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General Information
12 Months Ended
Dec. 31, 2023
Text block [abstract]  
General Information
1.
General Information
The consolidated financial statements have been prepared by KT Corporation, the “Controlling company” as defined under IFRS 10
Consolidated Financial Statements
, by consolidating 84 subsidiaries (collectively referred to as the “Group”) including BC Card Co., Ltd., etc. as described in Note 1.2
 
 
1.1
The Controlling Company
KT Corporation (the “Controlling Company”) commenced operations on January 1, 1982, when it spun off from the Korea Communications Commission (formerly the Korean Ministry of Information and Communications) to provide telecommunication services and to engage in the development of advanced communications services under the Act of Telecommunications of Korea. The headquarters are located in Seongnam City, Gyeonggi Province, Republic of Korea, and the address of its registered head office is 90, Buljeong-ro, Bundang-gu, Seongnam City, Gyeonggi Province.
On October 1, 1997, upon the announcement of the Government-Investment Enterprises Management Basic Act and the Privatization Law, the Controlling Company became a government-funded institution under the Commercial Code of Korea.
On December 23, 1998, the Controlling Company’s shares were listed on the Korea Exchange.
On May 29, 1999, the Controlling Company issued 24,282,195 additional shares and issued American Depository Shares (ADS), which represents new shares and 20,813,311 government-owned shares, on the New York Stock Exchange. On July 2, 2001, additional ADS representing 55,502,161 government-owned shares were issued on the New York Stock Exchange.
In 2002, the Controlling Company acquired the entire government-owned shares in accordance with the Korean government’s privatization plan. As of December 31, 2023, the Korean government does not own any shares in the Controlling Company.
 
 
1.2
Consolidated Subsidiaries
(1) The consolidated subsidiaries as of December 31, 2022 and 2023, are as follows
 
           
Controlling percentage
ownership
1
(%)
   
Subsidiary
 
Type of business
 
Location
 
December 31,
2022
 
December 31,
2023
 
Closing
month
KT Linkus Co., Ltd.
  Public telephone maintenance   Korea   92.4%   92.4%   December
KT Telecop Co., Ltd.
  Security service   Korea   86.8%   86.8%   December
KT Alpha Co., Ltd.
5
  Data communication   Korea   73.0%   73.0%   December
KT Service Bukbu Co., Ltd
  Opening services of fixed line   Korea   67.3%   67.3%   December
KT Service Nambu Co., Ltd.
  Opening services of fixed line   Korea   77.3%   77.3%   December
KT Commerce Inc.
  B2C, B2B service   Korea   100.0%   100.0%   December
KT Strategic Investment Fund No.3
  Investment fund   Korea   100.0%   100.0%   December
KT Strategic Investment Fund No.4
  Investment fund   Korea   100.0%   100.0%   December
KT Strategic Investment Fund No.5
  Investment fund   Korea   100.0%   100.0%   December
BC-VP Strategic Investment Fund No.1
  Investment fund   Korea   100.0%   100.0%   December
BC Card Co., Ltd.
  Credit card business   Korea   69.5%   69.5%   December
           
Controlling percentage
ownership
1
(%)
   
Subsidiary
 
Type of business
 
Location
 
December 31,
2022
 
December 31,
2023
 
Closing
month
VP Inc.
5
  Payment security service for credit card, others   Korea   69.7%   72.2%   December
H&C Network
  Call center for financial sectors   Korea   100.0%   100.0%   December
BC Card China Co., Ltd.
  Software development and data processing   China   100.0%   100.0%   December
INITECH Co., Ltd.
5
  Internet banking ASP and security solutions   Korea   61.3%   63.9%   December
Smartro Co., Ltd.
  VAN (Value Added Network) business   Korea   64.5%   64.5%   December
KTDS Co., Ltd.
5
  System integration and maintenance   Korea   95.6%   91.6%   December
KT M&S Co., Ltd.
  PCS distribution   Korea   100.0%   100.0%   December
GENIE Music Corporation
2
  Online music production and distribution   Korea   36.0%   36.0%   December
KT MOS Bukbu Co., Ltd.
5
  Telecommunication facility maintenance   Korea   100.0%   100.0%   December
KT MOS Nambu Co., Ltd.
5
  Telecommunication facility maintenance   Korea   98.4%   98.4%   December
KT Skylife
5
  Satellite TV   Korea   50.2%   50.6%   December
Skylife TV Co., Ltd.
  TV contents provider   Korea   100.0%   100.0%   December
KT Estate Inc.
  Residential building development and supply   Korea   100.0%   100.0%   December
KT Investment Management Inc.
  Asset management, real estate and consulting services   Korea   100.0%   100.0%   December
NEXR Co., Ltd.
  Cloud system implementation   Korea   100.0%   100.0%   December
KTGDH Co., Ltd.
  Data center development and related service   Korea   100.0%   100.0%   December
KT Sat Co., Ltd.
  Satellite communication business   Korea   100.0%   100.0%   December
Nasmedia Co., Ltd.
 
