Woori Financial Group Inc. (WF)

Woori Bank Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	18,169,892	16,178,681	11,253,986	7,565,818	9,990,983	6,392,566
Investment Securities	74,085,892	46,300,740	49,370,030	54,954,521	48,161,650	46,331,574
Trading Asset Securities	22,160,425	20,265,153	18,771,813	12,609,086	14,159,062	7,779,282
Total Investments	96,246,317	66,565,893	68,141,843	67,563,607	62,320,712	54,110,856
Gross Loans	386,967,352	358,207,207	339,413,913	328,360,661	294,563,613	263,632,338
Allowance for Loan Losses	-3,299,912	-2,975,060	-2,334,153	-1,886,710	-1,908,524	-1,575,020
Other Adjustments to Gross Loans	-7,077	-11,360	-10,238	-7,299	-6,656	-6,826
Net Loans	383,660,363	355,220,787	337,069,522	326,466,652	292,648,433	262,050,492
Property, Plant & Equipment	7,253,675	6,462,685	5,733,387	4,953,028	4,403,174	3,364,716
Goodwill	468,413	445,093	397,527	345,449	334,290	350,682
Other Intangible Assets	348,325	309,658	238,960	232,229	248,914	268,235
Investments in Real Estate	438,753	472,768	387,707	389,495	387,464	280,239
Accrued Interest Receivable	1,807,490	1,972,330	1,667,397	1,049,857	864,107	1,012,240
Other Receivables	17,176,251	11,150,771	8,344,235	9,214,840	7,356,223	9,286,598
Restricted Cash	15,316,027	14,377,937	23,125,162	13,647,255	6,519,226	11,028,850
Other Current Assets	1,470,249	2,560,393	2,328,949	2,142,796	1,974,655	1,583,983
Long-Term Deferred Tax Assets	69,078	93,366	109,299	31,131	46,088	39,544
Other Long-Term Assets	1,029,339	21,952,483	21,463,795	13,374,006	11,777,875	11,986,530
Total Assets	543,705,197	498,004,936	480,474,396	447,183,871	399,081,017	361,980,724
Accounts Payable	15,334,561	10,166,945	5,981,407	6,953,848	4,021,671	-
Accrued Expenses	5,020,286	4,339,314	3,219,349	2,070,639	2,049,401	-
Interest Bearing Deposits	383,526,277	357,784,297	342,105,209	317,899,871	291,477,279	264,685,578
Total Deposits	383,526,277	357,784,297	342,105,209	317,899,871	291,477,279	264,685,578
Short-Term Borrowings	13,436,753	12,581,835	13,002,646	8,270,554	10,238,637	2,937,609
Current Portion of Leases	208,173	208,254	169,785	150,618	173,550	161,251
Current Income Taxes Payable	336,849	103,655	843,555	584,491	370,718	182,690
Other Current Liabilities	867,731	927,341	857,607	847,192	838,468	27,530
Long-Term Debt	75,708,431	71,103,743	72,220,710	69,082,251	57,799,530	49,856,975
Long-Term Leases	318,128	126,202	149,376	192,595	233,881	257,794
Long-Term Unearned Revenue	1,471,622	662,401	565,478	724,188	721,187	224,840
Pension & Post-Retirement Benefits	7,175	6,939	35,202	47,986	52,237	92,470
Long-Term Deferred Tax Liabilities	672,961	470,311	31,799	186,946	160,250	134,322
Other Long-Term Liabilities	10,593,845	6,126,209	9,664,931	11,322,497	4,218,363	17,927,333
Total Liabilities	507,502,792	464,607,446	448,847,054	418,333,676	372,355,172	336,488,392
Common Stock	3,802,676	3,802,676	3,640,303	3,640,303	3,611,338	3,611,338
Additional Paid-In Capital	935,620	935,563	682,385	682,385	626,111	626,295
Retained Earnings	26,638,856	24,986,470	23,750,152	21,392,564	19,268,265	18,524,515
Treasury Stock	-35,517	-39,348	-3,819	-3,819	-	-
Comprehensive Income & Other	2,411,307	1,981,520	692,876	130,586	-452,106	-1,251,778
Total Common Equity	33,752,942	31,666,881	28,761,897	25,842,019	23,053,608	21,510,370
Minority Interest	2,449,463	1,730,609	2,865,445	3,008,176	3,672,237	3,981,962
Shareholders' Equity	36,202,405	33,397,490	31,627,342	28,850,195	26,725,845	25,492,332
Total Liabilities & Equity	543,705,197	498,004,936	480,474,396	447,183,871	399,081,017	361,980,724
Total Debt	89,671,485	84,020,034	85,542,517	77,696,018	68,445,598	53,213,629
Net Cash (Debt)	-32,926,780	-44,219,808	-48,667,680	-47,188,256	-34,149,804	-30,060,029
Net Cash Per Share	-44285.49	-60130.88	-66877.25	-65139.60	-47281.37	-43851.98
Filing Date Shares Outstanding	742.54	751.9	728.06	728.06	722.27	722.27
Total Common Shares Outstanding	742.54	751.9	728.06	728.06	722.27	722.27
Book Value Per Share	40190.09	37313.37	35229.94	32343.07	29294.18	28400.59
Tangible Book Value	32,936,204	30,912,130	28,125,410	25,264,341	22,470,404	20,891,453
Tangible Book Value Per Share	39090.16	36309.57	34355.72	31549.62	28486.72	27543.68

Source: S&P Capital IQ. Banks template. Financial Sources.