03/29/2024 | Press release | Distributed by Public on 03/28/2024 21:49
1. Payee | DOOWON HEAVY INDUSTRIAL CO., LTD. and 10 other companies | Name in English | DOOWON HEAVY INDUSTRIAL CO., LTD. and 10 other companies |
- Relationship to company | - | ||
2. Details of advance payment | Transaction date | 2024-03-29 | |
Amount of advance payment (KRW) | 28,528,316,000 | ||
Equity capital (KRW) | 935,179,067,809 | ||
Ratio to equity capital (%) | 3.05 | ||
Classified as a large-sized corporation? | Yes | ||
3. Purpose of advance payment | Advance payment to be made in accordance with the policy for payment of deposit and intermediate payment for defense industry | ||
4. Total balance of advance payment (KRW) | 28,528,316,000 | ||
5. Date of board resolution (decision date) | 2024-03-29 | ||
- Attendance of outside directors | Present (No.) | - | |
Absent (No.) | - | ||
- Attendance of auditors (members of Audit Committee who are not outside directors) | - | ||
6. Other matters to be factored into investment decisions | |||
- In line 1, Due to security concerns with national defense contract, only name of the company with the biggest payment to be received is disclosed and full list of companies are not to be disclosed. - In line 2, amount of advance payment is the amount that will be paid to the subcontractors for contracts including Precision Guided Missile production contract from the advance payment received by Defense Acquisition Program Administration(Value Added Tax not included) - In line 2, equity capital is from annual report of fiscal year 2022. - In line 4, total balance of advance payment includes amount of the advance payment determined to be paid through this event. - In line 5, Date of board resolution refer to the date the internal decision has been made. - Condensed Financial Syatements of payee below refers to the consolidated financial statement of DOOWON HEAVY INDUSTRIAL CO., LTD. who is the payee with the biggest payment to be received.(FY2022(Current fiscal year), FY2021(Previous fiscal year), FY2020(Two fiscal years prior) |
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※ Related disclosure | - |
Category | Total assets | Total liabilities | Total shareholders' equity | Capital stock | Sales | Net income |
Current fiscal year | 488,160 | 191,706 | 296,454 | 15,667 | 412,795 | 12,525 |
Previous fiscal year | 443,324 | 156,584 | 286,740 | 15,667 | 399,286 | 14,044 |
Two fiscal years prior | 394,248 | 124,430 | 269,818 | 15,667 | 376,955 | 7,573 |