This document provides the condensed consolidated financial statements of Hyundai Card Co., Ltd. and its subsidiaries for the periods ending September 30, 2016 and December 31, 2015. It includes the condensed consolidated statements of financial position, comprehensive income, changes in shareholders' equity, and cash flows. It also provides notes to the financial statements and an independent accountants' review report.

1. HYUNDAI CARD CO., LTD. AND ITS
SUBSIDIARIES
CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
AS OF SEPTEMBER 30, 2016 AND DECEMBER 31, 2015,
AND FOR THE THREE MONTHS AND NINE MONTHS ENDED
SEPTEMBER 30, 2016 AND 2015
ATTACHMENT: INDEPENDENT ACCOUNTANTS’ REVIEW REPORT
HYUNDAI CARD CO., LTD.

2. Deloitte Anjin LLC
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Independent Accountants’ Review Report
English Translation of a Report Originally Issued in Korean on November 14, 2016.
To the Shareholders and Board of Directors of
Hyundai Card Co., Ltd.:
We have reviewed the accompanying condensed consolidated financial statements of Hyundai Card Co., Ltd. and its
subsidiaries (collectively, the “Consolidated Entity”). The condensed consolidated financial statements consist of the
condensed consolidated statement of financial position as of September 30, 2016 and the related condensed
consolidated statements of comprehensive income, all expressed in Korean won, for the three months and nine
months ended September 30, 2016 and 2015, respectively, and the condensed consolidated statements of changes in
shareholders’ equity and the condensed consolidated statements of cash flows, all expressed in Korean won, for the
nine months ended September 30, 2016 and 2015, respectively, and a summary of significant accounting policies
and other explanatory information.
Management’s responsibility for the condensed consolidated financial statements
The Consolidated Entity’s management is responsible for the preparation and fair presentation of the accompanying
condensed consolidated financial statements and for such internal control as management determines is necessary to
enable the preparation of condensed consolidated financial statements that are free from material misstatement,
whether due to fraud or error.
Independent accountants’ responsibility
Our responsibility is to express a conclusion on the accompanying condensed consolidated financial statements
based on our reviews.
We conducted our reviews in accordance with standards for review of interim financial statements in the Republic
of Korea. A review is limited primarily to inquiries of company personnel and analytical procedures applied to
financial data, and this provides less assurance than an audit. We have not performed an audit, and accordingly, we
do not express an audit opinion.
Review conclusion
Based on our reviews, nothing has come to our attention that causes us to believe that the accompanying
condensed consolidated financial statements of the Consolidated Entity are not presented fairly, in all material
respects, in accordance with Korean International Financial Reporting Standards (“K-IFRS”) 1034, Interim
Financial Reporting.

3. Others
We audited the consolidated statement of financial position as of December 31, 2015, and the related consolidated
statement of comprehensive income, consolidated statement of changes in shareholders’ equity and consolidated
statement of cash flows for the year ended December 31, 2015 (not presented in the accompanying condensed
consolidated financial statements), all expressed in Korean won, in accordance with auditing standards generally
accepted in the Republic of Korea. We expressed an unqualified opinion on those consolidated financial statements
in our independent auditors’ report dated March 9, 2016. The consolidated statements of financial position as of
December 31, 2015, presented for comparative purposes in the accompanying condensed consolidated financial
statements, does not differ, in all material respects, from the audited consolidated statements of financial position as
of December 31, 2015.
November 14, 2016
Notice to Readers
This report is effective as of November 14, 2016, the accountants’ review report date. Certain subsequent events or
circumstances may have occurred between the accountants’ review report date and the time the accountants’ review
report is read. Such events or circumstances could significantly affect the condensed consolidated financial
statements and may result in modifications to the accountants’ review report.

4. HYUNDAI CARD CO., LTD. AND ITS SUBSIDIARIES
(the “Consolidated Entity”)
CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
AS OF SEPTEMBER 30, 2016 AND DECEMBER 31, 2015,
AND FOR THE THREE MONTHS AND NINE MONTHS ENDED
SEPTEMBER 30, 2016 AND 2015
The accompanying condensed consolidated financial statements, including all footnote disclosures, were
prepared by, and are the responsibility of, the management of the Consolidated Entity.
Chung, Tae Young
Chief Executive Officer
Hyundai Card Co., Ltd.

5. HYUNDAI CARD CO., LTD. AND ITS SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
AS OF SEPTEMBER 30, 2016 AND DECEMBER 31, 2015
(Unit: Korean won)
September 30, 2016 December 31, 2015
ASSETS:
CASH AND DEPOSITS (Notes 4 and 28):
Cash and cash equivalents (Note 23) ￦ 887,533,742,749 ￦ 505,742,520,609
Deposits 49,224,500,000 33,024,500,000
Total cash and deposits 936,758,242,749 538,767,020,609
SECURITIES (Notes 5 and 28):
Trading securities 871,048,875,901 459,928,214,247
Available-for-sale (“AFS”) securities 1,766,969,764 1,766,969,764
Total securities 872,815,845,665 461,695,184,011
CARD ASSETS (Notes 6, 7, 25 and 28):
Card receivables, net of present value of discounts and
deferred origination cost and fee 7,422,180,607,068 7,595,851,307,370
Allowance for doubtful accounts (76,557,988,152) (76,701,420,249)
Cash advances 843,820,959,741 827,002,888,065
Allowance for doubtful accounts (32,974,449,166) (32,867,729,319)
Card loans, net of present value of discounts 3,187,411,021,992 3,239,218,653,922
Allowance for doubtful accounts (158,715,045,456) (145,916,727,807)
Total card assets 11,185,165,106,027 11,406,586,971,982
PROPERTY, PLANT AND EQUIPMENT (Note 8):
Land 141,135,593,407 141,135,593,407
Buildings 120,343,522,887 120,401,235,857
Accumulated depreciation (13,956,478,208) (11,684,533,184)
Vehicles 2,514,088,391 2,514,088,391
Accumulated depreciation (393,048,431) (254,093,084)
Fixtures and equipment 217,445,029,115 210,311,409,618
Accumulated depreciation (146,237,190,813) (125,909,014,419)
Construction in progress 34,272,064,671 14,089,134,359
Total property, plant and equipment 355,123,581,019 350,603,820,945
OTHER ASSETS:
Other accounts receivable (Note 28) 103,669,014,501 94,824,687,899
Allowance for doubtful accounts (Notes 7 and 28) (891,575,223) (852,423,113)
Accrued revenue (Note 28) 46,768,426,588 49,401,668,393
Allowance for doubtful accounts (Notes 7 and 28) (1,328,667,396) (1,393,512,524)
Advance payments 30,667,663,075 34,200,440,607
Allowance for doubtful accounts (Note 7) (1,790,122,552) (967,357,411)
Prepaid expenses 83,649,966,183 54,889,008,962
Intangible assets (Note 9) 120,315,152,771 137,084,511,938
Derivative assets (Notes 13, 27 and 28) 18,299,685,324 39,584,012,967
Deferred income tax assets 148,783,013,753 150,197,163,343
Guarantee deposits (Notes 4 and 28) 32,809,265,869 32,466,788,202
Others 8,637,957,023 4,350,236,590
Total other assets 589,589,779,916 593,785,225,853
Total Assets ￦ 13,939,452,555,376 ￦13,351,438,223,400
(Continued)

6. HYUNDAI CARD CO., LTD. AND ITS SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (CONTINUED)
AS OF SEPTEMBER 30, 2016 AND DECEMBER 31, 2015
(Unit: Korean won)
September 30, 2016 December 31, 2015
LIABILITIES:
BORROWINGS (Notes 10 and 28):
Borrowings ￦ 1,225,000,000,000 ￦ 590,000,000,000
Debenture, net of discounts 8,263,789,806,058 8,527,883,918,633
Total borrowings 9,488,789,806,058 9,117,883,918,633
OTHER LIABILITIES:
Accounts payable (Notes 25 and 28) 924,271,335,107 889,947,477,880
Accrued expenses (Note 28) 200,833,108,651 229,197,257,098
Unearned revenue 332,640,907,367 340,303,443,944
Withholdings (Note 28) 124,675,552,984 109,477,500,291
Derivative liabilities (Notes 13, 27 and 28) 34,177,459,296 17,743,551,531
Current tax liability 25,005,366,206 24,105,439,403
Net defined benefit liability (Note 11) 43,230,323,258 23,606,248,668
Guarantee deposits received (Note 28) 10,176,277,206 9,081,139,097
Provisions (Notes 12 and 24) 102,612,183,566 96,060,138,730
Total other liabilities 1,797,622,513,641 1,739,522,196,642
Total liabilities 11,286,412,319,699 10,857,406,115,275
SHAREHOLDERS’ EQUITY:
Capital stock 802,326,430,000 802,326,430,000
Capital surplus 57,704,443,955 57,704,443,955
Accumulated other comprehensive loss (Note 22) (32,960,383,866) (38,384,103,955)
Retained earnings (Notes 14 and 15) 1,825,969,745,588 1,672,385,338,125
Total shareholders’ equity 2,653,040,235,677 2,494,032,108,125
Total Liabilities and Shareholders’ Equity ￦ 13,939,452,555,376 ￦13,351,438,223,400
(Concluded)
See accompanying notes to condensed consolidated financial statements.

