General administrative expenses and other operating incomes (expenses) (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Disclosure of general administrative expenses and other operating income (expenses) [Abstract] |
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| Details of general and administrative expenses |
| (1) |
Details of general and administrative expenses recognized are as follows (Unit: Korean Won in millions): |
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For the years ended December 31 |
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Employee benefits |
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Short-term employee benefits |
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Salaries |
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1,831,137 |
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1,932,906 |
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2,071,650 |
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Employee fringe benefits |
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600,001 |
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640,924 |
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733,487 |
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Share based payment |
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12,946 |
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27,629 |
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61,568 |
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Retirement benefit service costs |
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119,670 |
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134,514 |
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201,431 |
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Termination |
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164,922 |
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1,533 |
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176,387 |
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Sub-total |
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2,728,676 |
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2,737,506 |
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3,244,523 |
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Depreciation and amortization |
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503,035 |
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539,924 |
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580,520 |
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Other general and administrative expenses |
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Rent |
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124,355 |
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124,041 |
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127,293 |
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Taxes and public dues |
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190,334 |
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202,541 |
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197,412 |
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Service charges |
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245,656 |
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257,113 |
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274,880 |
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Computer and IT related |
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144,017 |
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142,979 |
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205,504 |
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Telephone and communication |
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88,018 |
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93,178 |
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80,253 |
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Advertising |
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161,896 |
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156,795 |
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188,960 |
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Printing |
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6,072 |
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5,955 |
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5,443 |
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Traveling |
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13,364 |
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13,436 |
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13,978 |
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Supplies |
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9,156 |
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9,021 |
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8,357 |
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Insurance premium |
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14,380 |
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13,852 |
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15,532 |
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Maintenance |
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24,932 |
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25,035 |
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24,582 |
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Water, light, and heating |
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19,161 |
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19,415 |
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20,590 |
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Vehicle maintenance |
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14,725 |
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14,394 |
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11,871 |
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155,656 |
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113,788 |
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179,923 |
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Sub-total |
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1,211,722 |
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1,191,543 |
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1,354,578 |
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Total |
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4,443,433 |
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4,468,973 |
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5,179,621 |
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| (*) |
In-house welfare fund contributions amounted to 40,047 million Won and 50,710 million Won for the year ended December 31, 2023 and 2025. |
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| Details of other operating income |
(2) |
Details of other operating income recognized are as follows (Unit: Korean Won in millions): |
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For the years ended December 31 |
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Gain on transactions of foreign exchange(*1) |
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1,428,737 |
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722,827 |
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2,072,682 |
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Gain related to derivatives (designated for hedging) |
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114,875 |
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192,000 |
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251,270 |
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Gain on fair value hedged items |
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8,986 |
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25,469 |
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16,141 |
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Others(*2) |
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288,862 |
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349,033 |
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468,712 |
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Total |
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1,841,460 |
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1,289,329 |
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2,808,805 |
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(*1) |
The Group holds interest rate and currency-related der iv ative contracts to manage the volatility of gains and losses on transactions of foreign exchange due to exchange rate risk. The related gains and losses are described in Note 37. (2). |
(*2) |
Other income includes gains on disposal of operating lease assets of 255,943 million Won and 372,606 million Won for the years ended December 31, 2024 and 2025, respectively |
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| Details of other operating expenses |
(3) |
Details of other operating expenses recognized are as follows (Unit: Korean Won in millions): |
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For the years ended December 31 |
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Losses on transactions of foreign exchange (*1) |
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1,295,557 |
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1,754,516 |
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1,190,288 |
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KDIC deposit insurance premium |
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464,213 |
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509,832 |
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500,480 |
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Contribution to miscellaneous funds |
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453,805 |
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533,335 |
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528,863 |
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Losses related to derivatives (designated for hedging) |
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35,583 |
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24,252 |
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624,781 |
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Losses on fair value hedged items |
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72,601 |
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64,571 |
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92,138 |
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1,040,424 |
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1,121,479 |
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1,280,617 |
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3,362,183 |
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4,007,985 |
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4,217,167 |
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(*1) |
The Group holds interest rate and currency-related derivative contracts to manage the volatility of gains and losses on transactions of foreign exchange due to exchange rate risk. The related gains and losses are described in Note 37. (2) |
(*2) |
Other expenses include 22,349 million Won, 28,509 million Won and 32,495 million Won for intangible asset amortization cost for the years ended December 31, 2023, 2024 and 2025 respectively. In addition, it includes 462,394 million Won, 587,148 million Won and 629,079 million Won for lease depreciation cost for the years ended December 31, 2023, 2024 and 2025, respectively. |
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| Performance condition share-based payment granted to executives |
Details of performance condition share-based payment granted to executives as of December 31, 2024 and 2025 are as follows.
