Investments in Associates and Joint Ventures |
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Investments in Associates and Joint Ventures | (1) Investments in associates and joint ventures accounted for using the equity method as of December 31, 2022 and 2021 are as follows:
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Investments in associates: |
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China |
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27.3 |
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₩ |
879,527 |
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27.3 |
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₩ |
793,754 |
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Korea |
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63.3 |
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324,860 |
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63.3 |
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339,976 |
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Korea |
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— |
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— |
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15.0 |
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349,866 |
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China |
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49.0 |
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20,839 |
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49.0 |
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19,156 |
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SK Technology Innovation Company |
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Cayman Islands |
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49.0 |
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69,375 |
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49.0 |
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86,301 |
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Netherlands |
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32.1 |
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14,296 |
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32.1 |
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15,343 |
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SK Latin America Investment S.A. |
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Spain |
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32.1 |
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11,961 |
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32.1 |
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14,004 |
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SK South East Asia Investment Pte. Ltd. |
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Singapore |
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20.0 |
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357,537 |
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20.0 |
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348,782 |
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USA |
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15.0 |
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48,542 |
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15.0 |
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43,789 |
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SM. Culture & Contents Co., Ltd. |
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Korea |
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23.1 |
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59,611 |
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23.1 |
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60,261 |
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Digital Games International Pte. Ltd.(*4) |
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Singapore |
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— |
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— |
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33.3 |
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2,208 |
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Invites Healthcare Co., Ltd.(*5) |
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Korea |
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31.1 |
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— |
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27.1 |
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26,474 |
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Nam Incheon Broadcasting Co., Ltd. |
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Korea |
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27.3 |
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13,575 |
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27.3 |
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12,525 |
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Korea |
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17.8 |
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4,456 |
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17.8 |
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3,052 |
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Korea |
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20.8 |
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8,366 |
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26.5 |
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3,639 |
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Korea |
