1 h13 검토 eng

Hyundai Capital Services, Inc. and Subsidiaries
Condensed Consolidated Interim Financial Statements
(Unaudited)
June 30, 2013
(With Independent Auditors’ Review Report Thereon)

Contents
Page
Independent Auditors’ Review Report 1
Condensed Consolidated Interim Statements of Financial Position 3
Condensed Consolidated Interim Statements of Comprehensive Income 5
Condensed Consolidated Interim Statements of Changes in Equity 8
Condensed Consolidated Interim Statements of Cash Flows 10
Notes to the Condensed Consolidated Interim Financial Statements 11

(Based on a report originally issued in Korean)
The Board of Directors and Shareholders
Hyundai Capital Services, Inc.:
Reviewed Financial Statements
We have reviewed the accompanying
Services, Inc. and its subsidiaries
financial position as of June 30, 2013, the
three-month and six-month period ended
equity and cash flows for the six-
significant accounting policies and other explanatory information.
Management’s Responsibility
Management is responsible for the preparation and fair presentation of these
financial statements in accordance with Korean International Financial Reporting Standards (“K
Interim Financial Reporting, and for such internal control as management determines is necessary to enable the
preparation of condensed consolidated
whether due to fraud or error.
Auditors’ Review Responsibility
Our responsibility is to issue a report on these
review.
We conducted our review in accordance with the Review Standards for Quarterly & Semiannual Financial
Statements established by the Securities and Futures Commission of the Republic of Korea. A review of interim
financial information consists of making inquiries, primarily of persons responsible for financial and accounting
matters, and applying analytical and other review procedures. A review is substantially less in scope than an
audit conducted in accordance wi
consequently does not enable us to obtain assurance that we would become aware of all significant matters that
might be identified in an audit. Accordingly, we do not express an audit o
Conclusion
Based on our review, nothing has come to our attention that causes us to believe that the accompanying
consolidated interim financial statements referred to above are not prepared, in all material respects, in accordance
with K-IFRS No.1034 Interim Financial Reporting
KPMG Samjong Accounting Corp.
10th Floor, Gangnam Finance Center,
737 Yeoksam-dong,
Gangnam-ku, Seoul 135-984,
Republic of Korea
Tel
Fax
www.kr.kpmg.com
Independent Auditors’ Review Report
(Based on a report originally issued in Korean)
The Board of Directors and Shareholders
We have reviewed the accompanying condensed consolidated interim financial statements of Hyundai Capital
and its subsidiaries (the “Group”), which comprise the condensed consolidated
, 2013, the condensed consolidated statements of comprehensive income
period endeds June 30, 2013, the condensed consolidated statements of
-month period ended June 30, 2013, and notes, comprising a summary of
significant accounting policies and other explanatory information.
Management is responsible for the preparation and fair presentation of these condensed
financial statements in accordance with Korean International Financial Reporting Standards (“K
, and for such internal control as management determines is necessary to enable the
consolidated interim financial statements that are free from material misstatement,
Our responsibility is to issue a report on these condensed consolidated interim financial statements based on our
inancial information consists of making inquiries, primarily of persons responsible for financial and accounting
audit conducted in accordance with auditing standards generally accepted in the Republic of Korea and
might be identified in an audit. Accordingly, we do not express an audit opinion.
Based on our review, nothing has come to our attention that causes us to believe that the accompanying
Interim Financial Reporting.
Tel +82 (2) 2112 0100
Fax +82 (2) 2112 0101
www.kr.kpmg.com
consolidated interim financial statements of Hyundai Capital
consolidated statement of
consolidated statements of comprehensive income for the
consolidated statements of changes in
and notes, comprising a summary of
condensed consolidated interim
financial statements in accordance with Korean International Financial Reporting Standards (“K-IFRS”) No.1034
, and for such internal control as management determines is necessary to enable the
financial statements that are free from material misstatement,
financial statements based on our
inancial information consists of making inquiries, primarily of persons responsible for financial and accounting
th auditing standards generally accepted in the Republic of Korea and
Based on our review, nothing has come to our attention that causes us to believe that the accompanying condensed

ABCD
2
Other Matters
The condensed consolidated interim statements of comprehensive income for the three-month and six-month
periods ended June 30, 2012 and changes in equity and cash flows for the six-month period ended June 30, 2012,
presented for comparative purposes, were reviewed by Samil Accounting Corp. and their review report thereon,
dated August 9, 2012, expressed that nothing had come to their attention that caused them to believe that the
condensed consolidated interim financial statements as of and for the six-month period ended June 30, 2012 were
not prepared, in all material respects, in accordance with K-IFRS. However, as discussed in note 2 to the
condensed consolidated interim financial statements, from the annual period for the year ended December 31,
2012, the Group adopted the amendment to K-IFRS No.1001, ‘Presentation of Financial Statement.’ and K-IFRS
No.1019, ‘Employee Benefits.’ The Group applied this change in accounting policies retrospectively, and
accordingly restated the comparative information of the condensed consolidated interim statement of
comprehensive income for the three-month and six-month periods ended June 30, 2012.
The consolidated statement of financial position of the Group as of December 31, 2012, and the related
consolidated statements of comprehensive income, changes in equity and cash flows for the year then ended,
which are not accompanying this report, were audited by Samil Accounting Corp. in accordance with auditing
standards generally accepted in the Republic of Korea and their report thereon, dated March 19, 2013, expressed
an unqualified opinion. The accompanying consolidated statement of financial position of the Group as of
December 31, 2012, presented for comparative purposes, is not different from that audited by other auditors in all
material respects, except for the effects of changes in accounting policies discussed in note 2 to the condensed
consolidated interim financial statements.
We have not performed a review, audit or any other attestation on the accompanying condensed consolidated
statement of financial position of the Group as of December 31, 2012, including changes in accounting policies
described in note 2, and accordingly it is not included in the scope of our review.
The procedures and practices utilized in the Republic of Korea to review such condensed consolidated interim
financial statements may differ from those generally accepted and applied in other countries. Accordingly, this
report and the accompanying condensed consolidated interim financial statements are for use by those
knowledgeable about Korean review standards and their application in practice.
KPMG Samjong Accounting Corp.
Seoul, Korea
August 12, 2013
This report is effective as of August 12, 2013, the review report date. Certain subsequent events or
circumstances, which may occur between the review report date and the time of reading this report, could have
a material impact on the accompanying consolidated interim financial statements and notes thereto.
Accordingly, the readers of the review report should understand that the above report has not been updated to
reflect the impact of such subsequent events or circumstances, if any.

Condensed Consolidated Interim Statements of Financial Position
As of June 30, 2013 and December 31, 2012
(Unaudited)
3
(In millions of won) Notes
June 30,
2013
December 31,
2012
Assets
Cash and due from banks 6,21
Cash and cash equivalents W 1,095,952 1,302,161
Due from banks 14 12
1,095,966 1,302,173
Securities 3
Available-for-sale securities 6 22,106 20,283
Investments in associates 105,400 98,796
127,506 119,079
Loans receivable
Loans receivable 4,5,6,7 13,046,099 12,381,225
Allowance for loan loss (334,691) (312,829)
12,711,408 12,068,396
Installment financial assets 4,5,6,7
Auto installment financing receivables 3,063,663 3,755,497
Mortgage installment financing
receivables 12,730 16,517
Allowance for loan loss (308) (277)
3,045,867 3,738,530
Lease receivables 4,5,6,7
Finance lease receivables 2,958,186 2,804,929
Cancelled lease receivables 622 493
2,958,808 2,805,422
Leased assets
Operating leased assets 1,087,129 1,123,049
Cancelled leased assets 3,449 4,230
1,090,578 1,127,279
Property and equipment, net 8 247,083 323,478
Other assets 5
Intangible assets 9 63,652 64,163
Non-trade receivables 6 144,015 117,837
Accrued revenues 6 117,911 116,330
Advance payments 11 40,669 19,846
Prepaid expenses 78,954 57,438
Leasehold deposits 31,363 31,117
Derivative assets 6,13 95,226 34,915
552,512 422,906
Total assets W 21,829,728 21,907,263
See accompanying notes to the condensed consolidated interim financial statements.

