VKF_FRAE_2018_uyg11

132 Part III: Financial Highlights and Assessment of Risk Management The accompanying explanations and notes form an integral part of these financial statements. SECTION TWO UNCONSOLIDATEDFINANCIAL STATEMENTS Audited Current Period December 31, 2018 ASSETS Notes TL FC Total I. FINANCIAL ASSETS (Net) 49,342,328 41,360,568 90,702,896 1.1 Cash and cash equivalents V-I-1 5,240,101 32,032,981 37,273,082 1.1.1 Cash and balances at Central Bank V-I-1 5,235,557 27,018,932 32,254,489 1.1.2 Banks V-I-3 4,544 5,014,049 5,018,593 1.1.3 Receivables from Money Markets - - - 1.2 Financial assets at fair value through profit or loss 1,395 69,766 71,161 1.2.1 Public debt securities - - - 1.2.2 Equity instruments - 69,766 69,766 1.2.3 Other financial assets 1,395 - 1,395 1.3 Financial assets at fair value through other comprehensive income V-I-4 7,727,407 1,274,971 9,002,378 1.3.1 Public debt securities 7,662,348 1,271,520 8,933,868 1.3.2 Equity instruments - 3,451 3,451 1.3.3 Other financial assets 65,059 - 65,059 1.4 Financial assets measured at amortised cost V-I-6 32,377,288 7,603,222 39,980,510 1.4.1 Public debt securities 32,326,808 7,413,026 39,739,834 1.4.2 Other financial assets 50,480 190,196 240,676 1.5 Derivative financial assets V-I-2 4,031,081 379,628 4,410,709 1.5.1 Derivative financial assets at fair value through profit or loss 4,031,081 379,628 4,410,709 1.5.2 Derivative financial assets at fair value through other comprehensive income - - - 1.6 Non-performing financial assets - - - 1.7 Allowance for expected credit losses (-) V-I-8 34,944 - 34,944 II. LOANS (Net) 140,101,774 81,444,743 221,546,517 2.1 Loans V-I-5 140,165,770 81,440,980 221,606,750 2.1.1 Loans measured at amortised cost 140,165,770 81,440,980 221,606,750 2.1.2 Loans at fair value through profit or loss - - - 2.1.3 Loans at fair value through other comprehensive income - - - 2.2 Receivables from leasing transactions V-I-10 - - - 2.2.1 Finance lease receivables - - - 2.2.2 Operational lease receivables - - - 2.2.3 Unearned income ( - ) - - - 2.3 Factoring receivables - - - 2.3.1 Factoring receivables measured at amortised cost - - - 2.3.2 Factoring receivables at fair value through profit or loss - - - 2.3.3 Factoring receivables at fair value through other comprehensive income - - - 2.4 Non-performing loans 10,766,615 33,542 10,800,157 2.5 Allowance for expected credit losses (-) 10,830,611 29,779 10,860,390 2.5.1 12-Month expected credit losses (Stage 1) 1,513,299 19,840 1,533,139 2.5.2 Significant increase in credit risk (Stage 2) 1,307,302 - 1,307,302 2.5.3 Credit-Impaired (Stage 3) 8,010,010 9,939 8,019,949 III. NON-CURRENTS ASSETS OR DISPOSAL GROUPS “HELD FOR SALE” AND “FROM DISCONTINUED OPERATIONS (Net) V-I-16 1,618,562 - 1,618,562 3.1 Held for sale 1,618,562 - 1,618,562 3.2 Held from discontinued operations - - - IV. INVESTMENTS IN ASSOCIATES, SUBSIDIARIES AND JOINT VENTURES 2,647,659 403,558 3,051,217 4.1 Investments in affiliates (Net) V-I-7 619,582 - 619,582 4.1.1 Associates accounted by using equity method - - - 4.1.2 Non-consolidated associates 619,582 - 619,582 4.2 Investments in subsidiaries (Net) V-I-8 2,028,077 403,558 2,431,635 4.2.1 Non-consolidated financial subsidiaries 1,726,174 403,558 2,129,732 4.2.2 Non-consolidated non-financial subsidiaries 301,903 - 301,903 4.3 Jointly Controlled Partnerships (Joint Ventures) (Net) V-I-9 - - - 4.3.1 Jointly controlled partnerships accounted by using equity method - - - 4.3.2 Non-consolidated jointly controlled partnerships - - - V. TANGIBLE ASSETS (Net) V-I-12 2,557,495 10,130 2,567,625 VI. INTANGIBLE ASSETS AND GOODWILL (Net) V-I-13 218,152 - 218,152 6.1 Goodwill - - - 6.2 Other 218,152 - 218,152 VII. INVESTMENT PROPERTIES (Net) V-I-14 - - - VIII. CURRENT TAX ASSETS - - - IX. DEFERRED TAX ASSETS V-I-15 29,776 - 29,776 X. OTHER ASSETS V-I-17 3,304,654 8,316,242 11,620,896 TOTAL ASSETS 199,820,400 131,535,241 331,355,641 Note: The prior period financial statements and related disclosures are not restated as permitted by TFRS 9 transition rules. Since, 2017 and 2018 financial statements are prepared on different principles, 2017 financial statements are presented separately. CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I. OF SECTION THREE TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND ITS FINANCIAL SUBSIDIARIES UNCONSOLIDATED BALANCE SHEET (STATEMENT OF FINANCIAL POSITION) AS AT DECEMBER 31, 2018 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)