Hanil Cement (003300)   KSE (Unit : %, Times) Fiscal Year End 2000.12.31 2001.12.31 2002.12.31 2003.12.31 2004. 6.30 Net Income to Total Assets 2.45  3.69  6.47  11.46  12.44  Ordinary Income to Total Assets 3.56  6.00  9.76  16.92  17.71  Operating Profit to Working Capital 11.09  14.09  21.53  23.04  19.23  Net Income to Equity 3.83  5.41  8.72  14.39  15.07  Net Income to Sales 4.90  6.14  9.16  15.68  19.05  Ordinary Income to Sales 7.14  9.99  13.80  23.15  27.12  Operating Income to Sales 18.89  19.58  25.22  26.30  24.48  Total Income to Sales 29.29  29.77  34.32  37.13  35.61  Times Interest earned 2.68  4.20  12.28  38.00  255.59  Financial Expenses/Sales 4.26  3.12  1.22  0.63  0.11  Equity to Total Assets 64.96  71.33  77.07  81.96  83.05  Liability to Equity 53.93  40.20  29.75  22.01  20.41  Borrowings & Bonds to Assets 22.46  15.66  9.24  1.57  1.41  Current Liabilities to Equity 26.03  21.66  25.50  19.95  18.29  Fixed Assets to Equity & L/T Liabilities 90.46  92.23  87.35  78.28  73.59  Fixed Ratio 115.70  109.32  91.06  79.89  75.15  Current Ratio 146.88  142.53  151.73  211.14  247.40  Quick Ratio 128.32  124.66  136.93  194.53  226.73  Debt Coverage Ratio 129.45  197.19  153.18  1,235.46  2,462.91  Total C/F to Liabilities 36.48  50.85  79.76  100.13  -     Business Capital Turn over 0.59  0.72  0.85  0.88  0.79  Total Assets Turn over 0.50  0.60  0.71  0.73  0.65  Trade Receivables Turn over 3.53  3.63  4.07  3.68  3.21  Inventories Turn over 16.56  20.32  24.93  26.03  22.26  Trade Payables Turn over 9.70  10.55  11.29  11.33  9.94  Sales Growth 8.81  16.13  16.85  8.94  - 1.39  Total Asset Growth - 2.97  - 3.91  2.41  8.31  4.35  Equity Growth 0.16  5.50  10.66  15.18  5.74  (Unit : %) Fiscal Year End 1999.12.31 2000.12.31 2001.12.31 2002.12.31 2003.12.31 Cost of Sales 70.70  70.70  70.20  65.68  62.87  Selling & General Adm.Exp. 16.10  10.40  10.20  9.10  10.84  R & D Costs 0.35  0.37  0.39  0.36  0.42  Depreciation 13.30  10.70  8.90  7.12  5.78  Financial Expenses 7.63  4.26  3.12  1.22  0.63  Operating Income 13.10  18.90  19.60  25.22  26.30  Ordinary Income 6.20  7.10  10.00  13.80  23.15  Income before Income Taxes 6.20  7.10  10.00  13.80  23.15  Net Profit 4.20  4.90  6.10  9.16  15.68  (Unit : 100Mn. Won, %) Fiscal Year End 1999.12.31 2000.12.31 2001.12.31 2002.12.31 2003.12.31 Total Debt 2,267.5  1,850.8  1,240.3  749.0  138.1  Short-Term Debt 167.0  -  -  -  -  Current Portion of L/T Debt 595.1  477.2  302.3  580.5  72.0  Long-Term Debt 1,505.3  1,373.5  938.0  168.5  66.1  Short-Term Debt to Total Debt 7.36  -  -  -  -