Hyundai Capital Services, Inc.
Condensed Consolidated Interim Statements of Financial Position, Continued
As of June 30, 2013 and December 31, 2012
(Unaudited)
4
(In millions of won) Notes
June 30,
2013
December 31,
2012
Liabilities
Borrowings 6,10
Borrowings W 1,960,856 2,213,252
Bonds 15,038,711 14,802,390
16,999,567 17,015,642
Other liabilities
Non-trade payables 6 307,731 340,436
Accrued expenses 6 152,778 159,742
Unearned revenue 46,110 51,832
Withholdings 6 28,585 38,343
Income Taxes Payable 73,813 70,888
Defined benefit liability 11 16,231 12,988
Leasehold deposits received 6 747,760 812,975
Deferred income tax liabilities 46,556 59,899
Provisions 12 2,010 2,017
Derivative liabilities 6,13 174,789 302,750
1,596,363 1,851,870
Total liabilities 18,595,930 18,867,512
Equity
Issued capital 496,537 496,537
Capital surplus
Paid-in capital in excess of par value 369,339 369,339
Other share premium 38,200 38,200
407,539 407,539
Accumulated other comprehensive income
and loss
20
Unrealized gain on valuation of available-
for-sale securities 2,063 1,002
Accumulated comprehensive income (loss) of
equity method investees 735 (2,540)
Unrealized gain (loss) on valuation of
derivatives
13
(56,203) 2,125
Cumulative effect of overseas operation
translations (1,801) (872)
Loss on actuarial valuation (12,482) (13,147)
(67,508) (13,432)
Retained earnings 14 2,397,151 2,148,998
Total equity attributable to owners of
the Company 3,233,719 3,039,642
Non-controlling interests 79 109
Total equity 3,233,798 3,039,751
Total liabilities and equity W 21,829,728 21,907,263

Condensed Consolidated Interim Statements of Comprehensive Income
For the three and six-month periods ended June 30, 2013 and 2012
(Unaudited)
5
(In millions of won, except earnings per
share information) Notes 2013 2012
Three-
month
period
ended
Six-
month
period
ended
Three-
month
period
ended
Six-
month
period
ended
Operating revenue
Interest income 15
Interest on bank deposits W 7,318 15,083 11,792 24,394
Other interest income 361 724 1,388 1,431
7,679 15,807 13,180 25,825
Gain on valuation and disposal
of securities 473 1,395 428 1,776
Income on loans 15,16 381,768 757,811 372,998 746,409
Income on installment financial
receivables
15,16
56,653 123,301 93,416 195,241
Income on leases 15,16 225,048 453,076 225,674 446,927
Gain on disposal of loans 8,181 11,320 28,807 53,619
Gain on foreign currency
transactions
Gain on foreign exchanges
translation 27,527 49,777 (18,937) 66,990
Gain on foreign currency
transactions 318 1,044 6,598 18,812
27,845 50,821 (12,339) 85,802
Dividend income 230 2,588 - 2,831
Other operating income
Gain on valuation of
derivatives 140,827 314,663 (32,913) 15,961
Gain on derivatives
transactions 13,754 15,891 3,456 3,456
Others 51,987 88,796 35,835 66,063
206,568 419,350 6,378 85,480
Total operating revenue W 914,445 1,835,469 728,542 1,643,910

Condensed Consolidated Interim Statements of Comprehensive Income, Continued
(Unaudited)
6
Three-
month
period
ended
Six-
month
period
ended
Three-
month
period
ended
Six-
month
period
ended
Operating expenses
Interest expenses 15 W (198,375) (402,389) (225,476) (454,930)
Lease expenses 16 (123,216) (251,045) (128,779) (252,746)
Provision for loss 5 (103,026) (203,956) (96,711) (179,708)
Loss on foreign currency
transactions
Loss on foreign exchange
translation (141,019) (315,059) 32,908 (15,968)
Loss on foreign currency
transactions (13,612) (15,541) (3,456) (3,456)
(154,631) (330,600) 29,452 (19,424)
General and administrative
expenses 17 (161,022) (315,302) (145,921) (282,329)
Other operating expenses
Loss on valuation of
derivatives (27,293) (49,153) 18,940 (66,989)
Loss on derivatives
transactions (331) (1,285) (6,612) (18,834)
Others (14,829) (31,229) (22,971) (37,635)
(42,453) (81,667) (10,643) (123,458)
Total operating expenses (782,723) (1,584,959) (578,078) (1,312,595)
Operating income 131,722 250,510 150,464 331,315
Non-operating income
(expense) (1,593) 88,850 3,109 6,237
Non-operating expenses (1,051) (4,201) (819) (1,658)
Profit before income taxes 129,078 335,159 152,754 335,894
Income tax expense 18 (33,775) (87,006) (36,334) (90,600)
Profit for the period W 95,303 248,153 116,420 245,294
Profit for the period
attributable to:
Owners of the Company W 95,303 248,153 116,420 245,294
Non-controlling interests - - - -
95,303 248,153 116,420 245,294

Condensed Consolidated Interim Statements of Comprehensive Income, Continued
(Unaudited)
7
Three-
month
period
ended
Six-
month
period
ended
Three-
month
period
ended
Six-
month
period
ended
Other comprehensive
income(loss), net of income
taxes 20
Items that will not be
reclassified to profit or loss:
Gain (loss) on actuarial
valuation W 2,124 665 (1,150) (954)
Items that are or may be
reclassified subsequently to
profit or loss:
Net change in unrealized fair
value of available-for-sale
financial securities 818 1,060 (56) 587
Other comprehensive expense
of equity method investees 2,136 3,275 (648) (670)
value of derivatives (38,410) (58,147) 29,628 56,361
Effect of overseas operation
translations (1,021) (929) (293) (443)
Total other comprehensive
income (loss), net of income
tax (34,353) (54,076) 27,481 54,881
Total comprehensive income
for the period W 60,950 194,077 143,901 300,175
attributable to:
Owners of the Company W 60,950 194,077 143,901 300,175
Non-controlling interests - - - -
W 60,950 194,077 143,901 300,175
Earnings per share 19
Basic and diluted earnings per
share W 960 2,499 1,172 2,470

Condensed Consolidated Interim Statements of Changes in Equity
For the six-month periods ended June 30, 2013 and 2012
(Unaudited)
8
(In millions of won)
Issued
capital
Capital
surplus
Accumulated
other
comprehensive
loss
Retained
earnings
Total
Attributable
to Equity
holders of the
Company
Non-
controlling
interests
Total
equity
Balances as of January 1, 2012
(Restated) W 496,537 407,539 (59,339) 1,811,642 2,656,379 109 2,656,488
Profit for the period - - - 245,294 245,294 - 245,294
Other comprehensive income
securities - - 587 - 587 - 587
of equity method investees - - (22) - (22) - (22)
value derivatives - - 26,733 - 26,733 - 26,733
translations - - (670) - (670) - (670)
Gain on actuarial valuation - - 196 - 196 - 196
Total comprehensive income for
the period - - 54,881 245,294 300,175 - 300,175
Balances as of June 30, 2012 W 496,537 407,539 (4,458) 2,056,936 2,956,554 109 2,956,663

