Binggrae

Corporate Bill: A1 Credit Rating; Best level
in adequate
repayment capacity; High stability

* It is the credit rating evaluation standard of corporate bill in 2012.

Corporate Bill: A1 Credit Rating; Best level
in adequate
repayment capacity; High stability

*It is the credit rating evaluation standard of corporate bill in 2012.

Corporate Bill: A1 Credit Rating; Best level
in adequate
repayment capacity; High stability

* It is the credit rating evaluation standard of corporate bill in 2012.

Revenue Structure

Revenue Structure : Sales Status, Sales Structure
Sales Status	Sales Structure	Sales Performance
Sales Status	Sales Structure	The 52th (~2017/12)	The 51th (~2016/12)	The 50th (~2015/12)
Refrigerated Items (Unit: 1M KRW)	Domestic	467,383	473,412	444,850
	Export	19,146	19,865	15,213
	Total	486,529	493,277	460,063
Frozen and Other Items (Unit: 1M KRW)	Domestic	328,502	283,713	310,059
	Export	26,289	27,150	25,316
	Total	354,791	310,863	335,375
Total (Unit: 1M KRW)	Domestic	795,885	757,125	754,909
	Export	45,435	47,015	40,529
	Total	841,320	804,140	795,438

Revenue Structure

Revenue Structure : Sales Status, Sales Structure
Sales Status : Refrigerated Items (Unit: 1M KRW)
Sales Structure : Domestic
The 52th (~2017/12)	467,383
The 51th (~2016/12)	473,412
The 50th (~2015/12)	444,850
Sales Structure : Export
The 52th (~2017/12)	19,146
The 51th (~2016/12)	19,865
The 50th (~2015/12)	15,213
Sales Status : Frozen and Other Items (Unit: 1M KRW)
Sales Structure : Domestic
The 52th (~2017/12)	328,502
The 51th (~2016/12)	283,713
The 50th (~2015/12)	310,059
Sales Structure : Export
The 52th (~2017/12)	26,289
The 51th (~2016/12)	27,150
The 50th (~2015/12)	25,316
Sales Status : Total (Unit: 1M KRW)
Sales Structure : Domestic
The 52th (~2017/12)	795,885
The 51th (~2016/12)	757,125
The 50th (~2015/12)	754,909
Sales Structure : Export
The 52th (~2017/12)	45,435
The 51th (~2016/12)	47,015
The 50th (~2015/12)	40,529

Type	Meaning
AAA	Best capacity for repayment of principal and interest
AA	Excellent capacity for repayment of principal and interest but slightly lower than the bond of AAA
A	Good capacity for repayment of principal and interest with a possibility to be influenced by economic circumstance or environment
BBB	Good capacity for repayment of principal and interest with a possibility to be reduced in repayment of principal and interest by economic circumstance or environment in future
BB	No issue in repayment of principal and interest but may have a risk in future
B	Lack of capacity for repayment of principal and interest and uncertain to interest payment in recession
CCC	Unstable component in repayment of principal and interest and high risk of default
CC	More risk than the above ratings
C	High risk of default and no capacity for repayment of principal and interest
D	Irredeemable

Type	Meaning
A1	Best adequate repayment capacity and high stability
A2	Excellent adequate repayment capacity
A3	Fine adequate repayment capacity and possible to be influenced by transition of environment
B	With a risk of having lower stability by environment
C	High risk
D	Currently in default (irredeemable)

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