Borrowings and Debentures |
|
Borrowings and Debentures |
(1) |
Short-term borrowings as of December 31, 2022 and 2021 are as follows: |
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| |
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|
4.60 |
|
Jan. 20, 2023 |
|
₩ |
100,000 |
|
|
|
— |
|
|
|
6.62 |
|
Oct. 31, 2023 |
|
|
30,000 |
|
|
|
— |
|
Hana Financial Investment Co., Ltd.(*) |
|
6.30 |
|
May. 29, 2023 |
|
|
4,642 |
|
|
|
4,642 |
|
DB Financial Investment Co., Ltd.(*) |
|
6.30 |
|
May. 29, 2023 |
|
|
2,785 |
|
|
|
2,785 |
|
Shinhan Financial Investment Co., Ltd.(*) |
|
6.20 |
|
Feb. 20, 2023 |
|
|
5,571 |
|
|
|
5,571 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
₩ |
142,998 |
|
|
|
12,998 |
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|
|
|
|
|
|
|
|
|
(*) |
PanAsia Semiconductor Materials LLC., a subsidiary of the Parent Company, has pledged its ₩21,981 million of equity instruments at FVTPL on ₩12,998 million of short-term loans as of December 31, 2022. |
(2) |
Long-term borrowings as of December 31, 2022 and 2021 are as follows: |
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| |
(In millions of won and thousands of other currencies) |
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|
|
|
|
Korea Development Bank(*1) |
|
|
1.87 |
|
|
|
Feb. 10, 2026 |
|
|
₩ |
40,625 |
|
|
|
50,000 |
|
Korea Development Bank(*2) |
|
|
3M CD + 0.71 |
|
|
|
Dec. 21, 2022 |
|
|
|
— |
|
|
|
12,500 |
|
Credit Agricole CIB(*2,3) |
|
|
3M CD + 0.82 |
|
|
|
Dec. 14, 2023 |
|
|
|
12,500 |
|
|
|
25,000 |
|
|
|
|
1.70 |
|
|
|
Apr. 29, 2022 |
|
|
|
— |
|
|
|
6,746 |
|
|
|
|
1.35 |
|
|
|
May. 20, 2024 |
|
|
|
100,000 |
|
|
|
100,000 |
|
|
|
|
1.32 |
|
|
|
May. 28, 2024 |
|
|
|
200,000 |
|
|
|
200,000 |
|
|
|
|
2.68 |
|
|
|
Mar. 10, 2025 |
|
|
|
200,000 |
|
|
|
— |
|
|
|
|
3.30 |
|
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|
Apr. 29, 2024 |
|
|
|
50,000 |
|
|
|
— |
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|
|
|
3.29 |
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|
|
Nov. 27, 2023 |
|
|
|
100,000 |
|
|
|
— |
|
|
|
|
MOR + 1.96 |
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|
Nov. 17, 2024 |
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|
|
40,000 |
|
|
|
— |
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|
|
|
4.89 |
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|
Nov. 28, 2025 |
|
|
|
50,000 |
|
|
|
— |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
793,125 |
|
|
|
394,246 |
|
Less: present value discount |
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|
|
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|
(13 |
) |
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|
(59 |
) |
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793,112 |
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|
394,187 |
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|
(124,987 |
) |
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|
(41,065 |
) |
