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Finance Expenses (Tables)
12 Months Ended
Dec. 31, 2024
Finance Expenses [Abstract]  
Summary of Finance Expenses
(1)
Finance expenses for the years ended December 31, 2022, 2023 and 2024 are as follows:
 
 
           
2022
    
2023
    
2024
 
                             
           
In millions of won
 
Interest expense
          2,818,546        4,451,659        4,665,095  
Losses on sale of financial assets
        1,841        1        434  
Losses on valuation of financial assets at fair value through profit or loss
        44,329        24,015        14,247  
Losses on valuation of derivatives
        371,038        148,412        127,822  
Losses on transaction of derivatives
        205,162        178,959        59,462  
Losses on foreign currency translation
        934,005        491,782        2,557,597  
Losses on foreign currency transaction
        346,711        49,677        90,485  
Losses on repayment of financial liabilities
        15        —         —   
Others
        25,144        2,513        20,086  
     
 
 
    
 
 
    
 
 
 
          4,746,791        5,347,018        7,535,228  
     
 
 
    
 
 
    
 
 
 
Summary of Interest Expenses
(2)
Details of interest expense included in finance expenses for the years ended December 31, 2022, 2023 and 2024 are as follows:
 
 
           
2022
    
2023
    
2024
 
                             
           
In millions of won
 
Trade and other payables
          204,078        200,440        191,918  
Short-term borrowings
        145,201        376,066        395,773  
Long-term borrowings
        204,037        407,915        465,352  
Debt securities
        2,388,517        3,634,680        3,857,917  
Other financial liabilities
        472,248        614,332        668,115  
     
 
 
    
 
 
    
 
 
 
        3,414,081        5,233,433        5,579,075  
Less: Capitalized borrowing costs
        (595,535      (781,774      (913,980
     
 
 
    
 
 
    
 
 
 
          2,818,546        4,451,659        4,665,095