statement of accounts

Public Announcement for
the Closing Accounts of 2016, Yanolja Co., Ltd.

10th term, as of December 31, 2016

Account Amount (won) Account Amount (won)
Assets Liabilities & Equity
Ⅰ. Current Assets 7,940,141,940 Liabilities
(1) Quick Assets 7,768,078,968 Ⅰ. Current liabilities 14,119,701,999
1. Cash and cash equivalents 4,333,695,306 1. Other payables 4,442,560,778
2. Trade and other receivables 2,766,721,305 2. Short-term borrowings 6,980,000,000
3. Short-term loans 250,000,000 3. Current portion of long-term borrowings 122,533,344
4. Other current assets 417,662,357 4. Advance received 1,192,874,461
(2) Inventories 172,062,972 5. Other current liabilities 1,381,733,416
1. Room Fixtures 172,062,972 Ⅱ. Non-current liabilities 15,774,504,968
Ⅱ. Non-current assets 32,268,719,835 1. Convertible Bond 14,935,553,616
(1) Investment Assets 13,485,969,007 2. Other non-current liabilities 838,951,352
1. Available-for-sale financial assets 106,443,212 Total liabilities 29,894,206,967
2. Investments in equity accounted investees 13,379,525,795 Equity
(2) Property, plant and equipment 11,938,288,825 Ⅰ. Capital stock 1,394,080,000
1. Land 5,489,874,628 Ⅱ. Capital surplus 18,710,611,504
2. Buildings 2,809,211,271 Ⅲ. Capital adjustment (680,296,137)
3. Other Tangible Assets 3,639,202,926 Ⅳ. Accumulated other comprehensive income 1,284,359,083
(3) Intangible assets 346,396,003 Ⅴ. Accumulated deficit (10,394,099,642)
(4) Other non-current assets 6,498,066,000 Total equity 10,314,654,808
Total assets 40,208,861,775 Total liabilities and equity 40,208,861,775

It is public announced as the above.

Yanolja Co., Ltd.

Chief Executive Officer, Su Jin LEE

Auditor’s opinion: the above mentioned Financial Statement has been prepared according to the general enterprise accounting standards recognized generally from the view point of importance

Representative director, KPMG International, Gyo Tae Kim