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Overview

트위터 페이스북

Duties

  • Construction, operation, and management of facilities for the comprehensive use and development of water resources
  • Construction and management of metropolitan waterworks (including industrial waterworks) facilities
  • Development of industrial complexes and special-purpose zones
  • Contracted-out operation of local waterworks and sewage
  • Construction, operation, and management of renewable energy facilities

History

  • Nov. 16, 1967: Korea Water Resources Development Corporation established
  • Feb. 1, 1974: Reorganized into the Industrial Sites and Water Resources Development Corporation
    (Oct. 15, 1974: Headquarters relocated from Seoul to Daejeon)
  • Jul. 1, 1988: Reorganized into the Korea Water Resources Corporation
    (Law No.3997, Korea Water Resources Corporation Act enacted on Dec. 4, 1987)

Capital

  • Legal Capital: KRW 10 trillion
  • Paid-in Capital: KRW 8.1090 trillion (as of Dec. 31, 2017)
Components of Ownership : KRW 7.191 Trillion - Government 64,877 (91.5%), Korea Development Bank 6,084(8.5%)

Organization and Staff

  • Headquarters: one vice-president, five departments, and 27 divisions (office, department, institute, and center)
  • On-Site Branches: 3 Regional Head Office, 5 Headquarters and 62 units (institute)

(Unit: Person)

Organization and Staff
Total Senior Executives Grade 1 Grade 2 Grade 3-5 Grade 6-8 Specialized
Positions
4,856 7 53 347 3,189 315 945

Finance and Budget

Overview of Assets and Debts (based on the 2017 Financial Statement)

Capital: KRW 20.8673 trillion, Debts: KRW 13.6333 trillion (debt ratio: 188.5%)

Debt Trend 2013 139,875 120.6% / 2014 134,614 112.4% / 2015 132,732 211.4%

Assets, Debts, and Capital (Unit: KRW 100 Million)

Assets, Debts, and Capital
Assets Debts Capital
208,673 136,333 72,340

※ Debt ratio is 99.0% when excluding investment expenses into the Four River Project

Overview of Profit and Loss (based on the 2017 Financial Statement)

Current Term Net Profit: KRW 1.849 trillion

Net Profit Trend 2013 3,481 / 2014 2,993 / 2015 △57,956

Profit and Cost (Unit: KRW 100 Million)

Profit and Cost
Total Revenue Total Cost Net Profit
35,714 33,865 1,849

※ Net Profit occurred due to the investment cost resulting from the Four River Project (Net profit is KRW 339.6 billion when excluding the investment costs for the project).

Overview of Budget

Size of the 2018 Budget: KRW 4.500 trillion

(Unit: KRW 100 Million)

Overview of Budget
Types 2017 Budget
(A)
2018 Budget
(B)
Increase
(B-A) %
Total 44,000 45,000 1,000 2.3
Investment Projects 22,322 22,873 551 2.5
Managed Projects 21,678 22,127 449 2.1
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