VKF_FRAE_2017

389 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.) December 31, 2017 Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and Over Total Currency swaps: Purchase 3,321,304 3,044,756 908,460 271,380 - 7,545,900 Sale 718,359 795,056 899,832 287,826 - 2,701,073 Currency forwards: Purchase 191,078 237,194 861,239 96,150 - 1,385,661 Sale 190,999 237,075 860,677 96,086 - 1,384,837 Cross currency interest rate swaps: Purchase 264,597 37,800 303,700 6,677,071 140,118 7,423,286 Sale 161,595 25,580 303,700 6,126,870 132,682 6,750,427 Interest rate swaps: Purchase 100,000 100,000 - 4,262,921 4,017,627 8,480,548 Sale 100,000 100,000 - 4,262,921 4,017,627 8,480,548 Options: Purchase 333,265 19,141 73,700 - - 426,106 Sale 336,538 19,392 75,600 - - 431,530 Other trading derivatives: Purchase 38,820 75,600 415,800 2,683,002 3,430,128 6,643,350 Sale 2,646,434 2,316,290 326,755 1,945,000 2,463,118 9,697,597 Total purchases 4,249,064 3,514,491 2,562,899 13,990,524 7,587,873 31,904,851 Total sales 4,153,925 3,493,393 2,466,564 12,718,703 6,613,427 29,446,012 Total 8,402,989 7,007,884 5,029,463 26,709,227 14,201,300 61,350,863 December 31, 2016 Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and Over Total Currency swaps: Purchase 8,131,383 4,142,976 59,393 333,432 - 12,667,184 Sale 5,967,447 3,320,505 57,412 406,566 - 9,751,930 Currency forwards: Purchase 91,264 240,192 436,920 39,781 - 808,157 Sale 91,595 240,137 436,440 39,656 - 807,828 Cross currency interest rate swaps: Purchase - - 826,025 7,055,829 - 7,881,854 Sale - - 434,479 6,450,235 - 6,884,714 Interest rate swaps: Purchase - - 1,231,927 3,384,843 3,916,642 8,533,412 Sale - - 1,231,927 3,384,842 3,916,643 8,533,412 Options: Purchase 407,926 20,002 - - - 427,928 Sale 424,764 20,616 - - - 445,380 Other trading derivatives: Purchase 70,300 210,900 246,049 1,922,502 1,883,038 4,332,789 Sale 2,700,249 1,037,023 215,525 1,521,775 1,230,250 6,704,822 Total purchases 8,700,873 4,614,070 2,800,314 12,736,387 5,799,680 34,651,324 Total sales 9,184,055 4,618,281 2,375,783 11,803,074 5,146,893 33,128,086 Total 17,884,928 9,232,351 5,176,097 24,539,461 10,946,573 67,779,410