December 31, 2004

December 31, 2003

Assets

Amount

%

Amount

%

Current assets:

Cash and cash equivalents

$ 7,555,082

2

9,669,739

3

Due from Central Bank and placement to other banks

33,238,074

9

23,133,898

7

Short-term investments

29,046,889

8

24,837,424

8

Bonds purchased under agreements to resell

10,338,629

3

809,697

-

Call options — nonhedge

9,952

-

1,478

-

Futures trading margins

2,642,244

1

1,984,891

2

Margin deposits for futures contracts

21,254

-

68,489

-

Margin deposits receivable for futures contracts

7,151

-

-

-

Derivative financial instruments — assets, OTC

46,850

-

213,709

-

Deferred loss from principal-guaranteed note

65

-

-

-

Interest receivable

1,491,866

-

1,348,378

-

Margin loans

33,831,723

9

33,998,772

11

Other receivables

8,327,195

2

7,034,512

2

Other financial assets — current

1,946,872

1

1,188,214

-

Deferred income tax assets — current

485,078

-

696,256

-

Trading securities

14,048,672

4

14,343,541

5

Prepaid expenses

342,137

-

222,124

-

Total current assets

143,379,733

39

119,551,122

38

Loans and advances to customers, net

195,102,670

53

168,475,062

55

Long-term investments :

Long-term investments under equity method

2,489,366

1

2,246,359

1

Long-term investments under cost method

1,804,253

1

1,708,640

1

Long-term investments in bonds

9,123,906

3

5,218,134

2

Total long-term investments, net

13,417,525

5

9,173,133

4

Property and equipment :

Cost:

Land

2,709,312

1

2,629,706

1

Buildings

1,998,842

1

1,986,675

1

Machinery and equipment

319,217

-

681,799

-

Computer equipment

597,673

-

124,322

-

Transportation equipment

65,203

-

99,655

-

Other facilities

1,380,950

-

1,450,835

-

7,071,197

2

6,972,992

2

Less: accumulated depreciation

1,630,803

-

1,697,896

1

Prepayments for building and equipment

270,670

-

97,046

-

Total property and equipment, net

5,711,064

2

5,372,142

1

Intangible assets

1,025,776

-

740,368

-

Other assets:

Operating guarantee deposits

1,120,207

-

1,015,219

-

Settlement and clearing funds

469,780

-

463,099

-

Nonoperating assets

1,798,483

-

2,145,029

1

Refundable deposits

1,950,159

1

1,506,955

-

Nonperforming loans and overdue receivables

864,118

-

1,749,187

1

Deferred charges

529,655

-

447,323

-

Deferred pension cost

11,266

-

22,860

-

Deferred income tax assets — noncurrent

1,121,243

-

1,344,074

-

Total other assets

7,864,911

1

8,693,746

2

Brokering transaction debit balance, net

21,045

-

17,762

-

Total assets

$ 366,522,724

100

312,023,335

100

December 31, 2004

December 31, 2003

Liabilities and Stockholders' Equity

Current liabilities:

Short-term debts

$ 68,737,815

19

52,968,976

17

Deposits by Central Bank

10,987

-

7,245

-

Deposits by other banks

7,742,723

2

13,471,011

4

Stock warrant liabilities, net

63,228

-

131,618

-

Put option liabilities

8,030

-

5,454

-

Payable to customers

3,097,064

1

1,960,534

1

Derivative financial instruments — liabilities, OTC

46,900

-

192,286

-

Income taxes payable

321,527

-

-

-

Guarantee deposits received

3,361,933

1

2,432,718

1

Short sales proceeds payable

3,987,624

1

2,953,984

1

Other notes and accounts payable

5,766,728

2

5,502,213

2

Advance receipts and other current liabilities

726,309

-

576,941

-

Total current liabilities

93,870,868

26

80,202,980

26

Deposits and remittances

223,206,636

61

188,722,954

61

Subordinate financial debentures

3,534,000

1

3,534,000

1

226,740,636

62

192,256,954

62

Long-term liabilities:

Bonds payable

2,900,000

1

2,900,000

1

Accrued pension liabilities

311,290

-

319,031

-

Other long-term liabilities

199,402

-

598,899

-

Total long-term liabilities

3,410,692

1

3,817,930

1

Other liabilities:

Reserve for guarantee liabilities

78,632

-

54,027

-

Reserve for default losses

214,974

-

205,306

-

Reserve for trading losses

28,003

-

99,523

-

Reserve for bad debt

252,569

-

254,891

-

Other liabilities

32,473

-

10,114

-

Minority interest

2

-

18

-

Total other liabilities

606,653

-

623,879

-

Total liabilities

324,628,849

89

276,901,743

89

Stockholders' equity :

Common stock:

Common stock, par value $10, authorized 5,000,000 thousand shares in 2004 and 2003, issued 3,006,445 thousand shares and 2,894,445 thousand shares in 2004 and 2003, respectively

30,064,445

8

28,944,445

9

Capital surplus :

Capital surplus — additional paid-in capital

7,491,572

2

7,891,572

3

Capital surplus — treasury stock transactions

1,119,734

-

619,171

-

8,611,306

2

8,510,743

3

Retained earnings:

Legal reserve

252,588

-

3,323

-

Special reserve

375,936

-

29,911

-

Unappropriated retained earnings

3,424,842

1

2,492,645

1

4,053,366

1

2,525,879

1

Equity adjustments :

Cumulative foreign currency translation adjustments

(93,434)

-

(18,273)

-

Net loss from unrecognized pension cost

(2,127)

-

(26,726)

-

(95,561)

-

(44,999)

-

Treasury stock

(739,681)

-

(4,814,476)

(2)

Total stockholders' equity

41,893,875

11

35,121,592

11

Total liabilities and stockholders' equity

$ 366,522,724

100

312,023,335

100