Loans and borrowings (Tables)

12 Months Ended

Dec. 31, 2018


	31 December 2018		31 December 2017
Non-current liabilities
Unsecured bank loans		7,244,992		6,376,981
Secured bank loans		1,862		2,368
Finance lease liabilities		—		108,164
Lease liabilities		1,026,955		—
Debt securities issued		4,845,827		1,770,482

		13,119,636		8,257,995

Current liabilities
Unsecured bank loans		3,737,393		2,643,112
Current portion of unsecured bank loans		2,544,462		1,513,425
Current portion of secured bank loans		2,318		2,022
Current portion of finance lease liabilities		—		14,556
Current portion of lease liabilities		20,156		—
Current portion of long-term debt securities issued		289,738		105,039
Debt securities issued		74,997		—
Lease liabilities		366,845		—

		7,035,909		4,278,154

Summary of Terms and Conditions of Outstanding Loans

Terms and conditions of outstanding loans are as follows:


					31 December 2018						31 December 2017
	Currency		Interest rate type		Nominal interest rate		Payment period		Carrying amount		Nominal interest Rate		Payment period		Carrying amount
Unsecured bank loans (*)		USD		Floating		Libor+2.0%-Libor+4.1%		2019-2026		4,589,157		Libor+2,0%-Libor+3,3%		2018-2020		2,880,615
Unsecured bank loans (*)		EUR		Floating		Euribor+1.2%- Euribor+3.4%		2019-2026		6,975,890		Euribor+1.2%- Euribor+2.2%		2018-2026		5,511,579
Unsecured bank loans		TL		Fixed		12.6%-25.0%		2019		873,914		11.1%-15.5%		2018-2019		1,620,391
Unsecured bank loans		UAH		Fixed		21.5%-22.5%		2019		894,511		11%-14.5%		2018		520,933
Unsecured bank loans		RMB		Fixed		5.5%		2019-2026		193,375		—		—		—
Secured bank loans (**)		BYN		Fixed		12-16%		2019-2020		4,180		12%-16%		2018-2020		4,390
Debt securities issued		USD		Fixed		5.8%		2019-2028		5,135,565		5.8%		2018-2025		1,875,521
Debt securities issued		TL		Fixed		24.5%		2019		74,997		—		—		—
Finance lease liabilities		EUR		Fixed		—		—		—		3.4%		2018-2024		116,797
Finance lease liabilities		USD		Fixed		—		—		—		22.5%		2018		41
Finance lease liabilities		TL		Fixed		—		—		—		27.5%-27.7%		2018-2020		5,882
Lease liabilities		EUR		Fixed		1.0%-7.9%		2019-2031		194,645		—		—		—
Lease liabilities		TL		Fixed		16.1%-45.0%		2019-2048		719,718		—		—		—
Lease liabilities		USD		Fixed		3.9%-10.8%		2019-2027		40,351		—		—		—
Lease liabilities		UAH		Fixed		16.6%-24.0%		2019-2067		418,390		—		—		—
Lease liabilities		BYN		Fixed		12.0%-15.0%		2019-2028		40,852		—		—		—

										20,155,545						12,536,149

(*)

Turkcell Finansman’s liabilities originated from banks abroad are subject to certain reserve requirements as obliged by Central Bank of the Republic of Turkey (CBRT). As at 31 December 2018, blocked deposit in connection with the foreign currency loans utilized by Turkcell Finansman from banks outside of Turkey amounting to TL TL 204,077 is accounted in other current assets.

(**)	Belarusian Telecom pledged its certain property, plant and equipment to secure these bank loans. Also, these bank loans are secured by the Government of the Republic of Belarus. (Note 36)