2,5
  Solution provider and IPTV advertisement sales business   Korea   44.0%   44.1%   December
KT Sports Co., Ltd.
  Management of sports teams   Korea   100.0%   100.0%   December
KT Music Contents Fund No.2
  Music and contents investment business   Korea   100.0%   100.0%   December
KTCS Corporation
2,5
  Database and online information provider   Korea   34.1%   34.1%   December
KTIS Corporation
2,5
  Database and online information provider   Korea   33.3%   33.3%   December
KT M Mobile Co., Ltd.
  Special category telecommunications operator and sales of communication device   Korea   100.0%   100.0%   December
KT Investment Co., Ltd.
  Financing business for new technology   Korea   100.0%   100.0%   December
PlayD Co., Ltd.
  Advertising agency   Korea   70.4%   70.4%   December
Next Connect PFV
  Residential building development and supply   Korea   100.0%   100.0%   December
KT Rwanda Networks Ltd.
  Network installation and management   Rwanda   51.0%   51.0%   December
AOS Ltd.
  System integration and maintenance   Rwanda   51.0%   51.0%   December
KT Japan Co., Ltd.
  Foreign investment business and local counter work   Japan   100.0%   100.0%   December
 
           
Controlling percentage
ownership
1
(%)
   
Subsidiary
 
Type of business
 
Location
 
December 31,
2022
 
December 31,
2023
 
Closing
month
East Telecom LLC
  Wireless/fixed line internet business   Uzbekistan   91.6%   91.6%   December
KT America, Inc.
  Foreign investment business and local counter work   USA   100.0%   100.0%   December
PT. BC Card Asia Pacific
  Software development and supply   Indonesia   99.9%   99.9%   December
KT Hongkong Telecommunications Co., Ltd.
  Fixed line telecommunication business   Hong Kong   100.0%   100.0%   December
Korea Telecom Singapore Pte. Ltd.
  Foreign investment business and local counter work   Singapore   100.0%   100.0%   December
Texnoprosistem LLC
  Fixed line internet business   Uzbekistan   100.0%   100.0%   December
Nasmedia Thailand Co., Ltd.
  Internet advertising solution   Thailand   99.9%   99.9%   December
KT Huimangjieum
  Manufacturing   Korea   100.0%   100.0%   December
K-REALTY RENTAL HOUSING REIT 3
  Residential building   Korea   88.6%   88.6%   December
Storywiz Co., Ltd.
  Contents and software development and supply   Korea   100.0%   100.0%   December
KT Engineering Co., Ltd.
 
Telecommunication facility construction and
maintenance
  Korea   100.0%   100.0%   December
KT Studio Genie Co., Ltd.
 
Data communication service and data
communication construction business
  Korea   90.9%   90.9%   December
KHS Corporation
  Operation and maintenance of facilities   Korea   100.0%   100.0%   December
Lolab Co., Ltd.
 
