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 330 VakıfBank Annual Report 2017 Maturity analysis of assets and liabilities according to remaining maturities: Current Period Demand Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and Over Undistributed (*) Total Assets: Cash and balance with CBRT 28,656,246 - - - - - - 28,656,246 Banks 1,275,845 11,160,027 879,740 8,187 - - - 13,323,799 Financial assets at fair value through profit/loss 7,893 125,950 47,634 163,788 1,563,687 167,271 - 2,076,223 Interbank money market placements - 1,657,596 957 509 - - - 1,659,062 Available-for-sale financial assets - 367,288 222,590 1,514,607 7,117,757 5,304,772 43,370 14,570,384 Loans and receivables 27,331 15,033,785 5,711,157 33,139,366 85,661,984 45,868,907 1,106,254 186,548,784 Held-to-maturity investments - 75,675 37,804 329,917 10,046,465 6,276,210 - 16,766,071 Other assets 3,441 1,692,757 803,227 1,781,772 1,935,765 112,835 10,928,640 17,258,437 Total assets 29,970,756 30,113,078 7,703,109 36,938,146 106,325,658 57,729,995 12,078,264 280,859,006 Liabilities: Bank deposits 491,073 8,268,276 842,741 177,301 - - - 9,779,391 Other deposits 29,632,439 81,441,570 24,580,392 11,175,827 1,336,926 41,321 - 148,208,475 Funds borrowed - 1,098,000 2,013,560 13,248,094 8,769,383 6,258,751 - 31,387,788 Interbank money market takings - 22,019,375 15,047 - 449,402 205,251 - 22,689,075 Securities issued - 1,247,389 2,050,535 5,605,001 9,594,565 1,373,269 - 19,870,759 Miscellaneous payables - 5,628,784 305,845 231,107 1,808 - 1,165,486 7,333,030 Other liabilities - 924,390 1,130,629 1,465,656 3,822,177 3,588,563 30,659,073 41,590,488 Total liabilities 30,123,512 120,627,784 30,938,749 31,902,986 23,974,261 11,467,155 31,824,559 280,859,006 Liquidity gap (152,756) (90,514,706) (23,235,640) 5,035,160 82,351,397 46,262,840 (19,746,295) - Net Off Balance Sheet Position - 94,163 5,183 113,226 1,271,821 974,446 - 2,458,839 Receivables from Derivative Financial Instruments - 4,193,884 3,236,673 2,895,897 13,990,524 7,587,873 - 31,904,851 Payables from Derivative Financial Instruments - 4,099,721 3,231,490 2,782,671 12,718,703 6,613,427 - 29,446,012 Non-cash Loans 5,213,196 1,431,728 29,600,053 7,378,630 6,202,111 1,255,848 242,136 51,323,702 Prior Period Demand Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and Over Undistributed (*) Total Total assets 28,037,787 16,311,836 7,328,645 33,931,797 79,690,315 46,063,541 9,307,079 220,671,000 Total liabilities 24,939,864 88,813,514 26,286,246 23,795,349 19,097,068 11,268,137 26,470,822 220,671,000 Liquidity gap 3,097,923 (72,501,678) (18,957,601) 10,136,448 60,593,247 34,795,404 (17,163,743) - Net Off Balance Sheet Position - (479,339) (6,902) 423,379 933,313 652,787 - 1,523,238 Receivables from Derivative Financial Instruments - 8,668,204 4,637,320 2,809,733 12,736,387 5,799,680 - 34,651,324 Payables from Derivative Financial Instruments - 9,147,543 4,644,222 2,386,354 11,803,074 5,146,893 - 33,128,086 Non-cash Loans 3,594,694 1,317,799 23,411,576 6,463,985 5,003,522 868,775 - 40,660,351 (*) Certain assets on the balance sheet that are necessary for the banking operations but not convertible into cash in short period such as tangible assets, intangible assets, associates, subsidiaries, miscellaneous receivables and shareholder’s equity in the liabilities have been included in the “Undistributed” column.