Quarterly Performance

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2009 Quarterly Income Statement (KRW in millions)

Description 4Q 3Q 2Q 1Q
Total sales 215,672 206,384 206,051 197,104
Cost of sales 82,057 80,653 81,588 79,922
Gross profit 133,615 125,731 124,463 117,181
Selling and administrative expenses 110,219 103,931 103,665 97,005
Salaries 19,544 18,382 17,646 18,292
Severance and retirement benefits 1,708 1,859 1,448 1,771
Employee benefits 3,138 3,634 3,043 2,767
Sales commission 35,384 32,290 32,688 27,703
Sales promotion 4,113 3,934 5,198 3,699
Advertising 2,649 3,169 2,808 3,516
Samples 0 0 0 0
Royalties 3,396 3,188 2,705 3,591
Packing and transportation 2,295 2,465 2,515 2,242
Communication 984 1,053 1,084 989
Rent 6,107 6,122 5,748 5,904
Warehousing 0 0 0 0
Collection fee 187 192 158 179
Utilities 523 581 572 770
Vehicle maintenance 42 42 39 38
Taxes and dues 813 1,173 821 816
Commission fee 3,508 4,361 4,132 3,189
Travel 568 609 549 532
Periodicals and printing 97 71 114 97
Training 3,684 2,493 2,182 2,872
Outsourcing fee 12,115 10,674 11,339 9,750
Supplies 628 713 661 654
Insurance 37 105 42 47
Entertainment 151 137 143 179
Conference 156 142 111 92
Ordinary R&D expenses 16 51 5 9
Repairs and maintenance 562 832 657 226
Bad debt expenses 2,599 109 1,368 677
Depreciation 1,319 1,284 1,240 1,198
Amortization 3,895 4,267 4,649 5,206
Others 0 0 0 0
Operating profit 23,396 21,801 20,799 20,176
Non-operating profit 793 1,888 2,083 2,899
Interest 460 319 218 390
Dividend 0 0 0 0
Gain on valuation of equity method -85 202 660 902
Gain on stake variation for equity method stocks 0 0
Gain on valuation of marketable securities 0 0 0 0
Gain on disposal of invested assets 0 0 0 0
Gain on disposal of property & equipment 1 1 0 0
Others 417 1,366 1,205 1,608
Non-operating expenses 6,445 3,801 3,913 3,204
Interest 1,088 1,173 1,160 1,127
Loss on disposition of inventories -2,297 1,286 1,011 0
Loss on valuation of equity method 0 0 0 0
Loss on stake variation for equity method stocks 0 0 0 0
Loss on disposition of property & equipment 4280 19 165 19
Loss of impairment on tangible & intangible assets 2,019 0 388 712
Donations 1,204 313 229 64
Others 151 1,010 959 1,281
Pretax profit 17,744 19,887 18,968 19,870
Taxes 3,211 5,469 4,384 5,510
Net profit 14,534 14,418 14,384 14,360

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