REG - Lotte Shopping CoLtd - 3rd Quarter Results <Origin Href="QuoteRef">023530.KS</Origin> - Part 3
03/03/2016 14:45
- Part 3: For the preceding part double click ID:nRSW9644Jb
2010.12.30 Equity investment 18,876 589,800 98.30 19,715 9,000 343 - 598,800 99.80 20,058 43,291 451
Lotte Giants (unlisted) 1982.04.21 Equity investment 30 6,000 30.00 823 - - - 6,000 30.00 823 29,226 -890
Lotte Songdo Shopping Town (unlisted)(2) 2011.06.27 Equity investment 40,000 12,000,000 56.30 60,000 - - - 12,000,000 56.30 60,000 253,521 -2,968
STL (unlisted) 2011.08.24 Equity investment 1,000 800,000 50.00 4,000 - - - 800,000 50.00 4,000 5,477 -1,337
Lotte International(unlisted) 2006.11.30 Equity investment 1,000 247,915 27.68 92,782 - - - 247,915 27.68 92,782 865,114 6,102
CS Mart (unlisted) 2012.01.16 Equity investment 244,880 12,761,250 99.95 255,826 - - - 12,761,250 99.95 255,826 159,859 9,796
Lotte Hi-mart (listed) 2012.10.31 Equity investment 1,248,068 15,403,274 65.25 1,248,068 - - - 15,403,274 65.25 1,248,068 2,774,637 96,438
D-Cinema of Korea(unlisted) 2008.01.28 Equity investment 1,500 300,000 50.00 - - - - 300,000 50.00 0 48,430 454
M Venture Cultural Vitalization Investment Association (unlisted) 2009.10.01 Equity investment 2,500 175 25.00 1,750 - - - 175 25.00 1,750 6,585 527
Capital OneDiversity Cinema Special Investment Association (unlisted) 2010.03.18 Equity investment 1,000 100 20.00 1,000 - -636 - 100 20.00 364 3,178 -697
So Big Contents Investment Union (unlisted) 2011.01.03 Equity investment 4,000 400 26.67 4,000 - - - 400 26.67 4,000 18,460 1,901
Capital One Middle-Low Budget Cinema Fund (unlisted) 2011.05.24 Equity investment 3,000 30 25.00 3,000 - - - 30 25.00 3,000 11,206 -2,876
CJ Venture Investments Union No. 14 (unlisted) 2011.11.02 Equity investment 6,000 60 30.00 6,000 - - - 60 30.00 6,000 20,164 -1,108
BS Financial Group(listed) 1987.09.23 Equity investment 2,775 6,561,494 2.80 95,142 - - -5,249 6,561,494 2.80 89,893 4,539,500 356,414
Shinhan Financial Group (listed) 1997.12.31 Equity investment 637 311,118 0.07 13,829 - - -949 311,118 0.07 12,880 27,094,548 662,623
M Cieta Development(unlisted) 2006.09.01 Equity investment 1,960 499,800 4.82 2,499 -499,800 -2,499 - - - - 40,924 -936
Bichae Nuri Development(unlisted) 2008.06.09 Equity investment 150 171,600 3.00 - - - - 171,600 3.00 - 3,979 -6,688
Sparx Investment(unlisted)(2) 2009.03.27 Equity investment 8,165 65,680 7.76 15,423 - - 4 65,680 7.76 15,427 49,037 924
Lotte Aluminum(unlisted)(2) 2000.11.23 Equity investment 3,000 125,016 12.05 71,374 - - 15,550 125,016 12.05 86,924 1,687,214 8,210
Lotte Logistics (after the merge)(unlisted) 2007.09.28 Equity investment 4,000 66,308 4.64 10,278 - - 1,215 66,308 4.64 11,493 698,739 14,202
CJ Venture Investment No. 12 Global Contents Investment Partnership (unlisted) 2009.11.20 Equity investment 1,500 15 3.58 1,500 - - - 15 3.58 1,500 34,745 520
East Gate Media Contents & Technology Fund (unlisted) 2010.08.30 Equity investment 5,000 50 14.71 5,000 - - - 50 14.71 5,000 32,415 -2,886
ISU-Renaissance Contents Fund (unlisted) 2011.01.13 Equity investment 2,000 40 13.33 2,000 - - - 40 13.33 2,000 8,489 -1,635
Union Global Contents Fund (unlisted) 2011.11.04 Equity investment 4,000 1,600 16.18 16,000 400 4,000 - 2,000 16.18 20,000 90,284 -6,204
Michigan Global Contents Fund #3 (unlisted) 2012.08.24 Equity investment 2,000 200 13.33 2,000 - - - 200 13.33 2,000 14,880 1,852
Leading Asia Contents Fund (unlisted) 2012.09.18 Equity investment 4,000 400 21.01 4,000 - - - 400 21.01 4,000 17,690 -1,450
Bank Foundation for Young Entrepreneurs Culture Contents Investment Union (unlisted) 2013.08.29 Equity investment 4,000 40 15.09 4,000 - - - 40 15.09 4,000 26,470 -199
LOTTE VIETNAM SHOPPING CO., LTD.(unlisted)(1) 2006.12.15 Equity investment 3,749 - 100.00 125,243 - - - - 100.00 125,243 382,772 -7,491
Lotte Europe Holdings B.V.(unlisted) 2008.05.30 Equity investment 124,379 217,882 30.97 88,817 31,513 10,855 - 249,395 26.98 99,672 496,240 -265,135
