VKF_FRAE_2018_uyg11

290 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 Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and Over Total Currency swaps: Purchase 3,208,743 2,610,791 1,146,654 271,380 - 7,237,568 Sale 608,287 374,412 1,121,536 287,826 - 2,392,061 Currency forwards: Purchase 191,078 237,194 861,239 96,150 - 1,385,661 Sale 190,999 237,075 860,677 96,086 - 1,384,837 Cross currency interest rate swaps: Purchase 264,597 37,800 303,700 6,677,071 140,118 7,423,286 Sale 161,595 25,580 303,700 6,126,870 132,682 6,750,427 Interest rate swaps: Purchase 100,000 100,000 - 4,262,921 4,017,627 8,480,548 Sale 100,000 100,000 - 4,262,921 4,017,627 8,480,548 Options: Purchase 333,265 19,141 73,700 - - 426,106 Sale 336,538 19,392 75,600 - - 431,530 Other trading derivatives: Purchase 38,820 75,600 415,800 2,683,002 3,430,128 6,643,350 Sale 2,646,434 2,316,290 326,755 1,945,000 2,463,118 9,697,597 Total purchases 4,136,503 3,080,526 2,801,093 13,990,524 7,587,873 31,596,519 Total sales 4,043,853 3,072,749 2,688,268 12,718,703 6,613,427 29,137,000 Total 8,180,356 6,153,275 5,489,361 26,709,227 14,201,300 60,733,519 6.Contingent assets and liabilities Bank allocates TL 2,760 as provision for lawsuits against the Bank (December 31, 2017: TL 2,760). 7. Services rendered on behalf of third parties The Bank acts as an investment agent for banking transactions on behalf of its customers and provides custody services. Such transactions are followed under off-balance sheet accounts. The Bank’s custody services and banking transactions on behalf of individuals and corporate customers does not present a material portion.