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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)
  • June 8, 2018: National Government Organization Act (revised)
    (Transferred under the Ministry of Environment)

Capital

  • Legal Capital: KRW 15 trillion
  • Paid-in Capital: KRW 9.8041 trillion (as of Dec. 31, 2021)
Components of Ownership : KRW 9.8041 Trillion - Government 91,957 (93.8%), Korea Development Bank 6,084(6.2%)

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 2021 Financial Statement)

Assets : KRW 23.4371 trillion, Debts : KRW 13.5473 trillion (debt ratio: 137.0%)

Debt Trend 2019 139,194 167.0% / 2020 138,350 152.6% / 2021 135,373 137.0%

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

Assets, Debts, and Capital
Assets Debts Capital
234,371 135,473 98,898

Overview of Profit and Loss (based on the 2021 Financial Statement)

Current Term Net Profit: KRW 4.2779 trillion

Net Profit Trend 2018 2,402 / 2019 1,306 / 2020 3,186

Current Term Net Profit (Unit: KRW 100 Million)

Current Term Net Profit
2019 2020 2021
1,306 3,186 3,421

Profit and Cost (Unit: KRW 100 Million)

Profit and Cost
Total Revenue Total Cost Net Profit
42,779 39,358 3.421

※ 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