XML 34 R18.htm IDEA: XBRL DOCUMENT
v3.20.1

Investment Properties | 12 Months Ended
--- | ---
Dec. 31, 2019
Text block [abstract] |
Investment Properties |
12. | Investment Properties
Changes in investment properties for the years ended December 31, 2018 and 2019, are as follows:
(In millions of Korean won) |  | 2018 |
| Land |  |  | Buildings |  |  | Construction- in-progress |  |  | Total |
Acquisition cost |  | ￦ | 358,358 |  |  | ￦ | 1,191,687 |  |  | ￦ | 39,973 |  |  | ￦ | 1,590,018 |
Less: Accumulated depreciation |  |  | (1,568 | ) |  |  | (398,919 | ) |  |  | — |  |  |  | (400,487 | )
Beginning, net |  |  | 356,790 |  |  |  | 792,768 |  |  |  | 39,973 |  |  |  | 1,189,531 |
Acquisition |  |  | 1,111 |  |  |  | 7 |  |  |  | 74,145 |  |  |  | 75,263 |
Disposal and termination |  |  | (4,729 | ) |  |  | (10,238 | ) |  |  | — |  |  |  | (14,967 | )
Depreciation |  |  | — |  |  |  | (44,653 | ) |  |  | — |  |  |  | (44,653 | )
Transfer from(to) property and equipment |  |  | 3,080 |  |  |  | (5,366 | ) |  |  | (37,077 | ) |  |  | (39,363 | )
Transfer and others |  |  | (7,404 | ) |  |  | 9,597 |  |  |  | (76,920 | ) |  |  | (74,727 | )
Ending, net |  | ￦ | 348,848 |  |  | ￦ | 742,115 |  |  | ￦ | 121 |  |  | ￦ | 1,091,084 |
Acquisition cost |  | ￦ | 350,417 |  |  | ￦ | 1,168,379 |  |  | ￦ | 121 |  |  | ￦ | 1,518,917 |
Less: Accumulated depreciation (including accumulated impairment loss and others) |  |  | (1,569 | ) |  |  | (426,264 | ) |  |  | — |  |  |  | (427,833 | )
(In millions of Korean won) |  | 2019 |
| Land |  |  | Buildings |  |  | Construction- in-progress |  |  | Total |
Acquisition cost |  | ￦ | 350,417 |  |  | ￦ | 1,168,379 |  |  | ￦ | 121 |  |  | ￦ | 1,518,917 |
Less: Accumulated depreciation |  |  | (1,569 | ) |  |  | (426,264 | ) |  |  | — |  |  |  | (427,833 | )
Beginning, net |  | ￦ | 348,848 |  |  | ￦ | 742,115 |  |  | ￦ | 121 |  |  | ￦ | 1,091,084 |
Changes in accounting policy 1 |  |  | — |  |  |  | 46,666 |  |  |  | — |  |  |  | 46,666 |
Acquisition |  |  | 148,511 |  |  |  | 103,774 |  |  |  | 1,781 |  |  |  | 254,066 |
Disposal and termination |  |  | (285 | ) |  |  | (1,408 | ) |  |  | — |  |  |  | (1,693 | )
Depreciation |  |  | — |  |  |  | (65,178 | ) |  |  | — |  |  |  | (65,178 | )
Transfer from property and equipment |  |  | 33,254 |  |  |  | 8,081 |  |  |  | — |  |  |  | 41,335 |
Transfer and others |  |  | 23,268 |  |  |  | (2,118 | ) |  |  | — |  |  |  | 21,150 |
Ending, net |  | ￦ | 553,596 |  |  | ￦ | 831,932 |  |  | ￦ | 1,902 |  |  | ￦ | 1,387,430 |
Acquisition cost |  | ￦ | 555,164 |  |  | ￦ | 1,323,518 |  |  | ￦ | 1,902 |  |  | ￦ | 1,880,584 |
Less: Accumulated depreciation (including accumulated impairment loss and others) |  |  | (1,568 | ) |  |  | (491,586 | ) |  |  | — |  |  |  | (493,154 | )
1 | With the application of IFRS 16, right-of-use-assets were partially reclassified to investment properties (Note 21).
The fair value of investment properties is ￦ 2,304,583 million as at December 31, 2019 (December 31, 2018: ￦ 1,821,061 million). The fair value of investment properties is estimated based on the expected cash flow. Rental income from investment properties is ￦ 198,636 million in 2019 (2018: ￦ 207,795 million) and direct operating expenses (including repairs and maintenance) arising from investment properties that generated rental income during the period are recognized as operating expenses. As at December 31, 2019, the Group (Lessor) has entered into a non-cancellable operating lease contract relating to real estate lease. The future minimum lease fee under this contract is ￦ 100,443 million for one year or less, ￦ 120,939 million more than one year and less than five years, ￦ 58,410 million over five years, and ￦ 279,792 million in total. Details of investment properties provided as collateral as at December 31, 2018 and 2019, are as follows:
(In millions of Korean won) |  | December 31, 2018 |
|  | Carrying amount |  |  | Secured amount |  |  | Related account |  | Related amount |
Land and Buildings |  | ￦ | 548,567 |  |  | ￦ | 66,551 |  |  | Deposits |  | ￦ | 59,492 |
Land and Buildings |  | ￦ | 5,292 |  |  | ￦ | 3,987 |  |  | Borrowings |  | ￦ | 3,322 |
(In millions of Korean won) |  | December 31, 2019 |
|  | Carrying amount |  |  | Secured amount |  |  | Related account |  | Related amount |
Land and Buildings |  | ￦ | 854,874 |  |  | ￦ | 62,896 |  |  | Deposits |  | ￦ | 56,831 |
Land and Buildings |  | ￦ | 1,915 |  |  | ￦ | 3,044 |  |  | Borrowings |  | ￦ | 1,903 |

X
- Definition The entire disclosure for investment property. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 40 -IssueDate 2019-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=40&code=ifrs-tx-2019-en-r&doctype=Standard&dita_xref=IAS40_g74-79_TI -URIDate 2019-03-27 + Details
Name: | ifrs-full_DisclosureOfInvestmentPropertyExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Text block [abstract] + References No definition available. + Details
Name: | kt_TextBlockAbstract
Namespace Prefix: | kt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration