11. | Investments in Associates and Joint ventures |
(a) Investments in associates and joint ventures as of December 31, 2016 and 2017 are as follows:
2016 | 2017 | |||||||
(in millions of Won) | ||||||||
Investments in associates |
₩ | 1,595,441 | 1,520,441 | |||||
Investments in joint ventures |
2,286,948 | 2,037,491 | ||||||
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₩ | 3,882,389 | 3,557,932 | ||||||
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(b) Details of investments in associates as of December 31, 2016 and 2017 are as follows:
Number of shares |
Ownership (%) |
Acquisition cost |
Book value | |||||||||||||||||
Company |
2016 | 2017 | ||||||||||||||||||
(in millions of Won) | ||||||||||||||||||||
[Domestic] |
||||||||||||||||||||
EQP POSCO Global NO1 Natural Resources PEF |
178,713,975,892 | 31.14 | ₩ | 178,787 | ₩ | 175,690 | 175,553 | |||||||||||||
SNNC |
18,130,000 | 49.00 | 90,650 | 107,859 | 110,424 | |||||||||||||||
QSONE Co.,Ltd. |
200,000 | 50.00 | 84,395 | 84,799 | 85,049 | |||||||||||||||
Chun-cheon Energy Co., Ltd. (*1) |
16,098,143 | 45.67 | 80,491 | 45,077 | 74,378 | |||||||||||||||
Incheon-Gimpo Expressway Co., Ltd. (*1) |
9,032,539 | 18.26 | 45,163 | 37,372 | 31,660 | |||||||||||||||
BLUE OCEAN Private Equity Fund |
333 | 27.52 | 33,300 | 35,752 | 19,620 | |||||||||||||||
CHUNGJU ENTERPRISE CITY DEVELOPMENT Co.,Ltd |
2,008,000 | 29.53 | 10,040 | 12,551 | 17,252 | |||||||||||||||
UITrans LRT Co., Ltd. (*1) |
7,714,380 | 38.19 | 38,572 | 17,851 | 15,841 | |||||||||||||||
Daesung Steel |
108,038 | 17.54 | 14,000 | 12,302 | 15,500 | |||||||||||||||
Keystone NO. 1. Private Equity Fund |
13,800,000 | 40.45 | 13,800 | 13,314 | 12,379 | |||||||||||||||
KoFC POSCO HANWHA KB Shared Growth NO. 2. Private Equity Fund |
6,485 | 12.50 | 6,485 | 11,890 | 6,828 | |||||||||||||||
KONES, Corp. |
3,250,000 | 41.67 | 6,893 | 5,641 | 2,827 | |||||||||||||||
Others (35 companies) (*1) |
55,061 | 67,325 | ||||||||||||||||||
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615,159 | 634,636 | |||||||||||||||||||
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[Foreign] |
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South-East Asia Gas Pipeline Company Ltd. |
135,219,000 | 25.04 | 150,779 | 215,996 | 197,069 | |||||||||||||||
AES-VCM Mong Duong
Power Company |
— | 30.00 | 164,303 | 167,141 | 142,348 | |||||||||||||||
7623704 Canada Inc. |
114,452,000 | 10.40 | 124,341 | 137,512 | 121,702 | |||||||||||||||
Eureka Moly LLC |
— | 20.00 | 240,123 | 89,601 | 79,398 | |||||||||||||||
AMCI (WA) PTY LTD |
49 | 49.00 | 209,664 | 70,501 | 63,378 | |||||||||||||||
Nickel Mining Company SAS |
3,234,698 | 49.00 | 157,585 | 45,138 | 45,905 | |||||||||||||||
NCR LLC |
— | 29.41 | 37,634 | 36,738 | 33,738 | |||||||||||||||
KOREA LNG LTD. |
2,400 | 20.00 | 135,205 | 63,058 | 33,422 | |||||||||||||||
PT. Batutua Tembaga Raya |
128,285 | 22.00 | 21,824 | 22,723 | 21,823 | |||||||||||||||
Zhongyue POSCO (Qinhuangdao) Tinplate |
