VKF_FRAE_2017

341 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.) Carrying values of items (according to TAS) Prior 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 24,369,315 24,369,315 - - - - Financial assets held for trading 1,789,233 - 1,789,233 - 57,814 - Financial assets designated at fair value through profit or loss - - - - - - Banks 5,275,489 5,275,489 - - - - Receivables from money markets 5,232 5,232 - - - - Available for sale financial assets (net) 18,619,080 18,083,454 5,960,349 - 535,626 - Loans and receivables 149,575,269 149,574,103 - - - 1,166 Factoring receivables 1,390,714 - - - - - Held to maturity investments (net) 8,180,535 8,180,535 5,323,555 - - - Investments in associates (net) 336,232 336,232 - - - - Investments in subsidiaries (net) 286,698 286,698 - - - - Investments in joint ventures (net) - - - - - - Leasing receivables 1,546,409 - - - - - Derivative financial assets held for hedges - - - - - - Tangible assets (net) 1,703,103 1,540,982 - - - 162,121 Intangible assets (net) 230,265 - - - - 230,265 Investment properties (net) 354,385 - - - - - Tax assets 197,922 197,922 - - - - Non-current assets and disposal groups classified as held for sale (net) 1,228,102 1,115,960 - - - 112,142 Other assets 5,583,017 5,583,017 - - - - Total assets 220,671,000 214,548,939 13,073,137 - 593,440 505,694 Liabilities Deposits 126,259,309 - - - - 126,259,309 Derivative financial liabilities held for trading 1,154,424 - 1,154,424 - 45,403 1,154,424 Loans 26,299,430 - - - - 26,299,430 Debt to money markets 13,244,271 - 13,244,271 - - 13,244,271 Debt securities in issue 14,682,824 - - - - - Funds 3,319 - - - - 3,319 Various debts 5,543,555 - - - - 5,543,555 Other liabilities 2,765,731 - - - - 2,765,731 Factoring debts 81 - - - - - Debts from leasing transactions - - - - - - Derivative financial liabilities held for hedges - - - - - - Provisions 5,606,097 - - - - 5,606,097 Tax liability 489,787 - - - - 489,787 Liabilities included in disposal groups classified as held for sale (net) - - - - - - Subordinated debts 5,014,700 - - - - 5,014,700 Equity 19,607,472 - - - - 19,607,472 Total liabilities 220,671,000 - 14,398,695 - 45,403 205,988,095