Submission of Audit Report
Subsidiary company Kyongnam Bank Co., Ltd. 's material business matters to report
[External Auditor's Opinion and Financial Details on Consolidated Financial Statements of the Parent Company or Holding Company]
Category Current fiscal year Previous fiscal year
1. Auditor's opinion on consolidated financial statements
- Auditor's opinion Unqualified opinion Unqualified opinion
- Substantial doubt about the entity`s going concern ability? No No
2. Consolidated B/S (KRW)
- Total assets 46,628,812,415,511 42,145,446,677,947
- Total liabilities 43,110,659,091,565 38,715,366,539,608
- Total shareholders' equity 3,518,153,323,946 3,430,080,138,339
- Total shareholders' equity (excluding non-controlling shareholders' equity) 3,518,153,323,946 3,430,080,138,339
- Capital stock 432,104,560,000 432,104,560,000
※ ＊Total shareholders' equity/capital stock ratio (%)(＊excluding non-controlling shareholders' equity) 814.2 793.8
3. Consolidated I/S (KRW)
- Sales (limited to amount of revenue according to sales of goods and services provided) 1,465,990,216,909 1,456,422,783,487
- Operating income 315,615,125,957 217,762,370,177
- Net income from continuing operation before income tax 303,335,135,512 207,955,440,552
- Net income 230,554,148,729 164,593,645,630
- Net income attributable to shareholders of parent company 230,554,148,729 164,593,645,630
4. Number of consolidated subsidiaries 25 12
5. Number of major consolidated subsidiaries - -
6. Statement of embezzlement in consolidated audit report? No
[External Auditor's Opinion and Financial Details on Separate/Non-Consolidated Financial Statements]
1. External auditor's opinion and accounting financial statements Current fiscal year Previous fiscal year
A. Period Start date 2021-01-01 2020-01-01
End date 2021-12-31 2020-12-31
B. Auditor's opinion, etc.
- Auditor's opinion Unqualified opinion Unqualified opinion
- Substantial doubt about the entity`s going concern ability? No No
- Unqualified opinion on internal accounting control system? No No
C. Condensed B/S (KRW)
- Total assets 46,291,940,569,840 42,098,154,573,430
- Total liabilities 42,773,010,750,698 38,669,085,400,044
- Total shareholders' equity 3,518,929,819,142 3,429,069,173,386
- Capital stock 432,104,560,000 432,104,560,000
※ Total shareholders' equity/capital stock ratio (%) 814.4 793.6
D. Condensed I/S (KRW)
- Sales (limited to revenue from sales of goods and services provided) 1,469,279,518,875 1,465,877,248,244
- Operating income 320,404,975,014 224,143,385,308
- Net income from continuing operation before income tax 307,397,923,748 204,929,667,195
- Net income 234,283,971,185 161,644,796,775
2. Name of external auditor Deloitte Anjin LLC
3. Date audit report received 2022-03-11
4. Subject to filing of consolidated financial statements? Yes
5. Statement of embezzlement in audit report? No
6. Other matters to be factored into investment decisions
1.The separate and consolidated financial statements are in accordance with Korean International Financial Reporting Standards (K-IFRS).
- The financial statements in the completed audit report submitted to the Corporation by the external auditor have not been finalized through the approval process of the general meeting of shareholders, and may change during the approval process.

2.The number of consolidated subsidiaries in the consolidated financial data include consolidated trust assets and special purpose companies (SPCs).

3.The submission of this disclosure of audit report replaces the corrections for "Changes of 30% or More in Sales or Profits/Losses (15% or More in the Case of Large-scale Corporations)" disclosed by BNK Financial Group on Feb 9, 2022.

※ Disclosure on material management matters of subsidiary
- Name of subsidiary : BNK Kyongnam Bank Co., Ltd.
- Share of total asset value: 30.60% (as of Dec 31, 2020)
-자산총액비중 : 30.60% (2020년 12월 31일 기준)
※ Related disclosure 2022-02-09 Changes of 30% or More in Sales or Profits/Losses (15% or More in the Case of Large-sized Corporations)(자회사의 주요경영사항)

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BNK Financial Group Inc. published this content on 15 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2022 03:09:06 UTC.