*	The number of treasury shares have excluded the initial redemption of treasury shares from February 14, 2022, and the 2nd redemption from August 1, 2022.

37.1.2 Basic earnings per share


	2020			2021			2022
	(In Korean won and in number of shares)
Profit attributable to shareholders of the Parent Company	￦	3,468,447,701,501		￦	4,409,543,288,213		￦	4,394,828,402,454
Deduction: Dividends on hybrid securities		(22,859,500,000	)		(71,537,500,000	)		(126,402,175,000	)

Profit attributable to ordinary equity holders of the Parent Company (A)		3,445,588,201,501			4,338,005,788,213			4,268,426,227,454
Weighted average number of ordinary shares outstanding (B)		389,634,335			389,634,335			389,634,335
Basic earnings per share (A/B)	￦	8,843		￦	11,134		￦	10,955

37.2 Diluted Earnings per Share

Diluted earnings per share is calculated through increasing the weighted average number of ordinary shares outstanding by the weighted average number of additional ordinary shares that would have been outstanding assuming the conversion of all dilutive potential ordinary shares. The Group has dilutive potential ordinary shares such as stock grants and ordinary share exchange right of exchangeable bonds.

A calculation is done to determine the number of shares that could have been acquired at fair value (determined as the average market share price for the year) based on the monetary value of stock grants. The number of shares calculated above is compared with the number of shares that would have been issued assuming the settlement of stock grants.

Exchangeable bonds are included in potential ordinary shares from the exercisable date of the exchange right, and interest expense after tax for the period is added to profit for diluted earnings per share.

37.2.1 Adjusted profit for diluted earnings per share


	2020			2021			2022
	(In Korean won)
Profit attributable to shareholders of the Parent Company	￦	3,468,447,701,501		￦	4,409,543,288,213		￦	4,394,828,402,454
Deduction: Dividends on hybrid securities		(22,859,500,000	)		(71,537,500,000	)		(126,402,175,000	)

Profit attributable to ordinary equity holders of the Parent Company		3,445,588,201,501			4,338,005,788,213			4,268,426,227,454
Adjustments: Interest expense on exchangeable bonds		798,012,332			2,347,186,871			2,380,953,816

Adjusted profit for diluted earnings per share	￦	3,446,386,213,833		￦	4,340,352,975,084		￦	4,270,807,181,270

37.2.2 Weighted average number of ordinary shares outstanding for diluted earnings per share


	2020		2021		2022
	(In number of shares)
Weighted average number of ordinary shares outstanding		389,634,335		389,634,335		389,634,335
Adjustment:
Stock grants		3,416,737		3,945,208		4,306,711
Exchangeable bonds		1,707,650		5,000,000		5,000,000

Adjusted weighted average number of ordinary shares outstanding for diluted earnings per share		394,758,722		398,579,543		398,941,046

37.2.3 Diluted earnings per share


	2020		2021		2022
	(In Korean won and in number of shares)
Adjusted profit for diluted earnings per share	￦	3,446,386,213,833	￦	4,340,352,975,084	￦	4,270,807,181,270
Adjusted weighted average number of ordinary shares outstanding for diluted earnings per share		394,758,722		398,579,543		398,941,046

Diluted earnings per share	￦	8,730	￦	10,890	￦	10,705