XML 78 R66.htm IDEA: XBRL DOCUMENT
v3.23.1

Commitments and Contingencies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Text block [abstract] |
Summary Of Major Commitments With Local Financial Institutions | As at December 31, 2022, major commitments with local financial institutions are as follows:
(in millions of Korean won and foreign currencies in thousands) |  | Financial institution |  | Limit |  |  | Used amount |
Bank overdraft |  | Kookmin Bank and others |  |  | 372,000 |  |  |  | — |
Inter-Korean Cooperation Fund |  | Export-Import Bank of Korea |  |  | 37,700 |  |  |  | 1,974 |
Economic Cooperation Business Insurance |  | Export-Import Bank of Korea |  |  | 3,240 |  |  |  | 1,732 |
Collateralized loan on electronic accounts receivable-trade |  | Kookmin Bank and others |  |  | 567,150 |  |  |  | 28,298 |
Plus electronic notes payable |  | Industrial Bank of Korea |  |  | 50,000 |  |  |  | 1,663 |
Working capital loan |  | Korea Development Bank and others |  |  | 1,415,600 |  |  |  | 165,100 |
|  | Shinhan Bank |  | USD | 72,507 |  |  | USD | 72,507 |
|  | Woori Bank |  | EUR | 7,700 |  |  | EUR | 7,700 |
Facility loans |  | Shinhan Bank and others |  |  | 824,000 |  |  |  | 309,680 |
Derivatives transaction limit |  | Shinhan Bank |  |  | 8,000 |  |  |  | 8,000 |
|  | Korea Development Bank and others |  | USD | 2,510,510 |  |  | USD | 1,970,000 |
|  | DBS Bank |  | SGD | 284,000 |  |  | SGD | 284,000 |
|  | Citi Bank |  | USD | 400,000 |  |  | JPY | 400,000 |
|  |  |  |  |  |  |  | USD | 100,000 |
Total |  | KRW |  |  | 3,277,690 |  |  |  | 516,447 |
|  | USD |  |  | 2,983,017 |  |  |  | 2,142,507 |
|  | EUR |  |  | 7,700 |  |  |  | 7,700 |
|  | SGD |  |  | 284,000 |  |  |  | 284,000 |
|  | JPY |  |  | — |  |  |  | 400,000 |
Summary of Guarantees Received from Financial Institutions | As at December 31, 2022, guarantees received from financial institutions are as follows:
(in millions of Korean won and foreign currencies in thousands) |  | Financial institution |  |  |  |  | Limit |
Hana Bank |  | Guarantee for payment in Korean currency |  |  |  |  |  |  | 4,000 |
|  | Comprehensive credit line and others |  |  |  |  |  |  | 3,100 |
|  | Guarantee for payment in foreign currency |  |  | USD |  |  |  | 273 |
|  | Comprehensive credit line and others |  |  | USD |  |  |  | 10,300 |
Kookmin Bank |  | Guarantee for payment in foreign currency |  |  | USD |  |  |  | 6,484 |
Shinhan Bank |  | Guarantee for payment in Korean currency and others |  |  |  |  |  |  | 36,298 |
|  | Guarantee for payment in foreign currency and others |  |  | USD |  |  |  | 77,837 |
Woori Bank |  | Guarantee for payment in Korean currency |  |  |  |  |  |  | 5,200 |
|  | Guarantee for payment in foreign currency |  |  | USD |  |  |  | 7,000 |
Korea Development Bank |  | Refund guarantee for advances received |  |  | USD |  |  |  | 6,880 |
HSBC |  | Guarantees for depositions |  |  | USD |  |  |  | 871 |
Seoul Guarantee Insurance Company |  | Performance guarantee and others |  |  |  |  |  |  | 783,247 |
Korea Software Financial Cooperative |  | Performance guarantee and others |  |  |  |  |  |  | 1,445,072 |
Korea Specialty Contractor Financial Cooperative |  | Performance guarantee and others |  |  |  |  |  |  | 531 |
Korea Housing Finance Corporation |  | Performance guarantee and others |  |  |  |  |  |  | 14,464 |
Information & Communication Financial Cooperative |  | Performance guarantee and others |  |  |  |  |  |  | 28,027 |
Total |  |  |  |  | KRW |  |  |  | 2,319,939 |
|  |  |  |  | USD |  |  |  | 109,645 |
Summary Of Guarantees Provided By The Group For Third Party | As at December 31, 2022, guarantees provided by the Group to a third party, are as follows:
(in millions of Korean won) |  | Subject to payment guarantees |  | Creditor |  | Limit |  |  | Used amount |  |  | Period |
