VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 417 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.) b) Main sources of differences between regulatory exposure amounts and carrying values in financial statements Current Period – December 31, 2018 Total Items subject to credit risk Items subject to securitisation Items subject to counterparty credit risk Items subject to market risk 1 Asset carrying value amount under scope of regulatory consolidation 344,095,563 338,994,324 - 35,939,485 294,505 2 Liabilities carrying value amount under regulatory scope of consolidation 31,092,172 - - 31,092,172 (148,413) 3 Total net amount under regulatory scope of consolidation 313,003,391 338,994,324 - 4,847,313 146,092 4 Off-balance sheet amounts - - - 5,228,916 - 5 Differences in valuations - - - - - 6 Differences due to different netting rules, other than those already included in row 2 - - - - - 7 Differences due to consideration of provisions - - - - - 8 Differences due to prudential filters - - - - - 9 Differences due to risk reduction - - - 1,414,385 - 10 Exposure amounts considered for regulatory 313,003,391 338,994,324 - 6,643,301 146,092 Prior Period - December 31, 2017 Total Items subject to credit risk Items subject to securitisation Items subject to counterparty credit risk Items subject to market risk 1 Asset carrying value amount under scope of regulatory consolidation 280,415,328 273,416,470 - 11,863,186 475,761 2 Liabilities carrying value amount under regulatory scope of consolidation 29,028,884 - - 10,338,230 (49,131) 3 Total net amount under regulatory scope of consolidation 251,386,444 273,416,470 - 1,524,956 426,630 4 Off-balance sheet amounts 133,361,088 31,380,550 - 2,750,005 - 5 Differences in valuations - - - - - 6 Differences due to different netting rules, other than those already included in row 2 - - - - - 7 Differences due to consideration of provisions - - - - - 8 Differences due to prudential filters - (4,242,235) - - - 9 Differences due to risk reduction - - - 569,987 - 10 Exposure amounts considered for regulatory 384,747,532 300,554,785 - 3,319,992 426,630 c) Explanations of differences between accounting and regulatory exposure amounts There is no significant difference between the amounts assessed pursuant to TAS and the risk amounts used within the scope of capital adequacy reported on the financial statements.