7. HYUNDAI CARD CO., LTD. AND ITS SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR THE THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2016 AND 2015
(Unit: Korean won)
2016 2015
Three months
ended September 30
Nine months
ended September 30
Three months
ended September 30
Nine months
ended September 30
OPERATING REVENUE:
Card income (Notes 17 and 25) ￦ 657,671,616,648 ￦ 1,961,857,425,039 ￦636,882,823,686 ￦ 1,879,010,698,909
Interest income (Note 16) 5,344,980,067 15,351,182,004 4,235,151,233 15,111,085,459
Gain on valuation and disposal of securities 636,442,873 2,680,764,726 1,352,874,472 1,934,267,494
Dividends income 131,003,957 297,057,201 137,787,216 284,776,491
Other operating revenue (Note 18) 56,403,445,396 88,720,715,645 47,886,490,501 81,291,910,260
Total operating revenue 720,187,488,941 2,068,907,144,615 690,495,127,108 1,977,632,738,613
OPERATING EXPENSES:
Card expenses (Notes 17 and 25) 301,616,953,925 910,551,613,220 288,375,000,754 817,636,125,718
Interest expenses (Note 16) 63,511,053,153 194,522,512,627 67,181,051,842 208,006,129,465
General and administrative expenses (Notes 19 and 25) 161,453,713,022 495,527,801,831 159,926,160,406 492,612,828,428
Securitization expenses 126,274,275 361,558,035 94,094,208 274,443,415
Bad debt expenses and losses on disposal of loans
(Note 7) 54,650,914,331 175,545,628,613 61,320,961,353 167,270,016,555
Transfer to provision for unused credit limits (Note 12) 1,176,118,238 3,899,422,800 2,400,609,688 3,620,186,558
Other operating expenses (Note 18) 62,141,325,291 87,325,384,719 46,016,339,827 77,970,702,389
Total operating expenses 644,676,352,235 1,867,733,921,845 625,314,218,078 1,767,390,432,528
OPERATING INCOME 75,511,136,706 201,173,222,770 65,180,909,030 210,242,306,085
NON-OPERATING INCOME:
Gain from sale of property, plant and equipment and
intangible assets 211,979 164,149,593 26,869,145 55,687,448
Rental revenue (Note 25) 1,050,566,957 2,056,639,558 374,179,753 1,155,165,715
Miscellaneous gain 71,526,147 215,024,561 72,865,303 204,198,691
Total non-operating income 1,122,305,083 2,435,813,712 473,914,201 1,415,051,854
NON-OPERATING EXPENSES:
Donations 616,868,325 1,693,028,438 127,916,899 832,895,549
Loss from sale of property and equipment and intangible
assets 386,365 191,154,039 95,548,343 1,355,578,923
Total non-operating expenses 617,254,690 1,884,182,477 223,465,242 2,188,474,472
NET INCOME BEFORE INCOME TAX EXPENSE 76,016,187,099 201,724,854,005 65,431,357,989 209,468,883,467
INCOME TAX EXPENSE (Note 20) 17,310,103,960 48,140,446,542 13,078,474,857 46,289,130,722
NET INCOME ￦ 58,706,083,139 ￦ 153,584,407,463 ￦ 52,352,883,132 ￦ 163,179,752,745
OTHER COMPREHENSIVE INCOME (LOSS),
NET OF TAX (Note 22)
Items not reclassified subsequently to profit or loss ￦ (4,741,023,771) ￦ (5,605,819,194) ￦ (1,717,084,803) ￦ (4,697,391,739)
Remeasurements of net defined benefit liability (4,741,023,771) (5,605,819,194) (1,717,084,803) (4,697,391,739)
Items reclassified subsequently to profit or loss 16,784,936,751 11,029,539,283 (2,816,228,756) (4,342,286,636)
Cash flow hedging income (loss) 16,784,936,751 11,029,539,283 (2,816,228,756) (4,342,286,636)
Total other comprehensive income (loss) 12,043,912,980 5,423,720,089 (4,533,313,559) (9,039,678,375)
TOTAL COMPREHENSIVE INCOME ￦ 70,749,996,119 ￦ 159,008,127,552 ￦ 47,819,569,573 ￦ 154,140,074,370
EARNINGS PER SHARE (Note 21)
Basic earnings per share ￦ 366 ￦ 957 ￦ 326 ￦ 1,017
Diluted earnings per share ￦ 366 ￦ 957 ￦ 326 ￦ 1,017
See accompanying notes to condensed consolidated financial statements.

8. HYUNDAI CARD CO., LTD. AND ITS SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2016 AND 2015
(Unit: Korean won)
Capital surplus
Capital stock Paid-up capital
Other
capital
Accumulated other
comprehensive
loss
Retained
earnings Total
Balance at January 1,
2015 ￦802,326,430,000 ￦45,399,364,539 ￦12,305,079,416 ￦ (40,118,183,826) ￦1,735,468,135,715 ￦2,555,380,825,844
Payment of dividends (249,844,450,302) (249,844,450,302)
Total comprehensive
income (loss):
Net income - - - - 163,179,752,745 163,179,752,745
Other comprehensive
income (loss):
Remeasurements
of net defined
benefit liability - - - (4,697,391,739) - (4,697,391,739)
Cash flow hedging
loss - - - (4,342,286,636) - (4,342,286,636)
Balance at September
30, 2015 ￦802,326,430,000 ￦45,399,364,539 ￦12,305,079,416 ￦ (49,157,862,201) ￦1,648,803,438,158 ￦2,459,676,449,912
Balance at January 1,
2016 ￦802,326,430,000 ￦45,399,364,539 ￦12,305,079,416 ￦ (38,384,103,955) ￦1,672,385,338,125 ￦2,494,032,108,125
Total comprehensive
income (loss):
Net income - - - - 153,584,407,463 153,584,407,463
Other comprehensive
income (loss):
Remeasurements of
net defined benefit
liability - - - (5,605,819,194) - (5,605,819,194)
Cash flow hedging
income - - - 11,029,539,283 - 11,029,539,283
Balance at September
30, 2016 ￦802,326,430,000 ￦45,399,364,539 ￦12,305,079,416 ￦ (32,960,383,866) ￦1,825,969,745,588 ￦2,653,040,235,677
See accompanying notes to condensed consolidated financial statements.

9. HYUNDAI CARD CO., LTD. AND ITS SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2016 AND 2015
(Unit: Korean won)
Nine months ended
September 30, 2016
Nine months ended
September 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash generated from operating activities (Note 23) ￦ 278,892,750,294 ￦ 867,236,418,241
Interests received 15,109,942,218 16,453,255,589
Interests paid (233,470,197,805) (188,438,296,538)
Dividends received 297,057,201 284,776,491
Income taxes paid (47,551,624,470) (72,389,714,806)
Net cash provided by operating activities 13,277,927,438 623,146,438,977
CASH FLOWS FROM INVESTING ACTIVITIES:
Disposal of AFS securities 37,146,200 139,054,750
Net decrease of bank deposit - 3,750,000
Disposal of property, plant and equipment 269,685,852 397,663,240
Disposal of intangible assets 585,000,000 2,730,272
Acquisition of property, plant and equipment (33,011,809,062) (35,301,200,289)
Acquisition of intangible assets (13,577,392,691) (13,199,944,310)
Net cash used in investing activities (45,697,369,701) (47,957,946,337)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase in borrowings 1,355,000,000,000 440,000,000,000
Proceeds from issue of debentures 11,567,210,664,403 10,726,432,434,297
Repayment of borrowings (720,000,000,000) (220,000,000,000)
Repayment of debentures (11,788,000,000,000) (10,467,680,000,000)
Payment of dividends - (228,449,504,664)
Net cash provided by financing activities 414,210,664,403 250,302,929,633
NET INCREASE IN CASH AND CASH EQUIVALENTS 381,791,222,140 825,491,422,273
CASH AND CASH EQUIVALENTS AT THE
BEGINNING OF THE PERIOD 505,742,520,609 167,697,056,564
CASH AND CASH EQUIVALENTS AT THE
END OF THE PERIOD (Note 23) ￦ 887,533,742,749 ￦ 993,188,478,837
See accompanying notes to condensed consolidated financial statements.

