SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the Month of March 2016

Commission File Number: 001-13372

KOREA ELECTRIC POWER CORPORATION

(Translation of registrant’s name into English)

55 Jeollyeok-ro, Naju-si, Jeollanam-do, 58217, Korea

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  x            Form 40-F  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨            No   x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-            .

This Report of Foreign Private Issuer on Form 6-K is deemed filed for all purposes under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended.

At the ordinary general meeting of shareholders of Korea Electric Power Corporation (“KEPCO”) held on March 22, 2016, all the agendas set forth below submitted for shareholder approval were approved by the shareholders as originally proposed:

1. Approval of financial statements for the fiscal year 2015

2. Approval of the maximum aggregate amount of remuneration for directors in 2016

Details of the agendas approved at the ordinary general meeting of shareholders are attached hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

By:	/s/ Kim, Jong-soo
Name: Kim, Jong-soo
Title: Vice President

Date: March 22, 2016

Attachment

Agenda 1. Approval of Financial Statements for the Fiscal Year 2015

KOREA ELECTRIC POWER CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

AS OF DECEMBER 31, 2015 AND DECEMBER 31, 2014

	Dec. 31, 2015		Dec. 31, 2014
	(KRW in millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents		3,783,065		1,796,300
Current financial assets, net		5,335,621		176,428
Trade and other receivables, net		7,473,548		7,697,862
Inventories, net		4,946,413		4,537,469
Income tax refund receivables		9,081		18,475
Current non-financial assets		397,950		502,511
Assets held-for-sale		79,647		2,090,810
		22,025,325		16,819,855
NON-CURRENT ASSETS:
Non-current financial assets, net		2,495,554		2,040,921
Non-current trade and other receivables, net		1,798,419		1,724,357
Property, plant and equipment, net		141,361,351		135,812,499
Investment properties, net		269,910		317,264
Goodwill		2,582		2,582
Intangible assets other than goodwill, net		855,832		821,060
Investments in associates		4,405,668		4,341,830
Investments in joint ventures		1,287,862		1,166,894
Deferred tax assets		623,623		526,934
Non-current non-financial assets		131,233		134,093
		153,232,034		146,888,434
Total Assets		175,257,359		163,708,289
LIABILITIES
CURRENT LIABILITIES:
Trade and other payables, net		4,735,697		6,128,604
Current financial liabilities, net		7,857,198		7,162,372
Income tax payables		2,218,060		570,550
Current non-financial liabilities		6,320,711		6,464,356
Current provisions		1,579,176		1,274,186
		22,710,842		21,600,068
NON-CURRENT LIABILITIES:
Non-current trade and other payables, net		3,718,435		3,806,735
Non-current financial liabilities, net		51,062,811		55,999,761
Non-current non-financial liabilities		7,092,252		6,946,410
Employee benefits obligations, net		1,503,107		1,277,415
Deferred tax liabilities, net		8,362,683		5,723,880
Non-current provisions		12,864,754		13,529,010
		84,604,042		87,283,211
Total Liabilities		107,314,884		108,883,279

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (CONTINUED)

AS OF DECEMBER 31, 2015 AND DECEMBER 31, 2014

	Dec. 31, 2015			Dec. 31, 2014
	(KRW in millions)
EQUITY
CONTRIBUTED CAPITAL:
Share capital		3,209,820			3,209,820
Share premium		843,758			843,758
		4,053,578			4,053,578
RETAINED EARNINGS:
Legal reserves		1,604,910			1,604,910
Voluntary reserves		23,720,167			22,999,359
Unappropriated retained earnings		22,862,164			10,699,378
		48,187,241			35,303,647
OTHER COMPONENTS OF EQUITY:
Other capital surpluses		1,197,388			1,151,402
Accumulated other comprehensive loss		(98,713	)		(202,269	)
Other equity		13,294,973			13,294,973
		14,393,648			14,244,106
EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY		66,634,467			53,601,331
NON-CONTROLLING INTERESTS		1,308,008			1,223,679
Total Equity		67,942,475			54,825,010
Total Liabilities and Equity		175,257,359			163,708,289

KOREA ELECTRIC POWER CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2015 AND DECEMBER 31, 2014

