VKF_FRAE_2017

329 VakıfBank Annual Report 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.) Prior Period Total unweighted value * Total weighted value* TL+FC FC TL+FC FC HIGH QUALITY LIQUID ASSETS 1 Total High Quality Liquid Assets (HQLA) 31,327,045 17,494,256 CASH OUTFLOWS 2 Retail deposits and deposits from small business customers, of which: 56,398,533 18,755,224 4,709,780 1,875,523 3 Stable deposits 18,601,460 - 930,073 - 4 Less stable deposits 37,797,073 18,755,224 3,779,707 1,875,523 5 Unsecured wholesale funding, of which: 63,466,793 16,531,060 25,468,933 8,024,537 6 Operational deposits 43,127,499 9,221,613 10,781,875 2,305,403 7 Non-operational deposits 10,385,173 5,745,212 6,992,999 4,191,277 8 Unsecured debt 9,954,121 1,564,235 7,694,059 1,527,857 9 Secured wholesale funding - - 10 Additional requirements of which: 12,074,577 11,213,463 12,074,577 11,213,463 11 Outflows related to derivative exposures and other collateral requirements 12,074,577 11,213,463 12,074,577 11,213,463 12 Outflows related to loss of funding on debt products - - - - 13 Credit and liquidity facilities - - - - 14 Other contractual funding obligations 16,675,067 16,238,733 833,753 811,937 15 Other contingent funding obligations 44,925,526 11,988,692 6,590,564 1,095,508 16 TOTAL CASH OUTFLOWS 49,677,607 23,020,968 CASH INFLOWS 17 Secured lending - - - - 18 Inflows from fully performing exposures 13,757,171 5,596,651 9,870,634 4,837,408 19 Other cash inflows 9,441,176 5,175,370 9,441,176 5,175,370 20 TOTAL CASH INFLOWS 23,198,347 10,772,021 19,311,810 10,012,778 Upper Limit Applied Values 21 TOTAL HQLA 31,327,045 17,494,256 22 TOTAL NET CASH OUTFLOWS 30,365,797 13,008,190 23 LIQUIDITY COVERAGE RATIO (%) 103.26 136.98 (*) Simple arithmetic average, calculated for the last three months, of the values calculated by taking monthly simple arithmetic average. With the “Liquidity Coverage Rate” which is prepared under the framework of “Regulations Regarding Banks’ Calculations of Liquidity Coverage Rate” published by BRSA, the balance between banks’ net cash outflows and high quality liquid asset stock The Group’s high quality liquid asset stock consists of cash and debt instruments issued by CBRT and Republic of Turkey Undersecretariat of Treasury. Whereas the Group’s important fund sources are deposits, funds obtained from other financial institutions, marketable securities issued and funds obtained from repo transactions. Derivatives transactions with 30 or less days to maturity are included into liquidity coverage calculation with cash outflows created by the transactions as of the calculated liquidity coverage rate. In case of a liability resulting from derivatives transactions and security fulfillment liability resulting from other liabilities, actions are taken accordingly to the related regulation.