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• Consolidated financial statements

  Consolidated Statement of financial position

  2014 (Unit : KRW)

  Consolidated Statement of financial position(자산)

  	FY 2014		FY 2013
  Total assets		1,315,550,521,636		1,027,960,170,761
  Assets
  Current assets		297,727,982,575		313,006,062,914
  Cash and cash equivalents	52,896,707,214		47,933,459,149
  Short-term financial instrument	2,166,462,029		5,958,854,295
  NEWAccount for Current assets (2)
  financial assets held to maturity	8,835,000		24,420,000
  Trade and other receivables	191,007,575,230		173,685,243,840
  Unclaimed construction	22,675,491,633		47,036,058,158
  Inventories	5,797,170,795		4,774,520,234
  Current tax assets			27,176,186
  Other financial assets	7,091,398,965		10,019,806,860
  Other current assets	16,084,341,709		23,546,524,192
  Non-current assets		1,017,822,539,061		714,954,107,847
  Long-term financial Instruments	18,000,000		1,208,000,000
  Long-term trade and other non-current receivables, gross	718,449,865		5,268,101,545
  available-for-sale financial assets	13,403,881,660		13,354,777,090
  financial assets held to maturity	48,230,000		57,065,000
  investment for affiliated company	30,886,418,899		26,386,418,899
  Property, plant and equipment	841,869,020,732		540,601,441,841
  Investment property	89,896,326,066		90,183,070,677
  intangible assets	3,027,215,956		3,216,722,643
  Deferred tax assets	4,156,770,668		7,739,255,053
  Other non-current financial assets	33,798,225,215		26,939,255,099

  Liabilities

  	FY 2014		FY 2013
  Total liabilities		1,016,990,756,641		768,229,539,442
  Liabilities
  Current liabilities		602,345,480,135		484,203,319,080
  Trade and payables	215,910,686,996		204,971,139,114
  extracharge construction	67,128,705,881		60,613,333,813
  borrowings	306,950,256,548		194,730,290,000
  Current tax liabilities	6,954,420,577		4,755,443,557
  deferred revenue
  Other current financial liabilities			139,893,608
  other current liabilities	5,401,410,133		18,993,218,988
  Non-current liabilities		414,645,276,506		284,026,220,362
  borrowings, gross	408,611,214,703		276,764,754,636
  Post-employment benefit obligations	90,479,975		5,211,875,866
  Deferred tax liabilities	22,228,395		16,480,784
  Non-current provisions	4,408,817,586		394,719,362
  Other non-current non-financial liabilities	874,369,574		806,019,574
  other non-current liabilities	638,166,273		832,370,140

  Consolidated Statement of financial position(자본)

  	FY 2014		FY 2013
  Equity
  Equity attributable to owners of parent		178,715,733,648		157,009,003,542
  Issued capital	14,000,000,000		14,000,000,000
  other contributed equity	9,649,708,833		9,649,708,833
  Retained earnings	151,808,264,193		130,649,741,141
  Elements of other stockholder's equity	3,257,760,622		2,709,553,568
  Non-controlling interests		119,844,031,347		102,721,627,777
  Total equity		298,559,764,995		259,730,631,319
  Total equity and liabilities		1,315,550,521,636		1,027,960,170,761

  

  • Consolidated Statement of financial position(자산)

    	FY 2014
    Total assets		1,315,550,521,636
    Assets
    Current assets		297,727,982,575
    Cash and cash equivalents	52,896,707,214
    Short-term financial instrument	2,166,462,029
    NEWAccount for Current assets (2)
    financial assets held to maturity	8,835,000
    Trade and other receivables	191,007,575,230
    Unclaimed construction	22,675,491,633
    Inventories	5,797,170,795
    Current tax assets
    Other financial assets	7,091,398,965
    Other current assets	16,084,341,709
    Non-current assets		1,017,822,539,061
    Long-term financial Instruments	18,000,000
    Long-term trade and other non-current receivables, gross	718,449,865
    available-for-sale financial assets	13,403,881,660
    financial assets held to maturity	48,230,000
    investment for affiliated company	30,886,418,899
    Property, plant and equipment	841,869,020,732
    Investment property	89,896,326,066
    intangible assets	3,027,215,956
    Deferred tax assets	4,156,770,668
    Other non-current financial assets	33,798,225,215