Lotte Shopping Holdings(Hong Kong) Co., Limited (unlisted) 2008.10.27 Equity investment 259 1,050,568,831 100.00 720,125 44,892,000 53,049 - 1,095,460,831 100.00 773,174 1,179,121 -343,921
LOTTE SHOPPING HOLDINGS (SINGAPORE) PTE. LTD. (unlisted) 2008.10.28 Equity investment 101 302,975,194 100.00 336,974 2,000,000 2,173 - 304,975,194 100.00 339,147 333,054 1,469
Coralis S.A. (unlisted) 2009.10.29 Equity investment 17,418 787,461 45.00 55,131 - - - 787,461 45.00 55,131 432,119 -13,170
Qingdao LOTTE Mart Commercial Co., Ltd.(unlisted)(1) 2008.01.18 Equity investment 33,219 - 53.84 - - - - - 53.84 0 80,221 -40,741
Lotte Mart Co., Ltd.(unlisted)(1) 2008.06.02 Equity investment 183,033 - 100.00 111,636 - - - - 100.00 111,636 163,345 -22,715
Liaoning LOTTE Mart Co., Ltd. (unlisted)(1) 2008.07.24 Equity investment 2,107 - 40.00 - - - - - 40.00 0 60,073 -17,184
PT.Lotte Shopping Indonesia (unlisted) 2008.11.20 Equity investment 219,737 2,622,812 55.00 214,068 - - - 2,622,812 55.00 214,068 269,554 10,294
Lotte Cinema Vietnam Co., Ltd. (unlisted)(1) 2008.05.02 Equity investment 3,000 - 90.00 15,066 - - - - 90.00 15,066 53,650 -641
Lotte Properties (Shenyang) Limited (unlisted) 2009.01.16 Equity investment 29,018 29,928,756 17.93 41,919 - - - 29,928,756 17.93 41,919 769,869 15,835
Shenyang SL Cinema Investment Management Co., Ltd. (unlisted)(1) 2010.11.16 Equity investment 752 - 49.00 1,496 - - - - 49.00 1,496 2,351 -26
Hubei XL Cinema Co., Ltd. (unlisted) (1) 2011.06.24 Equity investment 2,048 - 49.00 9,423 - - - - 49.00 9,423 17,185 -614
Hemisphere Film Investors II LLC (unlisted)(1) 2011.07.29 Equity investment 578 - 100.00 26,740 - -5,714 - - 100.00 21,026 26,073 -275
LOTTE PROPERTIES (CHENGDU) HK LIMITED (unlisted) 2012.02.14 Equity investment 40,878 144,901,152 73.46 160,391 - - - 144,901,152 73.46 160,391 422,148 -7,263
Lotte (China) Management Ltd. (unlisted)(1) 2012.03.19 Equity investment 6,232 - 70.00 6,232 - - - - 70.00 6,232 7,800 229
Fubon Multimedia Technology Co., Ltd. (unlisted) 2012.03.07 Equity investment 38,771 7,319,420 5.15 85,187 - - -33,633 7,319,420 5.15 51,554 348,097 40,589
Shandong Longzhile Cinema Co., Ltd. (unlisted)(1) 2012.09.19 Equity investment 1,735 - 49.00 6,736 - 437 - - 49.00 7,173 18,777 -2,749
Lotte Incheon Development Co., Ltd. (unlisted) 2012.12.11 Equity investment 50 3,000,000 37.50 15,000 - - - 3,000,000 37.50 15,000 966,984 -6,647
Lotte Food Co., Ltd. 2013.01.01 Equity investment - 47,180 3.45 27,364 - - 22,127 47,180 3.45 49,491 1,193,151 59,873
Hyundai Green Food Co., Ltd. 2013.01.01 Equity investment - 132,326 0.14 2,508 - - 880 132,326 0.14 3,388 1,457,238 53,014
LOTTE HOTEL & RETAIL VIETNAM PTE. LTD. (unlisted) 2013.01.01 Equity investment - 12,380,000 20.00 14,185 - - - 12,380,000 20.00 14,185 71,696 5,649
LHSC Limited (unlisted) 2013.01.01 Equity investment - 27,425,378 16.02 31,942 - - - 27,425,378 16.02 31,942 194,100 -4
Lotte Shopping Reit Management Singapore PTE. LTD (unlisted) 2014.01.02 Equity investment - 2,000,000 100.00 1,660 - -1,305 -355 - - - 1,194 -459
Lotte Incheon Town Co., Ltd. (unlisted) 2014.05.19 Equity investment 50 10,000 100.00 50 690,000 3,450 - 700,000 35.00 3,500 46 -5
Lotte Department Store Masan (unlisted) 2014.09.16 Equity investment 4,200 900,000 100.00 4,500 2,400,000 12,000 - 3,300,000 100.00 16,500 4,298 -183
Aegis First (unlisted) (2) 2014.09.25 Equity investment 6,074 121,477 - 5,992 - - -117 121,477 - 5,875 630,729 -10,505
Eunpyeong PFV (unlisted) 2014.09.12 Equity investment 3,500 350,000 20.11 3,500 - - - 350,000 20.11 3,500 181,593 -4,550
Lotte Members(unlisted) 2015.01.01 Equity investment 12,065 - - - 845,537 12,065 - 845,537 93.78 12,065 - -
Total - - 6,117,148 - 107,292 - 527 - - 6,223,912 - -
-
-
845,537
12,065
-
845,537
93.78
12,065
-
-
Total
-
-
6,117,148
-
107,292
- 527
-
-
6,223,912
-
-
Notes:
(1) Shares not issued in accordance with the applicable local laws.
