Cover Page
Cover Page | 12 Months Ended |
Dec. 31, 2022 shares | |
Document Information [Line Items] | |
Document Type | 20-F |
Amendment Flag | false |
Document Period End Date | Dec. 31, 2022 |
Document Fiscal Year Focus | 2022 |
Document Fiscal Period Focus | FY |
Entity Registrant Name | SK TELECOM CO LTD |
Entity Central Index Key | 0001015650 |
Current Fiscal Year End Date | --12-31 |
Entity Well-known Seasoned Issuer | Yes |
Entity Current Reporting Status | Yes |
Entity Filer Category | Large Accelerated Filer |
Entity Shell Company | false |
Entity Emerging Growth Company | false |
Entity Common Stock, Shares Outstanding | 218,032,053 |
Entity File Number | 1-14418 |
Entity Voluntary Filers | No |
Entity Interactive Data Current | Yes |
Entity Address, Country | KR |
Entity Address, Address Line One | 65, Eulji-ro |
Document Annual Report | true |
Document Transition Report | false |
Document Shell Company Report | false |
ICFR Auditor Attestation Flag | true |
Document Registration Statement | false |
Entity Address, City or Town | Jung-gu |
Entity Address, Postal Zip Code | 04539 |
Entity Incorporation, State or Country Code | M5 |
Document Accounting Standard | International Financial Reporting Standards |
Auditor Name | Ernst & Young Han Young |
Auditor Firm ID | 1437 |
Auditor Location | Seoul, Korea |
Business Contact [Member] | |
Document Information [Line Items] | |
Entity Address, Country | KR |
Entity Address, Address Line One | 65, Eulji-ro |
Entity Address, City or Town | Jung-gu |
Entity Address, Postal Zip Code | 04539 |
Contact Personnel Name | Ms. Woo Sun Cho |
Contact Personnel Fax Number | 82-2-6100-7830 |
Local Phone Number | 6100-2114 |
City Area Code | 82-2 |
ADS [Member] | |
Document Information [Line Items] | |
Trading Symbol | SKM |
Title of 12(b) Security | American Depositary Shares |
Security Exchange Name | NYSE |
Common Stock [Member] | |
Document Information [Line Items] | |
Trading Symbol | SKM |
Title of 12(b) Security | Common Stock |
Security Exchange Name | NYSE |
Consolidated Statements of Fina
Consolidated Statements of Financial Position - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Current Assets: | ||
Cash and cash equivalents | ₩ 1,882,291 | ₩ 872,731 |
Short-term financial instruments | 237,230 | 508,677 |
Short-term investment securities | 0 | 5,010 |
Accounts receivable — trade, net | 1,970,611 | 1,913,511 |
Short-term loans, net | 78,590 | 70,817 |
Accounts receivable — other, net | 479,781 | 548,362 |
Contract assets | 83,058 | 76,698 |
Prepaid expenses | 1,974,315 | 1,987,503 |
Prepaid income taxes | 415 | 77 |
Derivative financial assets | 168,527 | 30,110 |
Inventories, net | 166,355 | 204,637 |
Non-current assets held for sale | 6,377 | 8,734 |
Advanced payments and others | 171,646 | 125,798 |
Total Current Assets | 7,219,196 | 6,352,665 |
Non-Current Assets: | ||
Long-term financial instruments | 375 | 375 |
Long-term investment securities | 1,410,736 | 1,715,078 |
Investments in associates and joint ventures | 1,889,289 | 2,197,351 |
Investment property, net | 25,137 | 23,034 |
Property and equipment, net | 13,322,492 | 12,871,259 |
Goodwill | 2,075,009 | 2,072,493 |
Intangible assets, net | 3,324,910 | 3,869,769 |
Long-term contract assets | 49,163 | 41,580 |
Long-term loans, net | 26,973 | 21,979 |
Long-term accounts receivable — other | 373,951 | 275,238 |
Long-term prepaid expenses | 1,073,422 | 1,069,148 |
Guarantee deposits, net | 167,441 | 186,713 |
Long-term derivative financial assets | 152,633 | 187,484 |
Deferred tax assets | 6,860 | 128 |
Defined benefit assets | 175,748 | 18,427 |
Other non-current assets | 14,927 | 8,556 |
Total Non-Current Assets | 24,089,066 | 24,558,612 |
Total Assets | 31,308,262 | 30,911,277 |
Current Liabilities: | ||
Accounts payable — trade | 89,255 | 190,559 |
Accounts payable — other | 2,427,906 | 2,071,870 |
Withholdings | 803,555 | 790,489 |
Contract liabilities | 172,348 | 166,436 |
Accrued expenses | 1,505,549 | 1,295,404 |
Income tax payable | 112,358 | 192,221 |
Derivative financial liabilities | 0 | 52 |
Provisions | 39,683 | 61,656 |
Short-term borrowings | 142,998 | 12,998 |
Current portion of long-term debt, net | 1,967,586 | 1,430,324 |
Current portion of long-term payables — other | 398,874 | 398,823 |
Lease liabilities | 386,429 | 349,568 |
Other current liabilities | 0 | 35 |
Total Current Liabilities | 8,046,541 | 6,960,435 |
Non-Current Liabilities: | ||
Debentures, excluding current portion, net | 6,524,095 | 7,037,424 |
Long-term borrowings, excluding current portion, net | 668,125 | 353,122 |
Long-term payables — other | 1,239,467 | 1,611,010 |
Long-term lease liabilities | 1,395,628 | 1,184,714 |
Long-term contract liabilities | 61,574 | 36,531 |
Defined benefit liabilities | 61 | 13,157 |
Long-term derivative financial liabilities | 302,593 | 321,084 |
Long-term provisions | 79,415 | 65,339 |
Deferred tax liabilities | 763,766 | 941,301 |
Other non-current liabilities | 71,801 | 52,022 |
Total Non-Current Liabilities | 11,106,525 | 11,615,704 |
Total Liabilities | 19,153,066 | 18,576,139 |
Shareholders' Equity: | ||
Share capital | 30,493 | 30,493 |
Capital surplus and others | (11,965,876) | (12,022,485) |
Hybrid bonds | 398,759 | 398,759 |
Retained earnings | 22,463,711 | 22,437,341 |
Reserves | 391,233 | 735,238 |
Equity attributable to owners of the Parent Company | 11,318,320 | 11,579,346 |
Non-controlling interests | 836,876 | 755,792 |
Total Shareholders' Equity | 12,155,196 | 12,335,138 |
Total Liabilities and Shareholders' Equity | ₩ 31,308,262 | ₩ 30,911,277 |
Consolidated Statements of Inco
Consolidated Statements of Income - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Operating revenue and other income: | |||
Revenue | ₩ 17,304,973 | ₩ 16,748,585 | ₩ 16,087,747 |
Other income | 56,259 | 115,763 | 95,751 |
Operating revenue and other income | 17,361,232 | 16,864,348 | 16,183,498 |
Operating expenses: | |||
Labor | 2,449,813 | 2,300,754 | 2,108,496 |
Commissions | 5,518,786 | 5,426,114 | 5,103,012 |
Depreciation and amortization | 3,621,325 | 3,672,555 | 3,664,665 |
Network interconnection | 715,285 | 749,599 | 770,712 |
Leased lines | 268,426 | 310,141 | 293,960 |
Advertising | 252,402 | 233,401 | 272,091 |
Rent | 143,747 | 140,418 | 171,179 |
Cost of goods sold | 1,268,124 | 1,167,417 | 1,106,001 |
Others | 1,528,976 | 1,431,587 | 1,658,362 |
Operating expenses | 15,766,884 | 15,431,986 | 15,148,478 |
Operating profit | 1,594,348 | 1,432,362 | 1,035,020 |
Finance income | 179,838 | 155,133 | 140,685 |
Finance costs | (456,327) | (315,604) | (322,943) |
Gain (loss) relating to investments in subsidiaries, associates and joint ventures, net | (81,707) | 446,300 | 52,456 |
Profit before income tax | 1,236,152 | 1,718,191 | 905,218 |
Income tax expense | 288,321 | 446,796 | 221,262 |
Profit from continuing operations | 947,831 | 1,271,395 | 683,956 |
Profit from discontinued operations, net of taxes | 0 | 1,147,594 | 816,582 |
Profit for the year | 947,831 | 2,418,989 | 1,500,538 |
Attributable to: | |||
Owners of the Parent Company | 912,400 | 2,407,523 | 1,504,352 |
Non-controlling interests | ₩ 35,431 | ₩ 11,466 | ₩ (3,814) |
Earnings per share(Restated): | |||
Basic earnings per share (in won) | ₩ 4,118 | ₩ 7,191 | ₩ 4,093 |
Basic earnings per share — continuing operations (in won) | 4,118 | 3,614 | 1,741 |
Diluted earnings per share (in won) | 4,116 | 7,187 | 4,092 |
Diluted earnings per share — continuing operations (in won) | ₩ 4,116 | ₩ 3,613 | ₩ 1,741 |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Income - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Statement of comprehensive income [abstract] | |||
Profit for the year | ₩ 947,831 | ₩ 2,418,989 | ₩ 1,500,538 |
Items that will not be reclassified subsequently to profit or loss, net of taxes: | |||
Remeasurement of defined benefit liabilities (assets) | 70,885 | 16,374 | (2,637) |
Net change in other comprehensive income (loss) of investments in associates and joint ventures | 0 | 4,796 | 271 |
Valuation gain (loss) on financial assets at fair value through other comprehensive income | (491,853) | 920,871 | 579,678 |
Items that are or may be reclassified subsequently to profit or loss, net of taxes: | |||
Net change in other comprehensive income (loss) of investments in associates and joint ventures | 119,707 | 356,503 | (114,478) |
Net change in unrealized fair value of derivatives | (21,366) | 16,133 | 19,138 |
Foreign currency translation differences for foreign operations | 16,401 | 47,515 | (20,150) |
Other comprehensive income (loss) for the year, net of taxes | (306,226) | 1,362,192 | 461,822 |
Total comprehensive income | 641,605 | 3,781,181 | 1,962,360 |
Total comprehensive income attributable to: | |||
Owners of the Parent Company | 601,193 | 3,473,445 | 1,869,075 |
Non-controlling interests | ₩ 40,412 | ₩ 307,736 | ₩ 93,285 |
Consolidated Statements of Chan
Consolidated Statements of Changes in Equity - KRW (₩) ₩ in Millions | Total | Share capital [member] | Capital surplus (deficit) and others [member] | Hybrid bonds [member] | Retained earnings [member] | Reserves [member] | Attributable to owners [member] | Non-controlling interests [member] |
Balance at Dec. 31, 2019 | ₩ 22,816,934 | ₩ 44,639 | ₩ 607,722 | ₩ 398,759 | ₩ 22,228,683 | ₩ (329,576) | ₩ 22,950,227 | ₩ (133,293) |
Total comprehensive income: | ||||||||
Profit (loss) for the year | 1,500,538 | 1,504,352 | 1,504,352 | (3,814) | ||||
Other comprehensive income (loss) (note 12,21,22,28,30) | 461,822 | (4,992) | 369,715 | 364,723 | 97,099 | |||
Total comprehensive income | 1,962,360 | 1,499,360 | 369,715 | 1,869,075 | 93,285 | |||
Transactions with owners: | ||||||||
Annual dividends (note 33) | (663,999) | (658,228) | (658,228) | (5,771) | ||||
Interim dividends (note 33) | (73,136) | (73,136) | (73,136) | |||||
Share option (note 26) | 1,435 | 179 | 179 | 1,256 | ||||
Interest on hybrid bonds | (14,766) | (14,766) | (14,766) | |||||
Transactions of treasury shares (note 24) | (426,664) | (426,664) | (426,664) | |||||
Changes in ownership in subsidiaries (note 11) | 794,079 | 97,207 | 97,207 | 696,872 | ||||
Transactions with owners | (383,051) | (329,278) | (746,130) | (1,075,408) | 692,357 | |||
Balance at Dec. 31, 2020 | 24,396,243 | 44,639 | 278,444 | 398,759 | 22,981,913 | 40,139 | 23,743,894 | 652,349 |
Total comprehensive income: | ||||||||
Profit (loss) for the year | 2,418,989 | 2,407,523 | 2,407,523 | 11,466 | ||||
Other comprehensive income (loss) (note 12,21,22,28,30) | 1,362,192 | 26,371 | 1,039,551 | 1,065,922 | 296,270 | |||
Total comprehensive income | 3,781,181 | 2,433,894 | 1,039,551 | 3,473,445 | 307,736 | |||
Transactions with owners: | ||||||||
Annual dividends (note 33) | (667,715) | (641,944) | (641,944) | (25,771) | ||||
Interim dividends (note 33) | (355,804) | (355,804) | (355,804) | |||||
Share option (note 26) | 87,622 | 75,498 | 75,498 | 12,124 | ||||
Interest on hybrid bonds | (14,766) | (14,766) | (14,766) | |||||
Transactions of treasury shares (note 24) | (76,111) | (76,111) | (76,111) | |||||
Disposal of treasury shares (note 24) | 57,017 | 57,017 | 57,017 | |||||
Retirement of treasury shares (note 24) | 1,965,952 | 1,965,952 | (1,965,952) | |||||
Changes from spin-off (note 41) | (15,005,397) | (14,146) | (14,460,588) | (344,452) | (14,819,186) | (186,211) | ||
Changes in ownership in subsidiaries (note 11) | 132,868 | 137,303 | 137,303 | (4,435) | ||||
Transactions with owners | (15,842,286) | (14,146) | (12,300,929) | (2,978,466) | (344,452) | (15,637,993) | (204,293) | |
Balance at Dec. 31, 2021 | 12,335,138 | 30,493 | (12,022,485) | 398,759 | 22,437,341 | 735,238 | 11,579,346 | 755,792 |
Total comprehensive income: | ||||||||
Profit (loss) for the year | 947,831 | 912,400 | 912,400 | 35,431 | ||||
Other comprehensive income (loss) (note 12,21,22,28,30) | (306,226) | 32,798 | (344,005) | (311,207) | 4,981 | |||
Total comprehensive income | 641,605 | 945,198 | (344,005) | 601,193 | 40,412 | |||
Transactions with owners: | ||||||||
Annual dividends (note 33) | (361,186) | (361,186) | (361,186) | 0 | ||||
Interim dividends (note 33) | (542,876) | (542,876) | (542,876) | |||||
Share option (note 26) | 72,261 | 72,261 | 72,261 | 0 | ||||
Interest on hybrid bonds | (14,766) | (14,766) | (14,766) | |||||
Transactions of treasury shares (note 24) | (2,683) | (2,683) | (2,683) | |||||
Retirement of treasury shares (note 24) | 0 | |||||||
Changes in ownership in subsidiaries (note 11) | 27,703 | (12,969) | (12,969) | 40,672 | ||||
Transactions with owners | (821,547) | 0 | 56,609 | (918,828) | 0 | (862,219) | 40,672 | |
Balance at Dec. 31, 2022 | ₩ 12,155,196 | ₩ 30,493 | ₩ (11,965,876) | ₩ 398,759 | ₩ 22,463,711 | ₩ 391,233 | ₩ 11,318,320 | ₩ 836,876 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Cash generated from operating activities | |||
Profit for the year | ₩ 947,831 | ₩ 2,418,989 | ₩ 1,500,538 |
Adjustments for income and expenses | 4,719,438 | 3,473,779 | 4,256,654 |
Changes in assets and liabilities related to operating activities | 118,106 | (568,695) | 302,458 |
Sub-total | 5,785,375 | 5,324,073 | 6,059,650 |
Interest received | 52,163 | 37,403 | 41,832 |
Dividends received | 16,388 | 327,906 | 166,019 |
Interest paid | (259,719) | (306,634) | (397,351) |
Income tax paid | (434,890) | (351,469) | (48,274) |
Net cash provided by operating activities | 5,159,317 | 5,031,279 | 5,821,876 |
Cash inflows from investing activities: | |||
Decrease in short-term financial instruments, net | 264,693 | 162,565 | |
Decrease in short-term investment securities, net | 5,010 | 32,544 | 17,684 |
Collection of short-term loans | 123,700 | 137,196 | 77,114 |
Decrease in long-term financial instruments | 330,032 | 343 | 99 |
Proceeds from disposals of long-term investment securities | 104,190 | 78,261 | 46,065 |
Proceeds from disposals of investments in associates and joint ventures | 342,645 | 100,634 | 2,715 |
Proceeds from disposals of non-current assets held for sale | 20,136 | ||
Proceeds from disposals of property and equipment | 15,792 | 61,425 | 102,526 |
Proceeds from disposals of intangible assets | 10,993 | 14,618 | 39,654 |
Collection of long-term loans | 1,134 | 4,166 | 4,608 |
Decrease in deposits | 10,056 | 6,941 | 16,244 |
Proceeds from settlement of derivatives | 1,542 | 1,495 | 845 |
Proceeds from disposals of subsidiaries | 165 | ||
Cash inflow from business combination, net | 115,834 | ||
Cash inflow from transfers of business, net | 5,395 | ||
Sub-total | 1,229,923 | 600,188 | 428,948 |
Cash outflows for investing activities: | |||
Increase in short-term financial instruments, net | (596,025) | ||
Increase in short-term loans | (127,263) | (100,209) | (103,604) |
Increase in long-term loans | (11,724) | (9,877) | (11,044) |
Increase in long-term financial instruments | (330,032) | (21) | (2) |
Acquisitions of long-term investment securities | (436,753) | (286,566) | (95,474) |
Acquisitions of investments in associates and joint ventures | (11,065) | (222,765) | (170,292) |
Acquisitions of property and equipment | (2,908,287) | (2,915,851) | (3,557,800) |
Acquisitions of intangible assets | (138,136) | (392,588) | (129,976) |
Increase in deposits | (12,146) | (51,274) | (12,175) |
Cash outflow for business combinations, net | (62,312) | (107,226) | (2,958) |
Sub-total | (4,037,718) | (4,086,377) | (4,679,350) |
Net cash used in investing activities | (2,807,795) | (3,486,189) | (4,250,402) |
Cash inflows from financing activities: | |||
Proceeds from short-term borrowings, net | 130,000 | 76,375 | |
Proceeds from issuance of debentures | 1,200,122 | 873,245 | 1,420,962 |
Proceeds from long-term borrowings | 440,000 | 350,000 | 1,947,848 |
Increase in financial liabilities at FVTPL | 129,123 | ||
Cash inflows from settlement of derivatives | 768 | 332 | 36,691 |
Transactions with non-controlling shareholders | 31,151 | 444,124 | 17,766 |
Sub-total | 1,802,041 | 1,796,824 | 3,499,642 |
Cash outflows for financing activities: | |||
Repayments of short-term borrowings, net | (50,823) | ||
Repayments of long-term payables — other | (400,245) | (426,267) | (428,100) |
Repayments of debentures | (1,390,000) | (890,000) | (975,500) |
Repayments of long-term borrowings | (41,471) | (286,868) | (1,950,874) |
Payments of dividends | (904,020) | (1,028,520) | (742,136) |
Payments of interest on hybrid bonds | (14,766) | (14,766) | (14,766) |
Repayments of lease liabilities | (401,054) | (431,674) | (412,666) |
Acquisitions of treasury shares | (76,111) | (426,664) | |
Cash outflows resulting from spin-off | (626,000) | ||
Transactions with non-controlling shareholders | (367) | (19,406) | (6,515) |
Sub-total | (3,151,923) | (3,850,435) | (4,957,221) |
Net cash used in financing activities | (1,349,882) | (2,053,611) | (1,457,579) |
Net increase (decrease) in cash and cash equivalents | 1,001,640 | (508,521) | 113,895 |
Cash and cash equivalents at beginning of the year | 872,731 | 1,369,653 | 1,270,824 |
Effects of exchange rate changes on cash and cash equivalents | 7,920 | 11,599 | (15,066) |
Cash and cash equivalents at end of the year | ₩ 1,882,291 | ₩ 872,731 | ₩ 1,369,653 |
Reporting Entity
Reporting Entity | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Reporting Entity | 1. Reporting Entity (1) General SK Telecom Co., Ltd. (the “Parent Company”) was incorporated o Eulji-ro, Jung-gu, The Parent Company’s common shares are listed on the Stock Market of Korea Exchange, and its depositary receipts (DRs) are listed on the New York Stock Exchange and the London Stock Exchange. As of December 31, 2022, the Parent Company’s total issued shares are held by the following shareholders: Number of shares Percentage of total shares issued (%) 2022 2021 2022 2021 SK Inc. 65,668,397 65,668,397 30.01 30.00 National Pension Service 16,846,066 21,076,493 7.69 9.63 Institutional investors and other shareholders 131,671,103 126,990,775 60.17 58.04 Kakao Corp. — 3,846,487 — 1.76 Kakao Investment Co., Ltd. 3,846,487 — 1.76 — Treasury shares 801,091 1,250,992 0.37 0.57 218,833,144 218,833,144 100.00 100.00 These consolidated financial statements comprise the Parent Company and its subsidiaries (collectively referred to as the “Group”). SK Inc. is the ultimate controlling entity of the Parent Company. On November 1, 2021, the date of spin-off, spin-off (2) List of subsidiaries The list of subsidiaries as of December 31, 2022 and 2021 is as follows: Ownership (%)(*1) Subsidiary Location Primary business Dec. 31, 2022 Dec. 31, 2021 Subsidiaries owned by the Parent Company SK Telink Co., Ltd. Korea International telecommunication and Mobile Virtual Network Operator service 100.0 100.0 SK Communications Co., Ltd. Korea Internet website services 100.0 100.0 SK Broadband Co., Ltd. Korea Fixed-line telecommunication services 74.4 74.3 PS&Marketing Corporation Korea Communications device retail business 100.0 100.0 SERVICE ACE Co., Ltd. Korea Call center management service 100.0 100.0 SERVICE TOP Co., Ltd. Korea Call center management service 100.0 100.0 SK O&S Co., Ltd. Korea Base station maintenance service 100.0 100.0 SK Telecom China Holdings Co., Ltd. China Investment (Holdings company) 100.0 100.0 SK Global Healthcare Business Group Ltd. Hong Kong Investment 100.0 100.0 YTK Investment Ltd. Cayman Islands Investment 100.0 100.0 Atlas Investment Cayman Islands Investment 100.0 100.0 SK Telecom Americas, Inc. USA Information gathering and consulting 100.0 100.0 Quantum Innovation Fund I Korea Investment 59.9 59.9 SK Telecom Japan Inc. Japan Information gathering and consulting 100.0 100.0 Happy Hanool Co., Ltd. Korea Service 100.0 100.0 SK stoa Co., Ltd. Korea Other telecommunication retail business 100.0 100.0 Broadband Nowon Co., Ltd.(*2) Korea Cable broadcasting services — 100.0 SAPEON Inc.(*2,3) USA Manufacturing non-memory and other electronic integrated circuits 62.5 — Ownership (%)(*1) Subsidiary Location Primary business Dec. 31, 2022 Dec. 31, 2021 Subsidiaries owned by SK Broadband Co., Ltd. Home & Service Co., Ltd. Korea Operation of information and communication facility 100.0 100.0 Media S Co., Ltd. Korea Production and supply services of broadcasting programs 100.0 100.0 Subsidiary owned by PS&Marketing Corporation SK m&service Co., Ltd.(*2,4) Korea Database and Internet website service 100.0 — Subsidiary owned by Quantum Innovation Fund I PanAsia Semiconductor Materials LLC. Korea Investment 66.4 66.4 Subsidiary owned by SK Telecom Japan Inc. SK Planet Japan, K. K. Japan Digital contents sourcing service 79.8 79.8 Subsidiary owned by SAPEON Inc. SAPEON Korea Inc.(*2,5) Korea Manufacturing non-memory and other electronic integrated circuits 100.0 — Others(*6) SK Telecom Innovation Fund, L.P. USA Investment 100.0 100.0 SK Telecom China Fund I L.P. Cayman Islands Investment 100.0 100.0 (*1) The ownership interest represents direct ownership interest in subsidiaries either by the Parent Company or subsidiaries of the Parent Company. (*2) Details of changes in the consolidation scope for the year ended December 31, 2022 are presented in note 1-(4). (*3) The Parent Company newly established SAPEON inc. and the ownership interest of the Parent Company in SAPEON inc. has changed from 100% to 62.5% due to unequal paid-in (*4) PS&Marketing Corporation acquired 3,099,112 shares (100%) of SK m&service Co., Ltd. at ₩ (*5) The Parent Company newly established SAPEON Korea Inc. and disposed the entire shares of SAPEON Korea Inc. to SAPEON Inc. at ₩ (*6) Others are owned by Atlas Investment and another subsidiary of the Parent Company. (3) Condensed financial information of subsidiaries 1) Condensed financial information of significant subsidiaries as of and for the year ended December 31, 2022 is as follows: (In millions of won) As of December 31, 2022 2022 Subsidiary Total assets Total liabilities Total equity Revenue Profit (loss) SK Telink Co., Ltd. ₩ 196,281 60,927 135,354 302,595 15,008 SK Broadband Co., Ltd. 6,245,484 3,134,949 3,110,535 4,162,093 212,816 PS&Marketing Corporation 403,030 177,739 225,291 1,376,400 3,856 SERVICE ACE Co., Ltd. 97,597 59,189 38,408 194,798 2,429 SERVICE TOP Co., Ltd. 81,590 53,589 28,001 179,365 1,613 SK O&S Co., Ltd. 121,755 70,280 51,475 331,715 2,059 Home & Service Co., Ltd. 158,248 102,184 56,064 413,259 (1,217 ) SK stoa Co., Ltd. 103,910 44,696 59,214 329,304 9,977 SK m&service Co., Ltd.(*) 160,704 95,263 65,441 211,081 4,157 (*) The financial information is the condensed financial information after the entity was included in the scope of consolidation. 2) Condensed financial information of significant subsidiaries as of and for the year ended December 31, 2021 is as follows: (In millions of won) As of December 31, 2021 2021 Subsidiary Total assets Total liabilities Total equity Revenue Profit SK Telink Co., Ltd. ₩ 174,837 52,821 122,016 313,404 8,846 SK Broadband Co., Ltd. 5,971,505 3,091,837 2,879,668 4,058,997 213,468 PS&Marketing Corporation 478,745 263,457 215,288 1,445,540 3,179 SERVICE ACE Co., Ltd. 99,059 66,496 32,563 197,146 2,519 SERVICE TOP Co., Ltd. 72,026 46,067 25,959 185,452 2,066 SK O&S Co., Ltd. 95,748 58,870 36,878 285,591 69 Home & Service Co., Ltd. 131,947 90,775 41,172 405,255 550 SK stoa Co., Ltd. 107,943 59,931 48,012 316,249 19,163 3) Condensed financial information of the significant subsidiaries as of and for the year ended December 31, 2020 is as follows: (In millions of won) As of December 31, 2020 2020 Subsidiary Total assets Total liabilities Total equity Revenue Profit (loss) SK Telink Co., Ltd. ₩ 176,872 60,702 116,170 351,334 18,010 Eleven Street Co., Ltd. 999,225 542,534 456,691 545,556 (29,623 ) SK m&service Co., Ltd. 129,738 74,962 54,776 214,949 2,759 SK Broadband Co., Ltd. 5,765,808 3,119,489 2,646,319 3,713,021 150,694 K-net 377,683 65,896 311,787 — (44,737 ) PS&Marketing Corporation 470,521 257,809 212,712 1,427,218 (847 ) SERVICE ACE Co., Ltd. 96,258 71,890 24,368 206,612 2,905 SERVICE TOP Co., Ltd. 69,496 51,584 17,912 195,479 2,592 SK O&S Co., Ltd. 88,663 54,012 34,651 278,948 778 SK Planet Co., Ltd. 536,981 214,846 322,135 276,462 1,305 Dreamus Company(*1) 172,443 76,642 95,801 226,329 (23,068 ) SK Shieldus Co., Ltd. (Formerly, ADT CAPS Co., Ltd.)(*2) 2,927,396 2,550,936 376,460 1,327,150 14,227 Onestore Co., Ltd. 243,442 99,943 143,499 155,218 1,952 Home & Service Co., Ltd. 124,197 88,740 35,457 397,754 (20 ) SK stoa Co., Ltd. 107,982 79,339 28,643 268,693 17,154 FSK L&S Co., Ltd.(*3) 66,117 35,192 30,925 205,623 3,022 Incross Co., Ltd.(*4) 179,308 104,778 74,530 39,440 12,307 Tmap Mobility Co., Ltd. 170,381 17,179 153,202 — (1,857 ) (*1) The condensed financial information of Dreamus Company is consolidated financial information including iriver Enterprise Ltd. and three other subsidiaries of Dreamus Company. (*2) The condensed financial information of SK Shieldus Co., Ltd.(Formerly, ADT CAPS Co., Ltd.) is consolidated financial information including SKinfosec Information Technology(Wuxi) Co., Ltd. and two other subsidiaries of SK Shieldus Co., Ltd.(Formerly, ADT CAPS Co., Ltd.) and including profit and loss which Life Security & Holdings Co., Ltd. recognized prior to the merger. (*3) The condensed financial information of FSK L&S Co., Ltd. is consolidated financial information including FSK L&S (Shanghai) Co., Ltd. and two other subsidiaries of FSK L&S Co., Ltd. (*4) The condensed financial information of Incross Co., Ltd. is consolidated financial information including Infra Communications Co., Ltd. and another subsidiary of Incross Co., Ltd. (4) Changes in subsidiaries 1) The list of subsidiaries that were newly included in consolidation for the year ended December 31, 2022 is as follows: Subsidiary Reason SAPEON Korea Inc. Established by the Parent Company SAPEON Inc. Established by the Parent Company SK m&service Co., Ltd. Acquired by PS&Marketing Corporation 2) The list of subsidiaries that were excluded from consolidation for the year ended December 31, 2022 is as follows: Subsidiary Reason Broadband Nowon Co., Ltd. Merged into SK Broadband Co., Ltd (5) The financial information of significant non-controlling (In millions of won) SK Broadband Co., Ltd.(*) Ownership of non-controlling 25.3 As of December 31, 2022 Current assets ₩ 1,348,305 Non-current 5,076,410 Current liabilities (1,707,805 ) Non-current (1,488,834 ) Net assets 3,228,076 Carrying amount of non-controlling 816,676 2022 Revenue ₩ 4,156,326 Profit for the year 217,303 Total comprehensive income 237,860 Profit attributable to non-controlling 51,528 Net cash provided by operating activities ₩ 1,184,794 Net cash used in investing activities (807,965 ) Net cash used in financing activities (415,908 ) Effects of exchange rate changes on cash and cash equivalents (584 ) Net decrease in cash and cash equivalents (39,663 ) Dividends paid to non-controlling ₩ — (*) The condensed financial information above is the consolidated financial information of the subsidiary and is reflected fair value adjustments that occurred a business combination. (In millions of won) SK Broadband Co., Ltd.(*) Ownership of non-controlling 25.1 As of December 31, 2021 Current assets ₩ 1,252,935 Non-current 4,886,448 Current liabilities (1,433,800 ) Non-current (1,717,074 ) Net assets 2,988,509 Carrying amount of non-controlling 740,771 2021 Revenue ₩ 4,049,156 Profit for the year 198,268 Total comprehensive income 214,003 Profit attributable to non-controlling 52,935 Net cash provided by operating activities ₩ 1,072,307 Net cash used in investing activities (615,510 ) Net cash used in financing activities (248,139 ) Effects of exchange rate changes on cash and cash equivalents (59 ) Net increase in cash and cash equivalents 208,599 Dividends paid to non-controlling ₩ — (*) The condensed financial information above is the consolidated financial information of the subsidiary and is reflected fair value adjustments that occurred a business combination. (In millions of won) Dreamus Company Onestore Co., Ltd. Eleven Street Co., Ltd. SK Shieldus Co., Ltd.(Formerly, ADT CAPS Co., Ltd.)(*) Incross Co., Ltd. SK Broadband Co., Ltd. Ownership of non-controlling 48.6 47.4 18.2 37.4 55.2 24.9 As of December 31, 2020 Current assets ₩ 146,278 215,672 896,828 306,520 165,668 1,179,743 Non-current 26,165 27,770 102,397 2,620,876 13,640 4,586,065 Current liabilities (72,762 ) (96,139 ) (508,427 ) (417,194 ) (101,065 ) (1,279,132 ) Non-current (3,880 ) (3,804 ) (34,107 ) (2,133,742 ) (3,713 ) (1,840,357 ) Net assets 95,801 143,499 456,691 376,460 74,530 2,646,319 Fair value adjustment and others — — (14,297 ) (1,227,442 ) — — Net assets on the consolidated financial statements 95,801 143,499 442,394 (850,982 ) 74,530 2,646,319 Carrying amount of non-controlling 47,452 68,573 81,754 (318,267 ) 46,010 665,020 2020 Revenue ₩ 226,329 155,218 545,556 1,327,150 39,440 3,713,021 Profit (loss) for the year (23,068 ) 1,952 (29,623 ) 14,227 12,307 150,694 Depreciation of the fair value adjustment and others — — (492 ) (19,229 ) — — Profit (loss) for the year on the consolidated financial statements (23,068 ) 1,952 (30,115 ) (5,002 ) 12,307 150,694 Total comprehensive income (loss) (22,740 ) 2,278 (15,793 ) (3,758 ) 12,145 151,417 Profit (loss) attributable to non-controlling (10,770 ) 930 (5,565 ) (12,432 ) 7,568 27,240 Net cash provided by operating activities ₩ 15,223 38,006 65,499 248,524 24,629 1,035,474 Net cash used in investing activities (2,471 ) (62,816 ) (71,644 ) (229,130 ) (2,284 ) (844,454 ) Net cash provided by (used in) financing activities (2,329 ) (2,499 ) (18,059 ) 11,134 (4,278 ) (93,259 ) Effects of exchange rate changes on cash and cash equivalents (2,053 ) — (385 ) (554 ) — — Net increase (decrease) in cash and cash equivalents 8,370 (27,309 ) (24,589 ) 29,974 18,067 97,761 Dividends paid to non-controlling ₩ — — 5,000 17,273 — — (*) The condensed financial information of SK Shieldus Co., Ltd.(Formerly, ADT CAPS Co., Ltd.) includes profit and loss, cash flows which Life Security & Holdings Co., Ltd. recognized prior to the merger. |
Basis of Preparation
Basis of Preparation | 12 Months Ended |
Dec. 31, 2022 | |
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Basis of Preparation | 2. Basis of Preparation (1) Statement of compliance These consolidated financial statements were prepared in accordance with International Financial Reporting Standards (“IFRS”), as issued by the International Accounting Standards Board (“IASB”). These consolidated financial statements were authorized for issue by the Board of Directors on February 7, 2023 for statutory shareholders’ approval purpose, and re-authorized (2) Basis of measurement The consolidated financial statements have been prepared on the historical cost basis, except for the following material items in the consolidated statement of financial position: • derivative financial instruments measured at fair value; • financial instruments measured at fair value through profit or loss (“FVTPL”); • financial instruments measured at fair value through other comprehensive income (“FVOCI”); • liabilities measured at fair value for cash-settled share-based payment arrangement; and • liabilities (assets) for defined benefit plans recognized at the total present value of defined benefit obligations less the fair value of plan assets (3) Functional and presentation currency Financial statements of Group entities within the Group are prepared in functional currency of each group entity, which is the currency of the primary economic environment in which each entity operates. Consolidated financial statements of the Group are presented in Korean won, which is the Parent Company’s functional and presentation currency. (4) Use of estimates and judgments The preparation of the consolidated financial statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period prospectively 1) Critical judgments Information about critical judgments in applying accounting policies that have the most significant effects on the amounts recognized in the consolidated financial statements is included in notes for the following areas: consolidation (whether the Group has de facto control over an investee), and determination of stand-alone selling prices. 2) Assumptions and estimation uncertainties Information about assumptions and estimation uncertainties that have a significant risk of resulting in a material adjustment within the next financial year are included in the following notes: loss allowance (notes 6 and 35), estimated useful lives of costs to obtain a contract (notes 7), property and equipment and intangible assets (notes 3 (7), (9), 13 and 17), impairment of goodwill (notes 3 (12) and 16), recognition of provision (notes 3 (17) and 20), measurement of defined benefit liabilities (notes 3 (16) and 21), transaction of derivative instruments (notes 3 (6) and 22) and recognition of deferred tax assets (liabilities) (notes 3 (25) and 31). 3) Fair value measurement A number of the Group’s accounting policies and disclosures require the measurement of fair values, for both financial and non-financial The Group regularly reviews significant unobservable inputs and valuation adjustments. If third party information, such as broker quotes or pricing services, is used to measure fair values, then the Group assesses the evidence obtained from the third parties to support the conclusion that such valuations meet the requirements of IFRS, including the level in the fair value hierarchy in which such valuations should be classified. When measuring the fair value of an asset or a liability, the Group uses market observable data as far as possible. Fair values are categorized into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows. • Level 1: quoted (unadjusted) market prices in active markets for identical assets or liabilities; • Level 2: inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly; and • Level 3: inputs for the asset or liability that are not based on observable market data (unobservable inputs). If the inputs used to measure the fair value of an asset or a liability fall into different levels of the fair value hierarchy, then the fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire measurement. The Group recognizes transfers between levels of the fair value hierarchy at the end of the reporting period during which the change has occurred. Information about assumptions used for fair value measurements are included in note 22 and note 35. |
Significant Accounting Policies
Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2022 | |
