ㆍThis preliminary financial results is based on the Korean International Financial Reporting Standards(K-IFRS) and contained herein has not been reviewed and audited by independent auditors. Therefore, the results is subject to change without further notice.
ㆍFrom 2023, accounting standards related to insurance contracts are changed from IFRS4 to IFRS17. Revised accounting policy has been reflected in this IR material since 1Q23. The financial results prior to 1Q23 have not been retroactively amended. Please refer to page 6 for the effect of IFRS17 adoption.
ㆍDGB Life Insurance's financial statements have been restated due to new accounting policy related to guarantee reserve.
Accordingly, group financial results have been retrospectively restated and reflected in this IR Book.
Refer to the changes in net incomebelow.
Unit : bn. Won, Net Income
2018
2019
2020
1H21
3Q21
Before restatement (before new accounting policy)
381.1
327.4
-
Discount rate(as of the end of 2020) reflected
380.4
307.3
332.3
278.8
417.5
Discount rate(as of the end of 2021) reflected
361.4
281.0
342.2
307.8
452.6
ㆍSome information contained herein has not reflected accounting policy changes for effective historical analysis.
ㆍSome of the totals may not sum due to rounding.
ㆍThis material, Factbook, and financial statement are available at our website, www.dgbfg.co.kr.
ㆍFor more information, refer to our business report, Factbook, annual report, and financial statement.
ㆍDGB Financial Group undertakes no obligation regarding any investment judgment based on such statements or figures.
Contents
DGB Financial Group
DGB Daegu Bank
Non-Bank
Business Portfolio
Financial Results
Key Indicators
Capital Adequacy / Dividend
Group Strategies for Future Growth Condensed BS
Condensed IS
Market Share & Regional Economy
Financial Results
Loans & Deposits(Funding Structure)
Asset Quality & Delinquency
Hi Investment & Securities
DGB Life
DGB Capital
Hi Asset Management
DGB Financial Group
Group Structure
Page 05
Financial Results
Page 06
Key Indicators
Page 11
Capital Adequacy / Dividend
Page 12
Group Strategies for Future Growth
Page 14
Condensed Balance Sheet
Page 15
Condensed Income Statement
Page 16
∙ Assets
97.6 tr.
100%
∙ Equity
6.5 tr.
Employees 4,768
(Overseas local employees excluded)
Net Income 168.0 bn.
∙ ROE
12.16%
87.9%
∙ ROA
0.74%
100%
100%
∙ EST. 2011. 5. 17
100%
Total Assets 4.3 tr.
∙ Employees
102
100%
100%
100%
100%
77.7%
This group structure is as of the end of 1Q23
Bank trust account included in group & bank assets
Net Income is based on consolidated basis
Assets & net income are marked on KRW (Korean Won)
Ownership described as percentage mark above
ROE is based on shareholders' equity, ROE & ROA is annualized.
DGB Financial Group Business Portfolio
EST. : Established ACQ. : Acquired
∙ Assets
73,954.3 bn.
∙ Branches
201
∙ ROE 11.51%
EST.
∙ Equity
4,985.7 bn.
∙ Net Income
127.8 bn.
∙ ROA
0.72%
1967. 10
∙ Assets
13,252.7 bn.
∙ Branches
25
∙ ROE
3.86%
ACQ.
∙ Equity
1,381.4 bn.
∙ Net Income
14.0 bn.
∙ ROA
0.35%
2018. 10
∙ Assets
5,886.9 bn.
∙ ROE
30.75%
ACQ.
∙ Equity
530.7 bn.
∙ Net Income 30.6 bn.
∙ ROA
1.94%
2015. 1
∙ Assets
4,372.6 bn.
∙ Branches
2
∙ ROE
15.22%
ACQ.
∙ Equity
560.0 bn.
∙ Net Income
20.5 bn.
∙ ROA
1.91%
2012. 1
ACQ.
∙ Assets
74.0 bn.
∙ Equity
71.4 bn.
∙ Net Income 1.6 bn.
2016. 10
ACQ.
∙ Assets
35.5 bn.
∙ Equity
12.1 bn.
∙ Net Income 0.5 bn.
2013. 3
EST.
∙ Assets
13.3 bn.
∙ Equity
11.6 bn.
∙ Net Income 0.3 bn.
2012. 4
EST.
∙ Assets
5.7 bn.
∙ Equity
5.4 bn.
∙ Net Income 0.1 bn.
2000. 7
ACQ.
∙ Assets
20.4 bn.
∙ Equity
20.0 bn.
∙ Net Income 0.3 bn.
2021. 4
ACQ.
∙ Assets
6.5 bn.
∙ Equity
6.3 bn.
∙ Net Income -0.4bn.
2021. 8
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Disclaimer
DGB Financial Group published this content on 25 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2023 07:47:10 UTC.
DGB Financial Group is a Korea-based company mainly engaged in the banking business. The Company operates through six segments. The Banking segment uses funds acquired in the form of deposits from the general public as its main source, and supplies funds in the form of short- and long-term loans to fund consumers. The Life Insurance Business segment engages in the life insurance business. The Financial Investment Business segment engages in investment trading business, investment brokerage business, discretionary investment business, investment advisory business, and collective investment business. The Specialized Credit Finance Business segment engages in the facility rental business, installment finance business, and new technology business finance business. The Asset Management Business segment engages in securities investment trust management and investment advice. The Financial Holding Business segment engages in financial support and business management for subsidiaries.