10. HYUNDAI CARD CO., LTD. AND ITS SUBSIDIARIES
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
AS OF SEPTEMBER 30, 2016 AND DECEMBER 31, 2015, AND
FOR THE THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30, 2016 AND 2015
1. REPORTING ENTITY:
Hyundai Card Co., Ltd. (the “Company” or the “Consolidated Entity”), which is a controlling company in
accordance with Korean International Financial Reporting Standards (“K-IFRS”) 1110, Consolidated Financial
Statements, is engaged in the credit card business under the Specialized Credit Financial Business Law of
Korea, with its headquarters located at 3, Uisadang-daero, Yeongdeungpo-gu, Seoul. On June 15, 1995, the
Company acquired the credit card business of Korea Credit Circulation Co., Ltd., and on June 16, 1995, the
Korean government granted permission to the Company to engage in the credit card business. The Company
operates its business under the Specialized Credit Financial Business Act and other relevant applicable
regulations.
As of September 30, 2016, the Company has approximately 6.47 million card members; 2.36 million registered
merchants; and 126 marketing centers, branches and posts.
As of September 30, 2016, the total common stock of the Company is ￦802,326 million. The shareholders of
the Company and its ownerships as of September 30, 2016 and December 31, 2015 are as follows:
Shareholder
September 30, 2016 December 31, 2015
Number of shares
Percentage of
ownership Number of shares
Percentage of
ownership
Hyundai Motor Co., Ltd. 59,301,937 36.96 59,301,937 36.96
Kia Motors Co., Ltd. 18,422,142 11.48 18,422,142 11.48
IGE USA Investments 69,000,073 43.00 69,000,073 43.00
Hyundai Commercial Inc. 8,889,622 5.54 8,889,622 5.54
Others 4,851,512 3.02 4,851,512 3.02
Total 160,465,286 100.00 160,465,286 100.00
(1) Details of the Company’s subsidiaries as of September 30, 2016 and December 31, 2015 are as follows:
Place of
incorporation
and operation
Voting share (%) End of
reporting
periodEntities Major operation
September 30,
2016
December 31,
2015
PRIVIA 4th SPC Asset securitization Korea 0.5 0.5 December
PRIVIA 5th SPC Asset securitization Korea 0.5 0.5 December
Super Series 1st SPC Asset securitization Korea 0.5 0.5 December
Super Series 2nd SPC Asset securitization Korea 0.5 - December
Money Market Trusts Trust business Korea 100 100 -
The subsidiaries above are structured companies as voting rights and other powers do not play a major role in
determining the controlling interest.
Except for Money Market Trust, the subsidiaries were established for the Consolidated Entity’s business
activity. The Parent has the power over the subsidiaries due to the fact that the Parent involves in the objectives
and design of the subsidiaries and is exposed to risks and rewards. Also, all the decision-making processes of
the subsidiaries are operated on autopilot by provisions and articles of association. The Parent is considered to
have the ability to use power because the Parent has control over the changes in provisions and articles of
association. Therefore, the Parent includes the special-purpose entities under consolidation.
Meanwhile, in case default occurs by the subsidiaries related to derivative contracts hedging risks arising from
debentures issued for asset securitization, counterparties of the derivative contracts can claim for
reimbursement from the Parent.

11. - 2 -
2. BASIS OF CONDENSED CONSOLIDATED FINANCIAL STATEMENTS PREPARATION AND
SIGNIFICANT ACCOUNTING POLICIES:
(1) Basis of condensed consolidated financial statements preparation
The Consolidated Entity’s condensed consolidated financial statements as of September 30, 2016 and
December 31, 2015, and for the nine months ended September 30, 2016 and 2015, are prepared in accordance
with K-IFRS 1034, Interim Financial Reporting. It is necessary to use the annual consolidated financial
statements as of and for the year ended December 31, 2015, for the understanding of the accompanying interim
consolidated financial statements.
The Consolidated Entity’s accounting policies applied for the accompanying interim condensed consolidated
financial statements are the same as the policies applied for the preparation of consolidated financial statements
as of and for the year ended December 31, 2015, except for the effects from the introduction of new and revised
accounting standards or interpretations as described below.
1) The Consolidated Entity has newly adopted the following new standards and interpretations that affected
the Consolidated Entity’s accounting policies
Amendments to K-IFRS 1001 – Presentation of Financial Statements
The amendments to K-IFRS 1001 clarify the concept of applying materiality in practice and restrict an entity
reducing the understandability of its financial statements by obscuring material information with immaterial
information or by aggregating material items that have different natures or functions. The adoption of the
amendment has no significant impact on the Consolidated Entity’s condensed consolidated financial statements.
Amendments to K-IFRS 1016: property, plant and equipment
The amendments to K-IFRS 1016 prohibit entities from using a revenue-based depreciation method for items
of property, plant and equipment. The adoption of the amendment has no significant impact on the
Consolidated Entity’s condensed consolidated financial statements.
Amendments to K-IFRS 1038: Intangible Assets
The amendments to K-IFRS 1038 clarified that the use of revenue-based methods to calculate the amortization
of an asset is not appropriate, unless the consumption of the expected future economic benefits is embodied in
the asset. The adoption of the amendment has no significant impact on the Consolidated Entity’s condensed
consolidated financial statements.
Amendments to K-IFRS 1110 – Consolidated Financial Statements, K-IFRS 1112 Disclosure of interests in
other entities and K-IFRS 1028 Investment in associates
The amendments clarify that in applying the equity method of accounting to an associate or a joint venture that
is an investment entity, an investor may retain the fair value measurements that the associate or joint venture
used for its subsidiaries. The adoption of the amendment has no significant impact on the Consolidated Entity’s
condensed consolidated financial statements.
Amendments to K-IFRS 1111: Accounting for Acquisitions of Interests in Joint Operations
The amendments to K-IFRS 1111 provide guidance on how to account for the acquisition of an interest in a
joint operation in which the activities constitute a business, as defined in K-IFRS 1103 Business
Combinations. Specifically, the amendments state that the relevant principles on accounting for business
combinations in K-IFRS 1103 and other standards should be applied. The same requirements should be
applied to the formation of a joint operation if, and only if, an existing business is contributed to the joint
operation by one of the parties that participate in the joint operation. A joint operator is also required to
disclose the relevant information required by K-IFRS 1103 and other standards for business combinations.
The adoption of the amendment has no significant impact on the Consolidated Entity’s condensed
consolidated financial statements.

12. - 3 -
Annual Improvements to K-IFRS 2012-2014 cycle
The annual improvements include amendments to a number of K-IFRSs. The amendments introduce specific
guidance in K-IFRS 1105 Non-current Assets Held for Sale and Discontinued Operations when an entity
reclassifies an asset (or disposal group) from held for sale to held for distribution to owners (or vice versa);
such a change is considered as a continuation of the original plan of disposal, and not as a change in a plan of
sale. Other amendments to the annual improvements include K-IFRS 1107 Financial Instruments: Disclosures,
K-IFRS 1019 Employee Benefits and K-IFRS 1034 Interim Financial Reporting. The adoption of the
amendment has no significant impact on the Consolidated Entity’s condensed consolidated financial statements.
2) The Consolidated Entity has not applied the following K-IFRSs that have been issued, but are not yet
effective:
Amendments to K-IFRS 1109 – Financial Instruments
The amendments to K-IFRS 1109 contain the requirements for the classification and measurement of financial
assets and financial liabilities based on a business model whose objective is achieved both by collecting
contractual cash flows and selling financial assets and based on the contractual terms that give rise on specified
dates to cash flows, impairment methodology based on the expected credit losses, broadened types of
instruments that qualify as hedging instruments, the types of risk components of non-financial items that are
eligible for hedge accounting and the change in the hedge effectiveness test. The amendments are effective for
annual periods beginning on or after January 1, 2018.
Amendments to K-IFRS 1115 – Revenue from Contracts with Customers
The core principle under K-IFRS 1115 is that an entity should recognize revenue to depict the transfer of
promised goods or services to customers in an amount that reflects the consideration to which the entity expects
to be entitled in exchange for those goods or services. The amendments introduce a five-step approach to
revenue recognition and measurement: 1) Identify the contract with a customer, 2) Identify the performance
obligations in the contract, 3) Determine the transaction price, 4) Allocate the transaction price to the
performance obligations in the contract and 5) Recognize revenue when (or as) the entity satisfies a
performance obligation. This standard will supersede K-IFRS 1011 - Construction Contracts, K-IFRS 1018-
Revenue, K-IFRS 2113 - Customer Loyalty Program, K-IFRS 2115-Agreements for the Construction of Real
Estate, K-IFRS 2118 - Transfers of Assets from Customers and K-IFRS 2031-Revenue-Barter Transactions
Involving Advertising Services. The amendments are effective for annual periods beginning on or after January
1, 2018.
3. SIGNIFICANT ACCOUNTING ESTIMATES AND ASSUMPTIONS:
In the preparation of the Consolidated Entity’s condensed consolidated financial statements, management is
required to make judgments, estimates and assumptions that affect assets, liabilities, revenue and expenses.
Actual results may differ from those estimates.
The significant judgments that management has made about the application of the Consolidated Entity’s
accounting policies and key sources of estimation uncertainty do not differ from those used in preparing the
consolidated financial statements as of and for the year ended December 31, 2015.

13. - 4 -
4. RESTRICTED FINANCIAL ASSETS:
Details of restricted financial assets as of September 30, 2016 and December 31, 2015 are as follows (Unit:
Korean won in millions):
Type Entity
September 30,
2016
December 31,
2015 Restriction
Cash and deposits KB Bank and others ￦ 18 ￦ 18 Guarantee deposits for overdraft
Shinhan Bank and others 30,300 33,000 Secured deposits
Citibank 22,070 14,400
Deposits related to securitization
Mirae Asset Securities 7 7 Social enterprise fund
Other assets Korea Asset Management
Corporation 6,995 6,995 Escrow account
￦ 59,390 ￦ 54,420
5. SECURITIES:
Securities as of September 30, 2016 and December 31 2015 are as follows (Unit: Korean won in millions):
September 30, 2016 December 31, 2015
Trading:
Debt securities ￦ 779,036 ￦ 399,928
Equity securities 92,013 60,000
Subtotal 871,049 459,928
Financial assets AFS:
Unlisted shares investment 1,767 1,767
Total ￦ 872,816 ￦ 461,695
6. CARD ASSETS:
Details of card assets by customers as of September 30, 2016 and December 31, 2015 are as follows (Unit:
Korean won in millions):
September 30, 2016
Principal
Deferred origination
cost and fee
Present value of
discounts
Allowance for
doubtful accounts Book value
Card receivables:
Households ￦ 6,886,209 ￦ (12,017) ￦ (6,718) ￦ (71,204) ￦ 6,796,270
Corporates 554,707 - - (5,354) 549,353
Cash advances:
Households 843,821 - - (32,975) 810,846
Card loans:
Households 3,188,149 - (738) (158,715) 3,028,696
Total ￦ 11,472,886 ￦ (12,017) ￦ (7,456) ￦ (268,248) ￦ 11,185,165
December 31, 2015
Principal
Deferred origination
cost and fee
Present value of
discounts
Allowance for
doubtful accounts Book value
Card receivables:
Households ￦ 7,069,322 ￦ (8,643) ￦ (7,434) ￦ (72,107) ￦ 6,981,138
Corporates 542,606 - - (4,594) 538,012
Cash advances:
Households 827,003 - - (32,868) 794,135
Card loans:
Households 3,240,008 - (789) (145,917) 3,093,302
Total ￦ 11,678,939 ￦ (8,643) ￦ (8,223) ￦ (255,486) ￦ 11,406,587

