035250.KS - Kangwon Land, Inc.

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Income statement

Annual

All numbers in thousands

Revenue	31/12/2017	31/12/2016	31/12/2015	31/12/2014
Total revenue	1,604,470,054.66	1,696,532,510.86	1,633,716,838.65	1,496,541,441.33
Cost of revenue	789,064,959.26	786,139,557.14	761,057,253.83	723,258,689.86
Gross profit	815,405,095.4	910,392,953.72	872,659,584.82	773,282,751.47
Operating expenses
Research development	64,234	114,514	108,201	48,445
Selling general and administrative	268,878,186	276,553,023	263,302,262	246,634,775
Non-recurring	-	-	-	-
Others	2,081,589	2,000,548	2,257,347	2,115,964
Total operating expenses	1,073,576,851.26	1,081,263,109.14	1,048,314,435.83	998,823,879.86
Operating income or loss	530,893,203.4	615,269,401.72	585,402,402.82	497,717,561.47
Income from continuing operations
Total other income/expenses net	35,301,021.32	-18,408,862	8,480,978.06	-1,782,602.1
Earnings before interest and taxes	530,893,203.4	615,269,401.72	585,402,402.82	497,717,561.47
Interest expense	-236,815	-237,164	-226,922	-247,465
Income before tax	566,194,224.72	596,860,539.72	593,883,380.88	495,934,959.37
Income tax expense	128,653,717.89	142,326,882.45	152,254,279.46	136,586,390.11
Minority interest	131,255.97	205,257.89	260,721.42	276,851.18
Net income from continuing ops	437,540,506.83	454,533,657.27	441,629,101.42	359,348,569.26
Non-recurring events
Discontinued operations	-	-	-	-
Extraordinary items	-	-	-	-
Effect of accounting changes	-	-	-	-
Other items	-	-	-	-
Net income
Net income	437,614,528.67	454,589,520.64	441,645,201.92	359,363,729.59
Preferred stock and other adjustments	-	-	-	-
Net income applicable to common shares	437,614,528.67	454,589,520.64	441,645,201.92	359,363,729.59