  • Consolidated Statement of financial position(자산)

    	FY 2013
    Total assets		1,027,960,170,761
    Assets
    Current assets		313|006|062|914
    Cash and cash equivalents	313,006,062,914
    Cash and cash equivalents	47,933,459,149
    Short-term financial instrument	5,958,854,295
    NEWAccount for Current assets (2)
    financial assets held to maturity	24,420,000
    Trade and other receivables	173,685,243,840
    Unclaimed construction	47,036,058,158
    Inventories	4,774,520,234
    Current tax assets	27,176,186
    Other financial assets	10,019,806,860
    Other current assets	23,546,524,192
    Non-current assets		714,954,107,847
    Long-term financial Instruments	1,208,000,000
    Long-term trade and other non-current receivables, gross	5,268,101,545
    available-for-sale financial assets	13,354,777,090
    financial assets held to maturity	57,065,000
    investment for affiliated company	26,386,418,899
    Property, plant and equipment	540,601,441,841
    Investment property	90,183,070,677
    intangible assets	3,216,722,643
    Deferred tax assets	7,739,255,053
    Other non-current financial assets	26,939,255,099

  • Consolidated Statement of financial position(부채)

    	FY 2014
    Total liabilities		1,016,990,756,641
    Liabilities
    Current liabilities		,
    Trade and payables	602,345,480,135
    Trade and payables	215,910,686,996
    extracharge construction	67,128,705,881
    borrowings	306,950,256,548
    Current tax liabilities	6,954,420,577
    deferred revenue
    Other current financial liabilities
    other current liabilities	5,401,410,133
    Non-current liabilities		414,645,276,506
    borrowings, gross	408,611,214,703
    Post-employment benefit obligations	90,479,975
    Deferred tax liabilities	22,228,395
    Non-current provisions	4,408,817,586
    Other non-current non-financial liabilities	874,369,574
    other non-current liabilities	638,166,273

  • Consolidated Statement of financial position(부채)

    	FY 2013
    Total liabilities		768,229,539,442
    Liabilities
    Current liabilities		484,203,319,080
    Trade and payables	204,971,139,114
    extracharge construction	60,613,333,813
    borrowings	194,730,290,000
    Current tax liabilities	4,755,443,557
    deferred revenue
    Other current financial liabilities	139,893,608
    other current liabilities	18,993,218,988
    Non-current liabilities		284,026,220,362
    borrowings, gross	276,764,754,636
    Post-employment benefit obligations	5,211,875,866
    Deferred tax liabilities	16,480,784
    Non-current provisions	394,719,362
    Other non-current non-financial liabilities	806,019,574
    other non-current liabilities	832,370,140

  • Consolidated Statement of financial position(자본)

    	FY 2014
    Equity
    Equity attributable to owners of parent		178,715,733,648
    Issued capital	14,000,000,000
    other contributed equity	9,649,708,833
    Retained earnings	151,808,264,193
    Elements of other stockholder's equity	3,257,760,622
    Non-controlling interests		119,844,031,347
    Total equity		298,559,764,995
    Total equity and liabilities		1,315,550,521,636

  • Consolidated Statement of financial position(자본)

    	FY 2013
    Equity
    Equity attributable to owners of parent		157,009,003,542
    Issued capital	14,000,000,000
    other contributed equity	9,649,708,833
    Retained earnings	130,649,741,141
    Elements of other stockholder's equity	2,709,553,568
    Non-controlling interests		102,721,627,777
    Total equity		259,730,631,319
    Total equity and liabilities		1,027,960,170,761