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7.7 |
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900 |
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— |
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— |
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12CM JAPAN and others(*3,7) |
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— |
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— |
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69,734 |
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— |
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68,966 |
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1,883,579 |
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2,188,096 |
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Investments in joint ventures: |
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Korea |
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— |
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— |
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49.0 |
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7,255 |
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UTC Kakao-SK Telecom ESG Fund(*9) |
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Korea |
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48.2 |
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5,710 |
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48.2 |
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2,000 |
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5,710 |
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9,255 |
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₩ |
1,889,289 |
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₩ |
2,197,351 |
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(1) |
Investments in associates and joint ventures accounted for using the equity method as of December 31, 2022 and 2021 are as follows, Continued: |
(*1) |
Investment in Korea IT Fund was classified as investment in associates as the Group does not have control over the investee under the contractual agreement with other shareholders. |
(*2) |
The Group disposed the entire shares of HanaCard Co., Ltd. to Hana Financial Group Inc. for ₩330,032 million in cash and recognized ₩48,693 million of loss on disposal of investments in associates for the year ended December 31, 2022. |
(*3) |
Although the Group holds less than 20% of equity interests in these investees, investments in such investees were classified as investments in associates as the Group can exercise significant influence through its right to appoint the members of the Board of Directors. |
(*4) |
The Group disposed the entire shares of Digital Games International Pte. Ltd. and recognized ₩1,462 million of gain on disposal of investments in associates for the year ended December 31, 2022. |
(*5) |
The Group recognized the carrying amount of investments in Invites Healthcare Co., Ltd. in entirety as an impairment loss for the year ended December 31, 2022. |
(*6) |
As the Group obtained significant influence over the investee, ₩900 million of financial assets at FVOCI are reclassified to investments in associates for the year ended December 31, 2022. |
(*7) |
The Group additionally contributed ₩2,000 million in cash to Smart SKT Infinitum Game Fund for the year ended December 31, 2022. In addition, the Group disposed the shares of Start-up Win-Win Fund (₩4,850 million) at ₩5,800 million in cash and recognized ₩950 million of gain on disposal of investments in associates, accordingly. The Group also disposed the shares of Daekyo Wipoongdangdang Contents Korea Fund (₩1,080 million) at ₩1,080 million in cash and reclassified the entire shares as non-current assets held for sale. Furthermore, the Group newly invested ₩4,000 million in cash to KB ESG Fund of three telecommunications companies for the year ended December 31, 2022. |
(*8) |
The Group disposed the entire shares of Finnq Co., Ltd. to Hana Financial Group Inc. for ₩5,733 million in cash and recognized ₩1,043 million of gain on disposal of investments in joint ventures for the year ended December 31, 2022. |
(*9) |
The Group additionally contributed ₩4,000 million in cash to the investee for the year ended December 31, 2022, but there is no change in the ownership interest. As the Group has a joint control over the investee pursuant to the agreement with the other shareholders, the investment in the investee was classified as investments in joint ventures. | (2) The market value of investments in listed associates as of December 31, 2022 and 2021 are as follows:
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(In millions of won, except for share data) |
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SM.Culture & Contents Co.,Ltd. |
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2,960 |
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22,033,898 |
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65,220 |
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4,485 |
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22,033,898 |
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98,822 |
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28,250 |
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1,179,580 |
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33,323 |
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— |
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— |
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— |
