SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2004
Woori Finance Holdings Co., Ltd.
(Translation of registrant's name into English)
203, Hoehyon-dong, 1-ga, Chung-gu, Seoul, Korea
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F ____
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1):_____
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of
a Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7): _____
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of
a Form 6-K if submission to furnish a report or other document that the
registration foreign private issuer must furnish and make public under the laws
of the jurisdiction in which the registrant is incorporated, domiciled or
legally organized (the registrant's "home country"), or under the rules of the
home country exchange on which the registrant's securities are traded, as long
as the report or other document is not a press release, is not required to be
and has not been distributed to the registrant's security holders, and if
discussing a material event, has already been the subject of a Form 6-K
submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in
this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _____ No X
Woori Bank's Key Financial Performance Figures for FY2003
The tentative financial performance figures and dividend plan for Woori Bank, a
wholly-owned subsidiary of Woori Finance Holdings, are as follows.
1. Key Earnings Figures
(Units: millions of KRW)
-------------------------------------------------------------------------------
Item FY2003 FY2002 Difference Reason
-------------------------------------------------------------------------------
Revenue 7,621,300 6,607,882 1,013,418 Interest income increased:
750,994
Other income. increased:
262,424
-------------------------------------------------------------------------------
Ordinary Income 1,429,662 595,988 833,674 Interest income increased:
750,994
Other income increased:
82,680
-------------------------------------------------------------------------------
Net Profit 1,332,185 779,571 552,614 Interest income increased:
750,994
Interest expense increased:
98,021
SG&A expense increased:
143,548
Other income increased:
43,189
-------------------------------------------------------------------------------
2. Dividends (paid to Woori Finance Holdings)
(Units: millions of KRW)
--------------------------------------------------------------------------------
Item FY2003 FY2002
--------------------------------------------------------------------------------
1. Dividend per share (KRW) 1,017 250
--------------------------------------------------------------------------------
- Increase 306.8%
--------------------------------------------------------------------------------
- Year end dividend 199,699 138,220
--------------------------------------------------------------------------------
- Interim dividend 380,381 -
--------------------------------------------------------------------------------
2. Total dividend 580,080 138,220
--------------------------------------------------------------------------------
- Shares outstanding 570,567,520 shares 552,880,000 shares
--------------------------------------------------------------------------------
3. Dividend ratio 20.34% 5%
(based on KRW5,000 face
value)
--------------------------------------------------------------------------------
* Board of directors resolution passed on February 5, 2004.
The figures above are subject to adjustments in the future following an external
audit and the general shareholders' meeting.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Woori Finance Holdings Co., Ltd.
(Registrant)
Date: February 6, 2004 By: /s/ Won Gihl Sohn
--------------------------------
(Signature)
Name: Won Gihl Sohn
Title: Managing Director
3