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.) 494 Part III: Financial Highlights and Assessment of Risk Management Current Period - December 31, 2018 Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and Over Total Currency swaps: Purchase 9,999,599 884,162 2,067,889 241,548 - 13,193,198 Sale 7,084,492 890,248 1,965,785 202,080 - 10,142,605 Currency forwards: Purchase 289,468 299,945 761,559 23,151 - 1,374,123 Sale 288,694 298,892 759,874 23,136 - 1,370,596 Cross currency interest rate swaps: Purchase 105,600 - 556,431 8,492,044 502,138 9,656,213 Sale 47,002 - 235,455 7,575,851 415,994 8,274,302 Interest rate swaps: Purchase - - 50,000 9,243,910 14,122,244 23,416,154 Sale - - 50,000 9,243,910 14,122,244 23,416,154 Options: Purchase 334,764 50,487 830,025 - - 1,215,276 Sale 348,761 59,812 858,678 - - 1,267,251 Other trading derivatives: Purchase - 422,400 - 6,324,292 1,774,159 8,520,851 Sale 2,975,026 305,901 - 4,428,802 1,452,538 9,162,267 Total purchases 10,729,431 1,656,994 4,265,904 24,324,945 16,398,541 57,375,815 Total sales 10,743,975 1,554,853 3,869,792 21,473,779 15,990,776 53,633,175 Total 21,473,406 3,211,847 8,135,696 45,798,724 32,389,317 111,008,990 Prior Period - December 31, 2017 Up to 1 Month 1-3 Months 3-12 Months 1-5 Years 5 Years and Over Total Currency swaps: Purchase 3,321,304 3,044,756 908,460 271,380 - 7,545,900 Sale 718,359 795,056 899,832 287,826 - 2,701,073 Currency forwards: Purchase 191,078 237,194 861,239 96,150 - 1,385,661 Sale 190,999 237,075 860,677 96,086 - 1,384,837 Cross currency interest rate swaps: Purchase 264,597 37,800 303,700 6,677,071 140,118 7,423,286 Sale 161,595 25,580 303,700 6,126,870 132,682 6,750,427 Interest rate swaps: Purchase 100,000 100,000 - 4,262,921 4,017,627 8,480,548 Sale 100,000 100,000 - 4,262,921 4,017,627 8,480,548 Options: Purchase 333,265 19,141 73,700 - - 426,106 Sale 336,538 19,392 75,600 - - 431,530 Other trading derivatives: Purchase 38,820 75,600 415,800 2,683,002 3,430,128 6,643,350 Sale 2,646,434 2,316,290 326,755 1,945,000 2,463,118 9,697,597 Total purchases 4,249,064 3,514,491 2,562,899 13,990,524 7,587,873 31,904,851 Total sales 4,153,925 3,493,393 2,466,564 12,718,703 6,613,427 29,446,012 Total 8,402,989 7,007,884 5,029,463 26,709,227 14,201,300 61,350,863