| (3) The condensed financial information of significant associates as of and for the years ended December 31, 2022, 2021 and 2020 are as follows:
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SK South East Asia Investment Pte. Ltd.(*) |
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₩ |
98,132 |
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1,223,426 |
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146,589 |
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414,804 |
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2,050,001 |
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3,034,335 |
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— |
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76,654 |
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488,132 |
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— |
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276,525 |
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— |
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₩ |
19,916 |
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62,334 |
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72,658 |
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Profit (loss) for the year |
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7,505 |
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(11,681 |
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(17,504 |
) |
Other comprehensive income (loss) |
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(11,779 |
) |
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58,034 |
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(34,220 |
) |
Total comprehensive income (loss) |
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(4,274 |
) |
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46,353 |
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(51,724 |
) |
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SK South East Asia Investment Pte. Ltd.(*) |
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₩ |
9,130,044 |
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117,172 |
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1,124,219 |
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133,110 |
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465,333 |
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419,632 |
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1,849,102 |
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2,853,184 |
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1,281,783 |
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— |
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53,199 |
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412,962 |
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6,284,587 |
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— |
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316,470 |
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— |
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₩ |
1,270,568 |
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58,741 |
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80,241 |
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9,945 |
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Profit (loss) for the year |
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250,484 |
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50,107 |
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933,475 |
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(188,678 |
) |
Other comprehensive income (loss) |
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909 |
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(6,847 |
) |
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326,661 |
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304,700 |
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Total comprehensive income |
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251,393 |
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43,260 |
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1,260,136 |
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116,022 |
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SK South East Asia Investment Pte. Ltd. (*) |
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₩ |
16,570,953 |
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7,910,517 |
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107,652 |
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380,413 |
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797,045 |
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54,602,900 |
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298,438 |
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402,812 |
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1,706,634 |
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1,672,412 |
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9,072,360 |
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897,594 |
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— |
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51,025 |
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67 |
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10,192,396 |
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5,531,968 |
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— |
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308,606 |
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— |
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₩ |
31,900,418 |
