Ssial Food Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2016	FY 2015	FY 2014
Period Ending	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014
Operating Revenue	10,672	10,076	8,497
Other Revenue	-	-	-0
Revenue	10,672	10,076	8,497
Revenue Growth (YoY)	5.92%	18.58%	-
Cost of Revenue	7,612	8,756	5,620
Gross Profit	3,061	1,320	2,876
Selling, General & Admin	2,368	2,752	2,151
Research & Development	74.87	31.21	160.93
Other Operating Expenses	36.62	11.53	8.25
Operating Expenses	2,511	2,865	2,363
Operating Income	549.6	-1,545	513.19
Interest Expense	-255	-242.12	-323.61
Interest & Investment Income	0.82	15.72	92.93
Currency Exchange Gain (Loss)	0.51	2.75	0.8
Other Non Operating Income (Expenses)	-93.71	-35.68	-22.54
EBT Excluding Unusual Items	202.22	-1,804	260.76
Gain (Loss) on Sale of Assets	-	-	-21.2
Asset Writedown	-	-30	-
Other Unusual Items	-	-	-9.51
Pretax Income	202.22	-1,834	230.06
Income Tax Expense	-	-	5.99
Net Income	202.22	-1,834	224.08
Net Income to Common	202.22	-1,834	224.08
Shares Outstanding (Basic)	2	2	2
Shares Outstanding (Diluted)	2	2	2
Shares Change (YoY)	0.55%	-0.19%	-
EPS (Basic)	107.00	-976.00	119.00
EPS (Diluted)	107.00	-976.00	119.00
Free Cash Flow	-8.24	-2,793	-667.4
Free Cash Flow Per Share	-4.36	-1485.78	-354.44
Gross Margin	28.68%	13.10%	33.85%
Operating Margin	5.15%	-15.33%	6.04%
Profit Margin	1.90%	-18.21%	2.64%
Free Cash Flow Margin	-0.08%	-27.71%	-7.85%
EBITDA	1,096	-1,045	960.63
EBITDA Margin	10.27%	-10.37%	11.31%
D&A For EBITDA	545.99	500.23	447.44
EBIT	549.6	-1,545	513.19
EBIT Margin	5.15%	-15.33%	6.04%
Effective Tax Rate	-	-	2.60%
Advertising Expenses	85.46	292.94	158.7

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