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Inventories (Tables)
12 Months Ended
Dec. 31, 2021
Classes of current inventories [abstract]  
Inventories
Inventories as of December 31, 2020 and 2021 are as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
           
2020
 
           
Acquisition cost
    
Valuation allowance
   
Book value
 
           
In millions of won
 
Raw materials
            3,602,073        (885     3,601,188  
Merchandises
              234        —         234  
Work-in-progress
              148,067        —         148,067  
Finished goods
              42,070        —         42,070  
Supplies
              2,280,682        (7,892     2,272,790  
Inventories-in-transit
              666,967        —         666,967  
Other inventories
              11,593        —         11,593  
             
 
 
    
 
 
   
 
 
 
              6,751,686        (8,777     6,742,909  
             
 
 
    
 
 
   
 
 
 
     
           
2021
 
           
Acquisition cost
    
Valuation allowance
   
Book value
 
           
In millions of won
 
Raw materials
            3,655,588        (1,247     3,654,341  
Merchandises
              512        —         512  
Work-in-progress
              180,220        —         180,220  
Finished goods
              27,254        —         27,254  
Supplies
              2,541,028        (3,869     2,537,159  
Inventories-in-transit
              1,195,148        —         1,195,148  
Other inventories
              13,548        —         13,548  
             
 
 
    
 
 
   
 
 
 
              7,613,298        (5,116     7,608,182  
             
 
 
    
 
 
   
 
 
 
The reversals of the allowance for loss on inventory valuation due to increase in the net realizable value of inventories deducted from cost of sales for the years ended December 31, 2019, 2020 and 2021 were ₩4,872 million, ₩2,020 million and ₩11,422 million, respectively.
The amounts of loss from inventory valuation included in other gains or losses for the years ended December 31, 2019, 2020 and 2021 were ₩3,127 million, ₩4,998 million and ₩7,761 million, respectively.