VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 139 Notes Audited Prior Period January 1, 2017- December 31, 2017 I. INTEREST INCOME V-IV-1 21,444,094 1.1 Interest income from loans V-IV-1 18,262,838 1.2 Interest income from reserve deposits 221,541 1.3 Interest income from banks V-IV-1 52,638 1.4 Interest income from money market transactions 35,186 1.5 Interest income from securities portfolio V-IV-1 2,868,891 1.5.1 Trading financial assets - 1.5.2 Financial assets designated at fair value through profit or loss - 1.5.3 Available-for-sale financial assets 1,708,617 1.5.4 Held-to-maturity investments 1,160,274 1.6 Finance lease income - 1.7 Other interest income 3,000 II. INTEREST EXPENSE V-IV-2 12,822,668 2.1 Interest expense on deposits V-IV-2 9,205,081 2.2 Interest expense on funds borrowed V-IV-2 671,892 2.3 Interest expense on money market transactions 1,523,311 2.4 Interest expense on securities issued V-IV-2 1,020,139 2.5 Other interest expenses 402,245 III. NET INTEREST INCOME (I - II) 8,621,426 IV. NET FEES AND COMMISSIONS INCOME 1,330,665 4.1 Fees and commissions received 1,999,713 4.1.1 Non-cash loans 302,057 4.1.2 Others 1,697,656 4.2 Fees and commissions paid 669,048 4.2.1 Non-cash loans 130 4.2.2 Others 668,918 V. DIVIDEND INCOME V-IV-3 93,561 VI. TRADING INCOME/LOSSES (Net) V-IV-4 164,212 6.1 Trading account income/losses V-IV-4 45,149 6.2 Income/losses from derivative financial instruments V-IV-4 -26,021 6.3 Foreign exchange gains/losses V-IV-4 145,084 VII. OTHER OPERATING INCOME V-IV-5 1,673,529 VIII. TOTAL OPERATING PROFIT (III+IV+V+VI+VII) 11,883,393 IX. PROVISION FOR LOSSES ON LOANS AND OTHER RECEIVABLES (-) V-IV-6 2,787,533 X. OTHER OPERATING EXPENSES (-) V-IV-7 4,420,728 XI. NET OPERATING PROFIT/LOSS (VIII-IX-X) 4,675,132 XII. INCOME RESULTED FROM MERGERS - XIII. INCOME/LOSS FROM INVESTMENTS UNDER EQUITY ACCOUNTING - XIV. GAIN/LOSS ON NET MONETARY POSITION - XV. INCOME/LOSS FROM CONTINUING OPERATIONS BEFORE TAXES (XI+…+XIV) V-IV-8 4,675,132 XVI. CONTINUING OPERATIONS PROVISION FOR TAXES V-IV-11 (951,749) 16.1 Current tax charges V-IV-11 (792,677) 16.2 Deferred tax credits V-IV-11 (159,072) XVII. NET INCOME/LOSS AFTER TAXES FROM CONTINUING OPERATIONS (XV±XVI) V-IV-12 3,723,383 XVIII. INCOME FROM DISCONTINUED OPERATIONS - 18.1 Income from investment properties - 18.2 Income from sales of subsidiaries, affiliates and joint-ventures - 18.3 Other income from discontinued activities - XIX. EXPENSES FROM DISCONTINUED OPERATIONS(-) - 19.1 Investment property expenses - 19.2 Losses from sales of subsidiaries, affiliates and joint ventures - 19.3 Other expenses from discontinued activities - XX. INCOME/LOSS FROM DISCONTINUED OPERATIONS BEFORE TAXES(XVIII-XIX) - XXI. DISCONTINUED OPERATIONS PROVISION FOR TAXES(±) - 21.1 Current tax charge - 21.2 Deferred tax charge - XXII. NET INCOME/LOSS AFTER TAXES FROM DISCONTINUED OPERATIONS(XX±XXI) - XXIII. NET PROFIT/LOSS (XVI+XXII) V-IV-12 3,723,383 Profit/Loss per 100 shares (full TL) 1.4894 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 STATEMENT OF INCOME AS AT DECEMBER 31, 2017 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)