Story of a Big Player from Gangnam

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Depending on the company, there were also many places to make annual income reporting in December. In particular, by affiliate companies, presidents often made profit or loss from the previous year and the next year's business plans in December.

However, Gu Gu Cho received several income reports in early January. Companies under Jiechi do not have a publicly listed company and are not yet in the form of a large corporation, so Guggenho decided to go around and receive reports.

The reporting schedule was to be communicated to each other through the chief executive officer of Diageo's development.

It was the previous year's results and business plan report for GE Mobile. Kim Min-hwa, managing director, has decided to make the announcement as of last year, because he does not yet have the group form. All the executives were present. The Secretary of State at GE Mobile has placed the Guggenhorn in the center of the lake.

Gu took a seat and looked around the conference room. President of Invoicewan and Principal Oh Jun-hyung of the Research Institute; Executive Director Choi Jun-young; Executive Director Kim Min-hwa; Production Director Park Jong-seok; and the newly promoted Director of Quality Recognition Profit.

“Get started."

Gu Gun Ho said in a calm tone.

Kyung-hwa Kim stood up and handed out handouts. And then I started reporting. I didn't hear a cough.

“In the last year, we saw gross sales up 35% over the previous number of riders at 1102 billion. As you know, the increase is mostly due to the increase in electronic sales of A ”

“Hmm."

"The cost of sales is 8.3 billion KRW and the gross profit is 2.9 billion KRW. 19% compared to sales. The general administration fee is KRW 11 billion and operating profit is KRW 99 billion. ”

“What is the operating profit margin? ”

“Nine percent. ”

“What is the cost ratio to sales?

“81%. ”

“The cost ratio can't go below 80%. Watch and continue. ”

“Non-operating costs have decreased slightly over the previous year by 2.4 billion, and the pre-tax net income will be 7.5 billion. ”

“Hmm.”

“Given the income tax, the net income after tax will be 58.5 billion.

Gu Gu said after drinking water.

“How much debt do we have now? ”

Song answered before the executive director.

“Thirty billion.”

“You still have quite a bit left, don't you think? ”

“20 billion.”

“I won't get paid again, so repay 5 billion in financial debt. ”

“I understand.”

“We haven't received an annual income report from Dijon Korea, but there's also a likelihood that about 3 billion people will flow this way as the building's capital increases. ”

“Oh, really? ”

Gu Gun-ho and Song were mostly talking, and the other executives were just listening to the notes.

“Then let's make it a debt repayment. So that leaves 27 billion in financial debt? “

“That's right.”

“Are the outstanding 20 billion won in handouts from the time of the wave industry? ”

“That's right.”

“Consider this a reduction in sales activity for the next year. ”

“I understand.“

Song reported this year's business plan directly. Song hit his sales target at 140 billion this year.

Gu Gu did not listen to Song's report. I pretended to listen and thought differently.

[At 14 billion sales, we need to do well to generate 6 billion net income after tax. Even if we don't repay our debts and divide them, we divide them by five billion, minus the statutory reserves. Then how much will Minister Lee Jin-woo's father receive?]

[There is 15% stake, so there is also dividend income tax and local tax, even if there is such a dividend. I think I only have about 700 million in my hand. Can we have 700 million in political capital? Or you could show me another card. “]

[Minister Lee Jin-woo should resign this year anyway. It is also because there are too many people there, but it is not a person who will stay in the ministry. After all, there is an election. We need to secure the ammo to manage the district. And he's not a congressman. He means bigger.]

“I'll finish my report. ”

This year's business plan report seemed to have ended. It seemed to be over while Gu Gu was thinking about something else. The details of the propulsion process were not that important for the relief effort. I only accepted the expression of my willingness to report.

“Good work. You've heard all of Song's business plans, right? We've had a lot of hard work last year, but we ask that you put a lot of effort into achieving your goals this year. Thank you for your hard work on the chair for a long time. ”

“I have a proposition. ”

Song suddenly raised his hand.

“Go ahead.”

“I've heard rumors that Dijon Korea is making 100% of its merit pay. Even though our performance did not reach Dijon Korea, our employees worked hard last year. ”

“Pay attention to your pay for performance. ”

“That's right.”

“What would the labor cost increase by 25% or 50%? Director Kim Min-hwa replied. ”

“We have 500 employees now, and even if we give it to people over a year old, we have to give it to 400, and if we give 50 percent to 400, we have 400 million, 25 percent, we have 200 million. ”

“If you give me 50 percent, I'll settle the debt, so let's say 25 percent. ”

“I was going to say 20 percent, but thank you on behalf of the waiter for 25 percent. Thank you!”

Song thanked the rest of the executives as they shouted "Thank you."

After the meeting, Gu Gun-suk called Director Park Jong-seok as the executives left the meeting.

“Dr. Park, come here. ”

Instead of going out, Dr. Park came to Gu Gu.

