Changes in property, plant and equipment for the years ended December 31, 2016 and 2017 are as follows: |
| 2016 | ||||||||||||||||||||||||||||||||
| Beginning balance |
Acquisition | Disposal | Depreciation | Impairment | Others | Ending balance |
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| In millions of won | ||||||||||||||||||||||||||||||||
|
Land |
￦ | 12,396,460 | 13,973 | (52,569 | ) | — | — | 611,877 | 12,969,741 | |||||||||||||||||||||||
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(Government grants) |
(3,147 | ) | — | 14 | — | — | (71 | ) | (3,204 | ) | ||||||||||||||||||||||
|
Buildings |
9,676,432 | — | (9,020 | ) | (676,866 | ) | — | 2,794,078 | 11,784,624 | |||||||||||||||||||||||
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(Government grants) |
(63,932 | ) | — | 731 | 5,299 | — | (3,286 | ) | (61,188 | ) | ||||||||||||||||||||||
|
Structures |
40,258,162 | 455 | (524,310 | ) | (2,233,333 | ) | — | 5,829,441 | 43,330,415 | |||||||||||||||||||||||
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(Government grants) |
(193,119 | ) | — | 2,597 | 9,491 | — | (16,610 | ) | (197,641 | ) | ||||||||||||||||||||||
|
Machinery |
36,864,749 | 193,017 | (243,757 | ) | (4,353,596 | ) | — | 10,961,532 | 43,421,945 | |||||||||||||||||||||||
|
(Government grants) |
(108,935 | ) | (33 | ) | 1,210 | 12,272 | — | (15,578 | ) | (111,064 | ) | |||||||||||||||||||||
|
Ships |
786 | — | — | (281 | ) | — | 45 | 550 | ||||||||||||||||||||||||
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Vehicles |
60,472 | 2,493 | (34 | ) | (27,615 | ) | — | 35,654 | 70,970 | |||||||||||||||||||||||
|
(Government grants) |
(29 | ) | (58 | ) | — | 25 | — | (45 | ) | (107 | ) | |||||||||||||||||||||
|
Equipment |
310,571 | 67,134 | (323 | ) | (128,084 | ) | — | 127,097 | 376,395 | |||||||||||||||||||||||
|
(Government grants) |
(1,026 | ) | — | — | 452 | — | (158 | ) | (732 | ) | ||||||||||||||||||||||
|
Tools |
160,630 | 27,856 | (327 | ) | (69,842 | ) | — | 60,715 | 179,032 | |||||||||||||||||||||||
|
(Government grants) |
(691 | ) | — | — | 295 | — | (34 | ) | (430 | ) | ||||||||||||||||||||||
|
Construction-in-progress |
35,267,026 | 11,752,352 | (94,443 | ) | — | — | (19,628,675 | ) | 27,296,260 | |||||||||||||||||||||||
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(Government grants) |
(139,898 | ) | (28,434 | ) | — | — | — | 32,525 | (135,807 | ) | ||||||||||||||||||||||
|
Finance lease assets |
511,509 | 34 | (31 | ) | (96,254 | ) | — | (8,905 | ) | 406,353 | ||||||||||||||||||||||
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Asset retirement costs |
4,106,087 | — | — | (509,310 | ) | — | 468,635 | 4,065,412 | ||||||||||||||||||||||||
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Others |
2,259,244 | — | (9 | ) | (813,248 | ) | — | 905,545 | 2,351,532 | |||||||||||||||||||||||
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| ￦ | 141,361,351 | 12,028,789 | (920,271 | ) | (8,880,595 | ) | — | 2,153,782 | 145,743,056 | |||||||||||||||||||||||
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| 2017 | ||||||||||||||||||||||||||||||||
| Beginning balance |
Acquisition | Disposal | Depreciation | Impairment(*) | Others | Ending balance |
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| In millions of won | ||||||||||||||||||||||||||||||||
