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Borrowings (Tables)

12 Months Ended

Dec. 31, 2025

Statement [LineItems]

Summary Disclosure of Detailed Information about Exchangeable Bonds Explanatory


		Foreign currency exchangeable bonds
Type of bond		Exchangeable bonds
Aggregate principal amount(*1)		EUR 27,100,000
Interest rate		- Coupon rate : -
		- Yield to maturity : (0.78%)
Maturity date		September 1, 2026
Redemption		1) Redemption at maturity : Outstanding bond principal, which is not repaid early or which call option is not excercised on, is repaid at maturity as a lump sum
		2) Prepayment : The issuer has call option and the bondholders have put option
Exchange rate		100%
Exchange price(*2) (Won/share)		422,126
Underlying shares		Registered common shares(treasury shares)
Exchange period		From October 12, 2021 to August 22, 2026
Adjustments for exchange price		Adjusting the exchange price according to the terms and conditions of the bond in the events of reason for adjusting the exchange price such as, bonus issue, stock split, reverse stock split, change of share type, issuance of options or warranties to shareholders, share dividend, cash dividend, issuance of new shares under the market price.
Put option by bondholders		- In the event of a change of control of the controlling company
		- Where the shares issued by the controlling company are delisted (or suspended for more than 30 consecutive trading days)
Call option by the issuer		- Share price(based on closing price) is higher than 130% of exchange price for more than 20 trading days during 30 consecutive trading days in a row, after 3 years (September 1, 2024) from the closing day to 30 business days before the maturity of bonds
		- When the outstanding balance of outstanding bonds is less than 10% of the total issuance (Clean-Up Call)
		- Where additional reasons for tax burden arise due to the amendment of relevant laws and regulations, etc

(*1)	Due to put option exercised by bondholders, EUR 1,038,800,000 was redeemed out of the total face value of convertible bonds of EUR 1,065,900,000 during the year ended December 31, 2024.

(*2)	The exchange price has changed due to cash dividends paid during the year ended December 31, 2025.

Summary of Assets Pledges as Collateral

(c)	Assets pledged as collateral for the Company’s borrowings and other liabilities include investment property and right-of-use assets (right to use land). The details of assets pledged as collateral as of December 31, 2025 are as follows:


(in millions of Won)		Lenders		Book value				Pledged amount
Property, plant and equipment and Investment property		Korea Development Bank and others		￦	5,005,832				5,318,147
Trade accounts and notes receivable		Korea Development Bank and others			136,758				136,758
Financial instruments		Korea Development Bank and others			27,314				27,314
Cash equivalents		Shinhan Bank			272,631				272,631

				￦	5,442,535				5,754,850

Short-term borrowings and current portion of long-term borrowings [member]

Statement [LineItems]

Summary of Borrowings

(a)	Short-term borrowings and current portion of long-term borrowings as of December 31, 2024 and 2025 are as follows:

(in millions of Won)

Bank

Issuance date

Maturity date

Interest
rate (%)

2024

2025

Short-term borrowings

Bank overdrafts

JP Morgan and
others

January 2025~
December 2025

January 2026~
December 2026

3.40~6.20

￦

85,892

137,852

Short-term borrowings

HSBC and others

January 2025~
December 2025

January 2026~
December 2026

0.75~7.95

5,647,199

7,294,105

5,733,091

7,431,957

Current portion of long-term liabilities

Current portion of long-term borrowings

Export-Import Bank
of Korea and others

December 2006~
December 2025

January 2026~
December 2026

1.00~8.50

1,323,002

1,302,568

Current portion of debentures

KB Securities co.,Ltd.
and others

July 2019~
September 2024

January 2026~
September 2026

1.77~5.63

4,024,084

3,340,036

Less: Current portion of discount on debentures issued

(3,483

)

(1,648

)

Current portion of exchangable bonds

Foreign currency
exchangable bonds

September 2021

September 2026

39,053

44,509

5,382,656

4,685,465

￦

11,115,747

12,117,422

The issuance conditions of the exchangeable bonds issued by the Company are as follows.

Long-term borrowings [member]

Statement [LineItems]

Summary of Borrowings

(b)	Long-term borrowings, excluding current portion as of December 31, 2024 and 2025 are as follows:


(in millions of Won)		Bank		Issuance date		Maturity date		Interest rate (%)				2024				2025
Long-term borrowings		Export-Import Bank of Korea and others		September 2001~ December 2025		January 2027~ December 2040			1.05 ~ 8.25			￦	4,868,703				6,605,336
Less: Present value discount													(51,173	)			(49,101	)
Debentures		KB Securities co.,Ltd. and others		July 2019~ October 2025		January 2027~ May 2035			1.77 ~ 8.40				10,108,600				9,859,696
Less: Discount on debentures issued													(44,510	)			(41,353	)

												￦	14,881,620				16,374,578