|
Report Date : |
29.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
GS ENGINEERING & CONSTRUCTION
CORPORATION |
|
|
|
|
Registered Office : |
GS Yeokjeon Bldg. 537, Namdaemunno 5-ga, Jung-gu, Seoul, Korea 100-722 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
30.09.2011 |
|
|
|
|
Date of Incorporation : |
19.12.1969 |
|
|
|
|
Com. Reg. No.: |
104-81-18121 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Construction of Industrial Plants |
|
|
|
|
No. of Employees : |
6,845 |
RATING & COMMENTS
|
MIRAs Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
Status : |
Good |
|
Payment Behaviour : |
No Complaints |
|
Litigation : |
Exists |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company Name |
GS ENGINEERING & CONSTRUCTION
CORPORATION (Korean Company Name : 지에스건설(주)) |
|
Registered Address |
537, Namdaemunno 5-ga, Jung-gu, Seoul,
Korea |
|
Building |
GS Yeokjeon Bldg. |
|
Zip Code |
100-722 |
|
Tel |
+82-2-728-1112~3 |
|
Fax |
+82-2-728-1203 |
|
E-mail |
webmaster@gsconst.co.kr;ykp@gsconst.co.kr;jhoh04@gsconst.co.kr;
hrdong@gsconst.co.kr |
|
Website |
www.gsconst.co.kr |
|
Trading Address |
537, Namdaemunno 5-ga, Jung-gu, Seoul,
Korea |
|
Tel |
+82-2-728-1112~3 |
|
Fax |
+82-2-728-3235 |
|
Other Address-Gangchon Resort |
29-1, Baekyang-ri, Namsan-myeon,
Chuncheon-si, Gangwon-Do, Korea |
|
Tel |
+82-33-260-2100 |
|
Fax |
+82-33-262-9090 |
|
Other Address-Jeju Resort |
San 17, Eoeum-ri, Aewol-eup, Jeju-si, Jeju-Do, Korea |
|
Tel |
+82-64-798-7000 |
|
Fax |
+82-64-799-7011 |
|
Type |
Export |
|
Industry |
Apartment Building Construction |
|
Main Business |
Construction of Industrial Plants |
|
Sub
Business |
|
|
Established (mm/dd/yyyy) |
12/19/1969 |
The Subject owns the premises of registered HQ address, Gangchon Resort and Jeju Resort.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
General building construction(72130000) |
|
Sell |
Commercial or industrial construction(72131600) |
|
Sell |
Residential construction(72131500) |
|
Sell |
Renovation of buildings or landmarks or monuments(72102801) |
|
Name |
Huh Myung-Soo |
|
Address |
- |
|
Date of Birth |
10/01/1955 |
|
Title |
Vice President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
255,000,000,000 |
|||||||||||||||||||||||||||
|
Employees |
6,845 |
|||||||||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange:
006360) as of 08/03/1981 A Company of GS Group |
|||||||||||||||||||||||||||
|
Bank Details |
SC First Bank of Korea-Mapo Branch Shinhan Bank |
|||||||||||||||||||||||||||
|
Corporate Registered No. |
110111-0002694 |
|||||||||||||||||||||||||||
|
Business Registered No. |
104-81-18121 |
|||||||||||||||||||||||||||
|
Permit & Licenses |
1996 KT Mark 12/05/1999 ISO 14001 by BSI 10/15/2001 ISO 9001 by HSBRS Construction License No.: 10057(Chokyung),
343(Civil Engineering), 60 (Housing Construction) Intl Trade No.: 970563 |
|||||||||||||||||||||||||||
|
Shareholder Position |
|
|||||||||||||||||||||||||||
|
Company History |
12/19/1969 Incorporated as LUCKY
DEVELOPMENT CO., LTD. 01/04/1979 Acquired LUCKY Overseas
Construction Co., Ltd. 08/01/1999 Acquired LG Engineering Co.,
Ltd. 10/01/2000 Acquired Baikyang Development
Co., Ltd. 02/24/1995 Changed company name to LG
Engineering & Construction Co., Ltd. 01/27/2005 Separated from LG GROUP 03/18/2005 Changed company name to the
present name 04/04/2005 Joined as an affiliated company
of GS Group |
|||||||||||||||||||||||||||
|
|
|
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education & Career |
|
Chairman & CEO |
Mr. |
Huh Chang-Soo |
Korean |
1948.10.16 |
Korea University, Korea |
|
Vice President & CEO |
Mr. |
Huh Myung-Soo |
Korean |
1955.10.01 |
Korea University, Korea |
