0001193125-20-054029.txt : 20200228 0001193125-20-054029.hdr.sgml : 20200228 20200228062205 ACCESSION NUMBER: 0001193125-20-054029 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200228 FILED AS OF DATE: 20200228 DATE AS OF CHANGE: 20200228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KOREA ELECTRIC POWER CORP CENTRAL INDEX KEY: 0000887225 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 133442428 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13372 FILM NUMBER: 20665550 BUSINESS ADDRESS: STREET 1: 55 JEOLLYEOK-RO CITY: NAJU-SI STATE: M5 ZIP: 58322 BUSINESS PHONE: 201 482 8182 MAIL ADDRESS: STREET 1: 400 KELBY STREET STREET 2: 7TH FLOOR CITY: FORT LEE STATE: NJ ZIP: 07024 6-K 1 d872258d6k.htm FORM 6-K Form 6-K

 

 

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 February 2020

 

 

KOREA ELECTRIC POWER CORPORATION

(Translation of registrant’s name into English)

 

 

55 Jeollyeok-ro, Naju-si, Jeollanam-do, 58322, 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  ☒            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  ☒

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

 

 

 

Korea Electric Power Corporation (“KEPCO”) hereby announces its unaudited consolidated and separate results of operation for the fourth quarter and the year ended December 31, 2019 prepared in accordance with Korean International Financial Reporting Standards (K-IFRS) as shown below.

Disclaimer:

The financial information relating to the unaudited consolidated and separate results of operations of KEPCO for the fourth quarter and the year ended December 31, 2019 as presented below (the “Information”) has been prepared by KEPCO based on preliminary estimates and in accordance with K-IFRS. The Information has been neither audited nor reviewed by KEPCO’s independent accountants, Ernst & Young Han Young, or any other independent public accountants. The Information may differ significantly from the actual results of operations of KEPCO, and accordingly should not be relied upon for investment, including but not limited to purchase of any securities, or for other purposes.

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

As of December 31, 2019 and 2018

 

(Unit : in billions of Korean Won)

    2019      2018      Change  

Total Assets

      197,705        185,249        6.7 % 

Total Liabilities

      128,779        114,156        12.8 % 

Total Equity

      68,926        71,093        -3.0 % 

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2019 and 2018

 

(Unit : in billions of Korean Won)

    2019
Oct.-Dec.		      2018
Oct.-Dec.		      Change     2019
Jan.-Dec.		      2018
Jan.-Dec.		      Change  

Operating revenues

      14,861        15,175        -2.1 %      59,093        60,628        -2.5 % 

Operating income (loss)

      -1,667        -788        -111.5 %      -1,357        -208        -555.2 % 

Income (Loss) before income tax

      -1,994        -1,147        -73.8 %      -3,233        -2,001        -61.6 % 

Net income (loss)

      -1,292        -743        -74.0 %      -2,224        -1,174        -89.4 % 

Net income (loss) attributable to owners of the company

      -1,294        -797        -62.4 %      -2,306        -1,315        -75.5 % 

CONDENSED SEPARATE STATEMENTS OF FINANCIAL POSITION

As of December 31, 2019 and 2018

 

(Unit : in billions of Korean Won)

    2019      2018      Change  

Total Assets

      109,809        107,486        2.2 % 

Total Liabilities

      58,385        53,404        9.3 % 

Total Equity

      51,424        54,082        -4.9 % 

CONDENSED SEPARATE STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2019 and 2018

 

(Unit : in billions of Korean Won)

    2019
Oct.-Dec.		      2018
Oct.-Dec.		      Change     2019
Jan.-Dec.		      2018
Jan.-Dec.		      Change  

Operating revenues

      14,681        15,132        -3.0 %      58,853        60,272        -2.4 % 

Operating income (loss)

      -1,418        -795        -78.4 %      -2,896        -2,193        -32.1 % 

Income (Loss) before income tax

      -1,627        -804        -102.4 %      -3,746        -1,835        -104.2 % 

Net income (loss)

      -1,103        -552        -99.9 %      -2,630        -1,095        -140.1 % 

 

*

The figures may not add up to the relevant total numbers due to rounding.

 

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/ Jun, Chul-Soo

Name: Jun, Chul-Soo
Title: General Manager of Finance & IR Team

Date: February 28, 2020