Financial Information
This section provides information on LG Electronics' financial results.
Our performance results from 2009 to the present day are available to view and download for both parent and consolidated bases.
The financial results are reported in accordance with the International Financial Reporting Standards as adopted by the Republic of Korea. (“Korean IFRS”).
For past data, please visit Financial Statements.
Financial Highlights
| Financial Highlights | Parent | Consolidated | ||||
|---|---|---|---|---|---|---|
| 2009 | 2010 | 2011 | 2009 | 2010 | 2011 | |
| KRW bn | KRW bn | KRW bn | KRW bn | KRW bn | KRW bn | |
| Sales | 30,513 | 29,239 | 28,097 | 55,491 | 55,754 | 54,257 |
| Operating Profit (Loss) | 1,412 | -1,105 | -299 | 2,681 | 176 | 280 |
| Net Profit (Loss) | 1,147 | -636 | -278 | 2,350 | 1,282 | -433 |
| Total Assets | 22,143 | 22,975 | 24,199 | 32,115 | 32,319 | 32,659 |
| Total Liabilities | 11,255 | 13,049 | 13,704 | 19,689 | 19,459 | 19,510 |
| Total Shareholder's Equity | 10,888 | 9,926 | 10,495 | 12,425 | 12,860 | 13,148 |
| ROE | 11.1% | -6.1% | -2.7% | 20.6% | 10.1% | -3.3% |
| EBITDA | 1,951 | -579 | 58 | 4,020 | 1,466 | 1,483 |
| Capex | 579 | 1,082 | 1,503 | 845 | 1,232 | 1,771 |
Income Statement
| Income Statement | Parent | Consolidated | ||||
|---|---|---|---|---|---|---|
| 2009 | 2010 | 2011 | 2009 | 2010 | 2011 | |
| KRW bn | KRW bn | KRW bn | KRW bn | KRW bn | KRW bn | |
| Sales | 30,513 | 29,239 | 28,097 | 55,491 | 55,754 | 54,257 |
| Cost of goods sold | 23,407 | 24,894 | 23,053 | 41,341 | 43,453 | 42,058 |
| Gross profit | 7,107 | 4,345 | 5,044 | 14,151 | 12,301 | 12,199 |
| Selling & admin expense | 5,411 | 5,468 | 5,340 | 11,190 | 12,213 | 11,856 |
| Other operating gain (Loss) | 1,670 | 19 | -3 | -279 | 88 | -63 |
| Operating income (Loss) | 1,412 | -1,105 | -299 | 2,681 | 176 | 280 |
| Financial income (Expense) | 6 | 28 | -103 | -251 | -219 | -349 |
| Net profit (Loss) before tax | 1,419 | -1,077 | -402 | 2,865 | 435 | -399 |
| Tax | 272 | -441 | -125 | 589 | 0 | 34 |
| Net profit (Loss) | 1,147 | -636 | -278 | 2,350 | 1,282 | -433 |
Balance Sheet
| Balance Sheet | Parent | Consolidated | ||||
|---|---|---|---|---|---|---|
| 2009 | 2010 | 2011 | 2009 | 2010 | 2011 | |
| KRW bn | KRW bn | KRW bn | KRW bn | KRW bn | KRW bn | |
| Assets Current Assets |
22,143 7,692 |
22,975 8,094 |
24,199 8,154 |
32,115 16,910 |
32,319 16,515 |
32,659 15,783 |
| Cash and cash equivalents Accounts receivable Inventory Other |
1,013 5,155 767 757 |
869 5,488 1,065 673 |
1,364 5,077 886 827 |
2,424 7,637 4,899 1,950 |
1,944 7,002 5,872 1,696 |
2,346 6,753 4,947 1,738 |
| Non-current Assets | 14,452 | 14,881 | 16,046 | 15,204 | 15,804 | 16,875 |
| Investment PP&E Intangible assets Other |
7,897 4,657 686 1,211 |
7,845 4,661 726 1,649 |
7,965 5,191 916 1,974 |
4,404 7,709 804 2,288 |
6,008 6,500 763 2,532 |
5,603 7,290 1,036 2,946 |
| Liabilities | 11,255 | 13,049 | 13,704 | 19,689 | 19,459 | 19,510 |
| Accounts payable Debt Other |
3,820 3,458 3,977 |
4,285 5,000 3,764 |
3,854 5,826 4,025 |
5,316 6,909 7,465 |
5,824 7,193 6,442 |
5,487 7,436 6,588 |
| Equity | 10,888 | 9,926 | 10,495 | 12,425 | 12,860 | 13,148 |
Financial Ratios
| Financial Ratios | Parent | Consolidated | ||||
|---|---|---|---|---|---|---|
| 2009 | 2010 | 2011 | 2009 | 2010 | 2011 | |
| Operating Profit Margin Net Profit Margin ROA ROE |
4.6% 3.8% 5.3% 11.1% |
-3.8% -2.2% -2.8% -6.1% |
-1.1% -1.0% -1,2% -2.7% |
4.8% 4.2% 7.4% 20.6% |
0.3% 2.3% 4.0% 10.1% |
0.5% -0.8% -1.3% -3.3% |
| Current Ratio Liabilities -to- Equity Ratio Debt -to- Equity Ratio Net Debt- to- Equity Ratio |
88.7% 103.4% 31.8% 22.5% |
86.5% 131.5% 50.4% 41.6% |
91.9% 130.6% 55.5% 42.5% |
104.6% 158.5% 55.6% 36.1% |
107.3% 151.3% 55.9% 40.8% |
111.0% 148.4% 56.6% 38.7% |
| Sales Growth Operating Profit Growth Net Proft Growth Total Assets Turnover |
10.4% 15.1% 137.6% 1.4 |
-4.2% nm nm 1.3 |
-3.9% nm nm 1.2 |
na na na 1.7 |
0.5% -93.4% -45.4% 1.7 |
-2.7% 58.9% nm 1.7 |
1) Net Debt = Debt - (/Cash and cash equivalents + Short-term financial instruments)