VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 181 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 NOTES TO THE UNCONSOLIDATED FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED DECEMBER 31, 2018 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) Information on loan types and expected loss provisions: Commercial Loans Consumer Loans Credit Cards Total Current Period- 31 December 2018 Balance Provision Balance Provision Balance Provision Balance Provision Loans 176,378,531 8,437,834 46,279,828 1,542,937 9,752,229 879,619 232,410,588 10,860,390 Stage 1 149,895,271 1,213,634 43,287,111 146,778 8,570,846 172,727 201,753,228 1,533,139 Stage 2 18,258,122 1,220,003 1,222,377 47,698 373,023 39,601 19,853,522 1,307,302 Stage 3 8,225,138 6,004,197 1,770,340 1,348,461 808,360 667,291 10,803,838 8,019,949 Financial Assets 78,384,031 34,944 - - - - 78,384,031 34,944 Non Cash Loans and Commitments 95,699,717 158,570 - - - - 95,699,717 158,570 Stage 1 94,383,980 119,269 - - - - 94,383,980 119,269 Stage 2 943,881 7,766 - - - - 943,881 7,766 Stage 3 371,856 31,535 - - - - 371,856 31,535 Total 350,462,279 8,631,348 46,279,828 1,542,937 9,752,229 879,619 406,494,336 11,053,904 Information on expected loss provisions for loans: Current Period - 31 December 2018 Stage 1 Stage 2 Stage 3 Provision balance at the beginning (1 January 2018) 1,437,479 399,173 5,962,524 Additional provisions during the period 518,637 1,337,271 2,342,816 Disposals during the period (-) 319,682 64,920 367,199 Deleted from assets (-) (*) - 385,709 - Transfers to stage 1 37,681 (37,546) (135) Transfers to stage 2 (107,522) 122,599 (15,077) Transfers to stage 3 (33,454) (449,275) 482,729 Provision Balance at the end of the Period 1,533,139 1,307,302 8,019,949 (*) The Bank write-off the provision from 2nd level provisions amounting TL 385,709 allocated for the risk of the loan granted to Ojer Telekomünikasyon A.Ş. (OTAŞ) within the framework of syndication participation, which is done by pledging share collateral from other local and foreign banks.