VKF_FRAE_2018_uyg11

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 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2018 (Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) 378 Part III: Financial Highlights and Assessment of Risk Management The Group’s largest 100 cash loan customers compose 31.93% of the total cash loan portfolio (December 31, 2017: 26.16%). The Group’s largest 100 non-cash loan customers compose 49.81% of the total non-cash loan portfolio (December 31, 2017: 52.90%). The Group’s largest 100 cash loan customers compose 20.69% of total assets of the Group and the Group’s largest 100 non-cash loan customers compose 13.56% of total off-balance sheet items (December 31, 2017: 17.27% and 16.71%). The Group’s largest 200 cash loan customers compose 39.35% of the total cash loan portfolio (December 31, 2017: 32.46). The Group’s largest 200 non-cash loan customers compose 63.22% of the total non-cash loan portfolio (December 31, 2017: 65.02%). The Group’s largest 200 cash loan customers compose 25.50% of total assets of the Group and the Bank’s largest 200 non-cash loan customers compose 17.22% of total off-balance sheet items (December 31, 2017: 21.43% and 20.54%). The amount of expected loss provisions (stage one and two) for credit risk taken by the Group is TL 3,126,095 (December 31, 2017: TL 1,885,493). Information on loan types and expected loss provisions: Commercial Loans Consumer Loans Credit Cards Total Current Period - 31 December 2018 Balance Provision Balance Provision Balance Provision Balance Provision Loans 183,835,553 8,802,865 46,292,005 1,547,102 9,752,229 879,619 239,879,787 11,229,586 Stage 1 156,325,600 1,316,734 43,289,478 146,781 8,570,846 172,727 208,185,924 1,636,242 Stage 2 18,965,858 1,239,272 1,225,674 47,707 373,023 39,601 20,564,555 1,326,580 Stage 3 8,544,095 6,246,859 1,776,853 1,352,614 808,360 667,291 11,129,308 8,266,764 Financial Assets 81,430,117 36,238 - - - - 81,430,117 36,238 Non Cash Loans and Commitments 95,699,717 158,570 - - - - 95,699,717 158,570 Stage 1 94,383,980 119,269 - - - - 94,383,980 119,269 Stage 2 943,881 7,766 - - - - 943,881 7,766 Stage 3 371,856 31,535 - - - - 371,856 31,535 Total 360,965,387 8,997,673 46,292,005 1,547,102 9,752,229 879,619 417,009,621 11,424,394