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Revenue from Contracts with Customers and Relevant Contract Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2019
Text block [abstract]  
Detail Explanation of Revenue in the consolidated Statement of operations
The Group has recognized the following amounts relating to revenue in the Consolidated Statements of Operations:
 
(In millions of Korean won)
  
2018
   
2019
 
Revenue from contracts with customers
  
23,012,257   
24,441,122 
Revenue from other sources
   423,793    458,067 
  
 
 
   
 
 
 
Total revenue
  
23,436,050   
24,899,189 
  
 
 
   
 
 
 
Detail Explanation of Operating Revenue
Operating revenues for the years ended December 31, 2018 and 2019 are as follows:
 
(In millions of Korean won)
  
2018
   
2019
 
Mobile services
  
6,827,685   
6,795,124 
Fixed-line services
   4,869,253    4,866,698 
Fixed-line and VoIP telephone services
   1,708,319    1,578,546 
Broadband Internet access services
   2,112,763    2,177,447 
Data communication services
   1,048,171    1,110,705 
Media and content
   2,261,808    2,516,256 
Financial services
   3,444,917    3,641,655 
Sale of goods
   3,288,911    4,194,168 
Others
   2,743,476    2,885,288 
  
 
 
   
 
 
 
Total
  
23,436,050   
24,899,189 
  
 
 
   
 
 
 
Detail Analysis of Contract with Customer Assets and Liabilities
The contract assets and liabilities recognized in relation to the revenues from contracts with customers are as follows:
 
(In millions of Korean won)
  
December 31, 2018
   
December 31, 2019
 
Contract assets
1
  
503,452   
655,329 
Contract liabilities
1
   357,633    413,442 
Deferred revenue
2
  
96,198   
92,557 
 
 1
The Group recognized contract assets of
98,288 million and contract liabilities of
 47,832 million for longterm construction contracts as at December 31, 2019 (2018: contract assets of
104,655 million and contract liabilities of
10,172 million). The Group recognizes contract assets as trade and other receivables, and contract liabilities as other current liabilities.
 2
Deferred revenue recognized relating to government grant is excluded.
Detail Analysis of Contract Costs Recognized as Assets
The contract costs recognized as assets are as follows:
 
(In millions of Korean won)
  
December 31, 2018
   
December 31, 2019
 
Incremental cost of contract establishment
  
1,409,721   
1,764,009 
Cost of Contract performance
   60,134    85,234 
Detail of Revenue Arising from Carried-Forward Contract Liabilities
The recognized revenue arising from carried-forward contract liabilities from prior year is as follows:
 
(In millions of Korean won)
  
2018
   
2019
 
Revenue recognized that was included in the contract liability balance at the beginning of the year
    
Allocation of the transaction price
  
183,905   
258,548 
Deferred revenue of joining/installment fee
   39,975    44,032 
Others
   1,536    —   
  
 
 
   
 
 
 
Total
  
225,416   
302,580