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Significant Accounting Policies | 3. Significant Accounting Policies The significant accounting policies applied by the Group in the preparation of its consolidated financial statements in accordance with IFRS are included below. Except for certain standards and amendments which are effective for annual periods beginning on or after January 1, 2022, the significant accounting policies applied by the Group in these consolidated financial statements have been consistently applied for all periods presented, except for the changes described below. The new and amended standards and interpretations that are effective for annual periods beginning on or after January 1, 2022 are as follows. These amended standards had no significant impact on the Group’s consolidated financial statements. • Onerous Contracts — Cost of Fulfilling a Contract (Amendments to IAS 7). • Reference to Conceptual Framework (Amendments to IFRS 3). • Property, Plant and Equipment: Proceeds before Intended Use (Amendments to IAS 16). • Annual Improvements to IFRS 2018-2020. As described in note 41, the Parent Company carried out a spin-off Non-current spin-off (1) Operating segments An operating segment is a component of the Group that engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses that relate to transactions with any of the Group’s other components. The Group’s operating segments have been determined to be each business unit, for which the Group generates separately identifiable financial information that is regularly reported to the chief operating decision maker for the purpose of resource allocation and assessment of segment performance. The Group has three reportable segments as described in note 4. Segment results that are reported to the chief operating decision maker include items directly attributable to a segment as well as those that can be allocated on a reasonable basis. (2) Basis of consolidation (a) Business combination A business combination is accounted for by applying the acquisition method, unless it is a combination involving entities or businesses under common control. In determining whether a particular set of activities and assets is a business, the Group assesses whether the set of assets and activities acquired includes, at a minimum, an input and substantive process and whether the acquired set has the ability to produce outputs. The Group has an option to apply a ‘concentration test’ that permits a simplified assessment of whether an acquired set of activities and assets is not a business. The optional concentration test is met if substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or group of similar identifiable assets. Consideration transferred is generally measured at fair value, identical to the measurement of identifiable net assets acquired at fair value. The difference between the acquired company’s fair value and the consideration transferred is accounted for goodwill. Any goodwill that arises is tested annually for impairment. Any gain on a bargain purchase is recognized in profit or loss immediately. Acquisition-related costs are expensed in the periods in which the costs are incurred and the services are received, except if related to the costs to issue debt or equity securities recognized based on IAS 32 and IFRS 9. Consideration transferred does not include the amount settled in relation to the pre-existing Contingent consideration is measured at fair value at the acquisition date. Contingent consideration classified as equity is not remeasured and its subsequent settlement is accounted for within equity. If contingent consideration is not classified as equity, the Group subsequently recognizes changes in fair value of contingent consideration through profit or loss. (b) Non-controlling Non-controlling Changes in a Controlling Company’s ownership interest in a subsidiary that do not result in the Controlling Company losing control of the subsidiary are accounted for as equity transactions. (c) Subsidiaries Subsidiaries are entities controlled by the Group. The Group controls an investee when it is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Consolidation of an investee begins from the date the Group obtains control of the investee and cease when the Group loses control of the investee. (d) Loss of control If the Group loses control of a subsidiary, the Group derecognizes the assets and liabilities of the former subsidiary from the consolidated statement of financial position and recognizes gain or loss associated with the loss of control attributable to the former controlling interest. Any investment retained in the former subsidiary is recognized at its fair value when control is lost. (e) Interest in investees accounted for using the equity method Interest in investees accounted for using the equity method composed of interest in associates and joint ventures. An associate is an entity in which the Group has significant influence, but not control, over the entity’s financial and operating policies. A joint venture is a joint arrangement whereby the Group that has joint control of the arrangement has rights to the net assets of the arrangement. The investment in an associate and a joint venture is initially recognized at cost including transaction costs and the carrying amount is increased or decreased to recognize the Group’s share of the profit or loss and changes in equity of the associate or the joint venture after the date of acquisition. (f) Intra-group transactions Intra-group balances and transactions, and any unrealized income and expenses arising from intra-group transactions, are eliminated in preparing the consolidated financial statements. The Group’s share of unrealized gain incurred from transactions with investees accounted for using the equity method are eliminated and unrealized loss are eliminated using the same basis if there are no evidence of asset impairments. (g) Business combinations under common control SK Inc. is the ultimate controlling entity of the Group. The assets and liabilities acquired under business combination under common control are recognized at the carrying amounts in the ultimate controlling shareholder’s consolidated financial statements. The difference between consideration and carrying amount of net assets acquired is added to or subtracted from capital surplus and others. (3) Cash and cash equivalents Cash and cash equivalents comprise cash balances, call deposits and investment securities with maturities of three months or less from the acquisition date that are easily convertible to cash and subject to an insignificant risk of changes in their fair value. (4) Inventories Inventories are initially recognized at the acquisition cost and subsequently measured using the weighted average method. During the period, a perpetual inventory system is used to track inventory quantities, which is adjusted based on the physical inventory counts performed at the period end. When the net realizable value of inventories is less than cost, the carrying amount is reduced to the net realizable value, and any difference is charged to current period as operating expenses. (5) Non-derivative (a) Recognition and initial measurement Accounts receivable — trade and debt investments issued are initially recognized when they are originated. All other financial assets and financial liabilities are initially recognized when the Group becomes a party to the contractual provisions of the instrument. A financial asset (unless an accounts receivable — trade without a significant financing component) or financial liability is initially measured at fair value plus, for an item not at FVTPL, transaction costs that are directly attributable to its acquisition or issue. An accounts receivable — trade without a significant financing component is initially measured at the transaction price. (b) Classification and subsequent measurement On initial recognition, a financial asset is classified as measured at: • FVTPL • FVOCI — equity investment • FVOCI — debt investment • Financial assets at amortized cost A financial asset is classified based on the business model in which a financial asset is managed and its contractual cash flow characteristics. Financial assets are not reclassified subsequent to their initial recognition unless the Group changes its business model for managing financial assets, in which case all affected financial assets are reclassified on the first day of the first reporting period following the change in the business model. A financial asset is measured at amortized cost if it meets both of the following conditions and is not designated as at FVTPL: • it is held within a business model whose objective is to hold assets to collect contractual cash flows; and • its contractual terms give rise to cash flows that are solely payments of principal and interest on the principal amount outstanding on specified dates. A debt investment is measured at FVOCI if it meets both of the following conditions and is not designated as at FVTPL: • it is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; and • its contractual terms give rise to cash flows that are solely payments of principal and interest on the principal amount outstanding on specified dates. On initial recognition of an equity investment that is not held for trading, the Group may irrevocably elect to present subsequent changes in the investment’s fair value in other comprehensive income (“OCI”). This election is made on an investment-by-investment All financial assets not classified as measured at amortized cost or FVOCI as described above are measured at FVTPL. This includes all derivative financial assets. On initial recognition, the Group may irrevocably designate a financial asset that otherwise meets the requirements to be measured at amortized cost or at FVOCI as at FVTPL if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise. The following accounting policies are applied to the subsequent measurement of financial assets. Financial assets at FVTPL These assets are subsequently measured at fair value. Net gains and losses, including any interest or dividend income, are recognized in profit or loss. Financial assets at amortized cost These assets are subsequently measured at amortized cost using the effective interest method. The amortized cost is reduced by impairment losses. Interest income, foreign exchange gains and losses and impairment are recognized in profit or loss. Any gain or loss on derecognition is recognized in profit or loss. Debt investments at FVOCI These assets are subsequently measured at fair value. Interest income calculated using the effective interest method, foreign exchange gains and losses and impairment are recognized in profit or loss. Other net gains and losses are recognized in OCI. On derecognition, gains and losses accumulated in OCI are reclassified to profit or loss. Equity investments at FVOCI These assets are subsequently measured at fair value. Dividends are recognized as income in profit or loss unless the dividend clearly represents a recovery of the cost of the investment. Other net gains and losses are recognized in OCI and are never reclassified to profit or loss. (c) Impairment The Group estimates the expected credit losses (“ECL”) for the debt instruments measured at amortized cost and FVOCI based on the Group’s historical experience and informed credit assessment that includes forward-looking information. The impairment approach is decided based on the assessment of whether the credit risk of a financial asset has increased significantly since initial recognition. However, the Group applies a practical expedient and recognizes impairment losses equal to lifetime ECLs for accounts receivable – trade and lease receivables from the initial recognition. ECL is a probability-weighted estimate of credit losses. Credit losses are measured as the present value of all cash shortfalls (i.e., the difference between the cash flows due to the entity in accordance with the contract and the cash flows that the Group expects to receive). At each reporting date, the Group assesses whether financial assets measured at amortized cost and debt investments at FVOCI are credit-impaired. A financial asset is ‘credit-impaired’ when one or more events that have a detrimental impact on the estimated future cash flows of the financial asset have occurred. Loss allowance on financial assets measured at amortized cost is deducted from the carrying amount of the respective assets, while loss allowance on debt instruments at FVOCI is recognized in OCI, instead of reducing the carrying amount of the transferred assets. (d) Derecognition Financial assets The Group derecognizes a financial asset when: • the contractual rights to the cash flows from the financial asset expire; or • it transfers the rights to receive the contractual cash flows in a transaction in which either: • substantially all of the risks and rewards of ownership of the financial asset are transferred; or • the Group neither transfers nor retains substantially all of the risks and rewards of ownership and it does not retain control of the financial asset. The Group enters into transactions whereby it transfers assets recognized in its consolidated statement of financial position, but retains either all or substantially all of the risks and rewards of the transferred assets. In these cases, the transferred assets are not derecognized. Interest rate benchmark reform When the basis for determining the contractual cash flows of a financial asset or financial liability measured at amortized cost changed as a result of interest rate benchmark reform, the Group updated the effective interest rate of the financial asset or financial liability to reflect the change that is required by the reform. A change in the basis for determining the contractual cash flows is required by interest rate benchmark reform if the following conditions are met: • the change is necessary as a direct consequence of the reform; and • the new basis for determining the contractual cash flows is economically equivalent to the previous basis — i.e., the basis immediately before the change. When changes were made to a financial asset or financial liability in addition to changes to the basis for determining the contractual cash flows required by interest rate benchmark reform, the Group first updated the effective rate of the financial asset or financial liability to reflect the change that is required by interest rate benchmark reform. After that, the Group applied the policies on accounting for modifications to the additional changes. (e) Offsetting Financial assets and financial liabilities are offset, and the net amount is presented in the statement of financial position when the Group currently has a legally enforceable right to offset the recognized amounts and it intends either to settle on a net basis or to settle the liability and realize the asset simultaneously. A financial asset and a financial liability are offset only when the right to set off the amount is not contingent on future event and legally enforceable even on the event of default, insolvency or bankruptcy. (6) Derivative financial instruments, including hedge accounting Derivatives are initially recognized at fair value. Subsequent to initial recognition, derivatives are measured at fair value at the end of each reporting period, and changes therein are accounted for as described below. (a) Hedge accounting The Group holds forward exchange contracts, interest rate swaps, currency swaps and other derivative contracts to manage interest rate risk and foreign exchange risk. The Group designates derivatives as hedging instruments to hedge the variability in cash flow associated with highly probable forecasted transactions or firm commitments (a cash flow hedge). On initial designation of the hedge, the Group formally documents the relationship between the hedging instrument(s) and hedged item(s), including the risk management objectives and strategy in undertaking the hedge transaction, together with the methods that will be used to assess the effectiveness of the hedging relationship. Hedges directly affected by interest rate benchmark reform When uncertainty arises about the interest rate benchmark designated as a hedged risk and the timing or the amount of the interest rate benchmark-based For a cash flow hedge of a forecast transaction, the Group assumes that the benchmark interest rate will not be altered as a result of interest rate benchmark reform for the purpose of assessing whether the forecast transaction is highly probable and determining whether a previously designated forecast transaction in a discontinued cash flow hedge is still expected to occur. The Group will cease applying the specific policy for assessing the economic relationship between the hedged item and the hedging instrument • to a hedged item or hedging instrument when the uncertainty arising from interest rate benchmark reform is no longer present with respect to the timing and the amount of the interest rate benchmark-based • when the hedging relationship is discontinued. When the basis for determining the contractual cash flows of the hedged item or hedging instrument changes as a result of IBOR reform and therefore there is no longer uncertainty arising about the cash flows of the hedged item or the hedging instrument, the Group amends the hedge documentation of that hedging relationship to reflect the change(s) required by IBOR reform. The Group amends the formal hedge documentation by the end of the reporting period during which a change required by IBOR reform is made to the hedged risk, hedged item or hedging instrument. These amendments in the formal hedge documentation do not constitute the discontinuation of the hedging relationship or the designation of a new hedging relationship. If changes are made in addition to those changes required by interest rate benchmark reform to the financial asset or financial liability designated in a hedging relationship or to the designation of the hedging relationship, the Group determines whether those additional changes result in the discontinuation of hedging accounting. If the additional changes do not result in the discontinuation of hedging accounting, the Group amend the formal designation of the hedging relationship. When the interest rate benchmark on which the hedged future cash flows had been based is changed as required by IBOR reform, for the purpose of determining whether the hedged future cash flows are expected to occur, the Group deems that the hedging reserve recognized in OCI for that hedging relationship is based on the alternative benchmark rate on which the hedged future cash flows will be based. Cash flow hedge When a derivative is designated to hedge the variability in cash flows attributable to a particular risk associated with a recognized asset or liability or a highly probable forecasted transaction that could affect profit or loss, the effective portion of changes in the fair value of the derivative is recognized in other comprehensive income, net of tax, and presented in the hedging reserve in equity. Any ineffective portion of changes in the fair value of the derivative is recognized immediately in profit or loss. If the hedging instrument no longer meets the criteria for hedge accounting, expires or is sold, terminated, exercised, or the designation is revoked, then hedge accounting is discontinued prospectively. The cumulative gain or loss on the hedging instrument that has been recognized in other comprehensive income is reclassified to profit or loss in the periods during which the forecasted transaction occurs. If the forecasted transaction is no longer expected to occur, then the balance in other comprehensive income is recognized immediately in profit or loss. (b) Other derivative financial instruments Other derivative financial instrument not designated as a hedging instrument are measured at fair value, and the changes in fair value of the derivative financial instrument is recognized immediately in profit or loss. (7) Property and equipment Property and equipment are initially measured at cost. The cost of property and equipment includes expenditures arising directly from the construction or acquisition of the asset, any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management and the initial estimate of the costs of dismantling and removing the item and restoring the site on which it is located. Property and equipment, subsequently, are carried at cost less accumulated depreciation and accumulated impairment losses. Subsequent costs are recognized in the carrying amount of property and equipment at cost or, if appropriate, as a separate item if it is probable that future economic benefits associated with the item will flow to the Group and the cost of the item can be reliably measured. The carrying amount of the replaced part is derecognized. The costs of the day-to-day Property and equipment, except for land, are depreciated on a straight-line basis over estimated useful lives that appropriately reflect the pattern in which the asset’s future economic benefits are expected to be consumed. A component that is significant compared to the total cost of property and equipment is depreciated over its separate useful life. Gains and losses on disposal of an item of property and equipment are determined by comparing the proceeds from disposal with the carrying amount of property and equipment and are recognized as other operating The estimated useful lives of the Group’s property and equipment are as follows: Useful lives (years) Buildings and structures 15 ~ 40 Machinery 3 ~ 15, 30 Other property and equipment 3 ~10 Right-of-use 1 ~ 50 The Group reviews estimated residual values, expected useful lives, and depreciation methods annually at the end of each reporting date and adjusts, if appropriate. The change is accounted for as a change in an accounting estimate. (8) Borrowing costs The Group capitalizes borrowing costs directly attributable to the acquisition, construction or production of a qualifying asset as part of the cost of that asset. Other borrowing costs are recognized in expense as incurred. A qualifying asset is an asset that requires a substantial period of time to get ready for its intended use or sale. Financial assets are not qualifying assets, and assets that are ready for their intended use or sale when acquired are not qualifying assets either. To the extent that the Group borrows funds specifically for the purpose of obtaining a qualifying asset, the Group determines the amount of borrowing costs eligible for capitalization as the actual borrowing costs incurred on that borrowing during the period less any investment income on the temporary investment of those borrowings. To the extent that the Group borrows funds generally and uses them for the purpose of obtaining a qualifying asset, the Group determines the amount of borrowing costs eligible for capitalization by applying a capitalization rate to the expenditures on that asset. The capitalization rate is the weighted average of the borrowing costs applicable to the borrowings of the Group that are outstanding during the period other than borrowings made specifically for the purpose of obtaining a qualifying asset. The amount of borrowing costs that the Group capitalizes during a period do not exceed the amount of borrowing costs incurred during the period. (9) Intangible assets Intangible assets are measured initially at cost and, subsequently, are carried at cost less accumulated amortization and accumulated impairment losses , as applicable . Intangible assets, except for goodwill, are amortized on a straight-line basis over the estimated useful lives of intangible assets from the date that they are available for use. The residual value of intangible assets is zero. However, club memberships and brand are expected to be available for use as there are no foreseeable limits to the periods. These intangible assets are determined as having indefinite useful lives and, therefore, not amortized. The estimated useful lives of the Group’s intangible assets are as follows: Useful lives (years) Frequency usage rights 2.4 ~ 10 Land usage rights 5 Industrial rights 5, 10 Development costs 5 Facility usage rights 10, 20 Customer relations 3 ~ 15 Other 3 ~ 20 Amortization periods and the amortization methods for intangible assets with finite useful lives are reviewed at the end of each reporting period. The useful lives of intangible assets that are not being amortized are reviewed at the end of each reporting period to determine whether events and circumstances continue to support indefinite useful life assessments for those assets. Changes, if appropriate, are accounted for as changes in accounting estimates. Expenditures on research activities are recognized in profit or loss as incurred. Development expenditures are capitalized only if development costs can be reliably measured, the product or process is technically and commercially feasible, future economic benefits are probable, and the Group intends to and has sufficient resources to complete development and to use or sell the asset. Other development expenditures are recognized in profit or loss as incurred. Subsequent expenditures are capitalized only when they increase the future economic benefits embodied in the specific asset to which it relates. All other expenditures, including expenditures on internally generated goodwill and brands, are recognized in profit or loss as incurred. (10) Government grants Government grants are not recognized unless there is reasonable assurance that the Group will comply with the grant’s conditions and that the grant will be received. (a) Grants related to assets Government grants whose primary condition is that the Group purchases, constructs, or otherwise acquires a long-term asset are deducted in calculating the carrying amount of the asset. The grant is recognized in profit or loss over the life of a depreciable asset as a reduction to depreciation expense. (b) Grants related to income Government grants which are intended to compensate the Group for expenses incurred are deducted from the related expenses. (11) Investment property Investment properties are properties held to earn rent i ncome Subsequent expenditures are recognized in carrying amount of an asset or as a separate asset if it is probable that future economic benefits associated with the assets will flow into the Group and the cost of an asset can be measured reliably. The carrying amount of those parts that are replaced is derecognized. The costs associated with routine maintenance and repairs are recognized in profit or loss as incurred. Investment property, except for land, is depreciated on a straight-line basis over estimated useful lives of 30 years. In addition, right-of-use straight-line The depreciation method, estimated useful lives and residual values are reviewed at the end of each reporting date and adjusted, if appropriate. The change is accounted for as a change in an accounting estimate. (12) Impairment of non-financial The carrying amounts of the Group’s non-financial non-current The Group estimates the recoverable amount of an individual asset, and if it is impossible to measure the individual recoverable amount of an asset, the Group estimates the recoverable amount of cash-generating unit (“CGU”). A CGU is the smallest identifiable group of assets that generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. The recoverable amount of an asset or CGU is the greater of its value in use and its fair value less costs to sell. The value in use is estimated by applying a pre-tax An impairment loss is recognized in profit or loss to the extent the carrying amount of the asset exceeds its recoverable amount. Goodwill acquired in a business combination is allocated to each CGU that is expected to benefit from the synergy arising from the business acquired. Any impairment identified at the CGU level will first reduce the carrying amount of goodwill and then be used to reduce the carrying amount of the other assets in the CGU on a pro rata basis. Except for impairment losses in respect of goodwill which are never reversed, an impairment loss is reversed if there has been a change in the estimates used to determine the recoverable amount. An impairment loss is reversed only to the extent that the asset’s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized. (13) Leases A contract is or contains a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. (a) Group as a lessee At commencement or on modification of a contract that contains a lease component, the Group allocates the consideration in the contract to each lease component on the basis of its relative stand-alone prices. However, the Group has elected not to separate non-lease non-lease The Group recognizes a right-of-use right-of-use The right-of-use straight-line right-of-use right-of-use right-of-use The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Group’s incremental borrowing rate. Generally, the Group uses its incremental borrowing rate as the discount rate. The Group determines its incremental borrowing rate by obtaining interest rates from various external financing sources and makes certain adjustments to reflect the terms of the lease and type of the asset leased. Lease payments included in the measurement of the lease liability comprise the following: • fixed payments, including in-substance • variable lease payments that depend on an index or a rate, initially measured using the index or rate as at the commencement date; • amounts expected to be payable under a residual value guarantee; and • the exercise price under a purchase option that the Group is reasonably certain to exercise, lease payments in an optional renewal period if the Group is reasonably certain to exercise an extension option, and penalties for early termination of a lease unless the Group is reasonably certain not to terminate early. The lease liability is measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Group’s estimate of the amount expected to be payable under a residual value guarantee, if the Group changes its assessment of whether it will exercise a purchase, extension or termination option or if there is a revised in-substance When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use right-of-use The Group presents right-of-use The Group has elected not to recognize right-of-use low-value (b) Group as a lessor At inception or on modification of a contract that contains a lease component, the Group allocates the consideration in the contract to each lease component on the basis of their relative stand-alone prices. When the Group acts as a lessor, it determines at lease inception whether each lease is a finance lease or an operating lease. To classify each lease, the Group makes an overall assessment of whether the lease transfers substantially all of the risks and rewards incidental to ownership of the underlying asset. If this is the case, then the lease is a finance lease; if not, then it is an operating lease. As part of this assessment, the Group considers certain indicators such as whether the lease is for the major part of the economic life of the asset. When the Group is an intermediate lessor, is accounts for its interests in the head lease and the sub-lease sub-lease right-of-use sub-lease If an arrangement contains lease and non-lease The Group applies derecognition and impairment requirements in IFRS 9 to the net i |
Operating Segments
Operating Segments | 12 Months Ended |
Dec. 31, 2022 | |
