14. | Investment Property |
(1) | There are no investment property as of December 31, 2017 and 2016. |
(2) | Changes in investment properties for the year ended December 31, 2016 are as follows: |
(In millions of won) | ||||||||||||||||
2016 | ||||||||||||||||
Beginning balance | Reclassification(*) | Depreciation | Ending balance |
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Land |
₩ | 10,634 | (10,634 | ) | — | — | ||||||||||
Buildings |
4,437 | (4,334 | ) | (103 | ) | — | ||||||||||
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₩ | 15,071 | (14,968 | ) | (103 | ) | — | ||||||||||
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(*) | Includes reclassification to property and equipment. |
(3) | Income and expenses from investment property for the years ended December 31, 2016 and 2015 are as follows: |
(In millions of won) | ||||||||
2016 | 2015 | |||||||
Rent revenue |
₩ | 386 | 850 | |||||
Operating expense |
(114 | ) | (240 | ) |