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 2017

 

 

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  ☒            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-            .

 

 

 

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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, 2016 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, 2016 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, KPMG Samjong Accounting Corp., 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, 2016 and 2015

 

(Unit : in billions of Korean Won)		2016				2015				Change
Total Assets			178,012				175,257				1.6	%
Total Liabilities			104,816				107,315				-2.3	%
Total Equity			73,196				67,942				7.7	%

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2016 and 2015

 

(Unit : in billions of Korean Won)		2016 Oct.-Dec.				2015 Oct.-Dec.				Change				2016 Jan.-Dec.				2015 Jan.-Dec.				Change
Operating revenues			15,286				14,692				4.0	%			60,190				58,958				2.1	%
Operating income (loss)			1,268				2,679				-52.7	%			12,002				11,347				5.8	%
Income (Loss) before income tax			673				2,390				-71.9	%			10,706				18,656				-42.6	%
Net income (loss)			439				1,575				-72.1	%			7,308				13,416				-45.5	%
Net income (loss) attributable to owners of the company			466				1,554				-70.0	%			7,241				13,289				-45.5	%

CONDENSED SEPARATE STATEMENTS OF FINANCIAL POSITION

As of December 31, 2016 and 2015

 

(Unit : in billions of Korean Won)		2016				2015				Change
Total Assets			105,321				106,306				-0.9	%
Total Liabilities			49,854				53,125				-6.3	%
Total Equity			55,467				53,181				4.3	%

CONDENSED SEPARATE STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2016 and 2015

 

(Unit : in billions of Korean Won)		2016 Oct.-Dec.				2015 Oct.-Dec.				Change				2016 Jan.-Dec.				2015 Jan.-Dec.				Change
Operating revenues			15,334				14,626				4.8	%			60,290				58,540				3.0	%
Operating income (loss)			-61				198				-131.0	%			4,882				4,425				10.3	%
Income (Loss) before income tax			-283				149				-289.6	%			5,428				13,177				-58.8	%
Net income (loss)			-218				174				-225.2	%			4,262				10,166				-58.1	%

 

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

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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.

 

Date: February 6, 2017