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|
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|
₩ |
668,125 |
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|
353,122 |
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(*1) |
The long-term borrowings are to be repaid by installments on an annual basis from 2022 to 2026. |
(*2) |
3M CD rates are % and % as of December 31, 2022 and 2021, respectively. |
(*3) |
The long-term borrowings are to be repaid by installments on an annual basis from 2020 to 2023. |
(*4) |
6M MOR rates are 4.35% as of December 31, 2022. |
(3) |
Debentures as of December 31, 2022 and 2021 are as follows: |
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| |
(In millions of won and thousands of U.S. dollars) |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unsecured corporate bonds |
|
Operating and refinancing fund |
|
|
2022 |
|
|
|
3.30 |
|
|
|
— |
|
|
|
140,000 |
|
Unsecured corporate bonds |
|
|
2032 |
|
|
|
3.45 |
|
|
|
90,000 |
|
|
|
90,000 |
|
Unsecured corporate bonds |
|
Operating fund |
|
|
2023 |
|
|
|
3.03 |
|
|
|
230,000 |
|
|
|
230,000 |
|
Unsecured corporate bonds |
|
|
2033 |
|
|
|
3.22 |
|
|
|
130,000 |
|
|
|
130,000 |
|
Unsecured corporate bonds |
|
|
2024 |
|
|
|
3.64 |
|
|
|
150,000 |
|
|
|
150,000 |
|
Unsecured corporate bonds |
|
Refinancing fund |
|
|
2024 |
|
|
|
2.82 |
|
|
|
190,000 |
|
|
|
190,000 |
|
Unsecured corporate bonds |
|
|
|
|
2022 |
|
|
|
2.40 |
|
|
|
— |
|
|
|
100,000 |
|
Unsecured corporate bonds |
|
|
2025 |
|
|
|
2.49 |
|
|
|
150,000 |
|
|
|
150,000 |
|
Unsecured corporate bonds |
|
|
2030 |
|
|
|
2.61 |
|
|
|
50,000 |
|
|
|
50,000 |
|
Unsecured corporate bonds |
|
Operating fund |
|
|
2025 |
|
|
|
2.66 |
|
|
|
70,000 |
|
|
|
70,000 |
|
Unsecured corporate bonds |
|
|
2030 |
|
|
|
2.82 |
|
|
|
90,000 |
|
|
|
90,000 |
|
Unsecured corporate bonds |
|
Operating and refinancing fund |
|
|
2025 |
|
|
|
2.55 |
|
|
|
100,000 |
|
|
|
100,000 |
|
Unsecured corporate bonds |
|
|
2035 |
|
|
|
2.75 |
|
|
|
70,000 |
|
|
|
70,000 |
|
Unsecured corporate bonds |
|
Operating fund |
|
|
2026 |
|
|
|
2.08 |
|
|
|
90,000 |
|
|
|
90,000 |
|
Unsecured corporate bonds |
|
|
2036 |
|
|
|
2.24 |
|
|
|
80,000 |
|
|
|
80,000 |
|
Unsecured corporate bonds |
|
|
2026 |
|
|
|
1.97 |
|
|
|
120,000 |
|
|
|
120,000 |
|
Unsecured corporate bonds |
|
|
2031 |
|
|
|
2.17 |
|
|
|
50,000 |
|
|
|
50,000 |
|
Unsecured corporate bonds |
|
Refinancing fund |
|
|
2022 |
|
|
|
2.17 |
|
|
|
— |
|
|
|
120,000 |
|
Unsecured corporate bonds |
|
|
2027 |
|
|
|
2.55 |
|
|
|
100,000 |
|
|
|
100,000 |
|
Unsecured corporate bonds |
|
|
|
|
2032 |
|
|
|
2.65 |
|
|
|
90,000 |
|
|
|
90,000 |
|
Unsecured corporate bonds |
|
|
|
|
2022 |
|
|
|
2.63 |
|
|
|
— |
|
|
|
80,000 |
|
Unsecured corporate bonds |
|
Refinancing fund |
|
|
2027 |
|
|
|
2.84 |
|
|
|
100,000 |
|
|
|
100,000 |
|
Unsecured corporate bonds |
|
|
2023 |
|
|
|
2.81 |
|
|
|
100,000 |
|
|
|
100,000 |
|
Unsecured corporate bonds |
|
|
2028 |
|
|
|
3.00 |
|
