Kookmin Bank 6-K Current report (foreign)

Exhibit 99.2

KOOKMIN BANK AND ITS SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

AS OF DECEMBER 31, 2007 AND 2006

	Korean Won
	2007		2006
	(In millions)
ASSETS
Cash and due from banks	(Won)	6,727,411	(Won)	6,688,977
Securities		34,239,723		32,588,135
Loans		171,730,131		150,017,861
Tangible assets		2,301,464		2,139,486
Other assets		8,045,715		7,478,977
	(Won)	223,044,444	(Won)	198,913,436
LIABILITIES AND SHAREHOLDERS’ EQUITY
LIABILITIES:
Deposits	(Won)	142,100,520	(Won)	133,296,975
Borrowings		50,170,776		38,786,899
Other liabilities		14,666,041		11,701,501
		206,937,337		183,785,375
SHAREHOLDERS’ EQUITY:
Common stock		1,681,896		1,681,896
Capital surplus		6,274,535		6,274,831
Accumulated other comprehensive income		331,159		885,141
Retained earnings		7,775,285		6,241,912
Minority interests		44,232		44,281
		16,107,107		15,128,061
	(Won)	223,044,444	(Won)	198,913,436

KOOKMIN BANK AND ITS SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

FOR THE YEARS ENDED DECEMBER 31, 2007 AND 2006

	Korean Won
	2007		2006
	(In millions except per share amounts)
OPERATING REVENUE:
Interest income:
Interest on due from banks	(Won)	21,178	(Won)	34,036
Interest on securities		1,623,163		1,505,053
Interest on loans		12,176,822		10,678,249
Other interest income		55,993		50,065
		13,877,156		12,267,403
Gain on valuation and disposal of securities:
Gain on valuation of trading securities		11,151		21,074
Gain on disposal of trading securities		109,239		60,242
Gain on disposal of available-for-sale securities		818,824		201,319
Reversal of impairment loss on available-for-sale securities		31,784		84,443
		970,998		367,078
Gain on disposal of loans		27,620		37,311
Foreign exchange trading income		537,397		245,217
Commission income		1,582,332		1,379,420
Fees and commissions from trust accounts		137,416		125,786
Dividends income		11,925		7,924
Other operating income:
Gain on derivatives trading		2,925,826		4,422,217
Gain on valuation of derivatives		1,261,125		935,246
Gain on valuation of fair value hedged items		212,295		35,828
Other operating income		75,708		109,404
		4,474,954		5,502,695
Insurance revenue		534,537		386,944
Total operating revenues		22,154,335		20,319,778

	Korean Won
	2007	2006
	(In millions except per share amounts)
OPERATING EXPENSES:
Interest expenses:
Interest on deposits	4,273,681	3,543,984
Interest on borrowings	2,448,866	1,797,305
Other interest expenses	75,075	50,757
	6,797,622	5,392,046
Loss on valuation and disposal of securities:
Loss on valuation of trading securities	62,479	11,998
Loss on disposal of trading securities	93,433	51,350
Loss on disposal of available-for-sale securities	25,517	15,416
Impairment loss on available-for-sale securities	76,756	127,571
	258,185	206,335
Loss on valuation and disposal of Loans:
Provision for possible loan losses	547,467	1,028,465
Loss on disposal of loans	8,558	17,222
	556,025	1,045,687
Foreign exchange trading losses	310,178	296,771
Commission expenses	608,464	484,030
General and administrative expenses	3,790,362	3,317,859

(Continued)

KOOKMIN BANK AND ITS SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME (CONTINUED)

FOR THE YEARS ENDED DECEMBER 31, 2007 AND 2006

	Korean Won
	2007		2006
	(In millions except per share amounts)
Other operating expenses:
Provision for acceptances and guarantees losses	(Won)	18,174	(Won)	8,932
Loss on derivatives trading		2,787,409		4,082,692
Loss on valuation of derivatives		1,550,017		1,015,782
Loss on valuation of fair value hedged items		4,061		31,517
Other operating expenses		650,943		802,196
		5,010,604		5,941,119
Insurance expense		542,241		385,897
Total operating expenses		17,873,681		17,069,744
OPERATING INCOME		4,280,654		3,250,034
NON-OPERATING REVENUE		372,386		297,440
NON-OPERATING EXPENSES		108,294		122,912
INCOME BEFORE INCOME TAX		4,544,746		3,424,562
INCOME TAX EXPENSE		1,782,548		957,556
NET INCOME	(Won)	2,762,198	(Won)	2,467,006
Controlling company interests, gain	(Won)	2,757,316	(Won)	2,458,260
Minority interests, gain		4,882		8,746
	(Won)	2,762,198	(Won)	2,467,006
BASIC NET INCOME PER SHARE (In currency units)	(Won)	8,197	(Won)	7,308
DILUTED NET INCOME PER SHARE (In currency units)	(Won)	8,179	(Won)	7,308