Hyundai card ir material (fy 2016 1 q) en

1. 1Q16 Earnings Release
Hyundai Card Corporation

2. 1
Disclaimer
These presentation materials have been prepared by Hyundai Card Corporation., Ltd. (“HCC or the Company”), solely for
the use at this presentation. This presentation material may not be reproduced, redistributed or passed on, directly or
indirectly, to any other person or published, in whole or in part, for any purpose.
The Company has not taken measures to independently verify data contained in this material. No representations or warranties, express or
implied, are made as to, and no reliance should be placed on, the accuracy, fairness or completeness of the information presented or contained
in this presentation. This presentation should not be construed as legal, tax, investment or other advice.
Financial statements in this document have been prepared in accordance with K-IFRS. Other additional market information has been sourced
from the Company or from other external institutions. The information presented or contained in this presentation is current as of the date
hereof and is subject to change without notice and its accuracy is not guaranteed.
Certain information and statements made in this presentation contain “forward-looking statements.” Caution should be taken with respect to
such statements and you should not place undue reliance on any such forward-looking statements.

3. 2
Asset
Asset Portfolio Business Strategies 2016
(unit: KRW bn)
2013 2014 2015 1Q16 YTD
Lump sum 4,263 4,447 4,806 4,525 -5.8%
Installment 2,133 2,470 2,807 2,823 0.6%
Cash advance 849 838 827 833 0.8%
Card loan 2,702 3,048 3,240 3,240 -
Strengthen member portfolio
• Optimize acquisition process and focus on low cost channel
(Online, Auto channel)
• Stabilize secession rate by offering customized benefits
Secure profitability through efficiency improvement
• Review service cost structure
• Execute intensive OPEX saving
Explore new business model
• Merchant financing: loan services based on transaction volume
• Digital business: Prepare for new fin-tech service and find new
business opportunities(unit: KRW bn)
6,396 6,915 7,613 7,348
3,552
3,885
4,067 4,073
9,947
10,800
11,680 11,421
64.3% 64.0% 65.2% 64.3%
2013 2014 2015 1Q16
Credit purchase Finance % of credit purchase
 Reference: Membership (excluding corporate member)
6,818
6,611
6,684 6,698
2013 2014 2015 1Q16
Source: company
(Unit: *1,000)
Source: managed asset

4. 3
Profitability
(unit: KRW bn)
① Excluding FX effect
② Figures in 1Q15 and 1Q16 are annualized
Summary of Income Statement
2014 2015 YoY 1Q15 1Q16 YoY
Operating revenue 2,569.5 2,602.4 1.3% 632.5 668.5 5.7% • Increase in financial receivables
(1Q15 KRW 10.4tn → 1Q16 KRW 11.4tn)
Operating expenses 2,279.0 2,370.8 4.0% 554.1 597.9 7.9%
Card expenses 1,041.3 1,144.4 9.9% 256.0 302.7 18.2%
• Increase in acquisition and promotion expenses to secure
prime members
Interest expenses 305.9 277.6 -9.2% 72.2 66.8 -7.5% • Lower interest expenses on new funding proceeds
Bad debt expenses 265.9 237.7 -10.6% 55.4 58.6 5.7% • Increase according to growth in financial receivable
(% of bad debt expense to financial receivables is maintained)
SG&A 647.0 674.4 4.2% 163.0 161.7 -0.8%
Operating income 300.0 241.5 -19.5% 80.6 73.2 -9.2%
Net income 223.5 186.8 -16.4% 62.2 53.6 -13.8%
ROA 2.2% 1.7% -0.5%p 2.3% 1.9% -0.4%p • Profit decrease while average financial receivables increase
①
①
②

5. 4
Asset Quality
Delinquency Reserve
0.6% 0.6% 0.6% 0.6%
0.8%
0.9%
0.8%
0.9%
2013 2014 2015 1Q16
30+ days delinquency ratio
30+ days delinquency ratio including re-aged loan
① (Allowance + Reserve) / FSS requirement
205 236 255 260
389 413 367 356
594
649 622 616
144%
132% 133% 134%
2013 2014 2015 1Q16
Allowance Reserve FSS requirement coverage
(단위:십억원)
Risk management strategies
• Card loan focused sales rather than cash advance
• Limit sales of finance product for sub-prime
Reserve policy
• Max of expected loss, incurred loss or FSS requirement
①