Truck transportation and trucking
arrangement business
  Korea   79.8%   79.8%   December
HCN Co., Ltd.
  Cable television service   Korea   100.0%   100.0%   December
Millie Seojae
2
  Book contents service   Korea   38.6%   30.2%   December
KT ES Pte. Ltd.
  Foreign investment business   Singapore   57.6%   57.6%   December
Epsilon Global Communications
PTE. Ltd.
  Network service industry   Singapore   100.0%   100.0%   December
Epsilon Telecommunications
(SP) PTE. Ltd.
  Fixed line telecommunication business   Singapore   100.0%   100.0%   December
Epsilon Telecommunications
(US) PTE. Ltd.
  Fixed line telecommunication business   Singapore   100.0%   100.0%   December
Epsilon Telecommunications Limited
  Fixed line telecommunication business   UK   100.0%   100.0%   December
Epsilon Telecommunications
(HK) Limited
  Fixed line telecommunication business   Hong Kong   100.0%   100.0%   December
Epsilon US Inc.
  Fixed line telecommunication business   USA   100.0%   100.0%   December
Epsilon Telecommunications
(BG) EOOD
  Employee support service   Bulgaria   100.0%   100.0%   December
Nasmedia-KT Alpha Future Growth
Strategic Investment Fund
  Investment fund   Korea   100.0%   100.0%   December
KT Strategic Investment Fund 6
  Investment fund   Korea   100.0%   100.0%   December
Altimedia Corporation
  Software development and delivery   Korea   100.0%   100.0%   December
Altimidia B.V.
(formerly Alticast B.V.)
  Software development and delivery   Netherlands   100.0%   100.0%   December
 
           
Controlling percentage
ownership
1
(%)
   
Subsidiary
 
Type of business
 
Location
 
December 31,
2022
 
December 31,
2023
 
Closing
month
Altimidia Vietnam
(formerly Alticast Company Limited)
  Software development and delivery   Vietnam   100.0%  
100.0
%
  December
BCCARD VIETNAM LTD.
  Software sales business   Vietnam   100.0%   100.0%   December
KTP SERVICES INC.
  Fixed line telecommunication business   Philippines   100.0%   100.0%   December
         
KT RUS LLC
  Foreign investment business   Russia   100.0%   100.0%   December
Hangang Real Estate Investment Trust No. 24
  Investment fund   Korea   75.0%   75.0%   December
KT DX Vietnam Company Limited
  Software development   Vietnam   100.0%   100.0%   December
KT Cloud Co., Ltd.
  Information and communications development   Korea   100.0%   92.7%   December
Pocheon Jeonggyori Development Co., Ltd.
  Residential building development   Korea   80.9%   80.9%   December
PT CRANIUM ROYAL ADITAMA
  Software development   Indonesia   67.0%   67.0%   December
Juice Inc.
3,5
  Online information provider/Software development and delivery   Korea   41.2%   42.6%   December
open cloud lab Co., Ltd
(formerly SPARK AND ASSOCIATES INC.)
  IT consulting service and Telecommunication equipment sales   Korea   100.0%   100.0%   December
KD Living, Inc.
  Residential building management   Korea   —    100.0%   December
KT HEALTHCARE VINA COMPANY LIMITED
  Medical service   Vietnam   —    100.0%   December
K-Realty Qualified Private Real Estate Investment Trust No. 1
4
  Real estate management   Korea   —    6.5%   December
AQUA RETAIL VIETNAM COMPANY LIMITED
  E-voucher issuance and trading business   Vietnam   —    100.0%   December
K-Realty Qualified Private Real Estate Investment Trust No. 4
  Real estate management   Korea   —    93.9%   December
 
1
Sum of the interests owned by the Controlling Company and subsidiaries.
2
Although the Controlling Company owns less than 50% interest in Nasmedia, Co., Ltd., KTCS Corporation and KTIS Corporation, Millie Seojae, and GENIE Music Corporation these entities are consolidated as the Controlling Company can exercise the majority of the voting rights in its decision-making process at all times considering voting patterns at previous shareholders’ meetings.
3
Although the Controlling Company owns less than
50
% interest in, Juice Inc., this entity is consolidated as the Controlling Company holds the majority of the voting right based on an agreement with other investors.
4
Although the Controlling Company owns less than 50% interest in K-Realty Qualified Private Real Estate Investment Trust No. 1, these entities are consolidated by comprehensively considering the criteria for determining control, such as ‘power’, ‘variable profit’, and ‘relationship between power and variable profit’, rather than simply judging by the interests owned by the company.
5
The number of treasury stocks held by subsidiaries are deducted from the total number of shares when calculating the controlling percentage interest.
 
