|
Report No. : |
346197 |
|
Report Date : |
19.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
LG INTERNATIONAL CORPORATION |
|
|
|
|
Registered Office : |
128, Yeoui-daero,
Yeongdeungpo-gu, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
30.06.2015 |
|
|
|
|
Date of Incorporation : |
01.12.1953 |
|
|
|
|
Com. Reg. No.: |
116-81-18686 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Wholesale of Non-Specialized Goods. (Petrochemicals, Metal & Coal, Energy Product, Computer
Peripherals) |
|
|
|
|
No. of Employees : |
545 |
RATING & COMMENTS
|
MIRA’s 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 : |
Regular |
|
|
|
|
Litigation : |
Exist |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
South
Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SOUTH KOREA - ECONOMIC
OVERVIEW
South Korea over the past four decades has demonstrated incredible
economic growth and global integration to become a high-tech industrialized
economy. In the 1960s, GDP per capita was comparable with levels in the poorer
countries of Africa and Asia. In 2004, South Korea joined the trillion-dollar
club of world economies. A system of close government and business ties,
including directed credit and import restrictions, initially made this success
possible. The government promoted the import of raw materials and technology at
the expense of consumer goods, and encouraged savings and investment over
consumption. The Asian financial crisis of 1997-98 exposed longstanding
weaknesses in South Korea's development model, including high debt/equity
ratios and massive short-term foreign borrowing. GDP plunged by 7% in 1998, and
then recovered by 9% in 1999-2000. South Korea adopted numerous economic
reforms following the crisis, including greater openness to foreign investment
and imports. Growth moderated to about 4% annually between 2003 and 2007. South
Korea's export focused economy was hit hard by the 2008 global economic
downturn, but quickly rebounded in subsequent years, reaching over 6% growth in
2010. The US-Korea Free Trade Agreement was ratified by both governments in
2011 and went into effect in March 2012. Between 2012 and 2014, the economy
experienced slow growth due to sluggish domestic consumption and investment.
The administration in 2015 is likely to face the challenge of balancing heavy
reliance on exports with developing domestic-oriented sectors, such as
services. The South Korean economy's long-term challenges include a rapidly
aging population, inflexible labor market, dominance of large conglomerates (chaebols), and the heavy reliance on exports, which
comprise about half of GDP. In an effort to address the long term challenges
and sustain economic growth, the current government has prioritized structural
reforms, deregulation, promotion of entrepreneurship and creative industries,
and the competitiveness of small and medium enterprises.
|
Source
: CIA |
|
Company
Name |
LG INTERNATIONAL CORPORATION |
|
Registered Address |
128, Yeoui-daero,
Yeongdeungpo-gu, Seoul, Korea |
|
Building |
12th Fl., LG Twin Tower East Annex |
|
Zip Code |
07336 |
|
Tel |
+82-2-3773-5114 |
|
Fax |
+82-2-3773-5273 |
|
E-mail |
webmaster@www.lgicorp.com |
|
Website |
www.lgicorp.com |
|
Trading Address |
12th Fl., LG Twin Tower East Annex, 128, Yeoui-daero, Yeongdeungpo-gu,
Seoul, Korea (Old Address System : 12th Fl., LG Twin Tower
East Annex, 20, Yeouido-dong, Yeongdeungpo-gu,
Seoul, Korea) (P.O.BOX 669) |
|
Tel |
+82-2-3773-5034 |
|
Fax |
+82-2-3773-5034 |
|
Other Address-Gumi Branch |
321-14, Gongdan-dong,
Gumi-si, Gyeongsangbuk-do,
Korea |
|
Tel |
+82-54-464-8833 |
|
Fax |
|
|
Other Address-Bucheon Warehouse |
187-7 Dodang-dong
Wonmi-gu, Bucheon-si, Gyeonggi-do 420-130 Korea |
|
Tel |
|
|
Fax |
|
|
Other Address-East Hall of
Fashion Department |
637-1, Sinsa-dong,
Gangnam-gu, Seoul 135-120 Korea |
|
Tel |
+82-2-3441-8114 |
|
Fax |
+82-2-515-1381 |
|
Other Address-West Hall of
Fashion Department |
617-3, Sinsa-dong,
Gangnam-gu, Seoul 135-120 Korea |
|
Tel |
|
|
Fax |
|
|
Other Address-Chungmuro Plaza |
63-1, Chungmuro
2-ga, Jung-gu, Seoul 100-012 Korea |
|
Tel |
+82-2-755-9216 |
|
Fax |
|
|
Other Address-Anyang Logistics Center |
934, Gwanyang-dong,
Dongan-gu, Anyang-si, Gyeonggi-do 431-060 Korea |
|
Tel |
+82-31-422-2386 |
|
Fax |
|
|
Other Address-Incheon Plaza |
40, 41-3, Sinpo-dong,
Jung-gu, Incheon 400-080
Korea |
|
Tel |
+82-62-225-0963 |
|
Fax |
|
|
Other Address-Gwangju Chungjangro Plaza |
2-3,6-1, Chungjangro
2-ga ,Jung-gu, Gwangju
501-012 Korea |
|
Tel |
|
|
Fax |
|
|
Type |
Export/Import |
|
Industry |
Wholesale of Non-Specialized Goods |
|
Main Business |
Petrochemicals, Metal & Coal, Energy Product, Computer Peripherals |
|
Sub
Business |
International Trade |
|
Established (mm/dd/yyyy) |
12/01/1953 |
The Subject owns
the premises of registered HQ address.
