The Nature of Expenses (Tables)

12 Months Ended

Dec. 31, 2024

Textblock 1 [Abstract]

Classification of Expenses by Nature

The classification of expenses by nature for the years ended December 31, 2022, 2023 and 2024 are as follows:

(In millions of won)
	2022		2023		2024
Changes in inventories	₩	477,457		345,190		(143,513	)
Purchases of raw materials		13,435,265		10,810,985		12,973,989
Depreciation and amortization		4,557,456		4,213,742		5,125,637
Outsourcing		1,147,856		922,565		1,159,520
Labor		3,669,275		3,439,608		3,714,001
Supplies and others		1,212,142		938,568		987,265
Utility		1,189,105		1,193,025		1,397,669
Fees and commissions		834,449		704,763		740,863
Shipping		310,945		124,770		172,081
Advertising		108,315		76,404		67,092
Warranty		251,395		101,846		113,689
Travel		66,428		66,201		53,244
Taxes and dues		144,038		129,784		135,982
Others		832,702		773,532		678,424
Total(*)	₩	28,236,828		23,840,983		27,175,943

(*) Total expenses consist of cost of sales, selling, administrative, research and development expenses.