14. - 5 -
7. ALLOWANCE FOR DOUBTFUL ACCOUNTS:
Changes in the allowance for doubtful accounts for the nine months ended September 30, 2016 and 2015 are as
follows (Unit: Korean won in millions):
Nine months ended September 30, 2016
Card receivables Card advances Card loans Other assets Total
Beginning balance ￦ 76,701 ￦ 32,868 ￦ 145,917 ￦ 3,213 ￦ 258,699
Bad debt expenses (507) (207) (359) - (1,073)
Bad debt recovered 325 466 185 - 976
Disposition and repurchase (17,672) (10,235) (18,204) - (46,111)
Transfer of allowance for
doubtful accounts 17,711 10,083 31,176 797 59,767
Ending balance ￦ 76,558 ￦ 32,975 ￦ 158,715 ￦ 4,010 ￦ 272,258
Nine months ended September 30, 2015
Card receivables Card advances Card loans Other assets Total
Beginning balance ￦ 71,522 ￦ 30,078 ￦ 134,240 ￦ 2,610 ￦ 238,450
Bad debt expenses (1,154) (156) (388) - (1,698)
Bad debt recovered 443 600 219 - 1,262
Disposition and repurchase (17,509) (10,201) (21,205) - (48,915)
Transfer of allowance for
doubtful accounts 16,171 9,328 25,997 510 52,006
Ending balance ￦ 69,473 ￦ 29,649 ￦ 138,863 ￦ 3,120 ￦ 241,105
8. PROPERTY, PLANT AND EQUIPMENT:
Changes in book value of property, plant and equipment for the nine months ended September 30, 2016 and
2015 are as follows (Unit: Korean won in millions):
Nine months ended September 30, 2016
Beginning
balance Acquisition Reclassification Disposal Depreciation
Ending
balance
Land ￦ 141,136 ￦ - ￦ - ￦ - ￦ - ￦ 141,136
Buildings 108,717 - - (58) (2,272) 106,387
Vehicles 2,260 - - - (139) 2,121
Fixtures and equipment 84,402 9,432 2,491 (1,340) (23,777) 71,208
Construction in progress 14,089 23,594 (3,411)) - - 34,272
Total ￦ 350,604 ￦ 33,026 ￦ (920)) ￦ (1,398) ￦ (26,188) ￦ 355,124
Nine months ended September 30, 2015
Beginning
balance Acquisition Reclassification Disposal Depreciation
Ending
balance
Land ￦ 138,257 ￦ 762 ￦ - ￦ - ￦ - ￦ 139,019
Buildings 104,474 5,475 248 (842) (2,153) 107,202
Vehicles 2,464 - - (16) (142) 2,306
Fixtures and equipment 87,855 10,849 (11,256) (840) (23,547) 63,061
Construction in progress 23,380 14,201 (12,164) - - 25,417
Total ￦ 356,430 ￦ 31,287 ￦ (23,172) ￦ (1,698) ￦ (25,842) ￦ 337,005

15. - 6 -
9. INTANGIBLE ASSETS:
Changes in intangible assets for the nine months ended September 30, 2016 and 2015 are as follows (Unit:
Korean won in millions):
Nine months ended September 30, 2016
Beginning
balance Acquisition Reclassification Disposal Amortization
Ending
balance
Development cost ￦ 86,046 ￦ 6,063 ￦ 3,034 ￦ (35) ￦ (20,609) ￦ 74,499
Software 24,079 1,307 261 - (6,125) 19,522
Membership 20,623 149 - (600) - 20,022
Construction in progress 4,847 3,659 (3,298) - - 5,208
Others 1,490 - - - (576) 914
Total ￦ 137,085 ￦ 11,178 ￦ (3) ￦ (635) ￦ (27,310) ￦ 120,315
Nine months ended September 30, 2015
Beginning
balance Acquisition Reclassification Disposal Amortization
Ending
balance
Development cost ￦ 98,710 ￦ 7,002 ￦ 3,348 ￦ (3) ￦ (21,523) ￦ 87,534
Software - 390 23,570 - (630) 23,330
Membership 20,614 - - - - 20,614
Construction in progress 11,144 5,072 (3,813) - - 12,403
Others 3,199 - - - (1,363) 1,836
Total ￦ 133,667 ￦ 12,464 ￦ 23,105 ￦ (3) ￦ (23,516) ￦ 145,717
10. BORROWINGS:
(1) Details of borrowings as of September 30, 2016 and December 31, 2015 are as follows (Unit: Korean won
in millions):
Lenders
Annual interest
rate (%)
September 30,
2016
December 31,
2015
Short-term borrowings:
Commercial paper KTB Securities and 3 others 1.64 - 1.99 ￦ 120,000 ￦ 240,000
Borrowings KB Bank and 8 others 2.27 - 2.82 385,000 300,000
Subtotal 505,000 540,000
Current portion of long-
term borrowings:
Borrowings KB Bank 2.68 10,000 50,000
Long-term borrowings:
Commercial paper KTB Securities and 3 others 1.62 - 1.89 550,000 -
Borrowings Woori Bank and 2 others 2.66 - 2.73 160,000 -
Subtotal 710,000 -
Total ￦ 1,225,000 ￦ 590,000

16. - 7 -
(2) Details of debentures as of September 30, 2016 and December 31, 2015 are as follows (Unit: Korean won
in millions):
Annual
interest rates (%) Maturity
September 30,
2016
December 31,
2015
Short-term debentures 2.00 - 2.04 2016.12.01 - 2016.12.02 ￦ 80,000 ￦ 210,000
Current portion of long-term
debentures 1.67 - 4.93 2016.10.07 - 2017.09.22 3,175,927 1,770,000
Long-term debentures 1.45 - 5.50 2017.10.02 - 2026.09.26 5,014,520 6,557,680
Subtotal 8,270,447 8,537,680
Discounts on debenture (6,657) (9,796)
Debenture, net ￦ 8,263,790 ￦ 8,527,884
The outstanding debenture is non-guaranteed corporate bonds, with their principals to be redeemed by
installment or at maturity. Bond issuance costs are recorded as discounts on debenture and amortized using the
effective interest rate method.
11. RETIREMENT BENEFIT PLAN:
(1) Defined contribution plan
The expenses recognized in the condensed consolidated statements of comprehensive income related to
postemployment benefit plan under the defined contribution plan for the nine months ended September 30,
2016 and 2015 are as follows (Unit: Korean won in millions):
Nine months ended September 30
2016 2015
Defined contribution plan ￦ 115 ￦ 58
(2) Net defined benefit liability
Details of net defined benefit liability as of September 30, 2016 and December 31, 2015 are as follows (Unit:
Korean won in millions):
September 30, 2016 December 31, 2015
Net defined benefit liability ￦ 38,085 ￦ 19,199
Long-term employee benefit 5,145 4,407
Total ￦ 43,230 ￦ 23,606
(3) Defined Benefit Plan
1) General
The Consolidated Entity for qualified employees operates a defined benefit plan that is linked to the final
three-month average benefits and continuous service year, etc. Plan assets mainly consist of deposits and are
exposed to risk of fall in interest rate.

17. - 8 -
2) Net defined benefit obligation
Changes in present value of net defined benefit obligation for the nine months ended September 30, 2016 and
2015 are as follows (Unit: Korean won in millions):
Nine months ended September 30, 2016
Present value of
defined benefit
obligation Plan assets
National Pension
Fund
Net defined benefit
obligation
Beginning balance ￦ 81,458 ￦ (62,238) ￦ (21) ￦ 19,199
Current service cost 10,708 - - 10,708
Interest expense (income) 1,505 (1,114) - 391
Return on plan assets,
excluding amounts
included in interest
income above - 230 - 230
Actuarial gains and losses
from changes in financial
assumptions 9,332 - - 9,332
Actuarial gains and losses
from adjustment of
experiences (2,197) - - (2,197)
Transfer of employees
between the affiliated
companies and its related
companies 324 (416) 5 (87)
Benefits paid (5,683) 6,192 - 509
Ending balance ￦ 95,447 ￦ (57,346) ￦ (16) ￦ 38,085
Nine months ended September 30, 2015
Present value of the
defined benefit
obligation Plan assets
National Pension
Fund
Net defined benefit
obligation
Beginning balance ￦ 69,739 ￦ (53,378) ￦ (29) ￦ 16,332
Current service cost 10,202 - - 10,202
Interest expense (income) 1,406 (1,033) - 373
Return on plan assets,
excluding amounts
included in interest
income above - 138 - 138
Actuarial gains and losses
from changes in
demographic assumptions 5 - - 5
Actuarial gains and losses
from changes in financial
assumptions 3,704 - - 3,704
Actuarial gains and losses
from adjustment of
experiences 2,300 - - 2,300
Transfer of employees
between the consolidated
entity and its related
companies (296) 194 (1) (103)
Benefits paid (3,835) 3,323 8 (504)
Ending balance ￦ 83,225 ￦ (50,756) ￦ (22) ￦ 32,447