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Mens coats or jackets(53101802) |
|
Sell |
Womens slacks or trousers or shorts(53101504) |
|
Sell |
Motherboards(43201513) |
|
Sell |
Cameras(45121500) |
|
Sell |
Removable storage media(43202000) |
|
Sell |
Switches and controls and relays and
accessories(39121500) |
|
Sell |
Graphics or video accelerator
cards(43201401) |
|
Sell |
Keyboards(43211706) |
|
Sell |
Network service equipment(43222600) |
|
Sell |
Internet services(81112100) |
|
Sell |
Prepared and preserved foods(50190000) |
|
Sell |
Investment policy(84121702) |
|
Sell |
Structural materials and basic
shapes(30100000) |
|
Sell |
Market research(80141500) |
|
Sell |
Business and corporate management
consultation services(80101500) |
|
Sell |
Investment advice(84121700) |
|
Sell |
Chemicals including Bio Chemicals and Gas
Materials(12000000) |
|
Sell |
Clothing(53100000) |
|
Sell |
Workshop and industrial
machinery installation |
|
Sell |
Fuels and Fuel Additives
and Lubricants and Anti corrosive Materials |
|
Name |
Song Chi-Ho |
|
Address |
|
|
Date of Birth |
02/1959 |
|
Title |
Vice President & CEO |
|
Sex |
Male |
|
Nationality |
Korean |
|
Capital (KRW) |
193,800,000,000 |
||||||||||||||||||||||||||||||
|
Employees |
545 |
||||||||||||||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange:
01120) as of 01/1976 A Company of LG GROUP |
||||||||||||||||||||||||||||||
|
Bank Details |
Woori Bank-Yoido Plaza Branch KEB Hana Bank |
||||||||||||||||||||||||||||||
|
Corporate Registered No. |
110111-0004632 |
||||||||||||||||||||||||||||||
|
Business Registered No. |
116-81-18686 |
||||||||||||||||||||||||||||||
|
Permit & Licenses |
Int’l Trade No.: 673372 |
||||||||||||||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||||||||||||||
|
Company History |
12/2007 Contracting
the partnership with Osim International Ltd., a
global brand in healthy lifestyle products 11/2007 LGI
Supports China’s South Pole Exploration with Russian Kamov
KA-32 helicopters 11/2007 Established
overseas branches (Ulaanbaatar, Mongolia) 10/2007 Signing
an MOU on the Republic of Sakha(Yakutia)
comprehensive development project 10/2007 LGI-POSCO,
opens processing center in Poland 10/2007 Established
overseas branches (Ashgabat,Turkmenistan) 09/2007 Begining advertising PixDix on
cable TV 03/2007 Executive
Vice Chairman Koo Bon Joon
was inaugurated as CEO 03/2007 Established
overseas branches (Algiers, Algeria) 02/2007 Advancing
into the Security Gate market at full scale 12/2006 LGI
and POSCO dedicated a joint venture coil center in India 11/2006 The
fashion sector was spun off Opened the comprehensive digital device store Pixdix 02/2006 Took
a USD 1.2 billion order for an aromatics plant in Oman 12/2005 Completed
the construction of Cheongju Aircraft Maintenance
Shop. 12/2005 Opened
Daehakno Outlet for Canon Plaza. 10/2005 Signed
an MOU for the USD 350 million oil refining plants in Yemen. 08/2005 Signed
a 22.5%-stake take-over agreement with Kazakhstan’s ADA mines, thereby
securing operation rights or the exploration project. 06/2005 Built
the Incheon IVECO After-sale Service Center and
unveiled a new car model. 06/2005 Signed
an agreement with Jeju Air to supply commercial
aircraft. 12/2004 「MAESTRO」was selected as
the‘2004 Hit Product’by JooAng
Ilbo. 11/2004 Established
overseas branches (Astana, Kazakhstan) 10/2004 Ranked
the first in Man’s Dress Area in the ‘2004 Korea Customer Satisfaction Index
(KCSI)’survey by KMAC 09/2004 Opened
Canon Plaza #5 Gangnam Shop 09/2004 Ranked
the first in Man’s Dress Area in the‘2004 National Customer Satisfaction
Index (NCSI)’ survey by KPC 06/2004 Provided
Seoul city with 20 LNG articulated buses made by IVECO 05/2004 Received
an order of polypropylene plant construction from Oman (USD 180 million) 04/2004 Agreement
on exclusive supply of Hong Kong GP battery 03/2004 Received
an order of refinery plant construction from Rumania (USD 50 million) 01/2004 Started
domestic sales of large commercial vehicles from IVECO, Italy 01/2004 Acquired
the re-certification of 「Excellent Korean A/S Company」selected by Korean Agency of Technology
and Standards of MOCIE |
||||||||||||||||||||||||||||||
|
Company History |
11/2003 Awarded
the 15 Billion-Dollar Export Tower 06/2003 Advanced
into Game industry by making a contract to supply PS2 for shop 05/2003 Selected
as "model business operator" for the Electronic Toll Collection
System (ETCS) in Thail 03/2003 Supplied
GNPOC Oil Pipe Project equivalent to $10,000,000 with high quality steel
pipes 01/2003 Started
investment in Lapulapu gold copper ore in
Philippines 12/2002 Made
a contract with the Vietnam Oil Corporation for gas supply from 2006 to 2028 10/2002 Supplied
US$53 million in CDMA equipment to Nepal 09/2002 Won
US$1.6 billion gas plant construction project in Iran 05/2002 Won
US$280 million oil plant construction contract in Libya 05/2002 Signed
exclusive sales agreement for digital film and peripherals with Lexar Media of the U.S. 03/2002 Supplied
US$8 million worth of elevators to Russia 03/2002 Supplied
US$30 million in building facilities to Mongolia 03/2002 Supplied
US$5 million worth of catapults to Iran 02/2002 Won
US$180 Million Polypropylene Plant Order in Oman 02/2002 Signed
US$24 million cable supply contract in Sudan 02/2002 Obtained
exclusive sales rights for compact civilian aircraft and amphibian planes
from the Cze 01/2002 Won
US$96 Million Contract for the Construction of a Refinery Project in the
Turkey 01/2002 LG
Mart(Supercenter) Division Spin-off 11/2001 Built
Leading-edge Logistics System 05/2001 Won
US$92 Million Contract for the Construction of a Paper Plant in the UAE 03/2001 Won
US$55 million contract for a petrochemical plant in Iran . 12/2000 Obtained
10 billion won in treasury stock. 08/2000 Established‘TradeCard KOREA’established
Global Trading Web JOREA Opened the sixth LG Mart in 07/2000 Opened
the fifth LG Mart in Songpa |
||||||||||||||||||||||||||||||
|
Company History |
07/1999 Registered
exports of 10 billion U.S. dollars 01/1999 Trading
CU and fashion CU consolidated. Won Taiwan oil refinery plan construction
project worth 07/1998 Won
the Qatar oil refinery plant construction project worth 160 million U.S.
