Form 6-K

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

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

the Securities Exchange Act of 1934

For the Month of November 2009

 

 

KOREA ELECTRIC POWER CORPORATION

(Translation of registrant’s name into English)

 

 

411, Yeongdong-daero, Gangnam-gu, Seoul 135-791, 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  x            Form 40-F  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in

paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in

paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the

information contained in this form is also thereby furnishing the

information to the Commission pursuant to Rule 12g3-2(b) under the

Securities Exchange Act of 1934.

Yes  ¨            No  x

If “Yes” is marked, indicate below the file number assigned to the

registrant in connection with Rule 12g3-2(b): 82-            .

 

 

 


This Report of Foreign Private Issuer on Form 6-K is deemed filed for all purposes under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, including by reference in the Registration Statement on Form F-3 (Registration No. 33-99550) and the Registration Statement on Form F-3 (Registration No. 333-9180).


Korea Electric Power Corporation (“KEPCO”) hereby announces its unaudited non-consolidated estimated earnings results for the first nine months ended September 30, 2008 and 2009 as attached hereto.

 

LOGO   Attachment :   unaudited non-consolidated estimated statements of income of KEPCO as of and for the first nine months ended September 30, 2008 and 2009

Disclaimer:

The unaudited, non-consolidated estimated financial information relating to the results of operations of Korea Electric Power Corporation (“KEPCO”) for the first nine month period ended September 30, 2008 and 2009 as presented in the attachment hereto (the “Information”) has been prepared by KEPCO based on preliminary internal estimates based on Korean GAAP. The Information has neither been audited nor reviewed by KEPCO’s independent accountants, Deloitte Anjin LLC., or any other independent public accountants. The Information may differ significantly from the actual financial condition and results of operations of KEPCO as of and for the first nine months ended September 30, 2009 and accordingly should not be relied upon for investment, including but not limited to purchase of any securities, or for other purposes.

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/    KIM, MYUNG-WHAN      

Name:   Kim, Myung-Whan
Title:   General Manager, Finance Team

Date: November 3, 2009


KEPCO’s Preliminary NON-CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

As of Sep. 30, 2008 and 2009

 

     3Q 2009
(Jan.~Sep.)
   3Q 2008
(Jan.~Sep.)
   Change  

(Unit : in billions of Korean Won)

        

Operating revenues:

   25,054    23,341    7.3
                

Sale of electric power

   24,781    23,118    7.2

Other operating revenues

   249    211    18.5

Revenues for other businesses

   24    12    93.5
                

Operating expenses:

   24,974    24,834    0.6
                

Purchased power

   20,875    20,541    1.6

Maintenance

   548    606    -9.6

Depreciation

   1,494    1,442    3.7

Other operating expenses

   2,018    2,212    -8.9

Expenses for other businesses

   39    33    20.9
                

Operating income

   80    -1,493    105.3
                

Non-operating income:

   1,778    1,519    17.1
                

Gain on foreign currency transactions and translation

   174    9    1903.4

Investment income from affiliates

   1,262    998    26.5

Other

   342    512    -33.3
                

Non-operating expenses:

   1,425    1,317    8.2
                

Interest expenses

   761    536    41.9

Loss on foreign currency transactions and translation

   530    475    11.4

Investment loss from affiliates

   26    190    -86.0

Other

   108    116    -6.3
                

Earnings before taxes

   433    -1,291    -133.6
                

Provision for income taxes

   144    -502    -128.8
                

Net income

   289    -789    -136.6