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부산도시가스

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Investor Relations

Financial Information

Balance Sheet

(Unit: millions of won)

Balance Sheet
Item 2019 2018
Non-current Assets 673,574 641,721
Current Assets 363,166 336,589
Total Assets 1,036,740 978,310
Non-current Liabilities 119,821 117,708
Current Liabilities 247,183 237,047
Total Liabilities 367,004 354,755
Total Equity 669,736 623,555

Income Statement

(Unit: millions of won)

Income Statement
Item 2019 2018
Revenue 972,789 951,808
Operating Income 43,529 41,260
Income before Income Tax 63,385 64,414
Net Income 48,928 49,232

Financial Indices

(2019)

Financial Indices
Equation Ratio (%) Note
Return on Equity Net Income / Total Equity 7.3 Profitability (ROE)
Revenue Growth (Current period Revenue
- Past period Revenue)
/ Past period Revenue
2.2 Growth Rate
Debt to Equity Total Liabilities/Total Equity 54.8 Safety
Times Interest Earned Operating
Income/Interest Expense
191.5times Safety

Credit Ratings

Credit Ratings
NICE Information Service Co., Ltd. Korea Investors Service, Inc.
Rating Type Unsecured debenture Unsecured debenture
Date July 2009 July 2009
Rating AA- AA-

Definition of Credit Ratings

Ratings from AA to B can be given a “+” or “-“ sign depending on the relative position in the rating band.

Definition of Credit Ratings
Rating Definition of Rating
AAA Highest level of debt repayment capability
AA Very high debt repayment capability, but few factors are lower than rating AAA
A High debt repayment capability, but there is a possibility of being influenced by changes in the environment in the future
BBB Debt repayment capability is recognized, but there is a possibility of such capability’s decrease as influenced by changes in the environment in the future.
BB No problem with repaying debt, but there are speculative factors in terms of stability in the future.
B Speculative as there is a lack of debt repayment capability
CCC Risk of not being capable to repay debt
CC High possibility of not being capable to repay debt
C Very high possibility of not being capable to repay debt
D Currently incapable of repaying debt

Definition of Rating Outlook

Definition of Rating Outlook
Rating Outlook Definition of Rating Outlook
STABLE Low possibility of its rating changing in the next 1-2 years
POSITIVE Low possibility of raising its rating in the next 1-2 years
NEGATIVE Low possibility of lowering its rating in the next 1-2 years
EVOLVING Rating can be raised, lowered, or maintained in the next 1-2 years; uncertain as to the direction of the change of rating
NONE Rating Watch has been authorized, but has been rated C or D
  • The rating outlook indicates the credit rating outlook 1-2 years from the point of the credit rating; it is a non-rating indicator irrelevant to the credit rating itself.
  • The rating outlook is not a notice for changes in credit rating and thus does not necessarily always change the future credit rating accordingly. Thus, the credit rating may change differently from the rating outlook.