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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 7.1961 trillion (as of Dec. 31, 2015)
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, three departments, and 29 divisions (office, department, institute, and center)
  • On-Site Branches: 3 Regional Head Office, 2 Headquarters and 74 units (institute)

(Unit: Person)

Organization and Staff
Total Senior Executives Grade 1 Grade 2 Grade 3-5 Grade 6-8 Specialized
Positions
4,686 7 53 341 3,059 340 886

Finance and Budget

Overview of Assets and Debts (based on the 2015 Financial Statement)

Capital: KRW 19.5506 trillion, Debts: KRW 13.2732 trillion (debt ratio: 211.4%)

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
195,506 132,732 62,774

※ Debt ratio is 108.3% when excluding investment expenses into the Four River Project ((△6.3 trillion)

Overview of Profit and Loss (based on the 2015 Financial Statement)

Current Term Net Profit: KRW 5.7956 trillion

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

Profit and Cost (Unit: KRW 100 Million)

Profit and Cost
Total Cost Total Profit Net Loss
100,018 42,062 △57,956

※ Net loss occurred due to the investment cost resulting from the Four River Project (Net profit is KRW 322 billion when excluding the investment costs for the project).

Overview of Budget

Size of the 2017 Budget: KRW 4.400 trillion

(Unit: KRW 100 Million)

Overview of Budget
Types 2016 Budget
(A)
2017 Budget
(B)
Increase
(B-A) %
Total 48,390 44,000 △4,390 △9.1
Investment Projects 25,584 20,631 △4,953 △19.4
Managed Projects 22,806 23,369 △563 △2.5
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