18. - 9 -
(4) Long-Term Employee Benefits
Changes in present value of long-term employee benefits liability for the nine months ended September 30,
2016 and 2015 are as follows (Unit: Korean won in millions):
Nine months ended September 30
2016 2015
Beginning balance ￦ 4,407 ￦ 3,553
Current service cost 401 334
Interest cost 89 81
Actuarial gains and losses 409 247
Benefits paid (161) (141)
Ending balance ￦ 5,145 ￦ 4,074
12. PROVISIONS:
Changes in provisions for the nine months ended September 30, 2016 and 2015 are as follows (Unit: Korean
won in millions):
Nine months ended September 30, 2016
Unused
commitment Point
Asset retirement
obligation Others Total
Beginning balance ￦ 53,088 ￦ 28,489 ￦ 6,336 ￦ 8,147 ￦ 96,060
Transfer (reversal) 3,900 (4,973) (734) 7,400 5,593
Other - - 959 - 959
Ending balance ￦ 56,988 ￦ 23,516 ￦ 6,561 ￦ 15,547 ￦ 102,612
Nine months ended September 30, 2015
Unused
commitment Point
Asset retirement
obligation Others Total
Beginning balance ￦ 45,889 ￦ 22,744 ￦ 5,537 ￦ 9,385 ￦ 83,555
Transfer (reversal) 3,620 6,471 (836) (1,235) 8,020
Other - - 1,635 - 1,635
Ending balance ￦ 49,509 ￦ 29,215 ￦ 6,336 ￦ 8,150 ￦ 93,210
Other provisions include provision for deposits in escrow account and for pending litigations amounting to
￦2,233 million and ￦5,914 million, respectively, as of September 30, 2016. Also, provision for pending litigations
includes the provision related to deposits in escrow account amounting to ￦4,467 million. (see Note 24).
13. DERIVATIVES AND HEDGE ACCOUNTING:
(1) There are no derivative instruments held for trading as of September 30, 2016 and December 31, 2015.
(2) Cash flow hedge
The Consolidated Entity removes the volatility risk of future cash flow of a hedged item, such as borrowings,
caused by changes in market interest rates or in foreign currency rates by using derivative instruments, such
as an interest rate swap or currency swap. The Consolidated Entity’s policies and strategies of cash flow
hedge are the same as those as of December 31, 2015.

19. - 10 -
1) Fair values of cash flow hedge as of September 30, 2016 and December 31, 2015 are as follows (Unit:
Korean won in millions):
September 30, 2016
Unsettled
contract amount Assets Liabilities
Accumulated other
comprehensive
loss (*1)
Interest rate swap ￦ 1,395,000 ￦ 74 ￦ 15,566 ￦ (11,777)
Cross-currency swap 756,447 18,226 18,611 5,665
Total ￦ 2,151,447 ￦ 18,300 ￦ 34,177 ￦ (6,112)
December 31, 2015
Unsettled
contract amount Assets Liabilities
Accumulated other
comprehensive
loss (*1)
Interest rate swap ￦ 1,175,000 ￦ 21 ￦ 17,744 ￦ (13,469)
Cross-currency swap 808,680 39,563 - (3,673)
Total ￦ 1,983,680 ￦ 39,584 ￦ 17,744 ￦ (17,142)
(*1) After the effect of corporate income taxes
For transactions between local and foreign currencies, the unsettled contract amount of transaction is translated
by applying the basic foreign exchange rate at the end of reporting period to the contract amount in foreign
currencies. For transactions between foreign currencies and other foreign currencies, the unsettled contract
amount is the amounts translated by applying the basic foreign exchange rate at the end of reporting period to
the contract amount in foreign currencies purchased.
2) The maximum period for the Consolidated Entity exposed to the variability in future cash flows arising
from derivatives designated as cash flow hedges is expected to be until June 21, 2021. Meanwhile, there is
no ineffective portion recognized related to cash flow hedge for the nine months ended September 30,
2016 and 2015.
14. PLANNED RESERVES FOR BAD LOANS:
(1) Details of planned reserves for bad loans as of September 30, 2016 and December 31, 2015 are as follows
(Unit: Korean won in millions):
September 30, 2016 December 31, 2015
Accumulated reserve for bad loans ￦ 640,026 ￦ 666,023
Transfer (reversal) to planned reserve for bad loans 17,383 (25,997)
Reserve for bad loans ￦ 657,409 ￦ 640,026
(2) Reversal to planned reserve for bad loans and net income after the reserve provided for the nine months
ended September 30, 2016 and 2015 are as follows (Unit: Korean won in millions, except for earnings per
share):
Nine months ended September 30
2016 2015
Net income ￦ 153,584 ￦ 163,180
Transfer to planned reserve for bad loans 17,383 22,057
Net income after the planned reserve provided 136,201 141,123
Earnings per share after the planned reserve provided(*1) 849 879
(*1) Unit: Korean won

20. - 11 -
15. RETAINED EARNINGS:
(1) Details of retained earnings as of September 30, 2016 and December 31, 2015 are as follows (Unit: Korean
won in millions):
September 30, 2016 December 31, 2015
Legal reserve (*1) ￦ 45,127 ￦ 20,143
Planned reserve for bad loans (Note 14) 640,026 666,023
Unappropriated retained earnings 1,140,817 986,219
Total ￦ 1,825,970 ￦ 1,672,385
(*1) Korean Commercial Code requires a Consolidated Entity to appropriate at least 10% of dividends
paid as legal reserve for each fiscal period, until the reserve equals 50% of paid-up capital. This
reserve is not available for payment of cash dividends; however, it can be used to reduce deficit or be
transferred to capital.
(2) Changes in retained earnings for the nine months ended September 30, 2016 and 2015 are as follows (Unit:
Korean won in millions):
Nine months ended September 30
2016 2015
Beginning balance ￦ 1,672,385 ￦ 1,735,468
Net income 153,585 163,180
Payment of dividends - (249,845)
Ending balance ￦ 1,825,970 ￦ 1,648,803
(3) Details of the dividends payment by the Consolidated Entity for the nine months ended September 30, 2015
are as follow:
Type
Number of total
outstanding shares
Number of shares
for dividends payment
Dividends
per shares(*1)
Total amount of
dividends (*2)
Common stocks 160,465,286 shares 160,465,286 shares ￦ 1,557 ￦ 249,845
(*1) Unit: Korean won
(*2) Unit: Korean won in millions
16. NET INTEREST EXPENSE:
Net interest expense from financial instruments for the three months and nine months ended September 30,
2016 and 2015 is as follows (Unit: Korean won in millions):
2016 2015
Three months
ended September 30
Nine months
ended September 30
Three months
ended September 30
Nine months
ended September 30
Interest income
Cash and deposits ￦ 5,101 ￦ 14,658 ￦ 3,987 ￦ 14,034
Others 244 693 248 1,077
Total 5,345 15,351 4,235 15,111
Interest expenses
Borrowings 6,378 16,321 1,951 6,034
Debentures 57,100 178,102 65,127 201,887
Others 33 100 103 85
Total 63,511 194,523 67,181 208,006
Net interest expenses ￦ (58,166) ￦ (179,172) ￦ (62,946) ￦ (192,895)

21. - 12 -
17. NET COMMISSION INCOME:
Net commission income from financial instruments for the three months and nine months ended September 30,
2016 and 2015 is as follows (Unit: Korean won in millions):
2016 2015
Three months
ended September 30
Nine months
ended September 30
Three months
ended September 30
Nine months
ended September 30
Commission income
Card income ￦ 405,907 ￦ 1,224,030 ￦ 402,223 ￦ 1,169,815
Total 405,907 1,224,030 402,223 1,169,815
Commission expenses
Service fee 148,848 446,823 142,035 405,718
Financial payment fee 2,128 6,516 2,285 6,924
Handling fee relating to
credit purchase 39,985 116,119 36,254 111,425
Overseas payment fee 12,364 36,536 11,771 33,032
Other 9,294 29,711 11,328 33,468
Total 212,619 635,705 203,673 590,567
Net commission income ￦ 193,288 ￦ 588,325 ￦ 198,550 ￦ 579,248
18. OTHER OPERATING REVENUE AND EXPENSES:
Other operating revenue and other operating expenses for the three months and nine months ended
September 30, 2016 and 2015 are as follows (Unit: Korean won in millions):
2016 2015
Three months
ended September 30
Nine months
ended September 30
Three months
ended September 30
Nine months
ended September 30
Other operating revenue
Foreign exchange gain ￦ 4,615 ￦ 13,699 ￦ 3,988 ￦ 11,147
Foreign currency translation gain 47,196 52,233 - -
Gain on transaction of derivatives - - 4,474 6,127
Gain on valuation of derivatives - - 35,756 44,637
Others 4,592 22,789 3,668 19,381
Total ￦ 56,403 ￦ 88,721 ￦ 47,886 ￦ 81,292
Other operating expenses
Foreign exchange loss ￦ 1,534 ￦ 5,124 ￦ 5,908 ￦ 10,138
Foreign currency translation loss - - 35,756 44,637
Loss on valuation of derivatives 47,196 52,233 - -
Others 13,411 29,968 4,352 23,196
Total ￦ 62,141 ￦ 87,325 ￦ 46,016 ￦ 77,971