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Operating Segments | 4. Operating Segments The Group’s operating segments have been identified to be each business unit, by which the Group provides different services and merchandise. The Group’s reportable segments include: cellular services, which include cellular voice service, wireless data service and wireless internet services; fixed-line telecommunication services, which include telephone services, internet services, and leased line services; and all other businesses, which include providing shopping channel and digital platform for selling products and other immaterial operations, each of which does not meet the quantitative threshold to be considered as a reportable segment and are presented collectively as others. (1) Segment information for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 Continuing operations Cellular services Fixed-line telecommunication services Others (*1) Sub-total Adjustments (*2) Total Total revenue ₩ 14,496,866 4,895,791 592,188 19,984,845 (2,679,872 ) 17,304,973 Inter-segment revenue 1,554,550 1,082,802 42,520 2,679,872 (2,679,872 ) — External revenue 12,942,316 3,812,989 549,668 17,304,973 — 17,304,973 Depreciation and amortization 2,738,547 981,838 22,730 3,743,115 (121,790 ) 3,621,325 Operating profit (loss) 1,334,306 311,210 (2,126 ) 1,643,390 (49,042 ) 1,594,348 Finance income and costs, net (276,489 ) Loss relating to investments in associates and joint ventures, net (81,707 ) Profit before income tax 1,236,152 (In millions of won) 2021 Continuing operations Discontinued operations Cellular services Fixed-line telecommunication services Others (*1) Sub-total Adjustments (*2) Total Total revenue ₩ 14,214,407 4,790,641 362,978 19,368,026 (2,619,441 ) 16,748,585 2,845,424 Inter-segment revenue 1,495,934 1,112,935 10,572 2,619,441 (2,619,441 ) — 462,341 External revenue 12,718,473 3,677,706 352,406 16,748,585 — 16,748,585 2,383,083 Depreciation and amortization 2,812,827 958,462 11,318 3,782,607 (110,052 ) 3,672,555 287,412 Operating profit (loss) 1,123,147 294,070 14,550 1,431,767 595 1,432,362 73,005 Finance income and costs, net (160,471 ) (222,406 ) Gain relating to investments in subsidiaries, associates and joint ventures, net 446,300 1,502,147 Profit before income tax 1,718,191 1,352,746 (In millions of won) 2020 Continuing operations Discontinued operations Cellular services Fixed-line telecommunication services Others (*1) Sub-total Adjustments (*2) Total Total revenue ₩ 13,853,274 4,467,863 317,065 18,638,202 (2,550,455 ) 16,087,747 3,015,563 Inter-segment revenue 1,505,311 1,035,645 9,499 2,550,455 (2,550,455 ) — 478,659 External revenue 12,347,963 3,432,218 307,566 16,087,747 — 16,087,747 2,536,904 Depreciation and amortization 2,892,460 874,562 10,675 3,777,697 (113,032 ) 3,664,665 326,417 Operating profit (loss) 1,031,887 258,973 645 1,291,505 (256,485 ) 1,035,020 69,614 Finance income and costs, net (182,258 ) (73,739 ) Gain relating to investments in subsidiaries, associates and joint ventures, net 52,456 975,947 Profit before income tax 905,218 971,822 (*1) The Parent Company carried out spin-off (*2) Adjustments for operating profit (loss) are the amount differences from operating profit (loss) included in CODM report which is based on Korean IFRS to operating profit (loss) under IFRS. The reconciliation of these amounts is included in note 4-(2). The Group has restated the previously reported segment information for the year ended December 31, 2020 to reflect reclassification of operating segments due to spin-off. (2) Reconciliation of total segment operating profit to consolidated operating profit from continuing operations for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Total segment operating profit (Before adjustments) ₩ 1,643,390 1,431,767 1,291,505 Adjustments(*1) (31,320 ) (44,605 ) (42,927 ) Total segment operating profit 1,612,070 1,387,162 1,248,578 Other operating income: Gain on disposal of property and equipment and intangible assets 15,985 39,136 34,625 Others(*2) 40,274 76,627 61,126 56,259 115,763 95,751 Other operating expenses: Impairment loss on property and equipment and intangible assets (17,027 ) (3,135 ) (200,705 ) Loss on disposal of property and equipment and intangible assets (20,465 ) (28,158 ) (25,633 ) Donations (13,125 ) (12,800 ) (16,051 ) Bad debt for accounts receivable — other (3,011 ) (3,995 ) (6,640 ) Others(*3) (20,353 ) (22,475 ) (60,280 ) (73,981 ) (70,563 ) (309,309 ) Consolidated operating profit from continuing operations ₩ 1,594,348 1,432,362 1,035,020 (*1) Adjustments for operating profit included the amount due to the consolidation adjustments, such as internal transactions. (*2) Others for the year ended December 31, 2020 includes ₩12 billion of gain on business transfer and various other income with inconsequential amounts. (*3) Others for the years ended December 31, 2022, 2021 and 2020 include ₩6.1 billion, ₩17.0 billion and ₩51.2 billion of penalties, respectively, and various other expenses with inconsequential amounts. Domestic revenue for the years ended December 31, 2022, 2021 and 2020 amounts to ₩17,302 billion, ₩16,734 billion and ₩16,072 billion, respectively. Domestic non-current non-current No single customer contributed 10% or more to the Group’s total revenue for the years ended December 31, 2022, 2021 and 2020. The Group principally operates its businesses in Korea and the revenue amounts earned outside of Korea are immaterial. Therefore, no entity-wide geographical information is presented. (3) Disaggregation of operating revenues considering the economic factors that affect the amounts, timing and uncertainty of the Group’s revenue and future cash flows is as follows: (In millions of won) 2022 2021 2020 Goods and Services transferred at a point in time: Cellular revenue Goods(*1) ₩ 969,025 959,932 983,431 Fixed-line telecommunication revenue Goods 66,477 105,340 90,692 Other revenue Others(*2) 464,805 328,328 284,221 1,500,307 1,393,600 1,358,344 Goods and Services transferred over time: Cellular revenue Wireless service(*3) 10,253,217 10,100,368 9,806,719 Cellular interconnection 471,163 493,820 472,215 Other(*4) 1,248,911 1,164,353 1,085,598 Fixed-line telecommunication revenue Fixed-line service 156,662 217,000 230,401 Cellular interconnection 21,209 69,769 83,762 Internet Protocol Television(*5) 1,816,130 1,786,765 1,606,740 International calls 180,689 162,379 160,293 Internet service and miscellaneous(*6) 1,571,822 1,336,453 1,260,330 Other revenue Miscellaneous 84,863 24,078 23,345 15,804,666 15,354,985 14,729,403 Continuing operations 17,304,973 16,748,585 16,087,747 Discontinued operations — 2,383,083 2,536,904 ₩ 17,304,973 19,131,668 18,624,651 (*1) Cellular revenue includes revenue from sales of handsets and other electronic accessories. (*2) Miscellaneous other revenue includes revenue from considerations received for the product sales-type data broadcasting channel use and sales of goods through data broadcasting. (*3) Wireless service includes revenue from wireless voice and data transmission services principally derived from usage charges to wireless subscribers. (*4) Other revenue includes revenue from billing and collection services as well as other miscellaneous services. (*5) Internet Protocol Television (“IPTV”) service revenue includes revenue from IPTV services principally derived from usage charges to IPTV subscribers. (*6) Internet service includes revenue from the high speed broadband internet service principally derived from usage charges to subscribers as well as other miscellaneous services. |
Restricted Deposits
Restricted Deposits | 12 Months Ended |
Dec. 31, 2022 | |
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Restricted Deposits | 5. Deposits with Restrictions on Use Deposits which are restricted in use as of December 31, 2022 and 2021 are summarized as follows: (In millions of won) December 31, 2022 December 31, 2021 Cash and cash equivalents(*) ₩ 43 — Short-term financial instruments (*) 79,514 79,500 Long-term financial instruments (*) 375 372 ₩ 79,932 79,872 (*) Includes the followings: i) deposits restricted in use due to the court’s order for seizure and collection of bonds; and ii) charitable trust fund established by the Group, profits from which shall be donated to charitable institutions. As of December 31, 2022, such deposits and funds cannot be withdrawn before maturity. |
Trade and Other Receivables
Trade and Other Receivables | 12 Months Ended |
Dec. 31, 2022 | |
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Trade and Other Receivables | 6. Trade and Other Receivables (1) Details of trade and other receivables as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Gross amount Loss allowance Carrying amount Current assets: Accounts receivable — trade ₩ 2,205,530 (234,919 ) 1,970,611 Short-term loans 79,298 (708 ) 78,590 Accounts receivable — other(*) 522,091 (42,310 ) 479,781 Accrued income 1,732 — 1,732 Guarantee deposits (Other current assets) 113,204 — 113,204 2,921,855 (277,937 ) 2,643,918 Non-current Long-term loans 71,857 (44,884 ) 26,973 Long-term accounts receivable — other(*) 375,829 (1,878 ) 373,951 Guarantee deposits 167,741 (300 ) 167,441 Long-term accounts receivable — trade (Other non-current 14,165 (4 ) 14,161 629,592 (47,066 ) 582,526 ₩ 3,551,447 (325,003 ) 3,226,444 (*) Gross and carrying amounts of accounts receivable – other as of December 31, 2022 include ₩332,669 million of financial instruments classified as FVTPL. (In millions of won) December 31, 2021 Gross amount Loss allowance Carrying amount Current assets: Accounts receivable — trade ₩ 2,152,358 (238,847 ) 1,913,511 Short-term loans 71,750 (933 ) 70,817 Accounts receivable — other(*) 593,109 (44,747 ) 548,362 Accrued income 762 — 762 Guarantee deposits (Other current assets) 92,046 — 92,046 2,910,025 (284,527 ) 2,625,498 Non-current Long-term loans 66,431 (44,452 ) 21,979 Long-term accounts receivable — other(*) 277,116 (1,878 ) 275,238 Guarantee deposits 186,713 — 186,713 Long-term accounts receivable — trade (Other non-current 8,140 (34 ) 8,106 538,400 (46,364 ) 492,036 ₩ 3,448,425 (330,891 ) 3,117,534 (*) Gross and carrying amounts of accounts receivable — other as of December 31, 2021 include ₩459,959 million of financial instruments classified as FVTPL. (2) Changes in the loss allowance on accounts receivable — trade measured at amortized costs for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) Beginning balance Impairment Write-offs (*2) Collection of receivables previously written-off Business combination Spin-off Ending balance 2022 ₩ 238,881 27,053 (42,296 ) 11,282 3 — 234,923 2021(*1) ₩ 264,498 31,546 (65,852 ) 14,565 878 (6,754 ) 238,881 (*1) Includes amounts related to discontinued operations. (*2) The Group writes off the trade and other receivables that are determined to be uncollectable due to reasons such as termination of operations or bankruptcy. (3) The Group applies the practical expedient that allows the Group to estimate the loss allowance for accounts receivable — trade at an amount equal to the lifetime expected credit losses. The expected credit losses include the forward-looking information. To make the assessment, the Group uses its historical credit loss experience over the past three years and classifies the accounts receivable — trade by their credit risk characteristics and days overdue. Details of loss allowance on accounts receivable — trade as of December 31, 2022 are as follows: (In millions of won) Less than 6 months 6 months ~ 1 year 1 ~ 3 years More than 3 years Telecommunications service revenue Expected credit loss rate 2.24 % 76.22 % 85.59 % 93.00 % Gross amount ₩ 1,408,471 47,412 126,479 20,100 Loss allowance 31,500 36,139 108,249 18,693 Other revenue Expected credit loss rate 2.92 % 50.75 % 69.89 % 97.02 % Gross amount ₩ 589,484 3,464 8,606 15,679 Loss allowance 17,357 1,758 6,015 15,212 As the Group is a wireless and fixed-line telecommunications service provider, the Group’s financial assets measured at amortized cost primarily consist of receivables from numerous individual customers, and, therefore, no significant credit concentration risk arises. Receivables related to other revenue mainly consist of receivables from corporate customers. The Group transacts only with corporate customers with credit ratings that are considered to be low at credit risk. In addition, the Group is not exposed to significant credit concentration risk as the Group regularly assesses their credit risk by monitoring their credit rating. While the contract assets are under the impairment requirements, no significant credit risk has been identified. |
Prepaid expenses
Prepaid expenses | 12 Months Ended |
Dec. 31, 2022 | |
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Prepaid expenses | 7. Prepaid expenses The Group pays commissions to its retail stores and authorized dealers, primarily for wireless and fixed-line telecommunication services. The Group capitalized certain costs associated with commissions paid to retail stores and authorized dealers to obtain new and retained customer contracts as prepaid expenses. These prepaid expenses are amortized on a straight-line basis over the periods that the Group expects to maintain its customers. (1) Details of prepaid expenses as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Current assets: Incremental costs of obtaining contracts ₩ 1,888,182 1,886,680 Others 86,133 100,823 ₩ 1,974,315 1,987,503 Non-current Incremental costs of obtaining contracts ₩ 996,180 977,236 Others 77,242 91,912 ₩ 1,073,422 1,069,148 (2) Incremental costs of obtaining contracts The amortization in connection with incremental costs of obtaining contracts recognized for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021(*) 2020(*) Amortization recognized ₩ 2,485,593 2,634,134 2,418,947 (*) Includes amounts related to discontinued operations. |
Contract Assets and Liabilities
Contract Assets and Liabilities | 12 Months Ended |
Dec. 31, 2022 | |
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Contract Assets and Liabilities | 8. Contract Assets and Liabilities In case of providing both wireless telecommunication services and sales of handsets, the Group allocated the consideration based on relative stand-alone selling prices and recognized unbilled receivables from handset sales as contract assets. The Group recognized receipts in advance for prepaid telecommunications services and unearned revenue for customer loyalty programs as contract liabilities. (1) Details of contract assets and liabilities as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Contract assets: Allocation of consideration between performance obligations ₩ 132,221 118,278 Contract liabilities: Wireless service contracts 18,544 18,397 Customer loyalty programs 7,706 12,699 Fixed-line service contracts 136,880 118,525 Others 70,792 53,346 ₩ 233,922 202,967 (2) The amount of revenue recognized for the years ended December 31, 2022 and 2021 related to the contract liabilities carried forward from the prior periods are ₩109,867 million and ₩185,515 million, respectively and are included in amounts of revenue related to discontinued operations for the year ended December 31, 2021. Details of revenue expected to be recognized from contract liabilities as of December 31, 2022 are as follows: (In millions of won) Less than 1 year 1 ~ 2 years More than 2 years Total Wireless service contracts ₩ 18,544 — — 18,544 Customer loyalty programs 6,141 1,048 517 7,706 Fixed-line service contracts 88,051 14,198 34,631 136,880 Others 59,612 10,935 245 70,792 ₩ 172,348 26,181 35,393 233,922 |
Inventories
Inventories | 12 Months Ended |
Dec. 31, 2022 | |
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Inventories | 9. Inventories (1) Details of inventories as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Acquisition Write- Carrying Acquisition Write- Carrying Merchandise ₩ 156,919 (5,616 ) 151,303 204,545 (3,419 ) 201,126 Supplies 15,052 — 15,052 3,511 — 3,511 ₩ 171,971 (5,616 ) 166,355 208,056 (3,419 ) 204,637 (2) The amount of the inventory write-downs and write-off (In millions of won) 2022 2021(*) 2020(*) Charged to cost of products that have been resold ₩ 2,297 (3,287 ) (1,560 ) Write-off (756 ) (347 ) (3,312 ) (*) Includes amounts related to discontinued operations. There are no significant reversals of inventory write-downs for the periods presented. (3) Inventories recognized as operating expenses for the years ended December 31, 2022, 2021, and 2020 are ₩1,266,271 million, ₩1,417,339 million, and ₩1,385,016 million, respectively, which are included in the cost of goods sold. Those amounts include profit or loss from discontinued operations. |
Investment Securities
Investment Securities | 12 Months Ended |
Dec. 31, 2022 | |
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Investment Securities | 10. Investment Securities (1) Details of short-term investment securities as of December 31, 2022 and 2021 are as follows: (In millions of won) Category December 31, December 31, Beneficiary certificates FVTPL ₩ — 5,010 (2) Details of long-term investment securities as of December 31, 2022 and 2021 are as follows: (In millions of won) Category December 31, December 31, Equity instruments FVOCI(*) ₩ 1,189,597 1,510,428 FVTPL 44,440 57,830 1,234,037 1,568,258 Debt instruments FVOCI — 1,177 FVTPL 176,699 145,643 176,699 146,820 ₩ 1,410,736 1,715,078 (*) The Group designated investments in equity instruments that are not held for trading as financial assets at FVOCI, the amounts to those FVOCI as of December 31, 2022 and 2021 are ₩1,189,597 million and ₩1,510,428 million, respectively. |
Business Combinations
Business Combinations | 12 Months Ended |
Dec. 31, 2022 | |
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Business Combinations | 11. Business Combinations (1) 2022 1) Acquisition of SK m&service Co., Ltd. by PS&Marketing Corporation: PS&Marketing Corporation obtained control over SK m&service Co., Ltd. by acquiring its 3,099,112 shares (100%) for the year ended December 31, 2022. As this transaction is a business combination under common control, the assets acquired and liabilities assumed were recognized at the carrying amounts in the ultimate controlling entity’s consolidated financial statements, and the difference between the consideration transferred and the carrying amounts of net assets was recognized as capital surplus and others. Subsequent to the acquisition of control, SK m&service Co., Ltd. recognized ₩211,081 million of revenue and ₩4,157 million of net profit. Meanwhile, assuming that business combination occurred as of January 1, 2022, the Group would have recognized ₩250,108 million of revenue and ₩4,695 million of net profit. (i) Summary of the acquiree Information of acquiree Corporate name SK m&service Co., Ltd. Location 16 th Supyo-ro, Jung-gu, CEO Park, Jeong-Min Industry Database and internet website service (ii) Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 72,859 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 10,547 Accounts receivable — trade and other, net 76,035 Inventories, net 3,349 Property and equipment, net 27,138 Intangible assets, net 12,462 Goodwill 2,516 Other assets 10,394 Accounts payable — trade and other (53,894 ) Income tax payable (399 ) Lease liabilities (6,503 ) Provisions (991 ) Defined benefit liabilities (2,739 ) Other liabilities (18,337 ) 59,578 III. Capital surplus and others(I - II) ₩ 13,281 (2) 2021 1) Merger of ADT CAPS Co., Ltd. by SK Shieldus Co., Ltd.(Formerly, ADT CAPS Co, Ltd., at the time of merger, SK Infosec Co., Ltd.): On March 4, 2021, SK Infosec Co., Ltd. merged with ADT CAPS Co., Ltd., a subsidiary of SK Infosec Co., Ltd., to improve management efficiency. As this transaction is a business combination under common control, the acquired assets and liabilities were recognized at the carrying amounts in the ultimate controlling entity’s consolidated financial statements and there is no effect on the assets and liabilities of the consolidated financial statements. After the date of the merger, SK Infosec Co., Ltd. changed its name to ADT CAPS Co., Ltd. and then again, in October 2021, ADT CAPS Co., Ltd. changed its name to SK Shieldus Co., Ltd. Identifiable assets acquired and liabilities assumed were transferred to the spin-off 2) Acquisition of Studio Dolphin Co., Ltd. by Dreamus Company: Dreamus Company obtained control by acquiring 10,000 shares(100%) of Studio Dolphin Co., Ltd. for the year ended December 31, 2021. The consideration transferred was ₩1,500 million in cash and the difference between the fair value of net assets acquired and the consideration transferred amounting to ₩1,465 million was recognized as goodwill. Subsequent to the acquisition of control, Studio Dolphin Co., Ltd. recognized revenue of ₩245 million and net loss of ₩304 million and the amounts are included in profit or loss from discontinued operations. Identifiable assets acquired, liabilities assumed and goodwill were transferred to spin-off (i) Summary of the acquiree Information of acquiree Corporate name Studio Dolphin Co., Ltd. Location 3 rd Jandari-ro 7an-gil, Mapo-gu, CEO Kim, Dong-Hee Industry Music and sound recording business (ii) Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 1,500 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 20 Accounts receivable — trade and other 31 Other assets 7 Accounts payable — trade and other (4 ) Short-term borrowings (2 ) Other liabilities (17 ) 35 III. Goodwill(I - II) ₩ 1,465 3) Acquisition of YLP Inc. by Tmap Mobility Co., Ltd.: Tmap Mobility Co., Ltd. obtained control by acquiring 168,012 shares(100%) of YLP Inc. during the year ended December 31, 2021. The consideration transferred was ₩79,000 million, among which ₩55,598 million was paid in cash to acquire 118,242 shares(70.4%) and on June 29, 2021, Tmap Mobility Co., Ltd. issued 267,700 of its new common shares (with a fair value of ₩23,402 million) to the shareholders of YLP Inc. in exchange for the remaining 49,770 shares(29.6%) owned by those shareholders. The difference between the fair value of net assets acquired and the consideration transferred amounting to ₩69,516 million was recognized as goodwill. Subsequent to the acquisition of control, YLP Inc. recognized revenue of ₩20,488 million and net loss of ₩1,632 million and the amounts are included in profit or loss from discontinued operations. Identifiable assets acquired, liabilities assumed and goodwill were transferred to spin-off (i) Summary of the acquiree Information of acquiree Corporate name YLP Inc. Location 1740, Cheongwon-ro, Pyeongtaek-si, Gyeonggi-do, CEO Lee, Hyeok-Ju Industry Freight forwarders and cargo agents (ii) Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 55,598 Fair value of shares of Tmap Mobility Co., Ltd. 23,402 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 1,897 Financial instruments 4,000 Accounts receivable — trade and other, net 4,480 Property and equipment, net 431 Intangible assets, net 3,595 Other assets 325 Borrowings (1,000 ) Accounts payable — trade and other (3,542 ) Lease liabilities (327 ) Other liabilities (48 ) Deferred tax liabilities (327 ) 9,484 III. Goodwill(I - II) ₩ 69,516 4) Acquisition of Rokmedia Co., Ltd. by Onestore Co., Ltd.: Onestore Co., Ltd. obtained control by acquiring 60,000 shares(100%) of Rokmedia Co., Ltd. for the year ended December 31, 2021. The consideration transferred was ₩40,000 million in cash and the difference between the fair value of net assets acquired and the consideration transferred amounting to ₩33,641 million was recognized as goodwill. Subsequent to the acquisition of control, Rokmedia Co., Ltd. recognized revenue of ₩10,915 million and net profit of ₩1,066 million and the amounts are included in profit or loss from discontinued operation. Identifiable assets acquired, liabilities assumed and goodwill were transferred to spin-off (i) Summary of the acquiree Information of acquiree Corporate name Rokmedia Co., Ltd. Location 3 rd Seongam-ro, Mapo-gu, CEO Kang, Jun-Gyu Jeong-Su Industry Publishing and telecommunications retail business (ii) Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 40,000 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 719 Financial instruments 2,170 Accounts receivable — trade and other, net 1,374 Inventories 933 Other assets 3,212 Short-term loans, net 30 Property and equipment, net 792 Intangible assets, net 2,677 Accounts payable — trade and other (1,885 ) Contract liabilities (1,401 ) Borrowings (1,485 ) Provisions (385 ) Lease liabilities (56 ) Other liabilities (111 ) Deferred tax liabilities (135 ) Income tax payable (90 ) 6,359 III. Goodwill(I - II) ₩ 33,641 5) Acquisition of GOOD SERVICE Co., Ltd. by Tmap Mobility Co., Ltd.: Tmap Mobility Co., Ltd. obtained control by acquiring 2,000 shares (100%) of GOOD SERVICE Co., Ltd. for the year ended December 31, 2021. The consideration transferred was ₩10,000 million in cash and the difference between the fair value of net assets acquired and the consideration transferred amounting to ₩4,844 million was recognized as goodwill. Subsequent to the acquisition of control, GOOD SERVICE Co., Ltd. recognized revenue of ₩1,063 million and net profit of ₩621 million and the amounts are included in profit or loss from discontinued operations. Identifiable assets acquired, liabilities assumed and goodwill were transferred to spin-off (i) Summary of the acquiree Information of acquiree Corporate name GOOD SERVICE Co., Ltd. Location 4 th Daeheung-ro, Mapo-gu, CEO Kim, Seung-Wook Industry Surrogate driving service business and related business (ii) Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 10,000 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 1,328 Financial instruments 116 Accounts receivable — trade and other, net 1,881 Property and equipment, net 116 Intangible assets, net 3,492 Accounts payable — trade and other (883 ) Other liabilities (85 ) Deferred tax liabilities (696 ) Lease liabilities (113 ) 5,156 III. Goodwill(I - II) ₩ 4,844 (3) 2020 1) Merger of Tbroad Co., Ltd. and two other companies by SK Broadband Co., Ltd.: On April 30, 2020, SK Broadband Co., Ltd., a subsidiary of the Parent Company, merged with Tbroad Co., Ltd., Tbroad Dongdaemun Broadcasting Co., Ltd. and Korea Digital Cable Media Center Co., Ltd. in order to strengthen the competitiveness and enhance the synergy as a comprehensive media company. The considerations transferred included shares of SK Broadband Co., Ltd. transferred based on the merger ratio and the obligations and rights pursuant to the shareholders’ agreement between the Parent Company and the acquiree’s shareholders, both measured at fair value as of April 30, 2020. The Group recognized the difference between the fair value of net assets acquired and the consideration transferred amounting to ₩405,639 million as goodwill. The Group’s consolidated revenue and profit for the year would have been ₩16,294,243 million and ₩1,516,857 million, respectively, if the acquisition has occurred on January 1, 2020. The Group cannot reasonably identify the acquiree’s revenue and profit for the year included in the consolidated statement of income, as the business of Tbroad Co., Ltd. and the other two companies were merged with the Group’s subsidiary, SK Broadband Co., Ltd., and no separate financial information post acquisition is available. Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Fair value of shares of SK Broadband Co., Ltd. ₩ 862,147 Fair value of derivative liability(*1) 320,984 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 110,644 Short-term financial instruments 6 Accounts receivable — trade and other 66,241 Prepaid expenses 36,324 Contract assets 14,033 Long-term investment securities 6,239 Investments in associates and joint ventures 13,637 Property and equipment, net 245,654 Intangible assets, net(*2) 423,515 Other assets 3,261 Deferred tax assets 1,296 Accounts payable — trade and other (105,179 ) Contract liabilities (1,674 ) Income tax payable (18,065 ) Provisions (2,755 ) Defined benefit liabilities (30 ) Other liabilities (15,655 ) 777,492 III. Goodwill(I - II) ₩ 405,639 (*1) The Parent Company has recognized fair value of obligations and rights in connection with the shareholders’ agreement with the acquiree’s shareholders as consideration for the business combination. (See note 22) (*2) Identifiable intangible assets recognized by the Group in the business combination included customer relationships measured at fair value on the acquisition date of ₩374,019 million. Fair value of the customer relationship was estimated based on the multi-period excess earnings method (“MPEEM”). MPEEM is a valuation technique under income approach which estimates fair value by discounting the expected future excess earnings attributable to an intangible asset using risk adjusted discount rate. The following table shows the details of valuation technique used in measuring fair values as well as the significant unobservable inputs used. Type Valuation Significant unobservable inputs Interrelationship between key unobservable fair value measurement Customer relationships MPEEM • Estimated revenue per user • Future churn rates • Weighted average cost of capital (“WACC”) (7.7% for Tbroad Co., Ltd. and 8.3% for Tbroad Dongdaemun Broadcasting Co., Ltd.) • The fair value of customer relationship will increase if expected revenue per subscriber increases and customer churn rate in the future and WACC decrease. • The fair value of customer relationship will decrease if expected revenue per subscriber decreases and customer churn rate in the future and WACC increase. 2) Acquisition of Broadband Nowon Co.,Ltd. by the Parent Company: The Parent Company has obtained control by acquiring 627,000 shares(55%) of Tbroad Nowon Broadcasting Co., Ltd., and Tbroad Nowon Broadcasting Co., Ltd. changed its name to Broadband Nowon Co., Ltd. for the year ended December 31, 2020. The consideration transferred was ₩10,421 million in cash and the difference between the fair value of net assets acquired and the consideration transferred amounting to ₩733 million was recognized as other operating (i) Summary of the acquiree Information of acquiree Corporate name Broadband Nowon Co., Ltd. Location 21, 81gil, Dobong-ro, Gangbuk-gu, CEO Yoo, Chang-Wan Industry Cable broadcasting services (ii) Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 10,421 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 18,106 Accounts receivable — trade and other 1,122 Property and equipment, net 1,784 Intangible assets, net 360 Other assets 595 Accounts payable — trade and other (1,351 ) Other liabilities (336 ) 20,280 III. Non-controlling 9,126 IV. Gain on bargain purchase(I - II+III) ₩ (733 ) 3) Acquisition of security equipment construction and security services business of SK hystec inc. by ADT CAPS Co., Ltd. ADT CAPS Co., Ltd., a subsidiary of the Parent Company before spin-off, Identifiable assets acquired, liabilities assumed and goodwill were transferred to spin-off Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 8,047 II. Fair value of identifiable assets acquired and liabilities assumed: Accounts receivable — trade and other 6,787 Property and equipment, net 363 Intangible assets, net 6,460 Other assets 4 Accounts payable — trade and other (5,306 ) Defined benefit liabilities (1,227 ) Deferred tax liabilities (1,554 ) Other liabilities (372 ) 5,155 III. Goodwill (I - II) ₩ 2,892 4) Merger of Life & S ecur SK Infosec Co., Ltd., a subsidiary of the Parent Company before spin-off, |
Investments in Associates and J
Investments in Associates and Joint Ventures | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Investments in Associates and Joint Ventures | 12. Investments in Associates and Joint Ventures (1) Investments in associates and joint ventures accounted for using the equity method as of December 31, 2022 and 2021 are as follows: December 31, 2022 December 31, 2021 (In millions of won) Country Ownership (%) Carrying Ownership Carrying Investments in associates: SK China Company Ltd. China 27.3 ₩ 879,527 27.3 ₩ 793,754 Korea IT Fund(*1) Korea 63.3 324,860 63.3 339,976 HanaCard Co., Ltd.(*2) Korea — — 15.0 349,866 UniSK China 49.0 20,839 49.0 19,156 SK Technology Innovation Company Cayman 49.0 69,375 49.0 86,301 SK MENA Investment B.V. Netherlands 32.1 14,296 32.1 15,343 SK Latin America Investment S.A. Spain 32.1 11,961 32.1 14,004 SK South East Asia Investment Pte. Ltd. Singapore 20.0 357,537 20.0 348,782 Pacific Telecom Inc.(*3) USA 15.0 48,542 15.0 43,789 SM. Culture & Contents Co., Ltd. Korea 23.1 59,611 23.1 60,261 Digital Games International Pte. Ltd.(*4) Singapore — — 33.3 2,208 Invites Healthcare Co., Ltd.(*5) Korea 31.1 — 27.1 26,474 Nam Incheon Broadcasting Co., Ltd. Korea 27.3 13,575 27.3 12,525 Home Choice Corp.(*3) Korea 17.8 4,456 17.8 3,052 Konan Technology Inc. Korea 20.8 8,366 26.5 3,639 CMES Inc.(*3,6) Korea 7.7 900 — — 12CM JAPAN and others(*3,7) — — 69,734 — 68,966 1,883,579 2,188,096 Investments in joint ventures: Finnq Co., Ltd.(*8) Korea — — 49.0 7,255 UTC Kakao-SK Korea 48.2 5,710 48.2 2,000 5,710 9,255 ₩ 1,889,289 ₩ 2,197,351 (1) Investments in associates and joint ventures accounted for using the equity method as of December 31, 2022 and 2021 are as follows, Continued: (*1) Investment in Korea IT Fund was classified as investment in associates as the Group does not have control over the investee under the contractual agreement with other shareholders. (*2) The Group disposed the entire shares of HanaCard Co., Ltd. to Hana Financial Group Inc. for ₩330,032 million in cash and recognized ₩48,693 million of loss on disposal of investments in associates for the year ended December 31, 2022. (*3) Although the Group holds less than 20% of equity interests in these investees, investments in such investees were classified as investments in associates as the Group can exercise significant influence through its right to appoint the members of the Board of Directors. (*4) The Group disposed the entire shares of Digital Games International Pte. Ltd. and recognized ₩1,462 million of gain on disposal of investments in associates for the year ended December 31, 2022. (*5) The Group recognized the carrying amount of investments in Invites Healthcare Co., Ltd. in entirety as an impairment loss for the year ended December 31, 2022. (*6) As the Group obtained significant influence over the investee, ₩900 million of financial assets at FVOCI are reclassified to investments in associates for the year ended December 31, 2022. (*7) The Group additionally contributed ₩2,000 million in cash to Smart SKT Infinitum Game Fund for the year ended December 31, 2022. In addition, the Group disposed the shares of Start-up Win-Win non-current (*8) The Group disposed the entire shares of Finnq Co., Ltd. to Hana Financial Group Inc. for ₩5,733 million in cash and recognized ₩1,043 million of gain on disposal of investments in joint ventures for the year ended December 31, 2022. (*9) The Group additionally contributed ₩4,000 million in cash to the investee for the year ended December 31, 2022, but there is no change in the ownership interest. As the Group has a joint control over the investee pursuant to the agreement with the other shareholders, the investment in the investee was classified as investments in joint ventures. (2) The market value of investments in listed associates as of December 31, 2022 and 2021 are as follows: (In millions of won, except for share data) December 31, 2022 December 31, 2021 Market price (in won) Number of Market value Market price per share (in won) Number of Market value SM.Culture & Contents Co.,Ltd. 2,960 22,033,898 65,220 4,485 22,033,898 98,822 Konan Technology Inc. 28,250 1,179,580 33,323 — — — (3) The condensed financial information of significant associates as of and for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) Korea IT Fund SK China Company SK South East Asia As of December 31, 2022 Current assets ₩ 98,132 1,223,426 146,589 Non-current 414,804 2,050,001 3,034,335 Current liabilities — 76,654 488,132 Non-current — 276,525 — 2022 Revenue ₩ 19,916 62,334 72,658 Profit (loss) for the year 7,505 (11,681 ) (17,504 ) Other comprehensive income (loss) (11,779 ) 58,034 (34,220 ) Total comprehensive income (loss) (4,274 ) 46,353 (51,724 ) (In millions of won) HanaCard Co., Ltd.(*) Korea IT Fund SK China Company SK South East Asia As of December 31, 2021 Current assets ₩ 9,130,044 117,172 1,124,219 133,110 Non-current 465,333 419,632 1,849,102 2,853,184 Current liabilities 1,281,783 — 53,199 412,962 Non-current 6,284,587 — 316,470 — 2021 Revenue ₩ 1,270,568 58,741 80,241 9,945 Profit (loss) for the year 250,484 50,107 933,475 (188,678 ) Other comprehensive income (loss) 909 (6,847 ) 326,661 304,700 Total comprehensive income 251,393 43,260 1,260,136 116,022 (In millions of won) SK hynix HanaCard Co., Ltd.