ii) Changes in goodwill for the years ended December 31, 2016 and 2017
2016 | 2017 | |||||||
Beginning balance |
3,871,482 | 3,873,060 | ||||||
Acquisitions through business combinations (*1) |
4,427 | 42,103 | ||||||
Impairment loss (*2) |
(2,849 | ) | — | |||||
|
|
|
|
|||||
Ending balance |
3,873,060 | 3,915,163 | ||||||
|
|
|
|
(*1) | The Group recognized the goodwill at the Shinhan Bank Vietnam Ltd. in 2017. (note 49) |
(*2) | The Group recognized full impairment on the goodwill allocated to PT. Shinhan Indo Finance in prior year. |