|
CEO(Domestic Sales), CSO |
Mr. |
Lee Whui-Sung |
Korean |
1951.12.22 |
Gyungsang University, Korea |
|
CEO(Overseas Sales), CGO |
Mr. |
Woo Sang-Ryong |
Korean |
1952.06.16 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Kim Jong Bin |
Korean |
1947.09.16 |
Korea University, Korea |
|
Outside Director |
Mr. |
Pyun Jong-Keun |
Korean |
1947.10.27 |
Seoul National University, Korea |
|
Outside Director |
Mr. |
Park Kyung-Seo |
Korean |
1958.10.02 |
Korea University, Korea |
|
Outside Director |
Mr. |
Moon Sung-Woo |
Korean |
1956.02.27 |
Seoul National University, Korea |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
5,970,561,981,959 |
10,421,172,390,498 |
339,154,806,263 |
|
|
2010 |
7,892,762,695,120 |
9,338,223,504,325 |
407,270,485,094 |
|
2009 |
7,376,924,587,013 |
8,946,255,299,092 |
382,800,689,798 |
|
2008 |
6,865,848,283,075 |
8,182,262,403,210 |
381,553,875,670 |
|
2007 |
6,011,536,409,727 |
5,738,831,089,486 |
399,315,644,472 |
|
2006 |
5,745,164,633,335 |
4,751,421,165,926 |
386,953,458,149 |
|
2005 |
5,630,812,676,381 |
3,825,836,715,015 |
265,137,666,049 |
|
2004 |
4,049,093,403,401 |
3,303,259,665,072 |
156,119,585,786 |
(*)09/2011 and 06/2011s figures are based on the K-IFRS Accounting
System.
|
Authorized Capital(KRW) |
1,000,000,000,000 |
|
Paid-Up Capital(KRW) |
255,000,000,000 |
|
Total Issues Shares |
51,000,000 |
|
Unit :
Korean Won |
01/01/2011~09/30/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Total
Assets |
10,421,172,390,498 |
10,017,486,706,321 |
|
|
Current Assets |
7,598,551,541,557 |
7,321,975,405,325 |
|
|
Cash
& Cash Equivalents |
1,459,774,627,094 |
1,377,046,965,094 |
|
|
Trade
Receivables & Other Receivables |
4,726,988,348,801 |
4,433,001,136,070 |
|
|
Inventories |
286,762,342,096 |
290,018,473,591 |
|
|
Other
Finance Assets |
315,987,377,004 |
264,792,698,557 |
|
|
Other
Current Assets |
809,038,846,562 |
616,808,132,013 |
|
|
Marketable
Financial Instruments |
- |
340,308,000,000 |
|
|
Non-Current Assets |
2,822,620,848,941 |
2,695,511,300,996 |
|
|
Tangibles |
1,067,436,564,622 |
1,070,752,383,888 |
|
|
Intangibles |
48,450,493,392 |
48,744,905,718 |
|
|
Investment_Real
Estates |
324,989,502,672 |
341,308,226,006 |
|
|
Investment_Subsidiaries |
636,147,154,254 |
634,889,914,450 |
|
|
Long-Term
Trade Receivables & Other Receivables |
448,341,519,833 |
396,389,846,890 |
|
|
Non-Current
Financial Instruments |
196,864,788,934 |
203,426,024,044 |
|
|
Non-Current Portion of Deferred Income Tax Credit |
100,390,825,234 |
- |
|
|
Total Liabilities |
6,645,796,422,228 |
6,411,290,603,070 |
|
|
Current Liabilities |
4,782,801,684,544 |
5,245,480,020,667 |
|
|
Trade
Payables & Other Payables |
1,480,298,140,354 |
1,649,163,597,078 |
|
|
Short-Term Borrowings |
797,702,822,827 |
838,792,076,509 |
|
|
Accrued Income Tax |
92,431,693,663 |
120,059,649,330 |
|
|
Other Current Liabilities |
2,412,369,027,700 |
2,637,464,697,750 |
|
|
Non-Current Liabilities |
1,862,994,737,684 |
1,165,810,582,403 |
|
|
Non-Current
Financial Debts |
946,356,717,889 |
310,859,356,848 |
|
|
Provision for Severance & Retirement |
78,834,345,143 |
54,716,617,335 |
|
|
Non-Current Provisions |
419,026,998,973 |
356,401,144,663 |
|
|
Deferred Income Tax Credit |
0 |
1,632,746,541 |
|
|
Other
Non-Current Debts |
418,776,675,679 |
442,200,717,016 |
|
|
Capital Stock |
255,000,000,000 |
255,000,000,000 |
|
|
Capital
Surplus |
135,630,820,785 |
136,595,608,523 |
|
|
Others |
-82,266,592,119 |
-83,502,547,119 |
|
|
Other Accumulated Income |
16,545,394,074 |
137,922,724,195 |
|
|
Profit
Surplus |
3,450,466,345,530 |
3,160,180,317,652 |
|
|
Total
Equity |
3,775,375,968,270 |
3,606,196,103,251 |
|
|
Liab.
