LG Display Co., Ltd. | CIK:0001290109 |

Filed: 4/27/2018

Entity registrant name: LG Display Co., Ltd. (CIK: 0001290109)

Generator: Donnelley Financial Solutions

SEC filing page: http://www.sec.gov/Archives/edgar/data/1290109/000119312518136619/0001193125-18-136619-index.htm

XBRL Instance: http://www.sec.gov/Archives/edgar/data/1290109/000119312518136619/lpl-20171231.xml

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ifrs-full:DisclosureOfOtherProvisionsExplanatory

Changes in provisions for the year ended December 31, 2016 are as follows:


(In millions of won)
		Litigations and claims				Warranties				Others				Total
Balance at January 1, 2016		W	61,245				56,429				4,040				121,714
Additions			12,471				167,322				873				180,666
Reversal			(14,887	)			(631	)			(3,248	)			(18,766	)
Usage and reclassification			(58,829	)			(161,335	)			—				(220,164	)
Business combination			—				677				—				677

Balance at December 31, 2016		W	—				62,462				1,665				64,127

Current		W	—				54,307				1,665				55,972
Non-current		W	—				8,155				—				8,155

Changes in provisions for the year ended December 31, 2017 are as follows:


(In millions of won)
		Litigation and claims				Warranties (*)				Others				Total
Balance of January 1, 2017		W	—				62,462				1,665				64,127
Additions			43				251,131				170				251,344
Usage and reclassification			—				(211,143	)			—				(211,143	)

Balance at December 31, 2017		W	43				102,450				1,835				104,328

Current		W	43				74,138				1,835				76,016
Non-current		W	—				28,312				—				28,312

(*)	The provision for warranties covers defective products and is normally applicable for 18 months from the date of purchase. The warranty liability is calculated by using historical and anticipated rates of warranty claims, and costs per claim to satisfy the Group’s warranty obligation.