  Consolidated Statement of comprehensive income

  2014 (Unit : KRW)

  Consolidated Statement of comprehensive income

  	FY 2014		FY 2013
  Revenue(Sales)		877,234,227,480		667,502,467,081
  Cost of sales		-766,659,497,516		619,175,421,577
  Gross profit		110,574,729,964		48,327,045,504
  Selling general administrative expenses		-52,302,050,895		47,026,253,711
  Operating Income(Loss)		58,272,679,069		1,300,791,793
  Other gains		14,899,670,384		10,116,607,108
  Other margin	145,250,278
  Other earnings	12,818,511,543		6,708,384,455
  Finance gains	1,935,908,563		3,341,135,008
  Equity method income			67,087,645
  Other losses		15,667,240,972		19,047,978,003
  Other losses from the difference of quotation	167,249,440		271,739,167
  Other cost	4,012,223,858		2,995,356,772
  Finance costs	8,624,283,380		11,179,658,177
  Equity method losses	2,863,484,294		4,601,223,887
  Profit (loss) before tax		57,505,108,481		-7,630,579,102
  Income tax expense		12,897,950,911		3,874,894,143
  Profit (loss)		44,607,157,570		-11,505,473,245
  Total comprehensive income		47,214,606,706		-10,852,663,658
  Profit (loss), attributable to
  Profit (loss), attributable to owners of parent	18,772,927,328		-26,707,581,005
  Profit (loss), attributable to non-controlling interests	25,834,230,242		15,080,710,569
  Comprehensive income attributable to
  Comprehensive income, attributable to owners of parent	21,604,488,136		-25,933,374,227
  Comprehensive income, attributable to non-controlling interests	25,610,118,570		15,080,710,569
  Earnings per share
  Basic earnings (loss) per share	6,922		-9,842
  Other comprehensive income		2,607,449,136		652,809,587
  Actuarial gains and losses	2,320,269,598		1,132,561,850
  Other comprehensive income, net of tax, available-for-sale financial assets	467,301,565		-482,660,148
  changes in equity of equity method	-91,047,671		-99,497,088
  Comprehensive income	-89,074,356		102,404,973

  • Consolidated Statement of comprehensive income

    	FY 2014
    Revenue(Sales)		877,234,227,480
    Cost of sales		-766,659,497,516
    Gross profit		110,574,729,964
    Selling general administrative expenses		-52,302,050,895
    Operating Income(Loss)		58,272,679,069
    Other gains		14,899,670,384
    Other margin	145,250,278
    Other earnings	12,818,511,543
    Finance gains	1,935,908,563
    Equity method income
    Other losses		15,667,240,972
    Other losses from the difference of quotation	167,249,440
    Other cost	4,012,223,858
    Finance costs	8,624,283,380
    Equity method losses	2,863,484,294
    Profit (loss) before tax		57,505,108,481
    Income tax expense		12,897,950,911
    Profit (loss)		44,607,157,570
    Total comprehensive income		47,214,606,706
    Profit (loss), attributable to
    Profit (loss), attributable to owners of parent	18,772,927,328
    Profit (loss), attributable to non-controlling interests	25,834,230,242
    Comprehensive income attributable to
    Comprehensive income, attributable to owners of parent	21,604,488,136
    Comprehensive income, attributable to non-controlling interests	25,610,118,570
    Earnings per share
    Basic earnings (loss) per share	6,922
    Other comprehensive income		2,607,449,136
    Actuarial gains and losses	2,320,269,598
    Other comprehensive income, net of tax, available-for-sale financial assets	467,301,565
    changes in equity of equity method	-91,047,671
    Comprehensive income	-89,074,356

