hanarotelecom (HANAY) 6-K Live Filing

Over 15% Change in Revenue or Profit

1. Income					Increase/ Decrease		Rate
Statement (KRW)	2006		2005		Amount		(%)
Operating Revenue		1,723,346,384,966		1,444,411,001,380		278,935,383,586		19.3
Operating Income		30,842,808,215		53,228,472,695		-22,385,664,480		-42.1
Ordinary Income(Loss)		-86,046,821,891		-202,692,376,091		116,645,554,200		57.5
Net Income(Loss)		-86,046,821,891		-208,839,950,241		122,793,128,350		58.8
2. Balance Sheet(KRW)	2006				2005
Total Assets	2,854,445,027,854				2,980,100,819,349
Total Liabilities	1,361,278,819,067				1,412,513,962,759
Shareholders’ equity	1,493,166,208,787				1,567,586,856,590
Capital Stock	1,161,229,455,000				2,310,675,900,000
* Impaired capital rate(%) = [(capital-equity capital)/capital] x 100	N/A				32.2
* (ordinary loss/ equity capital) x 100(%)	5.8				8.8
3. Main Reasons for Changes in Profits/Losses	- Revenues rose 19% due to the revenue growth in broadband, voice and corporate business including leased line over last year. - - Operating profit fell by 42% due to the increased marketing expenses including expenses to acquire broadband subscribers. - - Net loss decreased mainly because of non-occurrence of one-time costs arising from the acquisition of Korea Thrunet Co.,Ltd.
4. Date of BOD resolution	February 7, 2007 - - Outside director: 5 out of 6 were present. - - Audit committee members who are not outside directors : Present
5. Others	The ordinary loss ratio for the previous fiscal year was calculated based on capital stock.
* Date of relevant disclosure	N/A

• The above-stated figures are unaudited preliminary financial data and could be subject to change.