 
(2) Changes in Scope of Consolidation
Subsidiaries newly included and excluded in the consolidation during the year ended December 31, 2023:
 
Changes
  
Location
  
Name of subsidiary
  
Reason
Included
  
Korea
  
KD Living, Inc.
  
Transferred
1
Included
  
Vietnam
  
KT HEALTHCARE VINA COMPANY LIMITED
  
Newly established
Included
  
Korea
  
K-Realty Qualified Private Real Estate Investment Trust No. 1
  
Transferred
2
Included
  
Vietnam
  
AQUA RETAIL VIETNAM COMPANY LIMITED
  
Newly established
Included
  
Korea
  
K-Realty Qualified Private Real Estate Investment Trust No. 4
  
Newly established
Excluded
  
United Arab Emirates
  
Epsilon M E A General Trading LLC
  
Liquidated
Excluded
  
Korea
  
Alpha DX Solution Co., Ltd.
  
Merged
Excluded
  
Korea
  
KT Strategic Investment Fund No.2
  
Liquidated
Excluded
  
Korea
  
LS Marine Solution Co., Ltd.
(formerly KT Submarine Co., Ltd.)
  
Excluded
3
Excluded
  
Korea
  
KT-Michigan Global Contents Fund
  
Liquidated
Excluded
  
Russia
  
KT Primorye IDC LLC
  
Liquidated
 
1
The entity has been reclassified from a joint venture to a consolidated entity.
2
Although the Controlling Company owns less than 50% interest in K-Realty Qualified Private Real Estate Investment Trust No. 1, these entities are consolidated by comprehensively considering the criteria for determining control, such as ‘power’, ‘variable profit’, and ‘relationship between power and variable profit’, rather than simply judging by the interests owned by the company.
3
Due to the loss of control by the parent company, the entity has been reclassified from a subsidiary to an associate company.
 
  (3)
Summarized information for consolidated subsidiaries as at and for the years ended December 31, 2021, 2022 and 2023 is as follows
 
(In millions of Korean won)
  
December 31, 2021
3
 
 
  
Total assets
 
  
Total liabilities
 
  
Operating
revenues
3
 
  
Profit (loss)
for the year
3
 
KT Linkus Co., Ltd
  
54,219     
53,316     
81,434     
(3,095
KT Submarine Co., Ltd.
     110,390        10,736        31,374        (3,183
KT Telecop Co., Ltd.
     363,224        233,797        515,456        3,985  
KT Alpha Co., Ltd.
(KT Hitel Co., Ltd.)
     390,671        172,767        471,870        (8,692
KT Service Bukbu Inc.
     59,341        54,070        231,602        1,128  
KT Service Nambu Inc.
     62,513        52,695        271,174        1,430  
BC Card Co., Ltd.
1
     3,933,427        2,481,004        3,580,970        120,308  
H&C Network Co., Ltd.
1
     88,616        4,993        227,604        11,995  
Nasmedia Co., Ltd.
1
     490,394        268,618        125,876        27,120  
KTDS Co., Ltd.
1
     341,358        199,831        632,899        21,464  
KT M&S Co., Ltd.
     241,377        203,051        710,634        3,496  
KT MOS Bukbu Co., Ltd.
     32,511        25,402        70,212        1,637  
KT MOS Nambu Co., Ltd.
     36,741        26,053        71,940        2,016  
KT Skylife Co., Ltd.
1
     1,275,645        469,694        772,950        62,309  
KT Estate Inc.
1
     2,370,940        791,884        577,578        213,203  
KTGDH Co., Ltd.
     11,464        1,560        4,423        553  
KT Sat Inc.
     593,616        34,169        174,750        20,830  
KT Sports Inc.
     29,524        19,740        67,612        (2,039
KT Music Contents Fund No.2
     14,985        278        253        (30
KT-Michigan Global Contents Fund
     3,552        112        13,592        10,032  
KT M Mobile Inc.
     144,175        40,749        204,641        5,918  
KT Investment Co., Ltd.
1
     87,366        66,108        21,040        (697
KTCS Corporation
1
     416,750        234,172        968,499        19,034  
KTIS Corporation
     369,361        177,619        487,801        24,944  
Next Connect PFV Inc.
     518,441        167,963        —         (6,519
KT Japan Co., Ltd.
1
     1,474        2,633        1,298        (142
KT America, Inc.
     4,884        101        6,508        201  
KT Rwanda Networks Ltd.
2
     125,860        236,389        23,328        (28,770
AOS Ltd.
2
     11,539        2,812        6,942        823  
KT Hong Kong Telecommunications Co., Ltd.
     6,613        1,346        18,825        1,313  
KT Hopemate
1
     6,311        2,978        12,538        116  
KT Engineering Co., Ltd.
(KT ENGCORE Co., Ltd.)
     185,850        144,832        284,998        366  
KT Studio Genie Co., Ltd.
1,
     648,534        276,933        90,047        (16,443
Lolab Co., Ltd.
     26,726        897        2,107        (134
East Telecom LLC
1
     35,904        22,088        11,960        2,487  
KT ES Pte. Ltd.
1
     240,331        80,597        15,157        (6,355
KT Philippines
     3,641        1,243        —         —   
Altimedia Corporation
1
     32,338        9,742        6,968        1,037  
 