(2) The Company owns preferred shares of Aegis No.1 Co., Ltd. and, while calculating equity share, they are to be
excluded. The Company's equity interest of the preferred shares is 2.55% by owning 121,477 shares out of total preferred
shares of 4,769,368.
※ Cost-value method applied to the carrying amount of the above investee companies (except for the carrying amount of
investee companies where market price or fair value valuation was applicable).
※ Loss impairment for Lotte Shopping Holdings (Hong Kong) Co., Limited, Liaoning LOTTE Mart Co., Ltd., Lotte Europe
Holdings B.V was recorded last year.
※ Fiscal year ends in August for FRL Korea, January for Zara Retail Korea, February for STL and March for Sparx
Investment.
VI. Shareholders
A. The Largest Shareholder and Specially Related Parties
(As of 30 September 2015)
(Unit: shares, %)
Name Relationship Type of shares Shareholding Reason for Change
At the beginning of the period At the end of the period
Number of Shares Shareholding Ratio Number of Shares Shareholding Ratio
Dongbin Shin Himself Common shares 4,237,627 13.46 4,237,627 13.46 -
Dongju Shin Relative Common shares 4,235,883 13.45 4,235,883 13.45 -
Kyukho Shin Relative Common shares 293,877 0.93 293,877 0.93 -
Youngja Shin Relative Common shares 232,818 0.74 232,818 0.74 -
Wonjun lee Director Common shares 0 0.00 300 0.00 -
Hotel Lotte Co., Ltd. Related company Common shares 2,781,947 8.83 2,781,947 8.83 -
Korea Fuji Film Co., Ltd. Related company Common shares 2,474,543 7.86 2,474,543 7.86 -
Lotte Confectionary Co., Ltd. Related company Common shares 2,474,543 7.86 2,474,543 7.86 -
Lotte Data Communication Company Related company Common shares 1,515,653 4.81 1,515,653 4.81 -
Lotte Chilsung Co., Ltd. Related company Common shares 1,237,272 3.93 1,237,272 3.93 -
Lotte Construction Co., Ltd. Related company Common shares 300,019 0.95 300,019 0.95 -
Busan Lotte Hotel, Co., Ltd. Related company Common shares 246,720 0.78 246,720 0.78 -
Seonyun Jang Relative Common shares 700 0.00 700 0.00 -
Yumi Shin Relative Common shares 28,903 0.09 28,903 0.09 -
Lotte Samdong Welfare Foundation Foundation Common shares 47,888 0.15 47,888 0.15 -
Yuwon Industry Co., Ltd. Other Common shares 3,000 0.01 3,000 0.01 -
Mikyeong Seo Other Common shares 30,531 0.10 30,531 0.10 -
Jaeyoung Jang Other Common shares 950 0.00 950 0.00 -
Juyoung Yu Other Common shares 499 0.00 499 0.00 -
Treasury stock Other Common shares 1,938,688 6.16 1,938,688 6.16 -
Total Common shares 22,082,061 70.12 22,082,361 70.12 -
Preferred shares 0 0 0 0
※ The number of specially related parties: 18
※ The largest shareholder: Dongbin Shin
B. Change in the largest shareholder
There has not been any change in the largest shareholder during the reporting period (for the recent three business
years).
C. Distribution of Shares
Shareholders owning more than 5% of the Company's shares
(As of 30 September 2015)
(Unit: shares, %)
Name Number of shares Equity interest
Dongbin Shin 4,237,627 13.46%
Dongju Shin 4,235,883 13.45%
Hotel Lotte Co., Ltd. 2,781,947 8.83%
Korea Fuji Film Co., Ltd. 2,474,543 7.86%
Lotte Confectionary Co., Ltd. 2,474,543 7.86%
.※ The employee stock ownership association has 40,937 shares, which is equal to a 0.13% interest in the Company.
