XML 20 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements Of Cash Flows - KRW (₩)
₩ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from (used in) operating activities [Abstract]      
Profit for the period ₩ 1,441,394 ₩ 7,148,327 ₩ 13,416,373
Adjustments for: [Abstract]      
Income Tax Expense 2,172,824 3,365,141 5,239,413
Depreciation 9,660,039 8,881,273 8,269,118
Amortisation 113,672 79,715 72,266
Employee benefits expense 391,360 373,753 314,692
Bad debt expense 126,326 37,815 18,350
Interest expense 1,789,552 1,752,868 2,015,684
Losses on sale of financial assets 2,343 9 3,008
Losses on disposals of property, plant and equipment 70,514 4,996 1,933
Loss on abandonment of property, plant, and equipment 424,091 426,519 365,056
Impairment loss on property, plant and equipment 51,067 0 30,344
Impairment loss on intangible assets 20 3,945 22
Losses on disposal of intangible assets 183 158 16
Increase to provisions 1,690,120 1,782,732 1,602,724
Loss (gain) on foreign currency translation, net (902,878) 253,468 617,224
Valuation and transaction loss (gain) on derivative instruments, net 1,043,628 (231,630) (708,120)
Share in loss (income) of associates and joint ventures, net 81,688 18,926 (194,272)
Gains on disposal of financial assets (1,130) (1,482) (4)
Gains on disposal of property plant, and equipment (48,316) (74,035) (8,637,508)
Gains on disposal of intangible assets (564) 0 (32)
Gain on disposal of investments in associates and joint ventures (609) (52) (4,731)
Loss on disposal of investments in associates and joint ventures 0 2,935 0
Gain on disposal of investments in subsidiaries 0 0 (8,376)
Impairment loss on investments in associates and joint ventures 27,238 115,539 0
Interest income (206,143) (241,778) (241,585)
Dividends income (11,477) (9,446) (14,069)
Impairment loss on available-for-sale financial assets 2,713 86,703 84,370
Other inflows (outflows) of cash 16,679 66,260 (35,107)
Adjustments for Cash flows from operating activities 16,492,940 16,694,332 8,790,416
Changes in: [Abstract]      
Trade receivables (218,328) 200,529 715,498
Non-trade receivables (31,807) (68,322) (17,102)
Accrued income 577,838 69,151 17,051
Other receivables (1,271) 10,093 (9,441)
Other current assets 37,576 (259,492) 67,520
Inventories (1,373,438) (1,439,545) (1,190,188)
Other non-current assets (46,079) (2,792) (31,465)
Trade payables 342,126 141,994 (1,577,551)
Non-trade payables (214,704) (8,379) 38,223
Accrued expenses (715,305) (153,172) (410,744)
Other payables 292 0 964
Other current liabilities (126,323) 284,417 870,945
Other non-current liabilities 763,958 809,699 377,617
Investments in associates and joint ventures (dividends received) 106,983 75,407 114,708
Provisions (1,390,606) (1,527,129) (1,033,502)
Payments of employee benefit obligations (69,489) (53,477) (43,100)
Plan assets (325,080) (312,125) (214,449)
Changes in assets and liabilities Cash flows from operating activities (2,683,657) (2,233,143) (2,325,016)
Cash generated from operating activities 15,250,677 21,609,516 19,881,773
Dividends received (available-for-sale financial assets) 10,590 10,294 38,565
Interest paid (1,886,303) (2,041,379) (2,176,040)
Interest received 173,226 240,878 133,875
Income taxes paid (2,298,296) (3,298,757) (935,068)
Net cash flows from operating activities 11,249,894 16,520,552 16,943,105
Cash flows from investing activities [Abstract]      
Proceeds from disposals of associates and joint ventures 10,542 46,644 22,058
Acquisition of associates and joint ventures (206,753) (113,222) (116,114)
Proceeds from sales of property, plant and equipment 85,801 207,960 9,843,796
Acquisition of property, plant and equipment (12,535,958) (12,028,789) (14,049,887)
Proceeds from sales of intangible assets 1,072 430 467
Acquisition of intangible assets (143,887) (124,422) (87,946)
Proceeds from disposals of financial assets 5,296,680 10,876,017 242,856
Acquisition of financial assets (4,786,717) (8,130,621) (5,326,151)
Increase in loans (218,698) (206,092) (153,570)
Collection of loans 120,967 117,561 111,714
Increase in deposits (397,078) (468,734) (352,669)
Decrease in deposits 110,383 161,166 185,154
Proceeds from government grants 55,533 32,878 52,696
Net cash inflow (outflow) from changes in consolidation scope 0 3,754 (968)
Other cash inflow (outflow) from investing activities, net 1,414 (20,400) (145,406)
Net cash flows used in investing activities (12,606,699) (9,645,870) (9,773,970)
Cash flows from financing activities [Abstract]      
Proceeds from (Repayment of) short-term borrowings, Net 370,328 (49,604) (65,355)
Proceeds from long-term borrowings and debt securities 10,098,067 2,302,060 4,178,454
Repayment of long-term borrowings and debt securities (8,198,882) (7,750,047) (8,960,706)
Payment of finance lease liabilities (122,919) (118,215) (110,040)
Settlement of derivative instruments, net 33,434 73,246 73,348
Proceeds on disposal of partial interest in a subsidiary that does not involve loss of control 0 0 67,914
Change in non-controlling interest 23,582 10,538 36,105
Repayment of hybrid bond (99,750) 0 0
Dividends paid (hybrid bond) (15,856) (16,455) (16,455)
Dividends paid (1,340,387) (2,088,429) (409,884)
Other cash outflow from financing activities, net (2,023) (570) 0
Net cash flows from (used in) financing activities 745,594 (7,637,476) (5,206,619)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (611,211) (762,794) 1,962,516
Effect of exchange rate fluctuations on cash held (70,403) 31,082 24,249
Net increase (decrease) in cash and cash equivalents (681,614) (731,712) 1,986,765
Cash and cash equivalents at January 1 3,051,353 3,783,065 1,796,300
Cash and cash equivalents at December 31 ₩ 2,369,739 ₩ 3,051,353 ₩ 3,783,065