Yeong Hwa Metal Co., Ltd. (KRX: 012280)

Yeong Hwa Metal Income Statement

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

Fiscal Year	TTM	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009
Period Ending	Dec 31, 2013	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009
Operating Revenue	165,535	165,535	172,059	179,068	153,700	127,724
Other Revenue	-	-	0	0	-0	-
Revenue	165,535	165,535	172,059	179,068	153,700	127,724
Revenue Growth (YoY)	-3.79%	-3.79%	-3.91%	16.51%	20.34%	-13.61%
Cost of Revenue	148,526	148,526	152,631	161,671	139,708	119,906
Gross Profit	17,010	17,010	19,428	17,397	13,992	7,818
Selling, General & Admin	9,478	9,478	8,387	7,819	6,818	5,426
Research & Development	130.34	130.34	74.1	83.8	58.87	31.1
Other Operating Expenses	171.96	171.96	249.69	180.07	133.73	465.76
Operating Expenses	9,934	9,934	9,090	8,212	7,388	6,959
Operating Income	7,076	7,076	10,338	9,186	6,603	858.79
Interest Expense	-1,767	-1,767	-2,881	-3,647	-3,795	-3,282
Interest & Investment Income	137.48	137.48	160.62	192.11	141.37	229.33
Currency Exchange Gain (Loss)	-145.48	-145.48	-59	34.93	53.97	-7.18
Other Non Operating Income (Expenses)	1,649	1,649	454.79	1,551	601.66	-552.91
EBT Excluding Unusual Items	6,949	6,949	8,014	7,316	3,605	-2,754
Gain (Loss) on Sale of Assets	0.82	0.82	-1,235	-49.97	2.97	247.7
Asset Writedown	-54.4	-54.4	-178.33	-239.6	-54.25	-60.43
Pretax Income	6,896	6,896	6,600	7,027	3,554	-2,566
Income Tax Expense	1,819	1,819	1,305	2,435	587.22	-579.37
Earnings From Continuing Operations	5,077	5,077	5,295	4,592	2,967	-1,987
Minority Interest in Earnings	-	-	-22.83	-36.93	-16.85	20.25
Net Income	5,077	5,077	5,273	4,555	2,950	-1,967
Net Income to Common	5,077	5,077	5,273	4,555	2,950	-1,967
Net Income Growth	-3.71%	-3.71%	15.75%	54.42%	-	-
Shares Outstanding (Basic)	47	47	43	37	34	34
Shares Outstanding (Diluted)	47	47	45	39	36	34
Shares Change (YoY)	3.83%	3.83%	17.75%	8.62%	5.88%	-4.68%
EPS (Basic)	107.57	107.57	122.00	122.00	86.00	-58.59
EPS (Diluted)	107.57	107.57	116.00	118.00	83.00	-59.00
EPS Growth	-7.27%	-7.27%	-1.69%	42.17%	-	-
Free Cash Flow	11,788	11,788	9,066	3,631	7,247	-2,933
Free Cash Flow Per Share	249.77	249.77	199.46	94.05	203.92	-87.38
Dividend Per Share	20.000	20.000	-	-	-	-
Gross Margin	10.28%	10.28%	11.29%	9.72%	9.10%	6.12%
Operating Margin	4.27%	4.27%	6.01%	5.13%	4.30%	0.67%
Profit Margin	3.07%	3.07%	3.06%	2.54%	1.92%	-1.54%
Free Cash Flow Margin	7.12%	7.12%	5.27%	2.03%	4.72%	-2.30%
EBITDA	11,505	11,505	15,102	14,155	11,672	5,241
EBITDA Margin	6.95%	6.95%	8.78%	7.90%	7.59%	4.10%
D&A For EBITDA	4,429	4,429	4,764	4,969	5,068	4,382
EBIT	7,076	7,076	10,338	9,186	6,603	858.79
EBIT Margin	4.27%	4.27%	6.01%	5.13%	4.30%	0.67%
Effective Tax Rate	26.38%	26.38%	19.77%	34.65%	16.52%	-
Advertising Expenses	12.8	12.8	19.35	16.32	23.65	19.76

Source: S&P Capital IQ. Standard template. Financial Sources.