10,200,000 | 34.00 | 9,517 | 18,008 | 15,617 | |||||||||||||||
PT. Wampu Electric Power (*1) |
8,708,400 | 20.00 | 10,054 | 8,706 | 13,391 | |||||||||||||||
POSCO SeAH Steel Wire(Nantong) Co., Ltd. |
50 | 25.00 | 4,723 | 6,840 | 6,517 | |||||||||||||||
Others (26 companies) (*1) |
98,320 | 111,497 | ||||||||||||||||||
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980,282 | 885,805 | |||||||||||||||||||
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₩ | 1,595,441 | 1,520,441 | ||||||||||||||||||
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(*1) | As of December 31, 2016 and 2017, investments in associates amounting to ₩124,963 million and ₩158,370 million, respectively, are provided as collateral in relation to the associates’ borrowings. |
(*2) | As of December 31, 2016 and 2017, shares of PSC Energy Global Co., Ltd., a subsidiary of the Company, are provided as collateral in relation to the associates’ borrowings. |
(c) Details of investments in joint ventures as of December 31, 2016 and 2017 are as follows:
Number of shares |
Ownership (%) |
Acquisition cost |
Book value | |||||||||||||||||
Company |
2016 | 2017 | ||||||||||||||||||
(in millions of Won) | ||||||||||||||||||||
[Domestic] |
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POSCO MITSUBISHI CARBON TECHNOLOGY |
11,568,000 | 60.00 | ₩ | 115,680 | ₩ | 83,113 | 110,760 | |||||||||||||
Others (5 companies) |
— | 6,094 | ||||||||||||||||||
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83,113 | 116,854 | |||||||||||||||||||
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[Foreign] |
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Roy Hill Holdings Pty Ltd (*1) |
13,117,972 | 12.50 | 1,528,672 | 1,186,859 | 1,125,133 | |||||||||||||||
POSCO-NPS Niobium LLC |
325,050,000 | 50.00 | 364,609 | 393,570 | 348,836 | |||||||||||||||
CSP — Compania Siderurgica do Pecem |
1,108,696,532 | 20.00 | 558,821 | 330,463 | 146,427 | |||||||||||||||
KOBRASCO |
2,010,719,185 | 50.00 | 32,950 | 88,308 | 108,485 | |||||||||||||||
BX STEEL POSCO Cold Rolled Sheet Co., Ltd. |
— | 25.00 | 61,961 | 97,369 | 88,305 | |||||||||||||||
DMSA/AMSA (*1) |
— | 4.00 | 304,623 | 74,935 | 56,735 | |||||||||||||||
Others (14 companies) |
32,331 | 46,716 | ||||||||||||||||||
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2,203,835 | 1,920,637 | |||||||||||||||||||
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₩ | 2,286,948 | 2,037,491 | ||||||||||||||||||
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(*1) | As of December 31, 2016 and 2017, the investments in joint ventures are provided as collateral in relation to the joint ventures’ borrowings. |
(d) The movements of investments in associates and joint ventures for the years ended December 31, 2016 and 2017 were as follows:
1) For the year ended December 31, 2016
Company |
December 31, 2015 Book value |
Acquisition | Dividends | Share of profits (losses) |
Other increase (decrease) (*1) |
