Classification of Expenses By Nature

12 Months Ended

Dec. 31, 2021

Expenses by nature [abstract]

Classification of Expenses By Nature

Classification of Expenses by Nature

Details of classification of expenses by nature for the years ended December 31, 2021, 2020 and 2019 are as follows:

	2021		2020		2019
	(In millions of Korean won)
Advertising expenses	₩	35,948	₩	30,084	₩	14,948
Fees and commissions	215,613		230,412		249,210
Lease expenses	1,125		920		1,496
Outsourcing expenses	12,997		9,500		7,875
Salaries	35,532		32,340		26,935
Expenses related to defined contribution plans	2,090		2,030		1,807
Employee benefits	3,390		3,329		3,026
Depreciation	4,570		3,783		2,748
Amortization	1,748		1,137		905
Other expenses	3,361		2,944		3,214
Total	₩	316,374	₩	316,479	₩	312,164

Total expenses consist of cost of sales, selling, general and administrative expenses and research and development.