13 FROM JAN. 01 TO DEC. 31, 2013
13 Table of Contents CEO 2 4 6 8 I. Business Report 1. 2. 3., 4. 3 5. 6. 7. 8., 9. 10. 11. 12 15 16 17 18 18 18 19 20 20 21 II. Audit Report 1. 2. 3. 24 25 26 III. Financial Report 1. 2. 3. 4. ( ) 5. 6. 1. 2. 3. 4. 5. 30 32 33 34 35 36 37 39 40 41 42
LG화학은 1947년설립이래매년안정적인성장을거듭하며끊임없는기술개발과신제품출시, 품질혁신을통해국가경제발전과국민의삶의질향상에기여해온대한민국의대표적인화학기업입니다. 현재국내는물론세계주요거점에생산과판매, R&D 네트워크를구축하고전세계를대상으로사업을전개하고있습니다. 앞으로기존사업을고부가가치화하고정보전자소재를중심으로한미래승부사업을집중육성하는한편신규소재사업진출을적극추진함으로써, 차별화된소재와솔루션을제공하는세계적인기업으로성장할것입니다.
2 Company History 1947 1989 1990 1999 2000 2002 2000.07. 2000.10. 2000.11. PDP ABS (9) PVC 1947.01. ( ) 2001.03. 1951.11. ( ) 2001.04. 2001.10. (LGCI, LG, LG) PVC (9) 1954.06. 1959.03. 1962.08. 1966.01. 1966.03. ( ) 2002.02. 2002.04. 2002.08. 2002.12. 1,000 2 2 EP ABS (15) 1969.10. 1992.10. (PA) 1974.02. 1976.11. 1978.08. 1979.12. PVC PASTE RESIN 1993.04. 1994.10. 1995.02. 1996.11. 1997.04. HCFC LG Hindustan Polymer, EDC/CA, VCM 1982.09. 1984.03. 1985.01. 1987.05. PVC PASTE RESIN PS 1997.12. 1998.07. 1999.02. 1999.09. 1999.10., LG ABS DR 200 ( ) 2,, CCL (,, MBL ) 1999.10. LCD
3 LG,. LG. 2003 2007 2008 2013 2008.03. UDC OLED 2008.08., MOU 2008.09. SAP( ) 2003.06. 2008.09., 2003.07. 2003.08. PVC (10) 2009.04. 2009.05. (LG) SBS 2004.03. 2004.06. SBL 2009.06. 2009.09. 1 LG TFTLCD Glass 2004.07. 2004.11. 2004.12. ABS LG() 2010.01. 2010.04. 2010.07. 'HL' NCC ( 10, 4 ) 2005.01. LG 2010.10. LG 100% (50% ) 2005.06. 2005.07. 2005.07. 2005.11. 2005.12. (9.5) (2,600 m²) 2011.04. 2011.04. 2011.04. 2011.07. LG 1 NCC ( 15, 7.5 ) 2006.01. LG 2012.06. (16), SAP (8) 2006.12. (4,900 ) 2013.08. (10 / ) 2007.04. NCC ( 26, 13 ) 2013.12. High EVA (14), SSBR (6) 2007.11. LG
4 CEO Message, LG.
5, LG 13. 23 1,436, 1 7,430,.,,., SAP, SSBR, Global PE. LCD, OLED, Touch, Post LCD R&D. Battery Stepped / Curved Battery,.,.,,,.,,., R&D,.,.,,.,,.,,,, LG...,,.. 2014. 3. 14 LG
6 Vision & Value Vision,.,. ( ),.. Value...
BUSINESS AREA Petrochemicals 8 IT & Electronic Materials 9 Energy Solution 9
8 Business Area. Petrochemicals Division NCC/PO_, (Ethylene, Propylene) PE/PP. ABS_ /,,, ABS, ABS 1. PVC_, LG 1 PVC Maker. EP_ /,,,. /_ BD, MBS, SBS, Latex, PC/ BPA /. / (Acrylates/OXO Downstream)_ Global Major Player,.
9. &. IT & Electronic Materials Division Energy Solution Division _, 3D FPR Display,. _, LCD, OLED,,. IT FILM_, Film. LCD_ LCD 2012. _,. _ 10, Maker. _ Pack, BMS (Battery Management System) /UPS/ ESS. OLED_, OLED Top.
