VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 271 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.) 16. Information on assets held for sale and assets related to the discontinued operations As of December 31, 2018, the cost of property and equipment held for sale purpose and related to discontinued operations is TL 1,581,179 (31 December 2017: TL 1,340,885) and the provision for impairment is TL 15,117 (31 December 2017: TL 28,392). Vakıf Portföy Yönetimi AŞ, a subsidiary of the Bank, is excluded from the Subsidiaries account and started to be monitored in Assets Held for Sale and Assets Related to the Discontinued Operations account. The said classification is amounted to TL 52,500. 17. Information on other assets As at December 31, 2018 and December 31, 2017 other assets are as follows: Current Period - December 31, 2018 Receivables from credit card payments 1,443,032 Prepaid expenses 1,045,486 Guarantees given for repurchase agreements 32,741 Receivables from term sale of assets 72,096 Guarantees given for repurchase agreements 6,891,330 Other 2,136,211 Total 11,620,896 Prior Period - December 31, 2017 Receivables from credit card payments 1,173,158 Prepaid expenses 934,474 Guarantees given for repurchase agreements 151 Receivables from term sale of assets 11,116 Guarantees given for repurchase agreements 2,749,121 Other 1,791,006 Total 6,659,026 18. Information on expected loss provisions for financial assets Current Period - December 31, 2018 Balances with the Central Bank 328 Banks 6,232 Securities portfolio 4,447 Other Assets 23,937 Total 34,944