1. Stock Price and Transaction Record
a. Domestic Stock Market
(Unit: Won, shares)
Category April2015 May2015 June2015 July2015 August2015 September2015
Common stock price Maximum 272,500 273,500 247,500 258,000 268,500 293,000
Minimum 229,000 249,000 220,500 223,500 204,500 268,500
Average 253,818 262,694 230,250 233,978 242,350 283,725
Transaction volume Daily maximum 145,923 153,240 116,141 374,492 575,672 277,867
Daily minimum 35,215 33,218 36,373 25,728 88,932 35,403
Monthly total 1,628,407 1,217,039 1,288,050 2,014,846 3,956,859 2,077,692
b. Overseas Stock Market
Exchange: London Stock Exchange
(Unit: USD)
Category April2015 May2015 June2015 July2015 August2015 September2015
Common stock price Maximum 12.50 12.45 10.95 10.70 11.30 12.10
Minimum 10.25 11.40 9.80 9.59 9.22 11.05
Average 11.65 11.89 10.28 10.04 10.07 11.94
VII. Executives and Employees
A. Status of Executives and Employees
1. Executives
Registered Executives
(As of 30 September 2015)
(Unit: shares)
Kyukho Shin 1922.10 Executive Chairman Representative Director 293,877 - - 2017.03.20
Dongbin Shin 1955.02 Chairman Inside Director 4,237,627 - - 2016.03.21
Inwon Lee 1947.08 Vice-Chairman Representative Director - - - 2016.03.21
Wonjoon Lee 1956.11 President Representative Director 300 - - 2016.03.21
Youngja Shin 1942.10 Inside Director Inside Director 232,818 - - 2016.03.21
Taehyeon Kim 1955.06 Outside Director Outside Director - - 3 years 6months 2016.03.21
Sukeun Kwak 1953.08 Outside Director Outside Director - - 1 year6months 2016.03.21
Byungkee Ko 1955.04 Outside Director Outside Director - - 1 year6months 2016.03.21
Chungsook Moon 1955.03 Outside Director Outside Director - - 6months 2017.03.20
Hyeryun Kang 1957.07 Outside Director Outside Director - - 6months 2017.03.20
6months
2017.03.20
Hyeryun Kang
1957.07
Outside Director
Outside Director
-
-
6months
2017.03.20
※ .. Please note the interim resignation of Dongyeol Park on 2015.09.24, an inspection commissioner of the audit
committee.
Non-registered Executives
(As of 30 September 2015)
(Unit: shares)
Gakgyu Hwang 1955.04 President Operations 65
Jinse So 1950.05 President External Coordiantion 142
Jaehwa Kim 1954.07 President Audit Director
Jongmin Yoon 1960.11 Vice President Human resources
Bongcheol Lee 1958.05 Vice President Support
Heetae Gang 1959.04 Vice President Department Store China 111
Jongin Kim 1963.03 Vice President Mart Executive President 24
Jaedon Ryu 1960.08 Senior Managing Director Secretary
Ilmin Lee 1959.06 Senior Managing Director Secretary 47
Byungyeon Lim 1964.09 Senior Managing Director Vision Strategy
Gap Lee 1962.09 Senior Managing Director Operations 85
Jaechan Lee 1960.02 Senior Managing Director Communications
Jaeyoon Suh 1958.06 Senior Managing Director China
Changrak Kim 1957.12 Senior Managing Director Department Store Business 1 219
Hosung Park 1958.09 Senior Managing Director Department Store Product 1 202
Wansin Lee 1960.10 Senior Managing Director Department Store Marketing 386
Janghwa Lee 1959.06 Senior Managing Director Department Store Business 3
Yongpyo Moon 1962.04 Senior Managing Director Mart Product 32
Chunseok Choi 1960.03 Senior Managing Director Representative Director (Supermarket) 86
Wonchun Cha 1957.12 Senior Managing Director Representative Director (Cinema)
Jonghyeon Kang 1964.05 Managing Director Operations
SoochanKo 1962.09 Managing Director Operations
Seokhwan Lee 1967.08 Managing Director Communications
Ikwoo Nam 1962.01 Managing Director Operations
Gyungmoon Jung 1964.02 Managing Director Vision Strategy
JonghyunLee 1963.04 Managing Director Public relation
Hyun o k Kim 1969.07 Managing Director Legal
Jinsung Lee 1969.02 Managing Director Strategy & Insight Center
Hoju Jang 1960.08 Managing Director Department Store Finance 100
Yoonnchul Noh 1961.04 Managing Director Department Store New business 200
Donghyuk Jeong 1962.07 Managing Director Department Store Business 2 40
JunWon Lim 1962.05 Managing Director Department Store Daegu branch
Taehak Cho 1961.03 Managing Director Department Store Shenyang branch 86
