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
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  • ifrs-full:DisclosureOfReconciliationOfChangesInGoodwillExplanatory

    ii) Changes in goodwill for the years ended December 31, 2016 and 2017

     

         2016      2017  

    Beginning balance

       W 3,871,482        3,873,060  

    Acquisitions through business combinations (*1)

         4,427        42,103  

    Impairment loss (*2)

         (2,849      —    
      

     

     

        

     

     

     

    Ending balance

       W 3,873,060        3,915,163  
      

     

     

        

     

     

     

     

      (*1) The Group recognized the goodwill at the Shinhan Bank Vietnam Ltd. in 2017. (note 49)
      (*2) The Group recognized full impairment on the goodwill allocated to PT. Shinhan Indo Finance in prior year.