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K-water is top level total water service company.
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Organization Overview

트위터 페이스북

Duties

  • Construction, operation, and management of facilities for the comprehensive use and development of water resources
  • Construction and management of multi-regional water supply systems (including industrial water supply systems)
  • Development of industrial complexes and special-purpose zones
  • Consignment 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: Head Office 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

  • Head Office: one vice-president, five divisions, and 31 departments (institutes, and centers)
  • On-Site Branches: 3 regional head offices, 1 business division, 4 regional offices, and 71 offices(institute)

(Unit: Person)

Organization and Staff
Total Senior Executives Grade 1 Grade 2 Grade 3-5 Grade 6-8 Specialized
Positions
4,496 7 53 334 2,951 350 801

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 139,985 120.6% / 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
195,506 132,723 62,774

※ Debt ratio is 108.3% when excluding investment expenses into the 4 Major Rivers Restoration Project (△6.3 trillion)

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

Current Term Net Loss: 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 4 Major Rivers Restoration Project (Net profit is KRW 322 billion when excluding the investment costs for the project).

Overview of Budget

Size of the 2016 Budget: KRW 4.839 trillion

(Unit: KRW 100 Million)

Overview of Budget
Types 2015 Budget
(A)
2016 Budget
(B)
Increase
(B-A) %
Total 54,650 49,390 △6,260 △12.9
Investment Projects 30,080 25,584 △4,496 △17.6
Management Projects 24,570 22,806 △1,764 △7.7