VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 137 Audited Prior Period December 31, 2017 Notes TL FC Total A. OFF-BALANCE SHEET COMMITMENTS AND CONTINGENCIES (I+II+III) 80,248,423 79,578,712 159,827,135 I. GUARANTEES AND SURETIES V-III-2-4 32,109,922 18,657,662 50,767,584 1.1 Letters of guarantee 32,035,061 8,133,759 40,168,820 1.1.1 Guarantees subject to State Tender Law 3,163,898 4,099,756 7,263,654 1.1.2 Guarantees given for foreign trade operations 1,053,872 - 1,053,872 1.1.3 Other letters of guarantee 27,817,291 4,034,003 31,851,294 1.2 Bank acceptances 44,700 1,510,854 1,555,554 1.2.1 Import letter of acceptance 671 519,399 520,070 1.2.2 Other bank acceptances 44,029 991,455 1,035,484 1.3 Letters of credit 30,161 8,963,991 8,994,152 1.3.1 Documentary letters of credit 30,161 8,963,991 8,994,152 1.3.2 Other letters of credit - - - 1.4 Guaranteed pre-financings - 3,006 3,006 1.5 Endorsements - - - 1.5.1 Endorsements to the Central Bank of the Republic of Turkey - - - 1.5.2 Other endorsements - - - 1.6 Marketable securities underwriting commitments - - - 1.7 Factoring related guarantees - - - 1.8 Other guarantees - 43,996 43,996 1.9 Other sureties - 2,056 2,056 II. COMMITMENTS 31,039,233 17,286,799 48,326,032 2.1 Irrevocable commitments 27,979,658 961,190 28,940,848 2.1.1 Asset purchase commitments V-III-1 793,979 961,190 1,755,169 2.1.2 Deposit purchase and sales commitments - - - 2.1.3 Share capital commitments to associates and subsidiaries - - - 2.1.4 Loan granting commitments V-III-1 11,843,577 - 11,843,577 2.1.5 Securities issuance brokerage commitments - - - 2.1.6 Commitments for reserve deposit requirements - - - 2.1.7 Commitments for cheque payments V-III-1 2,542,741 - 2,542,741 2.1.8 Tax and fund obligations on export commitments - - - 2.1.9 Commitments for credit card limits V-III-1 10,534,862 - 10,534,862 2.1.10 Commitments for credit card and banking operations promotions 761,674 - 761,674 2.1.11 Receivables from “short” sale commitments on securities - - - 2.1.12 Payables from “short” sale commitments on securities - - - 2.1.13 Other irrevocable commitments 1,502,825 - 1,502,825 2.2 Revocable commitments 3,059,575 16,325,609 19,385,184 2.2.1 Revocable loan granting commitments 3,059,575 16,325,609 19,385,184 2.2.2 Other revocable commitments - - - III. DERIVATIVE FINANCIAL INSTRUMENTS V-III-5 17,099,268 43,634,251 60,733,519 3.1 Derivative financial instruments held for risk management - - - 3.1.1 Fair value hedges - - - 3.1.2 Cash flow hedges - - - 3.1.3 Net foreign investment hedges - - - 3.2 Trading derivatives 17,099,268 43,634,251 60,733,519 3.2.1 Forward foreign currency purchases/sales 1,152,837 1,617,661 2,770,498 3.2.1.1 Forward foreign currency purchases 576,772 808,889 1,385,661 3.2.2.2 Forward foreign currency sales 576,065 808,772 1,384,837 3.2.2 Currency and interest rate swaps 10,344,359 30,420,079 40,764,438 3.2.2.1 Currency swaps-purchases 3,297,551 11,363,303 14,660,854 3.2.2.2 Currency swaps-sales 4,706,808 4,435,680 9,142,488 3.2.2.3 Interest rate swaps-purchases 1,170,000 7,310,548 8,480,548 3.2.2.4 Interest rate swaps-sales 1,170,000 7,310,548 8,480,548 3.2.3 Currency, interest rate and security options 426,094 431,542 857,636 3.2.3.1 Currency call options 412,706 13,400 426,106 3.2.3.2 Currency put options 13,388 418,142 431,530 3.2.3.3 Interest rate call options - - - 3.2.3.4 Interest rate put options - - - 3.2.3.5 Security call options - - - 3.2.3.6 Security put options - - - 3.2.4 Currency futures - - - 3.2.4.1 Currency futures-purchases - - - 3.2.4.2 Currency futures-sales - - - 3.2.5 Interest rate futures - - - 3.2.5.1 Interest rate futures-purchases - - - 3.2.5.2 Interest rate futures-sales - - - 3.2.6 Other 5,175,978 11,164,969 16,340,947 B. CUSTODY AND PLEDGED ITEMS (IV+V+VI) 1,283,071,577 805,680,121 2,088,751,698 IV. ITEMS HELD IN CUSTODY 54,525,860 4,245,640 58,771,500 4.1 Customers’ securities held - - - 4.2 Investment securities held in custody 42,177,802 135,880 42,313,682 4.3 Checks received for collection 9,976,508 2,483,954 12,460,462 4.4 Commercial notes received for collection 1,178,205 412,078 1,590,283 4.5 Other assets received for collection 2,152 151 2,303 4.6 Assets received through public offering - - - 4.7 Other items under custody 309 76,380 76,689 4.8 Custodians 1,190,884 1,137,197 2,328,081 V. PLEDGED ITEMS 315,422,683 132,707,352 448,130,035 5.1 Securities 739,672 5,090 744,762 5.2 Guarantee notes 707,502 524,748 1,232,250 5.3 Commodities 33,014,517 759,683 33,774,200 5.4 Warranties - - - 5.5 Real estates 240,511,071 108,037,406 348,548,477 5.6 Other pledged items 39,688,651 23,254,495 62,943,146 5.7 Pledged items-depository 761,270 125,930 887,200 VI. CONFIRMED BILLS OF EXCHANGE AND SURETIES 913,123,034 668,727,129 1,581,850,163 TOTAL OFF-BALANCE SHEET ITEMS (A+B) 1,363,320,000 885,258,833 2,248,578,833 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. The accompanying explanations and notes form an integral part of these financial statements. 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 OFF-BALANCE SHEET ITEMS AS AT DECEMBER 31, 2017 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)