VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 251 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.) Allocation of domestic and overseas loans Current Period- December 31, 2018 Domestic loans 221,092,951 Foreign loans 513,799 Total 221,606,750 Prior Period - December 31, 2017 Domestic loans 182,540,709 Foreign loans 391,519 Total 182,932,228 Loans to associates and subsidiaries Current Period - December 31, 2018 Direct loans to associates and subsidiaries 519,633 Indirect loans to associates and subsidiaries - Total 519,633 Prior Period - December 31, 2017 Direct loans to associates and subsidiaries 144,551 Indirect loans to associates and subsidiaries - Total 144,551 Specific provisions accounted for loans (Stage 3) Current Period - December 31, 2018 Loans and receivables with limited collectability 704,225 Loans and receivables with doubtful collectability 1,117,046 Uncollectible loans and receivables 6,198,678 Total 8,019,949 Specific provisions for loans Prior Period - December 31, 2017 Loans and receivables with limited collectability 150,730 Loans and receivables with doubtful collectability 419,518 Uncollectible loans and receivables 6,028,571 Total 6,598,819