Question: How much economic value does the company retain (Economic Value Generated - Economic Value Distributed)?
Answer:
1.07B
USD
2916387
Global Reporting Initiative
KT Corporation
2016
Unverified - Added by Community
updated almost 2 years ago by Manali Rana

pg.32:

-4,846,892,200,000,000.00 KRW = -4,313,734,058,000.00 USD

Cecilia (Ji Eun) Park.....2017-06-11 18:39:42 UTC

(Calculation 1 : Economic value generated =Operating revenue + Other income = 17,028,868+513,927 = 17,542,795

2: Economic value distributed = Operating expense + Other expense = 15,969,277+ 325,448 = 16,294,725

3: Economic value retained = Economic value generated + Economic value distributed = 17,542,795 - 16,294,725 = 1,248,070)

(Exchange rate (2016) : 1 USD = 1161.224877 Korean won

Exchange : 1,248,070,000,000/1161.224877 = 1,074,787,515 USD)

Separate financial statement, pg. 61

"(in million of Korean won) (2016)

Operating revenue = 17,028,868

Operating expense = 15,969,277"

pg. 62

"Other income and expense

(in million of Korean won) (2016)

Other income = 513,927

Other expense = 325,448"

Manali Rana.....2022-07-06 11:21:39 UTC