	2015			2014
	(KRW in millions except per share amounts)
SALES
Sales of goods		54,367,036			53,706,828
Sales of service		453,487			451,013
Sales of construction contracts		3,761,204			2,965,185
Revenue related to transfer of assets from customers		375,995			351,857
		58,957,722			57,474,883
COST OF SALES
Cost of sales of goods		(41,348,917	)		(46,509,555	)
Cost of sales of service		(545,692	)		(500,787	)
Cost of sales of construction contracts		(3,563,120	)		(2,752,610	)
		(45,457,729	)		(49,762,952	)
GROSS PROFIT		13,499,993			7,711,931
SELLING AND ADMINISTRATIVE EXPENSES		(2,153,261	)		(1,924,366	)
OPERATING PROFIT		11,346,732			5,787,565
OTHER NON-OPERATING INCOME		432,219			402,329
OTHER NON-OPERATING EXPENSES		(108,848	)		(88,220	)
OTHER GAINS, NET		8,610,773			107,396
FINANCE INCOME		1,182,988			885,290
FINANCE EXPENSES		(3,015,457	)		(3,140,038	)
Profit related associates, joint ventures and subsidiaries
Share in income of associates and joint ventures		280,794			319,506
Gain on disposal of investments in associates and joint Ventures		4,731			47,071
Gain on disposal of subsidiaries		8,376			40,449
Share in loss of associates and joint ventures		(86,522	)		(78,493	)
Loss on disposal of investments in associates and joint ventures		—			(1,253	)
Impairment loss on investments in associates and joint ventures		—			(52,279	)
Loss on disposal of subsidiaries		—			(17	)
		207,379			274,984
PROFITS BEFORE INCOME TAX		18,655,786			4,229,306
INCOME TAX EXPENSE		(5,239,413	)		(1,430,339	)
PROFIT FOR THE PERIOD		13,416,373			2,798,967

(Continued)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (CONTINUED)

FOR THE YEARS ENDED DECEMBER 31, 2015 AND DECEMBER 31, 2014

	2015			2014
	(KRW in millions except per share amounts)
OTHER COMPREHENSIVE INCOME (LOSS)
Items that will not be reclassified subsequently to profit or loss
Remeasurements of defined benefit liability, net of tax		(87,861	)		(108,430	)
Share in other comprehensive loss of associates and joint ventures, net of tax		(283	)		(1,899	)
Items that are or may be reclassified subsequently to profit or loss:
Net change in the unrealized fair value of available-for-sale financial assets, net of tax		9,648			(97,251	)
Net change in the unrealized fair derivatives using cash flow hedge accounting, net of tax		4,409			(84,793	)
Foreign currency translation of foreign operations, net of tax		18,535			(70,576	)
Share in other comprehensive income of associates and joint ventures, net of tax		89,558			5,228
		34,006			(357,721	)
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD		13,450,379			2,441,246
PROFIT OR LOSS ATTRIBUTABLE TO;
Owners of the Company		13,289,127			2,686,873
Non-controlling interests		127,246			112,094
		13,416,373			2,798,967
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO;
Owners of the Company		13,308,132			2,335,827
Non-controlling interests		142,247			105,419
		13,450,379			2,441,246
EARNINGS PER SHARE;
Basic and diluted earnings per share		20,701			4,290

(Continued)

KOREA ELECTRIC POWER CORPORATION

SEPARATE (NON-CONSOLIDATED) STATEMENTS OF FINANCIAL POSITION

AS OF DECEMBER 31, 2015 AND DECEMBER 31, 2014

	Dec. 31, 2015		Dec. 31, 2014
	(KRW in millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents		2,013,223		614,514
Current financial assets, net		4,889,623		20,875
Trade and other receivables, net		6,802,450		6,995,697
Inventories, net		175,354		126,326
Income tax refund receivables		—		12,493
Current non-financial assets		68,135		72,425
Assets held-for-sale		—		2,056,207
		13,948,785		9,898,537
NON-CURRENT ASSETS:
Non-current financial assets, net		577,834		461,706
Non-current trade and other receivables, net		432,871		411,582
Property, plant and equipment, net		60,053,716		57,653,543
Investment properties, net		395,263		357,297
Intangible assets, net		64,675		56,277
Investments in subsidiaries		28,821,400		28,864,233
Investments in associates		1,966,164		1,956,568
Investments in joint ventures		13,371		20,642
Non-current non-financial assets		32,171		38,721
		92,357,465		89,820,569
Total Assets		106,306,250		99,719,106
LIABILITIES
CURRENT LIABILITIES:
Trade and other payables, net		5,597,518		5,614,840
Current financial liabilities, net		4,399,119		5,149,545
Income tax payables		1,212,093		—
Current non-financial liabilities		7,106,571		7,446,189
Current provisions		656,372		298,160
		18,971,673		18,508,734
NON-CURRENT LIABILITIES:
Non-current trade and other payables, net		698,088		816,300
Non-current financial liabilities, net		22,190,714		27,807,868
Non-current non-financial liabilities		7,066,972		6,876,469
Employee benefits liabilities, net		642,043		558,295
Deferred tax liabilities		3,301,227		1,542,445
Non-current provisions		254,165		227,927
		34,153,209		37,829,304
Total Liabilities		53,124,882		56,338,038

(Continued)

SEPARATE STATEMENTS OF FINANCIAL POSITION (CONTINUED)