dollars. 01/1998 Opened
the third LG Mart in Kumgeong 11/1997 Soo-Ho Lee awareded the Order
of Industrial Service Merit Gold Tower 01/1997 Soo-Ho Lee, the eleventh CEO, assumed office 12/1996 Acquired
LG Mart (supercenter) Division from LG Mart Co.
Ltd. 12/1995 Construction
of petrochemical tank terminal in Gamcheon, Pusan completed (a first by a Korean g 02/1995 Company
name changed to LG International Corp. from Lucky-Goldstar
International Corp. 01/1994 Trading
CU and fashion CU divided 07/1992 Merged
with Bando Sports, Ltd. (total combined capital stock of 78.17 billion won) 11/1991 Awarded
3 Billion-Dollar Export Tower and the Order of Industrial Service Merit,
Silver Tower 10/1986 Construction
of Bando Fashion building completed (Doksan-Dong) 05/1985 Construction
of Yangsan plant completed 01/1984 Company
name changed to Lucky-Goldstar International Corp.
from Bando Corporation 12/1981 Awarded
500 Million-Dollar Export Tower 12/1977 Awarded
the 200 Million-Dollar Export Tower 11/1976 Designated
as a general trading company. 11/1976 Awarded
the 100 Million-Dollar Export Tower and the Order of Industrial Service
Merit, Gold Tow 01/1976 Company
goes public 12/1969 Awarded
the Order of Industrial Service Merit, Bronze Tower 10/1969 Marked
5 million U.S. dollars in exports 06/1968 Constructed
Pusan plant (Fashion CU) 11/1966 Recorded
exports of 1 million U.S. dollars. Awarded Prime Ministers Commendation of
Exporters 04/1956 Company
name changed to Bando Corporation 11/1953 Lucky
Industry established as an import and export specialty company in the Lucky
Group In-Hwoi |
|
Job Description |
Title |
Name |
Nationality |
Date of Birth |
Education |
|
Vice President & CEO |
Mr. |
Song Chi-Ho |
Korean |
1959.02. |
Korea University, Korea |
|
Sr. Executive Director & CFO |
Mr. |
Hur Sung |
Korean |
1959.09.26 |
Korea University, Korea |
|
President |
Mr. |
Ha Hyun-Hoi |
Korean |
1956.12. |
Busan national University, Korea |
|
Outside Director/Auditor |
Mr. |
Jung Woon-Ho |
Korean |
1954.02. |
Cornell University, USA |
|
Outside Director/Auditor |
Mr. |
Han Min |
Korean |
1947.12.06 |
University of Oregon |
|
Outside Director/Auditor |
Mr. |
Kim Dong-Wook |
Korean |
1952.07. |
Yonsei University, Korea |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
1,807,439,921,756 |
3,206,292,208,495 |
54,803,647,146 |
|
|
(*)2014 |
3,776,501,601,379 |
2,933,571,676,407 |
-29,784,725,219 |
|
(*)2013 |
5,555,792,617,809 |
3,093,789,105,868 |
31,700,488,624 |
|
(*)2012 |
5,945,490,193,575 |
3,188,100,089,111 |
337,481,371,169 |
|
(*)2011 |
7,378,209,898,749 |
3,466,189,082,674 |
261,576,900,333 |
|
(*)2010 |
6,069,894,806,482 |
2,727,970,782,788 |
132,896,703,106 |
|
2009 |
4,316,075,535,593 |
1,835,230,495,695 |
104,294,128,543 |
|
2008 |
5,932,841,765,990 |
1,849,720,279,684 |
51,069,619,193 |
|
2007 |
5,378,569,727,252 |
1,282,445,508,904 |
50,070,210,341 |
|
2006 |
5,577,582,536,497 |
1,127,463,128,115 |
96,591,905,477 |
|
2005 |
6,397,957,334,831 |
1,481,268,291,019 |
121,671,521,441 |
|
2004 |
6,511,984,677,802 |
1,287,237,813,667 |
80,703,317,800 |
|
2003 |
5,390,838,359,629 |
1,457,116,992,855 |
109,131,991,152 |
(*)Figures are based
on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
400,000,000,000 |
|
Paid-Up Capital(KRW) |
193,800,000,000 |
|
Total Issues Shares |
38,760,000 |
|
Balance Sheet |
