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Selling and Administrative Expenses (Tables)
12 Months Ended
Dec. 31, 2023
Textblock 1 [Abstract]  
Details of Selling and Administrative Expenses

Details of selling and administrative expenses for the years ended December 31, 2021, 2022 and 2023 are as follows:

 

(In millions of won)

 

 

 

 

 

 

 

 

 

 

2021

 

 

2022

 

 

2023

 

Salaries

 

387,414

 

 

 

354,709

 

 

 

372,966

 

Expenses related to defined benefit plans

 

 

22,859

 

 

 

26,872

 

 

 

24,822

 

Other employee benefits

 

 

86,757

 

 

 

91,396

 

 

 

86,692

 

Shipping

 

 

298,684

 

 

 

213,613

 

 

 

91,960

 

Fees and commissions

 

 

248,478

 

 

 

272,337

 

 

 

253,495

 

Depreciation

 

 

267,042

 

 

 

263,739

 

 

 

264,982

 

Taxes and dues

 

 

74,542

 

 

 

69,851

 

 

 

65,528

 

Advertising

 

 

126,335

 

 

 

108,315

 

 

 

76,404

 

Warranty

 

 

216,873

 

 

 

251,395

 

 

 

101,846

 

Insurance

 

 

16,654

 

 

 

15,100

 

 

 

13,610

 

Travel

 

 

6,935

 

 

 

17,912

 

 

 

18,421

 

Training

 

 

15,556

 

 

 

15,458

 

 

 

9,775

 

Others

 

 

84,323

 

 

 

126,022

 

 

 

95,186

 

 

1,852,452

 

 

 

1,826,719

 

 

 

1,475,687