& Shareholders Equity |
10,421,172,390,498 |
10,017,486,706,321 |
|
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Total Assets |
9,338,223,504,325 |
8,946,255,299,092 |
8,182,262,403,210 |
|
Current Assets |
6,551,876,506,319 |
5,894,188,019,379 |
4,927,769,147,801 |
|
-Quick Assets |
6,261,858,032,728 |
5,465,201,666,664 |
4,470,550,720,871 |
|
-Inventories |
290,018,473,591 |
428,986,352,715 |
457,218,426,930 |
|
Fixed Assets |
2,786,346,998,006 |
3,052,067,279,713 |
3,254,493,255,409 |
|
-Investment |
893,229,683,377 |
1,253,873,896,230 |
1,385,484,535,120 |
|
-Tangibles |
1,449,432,958,530 |
1,421,695,990,815 |
1,412,319,549,148 |
|
-Intangibles |
2,510,833,322 |
2,838,333,320 |
3,168,333,313 |
|
-Others |
441,173,522,777 |
373,659,059,348 |
453,520,837,828 |
|
Total Liabilities |
5,752,438,311,959 |
5,647,243,912,082 |
5,147,264,120,753 |
|
Current Liabilities |
4,587,501,626,423 |
4,194,139,836,522 |
3,788,790,423,168 |
|
Fixed Liabilities |
1,164,936,685,536 |
1,453,104,075,560 |
1,358,473,697,585 |
|
Capital Stock |
255,000,000,000 |
255,000,000,000 |
255,000,000,000 |
|
Capital Surplus |
239,634,902,077 |
239,268,270,744 |
236,767,343,752 |
|
Profit Surplus |
2,498,541,599,051 |
2,140,749,962,957 |
1,782,688,697,659 |
|
Capital Adjustment |
592,608,691,238 |
663,993,153,309 |
760,542,241,046 |
|
Total Equity |
3,585,785,192,366 |
3,299,011,387,010 |
3,034,998,282,457 |
|
Liab. & Shareholders
Equity |
9,338,223,504,325 |
8,946,255,299,092 |
8,182,262,403,210 |
|
Current
Liabilities |
4,587,501,626,423 |
4,194,139,836,522 |
3,788,790,423,168 |
|
Trade
Payables |
1,595,480,283,959 |
1,366,361,228,492 |
1,483,183,270,457 |
|
Short-Term
Borrowings |
493,897,382,021 |
200,239,738,679 |
260,000,000,000 |
|
Account
Payables |
53,683,313,119 |
70,233,297,444 |
134,599,209,979 |
|
Advance
Receipts-Construction |
1,485,005,075,397 |
1,694,047,003,366 |
1,048,159,201,064 |
|
Advance
Receipts-Lot Out |
1,586,408,661 |
42,324,666,301 |
30,181,936,892 |
|
Advance
Receipts |
221,004,918,338 |
192,934,495,746 |
6,090,826,618 |
|
Withholdings |
106,161,872,690 |
124,115,644,725 |
103,448,174,909 |
|
Guarantee
Deposit Withhold |
7,302,903,025 |
7,132,062,825 |
11,953,786,100 |
|
Accrued
Expenses |
123,717,628,839 |
29,488,707,832 |
38,791,508,934 |
|
Accrued
Income Tax |
120,059,649,330 |
59,804,483,428 |
185,840,636,099 |
|
Accrued
Dividends |
16,796,660 |
18,026,980 |
21,881,790 |
|
Unearned
Income |
5,160,225,907 |
5,397,690,797 |
1,461,387,020 |
|
Current
Portion of Long-Term Debts |
161,700,000,000 |
150,000,000,000 |
- |
|
Derivatives |
155,969,179,755 |
211,925,670,906 |
465,318,511,347 |
|
Confirmed
Agreement Debts |
27,670,048,457 |
40,212,550,847 |
4,885,508,283 |
|
Current
Portion of Deferred Income Tax Credit |
29,530,473,989 |
- |
14,854,583,676 |
|
Fixed
Liabilities |
1,164,936,685,536 |
1,453,104,075,560 |
1,358,473,697,585 |
|
Debentures |
300,000,000,000 |
611,980,000,000 |
501,525,000,000 |
|
Long-Term
Borrowings |
11,940,000,020 |
11,940,000,020 |
11,940,000,020 |
|
Long-Term
Guarantee Deposit Withhold |
1,777,020,474 |
243,230,788 |
641,127,018 |
|
Provision
for Severance & Retirement |
152,154,805,242 |