1
These companies are the intermediate controlling companies of other subsidiaries and the above financial information is from their consolidated financial statements.
2
Convertible preferred stock issued by subsidiaries as of the end of the reporting period is included in liabilities.
3
Profit or loss is included from the date of acquisition of control to the end of the reporting period.
(in millions of Korean won)
  
December 31, 2022
3
 
 
  
Total assets
 
  
Total liabilities
 
  
Operating
revenues
3
 
  
Profit (loss)
for the year
3
 
KT Linkus Co., Ltd.
  
47,734     
47,498     
76,135     
(614 )
KT Submarine Co., Ltd.
     120,255        7,884        42,848        (12,126 )
KT Telecop Co., Ltd.
     370,004        230,965        517,406        4,267  
KT Alpha Co., Ltd
.
1
(KT Hitel Co., Ltd.)
     406,236        172,211        516,737        13,115  
KT Service Bukbu Co., Ltd.
     74,673        65,820        252,304        3,227  
KT Service Nambu Co., Ltd.
     80,450        66,479        301,720        3,067  
BC Card Co., Ltd.
1
     5,666,075        4,109,200        3,897,090        148,341  
H&C Network
     82,737        6,640        27,392        992  
Nasmedia Co., Ltd.
1
     516,945        275,730        153,210        27,691  
KTDS Co., Ltd.
1
     401,932        228,474        723,161        30,941  
KT M&S Co., Ltd.
     255,310        204,336        730,802        8,105  
KT MOS Bukbu Co., Ltd.
     38,684        22,553        83,085        4,607  
KT MOS Nambu Co., Ltd.
     42,011        25,416        83,330        5,035  
KT Skylife Co., Ltd.
1
     1,359,166        503,679        1,038,468        20,941  
KT Estate Inc.
1
     2,480,333        833,842        478,188        58,780  
KT GDH Co., Ltd.
     12,059        1,596        4,323        451  
KT Sat Co., Ltd.
     677,980        89,644        185,313        28,073  
KT Sports Co., Ltd.
     28,220        15,461        65,350        (7,302 )
KT Music Contents Fund No.2
     15,718        277        1,040        735  
KT-Michigan Global Content Fund
     2,371        27        33        (1,095 )
KT M Mobile Co., Ltd.
     152,114        49,816        262,918        4,731  
KT Investment Co., Ltd.
1
     103,354        79,182        15,136        2,840  
KTCS Corporation
1
     419,726        228,618        1,031,010        17,634  
KTIS Corporation
     396,208        199,204        536,229        15,917  
Next Connect PFV
     624,734        277,967        3        (3,712 )
KT Japan Co., Ltd.
1
     1,888        3,141        3,263        226  
KT America, Inc.
     5,945        843        8,070        37  
KT Rwanda Networks Ltd.
2
     126,721        267,369        30,834        (27,467 )
AOS Ltd.
2
     10,972        905        8,049        1,274  
KT Hong Kong Telecommunications Co., Ltd.
  
