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* Income Statement
For the years ended December 31

In thousand USD

Accounts 2011 2010
Sales 177,226 160,493
Cost of Goods Sold 148,526 128,927
Gross Profits 28,700 31,566
Selling and Administrative Expenses 10,238 9,377
Other Operating Income 4,009 3,890
Other Operating Expense 3,624 3,613
Operating Income 18,848 22,466
Finance Income 898 867
Finance Costs 992 1,003
Income Before Tax 18,754 22,329
Income Tax 3,994 4,742
Net Income 14,760 17,587
Other Comprehensive Income (154) (87)
Total Comprehensive Income 14,606 17,500
Exchange Rate (KRW / USD) 1,153.30 1,138.90
 
 
* Balance Sheet
At December 31

In thousand USD

Accounts 2011 2010 2009
  Non-Current Assets 34,160 23,243 17,551
    Property, Plant and Equipments 30,759 21,804 16,356
    Intangible Assets 780 323 265
    Investments in subsidiaries 1,268 54 52
    Long-term trade and other non-current receivables 1,354 1,062 879
  Current Assets 67,856 57,631 40,886
    Inventories 28,083 25,191 17,598
    Trade and other current receivables 34,705 26,189 19,082
    Other current assets 199 150 118
    Cash and cash equivalents 4,870 6,101 4,088
Total Assets 102,016 80,874 58,438
Contributed equity 3,080 3,096 2,998
Capital Surplus 30,975 30,832 29,776
Retained Earnings 45,020 30,798 12,971
Total Equity 79,075 64,726 45,745
Non-Current Liabilities 3,339 2,902 1,848
Current Liabilities 19,602 13,246 10,844
Total Liabilities 22,941 16,148 12,693
Total Equity and Liabilities 102,016 80,874 58,438
Exchange Rate (KRW / USD) 1,153.30 1,138.90 1,167.60
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