|||
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Total
Assets |
3,206,292,208,495 |
2,933,571,676,407 |
3,093,789,105,868 |
|
Current Assets |
1,058,734,573,466 |
1,050,957,218,758 |
1,150,007,815,817 |
|
Cash
& Cash Equivalents |
253,102,735,859 |
368,566,152,864 |
223,224,480,099 |
|
Current
Financial Instruments |
64,859,240,573 |
64,006,292,619 |
182,239,131,462 |
|
Trade
Receivables |
419,615,168,420 |
374,227,293,684 |
588,661,244,339 |
|
Other
Receivables |
28,375,871,952 |
13,879,567,166 |
16,623,609,656 |
|
Unearned
Income |
33,292,111,779 |
32,384,868,678 |
29,980,343,996 |
|
Advance
Payments |
37,241,686,745 |
21,542,251,115 |
17,091,016,777 |
|
Prepaid
Expenses |
9,846,002,772 |
9,127,565,269 |
10,495,105,163 |
|
Derivatives |
3,730,701,268 |
3,577,223,070 |
2,911,708,682 |
|
Other
Current Assets |
3,592,544,574 |
10,414,523,222 |
2,332,721,965 |
|
Inventories |
205,078,509,524 |
151,810,918,571 |
76,448,453,678 |
|
Non-Current
Assets to Be Sold |
|
1,420,562,500 |
|
|
Non-Current
Assets |
2,147,557,635,029 |
1,882,614,457,649 |
1,943,781,290,051 |
|
Investment
Assets |
432,898,323,793 |
457,445,000,402 |
392,807,827,591 |
|
Investment_Related Companies |
1,358,228,638,181 |
1,053,513,725,217 |
1,120,346,833,360 |
|
Tangibles |
34,785,015,167 |
35,881,734,600 |
40,574,664,839 |
|
Investment_Real Estates |
23,113,226,858 |
23,401,916,118 |
24,058,834,765 |
|
Intangibles |
147,481,335,134 |
164,720,787,024 |
255,360,415,157 |
|
Deferred
Income Tax Assets |
147,508,409,072 |
143,997,315,254 |
106,898,033,593 |
|
Other
Non-Current Assets |
3,542,686,824 |
3,653,979,034 |
3,734,680,746 |
|
Total
Liabilities |
1,745,085,404,436 |
1,515,950,019,760 |
1,621,981,605,632 |
|
Current
Liabilities |
810,539,964,691 |
755,963,598,376 |
811,677,857,582 |
|
Short-Term
Borrowings |
45,763,473,919 |
19,205,607,949 |
142,451,030,617 |
|
Trade
Payables |
468,566,316,478 |
408,858,311,682 |
439,203,058,929 |
|
Account
Payables |
54,259,386,286 |
54,756,657,582 |
54,630,657,825 |
|
Advance
Receipts |
7,537,873,028 |
12,080,770,193 |
6,511,099,819 |
|
Withholdings |
1,002,530,955 |
1,069,572,745 |
979,393,765 |
|
Deferred
Income Tax Credit |
1,704,826,867 |
5,451,864,770 |
|
|
Accrued
Expenses |
11,441,470,214 |
11,079,761,976 |
13,188,270,789 |
|
Current
Portion of Long-Term Debts |
214,531,537,210 |
232,459,926,341 |
146,987,849,800 |
|
Derivatives |
1,853,329,350 |
1,193,793,690 |
3,991,305,905 |
|
Guarantee
Deposit Withhold |
3,879,220,384 |
9,807,331,448 |
3,735,190,133 |
|
Non-Current
Liabilities |
934,545,439,745 |
759,986,421,384 |
810,303,748,050 |
|
Debentures |
309,002,548,201 |
39,875,466,702 |
129,606,539,164 |
|
Long-Term
Borrowings |
606,808,626,059 |
703,383,668,206 |
664,052,150,638 |
|
Provision
for Severance & Retirement |
13,079,073,572 |
11,072,094,563 |
10,033,976,335 |
|
Guarantee Deposit Withhold |
5,655,191,913 |
5,655,191,913 |
6,611,081,913 |
|
Capital
Stock |
193,800,000,000 |
193,800,000,000 |
193,800,000,000 |
|
Capital
Surplus |
102,124,527,140 |
102,124,527,140 |
102,124,527,140 |
|
Others |
-968,417,769 |
-968,417,769 |
-968,417,769 |
|
Installments |
34,856,967,756 |
35,082,408,963 |
48,900,919,619 |
|
Profit
Surplus |
1,131,393,726,932 |
1,087,583,138,313 |
1,127,950,471,246 |
|
Total
Equity |
1,461,206,804,059 |
1,417,621,656,647 |
1,471,807,500,236 |
|
Liab.