December 31, 2016 Book value |
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(in millions of Won) | ||||||||||||||||||||||||
[Domestic] |
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EQP POSCO Global NO1 Natural Resources PEF |
₩ | 175,676 | 222 | — | (399 | ) | 191 | 175,690 | ||||||||||||||||
SNNC |
111,326 | — | — | (3,417 | ) | (50 | ) | 107,859 | ||||||||||||||||
QSONE Co.,Ltd. |
83,919 | — | — | 880 | — | 84,799 | ||||||||||||||||||
Chun-cheon Energy Co., Ltd |
30,420 | 19,832 | — | (5,175 | ) | — | 45,077 | |||||||||||||||||
Incheon-Gimpo Expressway Co., Ltd. |
39,447 | — | — | (2,758 | ) | 683 | 37,372 | |||||||||||||||||
BLUE OCEAN Private Equity Fund |
35,437 | — | — | 643 | (328 | ) | 35,752 | |||||||||||||||||
CHUNGJU ENTERPRISE CITY |
12,265 | — | — | 286 | — | 12,551 | ||||||||||||||||||
UITrans LRT Co., Ltd. |
40,903 | 6,817 | — | (29,825 | ) | (44 | ) | 17,851 | ||||||||||||||||
Daesung Steel |
14,000 | — | — | (2,272 | ) | 574 | 12,302 | |||||||||||||||||
Keystone NO. 1. Private Equity Fund |
13,015 | — | — | 281 | 18 | 13,314 | ||||||||||||||||||
KoFC POSCO HANWHA KB Shared Growth NO. 2. Private Equity Fund |
14,829 | 1,875 | — | 1,186 | (6,000 | ) | 11,890 | |||||||||||||||||
KONES, Corp. |
5,775 | — | — | (256 | ) | 122 | 5,641 | |||||||||||||||||
POSCO MITSUBISHI CARBON TECHNOLOGY |
104,970 | — | — | (21,929 | ) | 72 | 83,113 | |||||||||||||||||
POSCO PLANTEC Co., Ltd. |
171,218 | — | — | (171,927 | ) | 709 | — | |||||||||||||||||
SeAH Changwon Integrated Special Steel |
165,754 | — | — | 4,797 | (170,551 | ) | — | |||||||||||||||||
POSCO ES MATERIALS CO.,LTD |
38,447 | — | — | (2,061 | ) | (36,386 | ) | — | ||||||||||||||||
Others (33 companies) |
33,933 | 20,061 | (200 | ) | (2,802 | ) | 4,069 | 55,061 | ||||||||||||||||
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1,091,334 | 48,807 | (200 | ) | (234,748 | ) | (206,921 | ) | 698,272 | ||||||||||||||||
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[Foreign] |
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South-East Asia Gas Pipeline Company Ltd. |
222,269 | — | (59,717 | ) | 46,855 | 6,589 | 215,996 | |||||||||||||||||
AES-VCM Mong Duong Power Company Limited |
153,271 | — | — | 27,031 | (13,161 | ) | 167,141 | |||||||||||||||||
7623704 Canada Inc. |
134,034 | — | (921 | ) | 175 | 4,224 | 137,512 | |||||||||||||||||
Eureka Moly LLC |
87,878 | — | — | (18 | ) | 1,741 | 89,601 | |||||||||||||||||
AMCI (WA) PTY LTD |
72,289 | — | — | (3,358 | ) | 1,570 | 70,501 | |||||||||||||||||
Nickel Mining Company SAS |
76,445 | — | — | (31,047 | ) | (260 | ) | 45,138 | ||||||||||||||||
NCR LLC |
35,447 | — | — | (41 | ) | 1,332 | 36,738 | |||||||||||||||||
KOREA LNG LTD. |
53,548 | — | (6,342 | ) | 6,392 | 9,460 | 63,058 | |||||||||||||||||
PT. Batutua Tembaga Raya |
15,382 | 7,040 | — | — | 301 | 22,723 | ||||||||||||||||||
Zhongyue POSCO (Qinhuangdao) Tinplate |
19,311 | — | — | (412 | ) | (891 | ) | 18,008 | ||||||||||||||||
