UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 under

the Securities Exchange Act of 1934

For the Month of February 2024

Commission File Number 001-13372

 

 

KOREA ELECTRIC POWER CORPORATION

(Translation of registrant’s name into English)

 

 

55 Jeollyeok-ro, Naju-si, Jeollanam-do, 58322, Korea

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

 

 

 


Korea Electric Power Corporation (“KEPCO”) hereby announces its unaudited consolidated and separate results of operation for the fourth quarter and the year ended December 31, 2023 prepared in accordance with Korean International Financial Reporting Standards (K-IFRS) as shown below.

Disclaimer:

The financial information relating to the unaudited consolidated and separate results of operations of KEPCO for the fourth quarter and the year ended December 31, 2023 as presented below (the “Information”) has been prepared by KEPCO based on preliminary estimates and in accordance with K-IFRS. The Information has been neither audited nor reviewed by KEPCO’s independent accountants, Ernst & Young Han Young, or any other independent public accountants. The Information may differ significantly from the actual results of operations of KEPCO, and accordingly should not be relied upon for investment, including but not limited to purchase of any securities, or for other purposes.

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

As of December 31, 2023 and 2022

 

(Unit : in billions of Korean Won)

   2023      2022      Change  

Total Assets

     239,727        234,805        4,922  

Total Liabilities

     202,416        192,805        9,612  

Total Equity

     37,311        42,000        -4,690  

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2023 and 2022

 

(Unit : in billions of Korean Won)

   2023
Oct.-Dec.
     2022
Oct.-Dec.
     Change      2023
Jan.-Dec.
     2022
Jan.-Dec.
     Change  

Operating revenues

     22,519        19,493        3,026        88,205        71,258        16,947  

Operating income (loss)

     1,884        -10,821        12,705        -4,569        -32,655        28,086  

Income (Loss) before income tax

     1,163        -10,803        11,966        -7,400        -33,844        26,444  

Net income (loss)

     1,325        -7,783        9,109        -4,657        -24,429        19,772  

Net income (loss) attributable to owners of the company

     1,294        -7,771        9,065        -4,762        -24,467        19,705  

CONDENSED SEPARATE STATEMENTS OF FINANCIAL POSITION

As of December 31, 2023 and 2022

 

(Unit : in billions of Korean Won)

   2023      2022      Change  

Total Assets

     138,674        131,024        7,650  

Total Liabilities

     120,181        108,963        11,218  

Total Equity

     18,492        22,061        -3,568  

CONDENSED SEPARATE STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2023 and 2022

 

(Unit : in billions of Korean Won)

   2023
Oct.-Dec.
     2022
Oct.-Dec.
     Change      2023
Jan.-Dec.
     2022
Jan.-Dec.
     Change  

Operating revenues

     21,932        18,833        3,100        85,826        68,952        16,874  

Operating income (loss)

     1,402        -9,961        11,363        -6,504        -33,909        27,405  

Income (Loss) before income tax

     4,335        -10,547        14,883        -5,141        -34,658        29,518  

Net income (loss)

     3,593        -7,911        11,504        -3,415        -25,298        21,883  

LOGO The figures may not add up to the relevant total numbers due to rounding.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

By:  

/s/ Park, WooGun

Name: Park, WooGun
Title: Vice President

Date: February 23, 2024


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