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Provisions
12 Months Ended
Dec. 31, 2022
Textblock 1 [Abstract]  
Provisions
14.
Provisions
(a)
Changes in provisions for the year ended December 31, 2021 are as follows:

 

(In millions of won)

 

 

 

 

 

 

 

 

 

 

Warranties(*)

 

 

Others

 

 

Total

 

Balance at January 1, 2021

 

272,195

 

 

 

14,906

 

 

 

287,101

 

Additions (reversal)

 

 

216,873

 

 

 

(5,659

)

 

 

211,214

 

Usage

 

 

(231,942

)

 

 

 

 

 

(231,942

)

Balance at December 31, 2021

 

257,126

 

 

 

9,247

 

 

 

266,373

 

Current

 

164,184

 

 

 

9,247

 

 

 

173,431

 

Non-current

 

92,942

 

 

 

 

 

 

92,942

 

 

(*) Product warranties on defective products are normally applicable for warranty periods from the date of customer’s purchase. The provision is calculated by using historical and anticipated rates of warranty claims, and costs per claim to satisfy the Group’s warranty obligation.

 

(b)
Changes in provisions for the year ended December 31, 2022 are as follows:

 

(In millions of won)

 

 

 

 

 

 

 

 

 

 

 

 

 

Litigation and claims

 

 

Warranties
(*)

 

 

Others

 

 

Total

 

Balance at January 1, 2022

 

 

 

 

257,126

 

 

 

9,247

 

 

 

266,373

 

Additions (reversal)

 

 

1,680

 

 

 

251,395

 

 

 

(816

)

 

 

252,259

 

Usage

 

 

 

 

 

(259,153

)

 

 

 

 

 

(259,153

)

Balance at December 31, 2022

 

1,680

 

 

 

249,368

 

 

 

8,431

 

 

 

259,479

 

Current

 

1,680

 

 

 

163,211

 

 

 

8,431

 

 

 

173,322

 

Non-current

 

 

 

 

86,157

 

 

 

 

 

 

86,157

 

 

(*) Product warranties on defective products are normally applicable for warranty periods from the date of customer’s purchase. The provision is calculated by using historical and anticipated rates of warranty claims, and costs per claim to satisfy the Group’s warranty obligation.