SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 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 May 2013

Commission File Number: 001-13372

 

 

KOREA ELECTRIC POWER CORPORATION

(Translation of registrant’s name into English)

 

 

167 Samseong-dong, 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-            .

 

 

 

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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.

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Korea Electric Power Corporation (“KEPCO”) hereby announces its unaudited consolidated and separate results of operation for the first three months ended March 31, 2013 prepared in accordance with K-IFRS as attached hereto.

Disclaimer:

The financial information relating to the consolidated and separate results of operations of KEPCO for the first three months of 2013 as presented below (the “Information”) has been prepared by KEPCO based on preliminary estimates and in accordance with the Korean International Financial Reporting Standard (K-IFRS). The Information has been neither audited nor reviewed by KEPCO’s independent accountants, KPMG Samjong Accounting Corp., or any other independent public accountants. The Information may differ significantly from the actual results of operations of KEPCO for the first three months of 2013, 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 COMPREHENSIVE INCOME (Unaudited)

For the first three months ended March 31, 2013 and 2012

 

(Unit : in billions of Korean Won)		2013 Jan.-Mar.				2012 Jan.-Mar.				Change
Operating revenues			13,799				12,940				6.6	%
Cost of goods sold & selling and administrative expenses			13,141				13,182				–0.3	%
Operating income (loss)			658				–242				n/m
Other revenues			88				101				–13	%
Other expenses			17				22				–21.5	%
Other income			31				57				–45.8	%
Finance income (loss)			437				225				94.5	%
Finance expenses			1,060				652				62.5	%
Equity income (loss) of affiliates, net			71				86				–17.6	%
Income (Loss) before income tax			208				–447				n/m
Net income (loss)			160				–513				n/m
Non-controlling interests			27				25				7.1	%
Owners of the company			133				–538				n/m

 

*	The figures may not add up due to rounding

**	n/m means not meaningful

CONDENSED SEPARATE STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)

For the first three months ended March 31, 2013 and 2012

 

(Unit : in billions of Korean Won)

2013 Jan.-Mar.

2012 Jan.-Mar.

Change

Operating revenues

13,633

12,896

5.7

%

Operating income (loss)

–479

–2,129

–77.5

%

Income (Loss) before income tax

–211

–1,398

–84.9

%

Net income (loss)

–17

–874

–98.1

%

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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.

 

Date: May 10, 2013