TILON Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2014	FY 2013	FY 2012
Period Ending	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Other Revenue	0	-0	-
Revenue	5,538	5,014	3,031
Revenue Growth (YoY)	10.45%	65.44%	-
Cost of Revenue	2,335	2,124	2,103
Gross Profit	3,202	2,890	927.58
Selling, General & Admin	1,438	1,616	1,684
Research & Development	-	45.07	62.18
Amortization of Goodwill & Intangibles	603.01	533.47	796.88
Other Operating Expenses	84.71	64.11	65.78
Operating Expenses	2,942	2,473	2,880
Operating Income	260.32	416.55	-1,953
Interest Expense	-188.44	-217.44	-324.36
Interest & Investment Income	1.29	2.84	0.36
Currency Exchange Gain (Loss)	0.07	19.12	45.42
Other Non Operating Income (Expenses)	100.09	-2.99	1,476
EBT Excluding Unusual Items	173.33	218.07	-755.42
Gain (Loss) on Sale of Assets	-1.8	2.81	418.26
Pretax Income	171.53	220.88	-337.16
Income Tax Expense	20.02	-	-
Net Income	151.5	220.88	-337.16
Net Income to Common	151.5	220.88	-337.16
Net Income Growth	-31.41%	-	-
Shares Outstanding (Basic)	2	2	2
Shares Outstanding (Diluted)	2	2	2
Shares Change (YoY)	2.89%	-0.33%	-
EPS (Basic)	78.00	117.00	-178.00
EPS (Diluted)	78.00	117.00	-178.00
EPS Growth	-33.33%	-	-
Free Cash Flow	631.92	-1,821	-1,219
Free Cash Flow Per Share	325.33	-964.37	-643.33
Gross Margin	57.83%	57.64%	30.61%
Operating Margin	4.70%	8.31%	-64.43%
Profit Margin	2.74%	4.41%	-11.13%
Free Cash Flow Margin	11.41%	-36.31%	-40.21%
EBITDA	1,122	1,357	-959.18
EBITDA Margin	20.26%	27.07%	-31.65%
D&A For EBITDA	861.35	940.83	993.39
EBIT	260.32	416.55	-1,953
EBIT Margin	4.70%	8.31%	-64.43%
Effective Tax Rate	11.67%	-	-
Advertising Expenses	92.89	171.02	132.03

Source: S&P Capital IQ. Standard template. Financial Sources.