& Shareholder’s Equity |
3,206,292,208,495 |
2,933,571,676,407 |
3,093,789,105,868 |
|
Income Statement |
|||
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Sales |
1,807,439,921,756 |
3,776,501,601,379 |
5,555,792,617,809 |
|
Cost of Sold Goods |
1,700,408,103,286 |
3,474,848,166,555 |
5,198,449,865,906 |
|
Gross Profit |
107,031,818,470 |
301,653,434,824 |
357,342,751,903 |
|
Selling & Admin. Expenses |
89,803,914,949 |
205,636,330,188 |
273,847,185,234 |
|
Operating Income |
17,227,903,521 |
96,017,104,636 |
83,495,566,669 |
|
Non-Operating Income |
46,174,292,066 |
-113,428,800,285 |
-39,404,907,135 |
|
Finance Income |
133,939,673,149 |
240,276,453,612 |
245,115,363,477 |
|
Finance Expenses |
-91,093,996,456 |
-198,335,883,516 |
-225,099,738,682 |
|
Other Non-Operating Income |
3,328,615,373 |
-155,369,370,381 |
-59,420,531,930 |
|
Income Before Taxes |
63,402,195,587 |
-17,411,695,649 |
44,090,659,534 |
|
Income Taxes Expenses |
8,598,548,441 |
12,373,029,570 |
12,390,170,910 |
|
Net Income |
54,803,647,146 |
-29,784,725,219 |
31,700,488,624 |
|
Cash Flows |
|||
|
Unit : Korean Won |
01/01/2015~06/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Operating
Activities Cash Flows |
8,736,091,526 |
269,243,164,615 |
-3,231,226,813 |
|
Net Income |
54,803,647,146 |
-29,784,725,219 |
31,700,488,624 |
|
Adjustment |
-13,247,206,729 |
190,002,478,086 |
151,023,995,354 |
|
Changes in Asset/ & Liability |
-67,581,686,269 |
83,882,377,586 |
-76,188,809,947 |
|
Interests Received |
9,337,086,665 |
24,306,790,201 |
22,378,441,112 |
|
Interests Paid |
-14,761,429,217 |
-33,619,872,889 |
-28,504,936,452 |
|
Dividends Received |
56,179,056,239 |
69,348,777,458 |
33,582,160,643 |
|
Income Taxes |
-15,993,376,309 |
-34,892,660,608 |
-137,222,566,147 |
|
Cash Flows from Investing |
-277,992,617,138 |
-1,660,295,269 |
-166,576,459,647 |
|
Cash Flows from Financing |
153,786,418,429 |
-122,253,227,729 |
36,101,358,676 |
|
Increase/Decrease in Cash |
-115,470,107,183 |
145,329,641,617 |
-133,706,327,784 |
|
Cash at the Beginning of Year |
368,566,152,864 |
223,224,480,099 |
356,935,104,985 |
|
Cash at the End of Year |
253,102,735,859 |
368,566,152,864 |
223,224,480,099 |
|
Main Products & Services |
Petrochemical, Metal & Coal, Energy,
Food, Plant, Machinery & Aviation, IT, Fashion Brand Name: PixDix |
|
Detailed Products Spec. |
Petrochemical: Plastics, Chemical Products,
Petrochemicals, Others Metal & Coal: Steel, Non-Ferrous
Metals, Coal Energy: LNG, LPG, Condensate, Petroleum,
Crude Oil, Bunkering Food: Foodstuffs, General Merchandise,
Edible Agricultural foodstuffs Plant: Plant, Heavy Electric Equipment Machinery & Aviation: Chemical Plants
Equipments, Semiconductor Manufacturing, Others IT: Consumer Electronics, Computer &
OA, Telecommunication, Electronic Components, System Integration, LCD
Manufacturing, Network Product, Mobile Phone Components, Optical Product Fashion: Men’s Wear, Women’s Wear, Casual
& Sports Wear, Accessory |
|
Technologies Acquired |
|
|
Suppliers |
|
|
Customers |
|
|
Competitors |
SK NETWORKS CO.,
LTD. 4, PYEONG-DONG, GWONSEON-GU, SUWON-SI, GYEONGGI-DO
441-230 KOREA TEL:+82-2-2221-2016 FAX:+82-2-2221-0080 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS HYUNDAI
CORPORATION HUNGKUK LIFE INSURANCE BD 226, SINMUNNO
1-GA, JONGNO-GU, SEOUL 110-786 KOREA TEL:+82-2-390-1114 FAX:+82-2-390-1101 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS DAEWOO
INTERNATIONAL CORPORATION DAEWOO CENTER BLDG., 541, NAMDAEMUNNO 5-GA,
JUNG-GU, SEOUL 100-714 KOREA TEL:+82-2-759-2114 FAX:+82-2-753-9489 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS HYOSUNG
CORPORATION HYOSUNG BLDG., 450, GONGDEOK 2-DONG,
MAPO-GU, SEOUL 121-720 KOREA TEL:+82-2-707-7000 FAX:+82-2-707-0130 INDUSTRY: MAN-MADE FIBERS SPINNING SAMSUNG C&T
CORPORATION 310, TAEPYEONGNO 2-GA, JUNG-GU, SEOUL
100-865 KOREA TEL:+82-2-2145-2114 FAX:+82-2-2145-3114 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS SSANGYONG
