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Overview

트위터 페이스북
K-water History Our Values

Duties

  • Construction, operation, and management of facilities for the comprehensive use and development of water resources
  • Construction and management of metropolitan waterworks (including industrial waterworks) facilities
  • Development of industrial complexes and special-purpose zones
  • Contracted-out operation of local waterworks and sewage
  • Construction, operation, and management of renewable energy facilities

History

  • Nov. 16, 1967: Korea Water Resources Development Corporation established
  • Feb. 1, 1974: Reorganized into the Industrial Sites and Water Resources Development Corporation
    (Oct. 15, 1974: Headquarters relocated from Seoul to Daejeon)
  • Jul. 1, 1988: Reorganized into the Korea Water Resources Corporation
    (Law No.3997, Korea Water Resources Corporation Act enacted on Dec. 4, 1987)

Capital

  • Legal Capital: KRW 10 trillion
  • Paid-in Capital: KRW 8.9009 trillion (as of Dec. 31, 2019)
Components of Ownership : KRW 8.900 Trillion - Government 82,925 (93.2%), Korea Development Bank 6,084(6.8%)

Organization and Staff

  • Headquarters: one vice-president, 5 divisions , 7 head offices (department·institute), 38 departments (office)
  • On-Site Branches: 7 head offices, 20 departments (center·institute), 74 branches (institute)

(Unit: Person)

Organization and Staff
Total Senior Executives Grade 1 Grade 2 Grade 3-5 Grade 6-8 Specialized
Positions
6,337 7 58 380 3,542 263 2,087

Finance and Budget

Overview of Assets and Debts (based on the 2019 Financial Statement)

Assets : KRW 22.2548 trillion, Debts : KRW 13.9194 trillion (debt ratio: 167.0%)

Debt Trend 2017 136,333 188.5% / 2018 140,096 179.9% / 2019 139,194 167.0%

Assets, Debts, and Capital (Unit: KRW 100 Million)

Assets, Debts, and Capital
Assets Debts Capital
222,548 139,194 83,354

Overview of Profit and Loss (based on the 2018 Financial Statement)

Current Term Net Profit: KRW 1.306 trillion

Net Profit Trend 2017 1,849 / 2018 2,402 / 2019 1,306

Profit and Cost (Unit: KRW 100 Million)

Profit and Cost
Total Revenue Total Cost Net Profit
31,904 30,598 1,306

※ Net Profit occurred due to the investment cost resulting from the Four River Project (Net profit is KRW 339.6 billion when excluding the investment costs for the project).

Overview of Budget

Size of the 2021 Budget: KRW 6.233 trillion

(Unit: KRW 100 Million)

Overview of Budget
Types 2020 Budget
(A)		 2021 Budget
(B)		 Increase
(B-A) %
Total 52,885 62,330 9,445 18.0
Investment Projects 16,817 18,993 2,176 13.0
Managed Projects 36,068 43,337 7,269 20.0