153,506,505,720 |
160,431,921,506 |
|
Leasehold
Deposit Received |
134,693,028,274 |
135,409,781,064 |
125,798,773,054 |
|
Membership Deposit |
305,730,668,268 |
339,792,018,268 |
336,157,868,268 |
|
Provision
for Construction Loss |
94,656,014,143 |
15,822,185,730 |
6,362,849,713 |
|
Provision
for Repairing |
96,210,582,459 |
62,017,973,109 |
70,636,565,325 |
|
Deferred
Income Tax Credit |
25,903,628,872 |
104,679,496,145 |
143,265,776,241 |
|
Other
Provisions |
149,586,845,826 |
126,826,162,048 |
100,542,175,966 |
|
Unit : Korean Won |
01/01/2011~09/30/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Sales |
5,970,561,981,959 |
|
|
|
Cost of Sold Goods |
5,297,702,431,165 |
|
|
|
Gross Profit |
672,859,550,794 |
|
|
|
Selling & Admin. Expenses |
391,494,609,125 |
|
|
|
Other Operating Income |
577,185,527,573 |
|
|
|
Other Operating Expenses |
316,064,623,359 |
|
|
|
Operating Income |
542,485,845,883 |
|
|
|
Finance Income |
139,637,292,004 |
|
|
|
Finance Expenses |
221,586,564,109 |
|
|
|
Income Before Taxes |
460,536,573,778 |
|
|
|
Income Taxes Expenses |
121,381,767,515 |
|
|
|
Net Income |
339,154,806,263 |
|
|
|
Unit : Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Sales |
7,892,762,695,120 |
7,376,924,587,013 |
6,865,848,283,075 |
|
Cost of Sold Goods |
6,882,229,895,390 |
6,421,980,379,454 |
5,952,884,554,246 |
|
Gross Profit |
1,010,532,799,730 |
954,944,207,559 |
912,963,728,829 |
|
Selling & Admin. Expenses |
489,845,839,930 |
387,019,096,980 |
434,640,706,979 |
|
Operating Income |
520,686,959,800 |
567,925,110,579 |
478,323,021,850 |
|
Non-Operating Income |
493,762,424,014 |
557,028,344,915 |
1,199,645,192,026 |
|
Non-Operating Expenses |
489,245,644,480 |
616,753,219,703 |
1,129,327,927,708 |
|
Ordinary Income |
525,203,739,334 |
508,200,235,791 |
548,640,286,168 |
|
Special Income |
- |
- |
- |
|
Income Before Taxes |
525,203,739,334 |
508,200,235,791 |
548,640,286,168 |
|
Income Taxes Expenses |
117,933,254,240 |
125,399,545,993 |
167,086,410,498 |
|
Net Income |
407,270,485,094 |
382,800,689,798 |
381,553,875,670 |
|
Unit :
Korean Won |
01/01/2011~09/30/2011 |
As of 12/31/2010 |
As of 12/31/2009 |
|
Operating Activities Cash Flows |
-474,371,612,872 |
|
|
|
Cash
Flows from Operating |
-290,983,427,305 |
|
|
|
Interests
Received |
38,147,342,720 |
|
|
|
Interests
Paid |
-25,055,024,591 |
|
|
|
Dividends
Received |
9,602,298,728 |
|
|
|
Income
Taxes |
-206,082,802,424 |
|
|
|
Cash Flows from Investing |
112,340,197,675 |
|
|
|
Cash
Inflow from Investing |
440,953,691,092 |
|
|
|
Cash
Outflows for Investing |
-328,613,493,417 |
|
|
|
Cash Flows from Financing |
434,770,048,805 |
|
|
|
Cash
Inflows from Financing |
1,290,378,840,235 |
|
|
|
Cash
Outflows from Financing |
-855,608,791,430 |
|
|
|
Increase/Decrease in Cash |
72,738,633,608 |
|
|
|
Cash at the Beginning of Year |
1,377,046,965,094 |
|
|
|
Cash at the End of Year |
1,459,774,627,094 |
|
|
|
Unit :
Korean Won |
As of 12/31/2010 |
As of 12/31/2009 |
As of 12/31/2008 |
|
Cash Flows
from Operating |
202,453,887,948 |
550,653,204,250 |
619,422,941,440 |
|
-Net Income |
407,270,485,094 |
382,800,689,798 |
381,553,875,670 |
|
-Exp.
