VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 451 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.) Allocation of domestic and overseas loans Current Period - December 31, 2018 Domestic loans 227,499,403 Foreign loans 1,251,076 Total 228,750,479 Prior Period - December 31, 2017 Domestic loans 184,512,099 Foreign loans 930,431 Total 185,442,530 Loans to associates and subsidiaries Current Period - December 31, 2018 Direct loans to associates and subsidiaries 85 Indirect loans to associates and subsidiaries - Total 85 Prior Period- December 31, 2017 Direct loans to associates and subsidiaries 17 Indirect loans to associates and subsidiaries - Total 17 Specific provisions accounted for loans (Stage 3) Current Period - December 31, 2018 Loans and receivables with limited collectability 712,622 Loans and receivables with doubtful collectability 1,161,870 Uncollectible loans and receivables 6,392,272 Total 8,266,764 Specific provisions for loans Prior Period - December 31, 2017 Loans and receivables with limited collectability 153,441 Loans and receivables with doubtful collectability 430,333 Uncollectible loans and receivables 6,253,158 Total 6,836,932