VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 265 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 Measured at cost - Measured at fair value 2,213,858 Equity method of accounting - Total 2,213,858 Sectoral distribution of investments in financial subsidiaries Current Period - December 31, 2018 Banks 403,558 Insurance companies 968,850 Factoring companies 170,189 Leasing companies 145,488 Financing companies - Other financial subsidiaries 441,647 Total 2,129,732 Prior Period - December 31, 2017 Banks 362,247 Insurance companies 835,401 Factoring companies 123,551 Leasing companies 136,632 Financing companies - Other financial subsidiaries 492,307 Total 1,950,138 Quoted subsidiaries Current Period - December 31, 2018 Quoted at domestic stock exchanges 518,361 Quoted at international stock exchanges - Total 518,361 Prior Period - December 31, 2017 Quoted at domestic stock exchanges 578,891 Quoted at international stock exchanges - Total 578,891

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