VKF_FRAE_2018_uyg11

426 Part III: Financial Highlights and Assessment of Risk Management 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.) Credit Risk Exposure and Credit Risk Mitigation (CRM) Effects Current Period - December 31, 2018 Exposures before Credit Conversion Factors and CRM Exposures post- Credit Conversion Factors and CRM RWA and RWA density Asset classes On-balance sheet amount Off-balance sheet amount On-balance sheet amount Off-balance sheet amount RWA RWA 1 Exposures to central governments or central banks 99,341,255 1,476,549 106,749,337 858,056 10,803,563 10.0% 2 Exposures to regional governments or local authorities 9,531,739 714,779 9,531,739 351,798 4,939,919 50.0% 3 Exposures to public sector entities 386,355 342,073 386,355 162,563 522,478 95% 4 Exposures to multilateral development banks 24,044 - 24,044 - 24,044 100% 5 Exposures to international organizations - - - - - 0% 6 Exposures to institutions 12,604,925 3,091,257 12,604,925 1,918,095 6,174,846 43% 7 Exposures to corporates 102,001,345 87,910,198 94,593,263 32,884,167 125,200,296 98% 8 Retail exposures 50,096,351 29,055,232 50,096,351 3,480,522 39,920,317 75% 9 Exposures secured by residential property 24,221,042 927,883 24,221,042 394,647 8,615,491 35% 10 Exposures secured by commercial real estate 26,166,954 3,311,817 26,166,954 2,098,293 17,522,633 62% 11 Past-due loans 2,862,544 - 2,862,544 - 1,866,824 65% 12 Higher-risk categories by the Agency Board 166,936 1,118 166,936 1,118 252,081 150% 13 Exposures in the form of covered bonds - - - - - 0% 14 Exposures to institutions and corporates with a short-term credit assessment - - - - - 0% 15 Exposures in the form of units or shares in collective investment undertakings (CIUs) 1,395 - 1,395 - 1,395 100% 16 Other assets 14,413,521 - 14,413,521 - 11,446,717 79% 17 Investment in equities 1,198,533 - 1,198,533 - 1,198,533 100% 18 Total 343,016,939 126,830,906 343,016,939 42,149,259 228,489,137 59% Prior Period- December 31, 2017 Exposures before Credit Conversion Factors and CRM Exposures post- Credit Conversion Factors and CRM RWA and RWA density Asset classes On-balance sheet amount Off-balance sheet amount On-balance sheet amount Off-balance sheet amount RWA RWA 1 Exposures to central governments or central banks 83,964,302 1,395,677 86,934,545 802,646 5,140,577 6% 2 Exposures to regional governments or local authorities 6,667,730 518,181 6,667,730 241,940 3,416,805 49% 3 Exposures to public sector entities 301,326 311,734 301,326 137,108 425,036 97% 4 Exposures to multilateral development banks 18,032 1,583 18,032 1,583 18,032 92% 5 Exposures to international organizations - - - - - - 6 Exposures to institutions 8,266,758 1,990,510 8,266,758 1,264,050 4,260,234 45% 7 Exposures to corporates 72,362,193 66,603,953 69,391,950 23,989,142 91,627,602 98% 8 Retail exposures 47,612,387 24,689,970 47,612,387 3,212,915 37,888,045 75% 9 Exposures secured by residential property 22,850,866 931,214 22,850,866 420,940 8,145,132 35% 10 Exposures secured by commercial real estate 23,816,613 2,279,165 23,816,613 1,301,591 15,449,818 62% 11 Past-due loans 1,106,254 - 1,106,254 - 1,106,254 100% 12 Higher-risk categories by the Agency Board 274,628 15,305 274,628 8,635 487,490 172% 13 Exposures in the form of covered bonds - - - - - - 14 Exposures to institutions and corporates with a short-term credit assessment - - - - - - 15 Exposures in the form of units or shares in collective investment undertakings (CIUs) 263 - 263 - 263 - 16 Other assets 10,375,891 - 10,375,891 - 8,072,913 78% 17 Investment in equities 707,498 - 707,498 - 707,498 100% 18 Total 278,324,741 98,737,292 278,324,741 31,380,550 176,745,699 57%