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CONSOLIDATED STATEMENTS OF CASH FLOWS - KRW (₩)
₩ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Cash generated from operations ₩ 103,572 ₩ 81,735 ₩ 37,220
Interest received 995 1,122 1,605
Interest paid (111) (186) (277)
Income taxes paid (30,273) (12,815) (12,177)
Net cash inflow from operating activities 74,183 69,856 26,371
Cash flows from investing activities      
Increase in net short‑term financial instruments (77,000) (31,500) (30,000)
Increase in other non-current financial assets (1,289) (856) (274)
Proceeds from disposal of property and equipment 14 3 71
Proceeds from disposal of intangible assets 15 0 20
Purchase of property and equipment (1,747) (1,071) (983)
Purchase of intangible assets (2,464) (2,625) (1,360)
Net cash outflow in investing activities (82,471) (36,049) (32,526)
Cash flows from financing activities      
Proceeds from capital contribution from non-controlling interests 353 362 359
Repayment of lease liabilities (3,648) (2,893) (2,034)
Payment of share issuance costs (11) (16) (11)
Net cash outflow in financing activities (3,306) (2,547) (1,686)
Effect of exchange rate changes on cash and cash equivalents 67 (56) 1,218
Net increase (decrease) in cash and cash equivalents (11,527) 31,204 (6,623)
Cash and cash equivalents at beginning of the year 110,632 79,428 86,051
Cash and cash equivalents at end of the year ₩ 99,105 ₩ 110,632 ₩ 79,428