• Entity registrant name: POSCO (CIK: 0000889132)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/889132/000119312518136684/0001193125-18-136684-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/889132/000119312518136684/pkx-20171231.xml
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    Component: (Network and Table)
    Network
    1006 - Statement - Consolidated Statements of Cash Flows
    (http://imetrix.edgar-online.com/taxonomy/role/StatementOfCashFlowsIndirectMethod-520000)
    Table (Implied)
    Slicers (applies to each fact value in each table cell)
    Reporting Entity [Axis] 0000889132 (http://www.sec.gov/CIK)
    Statement of cash flows [abstract] Period [Axis]
    2017-01-01 - 2017-12-31
    2016-01-01 - 2016-12-31
    2015-01-01 - 2015-12-31
    Statement of cash flows [abstract]
     
     
     
    Cash flows from operating activities
     
     
     
    Profit (loss)
    2,909,311,000,000  
    1,032,065,000,000  
    (116,215,000,000) 
    Adjustments for:
     
     
     
    Depreciation
    2,887,646,000,000  
    2,835,843,000,000  
    2,836,663,000,000  
    Amortization
    409,774,000,000  
    378,004,000,000  
    381,583,000,000  
    Finance income
    (1,376,324,000,000) 
    (882,905,000,000) 
    (1,165,340,000,000) 
    Finance costs
    1,440,282,000,000  
    1,501,953,000,000  
    1,852,862,000,000  
    Income tax expense
    1,185,740,000,000  
    379,544,000,000  
    266,560,000,000  
    Gain on disposal of property, plant and equipment
    (32,145,000,000) 
    (23,826,000,000) 
    (22,730,000,000) 
    Loss on disposal of property, plant and equipment
    151,343,000,000  
    86,622,000,000  
    101,732,000,000  
    Impairment losses on property, plant and equipment
    117,231,000,000  
    196,882,000,000  
    136,269,000,000  
    Gain on disposal of investments in subsidiaries, associates and joint ventures
    (81,794,000,000) 
    (23,305,000,000) 
    (88,718,000,000) 
    Loss on disposal of investments in subsidiaries, associates and joint ventures
    19,985,000,000  
    22,499,000,000  
    18,996,000,000  
    Share of loss (profit) of equity-accounted investees
    (10,540,000,000) 
    88,677,000,000  
    506,054,000,000  
    Expenses related to post-employment benefits
    199,926,000,000  
    333,139,000,000  
    245,402,000,000  
    Increase to provisions
    215,383,000,000  
    189,914,000,000  
    86,903,000,000  
    Bad debt expenses
    271,871,000,000  
    202,717,000,000  
    337,235,000,000  
    Loss on valuation of inventories
    78,560,000,000  
    152,249,000,000  
    152,952,000,000  
    Impairment losses on goodwill and intangible assets
    167,995,000,000  
    127,875,000,000  
    161,412,000,000  
    Gain on disposal of assets held for sale
    (1,180,000,000) 
    (23,112,000,000) 
    (227,956,000,000) 
    Loss on disposal of assets held for sale
    608,000,000  
    254,000,000  
    190,357,000,000  
    Impairment losses on assets held for sale
    		  
    24,890,000,000  
    133,547,000,000  
    Others, net
    (33,092,000,000) 
    7,879,000,000  
    48,079,000,000  
    Adjustments to reconcile profit (loss) other than changes in working capital
    5,611,269,000,000  
     
    5,575,793,000,000  
     
    5,951,862,000,000  
     
    Changes in operating assets and liabilities
    (1,841,633,000,000) 
    (404,570,000,000) 
    2,784,452,000,000  
    Interest received
    244,980,000,000  
    206,839,000,000  
    198,193,000,000  
    Interest paid
    (735,735,000,000) 
    (691,264,000,000) 
    (831,566,000,000) 
    Dividends received
    225,514,000,000  
    152,559,000,000  
    237,715,000,000  
    Income taxes paid
    (806,396,000,000) 
    (602,004,000,000) 
    (622,612,000,000) 
    Net cash provided by operating activities
    5,607,310,000,000  
     
    5,269,418,000,000  
     
    7,601,829,000,000  
     
    Cash flows from investing activities
     
     
     
