Financial Income and Costs

12 Months Ended

Dec. 31, 2019

28.	Financial Income and Costs

Details of financial income for the years ended December 31, 2017, 2018 and 2019, are as follows:


(In millions of Korean won)	2017		2018		2019
Interest income	￦	93,078	￦	244,796	￦	282,704
Gain on foreign currency transactions		79,653		17,175		24,596
Gain on foreign currency translation		225,580		3,691		17,979
Gain on settlement of derivatives		—		27,950		9,016
Gain on valuation of derivatives		57		66,305		77,353
Others		7,960		14,326		12,747

Total	￦	406,328	￦	374,243	￦	424,395

Details of financial costs for the years ended December 31, 2017, 2018 and 2019, are as follows:


(In millions of Korean won)	2017		2018		2019
Interest expenses	￦	302,464	￦	296,874	￦	268,225
Loss on foreign currency transactions		40,303		49,156		30,267
Loss on foreign currency translation		12,239		72,642		93,977
Loss on settlement of derivatives		58,569		—		20
Loss on valuation of derivatives		209,582		2,045		15,867
Loss on disposal of trade receivables		20,355		13,818		11,298
Impairment loss on available-for-sale financial assets		9		—		—
Others		1,010		1,124		2,277

Total	￦	644,531	￦	435,659	￦	421,931