Condensed Consolidated Interim Statements of Changes in Equity, Continued
(Unaudited)
9
Issued
capital
Capital
surplus
Accumulated
other
comprehensive
loss
Retained
earnings
Total
Attributable
to Equity
holders of the
Company
Non-
controlling
interests
Total
equity
Balances as of January 1, 2013
(Restated) W 496,537 407,539 (13,432) 2,148,998 3,039,642 109 3,039,751
Total comprehensive income (loss)
Profit for the period - - - 248,153 248,153 - 248,153
securities - - 1,060 - 1,060 - 1,060
of equity method investees - - 3,275 - 3,275 - 3,275
value derivatives - - (58,147) - (58,147) - (58,147)
translations - - (929) - (929) - (929)
Loss on actuarial valuation - - 665 - 665 - 665
Total comprehensive income(loss)
for the period - - (54,076) 248,153 194,077 - 194,077
Transactions with owners
Liquidation of special purpose
entity - - - - - (30) (30)
Balances as of June 30, 2013 W 496,537 407,539 (67,508) 2,397,151 3,233,719 79 3,233,798

Condensed Consolidated Interim Statements of Cash Flows
(Unaudited)
10
(In millions of won) Notes 2013 2012
Cash flows from operating activities
Cash generated from operations 21 W 342,198 783,088
Interest received 16,662 29,334
Interest paid (368,355) (415,164)
Dividends received 2,588 2,831
Income taxes paid (46,431) (79,537)
Net cash provided by (used in) operating activities (53,338) 320,552
Cash flows from investing activities
Liquidation of special purpose entity (30) -
Dividends from associates 533 733
Acquisition of investments in associates (2,552) (10,850)
Acquisition of land (1,981) (38,113)
Proceeds from disposal of land 114,486 -
Acquisition of building - (22,053)
Proceeds from disposal of building 60,946 -
Proceeds from disposal of structures 2,469 -
Proceeds from disposal of vehicles 183 57
Acquisition of vehicles (256) (2,337)
Proceeds from disposal of fixtures and furniture 102 -
Acquisition of fixtures and furniture (4,262) (8,391)
Acquisition of other tangible assets (48) (39)
Proceeds from disposal of other tangible assets 75 -
Increase in construction in progress (24,612) (2,317)
Proceeds from disposal of intangible assets (5,287) (1,170)
Decrease in leasehold deposits 3,489 3,032
Increase in leasehold deposits (3,010) (773)
Net cash provided by (used in) investing activities 140,245 (82,221)
Cash flows from financing activities
Proceeds from borrowings 1,270,000 1,238,225
Repayments of borrowings (1,526,500) (1,325,000)
Issuance of bonds 1,898,288 2,406,025
Repayments of bonds (1,934,906) (2,444,732)
Net cash used in financing activities (293,118) (125,482)
Effect of exchange rate fluctuations on cash and cash
equivalents held 2 (8)
Net increase (decrease) in cash and cash equivalents (206,209) 112,841
Cash and cash equivalents at beginning of period 1,302,161 1,455,433
Cash and cash equivalents at end of period W 1,095,952 1,568,274

Notes to the Condensed Consolidated Interim Financial Statements
June 30, 2013
(Unaudited)
11
1. Reporting Entity
Hyundai Capital Services, Inc. (the “Company”) was established on December 22, 1993, to engage in installment
financing, facilities leasing and new technology financing. The Company changed its trade name from Hyundai
Auto Finance Co., Ltd. to Hyundai Financial Services Co. on April 21, 1995, and changed its trade name once
again to Hyundai Capital Services, Inc. on December 30, 1998. In accordance with the Monopoly Regulation and
Fair Trade Act, the Company is incorporated into Hyundai Motor Company Group. As of June 30, 2013, the
Company’s operations are headquartered in Yeouido, Seoul. Its major shareholders are Hyundai Motor
Company and GE International Holdings Corporation with 56.47% and 43.30% ownership, respectively.
The condensed consolidated interim financial statements included the accounts of the Company, as the parent
company, certain Autopia SPC trusts and other subsidiaries (collectively, the “Group”), while HK Mutual
Savings Bank and five other entities are associates.
Subsidiaries as of June 30, 2013 and December 31, 2012, are as follows. The Group has the substantial power
over the subsidiaries established as special purpose entities for asset securitization even though its ownership
interests over the subsidiaries do not exceed 50%.
Location
Ratio of
ownership June 30, 2013 December 31, 2012
Special
Purpose
Entities
Korea 0.9% Autopia Thirty-fifth SPC (trust) Autopia Thirty-fifth SPC (trust)
Autopia Thirty-sixth SPC (trust) Autopia Thirty-sixth SPC (trust)
- Autopia Thirty-seventh SPC (trust)
- Autopia Thirty-ninth SPC (trust)
- Autopia Fortieth SPC (trust)
Autopia Forty-second SPC (trust) Autopia Forty-second SPC (trust)
Autopia Forty-third SPC (trust) Autopia Forty-third SPC (trust)
Autopia Forty-fourth SPC (trust) Autopia Forty-fourth SPC (trust)
Autopia Forty-fifth SPC (trust) Autopia Forty-fifth SPC (trust)
Autopia Forty-sixth SPC (trust) Autopia Forty-sixth SPC (trust)
Autopia Forty-seventh SPC (trust) Autopia Forty-seventh SPC (trust)
HB third SPC HB third SPC
0.5% Autopia Forty-ninth SPC (trust) Autopia Forty-ninth SPC (trust)
Autopia Fiftieth SPC (trust) -
Stock
Company
Germany 100% Hyundai Capital Europe GmbH (*) Hyundai Capital Europe GmbH (*)
India Hyundai Capital India Private
Limited
Hyundai Capital India Private
Limited
Brasil Hyundai Capital Brasil LTDA -
(*) It holds 100% shares of Hyundai Capital Services Limited Liability Company.
1. Reporting Entity, Continued

June 30, 2013
(Unaudited)
12
Subsidiaries that are included and excluded from the Group’s consolidated interim financial statement are as
follows:
Change Reason Subsidiaries
Included Establishment Hyundai Capital Brasil LTDA
Autopia Fiftieth SPC (trust)
Excluded Liquidation Autopia Thirty-seventh SPC (trust)
Autopia Thirty-ninth SPC (trust)
Autopia Fortieth SPC (trust)
2. Accounting Policies
2.1 Basis of Preparation
(1) Statement of compliance
These condensed consolidated interim financial statements were prepared in accordance with K-IFRS (No. 1034
Interim Financial Reporting) as part of the period covered by the Group’s K-IFRS consolidated annual financial
statements, and do not include all of the disclosures required for full consolidated annual financial statements.
Selected explanatory notes are included to explain events and transactions that are significant to an understanding
of the changes in financial position and performance of the Group since the last annual consolidated financial
statements were prepared as of and for the year ended December 31, 2012.
These condensed consolidated interim financial statements have been prepared in accordance with the Korean
IFRS standards and interpretations issued and effective or issued and early adopted as of June 30, 2013.
(2) Use of estimates and judgements
The preparation of the financial statements in conformity with K-IFRS requires management to make judgments,
estimates and assumptions that affect the application of accounting policies and the reported amounts of assets,
liabilities, income and expenses. Actual results may differ from these estimates.
In preparing these condensed consolidated interim financial statements, the significant judgments made by
management in applying the Group’s accounting policies and the key sources of estimation uncertainty were the
same as those that were applied to the consolidated financial statements as of and for the year ended December
31, 2012.

