Value measurement method and significant but not observable inputs for the financial assets classified as fair value hierarchy level 3 as of December 31, 2017 are as follows: |
Fair value |
Valuation technique |
Inputs | Range of inputs |
Effect on fair value |
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(in millions of Won) | ||||||||||||
Available-for-sale financial assets |
₩ | 235,803 | Discounted cash flows | Growth rate | 0% ~ 2.0% | As growth rate increases, fair value increases | ||||||
Discount rate | 0.5% ~ 11.9% | As discount rate increases, fair value decreases | ||||||||||
14,775 | Market comparable companies | Price multiple | 1.085 ~ 5.245 | As price multiple increases, fair value increases | ||||||||
100,841 | Asset value approach | — | — | — |