10
11 BUSINESS REPORT 1. 2. 3., 4. 3 5. 6. 7. 8., 9. 10. 11. 12 15 16 17 18 18 18 19 20 20 21
12 1. 1.,,,,,,,, CELL, PACK,,,,,,,,, 2. High EVA, SSBR
Business Report 13 3. 2 VCM, PA, SM,, PVC, ABS, NCC, EDC, PS, SAN, LDPE, PVC, VCM, ETHYLENE, PROPYLENE, MTBE, EO, EG, PE, PP,, SM,, ABS COMPOUND,, DOP DOP SAP LCD 2 55 ( ) 1 54 3 29 2 765 ( ) 99 ( ) 54 ( ) 275 15226 ( ) 658 188 ( ) 2635 63 () 4. 2013 12 31 5,489 5,852 11,341 1,156 122 1,278 6,645 5,974 12,619
14 1. 5. (1) ( :, ) 66,271,100 331,356 90% 7,628,921 38,144 10% 73,900,021 369,500 100% (2) : 13 (3) 12 31 1 1 1 31 ( : 12 31 ) : www.lgchem.com, 1/5/10/50/100/500/1,000/10,000 ( 8 ) : : 4 23 ( ) 6. ( : ) 441 2011.12.05 200,000 3.83 % 200,000 2014.12.05 442 2011.12.05 100,000 4.03 % 100,000 2016.12.05 451 2012.03.29 100,000 3.96 % 100,000 2015.03.29 452 2012.03.29 200,000 4.11 % 200,000 2017.03.29 600,000 600,000
Business Report 15 2. 1. ( : ) / 13 12 11 14,097,365 14,125,844 13,880,708 2,979,616 3,200,943 3,122,889 2,051,858 2,144,199 2,133,491 19,128,839 19,470,986 19,137,088 2. ( : ) / 13 12 11 4,689,260 4,724,472 4,924,258 9,834,541 9,818,154 9,413,473 14,523,801 14,542,626 14,337,731 96,237 87,032 78,165 2,869,373 3,149,524 3,022,961 2,965,610 3,236,556 3,101,126 178,834 182,104 131,751 2,587,690 2,481,504 2,239,265 2,766,524 2,663,608 2,371,016 4,964,331 4,993,608 5,134,174 15,291,604 15,449,182 14,675,699 20,255,935 20,442,790 19,809,873 3. ( : ) High EVA 154,660 SSBR 83,947 SAP 63,572 BPA 21,653 NCC LCD 17,550 39,649 51,093 24,458 54,846 33,604 545,032
16 3., 1. : 2. () ( ) KRW 600,000, / 120,000 LG Chem (China) Investment Co.,Ltd. USD 61,000 LG Chem Display Materials (Beijing) Co.,Ltd. USD 12,000, 90.00% Tianjin LG DAGU Chemical Co.,Ltd. USD 48,400 PVC, 75.00% Tianjin LG Bohai Chemical Co.,Ltd. USD 100,000 VCM/EDC, 65.00% LG Chem (Tianjin) Engineering Plastics Co.,Ltd. USD 8,550 EP Compounding, 90.00% LG Chem (Nanjing) Information & Electronics Materials Co.,Ltd. USD 265,972 /, 80.80% Ningbo LG Yongxing Chemical Co.,Ltd. USD 132,396 ABS/SBL /EP, 75.00% LG Chemical (Guangzhou) Engineering Plastics Co.,Ltd. USD 16,232 EP Compounding, LG Chem HK Ltd. USD 6,500 / 6,500,000 LG Chemical India Pvt. Ltd. INR 1,267,461, 126,746,122 LG Chem (Taiwan), Ltd. TWD 881,129 /,, 88,112,937 LGC Petrochemical India Private Limited INR 15,000 PVC/ABS/EP 150,000 LG Chem America, Inc. USD 3,225 / 1,290 LG Chem Michigan Inc. USD 59,130 1,000 LG Chem Power Inc. USD 17,790 1,000 LG Chem Europe GmbH LG Chem Poland Sp. z o.o. EUR PLN 1,500 / 36,880, EP, 368,797 LG CHEM BRASIL INTERMEDICAO DE NEGOCIOS DO SETOR QUIMICO LTDA. BRL 1,215 / LG Chem TK Kimya SANAYI VE TIC. Ltd. STI. TRY 300 /
