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.) 508 Part III: Financial Highlights and Assessment of Risk Management Information on cash and cash equivalents at the end of the year Current Period December 31, 2018 Current Period December 31, 2017 Cash on hand 2,345,929 1,990,874 Cash in TL 1,462,095 1,406,685 Cash in foreign currency 883,834 584,189 Cash equivalents 18,216,213 19,771,933 CBRT 29,144,389 26,277,100 Banks 6,704,108 13,323,799 Receivables from money markets 6,839 1,659,062 Other 1,001,139 388,272 Loans and advances to banks having maturity of more than 3 months (1,426,893) (639,854) Restricted cash and cash equivalents (17,182,290) (21,221,265) Unrealized foreign exchange rate differences on cash equivalents (31,079) (15,181) Total 20,562,142 21,762,807 5. Management comment on restricted cash and cash equivalents due to legal requirements or other reasons taking materiality principle into account Reserve requirements at CBRT amounting to TL 16,597,789 as at December 31, 2018 (December 31, 2017: TL 20,881,397) has not been included in cash and cash equivalents. Deposits of the Group amounting to TL 584,501 (December 31, 2017: TL 339,868) is blocked due to securitization loans and other ordinary operations of the Group. VII. INFORMATION AND DISCLOSURES RELATED TO THE PARENT BANK’S RISK GROUP 1. Information on the volume of transactions with the Parent Bank’s risk group, lending and deposits outstanding at year end and income and expenses in the current year Information on loans and other receivables held by Parent Bank’s risk group Associates and Subsidiaries and Joint-Ventures Bank’s Direct and Indirect Shareholders Other Components in Risk Group Current Period - December 31, 2018 Cash Non-Cash Cash Non-Cash Cash Non-Cash Loans and other receivables Balance at the beginning of the year 17 1,190,628 - 38,243 18,111 34,799 Balance at the end of the year 85 222,835 - 44,668 193,297 91,969 Interest and commission income - 1,351 - - 22,076 40