|
|
200,000 |
|
|
|
200,000 |
|
Unsecured corporate bonds |
|
|
2038 |
|
|
|
3.02 |
|
|
|
90,000 |
|
|
|
90,000 |
|
Unsecured corporate bonds |
|
|
|
|
2023 |
|
|
|
2.33 |
|
|
|
150,000 |
|
|
|
150,000 |
|
Unsecured corporate bonds |
|
|
2038 |
|
|
|
2.44 |
|
|
|
50,000 |
|
|
|
50,000 |
|
Unsecured corporate bonds |
|
Operating fund |
|
|
2022 |
|
|
|
2.03 |
|
|
|
— |
|
|
|
180,000 |
|
Unsecured corporate bonds |
|
|
2024 |
|
|
|
2.09 |
|
|
|
120,000 |
|
|
|
120,000 |
|
Unsecured corporate bonds |
|
|
2029 |
|
|
|
2.19 |
|
|
|
50,000 |
|
|
|
50,000 |
|
Unsecured corporate bonds |
|
|
2039 |
|
|
|
2.23 |
|
|
|
50,000 |
|
|
|
50,000 |
|
Unsecured corporate bonds |
|
|
|
|
2022 |
|
|
|
1.40 |
|
|
|
— |
|
|
|
120,000 |
|
Unsecured corporate bonds |
|
|
2024 |
|
|
|
1.49 |
|
|
|
60,000 |
|
|
|
60,000 |
|
Unsecured corporate bonds |
|
|
2029 |
|
|
|
1.50 |
|
|
|
120,000 |
|
|
|
120,000 |
|
Unsecured corporate bonds |
|
|
2039 |
|
|
|
1.52 |
|
|
|
50,000 |
|
|
|
50,000 |
|
Unsecured corporate bonds |
|
|
2049 |
|
|
|
1.56 |
|
|
|
50,000 |
|
|
|
50,000 |
|
Unsecured corporate bonds |
|
Operating fund |
|
|
2022 |
|
|
|
1.69 |
|
|
|
— |
|
|
|
230,000 |
|
Unsecured corporate bonds |
|
|
2024 |
|
|
|
1.76 |
|
|
|
70,000 |
|
|
|
70,000 |
|
Unsecured corporate bonds |
|
|
2029 |
|
|
|
1.79 |
|
|
|
40,000 |
|
|
|
40,000 |
|
Unsecured corporate bonds |
|
|
2039 |
|
|
|
1.81 |
|
|
|
60,000 |
|
|
|
60,000 |
|
Unsecured corporate bonds |
|
Operating and refinancing fund |
|
|
2023 |
|
|
|
1.64 |
|
|
|
170,000 |
|
|
|
170,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(In millions of won and thousands of U.S. dollars) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unsecured corporate bonds |
|
Operating fund |
|
|
2025 |
|
|
|
1.75 |
|
|
|
130,000 |
|
|
|
130,000 |
|
Unsecured corporate bonds |
|
|
2030 |
|
|
|
1.83 |
|
|
|
50,000 |
|
|
|
50,000 |
|
Unsecured corporate bonds |
|
|
2040 |
|
|
|
1.87 |
|
|
|
70,000 |
|
|
|
70,000 |
|
Unsecured corporate bonds |
|
Refinancing fund |
|
|
2025 |
|
|
|
1.40 |
|
|
|
140,000 |
|
|
|
140,000 |
|
Unsecured corporate bonds |
|
|
2030 |
|
|
|
1.59 |
|
|
|
40,000 |
|
|
|
40,000 |
|
Unsecured corporate bonds |
|
|
2040 |
|
|
|
1.76 |
|
|
|
110,000 |
|
|
|
110,000 |
|
Unsecured corporate bonds |
|
Refinancing fund |
|
|
2024 |
|
|
|
1.17 |
|
|
|
80,000 |
|
|
|
80,000 |
|
Unsecured corporate bonds |
|
|
2026 |
|
|
|
1.39 |
|
|
|
80,000 |
|
|
|
80,000 |
|
Unsecured corporate bonds |
|
|
2031 |
|
|
|
1.80 |
|
|
|
50,000 |
|
|
|
50,000 |
|
Unsecured corporate bonds |
|
|
2041 |
|
|
|
1.89 |
|
|
|
100,000 |
|
|
|
100,000 |
|
Unsecured corporate bonds |
|
Refinancing fund |
|
|
2024 |
|
|
|
2.47 |
|
|
|
90,000 |
|
|
|
90,000 |
|
Unsecured corporate bonds |
|
|
2026 |
|
|
|
2.69 |
|
|
|
70,000 |
|
|
|
70,000 |
|
Unsecured corporate bonds |
|
|
2041 |
|
|
|
2.68 |
|
|
|
40,000 |
|
|
|
40,000 |
|
Unsecured corporate bonds |
|
|
|
|
2025 |
|
|
|
3.80 |
|
|
|
240,000 |
|
|
|
— |
|
Unsecured corporate bonds |
|
|
|
|
2027 |
|
|
