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Share Capital and Capital Surplus and Others (Tables)
12 Months Ended
Dec. 31, 2022
Text block [abstract]  
Number of authorized, issued and outstanding common shares and the details of capital surplus and others
(1)
Details of share capital as of December 31, 2022 and 2021 are as follows:
 
(In millions of won, except for share data)
             
    
December 31, 2022
    
December 31, 2021
 
Number of authorized shares(*1)
     670,000,000        670,000,000  
Par value (in
W
on)(*1)
     100        100  
Number of issued shares
     218,833,144        218,833,144  
Share capital:
                 
Common share(*2)
   30,493        30,493  
 
 
(*1)
As a result of stock split and
spin-off
for the year ended December 31, 2021, the number of shares that the Parent Company is allowed to be issue under its article of incorporation has changed from 220,000,000 shares with a par value of ₩500 to 670,000,000 shares with a par value of ₩100.
 
(*2)
The Parent Company’s share capital decreased by ₩14,146 million as a result of
spin-off
for the year ended December 31, 2021. In addition, the Parent Company retired 8,685,568 treasury shares with reduction of its retained earnings before appropriation, as a result, the Parent Company’s issued shares have decreased without change in share capital for the year ended December 31, 2021. Meanwhile, in 2002 and 2003, the Parent Company retired treasury shares with reduction of its retained earnings before appropriation. As a result, the Parent Company’s issued shares have decreased without change in share capital.
(4)
Details of capital surplus and others as of December 31, 2022 and 2021 are as follows:
 
(In millions of won)
            
    
December 31, 2022
   
December 31, 2021
 
Paid-in
surplus
   1,771,000       1,771,000  
Treasury shares (Note 24)
     (36,702     (57,314
Hybrid bonds (Note 25)
     398,759       398,759  
Share option (Note 26)
     2,061       47,166  
Others (*)
     (13,702,235     (13,783,337
    
 
 
   
 
 
 
     (11,567,117     (11,623,726
    
 
 
   
 
 
 
 
 
(*)
Others primarily
consists
of the consideration paid
in excess of
the carrying amount of
the 
net assets acquired from
the 
entities under common control.
Details of shares outstanding
 
(3)
Details of shares outstanding as of December 31, 2022 and 2021 are as follows:
 
(In shares)
  
December 31, 2022
    
December 31, 2021
 
    
Issued

shares
    
Treasury
shares
    
Outstanding
shares
    
Issued

shares
    
Treasury
shares
    
Outstanding
shares
 
Shares outstanding
     218,833,144        801,091        218,032,053        218,833,144        1,250,992        217,582,152  
Disclosure of Reconciliation of number of shares outstanding
 
(2)
Changes in issued shares for the years ended December 31, 2022 and 2021 are as follows:
 
(In shares)
             
    
2022
    
2021
 
Issued shares as of January 1
     218,833,144        80,745,711  
Retirement of treasury shares(*1)
            (8,685,568
Stock split(*2)
            288,240,572  
Spin-off(*3)
            (141,467,571
    
 
 
    
 
 
 
Issued shares as of December 31
     218,833,144        218,833,144  
    
 
 
    
 
 
 
 
 
(*1)
The Parent Company retired 8,685,568 treasury shares with reduction of its retained earnings before appropriation for the year ended December 31, 2021.
 
(*2)
The stock split of the Parent Company’s common share was approved at the shareholders’ meeting held on October 12, to increase the number of its outstanding shares, effective from October 28, 2021. The par value of issued shares has changed from ₩500 to ₩100.
 
(*3)
The allocation of new shares to shareholders of the
spin-off
company is based on the number of shares at par value of ₩100 held by the shareholders of the Parent Company after the stock split and is allocated at the rate of the table below per common share of the Parent Company.
Disclosure of Allocation of new shares to shareholders
 
    
Surviving Company
    
Spin-off Company
 
Company name
     SK Telecom Co., Ltd.        SK Square Co., Ltd.  
Common shares (in the number of shares)
     0.6073625        0.3926375