Hyundai Card Corporation reported its 1H16 earnings. During this period, the company saw its total assets grow 2.5% to KRW 13.6 trillion driven by an 11% increase in installment loans. Operating revenue increased 5.1% despite interest rate cuts, while operating expenses rose 7.6% mainly due to higher acquisition costs. Net income declined 14.4% annually to KRW 94.9 billion as profitability was impacted by rising delinquencies and provisions. The company maintained sound capital and liquidity positions with a capital adequacy ratio of 17.5% and short-term debt coverage of 54.9%.

1. 1H16 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)
2014 2015 1H15 1H16 YoY
Lump sum 4,447 4,806 4,113 4,702 14.3%
Installment 2,470 2,807 2,488 2,763 11.0%
Cash advance 838 827 785 852 8.5%
Card loan 3,048 3,240 3,072 3,223 4.9%
Asset growth focused on credit purchase
• Credit purchase market size increased aligned with private
consumption
• Market share gradually increased based on active members
Expand solid membership
• Increase in total member through optimized acquisition process
and improved online channel
(unit: KRW bn)
6,915 7,613 6,601 7,465
3,885
4,067
3,857
4,075
10,800
11,680
10,458
11,540
64.0% 65.2% 63.1% 64.7%
2014 2015 1H15 1H16
Credit purchase Finance % of credit purchase
 Reference
Source: company, excluding corporate sales volume and corporate members
(Unit: *1,000)
Source: managed asset
6,818
6,611
6,684 6,743
14.5%
14.3% 14.2%
14.4%
2013 2014 2015 1H16
Market share
Membership

4. 3
Profitability
(unit: KRW bn)
① Excluding FX effect
② Figures in 1H15 and 1H16 are annualized
Summary of Income Statement
2014 2015 YoY 1H15 1H16 YoY
Operating revenue 2,569.5 2,602.4 1.3% 1,269.4 1,334.6 5.1%
• Despite MDR cut, increase in operating revenue due to sales
volume increase
Operating expenses 2,279.0 2,370.8 4.0% 1,129.0 1,214.4 7.6%
Card expenses 1,041.3 1,144.4 9.9% 529.3 608.9 15.1% • Increase mainly in acquisition cost to secure prime members
Interest expenses 305.9 277.6 -9.2% 140.8 131.0 -7.0% • Lower interest expenses on new funding proceeds
Bad debt expenses 265.9 237.7 -10.6% 105.9 120.9 14.1% • Increase according to growth in financial receivable
SG&A 647.0 674.4 4.2% 332.7 334.1 0.4%
Operating income 300.0 241.5 -19.5% 145.1 125.7 -13.4%
Net income 223.5 186.8 -16.4% 110.8 94.9 -14.4%
ROA 2.2% 1.7% -0.5%p 2.1% 1.7% -0.4%p
①
①
②

5. 4
Asset Quality
Delinquency Reserve
0.6% 0.6% 0.6%
0.7%
0.8%
0.9%
0.8% 0.8%
2013 2014 2015 1H16
30+ days delinquency ratio
30+ days delinquency ratio including re-aged loan
① (Allowance + Reserve) / FSS requirement
205 236 255 267
389 413 367 354
594
649 622 621
144%
132% 133% 135%
2013 2014 2015 1H16
Allowance Reserve FSS requirement coverage
(unit: KRW bn)
Asset quality management strategies
• Focus more on lower-risk card loan
• Conservative underwriting policy based on in-house modeling
Reserve policy
• Max of expected loss, incurred loss or FSS requirement
①

6. Capital adequacy management
• Manage leverage within FSS regulation
: leverage under 6X
5
Capital Structure
Leverage
Source: separate financial statement, according to FSS guidelines
2013 2014 2015 1H16 YTD
Total asset 11,521 12,397 13,311 13,638 2.5%
Total capital 2,325 2,549 2,468 2,548 3.3%
(unit: KRW bn)
Capital Adequacy Ratio
5.0X 4.9X
5.4X 5.4X
2013 2014 2015 1H16
19.4%
18.2% 17.0% 17.5%
2013 2014 2015 1H16

7. 6
Funding
Funding Position Maturity
Funding guidelines
• By product: ABS <20%, Short-term funding <10%
• ALM ratio: 100% or more
77.2%
6.4%
8.2%
5.1%
3.1%
Bond and others Domestic ABS Overseas ABS
Bank loan Short-term funding
2.3yr
2.1yr
1.8yr 1.7yr
168.3%
150.2%
129.8% 122.4%
2013 2014 2015 1H16
Debt maturity ALM ratio
KRW 9.3tn
Source: company
Portfolio diversification
• Stable portfolio through diversification in maturity, product and
currency

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
1,482
866
490
490
510
1,646
1,300
1,488
1,992
2013 2014 2015 1H16
Cash Credit line
1,881 2,083
2,590
3,628
87.5%
62.4% 57.4% 54.9%
2013 2014 2015 1H16
Short-term debt Short-term debt coverage
Source: company

9. 8
Appendix
Item 2011 2012 2013 2014 2015 1H16
Market share Retail credit purchase 15.5% 15.5% 14.5% 14.3% 14.2% 14.4%
Asset
Total 9.6tn 9.9tn 9.9tn 10.8tn 11.7tn 11.5tn
% of credit purchase 68.1% 66.7% 64.3% 64.0% 65.2% 64.7%
Asset quality
30+ days DQ ratio 0.4% 0.5% 0.6% 0.6% 0.6% 0.7%
FSS Coverage 199.1% 157.1% 144.0% 132.2% 133.4% 134.9%
Capital
adequacy
CAR①
19.6% 18.7% 19.4% 18.2% 17.0% 17.5%
Leverage②
5.4X 5.1X 5.0X 4.9X 5.4X 5.4X
Funding
portfolio
Total 7.1tn 7.1tn 7.2tn 7.9tn 9.1tn 9.3n
Bond 85.3% 80.4% 86.7% 84.2% 81.0% 74.5%
Bank loan 1.4% 1.9% 2.9% 2.5% 3.9% 5.1%
Short-term funding 6.9% 4.9% - - 3.4% 3.1%
Long-term CP - - - - - 2.7%
ABS 6.3% 12.7% 10.3% 13.3% 11.7% 14.6%
ALM
ALM ratio 147.9% 134.3% 168.3% 150.2% 129.8% 122.4%
Asset maturity 1.4yr 1.4yr 1.3yr 1.4yr 1.4yr 1.4yr
Debt maturity 2.1yr 1.8yr 2.3yr 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