  • Consolidated Statement of comprehensive income

    	FY 2013
    Revenue(Sales)		667,502,467,081
    Cost of sales		619,175,421,577
    Gross profit		48,327,045,504
    Selling general administrative expenses		47,026,253,711
    Operating Income(Loss)		1,300,791,793
    Other gains		10,116,607,108
    Other margin
    Other earnings	6,708,384,455
    Finance gains	3,341,135,008
    Equity method income	67,087,645
    Other losses		19,047,978,003
    Other losses from the difference of quotation	271,739,167
    Other cost	2,995,356,772
    Finance costs	11,179,658,177
    Equity method losses	4,601,223,887
    Profit (loss) before tax		-7,630,579,102
    Income tax expense		3,874,894,143
    Profit (loss)		-11,505,473,245
    Total comprehensive income		-10,852,663,658
    Profit (loss), attributable to
    Profit (loss), attributable to owners of parent	-26,707,581,005
    Profit (loss), attributable to non-controlling interests	15,080,710,569
    Comprehensive income attributable to
    Comprehensive income, attributable to owners of parent	-25,933,374,227
    Comprehensive income, attributable to non-controlling interests	15,080,710,569
    Earnings per share
    Basic earnings (loss) per share	-9,842
    Other comprehensive income		652,809,587
    Actuarial gains and losses	1,132,561,850
    Other comprehensive income, net of tax, available-for-sale financial assets	-482,660,148
    changes in equity of equity method	-99,497,088
    Comprehensive income	102,404,973

• Financial statements

  Statement of financial position

  2014 (Unit : KRW)

  Statement of financial position(자산)

  	FY 2014		FY 2013
  Total assets		452,936,448,859		432,590,243,053
  Assets
  Current assets		250,110,180,397		232,391,323,906
  Cash and cash equivalents	27,639,502,457		26,959,049,216
  Short-term financial instrument	2,214,571,907		637,760,300
  NEWAccount for Current assets (1)
  Trade and other receivables	180,936,301,954		143,070,639,051
  Unclaimed construction	24,758,135,214		41,317,930,172
  financial assets held to maturity			775,000
  Inventories	216,358,833		278,880,270
  Other financial assets	133,765,100		179,595,221
  Other current assets	14,211,544,932		19,946,694,676
  Non-current assets		202,826,268,462		200,198,919,147
  Long-term financial Instruments	15,000,000		15,000,000
  Long-term trade and other non-current receivables, gross	718,449,865		5,268,101,545
  available-for-sale financial assets	12,845,826,000		12,250,282,310
  financial assets held to maturity	48,230,000		48,230,000
  Deferred tax assets	2,234,477,216		4,708,066,988
  investment for subsidiary company	46,322,273,587		46,041,946,487
  investment for affiliated company	14,000,000,000		12,000,000,000
  Property, plant and equipment	1,623,614,369		1,740,024,467
  Investment property	89,896,326,066		90,183,070,677
  intangible assets	2,001,479,237		2,277,009,682
  Other non-current financial assets	33,120,592,122		25,667,186,991

  Statement of financial position(부채)

  	FY 2014		FY 2013
  Total liabilities		321,320,690,450		310,427,105,363
  Liabilities
  Current liabilities		315,635,557,875		304,502,027,102
  Trade and payables	163,632,486,410		146,738,179,937
  Extracharge construction	60,778,132,078		61,965,200,927
  borrowings	87,403,000,000		87,183,500,000
  Current tax liabilities
  deferred revenue
  Other current financial liabilities			139,893,608
  other current liabilities	3,821,939,387		8,475,252,630
  Non-current liabilities		5,685,132,575		5,925,078,261
  borrowings, gross	714,083,340		714,083,340
  Post-employment benefit obligations			3,376,863,156
  Deferred tax liabilities
  Non-current provisions	3,635,214,804		363,364,379
  Other non-current financial liabilities	869,369,574		806,019,574
  other non-current liabilities	466,464,857		664,747,812

  Statement of financial position(자본)

  	FY 2014		FY 2013
  Equity
  Issued capital	14,000,000,000		14,000,000,000
  other contributed equity	9,649,708,833		9,649,708,833
  Retained earnings	104,774,007,513		95,785,910,873
  Elements of other stockholder's equity	3,192,042,063		2,727,517,984
  Total equity		131,615,758,409		122,163,137,690
  Total equity and liabilities		452,936,448,859		432,590,243,053

