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 | ||||||||||||||||||
|
|
|
|
|
|||||||||||||||||
| 615,159 | 634,636 | |||||||||||||||||||
|
|
|
|
|
|||||||||||||||||
|
[Foreign] |
||||||||||||||||||||
|
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 | ||||||||||||||||||
|
|
|
|
|
|||||||||||||||||
| 980,282 | 885,805 | |||||||||||||||||||
|
|
|
|
|
|||||||||||||||||
| ￦ | 1,595,441 | 1,520,441 | ||||||||||||||||||
|
|
|
|
|
|||||||||||||||||
| (*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. |