VKF_FRAE_2017

CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUEDIN TURKISH, SEE NOTE I. OF SECTION THREE TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI EXPLANATIONS AND NOTES RELATED TO THE UNCONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2017 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) PART III: FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT 192 VakıfBank Annual Report 2017 Maturity analysis of assets and liabilities according to remaining maturities Current Period Demand Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and Over Undistributed (*) Total Assets: Cash and balance with CBRT 28,644,824 - - - - - - 28,644,824 Banks 1,131,958 10,408,639 339,044 8,187 - - - 11,887,828 Financial assets at fair value through profit/loss 263 107,401 22,184 119,512 1,531,330 156,098 - 1,936,788 Interbank money market placements - 1,652,102 - - - - - 1,652,102 Available-for-sale financial assets - 367,288 222,590 1,478,073 6,697,310 4,741,083 43,370 13,549,714 Loans and receivables - 15,014,654 5,187,532 32,686,698 84,252,856 45,790,488 1,039,387 183,971,615 Held-to-maturity investments - 75,675 37,804 329,917 10,046,465 6,276,210 - 16,766,071 Other assets 3,441 1,419,267 7 253 361 - 10,739,439 12,162,768 Total assets 29,780,486 29,045,026 5,809,161 34,622,640 102,528,322 56,963,879 11,822,196 270,571,710 Liabilities: Bank deposits 489,785 8,268,276 842,741 177,301 - - - 9,778,103 Other deposits 29,627,486 82,004,246 23,910,761 9,926,461 30,065 - - 145,499,019 Funds borrowed - 280,597 1,685,371 12,187,874 7,895,028 6,258,751 - 28,307,621 Interbank money market takings - 21,616,184 - - 449,402 205,251 - 22,270,837 Securities issued - 1,089,758 1,958,558 5,331,516 9,731,997 1,373,269 - 19,485,098 Miscellaneous payables - 5,582,267 93,013 - - - 1,173,048 6,848,328 Other liabilities - 649,945 412,001 187,970 3,580,673 3,428,322 30,123,793 38,382,704 Total liabilities 30,117,271 119,491,273 28,902,445 27,811,122 21,687,165 11,265,593 31,296,841 270,571,710 Liquidity gap (336,785) (90,446,247) (23,093,284) 6,811,518 80,841,157 45,698,286 (19,474,645) - Net Off Balance Sheet Position - 92,650 7,777 112,825 1,271,821 974,446 - 2,459,519 Receivables from Derivative Financial Instruments - 4,136,503 3,080,526 2,801,093 13,990,524 7,587,873 - 31,596,519 Payables from Derivative Financial Instruments - 4,043,853 3,072,749 2,688,268 12,718,703 6,613,427 - 29,137,000 Non-cash Loans 5,213,196 1,431,728 29,600,053 7,371,102 5,895,657 1,255,848 - 50,767,584 Prior Period Demand Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and Over Undistributed (*) Total Total assets 27,856,378 15,182,265 5,857,983 32,892,726 76,454,225 45,459,944 8,836,384 212,539,905 Total liabilities 24,434,037 88,090,552 24,843,197 21,662,436 16,484,413 11,188,413 25,836,857 212,539,905 Liquidity gap 3,422,341 (72,908,287) (18,985,214) 11,230,290 59,969,812 34,271,531 (17,000,473) - Net Off Balance Sheet Position - (474,036) (2,839) 423,666 933,313 652,787 - 1,532,891 Receivables from Derivative Financial Instruments - 8,574,724 4,360,190 2,799,556 12,736,387 5,799,680 - 34,270,537 Payables from Derivative Financial Instruments - 9,048,760 4,363,029 2,375,890 11,803,074 5,146,893 - 32,737,646 Non-cash Loans 3,594,694 1,317,799 23,409,999 6,456,303 4,800,854 868,775 - 40,448,424 (*) Certain assets on the balance sheet that are necessary for the banking operations but not convertible into cash in short period such as tangible assets, intangible assets, associates, subsidiaries, miscellaneous receivables and shareholder’s equity in the liabilities have been included in the “Undistributed” column.