Finance Income and Finance Costs (Tables)

12 Months Ended

Dec. 31, 2023

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Finance Income and Costs Recognized in Profit or Loss

(a)Finance income and costs recognized in profit or loss for the years ended December 31, 2021, 2022 and 2023 are as follows:

(In millions of won)
	2021		2022		2023
Finance income
Interest income	₩	88,888		85,624		134,664
Foreign currency gain		81,600		308,665		560,633
Gain on disposal of investments in equity    accounted investees		—		2,993		2,994
Reversal of impairment loss on investments in    equity accounted investees		4,701		613		—
Gain on transaction of derivatives		9,393		49,503		178,610
Gain on valuation of derivatives		234,742		193,570		239,973
Gain on disposal of financial assets at fair value    through profit or loss		—		173		132
Gain on valuation of financial assets at fair value    through profit or loss		6,511		11,678		5,288
Gain on valuation of financial liabilities at fair    value through profit or loss		—		220,240		—
	₩	425,835		873,059		1,122,294
Finance costs
Interest expense	₩	434,089		414,521		723,429
Foreign currency loss		381,132		440,604		512,456
Loss on disposal of investments in equity    accounted investees		—		80		37
Impairment loss on investments in equity    accounted investees		2,609		—		6,808
Loss on repayment of borrowings and bonds		250		2,672		167
Loss on sale of trade accounts and notes receivable		4,877		37,087		48,600
Loss on transaction of derivatives		1,049		359		—
Loss on valuation of derivatives		21,795		65,585		316,467
Loss on valuation of financial assets at fair value    through profit or loss		704		5,205		18,562
Loss on valuation of financial liabilities at fair    value through profit or loss		68,421		—		—
Others		1,688		250		8,008
	₩	916,614		966,363		1,634,534