Investments in Equity Accounted Investees (Tables)

12 Months Ended

Dec. 31, 2024

Textblock 1 [Abstract]

Summary of Consolidated Investments in Associates

(a)Details of investments in associates as of December 31, 2023 and 2024 are as follows:

(In millions of won)
					December 31, 2023					December 31, 2024
Associates	Location	Closing	Date of incorporation	Business	Percentage of ownership			Carrying amount		Percentage of ownership			Carrying amount
Paju Electric Glass Co., Ltd.	Paju, South Korea	December	January 2005	Production of glass for display		40	%	₩	24,200		40	%	₩	29,479
WooRee E&L Co., Ltd. (*1)	Ansan, South Korea	December	June 2008	Production of LED back light unit packages		13	%		7,106		—			—
YAS Co., Ltd. (*1)	Paju, South Korea	December	April 2002	Development and production of deposition equipment for OLEDs		16	%		28,564		—			—
AVATEC Co., Ltd. (*1)	Daegu, South Korea	December	August 2000	Processing and sales of glass for display		14	%		20,871		—			—
Arctic Sentinel,    Inc.	Los Angeles, U.S.A.	March	June 2008	Development and production of tablet for kids		10	%		—		10	%		—
Cynora GmbH	Bruchsal, Germany	December	March 2003	Development of organic light emitting materials for displays and lighting devices		10	%		—		10	%		—
Material Science Co.,    Ltd.(*2)	Seoul, South Korea	December	January 2014	Development, production, and sales of materials for display		16	%		3,588		14	%		3,698
Total								₩	84,329					33,177

(*1) For the year ended December 31, 2024, due to loss of significant influence, it has been reclassified from Investments in associates to financial assets at fair value through profit or loss.

(*2) For the year ended December 31, 2024, due to the investee’s disposal of treasury shares and issuance of new shares, the Parent Company’s percentage of ownership decreased from 16% to 14%.

Summary of Financial Information of Significant Associates

(b)Summary of financial information as of December 31, 2023 and 2024 and for the years ended December 31, 2022, 2023 and 2024 are as follows:

Paju Electric Glass Co., Ltd.

(In millions of won)	December 31, 2023		December 31, 2024
Total assets	₩	109,992		123,520
Current assets		94,705		110,055
Non-current assets		15,287		13,465
Total liabilities		47,875		48,088
Current liabilities		47,459		47,418
Non-current liabilities		416		670

(In millions of won)	2022			2023			2024
Revenue	₩	319,264			184,880			277,093
Profit (loss) for the year		6,192			(2,655	)		10,015
Other comprehensive income (loss)		(10,216	)		(4,894	)		3,301
Total comprehensive income (loss)		(4,024	)		(7,549	)		13,316

Reconciliation from Financial Information of Significant Associate to its Carrying Value in Consolidated Financial Statements

(c)Reconciliation from financial information of the significant associate to its carrying amount in the consolidated financial statements as of December 31, 2023 and 2024 are as follows:

(i)As of December 31, 2023

(In millions of won)
Company	Net asset		Ownership interest			Net asset (applying ownership interest)		Intra-group transaction			Carrying amount
Paju Electric Glass Co., Ltd.	₩	62,117		40	%		24,847		(647	)		24,200

(ii)As of December 31, 2024

(In millions of won)
Company	Net asset		Ownership interest			Net asset (applying ownership interest)		Intra-group transaction			Carrying amount
Paju Electric Glass Co., Ltd.	₩	75,432		40	%		30,173		(694	)		29,479

(d)Carrying amount of other associates, in aggregate, as of December 31, 2023 and 2024 are as follows:

(i)As of December 31, 2023

(In millions of won)
			Net profit (loss) of associates (applying ownership interest)
	Book value		Profit (loss) for the year			Other comprehensive income (loss)			Total comprehensive income (loss)
Other associates	₩	60,129		(1,634	)		(722	)		(2,356	)

8.Investments in Equity Accounted Investees Continued

(ii)As of December 31, 2024

(In millions of won)
			Net profit (loss) of associates (applying ownership interest)
	Book value		Profit (loss) for the year		Other comprehensive income (loss)		Total comprehensive income (loss)
Other associates	₩	3,698		1,455		1,912		3,367

Changes in Investments in Associates and a Joint Venture Accounted for Using Equity Method

(e)Changes in investments in associates accounted for using the equity method for the years ended December 31, 2023 and 2024 are as follows:

(In millions of won)
		2023
Company		January 1		Dividends received			Equity loss on investments			Other comprehensive loss			Other loss			December 31,
Associates	Paju Electric Glass Co., Ltd.	₩	42,784		(15,200	)		(1,427	)		(1,957	)		—			24,200
	Others		66,335		—			(1,634	)		(722	)		(3,850	)		60,129
Total		₩	109,119		(15,200	)		(3,061	)		(2,679	)		(3,850	)		84,329

(In millions of won)
		2024
Company		January 1		Disposals and others			Dividends received			Equity income on investments		Other comprehensive income		Other gain		December 31,
Associates	Paju Electric Glass Co., Ltd.	₩	24,200		—			—			3,957		1,322		—		29,479
	Others		60,129		(60,581	)		(200	)		1,455		1,912		983		3,698
Total		₩	84,329		(60,581	)		(200	)		5,412		3,234		983		33,177