ⓒ NAVER Corp.
DisclaimerAll financial information contained in this document is based on K-IFRS.
This document contains information and financial data that have not been audited by an independent auditor. The reason for our earnings release announcement prior to an independent auditor's audit is to communicate our financial results to the market and investors in a timely manner.
Therefore, the information and financial data contained in this document are subject to change upon
an independent auditor's audit.
The company does not make any representation or warranty, as to the accuracy or completeness
of the information contained in this material. And we are not responsible for the update on content that described current facts.
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Earnings Summary (Consolidated)
(bn KRW)
4Q14
3Q15
4Q15
Growth
2015
Growth
Y/Y
Q/Q
Y/Y
Operating revenue
746.8
839.7
890.0
19.2%
6.0%
3,251.2
17.9%
Ads
540.2
587.0
646.9
19.7%
10.2%
2,322.4
15.0%
Contents
192.3
235.1
217.3
13.0%
-7.6%
851.3
25.8%
Other
14.3
17.6
25.9
80.4%
46.8%
77.4
23.4%
Operating expenses
553.0
640.2
686.5
24.1%
7.2%
2,489.0
24.4%
Operating income
193.9
199.5
203.6
5.0%
2.0%
762.2
0.5%
Margin(%)
26.0%
23.8%
22.9%
-3.1%p
-0.9%p
23.4%
-4.0%p
Pre-tax income
198.1
189.5
134.2
-32.3%
-29.2%
708.3
7.5%
Tax
67.7
72.7
-7.3
n/a
n/a
191.3
-19.3%
Net income from continuing operations
130.4
116.8
141.5
8.5%
21.1%
517.0
22.6%
Discontinued operations income
-0.7
-
-
n/a
n/a
-
n/a
Net income
129.7
116.8
141.5
9.1%
21.1%
517.0
14.4%
* To reflect the nature of the sales, LINE character goods revenue was reclassified as other revenue from contents revenue
Stock-based compensation(SBC) in 4Q15 was 27.5 bn KRW, and ex-SBC operating income was 231.0 bn KRW with the margin of 26.0%
Accumulated deferred revenue of LINE in 4Q15 was 88.6bn KRW, resulting from such permanent items as sticker, free coin, theme, play, game, etc.
/ Fourth Quarter and FY2015 Earnings Results
- Revenue Proportion (Consolidated)
/ Fourth Quarter and FY2015 Earnings Results
(bn KRW)
(bn KRW)
746.8 740.6
780.8
839.7
890.0
746.8
740.6
780.8
31%
839.7
35%
890.0
33%
48% 49%51%
56%
56%
32% 33%
52% 51% 49% 44% 44%
68% 67% 69% 65%
67%
4Q14 | 1Q15 | 2Q15 | 3Q15 | 4Q15 | 4Q14 | 1Q15 | 2Q15 | 3Q15 | 4Q15 |
PC | Mobile | Domestic | Overseas |
Naver Corporation issued this content on 28 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 January 2016 22:58:28 UTC
Original Document: http://www.navercorp.com/nhnen_/ir/EarningsRelease/2016/4Q15_Naver_Earnings_Eng_FINAL.pdf