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:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory

    Significant transactions with related parties for the years ended December 31, 2015, 2016 and 2017, are as follows:

     

              2015  
    (In millions of Korean won)    Sales      Purchases2  

    Associates and joint ventures

    		    KT Service Bukbu1    ￦ 2,143      ￦ 28,550  
       Information Technology Solution Nambu Corporation1      2,707        24,025  
       Information Technology Solution Seobu Corporation1      2,324        20,031  
       Information Technology Solution Busan Corporation1      1,496        14,049  
       KT Service Nambu1      1,972        21,133  
       Information Technology Solution Honam Corporation1      2,050        29,538  
       Information Technology Solution Daegu Corporation1      1,256        18,272  
       KT Wibro Infra Co., Ltd.      11        814  
       Smart Channel Co., Ltd.      6,545        4,722  
       K- Realty CR-REITs No.1      2,133        38,167  
       MOS GS Co., Ltd.      752        17,474  
       MOS Daegu Co., Ltd.      357        12,227  
       MOS Chungcheong Co., Ltd.      310        12,735  
       MOS Gangnam Co., Ltd.      454        15,829  
       MOS GB Co., Ltd.      964        21,582  
       MOS BS Co., Ltd.      453        15,482  
       MOS Honam Co., Ltd.      470        17,004  
       Others      4,394        13,510  
         

     

     

    		     

     

     

    		  
      

    Total3

    		    ￦ 30,791      ￦ 325,144  
         

     

     

    		     

     

     

    		  

     

      1 The transactions for the year ended December 31, 2015, after KT Service Bukbu Co., Ltd. and KT Service Nambu Co., Ltd. were merged and included in the consolidation scope.
      2 The amount includes acquisition of property, plant and equipment, and others.
      3 Operating income amounting to ￦6,634 million of KT Capital Co., Ltd. and KT Rental that were classified as discontinued operations during the year ended December 31, 2015, is included.

     

              2016  
    (In millions of Korean won)    Sales      Purchases2  

    Associates and joint ventures

    		    KT Wibro Infra Co., Ltd.    ￦ 11      ￦ 391  
       Smart Channel Co., Ltd. 1      766        —    
       K- Realty CR-REITs No.1      1,989        37,469  
       MOS GS Co., Ltd.      663        17,361  
       MOS Daegu Co., Ltd.      291        12,220  
       MOS Chungcheong Co., Ltd.      408        13,469  
       MOS Gangnam Co., Ltd.      412        15,797  
       MOS GB Co., Ltd.      891        21,802  
       MOS BS Co., Ltd.      441        15,346  
       MOS Honam Co., Ltd.      418        14,389  
       Others      1,719        29,422  
         

     

     

    		     

     

     

    		  
      

    Total

    		    ￦ 8,009      ￦ 177,666  
      

     

     

    		     

     

     

    		  

     

      1 The transactions for the year ended December 31, 2016, before Smart Channel Co., Ltd. was included in the consolidation scope.
      2 The amount includes acquisition of property, plant and equipment, and others.

     

              2017  
    (In millions of Korean won)    Sales      Purchases1  

    Associates and joint ventures

    		    K- Realty CR-REITs No.1    ￦ 2,233      ￦ 35,532  
       MOS GS Co., Ltd.      704        16,946  
       MOS Daegu Co., Ltd.      335        8,514  
       MOS Chungcheong Co., Ltd.      455        15,542  
       MOS Gangnam Co., Ltd.      484        16,380  
       MOS GB Co., Ltd.      987        21,651  
       MOS BS Co., Ltd.      460        15,957  
       MOS Honam Co., Ltd.      493        14,294  
       K Bank, Inc.3      29,939        59  
       NgeneBio2      43        —    
       Others      1,149        11,384  
         

     

     

    		     

     

     

    		  
      

    Total

    		    ￦ 37,282      ￦ 156,259  
      

     

     

    		     

     

     

    		  

     

      1 The amount includes acquisition of property, plant and equipment and others.
      2 It is the amount after excluded from consolidation during the year.
      3 The sales amount consists of providing services of IT system construction to K Bank, Inc.