Suhyun Jang 1964.06 Managing Director Department Store Main branch 154
Yeongkyun Kim 1960.10 Managing Director Mart Southeast Asia
Changhui Nam 1966.10 Managing Director Mart Marketing 96
Byungmoon Han 1963.06 Managing Director Mart Customer 32
Seunghee Kim 1965.04 Managing Director Supermarket development 1
Jonghuan Kim 1962.05 Managing Director Supermarket sales 32
Sunghyun Kang 1970.01 Managing Director Lohbs Executive President
Taewan Kim 1965.03 Director Vision Strategy
Wonkyu Ki 1966.02 Director Human resources 62
Woochul Cha 1968.01 Director Audit Director 16
Yongseok Hwang 1970.02 Director Corporate culture 16
SunghackLee 1965.12 Director Communications
Chansoo Kim 1965.03 Director Distribution CFD
Changyong Kim 1967.03 Director Audit Director
Youngchul Jung 1971.05 Director Secretary
Byeonghui Lee 1969.03 Director Communications
Chanseo Park 1969.03 Director Finance
InKu Park 1967.10 Director Vision Strategy
hongchulKim 1970.01 Director Audit Director
Young h wan Lee 1970.06 Director Human resources 55
Unseong Baek 1965.06 Director Welfare 71
Gwangchul Shin 1967.11 Director Strategy & Insight Center 29
Changhee Choi 1972.03 Director Strategy & Insight Center
MyeongseobShim 1970.01 Director Strategy & Insight Center
Byung u k Lee 1970.01 Director Strategy & Insight Center
Sangseon Yoon 1969.11 Director China
Hyungsik Jeon 1963.08 Director Department Store Busan main branch 164
Younsung Jung 1965.03 Director Department Store Avenuel World Tower branch 119
Gyuwan Hwang 1965.02 Director Department Store Jamsil branch 121
Jun Jang 1958.12 Director Department Store Design 32
Choulwon Jang 1963.08 Director Department Store GF business 41
Daehun Park 1964.08 Director Department Store Cheongnyangni 172
Minyeol Ryu 1966.03 Director Department Store Youngdeungpo branch 171
Youngjae Cho 1966.04 Director Department Store Planning 156
Hoseol Lee 1970.07 Director Department Store Men's sports 94
Giljo Woo 1966.08 Director Department Store Product 2 50
Taeheung Nam 1964.12 Director Department Store Chengdu World Center branch
Daesu Kim 1967.09 Director Department Store Nowon branch 50
Jungho Song 1966.03 Director Department Store MD strategy 752
Wansu Park 1968.11 Director Department Store Management support 123
Jaeok Lee 1970.01 Director Department Store women's fashion 35
Hyeonseok Min 1967.06 Director Department Store Russia
Wookyung Kim 1967.02 Director Department Store IR Team 62
Hyungkyu Lee 1967.01 Director Department Store Pyeonchon branch 30
Seondae Lee 1970.01 Director Department Store Public relations
Gidae Nam 1967.02 Director Department Store Food products 132
Gilmo Han 1967.07 Director Department Store Shopping mall East Busan branch 55
Yonghwan Lee 1967.10 Director Department Store Suwon branch 112
Jonghyeok Hyeon 1969.10 Director Department Store Ulsan branch 40
Yeongsu Ha 1970.06 Director Department Store Home appliances 53
Sangbyeong Park 1970.07 Director Department StoreNew businessIncheon Project 40
Yeongtaek Yu 1969.06 Director Department Store Gwangju branch 40
Jieun Kim 1969.08 Director Department StoreOverseas fashion 50
Joohyuk Park 1968.01 Director Department Store Dongrae branch 60
Younghwan Park 1968.11 Director Department Store Gwangbok branch 55
Jaiwook Kang 1968.01 Director Department Store Daejeon branch 40
Jinyup Kim 1970.04 Director Department Store merchandise 65
Junseok Cho 1970.03 Director Department Store Premium Outlets Paju branch 74
Deoghyung E 1970.06 Director Department Store Premium Outlets Gimhae branch 100
Kyoung Choi 1970.04 Director Department Store Centum City branch 10
Sangsoo Kim 1971.08 Director Department Store Changwon branch 80
Hyun Park 1971.09 Director Department Store overseas business 50
Chimin Shin 1967.11 Director Department Store Ethical management 40
Daesik Jang 1966.12 Director Mart ethical innovation
Pyungkyu Hong 1962.11 Director Mart Lifestyle 80
Ilgeun Oh 1968.07 Director Mart Daejeon Chungcheong customer 39
Wonsik Hong 1966.06 Director Mart Vietnam 32
Jookyung Yoon 1965.04 Director Mart Indonesia retail 71
Seungsun Song 1971.06 Director Mart Online
