Finance Income and Finance Costs

12 Months Ended

Dec. 31, 2024

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Finance Income and Finance Costs

21.Finance Income and Finance Costs

Details of finance income and costs recognized in profit or loss for the years ended December 31, 2022, 2023 and 2024 are as follows:

(In millions of won)
	2022		2023		2024
Finance income
Interest income	₩	85,624		134,664		87,692
Foreign currency gain		308,665		560,633		375,557
Gain on transaction of derivatives		49,503		178,610		274,173
Gain on valuation of derivatives		193,570		239,973		145,078
Gain on valuation of financial assets at fair value    through profit or loss		11,678		5,288		532
Gain on valuation of financial liabilities at fair value    through profit or loss		220,240		—		—
Others		3,779		3,126		62
Total	₩	873,059		1,122,294		883,094
Finance costs
Interest expense	₩	414,521		723,429		909,640
Foreign currency loss		440,604		512,456		861,409
Loss on sale of trade accounts and notes receivable		37,087		48,600		26,178
Loss on transaction of derivatives		359		—		—
Loss on valuation of derivatives		65,585		316,467		5,771
Loss on valuation of financial assets at fair value    through profit or loss		5,205		18,562		9,122
Others		3,002		15,020		9,792
Total	₩	966,363		1,634,534		1,821,912