VKF_FRAE_2017

CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE IN NOTE I. OF SECTION THREE TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND ITS FINANCIAL SUBSIDIARIES EXPLANATIONS AND NOTES RELATED TO THE CONSOLIDATED 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 322 VakıfBank Annual Report 2017 Interest rate sensitivity of assets, liabilities and off balance sheet items (Based on repricing dates) Current Period Up to 1 Month 1-3 Months 3-12 Months 1-5 Years5 Years and Over Non-Interest Bearing Total Assets: Cash and balances with CBRT 16,440,969 - - - - 12,215,277 28,656,246 Banks 11,171,891 879,741 8,187 - - 1,263,980 13,323,799 Financial assets at fair value through profit/loss 391,812 520,939 204,870 831,608 119,101 7,893 2,076,223 Interbank money market placements 1,657,596 957 509 - - - 1,659,062 Available-for-sale financial assets 3,082,642 1,597,538 4,238,724 4,339,735 1,268,375 43,370 14,570,384 Loans and receivables 80,929,714 12,062,986 31,934,009 40,514,706 20,001,115 1,106,254 186,548,784 Held-to-maturity investments 986,375 2,743,646 6,217,027 4,327,554 2,491,469 - 16,766,071 Other assets (*) 106,487 655,271 1,357,788 1,726,514 118,216 13,294,161 17,258,437 Total assets 114,767,486 18,461,078 43,961,114 51,740,117 23,998,276 27,930,935 280,859,006 Liabilities: Bank deposits 8,268,276 842,741 177,301 - - 491,073 9,779,391 Other deposits 81,487,029 24,794,960 10,977,089 1,328,034 41,321 29,580,042 148,208,475 Interbank money market takings 22,019,375 15,047 140,509 449,402 64,742 - 22,689,075 Miscellaneous payables - - - - - 7,333,030 7,333,030 Securities issued 1,247,389 2,099,508 6,106,438 9,251,597 1,165,827 - 19,870,759 Funds borrowed 9,507,413 11,377,264 6,276,171 2,328,262 1,663,576 235,102 31,387,788 Other liabilities (**) 21,172 170,988 518,411 4,097,325 2,292,989 34,489,603 41,590,488 Total liabilities 122,550,654 39,300,508 24,195,919 17,454,620 5,228,455 72,128,850 280,859,006 On balance sheet long position - - 19,765,195 34,285,497 18,769,821 - 72,820,513 On balance sheet short position (7,783,168) (20,839,430) - - - (44,197,915) (72,820,513) Off-balance sheet long position 1,267,350 3,559,363 140,118 - 162,518 - 5,129,349 Off-balance sheet short position - - - (2,683,485) - - (2,683,485) Net position (6,515,818) (17,280,067) 19,905,313 31,602,012 18,932,339 (44,197,915) 2,445,864 (*) Subsidiaries, associates and tangible and intangible assets, and deferred tax are included in “non-interest bearing” column. (**) Equity is included in “non-interest” bearing column in other liabilities line.