|
3.84 |
|
|
|
70,000 |
|
|
|
— |
|
Unsecured corporate bonds |
|
|
2042 |
|
|
|
3.78 |
|
|
|
40,000 |
|
|
|
— |
|
Unsecured corporate bonds |
|
|
|
|
2025 |
|
|
|
4.00 |
|
|
|
300,000 |
|
|
|
— |
|
Unsecured corporate bonds |
|
|
2027 |
|
|
|
4.00 |
|
|
|
95,000 |
|
|
|
— |
|
Unsecured corporate bonds |
|
|
|
|
2024 |
|
|
|
4.79 |
|
|
|
100,000 |
|
|
|
— |
|
Unsecured corporate bonds |
|
|
2025 |
|
|
|
4.73 |
|
|
|
110,000 |
|
|
|
— |
|
Unsecured corporate bonds |
|
|
2027 |
|
|
|
4.74 |
|
|
|
60,000 |
|
|
|
— |
|
Unsecured corporate bonds |
|
|
|
|
2032 |
|
|
|
4.69 |
|
|
|
40,000 |
|
|
|
— |
|
Unsecured corporate bonds(*1) |
|
Operating fund |
|
|
2022 |
|
|
|
2.26 |
|
|
|
— |
|
|
|
150,000 |
|
Unsecured corporate bonds(*1) |
|
|
|
|
2022 |
|
|
|
2.70 |
|
|
|
— |
|
|
|
140,000 |
|
Unsecured corporate bonds(*1) |
|
|
|
|
2023 |
|
|
|
2.93 |
|
|
|
80,000 |
|
|
|
80,000 |
|
Unsecured corporate bonds(*1) |
|
Refinancing fund |
|
|
2022 |
|
|
|
2.00 |
|
|
|
— |
|
|
|
50,000 |
|
Unsecured corporate bonds(*1) |
|
|
2024 |
|
|
|
2.09 |
|
|
|
160,000 |
|
|
|
160,000 |
|
Unsecured corporate bonds(*1) |
|
|
|
|
2022 |
|
|
|
1.71 |
|
|
|
— |
|
|
|
80,000 |
|
Unsecured corporate bonds(*1) |
|
|
|
|
2024 |
|
|
|
1.71 |
|
|
|
100,000 |
|
|
|
100,000 |
|
Unsecured corporate bonds(*1) |
|
|
|
|
2026 |
|
|
|
1.86 |
|
|
|
50,000 |
|
|
|
50,000 |
|
Unsecured corporate bonds(*1) |
|
Refinancing fund |
|
|
2023 |
|
|
|
1.48 |
|
|
|
100,000 |
|
|
|
100,000 |
|
Unsecured corporate bonds(*1) |
|
|
|
|
2025 |
|
|
|
1.64 |
|
|
|
100,000 |
|
|
|
100,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(In millions of won and thousands of U.S. dollars) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unsecured corporate bonds(*1) |
|
Refinancing fund |
|
|
2025 |
|
|
|
1.41 |
|
|
|
160,000 |
|
|
|
160,000 |
|
Unsecured corporate bonds(*1) |
|
|
|
|
2024 |
|
|
|
1.69 |
|
|
|
100,000 |
|
|
|
100,000 |
|
Unsecured corporate bonds(*1) |
|
|
|
|
2025 |
|
|
|
2.58 |
|
|
|
100,000 |
|
|
|
— |
|
Unsecured corporate bonds(*1) |
|
|
|
|
2032 |
|
|
|
2.92 |
|
|
|
50,000 |
|
|
|
— |
|
|
|
Operating fund |
|
|
2027 |
|
|
|
6.63 |
|
|
|
506,920 |
|
|
|
474,200 |
|
|
|
|
|
|
2023 |
|
|
|
3.75 |
|
|
|
633,650 |
|
|
|
592,750 |
|
Unsecured global bonds(*1) |
|
Refinancing fund |
|
|
2023 |
|
|
|
3.88 |
|
|
|
380,190 |
|
|
|
355,650 |
|
|
|
Operating fund |
|
|
2025 |
|
|
|
3M LIBOR |
|
|
|
380,190 |
|
|
|
355,650 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,385,950 |
|
|
|
8,448,250 |
|
|
|
|
|
(19,256 |
) |
|
|
(21,567 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,366,694 |
|
|
|
8,426,683 |
|
Less: current portions of bonds |
|
|
|
(1,842,599 |
) |
|
|
(1,389,259 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,524,095 |
|
|
|
7,037,424 |
|
|
|
|
|
|
|
|
|
|
|
(*1) |
Unsecured corporate bonds were issued by SK Broadband Co., Ltd., a subsidiary of the Parent Company. |
(*2) |
3M LIBOR rates are 4.75% and 0.21% as of December 31, 2022 and 2021, respectively. |
|