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.) 474 Part III: Financial Highlights and Assessment of Risk Management Income and Expense Vakıf Portföy In Group Total net Interest Income 5,991 (5,918) 73 Interest Expenses - - - Personnel Expenses 3,714 - 3,714 Trading Income/ Losses (Net) (1) - (1) Other operating income 11,593 (5,260) 6,333 Other operating expenses 2,784 - 2,784 Provision For Taxes on Income From Continuing Operations (2,435) - (2,435) Net Profit/Loss From Continuing Operations 8,650 (11,178) (2,528) 17. Information on other asset As at December 31, 2018 and December 31, 2017, the details of other assets are as follows: Current Period - December 31, 2018 Receivables from insurance operations 1,954,650 Receivables from credit card payments 1,443,032 Prepaid expenses 1,297,047 Guarantees given for repurchase agreements 32,741 Guarantees given for derivative financial instruments 6,891,330 Receivables from term sale of assets 72,096 Receivables from reinsurance companies 53,863 Deferred commission expenses 119,251 Other 2,846,462 Total 14,710,472 Prior Period - December 31, 2017 Receivables from insurance operations 1,352,349 Receivables from credit card payments 1,173,158 Prepaid expenses 1,097,170 Guarantees given for repurchase agreements 151 Guarantees given for derivative financial instruments 2,749,121 Receivables from term sale of assets 11,116 Receivables from reinsurance companies 60,613 Deferred commission expenses 43,083 Other 2,248,364 Total 8,735,125