SHINHAN FINANCIAL GROUP CO LTD | CIK:0001263043 | 3

  • Filed: 4/30/2018
  • Entity registrant name: SHINHAN FINANCIAL GROUP CO LTD (CIK: 0001263043)
  • Generator: Fujitsu
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1263043/000119312518141173/0001193125-18-141173-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1263043/000119312518141173/shg-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001263043
  • Open this page in separate window: Click
  • ifrs-full:DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory

    (b) Fair value of assets and liabilities

    Fair value of assets acquired and liabilities assumed by acquisition of ANZ as of acquisition date is as follows:

     

         Amount(*)  

    Asset:

      

    Cash and due from banks

       W 8,151  

    Property and equipment

         538  

    Receivable

         301,766  

    Other assets

         9,269  
      

     

     

     
         319,724  

    Liabilities:

      

    Accounts payable

         (436,285

    Other liabilities

         (1,022
      

     

     

     
         (437,307
      

     

     

     

    The fair value of the identifiable assets
    acquired and liabilities assumed

       W (117,583
      

     

     

     

     

      (*) The accounting treatments for this business combination has not been completed by the end of the reporting period. The goodwill amount may be changed due to fair value assessments of identifiable assets liabilities for allocation of acquisition consideration.