Hanil Feed (005860)   KOSDAQ (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 - 1.97  - 3.65  0.48  - 2.06  14.88  Ordinary Income to Total Assets - 4.13  - 0.99  1.80  - 1.42  14.17  Operating Profit to Working Capital - 2.48  4.50  3.62  5.23  5.23  Net Income to Equity - 4.37  - 8.22  1.03  - 4.70  36.83  Net Income to Sales - 1.27  - 2.74  0.36  - 1.51  10.12  Ordinary Income to Sales - 2.67  - 0.74  1.36  - 1.04  9.64  Operating Income to Sales - 1.01  2.25  1.88  2.85  2.75  Total Income to Sales 10.26  18.03  18.09  17.14  13.85  Times Interest earned - 1.69  0.46  1.79  0.43  8.07  Financial Expenses/Sales 0.99  1.38  1.71  1.82  1.36  Equity to Total Assets 43.43  45.49  47.89  40.65  40.21  Liability to Equity 130.25  119.83  108.81  146.03  148.71  Borrowings & Bonds to Assets 46.01  42.58  39.30  45.32  44.96  Current Liabilities to Equity 104.20  95.76  87.96  132.25  136.56  Fixed Assets to Equity & L/T Liabilities 107.61  91.81  95.64  86.36  94.22  Fixed Ratio 135.64  113.91  115.58  98.26  105.67  Current Ratio 90.79  110.61  105.99  111.73  104.75  Quick Ratio 65.26  78.86  81.24  78.62  64.80  Debt Coverage Ratio 5.02  2.42  19.76  8.58  55.88  Total C/F to Liabilities 12.09  5.55  14.82  9.94  -     Business Capital Turn over 2.47  2.00  1.93  1.83  1.92  Total Assets Turn over 1.55  1.33  1.33  1.36  1.47  Trade Receivables Turn over 7.74  6.58  6.65  7.19  7.90  Inventories Turn over 12.33  10.50  10.89  9.33  7.37  Trade Payables Turn over 35.88  33.42  38.03  42.22  42.21  Sales Growth 4.62  - 21.02  - 3.41  16.69  38.82  Total Asset Growth - 13.70  - 1.88  - 4.01  31.60  8.80  Equity Growth - 19.04  2.77  1.06  11.69  7.63  (Unit : %) Fiscal Year End 2003.12.31 2004.12.31 2005.12.31 2006.12.31 2007.12.31 Cost of Sales 88.73  89.74  81.97  81.91  82.86  Selling & General Adm.Exp. 10.65  11.27  15.78  16.21  14.29  R & D Costs 0.49  -  0.41  0.60  0.60  Depreciation 1.49  1.34  1.83  2.72  2.55  Financial Expenses 0.80  0.99  1.38  1.71  1.82  Operating Income 0.61  - 1.01  2.25  1.88  2.85  Ordinary Income -  -  -  -  -  Income before Income Taxes 0.42  - 2.67  - 0.74  1.36  - 1.04  Net Profit 0.56  - 1.27  - 2.74  0.36  - 1.51  (Unit : 100Mn. Won, %) Fiscal Year End 2003.12.31 2004.12.31 2005.12.31 2006.12.31 2007.12.31 Total Debt 252.5  227.8  206.9  183.3  278.2  Short-Term Debt 202.5  177.8  156.9  138.3  243.2  Current Portion of L/T Debt -  -  5.0  10.0  10.0  Long-Term Debt 50.0  50.0  45.0  35.0  25.0  Short-Term Debt to Total Debt 80.20  78.06  75.83  75.45  87.42