CORPORATION SSANGYONG BLDG., 24-1, JEODONG 2-GA,
JUNG-GU, SEOUL 100-748 KOREA TEL:+82-2-2270-8114 FAX:+82-2-2270-8334 INDUSTRY: WHOLESALE OF NON-SPECIALIZED
GOODS |
|
Affiliates-Domestic |
LG CORP.(110111-0003543) LG ELECTRONICS INC.(110111-2487050) LG DACOM CORPORATION(110111-0315948) LG CHEM LTD.(110111-2207995) LG HOUSEHOLD & HEALTH CARE
LTD.(110111-2208000) LG LIFE SCIENCES CO., LTD.(110111-2581183) LG DISPLAY CO., LTD.(110111-0393134) LG TELECOM CO., LTD.(110111-1296676) LG INNOTEK CO., LTD.(110111-0192180) LG MICRON LTD.(175311-0001075) LG DOW POLYCARBONATE CO.,
LTD.(206211-0014519) LG CNS CO., LTD.(110111-0516695) LG SPORTS CO., LTD.(110111-0359300) LG MANAGEMENT DEVELOPMENT INSTITUTE CO.,
LTD.(110111-0423494) SILTRON INCORPORATED(175311-0001348) LG MMA CORPORATION(206211-0001805) DACOM MULTIMEDIA INTERNET
CORPORATION(110111-1905441) DACOM CROSSING CORPORATION(110111-2234683) SERVEONE(110111-2411520) LG N SYS CO., LTD.(110111-2397027) HIPLAZA CO., LTD.(131111-0028801) LG POWERCOM CORPORATION(110111-1863889) HI BUSINESS LOGISTICS CO.,LTD. V-ENS CO., LTD.(120111-0334897) LUSEM CO., LTD.(176011-0038073) CS LEADER CO., LTD.(110111-2271924) AIN TELE SERVICE CO., LTD.(180111-0367581) BIZ TECH & EKTIMO CO.,
LTD.(110111-2689507) LG SOLAR ENERGY INC.(110111-3759408) COCA-COLA BEVERAGE CO.,
LTD.(110111-1342130) UCESS PARTNERS CO., LTD.(110111-3798026) SYSTEM AIR-CON ENGINEERING
INCORPORATION(110111-3371989) JIHEUNG CO., LTD.(180111-0630053) CS ONE PARTNER CORPORATION(110111-3961756) SEETECH CO., LTD. TWIN WINE CO., LTD.(110111-3791129) KOREA COMMERCIAL VEHICLE CO.,
LTD.(200111-0105200) GIOVINE CO., LTD.(110111-3942714) PIXDIX CO., LTD.(110111-3947657) |
|
Affiliates-Overseas |
PHILCO RESOURCES LTD. LG PROPERTIES (S'PORE) PTE.,LTD PT. TUTUI BATUBARA UTAMA LG INT'L(SAUDI) LLC LG INT'L(AMERICA),INC. LG INT'L(JAPAN) LG INT'L(HK) LIMITED LG INT'L(S'PORE) PTE.,LTD LG INT'L(DEUTSCHLAND) GMBH LG INT'L(UK) LIMITED LG INT'L(AUSTRALIA) PTY LIMITED LG INT'L(CHINA) LIMITED LG (TIMOR SEA 06-102) LTD. BATUBARA GLOBAL ENERGY LG INTERNATIONAL INVESTMENTS (CANADA) LTD MONGOLIA RESOURCES INVESTMENT LIMITED
(ADAMAS) RESOURCE INVESTMENT(H.K.) LIMITED(WANTUGOU) KOREA RAS LAFFAN LNG LIMITED (5.60% held by the subject company) ELECTROMEGATICS GOLDSTAR LTD. (10.00% held by the subject company) KC KAZAKH B.V.(ZHAMBYL) (10.00% held by the subject company) KO-UZ GAS CHEMICAL INVESTMENT LTD. (10.00% held by the subject company) VIETNAM KOREA EXCHANGE LTD. (10.00% held by the subject company) GUANG DONG GOLDSTAR (10.00% held by the subject company) SK EUROCHEM SP.ZO.O (10.00% held by the subject company) TENJIN LG BOHAI CO., LTD. (10.00% held by the subject company) YEOMSONG HYUNDAI HYSCO (10.00% held by the subject company) AROMATICS OMAN LLC (10.00% held by the subject company) TIANJIN LG DAGU CHEM CO.LTD. (10.00% held by the subject company) LG VINA CHEMICAL JOINT VENTURE (10.00% held by the subject company) LS-VINA INDUSTRIAL SYSTEMS (10.00% held by the subject company) |
|
Affiliates-Overseas |
TROPICAL BINTAN PROPERTIES (12.50% held by the subject company) GOLDSTAR TELECOM CORP. (13.30% held by the subject company) SHINIL_TODIMAX INTERNATIONAL J.V COMPANY
LIMITED (19.00% held by the subject company) OMAN POLYPROPYLENE L.L.C (20.00% held by the subject company) KANGHWA KIJEON CO., LTD. (21.20% held by the subject company) LG HOLDINGS LIMITED (25.00% held by the subject company) KERNHEM B.V. (30.00% held by the subject company) DZP B.V. (30.00% held by the subject company) GS-HP SUNFLOWER INT'L VILLAGE (30.00% held by the subject company) POS-PPC (30.00% held by the subject company) FOSCO B.V. (33.30% held by the subject company) LIWA PETROCHEMICAL CO. LLC (33.33% held by the subject company) MUMBAI COIL CENTER (35.00% held by the subject company) SAKHA-KOREAN J.V "EREL LTD" (35.20% held by the subject company) PT. GOLDEN HYUNDAI MACHINERY (48.60% held by the subject company) |
|
Overseas Office |
PARIS OFFICE 24, AVENUE DE LA
