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 202 VakıfBank Annual Report 2017 2. Linkages between Financial Statements and Regulatory Exposures a) Differences between accounting and regulatory scopes of consolidation and mapping of financial statement categories with regulatory risk categories Current Period Carrying values of items (according to TAS) Carrying values as reported in published financial statements Subject to credit risk Subject to counterparty credit risk Subject to the securitization Subject to market risk Not subject to capital requirements or subject to deduction from capital Assets Cash and balances at central bank 28,644,824 28,644,824 - - - - Financial assets held for trading 1,936,788 - 1,936,788 - 49,126 - Financial assets designated at fair value through profit or loss - - - - - - Banks 11,887,828 11,887,828 - - - - Receivables from money markets 1,652,102 1,652,102 - - - - Available for sale financial assets (net) 13,549,714 13,245,166 1,839,025 - 304,548 - Loans and receivables 183,971,615 183,970,260 - - - 1,355 Factoring receivables - - - - - - Held to maturity investments (net) 16,766,071 16,766,071 7,767,018 - - - Investments in associates (net) 349,158 349,158 - - - - Investments in subsidiaries (net) 2,213,858 2,213,858 - - - - Investments in joint ventures (net) - - - - - - Leasing receivables - - - - - - Derivative financial assets held for hedges - - - - - - Tangible assets (net) 1,417,263 1,234,286 - - - 182,977 Intangible assets (net) 210,970 - - - - 210,970 Investment properties (net) - - - - - - Tax assets - - - - - - Non-current assets and disposal groups classified as held for sale (net) 1,312,493 1,312,493 - - - - Other assets 6,659,026 6,659,026 - - - - Total assets 270,571,710 267,935,072 11,542,831 - 353,674 395,302 Liabilities Deposits 155,277,122 - - - - 155,277,122 Derivative financial liabilities held for trading 1,184,530 - 1,184,530 - 49,131 1,184,530 Loans 28,307,621 - - - - 28,307,621 Debt to money markets 22,270,837 - 8,976,768 - - 13,294,069 Debt securities in issue 19,485,098 - - - - - Funds 3,206 - - - - 3,206 Various debts 6,848,328 - - - - 6,848,328 Other liabilities 3,837,566 - - - - 3,837,566 Factoring debts - - - - - - Debts from leasing transactions - - - - - - Derivative financial liabilities held for hedges - - - - - - Provisions 3,412,482 - - - - 3,412,482 Tax liability 751,133 - - - - 751,133 Liabilities included in disposal groups classified as held for sale (net) - - - - - - Subordinated debts 5,935,969 - - - - 5,935,969 Equity 23,257,818 - - - - 23,257,818 Total liabilities 270,571,710 - 10,161,298 - 49,131 242,109,844