VKF_FRAE_2017

350 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.) PART III: FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT Exposures by asset classes and risk weights Current Period Asset Classes/ Risk Weight* 0% 10% 20% 35% (secured by real estate) 50% 75% 100% 150% 200% 250% Other Risk Weights Total credit risk exposure amount (After CCF and CRM) 1 Exposures to central governments or central banks 77,478,439 - 90 - 10,236,204 - 22,458 - - - - 87,737,191 2 Exposures to regional governments or local authorities 9,934 - 110,209 - 6,789,526 - - - - - - 6,909,669 3 Exposures to public sector entities 3,704 - 12,118 - - - 422,612 - - - - 438,434 4 Exposures to multilateral development banks 1,583 - - - - - 18,032 - - - - 19,615 5 Exposures to International organizations - - - - - - - - - - - - 6 Exposures to institutions 738 - 2,681,063 - 6,249,972 - 599,037 - - - - 9,530,810 7 Exposures to corporates 368,031 - 225,296 - 2,410,442 - 90,377,323 - - - - 93,381,092 8 Retail exposures 238,496 - 94,654 - - 50,492,152 - - - - - 50,825,303 9 Exposures secured by residential property - - - 23,271,806 - - - - - - - 23,271,806 10 Exposures secured by commercial real estate - - - - 19,336,772 - 5,781,432 - - - - 25,118,204 11 Past-due loans - - - - - - 1,106,254 - - - - 1,106,254 12 Higher Risk categories by the Agency Board - - - - - - - 220,667 - 62,596 - 283,263 13 Exposures in the form of covered bonds - - - - - - - - - - - - 14 Exposures to institutions and corporates with a short term credit assessments - - - - - - - - - - - - 15 Exposures in the form of units or shares in collective investment undertakings (CIUs) - - - - - - 263 - - - - 263 16 Other assets - - - - - - 707,498 - - - - 707,498 17 Investments in equities 1,998,789 - 380,234 - - - 7,996,866 - - - - 10,375,889 18 Total 80,099,714 - 3,503,664 23,271,806 45,022,916 50,492,152 107,031,776 220,667 - 62,596 - 309,705,291 Prior Period Asset Classes/ Risk Weight* 0% 10% 20% 35% (secured by real estate) 50% 75% 100% 150% 200% 250% Other Risk Weights Total credit risk exposure amount (After CCF and CRM) 1 Exposures to central governments or central banks 26,990,907 - - - 27,133,972 - 2 - - - - 54,124,881 2 Exposures to regional governments or local authorities 10,109 - 86,015 - 4,657,379 - - - - - - 4,753,503 3 Exposures to public sector entities 4,060 - 660 - - - 1,298,516 - - - - 1,303,236 4 Exposures to multilateral development banks 3,705 - - - - - - - - - - 3,705 5 Exposures to International organizations - - - - - - - - - - - - 6 Exposures to institutions 1,792 - 1,994,366 - 4,045,095 - 64,585 - - - - 6,105,838 7 Exposures to corporates 399,141 - 394,561 - 2,324,302 - 71,854,806 - - - - 74,972,810 8 Retail exposures - - - - - 45,693,855 - - - - - 45,693,855 9 Exposures secured by residential property - - - 21,214,639 - - - - - - - 21,214,639 10 Exposures secured by commercial real estate - - - - 17,293,665 - 5,438,457 - - - - 22,732,122 11 Past-due loans - - - - - - 1,170,775 - - - - 1,170,775 12 Higher Risk categories by the Agency Board - - - - - - - 205,588 - 197,087 - 402,675 13 Exposures in the form of covered bonds - - - - - - - - - - - - 14 Exposures to institutions and corporates with a short term credit assessments - - - - - - - - - - - - 15 Exposures in the form of units or shares in collective investment undertakings (CIUs) - - - - - - - - - - - - 16 Other assets - - - - - - 650,567 - - - - 650,567 17 Investments in equities 1,801,543 - 242,229 - - - 5,494,502 - - - - 7,538,274 18 Total 29,211,257 - 2,717,831 21,214,639 55,454,413 45,693,855 85,972,210 205,588 - 197,087 - 240,666,880