PT. Wampu Electric Power |
8,855 | — | — | (397 | ) | 248 | 8,706 | |||||||||||||||||
POSCO SeAH Steel Wire(Nantong) Co., Ltd. |
7,061 | — | — | 242 | (463 | ) | 6,840 | |||||||||||||||||
Roy Hill Holdings Pty Ltd |
1,153,434 | — | — | 12,643 | 20,782 | 1,186,859 | ||||||||||||||||||
POSCO-NPS Niobium LLC |
381,461 | — | (10,893 | ) | 11,499 | 11,503 | 393,570 | |||||||||||||||||
CSP - Compania Siderurgica do Pecem |
80,805 | 88,930 | — | 116,694 | 44,034 | 330,463 | ||||||||||||||||||
KOBRASCO |
78,364 | — | (29,297 | ) | 20,761 | 18,480 | 88,308 | |||||||||||||||||
BX STEEL POSCO Cold Rolled Sheet Co., Ltd. |
100,908 | — | — | 258 | (3,797 | ) | 97,369 | |||||||||||||||||
DMSA/AMSA |
105,964 | 24,624 | — | (60,415 | ) | 4,762 | 74,935 | |||||||||||||||||
Others (37 companies) |
67,273 | 28,993 | (4,252 | ) | (791 | ) | 39,428 | 130,651 | ||||||||||||||||
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2,853,999 | 149,587 | (111,422 | ) | 146,071 | 145,882 | 3,184,117 | ||||||||||||||||||
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₩ | 3,945,333 | 198,394 | (111,622 | ) | (88,677 | ) | (61,039 | ) | 3,882,389 | |||||||||||||||
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(*1) | Other increase or decrease represents the changes in investments in associates and joint ventures due to disposals, change in capital adjustments effect from translations of financial statements of foreign investees and others. |
2) For the year ended December 31, 2017
Company |
December 31, 2016 Book value |
Acquisition | Dividends | Share of profits (losses) |
Other increase (decrease) (*1) |
December 31, 2017 Book value |
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(in millions of Won) | ||||||||||||||||||||||||
[Domestic] |
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EQP POSCO Global NO1 Natural Resources PEF |
₩ | 175,690 | — | — | 418 | (555 | ) | 175,553 | ||||||||||||||||
SNNC |
107,859 | — | — | 2,370 | 195 | 110,424 | ||||||||||||||||||
QSONE Co.,Ltd. |
84,799 | — | (368 | ) | 618 | — | 85,049 | |||||||||||||||||
Chun-cheon Energy Co., Ltd |
45,077 | 27,791 | — | 1,510 | — | 74,378 | ||||||||||||||||||
Incheon-Gimpo Expressway Co., Ltd. |
37,372 | — | — | (6,463 | ) | 751 | 31,660 | |||||||||||||||||
BLUE OCEAN Private Equity Fund |
35,752 | — | — | (8,154 | ) | (7,978 | ) | 19,620 | ||||||||||||||||
CHUNGJU ENTERPRISE CITY |
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DEVELOPMENT Co.,Ltd |
12,551 | — | — | 4,701 | — | 17,252 | ||||||||||||||||||
UITrans LRT Co., Ltd. |
17,851 | — | — | (2,010 | ) | — | 15,841 | |||||||||||||||||
Daesung Steel |
12,302 | — | — | 3,198 | — | 15,500 | ||||||||||||||||||
Keystone NO. 1. Private Equity Fund |
13,314 | — | — | (886 | ) | (49 | ) | 12,379 | ||||||||||||||||
KoFC POSCO HANWHA KB Shared Growth |
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NO. 2. Private Equity Fund |
11,890 | — | — | (197 | ) | (4,865 | ) | 6,828 | ||||||||||||||||
KONES, Corp. |