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1,231,815 |
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52,330 |
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107,791 |
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— |
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Profit (loss) for the year |
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4,758,914 |
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154,521 |
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36,615 |
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20,369 |
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(158,680 |
) |
Other comprehensive income (loss) |
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(107,378 |
) |
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(4,283 |
) |
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9,647 |
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42,921 |
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(390,851 |
) |
Total comprehensive income (loss) |
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4,651,536 |
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150,238 |
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46,262 |
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63,290 |
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(549,531 |
) |
(*) |
The financial information of SK hynix Inc., HanaCard Co., Ltd., SK China Company Ltd. and SK South East Asia Investment Pte. Ltd. are consolidated financial information. | (4) There are no significant joint ventures as of December 31, 2022 and 2021, the condensed financial information of significant joint ventures as of and for the years ended December 31, 2020 are as follows:
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₩ |
55,951 |
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26,781 |
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Cash and cash equivalents |
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9,083 |
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23,936 |
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30,408 |
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8,530 |
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46,186 |
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|
7,367 |
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Accounts payable, other payables and provisions |
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28,145 |
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5,094 |
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10,031 |
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|
879 |
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| |
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₩ |
177,084 |
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|
3,937 |
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Depreciation and amortization |
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(4,642 |
) |
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(4,417 |
) |
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|
1,878 |
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29 |
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(555 |
) |
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(51 |
) |
Profit (loss) for the year |
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7,030 |
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(19,426 |
) |
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(1,659 |
) |
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(19,426 |
) | (5) Reconciliations of financial information of significant associates to carrying amounts of investments in associates in the consolidated financial statements as of December 31, 2022 and 2021 are as follows:
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| |
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Net assets attributable to the ownership interests |
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Cost-book value differentials |
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₩ |
512,936 |
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|
63.3 |
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|
|
324,860 |
|
|
|
— |
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|
|
324,860 |
|
|
|
|
2,920,248 |
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|
27.3 |
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|
796,387 |
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|
|
83,140 |
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|
|
879,527 |
|
|
|
|
1,787,685 |
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|
|
20.0 |
|
|
|
357,537 |
|
|
|
— |
|
|
|
357,537 |
|
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|
|
|
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|
|
|
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|
|
|
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Net assets attributable to the ownership interests |
|
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Cost-book value differentials |
|
|
|
|
|
|
₩ |
2,029,007 |
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|
15.0 |
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|
304,351 |
|
|
|
45,515 |
|
|
|
349,866 |
|
|
|
|
536,804 |
|
|
|
63.3 |
|
|
|
339,976 |
|
|
|
— |
|
|
|
339,976 |
|
|
|
|
2,603,336 |
|
|
|
27.3 |
|
|
|
709,961 |
|
|
|
83,793 |
|
|
|
793,754 |
|
|
|
|
1,743,908 |
|
|
|
20.0 |
|
|
|
348,782 |
|
|
|
— |
|
|
|
348,782 |
|
(*) |
