LINE Corp | CIK:0001611820 | 3

  • Filed: 3/30/2018
  • Entity registrant name: LINE Corp (CIK: 0001611820)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1611820/000119312518102738/0001193125-18-102738-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1611820/000119312518102738/ln-20171231.xml
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    • ifrs-full:DisclosureOfFairValueMeasurementOfAssetsExplanatory

    (3)

    Reconciliations from the opening balance to the closing balance of financial instruments categorized within Level 3 are as follows:

     

        

    (In millions of yen)

     

    		  
         2016      2017  
         Private
    equity
    and other
    financial
    instruments    		      Conversion
    right and
    redemption
    right of
    preferred
    stock    		      Private
    equity
    and other
    financial
    instruments    		      Conversion
    right and
    redemption
    right of
    preferred
    stock    		      Put option
    liabilities    		  

    Fair value at the beginning of the year

    		      13,648        871        12,795        325        —    

    Total (loss)/gain for the year:

    		               

    Included in profit or loss(1)

    		      (29 )       (656 )       (1,535 )       1,062        (7 ) 

    Included in other comprehensive income(2)

    		      (2,140 )       —          (2,456 )       —          —    
      

     

     

    		     

     

     

    		     

     

     

    		     

     

     

    		     

     

     

    		  

    Comprehensive (loss)/income

    		      (2,169 )       (656 )       (3,991 )       1,062        (7 ) 

    Purchases

    		      2,054        197        4,949        363        457  

    Sales and settlements

    		      —          —          (1,619 )       —          —    

    Return of capital

    		      (8 )       —          (121 )       —          —    

    Increase due to business combination

    		      —          —          610        —          33  

    Transfers in(3)

    		      —          —          326        —          —    

    Effect of exchange rate changes

    		      (730 )       (87 )       871        112        3  
      

     

     

    		     

     

     

    		     

     

     

    		     

     

     

    		     

     

     

    		  

    Fair value at the end of the year

    		      12,795        325        13,820        1,862        486  
      

     

     

    		     

     

     

    		     

     

     

    		     

     

     

    		     

     

     

    		  

     

    (1) 

    This amount is included in “Other non-operating income” or “Other non-operating expenses” in the Group’s Consolidated Statements of Profit or Loss.
    (2) 

    This amount is included in “Net changes in fair value” of available-for-sale financial assets in the Group’s Consolidated Statements of Comprehensive Income.
    (3) 

    During the year ended December 31, 2017, the issuing company of the equity was delisted from a stock exchange in the U.S. subsequent to our purchase of its equity securities. Accordingly, such equity investment was transferred from Level 1 to Level 3.