5,641 | — | — | (2,774 | ) | (40 | ) | 2,827 | ||||||||||||||||
POSCO MITSUBISHI CARBON TECHNOLOGY |
83,113 | — | — | 27,582 | 65 | 110,760 | ||||||||||||||||||
Others (40 companies) |
55,061 | 28,348 | (137 | ) | (7,995 | ) | (1,858 | ) | 73,419 | |||||||||||||||
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698,272 | 56,139 | (505 | ) | 11,918 | (14,334 | ) | 751,490 | |||||||||||||||||
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[Foreign] |
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South-East Asia Gas Pipeline Company Ltd. |
215,996 | — | (37,016 | ) | 42,896 | (24,807 | ) | 197,069 | ||||||||||||||||
AES-VCM Mong Duong Power Company Limited |
167,141 | — | (30,798 | ) | 19,644 | (13,639 | ) | 142,348 | ||||||||||||||||
7623704 Canada Inc. |
137,512 | — | (7,563 | ) | 7,468 | (15,715 | ) | 121,702 | ||||||||||||||||
Eureka Moly LLC |
89,601 | — | — | (35 | ) | (10,168 | ) | 79,398 | ||||||||||||||||
AMCI (WA) PTY LTD. |
70,501 | — | — | (4,299 | ) | (2,824 | ) | 63,378 | ||||||||||||||||
Nickel Mining Company SAS |
45,138 | — | — | 424 | 343 | 45,905 | ||||||||||||||||||
NCR LLC |
36,738 | 276 | — | (60 | ) | (3,216 | ) | 33,738 | ||||||||||||||||
KOREA LNG LTD. |
63,058 | — | (6,466 | ) | (70,180 | ) | 47,010 | 33,422 | ||||||||||||||||
PT. Batutua Tembaga Raya |
22,723 | — | — | 260 | (1,160 | ) | 21,823 | |||||||||||||||||
Zhongyue POSCO (Qinhuangdao) Tinplate Industrial Co., Ltd |
18,008 | — | — | (1,268 | ) | (1,123 | ) | 15,617 | ||||||||||||||||
PT. Wampu Electric Power |
8,706 | — | — | 5,927 | (1,242 | ) | 13,391 | |||||||||||||||||
POSCO SeAH Steel Wire(Nantong) Co., Ltd. |
6,840 | — | — | 303 | (626 | ) | 6,517 | |||||||||||||||||
Roy Hill Holdings Pty Ltd. |
1,186,859 | — | — | 46,020 | (107,746 | ) | 1,125,133 | |||||||||||||||||
POSCO-NPS Niobium LLC |
393,570 | — | (17,277 | ) | 17,173 | (44,630 | ) | 348,836 | ||||||||||||||||
CSP-Compania Siderurgica do Pecem |
330,463 | — | — | (147,847 | ) | (36,189 | ) | 146,427 | ||||||||||||||||
KOBRASCO |
88,308 | — | (22,135 | ) | 56,445 | (14,133 | ) | 108,485 | ||||||||||||||||
BX STEEL POSCO Cold Rolled Sheet Co., Ltd. |
97,369 | — | (5,542 | ) | 1,555 | (5,077 | ) | 88,305 | ||||||||||||||||
DMSA/AMSA |
74,935 | 13,712 | — | (22,339 | ) | (9,573 | ) | 56,735 | ||||||||||||||||
Others (40 companies) |
130,651 | 22,209 | (4,408 | ) | 46,535 | (36,774 | ) | 158,213 | ||||||||||||||||
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3,184,117 | 36,197 | (131,205 | ) | (1,378 | ) | (281,289 | ) | 2,806,442 | ||||||||||||||||
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₩ | 3,882,389 | 92,336 | (131,710 | ) | 10,540 | (295,623 | ) | 3,557,932 | ||||||||||||||||
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(*1) | Other increase or decrease represents the changes in investments in associates and joint ventures due to disposals, change in capital adjustments effect from translations of financial statements of foreign investees and others. |
