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 2025

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, 2024 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, 2024 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, 2024 and 2023

 

(Unit : in billions of Korean Won)

   2024      2023      Change  

Total Assets

     246,644        239,715         6,929  

Total Liabilities

     205,181        202,450        2,731  

Total Equity

     41,463        37,265        4,198  

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2024 and 2023

 

(Unit : in billions of Korean Won)

   2024
Oct.-Dec.
     2023
Oct.-Dec.
     Change      2024
Jan.-Dec.
     2023
Jan.-Dec.
     Change  

Operating revenues

     24,132        22,533        1,599        94,001         88,220        5,781  

Operating income (loss)

     2,403        1,912        491        8,349        -4,542        12,891  

Income (Loss) before income tax

     1,227        1,008        219        5,290        -7,554        12,844  

Net income (loss)

     1,158        1,266        -108        3,748        -4,716        8,464  

Net income (loss) attributable to owners of the company

     1,143        1,233        -90        3,619        -4,822        8,441  

CONDENSED SEPARATE STATEMENTS OF FINANCIAL POSITION

As of December 31, 2024 and 2023

 

(Unit : in billions of Korean Won)

   2024      2023      Change  

Total Assets

     139,447        138,838           609  

Total Liabilities

     120,052        120,181        -129  

Total Equity

     19,396        18,657        739  

CONDENSED SEPARATE STATEMENTS OF COMPREHENSIVE INCOME

For the fourth quarter and the year ended December 31, 2024 and 2023

 

(Unit : in billions of Korean Won)

   2024
Oct.-Dec.
     2023
Oct.-Dec.
     Change      2024
Jan.-Dec.
     2023
Jan.-Dec.
     Change  

Operating revenues

     22,997        21,932        1,065         91,661        85,826         5,835  

Operating income (loss)

     2,780        1,402        1,378        3,175        -6,504        9,679  

Income (Loss) before income tax

     2,238        4,335        -2,097        1,030        -5,141        6,171  

Net income (loss)

     1,667        3,758        -2,091        836        -3,249        4,085  

 

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/ Joo, Hwa-sik

Name: Joo, Hwa-sik
Title: Vice President

Date: February 28, 2025


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