6. Major issue
• Interim dividend in September 2015
: Total amount KRW 249.8bn (KRW 1,577 per share)
5
Capital Structure
Leverage
Source: separate financial statement
① Based on previous quarter’s total capital since 2013
2013 2014 2015 1Q16 YTD
Total asset 11,521 12,397 13,311 13,212 -0.7%
Total capital① 2,325 2,549 2,468 2,498 1.2%
(unit: KRW bn)
Capital Adequacy Ratio
5.0X 4.9X
5.4X 5.3X
2013 2014 2015 1Q16
19.4%
18.2% 17.0% 17.8%
2013 2014 2015 1Q16

7. 6
Funding
Funding Position Maturity
Funding guidelines
• By product: ABS <20%, Short-term funding <10%
• ALM ratio: 100% or more
78.0%
3.3%
8.5%
4.2%
3.2% 2.8%
Bond Domestic ABS Overseas ABS
Bank loan Short-term funding Long-term CP
2.1yr 2.1yr
1.8yr 1.7yr
158.7%
137.9% 129.4% 126.4%
2013 2014 2015 1Q16
Debt maturity ALM ratio
KRW 9.0tn
Source: company
Portfolio diversification
• Stable portfolio through diversification in maturity, product and
currency
• (1Q16) % of bond decreased due to long-term CP issuance

8. 7
Liquidity
Liquidity Position Short-term debt Coverage
Contingency framework
• Early warning and response system in place
• Daily monitoring of key market indicators
(unit: KRW bn) (unit: KRW bn)
Liquidity management
• Satisfies Basel III liquidity coverage ratio
• Diversified credit lines by lender and tenor
780 810
998 1,169
866
490
490
490
1,646
1,300
1,488
1,659
2013 2014 2015 1Q16
Cash Credit line
1,881 2,083
2,590
3,071
87.5%
62.4% 57.4% 54.0%
2013 2014 2015 1Q16
Short-term debt Short-term debt coverage
Source: company

9. 8
Appendix
Item 2011 2012 2013 2014 2015 1Q16
Market share Retail credit purchase 15.5% 15.5% 14.5% 14.3% 14.2% 14.5%
Asset
Total 9.6tn 9.9tn 9.9tn 10.8tn 11.7tn 11.4tn
% of credit purchase 68.1% 66.7% 64.3% 64.0% 65.2% 64.3%
Asset quality
30+ days DQ ratio 0.4% 0.5% 0.6% 0.6% 0.6% 0.6%
FSS Coverage 199.1% 157.1% 144.0% 132.2% 133.4% 134.0%
Capital
adequacy
CAR①
19.6% 18.7% 19.4% 18.2% 17.0% 17.8%
Leverage②
5.4X 5.1X 5.0X 4.9X 5.4X 5.3X
Funding
portfolio
Total 7.1tn 7.1tn 7.2tn 7.9tn 9.1tn 9.0tn
Bond 85.3% 80.4% 86.7% 84.2% 81.0% 78.0%
Bank loan 1.4% 1.9% 2.9% 2.5% 3.9% 4.2%
Short-term funding 6.9% 4.9% - - 3.4% 3.2%
Long-term CP - - - - - 2.8%
ABS 6.3% 12.7% 10.3% 13.3% 11.7% 11.8%
ALM
ALM ratio 149.0% 133.4% 158.7% 137.9% 129.4% 126.4%
Asset maturity 1.4yr 1.4yr 1.3yr 1.5yr 1.4yr 1.4yr
Debt maturity 2.1yr 1.8yr 2.1yr 2.1yr 1.8yr 1.7yr
① Separate financial statement
② Based on previous quarter’s total capital since 2013

10. Further Information
IR Homepage: http://ir.hyundaicard.com
IR email address: irhcc@hyundaicard.com