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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  • ifrs-full:DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory

    Details of financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreement as of December 31, 2016 and 2017, are as follows:

     

        2016  
        Gross liabilities     Gross assets
    offset
        Net amounts
    presented in the
    statement of
    financial
    position
        Non-offsetting amount     Net amount  
              Financial
    instruments
        Cash
    collateral
       
        (In millions of Korean won)  

    Derivatives held for trading and Derivatives linked securities

      4,622,729     —       4,622,729     (3,005,000   (207,797   1,409,932  

    Derivatives held for hedging

        88,506       —         88,506       (22,795     (11,922     53,789  

    Payable spot exchange

        2,556,009       —         2,556,009       (2,555,485     —         524  

    Repurchase agreements1

        8,815,027       —         8,815,027       (8,815,027     —         —    

    Securities borrowing agreements

        1,063,056       —         1,063,056       (1,063,056     —         —    

    Domestic exchange settlement credits

        20,655,999       (19,323,418     1,332,581       (1,332,503     —         78  

    Other financial instruments

        953,137       (829,137     124,000       (7,252     —         116,748  
     

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Total

      38,754,463     (20,152,555   18,601,908     (16,801,118   (219,719   1,581,071  
     

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

     

        2017  
        Gross liabilities     Gross asset
    offset
        Net amounts
    presented in the
    statement
    of financial
    position
        Non-offsetting amount        
              Financial
    instruments
        Cash
    collateral
        Net amount  
        (In millions of Korean won)  

    Derivatives held for trading and Derivatives linked securities

      3,193,238     —       3,193,238     (1,540,336   (32,585   1,620,317  

    Derivatives held for hedging

        88,151       —         88,151       (11,770     (9,139     67,242  

    Payable spot exchange

        3,445,098       —         3,445,098       (3,443,298     —         1,800  

    Repurchase agreements1

        10,666,315       —         10,666,315       (10,666,315     —         —    

    Securities borrowing agreements

        1,870,579       —         1,870,579       (1,870,579     —         —    

    Domestic exchange settlement credits

        29,999,359       (29,959,914     39,445       (39,445     —         —    

    Other financial instruments

        1,721,862       (1,530,488     191,374       (194     —         191,180  
     

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Total

      50,984,602     (31,490,402   19,494,200     (17,571,937   (41,724   1,880,539  
     

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

     

    1  Includes repurchase agreements sold to customers.