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Business Combination (Tables)
 12 Months Ended
Dec. 31, 2020
Disclosure of detailed information about business combination [Abstract]  
Disclosure of business combinations

Details of the business combination that occurred for the year ended December 31, 2019 are as follows:

 

Company

    Key operation
activities		    Date of
merger		      Transfer
price		  
     In millions of won  

Eumseong Natural Gas Power Co., Ltd.

    Power generation      2019.12.23        225,758  
Details of the transfer price at fair value given by the acquirer of the business combination


Details of the transfer price at fair value given by the acquirer of the business combination for the year ended December 31, 2019 are as follows:

 

Type

           Amounts  
            In millions of won  

Cash and cash equivalents(*)

    ￦        166,700  

Fair value of the shares owned before the acquisition

         59,058  
     

 

 

  
   ￦        225,758  
     

 

 

  

 

  (*)

The outstanding payment of ￦10,000 million as of December 31, 2019, has been received during the current year.

 
The fair values of assets and liabilities acquired through the business combination at the acquisition date

The fair values of assets and liabilities acquired through the business combination at the acquisition date for the year ended December 31, 2019 are as follows:

 

Type

           Amounts  
            In millions of won  

Fair value of the identifiable assets

    ￦     

Current assets

      

Cash and cash equivalents

         2,389  

Trade and other receivables

         55  

Non-current assets

      

Property, plant and equipment

         54  

Intangible assets

         172,434  

Other assets

         60  

Fair value of the identifiable liabilities

      

Current liabilities

      

Borrowings

         (2,900 ) 

Non-current liabilities

      

Deferred tax liabilities

         (41,729 ) 
     

 

 

  
   ￦        130,363  
     

 

 

  
Details of goodwill resulting from the business combination

Details of goodwill resulting from the business combination for the year ended December 31, 2019 are as follows:

 

Type

           Amounts  
            In millions of won  

Fair value of transfer price

    ￦        225,758  

Less : Fair value of the identifiable net assets

         (130,363 ) 
     

 

 

  
   ￦        95,395  
     

 

 

  
Net cash outflows from the business combination

Net cash outflows from the business combination for the years ended December 31, 2019 and 2020 are as follows:

 

Type

           2019      2020  
            In millions of won  

Cash paid for the acquisition

    ￦        156,700        10,000  

Less: Cash and cash equivalents received

         (2,389 )       —    
     

 

 

     

 

 

  
   ￦        154,311        10,000