without Cash Outflow |
581,292,140,971 |
433,693,043,405 |
995,751,028,832 |
|
-Revenue
without Cash Inflows |
-282,926,317,001 |
-270,092,527,506 |
-746,077,492,481 |
|
-Changes in
Asset/ & Liability |
-503,182,421,116 |
4,251,998,553 |
-11,804,470,581 |
|
Cash Flows
from Investing |
-197,675,393,872 |
-111,066,013,893 |
-301,474,697,850 |
|
-Cash Inflow
from Investing |
528,780,366,289 |
754,283,181,688 |
404,942,058,094 |
|
-Cash
Outflows for Investing |
-726,455,760,161 |
-865,349,195,581 |
-706,416,755,944 |
|
Cash Flows
from Financing |
-72,474,697,361 |
245,487,299,924 |
62,071,763,429 |
|
-Cash
Inflows from Financing |
1,081,731,491,666 |
1,070,999,609,506 |
2,489,701,974,253 |
|
-Cash
Outflows from Financing |
-1,154,206,189,027 |
-825,512,309,582 |
-2,427,630,210,824 |
|
Increase/Decrease
in Cash |
-67,696,203,285 |
685,074,490,281 |
380,020,007,019 |
|
Cash at the
Beginning of Year |
1,444,743,168,379 |
759,668,678,098 |
379,648,671,079 |
|
Cash at the
End of Year |
1,377,046,965,094 |
1,444,743,168,379 |
759,668,678,098 |
|
Main Products & Services |
General building construction -Construction Service Engineering,
procurement, construction management services for civil construction -Highway, harbor, bridge construction Commercial or industrial construction -Refinery and petrochemical plant, waste water treatment, waste
disposal, and landfill Residential construction Renovation of buildings or landmarks or monuments |
|
Suppliers |
DONGKUK STEEL MILL CO.,
LTD.(110111-0031338) HYUNDAI STEEL COMPANY(120111-0001743) LS CABLE LTD.(134111-0168357) GAON CABLE CO., LTD.(134111-0000567) DOOSAN MECATEC CO., LTD.(110111-0126022) |
|
Customers |
LG DISPLAY CO., LTD.(110111-0393134) KYUNGBANG LTD(110111-0013287) KOREA LAND CORPORATION(114271-0001818) KOREA REAL ESTATE INVESTMENT TRUST CO.,
LTD(110111-1258220) KOREA MIDLAND POWER CO.,
LTD.(110111-2207193) KOREA HYDRO & NUCLEAR POWER CO.,
LTD.(110111-2207127) KOREA WATER RESOURCES CORPORATION(164171-0000052) KOREA GAS CORPORATION(114671-0006125) AROMATICS OMAN LLC QATAR PETROLEUM LAND TRANSPORT AUTHORITY VIDIFI(VIETNAM INFRASTRUCTURE DEVELOPMENT
AND FINANCE INVESTMENT) AIG GLOBAL INVESTMENT GROUP |
|
Competitors |
HYUNDAI ENGINEERING & CONSTRUCTION CO.,
LTD.(110111-0007909) 140-2, GYE-DONG, JONGNO-GU, SEOUL, KOREA TEL:+82-2-746-1114 FAX:+82-2-746-3333 DAEWOO ENGINEERING & CONSTRUCTION CO.,
LTD.(110111-2137895) KUMHO ASIANA FIRST TOWER, 57, SINMUNNO
1-GA, JONGNO-GU, SEOUL, KOREA TEL:+82-2-2288-3114 FAX:+82-2-2288-3113 SAMSUNG C & T CORPORATION(110111-0002975) 1321-20, SEOCHO 2-DONG, SEOCHO-GU, SEOUL,
KOREA TEL:+82-2-2145-2114 FAX:+82-2-2145-3114 DAELIM INDUSTRIAL CO., LTD.(110111-0084915) DAELIM BLDG., 146-12, SUSONG-DONG,
JONGNO-GU, SEOUL, KOREA TEL:+82-2-2011-7114 FAX:+82-2-2011-8000 |
Affiliates-Domestic |
RELATED PARTIES (SUBSIDIARIES, JOINT-VENTURE & AFFILIATES) GS HOLDINGS CORP. (110111-3045112) GS HOME SHOPPING INC. (110111-1111444) COSMO CHEMICALCO., LTD (110111-0152738) SAMYANG TONGSANG LTD GS-CALTEX CORPORATION (110111-0078819) GS POWER (134111-0074744) HAEYANG CITY GAS CO., LTD (200111-0004906) SEORABEOL CITY GAS CO.,LTD (171211-0024180) OIL CHAIN CORPORATION (110111-2194754) GS FUELCELL CO.LTD. (160111-0108202) GS RETAIL (110111-0090037) GSWATSONS (110111-3136474) KOREA CABLE TV ULSAN STATION
(181211-0045481) GS TELESERVICE (110111-2618192) GS SPORTS.LTD (110111-3024330) HAMOO DEVELOMET CO., LTD (110111-0411142) XI SERVICE (110111-3141720) SAMYANG INT'L CO., LTD. (110111-0424848) BOHEUN DEVELOPMENT CO., LTD.
