2006 First Half Operating Results
2006-08-01On July 31, 2006, Kookmin Bank held an earnings conference and released its operating results for the first half of 2006. The following tables reflect the key figures released during the conference, and full presentation material is available at the Kookmin Bank website (www.kbstar.com) for further information.
The figures for the first half of 2006 presented herein are currently being reviewed by our independent auditor, and such figures are subject to change.
From the end of 2005, income from credit card-related fees was reclassified as interest income. However, from the first half of 2006, Kookmin Bank reversed such reclassification with respect to the check card portion of credit card-related fees, so that such fees were classified as fee income. The related figures in the financial statements for periods prior to the first half of 2006 were adjusted in line with such reversal.
| (Won in trillions) | As of the date indicated | ||
|---|---|---|---|
| June 30, 2006 | December 31, 2005 | % Change (YTD) | |
| Total Assets | 192.0 | 179.6 | 6.9 |
| Loans in Won | 126.2 | 122.3 | 3.2 |
| Total Liabilities | 178.2 | 167.2 | 6.6 |
| Deposits in Won | 131.2 | 131.6 | -0.3 |
| Total Stockholders' Equity | 13.8 | 12.4 | 11.3 |
| (Won in billions) | For the six-month period ended | ||
|---|---|---|---|
| June 30, 2006 | June 30, 2005 | % Change (YoY) | |
| Operating Income | 1,917.1 | 1,237.1 | 55.0 |
| Non-Operating Income | 264.8 | 73.0 | 262.7 |
| Net Income | 1,580.0 | 890.0 | 77.5 |
| (Won in billions) | As of the date indicated | ||
|---|---|---|---|
| June 30, 2006 | December 31, 2005 | % Change (YTD) | |
| Total Loans for NPL Management | 142,713.4 | 137,521.5 | 3.8 |
| Substandard & Below Loans | 1,980.4 | 2,338.0 | -15.3 |
| Loan Loss Reserves | 2,256.3 | 2,468.4 | -8.6 |
| NPL Ratio | 1.39% | 1.70% | -0.31%p |
| NPL Coverage Ratio | 113.9% | 105.6% | 8.3%p |
| Delinquency Ratio | 1.29% | 1.70% | -0.41%p |