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)

FY2016 FY2015 FY2014 FY2013 FY2012
Current Assets 343,970 304,547 286,167 264,091 261,377
Fixed Assets 316,561 315,406 270,204 234,439 234,184
Total Assets 660,532 619,954 556,371 498,530 495,561
Current Liabilities 404,446 303,584 318,270 305,664 299,019
Long-Term Liabilities 73,088 173,337 111,898 81,528 95,886
Total Liabilities 477,535 476,922 430,169 387,192 394,905
Paid-in Capital 49,333 49,333 49,333 49,333 49,333
Capital Surplus - - (147) (147) (147)
Retained Earnings 137,830 97,234 77,164 60,378 48,816
Total Stockholders' Equity 182,996 143,031 126,202 111,338 100,655
Total Liabilities and Stockholders' Equity 660,532 619,954 556,371 498,530 495,561

Profit and Loss Statement

(in millions of won)

FY2016 FY2015 FY2014 FY2013 FY2012
Sales 910,979 808,039 715,524 663,544 630,029
Gross Sales Profit 134,345 102,042 93,005 83,723 76,963
Operating Income 62,782 36,317 30,701 27,702 18,597
Ordinary Income 50,186 23,681 19,137 12,533 4,172
Net Income 41,114 21,904 17,951 12,095 2,278
Comprehensive income 39,964 16,829 14,864 10,682 3,831

Cash Flow

(in millions of won)

FY2016 FY2015 FY2014 FY2013 FY2012
Cash flows from operating activities 105,693 54,115 47,720 58,249 78,079
Cash flows from investing activities (60,402) (71,577) (56,102) (39,060) (47,162)
Cash flows from financing activities (46,436) 17,841 9,500 (19,623) (40,082)
Increases (Decreases) in cash (1,145) 379 1,118 (434) (9,166)

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)

FY2016 FY2015 FY2014 FY2013 FY2012
Current Assets 259,322 230,996 205,592 199,622 211,238
Fixed Assets 265,255 275,303 252,216 234,460 225,811
Total Assets 524,578 506,299 457,808 434,083 437,049
Current Liabilities 281,329 190,357 220,981 240,396 243,604
Long-Term Liabilities 72,208 172,734 108,703 77,877 90,403
Total Liabilities 353,537 363,091 329,684 318,273 334,007
Paid-in Capital 49,333 49,333 49,333 49,333 49,333
Capital Surplus - - (147) (147) (147)
Retained Earnings 124,085 97,021 78,106 62,700 51,009
Total Stockholders' Equity 171,040 143,207 128,123 115,810 103,042
Total Liabilities and Stockholders' Equity 524,578 506,299 457,808 434,083 437,049

Profit and Loss Statement

(in millions of won)

FY2016 FY2015 FY2014 FY2013 FY2012
Sales 673,316 617,107 591,196 555,740 528,569
Gross Sales Profit 76,119 66,520 66,978 56,294 52,843
Operating Income 33,528 24,677 22,730 14,933 9,051
Ordinary Income 34,032 23,264 16,395 12,241 5,021
Net Income 27,539 20,709 16,561 12,226 4,240
Comprehensive income 27,832 15,084 12,313 12,767 8,028

Cash Flow

(in millions of won)

FY2016 FY2015 FY2014 FY2013 FY2012
Cash flows from operating activities 86,884 29,861 34,536 59,670 67,589
Cash flows from investing activities (36,978) (44,916) (32,615) (36,401) (33,386)
Cash flows from financing activities (49,845) 14,803 (2,295) (23,259) (35,503)
Increases (Decreases) in cash 60 (251) (374) 9 (1,299)