VKF_FRAE_2017

141 VakıfBank Annual Report 2017 CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUEDIN TURKISH, SEE NOTE I. OF SECTION THREE TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI UNCONSOLIDATED BALANCE SHEET (STATEMENT OF FINANCIAL POSITION) AS AT DECEMBER 31, 2017 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) The accompanying explanations and notes form an integral part of these financial statements. Audited Current Period December 31, 2017 Audited Prior Period December 31, 2016 LIABILITIES AND EQUITY Notes TL FC Total TL FC Total I. DEPOSITS V-II-1 103,532,624 51,744,498 155,277,122 86,113,201 37,725,176 123,838,377 1.1 Deposits of the risk group V-VII-1 2,815,871 218,060 3,033,931 1,984,546 212,599 2,197,145 1.2 Other deposits 100,716,753 51,526,438 152,243,191 84,128,655 37,512,577 121,641,232 II. DERIVATIVE FINANCIAL LIABILITIES HELD FOR TRADING PURPOSE V-II-2 1,015,603 168,927 1,184,530 954,633 189,070 1,143,703 III. FUNDS BORROWED V-II-3 668,532 27,639,089 28,307,621 671,898 23,521,872 24,193,770 IV. INTERBANK MONEY MARKET 18,699,026 3,571,811 22,270,837 11,172,470 1,722,864 12,895,334 4.1 Interbank money market takings 11,662,376 1,631,693 13,294,069 2,501,180 - 2,501,180 4.2 Istanbul Stock Exchange money market takings - - - - - - 4.3 Obligations under repurchase agreements 7,036,650 1,940,118 8,976,768 8,671,290 1,722,864 10,394,154 V. SECURITIES ISSUED (Net) V-II-3 6,443,119 13,041,979 19,485,098 3,268,595 11,439,150 14,707,745 5.1 Bills 3,566,573 - 3,566,573 3,268,595 - 3,268,595 5.2 Asset backed securities - - - - - - 5.3 Bonds 2,876,546 13,041,979 15,918,525 - 11,439,150 11,439,150 VI. FUNDS 3,206 - 3,206 3,319 - 3,319 6.1 Funds against borrower’s note - - - - - - 6.2 Other 3,206 - 3,206 3,319 - 3,319 VII. MISCELLANEOUS PAYABLES 6,050,223 798,105 6,848,328 4,381,317 781,677 5,162,994 VIII. OTHER EXTERNAL RESOURCES PAYABLE V-II-4 860,160 2,977,406 3,837,566 677,086 1,999,105 2,676,191 IX. FACTORING PAYABLES - - - - - - X. LEASE PAYABLES V-II-5 - - - - - - 10.1 Finance lease payables - - - - - - 10.2 Operational lease payables - - - - - - 10.3 Other - - - - - - 10.4 Deferred finance leasing expenses (-) - - - - - - XI. DERIVATIVE FINANCIAL LIABILITIES HELD FOR RISK MANAGEMENT PURPOSE V-II-6 - - - - - - 11.1 Fair value hedges - - - - - - 11.2 Cash flow hedges - - - - - - 11.3 Hedges of net investment in foreign operations - - - - - - XII. PROVISIONS V-II-7 3,395,373 17,109 3,412,482 3,205,470 18,622 3,224,092 12.1 General provisions V-II-7 1,872,826 12,667 1,885,493 2,153,773 13,670 2,167,443 12.2 Restructuring reserves - - - - - - 12.3 Reserve for employee benefits 821,819 - 821,819 710,171 - 710,171 12.4 Insurance technical provisions (Net) - - - - - - 12.5 Other provisions V-II-7 700,728 4,442 705,170 341,526 4,952 346,478 XIII. TAX LIABILITIES V-II-8 702,784 48,349 751,133 422,131 2,325 424,456 13.1 Current tax liabilities 636,728 670 637,398 422,131 2,325 424,456 13.2 Deferred tax liabilities V-I-15 66,056 47,679 113,735 - - - XIV. PAYABLES FOR ASSETS HELD FOR SALE AND ASSETS RELATED TO DISCONTINUED OPERATIONS V-II-9 - - - - - - 14.1 Payables related to the assets held for sale - - - - - - 14.2 Payables related to the discontinued operations - - - - - - XV. SUBORDINATED LOANS V-II-10 528,188 5,407,781 5,935,969 - 5,031,213 5,031,213 XVI. EQUITY 23,061,935 195,883 23,257,818 19,035,854 202,857 19,238,711 16.1 Paid-in capital V-II-11 2,500,000 - 2,500,000 2,500,000 - 2,500,000 16.2 Capital reserves 2,542,507 195,883 2,738,390 2,070,365 202,857 2,273,222 16.2.1 Share premium 723,918 - 723,918 723,918 - 723,918 16.2.2 Share cancellation profits - - - - - - 16.2.3 Valuation differences of the marketable securities V-II-11 876,951 195,883 1,072,834 495,171 202,857 698,028 16.2.4 Revaluation surplus on tangible assets 873,080 - 873,080 829,895 - 829,895 16.2.5 Revaluation surplus on intangible assets - - - - - - 16.2.6 Revaluation surplus on investment properties - - - - - - 16.2.7 Bonus shares of associates, subsidiaries and joint-ventures 91,823 - 91,823 69,222 - 69,222 16.2.8 Hedging reserves (effective portion) - - - - - - 16.2.9 Revaluation surplus on assets held for sale and assets related to the discontinued operations - - - - - - 16.2.10 Other capital reserves (23,265) - (23,265) (47,841) - (47,841) 16.3 Profit reserves 14,296,045 - 14,296,045 11,762,447 - 11,762,447 16.3.1 Legal reserves 1,635,332 - 1,635,332 1,367,022 - 1,367,022 16.3.2 Status reserves - - - - - - 16.3.3. Extraordinary reserves 12,210,313 - 12,210,313 9,964,966 - 9,964,966 16.3.4. Other profit reserves 450,400 - 450,400 430,459 - 430,459 16.4 Profit or loss 3,723,383 - 3,723,383 2,703,042 - 2,703,042 16.4.1 Prior years’ profit/loss - - - - - - 16.4.2 Current period’s profit/loss 3,723,383 - 3,723,383 2,703,042 - 2,703,042 TOTAL LIABILITIES AND EQUITY 164,960,773 105,610,937 270,571,710 129,905,974 82,633,931 212,539,905