Financial Information

Consolidated Income Statement

Unit: KRW, %
Item December 2020 December 2019 December 2018
Revenue 6,339,946,467 58,283,297,209 0
Cost of Goods Sold 7,453,033,376 35,994,541,495 0
Gross Profit (Loss) -1,113,086,909 22,288,755,714 0
Selling, General and
 Administrative Expenses
18,465,133,306 21,671,563,033 15,816,275,303
Operating Profit (Loss) -19,578,220,215 617,192,681 -15,816,275,303
Finance Income 1,134,243,539 10,825,259,021 6,588,948,824
Finance Expense 637,528,982 4,114,252,012 31,500,769,454
Other gains 307,280 20,246,126 1,108,465
Other losses 151,293,799 122,309,286 1,479,850
Profit Before Tax -19,232,492,177 7,226,136,530 -40,728,467,318
Corporate Tax 0 5,901,600,001 0
Net Income -19,232,492,177 1,324,536,529 -40,728,467,318

Consolidated Statement of Financial Position

Unit: KRW, %
Item December 2020 December 2019 December 2018
Current Assets 60,304,193,709 78,710,415,335 8,584,952,684
Non-Current Assets 3,205,905,603 1,026,714,731 3,055,239,683
Total Assets 63,510,099,312 79,737,130,066 11,640,192,367
Current Liabilities 1,055,467,456 4,707,918,371 35,869,281,653
Non-Current Liabilities 3,226,556,549 10,964,108 21,720,148,417
Total Liabilities 4,282,024,005 4,718,882,479 57,589,430,070
Issued Capital 9,590,587,000 3,112,529,000 1,031,298,500
Elements of other
stockholder's equity
69,056,256,858 123,268,502,433 5,706,784,172
Retained Earnings -19,418,768,551 -51,362,783,846 -52,687,320,375
Total Equity 59,228,075,307 75,018,247,587 -45,949,237,703
Total Liabilities and Equity 63,510,099,312 79,737,130,066 11,640,192,367

Separate Income Statement

Unit: KRW, %
Item December 2020 December 2019 December 2018
Revenue 6,339,946,467 58,283,297,209 0
Cost of Goods Sold 7,453,033,376 35,994,541,495 0
Gross Profit (Loss) -1,113,086,909 22,288,755,714 0
Selling, General and 
Administrative Expenses
17,644,773,226 21,569,844,710 15,820,481,669
Operating Profit (Loss) -18,757,860,135 718,911,004 -15,820,481,669
Finance Income 1,134,243,539 10,825,259,021 6,588,948,824
Finance Expense 637,528,982 4,114,252,012 31,500,769,454
Other gains 307,280 20,246,126 1,108,465
Other losses 1,191,850,083 122,309,286 1,479,850
Profit Before Tax -19,452,688,381 7,327,854,853 -40,732,673,684
Corporate Tax 0 5,901,600,001 0
Net Income -19,452,688,381 1,426,254,852 -40,732,673,684

Separate Statement of Financial Position

Unit: KRW, %
Item December 2020 December 2019 December 2018
Current Assets 60,039,072,741 77,744,705,516 8,567,689,521
Non-Current Assets 3,465,833,308 2,207,637,728 3,168,188,330
Total Assets 63,504,906,049 79,952,343,244 11,735,877,851
Current Liabilities 1,050,274,193 4,707,498,831 35,869,281,653
Non-Current Liabilities 3,226,556,549 10,964,108 21,720,148,417
Total Liabilities 4,276,830,742 4,718,462,939 57,589,430,070
Issued Capital 9,590,587,000 3,112,529,000 1,031,298,500
Elements of other
stockholder's equity
69,090,176,688 123,297,858,777 5,717,911,605
Retained Earnings -19,452,688,381 -51,176,507,472 -52,602,762,324
Total Equity 59,228,075,307 75,233,880,305 -45,853,552,219
Total Liabilities and Equity 63,504,906,049 79,952,343,244 11,735,877,851

Consolidated Income Statement

Unit: KRW, %
December 2020
Revenue 6,339,946,467
Cost of Goods sold 7,453,033,376
Gross Profit (Loss) -1,113,086,909
Selling, General and Administrative Expenses 18,465,133,306
Operating Profit (Loss) -19,578,220,215
Finance Income 1,134,243,539
Finance Expense 637,528,982
Other gains 307,280
Other losses 151,293,799
Profit Before Tax -19,232,492,177
Coporate Tax 0
Net Income -19,232,492,177
December 2019
Revenue 58,283,297,209
Cost of Goods sold 35,994,541,495
Gross Profit (Loss) 22,288,755,714
Selling, General and Administrative Expenses 21,671,563,033
Operating Profit (Loss) 617,192,681
Finance Income 10,825,259,021
Finance Expense 4,114,252,012
Other gains 20,246,126
Other losses 122,309,286
Profit Before Tax 7,226,136,530
Coporate Tax 5,901,600,001
Net Income 1,324,536,529
December 2018
Revenue 0
Cost of Goods sold 0
Gross Profit (Loss) 0
Selling, General and Administrative Expenses 15,816,275,303
Operating Profit (Loss) -15,816,275,303
Finance Income 6,588,948,824
Finance Expense 31,500,769,454
Other gains 1,108,465
Other losses 1,479,850
Profit Before Tax -40,728,467,318
Coporate Tax 0
Net Income -40,728,467,318

