| 16. | Capital and Reserves |
| (a) | Share capital |
The Controlling Company is authorized to issue 500,000,000 shares
of capital stock (par value
W
| (b) | Reserves |
Reserves consist mainly of the following:
Translation reserve
The translation reserve comprises all foreign currency differences arising from the translation of the financial statements of foreign operations.
Other comprehensive income (loss) from associates
The other comprehensive income (loss) from associates comprises the amount related to change in equity of investments in equity accounted investees.
Reserves at the reporting date are as follows:
| (In millions of won) | ||||||||
| December 31, 2016 | December 31, 2017 | |||||||
|
Foreign currency translation differences for foreign operations |
(59,042 | ) | (259,749 | ) | ||||
|
Other comprehensive loss from associates and joint venture (excluding remeasurements of net defined benefit liabilities) |
(29,436 | ) | (28,531 | ) | ||||
|
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|
|
|
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| (88,478 | ) | (288,280 | ) | |||||
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The movement in reserves for the years ended December 31, 2015, 2016 and 2017 are as follows:
| (In millions of won) | ||||||||||||||||
|
Net change in fair value of available-for- sale financial assets |
Foreign currency translation differences for foreign operations |
Other comprehensive income (loss) from associates (excluding remeasurements) |
Total | |||||||||||||
|
January 1, 2015 |
276 | (20,923 | ) | (43,196 | ) | (63,843 | ) | |||||||||
|
Change in reserves |
(218 | ) | 39,119 | 19,176 | 58,077 | |||||||||||
|
December 31, 2015 |
58 | 18,196 | (24,020 | ) | (5,766 | ) | ||||||||||
|
January 1, 2016 |
58 | 18,196 | (24,020 | ) | (5,766 | ) | ||||||||||
|
Change in reserves |
(58 | ) | (77,238 | ) | (5,416 | ) | (82,712 | ) | ||||||||
|
December 31, 2016 |
— | (59,042 | ) | (29,436 | ) | (88,478 | ) | |||||||||
|
January 1, 2017 |
— | (59,042 | ) | (29,436 | ) | (88,478 | ) | |||||||||
|
Change in reserves |
— | (200,707 | ) | 905 | (199,802 | ) | ||||||||||
|
December 31, 2017 |
— | (259,749 | ) | (28,531 | ) | (288,280 | ) | |||||||||
| (c) | Dividends |
On March 15, 2018, The Controlling Company declared a cash
dividends of
WW