GRANDE ARMEE, 75854 PARIS CEDEX 17, FRANCE TEL:+33-1-47-66-88-88
FAX:+33-1-47-66-13-80 BARCELONA OFFICE JOAQUIM MOLINS,
5, 5TH FLOOR 08028 BARCELONA SPAIN TEL:+34-93-410-9936
FAX:+34-93-410-6775 AMSTERDAM OFFICE
– LG INTERNATIONAL (UK) LTD. AMSTERDAM BRANCH CAPRONILAAN 6,
1119 NR SCHIPHOL RIJK, THE NETHERLANDS TEL:+31-20-316-2420
FAX:+31-20-653-7015 WARSAW OFFICE 11. AL.JANA PAWLA
Ⅱ,ⅩⅠFLOOR, 00-828, WARSAW, POLAND TEL:+48-22-624-9381
FAX:+48-22-652-9068 MOSCOW OFFICE RM 609,
SOVINCENTER, KRASNOPRESNENSKAYA NAB.12, MOSCOW, 123610, RUSSIA TEL:+7-095-258-1444
FAX:+7-095-258-1867 KUMERTAU OFFICE KB.15, D.6-A,
JERZINCKAYA, KUMERTAU, REPUBLIC BASHKORTOSTAN, 453350, RUSSIAN FEDERATION TEL:+7-34761-4-8330
FAX:+7-34761-4-8334 KHABAROVSK OFFICE 9, KOMSOMOLSKAYA
STR. OFFICE 308, HOTEL "SAPPORO" KHABAROVSK, 680000, RUSSIA TEL:+7-4212-311332
FAX:+7-4212-315493 KAZAKHSTAN OFFICE 240, DOSTYK AVE,
BUSINESS CENTER "DOSTAR", OFFICE 501 TEL:+7-3272-581475
/ 581730 FAX:+7-3272-585709 KIEV OFFICE APT.11, BSSEYNAYA
STREET 3, KIEV, 252004, UKRAINE TEL:+38-044-227-4231
FAX:+38-044-246-6216 DUBAI OFFICE P.O. BOX 7276,
DUBAI U.A.E TEL:+971-4-223-6703
FAX:+971-4-228-1805 RIYADH OFFICE P. O. BOX 7231,
RIYADH-11462, SAUDI ARABIA FAX:+966-1-291-9725 AMMAN OFFICE P. O. BOX 950569,
AMMAN 11195, JORDAN TEL:+962-6-566-7899
FAX:+962-6-560-1872 |
|
Overseas Office |
TEHRAN OFFICE 63, 6TH FLOOR,
ZAFAR STREET, SHARIATI AVE., TEHRAN, IRAN TEL:+98-21-227-7063~6
FAX:+98-21-227-7067 BUENOS AIRES
OFFICE CARLOS DELLEGRINI
125, 4TH FLOOR ‘B”(C1009ABU) BUENO AIRES, ARGENTINA TEL:+54-11-4328-9688
FAX:+54-11-4328-9686 SAO PAULO OFFICE MARKET PLACE TOWER
II AV. DR. CHURI ZAIDAN, 80, 3O ANDAR, VILA CORDEIRO, SAO PAULO, CEP
04583-110, SP, BRASIL TEL:+55-11-2162-5601~2
FAX:+55-11-2162-5612 SANTIAGO OFFICE NUEVA TAJAMAR
481, OFICINA 2004, TORRE SUR(EDIFICIO WORLD TRADE CENTER), LAS CONDES,
SANTIAGO, CHILE TEL:+56-2-203-6895
FAX:+56-2-203-6894 BEIJING OFFICE B1509, EAGLE RUN
PLAZA, NO.26, XIAOYUN ROAD, CHAOYANG DISTRICT, BEIJING, CHINA 100016 TEL:+86-10-8458-0833
FAX:+86-10-8458-0831/2 CHENGDU OFFICE ROOM 1012, KAILE
PLAZA, NO. 306 SHUNCHENG STR., CHENGDU CITY, CHINA 610017 TEL:+86-28-8652-8130
FAX:+86-28-8652-8131 QINGDAO OFFICE ROOM 2002,
MERCHANTS BANK TOWER, 36 HONGKONG ROAD, QINGDAO, CHINA 266071 TEL:+86-532-8386-9855
FAX:+86-532-8387-4849 TIANJIN OFFICE NO.1233,SHUNHUA
ROAD, TANGGU DISTRICT, TIANJIN, CHINA 300455 TEL:+86-22-2538-6666
(EXT.212) FAX:+86-22-2538-8313 DALIAN OFFICE RM.4703B, WORLD
TRADE CENTER, NO.25, TONGXING STREET, DALIAN, CHINA TEL:+86-411-8253-0880
FAX:+86-411-8253-0890 SHENYANG OFFICE RM. 701, TIMES PLAZA
SHENYANG, NO. 99 BEIZHAN ROAD, SHENHE DISTRICT, SHENYANG, P.R.CHINA 110013 TEL:+86-24-2252-6226,
/ 2252-9673 FAX:+86-24-2252-6232 |
|
Overseas Office |
SHANGHAI OFFICE RM.2610 MAXDO
CENTRE, NO.8 XING YI ROAD, SHANGHAI, CHINA TEL:+86-21-5208-1118
FAX:+86-21-5208-2967 WUHAN OFFICE ROOM 410, 4TH
FLOOR, TRUROLL PLAZA, WU SHENG ROAD, WUHAN, CHINA TEL:+86-27-8571-2627
FAX:+86-27-8571-2798 NANJING OFFICE ROOM B4, 17RD
FLOORS, SHANGMAO CENTURY PLAZA, 49 ZHONGSHAN SOUTH ROAD, NANJING, CHINA TEL:+86-25-8689-0038/39
FAX:+86-25-8689-0037 GUANGZHOU OFFICE ROOM 1608-1610,
GOLDLION DIGITAL NETWORK CENTER, 138 TIYU ROAD EAST, GUANGZHOU, P.R.CHINA
510620 TEL:+86-20-3878-0788
FAX:+86-20-3878-0242/3 SHENZHEN OFFICE ROOM E3,19/F
TIMES FINANCIAL CENTER 4001 SHENNAN ROAD, SHENZHEN, PRC TEL:+86-755-3335-6788
FAX:+86-755-3335-6786 NEW DELHI OFFICE A-9A 1ST FLOOR,
GREEN PARK MAIL, NEW DELHI-110-016 INDIA TEL:+91-11-2653-1720~4
FAX:+91-11-2653-3419 MUMBAI OFFICE 202, SANT NIWAS,
ABOVE RAJ KUMAR JEWLLERS, 14TH LINK ROAD, KHAR(WEST), MUMBAI- 400 052, INDIA TEL:+91-22-2605-3217/3280/3263
FAX:+91-22-2605-3292 |
|
Overseas Office |
KUALA LUMPUR OFFICE SUITE 39.04, MENARA CITIBANK, NO.165, JALAN
AMPANG, 50450 KUALA LUMPUR, MALAYSIA TEL:+60-3-2163-0288 FAX:+60-3-2162-8960 TAIPEI OFFICE - LG INTERNATIONAL (HK)
LIMITED TAIPEI BRANCH SUITE 1802, 18F, NO.333, KEELUNG RD., SEC.
