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Inventories
12 Months Ended
Dec. 31, 2020
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Inventories
8.
Inventories
Inventories as at December 31, 2019 and 2020, are as follows:
 
   
December 31, 2019
   
December 31, 2020
 
(In millions of Korean won)
  
Acquisition
cost
   
Valuation
allowance
  
Book
amount
   
Acquisition
cost
   
Valuation
allowance
  
Book
amount
 
Merchandise
  
805,691   
(144,438 
661,253   
650,856   
(133,224 
517,632 
Others
   130,424    —     130,424    17,004    —     17,004 
   
 
 
   
 
 
  
 
 
   
 
 
   
 
 
  
 
 
 
Total
  
 936,115   
(144,438 
 791,677   
667,860   
(133,224 
534,636 
   
 
 
   
 
 
  
 
 
   
 
 
   
 
 
  
 
 
 
Cost of inventories recognized as expenses for year ended December 31, 2020, amounts to
 3,938,842 million (2018:
3,926,199 million, 2019:
3,905,630 million) and reversal of valuation loss on inventory recognized amounts to
11,214 million for year ended December 31, 2020 (2018: valuation loss on inventory amounts to
55,288 million, 2019: valuation loss on inventory amounts to
30,857 million,)
.