| 1) |
Performance condition share-based payment |
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| Subject to |
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Shares granted for the year 2021 |
| Type of payment |
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Cash-settled |
| Vesting period |
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January 1, 2021 ~ December 31, 2024 |
| Date of payment |
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2025-01-01 |
| Fair value (*1) |
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15,831 Won |
| Valuation method |
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Black-Scholes Model |
| Expected dividend rate |
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6.48% |
| Expected maturity date |
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— |
| Number of shares remaining |
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As of December 31, 202 5 |
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56,029 shares |
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As of December 31, 202 4 |
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1,105,292 shares |
| Number of shares granted (*2) |
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As of December 31, 202 5 |
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56,029 shares |
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As of December 31, 202 4 |
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1,105,292 shares |
| Subject to |
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Shares granted for the year 2022 |
| Type of payment |
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Cash-settled |
| Vesting period |
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January 1, 2022 ~ December 31, 2025 |
| Date of payment |
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2026-01-01 |
| Fair value (*1) |
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27,713 Won |
| Valuation method |
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Black-Scholes Model |
| Expected dividend rate |
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7.30% |
| Expected maturity date |
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— |
| Number of shares remaining |
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As of December 31, 202 5 |
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960,777 shares |
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As of December 31, 202 4 |
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960,777 shares |
| Number of shares granted (*2) |
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As of December 31, 202 5 |
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960,777 shares |
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As of December 31, 202 4 |
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960,777 shares |
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| Subject to |
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Shares granted for the year 2023 |
| Type of payment |
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Cash-settled |
| Vesting period |
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January 1, 2023 ~ December 31, 2026 |
| Date of payment |
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2027-01-01 |
| Fair value (*1) |
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25,763 Won |
| Valuation method |
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Black-Scholes Model |
| Expected dividend rate |
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7.30% |
| Expected maturity date |
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1 year |
| Number of shares remaining |
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As of December 31, 2025 |
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916,849 shares |
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As of December 31, 2024 |
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916,849 shares |
| Number of shares granted (*2) |
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As of December 31, 2025 |
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916,849 shares |
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As of December 31, 2024 |
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916,849 shares |
| Subject to |
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Shares granted for the year 2024 |
| Type of payment |
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Cash-settled |
| Vesting period |
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January 1, 2024 ~ December 31, 2027 |
| Date of payment |
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2028-01-01 |
| Fair value (*1) |
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23,949 Won |
| Valuation method |
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Black-Scholes Model |
| Expected dividend rate |
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7.30% |
| Expected maturity date |
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2 years |
| Number of shares remaining |
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As of December 31, 2025 |
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1,384,504 shares |
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As of December 31, 2024 |
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1,384,504 shares |
| Number of shares granted (*2) |
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As of December 31, 2025 |
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1,384,504 shares |
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As of December 31, 2024 |
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1,384,504 shares |
| Subject to |
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Shares granted for the year 2025 |
| Type of payment |
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Cash-settled |
| Vesting period |
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January 1, 2025 ~ December 31, 2028 |
| Date of payment |
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2029-01-01 |
| Fair value (*1) |
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22,263 Won |
| Valuation method |
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Black-Scholes Model |
| Expected dividend rate |
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7.30% |
| Expected maturity date |
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3 years |
| Number of shares remaining |
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As of December 31, 2025 |
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1,048,842 shares |
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As of December 31, 2024 |
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— |
| Number of shares granted (*2) |
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As of December 31, 2025 |
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1,048,842 shares |
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As of December 31, 2024 |
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— |
| (*1) |
As the amount of payment varies according to the base price (the arithmetic average of the weighted average stock price of transactions in the past one week, the past one month, and the past two months) at the date of payment, the fair value is measured according to the Black-Scholes model based on the base price at the time of each settlement and used for measuring the liability. |
| (*2) |
The number of payable stocks is granted at the initial contract date. This is a system in which the number of shares to be granted is determined based on the evaluation results of long-term performance indicators over a total of four years, including the current year, and the final cash compensation is made by reflecting the stock price at the time of payment. Long-term performance indicators include relative shareholder return, common equity ratio, return on equity, net income, selling, general and administrative expenses ratio, non-performing loan ratio, and performance of assigned duties. |
| 2) |
The Group accounts for performance condition share-based payments according to the cash-settled method and the fair value of the liabilities is reflected in the compensation costs by re-measuring every closing period. As of December 31, 2024 and 2025, the carrying amount of the liabilities related to the performance condition share-based payments recognized by the Group amounts to 62,557 million Won and |
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107,713 million Won, respectively, including the carrying amount of liabilities related to key management of 16,660 million Won and 43,823 million Won, respectively. |
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