XML 123 R108.htm IDEA: XBRL DOCUMENT v3.23.1
Contingencies and Commitments (Tables)
12 Months Ended
Dec. 31, 2022
Contingencies and Commitments [Abstract]  
Summary of Ongoing Litigations Related With Contingent Liabilities And Contingent Assets
(1)
Ongoing litigations and claims related with contingent liabilities and contingent assets as of December 31, 2021 and 2022 are as follows:
 
    
2021
    
2022
 
    
Number
of cases
    
Claim
amount
    
Number
of cases
    
Claim
amount
 
    
In millions of won
 
As the defendant
     683      689,415        653      981,878  
As the plaintiff
     284        784,453        238        599,809  
Summary of Credit Lines Provided By Financial Institutions
(3)
Lines of credit provided by financial institutions as of December 31, 2022 are as follows:
 
Commitments
  
Financial institutions
  
Currency
 
Credit
limit
 
  
Used amount
 
 
  
 
  
 
 
 
 
  
 
 
 
  
In millions of won and thousands of foreign currencies
 
Commitments on Bank-overdraft
   Nonghyup Bank and others    KRW     1,910,500        53,416  
Limit amount available for CP
   Hana Bank and others    KRW     3,250,000        3,250,000  
General Loan, etc.
   Hana Bank and others    KRW     3,000,000        3,000,000  
Limit amount available for card
  
Hana Bank and others
Banco de Oro
  
KRW
PHP
   
47,424
5,000
 
 
    
2,615
3,000
 
 
Loan limit
  
Korea Development Bank and others
DBS Bank Ltd and others
  
KRW
USD
   
2,023,728
1,385,000
 
 
    
1,369,694
143,841
 
 
Certification of payment on payables from foreign country
   Nonghyup Bank    USD     12,028        8,040  
Certification of payment on L/C
   Credit Agricole and others    USD     1,317,245        402,677  
   Kookmin Bank and others    EUR     48,122        31,472  
     Shinhan Bank    JPY     481,785        —    
Certification of Performance guarantee on contract
s
   Hana Bank and others    KRW     127,606        106,020  
     First Abu Dhabi Bank and others    USD     1,092,590        788,404  
     Korea Development Bank and others    JPY     620,000        620,000  
     Hana Bank and others    EUR     3,965        3,965  
     Shinhan Bank    INR     44,872        —    
     Hana Bank    SAR     1,509        1,509  
Certification of bidding
   Hana Bank    USD     5,200        —    
     Export-Import Bank of Korea    EUR     10,000        10,000  
Advance payment bond, Warranty bond, Retention bond and others
   Export-Import Bank of Korea    KRW     106,776        75,900  
     Hana Bank and others    USD     306,251        282,224  
     Hana Bank and others    MXN     21,597        20,027  
Others
   Nonghyup Bank and others    KRW     1,216,250        300,936  
     Export-Import Bank of Korea and others    USD     733,318        510,094  
     Standard Chartered    AED     50        50  
     Shinhan Bank    SAR     3,000        3,000  
Inclusive credit
   Hana Bank    KRW     8,000        667  
     Kookmin Bank    USD     135,000        45,909  
     Hana Bank    INR     —          323,837  
Equity Bridge Loan Guarantee
   Mizuho Bank and others    USD     1,685,955        1,141,788  
Trade finance
   Export-Import Bank of Korea and others    USD     970,000        —    
Summary of Blank Check And Assets Provided As Collaterals Or Pledges To Financial Institutions By The Company Explanatory
(4)
As of December 31, 2022, blank check and assets provided as collaterals or pledges to financial institutions by the Company are follows:
 
Obligor
  
Creditor
  
Assets provided as security
  
Currency
 
Amount
 
  
Description
 
  
 
  
 
  
 
 
 
 
  
 
 
  
In millions of won and thousands of foreign currencies
Mira Power Limited
   International Finance
Corporation and others
   Property, plant and equipment and others    USD     275,600      Collateral for borrowings(*1)
Tamra Offshore Wind Power Co., Ltd.
  
Kyobo Life Insurance Co., Ltd. and others
  
Property, plant and equipment and others
  
KRW
 
 
171,600
 
  
Collateral for borrowings(*2)
Gyeonggi Green Energy Co., Ltd.
  
Korea Development Bank and others
  
Cash and cash equivalents and others
  
KRW
 
 
327,080
 
  
Collateral for borrowings(*2)
Commerce and Industry Energy Co., Ltd.
  
IBK and others
  
Property, plant and equipment and others
  
KRW
 
 
110,500
 
  
Collateral for borrowings(*2)
KOSPO Youngnam Power Co., Ltd.
  
Shinhan Bank and others
  
Cash and cash equivalents and others
  
KRW
 
 
744,120
 
  
Collateral for borrowings(*2)
Gyeongju Wind Power Co., Ltd.
  
Shinhan Bank and others
  
Property, plant and equipment and others
  
KRW
 
 
68,400
 
  
Collateral for borrowings(*2)
Korea Offshore Wind Power Co., Ltd.
  
Woori Bank and others
  
Property, plant and equipment and others
  
KRW
 
 
293,400
 
  
Collateral for borrowings(*2)
Qatrana Electric Power Company
  
The Islamic Development Bank and others
  
Finance lease receivable and property, plant and equipment and others
  
JOD
 
 
136,623
 
  
Collateral for borrowings(*1)
KST Electric Power Company, S.A.P.I. de C.V.
  
The Export—Import Bank of Korea and others
  
Finance lease receivable and property, plant and equipment and others
  
USD
 
 
401,277
 
  
Collateral for
debt securities(*1)
Incheon Fuel Cell Co., Ltd.
   Kookmin Bank and others    Cash and cash equivalents and others    KRW     276,960      Collateral for borrowings(*2)
K-Solar Shinan Co., Ltd. (formerly, TS Energy No. 25 Co., Ltd.)
  
Kyobo Life Insurance Co., Ltd. and others
   Property, plant and equipment and others   
KRW
 
    329,736      Collateral for borrowings(*2)
Jeongam Wind Power Co., Ltd.
  
KDB Capital Corporation and others
  
Cash and cash equivalents and others
  
KRW
    235,809      Collateral for borrowings(*2)
 
(*1)
This is based on the amount of loan commitment limit.
 
(*2)
As of December 31, 2022, the Company has established guarantees for pledge for transfer of rights of long-term borrowings, pledge for insurance claims, pledge for shares, etc.