Jinkyeng Kim 1964.09 Director Mart Seoul customer
Minhee Lee 1969.08 Director Mart VIC Market product
Minho Kang 1968.11 Director Mart management support 10
Gwangho Wang 1965.08 Director Mart site development 32
Chansik Bang 1966.02 Director Mart Northern China
Joohee Woo 1967.03 Director Mart fresh foods 1 32
Soonjin Jung 1961.10 Director Mart business development 10
Hakjae Lee 1966.04 Director Mart Northern China 32
Heekyung Kim 1962.05 Director Mart gyeonggi Southern customer 166
Gwanghui Seong 1964.06 Director Mart Incheon customer 71
Eunmo Yang 1967.06 Director Mart processed foods 31
Yeongsik Park 1964.02 Director Mart clothing & merchandise
Seungmu Heo 1965.02 Director Mart Southeast Asia integrated finance 32
Gwani Lee 1969.01 Director Mart Fresh foods 2
Gyeongu Yu 1966.10 Director Mart overseas cooperation
Yeongbae Ham 1962.02 Director Mart Finance
Yeongjun Cho 1971.01 Director Mart China product innovation
Gwonhee Cho 1965.01 Director Mart yeongnam easten part customer
Sungmin Im 1968.03 Director Mart gwangju honam customer
Jaewoo Jeong 1971.08 Director Mart marketing
Jaechul Lim 1972.11 Director Mart business strategy
Sanghae Kim 1968.10 Director Mart Yeongnam western part Customer
Seonmee Jeong 1966.02 Director Mart global education
Hyunsun Seo 1971.09 Director Mart VMD strategy
Wonho Jung 1969.02 Director Supermarket product 55
Jaehyung Seo 1964.10 Director Supermarket marketing
Hyungseok Han 1965.06 Director Supermarket membership development 16
Minsu Kang 1965.02 Director Supermarket central district 15
Eunggeol Kim 1967.03 Director Supermarket Planning
Youseok Jeon 1964.09 Director Supermarket fresh foods
Yoojin Kim 1965.06 Director Supermarket development 2
Jongun Kim 1970.09 Director Supermarket capital area 1 15
Jongyoon An 1967.07 Director Supermarket management support
Kiwook Lee 1969.10 Director Lohbs management support
Seungchul You 1962.02 Director Cinema management support 32
Gwanro Lee 1963.02 Director Cinema theatre 32
Sangmoo Lee 1968.09 Director Cinema movie
Hyeongsu Ji 1965.10 Director Cinea new business
Eungyo Lee 1967.08 Director Cinema management strategy
Cinema management support
32
Gwanro Lee
1963.02
Director
Cinema theatre
32
Sangmoo Lee
1968.09
Director
Cinema movie
Hyeongsu Ji
1965.10
Director
Cinea new business
Eungyo Lee
1967.08
Director
Cinema management strategy
2. Employees
(As of 30 September 2015)
(Unit: persons, year, thousand Won)
Department Store(2) Male 2,109 - - 2,109 12.3 115,530,047 54,547
Female 3,043 381 - 3,424 9.8 93,629,022 26,789
Discount Store Male 3,937 - - 3,937 8 141,175,401 35,775
Female 9,698 - - 9,698 4.7 154,616,046 18,633
Others Male 2,056 252 - 2,308 5.5 68,115,097 29,494
Female 3,238 1,477 - 4,715 3.8 73,020,295 15,878
Total 24,081 2,110 - 26,191 6.3 646,085,908 26,088
3.8
73,020,295
15,878
Total
24,081
2,110
-
26,191
6.3
646,085,908
26,088
Notes:
(1) Based on eight hour work days and an average total of 24,766 employees.
※ Starting from the Company's 2010 annual report, the Company disclosed data for both full-time and contract employees.
Prior to the Company's 2010 annual report, it only disclosed data for full-time employees. As such, readers should note
the differences when comparing the number of employees, average number of years worked, aggregate annual compensation and
average compensation per person.
※ Super Market, Cinema, and H&B Business are included in "Others."
B. Compensation
Compensation of Directors
(Unit: million Won)
Category Number of directors Amount paid Average per person
Registered Director 5 3,493 699
Outside Director 3 152 51
Audit Committee Member 3 140 47
Total 11 3,784 344
Compensation of Individual Directors
(Unit: million Won)
Name Position Amount paid Note
Kyukho Shin Executive Chairman 1,200 Consisting of W1,200 million in salary
Dongbin Shin Chairman 750 Consisting of W750 million in salary
Inwon Lee Vice-Chairman 717 Consisting of W717 million in salary
VIII. Transactions with Interested Parties
A. Transactions with the Largest Shareholder and its Affiliates
Not applicable.
B. Collateral
Not applicable.