June 30, 2013
(Unaudited)
13
2. Accounting Policies, Continued
2.2 Significant Accounting Policies
(1) Changes in accounting policies
Except as described below, the accounting policies applied by the Group in these condensed consolidated
interim financial statements are the same as those applied by the Group in its consolidated financial statements
as of and for the year ended December 31, 2012. The following changes in accounting policies are also
expected to be reflected in the Group’s consolidated financial statements as at and for the year ending December
31, 2013.
(i) Amendments to K-IFRS No. 1001 Presentation of Financial Statements
The amendments require presenting items in other comprehensive income on the basis of whether they are
potentially reclassifiable to profit or loss subsequently (reclassification adjustments). The standards are
effective for annual periods beginning on or after January 1, 2013.
(ii) K-IFRS No. 1110 Consolidated Financial Statements
The standard outlines the requirements for the preparation and presentation of consolidated financial
statements, requiring entities to consolidate entities it controls. Control requires exposure or rights to
variable returns and the ability to affect those returns through power over an investee. The standards are
effective for annual periods beginning on or after January 1, 2013.
(iii) K-IFRS No. 1112 Disclosure of Interests in Other Entites
The standard brings together into a single standard for all the disclosure requirements about an entity’s
interests in subsidiaries, joint arrangements, associates and unconsolidated structured entities. The
standard requires the disclosure of information about the nature, risks and financial effects of these interests.
The standards are effective for annual periods beginning on or after January 1, 2013.
(iv) Amendments to K-IFRS No. 1019 Employee Benefits
The standard requires recognition of actuarial gains and losses immediately in other comprehensive income
and to calculate expected return on plan assets based on the rate used to discount the defined benefit
obligation. The standard will be applied retrospectively for the Group’s annual periods beginning on or after
January 1, 2013.
(v) K-IFRS No. 1113 Fair Value Measurement
The standard defines fair value and a single framework for fair value, and requires disclosures about fair
value measurements. The standard will be applied prospectively for the Group’s annual periods beginning
on or after January 1, 2013.

June 30, 2013
(Unaudited)
14
(2) Impact of change in accounting policies
(i) Amendments to K-IFRS No. 1019 Employee Benefits
The impact of amendments to K-IFRS No. 1019 Employee Benefits is as follows:
The following table summarises the adjustments made to the Group's statements of financial position at
December 31, 2012.
December 31, 2012
As previously
reported Amendments As restated
Accumulated other comprehensive loss W (285) (13,147) (13,432)
Retained earnings 2,135,851 13,147 2,148,998
The following table summarises the adjustments made to the Group’s statements of comprehensive income
for the six-month period ended June 30, 2012.
June 30, 2012
As previously
General and administrative expenses W 283,587 (1,258) 282,329
Income taxes 90,296 304 90,600
Other comprehensive income 55,835 (954) 54,881
(ii) Amendments to K-IFRS No. 1001 Presentation of Financial Statements
The Group retrospectively applied the amendment to K-IFRS No. 1001 Presentation of Financial
Statements, for which the impact is as follows:
June 30, 2012
As previously
Other operating income W 67,641 (1,578) 66,063
Other operating expenses 39,293 (1,658) 37,635
Gain on disposal of property and
equipment - 30 30
Miscellaneous revenues - 1,548 1,548
Loss on disposal of property and
equipment - 364 364
Donation - 996 996
Miscellaneous losses - 298 298

June 30, 2013
(Unaudited)
15
(3) New standards and interpretations not yet adopted
The following new standards, interpretations and amendments to existing standards have been published that are
mandatory for the Group for annual periods beginning after January 1, 2013, and the Group has not early adopted
them.
(i) K-IFRS No. 1032 Financial Instruments: Presentation
The amendments address inconsistencies in current practice when applying the offsetting criteria in K-IFRS
No. 1032 Financial Instrument: Presentation. The amendments clarify the meaning of ‘currently has a
legally enforceable right of set-off’ The amendments are effective for annual periods beginning on or after
January 1, 2014 and are required to be applied retrospectively.
3. Securities
Securities as of June 30, 2013 and December 31, 2012, are as follows:
2013 2012
Available-for-sale securities
Equity securities
Marketable equity securities W 8,760 6,856
Unlisted equity securities 10,712 11,165
19,472 18,021
Debt securities
Government and public bonds 2,634 2,262
22,106 20,283
Investments in associates 105,400 98,796
W 127,506 119,079

June 30, 2013
(Unaudited)
16
3. Securities, Continued
3.1 Available-for-sale securities
Available-for-sale securities as of June 30, 2013 and December 31, 2012, are as follows:
(1) Marketable equity securities
Book value
Number of
shares
Ownership
(%)
Acquisition
cost 2013 2012
Marketable equity securities
NICE Information Service 1,365,930 2.25 W 3,312 3,893 3,729
NICE Holdings 491,620 1.30 3,491 4,867 3,127
Unlisted equity securities
Hyundai Finance Corp. (*) 1,700,000 9.29 9,888 10,564 11,065
Korean Egloan, Inc. 4,000 3.12 100 100 100
Golfclub Lich AG 14 0.59 60 48 -
W 16,851 19,472 18,021
(*) The fair value for Hyundai Finance Corp. was valued as the average of valuation prices provided by two
external appraisers, KIS Pricing Inc. and Korea Asset Pricing, using the discounted cash flow model. The
five-year financial statements, projected based on past performance, were used in measuring the fair value
assuming that the operational structure will remain as is for the next five years. Operating income and
expenses were estimated based on the past performance, business plan and expected market conditions.
(2) Debt securities
Book value
Issuer
Interest rate
(%)
Acquisition
cost 2013 2012
Government and public bonds
Metropolitan
Rapid Transit
and others 2.5 W 2,546 2,634 2,262

June 30, 2013
(Unaudited)
17
3.2 Investments in associates
(1) Details of investments in associates as of June 30, 2013 and December 31, 2012, are as follows:
2013
Number of
shares
Ownership
(%)
Acquisition
cost
Net asset
value
Book
value
HK Mutual Savings Bank (*) 4,990,438 19.99 W 45,719 38,369 50,617
HI Network, Inc.(*) 13,332 19.99 76 439 439
Korea Credit Bureau(*) 140,000 7.00 3,800 3,001 4,038
Hyundai capital Germany GmbH 600,200 30.01 1,065 1,441 1,441
Hyundai Capital UK Ltd. 7,497,500 29.99 13,401 9,831 9,831
Beijing Hyundai Auto
Finance Co., Ltd. - 46.00 41,085 39,034 39,034
W 105,146 92,115 105,400
2012
Number of
shares
Ownership
(%)
Acquisition
cost
Net asset
value
Book
value
HK Mutual Savings Bank (*) 4,990,438 19.99 W 45,719 38,922 51,170
HI Network, Inc.(*) 13,332 19.99 76 861 861
Korea Credit Bureau(*) 140,000 7.00 3,800 2,948 3,985
Hyundai capital Germany GmbH 600,200 30.01 1,065 1,183 1,183
Hyundai Capital UK Ltd. 7,497,500 29.99 10,850 6,197 6,197
Finance Co., Ltd. - 46.00 41,085 35,400 35,400
W 102,595 85,511 98,796
(*) The Group’s shareholdings are less than 20%. However, the Group is able to significantly exert influence
through its involvement in the financial and operating processes, and thus the equity method is applied.