Business Report 17 4. 3 1. ( ) ( : ) 13 12 11 1. 20,255,935 20,442,790 19,809,874 2. 17,291,982 17,482,874 16,192,361 3. 2,963,953 2,959,916 3,617,513 4. 1,384,684 1,232,956 1,095,131 5. 1,579,269 1,726,960 2,522,382 6. 542,229 492,835 665,311 7. 650,149 433,614 599,122 8. 1,471,349 1,786,181 2,588,571 9. 296,957 345,864 560,250 10. 1,174,392 1,440,317 2,028,321 2. ( ) ( : ) 13 12 11 15,387,176 14,784,787 13,419,017 1. 6,689,921 6,289,234 6,071,787 2. 8,697,255 8,495,553 7,347,230 4,309,275 4,584,153 4,317,404 1. 3,286,775 3,394,450 3,833,483 2. 1,022,500 1,189,703 483,921 11,077,901 10,200,634 9,101,613 1. 369,500 369,500 369,500 2. 1,166,764 1,166,764 1,166,764 3. (15,484) (15,484) (15,484) 4. (117) (516) 5. 9,557,121 8,679,971 7,581,349 15,387,176 14,784,787 13,419,017
18 5. 'CEO ' 6. IJ International ( ) LG 7. ( : ) ( )LG 22,219,326 33.53% () 3,472,476 5.24% THE GOVERNMENT OF SINGAPORE 1,228,129 1.85% SAUDI ARABIAN MONETARY AGENCY 1,046,604 1.58% * )
Business Report 19 8., ( ) () ( ) LG 3,325,680 50.00% ( ) HL( ) LG LG 87,798 2,842,000 19.95% 49.00% ( ) LG 120,000 LG Chem (China) Investment Co.,Ltd. LG LG Chem Display Materials (Beijing) Co.,Ltd. LG LG Chem (China) Investment Co.,Ltd. 90.00% 10.00% Tianjin LG Dagu Chemical Co.,Ltd. LG 75.00% Tianjin LG Bohai Chemical Co.,Ltd. LG LG Chem (China) Investment Co.,Ltd. 65.00% 10.00% Tianjin LG Botian Chemical Co.,Ltd. LG Tianjin LG Bohai Chemical Co.,Ltd. 40.64% 20.29% LG Chem (Tianjin) Engineering Plastics Co.,Ltd. LG LG Chem (China) Investment Co.,Ltd. 90.00% 10.00% LG Chem (Nanjing) Information & Electronics Materials Co.,Ltd. LG LG Chem (China) Investment Co.,Ltd. 80.80% 19.20% Ningbo LG Yongxing Chemical Co.,Ltd. LG 75.00% Ningbo Zhenhai LG Yongxing Trading Co.,Ltd. Ningbo LG Yongxing Chemical Co.,Ltd. LG Chemical (Guangzhou) Engineering Plastics Co.,Ltd. LG CNOOC & LG Petrochemicals Co.,Ltd. LG 50.00% LG Chem HK Ltd. LG 6,500,000 LG Holdings (HK) Ltd. LG 53,040,000 26.00% LG Chem (Taiwan), Ltd. LG 88,112,937 LG Chemical India Pvt. Ltd. LG 126,746,122 LG Polymers India Pvt. Ltd. LG Chemical India Pvt. Ltd. 126,330,000 LG VINA Chemical Co.,Ltd. LG 1,520,000 40.00% PT. Halim Samudra Interutama LG 750 12.10% KLPE Limited Liability Partnership LG 50.00% LGC Petrochemical India Private Limited LG 150,000 LG Chem America, Inc. LG 1,290 LG Chem Michigan Inc. LG 1,000 LG Chem Power Inc. LG 1,000 LG Chem Europe GmbH LG Chem Poland Sp. z o.o. LG LG 368,797 LG CHEM BRASIL INTERMEDICAO DE NEGOCIOS DO SETOR QUIMICO LTDA. LG LG Fuel Cell Systems Inc. LG 179 18.04% LG Chem TK Kimya SANAYI VE TIC. Ltd.STI. LG
20 9. ( :, ) 200,000 Nova Scotia 52,765 ($50M) BTMU 52,765 ($50M) 10.