Net assets of these entities represent net assets excluding those attributable to their non-controlling interests. | (6) Details of the changes in investments in associates and joint ventures accounted for using the equity method for the years ended December 31, 2022 and 2021 are as follows:
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| |
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|
Investments in associates: |
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|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
₩ |
793,754 |
|
|
|
— |
|
|
|
(19,395 |
) |
|
|
105,168 |
|
|
|
— |
|
|
|
879,527 |
|
|
|
|
339,976 |
|
|
|
— |
|
|
|
4,753 |
|
|
|
(7,459 |
) |
|
|
(12,410 |
) |
|
|
324,860 |
|
|
|
|
349,866 |
|
|
|
(368,389 |
) |
|
|
17,749 |
|
|
|
774 |
|
|
|
— |
|
|
|
— |
|
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|
|
19,156 |
|
|
|
— |
|
|
|
2,424 |
|
|
|
(741 |
) |
|
|
— |
|
|
|
20,839 |
|
SK Technology Innovation Company |
|
|
86,301 |
|
|
|
— |
|
|
|
(22,923 |
) |
|
|
5,997 |
|
|
|
— |
|
|
|
69,375 |
|
|
|
|
15,343 |
|
|
|
— |
|
|
|
(2,059 |
) |
|
|
1,012 |
|
|
|
— |
|
|
|
14,296 |
|
SK Latin America Investment S.A. |
|
|
14,004 |
|
|
|
— |
|
|
|
(2,083 |
) |
|
|
40 |
|
|
|
— |
|
|
|
11,961 |
|
SK South East Asia Investment Pte. Ltd. |
|
|
348,782 |
|
|
|
— |
|
|
|
(6,975 |
) |
|
|
15,730 |
|
|
|
— |
|
|
|
357,537 |
|
|
|
|
43,789 |
|
|
|
— |
|
|
|
2,890 |
|
|
|
1,863 |
|
|
|
— |
|
|
|
48,542 |
|
SM. Culture & Contents Co., Ltd. |
|
|
60,261 |
|
|
|
37 |
|
|
|
(756 |
) |
|
|
69 |
|
|
|
— |
|
|
|
59,611 |
|
Digital Games International Pte. Ltd. |
|
|
2,208 |
|
|
|
(1,757 |
) |
|
|
(562 |
) |
|
|
111 |
|
|
|
— |
|
|
|
— |
|
Invites Healthcare Co., Ltd.(*2) |
|
|
26,474 |
|
|
|
— |
|
|
|
(11,759 |
) |
|
|
(74 |
) |
|
|
(14,641 |
) |
|
|
— |
|
Nam Incheon Broadcasting Co., Ltd.(*1) |
|
|
12,525 |
|
|
|
— |
|
|
|
1,186 |
|
|
|
— |
|
|
|
(136 |
) |
|
|
13,575 |
|
|
|
|
3,052 |
|
|
|
— |
|
|
|
1,403 |
|
|
|
1 |
|
|
|
— |
|
|
|
4,456 |
|
|
|
|
3,639 |
|
|
|
5,451 |
|
|
|
(710 |
) |
|
|
(14 |
) |
|
|
— |
|
|
|
8,366 |
|
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
900 |
|
|
|
900 |
|
12CM JAPAN and others(*4) |
|
|
68,966 |
|
|
|
1,873 |
|
|
|
1,245 |
|
|
|
— |
|
|
|
(2,350 |
) |
|
|
69,734 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,188,096 |
|
|
|
(362,785 |
) |
|
|
(35,572 |
) |
|
|
122,477 |
|
|
|
(28,637 |
) |
|
|
1,883,579 |
|
Investments in joint ventures: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,255 |
|
|
|
(3,840 |
) |
|
|
(3,617 |
) |
|
|
202 |
|
|
|
— |
|
|
|
— |
|
UTC Kakao-SK Telecom ESG Fund |
|
|
2,000 |
|
|
|
4,000 |
|
|
|
(290 |
) |
|
|
— |
|
|
|
— |
|
|
|
5,710 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9,255 |
|
|
|
160 |
|
|
|
(3,907 |
) |
|
|
202 |
|
|
|
— |
|
|
|
5,710 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
₩ |
2,197,351 |
|
|
|
(362,625 |
) |
|
|
(39,479 |
) |
|
|
122,679 |
|
|
|
(28,637 |
) |
|
|
1,889,289 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(*1) |
Dividends distributed by the associates are deducted from the carrying amount for the year ended December 31, 2022. |
(*2) |
The Group recognized ₩14,641 million of impairment loss for the year ended December 31, 2022. |
(*3) |
As the Group obtained significant influence over the investee, ₩900 million of financial assets at FVOCI are reclassified to investments in associates for the year ended December 31, 2022. |
(*4) |
The acquisition for the year ended December 31, 2022 includes ₩2,000 million of cash investment in Smart SKT Infinitum Game Fund, ₩4,000 million of cash investment in KB ESG Fund of three telecommunications companies and ₩12 million of cash investment in SK VENTURE CAPITAL, LLC. The disposal for the year ended December 31, 2022 includes ₩4,850 million relating to disposal of the part of shares of Start-up Win-Win Fund and ₩1,080 million relating to disposal of the part of shares of Daekyo Wipoongdangdang Contents Korea Fund. In addition, dividends amounting to ₩1,290 million received from Start-up Win-Win Fund deducted from the carrying amount for the year ended December 31, 2022. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments in associates: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SK China Company Ltd.(*1) |
|
₩ |
555,133 |
|
|
|
— |
|
|
|
274,066 |
|
|
|
95,696 |
|
|
|
(131,141 |
) |
|
|
— |
|
|
|
793,754 |
|
|
|
|
323,294 |
|
|
|
— |
|
|
|
31,734 |
|
|
|
(4,336 |
) |
|
|
(10,716 |
) |
|
|
— |
|
|
|
339,976 |
|
|
|
|
314,930 |
|
|
|
— |
|
|
|
35,057 |
|
|
|
(121 |
) |
|
|
— |
|
|
|
— |
|
|
|
349,866 |
|
SK Telecom CS T1 Co., Ltd.(*2) |
|
|
53,010 |
|
|
|
4,888 |
|
|
|
(8,769 |
) |
|
|
(575 |
) |
|
|
— |
|
|
|
(48,554 |
) |
|
|
— |
|
|
|
|
43,190 |
|
|
|
— |
|
|
|
1,836 |
|
|
|
(86 |
) |
|
|
— |
|
|
|
(44,940 |
) |
|
|
— |
|
|
|
|
15,700 |
|
|
|
— |
|
|
|
1,475 |
|
|
|
1,981 |
|
|
|
— |
|
|
|
— |
|
|
|
19,156 |
|
SK Technology Innovation Company |
|
|
41,579 |
|
|
|
— |
|
|
|
39,256 |
|
|
|
5,466 |
|
|
|
— |
|
|
|
— |
|
|
|
86,301 |
|
|
|
|
14,043 |
|
|
|
— |
|
|
|
2 |
|
|
|
1,298 |
|
|
|
— |
|
|
|
— |
|
|
|
15,343 |
|
|
|
|
12,251,861 |
|
|
|
19,482 |
|
|
|
1,542,757 |
|
|
|
197,473 |
|
|
|
(170,937 |
) |
|
|
(13,840,636 |
) |
|
|
— |
|
SK Latin America Investment S.A. |
|
|
13,930 |
|
|
|
— |
|
|
|
(49 |
) |
|
|
123 |
|
|
|
— |
|
|
|
— |
|
|
|
14,004 |
|
Grab Geo Holdings PTE. LTD.(*2) |
|
|
30,063 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(30,063 |
) |
|
|
— |
|
SK South East Asia Investment Pte. Ltd. |
|
|
311,990 |
|
|
|
— |
|
|
|
(18,218 |
) |
|
|
55,010 |
|
|
|
— |
|
|
|
— |
|
|
|
348,782 |
|
|
|
|
39,723 |
|
|
|
— |
|
|
|
1,598 |
|
|
|
2,468 |
|
|
|
— |
|
|
|
— |
|
|
|