    Acquisitions of short-term financial instruments
    (20,843,530,000,000) 
    (18,578,809,000,000) 
    (13,037,990,000,000) 
    Proceeds from disposal of short-term financial instruments
    19,146,634,000,000  
    17,177,409,000,000  
    10,595,379,000,000  
    Acquisitions of long-term financial instruments
    (22,532,000,000) 
    (8,249,000,000) 
    (34,733,000,000) 
    Increase in loans
    (1,055,895,000,000) 
    (603,332,000,000) 
    (295,689,000,000) 
    Collection of loans
    667,045,000,000  
    557,064,000,000  
    308,906,000,000  
    Acquisitions of available-for-sale investments
    (66,278,000,000) 
    (328,151,000,000) 
    (87,824,000,000) 
    Proceeds from disposal of available-for-sale investments
    1,006,856,000,000  
    280,066,000,000  
    308,161,000,000  
    Acquisitions of investments in associates and joint ventures
    (60,277,000,000) 
    (173,769,000,000) 
    (77,155,000,000) 
    Proceeds from disposal of investments in associates and joint ventures
    74,881,000,000  
    7,914,000,000  
    11,813,000,000  
    Acquisitions of property, plant and equipment
    (2,287,580,000,000) 
    (2,324,112,000,000) 
    (2,560,244,000,000) 
    Proceeds from disposal of property, plant and equipment
    39,183,000,000  
    44,330,000,000  
    59,031,000,000  
    Acquisitions of investment property
    (69,169,000,000) 
    (45,735,000,000) 
    (61,478,000,000) 
    Proceeds from disposal of investment property
    5,771,000,000  
    11,624,000,000  
    1,120,000,000  
    Acquisitions of intangible assets
    (343,423,000,000) 
    (138,181,000,000) 
    (289,148,000,000) 
    Proceeds from disposal of intangible assets
    28,502,000,000  
    8,672,000,000  
    12,832,000,000  
    Proceeds from disposal of assets held for sale
    203,958,000,000  
    305,813,000,000  
    127,133,000,000  
    Increase in cash from (payment for) acquisition of business, net of cash acquired
    (174,165,000,000) 
    4,503,000,000  
    		  
    Cash received (decrease in cash) from disposal of business, net of cash transferred
    (53,008,000,000) 
    21,223,000,000  
    469,576,000,000  
    Others, net
    (14,847,000,000) 
    27,093,000,000  
    15,634,000,000  
    Net cash used in investing activities
    (3,817,874,000,000) 
     
    (3,754,627,000,000) 
     
    (4,534,676,000,000) 
     
    Cash flows from financing activities
     
     
     
    Proceeds from borrowings
    1,725,983,000,000  
    1,988,665,000,000  
    1,779,097,000,000  
    Repayment of borrowings
    (3,136,016,000,000) 
    (4,274,895,000,000) 
    (3,509,970,000,000) 
    Proceeds from (repayment of) short-term borrowings, net
    558,083,000,000  
    (885,861,000,000) 
    (846,230,000,000) 
    Payment of cash dividends
    (863,450,000,000) 
    (708,970,000,000) 
    (822,570,000,000) 
    Payment of interest of hybrid bonds
    (67,783,000,000) 
    (68,097,000,000) 
    (67,725,000,000) 
    Capital contribution from non-controlling interests and proceeds from disposal of subsidiary while maintaining control
    266,219,000,000  
    24,704,000,000  
    1,260,053,000,000  
    Capital deduction from non-controlling interests and additional acquisition of interests in subsidiaries
    (26,288,000,000) 
    (11,301,000,000) 
    (10,810,000,000) 
    Others, net
    (22,276,000,000) 
    (15,212,000,000) 
    (23,446,000,000) 
    Net cash used in financing activities
    (1,565,528,000,000) 
     
    (3,950,967,000,000) 
     
    (2,241,601,000,000) 
     
    Effect of exchange rate fluctuation on cash held
    (58,997,000,000) 
    12,611,000,000  
    23,496,000,000  
    Net increase (decrease) in cash and cash equivalents
    164,911,000,000  
     
    (2,423,565,000,000) 
     
    849,048,000,000  
     
    Cash and cash equivalents at beginning of the period
    2,447,619,000,000  
    4,871,184,000,000  
    4,022,136,000,000  
    Cash and cash equivalents at end of the period
    2,612,530,000,000  
     
    2,447,619,000,000  
     
    4,871,184,000,000