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Inventories

12 Months Ended

Dec. 31, 2019

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Inventories

8. Inventories

Inventories as at December 31, 2018 and 2019, are as follows:

		December 31, 2018												December 31, 2019
(In millions of Korean won)		Acquisition cost				Valuation allowance				Book amount				Acquisition cost				Valuation allowance				Book amount
Merchandise		￦	794,020			￦	(113,581	)		￦	680,439			￦	805,691			￦	(144,438	)		￦	661,253
Others			394,195				—				394,195				130,424				—				130,424
Total		￦	1,188,215			￦	(113,581	)		￦	1,074,634			￦	936,115			￦	(144,438	)		￦	791,677

Cost of inventories recognized as expenses for year ended December 31, 2019, amounts to ￦ 3,905,630 million (2017: ￦ 3,855,089 million, 2018: ￦ 3,926,199 million) and valuation loss on inventory recognized amounts to ￦ 30,857 million for year ended December 31, 2019 (2017: valuation loss on inventory amounts to ￦ 11,165 million, 2018: valuation loss on inventory amounts to ￦ 55,288 million,).

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The entire disclosure for inventories.

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-URIDate 2019-03-27

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