VKF_FRAE_2018_uyg11

VakıfBank Annual Report 2018 495 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.) 6. Contingent assets and liabilities Group allocates TL 13,417 as provision for lawsuits against the Group (December 31, 2017: TL 5,871). 7. Services rendered on behalf of third parties The Parent Bank acts as an investment agent for banking transactions on behalf of its customers and provides custody services. Such transactions are followed under off-balance sheet accounts. The Parent Bank’s custody services and banking transactions on behalf of individuals and corporate customers do not present a material portion. IV. INFORMATION ON DISCLOSURES RELATED TO THE CONSOLIDATED STATEMENT OF INCOME 1. Interest income Information on interest income received from loans Current Period - December 31, 2018 TL FC Short-term loans 8,560,973 436,461 Medium and long-term loans 14,395,759 4,162,635 Non-performing loans 346,695 - Premiums received from resource utilization support fund - - Total 23,303,427 4,599,096 Prior Period - December 31, 2017 TL FC Short-term loans 4,818,618 214,105 Medium and long-term loans 10,638,423 2,507,378 Non-performing loans 137,052 - Premiums received from resource utilization support fund - - Total 15,594,093 2,721,483 Information on interest income received from banks Current Period - December 31, 2018 TL FC Central Bank of the Republic of Turkey - 1,004 Domestic Banks 156,626 25,470 Foreign Banks 1,752 145,000 Foreign Head Office and Branches - - Total 158,378 171,474 Prior Period - December 31, 2017 TL FC Central Bank of the Republic of Turkey - 6 Domestic Banks 164,088 5,711 Foreign Banks 651 40,240 Foreign Head Office and Branches - - Total 164,739 45,957