(*) Korea IT SK China SK South East Asia As of December 31, 2020 Current assets ₩ 16,570,953 7,910,517 107,652 380,413 797,045 Non-current 54,602,900 298,438 402,812 1,706,634 1,672,412 Current liabilities 9,072,360 897,594 — 51,025 67 Non-current 10,192,396 5,531,968 — 308,606 — 2020 Revenue ₩ 31,900,418 1,231,815 52,330 107,791 — Profit (loss) for the year 4,758,914 154,521 36,615 20,369 (158,680 ) Other comprehensive income (loss) (107,378 ) (4,283 ) 9,647 42,921 (390,851 ) Total comprehensive income (loss) 4,651,536 150,238 46,262 63,290 (549,531 ) (*) The financial information of SK hynix Inc., HanaCard Co., Ltd., SK China Company Ltd. and SK South East Asia Investment Pte. Ltd. are consolidated financial information. (4) There are no significant joint ventures as of December 31, 2022 and 2021, the condensed financial information of significant joint ventures as of and for the years ended December 31, 2020 are as follows: (In millions of won) Dogus Planet, Inc. Finnq Co., Ltd. As of December 31, 2020 Current assets ₩ 55,951 26,781 Cash and cash equivalents 9,083 23,936 Non-current 30,408 8,530 Current liabilities 46,186 7,367 Accounts payable, other payables and provisions 28,145 5,094 Non-current 10,031 879 2020 Revenue ₩ 177,084 3,937 Depreciation and amortization (4,642 ) (4,417 ) Interest income 1,878 29 Interest expense (555 ) (51 ) Profit (loss) for the year 7,030 (19,426 ) Total comprehensive loss (1,659 ) (19,426 ) (5) Reconciliations of financial information of significant associates to carrying amounts of investments in associates in the consolidated financial statements as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Net assets Ownership Net assets Cost-book Carrying Korea IT Fund ₩ 512,936 63.3 324,860 — 324,860 SK China Company Ltd.(*) 2,920,248 27.3 796,387 83,140 879,527 SK South East Asia Investment Pte. Ltd.(*) 1,787,685 20.0 357,537 — 357,537 (In millions of won) December 31, 2021 Net assets Ownership Net assets Cost-book Carrying HanaCard Co., Ltd. ₩ 2,029,007 15.0 304,351 45,515 349,866 Korea IT Fund 536,804 63.3 339,976 — 339,976 SK China Company Ltd.(*) 2,603,336 27.3 709,961 83,793 793,754 SK South East Asia Investment Pte. Ltd.(*) 1,743,908 20.0 348,782 — 348,782 (*) Net assets of these entities represent net assets excluding those attributable to their non-controlling (6) Details of the changes in investments in associates and joint ventures accounted for using the equity method for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 Beginning Acquisition Share of (loss) Other compre- income Other (decrease) Ending Investments in associates: SK China Company Ltd. ₩ 793,754 — (19,395 ) 105,168 — 879,527 Korea IT Fund(*1) 339,976 — 4,753 (7,459 ) (12,410 ) 324,860 HanaCard Co., Ltd. 349,866 (368,389 ) 17,749 774 — — UniSK 19,156 — 2,424 (741 ) — 20,839 SK Technology Innovation Company 86,301 — (22,923 ) 5,997 — 69,375 SK MENA Investment B.V. 15,343 — (2,059 ) 1,012 — 14,296 SK Latin America Investment S.A. 14,004 — (2,083 ) 40 — 11,961 SK South East Asia Investment Pte. Ltd. 348,782 — (6,975 ) 15,730 — 357,537 Pacific Telecom Inc. 43,789 — 2,890 1,863 — 48,542 SM. Culture & Contents Co., Ltd. 60,261 37 (756 ) 69 — 59,611 Digital Games International Pte. Ltd. 2,208 (1,757 ) (562 ) 111 — — Invites Healthcare Co., Ltd.(*2) 26,474 — (11,759 ) (74 ) (14,641 ) — Nam Incheon Broadcasting Co., Ltd.(*1) 12,525 — 1,186 — (136 ) 13,575 Home Choice Corp. 3,052 — 1,403 1 — 4,456 Konan Technology Inc. 3,639 5,451 (710 ) (14 ) — 8,366 CMES Inc.(*3) — — — — 900 900 12CM JAPAN and others(*4) 68,966 1,873 1,245 — (2,350 ) 69,734 2,188,096 (362,785 ) (35,572 ) 122,477 (28,637 ) 1,883,579 Investments in joint ventures: Finnq Co., Ltd. 7,255 (3,840 ) (3,617 ) 202 — — UTC Kakao-SK 2,000 4,000 (290 ) — — 5,710 9,255 160 (3,907 ) 202 — 5,710 ₩ 2,197,351 (362,625 ) (39,479 ) 122,679 (28,637 ) 1,889,289 (*1) Dividends distributed by the associates are deducted from the carrying amount for the year ended December 31, 2022. (*2) The Group recognized ₩14,641 million of impairment loss for the year ended December 31, 2022. (*3) As the Group obtained significant influence over the investee, ₩900 million of financial assets at FVOCI are reclassified to investments in associates for the year ended December 31, 2022. (*4) The acquisition for the year ended December 31, 2022 includes ₩2,000 million of cash investment in Smart SKT Infinitum Game Fund, ₩4,000 million of cash investment in KB ESG Fund of three telecommunications companies and ₩12 million of cash investment in SK VENTURE CAPITAL, LLC. The disposal for the year ended December 31, 2022 includes ₩4,850 million relating to disposal of the part of shares of Start-up Win-Win Start-up Win-Win (In millions of won) 2021 Beginning balance Acquisition and Disposal Share of profits (losses) Other compre- income (loss) Other increase (decrease) Spin-off Ending balance Investments in associates: SK China Company Ltd.(*1) ₩ 555,133 — 274,066 95,696 (131,141 ) — 793,754 Korea IT Fund(*1) 323,294 — 31,734 (4,336 ) (10,716 ) — 339,976 HanaCard Co., Ltd. 314,930 — 35,057 (121 ) — — 349,866 SK Telecom CS T1 Co., Ltd.(*2) 53,010 4,888 (8,769 ) (575 ) — (48,554 ) — NanoEnTek, Inc.(*2) 43,190 — 1,836 (86 ) — (44,940 ) — UniSK 15,700 — 1,475 1,981 — — 19,156 SK Technology Innovation Company 41,579 — 39,256 5,466 — — 86,301 SK MENA Investment B.V. 14,043 — 2 1,298 — — 15,343 SK hynix Inc.(*1,2) 12,251,861 19,482 1,542,757 197,473 (170,937 ) (13,840,636 ) — SK Latin America Investment S.A. 13,930 — (49 ) 123 — — 14,004 Grab Geo Holdings PTE. LTD.(*2) 30,063 — — — — (30,063 ) — SK South East Asia Investment Pte. Ltd. 311,990 — (18,218 ) 55,010 — — 348,782 Pacific Telecom Inc. 39,723 — 1,598 2,468 — — 43,789 SM. Culture & Contents Co., Ltd. 62,248 144 (2,484 ) 353 — — 60,261 Contents Wavve Co., Ltd.(*2) 75,803 100,000 (20,716 ) — — (155,087 ) — Hello Nature Co., Ltd.(*2,3) 11,969 9,980 (10,899 ) (1 ) (1,730 ) (9,319 ) — Digital Games International Pte. Ltd. 6,449 — (4,529 ) 288 — — 2,208 Invites Healthcare Co., Ltd. 25,536 7,000 (5,968 ) (94 ) — — 26,474 Nam Incheon Broadcasting Co., Ltd.(*1) 10,902 — 1,759 — (136 ) — 12,525 NANO-X 28,484 (47 ) (2,049 ) — 2,437 (28,825 ) — Home Choice Corp. 3,585 — (533 ) — — — 3,052 Carrot General Insurance Co., Ltd.(*4) 13,469 12,289 (6,666 ) (358 ) (8,734 ) (10,000 ) — Bertis Inc.(*2) — 15,739 (423 ) — — (15,316 ) — UT LLC(*2) — 86,319 (7,773 ) — — (78,546 ) — SPARKPLUS Co., Ltd.(*2) — 34,166 — — — (34,166 ) — Konan Technology Inc. 1,265 2,015 357 2 — — 3,639 12CM JAPAN and others(*2,5) 64,485 7,023 (3,226 ) 7,691 (1,624 ) (5,383 ) 68,966 14,312,641 298,998 1,837,595 362,278 (322,581 ) (14,300,835 ) 2,188,096 (In millions of won) 2021 Beginning balance Acquisition and Disposal Share of profits (losses) Other compre- income (loss) Other increase (decrease) Spin-off Ending balance Investments in joint ventures: Dogus Planet, Inc.(*2) 15,071 — (6,990 ) (1,447 ) — (6,634 ) — Finnq Co., Ltd. 13,342 — (5,969 ) (118 ) — — 7,255 NEXTGEN BROADCAST SERVICES CO, LLC(*2) 5,850 9,048 (1,276 ) — 892 (14,514 ) — NEXTGEN ORCHESTRATION, LLC(*2) 1,600 — — — 142 (1,742 ) — Techmaker GmbH(*2) 5,609 — (94 ) 145 — (5,660 ) — WAVVE Americas Inc. (Formerly, Korea Content Platform, Inc.)(*2) — 30,191 (14 ) — 598 (30,775 ) — UTC Kakao-SK — 2,000 — — — — 2,000 41,472 41,239 (14,343 ) (1,420 ) 1,632 (59,325 ) 9,255 ₩ 14,354,113 340,237 1,823,252 360,858 (320,949 ) (14,360,160 ) 2,197,351 (*1) Dividends received from the associates are deducted from the carrying amount for the year ended December 31, 2021. (*2) Investment in SK Telecom CS T1 Co., Ltd. and twenty-three other associates and joint ventures were transferred to the spin-off spin-off (*3) The Group recognized ₩1,730 million of impairment loss for the investments in Hello Nature Co., Ltd. for the year ended December 31, 2021. (*4) The Parent Company has entered into an agreement whereby the entire shares of Carrot General Insurance Co., Ltd. will transfer to Tmap Mobility Co., Ltd. In accordance with the agreement, the Parent Company reclassified the investments in Carrot General Insurance Co., Ltd. amounting to ₩ 8,734 million as non-current spin-off, spin-off (*5) The acquisition for the year ended December 31, 2021 includes ₩1,000 million of cash investment in Studio Yesone Co., Ltd. and ₩1,000 million of cash investment in SONNORI Corp. and ₩687 million of cash investment in WALDEN SKT VENTURE FUND and ₩3,000 million of cash investment in Smart SKT Infinitum Game Fund and ₩1,600 million of cash investment in Laguna Dynamic Game&Contents Fund. The disposal for the year ended December 31, 2021 includes ₩334 million relating to disposal of the part of shares of KDX Korea Data Exchange. (7) The Group discontinued the application of equity method to the following investees due to their carrying amounts being reduced to zero. The details of cumulative unrecognized equity method losses as of December 31, 2022 are as follows: (In millions of won) Unrecognized loss Unrecognized change in equity 2022 Cumulative loss 2022 Cumulative loss Wave City Development Co., Ltd. ₩ 152 8,695 — — Daehan Kanggun BcN Co., Ltd. and others — 5,780 — (124 ) ₩ 152 14,475 — (124 ) |
Property and Equipment
Property and Equipment | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Property and Equipment | 13. Property and Equipment (1) Property and equipment as of December 31, 2022 and 2021 are as follows: December 31, 2022 (In millions of won) Acquisition cost Accumulated depreciation Accumulated impairment loss Carrying amount Land ₩ 1,005,857 — — 1,005,857 Buildings 1,736,257 (950,582 ) (450 ) 785,225 Structures 935,276 (668,019 ) (1,601 ) 265,656 Machinery 37,100,715 (29,185,881 ) (1,934 ) 7,912,900 Other 1,771,890 (1,273,655 ) (841 ) 497,394 Right-of-use 2,555,685 (766,350 ) (3,206 ) 1,786,129 Construction in progress 1,069,331 — — 1,069,331 ₩ 46,175,011 (32,844,487 ) (8,032 ) 13,322,492 December 31, 2021 (In millions of won) Acquisition cost Accumulated Accumulated Carrying Land ₩ 972,800 — — 972,800 Buildings 1,692,239 (897,336 ) (450 ) 794,453 Structures 922,637 (629,757 ) (1,601 ) 291,279 Machinery 35,770,485 (27,771,040 ) (1,518 ) 7,997,927 Other 1,718,337 (1,230,128 ) (493 ) 487,716 Right-of-use 2,229,945 (669,389 ) (1,223 ) 1,559,333 Construction in progress 767,751 — — 767,751 ₩ 44,074,194 (31,197,650 ) (5,285 ) 12,871,259 (2) Changes in property and equipment for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 Beginning Acquisition Disposal Transfer Depreciation Impairment Business Ending Land ₩ 972,800 79 (175 ) 30,364 — — 2,789 1,005,857 Buildings 794,453 1,071 (638 ) 36,219 (54,463 ) — 8,583 785,225 Structures 291,279 2,288 (32 ) 10,422 (38,301 ) — — 265,656 Machinery 7,997,927 560,889 (49,586 ) 1,696,447 (2,292,358 ) (419 ) — 7,912,900 Other 487,716 780,382 (938 ) (672,199 ) (105,730 ) (391 ) 8,554 497,394 Right-of-use 1,559,333 720,932 (65,961 ) (27,579 ) (403,794 ) (3,133 ) 6,331 1,786,129 Construction in progress 767,751 1,564,345 (1,709 ) (1,261,937 ) — — 881 1,069,331 ₩ 12,871,259 3,629,986 (119,039 ) (188,263 ) (2,894,646 ) (3,943 ) 27,138 13,322,492 (*) Includes assets acquired from the acquisition of SK m&service Co., Ltd. by PS&Marketing Corporation, a subsidiary of the Parent Company. (In millions of won) 2021 Beginning balance Acquisition Disposal Transfer Deprecia- Impairment (*2) Business combina- Spin-off Ending balance Land ₩ 1,039,323 634 (21,557 ) 24,789 — — — (70,389 ) 972,800 Buildings 858,606 3,919 (9,706 ) 47,612 (55,818 ) — 639 (50,799 ) 794,453 Structures 317,403 2,482 (6,124 ) 16,546 (37,968 ) — — (1,060 ) 291,279 Machinery 8,376,212 593,225 (44,477 ) 1,816,003 (2,394,351 ) (1,054 ) — (347,631 ) 7,997,927 Other 653,616 830,277 (2,286 ) (607,271 ) (180,980 ) (495 ) 193 (205,338 ) 487,716 Right-of-use 1,472,035 672,723 (60,159 ) (9,610 ) (433,970 ) (1,223 ) 507 (80,970 ) 1,559,333 Construction in progress 659,882 1,695,316 (1,071 ) (1,554,047 ) — — — (32,329 ) 767,751 ₩ 13,377,077 3,798,576 (145,380 ) (265,978 ) (3,103,087 ) (2,772 ) 1,339 (788,516 ) 12,871,259 (*1) Includes amounts related to discontinued operations. (*2) The Group recognized impairment losses for obsolete assets for the year ended December 31, 2021. (*3) Includes assets acquired from the acquisition of YLP Inc. and another company by Tmap Mobility Co., Ltd. and from the acquisition of Rokmedia Co., Ltd. by Onestore Co., Ltd. |
Investment Property
Investment Property | 12 Months Ended |
Dec. 31, 2022 | |
Text Block abstract [Abstract] | |
Investment Property | 14. Investment Property (1) Investment property as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Acquisition cost Accumulated depreciation Carrying amount Acquisition cost Accumulated depreciation Carrying amount Land ₩ 6,115 — 6,115 6,071 — 6,071 Buildings 21,490 (14,606 ) 6,884 21,021 (13,668 ) 7,353 Right-of-use 17,057 (4,919 ) 12,138 12,577 (2,967 ) 9,610 ₩ 44,662 (19,525 ) 25,137 39,669 (16,635 ) 23,034 (2) Changes in Investment property for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 Beginning balance Transfer Depreciation Ending balance Land ₩ 6,071 44 — 6,115 Buildings 7,353 564 (1,033 ) 6,884 Right-of-use 9,610 4,124 (1,596 ) 12,138 ₩ 23,034 4,732 (2,629 ) 25,137 (In millions of won) 2021 Beginning balance Transfer Ending balance Land ₩ — 6,071 6,071 Buildings — 7,353 7,353 Right-of-use — 9,610 9,610 ₩ — 23,034 23,034 (3) The Group recognized lease income of ₩5,222 million and ₩5,036 million from investment property for the years ended December 31, 2022 and 2021, respectively. (4) The fair value of investment property is ₩73,934 million and ₩66,128 million as of December 31, 2022 and 2021, respectively. |
Lease
Lease | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Lease | 15. Leases (1) Group as a lessee 1) Details of the right-of-use (In millions of won) December 31, 2022 December 31, 2021 Land, buildings and structures ₩ 1,546,918 1,392,925 Others 239,211 166,408 ₩ 1,786,129 1,559,333 2) Details of amounts recognized in the consolidated statements of income for the years ended December 31, 2022, 2021 and 2020 as a lessee are as follows: (In millions of won) 2022 2021(*) 2020(*) Depreciation of right-of-use Land, buildings and structures ₩ 346,499 338,304 347,166 Others 57,295 95,666 89,065 ₩ 403,794 433,970 436,231 Interest expense on lease liabilities ₩ 29,996 23,998 22,976 (*) Includes amounts related to discontinued operations. Expenses related to short-term leases and leases of low-value 3) The total cash outflows due to lease payments for the years ended December 31, 2022, 2021 and 2020 amounted to ₩449,196 million, ₩484,879 million and ₩459,132 million, respectively. The amounts for the years ended December 31, 2021 and 2020 include cash flows from discontinued operations. (2) Group as a lessor 1) Finance lease The Group recognized interest income of ₩910 million, ₩2,053 million and ₩2,223 million on lease receivables for the years ended December 31, 2022, 2021 and 2020, respectively, The amounts for the years ended December 31, 2021 and 2020 include profit or loss from discontinued operations. The following table sets out a maturity analysis for lease receivables, presenting the undiscounted lease payments to be received subsequent to December 31, 2022. (In millions of won) Amount Less than 1 year ₩ 11,079 1 ~ 2 years 3,707 2 ~ 3 years 2,062 3 ~ 4 years 509 4 ~ 5 years 231 Undiscounted lease payments ₩ 17,588 Unrealized finance income 449 Net investment in the lease 17,139 2) Operating lease The Group recognized lease income of ₩246,279 million, ₩230,140 million and ₩238,545 million for the years ended December 31, 2022, 2021 and 2020, respectively, of which variable lease payments received are ₩8,622 million, ₩17,686 million and ₩21,715 million, respectively. The following table sets out a maturity analysis of lease payments, presenting the undiscounted fixed payments to be received subsequent to December 31, 2022. (In millions of won) Amount Less than 1 year ₩ 239,174 1 ~ 2 years 132,802 2 ~ 3 years 60,808 3 ~ 4 years 9,424 4 ~ 5 years 3,520 More than 5 years 1,706 ₩ 447,434 |
Goodwill
Goodwill | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Goodwill | 16. Goodwill (1) Goodwill as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Goodwill related to merger of Shinsegi Telecom, Inc. ₩ 1,306,236 1,306,236 Goodwill related to acquisition of SK Broadband Co., Ltd. 764,082 764,082 Other goodwill 4,691 2,175 ₩ 2,075,009 2,072,493 (2) Details of the impairment testing of Goodwill as of December 31, 2022 is as follows: Goodwill is allocated to the following CGUs for the purpose of impairment testing. • goodwill related to Shinsegi Telecom, Inc.(*1): Cellular services; • goodwill related to SK Broadband Co., Ltd.(*2): Fixed-line telecommunication services; and • other goodwill: Others. (*1) Goodwill related to merger of Shinsegi Telecom, Inc. The recoverable amount of the CGU is based on its value in use calculated by applying the post-tax annual discount rate of %) (pre-tax ) to the estimated future post-tax cash flows based on financial budgets for the next five years. An annual growth rate of was applied for the cash flows expected to be incurred after five years and is not expected to exceed the long-term wireless telecommunication industry growth rate. (*2) Goodwill related to acquisition of SK Broadband Co., Ltd. The recoverable amount of the CGU is based on its value in use (VIU). To determine the VIU, the Group has applied the post-tax annual discount rate of (pre-tax annual discount rate for 2022 and 2021: to the estimated future post-tax cash flows, which are derived from the most recent financial budgets/forecasts approved by management for the next five years, including, among other elements, the estimated operating revenue which is based on past performance, business plans and its expectation of future market changes. The Group has estimated subsequent cash flows beyond five years based on an annual growth rate of ) which is not expected to exceed the long-term fixed-line telecommunication industry growth rate. (3) Details of the changes in goodwill for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 2021 Beginning balance ₩ 2,072,493 3,357,524 Acquisition(*) 2,516 111,928 Other — (43 ) Spin-off — (1,396,916 ) Ending balance ₩ 2,075,009 2,072,493 (*) It consists of goodwill recognized as PS&Marketing Corporation’s acquisition of SK m&service Co., Ltd for the years ended December 31,2022. It consists of goodwill recognized as Tmap Mobility Co., Ltd.’s acquisition of YLP Inc. and another company, goodwill recognized as Dreamus Company’s acquisition of Studio Dolphin Co., Ltd. and goodwill recognized from Onestore Co., Ltd.’s acquisition of Rokmedia Co., Ltd. for the year ended December 31, 2021 (See Note 11). As of December 31, 2022 and 2021, accumulated impairment losses are ₩33,441 million, respectively. |
Intangible Assets
Intangible Assets | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Intangible Assets | 17. Intangible Assets (1) Intangible assets as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Acquisition cost Accumulated amortization Accumulated impairment Carrying amount Frequency usage rights(*1) ₩ 3,767,590 (1,499,158 ) (186,000 ) 2,082,432 Land usage rights 59,389 (58,165 ) — 1,224 Industrial rights 94,238 (30,068 ) (12,378 ) 51,792 Development costs 14,497 (14,213 ) — 284 Facility usage rights 157,651 (142,654 ) — 14,997 Customer relations 505,063 (204,882 ) — 300,181 Club memberships(*2) 116,401 — (24,430 ) 91,971 Other(*3) 4,627,565 (3,839,030 ) (6,506 ) 782,029 ₩ 9,342,394 (5,788,170 ) (229,314 ) 3,324,910 (In millions of won) December 31, 2021 Acquisition cost Accumulated amortization Accumulated impairment Carrying amount Frequency usage rights(*1) ₩ 7,221,735 (4,476,046 ) (186,000 ) 2,559,689 Land usage rights 48,318 (45,586 ) — 2,732 Industrial rights 92,332 (36,342 ) (36 ) 55,954 Development costs 34,393 (34,193 ) — 200 Facility usage rights 156,062 (138,188 ) — 17,874 Customer relations 507,581 (180,324 ) — 327,257 Club memberships(*2) 113,300 — (24,806 ) 88,494 Other(*3) 4,347,971 (3,524,002 ) (6,400 ) 817,569 ₩ 12,521,692 (8,434,681 ) (217,242 ) 3,869,769 (*1) The Parent Company was reassigned 800 MHz, 1.8 GHz and 2.1 GHz band of frequency licenses from the Ministry of Science and Information and Communication Technology (“ICT”) in exchange for ₩227,200 million, ₩547,800 million and ₩411,700 million, respectively, for the year ended December 31, 2021. The band of frequency was assigned to the Parent Company at the date of initial lump sum payment for the year ended December 31, 2021 and the annual payments in installment for the remaining balances are made in the next five years starting from the date of initial lump sum payment. (*2) Club memberships are classified as intangible assets with indefinite useful lives and are not amortized. (*3) Other intangible assets primarily consist of computer software and others. (2) Changes in intangible assets for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 Beginning Acquisition Disposal Transfer Amortization Impairment(*1) Business combination(*2) Ending balance Frequency usage rights ₩ 2,559,689 — — — (477,257 ) — — 2,082,432 Land usage rights 2,732 — — — (1,508 ) — — 1,224 Industrial rights 55,954 13,428 (823 ) (103 ) (4,324 ) (12,343 ) 3 51,792 Development costs 200 — — — (573 ) — 657 284 Facility usage rights 17,874 1,396 (2 ) 252 (4,523 ) — — 14,997 Customer relations 327,257 — — — (27,076 ) — — 300,181 Club memberships(*1) 88,494 9,926 (7,113 ) — — (725 ) 1,389 91,971 Other(*2) 817,569 108,144 (380 ) 189,075 (342,776 ) (16 ) 10,413 782,029 ₩ 3,869,769 132,894 (8,318 ) 189,224 (858,037 ) (13,084 ) 12,462 3,324,910 (*1) The Group recognized the difference between recoverable amount and the carrying amount of intangible assets amounting to ₩13,084 million as impairment loss for the year ended December 31, 2022. (*2) Includes assets acquired from the acquisition of SK m&service Co., Ltd. by PS&Marketing Corporation, a subsidiary of the Parent Company. (In millions of won) 2021 Beginning balance Acquisition Disposal Transfer Amorti- zation (*1) Reversal (Impairment) (*2) Business Combina- tion(*3) Spin-off Ending balance Frequency usage rights ₩ 1,932,765 1,145,999 — — (519,075 ) — — — 2,559,689 Land usage rights 4,720 175 (76 ) — (2,087 ) — — — 2,732 Industrial rights 71,442 5,158 (8 ) 390 (6,377 ) (36 ) — (14,615 ) 55,954 Development costs 9,364 1,279 (150 ) — (3,210 ) — — (7,083 ) 200 Facility usage rights 21,880 1,690 (21 ) 328 (6,003 ) — — — 17,874 Customer relations 919,863 4,854 (461 ) — (53,342 ) — 4,705 (548,362 ) 327,257 Club memberships 106,865 6,518 (9,925 ) — — 653 — (15,617 ) 88,494 Brands 374,096 — — — — — — (374,096 ) — Other 995,199 80,713 (4,580 ) 276,890 (421,213 ) (111 ) 5,059 (114,388 ) 817,569 ₩ 4,436,194 1,246,386 (15,221 ) 277,608 (1,011,307 ) 506 9,764 (1,074,161 ) 3,869,769 (*1) Includes amounts related to discontinued operations. (*2) The Group recognized the difference between recoverable amount and the carrying amount of intangible assets amounting to ₩147 million as impairment loss and ₩653 million as reversal of impairment loss, respectively, for the year ended December 31, 2021. (*3) Includes assets acquired from the acquisition of YLP Co., Ltd. and another company by Tmap Mobility Co., Ltd., and Rokmedia Co., Ltd. by Onestore Co., Ltd. (3) Research and development expenditures recognized as expense for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021(*) 2020(*) Research and development costs expensed as incurred ₩ 340,864 406,672 416,445 (*) Includes amounts related (4) Details of frequency usage rights as of December 31, 2022 are as follows: (In millions of won) As of December 31, 2022 Amount Description Commencement of amortization Completion of amortization 800MHz license ₩ 153,704 LTE service Jul Jun 1.8GHz license 414,317 LTE service Dec Dec 2.6GHz license 485,670 LTE service Sep Dec 2.1GHz license 311,381 W-CDMA and LTE service Dec Dec 3.5GHz license 712,594 5G service Apr Nov 28GHz license 4,766 5G service Jan May ₩ 2,082,432 |
Borrowings and Debentures
Borrowings and Debentures | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Borrowings and Debentures | 18. Borrowings and Debentures (1) Short-term borrowings as of December 31, 2022 and 2021 are as follows: (In millions of won) Lender Annual interest rate (%) Maturity December 31, 2022 December 31, 2021 BNK Securities. Co.,Ltd. 4.60 Jan. 20, 2023 ₩ 100,000 — KEB Hana Bank 6.62 Oct. 31, 2023 30,000 — Hana Financial Investment Co., Ltd.(*) 6.30 May. 29, 2023 4,642 4,642 DB Financial Investment Co., Ltd.(*) 6.30 May. 29, 2023 2,785 2,785 Shinhan Financial Investment Co., Ltd.(*) 6.20 Feb. 20, 2023 5,571 5,571 ₩ 142,998 12,998 (*) PanAsia Semiconductor Materials LLC., a subsidiary of the Parent Company, has pledged its ₩21,981 million of equity instruments at FVTPL on ₩12,998 million of short-term loans as of December 31, 2022. (2) Long-term borrowings as of December 31, 2022 and 2021 are as follows: (In millions of won and thousands of other currencies) Lender Annual interest rate (%) Maturity December 31, 2022 December 31, 2021 Korea Development Bank(*1) 1.87 Feb. 10, 2026 ₩ 40,625 50,000 Korea Development Bank(*2) 3M CD + 0.71 Dec. 21, 2022 — 12,500 Credit Agricole CIB(*2,3) 3M CD + 0.82 Dec. 14, 2023 12,500 25,000 Export Kreditnamnden 1.70 Apr. 29, 2022 — 6,746 (USD 5,690) Mizuho bank, Ltd. 1.35 May. 20, 2024 100,000 100,000 DBS bank Ltd. 1.32 May. 28, 2024 200,000 200,000 DBS bank Ltd. 2.68 Mar. 10, 2025 200,000 — Credit Agricole CIB 3.30 Apr. 29, 2024 50,000 — Mizuho Bank, Ltd. 3.29 Nov. 27, 2023 100,000 — Nonghyup Bank(*4) MOR + 1.96 Nov. 17, 2024 40,000 — Credit Agricole CIB 4.89 Nov. 28, 2025 50,000 — 793,125 394,246 Less: present value discount (13 ) (59 ) 793,112 394,187 Less: current portions (124,987 ) (41,065 ) ₩ 668,125 353,122 (*1) The long-term borrowings are to be repaid by installments on an annual basis from 2022 to 2026. (*2) 3M CD rates are 3.98 1.29 (*3) The long-term borrowings are to be repaid by installments on an annual basis from 2020 to 2023. (*4) 6M MOR rates are 4.35% as of December 31, 2022. (3) Debentures as of December 31, 2022 and 2021 are as follows: (In millions of won and thousands of U.S. dollars) Purpose Maturity Annual interest rate (%) December 31, 2022 December 31, 2021 Unsecured corporate bonds Operating and refinancing fund 2022 3.30 — 140,000 Unsecured corporate bonds 2032 3.45 90,000 90,000 Unsecured corporate bonds Operating fund 2023 3.03 230,000 230,000 Unsecured corporate bonds 2033 3.22 130,000 130,000 Unsecured corporate bonds 2024 3.64 150,000 150,000 Unsecured corporate bonds Refinancing fund 2024 2.82 190,000 190,000 Unsecured corporate bonds Operating and refinancing fund 2022 2.40 — 100,000 Unsecured corporate bonds 2025 2.49 150,000 150,000 Unsecured corporate bonds 2030 2.61 50,000 50,000 Unsecured corporate bonds Operating fund 2025 2.66 70,000 70,000 Unsecured corporate bonds 2030 2.82 90,000 90,000 Unsecured corporate bonds Operating and refinancing fund 2025 2.55 100,000 100,000 Unsecured corporate bonds 2035 2.75 70,000 70,000 Unsecured corporate bonds Operating fund 2026 2.08 90,000 90,000 Unsecured corporate bonds 2036 2.24 80,000 80,000 Unsecured corporate bonds 2026 1.97 120,000 120,000 Unsecured corporate bonds 2031 2.17 50,000 50,000 Unsecured corporate bonds Refinancing fund 2022 2.17 — 120,000 Unsecured corporate bonds 2027 2.55 100,000 100,000 Unsecured corporate bonds Operating and refinancing fund 2032 2.65 90,000 90,000 Unsecured corporate bonds Operating and refinancing fund 2022 2.63 — 80,000 Unsecured corporate bonds Refinancing fund 2027 2.84 100,000 100,000 Unsecured corporate bonds 2023 2.81 100,000 100,000 Unsecured corporate bonds 2028 3.00 200,000 200,000 Unsecured corporate bonds 2038 3.02 90,000 90,000 Unsecured corporate bonds Operating and refinancing fund 2023 2.33 150,000 150,000 Unsecured corporate bonds 2038 2.44 50,000 50,000 Unsecured corporate bonds Operating fund 2022 2.03 — 180,000 Unsecured corporate bonds 2024 2.09 120,000 120,000 Unsecured corporate bonds 2029 2.19 50,000 50,000 Unsecured corporate bonds 2039 2.23 50,000 50,000 Unsecured corporate bonds Operating and refinancing fund 2022 1.40 — 120,000 Unsecured corporate bonds 2024 1.49 60,000 60,000 Unsecured corporate bonds 2029 1.50 120,000 120,000 Unsecured corporate bonds 2039 1.52 50,000 50,000 Unsecured corporate bonds 2049 1.56 50,000 50,000 Unsecured corporate bonds Operating fund 2022 1.69 — 230,000 Unsecured corporate bonds 2024 1.76 70,000 70,000 Unsecured corporate bonds 2029 1.79 40,000 40,000 Unsecured corporate bonds 2039 1.81 60,000 60,000 Unsecured corporate bonds Operating and refinancing fund 2023 1.64 170,000 170,000 (In millions of won and thousands of U.S. dollars) Purpose Maturity Annual interest rate (%) December 31, 2022 December 31, Unsecured corporate bonds Operating fund 2025 1.75 130,000 130,000 Unsecured corporate bonds 2030 1.83 50,000 50,000 Unsecured corporate bonds 2040 1.87 70,000 70,000 Unsecured corporate bonds Refinancing fund 2025 1.40 140,000 140,000 Unsecured corporate bonds 2030 1.59 40,000 40,000 Unsecured corporate bonds 2040 1.76 110,000 110,000 Unsecured corporate bonds Refinancing fund 2024 1.17 80,000 80,000 Unsecured corporate bonds 2026 1.39 80,000 80,000 Unsecured corporate bonds 2031 1.80 50,000 50,000 Unsecured corporate bonds 2041 1.89 100,000 100,000 Unsecured corporate bonds Refinancing fund 2024 2.47 90,000 90,000 Unsecured corporate bonds 2026 2.69 70,000 70,000 Unsecured corporate bonds 2041 2.68 40,000 40,000 Unsecured corporate bonds 2025 3.80 240,000 — Unsecured corporate bonds 2027 3.84 70,000 — Unsecured corporate bonds 2042 3.78 40,000 — Unsecured corporate bonds 2025 4.00 300,000 — Unsecured corporate bonds 2027 4.00 95,000 — Unsecured corporate bonds 2024 4.79 100,000 — Unsecured corporate bonds 2025 4.73 110,000 — Unsecured corporate bonds 2027 4.74 60,000 — Unsecured corporate bonds 2032 4.69 40,000 — Unsecured corporate bonds(*1) Operating fund 2022 2.26 — 150,000 Unsecured corporate bonds(*1) Operating and refinancing fund 2022 2.70 — 140,000 Unsecured corporate bonds(*1) 2023 2.93 80,000 80,000 Unsecured corporate bonds(*1) Refinancing fund 2022 2.00 — 50,000 Unsecured corporate bonds(*1) 2024 2.09 160,000 160,000 Unsecured corporate bonds(*1) Operating and refinancing fund 2022 1.71 — 80,000 Unsecured corporate bonds(*1) 2024 1.71 100,000 100,000 Unsecured corporate bonds(*1) 2026 1.86 50,000 50,000 Unsecured corporate bonds(*1) Refinancing fund 2023 1.48 100,000 100,000 Unsecured corporate bonds(*1) Operating and refinancing fund 2025 1.64 100,000 100,000 (In millions of won and thousands of U.S. dollars) Purpose Maturity Annual interest rate (%) December 31, 2022 December 31, 2021 Unsecured corporate bonds(*1) Refinancing fund 2025 1.41 160,000 160,000 Unsecured corporate bonds(*1) 2024 1.69 100,000 100,000 Unsecured corporate bonds(*1) 2025 2.58 100,000 — Unsecured corporate bonds(*1) 2032 2.92 50,000 — Unsecured global bonds Operating fund 2027 6.63 506,920 (USD 400,000 ) 474,200 (USD Unsecured global bonds 2023 3.75 633,650 (USD 500,000 ) 592,750 (USD 500,000 ) Unsecured global bonds(*1) Refinancing fund 2023 3.88 380,190 (USD 300,000 ) 355,650 (USD 300,000 ) Floating rate notes(*2) Operating fund 2025 3M LIBOR + 0.91 380,190 (USD 300,000 ) 355,650 (USD 300,000 ) 8,385,950 8,448,250 Less: discounts on bond (19,256 ) (21,567 ) 8,366,694 8,426,683 Less: current portions of bonds (1,842,599 ) (1,389,259 ) 6,524,095 7,037,424 (*1) Unsecured corporate bonds were issued by SK Broadband Co., Ltd., a subsidiary of the Parent Company. (*2) 3M LIBOR rates are 4.75% and 0.21% as of December 31, 2022 and 2021, respectively. |
Long-term Payables - other
Long-term Payables - other | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Long-term Payables - other | 19. Long-term Payables – other (1) As of December 31, 2022 and 2021, details of long-term payables — other related to the acquisition of frequency usage rights are as follows (See note 17): (In millions of won) December 31, 2022 December 31, 2021 Long-term payables — other ₩ 1,690,470 2,090,715 Present value discount on long-term payables — other (52,129 ) (80,882 ) Current installments of long-term payables — other (398,874 ) (398,823 ) Carrying amount as of December 31 ₩ 1,239,467 1,611,010 (2) The sum of portions repaid among the principal of long-term payables — other for the years ended December 31, 2022 and 2021 amounts at ₩400,245 million and ₩425,349 million, respectively. The repayment schedule of the principal amount of long-term payables — other as of December 31, 2022 is as follows: (In millions of won) Amount Less than 1 year ₩ 400,245 1~3 years 738,300 3~5 years 460,538 More than 5 years 91,387 ₩ 1,690,470 |
Provisions
Provisions | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Provisions | 20. Provisions Changes in provisions for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 As of December 31, 2022 Beginning balance Increase Utilization Reversal Other Business combination Ending balance Current Non-current Provision for restoration ₩ 114,731 6,823 (5,679 ) (1,767 ) (10 ) 991 115,089 36,998 78,091 Emission allowance 1,885 2,719 — (2,418 ) — — 2,186 2,186 — Other provisions 10,379 4,071 (9,509 ) (3,080 ) (38 ) — 1,823 499 1,324 ₩ 126,995 13,613 (15,188 ) (7,265 ) (48 ) 991 119,098 39,683 79,415 (In millions of won) 2021 As of December 31, 2021 Beginning balance Increase Utilization Reversal Other Business combination Spin-off Ending balance Current Non-current Provision for restoration ₩ 113,653 12,648 (6,283 ) (440 ) 172 — (5,019 ) 114,731 59,204 55,527 Emission allowance 7,424 1,368 (1,091 ) (5,816 ) — — — 1,885 1,885 — Other provisions 29,800 1,655 (18,909 ) (1,820 ) — 385 (732 ) 10,379 567 9,812 ₩ 150,877 15,671 (26,283 ) (8,076 ) 172 385 (5,751 ) 126,995 61,656 65,339 |
Defined Benefit Liabilities (As
