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Provisions

12 Months Ended

Dec. 31, 2017

26.

Provisions

(1)

Provisions as of December 31, 2016 and 2017 are as follows:


		2016				2017
		Current		Non-current		Current		Non-current
		In millions of won
Employment benefits
Provisions for employment benefits	￦		810,607		—		913,787		—
Litigation
Litigation provisions			79,359		118,878		48,621		24,955
Decommissioning cost
Nuclear plants			—		10,195,928		—		13,007,228
Spent fuel			—		1,374,225		—		1,339,046
Waste			2,566		1,476,936		11,494		1,626,877
PCBs			—		191,744		—		180,087
Other recovery provisions			—		507		—		6,659
Others
Power plant regional support program			152,851		—		153,756		—
Transmission regional support program			282,608		—		243,365		—
Provisions for tax			106		136		61		—
Provisions for financial guarantee			458		29,207		—		23,475
Provisions for RPS			417,404		—		271,624		—
Provisions for greenhouse gas emissions obligations			249,644		—		414,252		—
Others			4,385		39,590		80,538		16,387

	￦		1,999,988		13,427,151		2,137,498		16,224,714

(2)

Changes in provisions for the years ended December 31, 2016 and 2017 are as follows:


		2016
		Beginning balance		Increase in provision		Payment			Reversal			Others			Ending balance
		In millions of won
Employment benefits
Provisions for employment benefits	￦		718,365		1,047,342		(947,982	)		(7,108	)		(10	)		810,607
Litigation
Litigation provisions			167,965		124,931		(294,403	)		(20,736	)		220,480			198,237
Decommissioning cost
Nuclear plants			9,684,286		513,383		(1,741	)		—			—			10,195,928
Spent fuel			1,375,185		469,982		(470,942	)		—			—			1,374,225
Waste			1,502,140		49,092		(71,998	)		—			268			1,479,502
PCBs			182,400		30,675		(21,331	)		—			—			191,744
Other recovery provisions			862		—		—			(20	)		(335	)		507
Others
Power plant regional support program			129,655		50,252		(41,540	)		—			14,484			152,851
Transmission regional support program			228,785		253,664		(199,841	)		—			—			282,608
Provisions for tax			136		125		—			—			(19	)		242
Provisions for financial guarantee			4,288		29,741		—			(4,298	)		(66	)		29,665
Provisions for RPS			363,178		420,154		(309,975	)		(55,953	)		—			417,404
Provisions for greenhouse gas emissions obligations			78,829		298,618		(116,336	)		(11,467	)		—			249,644
Others			7,856		37,491		(2,699	)		(9	)		1,336			43,975

	￦		14,443,930		3,325,450		(2,478,788	)		(99,591	)		236,138			15,427,139


		2017
		Beginning balance		Increase in provision		Payment			Reversal			Others			Ending balance
		In millions of won
Employment benefits
Provisions for employment benefits	￦		810,607		984,896		(880,255	)		(1,461	)		—			913,787
Litigation
Litigation provisions			198,237		34,629		(152,461	)		(7,096	)		267			73,576
Decommissioning cost
Nuclear plants			10,195,928		2,818,033		(6,733	)		—			—			13,007,228
Spent fuel			1,374,225		307,682		(342,861	)		—			—			1,339,046
Waste			1,479,502		222,632		(63,763	)		—			—			1,638,371
PCBs			191,744		5,309		(14,266	)		(2,700	)		—			180,087
Other recovery provisions			507		5,939		—			—			213			6,659
Others
Power plant regional support program			152,851		94,039		(103,889	)		—			10,755			153,756
Transmission regional support program			282,608		143,178		(182,421	)		—			—			243,365
Provisions for tax			242		—		(25	)		(136	)		(20	)		61
Provisions for financial guarantee			29,665		3,760		—			(9,945	)		(5	)		23,475
Provisions for RPS			417,404		242,946		(388,726	)		—			—			271,624
Provisions for greenhouse gas emissions obligations			249,644		422,666		(256,758	)		(1,300	)		—			414,252
Others(*)			43,975		6,639		(3,348	)		(26,477	)		76,136			96,925

	￦		15,427,139		5,292,348		(2,395,506	)		(49,115	)		87,346			18,362,212

(*)	As described in note 50.(1), the Company believes that the possibility of economic outflow is probable on the cost of construction suspension of Shin-Kori Unit 5 and 6 for three months. For this reason, the Company recognized ￦77,261 million of provision as addition to construction-in-progress.