VKF_FRAE_2018_uyg11

304 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.) 5. Management comment on restricted cash and cash equivalents due to legal requirements or other reasons taking materiality principle into account Reserve requirements at CBRT amounting to TL 16,597,789 as at December 31, 2018 (December 31, 2017: TL 20,881,397) has not been included in cash and cash equivalents. Foreign currency bank deposits amounting to TL 584,501 (December 31, 2017: TL 339,868) is blocked and has not been included in cash and cash equivalents due to securitization loans and other ordinary banking operations of the Bank. VII. INFORMATION AND DISCLOSURES RELATED TO THE BANK’S RISK GROUP 1. Information on the volume of transactions with the Bank’s risk group, lending and deposits outstanding at period end and income and expenses in the current period Affiliates and Subsidiaries and Joint-Ventures Bank’s Direct and Indirect Shareholders Other Components in Risk Group Current Period - December 31, 2018 Cash Non-Cash Cash Non-Cash Cash Non-Cash Loans and other receivables Balance at the beginning of the year 144,551 1,441,249 - 38,243 18,110 34,799 Balance at the end of the year 519,633 606,551 - 44,668 193,297 91,969 Interest and commission income 34,930 3,376 - - 22,076 161 Affiliates and Subsidiaries and Joint-Ventures Bank’s Direct and Indirect Shareholders Other Components in Risk Group Prior Period - December 31, 2017 Cash Non-Cash Cash Non-Cash Cash Non-Cash Loans and other receivables Balance at the beginning of the year 294,757 1,205,242 - 31,720 37,507 22,446 Balance at the end of the year 144,551 1,441,249 - 38,243 18,110 34,799 Interest and commission income 17,079 2,059 - 38 964 78