Form 6-K

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

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

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2018

 

 

Woori Bank

(Translation of registrant’s name into English)

 

 

51, Sogong-ro, Jung-gu, Seoul, 04632, 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.

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):  ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

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):  ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 


Submission of Audit Report of Woori Bank

Date of Submission by Deloitte Anjin LLC, Woori Bank’s independent auditor: March 14, 2018

LOGO Audit reports have been furnished as exhibits 99.1 & 99.2

< Consolidated Audit Report >

 

1. Independent Auditor’s Opinion : Unqualified Opinion

2. Key Earnings Figures

 

            (Units: KRW)  

Item

   FY 2017      FY 2016  

Revenue*

     23,725,105,810,531        23,598,269,669,665  

Operating Income

     2,156,741,279,645        1,574,204,350,141  

Income before Income Tax

     1,949,505,922,161        1,553,388,596,483  

Net Income

     1,530,088,262,445        1,277,533,388,138  

Income Attributable to Controlling Interests

     1,512,147,816,668        1,261,265,963,873  

 

* Represents the sum of interest income, fee and commission income, dividend income, gain on financial products and other operating income (and excludes non-operating income)

3. Key Financial Figures

 

          (Units: KRW)  

Item

  FY 2017     FY 2016  

Total Assets

    316,295,461,166,850       310,682,727,259,154  

Total Liabilities

    295,730,561,030,343       290,136,774,664,286  

Total Shareholders’ Equity

    20,564,900,136,507       20,545,952,594,868  

Total Shareholders’ Equity *

    20,365,891,423,297       20,386,159,446,568  

Capital Stock

    3,381,391,855,000       3,381,391,855,000  

Shareholders’ Equity*/ Capital Stock (%)

    602.3       602.9  

Number of Consolidated Subsidiaries

    53       74  

 

* Excluding non-controlling interests


< Non-consolidated Audit Report >

 

1. Independent Auditor’s Opinion : Unqualified Opinion

2. Key Earnings Figures

 

            (Units: KRW)  

Item

   FY 2017      FY 2016  

Revenue*

     21,006,168,459,384        21,026,141,318,876  

Operating Income

     1,790,558,836,819        1,270,500,140,265  

Net Income before Income Tax

     1,620,222,673,757        1,310,645,133,169  

Net Income

     1,276,112,213,039        1,065,602,040,675  

 

* Represents the sum of interest income, fee and commission income, dividend income, gain on financial products and other operating income (and excludes non-operating income)

3. Key Financial Figures

 

            (Units: KRW)  

Item

   FY 2017      FY 2016  

Total Assets

     296,737,570,746,838        290,772,143,121,140  

Total Liabilities

     276,943,480,696,748        270,919,625,270,223  

Total Shareholders’ Equity

     19,794,090,050,090        19,852,517,850,917  

Capital Stock

     3,381,391,855,000        3,381,391,855,000  

Shareholders’ Equity/ Capital Stock (%)

     585.4        587.1  


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.

 

   

Woori Bank

    (Registrant)

Date: March 14, 2018

    By:  

/s/ Won Duk Lee

    (Signature)
          Name:   Won Duk Lee
          Title:   Managing Director