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, 2003
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-_________.
November 14, 2003
Korea Electric Power Corporation ("KEPCO") announced the results for the first
9 months of 2003 as set forth below. The results are non-consolidated, unaudited
but reviewed in accordance with generally accepted accounting principles in
Korea or Korean GAAP by KEPCO's accountant, Ajin & Co. The full English
financial statements and the notes to them will be provided as they become
available. The following should be read and anlayzed in conjunction with the
full English financial statements and the notes thereto.
(Unit: in billions of Korean Won) 3Q2003 3Q2002 CHANGE(%)
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Operating revenues: 16,826 15,713 7.1%
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Sale of electric power 16,479 15,388 7.1%
Other operating revenues 107 84 27.1%
Revenues for other businesses 240 241 -0.4%
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Operating expenses: 15,097 13,805 9.4%
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Power purchased for resale 11,685 10,602 10.2%
Labor 532 523 1.6%
Retirement benefit 55 74 -25.8%
Maintenance 554 497 11.4%
Depreciation 1,156 1,069 8.2%
Fuel 9 7 26.4%
Other 867 794 9.2%
Expenses for other businesses 239 238 0.5%
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Operating income 1,729 1,908 -9.4%
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Other income: 2,394 2,425 -1.3%
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FX gain 212.1 367 -42.3%
Investment income from affiliates 1,858 1,756 5.8%
Other 324 302 7.2%
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Other expenses: 869 642 35.5%
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Interest expenses 475 456 4.3%
FX loss 36 29 25.0%
Other 358 157 128.1%
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Ordinary income 3,253 3,692 -11.9%
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Provision for income taxes 964 1,091 -11.6%
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Net income 2,289 2,601 -12.0%
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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.
KOREA ELECTRIC POWER CORPORATION
By: /s/ Lee, Do-Shik
----------------------------------
Name: Lee, Do-Shik
Title: Head of Treasury Department
Date: November 14, 2003