June 30, 2013
(Unaudited)
18
(2) Changes of investments in associates for the six-month periods ended June 30, 2013 and 2012 are as follows:
2013
Beginning
balance
Acquisi
-tion
Gain on
valuation
Changes in
accumulated
other
comprehen
-sive
Gain(loss) Dividends
Ending
balance
HK Mutual Savings
Bank W 51,170 - (436) (117) - 50,617
HI Network, Inc. 861 - 570 - (533) 439
Korea Credit Bureau 3,985 - 53 - - 4,038
Hyundai Capital
Germany GmbH 1,183 - 182 76 - 1,441
Hyundai Capital UK
Ltd. 6,197 2,552 896 186 - 9,831
Finance Co., Ltd. 35,400 - 504 3,130 - 39,034
W 98,796 2,552 1,310 3,275 (533) 105,400
2012
Beginning
balance
Acquisi
-tion
Gain on
valuation
Changes in
accumulated
other
comprehen
-sive Loss Dividends
Ending
balance
HK Mutual Savings
Bank W 45,735 - 4,139 (414) - 49,460
HI Network, Inc. 1,003 - 100 - (733) 570
Korea Credit Bureau 3,965 - 220 (256) - 3,929
Hyundai Capital
Germany GmbH 1,065 - - - - 1,065
Hyundai Capital UK
Ltd. - 10,850 - - - 10,850
W 51,768 10,850 4,659 (670) (733) 65,874
(3) Goodwill related to associates as of June 30, 2013 and December 31, 2012, are as follows:
2013 2012
HK Mutual Savings Bank W 12,248 12,248
Korea Credit Bureau 1,037 1,037
W 13,285 13,285

June 30, 2013
(Unaudited)
19
(4) Summary of financial information of investees as of June 30, 2013 and December 31, 2012, for assets and
liabilities, and for the six-month periods ended June 30, 2013 and 2012, for revenue and income, follows:
2013
Assets Liabilities
Operating
revenue
Profit (loss)
for the
period
HK Mutual Savings Bank (*) W 2,540,276 2,348,431 218,867 (2,181)
HI Network, Inc. 4,916 2,720 7,953 694
Korea Credit Bureau 52,743 9,872 20,810 1,278
Hyundai Capital Germany GmbH 5,590 791 1,230 442
Hyundai Capital UK Ltd. 965,060 932,278 22,124 2,985
Beijing Hyundai Auto Finance Co., Ltd. 331,981 247,124 8,825 (1,213)
(*) Although HK Mutual Savings Bank’s fiscal year is from July 2012 to June 2013, the asset and liability
amounts are as of June 30, 2013, and its operating revenue and profit for the period amounts are from
January 1, 2013 to June 30, 2013.
2012
Assets Liabilities
Operating
revenue
Profit for
the period
HK Mutual Savings Bank (*) W 2,655,804 2,461,195 195,441 20,694
HI Network, Inc. 7,629 3,322 8,921 1,619
Korea Credit Bureau 55,944 13,834 22,500 3,649
Hyundai Capital Germany GmbH 4,524 581 1,171 503
Hyundai Capital UK Ltd. 596,343 575,678 - -
Beijing Hyundai Auto Finance Co., Ltd. 82,723 3,546 - -
(*) Although HK Mutual Savings Bank’s fiscal year is from July 2011 to June 2012, the asset and liability
amounts are as of December 31, 2012, and its operating revenue and profit for the period amounts are from
January 1, 2012 to June 30, 2012.

June 30, 2013
(Unaudited)
20
4. Financial Receivables
Financial receivables as of June 30, 2013 and December 31, 2012, are as follows:
2013
Principal
Deferred loan
origination fees
and costs
(Direct profit for
leased assets)
Present
value
discounts
Allowance
for doubtful
accounts
Carrying
amount
Loans receivable
Loan W 13,105,235 (57,921) (1,215) (334,691) 12,711,408
Installment financial
assets
Auto 3,077,775 (14,113) - (30,218) 3,033,444
Durable goods 1 - - - 1
Mortgage 12,709 21 - (308) 12,422
3,090,485 (14,092) - (30,526) 3,045,867
Lease receivables
Finance lease
receivables 2,911,293 85,215 - (38,322) 2,958,186
Cancelled lease
receivables 9,228 - - (8,606) 622
2,920,521 85,215 - (46,928) 2,958,808
W 19,116,241 13,202 (1,215) (412,145) 18,716,083

June 30, 2013
(Unaudited)
21
4. Financial Receivables, Continued
2012
Principal
Deferred loan
origination fees
and costs
(Direct profit for
leased assets)
Present
value
discounts
Allowance
for doubtful
accounts
Carrying
amount
Loans receivable
Loan W 12,498,483 (115,800) (1,458) (312,829) 12,068,396
Installment financial
assets
Auto 3,798,433 (42,936) - (33,207) 3,722,290
Durable goods 1 - - - 1
Mortgage 16,486 30 - (277) 16,239
3,814,920 (42,906) - (33,484) 3,738,530
Lease receivables
Finance lease
receivables 2,838,134 (782) - (32,423) 2,804,929
Cancelled lease
receivables 6,951 - - (6,458) 493
2,845,085 (782) - (38,881) 2,805,422
W 19,158,488 (159,488) (1,458) (385,194) 18,612,348

June 30, 2013
(Unaudited)
22
5. Allowance for Loan Loss
Changes in allowance for doubtful accounts for the six-month periods ended June 30, 2013 and 2012, are as
follows:
2013
Loan
receivables
Installment
financial
assets
Lease
receivables Other assets Total
Beginning balance W 312,829 33,484 38,881 18,740 403,934
Amounts written off (203,492) (20,537) (518) (3,446) (227,993)
Recoveries of amounts
previously written off 45,939 5,264 72 5,127 56,402
Unwinding of discount (3,962) (222) (133) - (4,317)
Others 44 (8) (595) - (559)
Additional (reversed)
allowance 183,333 12,545 9,221 (1,143) 203,956
Ending balance W 334,691 30,526 46,928 19,278 431,423
2012
Loan
receivables
Installment
financial
assets
Lease
receivables Other assets Total
Beginning balance W 281,184 38,130 25,563 17,284 362,161
Amounts written off (206,813) (21,432) (15) (3,607) (231,867)
Recoveries of amounts
previously written off 43,222 5,288 241 4,150 52,901
Unwinding of discount (3,733) (140) (96) - (3,969)
Additional (reversed)
allowance 165,471 9,147 5,385 (296) 179,707
Ending balance W 279,331 30,993 31,078 17,531 358,933

June 30, 2013
(Unaudited)
23
6. Financial Instruments
The fair values of financial instruments as of June 30, 2013 and December 31, 2012, are as follows:
2013 2012
Book value Fair value Book value Fair value
Assets
Financial assets
Cash and due from banks W 1,095,966 1,095,966 1,302,173 1,302,173
Available-for-sale securities 22,106 22,106 20,283 20,283
Loans receivable 12,711,408 12,936,443 12,068,396 12,265,070
Installment financial assets 3,045,867 3,093,566 3,738,530 3,775,052
Lease receivables 2,958,808 2,915,682 2,805,422 2,781,545
Derivative assets 95,226 95,226 34,915 34,915
Other assets 274,011 273,825 246,545 246,707
W 20,203,392 20,432,814 20,216,264 20,425,745
Liabilities
Financial liabilities
Borrowings W 1,960,856 1,975,008 2,213,252 2,232,707
Bonds 15,038,711 15,335,894 14,802,390 15,418,078
Derivative liabilities 174,789 174,789 302,750 302,750
Other liabilities 1,207,231 1,211,600 1,311,636 1,320,854
W 18,381,587 18,697,291 18,630,028 19,274,389

