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 2018

 

 

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, 2017 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, 2017 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, 2017 and 2016

 

(Unit : in billions of Korean Won)		2017				2016				Change
Total Assets			181,944				177,837				2.3	%
Total Liabilities			108,866				104,786				3.9	%
Total Equity			73,078				73,051				0.0	%

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2017 and 2016

 

(Unit : in billions of Korean Won)		2017 Oct.-Dec.				2016 Oct.-Dec.				Change				2017 Jan.-Dec.				2016 Jan.-Dec.				Change
Operating revenues			15,555				15,286				1.8	%			59,815				60,190				-0.6	%
Operating income (loss)			-129				1,268				-110.2	%			4,953				12,002				-58.7	%
Income (Loss) before income tax			-461				480				-196.0	%			3,698				10,513				-64.8	%
Net income (loss)			-1,279				279				-557.5	%			1,509				7,148				-78.9	%
Net income (loss) attributable to owners of the company			-1,320				273				-583.1	%			1,367				7,049				-80.6	%

CONDENSED SEPARATE STATEMENTS OF FINANCIAL POSITION

As of December 31, 2017 and 2016

 

(Unit : in billions of Korean Won)		2017				2016				Change
Total Assets			106,548				105,321				1.2	%
Total Liabilities			50,766				49,854				1.8	%
Total Equity			55,782				55,467				0.6	%

CONDENSED SEPARATE STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2017 and 2016

 

(Unit : in billions of Korean Won)		2017 Oct.-Dec.				2016 Oct.-Dec.				Change				2017 Jan.-Dec.				2016 Jan.-Dec.				Change
Operating revenues			15,400				15,334				0.4	%			59,966				60,290				-0.5	%
Operating income (loss)			36				-61				158.9	%			1,554				4,882				-68.2	%
Income (Loss) before income tax			-100				-283				64.7	%			2,153				5,428				-60.3	%
Net income (loss)			-501				-218				-130.3	%			1,507				4,262				-64.6	%

* 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 13, 2018