AS OF DECEMBER 31, 2015 AND DECEMBER 31, 2014

	Dec. 31, 2015		Dec. 31, 2014
	(KRW in millions)
EQUITY
CONTRIBUTED CAPITAL:
Share capital		3,209,820		3,209,820
Share premium		843,758		843,758
		4,053,578		4,053,578
RETAINED EARNINGS:
Legal reserves		1,604,910		1,604,910
Voluntary reserves		23,720,168		22,999,360
Unappropriated retained earnings		10,117,196		1,041,789
		35,442,274		25,646,059
OTHER COMPONENTS OF EQUITY:
Other capital surpluses		387,524		387,524
Accumulated other comprehensive income (loss)		2,894		(1,191	)
Other equity		13,295,098		13,295,098
		13,685,516		13,681,431
Total Equity		53,181,368		43,381,068
Total Liabilities and Equity		106,306,250		99,719,106

(Continued)

KOREA ELECTRIC POWER CORPORATION

SEPARATE(NON-CONSOLIDATED) STATEMENTS OF COMPREHENSIVE INCOME

FOR YEARS ENDED DECEMBER 31, 2015 AND 2014

	2015			2014
	(KRW in millions, except per share amounts)
SALES
Sales of goods		54,534,864			54,386,536
Sales of services		176,547			146,113
Sales of construction services		3,452,983			2,449,934
Revenue related to transfer of assets from customers		375,995			351,857
		58,540,389			57,334,440
COST OF SALES
Costs of sales of goods		(49,128,398	)		(51,871,640	)
Costs of sales of services		(353,438	)		(290,426	)
Costs of sales of construction contracts		(3,281,529	)		(2,276,213	)
		(52,763,365	)		(54,438,279	)
GROSS PROFIT		5,777,024			2,896,161
SELLING AND ADMINISTRATIVE EXPENSES		(1,351,663	)		(1,222,453	)
OPERATING PROFIT		4,425,361			1,673,708
OTHER NON-OPERATING INCOME		296,623			285,784
OTHER NON-OPERATING EXPENSES		(48,975	)		(47,861	)
OTHER GAINS, NET		8,646,301			139,095
FINANCE INCOME		1,210,669			698,485
FINANCE EXPENSES		(1,397,979	)		(1,695,640	)
GAIN ON DISPOSAL OF SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES		44,969			208,192
PROFIT BEFORE INCOME TAX		13,176,969			1,261,763
INCOME TAX EXPENSE		(3,011,316	)		(221,876	)
PROFIT FOR THE PERIOD		10,165,653			1,039,887
OTHER COMPREHENSIVE INCOME (LOSS)
Items that will not be reclassified subsequently to profit or loss:
Remeasurements of defined benefit liability, net of tax Items that are or may be reclassified subsequently to profit or loss:		(48,457	)		1,902
Net change in the unrealized fair value of available-for-sale financial assets, net of tax		4,085			(90,179	)
		(44,372	)		(88,277	)
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD		10,121,281			951,610
EARNINGS PER SHARE
Basic and diluted earnings per share		15,835			1,660

(Continued)

STATEMENT OF APPROPRIATION OF RETAINED EARNINGS

FOR YEARS ENDED DECEMBER 31, 2015 AND DECEMBER 31, 2014

	For years ended,
	2015			2014
	( KRW in millions)
I. RETAINED EARNINGS BEFORE APPROPRIATIONS:
Unappropriated retained earnings carried over from prior years		—			—
Effect of transition to K-IFRS		—			—
Net income		10,165,653			1,039,887
Remeasurements of the defined benefit plan		(48,457	)		1,902
		10,117,196			1,041,789
II. TRANSFER FROM VOLUNTARY RESERVES:
Reserve for business expansion		—			—
		—			—
III. I + II		10,117,196			1,041,789
IV. APPROPRIATIONS OF RETAINED EARNINGS:		(10,117,196	)		(1,041,789	)
Legal reserve		—			—
Dividends (government, individual)		(1,990,089	)		(320,982	)
Reserve for business expansion		(8,127,107	)		(720,807	)
V. UNAPPROPRIATED RETAINED EARNINGS TO BE CARRIED FORWARD TO SUBSEQUENT YEAR		—			—

(Continued)

DIVIDEND PAYMENT

FOR THE FISCAL YEARS 2015 AND 2014

Fiscal year	2015	2014
Dividend per share	KRW 3,100	KRW 500
Aggregate dividend amount	KRW 1,990,088,638,700	KRW 320,982,038,500
Market value dividend ratio	6.2%	1.1%

Agenda 2. Approval of the ceiling amount of remuneration for directors

• Proposed aggregate ceiling on remuneration for directors:

ü 2,020,992 thousand won in fiscal year 2016 (total number of directors: 15; number of non-standing directors: 8)

ü 2,012,072 thousand won in fiscal year 2015 (total number of directors: 15; number of non-standing directors: 8)

• Proposed aggregate ceiling on remuneration in fiscal year 2016 is increased by 0.4% compared to fiscal year 2015 in accordance with the Korean government’s 2016 guidelines on remuneration of directors of public enterprises.