Research Article

The Analysis of Feasibility of Sale of Public Sports Center in Korea

Table 1

Cash flow performance of public sports center in Bundang and Ilsan (unit: KRW 1 million).

Bundang20162017201820192020Average of 5 years

Profit5,6855,8135,9896,1986,3426,005
Cost6,3406,5076,7627,0157,2066,766
Profit and loss−654−695−773−817−863−761
Cash flow (profits and losses + depreciation cost)1074898515382
Ilsan20162017201820192020Average of 5 years
Profit6,6036,5736,6096,5716,5386,579
Cost7,1847,0756,9686,9286,9947,030
Profit and loss−581−501−358−357−456−451
Cash flow (profits and losses + depreciation cost)241275358296197273