Financial Statements

Annual
GO

(K-IFRS, Unit : KRW 100 million)

한진칼 요약재무현황
Classification 2016 2017 2018 2019 2020
Current assets 3,785 7,256 8,543 6,667 11,984
(Cash and cash equivalents) 832 2,463 972 1,412 1,248
(Short-term financial instruments) 2,020 3,717 4,863 4,145 1,367
Non-current assets 16,835 21,184 19,958 20,270 22,902
(Investments in associates) 6,696 11,275 9,304 6,932 10,056
(Property and equipment) 5,970 5,925 6,405 5,945 5,442
(Right-of-use assets) - - - 3,084 3,702
(Investment properties) 3,161 3,130 3,304 3,295 2,942
Total Assets 20,620 28,440 28,501 26,937 34,886
Current liabilities 7,602 7,363 6,521 5,995 8,886
Non-current liabilities 1,953 3,260 4,741 6,735 9,357
(Total borrowings and debentures) 6,172 6,347 7,314 8,892 14,481
Total Liabilities 9,555 10,623 11,262 12,730 18,243
Total Shareholders’ Equity 11,065 17,817 17,239 14,207 16,643
Current ratio (%) 49.8% 98.5% 131.0% 111.2% 134.9%
Debt to equity ratio (%) 87.0% 62.4% 65.3% 89.6% 109.6%
Net borrowings to equity ratio (%) 30.1% 1.0% 8.6% 23.5% 71.3%
PBR (Times) 0.8 0.6 1.0 1.7 2.5

※ PBR : Calculated based on year-end closing price

(K-IFRS, Unit : KRW 100 million)

한진칼 손익계산서
Classification 2016 2017 2018 2019 2020
Sales 9,910 11,497 13,049 12,035 4,088
Cost of sales 7,980 9,324 10,463 10,689 5,389
Gross profit 1,930 2,173 2,586 1,346 -1,301
Selling and administrative expenses 941 1,019 1,498 1,385 910
Operating income 989 1,154 1,088 -39 -2,211
(EBITDA) 1,015 1,178 1,122 33 -2,149
Non-operating income and expenses -5,509 1,579 -1,007 -2,596 -1,129
Income before -4,520 2,733 81 -2,635 -3,340
Net income -4,229 2,350 -128 -2,606 -3,415
Operating margin (%) 10.0% 10.0% 8.3% -0.3% -54.1%
ROE (%) (적자) 13.19% (적자) (적자) (적자)
PER (Times) (적자) 4.7 (적자) (적자) (적자)
EV/EBITDA (Times) 12.2 9.3 170.0 818.3 (적자)

※ PER, EV/EBITDA : Calculated based on year-end closing price

(K-IFRS, Unit : KRW 100 million)

한진칼 요약재무현황
Classification 2016 2017 2018 2019 2020
Cash and cash equivalents at beginning of year 1,211 832 2,463 972 1,412
Cash flows from operating activities 1,388 1,644 782 1,306 -1,846
Cash flows from investing activities -2,570 -3,130 -2,824 2,138 -8,805
Cash flows from financing activities 807 3,140 543 -3,007 10,489
Net increase (decrease) in cash and cash equivalents -375 1,654 -1,499 437 -161
Effect of exchange rate changes on cash and cash equivalents -4 -23 8 3 -3
Cash and cash equivalents at end of year 832 2,463 972 1,412 1,248

(K-IFRS, Unit : KRW 100 million)

한진칼 요약재무현황
Classification '20.2Q '20.3Q '20.4Q '21.1Q ‘21.2Q
Current assets 4,226 4,304 11,984 3,919 3,329
(Cash and cash equivalents) 1,267 1,092 1,248 1,081 1,063
(Short-term financial instruments) 1,554 1,843 1,367 1,767 1,163
Non-current assets 17,926 21,017 22,902 31,723 31.781
(Investments in associates) 4,883 7,845 10,056 18,983 19,242
(Property and equipment) 5,229 5,197 5,442 5,410 5,249
(Right-of-use assets) 3,742 3,947 3,702 3,481 3,249
(Investment properties) 3,029 3,014 2,942 2,935 3,061
Total Assets 22,152 25,321 34,886 35,642 35,110
Current liabilities 5,669 6,665 8,886 9,233 10,742
Non-current liabilities 5,835 8,859 9,357 10,741 9,035
(Total borrowings and debentures) 9,362 13,283 14,481 15,574 14,791
Total Liabilities 11,504 15,524 18,243 19,974 19,777
Total Shareholders’ Equity 10,648 9,797 16,643 15,668 15,333
Debt to equity ratio (%) 108.0% 158.5% 109.6% 127.5% 129.0%
Net borrowings to equity ratio (%) 61.4% 105.6% 71.3% 81.2% 81.9%

(K-IFRS, Unit : KRW 100 million)

한진칼 손익계산서
Classification '20.2Q '20.3Q '20.4Q '21.1Q '21.2Q
Sales 482 838 830 746 1,011
Cost of sales 988 1,220 1,141 1,192 1,291
Gross profit -506 -382 -311 -446 -280
Selling and administrative expenses 218 211 243 209 217
Operating income -724 -593 -554 -655 -497
Non-operating income and expenses 211 -234 -1,380 -519 -335
Income (Loss) before income tax expenses (benefit) -513 -827 826 -1,174 -832
Net income (loss) -526 -809 727 -998 -681
Operating margin (%) -150.2% -70.8% -66.7% -87.8% -49.2%

(K-IFRS, Unit : KRW 100 million)

한진칼 현금흐름표
Classification '20.1Q '20.2Q '20.3Q '20.4Q '21.1Q '21.2Q
Cash and cash equivalents at beginning of year 1,412 1,240 1,267 1,092 1,248 1,081
Cash flows from operating activities -1,070 -376 -126 -274 -108 131
Cash flows from investing activities 1,742 802 -3,504 -7,845 -811 609
Cash flows from financing activities -855 -398 3,458 8,284 748 -758
Net increase (decrease) in cash and cash equivalents -183 28 -174 165 -171 -18
Effect of exchange rate changes on cash and cash equivalents 12 -2 -2 -9 4 -
Cash and cash equivalents at end of year 1,240 1,267 1,092 1,248 1,081 1,063