VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 205 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.) With the “Liquidity Coverage Rate” which is prepared under the framework of “Regulations Regarding Banks’ Calculations of Liquidity Coverage Rate” published by BRSA, the balance between banks’ net cash outflows and high quality liquid asset stock. Bank’s high quality liquid asset stock consists of cash and debt instruments issued by CBRT and Republic of Turkey Undersecretariat of Treasury. Whereas the Banks’ important fund sources are deposits, funds obtained from other financial institutions, marketable securities issued and funds obtained from repo transactions. Derivatives transactions with 30 or less days to maturity are included into liquidity coverage calculation with cash outflows created by the transactions as of the calculated liquidity coverage rate. In case of a liability resulting from derivatives transactions and security fulfillment liability resulting from other liabilities, actions are taken accordingly to the related regulation. Maturity analysis of assets and liabilities according to remaining maturities Current Period - December 31, 2018 Demand Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and over Undistributed (*) Total Assets: Cash and balance with CBRT 29,688,041 2,566,448 - - - - - 32,254,489 Banks 1,205,251 2,614,935 598,137 307,355 292,915 - - 5,018,593 Financial assets at fair value through profit/loss - - - - - - 71,161 71,161 Interbank money market placements - - - - - - - - Financial assets at fair value through other comprehensive income - 131,504 615,583 1,674,046 4,436,633 2,141,160 3,452 9,002,378 Loans and receivables - 21,005,225 6,473,400 40,629,883 90,699,852 59,957,949 2,780,208 221,546,517 Financial assets measured at amortized cost - 84,591 1,574,115 1,991,249 19,685,216 16,645,339 - 39,980,510 Other assets 1,645 1,629,108 23,089 482,850 3,355,283 496,031 17,493,987 23,481,993 Total assets 30,894,937 28,031,811 9,284,324 45,085,383 118,469,899 79,240,479 20,348,808 331,355,641 Liabilities: Bank deposits 397,207 5,059,670 1,394,780 212,887 - - - 7,064,544 Other deposits 35,684,559 95,819,478 29,611,534 11,079,417 148,375 - - 172,343,363 Funds borrowed - 1,218,442 3,447,166 16,725,817 13,608,934 6,349,477 - 41,349,836 Interbank money market takings - 26,100,364 674,788 - 1,656,338 292,247 - 28,723,737 Securities issued - 1,650,022 1,464,583 3,636,192 15,596,267 - - 22,347,064 Miscellaneous payables - - - - - - 7,336,224 7,336,224 Other liabilities - 1,653,260 359,144 73,478 5,510,410 4,727,220 39,867,361 52,190,873 Total liabilities 36,081,766 131,501,236 36,951,995 31,727,791 36,520,324 11,368,944 47,203,585 331,355,641 Liquidity gap (5,186,829) (103,469,425) (27,667,671) 13,357,592 81,949,575 67,871,535 (26,854,777) - Net Off Balance Sheet Position - (15,664) 108,585 394,877 2,851,166 407,765 - 3,746,729 Receivables from Derivative Financial Instruments - 10,630,781 1,407,572 3,982,511 24,324,945 16,398,541 - 56,744,350 Payables from Derivative Financial Instruments - 10,646,445 1,298,987 3,587,634 21,473,779 15,990,776 - 52,997,621 Non-cash Loans 6,553,025 1,702,845 37,419,988 11,586,221 6,765,309 1,137,888 - 65,165,276 Prior Period - December 31, 2017 Demand Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and over Undistributed (*) Total Total assets 29,780,486 29,045,026 5,809,161 34,622,640 102,528,322 56,963,879 11,822,196 270,571,710 Total liabilities 30,117,271 119,491,273 28,902,445 27,811,122 21,687,165 11,265,593 31,296,841 270,571,710 Liquidity gap (336,785) (90,446,247) (23,093,284) 6,811,518 80,841,157 45,698,286 (19,474,645) - Net Off Balance Sheet Position - 92,650 7,777 112,825 1,271,821 974,446 - 2,459,519 Receivables from Derivative Financial Instruments - 4,136,503 3,080,526 2,801,093 13,990,524 7,587,873 - 31,596,519 Payables from Derivative Financial Instruments - 4,043,853 3,072,749 2,688,268 12,718,703 6,613,427 - 29,137,000 Non-cash Loans 5,213,196 1,431,728 29,600,053 7,371,102 5,895,657 1,255,848 - 50,767,584 (*) Assets that are necessary for banking activities and that cannot be liquidated in the short-term, such as fixed assets, associates and subsidiaries, stationery, pre-paid expenses and non-performing loans and non-performing loans net-off related provision for expected loss of stage 3 are shown in this column.