Amendment No.1 to Form 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K/A

(Amendment No. 1)

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

February 21, 2013

 

 

SHINHAN FINANCIAL GROUP CO., LTD.

(Translation of registrant’s name into English)

 

 

120, 2-Ga, Taepyung-Ro, Jung-Gu, Seoul 100-102, Korea

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

x  Form 20-F            ¨  Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

¨  Yes            x  No

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a

 

 

 


Exhibit 99.1

Amendment of Form 6-K filed on February 7, 2013.

The following amends and supersedes the exhibit 99.1 of our Form 6-K filed on February 7, 2013. The amendment was made to correct the operating results of Shinhan Financial Group(hereafter SFG) and Shinhan Bank, a wholly-owned bank subsidiary of SFG, for fiscal year 2012.

There are no amendments to the operating results of Shinhan Card.

The financial information in this report has been prepared in accordance with Korean International Financial Reporting Standards and is to be audited by our independent auditor. As figures provided have not yet been fully audited by our independent auditor, contents are subject to change in the due course of the auditing process.

1. Operating Results of Shinhan Financial Group (consolidated)

(KRW million)

Item

   4Q 2012      3Q 2012      QoQ
Change
(%)
     4Q 2011      YoY
Change
(%)
 

Revenue*

   Specified Quarter      7,122,774         8,033,687         -11.34         6,095,171         16.86   
  

Cumulative

     29,642,563         22,519,789         —           30,261,651         -2.05   

Operating Income

   Specified Quarter      628,298         628,614         -0.05         701,404         -10.42   
  

Cumulative

     3,193,952         2,565,654         —           4,172,386         -23.45   

Income before Income Taxes

   Specified Quarter      562,715         655,188         -14.11         660,497         -14.80   
  

Cumulative

     3,233,012         2,670,297         —           4,192,562         -22.89   

Net Income**

   Specified Quarter      380,089         484,977         -21.63         506,724         -24.99   
  

Cumulative

     2,322,732         1,942,643         —           3,100,011         -25.07   

 

* Represents the sum of interest income, fees and commissions revenues, and other operating revenues
** Represents profits attributable to controlling interest


2. Operating Results of Shinhan Bank (consolidated)

(KRW million)

Item

   4Q 2012      3Q 2012      QoQ
Change
(%)
     4Q 2011      YoY
Change
(%)
 

Revenue*

   Specified Quarter      5,033,297         4,752,847         5.90         3,729,097         34.97   
  

Cumulative

     18,572,810         13,539,513         —           18,778,260         -1.09   

Operating Income

   Specified Quarter      370,748         412,633         -10.15         294,797         25.76   
  

Cumulative

     2,070,538         1,699,791         —           2,673,194         -22.54   

Income before Income Taxes

   Specified Quarter      316,390         418,188         -24.34         257,812         22.72   
  

Cumulative

     2,073,601         1,757,210         —           2,650,384         -21.76   

Net Income**

   Specified Quarter      283,697         324,845         -12.67         227,779         24.55   
  

Cumulative

     1,656,797         1,373,099         —           2,118,421         -21.79   

 

* Represents the sum of interest income, fees and commissions revenues, and other operating revenues
** Represents profits attributable to controlling interest

3. Operating Results of Shinhan Card (consolidated)

(KRW million)

Item

   4Q 2012      3Q 2012      QoQ
Change
(%)
     4Q 2011      YoY
Change
(%)
 

Revenue*

   Specified Quarter      1,192,655         1,143,819         4.27         1,140,876         4.54   
  

Cumulative

     4,600,856         3,408,201         —           4,525,250         1.67   

Operating Income

   Specified Quarter      211,703         204,114         3.72         293,388         -27.84   
  

Cumulative

     966,676         754,973         —           1,111,862         -13.06   

Income before Income Taxes

   Specified Quarter      207,707         202,207         2.72         271,371         -23.46   
  

Cumulative

     967,016         759,309         —           1,100,157         -12.10   

Net Income**

   Specified Quarter      160,126         158,574         0.98         235,293         -31.95   
  

Cumulative

     749,764         589,638         —           875,930         -14.40   

 

* Represents the sum of interest income, fees and commissions revenues, and other operating revenues
** Represents profits attributable to controlling interest


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

SHINHAN FINANCIAL GROUP CO., LTD.
/s/ Jung Kee Min
Name: Jung Kee Min
Title:   Chief Financial Officer

Date: February 21, 2013