  

  • Statement of financial position(자산)

    	FY 2014
    Total assets		452,936,448,859
    Assets
    Current assets		250,110,180,397
    Cash and cash equivalents	27,639,502,457
    Short-term financial instrument	2,214,571,907
    NEWAccount for Current assets (1)
    Trade and other receivables	180,936,301,954
    Unclaimed construction	24,758,135,214
    financial assets held to maturity
    Inventories	216,358,833
    Other financial assets	133,765,100
    Other current assets	14,211,544,932
    Non-current assets		202,826,268,462
    Long-term financial Instruments	15,000,000
    Long-term trade and other non-current receivables, gross	718,449,865
    available-for-sale financial assets	12,845,826,000
    financial assets held to maturity	48,230,000
    Deferred tax assets	2,234,477,216
    investment for subsidiary company	46,322,273,587
    investment for affiliated company	14,000,000,000
    Property, plant and equipment	1,623,614,369
    Investment property	89,896,326,066
    intangible assets	2,001,479,237
    Other non-current financial assets	33,120,592,122

  • Statement of financial position(자산)

    	FY 2013
    Total assets		432,590,243,053
    Assets
    Current assets		232,391,323,906
    Cash and cash equivalents	26,959,049,216
    Short-term financial instrument	637,760,300
    NEWAccount for Current assets (1)
    Trade and other receivables	143,070,639,051
    Unclaimed construction	41,317,930,172
    financial assets held to maturity	775,000
    Inventories	278,880,270
    Other financial assets	179,595,221
    Other current assets	19,946,694,676
    Non-current assets		200,198,919,147
    Long-term financial Instruments	15,000,000
    Long-term trade and other non-current receivables, gross	5,268,101,545
    available-for-sale financial assets	12,250,282,310
    financial assets held to maturity	48,230,000
    Deferred tax assets	4,708,066,988
    investment for subsidiary company	46,041,946,487
    investment for affiliated company	12,000,000,000
    Property, plant and equipment	1,740,024,467
    Investment property	90,183,070,677
    intangible assets	2,277,009,682
    Other non-current financial assets	25,667,186,991

  • Statement of financial position(부채)

    	FY 2014
    Total liabilities		321,320,690,450
    Liabilities
    Current liabilities		315,635,557,875
    Trade and payables	163,632,486,410
    Extracharge construction	60,778,132,078
    borrowings	87,403,000,000
    Current tax liabilities
    deferred revenue
    Other current financial liabilities
    other current liabilities	3,821,939,387
    Non-current liabilities		5,685,132,575
    borrowings, gross	714,083,340
    Post-employment benefit obligations
    Deferred tax liabilities
    Non-current provisions	3,635,214,804
    Other non-current financial liabilities	869,369,574
    other non-current liabilities	466,464,857

  • Statement of financial position(부채)

    	FY 2013
    Total liabilities		310,427,105,363
    Liabilities
    Current liabilities		304,502,027,102
    Trade and payables	146,738,179,937
    Extracharge construction	61,965,200,927
    borrowings	87,183,500,000
    Current tax liabilities
    deferred revenue
    Other current financial liabilities	139,893,608
    other current liabilities	8,475,252,630
    Non-current liabilities		5,925,078,261
    borrowings, gross	714,083,340
    Post-employment benefit obligations	3,376,863,156
    Deferred tax liabilities
    Non-current provisions	363,364,379
    Other non-current financial liabilities	806,019,574
    other non-current liabilities	664,747,812

  • Statement of financial position(자본)

    	FY 2014
    Equity
    Issued capital	14,000,000,000
    other contributed equity	9,649,708,833
    Retained earnings	104,774,007,513
    Elements of other stockholder's equity	3,192,042,063
    Total equity		131,615,758,409
    Total equity and liabilities		452,936,448,859

