KT CORP | CIK:0000892450 | 3

  • Filed: 4/30/2018
  • Entity registrant name: KT CORP (CIK: 0000892450)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/892450/000119312518141554/0001193125-18-141554-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/892450/000119312518141554/kt-20171231.xml
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    • ifrs-full:DisclosureOfInventoriesExplanatory

    8. Inventories

    Inventories as of December 31, 2016 and 2017, are as follows:

     

         2016      2017  
    (In millions of Korean won)    Acquisition
    cost    		      Valuation
    allowance    		     Book
    amount    		      Acquisition
    cost    		      Valuation
    allowance    		     Book
    amount    		  

    Merchandise

    		    ￦ 403,938      ￦ (46,634 )    ￦ 357,304      ￦ 504,321      ￦ (58,293 )    ￦ 446,028  

    Others

    		      97,778        (494 )      97,284        195,999        —         195,999  
      

     

     

    		     

     

     

    		    

     

     

    		     

     

     

    		     

     

     

    		    

     

     

    		  

    Total

    		    ￦ 501,716      ￦ (47,128 )    ￦ 454,588      ￦ 700,320      ￦ (58,293 )    ￦ 642,027  
      

     

     

    		     

     

     

    		    

     

     

    		     

     

     

    		     

     

     

    		    

     

     

    		  

    Cost of inventories recognized as expenses for year ended December 31, 2017, amounts to ￦3,855,089 million (2015: ￦3,760,892 million, 2016: ￦3,589,809 million) and valuation loss on inventory on inventory recognized amounts to ￦11,165 million for year ended December 31, 2017 (2015: valuation loss on inventory amounts to ￦4,116 million, 2016: reversal of valuation allowance of ￦20,223 million).