Assets Held-for-Sale

12 Months Ended

Dec. 31, 2024

Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]

42.	Assets Held-for-Sale

Assets

held-for-sale

as of December 31, 2023 and 2024 are as follows:


		2023		2024

		In millions of won
Land (*1,2)	￦		31,766		31,766
Buildings (*1,2)			13,881		13,881
Structures (*1)			1		1

	￦		45,648		45,648

(*1)

The board of directors of KEPCO Engineering & Construction Company, Inc., a subsidiary of the Company, made a resolution to sell its old office building in

Yongin-si,

Gyeonggi-do,

and reclassified the buildings, structures, and land as assets

held-for-sale

expecting its carrying amount would be recovered through a sale transaction. In accordance with the resolution of the Board of Directors on April 1, 2022, a sales contract for the assets scheduled for sale was entered into on April 13, 2022, and the related down payment and interim payment of ￦81,392 million were recorded as long-term advance received.

(*2)

The board of directors of Korea Electric Power Corporation, the controlling company, made a resolution to sell the Uijeongbu substation, and reclassified the buildings and land as assets

held-for-sale

expecting its carrying amount would be recovered through a sale transaction during the year ended December 31, 2022. Although it is expected to take more than a year to complete the sale transaction, the Company decided that the definitive purchase contract is still valid as a result of discussions with the counterparty.