VKF_FRAE_2018_uyg11

234 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.) Prior Period - December 31, 2017 Protection bought Protection sold Notionals Single-name credit default swaps 72,125 140,118 Index credit default swaps - - Total return swaps - - Credit options - - Other credit derivatives - - Total Notionals 72,125 140,118 Fair Values 7,631 24,444 Positive fair values (asset) 7,631 - Negative fair values (liability) - 24,444 Central counterparty risks Current Period - December 31, 2018 Exposure at default (post-CRM) RWA 1 Exposure to Qualified Central Counterparties (QCCPs) (total) 2,954 2 Exposures for trades at QCCPs (excluding initial margin and default fund contributions); of which 162,967 2,588 3 (i) OTC Derivatives 116,467 2,329 4 (ii) Exchange-traded Derivatives - - 5 (iii) Securities financing transactions 46,500 259 6 (iv) Netting sets where cross-product netting has been approved - - 7 Segregated initial margin - 8 Non-segregated initial margin - - 9 Pre-funded default fund contributions 150,000 366 10 Unfunded default fund contributions - - 11 Exposures to non-QCCPs (total) - 12 Exposures for trades at non-QCCPs (excluding initial margin and default fund contributions); of which - - 13 (i) OTC Derivatives - - 14 (ii) Exchange-traded Derivatives - - 15 (iii) Securities financing transactions - - 16 (iv) Netting sets where cross-product netting has been approved - - 17 Segregated initial margin - 18 Non-segregated initial margin - - 19 Pre-funded default fund contributions - - 20 Unfunded default fund contributions - -