22. - 13 -
19. GENERAL AND ADMINISTRATIVE EXPENSES:
Details of general and administrative expenses for the three months and nine months ended September 30,
2016 and 2015 are as follows (Unit: Korean won in millions):
2016 2015
Three months
ended September 30
Nine months
ended September 30
Three months
ended September 30
Nine months
ended September 30
Salaries and wages ￦ 39,342 ￦ 116,107 ￦ 41,784 ￦ 130,574
Pension expenses 3,716 12,389 4,290 13,001
Employee benefits 5,979 19,640 6,367 19,472
Travel expenses 530 1,899 587 1,789
Communication expenses 10,334 26,500 8,751 25,438
Posts expenses 3,954 11,349 4,230 13,788
Rental expenses 6,900 19,476 5,949 18,590
Taxes dues 4,609 14,503 4,836 13,848
Repair and maintenance expenses 313 1,141 285 709
Insurance premiums 98 216 77 188
Entertainment expenses 138 328 147 475
Advertising expenses 6,773 33,940 7,572 23,120
Supplies 655 1,903 1,071 2,796
Vehicle maintenance expenses 2 9 3 9
Periodicals expenses 93 271 47 170
Publication expenses 1,417 4,832 2,356 6,836
Training expenses 1,324 3,338 1,130 3,630
Electronic data processing
expenses 11,086 33,427 11,013 31,037
Expense for temporary staff 1,250 4,029 2,216 6,344
Professional service expenses 34,520 103,303 32,124 98,307
Delivery commission 331 1,001 366 1,206
Commission expenses 7,024 22,517 6,930 21,564
Business activities expenses 861 2,215 750 2,208
Depreciation expenses 8,646 26,188 6,134 25,842
Amortization expenses 8,963 27,310 8,299 23,516
Event expenses 277 1,053 389 1,924
Conference expenses 111 288 89 274
Building administrative expenses 2,208 6,356 2,134 5,958
Total ￦ 161,454 ￦ 495,528 ￦ 159,926 ￦ 492,613
20. INCOME TAX EXPENSES:
(1) Income tax expenses for the nine months ended September 30, 2016 and 2015 are as follows (Unit: Korean
won in millions):
Nine months ended September 30
2016 2015
Income tax currently payable ￦ 48,451 ￦ 45,228
Changes in deferred income tax assets 1,414 (1,723)
Changes in income tax expense reflected directly in
shareholders’ equity (1,725) 2,784
Income tax expense ￦ 48,140 ￦ 46,289

23. - 14 -
(2) Income tax expenses reflected directly in shareholders’ equity for the nine months ended September 30,
2016 and 2015 are as follows (Unit: Korean won in millions):
January 1,
2016
Increase
(Decrease)
September 30,
2016
Tax effect related to cash flow hedging reserve loss ￦ 5,413 ￦ (3,485) ￦ 1,928
Tax effect related to remeasurements of net defined
benefit liability 6,708 1,760 8,468
Total ￦ 12,121 ￦ (1,725) ￦ 10,396
January 1,
2015 Increase
September 30,
2015
Tax effect related to cash flow hedging reserve loss ￦ 6,537 ￦ 1,336 ￦ 7,873
Tax effect related to remeasurements of net defined
benefit liability 6,166 1,448 7,614
Total ￦ 12,703 ￦ 2,784 ￦ 15,487
(3) A reconciliation between income before income tax and income tax expense for the nine months ended
September 30, 2016 and 2015 is as follows (Unit: Korean won in millions):
Nine months ended September 30
2016 2015
Net income before income tax ￦ 201,725 ￦ 209,469
Net income tax payable by the statutory income tax rates (*) 48,355 50,229
Tax reconciliations:
Others (215) (3,940)
Subtotal (215) (3,940)
Income tax expense for continued operation 48,140 46,289
Effective tax rates (income tax/income before income tax) 23.86% 22.10%
(*) Applicable income tax rate: 1) 11% for below ￦200 million, 2) 22% for ￦200 million to ￦20 billion
and 3) 24.2% for above ￦20 billion.
21. EARNINGS PER SHARE:
(1) Basic earnings per share for the three months and nine months ended September 30, 2016 and 2015 are as
follows (Unit: Korean won):
2016 2015
Three months
ended September 30
Nine months
ended September 30
Three months
ended September 30
Nine months
ended September 30
Net income (A) ￦ 58,706,083,139 ￦153,584,407,463 ￦ 52,352,883,132 ￦163,179,752,745
Weighted-average
number of shares (B) 160,465,286 shares 160,465,286 shares 160,465,286 shares 160,465,286 shares
Net income per share (A/B) ￦ 366 ￦ 957 ￦ 326 ￦ 1,017
(2) Diluted earnings per share
As there were no discontinued operations during the nine months ended September 30, 2016 and 2015, basic
earnings per share are the same as basic earnings per share from continuing operations.

24. - 15 -
22. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS):
Changes in accumulated other comprehensive income (loss) for the nine months ended September 30, 2016
and 2015 are as follows (Unit: Korean won in millions):
September 30, 2016
Changes
Beginning
balance
Reclassification
of profit or loss Other
Income tax
effects
Ending
balance
Gain (loss) on valuation
of derivatives ￦ (17,142) ￦ 633 ￦ 13,882 ￦ (3,485) ￦ (6,112)
Remeasurements of net
defined benefit liability (21,242) - (7,366) 1,760 (26,848)
Total ￦ (38,384) ￦ 633 ￦ 6,516 ￦ (1,725) ￦ (32,960)
September 30, 2015
Changes
Beginning
balance
Reclassification
of profit or loss Other
Income tax
effects
Ending
balance
Gain (loss) on valuation
of derivatives ￦ (20,648) ￦ (1,821) ￦ (3,857) ￦ 1,336 ￦ (24,990)
Remeasurements of net
defined benefit liability (19,470) - (6,145) 1,448 (24,167)
Total ￦ (40,118) ￦ (1,821) ￦ (10,002) ￦ 2,784 ￦ (49,157)
23. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS:
(1) Cash and cash equivalents
Cash and cash equivalents in the condensed consolidated statements of cash flows are as follows (Unit: Korean
won in millions):
September 30, 2016 September 30, 2015
Ordinary deposits ￦ 127,201 ￦ 239,292
Current deposits 376 339
Time deposits - 14,400
Other cash and cash equivalents 759,957 739,157
Total ￦ 887,534 ￦ 993,188

25. - 16 -
(2) Cash generated from operating activities
Cash generated from operating activities is as follows (Unit: Korean won in millions):
Nine months ended September 30
2016 2015
Net income ￦ 153,584 ￦ 163,180
Adjustments:
Income tax expense 48,140 46,289
Interest income (15,351) (15,111)
Interest expense 194,523 208,006
Dividends received (297) (285)
Bad debt expenses and losses on disposal of receivables 175,546 167,270
Retirement benefits 11,214 10,574
Long-term employee benefits 899 662
Depreciation expenses 26,188 25,842
Amortization expenses 27,310 23,516
Losses on foreign currency translation - 44,637
Losses on valuation of derivatives 52,233 -
Increase in provision for unused credit limit 3,900 3,620
Losses from sale of property, plant and equipment 133 1,356
Losses from sale of intangible assets 58 -
Sales promotional expenses 22,432 24,014
Increase in provision for others 1,693 4,400
Other operating expenses 482 803
Gains on valuation of trading securities (2,348) (1,795)
Gains on transaction of derivatives - (6,127)
Gains on disposal of AFS securities (37) (139)
Gains on foreign currency translation (52,233) -
Gains on valuation of derivatives - (44,637)
Amortization of present value of discounts of card assets (23,358) (24,929)
Amortization of deferred origination cost and fee of card assets (19,593) (17,490)
Gains from sale of property, plant and equipment (154) (56)
Gains from sale of intangible assets (10) -
Other operating revenues (23) (19)
Subtotal 451,347 450,401
Changes in operating assets and liabilities:
Decrease (increase) in trading securities (408,773) 176,928
Decrease (increase) in card assets 67,193 (228,688)
Increase in deposits (16,200) -
Increase in other assets (4,445) (60,184)
Increase in guarantee deposits (342) (735)
Decrease in derivative assets 8,000 3,884
Decrease in net defined benefit liabilities (88) (606)
Decrease in long-term employee benefits (161) (141)
Decrease in derivative liabilities (8,000) (8,037)
Increase in other liabilities 36,778 371,234
Subtotal (326,038) 253,655
Total ￦ 278,893 ￦ 867,236
The cash and cash equivalents in the condensed consolidated statements of cash flows are the same as the cash and
cash equivalents in the condensed consolidated statements of financial position.