(110111-1557573) COMTECH INTERNATIONAL OKSAN DISTRIBUTION (110111-1426108) S M COMPANY LTD (110111-1308124) GS NEOTEK (110111-0166953) EZVILLE INC. (110111-1934557) CENTRAL MOTORS CORP. (131111-0101912) SUNGSAN GROUP CORPORATION (110111-0110653) SLS LTD (110111-1632424) SUNGSAN LEISURE INC (141111-0022893) YEOSU-WHAMUL INC (204714-0001033) WANNA NET COSMO FINE CHEMICALS CO.,
LTD.(110111-0531205) COSMO INDUSTRIAL CO.LTD (150111-0077722) SMARTRO CO., LTD (110111-1536189) COSMO & COMPANY CO., LTD.
(110111-0298243) COSMO CORPORATION CO., LTD.(110111-2559354) COSMO INET (110111-2559362) ISURF INC. (110111-2197047) LANDMARK ASIA, INC. (110111-2219411) DREAM SPORTS COSMO S&F MARUMAN KOREA (131111-0093953) DH CLUB.COM ESTECH ESTIMATE CORP. (110111-3253583) NEXTATION.CO.,LTD. (110111-2123571) UIJEONGBU LIGHT RAIL TRANSIT CO., LTD
(280111-0071743) STSLOGISTICS INC. (110111-1999197) GS EPS KANGNAM CABLE SYSTEM INC. (110111-1009780) ITMEXSYI (110111-3451731) GLS SERVICE CORP. (110111-3532846) |
|
Affiliates-Overseas |
GS CALTEX SINGAPORE PTE.(SINGAPORE) GS E&C ITALY S.R.L.(ITALY) GS E&C (NANJING) CO. LTD.(CHINA) GS E&C POLAND SP.Z.O.O.(POLAND) CHONGQING GS SHOPPING INC.(CHINA) SAMHO CO. LTD.(VIETNAM) SAMMA CORP.(PHILIPPINES) QINGDAO SAMYANG LEATHER CO., LTD.(CHINA) FARWEST STEEL CO.(USA) TONGDAL COSMO PLASTIC PIPE CO., LTD.(CHINA) GS AROMATICS PTE.(SINGAPORE) LIDONG CHEMICAL CO. LTD.(CHINA) GS-HP SUNFLOWER INTERNATIONAL VILLAGE
CORP.(VIETNAM) LANDMARK GLOBAL INC.(USA) WESTERN COATING INC.(USA) QINGDAO LIXING LOGISTICS CO., LTD.(CHINA) GS E&C THAI CO., LTD.(THAILAND) BEIJING SC MOTOR PARTS CO., LTD.(CHINA) FRONTIER NEMTWO(MALAYSIA) FRONTIER WOKAM(MALAYSIA) GS CALTEX(QINGDAO) CO., LTD.(CHINA) GS E&C INDIA PRIVATE LTD.(INDIA) GS CALTEX(LANGBANG) CO., LTD.(CHINA) GS CU CHI DEVELOPMENT CO. LTD.(VIETNAM) COSMO VIETNAM CO., LTD.(VIETNAM) GS CONSTRUCTION (ARABIA) LTD.(SAUDI ARBIA) GS NHA BE DEVELOPMENT ONE-MEMEBER
LLC.(VIETNAM) GS CALTEX(QINGDAO) ENERGY CO., LTD(CHINA) GS RETAIL VIETNAM CO., LTD.(VIETNAM) COSMO RUS, LLC.(RUSSIA) MK INTERNATIONAL(JAPAN) GS NEOTEK VIETNAM CO., LTD.(VIETNAM) GS SAIGON DEVELOPMENT ONE-MEMBER
LLC(VIETNAM) SLEEP METHODS, INC.(USA) COSMO CHINA INVESTMENT CO., LTD.(CHINA) GS CALTEX(JINAN) ENERGY CO., LTD(CHINA) GS (CAMBODIA) DEVELOPMENT CO.,
