XML 67 R54.htm IDEA: XBRL DOCUMENT v3.19.1
Trade and Other Receivables (Tables)
12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Changes in Loss Allowance on Accounts Receivable - Trade Measured at Amortized Costs
(2)

Changes in the loss allowance on accounts receivable — trade measured at amortized costs during the years ended December 31, 2018 and 2017 are as follows:

 

(In millions of won)                                           
     Beginning
balance
     Impact of
adopting

IFRS 9
     Impairment      Write-
offs(*)
    Collection of
receivables
previously
written-off
     Business
combination
and others
     Ending
Balance
 

2018

   239,448        12,950        38,211        (46,616     13,455        2,709        260,157  

2017

     241,828               34,584        (52,897     15,933               239,448  

 

 

(*)

The Group writes off the trade and other receivables when contractual payments are more than 5 years past due, or for reasons such as termination of operations or liquidation.

Summary of Loss Allowance on Accounts Receivable - Trade
(3)

The Group applies the practical expedient that allows the Group to estimate the loss allowance for accounts receivables — trade at an amount equal to the lifetime expected credit losses. The expected credit losses include the forward-looking information. To make the assessment, the Group uses its historical credit loss experience over the past three years and classified the accounts receivable — trade by their credit risk characteristics and days overdue. Details of loss allowance on accounts receivable — trade as of December 31, 2018 are as follows:

 

(In millions of won)                              
          Less than 6
months
    6 months ~
1 year
    1 year ~
3 years
    More than 3
years
 

Telecommunications service revenue

   Expected credit loss rate    2.70     58.20     74.10     86.36
   Gross amount      1,135,441       48,796       125,181       31,547  
   Loss allowance      30,628       28,401       92,753       27,244  
     

 

 

   

 

 

   

 

 

   

 

 

 

Other revenue

   Expected credit loss rate      1.18     35.47     40.03     68.44
   Gross amount      817,201       9,126       31,345       81,453  
   Loss allowance      9,603       3,237       12,546       55,745