June 30, 2013
(Unaudited)
24
6. Financial Instruments, Continued
The fair value hierarchy of financial assets and liabilities carried at fair value as of June 30, 2013 and December
31, 2012, are as follows:
2013
Book value
Fair
value
Fair value hierarchy (*)
Level 1 Level2 Level 3
Financial assets
Available-for-sale securities W 22,106 22,106 8,760 2,634 10,712
Derivative assets 95,226 95,226 - 95,226 -
117,332 117,332 8,760 97,860 10,712
Derivative liabilities W 174,789 174,789 - 174,789 -
2012
Book value
Fair
value
Fair value hierarchy (*)
Level 1 Level2 Level 3
Financial assets
Available-for-sale securities W 20,283 20,283 6,856 2,262 11,165
Derivative assets 34,915 34,915 - 34,915 -
55,198 55,198 6,856 37,177 11,165
Derivative liabilities W 302,750 302,750 - 302,750 -
(*) The levels of fair value hierarchy have been defined as follows:
- Level 1: Quoted prices in active markets for identical assets or liabilities. Listed stocks and derivatives
- Level 2: Inputs for the asset or liability included within valuation techniques that are observable market data.
Most bonds issued in Korean won and foreign currency, general unlisted derivatives like swap, forward,
option
- Level 3: Inputs for the asset or the liability that are not based on observable market data. Unlisted stocks,
complicated structured bonds, complicated unlisted derivative

June 30, 2013
(Unaudited)
25
7. Derecognition of Financial Assets
The Group issued senior and subordinated asset-backed securities based on loans and the associated securitized
debts have recourse only to the transferred assets.
Details of financial assets transferred and not derecognized as of June 30, 2013 and December 31, 2012 are as
follows:
2013 2012
Book value of assets
Loans receivable W 2,127,020 2,279,886
Installment financial assets 954,564 1,329,882
Lease receivables 280,273 -
3,361,857 3,609,768
Book value of related liabilities(*) (2,165,089) (2,255,036)
Liabilities having right of resources on transferred
Assets
Fair value of assets 3,381,259 3,658,729
Fair value of related liabilities(*) (2,113,332) (2,307,077)
Net position W 1,267,927 1,351,652
(*) Related liabilities aggregates senior and subordinated asset-backed securities with the related Derivative
assets.

June 30, 2013
(Unaudited)
26
8. Property and Equipment
Changes in property and equipment for the six-month periods ended June 30, 2013 and 2012, are as follows:
2013
Beginning
balance Acquisition Replacement Disposal Depreciation
Ending
balance
Land W 143,729 1,981 3,200 (40,016) - 108,894
Buildings 116,655 - 277 (52,866) (1,350) 62,716
Structures 3,192 - - (2,469) (27) 696
Vehicles 2,478 256 - (137) (454) 2,143
Fixture and
furniture 45,054 4,262 578 (105) (10,054) 39,735
Others 2,033 48 - (76) - 2,005
Construction in
progress 10,337 24,612 (4,055) - - 30,894
W 323,478 31,159 - (95,669) (11,885) 247,083
2012
Beginning
balance Acquisition Replacement Disposal Depreciation
Ending
balance
Land W 105,425 38,112 - - - 143,537
Buildings 97,939 22,053 - - (2,067) 117,925
Structures 2,558 - - - (35) 2,523
Vehicles 761 2,337 - (44) (384) 2,670
Fixture and
furniture 53,770 8,391 893 (347) (10,344) 52,363
Others 1,994 39 - - (4) 2,029
Construction in
progress 2,986 2,317 (922) - - 4,381
W 265,433 73,249 (29) (391) (12,834) 325,428

June 30, 2013
(Unaudited)
27
9. Intangible Assets
Changes in intangible assets for the six-month periods ended June 30, 2013 and 2012, are as follows:
2013
Beginning
balance Increase Replacement Amortization Ending balance
Goodwill W 1,429 - - - 1,429
Development
costs 28,198 5,287 - (4,843) 28,642
Rights of
trademark 16 - - (7) 9
Other intangible
assets 34,520 - - (948) 33,572
W 64,163 5,287 - (5,798) 63,652
2012
Beginning
balance Increase Replacement Amortization Ending balance
Development
costs 28,635 1,170 31 (4,027) 25,809
Rights of
trademark 30 - - (7) 23
Other intangible
assets 36,452 - (2) (966) 35,484
W 65,117 1,170 29 (5,000) 61,316
10. Borrowings
Changes in borrowings for the six-month periods ended June 30, 2013 and 2012, are as follows:
2013 2012
Beginning balance W 17,015,642 17,772,368
Borrowing 3,168,288 3,644,250
Repayment (3,461,406) (3,769,732)
Others 277,043 (273,241)
Ending balance W 16,999,567 17,373,645

June 30, 2013
(Unaudited)
28
11. Defined Benefit Liability
The amounts of defined benefit plans recognized in the statements of financial position as of June 30, 2013 and
December 31, 2012, are as follows:
2013 2012
Present value of funded obligations W 64,991 63,847
Fair value of plan assets (*) (48,760) (50,859)
Defined benefit liability W 16,231 12,988
(*) As of June 30, 2013, contribution to the National Pension Fund of W 43 million is included.
Details of the amounts recognized in the comprehensive income statements for the six-month periods ended June
30, 2013 and 2012, are as follows :
2013 2012
Current service cost W 6,367 5,736
Interest cost 1,015 982
Expected return on plan assets (806) (580)
W 6,576 6,138
12. Provisions for Unused Loan Commitments
Changes in provisions for unused loan commitments for the six-month periods ended June 30, 2013 and 2012,
are as follows:
2013 2012
Beginning balance W 2,017 10,445
Reversals (7) (1,190)
Ending balance W 2,010 9,255

June 30, 2013
(Unaudited)
29
13. Derivative Financial Instruments and Hedge Accounting
Trading derivatives as of June 30, 2013 and December 31, 2012, are as follows:
2013 2012
Assets Liabilities Assets Liabilities
Forward foreign exchange W 7 - 11 2
During the six-month periods ended June 30, 2013 and 2012, the Group recognized loss on trading derivatives of
W 2 million and W 19 million, respectively.
Derivatives designated as cash flow hedges as of June 30, 2013 and December 2012, are as follows:
2013 2012
Assets Liabilities
Notional
Principal
amounts Assets Liabilities
Notional
Principal
amounts
Exchange forward W - 208 (43) 2,312 - (199)
Interest rate swaps 2,347 5,256 (2,205) 378 7,563 (5,446)
Currency swaps 92,872 169,325 (53,775) 32,214 295,185 7,770
W 95,219 174,789 (56,023) 34,904 302,748 2,125
The maximum period the Group is exposed to the variability in future cash flows arising from derivatives
designated as cash flow hedges, is expected to be until September 20, 2017.
There is no ineffective portion recognized related to cash flow hedge for the six-month periods ended June 30,
2013 and 2012.

June 30, 2013
(Unaudited)
30
14. Equity
Details of appropriated and expected reserves for bad loans as of June 30, 2013 and December 31, 2012, are as
follows:
2013 2012
Appropriated reserve for bad loans W 273,907 270,220
Expected reserve for bad loans 93,631 3,687
W 367,538 273,907
Transfer to reserve for bad loans and profit for the period in consideration of effect of changes in reserve for bad
loans for the six-month periods ended June 30, 2013 are as follows:
2013
Profit for the period W 248,153
Expected transfer to reserve for bad loans (*1) (93,631)
Profit for the period in consideration of changes in reserve for bad loans (*2) W 154,522
Profit for the period per share in consideration of changes in reserve for bad loans(in
Korean won) W 1,556
(*1) The amount transferred to reserve for bad loans for the six-month period ended June 30, 2013, is the
difference between the balance of reserve for bad loans as of June 30, 2013, and the balance as of December
31, 2012.
(*2) Profit for the period and earnings per share in consideration of changes in reserve for bad loans are not
accordance with K-IFRS, and this amount is the sum of the expected transfer to reserve for bad loans before
income tax and Profit for the period.

