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.) 486 Part III: Financial Highlights and Assessment of Risk Management Prior Period - December 31, 2017 Corporate taxes payable 323,837 Taxation on securities 160,257 Capital gains tax on property 3,493 Taxes on foreign exchange transactions - Banking and Insurance Transaction Tax (BITT) 124,488 Value added tax payable 6,100 Other 59,620 Total 677,795 Information on premiums payable Current Period - December 31, 2018 Social security premiums- employee share 1,442 Social security premiums- employer share 3,938 Bank pension fund premium- employee share - Bank pension fund premium- employer share 25 Pension fund membership fees and provisions- employee share - Pension fund membership fees and provisions- employer share 1 Unemployment insurance- employee share 1,106 Unemployment insurance- employer share 2,436 Other 14 Total 8,962 Prior Period - December 31, 2017 Social security premiums- employee share 1,407 Social security premiums- employer share 4,488 Bank pension fund premium- employee share - Bank pension fund premium- employer share 32 Pension fund membership fees and provisions- employee share - Pension fund membership fees and provisions- employer share 7 Unemployment insurance- employee share 918 Unemployment insurance- employer share 2,106 Other 50 Total 9,008 Information on deferred tax liabilities Information on deferred tax liabilities is presented in disclosure 15 of information and disclosures related to assets.