 
10,505
 
  
 
4,768
 
  
 
20,413
 
  
 
51
 
KT Huimangjieum
1
  
 
6,984
 
  
 
2,582
 
  
 
22,860
 
  
 
494
 
KT Engineering Co., Ltd.
(KT ENGCORE Co., Ltd.)
  
 
141,463
 
  
 
89,853
 
  
 
258,435
 
  
 
10,302
 
KT Studio Genie Co., Ltd.
1
  
 
987,270
 
  
 
268,911
 
  
 
723,580
 
  
 
189,498
 
Lolab Co., Ltd.
  
 
35,091
 
  
 
17,247
 
  
 
74,881
 
  
 
(7,985
East Telecom LLC
1
  
 
42,691
 
  
 
21,645
 
  
 
27,030
 
  
 
6,419
 
KT ES Pte. Ltd.
1
  
 
240,721
 
  
 
88,640
 
  
 
78,815
 
  
 
(23,957
KTP SERVICES INC.
  
 
3,832
 
  
 
2,044
 
  
 
776
 
  
 
(255
Altimedia Corporation
1
  
 
44,861
 
  
 
15,777
 
  
 
47,203
 
  
 
6,035
 
KT RUS LLC
1
  
 
967
 
  
 
16
 
  
 
5
 
  
 
(871
KT DX Vietnam Company Limited
  
 
1,815
 
  
 
6
 
  
 
— 
 
  
 
26
 
kt cloud Co., Ltd.
1
  
 
1,348,684
 
  
 
245,872
 
  
 
432,118
 
  
 
14,712
 
 
1
These companies are the intermediate controlling companies of other subsidiaries and the above financial information is from their consolidated financial statements.
2
Convertible preferred stock issued by subsidiaries as of the end of the reporting period is included in liabilities.
3
Profit or loss is included from the date of acquisition of control to the end of the reporting period.
 
 
(in millions of Korean won)
  
December 31, 2023
3
 
 
  
Total assets
 
  
Total liabilities
 
  
Operating
revenues
 
  
Profit (loss)
for the year
 
KT Linkus Co., Ltd.
  
64,178
 
  
63,452
 
  
81,645
 
  
821
 
KT Telecop Co., Ltd.
  
 
375,596
 
  
 
       235,947
 
  
 
527,015
 
  
 
5,728
 
KT Alpha Co., Ltd.
  
 
443,639
 
  
 
191,254
 
  
 
437,308
 
  
 
  19,352
 
KT Service Bukbu Co., Ltd.
  
 
63,760
 
  
 
55,360
 
  
 
242,119
 
  
 
1,212
 
KT Service Nambu Co., Ltd.
  
 
71,576
 
  
 
58,745
 
  
 
291,170
 
  
 
1,354
 
BC Card Co., Ltd.
1
  
 
   6,352,878
 
  
 
4,722,432
 
  
 
4,027,450
 
  
 
76,545
 
H&C Network
  
 
81,107
 
  
 
4,863
 
  
 
27,205
 
  
 
1,814
 
Nasmedia Co., Ltd.
1
  
 
513,311
 
  
 
262,336
 
  
 
147,934
 
  
 
17,703
 
KTDS Co., Ltd.
1
  
 
393,667
 
  
 
202,067
 
  
 
    727,477
 
  
 
33,971
 
KT M&S Co., Ltd.
  
 
258,477
 
  
 
209,075
 
  
 
695,856
 
  
 
3,783
 
KT MOS Bukbu Co., Ltd.
  
 
50,750
 
  
 
28,431
 
  
 
101,428
 
  
 
8,457
 
KT MOS Nambu Co., Ltd.
  
 
46,839
 
  
 
26,012
 
  
 
101,422
 
  
 
5,749
 
KT Skylife Co., Ltd.
1
  
 
1,220,842
 
  
 
479,369
 
  
 
1,034,342
 
  
 
(109,407
KT Estate Inc.
1
  
 
2,746,546
 
  
 
1,121,970
 
  
 
511,018
 
  
 
871
 
KT GDH Co., Ltd.
  