June 30, 2013
(Unaudited)
31
15. Net Interest Income
Net interest income for the three-month and six-month periods ended June 30, 2013 and 2012, consists of:
2013 2012
Three-month
period ended
Six-month
period ended
Three-month
period ended
Six-month
period ended
Interest income:
Due from Banks W 7,318 15,083 11,792 24,394
Loans receivable 368,748 733,365 361,022 722,758
Installment financial assets 55,798 121,447 91,852 192,041
Lease receivables (*1) 63,319 125,495 58,645 115,665
Other (*2) 361 724 1,387 1,431
495,544 996,114 524,698 1,056,289
Interest expense:
Borrowings (21,317) (43,834) (25,732) (52,716)
Bonds (168,549) (340,380) (188,760) (380,421)
Other (*2) (8,510) (18,175) (10,984) (21,793)
(198,376) (402,389) (225,476) (454,930)
Net interest income W 297,168 593,725 299,222 601,359
(*1) Includes amortization of present value discount for lease guarantee.
(*2) Amortization of present value discount using the effective interest method.
16. Net Commission Income
Net commission income for the three-month and six-month periods ended June 30, 2013 and 2012, consists of:
2013 2012
Three-month
period ended
Six-month
period ended
Three-month
period ended
Six-month
period ended
Commission income
Loans receivable W 13,022 24,448 11,977 23,651
Installment financial assets 855 1,854 1,564 3,200
Lease receivables 44,851 87,496 39,273 75,783
58,728 113,798 52,814 102,634
Commission expenses
Lease expenses (16,686) (33,209) (4,802) (9,060)
Net commission income W 42,042 80,589 48,012 93,574

June 30, 2013
(Unaudited)
32
17. General and Administrative Expenses
General and administrative expenses for the three-month and six-month periods ended June 30, 2013 and 2012,
are as follows:
18. Income Tax
Income tax expense is recognized based on management’s best estimate of the weighted average annual income
tax rate expected for the full financial year. The estimated average annual tax rate used for the year ended
December 31, 2013, is 26% (the estimated average tax rate for the six-month period ended June 30, 2012, is
27%).
2013 2012
Three-month
period ended
Six-month
period ended
Three-month
period ended
Six-month
period ended
Payroll W 39,929 78,123 31,344 59,313
Severance benefits 3,294 6,602 3,189 6,259
Fringe benefits 8,847 19,900 8,605 19,157
Depreciation 5,691 11,885 6,628 12,834
Advertising 12,504 23,907 13,857 24,399
Travel and transportation 1,509 2,504 1,660 2,922
Communication 3,877 7,501 3,544 7,187
Water, lighting and heating 2,637 5,850 2,897 5,414
Commission 4,919 9,596 4,864 8,919
Sales commission 20,529 37,901 15,741 29,911
Amortization 2,926 5,798 2,472 5,000
Outsourcing service charges 17,077 32,831 17,782 33,220
Rent 10,695 20,785 9,599 18,429
Other expenses 26,588 52,119 23,739 49,365
W 161,022 315,302 145,921 282,329

June 30, 2013
(Unaudited)
33
19. Earnings Per Share
(1) Basic earnings per share
Basic earnings per share attributable to common stock of equity holders for the three-month and six-month
periods ended June 30, 2013 and 2012, is as follows:
(2) Diluted earnings per share
As there was no discontinued operation during the six-month periods ended June 30, 2013 and 2012, basic
earnings per share is the same as basic earnings per share from continuing operations. There are no potential
common stocks as of June 30, 2013 and 2012. Therefore, the diluted earnings per share is the same as basic
earnings per share for the three-month and six-month periods ended June 30, 2013 and 2012.
2013 2012
Three-month
period ended
Six-month
period ended
Three-month
period ended
Six-month period
ended
Profit for the period
attributable to
common stock (In
Korean won) (A) W 95,303,358,051 248,152,862,699 116,419,879,712 245,293,799,709
Weighted average
of number of
outstanding
common shares
(B) 99,307,435 99,307,435 99,307,435 99,307,435
Basic earnings per
Share (In
Korean won)
(A/B)
W
960 2,499 1,172 2,470

June 30, 2013
(Unaudited)
34
20. Other Comprehensive Income
Other comprehensive income for the six-month periods ended June 30, 2013 and 2012, consists of:
2013
Beginning
balance
Changes
Income tax
effects
Ending
balance
Reclassifi-
cation of profit
or loss
Other
changes
Unrealized gain on
valuation of available-for-
sale financial assets W 1,002 (92) 1,491 (339) 2,062
Accumulated
comprehensive
income of equity
method investees (2,540) - 3,275 - 735
Unrealized loss on
valuation of derivatives 2,125 2,617 (79,329) 18,564 (56,023)
Loss on exchange
differences of foreign
operations (872) - (929) - (1,801)
Gain (loss) on
actuarial valuation (13,147) - 877 (212) (12,482)
W (13,432) 2,525 (74,615) 18,013 (67,509)
2012
Beginning
balance
Changes
Income tax
effects
Ending
balance
Reclassifi-
cation of profit
or loss
Other
changes
Unrealized gain on
valuation of available-for-
sale financial assets W (388) - 720 (133) 199
Accumulated
comprehensive
income of equity
method investees 47 - (670) - (623)
Unrealized loss on
valuation of derivatives (50,157) 419 63,845 (7,903) 6,204
Loss on exchange
differences of foreign
operations (343) - (443) - (786)
Gain (loss) on
actuarial valuation (8,498) - (1,258) 304 (9,452)
W (59,339) 419 62,194 (7,732) (4,458)

June 30, 2013
(Unaudited)
35
21. Supplemental Cash Flow Information
Cash and cash equivalents in cash flow statements consist of cash in hand, deposits and short-term money-market
instruments.
Cash and cash equivalents consisting of cash and financial instruments as of June 30, 2013 and December 31,
2012, are as follows:
Cash generated from operations for the six-month periods ended June 30, 2013 and 2012, is as follows:
21. Supplemental Cash Flow Information, Continued
2013 2012
Cash W 1 1
Ordinary deposits 126,206 194,944
Current deposits 4,145 3,416
Short-term financial instruments 965,600 1,103,800
W 1,095,952 1,302,161
2013 2012
Profit for the period W 248,153 245,294
Adjustments:
Net interest expenses 378,683 429,105
Income tax 87,006 90,600
Gain on disposal of available-for-sale financial assets (1,395) (1,776)
Income on loans (16,290) (17,864)
Income on installment financial receivables (19,130) (37,664)
Lease expenses 190,499 168,998
Gain on foreign exchanges translation (49,777) (66,990)
Dividend income (2,588) (2,831)
Gain on valuation of derivatives (314,663) (15,961)
Gain on disposal of property and equipment (85,488) (30)
Gain on equity method valuation (1,310) (4,659)
Provision for loss 203,956 179,707
Loss on foreign exchanges translation 315,059 15,968
Severance benefits 6,602 6,138
Depreciation 11,885 12,834
Amortization of intangible assets 5,798 5,000
Loss on valuation of derivatives 49,153 66,989
Loss on disposal of property and equipment 2,896 364
Reversal of provisions (7) (1,190)
Losses on Retirement of Bonds 51 -
W 760,940 826,738

