VKF_FRAE_2018_uyg11

328 Part III: Financial Highlights and Assessment of Risk Management Audited Current Period December 31, 2018 LIABILITIES AND EQUITY Notes TL FC Total I. DEPOSITS V-II-1 108,319,277 74,156,432 182,475,709 II. LOANS RECEIVED V-II-3 2,639,581 42,793,276 45,432,857 III. MONEY MARKET FUNDS 26,863,700 2,260,172 29,123,872 IV. MARKETABLE SECURITIES (Net) V-II-3 8,111,583 14,660,908 22,772,491 4.1 Bills 4,319,247 - 4,319,247 4.2 Asset backed securities 62,960 - 62,960 4.3. Bonds 3,729,376 14,660,908 18,390,284 V. FUNDS 3,054 - 3,054 5.1 Borrower funds - - - 5.2 Other 3,054 - 3,054 VI. FINANCIAL LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS - - - VII. DERIVATIVE FINANCIAL LIABILITIES V-II-2 2,121,617 430,631 2,552,248 7.1 Derivative financial liabilities at fair value through profit or loss 2,121,617 430,631 2,552,248 7.2 Derivative financial liabilities at fair value through other comprehensive income - - - VIII. FACTORING PAYABLES 903 - 903 IX. LEASE PAYABLES V-II-5 - - - 9.1 Finance lease payables - - - 9.2 Operating lease payables - - - 9.3 Other - - - 9.4 Deferred finance lease expenses ( - ) - - - X. PROVISIONS V-II-7 5,783,951 44,704 5,828,655 10.1 Provision for restructuring - - - 10.2 Reserves for employee benefits 1,084,477 3,641 1,088,118 10.3 Insurance technical reserves (Net) 3,428,842 18,220 3,447,062 10.4 Other provisions 1,270,632 22,843 1,293,475 XI. CURRENT TAX LIABILITIES V-II-8 855,863 1,301 857,164 XII. DEFERRED TAX LIABILITIES 31,040 681 31,721 XIII. LIABILITIES RELATED TO NON-CURRENT ASSETS “HELD FOR SALE” AND “DISCONTINUED OPERATIONS” (Net) V-II-9 1,546 - 1,546 13.1 Held for sale 1,546 - 1,546 13.2 Related to discontinued operations - - - XIV. SUBORDINATED DEBT V-II-10 5,668,121 7,353,902 13,022,023 14.1 Loans - - - 14.2 Other debt instruments 5,668,121 7,353,902 13,022,023 XV. OTHER LIABILITIES V-II-4 7,926,529 5,503,935 13,430,464 XVI. SHAREHOLDERS` EQUITY V-II-11 28,533,753 572,000 29,105,753 16.1 Paid-in capital V-II-11 2,500,000 - 2,500,000 16.2 Capital reserves 815,709 - 815,709 16.2.1 Equity share premiums 724,276 - 724,276 16.2.2 Share cancellation profits - - - 16.2.3 Other capital reserves 91,433 - 91,433 16.3 Other accumulated comprehensive income that will not be reclassified in profit or loss 1,617,926 578 1,618,504 16.4 Other accumulated comprehensive income that will be reclassified in profit or loss (126,314) 8,545 (117,769) 16.5 Profit reserves 18,123,916 327,015 18,450,931 16.5.1 Legal reserves 2,079,765 10,669 2,090,434 16.5.2 Statutory reserves 6,337 - 6,337 16.5.3 Extraordinary reserves 15,689,472 5,389 15,694,861 16.5.4 Other profit reserves 348,342 310,957 659,299 16.6 Profit or loss 4,953,281 143,423 5,096,704 16.6.1 Prior years’ profits or losses 440,987 111,439 552,426 16.6.2 Current period net profit or loss 4,512,294 31,984 4,544,278 16.7 Minority interests 649,235 92,439 741,674 TOTAL LIABILITIES AND EQUITY 196,860,518 147,777,942 344,638,460 Note: The prior period financial statements and related disclosures are not restated as permitted by TFRS 9 transition rules. Since, 2017 and 2018 financial statements are prepared on different principles, 2017 financial statements are presented separately. CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE IN NOTE I. OF SECTION THREE TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND ITS FINANCIAL SUBSIDIARIES CONSOLIDATED BALANCE SHEET (STATEMENT OF FINANCIAL POSITION) AS AT DECEMBER 31, 2018 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) The accompanying explanations and notes form an integral part of these consolidated financial statements.