15th Nov 2007 10:34
Daishin Securities Co., Ltd.15 November 2007 Company Daishin Securities Co.,Ltd.Headline Interim ResultsReleased November 15, 2007 Daishin Securities Co.,Ltd. Non-Consolidated Balance Sheets September 30, 2007 and March 31, 2007 (in miilions of Korean won) 2007. 9.30 2007. 3.31AssetsCash and Deposits 953,086 800,684Securities 3,295,113 2,890,464Derivative 559,190 215,317Loans 697,472 620,635Property and Equipment 585,497 586,667Other Assets 148,965 202,573 _________ _________Total Assets 6,239,323 5,316,341 _________ _________LiabilitiesDeposits, Net 1,066,268 899,292Borrowings, Net 3,363,837 2,746,424Other Liabilities 222,852 148,890 _________ _________Total Liabilities 4,652,957 3,794,606 _________ _________Stockholders' EquityCapital Stock 384,867 384,867Capital Surplus 655,920 655,920Capital Adjustments (41,892) (11,875)Accumulated Other Comprehensive Income 54,905 143Retained Earnings or Accumulated Deficit 532,565 492,680 _________ _________Total Stockholders Equity 1,586,365 1,521,735 _________ _________Total Liabilities and Stockholders Equity 6,239,323 5,316,341 _________ _________ Daishin Securities Co.,Ltd. Non-Consolidated Statements of Income Three-Month & Six-Month Periods ended September 30, 2007 and 2006 (in miilions of Korean won) 2007 2006 3 Months 6 Months 3 Months 6 MonthsOperating Revenues ________ ________ ________ ________ Commission Income 119,721 237,305 66,742 159,422 Gains on Sale and Assessment of Securities 138,498 323,861 174,184 239,242 Gains on Derivative Transactions 337,128 658,215 3,871 37,242 Interest Income 40,961 75,954 24,007 47,826 Gain on Sale and Assessment of Loans 7,272 4,009 0 0 Revenues on Foreign Exchange 0 85 13 0 Other Operating Revenues 11,137 22,455 9,058 19,690 _______ _________ _______ _______ 654,716 1,321,884 277,875 503,421 _______ _________ _______ _______Operating Expense Commissions Expenses 7,952 15,265 4,558 10,257 Losses on sale & valuation of Financial 394,823 790,675 137,209 144,633Instruments Losses on Derivatives Transactions 77,536 169,883 38,675 128,925 Interest Expenses 23,804 42,653 10,953 18,938 Losses on Sale and Assessment of Loans 0 0 294 866 Expenses on Foreign Exchange 22 32 0 0 Selling and Administrative Expenses 75,557 144,406 59,964 123,573 Other Operating Expenses 673 2,419 227 227 _______ _________ _______ _______ 580,367 1,165,333 251,881 427,419 _______ _________ _______ _______ Operating Income 74,349 156,551 25,994 76,003 _______ _________ _______ _______ Non-Operating Revenues Gains on Sale of Property, Plant and Equipment 212 10,380 9,018 9,031 Rental income 3,353 6,543 3,121 6,339 Gains on Valuation of Equity Method Securities 114 539 256 504 Gains on recovery of writes-offs 2 18 4 15 Other Non-Operating Revenues 261 2,122 253 435 _______ _________ _______ _______ 3,942 19,602 12,652 16,324 _______ _________ _______ _______Non-Operating Expenses Losses on Sale of Property, Plant and Equipment 205 210 3,232 3,243 Donations 87 230 98 108 Other Non-Operating Expenses 3,261 11,939 41 118 _______ _________ _______ _______ 3,553 12,379 3,371 3,469 _______ _________ _______ _______ Income Before Income Taxes Expenses 74,738 163,774 35,276 88,857Income Taxes Expenses 20,706 46,450 11,825 26,494 _______ _________ _______ _______Net Income 54,032 117,324 23,451 62,363 _______ _________ _______ _______Earnings Per Share (in Korean won) Basic Earnings or Net Loss Per Share 707 1,529 314 838 _______ _________ _______ _______ Diluted Earnings or Losses Per Share 707 1,529 314 838 _______ _________ _______ _______ Daishin Securities Co.,Ltd. Non-Consolidated Statements of Cash Flows Six-Month Periods ended September 30, 2007 and 2006 (in miilions of Korean won) 2007 2006Cash Flows from Operating Activities Net Income or Loss 117,324 62,363 Additions of Expenses of Non-Cash Transactions 975,701 291,013 Deduction of Revenues of Non-Cash Transactions (1,016,782) (304,016) Change in Assets and Liabilities Resulting from Operating Activities (473,274) (397,419) __________ _________ (397,031) (348,059) __________ _________Cash Flows from Investing Activities Cash Inflows from Investing Activities 33,682 119,215 Cash Outflows from Investing Activities (39,475) (57,405) __________ _________ (5,794) 61,810 __________ _________Cashflows from Financing Activities Cash Inflows from Financing Activities 596,415 374,099 Cash Outflows from Financing Activities (149,532) (83,762) __________ _________ 446,883 290,337 __________ _________ Increase or Decrease in Cash and Cash Equivalents 44,058 4,087 __________ _________ Cash and Cash Equivalent at Beginning 85,889 42,378 __________ _________ Cash and Cash Equivalent at End 129,947 46,465 __________ _________ Daishin Securities Co.,Ltd. Non-Consolidated Statements of Shareholders' Equity Six-Month Periods ended September 30, 2007 (in miilions of Korean won) Capital Capital Capital Accumulated Retained Total Stock Surplus Adjustments Other Earnings Equity Comprehen- sive Income Shareholders' Equity, 384,867 655,920 (11,875) (1,838) 494,662 1,521,735 April 1, 2007 Accumulated Effect of 0 0 0 1,981 (1,981) 0 Accounting Policy Change Retained Earnings After 0 0 0 0 492,680 1,521,735 Prior Period Adjustments Dividends 0 0 0 0 (77,439) (77,439) Retained Earnings 0 0 0 0 415,241 1,444,296After Appropriations Purchase of Treasury Stock 0 0 (30,016) 0 0 (30,016) Gains on Valuation of 0 0 0 55,237 0 55,237Available for Sale Losses on Valuation of 0 0 0 (475) 0 (475)Available for SaleSecurities Net Income or Loss 0 0 0 0 117,324 117,324 ________ _______ ________ ______ _______ ________ Shareholders' Equity, 384,867 655,920 (41,892) 54,905 532,565 1,586,365September 30, 2007 ________ _______ ________ ______ _______ ________ This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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