SK TELECOM CO LTD | CIK:0001015650 | 3

  • Filed: 5/4/2018
  • Entity registrant name: SK TELECOM CO LTD (CIK: 0001015650)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1015650/000119312518151612/0001193125-18-151612-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1015650/000119312518151612/skm-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001015650
  • Open this page in separate window: Click

    • ifrs-full:DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory

    9. Investment Securities

     

    (1) Details of short-term investment securities as of December 31, 2017 and 2016 are as follows:

     

    (In millions of won)              
         December 31,
    2017    		      December 31,
    2016    		  

    Beneficiary certificates(*)

    		    ￦ 144,386        107,364  

     

     

    (*) The income distributable in relation to beneficiary certificates as of December 31, 2017 were accounted for as accrued income.

     

    (2) Details of long-term investment securities as of December 31, 2017 and 2016 are as follows:

     

    (In millions of won)              
         December 31,
    2017    		      December 31,
    2016    		  

    Equity securities:

    		      

    Marketable equity securities(*1)

    		    ￦ 589,202        526,363  

    Unlisted equity securities etc.(*2)

    		      277,877        295,403  
      

     

     

    		     

     

     

    		  
         867,079        821,766  

    Debt securities:

    		      

    Investment bonds

    		      19,928        6,755  
      

     

     

    		     

     

     

    		  
       ￦ 887,007        828,521  
      

     

     

    		     

     

     

    		  

     

     

    (*1) During the year ended December 31, 2016, the Group sold 3,793,756 shares of Loen Entertainment, Inc. to Kakao Corp. in exchange for 1,357,367 shares of Kakao Corp. and ￦218,037 million in cash. In connection with the sale of Loen Entertainment shares, the Group recognized gain on disposal of long-term investment securities amounting to ￦314,745 million.

     

         The Group recognized gain on disposal amounting to ￦138,779 million as the Group disposed its entire marketable equity securities of POSCO Co., Ltd. for ￦305,110 million of cash during the year ended December 31, 2016.

     

         In addition, the Group sold 1,357,367 shares of Kakao Corp. in exchange for ￦112,649 million in cash during the year ended December 31, 2017. In connection with the sale of Kakao Corp. shares, the Group recognized loss on disposal of long-term investment securities amounting to ￦35,468 million.

     

    (*2) Unlisted equity securities and equity investments whose fair value cannot be measured reliably are recorded at cost.