This document provides an overview of Hyundai Capital Services' financial performance and outlook for 1Q15. Key points include: - Total assets remained stable at KRW 20.3 trillion, with auto-related assets comprising 77.7% of the portfolio. - Operating profit increased 13.3% year-over-year to KRW 87.8 billion due to reduced loan loss provisions and interest expenses. - Non-performing loan ratios remained steady at around 2.4% due to continued risk management efforts. - Capital adequacy and leverage ratios remained strong and within regulatory guidelines.

1. 1Q15 Investor Presentation
Hyundai Capital Services

2. 1
Disclaimer
These presentation materials have been prepared by Hyundai Capital Services, Inc.(“HCS”), solely for the use at this presentation and have not
been independently verified. 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. Neither the Companies nor any of theirs
affiliates, advisers or representatives accepts any responsibility whatsoever for any loss or damage arising from any information presented or
contained in this presentation. 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. Neither the Companies nor any of their affiliates, advisers or representatives make
any undertaking to update any such information subsequent to the date hereof. This presentation should not be construed as legal, tax,
investment or other advice.
Certain information and statements made in this presentation contain “forward-looking statements.” Such forward-looking statements can be
identified by the use of forward-looking terminology such as “anticipate,” “believe,” “considering,” “depends,” “estimate,” “expect,” “intend,”
“plan,” “planning,” “planned,” “project,” “trend,” and similar expressions. All forward-looking statements are the Companies’ current
expectation of future events and are subject to a number of factors that could cause actual results to differ materially from those described in
the 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.
Certain industry and market data in this presentation was obtained from various trade associations, and the Companies have not verified such
data with independent sources. Accordingly, the Companies make no representations as to the accuracy or completeness of that data, and such
data involves risks and uncertainties and is subject to change based on various factors.
This presentation does not constitute an offer or invitation to purchase or subscribe for any shares or other securities of the Companies and
neither any part of this presentation nor any information or statement contained therein shall form the basis of or be relied upon in connection
with any contract or commitment whatsoever. Any decision to purchase shares in any offering of shares of the Companies should be made
solely on the basis of the information contained in the offering document which may be published or distributed in due course in connection
with any offering of shares of the Companies, if any.
The contents of this presentation 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.

3. 2
資産
資産ポートフォリオ Key Highlights
• オート資産を中心に次第に資産増加の見通し
- 自動車メーカーとの共同マーケティングの強化により新車
の取扱いが拡大
- 個人リースが市場を先取り
11.0 10.5 10.5 10.4
3.8 4.0 3.8 3.9
1.4 1.5 1.5 1.4
2.0 2.1 2.2 2.1
1.6 1.8 1.7 1.7
0.5 0.5 0.7 0.7
20.3 20.4 20.3 20.2
2012 2013 2014 1Q15
新車 リース 中古車 個人金融 ﾓｰｹﾞｰｼ その他
(単位：兆ウォン)
① 新車、リース、中古車
オート資産① 79.9% 78.3% 77.5% 77.7%
• 業界で最大水準の資産規模を維持
• オート資産中心のポートフォリオを構成
Outlook & Strategy

4. 3
収益性
損益計算書
(単位：十億ウォン)
Key Highlights
Outlook & Strategy
• 営業収益の減少
- 低金利が続き商品の金利も下がる
• 営業費用の削減
- 資産健全性の安定化により貸倒れ費用を削減
- 低金利借入り割合の増加により利子費用を削減
• 一過性の要因により当期純利益の変動幅が拡大
- 2014年第一四半期に関係企業投資株の減損として認識 (277億)
• 営業費用の削減により収益性改善の見通し
- 引き続き貸倒れ費用及び利子費用を削減
2013 2014 1Q14 1Q15 YoY
営業収益①
2,915.1 2,745.9 683.4 647.1 -5.3%
営業費用①
2,486.0 2,424.0 605.9 559.3 -7.7%
貸倒れ償却費 453.1 418.3 119.0 76.9 -35.4%
営業利益 429.1 321.9 77.5 87.8 13.3%
当期純利益 391.4 237.7 30.6 74.6 144.1%
ROA
2.2% 1.9%
1.3% 1.5%
2012 2013 2014 1Q15
① 外為及び派生関連の影響を除く

5. 4
資産健全性及び引当金
30日以上の延滞率 Key Highlights
• 延滞率の安定化
- 2013年下半期以降、リスク管理強化により延滞率の下方安
定化
- ハイリスク顧客群を常に管理
• 資産健全性の改善により2014年末と比べて引当金の実際の積立
額が減少
• 持続的なリスク管理で延滞率を現行水準に維持
• 保守的な引当金管理方針を維持
2.5% 2.7%
2.4% 2.4%
2012 2013 2014 1Q15
2012 2013 2014 1Q15
実際の積立額①
665.0 762.6 796.3 750.0
30日以上の延滞資
産カバレッジ② 144.9% 154.4% 162.2% 152.7%
(単位：十億ウォン)
① 貸倒れ引当金 + 貸倒れ準備金
② 実際の積立額 / 30日以上の延滞資産
引当金積立額 Outlook & Strategy