“What's wrong with your face? ”

“I can't sleep. ”

“Can't sleep? ”

“I've written a letter for the entrance exam of the Korean Technical and Education University. Interview tomorrow. I'm worried about falling. I can't sleep. ”

“Don't drink when you fall, what's the point of not sleeping? ”

“No, I think it would be embarrassing if I fell. ”

“Hey, Park Jong-seok! You've changed a lot. What, are you embarrassed by something like that? ”

“I don't know about you, but I don't. There are some middle managers in the production department who have left the Korean Technical Education College. My wife is looking forward to it, too, but she'll be embarrassed if she falls. “

“You have field skills that no one else has. Mr. Sakada Ikuzo, a world-class engineer, has also admitted it. ”

“It's not like that. I don't need an education when I'm working in a Fortune or Yanju machicoba factory, but I don't work here. If there's more than 500 employees, we'll need signage. Even those who came in for due diligence ask the factory what they specialize in. ”

“Hmm, really? ”

“If I said I didn't go to college, I thought the people who did the due diligence were laughing at me. And the kids downstairs. ”

“No matter how much I think about it, ”

“Also, my wife is overly interested and can be a burden. ”

“You seem to be having a useless struggle. Well, I went to cyber college, and I went back to a cutting-edge college in China because of the school laundering. ”

“That's why you married someone from Seoul University. ”

“Haha, is that so? ”

“I wish I'd hit a few more of his Toix. Oh, fuck! I regret not studying. ”

“Don't worry, you will. I'm going to flip the interview tomorrow. ”

“I'll go. “

Park Jong-seok stretched his shoulders and walked to Production B.

When Gu Gun-ho saw it, he was anxious.

“What if he really falls tomorrow? I don't think I can work because I'm snoring. What his education is. It takes a young engineer's life. ”

The Gugunate moved to Dijon Korea this afternoon. Immediately after lunch, an executive meeting was held.

There are income reports and production plans for this year, which allowed Yu Hee Yeol to come in. The gatherers included Adam Kassler, Kim Jong-moo, Yoon Sang-moo, Senior Auditor, Chairman of the Board, and Director Light-Sook and Interpreter Chae-jun.

The report said that the director of the lighting department agreed to: Since Gu liked documents more than PowerPoint, he distributed them to each attendee.

Kim Jong-moo joked when he saw the tanker.

“Hatchet, don't panic and report! ”

“I understand.”

Gu, sitting in the middle, said in a bold tone.

“Go ahead.”

Reporting of the tanker has begun.

“Please take a look at the handout. As you can see from the handout, last year's revenue in Diyonkorea reached 52.8 billion. Revenues were poor in the beginning, but later in the second half, sales increased for our affiliate, GE Mobile, and sales increased for our electronic partners, A, over the initial plan. ”

“Hmm.”

“Cost of goods sold is 37 billion, and the cost ratio will be 70% compared to sales. ”

The tanker looked at the face of Gu Gun-ho.

“Carry on."

“The general management fee is 4.2 billion and operating profit is 116 billion. 20 million KRW in non-operating earnings. The pre-tax profit will be 116 billion. ”

“Does 100% pay for performance reflect the cost of the sales application this time? ”

“We did. Pay for performance excluded less than a year in the job. ”

“Hmm, is that so? And the R&D (R&D) costs? ”

“We'll separate the cost of development. ”

Gu said, looking back at the senior auditor.

“Can I Asset R&D Costs when I create a B/S? ”

“Well, some biopharmaceuticals do, but there's a bit of a problem. ”

In one word, I felt the meeting was lengthened because a representative of mine had to translate because of Adam Castler. I felt like I had to make it simple and end it.

“So how much would you expect to make after taxes? ”

Senior auditor replied on behalf of the tanker.

“We're looking at nine billion. ”

“Nine billion. Adam Kassler! ”

Adam Kassler leans against the chair, and when the hook calls, he takes a surprise and improves his posture.

“Nine billion remaining is a nine billion increase. This is already from the board meeting. ”

“I'm not at liberty to make that decision, even if it's already out there. under the command of the Company. ”

“Please report to HQ. Let's say that. ”

‘Very well.'

“So Rymandell DiYonsa is 4.5 billion, and we're 4.5 billion. We had to take out three billion because we wanted to take out this new building. We have to send her back because she has a Phinens in Mobile. ”

“Then, does the Korean side increase to 3 billion in spot capital and 1.5 billion in cash? ”

“That's right.”

“Very well. I'll report it. ”

“Mr. Yoon is in charge of construction here, but he's gone a little over 3 billion when he built the building. But we asked them not to exceed three billion. “

“Haha, thank you. ”

Gu Gun-ho looked back at Yoon and said.

“Have you notarized your evaluation? ”

Instead of Yoon, the translator, Chae Myung Joon, replied.

He said, "I'm sorry. It's an emotional evaluation, but I haven't translated it yet. The holidays got stuck, so I couldn't do it fast. I'll have it notarized within the week. ”

“Hurry up.”

This time, Gu said, looking back at the senior auditor.

“If CPA external audit data comes out in March, deposit your income tax immediately. ”

“I understand.“

“And bring me the deed to the lawyers, minus the cost of 3 billion factory buildings, and send it to Mobil. I told Songsop in Mobil to pay off his financial debt when he came in from Dijon Korea. ”

“Very well, I'll take action. ”