POSCO | CIK:0000889132 | 3

  • Filed: 4/27/2018
  • Entity registrant name: POSCO (CIK: 0000889132)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/889132/000119312518136684/0001193125-18-136684-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/889132/000119312518136684/pkx-20171231.xml
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  • ifrs-full:DisclosureOfImpairmentLossAndReversalOfImpairmentLossExplanatory

    Impairment losses on financial assets for the years ended December 31, 2016 and 2017 were as follows:

     

         2016     2017  
         (in millions of Won)  

    Bad debt expenses on trade accounts and notes receivable

       165,150       173,694  

    Other bad debt expenses (*1)

         50,225       100,920  

    Impairment loss on available-for-sale financial assets

         248,404       123,214  

    Less: Recovery of allowance for other bad debt accounts

         (12,658     (2,743

    Less: Recovery of impairment loss on held-to-maturity financial assets

         (38     (20
      

     

     

       

     

     

     
           451,083       395,065  
      

     

     

       

     

     

     

     

     

    (*1) Other bad debt expenses are mainly related to other receivables and loans.