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 340 VakıfBank Annual Report 2017 2. Linkages between Financial statements and Regulatory Exposures a) Differences between accounting and regulatory scopes of consolidation and mapping of financial statement categories with regulatory risk categories Carrying values of items (according to TAS) Current Period Carrying values as reported in published financial statements Subject to credit risk Subject to counterparty credit risk Subject to the securitization Subject to market risk Not subject to capital requirements or subject to deduction from capital Assets Cash and balances at central bank 28,656,246 28,656,246 - - - - Financial assets held for trading 2,076,223 - 2,076,223 - 49,126 - Financial assets designated at fair value through profit or loss - - - - - - Banks 13,323,799 13,323,799 - - - - Receivables from money markets 1,659,062 1,659,062 - - - - Available for sale financial assets (net) 14,570,384 14,143,749 2,019,945 - 426,635 - Loans and receivables 186,548,784 186,547,429 - - - 1,355 Factoring receivables 2,192,302 - - - - - Held to maturity investments (net) 16,766,071 16,766,071 7,767,018 - - - Investments in associates (net) 384,454 384,454 - - - - Investments in subsidiaries (net) 279,647 279,647 - - - - Investments in joint ventures (net) - - - - - - Leasing receivables 1,880,200 - - - - - Derivative financial assets held for hedges - - - - - - Tangible assets (net) 1,731,409 1,544,548 - - - 186,861 Intangible assets (net) 255,462 - - - - 255,462 Investment properties (net) 423,498 - - - - - Tax assets 63,612 63,612 - - - - Non-current assets and disposal groups classified as held for sale (net) 1,312,728 1,312,728 - - - - Other assets 8,735,125 8,735,125 - - - - Total assets 280,859,006 273,416,470 11,863,186 - 475,761 443,678 Liabilities Deposits 157,987,866 - - - - 157,987,866 Derivative financial liabilities held for trading 1,180,542 - 1,180,542 - 49,131 1,180,542 Loans 31,387,788 - - - - 31,387,788 Debt to money markets 22,689,075 - 9,157,688 - - 13,531,387 Debt securities in issue 19,870,759 - - - - - Funds 3,206 - - - - 3,206 Various debts 7,333,030 - - - - 7,333,030 Other liabilities 3,977,293 - - - - 3,977,293 Factoring debts 437 - - - - - Debts from leasing transactions - - - - - - Derivative financial liabilities held for hedges - - - - - - Provisions 6,127,041 - - - - 6,127,041 Tax liability 761,867 - - - - 761,867 Liabilities included in disposal groups classified as held for sale (net) - - - - - - Subordinated debts 5,917,137 - - - - 5,917,137 Equity 23,622,965 - - - - 23,622,965 Total liabilities 280,859,006 - 10,338,230 - 49,131 251,830,122