M. Uğur Erkan, General Manager of Anadolu Hayat Emeklilik A.Ş., gave a statement regarding the non-consolidated financial results of the company and shared his observations and evaluations as follows: “Our company operates in life insurance and pension segments where development and competition continue ceaselessly. As of 2016 first half, number of participants in individual pension system has exceeded 6.3 million and total fund size has reached 54.8 billion TL including state subsidy funds. Life insurance premiums have grown by 19 percent over the same period of previous year, and stood at 2.2 billion TL.

Maintaining its stable, balanced and profitable growth; Anadolu Hayat Emeklilik has left another successful term behind as of the first half of 2016. During this period, our company’s issued capital has been raised by 20 million TL, from 410 million TL to 430 million TL.

Our gross profit stands at 109 million TL, and net profit at 86.3 million TL. We have exceeded 13.2 billion TL in terms of asset size, which reflects our financial strength and the trust of our customers; reinforcing our market leadership position in this field even further. Our shareholders’ equity surpasses 789.1 million TL. During this period, our pension fund size has climbed over 10.2 billion TL including state subsidy funds with a market share of 19 percent. According to the results announced by Pension Monitoring Center (EGM) on 30 June 2016, our company preserves its leadership in the number of participants by gaining 60.246 new participants within the year and reaching a market share of 17 percent.

As in previous terms, we continue to hold the highest amount of state subsidy funds.

Thanks to the positive impact of the scale we have reached in the number of pension participants and fund size on our revenues and costs, we have maintained our successful performance and reached a technical profit of 11.3 million TL during the first half of 2016.

Being the market leader in life insurance segment considering the assets of its policyholders that reach 1.7 billion TL, Anadolu Hayat Emeklilik has delivered a performance in parallel with previous year’s results; and reached a gross premium production of 215 million TL during the first half of 2016. Within this period, our technical profit has hit 51.8 million TL, up by 19 percent over the same period of previous year.”