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 388 VakıfBank Annual Report 2017 Group I Group II Prior Period TL FC TL FC Letters of guarantee 26,226,670 5,580,727 308,947 45,257 Confirmed bills of exchange and acceptances 53,702 1,142,668 - 272 Letters of credit 1,762 6,887,315 - 16,960 Endorsements - - - - Purchase guarantees for securities issued - - - - Factoring guarantees 202,668 7,682 - - Other guarantees and sureties - 20,562 - - Total Non-Cash Loans 26,484,802 13,638,954 308,947 62,489 5. Information on the non-cash loans classified as first and second group Current Period Prior Period Trading Derivatives Foreign Currency Related Derivative Transactions (I) 28,048,820 39,674,975 Currency Forwards 2,770,498 1,615,985 Currency Swaps 24,420,686 37,185,682 Currency Futures - - Currency Options 857,636 873,308 Interest Rate Derivative Transactions (II) 16,961,096 17,066,824 Interest Rate Forwards - - Interest Rate Swaps 16,961,096 17,066,824 Interest Rate Options - - Securities Call Put Options Interest Rate Futures - - Other Trading Derivatives (III) 16,340,947 11,037,611 A. Total Trading Derivatives (I+II+III) 61,350,863 67,779,410 Hedging Derivatives Fair Value Hedges - - Cash Flow Hedges - - Hedges for Foreign Currency Investments - - B. Total Hedging Derivatives - - Derivative Transactions (A+B) 61,350,863 67,779,410