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Our people at YoungNam Flour Mills Co., LTD. understand that a clear financial structure is the basis for customer satisfaction and is always trying hard to maintain a healthy financial situation. Also in order to become a major player in the flour industry we will strengthen our core competence and construct a concentrated structural makeup of our company to insure a basis for growth, customer satisfaction management, and increases of profit. Eventually our final company vision is to become the first and foremost elite 21st century flour company that can realize customer satisfaction, shareholder satisfaction, and employee satisfaction.
We promise to bring our customers faster management by building an infrastructure capable of adapting to rapidly changing paradigms and by applying an accurate decision making system in our business. Furthermore we promise to try our best to bring you hope for a better future.
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 Asset |
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| 1. Current Assets |
32,684,968,026 |
36,784,687,010 |
35,681,268,040 |
| 2. Fixed Assets |
29,201,577,756 |
26,223,618,071 |
28,405,374,032 |
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| Total Assets |
61,886,545,782 |
63,008,305,081 |
64,086,642,072 |
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| Liabilities |
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| 1. Current liabilities |
20,050,745,706 |
26,547,636,035 |
06,052,137,355 |
2. Long Term
Liabilities |
8,446,518,896 |
6,130,349,503 |
5,901,819,950 |
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| Total Liabilities |
28,497,264,602 |
32,677,985,538 |
31,953,957,305 |
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| Capital |
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| 1. Share Capital |
10,400,000,000 |
10,400,000,000 |
10,400,000,000 |
| 2. Surplus Capital |
13,583,639,821 |
13,583,639,821 |
13,583,639,821 |
| 3. Surplus Profits |
16,493,685,686 |
13,107,518,073 |
12,026,529,251 |
4. Capital
Adjustment |
(7,088,044,327) |
(6,760,838,351) |
(3,877,484,305) |
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| Total Capital |
33,389,281,180 |
30,330,319,543 |
32,132,684,767 |
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Total Liabilities
and Capital
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61,886,545,782 |
63,008,305,081 |
64,086,642,072 |
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| 1. Sales |
73,315,103,567 |
67,231,652,778 |
67,802,746,942 |
| 2. Prime Sales Cost |
57,495,909,263 |
52,682,771,841 |
52,921,933,063 |
| 3. Total Sales Profit |
15,819,194,304 |
14,548,880,937 |
14,880,813,879 |
4. Sales and
management
Expenses |
12,596,228,394 |
10,172,283,883 |
10,391,556,828 |
| 5. Business Profit |
3,222,965,910 |
4,376,597,054 |
4,489,257,051 |
6. Non Business
Income |
3,914,241,230 |
2,171,104,938 |
3,543,081,256 |
7. Non Business
Expenses |
1,586,200,637 |
2,915,620,582 |
2,317,666,093 |
| 8. Ordinary Profit |
5,551,006,503 |
3,632,081,410 |
5,714,672,214 |
| 9. Special Profit |
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 10. Special Losses |
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| 11. Corporate Taxes |
1,222,338,890 |
1,137,342,588 |
1,543,299,518 |
| 12. Current Term |
4,328,667,613 |
2,494,738,822 |
4,171,372,518 |
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