Defined Benefit Liabilities (Assets) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Defined Benefit Liabilities (Assets) | 21. Defined Benefit Liabilities (Assets) (1) Details of defined benefit liabilities (assets) as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Present value of defined benefit obligations ₩ 1,038,320 1,035,016 Fair value of plan assets (1,214,007 ) (1,040,286 ) Defined benefit assets(*) (175,748 ) (18,427 ) Defined benefit liabilities 61 13,157 (*) Since the Group entities neither have legally enforceable right nor intention to settle the defined benefit obligations of Group entities with defined benefit assets of other Group entities, defined benefit assets of Group entities have been separately presented from defined benefit liabilities. (2) Principal actuarial assumptions as of December 31, 2022 and 2021 are as follows: December 31, 2022 December 31, 2021 Discount rate for defined benefit obligations 5.09% ~ 5.71% 2.35 ~ 3.29% Expected rate of salary increase 2.00% ~ 8.37% 2.00 ~ 5.29% Discount rate for defined benefit obligation is determined based on market yields of high-quality corporate bonds with similar maturities for estimated payment term of defined benefit obligation. Expected rate of salary increase is determined based on the Group’s historical promotion index, inflation rate and salary increase ratio. (3) Changes in defined benefit obligations for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) For the year ended December 31 2022 2021(*1) Beginning balance ₩ 1,035,016 1,278,550 Current service cost 134,847 186,395 Interest cost 32,572 28,617 Remeasurement - Demographic assumption (28,222 ) (794 ) - Financial assumption (84,532 ) (29,399 ) - Adjustment based on experience 2,369 5,773 Business combinations(*2) 29,357 — Benefit paid (79,117 ) (114,897 ) Spin-off — (318,476 ) Others(*3) (3,970 ) (753 ) Ending balance ₩ 1,038,320 1,035,016 (*1) Includes amounts related to discontinued operations. (*2) Includes liabilities acquired from the acquisition of SK m&service Co., Ltd. by PS&Marketing Corporation, a subsidiary of the Parent Company. (*3) Others include changes of liabilities due to employee’s transfers among affiliates for the years ended December 31, 2022 and 2021. (4) Changes in plan assets for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) For the year ended December 31 2022 2021(1*) Beginning balance ₩ 1,040,286 1,127,163 Interest income 32,910 24,550 Remeasurement (18,622 ) (3,798 ) Contributions 215,254 152,208 Benefit paid (83,123 ) (100,511 ) Business combinations(*2) 26,618 — Spin-off — (157,522 ) Others 684 (1,804 ) Ending balance ₩ 1,214,007 1,040,286 (*1) Includes amounts related to discontinued operations. (*2) Includes assets acquired from the acquisition of SK m&service Co., Ltd. by PS&Marketing Corporation, a subsidiary of the Parent Company. The Group expects to contribute ₩191,597 million to the defined benefit plans in 2023. (5) Total cost of benefit plan, which is recognized in profit and loss (included in labor in the statement of income) for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) For the year ended December 31 2022 2021(*) Current service cost ₩ 134,847 186,395 Net interest cost (338 ) 4,067 ₩ 134,509 190,462 (*) Includes amounts related to discontinued operations. Costs related to the defined benefit except for the amounts transferred to construction in progress are included labor expenses and Research and development expenses. (6) Details of plan assets as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Equity instruments ₩ 17,716 25,083 Debt instruments 174,385 228,534 Short-term financial instruments, etc. 1,021,906 786,669 ₩ 1,214,007 1,040,286 (7) As of December 31, 2022, effects on defined benefit obligations if each of significant actuarial assumptions changes within expectable and reasonable range are as follows: (In millions of won) 0.5% 0.5% Discount rate ₩ (35,826) 38,337 Expected salary increase rate 38,500 (36,315 ) The sensitivity analysis does not consider dispersion of all cash flows that are expected from the plan and provides approximate values of sensitivity for the assumptions used. A weighted average durat io |
Derivative Instruments
Derivative Instruments | 12 Months Ended |
Dec. 31, 2022 | |
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Derivative Instruments | 22. Derivative Instruments (1) Currency and interes t rate flow (In millions of won and thousands of U.S. dollars) Borrowing Hedging Instrument (Hedged item) Hedged risk Financial Duration of Jul. 20, 2007 Fixed-to-fixed 400,000 Foreign currency risk Morgan Stanley and four other banks Jul. 20, 2007 ~ Apr. 16 2018 Fixed-to-fixed 500,000 Foreign currency risk The Export-Import Bank of Korea and three other banks Apr. 16, 2018 ~ Apr. 16, 2023 Mar. 4, 2020 Floating-to-fixed 300,000 Foreign currency risk and Interest rate risk Citibank Mar. 4, 2020 ~ Jun. 4, 2025 Aug. 13 2018 Fixed-to-fixed Foreign currency risk Citibank Aug. 13, 2018 ~ Aug. 13, 2023 Dec. 19, 2018 Floating-to-fixed 12,500 Interest rate risk Credit Agricole CIB Mar.19, 2019 ~ Dec.14, 2023 (2) SK Broadband Co., Ltd., a subsidiary of the Parent Company, entered into Total Return Swap(TRS) contract amou n Alternative Investment Type Private Real Estate Investment Trust No. 62, respectively. The contracts consist of the settlement of the difference resulting from the change in the value of the real estate on the maturity date of the contract and the settlement of the difference between the dividend and the standard dividend during the contract period. Each contract expires in November 2025 and September 2024, respectively. SK Broadband Co., Ltd. has an obligation to guarantee fixed rate of returns to the other party to each contract. SK Broadband Co., Ltd. recognized derivative financial assets of ₩20,631 million and ₩6,988 million for TRS as of December 31, 2022 and 2021, respectively. Derivative (3) In relation to the business acquisition by SK Broadband Co., Ltd. for the year ended December 31, 2020 the Parent Company has entered into a shareholders’ agreement with the shareholders of the acquirees. Pursuant to the agreement, when certain conditions are met within a period of time subsequent to the merger, the shareholders of the acquirees can exercise their drag-along rights and require the Parent Company to sell its shares in SK Broadband Co., Ltd. Should the shareholders exercise their drag-along rights, the Parent Company also can exercise its call options over the shares held by those shareholders. The Group recognized a long-term derivative financial liability of ₩302,593 million (₩321,025 million and 320,984 million as of December 31, 2021 and 2020, respectively) for the rights prescribed in the shareholders’ agreement as of December 31, 2022. The fair value of SK Broadband Co., Ltd.’s common stock was estimated using 5-year Significant unobservable inputs Correlations between inputs and fair value measurements Fair value of SK Broadband Co., Ltd.’s common stock The estimated fair value of derivative financial liabilities would decrease (increase) if the fair value of common stock would increase (decrease) Volatility of stock price The estimated fair value of derivative financial liabilities would decrease (increase) if the volatility of stock price increase (decrease) (4) The Group has entered into the agreement with Newberry Global Limited, whereby the Group has been granted subscription right and contingent subscription right to acquire Newberry series-C The fair value of Newberry series-C v olatility (5) The Parent Company has entered into the agreement with HAEGIN Co., Ltd., whereby the Parent Company has been granted contingent subscription right to acquire HAEGIN Co., Ltd.’s common stock for the year ended December 31, 2022. The Parent Company is able to exercise the right in accordance with the agreement when certain conditions are met and recognized long-term derivative financial assets of ₩6,895 million for the contingent subscription right as of December 31, 2022. The fair value of HAEGIN Co., Ltd.’s common stock was estimated using 5-year (6) The fair value of derivative financial instruments to which the Group applies cash flow hedge is recorded in the consolidated financial statements as derivative financial assets, long-term derivative financial assets. As of December 31, 2022, details of fair values of the derivatives assets and liabilities are as follows: (In millions of won and thousands of U.S. dollars) Hedging instrument (Hedged item) Cash flow hedge Fair value Current assets: Fixed-to-fixed ₩ 44,365 44,365 Fixed-to-fixed 102,780 102,780 Floating-to-fixed 164 164 Non-current Fixed-to-fixed ₩ 82,735 82,735 Floating-to-fixed 37,107 37,107 ₩ 267,151 267,151 (7) The fair value of derivatives held for trading is recorded in the consolidated financial statements as derivative financial assets, long-term derivative financial assets and long-term derivative financial liabilities. As of December 31, 2022, details of fair values of the derivative assets and liabilities are as follows: (In millions of won) Held for trading Fair value Current assets: Contingent subscription right ₩ 8,083 8,083 Subscription right 13,135 13,135 21,218 21,218 Non-current Contingent subscription right 6,895 6,895 Total return swap 25,896 25,896 32,791 32,791 ₩ 54,009 54,009 Non-current Drag-along and call option rights ₩ (302,593 ) (302,593 ) |
Share Capital and Capital Surpl
Share Capital and Capital Surplus and Others | 12 Months Ended |
Dec. 31, 2022 | |
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Share Capital and Capital Surplus and Others | 23. Share Capital and Capital Surplus and Others (1) Details of share capital as of December 31, 2022 and 2021 are as follows: (In millions of won, except for share data) December 31, 2022 December 31, 2021 Number of authorized shares(*1) 670,000,000 670,000,000 Par value (in W 100 100 Number of issued shares 218,833,144 218,833,144 Share capital: Common share(*2) ₩ 30,493 30,493 (*1) As a result of stock split and spin-off (*2) The Parent Company’s share capital decreased by ₩14,146 million as a result of spin-off (2) Changes in issued shares for the years ended December 31, 2022 and 2021 are as follows: (In shares) 2022 2021 Issued shares as of January 1 218,833,144 80,745,711 Retirement of treasury shares(*1) — (8,685,568 ) Stock split(*2) — 288,240,572 Spin-off(*3) — (141,467,571 ) Issued shares as of December 31 218,833,144 218,833,144 (*1) The Parent Company retired 8,685,568 treasury shares with reduction of its retained earnings before appropriation for the year ended December 31, 2021. (*2) The stock split of the Parent Company’s common share was approved at the shareholders’ meeting held on October 12, to increase the number of its outstanding shares, effective from October 28, 2021. The par value of issued shares has changed from ₩500 to ₩100. (*3) The allocation of new shares to shareholders of the spin-off Surviving Company Spin-off Company Company name SK Telecom Co., Ltd. SK Square Co., Ltd. Common shares (in the number of shares) 0.6073625 0.3926375 (3) Details of shares outstanding as of December 31, 2022 and 2021 are as follows: (In shares) December 31, 2022 December 31, 2021 Issued shares Treasury Outstanding Issued shares Treasury Outstanding Shares outstanding 218,833,144 801,091 218,032,053 218,833,144 1,250,992 217,582,152 (4) Details of capital surplus and others as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Paid-in ₩ 1,771,000 1,771,000 Treasury shares (Note 24) (36,702 ) (57,314 ) Hybrid bonds (Note 25) 398,759 398,759 Share option (Note 26) 2,061 47,166 Others (*) (13,702,235 ) (13,783,337 ) ₩ (11,567,117 ) (11,623,726 ) (*) Others primarily consists in excess of the the |
Treasury Shares
Treasury Shares | 12 Months Ended |
Dec. 31, 2022 | |
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Treasury Shares | 24. Treasury Shares (1) Treasury shares as of December 31, 2022 and 2021 are as follows: (In millions of won, except for the number of shares) December 31, 2022 December 31, 2021 Number of shares 801,091 1,250,992 Acquisition cost ₩ 36,702 57,314 (2) Changes in treasury shares for the years ended December 31, 2022 and 2021 are as follows: (In shares) 2022 2021 Treasury shares as of January 1 1,250,992 9,418,558 Acquisition (*1) — 288,000 Disposal (*2) — (626,740 ) Retirement of treasury shares (*3) — (8,685,568 ) Stock split (*4) — 1,577,000 Spin-off — (719,955 ) Disposal (*6) (449,901 ) (303 ) Treasury shares as of December 31 801,091 1,250,992 (*1) The Parent Company acquired 288,000 of its treasury shares for ₩72,982 million in an effort to increase shareholder value by stabilizing its stock price for the years ended December 31, 2021. (*2) The Parent Company distributed 626,240 treasury shares (acquisition cost: ₩141,342 million) as bonus payment to the employees and congratulatory bonus payment for the spin-off, respectively. In addition, the Parent Company distributed 500 treasury shares (acquisition cost: ₩113 million) as compensation to the non-executive (*3) The Parent Company retired 8,685,568 treasury shares with reduction of its retained earnings before appropriation, as a result, the Parent Company’s issued shares have decreased without change in share capital for the year ended December 31, 2021. (*4) The stock split of the Parent Company’s common stock was approved at the shareholders’ meeting held on October 12, 2021, to increase the number of its outstanding shares, effective from October 28, 2021. (*5) 773,987 treasury shares, some of treasury shares held by the Parent Company, have been replaced common shares of SK Square Co., Ltd., spin-off spin-off spin-off (*6) The Parent Company distributed 303 treasury shares (acquisition cost: ₩14 million) as congratulatory bonus payment of spin-off |
Hybrid Bonds
Hybrid Bonds | 12 Months Ended |
Dec. 31, 2022 | |
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Hybrid Bonds | 25. Hybrid Bonds Hybrid bonds classified as equity as of December 31, 2022 and 2021 are as follows: (In millions of won) Type Issuance date Maturity(*1) Annual December 31, December 31, Series 2-1 Unsecured subordinated bearer bond June 7, 2018 June 7, 2078 3.70 ₩ 300,000 300,000 Series 2-2 Unsecured subordinated bearer bond June 7, 2018 June 7, 2078 3.65 100,000 100,000 Issuance costs (1,241 ) (1,241 ) ₩ 398,759 398,759 As there is no contractual obligation to deliver financial assets to the holders of hybrid bonds, the Parent Company classified the hybrid bonds as equity. These are subordinated bonds which rank before common shares in the event of a liquidation or reorganization of the Parent Company. (*1) The Parent Company has a right to extend the maturity without any notice or announcement. (*2) Annual interest rate is determined as yield rate of 5-year step-up |
Share based payment arrangement
Share based payment arrangement | 12 Months Ended |
Dec. 31, 2022 | |
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Share based payment arrangement | 26. Share based payment arrangement (1) The terms and conditions related to the grants of the share-based payment arrangement are as follows: 1) Share-based payment arrangement with cash alternatives Series 1-2 1-3 2 3 4 5(*2) 6(*2) Grant date March 24, 2017 February 20, February 22, March 26, 2019 March 26, 2020 March 25, 2021 Types of shares to be issued Registered common shares Grant method Reissue of treasury shares, Cash settlement Number of shares (*1) (in share) 67,320 67,320 4,124 8,907 5,266 376,313 87,794 Exercise price (*1) (in won) 53,298 57,562 50,824 53,052 50,862 38,452 50,276 Exercise period Mar. 25, 2020 ~ Mar. 25, 2021 ~ Feb. 21, 2020 ~ Feb. 23, 2021 ~ Mar. 27, 2021 ~ Mar. 27, 2023 ~ Mar. 26, 2023 ~ Vesting conditions 3 years’ service from the grant date 4 years’ service from the grant date 2 years’ service from the grant date 2 years’ service from the grant date 2 years’ service from the grant date 3 years’ service from the grant date 2 years’ service from the grant date Series 7-1 7-2(*2) Grant date March 25, 2022 Types of shares to be issued Registered common shares Grant method Reissue of treasury shares, Cash settlement Number of shares (in share) 295,275 109,704 Exercise price (in won) 56,860 56,860 Exercise period Mar. 26, 2025 ~ Mar. 25, 2029 Mar. 26, 2024 ~ Mar. 25, 2027 Vesting conditions 2 years’ service from the grant date 2 years’ service from the grant date 2) Cash-settled share-based payment arrangement 2021 2022 Share appreciation rights of SK Telecom Co., Ltd. (*3) Share appreciation rights of SK Square Co., Ltd. (*3) Share appreciation rights of SK Telecom Co., Ltd. (*3) Grant date January 1, 2021 January 1, 2022 Grant method Cash settlement Number of shares (*1) (in share) 183,246 118,456 338,525 Exercise price (*1) (in won) 50,276 56,860 Exercise period Jan. 1, 2023 ~ Mar. 28, 2024 Jan. 1, 2024 ~ Mar. 25, 2025 Vesting conditions 2 years’ service from the grant date 2 years’ service from the grant date (*1) Number of shares granted and exercise price are adjusted as a result of stock split and spin-off 1-1st (*2) Parts of the grant that have not met the vesting conditions have been forfeited for the years ended December 31, 2022 and 2021. (*3) The Parent Company newly established the long-term incentive policy as part of the compensation related to the growth of corporate value and granted cash settled share appreciation rights to executives. Meanwhile, parts of the grant that have not met the vesting conditions have been forfeited for the year ended December 31, 2022. (2) The Parent Company has changed the accounting treatment for share-based payment arrangements with cash alternatives from equity-settled share-based payment arrangements to cash-settled share-based payment arrangements for the year ended December 31, 2022. The fair value of the goods or services that the Parent Company acquired from its employees and the liability incurred at the date of reclassification is ₩4,221 million, which is included in accrued expenses as of December 31, 2022. The Parent Company recognized the difference between the fair value of the liability at the date of reclassification and amount of the share options that the Parent Company had already recognized as capital surplus and others. Share compensation expense for share-based payment arrangements with cash alternatives recognized for the year ended December 31, 2022 and the remaining share compensation expense to be recognized in subsequent periods are as follows: (In millions of won) Share As of December 31, 2021 ₩ 76,979 For the year ended December 31, 2022 78,600 In subsequent periods 40 ₩ 155,619 The carrying amount of liabilities recognized by the Parent Company in relation to the cash-settled share-based payment arrangement is ₩906 million and ₩1,774 million as of December 31, 2022 and 2021, respectively. (3) The Parent Company used binomial option pricing model in the measurement of the fair value of the share options at grant date and the inputs used in the model are as follows: 1) Share-based payment arrangement with cash alternatives (i) SK Telecom Co., Ltd. (In won) Series 1-2 1-3 2 3 4 5 6 Risk-free interest rate 3.67 % 3.70 % 3.65 % 3.70 % 3.70 % 3.76 % 3.74 % Estimated option’s life 6 years 7 years 5 years 5 years 5 years 7 years 5 years Share price on the remeasurement date 47,400 47,400 47,400 47,400 47,400 47,400 47,400 Expected volatility 20.80 % 20.80 % 20.80 % 20.80 % 20.80 % 20.80 % 20.80 % Expected dividends 6.90 % 6.90 % 6.90 % 6.90 % 6.90 % 6.90 % 6.90 % Exercise price(*) 53,298 57,562 50,824 53,052 50,862 38,452 50,276 Per-share 250 947 357 1,639 2,289 9,628 3,837 (In won) Series 7-1 7-2 Risk-free interest rate 3.75 % 3.76 % Estimated option’s life 7 years 5 years Share price on the remeasurement date 47,400 47,400 Expected volatility 20.80 % 20.80 % Expected dividends 6.90 % 6.90 % Exercise price 56,860 56,860 Per-share 3,153 2,693 (ii) SK Square Co., Ltd. (In won) Series 1-2 1-3 2 3 4 5 6 Risk-free interest rate 1.95 % 2.07 % 2.63 % 1.91 % 1.78 % 1.52 % 1.55 % Estimated option’s life 6 years 7 years 5 years 5 years 5 years 7 years 5 years Share price (Closing price on the preceding day)(*) 52,500 52,500 48,700 51,800 50,600 34,900 49,800 Expected volatility 13.38 % 13.38 % 16.45 % 8.30 % 7.70 % 8.10 % 25.70 % Expected dividends 3.80 % 3.80 % 3.70 % 3.80 % 3.90 % 5.70 % 4.00 % Exercise price(*) 53,298 57,562 50,824 53,052 50,862 38,452 50,276 Per-share 4,048 3,096 4,798 1,720 1,622 192 8,142 2) Cash-settled share-based payment arrangement (In won) 2021 2022 Share appreciation rights of SK Telecom Co., Ltd. Share appreciation rights of SK Square Co., Ltd. Share appreciation rights of SK Telecom Co., Ltd. Risk-free interest rate 3.70 % 3.70 % 3.72 % Estimated option’s life 3.25 years 3.25 years 3.25 years Share price on the remeasurement date 47,400 33,550 47,400 Expected volatility 20.80 % 37.40 % 20.80 % Expected dividends 6.90 % 0.00 % 6.90 % Exercise price(*) 50,276 50,276 56,860 Per-share 2,308 1,760 1,625 (*) Share price (closing price on the preceding day), exercise price and per-share spin-off Meanwhile, the Board of Directors of the Parent Company resolved to dispose its treasury shares for the purpose of allotment of shares as bonus payment on October 12, 2021. The transaction is equity-settled share-based payment transactions in accordance with IFRS 2 and 505,350 shares (before stock split) were granted on October 12, 2021 (i.e., grant date). 7,700 shares (before stock split) out of 505,350 shares (before stock split) were transferred to spin-off per-share spin-off. spin-off |
Retained Earnings
Retained Earnings | 12 Months Ended |
Dec. 31, 2022 | |
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Retained Earnings | 27. Retained Earnings (1) Retained earnings as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Appropriated: Legal reserve ₩ 22,320 22,320 Reserve for business expansion 9,631,138 11,631,138 Reserve for technology development 4,365,300 4,365,300 13,996,438 15,996,438 Unappropriated 8,444,953 6,418,583 ₩ 22,463,711 22,437,341 (2) Legal re ser The Korean Commercial Act requires the Parent Company to appropriate as a legal reserve at least 10% of cash dividends paid for each accounting period until the reserve equals 50% of outstanding share capital. The legal reserve may not be utilized for cash dividends, but may only be used to offset a future deficit, if any, or may be transferred to share capital. |
Reserves
Reserves | 12 Months Ended |
Dec. 31, 2022 | |
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Reserves | 28. Reserves (1) Details of reserves, net of taxes, as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Valuation gain on FVOCI ₩ 173,281 633,240 Other comprehensive gain of investments in associates and 173,477 53,770 Valuation gain on derivatives 14,463 33,918 Foreign currency translation differences for foreign operations 30,012 14,310 ₩ 391,233 735,238 (2) Changes in reserves for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) Valuation gain Other comprehensive income (loss) of investments in associates and joint ventures Valuation gain (loss) on derivatives Foreign currency translation differences for foreign operations Total Balance as of January 1, 2021 ₩ 438,979 (392,333 ) 17,615 (24,122 ) 40,139 Changes, net of taxes 194,261 446,103 16,303 38,432 695,099 Balance as of December 31, 2021 ₩ 633,240 53,770 33,918 14,310 735,238 Changes, net of taxes (459,959 ) 119,707 (19,455 ) 15,702 (344,005 ) Balance as of December 31, 2022 ₩ 173,281 173,477 14,463 30,012 391,233 (3) Changes in valuation gain (loss) on financial assets at FVOCI for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 2021 Balance as of January 1 ₩ 633,240 438,979 Amount recognized as other comprehensive income (loss) for the year, net of taxes (490,959 ) 627,833 Amount reclassified to retained earnings, net of taxes 31,000 (12,429 ) Changes from spin-off, — (421,143 ) Balance as of December 31 ₩ 173,281 633,240 (4) Changes in valuation gain (loss) on derivatives for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 2021 Balance as of January 1 ₩ 33,918 17,615 Amount recognized as other comprehensive income (loss) for the year, net of taxes (25,630 ) 9,731 Amount reclassified to profit, net of taxes 6,175 6,572 Balance as of December 31 ₩ 14,463 33,918 |
Other Operating Income and Expe
Other Operating Income and Expenses | 12 Months Ended |
Dec. 31, 2022 | |
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Other Operating Income and Expenses | 29. Other Operating Income and Expenses Details of other operating income and (In millions of won) 2022 2021 2020 Other Operating Income: Gain on disposal of property and equipment and intangible assets ₩ 15,985 39,136 34,625 Others(*) 40,274 76,627 61,126 ₩ 56,259 115,763 95,751 Other Operating Expenses: Communication ₩ 31,881 32,462 34,462 Utilities 401,025 350,678 336,187 Taxes and dues 49,445 33,935 34,577 Repair 435,572 425,606 399,376 Research and development 340,864 347,711 353,198 Training 39,632 31,761 33,384 Bad debt for accounts receivable — trade 27,053 29,402 45,002 Travel 15,684 7,813 7,534 Supplies and other 113,839 101,656 105,333 Loss on disposal of property and equipment and intangible assets 20,465 28,158 25,633 Impairment loss on property and equipment and intangible assets 17,027 3,135 200,705 Donations 13,125 12,800 16,051 Bad debt for accounts receivable — other 3,011 3,995 6,640 Others(*) 20,353 22,475 60,280 ₩ 1,528,976 1,431,587 1,658,362 (*) See note 4 (2). |
Finance Income and Costs
Finance Income and Costs | 12 Months Ended |
Dec. 31, 2022 | |
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Finance Income and Costs | 30. Finance Income and Costs (1) Details of finance income and costs for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Finance Income: Interest income ₩ 58,472 36,708 37,030 Gain on sale of accounts receivable — other 1,043 27,725 22,605 Dividends 2,552 12,039 1,170 Gain on foreign currency transactions 21,283 10,987 9,029 Gain on foreign currency translations 2,095 7,505 7,888 Gain relating to financial instruments at FVTPL 94,393 60,169 62,963 ₩ 179,838 155,133 140,685 Finance Costs: Interest expense ₩ 328,307 279,737 288,972 Loss on sale of accounts receivable — other 61,841 — — Loss on foreign currency transactions 19,485 12,270 11,053 Loss on foreign currency translations 3,814 6,764 8,973 Loss on disposal of long-term investment securities — — 98 Loss relating to financial instruments at FVTPL 41,597 16,833 13,847 Loss on disposal of investment assets 1,283 — — ₩ 456,327 315,604 322,943 (2) Details of interest income included in finance income for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021(*) 2020(*) Interest income on cash equivalents and financial instruments ₩ 27,991 16,141 24,378 Interest income on loans and others 30,481 27,709 25,979 ₩ 58,472 43,850 50,357 (*) Includes amounts related to discontinued operations. (3) Details of interest expenses included in finance costs for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021(*) 2020(*) Interest expense on borrowings ₩ 25,736 66,188 116,397 Interest expense on debentures 217,475 224,144 225,309 Others 85,096 52,010 57,470 ₩ 328,307 342,342 399,176 (*) Includes amounts related to discontinued operations. (4) Finance income and costs by category of financial instruments for the years ended December 31, 2022, 2021 and 2020 are as follows. Bad debt expense (reversal of loss allowance) for accounts receivable – trade, loans and receivables are presented and explained separately in notes 6 and 35. 1) Finance income and costs (In millions of won) 2022 Finance income Finance costs Financial Assets: Financial assets at FVTPL ₩ 104,068 103,292 Financial assets at FVOCI 1,495 1,283 Financial assets at amortized cost 45,008 23,094 Derivatives designated as hedging instrument — 146 150,571 127,815 Financial Liabilities: Financial liabilities at FVTPL 18,432 — Financial liabilities at amortized cost 10,835 328,512 29,267 328,512 ₩ 179,838 456,327 (In millions of won) 2021 Finance income(*) Finance costs(*) Financial Assets: Financial assets at FVTPL ₩ 149,590 67,503 Financial assets at FVOCI 3,413 142,015 Financial assets at amortized cost 48,940 12,262 Derivatives designated as hedging instrument — 600 201,943 222,380 Financial Liabilities: Financial liabilities at FVTPL — 8,036 Financial liabilities at amortized cost 607 355,011 607 363,047 ₩ 202,550 585,427 (*) Includes amounts related to discontinued operations. (In millions of won) 2020 Finance income(*1) Finance costs(*1) Financial Assets: Financial assets at FVTPL(*2) ₩ 180,254 10,894 Financial assets at FVOCI 993 44,832 Financial assets at amortized cost(*2) 46,135 24,601 Derivatives designated as hedging instrument — 1,867 227,382 82,194 Financial Liabilities: Financial liabilities at FVTPL — 12,115 Financial liabilities at amortized cost 6,434 400,678 Derivatives designated as hedging instrument 7,380 2,206 13,814 414,999 ₩ 241,196 497,193 (*1) Includes amounts related to discontinued operations. (*2) The Group reclassified the category of financial assets measured at amortized cost. Accordingly, the category of financial income arising on reclassification of a financial asset is reclassified. 2) Other comprehensive income (loss) (In millions of won) 2022 2021 2020 Financial Assets: Financial assets at FVOCI ₩ (491,853 ) 920,871 579,678 Derivatives designated as hedging instrument (21,548 ) 15,427 24,320 (513,401 ) 936,298 603,998 Financial Liabilities: Derivatives designated as hedging instrument 182 706 (5,182 ) ₩ (513,219 ) 937,004 598,816 (5) Details of impairment losses for financial assets for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021(*) 2020(*) Accounts receivable — trade ₩ 27,053 31,546 48,625 Other receivables 3,011 6,001 10,559 ₩ 30,064 37,547 59,184 (*) Includes amounts related to discontinued operations. |
Income Tax Expense
Income Tax Expense | 12 Months Ended |
Dec. 31, 2022 | |
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Income Tax Expense | 31. Income Tax Expense (1) Income tax expenses for the years ended December 31, 2022, 2021 and 2020 consist of the following: (In millions of won) 2022 2021 2020 Current tax expense: Current year ₩ 274,902 319,539 286,717 Current tax of prior years(*) 73,477 705 14,536 348,379 320,244 301,253 Deferred tax expense: Changes in net deferred tax assets (60,058 ) 331,704 75,249 Income tax expense Tax expense of continuing operation 288,321 446,796 221,262 Tax expense of discontinued operation — 205,152 155,240 ₩ 288,321 651,948 376,502 (*) Current tax of prior years are mainly composed of the income tax refund due to a change in the interpretation of the tax authority in relation to the income tax previously recognized by the Group. (2) The difference between income taxes computed using the statutory corporate income tax rates and the recorded income taxes for the years ended December 31, 2022, 2021 and 2020 is attributable to the following: (In millions of won) 2022 2021(*) 2020(*) Income taxes at statutory income tax rate ₩ 329,580 834,146 505,824 Non-taxable (14,969 ) (13,924 ) (41,084 ) Non-deductible 24,679 15,329 31,882 Tax credit and tax reduction (10,300 ) (62,075 ) (48,774 ) Changes in unrecognized deferred taxes 21,057 (68,589 ) (69,776 ) Changes in tax rate (42,307 ) (36,193 ) 24,537 Income tax refund and others (19,419 ) (16,746 ) (26,107 ) Income tax expense ₩ 288,321 651,948 376,502 (*) The aggregated amount of profit before income tax from continuing and discontinued operations. (3) Deferred taxes directly charged to (credited from) equity for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Valuation gain (loss) on financial assets measured at fair value ₩ 167,249 (208,490 ) (166,612 ) Share of other comprehensive loss of investment in associates and joint ventures (2,972 ) (34 ) (14 ) Valuation gain (loss) on derivatives 7,649 (5,709 ) (6,886 ) Remeasurement of defined benefit liabilities (20,867 ) (3,780 ) (164 ) Gain (loss) on disposal of treasury shares and others (28,108 ) 26,970 — ₩ 122,951 (191,043 ) (173,676 ) (4) Details of the changes in deferred tax assets (liabilities) for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 Beginning Deferred tax expense Directly charged to (credited from) equity Business combinations Ending Deferred tax assets (liabilities) related to temporary differences: Loss allowance ₩ 77,357 (2,315 ) — — 75,042 Accrued interest income (166 ) (5,057 ) — (2,680 ) (7,903 ) Financial assets measured at fair value (157,828 ) (19,592 ) 167,249 — (10,171 ) Investments in subsidiaries, associates and joint ventures (31,817 ) 51,635 (2,972 ) — 16,846 Property and equipment and intangible assets (305,967 ) (46,895 ) — 257 (352,605 ) Provisions 4,198 (2,569 ) — — 1,629 Retirement benefit obligation 52,332 (875 ) (20,867 ) 29 30,619 Valuation gain on derivatives 6,336 (1,217 ) 7,649 — 12,768 Gain (loss) on foreign currency translation 21,378 (745 ) — — 20,633 Incremental costs to acquire a contract (749,871 ) 26,971 — — (722,900 ) Contract assets and liabilities (2,201 ) 6,480 — — 4,279 Right-of-use (389,502 ) (41,895 ) — — (431,397 ) Lease liabilities 381,537 47,111 — — 428,648 Others 68,481 41,691 (28,108 ) 3,652 85,716 (1,025,733 ) 52,728 122,951 1,258 (848,796 ) Deferred tax assets related to unused tax loss carryforwards and tax credit carryforwards: Tax loss carryforwards — 2,007 — — 2,007 Tax credit 84,560 5,323 — — 89,883 84,560 7,330 — — 91,890 ₩ (941,173) 60,058 122,951 1,258 (756,906 ) (In millions of won) 2021 Beginning Deferred tax expense (income) Directly charged to (credited from) equity Business combinations Spin-off Ending Deferred tax assets (liabilities) related to temporary differences: Loss allowance ₩ 91,285 (8,397 ) — — (5,531 ) 77,357 Accrued interest income (1,631 ) (2,022 ) — — 3,487 (166 ) Financial assets measured at fair value (81,055 ) (6,765 ) (208,490 ) — 138,482 (157,828 ) Investments in subsidiaries, associates and joint ventures (1,673,906 ) (281,035 ) (34 ) — 1,923,158 (31,817 ) Property and equipment and intangible assets (511,862 ) (42,456 ) — (1,023 ) 249,374 (305,967 ) Provisions 6,294 (1,436 ) — — (660 ) 4,198 Retirement benefit obligation 102,285 (3,563 ) (3,780 ) — (42,610 ) 52,332 Valuation gain (loss) on derivatives 14,767 210 (5,709 ) — (2,932 ) 6,336 Gain (loss) on foreign currency translation 21,774 (396 ) — — — 21,378 Incremental costs to acquire a contract (807,831 ) 53,492 — — 4,468 (749,871 ) Contract assets and liabilities (2,606 ) 405 — — — (2,201 ) Right-of-use (372,297 ) (35,851 ) — — 18,646 (389,502 ) Lease liabilities 362,476 38,600 — — (19,539 ) 381,537 Others 120,514 (95,537 ) 26,970 (135 ) 16,669 68,481 (2,731,793 ) (384,751 ) (191,043 ) (1,158 ) 2,283,012 (1,025,733 ) Deferred tax assets related to unused tax loss carryforwards and tax credit carryforwards: Tax loss carryforwards 88,223 7,915 — — (96,138 ) — Tax credit 39,583 45,132 — — (155 ) 84,560 127,806 53,047 — — (96,293 ) 84,560 ₩ (2,603,987 ) (331,704 ) (191,043 ) (1,158 ) 2,186,719 (941,173 ) (5) Details of temporary differences, unused tax loss carryforwards and unused tax credits carryforwards which are not recognized as deferred tax assets (liabilities), in the consolidated statements of financial position as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Loss allowance ₩ 85,969 85,998 Investments in subsidiaries, associates and joint ventures (434,253 ) (176,520 ) Other temporary differences 61,817 61,368 Unused tax loss carryforwards 229,410 347,889 Unused tax credit carryforwards — 34 (6) The amount of unused tax loss carryforwards and unused tax credit carryforwards which are not recognized as deferred tax assets as of December 31, 2022 are expiring within the following periods: (In millions of won) Unused tax loss carryforwards Less than 1 year ₩ — 1 ~ 2 years 11,544 2 ~ 3 years 14,345 More than 3 years 203,521 ₩ 229,410 |
