ExD, ExD′는 부채구조를 나타내는데 ExD는 금융계열사의 외부부채, ExD′는 비금융 계열사의 외부부채를 의미한다.
ExD and ExD' represent a debt structure, where ExD stands for the external debt of financial affiliates, and ExD' stands for the external debt of non-financial affiliates.