  • Statement of financial position(자본)

    	FY 2013
    Equity
    Issued capital	14,000,000,000
    other contributed equity	9,649,708,833
    Retained earnings	95,785,910,873
    Elements of other stockholder's equity	2,727,517,984
    Total equity		122,163,137,690
    Total equity and liabilities		432,590,243,053

  Statement of comprehensive income

  2014 (Unit : KRW)

  Statement of comprehensive income

  	FY 2014		FY 2013
  Revenue(Sales)		677,698,633,868		504,100,742,288
  Cost of sales		629,207,700,514		489,979,002,445
  Gross profit		48,490,933,354		14,121,739,843
  Selling general administrative expenses		43,652,539,174		42,834,071,204
  Operating Income(Loss)		4,838,394,180		-28,712,331,361
  Other gains		12,674,149,837		9,049,645,107
  Other margin	1,767,000		18,417,263
  Other earnings	10,733,145,980		6,446,409,681
  Finance gains	1,939,236,857		2,584,818,163
  Other losses		9,119,931,116		11,401,882,276
  Other losses from the difference of quotation	235,172,900		109,644,927
  Other cost	4,961,894,458		7,196,072,895
  Finance costs	3,922,863,758		4,096,164,454
  Equity method losses
  Adjustments for foreign exchange losses
  Profit (loss) before tax		8,392,612,901		-31,064,568,530
  Income tax expense		1,780,965,778		7,098,973,281
  Profit (loss)		6,611,647,123		-23,965,595,249
  Other comprehensive income		2,840,973,596		965,141,845
  Other comprehensive income, net of tax, available-for-sale financial asse	464,524,079		-501,187,839
  Actuarial gains and losses	2,376,449,517		1,466,329,684
  Total comprehensive income		9,452,620,719		-23,000,453,404
  Earnings per share	2,438		2,438

  • Statement of comprehensive income

    	FY 2014
    Revenue(Sales)		677,698,633,868
    Cost of sales		629,207,700,514
    Gross profit		48,490,933,354
    Selling general administrative expenses		43,652,539,174
    Operating Income(Loss)		4,838,394,180
    Other gains		12,674,149,837
    Other margin	1,767,000
    Other earnings	10,733,145,980
    Finance gains	1,939,236,857
    Other losses		9,119,931,116
    Other losses from the difference of quotation	235,172,900
    Other cost	4,961,894,458
    Finance costs	3,922,863,758
    Equity method losses
    Adjustments for foreign exchange losses
    Profit (loss) before tax		8,392,612,901
    Income tax expense		1,780,965,778
    Profit (loss)		6,611,647,123
    Other comprehensive income		2,840,973,596
    Other comprehensive income, net of tax, available-for-sale financial asse	464,524,079
    Actuarial gains and losses	2,376,449,517
    Total comprehensive income		9,452,620,719
    Earnings per share	2,438

  • Statement of comprehensive income

    	FY 2013
    Revenue(Sales)		504,100,742,288
    Cost of sales		489,979,002,445
    Gross profit		14,121,739,843
    Selling general administrative expenses		42,834,071,204
    Operating Income(Loss)		-28,712,331,361
    Other gains		9,049,645,107
    Other margin	18,417,263
    Other earnings	6,446,409,681
    Finance gains	2,584,818,163
    Other losses		11,401,882,276
    Other losses from the difference of quotation	109,644,927
    Other cost	7,196,072,895
    Finance costs	4,096,164,454
    Equity method losses
    Adjustments for foreign exchange losses
    Profit (loss) before tax		-31,064,568,530
    Income tax expense		7,098,973,281
    Profit (loss)		-23,965,595,249
    Other comprehensive income		965,141,845
    Other comprehensive income, net of tax, available-for-sale financial asse	-501,187,839
    Actuarial gains and losses	1,466,329,684
    Total comprehensive income		-23,000,453,404
    Earnings per share	2,438