Consolidated Statements of
Financial Position

Unit: KRW, %
December 2020
Current Assets 60,304,193,709
Non-Current Assets 3,205,905,603
Total Assets 63,510,099,312
Cuurent Liabilities 1,055,467,456
Non-Current Liabilities 3,226,556,549
Total Liabilities 4,282,024,005
Issued Capital 9,590,587,000
Elements of other stockholder’s equity 69,056,256,858
Retained Earnings -19,418,768,551
Total Equity 59,228,075,307
Total Liabilities and Equity 63,510,099,312
December 2019
Current Assets 78,710,415,335
Non-Current Assets 1,026,714,731
Total Assets 79,737,130,066
Cuurent Liabilities 4,707,918,371
Non-Current Liabilities 10,964,108
Total Liabilities 4,718,882,479
Issued Capital 3,112,529,000
Elements of other stockholder’s equity 123,268,502,433
Retained Earnings -51,362,783,846
Total Equity 75,018,247,587
Total Liabilities and Equity 79,737,130,066
December 2018
Current Assets 8,584,952,684
Non-Current Assets 3,055,239,683
Total Assets 11,640,192,367
Cuurent Liabilities 35,869,281,653
Non-Current Liabilities 21,720,148,417
Total Liabilities 57,589,430,070
Issued Capital 1,031,298,500
Elements of other stockholder’s equity 5,706,784,172
Retained Earnings -52,687,320,375
Total Equity -45,949,237,703
Total Liabilities and Equity 11,640,192,367

Separate Income Statement

Unit: KRW, %
December 2020
Revenue 6,339,946,467
Cost of Goods sold 7,453,033,376
Gross Profit (Loss) -1,113,086,909
Selling, General and Administrative Expenses 17,644,773,226
Operating Profit (Loss) -18,757,860,135
Finance Income 1,134,243,539
Finance Expense 637,528,982
Other gains 307,280
Other losses 1,191,850,083
Profit Before Tax -19,452,688,381
Coporate Tax 0
Net Income -19,452,688,381
December 2019
Revenue 58,283,297,209
Cost of Goods sold 35,994,541,495
Gross Profit (Loss) 22,288,755,714
Selling, General and Administrative Expenses 21,569,844,710
Operating Profit (Loss) 718,911,004
Finance Income 10,825,259,021
Finance Expense 4,114,252,012
Other gains 20,246,126
Other losses 122,309,286
Profit Before Tax 7,327,854,853
Coporate Tax 5,901,600,001
Net Income 1,426,254,852
December 2018
Revenue 0
Cost of Goods sold 0
Gross Profit (Loss) 0
Selling, General and Administrative Expenses 15,820,481,669
Operating Profit (Loss) -15,820,481,669
Finance Income 6,588,948,824
Finance Expense 31,500,769,454
Other gains 1,108,465
Other losses 1,479,850
Profit Before Tax -40,732,673,684
Coporate Tax 0
Net Income -40,732,673,684

Separate Statement of
Financial Position

Unit: KRW, %
December 2020
Current Assets 60,039,072,741
Non-Current Assets 3,465,833,308
Total Assets 63,504,906,049
Cuurent Liabilities 1,050,274,193
Non-Current Liabilities 3,226,556,549
Total Liabilities 4,276,830,742
Issued Capital 9,590,587,000
Elements of other stockholder’s equity 69,090,176,688
Retained Earnings -19,452,688,381
Total Equity 59,228,075,307
Total Liabilities and Equity 63,504,906,049
December 2019
Current Assets 77,744,705,516
Non-Current Assets 2,207,637,728
Total Assets 79,952,343,244
Cuurent Liabilities 4,707,498,831
Non-Current Liabilities 10,964,108
Total Liabilities 4,718,462,939
Issued Capital 3,112,529,000
Elements of other stockholder’s equity 123,297,858,777
Retained Earnings -51,176,507,472
Total Equity 75,233,880,305
Total Liabilities and Equity 79,952,343,244
December 2018
Current Assets 8,567,689,521
Non-Current Assets 3,168,188,330
Total Assets 11,735,877,851
Cuurent Liabilities 35,869,281,653
Non-Current Liabilities 21,720,148,417
Total Liabilities 57,589,430,070
Issued Capital 1,031,298,500
Elements of other stockholder’s equity 5,717,911,605
Retained Earnings -52,602,762,324
Total Equity -45,853,552,219
Total Liabilities and Equity 11,735,877,851