26. - 17 -
24. CONTINGENCIES AND COMMITMENTS:
(1) Credit line agreement
The credit line agreements as of September 30, 2016 and December 31, 2015 are as follows (Unit: Korean won
in millions):
Type Financial instruments September 30, 2016 December 31, 2015
Intraday overdraft limit Woori Bank
and 6 others ￦ 470,000 ￦ 542,600
(2) Revolving Credit Facility
The Consolidated Entity has a revolving credit facility agreement for ￦610 billion with KB Bank and 10
others for credit line as of September 30, 2016.
(3) Pending litigations
As of September 30, 2016, the Consolidated Entity is involved in 20 cases (￦28,979 million) as a defendant,
13 cases (￦17,999 million) as a plaintiff and the cases for debt collection against multiple debtors in the
important pending litigations. The Consolidated Entity records ￦5,914 million for other provisions regarding
the cases as a defendant. The management of the Consolidated Entity does not anticipate that these pending
litigations referred above will have a significant effect on the Consolidated Entity’s consolidated financial
statements (see Note 12).
(4) Deposit for Loss Reimbursement
As of September 30, 2016, the Consolidated Entity has deposits of ￦2,233 million and ￦4,763 million of
proceeds and interests, respectively, from the sale of Daewoo Engineering & Construction Co., Ltd.’s shares in
an escrow account and records ￦2,233 million and ￦4,467 million for provision of proceeds and interests,
respectively, from the litigation relating to the sale of Daewoo Engineering & Construction Co., Ltd.’s shares
(see Note 12).
(5) Contract of sale of receivables
The Consolidated Entity entered into a contract with Hyundai Capital Services, Inc. relating to its sale of
receivables on January 24, 2006. In accordance with the contract, the Consolidated Entity sells the receivables
that are 60 days or more past due or written off (partially including receivables that are before 60 days) to
Hyundai Capital Services, Inc. Such sale occurs five times a month on designated cutoff dates at the amount
calculated using a predetermined price pursuant to the contract.
(6) Reserve for Loss Reimbursement
The Consolidated Entity has the obligation to reimburse customers for fraudulent credit card activities; the
Consolidated Entity records the expected losses as an accrued expense.
(7) Insurance for the implementation of the liability for damages
The Consolidated Entity has an insured value of ￦1 billion for the implementation of the liability for damages
in accordance with Article 43 of Credit Information Act.
(8) Security on the Receivables Sold Relating to Asset-Backed Securitization
The Consolidated Entity continuously transfers receivables to maintain a certain level of its equity in the
second series beneficiary certificates relating to the asset-backed securitization.

27. - 18 -
(9) Early Redemption Rule Associated with Asset-Backed Securitization
According to the agreement on the Consolidated Entity’s asset-backed securitization, in order to enhance the
credit level of the asset-backed securities, several provisions are in place as trigger clauses to be used for early
redemption calls, thereby limiting the risk that the investors are exposed to resulting from a change in quality
of the assets in the future. In the event the asset-backed securitization of the Consolidated Entity is in violation
of the applicable trigger clause, the Consolidated Entity is obliged to make early redemption for the asset-
backed securities.
25. TRANSACTION WITH RELATED PARTIES:
(1) Status of related parties
Related parties consist of entities related to the Consolidated Entity, postemployment benefits, a key
management personnel and a close member of that person’s family; an entity controlled or jointly controlled;
and an entity influenced significantly.
Details of the related parties as of September 30, 2016 are as follows:
Companies
Parent Company Hyundai Motor Company
Other related parties IGE USA Investments, GE Capital Int’l Holdings, HMC Investment Securities, Green
Air, Kia Motors, Kia Tigers, Maintrans Co., Ltd., Busan Finance Center AMC, HL
Green Power, WIA-MAGNA Powertrain, Eukor Car Carriers, Innocean Worldwide,
Iljin Bearing, Chunbuk Hyundai Motors FC, Korea Credit Bureau, Hankook
Economy Daily, Haevichi Country Club, Haevichi Hotels&Resorts, Hyundai
Construction, Hyundai Glovis, Hyundai Dymos, Hyundai City Corporation, Hyundai
Life, Hyundai Rotem, Hyundai Materials, Hyundai Mobis, Hyundai BNG Steel,
Hyundai Farm Land & Development, Hyundai Engineering & Steel Industries,
Hyundai IHL, Hyundai Energy, Hyundai Engineering, Hyundai NGV, Hyundai
MSEAT, Hyundai MNSOFT, Hyundai AMCO, Hyundai Auto Ever Systems,
Hyundai-autron, Hyundai WIA, Hyundai Steel Company, HYUNDAI Architects &
Engineers Assoc., Hyundai Capital, Hyundai Commercial, Hyundai KEFICO,
Hyundai Powertech, Hyundai Partecs, Hyundai Hysco, etc.
(2) Outstanding transactions with the related parties for the nine months ended September 30, 2016 and 2015
are as follows (Unit: Korean won in millions):
Nine months ended September 30, 2016
Revenues Expenses Others
Card
income
Rental
revenue Others
Card
expense
General and
administrative
expenses Others
Purchase of
property,
plant and
equipment
Purchase of
intangible
assets
Disposal
of assets
Parent Company:
Hyundai Motor
Company ￦ 82,297 ￦ - ￦ - ￦ 5,890 ￦ 283 ￦ 269 ￦ - ￦ - ￦ -
Other related parties:
Hyundai Capital 895 707 14,869 10,731 1,951 19,161 - - 270,702
Hyundai Life 5,370 124 299 - 3,344 - - - -
Kia Motor
Company
37,351 - - - 5 77 - - -
Hyundai Auto
Ever Systems
2,740 - - - 44,627 - - 3,057 -
Hyundai
Construction
538 - - - 6 - 13,654 - -
Others 2,703 683 813 440 12,527 1,449 - - -
Total ￦131,894 ￦ 1,514 ￦15,981 ￦17,061 ￦ 62,743 ￦20,956 ￦ 13,654 ￦ 3,057 ￦270,702

28. - 19 -
Nine months ended September 30, 2015
Revenues Expenses Others
Card
income
Rental
revenue Others
Card
expense
General and
administrative
expenses Others
Purchase of
property,
plant and
equipment
Purchase of
intangible
assets
Disposal
of assets
Parent Company:
Hyundai Motor
Company ￦ 75,883 ￦ - ￦ - ￦ - ￦ 363 ￦ 3 ￦ - ￦ - ￦ -
Other related parties:
Hyundai Capital 62 375 15,285 13,628 1,961 18,903 - - 269,519
Hyundai Life 3,186 145 - - 3,102 - - - -
Kia Motor
Company
28,761 - - - 7 - - - -
Hyundai Auto
Ever Systems
3,764 - - 10 30,554 6,394 - 6,767 -
Hyundai
Construction
182 - - - - - 4,800 - -
Others 2,255 613 804 142 10,319 2,136 - 29 -
Total ￦114,093 ￦ 1,133 ￦16,089 ￦13,780 ￦ 46,306 ￦27,436 ￦ 4,800 ￦ 6,796 ￦ 269,519
(3) Receivables and payables (except for borrowings) from the transactions with the related parties as of
September 30, 2016 and December 31, 2015 are as follows (Unit: Korean won in millions):
September 30, 2016
Receivable Payables
Card assets Others
Accounts
payable Others
Parent company:
Hyundai Motor Company ￦ 53,731 ￦ 2,133 ￦ 32,815 ￦ -
Other related parties:
Hyundai Capital 84,504 550 831 645
Hyundai Life 1,811 56,001 166 84
Kia Motor Company 22,951 - 11,182 -
Hyundai Auto Ever Systems 8,418 853 1,831 2
Hyundai Construction 8,185 - - -
Others 31,858 - 7,430 506
Total ￦ 211,458 ￦ 59,537 ￦ 54,255 ￦ 1,237
December 31, 2015
Receivable Payables
Card assets Others
Accounts
payable Others
Parent company:
Hyundai Motor Company ￦ 46,492 ￦ 2,153 ￦ 39,143 ￦ -
Other related parties:
Hyundai Capital 111,407 423 1,038 248
Hyundai Life 1,564 59,597 139 101
Kia Motor Company 21,925 - 10,666 -
Hyundai Auto Ever Systems 5,223 - 4,017 -
Hyundai Construction 946 - - -
Others 29,047 - 11,424 424
Total ￦ 216,604 ￦ 62,173 ￦ 66,427 ￦ 773

29. - 20 -
(4) Compensation for key management for the nine months ended September 30, 2016 and 2015 is as follows
(Unit: Korean won in millions):
Nine months ended September 30
2016 2015
Short-term employee benefit ￦ 7,368 ￦ 9,045
Retirement benefit 1,489 1,519
Other long-term employee benefit - 14
Total ￦ 8,857 ￦ 10,578
(5) There were no borrowing transactions with the related parties for the nine months ended September 30,
2016 and 2015.
(6) There were no lending transactions with the related parties for the nine months ended September 30, 2016
and 2015.
(7) As of September 30, 2016, there are no payment guarantees and collaterals that the Consolidated Entity has
provided for the related parties to finance, and no payment guarantees and collaterals that the Consolidated
Entity has been provided from the related parties.
26. TRANSFERS OF FINANCIAL ASSETS:
The Consolidated Entity transferred receivables to Privia 4th SPC, Privia 5th SPC, Super Series 1st and Super
Series 2nd SPC (hereafter, “SPC”) in order to securitize assets. SPC issued subordinate asset-backed securities
with transferred receivables as underlying asset, and as the Consolidated Entity is providing credit
reinforcement by acquiring such subordinate asset-backed securities, should any bad debt incur in receivables
being the underlying asset, the risk preferentially belongs to the Consolidated Entity. SPC has recourse to
drawer only in regard to the receivables transferred; even after transfer of receivables, the Consolidated Entity
owns majority of risks and indemnity for such asset.
Transferred financial assets that are not derecognized in their entirety and the associated liabilities as of
September 30, 2016 and December 31, 2015 are as follows (Unit: Korean won in millions):
September 30,
2016
December 31,
2015
Securitized card assets
Book value of assets ￦ 3,254,797 ￦ 2,896,759
Book value of relevant liabilities 1,352,663 1,103,302
Liabilities that have recourse only to the transferred financial assets:
Fair value of assets 3,747,792 3,279,507
Fair value of relevant liabilities 1,361,506 1,110,368
Net position ￦ 2,386,286 ￦ 2,169,139

