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 356 VakıfBank Annual Report 2017 Central counterparty risks Current Period Exposure at default (post-CRM) RWA 1 Exposure to Qualified Central Counterparties (QCCPs) (total) 410 2 Exposures for trades at QCCPs (excluding initial margin and default fund contributions); of which 20,494 410 3 (i) OTC Derivatives 20,494 410 4 (ii) Exchange-traded Derivatives - - 5 (iii) Securities financing transactions - - 6 (iv) Netting sets where cross-product netting has been approved - - 7 Segregated initial margin - 8 Non-segregated initial margin - - 9 Pre-funded default fund contributions - - 10 Unfunded default fund contributions - - 11 Exposures to non-QCCPs (total) - 12 Exposures for trades at non-QCCPs (excluding initial margin and default fund contributions); of which - - 13 (i) OTC Derivatives - - 14 (ii) Exchange-traded Derivatives - - 15 (iii) Securities financing transactions - - 16 (iv) Netting sets where cross-product netting has been approved - - 17 Segregated initial margin - - 18 Non-segregated initial margin - - 19 Pre-funded default fund contributions - - 20 Unfunded default fund contributions - - Prior Period Exposure at default (post-CRM) RWA 1 Exposure to Qualified Central Counterparties (QCCPs) (total) 323 2 Exposures for trades at QCCPs (excluding initial margin and default fund contributions); of which 16,124 323 3 (i) OTC Derivatives 16,124 323 4 (ii) Exchange-traded Derivatives - - 5 (iii) Securities financing transactions - - 6 (iv) Netting sets where cross-product netting has been approved - - 7 Segregated initial margin - 8 Non-segregated initial margin - - 9 Pre-funded default fund contributions - - 10 Unfunded default fund contributions - - 11 Exposures to non-QCCPs (total) - 12 Exposures for trades at non-QCCPs (excluding initial margin and default fund contributions); of which - - 13 (i) OTC Derivatives - - 14 (ii) Exchange-traded Derivatives - - 15 (iii) Securities financing transactions - - 16 (iv) Netting sets where cross-product netting has been approved - - 17 Segregated initial margin - 18 Non-segregated initial margin - - 19 Pre-funded default fund contributions - - 20 Unfunded default fund contributions - -