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.) 496 Part III: Financial Highlights and Assessment of Risk Management Information on interest income received from marketable securities portfolio Current Period - December 31, 2018 TL FC Financial assets at fair value through profit or loss 14,656 487 Financial assets at fair value through other comprehensive income 976,761 74,246 Financial assets measured at amortised cost 4,648,680 375,482 Total 5,640,097 450,215 Prior Period - December 31, 2017 TL FC Financial assets held for trading 18,182 869 Financial assets where fair value change is reflected to income statement - - Financial assets available for sale 1,481,282 253,931 Investments held to maturity 1,111,569 48,705 Total 2,611,033 303,505 Information on interest income received from associates and subsidiaries Current Period - December 31, 2018 Interest Received from Associates and Subsidiaries - Prior Period - December 31, 2017 Interest Received from Associates and Subsidiaries - 2. Interest Expense Interest expense on funds borrowed Current Period - December 31, 2018 TL FC Banks 364,160 1,157,355 Central Bank of the Republic of Turkey - 1,084 Domestic Banks 259,028 77,846 Foreign Banks 105,132 1,078,425 Foreign Head Offices and Branches - - Other Institutions - 78,259 Total 364,160 1,235,614 Prior Period - December 31, 2017 TL FC Banks 192,335 594,784 Central Bank of the Republic of Turkey - 99 Domestic Banks 114,994 25,392 Foreign Banks 77,341 569,293 Foreign Head Offices and Branches - - Other Institutions - 53,953 Total 192,335 648,737