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Inventories
12 Months Ended
Dec. 31, 2018
Inventories [Abstract]  
Inventories
16.

Inventories

Inventories as of December 31, 2017 and 2018 are as follows:

 

            2017  
            Acquisition cost      Valuation allowance     Book value  
            In millions of won  

Raw materials

          3,528,835        (2,829     3,526,006  

Merchandise

        107        —         107  

Work-in-progress

        138,709        (1,028     137,681  

Finished goods

        72,923        (1,517     71,406  

Supplies

        1,581,661        (3,940     1,577,721  

Inventories in transit

        679,358        —         679,358  

Other inventories

        9,807        —         9,807  
     

 

 

    

 

 

   

 

 

 
          6,011,400        (9,314     6,002,086  
     

 

 

    

 

 

   

 

 

 

 

            2018  
            Acquisition cost      Valuation allowance     Book value  
            In millions of won  

Raw materials

          3,886,739        (2,609     3,884,130  

Work-in-progress

        189,907        (1,028     188,879  

Finished goods

        50,526        —         50,526  

Supplies

        1,858,751        (3,907     1,854,844  

Inventories in transit

        1,196,113        —         1,196,113  

Other inventories

        13,761        —         13,761  
     

 

 

    

 

 

   

 

 

 
          7,195,797        (7,544     7,188,253  
     

 

 

    

 

 

   

 

 

 

The reversals of the allowance for loss on inventory valuation due to increase in the net realizable value of inventory deducted from cost of sales for the years ended December 31, 2016, 2017 and 2018 were ₩2,473 million, ₩437 million and ₩3,723 million, respectively.

The amounts of loss from inventory valuation included in other gains or losses for the years ended December 31, 2016, 2017 and 2018 were ₩2,683 million, ₩3,875 million and ₩1,953 million, respectively.