June 30, 2013
(Unaudited)
36
2013 2012
Changes in operating assets and liabilities
(Increase) in due from banks W (3) -
Decrease (increase) in available-for-sale financial assets 970 (531)
(Increase) in loans receivable (810,659) (492,082)
Decrease in installment financial assets 699,258 644,662
(Increase) in finance lease receivables (397,135) (400,835)
Decrease in cancelled leased receivables 6,702 4,853
(Increase) in operating leased assets (125,980) (154,963)
Decrease in cancelled leased assets 203,095 151,918
(Increase) in non-trade receivables (26,811) (21,930)
Decrease (increase) in accrued revenues (1,581) 8,287
(Increase) in advance payments (19,439) (46,752)
(Increase) in prepaid expenses (21,514) (9,509)
Decrease in derivative assets 525 20
Increase (decrease) in non-trade Payables (32,705) 35,161
(Decrease) in accrued expenses (6,968) (62)
(Decrease) in unearned revenue (5,722) (2,750)
Increase (decrease) in withholdings (9,758) 4,533
(Decrease) in income taxes payable (32,979) -
(Decrease) in leasehold deposits received (83,708) (6,727)
Payment of severance benefits (4,152) (3,333)
(Decrease) in plan assets 1,839 734
Transfer of severance benefits from (to) related parties (170) 362
(666,895) (288,944)
W 342,198 783,088

June 30, 2013
(Unaudited)
37
22. Commitments and Contingencies
(1) Credit Line Agreement
Details of unused credit line agreements of the Group as of June 30, 2013 and December 31, 2012, are as follows:
Type Financial institutions 2013 2012
Limit of overdraft Shinhan Bank and 2 other banks W 41,500 41,500
Limit of daily loan SC Bank and 2 other banks 15,000 45,000
Limit of CP issuance Woori Bank 150,000 -
W 206,500 86,500
(2) Credit Facility Agreement
The Group has revolving credit facility agreements with several financial institutions as of June 30, 2013 and
December 31, 2012. Details of credit facility agreements are as follows:
(*) Relative to the above credit facility agreement, Hyundai Motor Company shall pay GE Capital European
Funding & Co. any amount not paid by the Group, at such time multiplied by the shareholding ratio of
Hyundai Motor Company.
There has been no usage of the above credit facility agreements as of June 30, 2013.
22. Commitments and Contingencies, Continued
Financial institutions 2013 2012
GE Capital European Funding & Co.(*)
Equivalent of
USD 0.7 billion in
Euros
Equivalent of
USD 1 billion in
Euros
MIZUHO CORPORATE BANK, LTD., SEOUL BRANCH W 65,000 65,000
JPMORGAN CHASE BANK, N.A., SEOUL BRANCH 110,000 110,000
CITIBANK KOREA INC. 50,000 50,000
Standard Chartered, Seoul Branch 50,000 50,000
SOCIETE GENERALE, SEOUL BRANCH 110,000 55,000
BANK OF CHINA, SEOUL BRANCH 30,000 30,000
DBS BANK LTD., SEOUL BRANCH - 100,000
Sumitomo Mitsui Banking Corporation, Seoul Branch 50,000 -
BNP Paribas, Seoul Branch 100,000 -
Bank of America, N.A, Seoul Branch 20,000 -
Credit Agricole Corporate and Investment Bank, SEOUL BRANCH 100,000 100,000
THE ROYAL BANK OF SCOTLAND N.V., SEOUL BRANCH 110,000 110,000
ING BANK N.V., SEOUL BRANCH 100,000 -
KDB Bank 60,000 60,000
Kyobo Life Insurance Co., Ltd. 50,000 50,000
Kookmin Bank 200,000 200,000
Suhyup Bank W 20,000 -
CITIBANK, N.A. USD 0.2 billion USD 0.2 billion
The Bank of TOKYO MITSUBISHI UFJ., Ltd. USD 0.2 billion USD 0.2 billion

June 30, 2013
(Unaudited)
38
(3) Guarantees
Details of guarantees involving third parties as of June 30, 2013 and December 31, 2012, are as follows:
Guarantor Details 2013 2012
Hyundai Motor
Company
Joint liabilities on finance lease
receivables (*) W 15 15
Seoul Guarantee
Insurance Co., Ltd.
Guarantee for debt collection
deposit, others 144,959 154,394
(*) The amounts represent the guaranteed balances as of June 30, 2013 and December 31, 2012, as defined
under the joint liability agreement.
The Group carries residual value guarantee insurance with LIG Insurance Co., Ltd. against loss in case
unredeemed mortgage loans exceed the recoverable amount from the collateral of the loans. The receivables
balance carried insurance and residual value guaranteed by the insurance as of June 30, 2013 and December 31,
2012, are as follows:
(4) Pending significant litigations
Details of pending significant litigations involving the Group as of June 30, 2013, are as follows:
In addition, the Group has filed lawsuits against a number of debtors to collect receivables. The Group's
Management does not believe that any of these matters, either individually or in the aggregate, will have a
material effect on the consolidated financial position or results of the Group.
Type 2013 2012
Receivables balance W 768,457 795,982
The amount of residual value guaranteed by insurance 290,819 300,656
Type Number of litigations Amount of litigations
Plaintiff 24 W 1,012
Defendant 28 2,752

June 30, 2013
(Unaudited)
39
23. Related Party Transactions
(1) Relationships between parents and subsidiaries
The parent company is Hyundai Motor Company. Related parties include associates, joint ventures, post-
employment benefit plans, members of key management personnel and entities which the Group controls directly
or indirectly, has joint control or significant influence over them.
(2) Transactions between related parties
Significant transactions, which occurred in the normal course of business with related companies for the six-
month periods ended June 30, 2013 and 2012, are as follows:
2013 2012
Purchases Disposal Purchases Disposal
Parent Company W 430,932 - 443,139 -
Others 267,427 210,553 270,640 28,563
W 698,359 210,553 713,779 28,563
Revenue and expenses arising from transactions with related parties for the six-month periods ended June 30,
2013 and 2012, and receivables and payables as of June 30, 2013 and December 31, 2012, are as follows:
2013 2012
Receivables Payables Receivables Payables
Parent Company W 1,896 21,778 4,463 4,440
Associates - - 819 -
Others 46,357 159,952 45,126 149,055
W 48,253 181,730 50,408 153,495
2013 2012
Revenues(*) Expenses(*) Revenues Expenses
Parent Company W 3,234 1,372 2,194 1,560
Associates 948 1,052 - -
Others 156,471 50,259 25,267 43,496
W 160,653 52,683 27,461 45,056
(*) Gains and losses from disposal of property and equipment, including real estate, to related parties for the six-
month period ended June 30, 2013 are included, which are amounted to KRW 85.4 billion and KRW 2.8
billion, respectively.

June 30, 2013
(Unaudited)
40
23. Related Party Transactions, Continued
Details of credit granting activities with related parties as of June 30, 2013 are as follows:
Credit grantor Credit borrower Type Amount Period
Hyundai Capital
Services, Inc.
Hyundai Card
Co., Ltd. Call loan W 300,000
2012.11.1~
2013.10.31
Hyundai Capital
Services, Inc.
Hyundai
Commercial Co., Ltd. Call loan 100,000
2012.11.1~
2013.10.31
Hyundai Card
Co., Ltd.
Hyundai Capital
Services, Inc. Call loan 300,000
2012.11.1~
2013.10.31
With the counterparty’s request, credit is granted when there is surplus fund. As of June 30, 2013, no balance is
recognized relating to credit granting activities.
The Group has been provided with a credit facility and payment guarantees by GE Capital European Funding &
Co. and Hyundai Motor Company, respectively (Note 22).
(3) Key management compensation
Compensation to key management for the six-month periods ended June 30, 2013 and 2012, consists of:
The key management above consists of directors (including non-permanent directors), who have significant
authority and responsibilities for planning, operating and controlling the Group.
24. Financial Risk Management
The Group is exposed to credit risk, liquidity risk and market risk (exchange and rate risk). In order to manage
these factors, the Group operates risk management policies and programs that monitor closely and respond to
each of the risk factors. The Group uses derivatives to manage specific risks.
There was no significant change in the Group's risk management division and policies after December 31, 2012.
Type 2013 2012
Short-term employee benefits W 3,172 1,896
Severance benefits 1,540 1,186

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