Hanil Cement (003300)   STOCK (Unit : %, Times) Fiscal Year End 2003.12.31 2004.12.31 2005.12.31 2006.12.31 2007. 6.30 Net Income to Total Assets 11.46  11.93  6.05  4.30  9.27  Ordinary Income to Total Assets 16.92  15.86  7.82  6.30  12.19  Operating Profit to Working Capital 23.04  16.06  6.65  5.02  3.04  Net Income to Equity 14.39  14.07  6.89  4.94  10.87  Net Income to Sales 15.68  18.00  12.12  8.70  19.38  Ordinary Income to Sales 23.15  23.93  15.66  12.75  25.48  Operating Income to Sales 26.30  19.47  10.37  7.79  4.56  Total Income to Sales 37.13  32.20  25.51  22.48  20.57  Times Interest earned 38.00  216.16  306.58  265.71  622.66  Financial Expenses/Sales 0.63  0.11  0.05  0.05  0.04  Equity to Total Assets 81.96  87.51  88.24  85.96  84.72  Liability to Equity 22.01  14.27  13.33  16.33  18.03  Borrowings & Bonds to Assets 1.57  1.02  0.76  0.61  0.52  Current Liabilities to Equity 19.95  12.13  10.21  12.75  13.56  Fixed Assets to Equity & L/T Liabilities 78.28  74.80  72.64  73.66  76.99  Fixed Ratio 79.89  76.40  74.90  76.30  80.44  Current Ratio 211.14  312.27  376.39  313.99  277.24  Quick Ratio 194.53  275.65  333.43  283.42  252.94  Debt Coverage Ratio 1,235.46  4,546.82  8,384.22  5,418.52  8,811.89  Total C/F to Liabilities 100.13  111.56  61.58  33.95  -     Business Capital Turn over 0.88  0.82  0.64  0.65  0.67  Total Assets Turn over 0.73  0.66  0.50  0.49  0.48  Trade Receivables Turn over 3.68  3.45  3.18  3.45  3.20  Inventories Turn over 26.03  19.97  12.89  13.71  15.65  Trade Payables Turn over 11.33  10.52  8.36  8.04  7.32  Sales Growth 8.94  - 2.71  - 19.26  5.53  8.24  Total Asset Growth 8.31  6.32  7.85  5.77  9.74  Equity Growth 15.18  13.52  8.74  3.04  8.16  (Unit : %) Fiscal Year End 2002.12.31 2003.12.31 2004.12.31 2005.12.31 2006.12.31 Cost of Sales 65.68  62.87  67.80  74.49  77.52  Selling & General Adm.Exp. 9.10  10.84  12.72  15.14  14.69  R & D Costs 0.36  0.42  0.41  0.49  -  Depreciation 7.12  5.78  5.47  5.66  5.14  Financial Expenses 1.22  0.63  0.11  0.05  0.05  Operating Income 25.22  26.30  19.47  10.37  7.79  Ordinary Income -  -  -  -  -  Income before Income Taxes 13.80  23.15  23.93  15.66  12.75  Net Profit 9.16  15.68  18.00  12.12  8.70  (Unit : 100Mn. Won, %) Fiscal Year End 2002.12.31 2003.12.31 2004.12.31 2005.12.31 2006.12.31 Total Debt 749.0  138.1  95.2  76.6  65.0  Short-Term Debt -  -  -  -  -  Current Portion of L/T Debt 580.5  72.0  24.5  7.8  10.6  Long-Term Debt 168.5  66.1  70.6  68.8  54.3  Short-Term Debt to Total Debt -  -  -  -  -