Business Report 21 11. 1. 'CEO ' 2. 3 (1) ( ) ( : ) 13 12 11 1. 23,143,612 23,263,019 22,675,593 2. 19,834,673 19,955,076 18,594,862 3. 3,308,939 3,307,943 4,080,731 4. 1,565,895 1,397,620 1,261,973 5. 1,743,044 1,910,323 2,818,758 6. 571,159 484,263 662,869 7. 712,907 514,088 685,029 8. 1,601,296 1,880,498 2,796,598 9. 330,683 374,153 626,928 10. 1,270,613 1,506,345 2,169,670 (2) ( ) ( : ) 13 12 11 17,446,464 16,581,153 15,285,554 1. 8,031,617 7,452,938 7,256,212 2. 9,414,847 9,128,215 8,029,342 5,720,802 5,815,798 5,577,876 1. 4,597,877 4,338,012 4,723,904 2. 1,122,925 1,477,786 853,972 11,725,662 10,765,355 9,707,678 I. 11,596,946 10,629,299 9,553,482 1. 369,500 369,500 369,500 2. 1,157,772 1,157,772 1,157,772 3. (15,699) (15,699) (15,699) 4. (87,259) (86,977) (11,398) 5. 10,172,632 9,204,703 8,053,307 II. 128,716 136,056 154,197 17,446,464 16,581,153 15,285,554
22
23 AUDIT REPORT 1. 2. 3. 24 25 26
24 1. ( )LG 13 (2013. 1. 1. ~ 2013. 12. 31.). 1. ( ) 13.,.,,,,.,. ( ). 2. 13,,,,,. 3.. 2014 2 18 LG
Audit Report 25 2. LG 2013 12 31..,.., 2013 12 31,. 2014 2 18 LG
26 3. LG LG 2013 12 31 2012 12 31,,.......
Audit Report 27 LG 2013 2012 12 31. 2014 3 6 (2014 3 6 )..
28
29 FINANCIAL REPORT 1. 2. 3. 4. ( ) 5. 6. 1. 2. 3. 4. 5. 30 32 33 34 35 36 37 39 40 41 42
30 1. 13 13 2013 12 31 12 2012 12 31 ( : ) 12 I. 6,689,921 6,289,234 1. 2. 3. 4. 5. 6. 1,076,468 2,776,773 699,520 139,604 1,997,556 448,967 2,703,963 846,853 2,352 117,498 2,169,601 II. 8,697,255 8,495,553 1. 2. 3. 4. 5. 6. 7. 19,784 5,846 762,738 367,145 7,273,111 252,561 16,070 16,033 21,696 788,285 325,875 7,100,621 223,360 19,683 15,387,176 14,784,787
Financial Report 31 1. 13 13 2013 12 31 12 2012 12 31 ( : ) 12 I. 3,286,775 3,394,450 1. 2. 3. 4. 5. 6. 7. 924,340 989,400 1,132,555 2,239 113,934 124,307 1,193,446 940,086 1,012,874 154 1,840 120,682 125,368 II. 1,022,500 1,189,703 1. 2. 3. 4. 5. 75,577 706,008 17,402 50,022 173,491 14,463 909,675 11,240 104,213 150,112 4,309,275 4,584,153 1. 2. 3. 4. 5. 369,500 1,166,764 (15,484) 9,557,121 369,500 1,166,764 (15,484) (117) 8,679,971 11,077,901 15,387,176 10,200,634 14,784,787
32 2. I. II. III. IV. V. VI. VII. VIII. IX. X. XI. XII. XIII. 1. 2. 13 20,255,935 (17,291,982) 2,963,953 (1,384,684) 1,579,269 209,675 (189,772) 332,554 (460,377) 1,471,349 (296,957) 1,174,392 15,965 16,015 13 2013 1 1 2013 12 31 12 2012 1 1 2012 12 31 ( : ) 12 20,442,790 (17,482,874) 2,959,916 (1,232,956) 1,726,960 151,675 (98,191) 341,160 (335,423) 1,786,181 (345,864) 1,440,317 19,582 19,632
Financial Report 33 3. 13 13 2013 1 1 2013 12 31 12 2012 1 1 2012 12 31 ( : ) 12 I. II. 1,174,392 (2,605) 1,440,317 (46,776) 1. (1) (2) 2. (1) (2) (2,722) (3,590) 868 117 154 (37) (47,175) (62,237) 15,062 399 527 (128) III. 1,171,787 1,393,541
34 4. ( ) 13 2013 1 1 2013 12 31 ( 2014 3 14 ) 12 2012 1 1 2012 12 31 ( 2013 3 15 ) ( : ) 13 12 I. 1,171,670 1,393,142 1. 2. 1,174,392 1,440,317 3. (2,722) (47,175) II. 80,000 30,000 1. 80,000 30,000 III. 1,251,670 1,423,142 1. 5,721 2. 294,520 294,520 ( ( ) : 4,000 (80%) : 4,000 (80%) ( ) : 4,050 (81%) : 4,050 (81%)) 3. 957,150 1,122,901 IV.
