30 Jan 2015 07:09
4Q 2014 Results Report
LGE Consolidated, K-IFRS
(Billions of KRW)
2014 4Q | 2014 3Q | 2013 4Q | |
Sales | 15,272 | 14,713 | 14,556 |
Gross Profit | 3,286 | 3,563 | 3,236 |
Operating Income (Loss) | 275 | 465 | 214 |
Net Income before Tax | 57 | 271 | 20 |
Net Income | -206 | 203 | -63 |
l All information regarding the financial results of LG Electronics during the 4th quarter of 2014 as contained herein has been prepared on a consolidated basis in accordance with International Financial Reporting Standards ("IFRS").
l Starting from January 1, 2013, the Company accounted LG Innotek as a consolidated subsidiary of the Company pursuant to the enactment of K-IFRS 1110, 'Consolidated Financial Statements'.
l The Company has discontinued the PDP business during 2014 and has separated all its profit and loss line items of PDP business operations from the continuing operations and has reclassified them into a separate account called "Income(Loss) from discontinued operations", and also has restated the comparative information in conformity with the same classification in the current period.
l The information regarding results of the 4th quarter of 2014 has been prepared in advance, prior to being reviewed by outside auditors, solely for the convenience of investors of the Company, and is subject to change in the process of final review by outside auditors. Please see other notes and disclaimers at our website.
l Website : http://www.lg.com/global/investor-relations/reports/earning-release