Earnings per Share
Earnings per Share | 12 Months Ended |
Dec. 31, 2022 | |
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Earnings per Share | 32. Earnings per Share Earnings per share is calculated as the profit attributable to the owners of the parent company for common stock and dilutive potential common stock, and details are as follows. (1) Basic earnings per share 1) Basic earnings per share for the years ended December 31, 2022, 2021 and 2020 are calculated as follows: (In millions of won, except for share data) 2022 2021 2020 Basic earnings per share attributable to owners of the Parent Company: Profit attributable to owners of the Parent Company ₩ 912,400 1,217,520 648,579 Interest on hybrid bonds (14,766 ) (14,766 ) (14,766 ) Profit from continuing operation attributable to owners of the Parent Company on common shares 897,634 1,202,754 633,813 Profit from discontinued operation attributable to owners of the Parent Company on common shares — 1,190,003 855,773 Weighted average number of common shares outstanding 217,994,490 332,761,592 363,977,155 Basic earnings per share (in W Continuing operation ₩ 4,118 3,614 1,741 Discontinued operation — 3,576 2,352 2) The weighted average number of common shares outstanding for the years ended December 31, 2022, 2021 and 2020 are calculated as follows: (In shares) 2022 Number of common shares Weighted average number Issued shares as of January 1, 2022 218,833,144 218,833,144 Treasury shares as of January 1, 2022 (1,250,992 ) (1,250,992 ) Disposal of treasury shares 449,901 412,338 218,032,053 217,994,490 (In shares) 2021 Number of common shares Weighted average number Issued shares as of January 1, 2021 403,728,555 403,728,555 Treasury shares as of January 1, 2021 (47,092,790 ) (47,092,790 ) Acquisition of treasury shares (1,494,032 ) (1,383,241 ) Disposal of treasury shares 3,134,003 1,022,242 Spin-off (140,693,584 ) (23,513,174 ) 217,582,152 332,761,592 (In shares) 2020 Number of common shares Weighted average number of common shares Issued shares as of January 1, 2020 403,728,555 403,728,555 Treasury shares as of January 1, 2020 (38,046,315 ) (38,046,315 ) Acquisition of treasury shares (9,046,475 ) (1,705,085 ) 356,635,765 363,977,155 Weighted average number of common shares for comparative period has been retrospectively adjusted to reflect the effect of the stock split (see note 23 (2)). (2) Diluted earnings per share 1) Diluted earnings per share for the years ended December 31, 2022, 2021 and 2020 are calculated as follows: (In millions of won, except for share data) 2022 2021 2020 Profit from continuing operation attributable to owners of the Parent Company on common shares ₩ 897,634 1,202,754 633,813 Profit from discontinued operation attributable to owners of the Parent Company on common shares — 1,190,003 855,773 Adjusted weighted average number of common shares outstanding 218,108,742 332,917,848 364,041,895 Diluted earnings per share (in won) Continuing operation ₩ 4,116 3,613 1,741 Discontinued operation — 3,574 2,351 2) The adjusted weighted average number of common shares outstanding for the years ended December 31, 2022, 2021 and 2020 are calculated as follows: (In shares) 2022 2021 2020 Outstanding shares as of January 1 217,582,152 356,635,765 365,682,240 Effect of treasury shares 412,338 (360,999 ) (1,705,085 ) Effect of Spin-off — (23,513,174 ) — Effect of share option 114,252 156,256 64,740 Adjusted weighted average number of common shares outstanding 218,108,742 332,917,848 364,041,895 |
Dividends
Dividends | 12 Months Ended |
Dec. 31, 2022 | |
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Dividends | 33. Dividends (1) Details of dividends declared Details of dividend declared in Parent Company for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won, except for face value and share data) Year Dividend type Number of shares Face value Dividend ratio Dividends 2022 Cash dividends (Interim) 218,002,830 100 830 % ₩ 180,942 Cash dividends (Interim) 218,032,053 100 830 % 180,967 Cash dividends (Interim) 218,032,053 100 830 % 180,967 Cash dividends (Year-end) 218,032,053 100 830 % 180,967 ₩ 723,843 2021 Cash dividends (Interim) 217,616,645 100 1,635 % ₩ 355,804 Cash dividends (Year-end) 217,582,152 100 1,660 % 361,186 ₩ 716,990 2020 Cash dividends (Interim) 73,136,448 500 200 % ₩ 73,136 Cash dividends (Year-end) 71,327,153 500 1,800 % 641,944 ₩ 715,080 (2) Dividends yield ratio Dividends yield ratios for the years ended December 31, 2022, 2021 and 2020 are as follows: (In won) Year Dividend type Dividend per share Closing price at year-end Dividend yield ratio 2022 Cash dividends 3,320 47,400 7.00% 2021 Cash dividends 3,295 57,900 5.69% 2020 Cash dividends 10,000 238,000 4.20% |
Categories of Financial Instrum
Categories of Financial Instruments | 12 Months Ended |
Dec. 31, 2022 | |
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Categories of Financial Instruments | 34. Categories of Financial Instruments (1) Financial assets by category as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Financial FVTPL Equity Financial assets at Derivatives Total Cash and cash equivalents ₩ 245,982 — 1,636,309 — 1,882,291 Financial instruments 148,365 — 89,240 — 237,605 Long-term investment securities(*) 221,139 1,189,597 — — 1,410,736 Accounts receivable — trade — — 1,984,772 — 1,984,772 Loans and other receivables 332,669 — 909,003 — 1,241,672 Derivative financial assets 54,009 — — 267,151 321,160 ₩ 1,002,164 1,189,597 4,619,324 267,151 7,078,236 (*) The Group designated ₩1,189,597 million of equity instruments that are not held for trading as financial assets at FVOCI. (In millions of won) December 31, 2021 Financial FVTPL Equity Debt at FVOCI Financial assets at Derivatives Total Cash and cash equivalents ₩ 505,578 — — 367,153 — 872,731 Financial instruments 389,368 — — 119,684 — 509,052 Short-term investment securities 5,010 — — — — 5,010 Long-term investment securities(*) 203,473 1,510,428 1,177 — — 1,715,078 Accounts receivable — — — — 1,921,617 — 1,921,617 Loans and other receivables 459,959 — — 735,958 — 1,195,917 Derivative financial assets 34,933 — — — 182,661 217,594 ₩ 1,598,321 1,510,428 1,177 3,144,412 182,661 6,436,999 (*) The Group designated ₩1,510,428 million of equity instruments that are not held for trading as financial assets at FVOCI. (2) Financial liabilities by category as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Financial liabilities at Financial liabilities at Total Accounts payable — trade ₩ — 89,255 89,255 Derivative financial liabilities 302,593 — 302,593 Borrowings — 936,110 936,110 Debentures — 8,366,694 8,366,694 Lease liabilities(*) — 1,782,057 1,782,057 Accounts payable — other and others — 5,505,465 5,505,465 ₩ 302,593 16,679,581 16,982,174 (In millions of won) December 31, 2021 Financial liabilities at Financial liabilities at Derivatives Total Accounts payable — trade ₩ — 190,559 — 190,559 Derivative financial liabilities 321,025 — 111 321,136 Borrowings — 407,185 — 407,185 Debentures — 8,426,683 — 8,426,683 Lease liabilities(*) — 1,534,282 — 1,534,282 Accounts payable — other and others — 5,524,692 — 5,524,692 ₩ 321,025 16,083,401 111 16,404,537 (*) Lease liabilities are not applicable on category of financial liabilities, but are classified as financial liabilities measured at amortized cost on consideration of nature for measurement of liabilities. |
Financial Risk Management
Financial Risk Management | 12 Months Ended |
Dec. 31, 2022 | |
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Financial Risk Management | 35. Financial Risk Management (1) Financial risk management The Group is exposed to market risk, credit risk and liquidity risk. Market risk is the risk related to the changes in market prices, such as foreign exchange rates and interest rates. The Group implements a risk management system to monitor and manage these specific risks. The Group’s financial assets consist of cash and cash equivalents, financial instruments, investment securities, accounts receivable — trade and other, etc. Financial liabilities consist of accounts payable – trade and other, borrowings, debentures, lease liabilities and others. 1) Market risk (i) Currency risk The Group incurs exchange position due to revenue and expenses from its global operations. Major foreign currencies where the currency risk occur are USD, EUR and others. The Group determines the currency risk management policy after considering the nature of business and the presence of methods that mitigate the currency risk for each Group entities. The Group manages currency risk arising from business transactions by using currency forwards, etc. Currency risk occurs on forecasted transactions and recognized assets and liabilities which are denominated in a currency other than the functional currency of each group entity. Monetary assets and liabilities denominated in foreign currencies as of December 31, 2022 are as follows: (In millions of won, thousands of foreign currencies) Assets Liabilities Foreign currencies Won equivalent Foreign currencies Won equivalent USD 53,243 ₩ 67,475 1,517,930 ₩ 1,923,672 EUR 5,626 7,602 20 27 Others — 452 — 175 ₩ 75,529 ₩ 1,923,874 In addition, the Group has entered into cross currency swaps to hedge against currency risk related to foreign debentures. (See note 22) As of December 31, 2022, a hypothetical change in exchange rates by 10% would have increased (decreased) the Group’s profit before income tax as follows: (In millions of won) If increased by 10% If decreased by 10% USD ₩ 3,933 (3,933 ) EUR 758 (758 ) Others 28 (28 ) ₩ 4,719 (4,719 ) (ii) Interest rate risk The interest rate risk of the Group arises from borrowings, debentures and long-term payables – other. Since the Group’s interest bearing assets are mostly fixed-interest bearing assets, the Group’s revenue and operating cash flows from the interest-bearing assets are not influenced by the changes in market interest rates. The Group performs various analysis to reduce interest rate risk and to optimize its financing. To minimize risks arising from changes in interest rates, the Group takes various measures such as refinancing, renewal, alternative financing and hedging. As of December 31, 2022, floating-rate borrowings and debentures amount to ₩52,500 million and ₩380,190 million, respectively, and the Group has entered into interest rate swaps to hedge interest rate risk related to the floating-rate borrowings amounting to ₩12,500 million and debentures as described in note 22. If the interest rate increases (decreases) 1%p with all other variables held constant, profit before income taxes for the year ended December 31, 2022, would change by ₩400 million in relation to the floating-rate borrowings which has not entered into interest rate swaps. As of December 31, 2022, the floating-rate long-term payables — other are ₩1,690,470 million. If the interest rate increases (decreases) 1%p with all other variables held constant, profit before income taxes for the year ended December 31, 2022, would change by ₩16,905 million in relation to the floating-rate long-term payables – other that are exposed to interest rate risk. Interest rate benchmark reform and associated risks A fundamental reform of major interest rate benchmarks is being undertaken globally, including the replacement of some interbank offered rates (IBORs) with alternative nearly risk-free rates (referred to as ‘IBOR reform’). Especially, in the case of LIBOR, all of the calculations were suspended as of December 31, 2021, except for the overnight, one month, three months, six months, and 12 months of USD LIBOR, and the aforementioned five USD LIBORs will also be suspended as of June 30, 2023. The alternative interest rate benchmark of USD LIBOR is the Secured Overnight Financing Rate(“SOFR”). Meanwhile, in case of Korean CD rate, the alternative interest rate benchmark has selected as Korea Overnight Financing Repo Rate(“KOFR”) and as part of interest rate benchmark reform, the interest rate has been disclosed through Korea Securities Depository since November 26, 2021. KOFR is calculated using the overnight RP rate as collateral for government bonds and monetary stabilization bonds. However, unlike LIBOR, calculation of CD rate will not be suspended, it is unclear when and how the transition to KOFR will take place. The Group plans to include fallback clauses into financial instruments relating to LIBOR to which calculation has not been suspended yet, or change their LIBOR directly to alternative interest rates before the calculation is suspended. Meanwhile, The Group is closely monitoring market trends for CD rate-related financial instruments. The Group’s financial instruments exposed to the risk arising from interest rate benchmark reform as of December 31, 2022 are indexed to the USD LIBOR. The Group is exposed to legal risk to amend the terms of contracts on the financial instruments subject to interest rate benchmark reform as well as process and operation risks to manage such amendments. In addition, the Group is exposed to the risk of monitoring the market trend regarding the alternative interest rate and establishing the corresponding risk management strategy. If the IBOR is designated as the hedged item, the Group is required to replace it to an alternative benchmark interest and review the effects on the hedging relationship. In addition, the Group is exposed to the risk of minimizing hedge ineffectiveness by aligning the method and timing of the transition to the alternative benchmark interest applied to the hedged item and the hedging instrument. The Group evaluates the extent to which contracts reference IBOR cash flows, whether such contracts will need to be amended as a result of IBOR reform and how to manage communication about IBOR reform with counterparties. Non-derivative The Parent Company’s non-derivative Derivatives The Group’s most derivative instruments designated as cash flow hedge are governed by contracts based on the International Swaps and Derivatives Association (ISDA)’s master agreements. As part of interest rate benchmark reform, ISDA has included a new fallback clause regarding which alterative benchmark interest rate to be applied when the calculation of major IBOR is suspended in the master agreement. The master agreement is applied to derivative contracts after January 25, 2021 and the transaction parties is required to adhere to ISDA protocol to include the same fallback clause to derivative contracts before January 25, 2021. The Group has adhered to ISDA protocol for transition to the alternative benchmark interest rate and the fallback clause will be included when counterparties adhere to the protocol to include. The Group’s counterparties have adhered to ISDA protocol and agreed to include the fallback clause. Hedge accounting The Group’s hedged items and hedging instruments as of December 31, 2022 are indexed to USD LIBOR. These benchmark rates are quoted each day and the IBOR cash flows are exchanged with counterparties as usual. 2) Credit risk The maximum credit exposure as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Cash and cash equivalents ₩ 1,882,093 872,550 Financial instruments 237,605 509,052 Investment securities 900 2,077 Accounts receivable — trade 1,984,772 1,921,617 Contract assets 132,221 118,278 Loans and other receivables 1,241,672 1,195,917 Derivative financial assets 321,160 217,594 ₩ 5,800,423 4,837,085 Credit risk is the risk of financial loss to the Group if a customer or counterparty to a financial instrument fails to meet its contractual obligations. To manage credit risk, the Group evaluates the credit worthiness of each customer or counterparty considering the party’s financial information, its own trading records and other factors. Based on such information, the Group establishes credit limits for each customer or counterparty. (i) Accounts receivable — trade and contract assets The Group establishes a loss allowance in respect of accounts receivable — trade and contract assets. The main components of this allowance are a specific loss component that relates to individually significant exposures and a collective loss component established for groups of similar assets in respect of losses that are expected to occur. The collective loss allowance is determined based on historical data of collection statistics for similar financial assets. Details of changes in loss allowance for the year ended December 31, 2022 are included in note 6. (ii) Debt investments The credit risk arises from debt investments included in ₩237,605 million of financial instruments, ₩900 million of investment securities and ₩1,241,672 million of loans and other receivables. To limit the exposure to this risk, the Group transacts only with financial institutions with credit ratings that are considered to be low credit risk. Most of the Group’s debt investments are considered to have a low risk of default and the borrower has a strong capacity to meet its contractual cash flow obligations in the near term. Thus, the Group measured the loss allowance for the debt investments at an amount equal to 12-month expected credit losses. Meanwhile, the Group monitors changes in credit risk at each reporting date. The Group recognized the loss allowance at an amount equal to lifetime expected credit losses when the credit risk on the debt investments is assumed to have increased significantly if it is more than 30 days past due. The Group’s maximum exposure to credit risk is equal to each financial asset’s carrying amount. The gross carrying amounts of each financial asset except for the accounts receivable — trade and derivative financial assets as of December 31, 2022 are as follows. (In millions of won) Financial assets at FVTPL Financial assets at amortized cost 12-month ECL Lifetime ECL — not credit impaired Lifetime ECL — credit impaired Gross amount ₩ 481,935 994,868 5,592 87,862 Loss allowance — (3,081 ) (3,314 ) (83,685 ) Carrying amount ₩ 481,935 991,787 2,278 4,177 Changes in the loss allowance for the debt investments for the year ended December 31, 2022 are as follows: (In millions of won) 12-month ECL Lifetime ECL — Lifetime ECL — Total December 31, 2021 ₩ 2,787 6,190 83,033 92,010 Remeasurement of loss allowance, net 1,571 (1,517 ) 2,957 3,011 Transfer to lifetime ECL — not credit impaired (1,277 ) 1,277 — — Transfer to lifetime ECL — credit impaired — (2,636 ) 2,636 — Amounts written off — — (6,594 ) (6,594 ) Recovery of amounts written off — — 1,653 1,653 December 31, 2022 ₩ 3,081 3,314 83,685 90,080 (iii) Cash and cash equivalents The Group deposits ₩1,882,093 million of cash and cash equivalents as of December 31, 2022 (₩872,550 million as of December 31, 2021) at banks and financial institutions with credit ratings above the certain level. Impairment on cash and cash equivalents has been measured on a 12-month expected loss basis and reflects the short maturities of the exposures. The Group considered that its cash and cash equivalents have low credit risk based on the credit ratings of the counterparties assigned by external credit rating agencies. 3) Liqu idit The Group’s approach to managing liquidity is to ensure that it will always maintain sufficient cash and cash equivalents balances and have enough liquidity through various committed credit lines. The Group maintains enough liquidity within credit lines through active operating activities. Contractual maturities of financial liabilities as of December 31, 2022 are as follows: (In millions of won) Carrying Contractual Less than 1 1-5 years More than 5 years Accounts payable — trade ₩ 89,255 89,255 89,255 — — Borrowings(*) 936,110 975,960 290,024 685,936 — Debentures(*) 8,366,694 9,469,549 2,074,631 5,077,080 2,317,838 Lease liabilities 1,782,057 2,063,294 391,686 1,104,040 567,568 Accounts payable — other and others(*) 5,505,465 5,641,277 4,291,518 1,256,702 93,057 ₩ 16,679,581 18,239,335 7,137,114 8,123,758 2,978,463 (*) Includes interest payables. The Group does not expect that the cash flows included in the maturity analysis could occur significantly earlier or at different amounts. As of December 31, 2022, periods in which cash flows from cash flow hedge derivatives are expected to occur are as follows: (In millions of won) Carrying amount Contractual cash flows Less than 1 year 1-5 years Assets ₩ 267,151 281,636 169,761 111,875 (2) Capital management The Group manages its capital to ensure that it will be able to continue as a business while maximizing the return to shareholders through the optimization of its debt and equity structure. The overall strategy of the Group is the same as that of the Group as of and for the year ended December 31, 2021. The Group monitors its debt-equity ratio as a capital management indicator. This ratio is calculated as total liabilities divided by total equity from the consolidated financial statements. Debt-equity ratio as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Total liabilities ₩ 19,153,066 18,576,139 Total equity 12,155,196 12,335,138 Debt-equity ratios 157.57 % 150.60 % (3) Fair value 1) Fair value and carrying amount of financial assets and liabilities including fair value hierarchy as of December 31, 2022 are as follows: (In millions of won) December 31, 2022 Carrying Level 1 Level 2 Level 3 Total Financial assets that are measured at fair value: FVTPL ₩ 1,002,164 44,431 727,014 230,719 1,002,164 Derivative hedging instruments 267,151 — 267,151 — 267,151 FVOCI 1,189,597 993,765 — 195,832 1,189,597 ₩ 2,458,912 1,038,196 994,165 426,551 2,458,912 Financial liabilities that are measured at fair value: FVTPL ₩ 302,593 — — 302,593 302,593 Financial liabilities that are not measured at fair value: Borrowings ₩ 936,110 — 911,597 — 911,597 Debentures 8,366,694 — 7,813,420 — 7,813,420 Long-term payables — other 1,638,341 — 1,614,934 — 1,614,934 ₩ 10,941,145 — 10,339,951 — 10,339,951 2) Fair value and carrying amount of financial assets and liabilities including fair value hierarchy as of December 31, 2021 are as follows: (In millions of won) December 31, 2021 Carrying Level 1 Level 2 Level 3 Total Financial assets that are measured at fair value: FVTPL ₩ 1,598,321 55,455 1,359,915 182,951 1,598,321 Derivative hedging instruments 182,661 — 182,661 — 182,661 FVOCI 1,511,605 1,344,434 — 167,171 1,511,605 ₩ 3,292,587 1,399,889 1,542,576 350,122 3,292,587 Financial liabilities that are measured at fair value: FVTPL ₩ 321,025 — — 321,025 321,025 Derivative hedging instruments 111 — 111 — 111 ₩ 321,136 — 111 321,025 321,136 Financial liabilities that are not measured at fair value: Borrowings ₩ 407,185 — 392,237 — 392,237 Debentures 8,426,683 — 8,679,472 — 8,679,472 Long-term payables — other 2,009,833 — 2,010,852 — 2,010,852 ₩ 10,843,701 — 11,082,561 — 11,082,561 The above information does not include fair values of financial assets and liabilities of which fair values have not been measured as carrying amounts are reasonable approximation of fair values. Fair value of the financial instruments that are traded in an active market (financial assets at FVOCI and financial assets at FVTPL) is measured based on the bid price at the end of the reporting date. The Group uses various valuation methods for determination of fair value of financial instruments that are not traded in an active market. Derivative financial contracts and long-term liabilities are measured using the discounted present value methods. Other financial assets are determined using the methods such as discounted cash flow and market approach. Inputs used to such valuation methods include swap rate, interest rate, and risk premium, and the Group performs valuation using the inputs which are consistent with natures of assets and liabilities measured. Interest rates used by the Group for the fair value measurement as of December 31, 2022 are as follows: Interest rate Derivative instruments 4.18% ~ 5.20% Borrowings and debentures 4.89% ~ 5.10% Long-term payables — other 4.59% ~ 5.06% 3) There have been no transfers between Level 2 and Level 1 for the year ended December 31, 2022. The changes of financial instruments classified as Level 3 for the year ended December 31, 2022 are as follows: (In millions of won) Balance as of Gain / (Loss) OCI Acquisition Disposal Transfer Balance as of December 31, 2022 Financial assets FVTPL ₩ 182,951 42,145 1,375 48,458 (38,894 ) (5,316 ) 230,719 FVOCI 167,171 — 1,088 55,333 (26,860 ) (900 ) 195,832 ₩ 350,122 42,145 2,463 103,791 (65,754 ) (6,216 ) 426,551 Financial liabilities FVTPL ₩ (321,025 ) 18,432 — — — — (302,593 ) (4) Enforceable master netting agreement or similar agreement Carrying amounts of financial instruments recognized of which offset agreements are applicable as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Gross Amount Net financial Financial assets: Accounts receivable — trade and others ₩ 245,835 (236,921 ) 8,914 Financial liabilities: Accounts payable — other and others ₩ 244,509 (236,921 ) 7,588 (In millions of won) December 31, 2021 Gross Amount Net financial Financial assets: Accounts receivable — trade and others ₩ 197,828 (189,424 ) 8,404 Financial liabilities: Accounts payable — other and others ₩ 200,849 (189,424 ) 11,425 |
Transactions with Related Parti
Transactions with Related Parties | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Transactions with Related Parties | 36. Transactions with Related Parties (1) List of related parties Relationship Company Ultimate controlling entity SK Inc. Joint venture UTC Kakao-SK Telecom ESG Fund Associate SK China Company Ltd. and 42 others Others The Ultimate controlling entity’s subsidiaries and associates and others For the periods presented, the Group belongs to SK Group, a conglomerate as defined in the Monopoly Regulation and Fair Trade Act of the Republic of Korea (2) Compensation for the key management The Parent Company considers registered directors (three executive and five non-executive directors) who have substantial role and responsibility in planning, operations, and relevant controls of the business as key management. The compensation given to such key management for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Salaries ₩ 3,487 5,956 10,029 Defined benefits plan expenses 761 2,845 3,459 Share option 1,598 146 158 ₩5,846 8,947 13,646 Compensation for the key management includes salaries, non-monetary salaries and retirement benefits made in relation to the pension plan and compensation expenses related to share options granted. (3) Transactions with related parties for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 Scope Company Operating Operating and others(*1) Acquisition of property and equipment Ultimate Controlling Entity SK Inc.(*2) ₩ 22,162 662,247 114,895 Associates F&U Credit information Co., Ltd. 3,490 49,227 265 HanaCard Co., Ltd.(*3) 8,932 1,820 22 Daehan Kanggun BcN Co., Ltd. 20,290 — — Others(*4) 13,795 5,608 80 46,507 56,655 367 Others SK Innovation Co., Ltd. 27,524 19,598 — SK Energy Co., Ltd. 4,585 710 — SK Geo Centric Co., Ltd. 925 1 — SK Networks Co., Ltd.(*5) 4,312 904,320 288 SK Networks Service Co., Ltd. 6,110 71,432 7,891 SK Ecoplant Co., Ltd. 3,330 112 — SK hynix Inc. 60,933 75 — SK Shieldus Co., Ltd. 39,455 147,731 35,854 Content Wavve Corp. 6,797 108,760 229 Eleven Street Co., Ltd. 71,972 31,589 — SK Planet Co., Ltd. 19,753 95,261 17,481 SK RENT A CAR Co., Ltd. 14,992 15,891 — SK Magic Co., Ltd. 2,204 1,071 — Tmap Mobility Co., Ltd. 22,011 4,973 892 Onestore Co., Ltd. 17,181 24 — Dreamus Company 7,235 85,193 649 UbiNS Co., Ltd. 283 46,222 53,897 Happy Narae Co., Ltd. 1,637 24,727 143,188 Others 40,058 29,610 20,555 351,297 1,587,300 280,924 ₩ 419,966 2,306,202 396,186 (*1) Operating expenses and others include lease payments paid by the Group. (*2) Operating expenses and others include ₩272,524 million of dividends declared to be paid by the Parent Company. (*3) HanaCard Co., Ltd. was excluded from the related parties due to the disposal of the Group’s shares in the entity for the year ended December 31, 2022, and the transactions above occurred before the disposal. (*4) Operating revenue and others include ₩13,700 million of dividends deducted from the investment in associates as a result of receipt by the Group. (*5) Operating expenses and others include costs for handset purchases amounting to ₩844,157 million. (In millions of won) 2021 Scope Company Operating Operating expense and others(*1) Acquisition of property and Ultimate Controlling Entity SK Inc.(*2) ₩ 33,253 633,868 82,191 Associates F&U Credit information Co., Ltd. 3,828 50,029 — HanaCard Co., Ltd. 17,962 4,374 — SK Wyverns Co., Ltd.(*3) 202 8,203 — Daehan Kanggun BcN Co., Ltd. 10,943 — — SK China Company Ltd.(*4) 131,141 — — Others(*5) 11,778 8,356 — 175,854 70,962 — Others SK Innovation Co., Ltd. 53,445 19,093 — SK Energy Co., Ltd. 18,970 1,250 — SK Geo Centric Co., Ltd. 33,435 9 — SK TNS Co., Ltd.(*3) 75 6,868 57,903 SKC Infra Service Co., Ltd.(*3) 26 30,798 8,028 SK Networks Co., Ltd.(*6) 14,439 1,055,512 24 SK Networks Service Co., Ltd. 7,292 73,596 3,520 SK hynix Inc.(*7) 285,104 199 — Happy Narae Co., Ltd. 6,899 20,229 133,625 SK Shieldus Co., Ltd.(*8) 5,793 18,861 20,382 Content Wavve Co., Ltd. 174 78,964 — Eleven Street Co., Ltd. 2,785 5,699 — SK Planet Co., Ltd. 2,048 16,747 6,081 SK hynix Semiconductor (China) Ltd. 48,546 — — SK hynix system ic (Wuxi) Co., Ltd. 20,807 — — SK ON Hungary Kft. 38,413 — — SK RENT A CAR Co., Ltd. 5,843 18,564 — Dreamus Company 795 20,074 396 SK m&service Co., Ltd. 764 3,670 888 UbiNS Co., Ltd. 415 42,335 50,847 Others 156,055 30,762 23,428 702,123 1,443,230 305,122 ₩ 911,230 2,148,060 387,313 (*1) Operating expense and others include lease payments paid by the Group. (*2) Operating expense and others include ₩248,677 million of dividends paid by the Parent Company. (*3) Transactions occurred before the related party relationship terminated. (*4) Operating revenue and others include ₩131,141 million of dividends that were received from SK China Company Ltd. and deducted from the investment in associates. (*5) Operating revenue and others include ₩10,716 million of dividends that were received from Korea IT Fund which was deducted from the investment in associates. (*6) Operating expenses and others include costs for handset purchases amounting to ₩996,910 million. (*7) Operating revenue and others include ₩170,937 million of dividend income received from SK hynix Inc. (*8) Operating revenue and others include ₩9,637 million of dividend income received from SK Shieldus Co., Ltd. (Formerly, ADT CAPS Co., Ltd.). (In millions of won) 2020 Scope Company Operating revenue and others Operating expense and others(*1) Acquisition of property and equipment Ultimate Controlling Entity SK Inc.(*2) ₩ 40,717 596,509 76,534 Associates F&U Credit information Co., Ltd. 3,484 51,228 — SK hynix Inc.(*3) 316,001 267 — HanaCard Co., Ltd. 683 3,065 — SK Wyverns Co., Ltd. 1,279 19,354 — Content Wavve Co., Ltd. 446 56,631 — Others(*4) 65,431 12,511 78 387,324 143,056 78 Others SK Ecoplant Co., Ltd. (Formerly, SK Engineering & Construction Co., Ltd.) 12,349 238 — SK Innovation Co., Ltd. 38,999 18,464 — SK Networks Co., Ltd.(*5) 13,893 1,022,976 32 SK Networks Services Co., Ltd. 6,936 76,653 2,023 SK Telesys Co., Ltd. 388 10,751 30,453 SK TNS Co., Ltd. 1,118 43,767 496,460 SK Energy Co., Ltd. 16,009 296 — SK hynix Semiconductor (China) Ltd. 73,683 — — SK ON Hungary Kft. 19,394 — — SK Geo Centric Co., Ltd. (Formerly, SK Global Chemical Co., Ltd.) 20,667 9 — SK Global Chemical International Trading (Shanghai) Co., Ltd. 15,898 8 — HappyNarae Co., Ltd. 9,871 17,361 129,621 Others 102,141 128,268 83,693 331,346 1,318,791 742,282 ₩ 759,387 2,058,356 818,894 (*1) Operating expense and others include lease payments by the Group. (*2) Operating expense and others include ₩216,241 million of dividends paid by the Parent Company. (*3) Operating revenue and others include ₩146,100 million of dividends received from SK hynix Inc. which was deducted from the investment in associates and ₩70,495 million of disposal amounts of Yongin SK Academy training facility. (*4) Operating revenue and others include ₩18,749 million of dividends declared by Korea IT Fund and Pacific Telecom Inc. and UniSK which was deducted from the investments in associates. (*5) Operating expenses and others include costs for handset purchases amounting to ₩961,167 million. (4) Account balances with related parties as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Receivables Payables Scope Company Loans Accounts receivable – trade, Accounts Ultimate Controlling Entity SK Inc. ₩ — 2,383 103,141 Associates F&U Credit information Co., Ltd. — 64 5,682 SK USA, Inc. — — 1,519 Wave City Development Co., Ltd.(*1) — 901 — Daehan Kanggun BcN Co., Ltd.(*2) 22,147 3,199 — Others — — 65 22,147 4,164 7266 Others SK Innovation Co., Ltd. — 9,726 33,091 SK Networks Co., Ltd. — 488 113,943 Mintit Co., Ltd. — 35,058 3 SK hynix Inc. — 15,494 311 Happy Narae Co., Ltd. — 31 31,979 SK Shieldus Co., Ltd. — 14,035 17,447 Content Wavve Corp. — 349 19,244 Incross Co., Ltd. — 3,774 16,152 Eleven Street Co., Ltd. — 6,797 13,026 SK Planet Co., Ltd. — 8,190 43,238 SK RENT A CAR Co., Ltd. — 1,291 22,895 UbiNS Co., Ltd. — — 21,179 Others(*3) 16,475 13,996 41,890 16,475 109,229 374,398 ₩ 38,622 115,776 484,805 (*1) As of December 31, 2022, the Parent Company recognized loss allowance amounting to ₩379 million on accounts receivable – trade. (*2) As of December 31, 2022, the Parent Company recognized full loss allowance for the balance of loans to Daehan Kanggun BcN Co., Ltd. (*3) During the year ended December 31, 2022, SK Telecom Innovation Fund, L.P., a subsidiary of the Parent Company, entered into a convertible loan agreement for USD 13,000,000 with id Quantique SA, classified as an other related party. (In millions of won) December 31, 2021 Receivables Payables Scope Company Loans Accounts Accounts payable – other, Ultimate Controlling Entity SK Inc. ₩ — 2,092 69,652 Associates F&U Credit information Co., Ltd. — 4 5,265 Wave City Development Co., Ltd.(*1) — 2,623 — Daehan Kanggun BcN Co., Ltd.(*2) 22,147 3,857 — HanaCard Co., Ltd. — 529 48,020 Others — 84 1,197 22,147 7,097 54,482 Others SK Innovation Co., Ltd. — 3,022 38,022 SK Networks Co., Ltd. — 241 198,631 Mintit Co., Ltd. — 17,929 131 SK hynix Inc. — 11,526 166 Happy Narae Co., Ltd. — 6 49,349 SK m&service Co., Ltd. — 1,453 18,921 SK Shieldus Co., Ltd. — 2,649 24,593 Content Wavve Co., Ltd. — 183 9,873 Incross Co., Ltd. — 3,610 11,829 Eleven Street Co., Ltd. — 2,851 7,782 SK Planet Co., Ltd. — 668 31,652 SK RENT A CAR Co., Ltd. — 116 16,715 UbiNS Co., Ltd. — 24 14,932 Others — 8,307 29,106 — 52,585 451,702 ₩ 22,147 61,774 575,836 (*1) As of December 31, 2021, the Parent Company recognized loss allowance amounting to ₩1,102 million on the accounts receivable — trade. (*2) As of December 31, 2021, the Parent Company recognized full loss allowance for the balance of loans to Daehan Kanggun BcN Co., Ltd. (5) The Group has granted SK REIT Co., Ltd. The right of first offer regarding the disposal of real estate owned by the Group. Whereby, the negotiation period is within 3 to 5 years from June 30, 2021, date of agreement, and the Group has been granted the right by SK REIT Co., Ltd. to lease the real estate in preference to a third party if SK REIT Co., Ltd. purchases the real estate from the Group. (6) The details of additional investments and disposal of associates and joint ventures for the year ended December 31, 2022 as presented in note 12. |