Financial Report 35 5. 13 2013 1 1 2013 12 31 12 2012 1 1 2012 12 31 ( : ) 2012.1.1( ) 369,500 1,166,764 (15,484) (516) 7,581,349 9,101,613 1,440,317 1,440,317 (47,175) (47,175) 399 399 399 1,393,142 1,393,541 (294,520) (294,520) (294,520) (294,520) 2012.12.31( ) 369,500 1,166,764 (15,484) (117) 8,679,971 10,200,634 2013.1.1( ) 369,500 1,166,764 (15,484) (117) 8,679,971 10,200,634 1,174,392 1,174,392 (2,722) (2,722) 117 117 117 1,171,670 1,171,787 (294,520) (294,520) (294,520) (294,520) 2013.12.31( ) 369,500 1,166,764 (15,484) 9,557,121 11,077,901
36 6. 13 2013 1 1 2013 12 31 12 2012 1 1 2012 12 31 ( : ) I. 1. 2. 3. 4. 5. II. 1. (1) (2) (3) (4) 2. (1) (2) (3) (4) (5) (6) (7) III. 1. (1) 2. (1) (2) (3) IV. ()( + + ) V. VI. VII. ( + + ) 13 2,321,356 35,323 (50,184) 40,670 (279,036) 859,485 839,014 14,190 5,965 316 (1,941,212) (734,600) (17,959) (30,149) (25,420) (1,091,207) (41,877) (358,717) (64,199) (294,518) 2,068,129 (1,081,727) (358,717) 627,685 448,967 (184) 1,076,468 12 1,931,685 21,218 (53,550) 65,103 (391,688) 18,219 2 11,241 5,034 1,942 (2,473,285) (620,000) (13,327) (15,849) (54,800) (75,565) (1,661,049) (32,695) 757,451 757,451 (529,564) (235,039) (294,525) 1,572,768 (2,455,066) 227,887 (654,411) 1,105,301 (1,923) 448,967
Financial Report 37 1. 13 2013 12 31 12 2012 12 31 ( : ) I. 1. 2. 3. 4. 5. 6. 7. II. 1. 2. 3. 4. 5. 6. 7. 13 1,399,054 3,220,504 640,998 2,171 204,859 2,564,031 25,026 5,952 447,867 77,069 8,559,609 263,093 36,231 8,031,617 9,414,847 17,446,464 12 720,767 3,131,051 772,746 7,314 2,352 190,778 2,627,930 20,718 21,811 405,068 57,525 8,348,178 233,893 41,022 7,452,938 9,128,215 16,581,153
38 1. 13 2013 12 31 12 2012 12 31 ( : ) I. 1. 2. 3. 4. 5. 6. 7. II. 1. 2. 3. 4. 5. 13 1,268,291 838,021 2,206,848 2,045 134,946 147,726 76,346 803,634 17,481 51,911 173,553 4,597,877 1,122,925 5,720,802 12 1,522,395 766,231 1,751,781 154 1,943 142,901 152,607 15,070 1,195,126 11,263 105,901 150,426 4,338,012 1,477,786 5,815,798 I. 1. 2. 3. 4. 5. II. 369,500 1,157,772 (15,699) (87,259) 10,172,632 11,596,946 128,716 11,725,662 17,446,464 369,500 1,157,772 (15,699) (86,977) 9,204,703 10,629,299 136,056 10,765,355 16,581,153
