| Transferred Financial Assets Of Bonds Under Repurchase Agreements That Are Not Derecognized In Their Entirety |
1) Bonds sold under repurchase agreements The financial instruments that were disposed but the Group agreed to repurchase at the fixed amounts at the same time, so that they did not meet the conditions of derecognition, are as follows (Unit: Korean Won in millions):
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|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Assets transferred |
|
Financial assets at FVTPL |
|
|
1,271,304 |
|
|
|
1,935,048 |
|
|
|
Financial assets at FVTOCI |
|
|
248,394 |
|
|
|
5,053,180 |
|
|
|
Securities at amortized cost |
|
|
41,442 |
|
|
|
12,145 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
1,561,140 |
|
|
|
7,000,373 |
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|
|
|
|
|
|
|
|
|
|
|
| Related liabilities |
|
Bonds sold under repurchase agreements |
|
|
1,530,767 |
|
|
|
6,678,468 |
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|
|
|
|
|
|
|
|
|
|
|
| Transferred Financial Assets Of Loaned Securities That Are Not Derecognized In Their Entirety |
2) Securities loaned When the Group loans its securities to outside parties, the legal ownerships of the securities are transferred; however, they should be returned at the end of lending period. Therefore, the Group does not derecognize them from the consolidated financial statements as it owns majority of risks and benefits from the securities continuously, regardless of the transfer of legal ownership. The carrying amount of the securities loaned are as follows (Unit: Korean Won in millions):
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|
|
|
|
|
|
|
|
|
|
|
| Financial assets at FVTPL |
|
Korean treasury and government bonds, etc. |
|
|
12,361 |
|
|
|
— |
|
|
The Korea Securities Finance Corporation |
| Financial assets at FVTOCI |
|
Korean treasury and government bonds, etc. |
|
|
— |
|
|
|
5,573,299 |
|
|
Korea Securities Depository and others |
| Financial assets at FVTOCI |
|
Foreign currency debt securities |
|
|
— |
|
|
|
101,439 |
|
|
Nomura Financial Investment (Korea) Co., Ltd |
|
| Liquidity Of Transferred Financial Assets That Are Not Derecognized In Their Entirety |
3) Liquidity of financial assets As of December 31, 2024 and 2025, the consolidated structured companies issued asset-backed securities with loans and corporate bonds held by the Group as liquid assets, and the Group bear related risks through the purchase agreements or credit contributions. The transaction details of the transfer of the financial instrument are as follows:
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|
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|
|
|
|
|
|
|
|
|
|
|
|
|
| Assets transferred |
|
Loans at amortized cost |
|
|
5,205,022 |
|
|
|
4,194,597 |
|
| Related liabilities |
|
Asset-backed borrowings |
|
|
2,153,730 |
|
|
|
2,187,733 |
|
| |
Asset-backed bonds |
|
|
1,830,672 |
|
|
|
1,212,423 |
|
| (*) |
The carrying amount is the amount before the allowance for bad debts. |
|
| Financial Instruments To Be Offset And May Be Covered By Master Netting Agreements And Similar Agreements |
As of December 31, 2024 and 2025, the financial instruments to be offset and may be covered by master netting agreements and similar agreements are as follows (Unit: Korean Won in millions):
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|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| |
|
Gross
amounts of
recognized
financial
assets |
|
|
Gross
amounts of
recognized
financial
assets setoff |
|
|
amounts of
consolidated
financial
assets
presented |
|
|
Related amounts not setoff
in the consolidated
statement of financial
position |
|
|
|
|
| |
|
Netting
agreements
and others |
|
|
Cash
collateral
received and
others |
|
| Financial assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
10,333,766 |
|
|
|
— |
|
|
|
10,333,766 |
|
|
|
12,149,475 |
|
|
|
235,654 |
|
|
|
3,533,764 |
|
Receivable spot exchange (*2) |
|
|
5,585,127 |
|
|
|
— |
|
|
|
5,585,127 |
|
Bonds purchased under resale agreements (*2) |
|
|
10,098,618 |
|
|
|
— |
|
|
|
10,098,618 |
|
|
|
10,098,618 |
|
|
|
— |
|
|
|
— |
|
Uncollected domestic exchange settlement debits (*2)(*5) |
|
|
33,375,126 |
|
|
|
32,933,133 |
|
|
|
441,993 |
|
|
|
— |
|
|
|
— |
|
|
|
441,993 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
59,392,637 |
|
|
|
32,933,133 |
|
|
|
26,459,504 |
|
|
|
22,248,093 |
|
|
|
235,654 |
|
|
|
3,975,757 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Financial liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Derivative liabilities (*1) |
|
|
9,256,251 |
|
|
|
— |
|
|
|
9,256,251 |
|
|
|
11,899,555 |
|
|
|
533,052 |
|
|
|
2,408,916 |
|
Payable spot exchange (*3) |
|
|
5,585,272 |
|
|
|
— |
|
|
|
5,585,272 |
|
Bonds sold under repurchase agreements (*4) |
|
|
1,530,767 |
|
|
|
— |
|
|
|
1,530,767 |
|
|
|
1,530,767 |
|
|
|
— |
|
|
|
— |
|
Unpaid domestic exchange settlement credits (*3)(*5) |
|
|
40,525,606 |
|
|
|
32,933,133 |
|
|
|
7,592,473 |
|
|
|
7,590,328 |
|
|
|
— |
|
|
|
2,145 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
56,897,896 |
|
|
|
32,933,133 |
|
|
|
23,964,763 |
|
|
|
21,020,650 |
|
|
|
533,052 |
|
|
|
2,411,061 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (*1) |
The items include derivative assets and liabilities held for trading and designated for hedging. |
| (*2) |
The items are included in loan at amortized cost and other financial assets. |
| (*3) |
The items are included in other financial liabilities. |
| (*4) |
The items are included in borrowings. |
| (*5) |
Certain financial assets and liabilities are presented as net amounts. |
|