LTD.(CAMBODIA) GS GLOBAL BIO CO., LTD.(CAMBODIA) |
|
Overseas Office |
ITALY/MILAN OFFICE GS ENGINEERING & CONSTRUCTION ITALY
S.R.L. VIA DELL'UNIONE EUROPEA, 6 20097 SAN DONATO MILANESE TEL:+39-02-518142 IRAN/TEHRAN OFFICE NO. 63, 5TH FLOOR, ZAFAR AVE.(DASTEGERDI),
SHARIATI ST., TEHRAN, IRAN TEL:+98-21-227-2401 UAE/DUBAI OFFICE OFFICE NO. 204, 2ND FLOOR, RAIS HASSAN
SAADI BLDG.,BUR DUBAI, DUBAI, U.A.E TEL:+971-4-351-4115 INDIA/NEW DELHI OFFICE 1ST FLOOR, BUILDING NO.9, D BLOCK LOCAL
SHOPPING CENTER II, POORVI MARG, VASANT VIHAR, NEW DELHI - 100 057, INDIA TEL:+91-11-2614-5552/5021 CHINA/BEIJING OFFICE B1509, EAGLE RUN PLAZA, NO.26 XIAOYUN ROAD,
CHAOYANG DISTRICT, BEIJING CHINA 100016 TEL:+86-10-8458-3062 CHINA/NANJING OFFICE FL.12, HEPING BUILDING, NO.22 BEIJING EAST
ROAD, NANJING, CHINA 210008 TEL:+86-25-8695-9988 VIETNAM/HANOI OFFICE 1ST FLOOR, HANOI CENTRAL BUILDING (MELIA),
44B LY THUONG KIET STREET, HANOI, VIETNAM TEL:+84-4-934-5100/5103 INDONESIA/JAKARTA OFFICE J1 JEND SUDIRMAN KAV.52-53. JAKARTA STOCK
EXCHANGE BUILDING 15TH FLOOR SUITE 1502 TEL:+62-2-515-1844 |
|
Subsidiary |
HANMOO DEVELOMET CO., LTD(110111-0411142) (67.56% held by the subject company) EZVILLE, INC.(110111-1934557) (78% held by the subject company) XI SERVICE(110111-3141720) (100% held by the subject company) ESTECH ESTIMATE CORP.(110111-3253583) (100% held by the subject company) GLS SERVICE CORP.(110111-3532846) (100% held by the subject company) GCS PLUS(140111-0033487) (100% held by the subject company) GS E&C ITALY S.R.L (100.00% held by the subject company) GS E&C POLAND SP.ZO.O (100.00% held by the subject company) GS CU CHI DEVELOPMENT ONE-MEMBER LLC (100.00% held by the subject company) GS NHA BE DEVELOPMENT ONE-MEMBER LLC (100.00% held by the subject company) GS SAIGON DEVELOPMENT ONE-MEMBER LLC (100.00% held by the subject company) |
|
Cooperative Enterprise |
KAIST KAWASAKI -Insured Company LIG INSURANCE CO., LTD.(110111-0017859) |
(Activity &
Markets)
|
Sales/ Unit :100 Mil KRW |
09/2010 |
2010 |
2009 |
|
Export |
25,312 |
23,657 |
17,181 |
|
Domestic |
34,922 |
53,635 |
53,431 |
|
Others |
3205 |
6908 |
3,157 |
|
Total |
63,439 |
84,200 |
73,769 |
The subject exports to Asia and Middle East Countries.
