VKF_FRAE_2017

270 VakıfBank Annual Report 2017 PART III: FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR’S REPORT ORIGINALLY ISSUED IN TURKISH, SEE IN NOTE I. OF SECTION THREE TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI CONSOLIDATED INTERIM FINANCIAL REPORT AS AT AND FOR THE YEAR ENDED DECEMBER 31, 2017 Address : Saray Mahallesi Dr. Adnan Büyükdeniz Caddesi No: 7/A-B 34768 Ümraniye/İSTANBUL Telephone : 0216 724 10 00 Fax : 0216 724 39 09 Electronic web site : www.vakifbank.com.tr Electronic mail address : mevzuat@vakifbank.com.tr The consolidated financial report as at and for the year ended December 31, 2017 prepared in accordance with the communiqué of Financial Statements and Related Disclosures and Footnotes to be Announced to Public by Banks as regulated by Banking Regulation and Supervision Agency, is comprised of the following sections: • GENERAL INFORMATION ABOUT THE PARENT BANK • CONSOLIDATED FINANCIAL STATEMENTS OF THE PARENT BANK • DISCLOSURES ON ACCOUNTING POLICIES APPLIED IN THE PERIOD • INFORMATION RELATED TO FINANCIAL POSITION AND RISK MANAGEMENT OF THE GROUP • DISCLOSURES AND FOOTNOTES ON CONSOLIDATED FINANCIAL STATEMENTS • OTHER DISCLOSURES • INDEPENDENT AUDITOR’S REPORT The subsidiaries and associates included in the consolidated financial report are as follows: SUBSIDIARIES ASSOCIATES JOINT-VENTURES Güneş Sigorta AŞ Kıbrıs Vakıflar Bankası Ltd. - Vakıf Emeklilik ve Hayat AŞ Türkiye Sınai Kalkınma Bankası AŞ - Vakıf Faktoring AŞ - - Vakıf Finansal Kiralama AŞ - - Vakıf Portföy Yönetimi AŞ - - Vakıf Yatırım Menkul Değerler AŞ - - Vakıfbank International AG - - Vakıf Gayrimenkul Yatırım Ortaklığı AŞ - - Vakıf Menkul Kıymet Yatırım Ortaklığı AŞ - - The consolidated financial statements for the year and related disclosures and footnotes that were subject to limited review, are prepared in accordance with the Regulation on Accounting Applications for Banks and Safeguarding of Documents, Turkish Accounting Standards, Turkish Financial Reporting Standards and the related statements and guidance and in compliance with the financial records of our Bank. Unless otherwise stated, the accompanying consolidated financial report is presented in thousands of Turkish Lira (TL), and has been subjected to limited review. March 2, 2018 The authorized contact person for questions on this financial report: Name-Surname/Title : S. Buğra SÜRÜEL / Manager Name-Surname/Title : Burcu Sütcü AKDAĞ / Asst. Manager Phone no : 0 312 591 11 48 Phone no : 0 312 591 11 93 Fax no : 0 312 591 20 01 Fax no : 0 312 591 20 01 Serdar TUNÇBİLEK Board Member and Audit Committee Member Sabahattin BİRDAL Board member and Audit Committee Member Mehmet Emin ÖZCAN General Manager and Board Member İsmail ALPTEKİN Chairman of the Board of Directors Şuayyip İLBİLGİ Assistant General Manager Ferkan MERDAN Director of Accounting and Financial Affairs