VKF_FRAE_2017

387 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.) 2. Non-cash loans Current Period Prior Period Non-cash loans given for cash loan risks 3,771,138 2,788,811 With original maturity of 1 year or less 1,216,243 1,126,734 With original maturity of more than 1 year 2,554,895 1,662,077 Other non-cash loans 47,552,564 37,871,540 Total 51,323,702 40,660,351 3. Sectoral risk concentrations of non-cash loans Current Period Prior Period TL % FC % TL % FC % Agricultural 40,142 0.12 20,449 0.11 81,809 0.30 382,403 2.79 Farming and cattle 35,606 0.11 20,449 0.11 69,203 0.26 378,930 2.76 Forestry 3,213 0.01 - - 11,601 0.04 3,473 0.03 Fishing 1,323 - - - 1,005 - - - Manufacturing 12,256,698 37.53 7,292,016 39.06 10,907,710 40.35 7,157,290 52.18 Mining 281,602 0.86 175,494 0.94 1,157,275 4.29 144,199 1.05 Production 7,930,683 24.29 6,505,402 34.85 6,697,549 24.73 6,606,838 48.17 Electric, gas and water 4,044,413 12.38 611,120 3.27 3,052,886 11.33 406,253 2.96 Construction 4,855,489 14.87 1,577,187 8.45 4,216,428 15.77 2,323,864 16.96 Services 13,929,661 42.66 5,399,060 28.92 9,412,571 34.94 2,602,185 18.97 Wholesale and retail trade 5,412,904 16.58 3,084,829 16.53 4,056,016 15.05 1,556,974 11.35 Hotel, food and beverage services 269,673 0.83 18,654 0.10 112,775 0.42 663 - Transportation and Telecommunication 1,530,254 4.69 754,908 4.04 1,330,694 4.94 876,095 6.39 Financial institutions 3,537,700 10.83 437,710 2.34 2,492,659 9.25 66,679 0.49 Real estate and renting services 1,558,909 4.77 408,524 2.19 358,074 1.33 28,456 0.21 Self-employment services 1,439,047 4.41 682,660 3.66 700,053 2.60 66,033 0.48 Education services 37,182 0.11 8,202 0.04 18,627 0.07 1,588 0.01 Health and social services 143,992 0.44 3,573 0.02 343,673 1.28 5,697 0.04 Other 1,574,354 4.82 4,378,646 23.46 2,327,606 8.64 1,248,485 9.10 Total 32,656,344 100.00 18,667,358 100.00 26,946,124 100.00 13,714,227 100.00 4. Information on the non-cash loans classified as first and second group Group I Group II Current Period TL FC TL FC Letters of guarantee 31,630,753 8,022,283 240,831 110,773 Confirmed bills of exchange and acceptances 44,700 1,510,854 - - Letters of credit 30,161 8,959,467 - 4,523 Endorsements - - - - Purchase guarantees for securities issued - - - - Factoring guarantees 225,380 7,528 - - Other guarantees and sureties 321,042 46,052 - - Total Non-Cash Loans 32,252,036 18,546,184 240,831 115,296