KT Engineering Co., Ltd. 1 |  | Gasan Solar Power Plant Inc. |  | Shinhan Bank |  |  | 4,700 |  |  |  | 672 |  |  |  | Jan. 7, 2010 ~ Jan. 8, 2025 |
KT Engineering Co., Ltd. 1 |  | SPP Inc. |  | Suhyup Bank |  |  | 3,250 |  |  |  | 345 |  |  |  | Feb. 17, 2014 ~ Feb. 16, 2024 |
KT Engineering Co., Ltd. 1 |  | Korea Cell Inc. |  | Suhyup Bank |  |  | 3,250 |  |  |  | 338 |  |  |  | Feb. 17, 2014 ~ Feb. 16, 2024 |
KT Engineering Co., Ltd. 1 |  | San-Ya Agricultural Association Corporation |  | Suhyup Bank |  |  | 3,250 |  |  |  | 345 |  |  |  | Feb. 17, 2014 ~ Feb. 16, 2024 |
KT Alpha Co., Ltd. (KT Hitel Co., Ltd.) |  | Cash payers |  | T-commerce cash payers |  |  | 860 |  |  |  | — |  |  |  | Apr. 14, 2022 ~ Apr. 14, 2023 |
Nasmedia Co., Ltd. |  | Stockholders Association Members |  | Korea Securities Finance Corp |  |  | 5,654 |  |  |  | 986 |  |  |  | — |
| 1 | According to the above payment guarantee, KT Engineering, a subsidiary of the Group, will have an obligation for repayment if the principal borrower does not repay the borrowing.
Summary of the issuance of real estate collateral trust and beneficiary certificates of the Group | As at December 31, 2022, the details of the issuance of real estate collateral trust and beneficiary certificates of the Group are as follows:
(in millions of Korean won) |  |  |  |  | Commitment (limit) amount |  |  | Amount provided as collateral for beneficiary rights |
Collateral assets |  | Placing |  |  | Trust collateral beneficiary
Real Estate Collateral Trust 1 |  |  | 1st place |  |  | NongHyup Bank |  | ￦ | 100,000 |  |  | ￦ | 120,000 |
|  |  |  |  |  | Kyobo Life Insurance |  |  | 180,000 |  |  |  | 216,000 |
|  |  |  |  |  | Standard Chartered Bank Korea Limited |  |  | 120,000 |  |  |  | 144,000 |
|  |  |  |  |  | Samsung Life Insurance |  |  | 100,000 |  |  |  | 120,000 |
|  |  | 2nd place |  |  | Industrial Bank of Korea |  |  | 40,000 |  |  |  | 48,000 |
|  |  |  |  |  | Korea Investment Capital |  |  | 40,000 |  |  |  | 48,000 |
|  |  |  |  |  | BNK Capital |  |  | 30,000 |  |  |  | 36,000 |
|  |  |  |  |  | Standard Chartered Bank Korea Limited |  |  | 20,000 |  |  |  | 24,000 |
|  |  |  |  |  | NH Capital |  |  | 20,000 |  |  |  | 24,000 |
|  |  | 3rd place 2 |  |  | LOTTE Engineering & Construction |  |  | — |  |  |  | 736,921 |
| 1 | The Group provides a certificate of beneficiary rights for land classified as investment properties and inventory assets as collateral in connection with the above real estate collateral trust.
| 2 | The Group provides LOTTE Engineering & Construction with a certificate of third-priority beneficiary rights as collateral in relation to the construction contract amount of ￦ 614,101 million.

X
- Definition The disclosure of commitments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_10_e&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_DisclosureOfCommitmentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of financial guarantees. + References No definition available. + Details
Name: | kt_DisclosureOfFinancialGuaranteesExplanatory
Namespace Prefix: | kt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of guarantees received from financial institutions. + References No definition available. + Details
Name: | kt_DisclosureOfGuaranteesReceivedFromFinancialInstitutionsExplanatory
Namespace Prefix: | kt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of real estate collateral trust and beneficiary certificates of the group [Text Block]. + References No definition available. + Details
Name: | kt_DisclosureOfRealEstateCollateralTrustAndBeneficiaryCertificatesOfTheGroupTableTextBlock
Namespace Prefix: | kt_
Data Type: | dtr-types: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