LEENO Industrial Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2012	FY 2011	FY 2010	FY 2009	FY 2008
Period Ending	Sep '13 Sep 30, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008
Revenue	80,720	75,222	66,050	135,074	104,384	122,043
Revenue Growth (YoY)	13.50%	13.89%	-51.10%	29.40%	-14.47%	203.67%
Cost of Revenue	43,263	40,811	36,704	100,700	83,913	95,146
Gross Profit	37,457	34,411	29,345	34,374	20,471	26,897
Selling, General & Admin	7,543	6,672	5,913	8,106	6,094	8,363
Amortization of Goodwill & Intangibles	-	-	-	1,718	1,704	1,731
Other Operating Expenses	-	-	-	272.23	269.12	241.71
Operating Expenses	7,543	6,672	5,913	10,324	8,305	10,570
Operating Income	29,914	27,739	23,433	24,050	12,166	16,327
Interest Expense	-251.13	-116.43	-135.62	-468.62	-401.66	-536.79
Interest & Investment Income	1,966	2,135	1,694	1,649	1,137	1,450
Earnings From Equity Investments	-	-	-2,211	-	-	-
Currency Exchange Gain (Loss)	-	-	-	180.18	-327.75	1,134
Other Non Operating Income (Expenses)	1,129	1,007	1,302	114.41	-215.5	-9.06
EBT Excluding Unusual Items	32,757	30,765	24,082	25,525	12,357	18,365
Gain (Loss) on Sale of Investments	-	-	-	-2,647	-150.28	32.18
Gain (Loss) on Sale of Assets	-	-	-	1,716	-6	-5.06
Pretax Income	32,757	30,765	24,082	24,594	12,201	18,393
Income Tax Expense	6,145	5,903	4,817	7,285	2,991	5,558
Earnings From Continuing Operations	26,612	24,862	19,265	17,309	9,210	12,835
Minority Interest in Earnings	-	-	-	-1,071	-1,088	-1,547
Net Income	26,612	24,862	19,265	16,238	8,122	11,288
Net Income to Common	26,612	24,862	19,265	16,238	8,122	11,288
Net Income Growth	32.13%	29.05%	18.64%	99.92%	-28.05%	-12.01%
Shares Outstanding (Basic)	76	76	76	73	73	73
Shares Outstanding (Diluted)	76	76	76	73	73	73
Shares Change (YoY)	-0.03%	-0.01%	4.24%	0.51%	-0.40%	-2.95%
EPS (Basic)	349.22	326.21	252.74	222.06	111.64	154.53
EPS (Diluted)	349.22	326.21	252.74	222.06	111.64	154.53
EPS Growth	32.17%	29.07%	13.81%	98.91%	-27.75%	-9.34%
Free Cash Flow	10,329	13,649	9,745	9,996	14,704	6,453
Free Cash Flow Per Share	135.54	179.09	127.84	136.70	202.10	88.33
Dividend Per Share	-	-	-	-	52.632	63.158
Dividend Growth	-	-	-	-	-16.67%	-
Gross Margin	46.40%	45.75%	44.43%	25.45%	19.61%	22.04%
Operating Margin	37.06%	36.88%	35.48%	17.80%	11.65%	13.38%
Profit Margin	32.97%	33.05%	29.17%	12.02%	7.78%	9.25%
Free Cash Flow Margin	12.80%	18.14%	14.75%	7.40%	14.09%	5.29%
EBITDA	33,633	31,383	26,976	28,527	16,489	21,182
EBITDA Margin	41.67%	41.72%	40.84%	21.12%	15.80%	17.36%
D&A For EBITDA	3,719	3,644	3,543	4,477	4,323	4,855
EBIT	29,914	27,739	23,433	24,050	12,166	16,327
EBIT Margin	37.06%	36.88%	35.48%	17.80%	11.65%	13.38%
Effective Tax Rate	18.76%	19.19%	20.00%	29.62%	24.51%	30.22%
Revenue as Reported	-	-	-	-	104,384	122,043
Advertising Expenses	-	-	-	208.65	218.2	254.63

Source: S&P Global Market Intelligence. Standard template. Financial Sources.