Advance payment to be made in accordance with the policy for payment of deposit and intermediate payment for defense industry
4. Total balance of advance payment (KRW)
99,670,897,000
5. Date of board resolution (decision date)
2022-04-21
- Attendance of outside directors
Present (No.)
-
Absent (No.)
-
- Attendance of auditors (members of Audit Committee who are not outside directors)
-
6. Other matters to be factored into investment decisions
- In line 1, Due to security concerns with national defense contract, only name of the company with the biggest payment to be received is disclosed and full list of companies are not to be disclosed.
- In line 2, amount of advance payment is the amount that will be paid to the subcontractors for contracts including Satellite Communication related contract from the advance payment received by Defense Acquisition Program Administration
(Value Added Tax not included)
- In line 2, equity capital is from annual report of fiscal year 2021.
- In line 4, total balance of advance payment includes amount of the advance payment determined to be paid through this event.
- In line 5, Date of board resolution refer to the date the internal decision has been made.
- Financial Syatements of payee below refers to the consolidated financial statement of SK Inc. who is the payee with the biggest payment to be received.(FY2021(Current fiscal year), FY2020(Previous fiscal year), FY2019(Two fiscal years prior)
※ Related disclosure
-
【Condensed Financial Statements of Payee】(in KRW mn)
Category
Total assets
Total liabilities
Total shareholders' equity
Capital stock
Sales
Net income
Current fiscal year
165,380,861
99,815,712
65,565,149
16,143
98,325,016
5,718,424
Previous fiscal year
137,667,906
85,807,988
51,859,918
15,385
80,818,755
-108,432
Two fiscal years prior
132,611,423
80,435,391
52,176,032
15,385
97,184,175
1,606,039
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LIG Nex1 Co. Ltd. published this content on 21 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2022 08:04:09 UTC.
LIG Nex1 Co Ltd is a Korea-based company mainly engaged in the research, development and production of weapon systems. The Company provides weapons systems mainly used in defense industry fields including precision guided munitions (PGMs), intelligence, surveillance and reconnaissance (ISR), avionics and electronic warfare (AEW), command, control, communications, computers, and information (C4I). PGMs products are composed of antiair, antiship and antisubmarine, earth, air to ground and underwater weapons. ISR products include search radars, tracking radars, image radars, electro-optical equipment, and underwater surveillance systems. AEW products include electronic warfare systems such as avionics, ship and aircraft electronic warfare and army electronic warfare. C4I products include communication terminals, radios and combat systems.
LIG NEX1 CO., LTD. 
