VKF_FRAE_2018_uyg11

318 Part III: Financial Highlights and Assessment of Risk Management CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR’S REPORT ORIGINALLY ISSUED IN TURKISH, SEE IN NOTE I. OF SECTION THREE TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI CONSOLIDATED FINANCIAL REPORT AS AT AND FOR THE YEAR ENDED DECEMBER 31, 2018 Address : Saray Mahallesi Dr. Adnan Büyükdeniz Caddesi No: 7/A-B 34768 Ümraniye/İSTANBUL Telephone : 0216 724 10 00 Fax : 0216 724 39 09 Electronic web site : www.vakifbank.com.tr Electronic mail address : mevzuat@vakifbank.com.tr The consolidated financial report as at and for the year ended December 31, 2018 prepared in accordance with the “Communiqué of Financial Statements and Related Disclosures and Footnotes to be Publicly Announced by Banks” as regulated by Banking Regulation and Supervision Agency, is comprised of the following sections: • GENERAL INFORMATION ABOUT THE PARENT BANK • CONSOLIDATED FINANCIAL STATEMENTS OF THE PARENT BANK • DISCLOSURES ON ACCOUNTING POLICIES APPLIED IN THE PERIOD • INFORMATION RELATED TO FINANCIAL POSITION AND RISK MANAGEMENT OF THE GROUP • DISCLOSURES AND FOOTNOTES ON CONSOLIDATED FINANCIAL STATEMENTS • OTHER DISCLOSURES • INDEPENDENT AUDITOR’S REPORT The subsidiaries and associates included in the consolidated financial report are as follows: SUBSIDIARIES ASSOCIATES JOINT-VENTURES Güneş Sigorta AŞ Kıbrıs Vakıflar Bankası Ltd. - Vakıf Emeklilik Ve Hayat AŞ Türkiye Sınai Kalkınma Bankası Aş - Vakıf Faktoring AŞ - - Vakıf Finansal Kiralama AŞ - - Vakıf Portföy Yönetimi AŞ - - Vakıf Yatırım Menkul Değerler AŞ - - Vakıfbank International AŞ - - Vakıf Gayrimenkul Yatırım Ortaklığı AŞ - - Vakıf Menkul Kıymet Yatırım Ortaklığı AŞ - - The accompanying consolidated financial statements for the year period, related disclosures and footnotes which have been independently audited, are prepared in accordance with the Regulation on Accounting Applications for Banks and Safeguarding of Documents, Turkish Accounting Standards, Turkish Financial Reporting Standards, the related statements and guidance and in compliance with the financial records of our Bank and unless otherwise stated, presented in thousands of Turkish Lira. February 26, 2019 Doç. Dr. Şahap KAVCIOĞLU Serdar TUNÇBİLEK Mehmet Emin ÖZCAN Deputy Chairman of the Board and Audit Committee Member Board and Audit Committee Member General Manager and Board Member Şuayyip İLBİLGİ Ferkan MERDAN Assistant General Manager Director of Accounting and Financial Affairs The authorized contact person for questions on this financial report: Name-Surname/Title : Burcu SÜTCÜ AKDAĞ / Manager Name-Surname/Title : Mehmet Fatih METE / Asst. Manager Phone no : +90 216 724 31 35 Phone no : +90 216 724 31 38 Fax no : +90 216 724 49 55 Fax no : +90 216 724 49 55