Financial Report 39 2. 13 2013 1 1 2013 12 31 12 2012 1 1 2012 12 31 ( : ) I. II. III. IV. V. VI. VII. VIII. IX. X. XI. XII. XIII. 1. 2. XIV. 1. 2. 13 23,143,612 (19,834,673) 3,308,939 (1,565,895) 1,743,044 203,420 (236,554) 5,388 362,351 (476,353) 1,601,296 (330,683) 1,270,613 1,265,968 4,645 17,211 17,261 12 23,263,019 (19,955,076) 3,307,943 (1,397,620) 1,910,323 99,990 (153,938) 12,420 371,853 (360,150) 1,880,498 (374,153) 1,506,345 1,494,487 11,858 20,318 20,368
40 3. 13 13 2013 1 1 2013 12 31 12 2012 1 1 2012 12 31 ( : ) 12 I. II. 1,270,613 (1,125) 1,506,345 (130,760) 1. (1) (2) (3) 2. (1) (2) (3) (4) (2,763) (3,590) (41) 868 1,638 3,463 154 (2,508) 529 (47,250) (62,237) (75) 15,062 (83,510) (74,458) 527 (9,778) 199 III. 1. 2. 1,269,488 1,262,923 6,565 1,375,585 1,371,658 3,927
Financial Report 41 4. 13 2013 1 1 2013 12 31 12 2012 1 1 2012 12 31 ( : ) 2012.1.1( ) 369,500 1,157,772 (15,699) (11,398) 8,053,307 9,553,482 154,197 9,707,679 1,494,487 1,494,487 11,858 1,506,345 (47,175) (47,175) (47,175) (66,242) (66,242) (7,931) (74,173) 399 399 399 (9,736) (75) (9,811) (9,811) (75,579) 1,447,237 1,371,658 3,927 1,375,585 (294,520) (294,520) (21,627) (316,147) (1,321) (1,321) (441) (1,762) (295,841) (295,841) (22,068) (317,909) 2012.12.31( ) 369,500 1,157,772 (15,699) (86,977) 9,204,703 10,629,299 136,056 10,765,355 2013.1.1( ) 369,500 1,157,772 (15,699) (86,977) 9,204,703 10,629,299 136,056 10,765,355 1,265,968 1,265,968 4,645 1,270,613 (2,722) (2,722) (2,722) 2,010 2,010 1,920 3,930 117 117 117 (2,409) (41) (2,450) (2,450) (282) 1,263,205 1,262,923 6,565 1,269,488 (294,520) (294,520) (13,653) (308,173) (756) (756) (252) (1,008) (295,276) (295,276) (13,905) (309,181) 2013.12.31( ) 369,500 1,157,772 (15,699) (87,259) 10,172,632 11,596,946 128,716 11,725,662
42 5. 13 13 2013 1 1 2013 12 31 12 2012 1 1 2012 12 31 ( : ) 12 I. 2,182,884 1,765,709 1. 2. 3. 4. 5. 2,561,743 38,317 (90,370) 1,407 (328,213) 2,270,359 25,699 (99,505) 1,560 (432,404) II. (1,310,258) (2,654,608) 1. (1) (2) (3) (4) 2. (1) (2) (3) (4) (5) (6) 1,261,847 1,234,072 19,293 8,099 383 (2,572,105) (1,121,188) (23,428) (74) (25,420) (1,360,673) (41,322) 190,058 178,411 381 9,267 1,999 (2,844,666) (812,724) (15,850) (75,565) (1,907,427) (33,100) III. (198,802) 246,099 1. (1) 2. (1) (2) 339,848 339,848 (538,650) (230,245) (308,405) 1,013,942 1,013,942 (767,843) (451,684) (316,159) IV. ()(I+II+III) V. VI. VII. (IV+V+VI) 673,824 720,767 4,463 1,399,054 (642,800) 1,379,379 (15,812) 720,767
MEMO
128 LG ( )LG / 0237731114