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Sustainability Data Disclosures

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Organizational Scope


Financial Data
Summary of Consolidated Financial Statements Unit : KRW million
Category 2013 2014 2015
Current Assets 6,914 5,968 6,534
Non-current Assets 9,764 10,248 11,221
Total Assets 16,679 16,216 17,754
Current Liabilities 6,767 5,260 4,729
Non-current Liabilities 502 562 643
Total Liabilities 7,270 5,822 5,372
Total Shareholders’ Equity 9,409 10,394 12,382
Sales 21,183 21,603 23,152
Operating Profit 3,390 3,644 4,633
Income Before Income Tax 3,271 3,324 4,545
Net Income 2,451 2,497 3,431

Summary of Non-Consolidated Financial Statements Unit: KRW million
Category 2013 2014 2015
Current Assets 6,425 5,731 6,581
Non-current Assets 9,986 10,029 10,843
Non-current Assets 16,411 15,760 17,424
Current Liabilities 6,368 4,680 4,216
Non-current Liabilities 369 490 513
Total Liabilities 6,737 5,170 4,729
Total Shareholders’ Equity 9,673 10,590 12,694
Sales 19,337 20,136 21,613
Operating Profit 3,332 3,775 4,630
Income Before Income Tax 3,505 3,297 4,608
Net Income 2,532 2,429 3,494

Customers
Customers Unit 2013 2014 2015
No. of Customer Accounts 10,000 accounts 544 561 577

※ Since 2013, the figures have excluded bond accounts and accounts with no fixed ownership and free-of-charge membership

Coway’s Supply Chain

Coway engages in trade with a total of 288 suppliers in order to procure raw materials and parts for manufacturing products. In 2015, Coway purchased approximately KRW 50.64 billion worth of parts and materials for production.

Category 2013 2014 2015
No. of Suppliers Total 225 224 288
Tier 1 suppliers 155 151 193
Tier 2 suppliers 70 73 95

Features of Resource Procurement

Coway has been successful in producing most of the parts it requires in Korea through constant R&D efforts by the company’s Environmental Technology Institute and Quality Management Institute, or by purchasing them from numerous suppliers within Korea. Today, the company is also equipped with automatic production lines for filters. Furthermore, core parts used for water purifiers are ultra-precision filters, so competitors have had to work hard to increase the number of more technologically advanced products they produce in Korea to keep up with Coway.


Comparison of New Employees’ Remuneration and the Legal Minimum
Category 2013 2014 2015
New Employee Monthly Wages Compared to the
Legal Minimum
Legal Minimum Wage(monthly, KRW 10,000) 101.5 108.8 116.6
New Employee Wages(monthly, KRW 10,000) 298.5 307.5 316.7
Rate (%) 296 282 272