LS Automotive  Co., Ltd._Financial Data

Consolidated

* In October 2016, the Company changed its corporate name to LS Automotive Co., Ltd. from Daesung Electric Co., Ltd.

Balance Sheet

(in millions of won)

FY2018 FY2017 FY2016 FY2015 FY2014
Current Assets 123,558 651,273 343,970 304,547 286,167
Fixed Assets 2 2,991 316,561 315,406 270,204
Total Assets 123,560 654,264 660,532 619,954 556,371
Current Liabilities 82,862 469,763 404,446 303,584 318,270
Long-Term Liabilities 300 - 73,088 173,337 111,898
Total Liabilities 83,162 469,763 477,535 476,922 430,169
Paid-in Capital 2,091 49,333 49,333 49,333 49,333
Capital Surplus - - - - (147)
Retained Earnings 265,176 136,696 137,830 97,234 77,164
Total Stockholders' Equity 40,398 184,501 182,996 143,031 126,202
Total Liabilities and Stockholders' Equity 123,560 654,264 660,532 619,954 556,371

Profit and Loss Statement

(in millions of won)

FY2018 FY2017 FY2016 FY2015 FY2014
Sales - 877,594 910,979 808,039 715,524
Gross Sales Profit - 136,719 134,345 102,042 93,005
Operating Income - 62,462 62,782 36,317 30,701
Ordinary Income - 11,608 50,186 23,681 19,137
Net Income 226,296 (773) 41,114 21,904 17,951
Comprehensive income 225,718 1,504 39,964 16,829 14,864

Cash Flow

(in millions of won)

FY2018 FY2017 FY2016 FY2015 FY2014
Cash flows from operating activities (3,361) 13,027 105,693 54,115 47,720
Cash flows from investing activities (69,348) (58,717) (60,402) (71,577) (56,102)
Cash flows from financing activities (464,753) 43,914 (46,436) 17,841 9,500
Increases (Decreases) in cash 41,254 (2,236) (1,145) 379 1,118

Non-Consolidated

* In October 2016, the Company changed its corporate name to LS Automotive Co., Ltd. from Daesung Electric Co., Ltd.

Balance Sheet

(in millions of won)

FY2018 FY2017 FY2016 FY2015 FY2014
Current Assets 93,339 516,246 259,322 230,996 205,592
Fixed Assets 15,987 4,838 265,255 275,303 252,216
Total Assets 109,326 521,084 524,578 506,299 457,808
Current Liabilities 77,626 350,458 281,329 190,357 220,981
Long-Term Liabilities 300 - 72,208 172,734 108,703
Total Liabilities 77,926 350,458 353,537 363,091 329,684
Paid-in Capital 2,091 49,333 49,333 49,333 49,333
Capital Surplus - - - - (147)
Retained Earnings 254,071 116,435 124,085 97,021 78,106
Total Stockholders' Equity 31,399 170,626 171,040 143,207 128,123
Total Liabilities and Stockholders' Equity 109,326 521,084 524,578 506,299 457,808

Profit and Loss Statement

(in millions of won)

FY2018 FY2017 FY2016 FY2015 FY2014
Sales - 655,110 673,316 617,107 591,196
Gross Sales Profit - 82,775 76,119 66,520 66,978
Operating Income - 39,975 33,528 24,677 22,730
Ordinary Income - (110) 34,032 23,264 16,395
Net Income 235,635 (7,302) 27,539 20,709 16,561
Comprehensive income 230,778 (414) 27,832 15,084 12,313

Cash Flow

(in millions of won)

FY2018 FY2017 FY2016 FY2015 FY2014
Cash flows from operating activities (302) 1,369 86,884 29,861 34,536
Cash flows from investing activities (65,761) (38,018) (36,978) (44,916) (32,615)
Cash flows from financing activities (464,399) 37,727 (49,845) 14,803 (2,295)
Increases (Decreases) in cash 401 1,078 60 (251) (374)