Commitments and Contingencies
Commitments and Contingencies | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Commitments and Contingencies | 37. Commitments and Contingencies (1) Collateral assets and commitments SK Broadband Co., Ltd., a subsidiary of the Parent Company, has pledged its properties as collateral for leases on buildings in the amount of ₩1,513 million as of December 31, 2022. Meanwhile, PanAsia Semiconductor Materials LLC., a subsidiary of the Parent Company, has pledged its ₩21,981 million of equity instruments at FVTPL on ₩12,998 million of short-term borrowings as of December 31, 2022. (2) Legal claims and litigations As of December 31, 2022, the Group is involved in various legal claims and litigation. Provision recognized in relation to these claims and litigation is immaterial. In connection with those legal claims and litigation for which no provision was recognized, management does not believe the Group has a present obligation, nor is it expected any of these claims or litigation will have a significant impact on the Group’s financial position or operating results in the event an outflow of resources is ultimately necessary. (3) Accounts receivable from sale of handsets The sales agents of the Parent Company sell handsets to the Parent Company’s subscribers on an installment basis. The Parent Company entered into comprehensive agreements to purchase accounts receivable from handset sales with retail stores and authorized dealers and to transfer the accounts receivable from handset sales to special purpose companies which were established with the purpose of liquidating receivables, respectively. The accounts receivable from sale of handsets amounting to ₩357,467 million and ₩493,277 million as of December 31, 2022 and 2021, respectively, which the Parent Company purchased according to the relevant comprehensive agreement are recognized as accounts receivable – other and long-term accounts receivable – other. (4) Commitment of the acquisition and disposal of shares The Board of Directors of the Parent Company resolved the acquisition and disposal of certain shares in order to strengthen the strategic alliance with Hana Financial Group Inc. (“HFG”) at the Board of Directors’ meeting held on July 22, 2022. In accordance with the resolution, as of July 27, 2022, the Parent Company disposed of its entire common shares of HanaCard Co., Ltd. (39,902,323 shares) and entire common shares of Finnq Co., Ltd. (6,370,000 shares) to HFG for ₩330,032 million and ₩5,733 million, respectively. Through the agreement with HFG, the Parent Company is obligated to acquire HFG’s common shares from July 27, 2022 to January 31, 2024, after depositing ₩330,032 million in a specific money trust, and the Parent Company completed the acquisition of the shares for the year ended December 31, 2022. As a part of the aforementioned transaction, as of July 27, 2022, the Parent Company disposed of its entire common shares of SK Square Co., Ltd. (767,011 shares) to HanaCard Co., Ltd. for ₩31,563 million, and HanaCard Co., Ltd. is obligated to acquire the Parent Company’s common shares from July 27, 2022 to January 31, 2024, after depositing ₩68,437 million in a specific money trust. Before March 31, 2025, the Parent Company, HFG, and HanaCard Co., Ltd. may not dispose of shares they have acquired or will acquire under the aforementioned transaction. (5) The acquisition cost of property and equipment and intangible assets to be incurred in subsequent periods under arrangements is ₩26,374 million as of December 31, 2022. |
Statements of Cash Flows
Statements of Cash Flows | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Statements of Cash Flows | 38. Statements of Cash Flows (1) Adjustments for income and expenses from operating activities for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Interest income ₩ (58,472 ) (43,850 ) (50,357 ) Dividends (2,552 ) (14,132 ) (1,170 ) Gain on foreign currency translations (2,095 ) (10,753 ) (8,928 ) Gain on sale of accounts receivable — other (1,043 ) (27,725 ) (22,605 ) Gain (loss) relating to investments in associates and joint ventures, net 81,707 (1,948,447 ) (1,028,403 ) Gain on disposal of property and equipment and intangible assets (15,985 ) (40,109 ) (35,644 ) Gain on business transfer — (82,248 ) (12,455 ) Gain relating to financial instruments at FVTPL (94,393 ) (91,244 ) (145,016 ) Other income (6,515 ) (10,369 ) (4,220 ) Interest expense 328,307 342,342 399,176 Loss on foreign currency translations 3,814 8,005 12,730 Loss on sale of accounts receivables-other 61,841 — — Loss on disposal of long-term investment securities — — 98 Income tax expense 288,321 651,948 376,502 Expense related to defined benefit plan 134,509 190,462 198,794 Share option 84,463 91,646 4,313 Bonus paid by treasury shares 25,425 29,643 — Depreciation and amortization 3,755,312 4,114,394 4,169,996 Bad debt for accounts receivables — trade 27,053 31,546 48,625 Loss on disposal of property and equipment and intangible assets 20,465 47,369 41,598 Impairment loss on property and equipment and intangible assets 17,027 3,135 208,833 Bad debt for accounts receivable — other 3,011 6,001 10,559 Loss relating to financial instruments at FVTPL 41,597 76,142 27,082 Loss on disposal of investment assets 1,283 — — Other financial fees — 142,015 44,734 Other expenses 26,358 8,008 22,412 ₩ 4,719,438 3,473,779 4,256,654 (2) Changes in assets and liabilities from operating activities for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Accounts receivable — trade ₩ (60,546 ) (95,374 ) (33,410 ) Accounts receivable — other 54,988 (152,038 ) (50,003 ) Advanced payments (25,377 ) (43,212 ) (945 ) Prepaid expenses 11,989 77,404 112,270 Inventories 39,633 (70,601 ) (7,219 ) Long-term accounts receivable — other (74,729 ) 83,658 26,027 Contract assets (13,400 ) (11,582 ) 1,528 Guarantee deposits 6,245 8,125 26,122 Accounts payable — trade (101,465 ) 12,312 3,023 Accounts payable — other 369,693 (109,476 ) 311,737 Withholdings 4,964 (55,925 ) 33,348 Contract liabilities 18,910 (2,158 ) 35,426 Deposits received 99 (3,737 ) (1,028 ) Accrued expenses 116,039 7,505 61,848 Provisions (20 ) (19,324 ) (30,773 ) Long-term provisions (13,792 ) (260 ) (548 ) Plan assets (132,131 ) (51,697 ) (145,214 ) Retirement benefit payment (79,117 ) (114,897 ) (76,987 ) Others (3,877 ) (27,418 ) 37,256 ₩ 118,106 (568,695 ) 302,458 (3) Significant non-cash (In millions of won) 2022 2021 2020 Increase (decrease) in accounts payable — other relating to the acquisition of property and equipment and intangible assets ₩ (39,977 ) 1,063,800 (426,723 ) Increase of right-of-use 720,932 672,723 736,157 Merger of Tbroad Co., Ltd. and two other companies by SK Broadband Co., Ltd. — — 1,072,487 Change in assets and liabilities by spin-off — 14,379,397 — Retirement of treasury shares — 1,965,952 — Disposal of treasury shares (Congratulatory bonus for spin-off) — 114,373 — Transfer from property and equipment to investment property 4,732 23,034 — (4) Reconciliation of liabilities arising from financing activities for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 Non-cash January 1, 2022 Cash flows Exchange rate Fair value Business combinations Other December 31, 2022 Total liabilities from financing activities: Short-term borrowings ₩ 12,998 130,000 — — — — 142,998 Long-term borrowings 394,187 398,529 — — — 397 793,113 Debentures 8,426,683 (189,878 ) 122,350 — — 7,538 8,366,693 Lease liabilities 1,534,281 (401,054 ) — — 6,503 642,327 1,782,057 Long-term payables — other 2,009,833 (400,245 ) — — — 28,753 1,638,341 Derivative financial liabilities 111 — — (111 ) — — — Derivative financial assets (182,661 ) 768 — (85,258 ) — — (267,151 ) ₩ 12,195,432 (461,880 ) 122,350 (85,369 ) 6,503 679,015 12,456,051 Other cash flows from financing activities: Payments of cash dividends ₩ (904,020 ) Payments of interest on hybrid bonds (14,766 ) Cash inflow from transactions with the non-controlling 31,151 Cash outflow from transactions with the non-controlling (367 ) (888,002 ) ₩ (1,349,882 ) (*) The effect of changes in foreign exchange rates for financial liabilities at amortized cost. (In millions of won) 2021 Non-cash January 1, Cash flows Exchange rate changes(*) Fair value Business combinations Spin-off Other December 31, Total liabilities from financing activities: Short-term borrowings ₩ 109,998 (50,823 ) — — 1,825 (48,510 ) 508 12,998 Long-term borrowings 2,028,924 63,132 600 — 662 (1,703,300 ) 4,169 394,187 Debentures 8,579,743 (16,755 ) 145,584 — — (295,544 ) 13,655 8,426,683 Lease liabilities 1,436,777 (431,674 ) — — 497 (85,322 ) 614,003 1,534,281 Long-term payables — other 1,566,954 (426,267 ) — — — — 869,146 2,009,833 Derivative financial liabilities 54,176 332 — (42,282 ) — (12,115 ) — 111 Derivative financial assets (65,136 ) — — (117,525 ) — — — (182,661 ) Financial liabilities at FVTPL — 129,123 — 7,996 — (137,119 ) — — ₩ 13,711,436 (732,932 ) 146,184 (151,811 ) 2,984 (2,281,910 ) 1,501,481 12,195,432 Other cash flows from financing activities: Payments of cash dividends ₩ (1,028,520 ) Payments of interest on hybrid bonds (14,766 ) Acquisition of treasury shares (76,111 ) Cash inflow from transactions with the non-controlling 444,124 Cash outflow from transactions with the non-controlling (19,406 ) Cash outflow from spin-off (626,000 ) (1,320,679 ) ₩ (2,053,611 ) (*) The effect of changes in foreign exchange rates for financial liabilities at amortized cost. |
Emissions Liabilities
Emissions Liabilities | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Emissions Liabilities | 39. Emissions Liabilities (1) The quantity of emissions rights allocated free of charge for each implementation year as of December 31, 2022 are as follows: (In tCO2-eQ) Quantities allocated in 2020 Quantities Quantities 2022 Total Emissions rights allocated free of charge 814,842 1,387,671 1,410,823 3,613,336 (2) Changes in emissions rights quantities the Parent Company held are as follows: (In tCO2-eQ) Quantities 2020 Quantities allocated in 2021 Quantities 2022 Total Beginning (60,977 ) 306,234 281,234 526,491 Allocation at no cost 814,842 1,387,671 1,410,823 3,613,336 Additional allocation 217,643 — — 217,643 Other changes — (8,049 ) 3,573 (4,476 ) Purchase 68,471 — — 68,471 Surrender or shall be surrendered (1,039,979 ) (1,424,476 ) (1,421,550 ) (3,886,005 ) Borrowing — 19,854 108,790 128,644 Ending — 281,234 382,870 664,104 (3) As of December 31, 2022, the estimated annual greenhouse gas emissions quantities of the Parent Company are 1,533,206 tCO2-eQ. |
Non-current Assets Held for Sal
Non-current Assets Held for Sale | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Non-current Assets Held for Sale | 40. Non-current (1) On February 25, 2021, the Parent Company has decided to dispose of the investments in an associate engaged in mobility business to Tmap Mobility Co., Ltd. pursuant to the approval of the Board of Directors and reclassified entire shares of the investments in associates as non-current (In millions of won) December 31, 2021 Investments in associates Carrot General Insurance Co., Ltd. ₩ 8,734 (2) The Group classified investment securities scheduled to be liquidated as non-current (In millions of won) December 31, 2022 Investments in associates Daekyo Wipoongdangdang Contents Korea Fund ₩ 1,062 FVTPL Digital Content Korea Fund 3,645 InterVest Fund 107 Central Fusion Content Fund 1,563 5,315 ₩ 6,377 |
Spin-Off
Spin-Off | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Spin Off | 41. Spin-off (1) In accordance with the resolution of the Board of Directors held on June 10, 2021 and shareholders’ meeting held on October 12, 2021, the Parent Company completed the spin-off spin-off spin-off Method of spin-off Horizontal spin-off Company SK Telecom Co., Ltd. (Surviving Company) SK Square Co., Ltd. (Spin-off Company) Effective date of spin-off November 1, 2021 (2) The details of financial information due to the spin-off 1) Statements of Income The details of profit or loss from discontinued operations for the years ended December 31, 2021, 2020 are as follows: (In millions of won) 2021 2020 Operating revenue and other operating income ₩ 2,469,329 2,541,133 Revenue 2,383,083 2,536,904 Other income 86,246 4,229 Operating expenses: 2,396,324 2,471,519 Labor 824,505 897,676 Commission 349,344 244,074 Depreciation and amortization 287,412 326,417 Network interconnection 863 762 Advertising 158,512 159,589 Rent 2,754 2,115 Cost of goods sold 426,161 502,469 Others 346,773 338,417 Operating profit 73,005 69,614 Finance income 47,417 100,511 Finance costs 269,823 174,250 Gain relating to investments in subsidiaries, associates and joint ventures, 1,502,147 975,947 Profit before income tax 1,352,746 971,822 Income tax expense 205,152 155,240 Profit from discontinued operations, net of taxes ₩ 1,147,594 816,582 2) Statements of Cash Flows The details of cash flows from discontinued operations for the years ended December 31, 2021 and 2020 are as follows: (In millions of won) 2021 2020 Cash flows from operating activities ₩ 59,255 495,696 Cash flows from investing activities (967,053 ) (483,599 ) Cash flows from investing activities (88,872 ) (22,902 ) (3) The details of assets and liabilities derecognized from the financial statements due to the spin-off spin-off, spin-off spin-off spin-off (In millions of won) Amount Current assets ₩ 2,608,601 Non-current 19,269,615 Total assets ₩ 21,878,216 Current liabilities ₩ 2,161,458 Non-current 4,676,324 Total liabilities ₩ 6,837,782 Net assets ₩ 15,040,434 (4) As of November 1, 2021, the Parent Company has split the business division for the purpose of new investments and management of shares in related investee companies belong to semiconductors and New ICT sector. The Parent Company has the obligation to jointly and severally reimburse the liabilities incurred by the Parent Company prior to the spin-off spin-off 530-9 |
Cash Dividends paid to the Pare
Cash Dividends paid to the Parent Company | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Cash Dividends paid to the Parent Company | 42. Cash Dividends paid to the Parent Company Cash dividends paid to the Parent Company for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Cash dividends received from consolidated subsidiaries ₩ 35,733 12,646 119,036 Cash dividends received from associates 13,700 312,793 164,850 ₩ 49,443 325,439 283,886 |
Subsequent Events
Subsequent Events | 12 Months Ended |
Dec. 31, 2022 | |
Subsequent Events [Abstract] | |
Subsequent Events | 43. Subsequent Events On February 7, 2023, the Board of Directors of the Parent Company approved the disposal of treasury shares and details of the transaction are as follows: Information of disposal Number of treasury shares 324,580 Common shares Price of the treasury per shares (in won) ₩46,700 Aggregate disposal value ₩15,158 million Disposal date February 9, 2023 Purpose of disposal Allotment of shares as bonus payment Method of disposal Over-the-counter |
Significant Accounting Polici_2
Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2022 | |
Statement [LineItems] | |
Operating segments | (1) Operating segments An operating segment is a component of the Group that engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses that relate to transactions with any of the Group’s other components. The Group’s operating segments have been determined to be each business unit, for which the Group generates separately identifiable financial information that is regularly reported to the chief operating decision maker for the purpose of resource allocation and assessment of segment performance. The Group has three reportable segments as described in note 4. Segment results that are reported to the chief operating decision maker include items directly attributable to a segment as well as those that can be allocated on a reasonable basis. |
Basis of consolidation | (2) Basis of consolidation (a) Business combination A business combination is accounted for by applying the acquisition method, unless it is a combination involving entities or businesses under common control. In determining whether a particular set of activities and assets is a business, the Group assesses whether the set of assets and activities acquired includes, at a minimum, an input and substantive process and whether the acquired set has the ability to produce outputs. The Group has an option to apply a ‘concentration test’ that permits a simplified assessment of whether an acquired set of activities and assets is not a business. The optional concentration test is met if substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or group of similar identifiable assets. Consideration transferred is generally measured at fair value, identical to the measurement of identifiable net assets acquired at fair value. The difference between the acquired company’s fair value and the consideration transferred is accounted for goodwill. Any goodwill that arises is tested annually for impairment. Any gain on a bargain purchase is recognized in profit or loss immediately. Acquisition-related costs are expensed in the periods in which the costs are incurred and the services are received, except if related to the costs to issue debt or equity securities recognized based on IAS 32 and IFRS 9. Consideration transferred does not include the amount settled in relation to the pre-existing Contingent consideration is measured at fair value at the acquisition date. Contingent consideration classified as equity is not remeasured and its subsequent settlement is accounted for within equity. If contingent consideration is not classified as equity, the Group subsequently recognizes changes in fair value of contingent consideration through profit or loss. (b) Non-controlling Non-controlling Changes in a Controlling Company’s ownership interest in a subsidiary that do not result in the Controlling Company losing control of the subsidiary are accounted for as equity transactions. (c) Subsidiaries Subsidiaries are entities controlled by the Group. The Group controls an investee when it is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Consolidation of an investee begins from the date the Group obtains control of the investee and cease when the Group loses control of the investee. (d) Loss of control If the Group loses control of a subsidiary, the Group derecognizes the assets and liabilities of the former subsidiary from the consolidated statement of financial position and recognizes gain or loss associated with the loss of control attributable to the former controlling interest. Any investment retained in the former subsidiary is recognized at its fair value when control is lost. (e) Interest in investees accounted for using the equity method Interest in investees accounted for using the equity method composed of interest in associates and joint ventures. An associate is an entity in which the Group has significant influence, but not control, over the entity’s financial and operating policies. A joint venture is a joint arrangement whereby the Group that has joint control of the arrangement has rights to the net assets of the arrangement. The investment in an associate and a joint venture is initially recognized at cost including transaction costs and the carrying amount is increased or decreased to recognize the Group’s share of the profit or loss and changes in equity of the associate or the joint venture after the date of acquisition. (f) Intra-group transactions Intra-group balances and transactions, and any unrealized income and expenses arising from intra-group transactions, are eliminated in preparing the consolidated financial statements. The Group’s share of unrealized gain incurred from transactions with investees accounted for using the equity method are eliminated and unrealized loss are eliminated using the same basis if there are no evidence of asset impairments. (g) Business combinations under common control SK Inc. is the ultimate controlling entity of the Group. The assets and liabilities acquired under business combination under common control are recognized at the carrying amounts in the ultimate controlling shareholder’s consolidated financial statements. The difference between consideration and carrying amount of net assets acquired is added to or subtracted from capital surplus and others. |
Cash and cash equivalents | (3) Cash and cash equivalents Cash and cash equivalents comprise cash balances, call deposits and investment securities with maturities of three months or less from the acquisition date that are easily convertible to cash and subject to an insignificant risk of changes in their fair value. |
Inventories | (4) Inventories Inventories are initially recognized at the acquisition cost and subsequently measured using the weighted average method. During the period, a perpetual inventory system is used to track inventory quantities, which is adjusted based on the physical inventory counts performed at the period end. When the net realizable value of inventories is less than cost, the carrying amount is reduced to the net realizable value, and any difference is charged to current period as operating expenses. |
Derivative financial instruments, including hedge accounting | (6) Derivative financial instruments, including hedge accounting Derivatives are initially recognized at fair value. Subsequent to initial recognition, derivatives are measured at fair value at the end of each reporting period, and changes therein are accounted for as described below. (a) Hedge accounting The Group holds forward exchange contracts, interest rate swaps, currency swaps and other derivative contracts to manage interest rate risk and foreign exchange risk. The Group designates derivatives as hedging instruments to hedge the variability in cash flow associated with highly probable forecasted transactions or firm commitments (a cash flow hedge). On initial designation of the hedge, the Group formally documents the relationship between the hedging instrument(s) and hedged item(s), including the risk management objectives and strategy in undertaking the hedge transaction, together with the methods that will be used to assess the effectiveness of the hedging relationship. Hedges directly affected by interest rate benchmark reform When uncertainty arises about the interest rate benchmark designated as a hedged risk and the timing or the amount of the interest rate benchmark-based For a cash flow hedge of a forecast transaction, the Group assumes that the benchmark interest rate will not be altered as a result of interest rate benchmark reform for the purpose of assessing whether the forecast transaction is highly probable and determining whether a previously designated forecast transaction in a discontinued cash flow hedge is still expected to occur. The Group will cease applying the specific policy for assessing the economic relationship between the hedged item and the hedging instrument • to a hedged item or hedging instrument when the uncertainty arising from interest rate benchmark reform is no longer present with respect to the timing and the amount of the interest rate benchmark-based • when the hedging relationship is discontinued. When the basis for determining the contractual cash flows of the hedged item or hedging instrument changes as a result of IBOR reform and therefore there is no longer uncertainty arising about the cash flows of the hedged item or the hedging instrument, the Group amends the hedge documentation of that hedging relationship to reflect the change(s) required by IBOR reform. The Group amends the formal hedge documentation by the end of the reporting period during which a change required by IBOR reform is made to the hedged risk, hedged item or hedging instrument. These amendments in the formal hedge documentation do not constitute the discontinuation of the hedging relationship or the designation of a new hedging relationship. If changes are made in addition to those changes required by interest rate benchmark reform to the financial asset or financial liability designated in a hedging relationship or to the designation of the hedging relationship, the Group determines whether those additional changes result in the discontinuation of hedging accounting. If the additional changes do not result in the discontinuation of hedging accounting, the Group amend the formal designation of the hedging relationship. When the interest rate benchmark on which the hedged future cash flows had been based is changed as required by IBOR reform, for the purpose of determining whether the hedged future cash flows are expected to occur, the Group deems that the hedging reserve recognized in OCI for that hedging relationship is based on the alternative benchmark rate on which the hedged future cash flows will be based. Cash flow hedge When a derivative is designated to hedge the variability in cash flows attributable to a particular risk associated with a recognized asset or liability or a highly probable forecasted transaction that could affect profit or loss, the effective portion of changes in the fair value of the derivative is recognized in other comprehensive income, net of tax, and presented in the hedging reserve in equity. Any ineffective portion of changes in the fair value of the derivative is recognized immediately in profit or loss. If the hedging instrument no longer meets the criteria for hedge accounting, expires or is sold, terminated, exercised, or the designation is revoked, then hedge accounting is discontinued prospectively. The cumulative gain or loss on the hedging instrument that has been recognized in other comprehensive income is reclassified to profit or loss in the periods during which the forecasted transaction occurs. If the forecasted transaction is no longer expected to occur, then the balance in other comprehensive income is recognized immediately in profit or loss. (b) Other derivative financial instruments Other derivative financial instrument not designated as a hedging instrument are measured at fair value, and the changes in fair value of the derivative financial instrument is recognized immediately in profit or loss. |
Property and equipment | (7) Property and equipment Property and equipment are initially measured at cost. The cost of property and equipment includes expenditures arising directly from the construction or acquisition of the asset, any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management and the initial estimate of the costs of dismantling and removing the item and restoring the site on which it is located. Property and equipment, subsequently, are carried at cost less accumulated depreciation and accumulated impairment losses. Subsequent costs are recognized in the carrying amount of property and equipment at cost or, if appropriate, as a separate item if it is probable that future economic benefits associated with the item will flow to the Group and the cost of the item can be reliably measured. The carrying amount of the replaced part is derecognized. The costs of the day-to-day Property and equipment, except for land, are depreciated on a straight-line basis over estimated useful lives that appropriately reflect the pattern in which the asset’s future economic benefits are expected to be consumed. A component that is significant compared to the total cost of property and equipment is depreciated over its separate useful life. Gains and losses on disposal of an item of property and equipment are determined by comparing the proceeds from disposal with the carrying amount of property and equipment and are recognized as other operating The estimated useful lives of the Group’s property and equipment are as follows: Useful lives (years) Buildings and structures 15 ~ 40 Machinery 3 ~ 15, 30 Other property and equipment 3 ~10 Right-of-use 1 ~ 50 The Group reviews estimated residual values, expected useful lives, and depreciation methods annually at the end of each reporting date and adjusts, if appropriate. The change is accounted for as a change in an accounting estimate. |
Borrowing costs | (8) Borrowing costs The Group capitalizes borrowing costs directly attributable to the acquisition, construction or production of a qualifying asset as part of the cost of that asset. Other borrowing costs are recognized in expense as incurred. A qualifying asset is an asset that requires a substantial period of time to get ready for its intended use or sale. Financial assets are not qualifying assets, and assets that are ready for their intended use or sale when acquired are not qualifying assets either. To the extent that the Group borrows funds specifically for the purpose of obtaining a qualifying asset, the Group determines the amount of borrowing costs eligible for capitalization as the actual borrowing costs incurred on that borrowing during the period less any investment income on the temporary investment of those borrowings. To the extent that the Group borrows funds generally and uses them for the purpose of obtaining a qualifying asset, the Group determines the amount of borrowing costs eligible for capitalization by applying a capitalization rate to the expenditures on that asset. The capitalization rate is the weighted average of the borrowing costs applicable to the borrowings of the Group that are outstanding during the period other than borrowings made specifically for the purpose of obtaining a qualifying asset. The amount of borrowing costs that the Group capitalizes during a period do not exceed the amount of borrowing costs incurred during the period. |
Intangible assets | (9) Intangible assets Intangible assets are measured initially at cost and, subsequently, are carried at cost less accumulated amortization and accumulated impairment losses , as applicable . Intangible assets, except for goodwill, are amortized on a straight-line basis over the estimated useful lives of intangible assets from the date that they are available for use. The residual value of intangible assets is zero. However, club memberships and brand are expected to be available for use as there are no foreseeable limits to the periods. These intangible assets are determined as having indefinite useful lives and, therefore, not amortized. The estimated useful lives of the Group’s intangible assets are as follows: Useful lives (years) Frequency usage rights 2.4 ~ 10 Land usage rights 5 Industrial rights 5, 10 Development costs 5 Facility usage rights 10, 20 Customer relations 3 ~ 15 Other 3 ~ 20 Amortization periods and the amortization methods for intangible assets with finite useful lives are reviewed at the end of each reporting period. The useful lives of intangible assets that are not being amortized are reviewed at the end of each reporting period to determine whether events and circumstances continue to support indefinite useful life assessments for those assets. Changes, if appropriate, are accounted for as changes in accounting estimates. Expenditures on research activities are recognized in profit or loss as incurred. Development expenditures are capitalized only if development costs can be reliably measured, the product or process is technically and commercially feasible, future economic benefits are probable, and the Group intends to and has sufficient resources to complete development and to use or sell the asset. Other development expenditures are recognized in profit or loss as incurred. Subsequent expenditures are capitalized only when they increase the future economic benefits embodied in the specific asset to which it relates. All other expenditures, including expenditures on internally generated goodwill and brands, are recognized in profit or loss as incurred. |
Government grants | (10) Government grants Government grants are not recognized unless there is reasonable assurance that the Group will comply with the grant’s conditions and that the grant will be received. (a) Grants related to assets Government grants whose primary condition is that the Group purchases, constructs, or otherwise acquires a long-term asset are deducted in calculating the carrying amount of the asset. The grant is recognized in profit or loss over the life of a depreciable asset as a reduction to depreciation expense. (b) Grants related to income Government grants which are intended to compensate the Group for expenses incurred are deducted from the related expenses. |
Investment property | (11) Investment property Investment properties are properties held to earn rent i ncome Subsequent expenditures are recognized in carrying amount of an asset or as a separate asset if it is probable that future economic benefits associated with the assets will flow into the Group and the cost of an asset can be measured reliably. The carrying amount of those parts that are replaced is derecognized. The costs associated with routine maintenance and repairs are recognized in profit or loss as incurred. Investment property, except for land, is depreciated on a straight-line basis over estimated useful lives of 30 years. In addition, right-of-use straight-line The depreciation method, estimated useful lives and residual values are reviewed at the end of each reporting date and adjusted, if appropriate. The change is accounted for as a change in an accounting estimate. |
