VKF_FRAE_2018_uyg11

218 Part III: Financial Highlights and Assessment of Risk Management 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.) b) Main sources of differences between regulatory exposure amounts and carrying values in financial statements Current Period - December 31, 2018 Total Items subject to credit risk Items subject to securitisation Items subject to counterparty credit risk Items subject to market risk 1 Asset carrying value amount under scope of regulatory consolidation 330,970,418 326,559,709 - 35,936,810 148,414 2 Liabilities carrying value amount under regulatory scope of consolidation 30,938,133 - - 30,938,133 (148,413) 3 Total net amount under regulatory scope of consolidation 300,032,285 326,559,709 - 4,998,677 1 4 Off-balance sheet amounts - - - 5,222,424 - 5 Differences in valuations - - - - - 6 Differences due to different netting rules - - - - - 7 Differences due to consideration of provisions - - - - - 8 Differences due to prudential filters - - - - - 9 Differences due to risk reduction - - - 1,412,843 - 10 Exposure amounts considered for regulatory - 326,559,709 - 6,635,267 1 Prior Period - December 31, 2017 Total Items subject to credit risk Items subject to securitisation Items subject to counterparty credit risk Items subject to market risk 1 Asset carrying value amount under scope of regulatory consolidation 270,176,408 267,935,072 - 11,542,831 353,674 2 Liabilities carrying value amount under regulatory scope of consolidation 28,461,866 - - 10,161,298 (49,131) 3 Total net amount under regulatory scope of consolidation 241,714,542 267,935,072 - 1,381,533 304,543 4 Off-balance sheet amounts - - - 2,744,685 - 5 Differences in valuations - - - - - 6 Differences due to different netting rules - - - - - 7 Differences due to consideration of provisions - - - - - 8 Differences due to prudential filters - - - - - 9 Differences due to risk reduction - - - 568,751 - 10 Exposure amounts considered for regulatory - 267,935,072 - 3,313,436 304,543 c) Explanations of differences between accounting and regulatory exposure amounts There is no significant difference between the amounts assessed pursuant to TAS and the risk amounts used within the scope of capital adequacy reported on the financial statements.