SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the Month of February 2016

 

 

KOREA ELECTRIC POWER CORPORATION

(Translation of registrant’s name into English)

 

 

55 Jeollyeok-ro, Naju-si, Jeollanam-do, 58217, Korea

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  x            Form 40-F  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨             No  x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-        .

 

 

 

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This Report of Foreign Private Issuer on Form 6-K is deemed filed for all purposes under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended.

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Korea Electric Power Corporation (“KEPCO”) hereby announces its unaudited consolidated and separate results of operation for the fourth quarter and the year ended December 31, 2015 prepared in accordance with Korean International Financial Reporting Standards (K-IFRS) as shown below.

Disclaimer:

The financial information relating to the unaudited consolidated and separate results of operations of KEPCO for the fourth quarter and the year ended December 31, 2015 as presented below (the “Information”) has been prepared by KEPCO based on preliminary estimates and in accordance with K-IFRS. The Information has been neither audited nor reviewed by KEPCO’s independent accountants, KPMG Samjong Accounting Corp., or any other independent public accountants. The Information may differ significantly from the actual results of operations of KEPCO, and accordingly should not be relied upon for investment, including but not limited to purchase of any securities, or for other purposes.

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

As of December 31, 2015 and 2014

 

(Unit : in billions of Korean Won)		2015				2014				Change
Total Assets			175,265				163,708				7.1	%
Total Liabilities			107,317				108,883				-1.4	%
Total Equity			67,940				54,825				23.9	%

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2015 and 2014

 

(Unit : in billions of Korean Won)		2015 Oct.-Dec.				2014 Oct.-Dec.				Change				2015 Jan.-Dec.				2014 Jan.-Dec.				Change
Operating revenues			14,692				14,906				-1.4	%			58,958				57,475				2.6	%
Operating income (loss)			2,679				870				208.0	%			11,347				5,788				96.1	%
Income (Loss) before income tax			2,387				513				365.7	%			18,653				4,229				341.0	%
Net income (loss)			1,573				477				229.5	%			13,414				2,799				379.2	%
Net income (loss) attributable to owners of the company			1,552				452				242.9	%			13,287				2,687				394.5	%

CONDENSED SEPARATE STATEMENTS OF FINANCIAL POSITION

As of December 31, 2015 and 2014

 

(Unit : in billions of Korean Won)		2015				2014				Change
Total Assets			106,306				99,719				6.6	%
Total Liabilities			53,215				56,338				-5.7	%
Total Equity			53,181				43,381				22.6	%

CONDENSED SEPARATE STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2015 and 2014

 

(Unit : in billions of Korean Won)		2015 Oct.-Dec.				2014 Oct.-Dec.				Change				2015 Jan.-Dec.				2014 Jan.-Dec.				Change
Operating revenues			14,626				14,664				-0.3	%			58,540				57,334				2.1	%
Operating income (loss)			198				515				-61.7	%			4,425				1,674				164.4	%
Income (Loss) before income tax			149				464				-67.9	%			13,177				1,262				944.3	%
Net income (loss)			174				393				-55.7	%			10,166				1,040				877.5	%

 

*	The figures may not add up to the relevant total numbers due to rounding.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: February 4, 2016