43,789 |
|
SM. Culture & Contents Co., Ltd. |
|
|
62,248 |
|
|
|
144 |
|
|
|
(2,484 |
) |
|
|
353 |
|
|
|
— |
|
|
|
— |
|
|
|
60,261 |
|
Contents Wavve Co., Ltd.(*2) |
|
|
75,803 |
|
|
|
100,000 |
|
|
|
(20,716 |
) |
|
|
— |
|
|
|
— |
|
|
|
(155,087 |
) |
|
|
— |
|
Hello Nature Co., Ltd.(*2,3) |
|
|
11,969 |
|
|
|
9,980 |
|
|
|
(10,899 |
) |
|
|
(1 |
) |
|
|
(1,730 |
) |
|
|
(9,319 |
) |
|
|
— |
|
Digital Games International Pte. Ltd. |
|
|
6,449 |
|
|
|
— |
|
|
|
(4,529 |
) |
|
|
288 |
|
|
|
— |
|
|
|
— |
|
|
|
2,208 |
|
Invites Healthcare Co., Ltd. |
|
|
25,536 |
|
|
|
7,000 |
|
|
|
(5,968 |
) |
|
|
(94 |
) |
|
|
— |
|
|
|
— |
|
|
|
26,474 |
|
Nam Incheon Broadcasting Co., Ltd.(*1) |
|
|
10,902 |
|
|
|
— |
|
|
|
1,759 |
|
|
|
— |
|
|
|
(136 |
) |
|
|
— |
|
|
|
12,525 |
|
|
|
|
28,484 |
|
|
|
(47 |
) |
|
|
(2,049 |
) |
|
|
— |
|
|
|
2,437 |
|
|
|
(28,825 |
) |
|
|
— |
|
|
|
|
3,585 |
|
|
|
— |
|
|
|
(533 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
3,052 |
|
Carrot General Insurance Co., Ltd.(*4) |
|
|
13,469 |
|
|
|
12,289 |
|
|
|
(6,666 |
) |
|
|
(358 |
) |
|
|
(8,734 |
) |
|
|
(10,000 |
) |
|
|
— |
|
|
|
|
— |
|
|
|
15,739 |
|
|
|
(423 |
) |
|
|
— |
|
|
|
— |
|
|
|
(15,316 |
) |
|
|
— |
|
|
|
|
— |
|
|
|
86,319 |
|
|
|
(7,773 |
) |
|
|
— |
|
|
|
— |
|
|
|
(78,546 |
) |
|
|
— |
|
|
|
|
— |
|
|
|
34,166 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(34,166 |
) |
|
|
— |
|
|
|
|
1,265 |
|
|
|
2,015 |
|
|
|
357 |
|
|
|
2 |
|
|
|
— |
|
|
|
— |
|
|
|
3,639 |
|
12CM JAPAN and others(*2,5) |
|
|
64,485 |
|
|
|
7,023 |
|
|
|
(3,226 |
) |
|
|
7,691 |
|
|
|
(1,624 |
) |
|
|
(5,383 |
) |
|
|
68,966 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
14,312,641 |
|
|
|
298,998 |
|
|
|
1,837,595 |
|
|
|
362,278 |
|
|
|
(322,581 |
) |
|
|
(14,300,835 |
) |
|
|
2,188,096 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investments in joint ventures: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15,071 |
|
|
|
— |
|
|
|
(6,990 |
) |
|
|
(1,447 |
) |
|
|
— |
|
|
|
(6,634 |
) |
|
|
— |
|
|
|
|
13,342 |
|
|
|
— |
|
|
|
(5,969 |
) |
|
|
(118 |
) |
|
|
— |
|
|
|
— |
|
|
|
7,255 |
|
NEXTGEN BROADCAST SERVICES CO, LLC(*2) |
|
|
5,850 |
|
|
|
9,048 |
|
|
|
(1,276 |
) |
|
|
— |
|
|
|
892 |
|
|
|
(14,514 |
) |
|
|
— |
|
NEXTGEN ORCHESTRATION, LLC(*2) |
|
|
1,600 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
142 |
|
|
|
(1,742 |
) |
|
|
— |
|
|
|
|
5,609 |
|
|
|
— |
|
|
|
(94 |
) |
|
|
145 |
|
|
|
— |
|
|
|
(5,660 |
) |
|
|
— |
|
WAVVE Americas Inc. (Formerly, Korea Content Platform, Inc.)(*2) |
|
|
— |
|
|
|
30,191 |
|
|
|
(14 |
) |
|
|
— |
|
|
|
598 |
|
|
|
(30,775 |
) |
|
|
— |
|
UTC Kakao-SK Telecom ESG Fund |
|
|
— |
|
|
|
2,000 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
2,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
41,472 |
|
|
|
41,239 |
|
|
|
(14,343 |
) |
|
|
(1,420 |
) |
|
|
1,632 |
|
|
|
(59,325 |
) |
|
|
9,255 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
₩ |
14,354,113 |
|
|
|
340,237 |
|
|
|
1,823,252 |
|
|
|
360,858 |
|
|
|
(320,949 |
) |
|
|
(14,360,160 |
) |
|
|
2,197,351 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(*1) |
Dividends received from the associates are deducted from the carrying amount for the year ended December 31, 2021. |
(*2) |
Investment in SK Telecom CS T1 Co., Ltd. and twenty-three other associates and joint ventures were transferred to the spin-off company for the year ended December 31, 2021. In addition, profit or loss related to investments in associates and joint ventures, which are transferred to the spin-off company, are included in profit or loss from discontinued operations. |
(*3) |
The Group recognized ₩1,730 million of impairment loss for the investments in Hello Nature Co., Ltd. for the year ended December 31, 2021. |
(*4) |
The Parent Company has entered into an agreement whereby the entire shares of Carrot General Insurance Co., Ltd. will transfer to Tmap Mobility Co., Ltd. In accordance with the agreement, the Parent Company reclassified the investments in Carrot General Insurance Co., Ltd. amounting to ₩ 8,734 million as non-current assets held for sale (See note 40). Meanwhile, the investment in Carrot General Insurance Co., Ltd. amounting to ₩10,000 million owned by Tmap Mobility Co., Ltd., a subsidiary of the Parent Company before spin-off, were transferred to the spin-off company for the year ended December 31, 2021. |
(*5) |
The acquisition for the year ended December 31, 2021 includes ₩1,000 million of cash investment in Studio Yesone Co., Ltd. and ₩1,000 million of cash investment in SONNORI Corp. and ₩687 million of cash investment in WALDEN SKT VENTURE FUND and ₩3,000 million of cash investment in Smart SKT Infinitum Game Fund and ₩1,600 million of cash investment in Laguna Dynamic Game&Contents Fund. The disposal for the year ended December 31, 2021 includes ₩334 million relating to disposal of the part of shares of KDX Korea Data Exchange. |
(7) |
The Group discontinued the application of equity method to the following investees due to their carrying amounts being reduced to zero. The details of cumulative unrecognized equity method losses as of December 31, 2022 are as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
Unrecognized change in equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Wave City Development Co., Ltd. |
|
₩ |
152 |
|
|
|
8,695 |
|
|
|
— |
|
|
|
— |
|
Daehan Kanggun BcN Co., Ltd. and others |
|
|
— |
|
|
|
5,780 |
|
|
|
— |
|
|
|
(124 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
₩ |
152 |
|
|
|
14,475 |
|
|
|
— |
|
|
|
(124 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|