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.) 490 Part III: Financial Highlights and Assessment of Risk Management Type and amount of possible losses from off-balance sheet items Guarantees, bills of exchange and acceptances and other letters of credit which can be counted as financial collateral The Parent Bank provided specific provision amounting to TL 26,739 (December 31, 2017: TL 75,942) for non-cash loans that are not indemnified or converted to cash recorded under off-balance sheet items amounting to TL 258,210 (December 31, 2017: TL 169,355). Final guarantees, provisional guarantees, sureties and similar transactions Current Period - December 31, 2018 Final letters of guarantee 18,753,120 Letters of guarantee for advances 6,838,656 Letters of guarantee given to custom offices 1,314,771 Provisional letters of guarantee 1,913,828 Other letters of guarantee 23,132,521 Total 51,952,896 Prior Period - December 31, 2017 Final letters of guarantee 14,073,061 Letters of guarantee for advances 6,684,317 Letters of guarantee given to custom offices 1,053,872 Provisional letters of guarantee 1,180,248 Other letters of guarantee 17,179,490 Total 40,170,988 2. Non-cash loans Current Period - December 31, 2018 Non-cash loans given for cash loan risks 10,058,836 With original maturity of 1 year or less 3,334,315 With original maturity of more than 1 year 6,724,521 Other non-cash loans 55,970,161 Total 66,028,997 Prior Period - December 31, 2017 Non-cash loans given for cash loan risks 3,771,138 With original maturity of 1 year or less 1,216,243 With original maturity of more than 1 year 2,554,895 Other non-cash loans 47,552,564 Total 51,323,702