VKF_FRAE_2017

331 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.) Residual contractual maturities of financial liabilities Current period Carrying amount Gross nominal outflow Demand Less than one month 1-3 months 3 months to 1 year 1-5 years More than 5 years Bank deposits 9,779,391 9,798,057 491,073 8,272,414 854,421 180,149 - - Other deposits 148,208,475 149,654,628 29,632,439 81,727,081 24,963,127 11,665,683 1,601,914 64,384 Funds borrowed 31,387,788 35,000,273 - 1,102,883 2,035,644 13,484,725 10,359,242 8,017,779 Money market takings 22,689,075 22,803,056 - 22,029,291 15,273 - 515,576 242,916 Issued Securities (Net) 19,870,759 21,395,325 - 1,257,646 2,097,659 5,772,621 10,750,978 1,516,421 Miscellaneous payables 7,333,030 7,333,030 1,165,486 5,628,784 305,845 231,107 1,808 - Other liabilities 10,441,299 13,506,537 2,949,344 332,158 94,975 188,394 4,097,269 5,844,397 Total 249,709,817 259,490,906 34,238,342 120,350,257 30,366,944 31,522,679 27,326,787 15,685,897 Non-Cash Loans 51,323,702 51,323,702 5,455,332 1,431,728 29,600,053 7,378,630 6,202,111 1,255,848 Prior period Carrying amount Gross nominal outflow Demand Less than one month 1-3 months 3 months to 1 year 1-5 years More than 5 years Bank deposits 5,075,901 5,085,671 243,644 4,287,093 459,456 95,478 - - Other deposits 121,183,408 122,125,718 24,600,347 66,481,532 20,858,252 8,055,182 2,052,190 78,215 Funds borrowed 26,299,430 29,135,873 - 689,930 1,278,907 11,742,778 7,845,281 7,578,977 Money market takings 13,244,271 13,376,729 - 11,596,992 1,141,262 - 548,086 90,389 Issued Securities (Net) 14,682,824 15,769,709 - 540,447 1,733,134 3,211,213 10,284,915 - Miscellaneous payables 5,543,555 5,543,555 1,216,250 4,061,654 174,010 89,602 2,039 - Other liabilities 8,480,070 10,486,315 1,931,584 884,634 92,437 27,654 466,873 7,083,133 Total 194,509,459 201,523,570 27,991,825 88,542,282 25,737,458 23,221,907 21,199,384 14,830,714 Non-Cash Loans 40,660,351 40,660,351 3,594,694 1,317,799 23,411,576 6,463,985 5,003,522 868,775 This table shows the undiscounted cash flows on the Group’s financial liabilities on the basis of their earliest possible contractual maturity. Therefore, the gross nominal outflows in the table above vary from the carrying amounts of the relevant financial liabilities reflected in the consolidated financial statements. VII. CONSOLIDATED LEVERAGE RATIO Information on Issues that Cause Differences between Current Period and Previous Period Leverage Ratios The Group’s consolidated leverage rate which is calculated due to “Regulation on Banks’ Measurement and Evaluation of Leverage Level” actualized as 6.39%. Increase in balance sheet assets and off-balance sheet transactions resulted in change on leverage rate compared to previous period (December 31, 2016: 6.71%). The Regulation adjudicated minimum leverage rate as 3%.