VKF_FRAE_2018_uyg11

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.) 226 Part III: Financial Highlights and Assessment of Risk Management Credit risk exposure and credit risk mitigation effects Current Period - December 31, 2018 Exposures before Credit Conversion Factors and CRM Exposures post- Credit Conversion Factors and CRM RWA and RWA density Asset classes On-balance sheet amount Off-balance sheet amount On-balance sheet amount Off-balance sheet amount RWA RWA 1 Exposures to central governments or central banks 97,151,847 1,476,549 104,559,929 858,056 10,481,593 9.94% 2 Exposures to regional governments or local authorities 9,531,739 714,779 9,531,739 351,798 4,939,920 49.98% 3 Exposures to public sector entities 373,161 342,073 373,161 162,563 509,284 95.06% 4 Exposures to multilateral development banks - - - - - 0.00% 5 Exposures to international organizations - - - - - 0.00% 6 Exposures to institutions 11,222,362 3,156,430 11,222,362 1,950,681 5,566,089 42.25% 7 Exposures to corporates 94,081,441 86,240,472 86,673,359 31,582,758 116,254,671 98.31% 8 Retail exposures 49,341,064 29,055,232 49,341,064 3,480,522 39,354,342 74.50% 9 Exposures secured by residential property 24,215,374 927,883 24,215,374 394,647 8,613,507 35.00% 10 Exposures secured by commercial real estate 26,166,954 3,311,817 26,166,954 2,098,293 17,522,633 61.99% 11 Past-due loans 2,780,208 - 2,780,208 - 1,784,487 64.19% 12 Higher-risk categories by the Agency Board 166,936 1,118 166,936 1,118 252,081 150.00% 13 Exposures in the form of covered bonds - - - - - 0.00% 14 Exposures to institutions and corporates with a short-term credit assessment - - - - - 0.00% 15 Exposures in the form of units or shares in collective investment undertakings (CIUs) 1,395 - 1,395 - 1,395 100.00% 16 Other assets 11,254,435 - 11,254,435 - 8,293,788 73.69% 17 Investment in equities 3,124,434 - 3,124,434 - 3,124,434 100.00% 18 Total 329,411,350 125,226,353 329,411,350 40,880,436 216,698,224 58.52% Prior Period - December 31, 2017 Exposures before Credit Conversion Factors and CRM Exposures post- Credit Conversion Factors and CRM RWA and RWA density Risk sınıfları On-balance sheet amount Off-balance sheet amount On-balance sheet amount Off-balance sheet amount RWA RWA 1 Exposures to central governments or central banks 82,907,438 1,395,677 85,877,681 802,646 5,046,770 5.82% 2 Exposures to regional governments or local authorities 6,667,600 518,181 6,667,600 241,940 3,416,740 49.45% 3 Exposures to public sector entities 301,190 311,734 301,190 137,108 424,900 96.94% 4 Exposures to multilateral development banks - 1,583 - 1,583 - - 5 Exposures to international organizations - - - - - - 6 Exposures to institutions and banks 6,234,863 2,067,023 6,234,862 1,302,306 3,338,108 44.29% 7 Exposures to corporates 66,095,260 65,127,912 63,125,018 23,100,224 84,870,828 98.43% 8 Retail exposures 46,810,704 24,689,970 46,810,704 3,212,915 37,286,782 74.54% 9 Exposures secured by residential property 22,850,866 931,214 22,850,866 420,940 8,145,132 35.00% 10 Exposures secured by commercial real estate 23,816,613 2,279,165 23,816,613 1,301,591 15,449,818 61.51% 11 Past-due loans 1,039,387 - 1,039,387 0 1,039,387 100.00% 12 Higher-risk categories by the Agency Board 212,032 15,305 212,032 8,635 331,000 150.00% 13 Exposures in the form of covered bonds - - - - - - 14 Exposures to institutions and corporates with a short-term credit assessment - - - - - - 15 Exposures in the form of units or shares in collective investment undertakings 263 - 263 - 263 100.00% 16 Other receivables 8,395,667 - 8,395,667 - 6,103,990 72.70% 17 Investments in equities 2,606,386 - 2,606,386 - 2,606,385 100.00% 18 Total 267,938,269 97,337,764 267,938,269 30,529,888 168,060,103 56.31%