K-IFRS

Accounting Standard for General Companies

Accounting Standard for Small and Medium Sized Companies

1Paid-in capital

1Capital

-Capital from common stock

-Capital from preferred stock

1Capital: Follows Article 451 of Commercial law

-Consisted items are the same(left)

2Additional paid-in capital

-Common stock premium

-Gain from treasury stock sale

-Gain/loss from capital stock retirement

2Additional paid-in capital: Surplus amount of transaction with shareholders which increases capital

-Consisted items are the same(left)

2 Other capital elements

3 Capital adjustment

-Discount stock issuance

-Treasury stock

-Stock options

-Loss from capital stock retirement

-Loss on Sales of treasury stock

-Loss from debt-equity swap

3 Capital adjustment: Accumulated amount of items which are classified as capital transaction but cannot be classified as capital or capital surplus and those that are not recognized in profit or loss in current period

-Consisted items are the same(left)

4Accumulated other comprehensive income

-Gain on valuation of available-for-sale financial assets

-Overseas business translation gain / loss

-Gain on valuation of derivatives

-Revaluation surplus (reclassification ×)

-Re-measure element of defined benefit type (reclassification ×) * 1

AOCI: The accumulated amount of change in equity recognized in all transaction or events, except capital transactions with the owner, over a period of time.

-Consisted items are the same(left)

-Indicated on capital adjustment items
-Replaced by retained earnings in case there is an 'accumulated other comprehensive income' account in the previous GAAP

3 Retained earnings

5 Retained earnings

-Legal reserve

-Voluntary reserve

-Undivided profit

4Retained earnings: The balance of gains and losses reported in the income statement plus the amount transferred from other capital items, less dividends paid to shareholders, capital stock transfers and amortization of capital adjustments

-Consisted items are the same(left)