16. | Other Assets |
Other current assets and other non-current assets as of December 31, 2016 and 2017 are as follows:
2016 | 2017 | |||||||
(in millions of Won) | ||||||||
Current |
||||||||
Advance payment |
₩ | 787,452 | 661,779 | |||||
Prepaid expenses |
105,102 | 143,032 | ||||||
Firm commitment asset |
— | 15,115 | ||||||
Others |
1,930 | 1,316 | ||||||
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|
|
|
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894,484 | 821,242 | |||||||
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|
|
|
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Non-current |
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Long-term advance payment |
27,189 | 24,201 | ||||||
Long-term prepaid expenses |
380,678 | 333,153 | ||||||
Others (*1) |
159,813 | 131,657 | ||||||
|
|
|
|
|||||
₩ | 567,680 | 489,011 | ||||||
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|
|
|
(*1) | As of December 31, 2016 and 2017, the Company recognized tax assets amounting to ₩100,693 million and ₩88,633 million, respectively, based on the Company’s best estimate of the tax amounts to be refunded when the result of the Company’s appeal in connection with the additional income tax payment in prior years’ tax audits that were finalized and claim for rectification are finalized. |