(e) Summarized financial information of associates and joint ventures as of and for the years ended December 31, 2016 and 2017 are as follows:
1) December 31, 2016
Company |
Assets | Liabilities | Equity (deficit) |
Sales | Net income (loss) |
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(in millions of Won) | ||||||||||||||||||||
[Domestic] |
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EQP POSCO Global NO1 Natural Resources PEF |
₩ | 597,767 | 864 | 596,903 | — | (1,349 | ) | |||||||||||||
SNNC |
725,987 | 482,429 | 243,558 | 527,101 | 2,022 | |||||||||||||||
QSONE Co.,Ltd. |
247,385 | 77,786 | 169,599 | 15,961 | 1,760 | |||||||||||||||
Chun-cheon Energy Co., Ltd |
547,805 | 378,613 | 169,192 | — | (3,748 | ) | ||||||||||||||
Incheon-Gimpo Expressway Co., Ltd. |
929,539 | 718,107 | 211,432 | — | (1,910 | ) | ||||||||||||||
BLUE OCEAN Private Equity Fund |
357,723 | 220,895 | 136,828 | 456,311 | 2,335 | |||||||||||||||
CHUNGJU ENTERPRISE CITY DEVELOPMENT Co.,Ltd |
136,857 | 124,666 | 12,191 | 19,028 | 967 | |||||||||||||||
UITrans LRT Co., Ltd. |
400,761 | 307,625 | 93,136 | — | (822 | ) | ||||||||||||||
Daesung Steel |
150,944 | 112,194 | 38,750 | 60,772 | (12,955 | ) | ||||||||||||||
Keystone NO. 1. Private Equity Fund |
119,378 | 79,946 | 39,432 | 197 | 694 | |||||||||||||||
KoFC POSCO HANWHA KB Shared Growth NO. 2. Private Equity Fund |
96,213 | 1,094 | 95,119 | 14,157 | 9,561 | |||||||||||||||
KONES, Corp. |
2,627 | 1,519 | 1,108 | 3,952 | (615 | ) | ||||||||||||||
POSCO MITSUBISHI CARBON TECHNOLOGY |
448,618 | 311,070 | 137,548 | 53,908 | (36,572 | ) | ||||||||||||||
POSCO PLANTEC Co., Ltd. |
501,659 | 678,004 | (176,345 | ) | 361,351 | (43,195 | ) | |||||||||||||
[Foreign] |
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South-East Asia Gas Pipeline Company Ltd. |
2,171,689 | 1,305,942 | 865,747 | 491,011 | 187,114 | |||||||||||||||
7623704 Canada Inc. |
1,334,391 | 1 | 1,334,390 | — | 19,485 | |||||||||||||||
Nickel Mining Company SAS |
491,458 | 347,194 | 144,264 | 145,571 | (61,473 | ) | ||||||||||||||
KOREA LNG LTD. |
303,389 | 19,704 | 283,685 | 33,035 | 31,962 | |||||||||||||||
PT. Batutua Tembaga Raya |
351,119 | 332,037 | 19,082 | — | — | |||||||||||||||
Zhongyue POSCO (Qinhuangdao) Tinplate Industrial Co., Ltd |
83,291 | 24,676 | 58,615 | 117,387 | (1,216 | ) | ||||||||||||||
PT. Wampu Electric Power |
206,052 | 165,618 | 40,434 | 3,405 | (1,984 | ) | ||||||||||||||
POSCO SeAH Steel Wire(Nantong) Co., Ltd. |
67,905 | 40,451 | 27,454 | 81,260 | 938 | |||||||||||||||
Roy Hill Holdings Pty Ltd |
10,962,261 | 8,059,714 | 2,902,547 | 845,243 | 129,968 | |||||||||||||||
POSCO-NPS Niobium LLC |
786,937 | — | 786,937 | — | 24,719 | |||||||||||||||
CSP - Compania Siderurgica do Pecem |
5,682,161 | 4,237,247 | 1,444,914 | 226,669 | 243,151 | |||||||||||||||
KOBRASCO |
178,853 | 2,236 | 176,617 | 72,274 | 41,522 | |||||||||||||||
BX STEEL POSCO Cold Rolled Sheet Co., Ltd. |