30. - 21 -
27. NETTING ON FINANCIAL ASSETS AND LIABILITIES:
Derivative assets and derivative liabilities recognized by the Consolidated Entity can be set off in accordance
with the future events described in derivative master netting agreements.
The effects of netting agreements as of September 30, 2016 and December 31, 2015 are as follows (Unit:
Korean won in millions):
September 30, 2016
Non-offsetting amount
Recognized
financial
assets and
liabilities
Offsetting
amount from
recognized
financial assets
and liabilities
Net amounts
in the condensed
consolidated
statement of
financial
position
Financial
instruments
Cash
collateral
received Net amounts
Financial assets:
Derivative assets ￦ 18,300 ￦ - ￦ 18,300 ￦ 18,300 ￦ - ￦ -
Financial liabilities:
Derivative liabilities 34,177 - 34,177 18,300 - 15,877
December 31, 2015
Non-offsetting amount
Recognized
financial
assets and
liabilities
Offsetting
amount from
recognized
financial assets
and liabilities
Net amounts
in the condensed
consolidated
statement of
financial position
Financial
instruments
Cash
collateral
received Net amounts
Financial assets:
Derivative assets ￦ 39,584 ￦ - ￦ 39,584 ￦ 21 ￦ - ￦ 39,563
Financial liabilities:
Derivative liabilities 17,744 - 17,744 21 - 17,723
28. FINANCIAL ASSETS AND LIABILITIES:
(1) The fair values of financial assets and liabilities as of September 30, 2016 and December 31, 2015 are as
follows (Unit: Korean won in millions):
September 30, 2016 December 31, 2015
Book value Fair value Book value Fair value
Assets:
Financial assets:
Cash and deposits ￦ 936,758 ￦ 936,758 ￦ 538,767 ￦ 538,767
Investment financial assets 872,816 872,816 461,695 461,695
Card assets 11,185,165 12,615,062 11,406,587 12,693,621
Other financial assets 199,326 199,326 214,031 214,031
Total ￦ 13,194,065 ￦ 14,623,962 ￦ 12,621,080 ￦ 13,908,114
Liabilities:
Financial liabilities:
Borrowings ￦ 1,225,000 ￦ 1,227,331 ￦ 590,000 ￦ 590,070
Debentures 8,263,790 8,429,892 8,527,884 8,702,292
Other financial liabilities 1,285,437 1,285,437 1,246,644 1,246,644
Total ￦ 10,774,227 ￦ 10,942,660 ￦ 10,364,528 ￦ 10,539,006
The Consolidated Entity’s valuation techniques and relevant policies with regard to the fair value are the same
as those used for the previous period.

31. - 22 -
(2) Fair value hierarchy
All financial instruments at fair value are categorized into three fair value hierarchy levels. The method of
categorizing fair value hierarchy levels is the same as the one used for the previous period.
The table below provides the Consolidated Entity’s financial assets and liabilities recorded at fair value in the
condensed consolidated statements of financial position as of September 30, 2016 and December 31, 2015
(Unit: Korean won in millions):
September 30, 2016
Fair value hierarchy
Book value Fair value Level 1 Level 2 Level 3
Financial assets:
Trading securities ￦ 871,049 ￦ 871,049 ￦ - ￦ 871,049 ￦ -
Derivative assets 18,300 18,300 - 18,300 -
Financial liabilities:
Derivative liabilities 34,177 34,177 - 34,177 -
December 31, 2015
Fair value hierarchy
Book value Fair value Level 1 Level 2 Level 3
Financial assets:
Trading securities ￦ 459,928 ￦ 459,928 ￦ - ￦ 459,928 ￦ -
Derivative assets 39,584 39,584 - 39,584 -
Financial liabilities:
Derivative liabilities 17,744 17,744 - 17,744 -
The table below provides the Consolidated Entity’s financial assets and financial liabilities that are carried at
cost as the fair values of the financial instruments are not readily determinable in the condensed consolidated
statements of financial position as of September 30, 2016 and December 31, 2015 (Unit: Korean won in
millions):
Description September 30, 2016 December 31, 2015
Investment financial assets:
AFS securities (*1) Unlisted equity securities ￦ 1,767 ￦ 1,767
(*1) AFS securities are recorded at cost as they do not have quoted prices in an active market and the fair
values are not reliably measured.
(3) The Consolidated Entity recognizes the transfers on the date of the event of change in circumstances that
caused the transfers.
(4) The following table explains valuation techniques and input variables used in Level 2 or Level 3 fair value
measurement. The valuation techniques and input variables of the financial assets and liabilities, which are
measured at amortized cost, are as follows:
Description Classification
Fair Value
(In millions of Korean won)
Current / Prior
Fair
Value
Hierarchy
Valuation Techniques
Notable
Unobservable
Inputs and
Extent
Card assets Assets ￦12,615,062 ￦12,693,621 Level 3 Discounted Cash Flow (“DCF”)
model is used to determine the
fair value of card assets. The fair
value is determined by
discounting the expected cash
flows with the market interest rate
considering the Consolidated
Entity’s credit grade.
Market rate of
profit, credit
spread,
liquidity
premium, other
spread and
discount rate
per creditors

32. - 23 -
Description Classification
Fair Value
(In millions of Korean won)
Current / Prior
Fair
Value
Hierarchy
Valuation Techniques
Notable
Unobservable
Inputs and
Extent
Leasehold
deposits
provided
Assets 32,809 32,467 Level 2 DCF model is used to determine
the fair value of lease deposits
provided. The fair value is
determined by discounting the
expected cash flows with the
market interest rate considering
the Consolidated Entity’s credit
grade.
N/A
Trading
securities
Assets 871,049 459,928 Level 2 DCF model is used to determine
the fair value of trading securities.
The fair value is determined by
discounting the expected cash
flows with the market interest rate
considering the similar credit
grade with the debt security
issuer.
N/A
Borrowings Liabilities 9,657,223 9,292,362 Level 2 DCF model is used to determine
the fair value of borrowings. The
fair value is determined by
discounting the expected cash
flows with the market interest rate
considering the Consolidated
Entity’s credit grade.
N/A
Leasehold
deposits
received
Liabilities 10,176 9,081 Level 2 DCF model is used to determine
the fair value of lease deposits
received. The fair value is
determined by discounting the
expected cash flows with the
market interest rate considering
the Consolidated Entity’s credit
grade.
N/A
Interest rate
swap
Assets 74 21 Level 2 Discount rates and forward rates
used to measure fair values of
interest rate swap are determined
based on the applicable
constructed market-based yield
curve. The fair value is
determined by offsetting the
discounted expected cash flows of
interest rate swap with the
aforementioned forward rates.
N/A
Liabilities 15,566 17,744
Currency
swaps
Assets 18,226 39,563 Level 2 Discount rates and forward rates
used to measure fair values of
currency swaps are determined
based on the applicable
constructed market-based yield
curve. The trading base rate in the
morning of the report date is used
as currency swap’s exchange rate.
The fair value is determined by
offsetting the discounted expected
cash flows of currency swap with
the aforementioned forward rates
and closing price.
N/A
Liabilities 18,611 -

33. - 24 -
(5) Changes in financial assets and liabilities classified as Level 3 that are measured at fair value for the nine
months ended September 30, 2015 are as follows (Unit: Korean won in millions):
Nine months ended September 30, 2015
Begin
ning
Gains/
Losses
Other
Comprehensive
Income (loss)
Purchases/
Issues
Sales/
Settlements
To/From
Level 3 Ending
Financial instruments:
Derivatives assets ￦80 ￦ - ￦ - ￦ - ￦ (80) ￦ - ￦ -
(6) There are no significant changes in business or economic environment that affect fair values of financial
assets and liabilities held by the Consolidated Entity as of September 30, 2016.
29. FINANCIAL RISK MANAGEMENT:
The Consolidated Entity is exposed to credit, liquidity and market risks (exchange and rate risk). In order to
manage these factors, the Consolidated Entity operates risk management policies and programs that monitor
closely and respond to each of the risk factors. The Consolidated Entity uses derivatives to manage market
risks.
There was no significant change in the Consolidated Entity’s risk management division and policies after
December 31, 2015.
30. CAPITAL MANAGEMENT:
The Consolidated Entity (specialized credit finance company) must maintain adjusted capital adequacy ratio in
accordance with Specialized Credit Financial Business Law and subregulations, and the ratio for the credit card
company must be more than 8 %.
This ratio is calculated dividing adjusted capital by adjusted total assets, and all factors are based on separate
financial statements.
The Consolidated Entity maintains an adjusted capital adequacy ratio of more than 8%.
Details of adjusted capital adequacy ratio as of September 30, 2016 and December 31, 2015 are as follows
(Unit: Korean won in millions):
September 30, 2016 December 31, 2015
Adjusted total assets (A) ￦ 12,793,623 ￦ 12,107,908
Adjusted total capital (B) 2,238,790 2,060,972
Adjusted capital adequacy ratio (B/A) 17.50% 17.02%