receivable aging and assessment of past debt collection experience. Accordingly, the Corporate Group has experienced very little bad debts and has not found any irregularity in 2017 and there was no bad debt
Agreements in accordance with TFRIC 4 “Determining whether an arrangement contains a lease” and found that the agreement is finance lease. The Group then derecognized building and equipment and recognized to
within the same working day the cause of amendment found and must record the reason for each amendment. Clause 14. A securities company shall provide an inspection of the client’s assets under its custody
the cause of amendment found and must record the reason for each amendment. Clause 14. A securities company shall provide an inspection of the client’s assets under its custody at least once a month in
meaning as the definition of such term under the Notification of the Capital Market Supervisory Board governing Qualifications and Other Prohibited Characteristics of Directors and Executives of Securities
resulting, gross profit as decrease from the previous year. However, considering the gross profit of each business in the Group, it was found that the gross profit margin was significantly higher than the
steel will increase in the future. Remarks: 1. For antitrust reasons, worldsteel no longer produces a monthly global capacity utilisation ratio. Information on capacity can be found on the OECD website. 7
utilisation ratio. Information on capacity can be found on the OECD website. 6 G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 (Revised) The main raw materials (Pig iron