6-K 1 d37949d6k.htm FORM 6-K Form 6-K

 

 

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 2022

 

 

KOREA ELECTRIC POWER CORPORATION

(Translation of registrant’s name into English)

 

 

55 Jeollyeok-ro, Naju-si, Jeollanam-do, 58322, 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  ☒             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  ☒

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

 

 

 


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, 2021 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, 2021 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, Ernst & Young Han Young, 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, 2021 and 2020

 

(Unit : in billions of Korean Won)

   2021      2020      Change  

Total Assets

     211,074        203,142        3.9

Total Liabilities

     145,790        132,475        10.1

Total Equity

     65,284        70,667        -7.6

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2021 and 2020

 

(Unit : in billions of Korean Won)

   2021
Oct.-Dec.
     2020
Oct.-Dec.
     Change     2021
Jan.-Dec.
     2020
Jan.-Dec.
     Change  

Operating revenues

     15,518        14,692        5.6     60,575        58,569        3.4

Operating income (loss)

     -4,730        934        n/m       -5,860        4,086        n/m  

Income (Loss) before income tax

     -5,124        691        n/m       -7,117        2,992        n/m  

Net income (loss)

     -3,674        585        n/m       -5,255        2,092        n/m  

Net income (loss) attributable to

     -3,685        566        n/m       -5,341        1,991        n/m  

owners of the company

                

CONDENSED SEPARATE STATEMENTS OF FINANCIAL POSITION

As of December 31, 2021 and 2020

 

(Unit : in billions of Korean Won)

   2021      2020      Change  

Total Assets

     115,579        113,103        2.2

Total Liabilities

     68,532        59,772        14.7

Total Equity

     47,047        53,331        -11.8

CONDENSED SEPARATE STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2021 and 2020

 

(Unit : in billions of Korean Won)

   2021
Oct.-Dec.
     2020
Oct.-Dec.
     Change     2021
Jan.-Dec.
     2020
Jan.-Dec.
     Change  

Operating revenues

     15,284        14,499        5.4     59,661        57,989        2.9

Operating income (loss)

     -4,181        1,216        n/m       -7,426        2,785        n/m  

Income (Loss) before income tax

     -4,376        1,094        n/m       -7,455        2,699        n/m  

Net income (loss)

     -3,375        806        n/m       -5,608        1,951        n/m  

 

*

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


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.

 

By:   /s/ Jun, Chul-soo
Name: Jun, Chul-soo
Title: General Manager of International Finance & IR Team

Date: February 24, 2022