The carrying amount of financial assets represents the Company’s maximum exposure to credit risk. The maximum exposure to credit risk as of December 31, 2016 and 2017 are as follows:
2016 | 2017 | |||||||
(in millions of Won) | ||||||||
Cash and cash equivalents |
₩ | 2,447,619 | 2,612,530 | |||||
Financial assets held for trading |
— | 1,970 | ||||||
Derivative assets |
147,582 | 68,290 | ||||||
Available-for-sale financial assets |
51,649 | 192,866 | ||||||
Held-to-maturity financial assets |
2,470 | 5,211 | ||||||
Loans and other receivables |
7,104,940 | 9,099,444 | ||||||
Trade accounts and notes receivable, net |
9,674,026 | 8,824,563 | ||||||
Long-term trade accounts and notes receivable, net |
51,124 | 731,570 | ||||||
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₩ | 19,479,410 | 21,536,444 | ||||||
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