 
7,760
 
  
 
1,501
 
  
 
4,346
 
  
 
648
 
KT Sat Co., Ltd.
  
 
699,607
 
  
 
88,524
 
  
 
182,274
 
  
 
   30,502
 
KT Sports Co., Ltd.
  
 
26,615
 
  
 
11,299
 
  
 
66,309
 
  
 
(12,386
KT Music Contents Fund No.2
  
 
5,558
 
  
 
1,772
 
  
 
534
 
  
 
(992
KT M Mobile Co., Ltd.
  
 
176,838
 
  
 
69,317
 
  
 
301,049
 
  
 
5,605
 
KT Investment Co., Ltd.
1
  
 
83,638
 
  
 
57,420
 
  
 
24,976
 
  
 
2,180
 
KTCS Corporation
1
  
 
434,900
 
  
 
234,850
 
  
 
1,035,911
 
  
 
15,804
 
KTIS Corporation
  
 
447,609
 
  
 
243,519
 
  
 
593,162
 
  
 
13,922
 
Next Connect PFV
  
 
946,687
 
  
 
629,809
 
  
 
— 
 
  
 
(29,889
KT Japan Co., Ltd.
1
  
 
2,015
 
  
 
3,341
 
  
 
2,793
 
  
 
(110
KT America, Inc.
  
 
6,013
 
  
 
701
 
  
 
8,928
 
  
 
133
 
KT Rwanda Networks Ltd.
2
  
 
134,847
 
  
 
313,787
 
  
 
26,788
 
  
 
(57,628
AOS Ltd.
2
  
 
10,763
 
  
 
1,983
 
  
 
8,287
 
  
 
128
 
KT Hong Kong Telecommunications Co., Ltd.
  
 
11,142
 
  
 
5,121
 
  
 
19,373
 
  
 
143
 
KT Huimangjieum
1
  
 
8,073
 
  
 
2,715
 
  
 
17,687
 
  
 
1,012
 
KT Engineering Co., Ltd.
  
 
160,243
 
  
 
   104,005
 
  
 
  262,063
 
  
 
5,327
 
KT Studio Genie Co., Ltd.
1
  
 
989,187
 
  
 
     259,413
 
  
 
     542,955
 
  
 
  13,507
 
Lolab Co., Ltd.
  
 
42,744
 
  
 
37,838
 
  
 
173,035
 
  
 
(12,938
East Telecom LLC
1
  
 
48,483
 
  
 
22,632
 
  
 
30,350
 
  
 
7,723
 
KT ES Pte. Ltd.
1
  
 
117,009
 
  
 
90,392
 
  
 
87,865
 
  
 
(124,850
KTP SERVICES INC.
  
 
2,967
 
  
 
919
 
  
 
671
 
  
 
235
 
Altimedia Corporation
1
  
 
48,381
 
  
 
12,374
 
  
 
45,035
 
  
 
7,352
 
KT RUS LLC
  
 
501
 
  
 
10
 
  
 
1
 
  
 
(378
KT DX Vietnam Company Limited
  
 
1,694
 
  
 
102
 
  
 
82
 
  
 
(207
KT Cloud Co., Ltd.
1
  
 
   1,983,972
 
  
 
   503,241
 
  
 
  679,825
 
  
 
   63,956
 
KT Healthcare Vina Co., Ltd.
  
 
12,730
 
  
 
439
 
  
 
— 
 
  
 
(721
K-Realty Qualified Private Real Estate Investment Trust No. 1
  
 
80,266
 
  
 
50,693
 
  
 
4,682
 
  
 
(1,037
AQUA RETAIL VIETNAM COMPANY LIMITED
  
 
1,202
 
  
 
62
 
  
 
16
 
  
 
(248
 
1
These companies are the intermediate controlling companies of other subsidiaries and the above financial information is from their consolidated financial statements.
2
Convertible preferred stock issued by subsidiaries as of the end of the reporting period is included in liabilities.
3
Profit or loss is included from the date of acquisition of control to the end of the reporting period.