C. Guarantee of Obligations
(Unit: USD 1,000, CNY 1,000)
Company name Relation Transaction details Note
Beginning Increase Decrease Ending
Lotte Properties (Chengdu) HK Limited Consolidated subsidiary company USD 140,000 - - USD 140,000 Agreed interest is included
USD 50,000 - - USD 50,000
Lotte Shopping RUS Ltd. Company under the equity method USD 5,000 - - USD 5,000 Agreed interest is included
PT. LOTTE Shopping Avenue Indonesia Consolidated subsidiary company USD 20,000 USD 20,000 Agreed interest is included
Shandong Longzhile Cinema Co., Ltd. Company under the equity method CNY 24,000 - - CNY 24,000 Agreed interest is included
Lotte Shopping Holdings(Hongkong) Co., Ltd. Consolidated subsidiary company USD 38,136 - - USD 38,136 Agreed interest is included
USD 38,135 - - USD 38,135
USD 38,135 - - USD 38,135
USD 38,135 - - USD 38,135
- USD 120,214 - USD 120,214
LOTTE SHOPPING HOLDINGS (SINGAPORE) PTE. LTD. Consolidated subsidiary company KRW 52,949 KRW 52,949 - Performance guaranty for full payment of taking-over
Lotte Shopping Business Management (Hong Kong) Limited Consolidated subsidiary company CNY 750,000 - CNY 750,000 - Agreed interest is included
International Business Center Company Limited Company under the equity method - USD 18,500 - USD18,500 Agreed interest is included
- USD 1,500 - USD 1,500 Agreed interest is included
Lotte Business Management (Tianjin) Co., Ltd Consolidated subsidiary company - CNY 200,000 - CNY 200,000 Agreed interest is included
LOTTE DEPARTMENT STORE (TIANJIN) CO., LTD. Consolidated subsidiary company - CNY 110,000 - CNY 110,000 Agreed interest is included
IX. Other Relevant Matters
A. Summary of the Minutes from the General Meeting of Shareholders
Date Matters Decision
45hGeneral Meeting of Shareholders(20 March 2015) Agenda No. 1: Approval of the Company's 45hfiscal year financial statementsAgenda No. 2 Appointment of directors-No. 2-1: Appointment of inside directors Approved
-No. 2-2: Appointment of outside directors
Agenda No. 3: Approval of compensation limit for directors
B. Contingent Liabilities
1. Major legal proceedings
The Company's management does not believe that the final outcome of the lawsuits that it is currently involved in would
significantly affect the Company's financial condition.
a. Major lawsuits where the Company is the plaintiff
(Unit: thousand Won)
Department store Lotte Shopping Claim related to cancellation of gross real estate tax (and 18 other cases) 17,252,112
Lotte Department Store Masan Damages claim (and 1 other cases) 80,354
Discount store Lotte Shopping Claim related to cancellation of construction permits (and 10 other cases) 2,427,118
Finance Lotte Card Debt collection claim (and 382 other cases) 2,507,903
eB Card Claim related to payment (and 3 other cases) 1,006,695
Electronics Lotte Hi-mart Damages claim (and 2 other cases) 368,904
Others Lotte Shopping (Super) Claim related to cancellation of business hours restriction (and 3 other cases) 136,144
Lotte Shopping (Cinema) Claim related to cancellation fee (and 8 other cases) 8,265,982
Korea Seven Claim on return of rental deposit (and 36 other cases) 2,099,536
Buy the Way Claim on termination of franchise agreement and uncollected balance (and 6 other cases) 247,218
Woori home shopping Administrative litigations related to deliberation and decision of Fair Trade Commission (FTC) (and 1 other cases) 1,400,000
Cs mart Claim for payment of goods(and 3 other cases) 282,985
1,400,000
Cs mart
Claim for payment of goods(and 3 other cases)
282,985
b. Major lawsuits where the Company is the defendant
(Unit: thousand Won)
Department store Lotte Shopping Damages claim (and 13 other cases) 6,080,300
Lotte Department Store Masan Retirement claim(and 1 other cases) 78,000
Discount store Lotte Shopping Damages claim (and 13 other cases) 14,735,490
LOTTE MART COMPANY LIMITED Damages claim (and 1 other cases) 5,436,828
Lotte Mart (Chongqing) Commercial Co., Ltd. Damages claim (and 1 other cases) 18,771,000
Finance Lotte Card Damages claim (and 100 other cases) 42,957,619
eB Card Claim related to remuneration (and 4 other case) 3,044,406
Electronics Lotte Hi-mart Damages claim (and 6 other cases) 1,696,680
Others Lotte Shopping (Super) Damages claim (and 4 other cases) 2,453,818
Lotte Shopping (Cinema) Damages claim (and 1 other cases) 85,569
Korea Seven Damages claim (and 38 other cases) 2,365,306
Buy the Way Eviction(and 2 other cases) 182,599
Woori Home Shopping Damages claim (and 4 other cases) 3,038,342
Cs mart Claim for payment 39,548
3,038,342
Cs mart
Claim for payment
39,548
2. Bills or checks provided as collateral
(1) Lotte Card, which is a subordinate company, bears the warranty responsibility in the event of failure of asset backed
card debenture to equip itself with appropriate requisites or in the event of occurrence of causes such as overdue. In the
case of trust format of liquidation, the trust company can request Lotte Card to put assets in excess of a prescribed
amount into trust additionally if the assets being assigned fail to be maintained at or above a prescribed level. In
addition, in the event of asset liquidation, if prescribed causes such as when the average portfolio profit rate over the 3
continuous settlement terms falls below the average basic cost rate over the same period or when the revised balance of the
principal of liquefied assets as of the date of the termination date of each of the settlement terms falls below the
minimum balance of the principal of liquefied assets, etc. agreed upon under the relevant contract materialize, then, the
limited company specializing in asset liquidation shall bear the responsibility for early redemption of the asset backed
securities.
