KOREA ELECTRIC POWER CORP | CIK:0000887225 |

Filed: 4/30/2018

Entity registrant name: KOREA ELECTRIC POWER CORP (CIK: 0000887225)

Generator: Fujitsu

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37.

Other Income and Expense

(1)

Other income for the years ended December 31, 2015, 2016 and 2017 are as follows:


		2015		2016		2017
		In millions of won
Reversal of other provisions	￦		6,355		22,034		35,265
Reversal of other allowance for doubtful accounts			413		5,489		2,166
Gains on government grants			204		111		430
Gains on assets contributed			9,004		12,254		4,218
Gains on liabilities exempted			2,588		1,959		3,166
Compensation and reparations revenue			166,355		114,530		89,196
Revenue from research contracts			5,342		13,143		12,580
Income related to transfer of assets from customers			375,995		427,297		478,973
Rental income			196,406		211,580		192,136
Others			45,552		31,787		50,988

	￦		808,214		840,184		869,118

(2)

Details of others of other income for the years ended December 31, 2015, 2016 and 2017 are as follows:


		2015		2016		2017
		In millions of won
Refund of claim for rectification	￦		7,623		8,722		9,655
Adjustment of research project			4,090		4,148		3,884
Maintenance expenses on lease building			324		354		135
Training expenses			4,774		4,478		3,045
Deposit redemption			430		991		34
Reversal of expenses on litigation			219		893		360
Revenue on royalty fee			2,739		2,486		2,888
Reimbursement of insurance fee			11,797		—		1,498
Gains on guarantee contracts			4,523		2,796		456
Others			9,033		6,919		29,033

	￦		45,552		31,787		50,988

(3)

Other expense for the years ended December 31, 2015, 2016 and 2017 are as follows:


		2015		2016		2017
		In millions of won
Compensation and indemnification expense	￦		16,959		—		37
Accretion expenses of other provisions			4,575		4,556		7,535
Depreciation expenses on investment properties			669		678		1,176
Depreciation expenses on idle assets			6,698		6,639		6,644
Other bad debt expense			18,473		4,585		1,778
Donations			34,134		114,094		119,421
Others			27,340		58,072		43,464

	￦		108,848		188,624		180,055

(4)

Details of others of other expense for the years ended December 31, 2015, 2016 and 2017 are as follows:


		2015		2016		2017
		In millions of won
Operating expenses related to the idle assets	￦		779		459		136
Research grants			1,392		1,461		1,180
Supporting expenses on farming and fishing village			14,626		15,201		11,956
Operating expenses on fitness center			2,912		2,706		3,498
Expenses on adjustment of research and development grants			709		—		806
Taxes and dues			1,105		4,582		2,270
Expenses on R&D supporting			146		690		5,459
Moving expense			3,191		—		—
Others			2,480		32,973		18,159

	￦		27,340		58,072		43,464