KB Financial Group Inc. | CIK:0001445930 | 3

  • Filed: 4/27/2018
  • Entity registrant name: KB Financial Group Inc. (CIK: 0001445930)
  • Generator: Fujitsu
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1445930/000119312518136720/0001193125-18-136720-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1445930/000119312518136720/kb-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001445930
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  • ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory

    3.19 Equity Instruments issued by the Group

    An equity instrument is any contract or agreement that evidences a residual interest in the assets of an entity after deducting all of its liabilities.

    3.19.1 Ordinary shares

    Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new shares are deducted from the equity.

    3.19.2 Treasury shares

    If entities of the Group acquire the Parent Company’s equity instruments, those instruments (‘treasury shares’) are deducted from equity. No gains or losses are recognized in profit or loss on the purchase, sale, issue or cancellation of own equity instruments.