1, TAIPEI R.O.C. TEL:+886-2-2758-7227 FAX:+886-2-2757-6994~5 MANILA OFFICE 2904C,WEST TOWER, PHILIPPINE STOCK EXCHANGE
CENTER, EXCHANGE ROAD, PASIG CITY, METRO MANILA, PHILIPPINES TEL:+63-2-637-1981,631-2208
FAX:+63-2-637-1983 JAKARTA OFFICE JAKARTA STOCK EXCHANGE BUILDING TOWER Ⅰ, 15TH FLOOR #1502 JL. JEND SUDIRMAN , KAV. 52-53 JAKARTA 12190,
INDONESIA TEL:+62-21-515-1705 FAX:+62-21-515-1710 HOCHIMINH OFFICE 8TH FLOOR, YOCO BUILDING, 41 NGUYEN THI
MINH KHAI STR, 1 DIST, HOCHIMINH CITY, VIETNAM TEL:+84-8-829-3279 FAX:+84-8-829-1639 BANGKOK OFFICE 19TH FLOOR, SERMMIT TOWER, 159 ASOKE,
SUKHUMVIT 21 ROAD, BANGKOK, 10110 THAILAND TEL:+66-2-260-6610~15 FAX:+66-2-260-6619~20 |
|
Liaison Office |
|
|
Overseas Branch |
|
|
Joint Venture |
|
|
Subsidiary |
TWIN WINE CO., LTD.(110111-3791129) (100.00% held by the subject company) KOREA COMMERCIAL VEHICLE CO., LTD.(200111-0105200) (100.00% held by the subject company) GIOVINE CO., LTD.(110111-3942714) (100.00% held by the subject company) PIXDIX CO., LTD.(110111-3947657) (100.00% held by the subject company) PHILCO RESOURCES LTD. (60.00% held by the subject company) LG PROPERTIES (S'PORE) PTE.,LTD (70.00% held by the subject company) PT. TUTUI BATUBARA UTAMA (75.00% held by the subject company) LG INT'L(SAUDI) LLC (90.00% held by the subject company) |
|
Subsidiary |
LG INT'L(AMERICA),INC. (100.00% held by the subject company) LG INT'L(JAPAN) (100.00% held by the subject company) LG INT'L(HK) LIMITED (100.00% held by the subject company) LG INT'L(S'PORE) PTE.,LTD (100.00% held by the subject company) LG INT'L(DEUTSCHLAND) GMBH (100.00% held by the subject company) LG INT'L(UK) LIMITED (100.00% held by the subject company) LG INT'L(AUSTRALIA) PTY LIMITED (100.00% held by the subject company) LG INT'L(CHINA) LIMITED (100.00% held by the subject company) LG (TIMOR SEA 06-102) LTD. (100.00% held by the subject company) BATUBARA GLOBAL ENERGY (100.00% held by the subject company) LG INTERNATIONAL INVESTMENTS (CANADA) LTD (100.00% held by the subject company) MONGOLIA RESOURCES INVESTMENT LIMITED
(ADAMAS) (100.00% held by the subject company) RESOURCE INVESTMENT(H.K.) LIMITED(WANTUGOU) (100.00% held by the subject company) TWIN WINE CO.,
LTD.(110111-3791129) GIOVINE CO., LTD.(110111-3942714) YANTAI LG INTERNATIONAL VMI CO., LTD. GUANGZHOU STEEL FLOWER ELECTRIC &
MACHINERY CO., LTD. COLMINERAL S.A. DE C.V |
|
Corporate Ownership |
|
|
Major Shareholders |
|
|
Cooperative Enterprise |
-Brand License with LG CORP.(110111-0003543) |
|
Sales/ Unit :Mil KRW |
2011 |
2010 |
2009 |
|
Export |
12,313,994 |
12,355,531 |
3,607,181 |
|
Domestic |
1,562,441 |
1,810,995 |
708,894 |
|
|
110,399 |
219,610 |
|
|
Total |
13,986,834 |
14,386,136 |
4,316,075 |
The Subject deals
with the companies worldwide.
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/
Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
|
|
|
The Subject Company |
Claim for Compensation from
Damages |
536,000,000 |
Proceeding |
----------
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.97 |
|
|
1 |
Rs.100.55 |
|
Euro |
1 |
Rs.73.99 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIT |
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 SC’s 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.