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 252 VakıfBank Annual Report 2017 6. Information on contingent assets and liabilities Bank allocates TL 2,760 as provision for lawsuits against the Bank (December 31, 2016: TL 4,755). 7. Services rendered on behalf of third parties The Bank acts as an investment agent for banking transactions on behalf of its customers and provides custody services. Such transactions are followed under off-balance sheet accounts. The Bank’s custody services and banking transactions on behalf of individuals and corporate customers does not present a material portion. IV. INFORMATION ON DISCLOSURES RELATED TO THE STATEMENT OF INCOME 1. Interest income Information on interest income received from loans Current Period Prior Period TL FC TL FC Short-term Loans 4,816,136 180,467 4,374,026 179,314 Medium and Long-Term Loans 10,645,543 2,483,640 7,546,973 1,842,032 Non-performing Loans 137,052 - 269,572 - Premiums Received from Resource Utilization Support Fund - - - - Total 15,598,731 2,664,107 12,190,571 2,021,346 Information on interest income received from banks Current Period Prior Period TL FC TL FC Central Bank of Republic of Turkey - 6 - 198 Domestic Banks 8,690 5,368 867 1,368 Foreign Banks 57 38,517 15 22,584 Foreign Head Office and Branches - - - - Total 8,747 43,891 882 24,150 Information on interest income received from marketable securities portfolio Current Period Prior Period TL FC TL FC Financial assets held for trading - - - - Financial assets where fair value change is reflected to income statement - - - - Financial assets available for sale 1,481,282 227,335 1,225,597 271,077 Investments held to maturity 1,111,569 48,705 706,281 1,463 Total 2,592,851 276,040 1,931,878 272,540 Information on interest income received from associates and subsidiaries Current Period Prior Period Interest Received from Associates and Subsidiaries 17,079 11,011