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 2006
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- .
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 announces its un-audited, preliminary financial results for the nine-month periods ended September 30, 2006 as attached hereto.
Attached
Unaudited, preliminary non-consolidated statement of income of Korea Electric Power Corporation for the nine-month periods ended September 30, 2005 and 2006
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, Kwang-Choong | |
| Name: | Kim, Kwang-Choong | |
| Title: | Treasurer |
Date: November 2, 2006
Disclaimer:
The financial information relating to the results of operations of Korea Electric Power Corporation (“KEPCO”) for the nine months ended September 30, 2005 and 2006 as attached hereto (the "Information") has been prepared by KEPCO based on preliminary internal estimates. The Information has been prepared on a non-consolidated basis based on Korean GAAP. The Information has neither been 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 non-consolidated financial condition and results of operations of KEPCO as of and for the nine months ended September 30, 2006, and accordingly should not be relied upon for investment, including but not limited to purchase of any securities, or other purposes. The results of operations of KEPCO for the first nine months of 2006 are not necessarily indicative of the results of operations of KEPCO for the full year of 2006.
Korea Electric Power Corporation
Preliminary NON-CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
For the Nine-month periods ended September 30, 2005 and 2006
| (Unit : in billions of Korean Won) |
3Q 2006 | 3Q 2005 | Change | ||||
| Operating revenues: |
20,418 | 18,891 | 8.1 | % | |||
| Sale of electric power |
20,263 | 18,632 | 8.8 | % | |||
| Other electric business |
139 | 170 | -18.3 | % | |||
| Other business |
16 | 88 | -82.2 | % | |||
| Operating expenses: |
18,998 | 17,080 | 11.2 | % | |||
| Purchased power |
15,114 | 13,397 | 12.8 | % | |||
| Fuel |
26 | 22 | 22.3 | % | |||
| Maintenance |
631 | 501 | 25.8 | % | |||
| Depreciation |
1,370 | 1,352 | 1.4 | % | |||
| Other |
1,838 | 1,717 | 4.0 | % | |||
| Other business |
20 | 91 | -77.5 | % | |||
| Operating income |
1,419 | 1,811 | -21.6 | % | |||
| Non-operating income: |
1,854 | 2,143 | -13.5 | % | |||
| Gain on foreign currency transactions and translation |
195 | 144 | 35.4 | % | |||
| Investment income from affiliates |
1,444 | 1,644 | -12.2 | % | |||
| Other |
215 | 355 | -39.5 | % | |||
| Non-operating expenses: |
608 | 590 | 3.0 | % | |||
| Interest expenses |
409 | 357 | 14.6 | % | |||
| Loss on foreign currency transactions and translation |
3 | 11 | -72.7 | % | |||
| Investment loss from affiliates |
38 | 21 | 85.5 | % | |||
| Other |
158 | 202 | -21.7 | % | |||
| Earnings before taxes |
2,665 | 3,364 | -20.8 | % | |||
| Provision for income taxes |
567 | 777 | -27.0 | % | |||
| Net income |
2,098 | 2,587 | -18.9 | % | |||