POSCO | CIK:0000889132 | 3

  • Filed: 4/27/2018
  • Entity registrant name: POSCO (CIK: 0000889132)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/889132/000119312518136684/0001193125-18-136684-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/889132/000119312518136684/pkx-20171231.xml
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  • ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory

    26. Reserves

    (a) Reserves as of December 31, 2016 and 2017 are as follows:

     

         2016     2017  
         (in millions of Won)  

    Accumulated comprehensive loss of investments in associates and joint ventures

       (301,734     (516,528

    Changes in the unrealized fair value of available-for-sale investments

         276,143       230,190  

    Currency translation differences

         (99,264     (372,166

    Gain or losses on valuation of derivatives

               (136

    Others

         (19,130     (23,916
      

     

     

       

     

     

     
       (143,985     (682,556
      

     

     

       

     

     

     

    (b) Changes in the unrealized fair value of available-for-sale investments for the years ended December 31, 2016 and 2017 were as follows:

     

         2016     2017  
         (in millions of Won)  

    Beginning balance

       (38,294     276,143  

    Changes in the unrealized fair value of available-for-sale investments

         218,542       183,761  

    Reclassification to profit or loss upon disposal

         (88,781     (299,862

    Impairment of available-for-sale investments

         187,108       96,083  

    Others

         (2,432     (25,935
      

     

     

       

     

     

     

    Ending balance

       276,143       230,190