|
Land |
￦ | 12,969,741 | 32,773 | (8,961 | ) | — | — | 324,989 | 13,318,542 | |||||||||||||||||||||||
|
(Government grants) |
(3,204 | ) | — | 5 | — | — | (18,769 | ) | (21,968 | ) | ||||||||||||||||||||||
|
Buildings |
11,784,624 | 40,592 | (19,715 | ) | (794,804 | ) | (923 | ) | 1,043,752 | 12,053,526 | ||||||||||||||||||||||
|
(Government grants) |
(61,188 | ) | (900 | ) | 28 | 5,996 | — | (7,475 | ) | (63,539 | ) | |||||||||||||||||||||
|
Structures |
43,330,415 | 428 | (519,366 | ) | (2,421,168 | ) | (6,856 | ) | 3,721,325 | 44,104,778 | ||||||||||||||||||||||
|
(Government grants) |
(197,641 | ) | — | 1,905 | 10,011 | — | (10,689 | ) | (196,414 | ) | ||||||||||||||||||||||
|
Machinery |
43,421,945 | 421,892 | (242,428 | ) | (4,821,595 | ) | (43,121 | ) | 8,139,105 | 46,875,798 | ||||||||||||||||||||||
|
(Government grants) |
(111,064 | ) | (10,834 | ) | 489 | 17,390 | — | (79,169 | ) | (183,188 | ) | |||||||||||||||||||||
|
Ships |
550 | — | — | (147 | ) | — | — | 403 | ||||||||||||||||||||||||
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Vehicles |
70,970 | 3,447 | (174 | ) | (34,236 | ) | (127 | ) | 41,158 | 81,038 | ||||||||||||||||||||||
|
(Government grants) |
(107 | ) | (107 | ) | 14 | 1,070 | — | (7,192 | ) | (6,322 | ) | |||||||||||||||||||||
|
Equipment |
376,395 | 53,529 | (413 | ) | (158,614 | ) | (6 | ) | 149,781 | 420,672 | ||||||||||||||||||||||
|
(Government grants) |
(732 | ) | (43 | ) | — | 454 | — | (440 | ) | (761 | ) | |||||||||||||||||||||
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Tools |
179,032 | 30,990 | (166 | ) | (74,909 | ) | (32 | ) | 65,748 | 200,663 | ||||||||||||||||||||||
|
(Government grants) |
(430 | ) | — | — | 354 | — | (951 | ) | (1,027 | ) | ||||||||||||||||||||||
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Construction-in-progress |
27,296,260 | 11,996,508 | (6,487 | ) | — | — | (13,713,740 | ) | 25,572,541 | |||||||||||||||||||||||
|
(Government grants) |
(135,807 | ) | (42,728 | ) | — | — | — | 129,451 | (49,084 | ) | ||||||||||||||||||||||
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Finance lease assets |
406,353 | — | (29,696 | ) | (107,390 | ) | — | 28,412 | 297,679 | |||||||||||||||||||||||
|
(Government grants) |
— | — | — | 1 | — | (28 | ) | (27 | ) | |||||||||||||||||||||||
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Asset retirement costs |
4,065,412 | — | — | (518,565 | ) | — | 2,492,637 | 6,039,484 | ||||||||||||||||||||||||
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Others |
2,351,532 | 10,411 | (28 | ) | (762,711 | ) | — | 840,416 | 2,439,620 | |||||||||||||||||||||||
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| ￦ | 145,743,056 | 12,535,958 | (824,993 | ) | (9,658,863 | ) | (51,065 | ) | 3,138,321 | 150,882,414 | ||||||||||||||||||||||
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| (*) | Korea Midland Power Co., Ltd. and Korea Western Power Co., Ltd., 100% owned subsidiaries, have determined that there are impairment indicators for the shutdowns of certain power generation units and fire, and performed an impairment test over the individual assets. As a result, the Company recognized the amount of the carrying amount in excess of its recoverable amount as impairment loss in the consolidated statements of comprehensive income. |