(2) Lotte Shopping has the right to purchase 5.1% of the entire stocks of Hyundai Logistics Co., Ltd. that Aegis First
owns. Aegis First, unless the Lotte Shopping does not exercise call option for the said equity, has the right to sell it to
Lotte Shopping. On the other hand, the entire amount of the stocks of Aegis First(with book value of 5,875,427,000 Won)
that Lotte Shopping owns has been offered as collateral to the Mizuho Bank in relations to the loan by Aegis First
3. Use of proceeds from private placements
(As of 30 September 2015)
(Unit: million Won)
Convertible bond issue 2011.07.05 960,003 Overseas investment and repayment of foreign currency borrowings Overseas investment and repayment of foreign currency borrowings
ExchangeableBond issue 2013.01.24 321,200 Overseas investment and repayment of foreign currency borrowings Overseas investment and repayment of foreign currency borrowings
ExchangeableBond issue
2013.01.24
321,200
Overseas investment and repayment of foreign currency borrowings
Overseas investment and repayment of foreign currency borrowings
※ The exchange rates in effect on the remittance date (5 July 2011), of US$ 1.00 = Won 1,063.8 and JPY 1 = Won 13.1724,
were applied.
※ On 5 July 2014, holders exercised their early redemption option and redeemed US$480,000,000 and JPY 22,940,000,000
aggregate principal amount of the convertible bonds.
4. Other Contingent Liabilities
a. Detail of payment guarantees on behalf of specially related parties
Details of guarantee or payment guarantees provided by the Company in favour of its specially related parties are as
follows. There are no guarantee or payment guarantees provided by such specially related parties in favour of the
Company.
Company name Guarantor Guaranteed amount Term ofguarantee Remarks
Lotte Shopping Rus Ltd. Korea Exchange Bank USD 5,000,000 2014.05.02~2017.05.02 Payment guarantees for funding
Shandong Longzhile Cinema Co., Ltd. Shinhan Bank CNY 24,000,000 2014.06.23~2017.06.23
International BusinessCenter Company limited KOREA EXIM BANK USD 18,500,000 2015.03.01~2016.04.06
KEXIM (Vietnam) USD 1,500,000
In addition to the above, D Cinema of Korea Co., Ltd. entered into a VPF agreement with Twentieth Century Fox Film
Corporation in October 2008, and D Cinema's performance thereunder was guaranteed by CJ CGV Co., Ltd. and the Company (50%
each). In addition, the Company has guaranteed Burger King Japan Co., Ltd.'s royalty contract with BK ASIAPAC PTE. Ltd
(3.0% of sales and US$25,000 per store opened). Furthermore, the Company, Lotte Hotel and Lotte Construction have entered
into a joint supplemental funding agreement in connection with the Won 700 million Lotte Incheon Development asset backed
securities due 23 February 2018 issued by HND Able 2nd Limited in case HND Able 2nd Limited is unable to pay principal or
interest on the securities.
5. Issuance of hybrid securities recognized as equity
(As of 30 September 2015)
(Unit: million Won)
Issuance number Issue No. 1-1, 1-2 of Lotte Shopping subordinated hybrid securities
Issuance date 15 November 2013
Issued amount Won 270 billion (No. 1-1: Won 240 billion, No. 1-2: Won 30 billion)
Purpose of issuance Repayment of borrowings and general corporate purposes
Type of offering Private placement
Listed/Unlisted Unlisted
Nonredemption Balance Won 270 billion (No. 1-1: Won 240 billion, No. 1-2: Won 30 billion)
Recognition Capital Related Issue Reason for theAccounting management Issued securities were recognized as equity shares as they are not considered as part of assets that may be collected for money owed to creditors. However, no dividend may be paid until all interests have been paid.
The recognition capital ratio of the credit-rating agencies, etc. Moody's : 50%, Fitch : 50%
Unpaid accumulated interest None
Maturity and early redemption Maturity: 30 years (but may be extended)
Call options are exercisable five years after issuance date.
Interest rate (with conditions for rate adjustment) 4.723% (the rate will be recalculated every five years after issuance date as 5-year government bond yield＋1.5%, with an additional 1% at 10 years after issuance)
Seniority When liquidating a company, it is on the same level as the last back burner among the preferred stocks that are related to the distribution of the residuary estate. It is
in the prior order than the common stock of the company; subordinated over the rest of the debts except for the debts specified to be entrusted in the same order as the
existing preferred stocks of the company.
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