Korea Cement Co., Ltd. (003660)   STOCK (Unit : %, Times) Fiscal Year End 2004.12.31 2005.12.31 2006.12.31 2007.12.31 2008. 3.31 Net Income to Total Assets 4.02  0.34  0.14  0.20  - 6.41  Ordinary Income to Total Assets 6.48  0.33  0.96  1.08  - 6.18  Operating Profit to Working Capital 5.20  - 2.44  0.42  0.42  0.42  Net Income to Equity 5.76  0.45  0.19  0.33  - 12.33  Net Income to Sales 5.98  0.42  0.18  0.32  - 15.30  Ordinary Income to Sales 9.63  0.41  1.26  1.67  - 14.75  Operating Income to Sales 6.79  - 2.53  0.44  0.50  - 1.86  Total Income to Sales 24.95  22.60  20.70  17.20  16.69  Times Interest earned 116.53  3.15  2.11  1.60  - 1.56  Financial Expenses/Sales 0.08  0.19  1.14  2.79  5.76  Equity to Total Assets 69.83  80.52  69.28  55.00  49.25  Liability to Equity 43.21  24.19  44.34  81.81  103.05  Borrowings & Bonds to Assets 7.34  3.06  15.37  27.54  38.17  Current Liabilities to Equity 31.41  13.25  15.03  65.45  86.33  Fixed Assets to Equity & L/T Liabilities 71.76  76.96  69.13  98.60  112.77  Fixed Ratio 80.22  85.38  89.39  114.72  131.62  Current Ratio 200.52  292.94  365.54  102.49  82.73  Quick Ratio 163.14  221.98  307.41  94.71  71.73  Debt Coverage Ratio 84.47  181.78  76.11  14.75  - 5.87  Total C/F to Liabilities  -  13.90  10.64  4.63  -     Business Capital Turn over 0.77  0.96  0.96  0.84  0.59  Total Assets Turn over 0.67  0.81  0.76  0.64  0.42  Trade Receivables Turn over 5.64  6.18  5.28  4.54  3.38  Inventories Turn over 8.21  10.20  11.28  15.16  11.09  Trade Payables Turn over 13.15  17.81  18.64  18.27  10.70  Sales Growth  -  11.74  - 5.32  2.04  0.10  Total Asset Growth  -  - 13.61  16.32  24.34  8.77  Equity Growth  -  - 0.38  0.08  - 1.29  - 2.60  (Unit : %) Fiscal Year End 2004. 3.31 2004.12.31 2005.12.31 2006.12.31 2007.12.31 Cost of Sales 77.44  75.05  77.40  79.30  82.80  Selling & General Adm.Exp. 17.84  18.16  25.13  20.26  16.70  R & D Costs -  -  -  -  -  Depreciation 2.69  2.96  5.64  2.80  3.04  Financial Expenses 0.01  0.08  0.19  1.14  2.79  Operating Income 4.72  6.79  - 2.53  0.44  0.50  Ordinary Income -  -  -  -  -  Income before Income Taxes 2.46  9.63  0.41  1.26  1.67  Net Profit 1.58  5.98  0.42  0.18  0.32  (Unit : 100Mn. Won, %) Fiscal Year End 2004. 3.31 2004.12.31 2005.12.31 2006.12.31 2007.12.31 Total Debt 70.0  120.1  43.2  252.5  562.8  Short-Term Debt 66.2  116.4  39.7  49.7  269.7  Current Portion of L/T Debt 0.1  0.1  0.1  0.2  200.1  Long-Term Debt 3.6  3.5  3.3  202.6  92.9  Short-Term Debt to Total Debt 94.58  96.92  91.80  19.69  47.93