Accolade Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2014	FY 2013	FY 2012	FY 2011
Period Ending	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011
Operating Revenue	-	-	202.73	7.48
Other Revenue	-	-0	0	-
Revenue	-	-0	202.73	7.48
Revenue Growth (YoY)	-	-	2609.21%	-
Cost of Revenue	273.05	932.44	1,300	27.22
Gross Profit	-273.05	-932.44	-1,098	-19.74
Selling, General & Admin	329.7	827.66	1,051	1,121
Other Operating Expenses	5.21	3.41	34.01	23.89
Operating Expenses	385.37	880.09	1,129	1,150
Operating Income	-658.42	-1,813	-2,227	-1,170
Interest Expense	-846.48	-572.98	-346.94	-1.13
Interest & Investment Income	0.12	1.12	1.66	3.03
Currency Exchange Gain (Loss)	-	-0.44	0.29	-10.77
Other Non Operating Income (Expenses)	-1,827	-1.32	-2.02	-0.35
EBT Excluding Unusual Items	-3,332	-2,386	-2,574	-1,179
Gain (Loss) on Sale of Assets	0.08	-	-	-
Asset Writedown	-4,464	-	-	-
Pretax Income	-7,796	-2,386	-2,574	-1,179
Income Tax Expense	-202	-139.28	-	-
Net Income	-7,594	-2,247	-2,574	-1,179
Net Income to Common	-7,594	-2,247	-2,574	-1,179
Free Cash Flow	-339.13	-1,685	-6,240	-9,412
Gross Margin	-	-	-	-263.77%
Operating Margin	-	-	-1098.49%	-15632.44%
Profit Margin	-	-	-1269.66%	-15755.53%
Free Cash Flow Margin	-	-	-3077.88%	-125781.04%
EBITDA	19.64	-1,140	-1,608	-1,075
D&A For EBITDA	678.07	672.92	618.99	94.63
EBIT	-658.42	-1,813	-2,227	-1,170

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