789,336 | 427,475 | 361,861 | 948,488 | 1,033 | |||||||||||||||
DMSA/AMSA |
6,570,172 | 4,842,560 | 1,727,612 | 579,388 | (519,969 | ) |
2) December 31, 2017
Company |
Assets | Liabilities | Equity | Sales | Net income (loss) |
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(in millions of Won) | ||||||||||||||||||||
[Domestic] |
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EQP POSCO Global NO1 Natural Resources PEF |
₩ | 562,698 | 866 | 561,832 | — | 1,261 | ||||||||||||||
SNNC |
705,975 | 459,519 | 246,456 | 576,023 | 2,417 | |||||||||||||||
QSONE Co.,Ltd. |
248,779 | 78,680 | 170,099 | 15,297 | 1,236 | |||||||||||||||
Chun-cheon Energy Co., Ltd |
700,079 | 539,137 | 160,942 | 164,294 | (8,250 | ) | ||||||||||||||
Incheon-Gimpo Expressway Co., Ltd. |
1,132,233 | 922,338 | 209,895 | — | (23,221 | ) | ||||||||||||||
BLUE OCEAN Private Equity Fund |
311,129 | 188,512 | 122,617 | 445,238 | (3,345 | ) | ||||||||||||||
CHUNGJU ENTERPRISE CITY DEVELOPMENT Co.,Ltd |
76,184 | 48,072 | 28,112 | 77,093 | 15,921 | |||||||||||||||
UITrans LRT Co., Ltd. |
464,074 | 384,202 | 79,872 | 3,689 | (13,263 | ) | ||||||||||||||
Daesung Steel |
169,774 | 112,795 | 56,979 | 70,434 | 18,230 | |||||||||||||||
Keystone NO. 1. Private Equity Fund |
170,155 | 133,033 | 37,122 | 5,391 | (2,070 | ) | ||||||||||||||
KoFC POSCO HANWHA KB Shared Growth NO. 2. Private Equity Fund |
55,936 | 1,315 | 54,621 | 10,212 | (1,578 | ) | ||||||||||||||
KONES, Corp. |
2,766 | 1,616 | 1,150 | 5,379 | 139 | |||||||||||||||
POSCO MITSUBISHI CARBON TECHNOLOGY |
478,847 | 295,052 | 183,795 | 154,312 | 46,138 | |||||||||||||||
[Foreign] |
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South-East Asia Gas Pipeline Company Ltd. |
1,911,942 | 1,121,783 | 790,159 | 445,682 | 171,303 | |||||||||||||||
7623704 Canada Inc. |
1,182,376 | 9 | 1,182,367 | — | 82,344 | |||||||||||||||
Nickel Mining Company SAS |
465,700 | 324,687 | 141,013 | 179,683 | (4,450 | ) | ||||||||||||||
KOREA LNG LTD. |
179,269 | 86 | 179,183 | 34,640 | 32,446 | |||||||||||||||
PT. Batutua Tembaga Raya |
336,085 | 272,542 | 63,543 | 195,520 | 49,091 | |||||||||||||||
Zhongyue POSCO (Qinhuangdao) Tinplate Industrial Co., Ltd |
70,437 | 18,722 | 51,715 | 85,850 | (3,736 | ) | ||||||||||||||
PT. Wampu Electric Power |
212,095 | 148,177 | 63,918 | 779 | 29,634 | |||||||||||||||
POSCO SeAH Steel Wire(Nantong) Co., Ltd. |
70,701 | 43,588 | 27,113 | 84,973 | 1,210 | |||||||||||||||
Roy Hill Holdings Pty Ltd |
10,148,416 | 6,600,900 | 3,547,516 | 2,988,372 | 797,008 | |||||||||||||||
POSCO-NPS Niobium LLC |
697,470 | — | 697,470 | — | 32,481 | |||||||||||||||
CSP - Compania Siderurgica do Pecem |
4,805,353 | 4,223,392 | 581,961 | 1,290,767 | (740,591 | ) | ||||||||||||||
KOBRASCO |
252,813 | 35,843 | 216,970 | 179,453 | 112,890 | |||||||||||||||
BX STEEL POSCO Cold Rolled Sheet Co., Ltd. |
717,472 | 391,871 | 325,601 | 1,245,178 | 5,978 | |||||||||||||||
DMSA/AMSA |
5,586,171 | 4,167,906 | 1,418,265 | 630,229 | (475,958 | ) |