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Inventories

12 Months Ended

Dec. 31, 2022

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Inventories

8. Inventories

Inventories as at December 31, 2021 and 2022, are as follows:

		December 31, 2021												December 31, 2022
(in millions of Korean won)		Acquisition cost				Valuation allowance				Book amount				Acquisition cost				Valuation Allowance				Book amount
Merchandise		￦	601,360			￦	(120,304	)		￦	481,056			￦	768,748			￦	(96,010	)		￦	672,738
Others			33,089				—				33,089				44,935				—				44,935
Total		￦	634,449			￦	(120,304	)		￦	514,145			￦	813,683			￦	(96,010	)		￦	717,673

Cost of inventories recognized as expenses for year ended December 31, 2022, amounts to ￦3,485,288 million (2020: ￦3,938,842 million, 2021: ￦3,787,203 million) and reversal of valuation loss on inventory recognized amounts to ￦24,294 million for year ended December 31, 2022 (2020: valuation loss on inventory amounts to ￦11,214 million, 2021: valuation loss on inventory amounts to ￦12,920 million).

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The entire disclosure for inventories.

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-URIDate 2022-03-24

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