% Increase (Decrease) Liabilities and equity Current liabilities Short-term loan from financial institution 289 316 (9%) Trade accounts payable 1,876 7,479 (75%) Current portion of liabilities under
Bills of Exchange 495,088 0 495,088 Provisions 779,584 632,129 147,455 23.3 Deferred tax liabilities 20,457 160,138 (139,681) (87.2) Accounts payable to clearing house and broker - dealers 120,194 422,323
17.2 Subordinated bond 8,290,000 8,290,000 0 0.0 Bills of Exchange 0 495,088 (495,088) (100.0) Provisions 844,037 779,584 64,453 8.3 Deferred tax liabilities 26,703 20,457 6,246 30.5 Accounts payable to
779,584 45,042 5.8 Deferred tax liabilities 18,749 20,457 (1,708) (8.3) Accounts payable to clearing house and broker - dealers 575,391 120,194 455,197 378.7 Securities and derivative business payables
495,088 (395,528) (79.9) Provisions 824,626 779,584 45,042 5.8 Deferred tax liabilities 18,749 20,457 (1,708) (8.3) Accounts payable to clearing house and broker - dealers 575,391 120,194 455,197 378.7
liabilities 64,550 20,457 44,093 215.5 Accounts payable to clearing house and broker - dealers 2,212,109 120,194 2,091,915 1,740.4 Securities and derivative business payables 8,137,286 5,297,794 2,839,492 53.6
Collection period (days) 43 43 Accounts payable (days) 43 43 Profitability Ratios Gross profit margin (%) 34.8 32.1 EBITDA margin (%) 21.0 20.2 Net profit margin for the period (%) 14.1 13.1 Net profit margin
372.7 22.9% As of June 30, 2017, the Company’s total liabilities increased by 372.7 MB or 22.9% from December 31, 2016, The reasons for major changes are as follows: Trade accounts payable and other
1,775.85 (49.08) (2.76) Accounts payable 88.56 149.37 (60.81) (40.71) Long-term loan 118.73 108.67 10.06 9.26 Other liabilities 39.86 34.53 5.33 15.44 Total liabilities 247.15 292.57 (45.42) (15.52) Total