6. 5
レバレッジ及び資本適正性
レバレッジ Key Highlights
• 金融監督院の監督規定内でレバレッジを安定的に維持
- 監督規定に比べて(10倍以下)保守的な内部管理基準を適用
• 金融監督院の監督規定内でレバレッジを管理
• 規制と連携した配当政策を展開
調整自己資本比率
7.2X 6.6X 6.6X 6.5X
2012 2013 2014 1Q15
総資産 / 総資本
14.5% 15.1% 15.4% 16.1%
2012 2013 2014 1Q15
①
① 2013年から直前四半期の総資本へと基準が変更
② 別途の財務諸表基準
① 金融監督院のガイドライン7%以上
② 別途の財務諸表基準
Outlook & Strategy

7. 6
借入れ
商品別借入金の構成 Key Highlights
• 借入れ安定性の確保
- 商品、市場、満期の多角化により安定性を確保
- 2015年4月に144A/RegS債券を発行(4億ドル、5．5年)
通貨別借入金の構成
1.5%
1.6%
3.1%
5.2%
19.7%
68.9%
MYR
JPY
AUD
CHF
USD
KRW
• ⻑期比率：67.5%
• ALM比率：125.7%
国内債券
53.1%
国内ABS
7.5%
海外債券
26.1%
海外ABS
4.6%
CP
&
銀行ローン
8.7%
17.4兆ｳｫﾝ
• 債券中心の安定したポートフォリオを維持
• 借入れポートフォリオのガイドラインを維持
- ABS 20%以下、CP 10%以下
- ⻑期借入金比率は60%以上
- ALM比率は100%以上
Outlook & Strategy

8. 7
流動性の管理
流動性の現状 Key Highlights
• 安定的な流動性管理を継続して行う
- クレジットラインの開設機関や地域・満期の多角化を推進
借入金満期の現状
① (現金 + 未使用のクレジットライン) / 1年以下の満期到来借入金の残高
2.0 2.7
4.2 4.4
2.5
1.6
11.6%
15.4%
24.1% 25.3%
14.1%
9.4%
2Q15 2H15 2016 2017 2018 2019~
(単位：兆ウォン)
(単位：兆ウォン)
1.1 1.3 1.4 1.3
2.5 2.3 2.5 2.8
3.6 3.6 3.9 4.1
69.2%
73.7%
67.3%
72.7%
2012 2013 2014 1Q15
現金 Credit Line 短期借入金カバレッジ ①
• 現行水準の流動性管理基準を維持
- バーゼルIIIの流動性カバレッジ比率の基準を充たす
• 主な市場指標を常時モニタリングして危機感知機能を強化
Outlook & Strategy

9. 8
(単位：十億ウォン、%) 2009 2010 2011 2012 2013 2014 1Q15
自動車の
内需販売
Total (1,000 unit) 1,455 1,556 1,580 1,542 1,540 1,660 404
HMG M/S 76.7% 73.5% 74.5% 74.6% 71.4% 69.3% 66.8%
資産の構成
Total 16,480 18,788 19,806 20,286 20,397 20,323 20,220
自動車関係 81.1% 81.9% 82.8% 79.8% 78.3% 77.5% 77.7%
非自動車関係 18.9% 18.1% 17.2% 20.2% 21.7% 22.5% 22.3%
資産健全性
30日以上の延滞率 1.8% 1.6% 2.0% 2.5% 2.7% 2.4% 2.6%
90日以上の延滞率 1.0% 0.9% 1.1% 1.3% 1.7% 1.4% 1.4%
30日以上の延滞資産ｶﾊﾞﾚｯｼﾞ 152.7% 157.2% 151.3% 144.9% 154.4% 162.2% 152.7%
収益性 営業利益 541 667 660 595 429 322 75
資本&レバレッジ①
調整自己資本比率 15.7% 13.7% 13.0% 14.5% 15.1% 15.4% 16.1%
資産レバレッジ 7.4X 9.3X 8.3X 7.2X 6.6X 6.6X 6.5X
借入金の構成
Total 14,378 16,560 17,330 17,338 17,755 17,795 17,386
債券 65.6% 67.5% 72.0% 74.2% 76.1% 78.2% 79.2%
銀行ローン 8.2% 7.4% 8.7% 9.4% 8.4% 7.8% 7.4%
CP 6.8% 8.5% 4.3% 3.4% 1.8% 1.1% 1.2%
ABS 19.4% 16.5% 15.0% 13.0% 13.6% 12.9% 12.1%
短期借入金カバレッジ 36.0% 39.1% 63.5% 69.2% 73.7% 67.3% 72.7%
ALM
ALM比率 120.4% 138.0% 163.7% 148.0% 142.0% 132.0% 125.7%
資産満期 (Y) 1.48 1.36 1.30 1.36 1.43 1.45 1.46
負債満期 (Y) 1.78 1.87 2.12 2.02 2.03 1.92 1.84
① 別途の財務諸表を基準
[Appendix] Fact Sheet - HCS

10. Further Information
IR Homepage: http://ir.hyundaicapital.com
IR email address: irhcs@hyundaicapital.com