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Financial Income and Costs | 12 Months Ended
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Dec. 31, 2018
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Financial Income and Costs |
28. | Financial Income and Costs
Details of financial income for the years ended December 31, 2016, 2017 and 2018, are as follows:
(In millions of Korean won) |  | 2016 |  |  | 2017 |  |  | 2018 |
Interest income |  | ￦ | 115,686 |  |  | ￦ | 93,078 |  |  | ￦ | 244,796 |
Gain on foreign currency transactions |  |  | 24,915 |  |  |  | 79,653 |  |  |  | 17,175 |
Gain on foreign currency translation |  |  | 12,165 |  |  |  | 225,580 |  |  |  | 3,691 |
Gain on settlement of derivatives |  |  | 8,515 |  |  |  | — |  |  |  | 27,950 |
Gain on valuation of derivatives |  |  | 109,436 |  |  |  | 57 |  |  |  | 66,305 |
Others |  |  | 25,422 |  |  |  | 7,960 |  |  |  | 14,326 |
Total |  | ￦ | 296,139 |  |  | ￦ | 406,328 |  |  | ￦ | 374,243 |
Details of financial costs for the years ended December 31, 2016, 2017 and 2018, are as follows:
(In millions of Korean won) |  | 2016 |  |  | 2017 |  |  | 2018 |
Interest expenses |  | ￦ | 337,219 |  |  | ￦ | 302,464 |  |  | ￦ | 296,874 |
Loss on foreign currency transactions |  |  | 37,936 |  |  |  | 40,303 |  |  |  | 49,156 |
Loss on foreign currency translation |  |  | 121,949 |  |  |  | 12,239 |  |  |  | 72,642 |
Loss on settlement of derivatives |  |  | 632 |  |  |  | 58,569 |  |  |  | — |
Loss on valuation of derivatives |  |  | 138 |  |  |  | 209,582 |  |  |  | 2,045 |
Loss on disposal of trade receivables |  |  | 15,838 |  |  |  | 20,355 |  |  |  | 13,818 |
Impairment loss on available-for-sale financial assets |  |  | 966 |  |  |  | 9 |  |  |  | — |
Others |  |  | 409 |  |  |  | 1,010 |  |  |  | 1,124 |
Total |  | ￦ | 515,087 |  |  | ￦ | 644,531 |  |  | ￦ | 435,659 |

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- Definition The disclosure of finance income (cost). [Refer: Finance income (cost)] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_10_e&doctype=Standard -URIDate 2018-03-16 + Details
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- Definition Text block [abstract] + References No definition available. + Details
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