 2009 2010 2011(US$) 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011High* 0.45 0.65 1.00 2.02 2.65 5.31 4.94 4.24 6.54 5.35Low* 0.18 0.18 0.52 1.00 1.19 1.68 1.01 1.02 3.49 3.09Close 0.27 0.64 1.00 2.02 1.86 5.10 1.63 4.13 4.97 3.11(TL) 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011High* 0.65 0.93 1.37 2.73 3.51 6.23 5.77 6.17 9.22 8.18Low* 0.29 0.32 0.80 1.38 1.97 2.41 1.71 1.83 5.40 5.78Close 0.45 0.89 1.35 2.73 2.63 5.94 2.50 6.17 7.68 5.90Market Capitalization (in US$) based on Closing Prices *Based on Closing PricesStock prices are adjusted for dividend distributions and capital increase (Source: Thomson Reuters)GARANTI BANK 2011 ANNUAL REPORT 29