Macquarie Korea Infrastructure Fund announced audited non-consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of KRW 226,782 million against KRW 219,488 million a year ago. Net profits were KRW 129,844 million or KRW 392 per share against KRW 153,811 million or KRW 464 per share a year ago. Net cash inflow from operating activities was KRW 157,635 million against KRW 229,594 million a year ago. Normalised Net Income was KRW 151,459 million or KRW 457 per share against KRW 164,772 million or KRW 497 per share a year ago. Excluding the WIC refinancing, KBICL restructuring and MKIF performance fee, revenue and net income decreased by 6.9% and 8.1%, respectively compared with the previous corresponding period (‘pcp’). The decrease in revenue reflects the drop in dividends paid by Incheon International Airport Expressway and Soojungsan Tunnel compared with pcp.