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.) 444 Part III: Financial Highlights and Assessment of Risk Management Information on loans classified in the first and second group loans and second group loans that have been restructured Current Period - December 31, 2018 Loans and other receivables under close monitoring Agreement conditions modified Cash Loans Standard loans Loans not Subject to Restructuring Loans with Revised Contract Terms Refinance Non-specialized loans 203,397,535 13,008,000 418,422 6,509,610 Loans given to enterprises 62,713,895 4,834,907 296,800 5,601,462 Export loans 9,570,984 329,254 - - Import loans - - - - Loans given to financial sector 1,894,558 80,999 - - Consumer loans 43,289,478 934,847 27,571 263,256 Credit cards 8,570,846 302,726 70,297 - Other 77,357,774 6,525,267 23,754 644,892 Specialized lending - - - - Other receivables 4,788,389 628,523 - - Total 208,185,924 13,636,523 418,422 6,509,610 All creditors, including the Parent Bank, have agreed that the loans provided in scope of loan agreements to Ojer Telekomünikasyon A.Ş. (OTAŞ), the main shareholder of Türk Telekomünikasyon A.Ş. (Türk Telekom) shall be restructured. All creditors shall be direct or indirect partners to Levent Yapılandırma Yönetimi A.Ş., a special purpose company established in Turkish Republic, and 192,500,000,000 of A group shares, owned by OTAŞ pledged to be the warranty of current loans, which make up the 55% of issued capital of Türk Telekom, were taken over by Levent Yapılandırma Yönetimi on December 21, 2018. The Parent Bank participated in Levent Yapılandırma Yönetimi A.Ş. with a 4.2559% share. Within the scope of Türk Telekom shares being taken over by Levent Yapılandırma A.Ş. and within the framework of the relevant contracts, the Parent Bank has given a loan to Levent Yapılandırma Yönetimi A.Ş., to take over the shares that are warranty to OTAŞ loans, in the value of TL 788,795 thousand and its provision amount is TL 4,242.