EX-99.1 2 exhibit1.htm EX-99.1

Exhibit  EX-99.1

Korea Electric Power Corporation (“KEPCO”) announced its preliminary non-consolidated financial summary for the fiscal year ending December 31, 2005 as follows. KEPCO plans to release further information on or about February 14, 2006. (Seoul Time).

The information below represents preliminary, non-consolidated summary financial conditions and results of operations of KEPCO for the fiscal year ending December 31, 2005 and are un-audited. The information below is subject to change pending the audit.

		January 1, 2005 ~				January 1, 2004 ~
(in millions of Korean Won)		December 31, 2005				December 31, 2004
Current Asset			2,925,671				2,651,579
Cash & others			2,832,930				2,581,095
Inventories			92,741				70,484
Fixed Asset			58,701,170				56,265,745
Investment & others			27,679,091				26,087,181
Property, Plant, Equipment & Construction in Progress			30,787,039				29,945,548
Intangible assets			235,040				233,016
TOTAL ASSETS			61,626,841				58,917,324
Current liabilities			5,683,189				5,626,638
Long-term liabilities			13,737,990				13,013,752
TOTAL LIABILITIES			19,421,179				18,640,390
Stockholder’s equity			3,207,839				3,203,743
Capital surplus			14,422,727				14,372,895
Retained earnings			24,653,742				22,933,447
Capital adjustments			(78,646	)			(233,151	)
TOTAL SHAREHOLDERS’ EQUITY			42,205,662				40,276,934
Revenues			25,112,331				23,599,913
Operating Profit			1,325,917				1,973,159
Recurring Profit			3,181,041				3,988,763
NET PROFIT			2,448,611				2,880,770