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Consolidated Statements of Cash Flows - KRW (₩)
₩ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash generated from operating activities      
Profit for the year ₩ 3,131,988 ₩ 2,657,595 ₩ 1,660,101
Adjustments for income and expenses (note 39) 1,568,919 2,096,764 3,039,561
Changes in assets and liabilities related to operating activities (note 39) 25,949 (261,468) 13,764
Sub-total 4,726,856 4,492,891 4,713,426
Interest received 59,065 66,713 44,602
Dividends received 195,671 106,674 98,267
Interest paid (255,189) (234,127) (245,236)
Income tax paid (393,823) (576,331) (367,891)
Net cash provided by operating activities 4,332,580 3,855,820 4,243,168
Cash inflows from investing activities:      
Decrease in short-term financial instruments, net     222,322
Collection of short-term loans 117,610 216,700 238,980
Decrease in long-term financial instruments 5 27 28
Proceeds from disposals of long-term investment securities 371,816 129,726 555,519
Proceeds from disposals of investments in associates and joint ventures 74,880 5,925 66,852
Proceeds from disposals of property and equipment 58,256 29,368 22,549
Proceeds from disposals of intangible assets 5,851 8,848 16,532
Collection of long-term loans 10,075 6,205 1,960
Decrease in deposits 7,490 24,550 14,894
Proceeds from disposals of other non-current assets 1,186 1,185 728
Proceeds from disposals of subsidiaries   30,132  
Cash inflow from business combination 38,925 4,112  
Receipt of government grants     300
Sub-total 686,094 456,778 1,140,664
Cash outflows for investing activities:      
Increase in short-term financial instruments, net (373,450) (156,012)  
Increase in short-term investment securities, net (49,791) (28,975) (6,334)
Increase in short-term loans (112,319) (205,878) (239,303)
Increase in long-term loans (6,057) (5,869) (32,287)
Increase in long-term financial instruments (2) (2,034) (342)
Acquisitions of long-term investment securities (19,114) (19,328) (30,949)
Acquisitions of investments in associates and joint ventures (206,340) (193,100) (130,388)
Acquisitions of property and equipment (2,792,390) (2,715,859) (2,490,455)
Acquisitions of intangible assets (503,229) (145,740) (635,387)
Increase in deposits (8,591) (26,377) (12,943)
Increase in other non-current assets (5,927) (47) (763)
Cash outflow for business combination (654,685) (26,566) (23,530)
Cash outflow for disposal and liquidation of subsidiaries (1,924) (1,600) (191)
Sub-total (4,733,819) (3,527,385) (3,602,872)
Net cash used in investing activities (4,047,725) (3,070,607) (2,462,208)
Cash inflows from financing activities:      
Proceeds from short-term borrowings, net   127,386  
Proceeds from issuance of debentures 1,809,641 973,291 776,727
Proceeds from long-term borrowings 1,920,114 120,000 49,000
Proceeds from issuance of hybrid bonds 398,759    
Cash inflows from settlement of derivatives 23,247 188 251
Cash received from transfer of interests in subsidiaries to non-controlling interests 499,926 40,938 35,646
Sub-total 4,651,687 1,261,803 861,624
Cash outflows for financing activities:      
Decrease in short-term borrowings, net (87,701)   (257,386)
Repayments of long-term account payables-other (305,644) (305,476) (122,723)
Repayments of debentures (1,487,970) (842,733) (770,000)
Repayments of long-term borrowings (1,780,708) (32,701) (33,387)
Repayments of hybrid bonds (400,000)    
Cash outflows from settlement of derivatives (29,278) (105,269)  
Payments of finance lease liabilities     (26)
Payments of dividends (706,091) (706,091) (706,091)
Payments of interest on hybrid bonds (15,803) (16,840) (16,840)
Transactions with non-controlling shareholders (76,805) (79,311)  
Sub-total (4,890,000) (2,088,421) (1,906,453)
Net cash used in financing activities (238,313) (826,618) (1,044,829)
Net increase (decrease) in cash and cash equivalents 46,542 (41,405) 736,131
Cash and cash equivalents at beginning of the year 1,457,735 1,505,242 768,922
Effects of exchange rate changes on cash and cash equivalents 2,422 (6,102) 189
Cash and cash equivalents at end of the year ₩ 1,506,699 ₩ 1,457,735 ₩ 1,505,242