Trade Accounts and Notes Receivable, Other Accounts Receivable and Others (Tables)

12 Months Ended

Dec. 31, 2022

Textblock 1 [Abstract]

Summary of Trade Accounts and Notes Receivable

(a)Trade accounts and notes receivable as of December 31, 2021 and December 31, 2022 are as follows:

(In millions of won)
	December 31, 2021		December 31, 2022
Due from third parties	₩	3,818,980		2,042,746
Due from related parties		755,809		316,168
	₩	4,574,789		2,358,914

Summary of Other Accounts Receivable

(b)Other accounts receivable as of December 31, 2021 and December 31, 2022 are as follows:

(In millions of won)
	December 31, 2021		December 31, 2022
Current assets
Non-trade receivables, net(*)	₩	108,875		146,921
Accrued income		13,024		22,505
	₩	121,899		169,426
Non-current assets
Long-term non-trade receivables	₩	2,376		—
	₩	124,275		169,426

(*) On May 16, 2022, Singapore International Arbitration Centre ruled related to Sharp’s patent contract in favor of the Group. Accordingly, compensation receivable in the amount of USD 95 million (W120,394 million) was recognized as non-trade receivables and reduction to cost of sales and other income. The balances of compensation receivable as of December 31, 2022 are USD 25 million (W31,982 million).

Aging of Trade Accounts and Notes Receivable, Other Accounts Receivable and Long-term Non-trade Receivable

(c)The aging of trade accounts and notes receivable, and other accounts receivable as of December 31, 2021 and December 31, 2022 are as follows:

(In millions of won)	December 31, 2021
	Book value				Allowance for impairment
	Trade accounts and notes receivable		Other accounts receivable		Trade accounts and notes receivable			Other accounts receivable
Current	₩	4,575,354		124,877		(1,204	)		(1,932	)
1-15 days past due		566		822		—			(6	)
16-30 days past due		10		44		—			—
31-60 days past due		61		16		—			—
More than 60 days past due		2		521		—			(67	)
	₩	4,575,993		126,280		(1,204	)		(2,005	)

(In millions of won)	December 31, 2022
	Book value				Allowance for impairment
	Trade accounts and notes receivable		Other accounts receivable		Trade accounts and notes receivable			Other accounts receivable
Current	₩	2,332,769		166,067		(841	)		(1,721	)
1-15 days past due		12,019		1,000		(4	)		(9	)
16-30 days past due		2,256		—		(1	)		—
31-60 days past due		391		201		—			(1	)
More than 60 days past due		12,354		3,936		(29	)		(47	)
	₩	2,359,789		171,204		(875	)		(1,778	)

Summary of Allowance for Impairment in Respect Of Trade Accounts and Notes Receivable and Other Accounts Receivable

The movement in the allowance for impairment in respect of trade accounts and notes receivable and other accounts receivable for the years ended December 31, 2020, 2021 and 2022 are as follows:

	Trade accounts and notes receivable
(In millions of won)	2020		2021		2022
Balance at the beginning of the year	₩	460		1,047		1,204
(Reversal of) bad debt expense		587		157		(329	)
Balance at the end of the year	₩	1,047		1,204		875

(In millions of won)	Other accounts receivable
	2020			2021		2022
Balance at the beginning of the year	₩	3,322			1,778		2,005
(Reversal of) bad debt expense		(480	)		227		(227	)
Write-off		(1,064	)		—		—
Balance at the end of the year	₩	1,778			2,005		1,778

5.Trade Accounts and Notes Receivable, Other Accounts Receivable and Others. Continued

Summary of Other Assets

(d)Other current assets as of December 31, 2021 and December 31, 2022 are as follows:

(In millions of won)	December 31, 2021		December 31, 2022
Advanced payments	₩	44,907		22,134
Prepaid expenses		67,540		74,420
Value added tax refundable		608,476		220,182
Right to recover returned goods		7,440		8,155
	₩	728,363		324,891