6-K 1 d573777d6k.htm FORM 6-K Form 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2013

Commission File Number: 000-53445

 

 

KB Financial Group Inc.

(Translation of registrant’s name into English)

 

 

9-1, 2-ga, Namdaemoon-ro, Jung-gu, Seoul 100-703, Korea

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  x            Form 40-F  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨             No  x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-N/A.

 

 

 


2013 First Half Preliminary Operating Results

On July 26, 2013, KB Financial Group Inc. (“KB Financial Group”) held an earnings conference and released its preliminary operating results for the first half of fiscal year 2013. The following tables reflect the key figures released during the conference. The presentation materials for the conference, which contain further details, are available at KB Financial Group’s website (http://www.kbfg.com).

The preliminary figures presented herein are based on the International Financial Reporting Standards as adopted by the Republic of Korea (“K-IFRS”) and are currently being reviewed by our independent auditor and are subject to change.

 

  1. Preliminary Operating Results of KB Financial Group (Consolidated)

 

(Won in millions, %)

   2Q 2013      1Q 2013      % Change
Increase
(Decrease)
(Q to Q)
    2Q 2012*      %  Change
Increase
(Decrease)

(Y to Y)
 

Operating revenue**

  

Specified Quarter

     5,978,021         6,202,554         (3.62     6,128,247         (2.45
  

Cumulative

     12,180,575         6,202,554         —          13,049,539         (6.66

Net operating profit

  

Specified Quarter

     451,495         532,865         (15.27     747,270         (39.58
  

Cumulative

     984,360         532,865         —          1,556,681         (36.77

Profit before income tax

  

Specified Quarter

     323,403         547,736         (40.96     736,374         (56.08
  

Cumulative

     871,139         547,736         —          1,544,365         (43.59

Profit for the period

  

Specified Quarter

     165,258         412,916         (59.98     553,299         (70.13
  

Cumulative

     578,174         412,916         —          1,161,945         (50.24

Profit attributable to shareholders of the parent company

  

Specified Quarter

     163,520         411,458         (60.26     551,613         (70.36
  

Cumulative

     574,978         411,458         —          1,156,552         (50.29

 

* The figures have been restated to reflect adjustments resulting from retrospective application of the amendments to K-IFRS that are effective for the financial year beginning on or after January 1, 2013.
** Represents the sum of interest income, fee and commission income, gain on financial assets/liabilities at fair value through profit or loss, and other operating income.


  2. Preliminary Operating Results of Kookmin Bank (Consolidated)

 

(Won in millions, %)

   2Q 2013      1Q 2013      % Change
Increase
(Decrease)
(Q to Q)
    2Q 2012*      %  Change
Increase
(Decrease)

(Y to Y)
 

Operating revenue**

  

Specified Quarter

     4,633,834         4,862,670         (4.71     4,499,323         2.99   
  

Cumulative

     9,496,504         4,862,670         —          9,711,440         (2.21

Net operating profit

  

Specified Quarter

     293,671         376,063         (21.91     646,728         (54.59
  

Cumulative

     669,734         376,063         —          1,338,037         (49.95

Profit before income tax

  

Specified Quarter

     168,666         391,090         (56.87     638,944         (73.60
  

Cumulative

     559,756         391,090         —          1,330,968         (57.94

Profit for the period

  

Specified Quarter

     48,822         295,857         (83.50     478,274         (89.79
  

Cumulative

     344,679         295,857         —          1,004,707         (65.69

Profit attributable to shareholders of the parent company

  

Specified Quarter

     48,783         295,812         (83.51     478,129         (89.80
  

Cumulative

     344,595         295,812         —          1,004,423         (65.69

 

* The figures have been restated to reflect adjustments resulting from retrospective application of the amendments to K-IFRS that are effective for the financial year beginning on or after January 1, 2013.
** Represents the sum of interest income, fee and commission income, gain on financial assets/liabilities at fair value through profit or loss, and other operating income.


  3. Preliminary Operating Results of KB Kookmin Card Co., Ltd. (Consolidated)

 

(Won in millions, %)

   2Q 2013      1Q 2013      % Change
Increase
(Decrease)
(Q to Q)
     2Q 2012*      %  Change
Increase
(Decrease)

(Y to Y)
 

Operating revenue**

   Specified Quarter      739,522         714,376         3.52         717,321         3.09   
   Cumulative      1,453,898         714,376         —           1,440,571         0.93   

Net operating profit

   Specified Quarter      141,053         124,738         13.08         60,166         134.44   
   Cumulative      265,791         124,738         —           153,051         73.66   

Profit before income tax

   Specified Quarter      141,068         124,760         13.07         60,559         132.94   
   Cumulative      265,828         124,760         —           153,679         72.98   

Profit for the period

   Specified Quarter      108,011         95,588         13.00         45,805         135.81   
   Cumulative      203,599         95,588         —           116,974         74.05   

Profit attributable to shareholders of the parent company

   Specified Quarter      108,011         95,588         13.00         45,805         135.81   
   Cumulative      203,599         95,588         —           116,974         74.05   

 

* The figures have been restated to reflect adjustments resulting from retrospective application of the amendments to K-IFRS that are effective for the financial year beginning on or after January 1, 2013.
** Represents the sum of interest income, fee and commission income, and other operating income.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

     

KB Financial Group Inc.

      (Registrant)
  Date: July 26, 2013    

By: /s/ Woong-Won Yoon

      (Signature)
      Name:   Woong-Won Yoon
      Title:   Deputy President & CFO