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (Million KRW) |
Status |
|
|
|
Park Soon-Shim |
The Subject & Others(1) |
Confirmation on the right Lotting Position |
- |
2nd Round Proceeding |
|
|
|
Isu Engineering & construction co.,
Ltd.(110111-0202202) |
The Subject |
Compensation for Hangang Xi's Fire
Accident |
100 |
2nd Round Proceeding |
|
|
|
Association
of Residential Representatives |
The Subject & Others(3) |
Stopping Construction of Chungdam Xi |
- |
1st Round Proceeding |
|
|
|
Association
of Residential Representatives |
The Subject & Others(3) |
Compensation for Repairing of Cheonan
Chungsol LG/SK Apt. |
1,029 |
2nd Round Proceeding |
|
|
|
Association
of Residential Representatives |
The Subject & Others(4) |
Compensation for Repairing of Busan Metro
City |
4,525 |
1st Round Proceeding |
|
|
|
Kang Keum-Ryeol |
The Subject & Others(1) |
Claim for Damages of Highway Site between
Daegu-Pohang |
958 |
1st Round Proceeding |
|
|
|
The Subject |
Samsung C&T
Corporation(110111-0002975) |
Claim for Damages of Icheon Logistics
Center's accident |
4,000 |
1st Round Proceeding |
|
|
|
The Subject & Others(3) |
Korea Workers' Compensation & Welfare
Service |
Cancellation on imposed insurance fee |
3,370 |
2nd Round Proceeding |
|
|
|
Turkey GURIS |
The Subject & Tupras |
Claim for Account Receivables of IZMIR
Project |
$12,800,000 |
3rd Round Proceeding |
|
|
|
Prosecutors's Office |
The Subject & Park Chang-Kyu |
Criminal Case of the Violation on the Law
of Industry Safety |
Criminal Case |
3rd Round Proceeding |
|
|
|
Prosecutors's Office |
The Subject & Cho Kyu-Ho |
Criminal Case of Icheon GS Homeshopping
Logistics Center on the Law of Industry Safety |
Criminal Case |
2nd Round Proceeding |
|
|
|
Prosecutors's Office |
The Subject |
Criminal Case of Seoul Subway Line 7 of
the Law on Fair Trade |
Criminal Case |
3rd Round Proceeding |
|
|
|
Lim Kyung-Soo |
The Subject & Others(1) |
Compensation for Shindaerim Xi |
503 |
1st Round Proceeding |
|
|
|
Hong Cheol-Sun |
The Subject & Others(2) |
Provisional disposition for stopping the
construction of Kwonsun Jugong |
Provisional disposition |
1st Round Proceeding |
|
|
|
Ruukki Construction Polska z.0.0 |
The Subject |
Claim for Account Payable from LG Innot다(Poland) |
1,100 |
1st Round Proceeding |
|
|
|
Youngwoo Construction Co., Ltd &
Others(6) |
The Subject & Others(3) |
Claim for Damages of Highway Site between
Ducksan-Yesan |
1,900 |
1st Round Proceeding |
|
|
|
The Subject |
Fair Trade Commission |
Cancellation on the imposed penalty from
Seoul Subway Line 7 |
3,542 |
1st Round Proceeding |
|
|
|
The Subject |
KSCFC |
Claim for Agreement Guarantee for
continuing the construction |
521 |
1st Round Proceeding |
|
|
|
Prosecutors's Office |
The Subject & Others(5) |
Criminal Case of South-East Distribution
Complex Construction of the Violation on the Construction Industry Basic Law |
Criminal Case |
2nd Round Proceeding |
|
|
|
Prosecutors's Office |
Lee Se-Chan |
Criminal Case of South-East Distribution
Complex Construction of the Violation on the Construction Industry Basic Law |
Criminal Case |
2nd Round Proceeding |
|
|
|
Purun City Co., Ltd. |
The Subject |
Claim for Account Receivables on
Shindaerim Xi |
3,800 |
1st Round Proceeding |
|
|
|
Lee Jung-Cheong & Others(275) |
The Subject & Others(1) |
Provisional disposition on Stopping Pungmu
Xi Construction |
- |
1st Round Proceeding |
|
|
|
Song Chang-Woong & Others(14) |
Association including the Subject Company |
Confirmation on Nullifying of the general
meeting for Bomun3 Area |
- |
1st Round Proceeding |
|
|
|
Association
of Residential Representatives |
The Subject & Others(2) |
Claim for Damages of Mario Tower |
500 |
1st Round Proceeding |
|
|
|
Seo Seok-Chil |
The Subject & Others(1) |
Cancellation of Provisional disposition on
stopping the construction between Gachang-Kaknam |
- |
1st Round Proceeding |
There are 6 cases filed as Plaintiff(s)/ Creditor(s)/ Applicant(s)
amounting 51,796,000,000 KRW, and 59 cases Defendant(s)/ Debtor(s)/
Respondent(s) amounting 64,657,000,000 KRW as of 09/30/2010.
--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.14 |
|
|
1 |
Rs.77.86 |
|
Euro |
1 |
Rs.66.06 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SCs credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.