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.) 452 Part III: Financial Highlights and Assessment of Risk Management Information on non-performing loans (Net) Information on non-performing loans and other receivables restructured or rescheduled Group III Group IV Group V Current period - December 31, 2018 Loans With Limited Collectability Loans With Doubtful Collectability Uncollectible Loans Gross Amounts Before The Reserves 96,659 196,424 228,364 Loans Which Are Restructured 96,659 196,424 228,364 Group III Group IV Group V Prior Period - December 31, 2017 Loans and receivables with limited collectability Loans and receivables with doubtful collectability Uncollectible loans and receivables (Gross amounts before the specific reserves) 80,662 118,684 135,790 Loans and other receivables which are restructured - - - Rescheduled loans and other receivables 80,662 118,684 135,790 Movements in non-performing loan groups Group III Group IV Group V Current Period - December 31, 2018 Loans With Limited Collectability Loans With Doubtful Collectability Uncollectible Loans Balance at the beginning of the period 764,052 874,268 6,304,866 Additions (+) 4,692,167 303,104 1,653,828 Transfers from other categories of loans under follow-up (+) - 3,832,145 1,867,540 Transfers to other categories of loans under follow-up (-) (*) 3,339,708 2,364,913 19,884 Collections (-) 490,322 513,419 2,403,517 Write-offs (-) - - 61,382 Sold Portfolio (-) - - - Corporate and commercial loans - - - Retail loans - - - Credit cards - - - Other - - - Currency differences - - 30,483 Balance at the end of the period 1,626,189 2,131,185 7,371,934 Provision (-) (**) 712,622 1,161,870 6,392,272 Net balance 913,567 969,315 979,662 (*) Loans that are transferred from non-performing loans to restructured loans are presented in the transfers to other categories of loans under follow-up lines.