Impairment of non-financial assets | (12) Impairment of non-financial The carrying amounts of the Group’s non-financial non-current The Group estimates the recoverable amount of an individual asset, and if it is impossible to measure the individual recoverable amount of an asset, the Group estimates the recoverable amount of cash-generating unit (“CGU”). A CGU is the smallest identifiable group of assets that generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. The recoverable amount of an asset or CGU is the greater of its value in use and its fair value less costs to sell. The value in use is estimated by applying a pre-tax An impairment loss is recognized in profit or loss to the extent the carrying amount of the asset exceeds its recoverable amount. Goodwill acquired in a business combination is allocated to each CGU that is expected to benefit from the synergy arising from the business acquired. Any impairment identified at the CGU level will first reduce the carrying amount of goodwill and then be used to reduce the carrying amount of the other assets in the CGU on a pro rata basis. Except for impairment losses in respect of goodwill which are never reversed, an impairment loss is reversed if there has been a change in the estimates used to determine the recoverable amount. An impairment loss is reversed only to the extent that the asset’s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized. |
Leases | (13) Leases A contract is or contains a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. (a) Group as a lessee At commencement or on modification of a contract that contains a lease component, the Group allocates the consideration in the contract to each lease component on the basis of its relative stand-alone prices. However, the Group has elected not to separate non-lease non-lease The Group recognizes a right-of-use right-of-use The right-of-use straight-line right-of-use right-of-use right-of-use The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Group’s incremental borrowing rate. Generally, the Group uses its incremental borrowing rate as the discount rate. The Group determines its incremental borrowing rate by obtaining interest rates from various external financing sources and makes certain adjustments to reflect the terms of the lease and type of the asset leased. Lease payments included in the measurement of the lease liability comprise the following: • fixed payments, including in-substance • variable lease payments that depend on an index or a rate, initially measured using the index or rate as at the commencement date; • amounts expected to be payable under a residual value guarantee; and • the exercise price under a purchase option that the Group is reasonably certain to exercise, lease payments in an optional renewal period if the Group is reasonably certain to exercise an extension option, and penalties for early termination of a lease unless the Group is reasonably certain not to terminate early. The lease liability is measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Group’s estimate of the amount expected to be payable under a residual value guarantee, if the Group changes its assessment of whether it will exercise a purchase, extension or termination option or if there is a revised in-substance When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use right-of-use The Group presents right-of-use The Group has elected not to recognize right-of-use low-value (b) Group as a lessor At inception or on modification of a contract that contains a lease component, the Group allocates the consideration in the contract to each lease component on the basis of their relative stand-alone prices. When the Group acts as a lessor, it determines at lease inception whether each lease is a finance lease or an operating lease. To classify each lease, the Group makes an overall assessment of whether the lease transfers substantially all of the risks and rewards incidental to ownership of the underlying asset. If this is the case, then the lease is a finance lease; if not, then it is an operating lease. As part of this assessment, the Group considers certain indicators such as whether the lease is for the major part of the economic life of the asset. When the Group is an intermediate lessor, is accounts for its interests in the head lease and the sub-lease sub-lease right-of-use sub-lease If an arrangement contains lease and non-lease The Group applies derecognition and impairment requirements in IFRS 9 to the net investment in the lease. The Group further regularly reviews estimated unguaranteed residual values used in calculating the gross investment in the lease. The Group recognizes lease payments received under operating leases as income on a straight-line basis over the lease term as part of ‘other revenue’. |
Non-current assets held for sale | (14) Non-current Non-current held for sale, the assets (or disposal groups) must be available for immediate sale in their present condition and their sale must be highly probable. The assets or disposal groups that are classified as non-current A non-current |
Non-derivative financial liabilities | (15) Non-derivative The Group classifies non-derivative (a) Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss include financial liabilities held for trading or designated as such upon initial recognition. Subsequent to initial recognition, these liabilities are measured at fair value. The amount of change in fair value of financial liability that is attributable to changes in the credit risk of that liability shall be presented in other comprehensive income, and the remaining amount of change in the fair value of the liability shall be presented in profit or loss. Upon initial recognition, transaction costs that are directly attributable to the issue of the financial liability are recognized in profit or loss as incurred. (b) Other financial liabilities Non-derivative (c) Derecognition of financial liability The Group extinguishes a financial liability only when the contractual obligation is fulfilled, canceled or expires. The Group recognizes new financial liabilities at fair value based on new contracts and eliminates existing liabilities when the contractual terms of the financial liabilities change and the cash flows change substantially. When a financial liability is derecognized, the difference between the carrying amount and the consideration paid (including any transferred non-cash |
Employee benefits | (16) Employee benefits (a) Short-term employee benefits Short-term employee benefits are employee benefits that are due to be settled within 12 months after the end of the period in which the employees render related services. When an employee has rendered a service to the Group during an accounting period, the Group recognizes the undiscounted amount of short-term employee benefits expected to be paid in exchange for that service. (b) Other long-term employee benefits Other long-term employee benefits include employee benefits that are settled beyond 12 months after the end of the period in which the employees render related services. The Group’s net obligation in respect of long-term employee benefits is the amount of future benefit that employees have earned in return for their service in the current and prior periods. That benefit is discounted to determine its present value. Remeasurements are recognized in profit or loss in the period in which they arise. (c) Retirement benefits: defined contribution plans When an employee has rendered a service to the Group during a period, the Group recognizes the contribution payable to a defined contribution plan in exchange for that service as a liability (accrued expense), after deducting any contribution already paid. If the contribution already paid exceeds the contribution due for service before the end of the reporting period, the Group recognizes that excess as an asset (prepaid expense) to the extent that the prepayment will lead to a reduction in future payments or a cash refund. (d) Retirement benefits: defined benefit plans At the end of reporting period, defined benefit liabilities relating to defined benefit plans are recognized at present value of defined benefit obligations net of fair value of plan assets. The calculation is performed annually by an independent actuary using the projected unit credit method. When the fair value of plan assets exceeds the present value of the defined benefit obligation, the Group recognizes an asset, to the extent of the present value of any economic benefits available in the form of refunds from the plan or reduction in the future contributions to the plan. Remeasurements of the net defined benefit liability (asset), which comprise actuarial gains and losses, the return on plan assets (excluding interest) and the effect of the asset ceiling (if any, excluding interest), are recognized immediately in other comprehensive income. The Group determines net interests on net defined benefit liability (asset) by multiplying discount rate determined at the beginning of the annual reporting period and considers changes in net defined benefit liability (asset) from contributions and benefit payments. Net interest costs and other costs relating to the defined benefit plan are recognized through profit or loss. When the plan amendment or curtailment occurs, gains or losses on amendment or curtailment in benefits for the past service provided are recognized through profit or loss. The Group recognizes a gain or loss on a settlement when the settlement of defined benefit plan occurs. (e) Termination benefits The Group recognizes a liability and expense for termination benefits at the earlier of the period when the Group can no longer withdraw the offer of those benefits and the period when the Group recognizes costs for a restructuring that involves the payment of termination benefits. If benefits are payable more than 12 months after the reporting period, they are discounted to their present value. |
Provisions | (17) Provisions Provisions are recognized when the Group has a present legal or constructive obligation as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation. The risks and uncertainties that inevitably surround many events and circumstances are taken into account in reaching the best estimate of a provision. If the effect of the time value of money is material, provisions are determined at the present value of the expected future cash flows. If some or all of the expenditures required to settle a provision are expected to be reimbursed by another party, the reimbursement is recognized when, and only when, it is virtually certain that reimbursement will be received if the entity settles the obligation. The reimbursement is treated as a separate asset. Provisions are reviewed at the end of each reporting period and adjusted to reflect the current best estimates. If it is no longer probable that an outflow of resources embodying economic benefits will be required to settle the obligation, the provision is reversed. A provision is used only for expenditures for which the provision was originally recognized. |
Emissions Rights | (18) Emissions Rights The Group accounts for greenhouse gases emission right and the relevant liability as below pursuant to the Act on Allocation and Trading of Greenhouse Gas Emission in Korea. (a) Greenhouse Gases Emission Right Greenhouse Gases Emission Right consists of emission allowances, which are allocated from the government free of charge or purchased from the market. The cost includes any directly attributable costs incurred during the normal course of business. The Group derecognizes an emission right asset when the emission allowance is unusable, disposed or submitted to government in which the future economic benefits are no longer expected to be probable. (b) Emissions liability Emission liability is a present obligation of submitting emission rights to the government with regard to emission of greenhouse gas. The emission liability is measured based on the expected quantity of emission for the performing period in excess of emission allowance in possession and the unit price for such emission rights in the market at the end of the reporting period. The emissions liabilities are derecognized when they are surrendered to the government. |
Transactions in foreign currencies | (19) Transactions in foreign currencies (a) Foreign currency transactions Transactions in foreign currencies are translated to the functional currency of the Group at exchange rates at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are retranslated to the functional currency using the exchange rate at the reporting date. Non-monetary Exchange differences arising from monetary items except for financial liabilities designated cashflow hedging instruments are recognized in profit or loss. If a gain or loss on a non-monetary non-monetary (b) Foreign operations If the presentation currency of the Group is different from a foreign operation’s functional currency, the financial statements of the foreign operation are translated into the presentation currency using the following methods: The assets and liabilities of foreign operations, whose functional currency is not the currency of a hyperinflationary economy, are translated to presentation currency at exchange rates at the reporting date. The income and expenses of foreign operations are translated to functional currency at exchange rates at the dates of the transactions. Foreign currency differences are recognized in other comprehensive income. Any goodwill arising on the acquisition of a foreign operation and any fair value adjustments to the carrying amounts of assets and liabilities arising on the acquisition of that foreign operation is treated as assets and liabilities of the foreign operation. Thus, they are expressed in the functional currency of the foreign operation and translated at the closing rate at the reporting date. When a foreign operation is disposed, the relevant amount in the translation is transferred to profit or loss as part of the profit or loss on disposal. On the partial disposal of a subsidiary that includes a foreign operation, the relevant proportion of such cumulative amount is reattributed to non-controlling |
Share capital | (20) Share capital Ordinary shares are classified as equity. Incremental costs directly attributable to the issuance of ordinary shares and share options are recognized as a deduction from equity, net of any tax effects. When the Parent Company repurchases its own shares, the amount of the consideration paid is recognized as a deduction from equity and classified as treasury shares. The gains or losses from the purchase, disposal, reissue, or retirement of treasury shares are directly recognized in equity being as transaction with owners. |
Hybrid bond | (21) Hybrid bond The Group recognizes a financial instrument issued by the Group as an equity instrument if it does not include contractual obligation to deliver financial assets including cash to the counter party. |
Share-based payment | (22) Share-based payment For equity-settled share-based payment transaction, if the fair value of the goods or services received cannot be reliably estimated, the Group measures the value indirectly by reference to the fair value of the equity instruments granted. The related expense with a corresponding increase in capital surplus and others is recognized over the vesting period of the awards. The amount recognized as an expense is adjusted to reflect the number of awards for which the related service and non-market non-market The fair value of the amount payable to employees in respect of share appreciation rights, which are settled in cash, is recognized as an expense with a corresponding increase in liabilities, over the period in which the employees become unconditionally entitled to payment. The liability is remeasured at each reporting date and at settlement date based on the fair value of the share appreciation rights. Any changes in the fair value of the liability are recognized in profit or loss. |
Finance income and finance costs | (24) Finance income and finance costs Finance income comprises interest income on funds invested (including financial assets measured at fair value), dividend income, gains on disposal of financial assets at FVTPL, changes in fair value of financial instruments at FVTPL, and gains on hedging instruments that are recognized in profit or loss. Interest income is recognized as it accrues in profit or loss, using the effective interest rate method. Dividend income is recognized in profit or loss when the right to receive the dividend is established. Finance costs comprise interest expense on borrowings, changes in fair value of financial instruments at FVTPL, and losses on hedging instruments that are recognized in profit or loss. Interest expense on borrowings and debentures is recognized as it accrues in profit or loss using the effective interest rate method. |
Income taxes | (25) Income taxes Income tax expense comprises current and deferred tax. Current tax and deferred tax are recognized in profit or loss except to the extent that it relates to a business combination, or items recognized directly in equity or in OCI. The Group pays income tax in accordance with the tax-consolidation (a) Current tax Current tax is the expected tax payable or receivable on the taxable profit or loss for the year, using tax rates enacted or substantively enacted at the end of the reporting period, and includes interests and fines related to income taxes paid or payable. The taxable profit is different from the accounting profit for the period since the taxable profit is calculated excluding the temporary differences, which will be taxable or deductible in determining taxable profit (tax loss) of future periods, and non-taxable non-deductible (b) Deferred tax Deferred tax is recognized by using the asset-liability method in respect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. The Group recognizes a deferred tax liability for all taxable temporary differences, except for the difference associated with investments in subsidiaries and associates that the Group is able to control the timing of the reversal of the temporary difference and it is probable that the temporary difference will not reverse in the foreseeable future. The Group recognizes a deferred tax asset for all deductible temporary differences to the extent that it is probable that the temporary difference will reverse in the foreseeable future and taxable profit will be available against which the temporary difference can be utilized. A deferred tax asset is recognized for the carryforward of unused tax losses and unused tax credits to the extent that it is probable that future taxable profit will be available against which the unused tax losses and unused tax credits can be utilized. Future taxable profit is dependent on the reversal of taxable temporary differences. If there are insufficient taxable temporary differences to recognize the deferred tax asset, the business plan of the Group and the reversal of existing temporary differences are considered in determining the future taxable profit. The Group reviews the carrying amount of a deferred tax asset at the end of each reporting period and reduces the carrying amount to the extent that it is no longer probable that sufficient taxable profit will be available to allow the benefit of part or all of that deferred tax asset to be utilized. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply to the period when the asset is realized, or the liability is settled based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. The measurement of deferred tax liabilities and deferred tax assets reflects the tax consequences that would follow from the manner in which the Group expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Deferred tax assets and liabilities are offset only if the Group has a legally enforceable right to offset the amount recognized and intends to settle the current tax liabilities and assets on a net basis. Income tax expense in relation to dividend payments is recognized when liabilities relating to the dividend payments are recognized. (c) Uncertainty over income tax treatments The Group assesses the uncertainty over income tax treatments pursuant to IAS 12. If the Group concludes it is not probable that the taxation authority will accept an uncertain tax treatment, the Group reflects the effect of uncertainty for each uncertain tax treatment by using either of the following methods, depending on which method the entity expects to better predict the resolution of the uncertainty: • The most likely amount: the single most likely amount in a range of possible outcomes. • The expected value: the sum of the probability-weighted |
Earnings per share | (26) Earnings per share The Group presents basic and diluted earnings per share (EPS) data for its ordinary shares. Basic EPS is calculated by dividing the profit or loss attributable to ordinary shareholders of the Parent Company by the weighted average number of ordinary shares outstanding during the period, adjusted for own shares held. Diluted EPS is determined by adjusting the profit or loss attributable to ordinary shareholders and the weighted average number of ordinary shares outstanding, adjusted for own shares held, for the effects of all dilutive potential ordinary shares, which comprise share options granted to employees, if any. |
Discontinued operation | (27) Discontinued operation A discontinued operation is a component of the Group’s business, the operations and cash flows of which can be clearly distinguished from the rest of the Group and which: • represents a separate major line of business or geographic area of operations; • is part of a single co-ordinated • is a subsidiary acquired only for a purpose of resale. When an operation is classified as a discontinued operation, the comparative statements of income and comprehensive income are re-presented earliest |
Standards issued but not yet effective | (28) Standards issued but not yet effective The new and amended standards and interpretations that are issued, but not yet effective for annual period beginning after January 1, 2022 are disclosed below. The following amendments are not expected to have a significant impact on the Group’s consolidated financial statements. • Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Amendments to IAS 12) • Classification of Liabilities as Current or Non-current • IFRS 17 Insurance Contracts Insurance Contracts • Disclosure of Accounting Polices (Amendments to IAS 1). • Definition of Accounting Estimates (Amendments to IAS 8). |
Previously stated [member] | |
Statement [LineItems] | |
Financial assets - Policies applicable from January 1, 2018 | (5) Non-derivative (a) Recognition and initial measurement Accounts receivable — trade and debt investments issued are initially recognized when they are originated. All other financial assets and financial liabilities are initially recognized when the Group becomes a party to the contractual provisions of the instrument. A financial asset (unless an accounts receivable — trade without a significant financing component) or financial liability is initially measured at fair value plus, for an item not at FVTPL, transaction costs that are directly attributable to its acquisition or issue. An accounts receivable — trade without a significant financing component is initially measured at the transaction price. (b) Classification and subsequent measurement On initial recognition, a financial asset is classified as measured at: • FVTPL • FVOCI — equity investment • FVOCI — debt investment • Financial assets at amortized cost A financial asset is classified based on the business model in which a financial asset is managed and its contractual cash flow characteristics. Financial assets are not reclassified subsequent to their initial recognition unless the Group changes its business model for managing financial assets, in which case all affected financial assets are reclassified on the first day of the first reporting period following the change in the business model. A financial asset is measured at amortized cost if it meets both of the following conditions and is not designated as at FVTPL: • it is held within a business model whose objective is to hold assets to collect contractual cash flows; and • its contractual terms give rise to cash flows that are solely payments of principal and interest on the principal amount outstanding on specified dates. A debt investment is measured at FVOCI if it meets both of the following conditions and is not designated as at FVTPL: • it is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; and • its contractual terms give rise to cash flows that are solely payments of principal and interest on the principal amount outstanding on specified dates. On initial recognition of an equity investment that is not held for trading, the Group may irrevocably elect to present subsequent changes in the investment’s fair value in other comprehensive income (“OCI”). This election is made on an investment-by-investment All financial assets not classified as measured at amortized cost or FVOCI as described above are measured at FVTPL. This includes all derivative financial assets. On initial recognition, the Group may irrevocably designate a financial asset that otherwise meets the requirements to be measured at amortized cost or at FVOCI as at FVTPL if doing so eliminates or significantly reduces an accounting mismatch that would otherwise arise. The following accounting policies are applied to the subsequent measurement of financial assets. Financial assets at FVTPL These assets are subsequently measured at fair value. Net gains and losses, including any interest or dividend income, are recognized in profit or loss. Financial assets at amortized cost These assets are subsequently measured at amortized cost using the effective interest method. The amortized cost is reduced by impairment losses. Interest income, foreign exchange gains and losses and impairment are recognized in profit or loss. Any gain or loss on derecognition is recognized in profit or loss. Debt investments at FVOCI These assets are subsequently measured at fair value. Interest income calculated using the effective interest method, foreign exchange gains and losses and impairment are recognized in profit or loss. Other net gains and losses are recognized in OCI. On derecognition, gains and losses accumulated in OCI are reclassified to profit or loss. Equity investments at FVOCI These assets are subsequently measured at fair value. Dividends are recognized as income in profit or loss unless the dividend clearly represents a recovery of the cost of the investment. Other net gains and losses are recognized in OCI and are never reclassified to profit or loss. (c) Impairment The Group estimates the expected credit losses (“ECL”) for the debt instruments measured at amortized cost and FVOCI based on the Group’s historical experience and informed credit assessment that includes forward-looking information. The impairment approach is decided based on the assessment of whether the credit risk of a financial asset has increased significantly since initial recognition. However, the Group applies a practical expedient and recognizes impairment losses equal to lifetime ECLs for accounts receivable – trade and lease receivables from the initial recognition. ECL is a probability-weighted estimate of credit losses. Credit losses are measured as the present value of all cash shortfalls (i.e., the difference between the cash flows due to the entity in accordance with the contract and the cash flows that the Group expects to receive). At each reporting date, the Group assesses whether financial assets measured at amortized cost and debt investments at FVOCI are credit-impaired. A financial asset is ‘credit-impaired’ when one or more events that have a detrimental impact on the estimated future cash flows of the financial asset have occurred. Loss allowance on financial assets measured at amortized cost is deducted from the carrying amount of the respective assets, while loss allowance on debt instruments at FVOCI is recognized in OCI, instead of reducing the carrying amount of the transferred assets. (d) Derecognition Financial assets The Group derecognizes a financial asset when: • the contractual rights to the cash flows from the financial asset expire; or • it transfers the rights to receive the contractual cash flows in a transaction in which either: • substantially all of the risks and rewards of ownership of the financial asset are transferred; or • the Group neither transfers nor retains substantially all of the risks and rewards of ownership and it does not retain control of the financial asset. The Group enters into transactions whereby it transfers assets recognized in its consolidated statement of financial position, but retains either all or substantially all of the risks and rewards of the transferred assets. In these cases, the transferred assets are not derecognized. Interest rate benchmark reform When the basis for determining the contractual cash flows of a financial asset or financial liability measured at amortized cost changed as a result of interest rate benchmark reform, the Group updated the effective interest rate of the financial asset or financial liability to reflect the change that is required by the reform. A change in the basis for determining the contractual cash flows is required by interest rate benchmark reform if the following conditions are met: • the change is necessary as a direct consequence of the reform; and • the new basis for determining the contractual cash flows is economically equivalent to the previous basis — i.e., the basis immediately before the change. When changes were made to a financial asset or financial liability in addition to changes to the basis for determining the contractual cash flows required by interest rate benchmark reform, the Group first updated the effective rate of the financial asset or financial liability to reflect the change that is required by interest rate benchmark reform. After that, the Group applied the policies on accounting for modifications to the additional changes. (e) Offsetting Financial assets and financial liabilities are offset, and the net amount is presented in the statement of financial position when the Group currently has a legally enforceable right to offset the recognized amounts and it intends either to settle on a net basis or to settle the liability and realize the asset simultaneously. A financial asset and a financial liability are offset only when the right to set off the amount is not contingent on future event and legally enforceable even on the event of default, insolvency or bankruptcy. |
Revenue — Policies applicable from January 1, 2018 | (23) Revenue (a) Identification of performance obligations in contracts with customers The Group identifies the distinct services or goods as performance obligations in contracts with customers such as (1) providing wireless and fixed-line telecommunications services, (2) sale of handsets and (3) providing other goods and services. In the case of providing both wireless telecommunications service and selling a handset together to one customer, the Group allocates considerations from the customer between the separate performance obligations for handset sale and wireless telecommunications service. The handset sale revenue is recognized when handset is delivered, and the wireless telecommunications service revenue is recognized over the period of the contract term as stated in the subscription contract. (b) Allocation of the transaction price to each performance obligation The Group allocates the transaction price of a contract to each performance obligation identified on a relative stand-alone selling price basis. The Group uses “adjusted market assessment approach” for estimating the stand-alone selling price of a good or service. (c) Incremental costs of obtaining a contract The Group pays commissions to its retail stores and authorized dealers in connection with acquiring service contracts. The commissions paid to these parties constituted a significant portion of the Group’s operating expenses. These commissions would not have been paid if there have been no binding contracts with subscribers and, therefore, the Group capitalizes certain costs associated with commissions paid to obtain new customer contracts and amortize them over the expected contract periods. (d) Customer loyalty programs The Group provides customer loyalty points to customers based on the usage of the service to which the Group allocates a portion of consideration received as a performance obligation distinct from wireless telecommunications services. The amount to be allocated to the loyalty program is measured according to the relative stand-alone selling price of the customer loyalty points. The amount allocated to the loyalty program is deferred as a contract liability and is recognized as revenue when loyalty points are redeemed. (e) Consideration payable to a customer Based on the subscription contract, a customer who uses the Group’s wireless telecommunications services may receive a discount for purchasing goods or services from a designated third party. The Group pays a portion of the price discounts that the customer receives to the third party which is viewed as consideration payable to a customer. The Group accounts for the amounts payable to the third party as a reduction of the wireless telecommunications service revenue. |
Reporting Entity (Tables)
Reporting Entity (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
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Total issued shares held by shareholders | The Parent Company’s common shares are listed on the Stock Market of Korea Exchange, and its depositary receipts (DRs) are listed on the New York Stock Exchange and the London Stock Exchange. As of December 31, 2022, the Parent Company’s total issued shares are held by the following shareholders: Number of shares Percentage of total shares issued (%) 2022 2021 2022 2021 SK Inc. 65,668,397 65,668,397 30.01 30.00 National Pension Service 16,846,066 21,076,493 7.69 9.63 Institutional investors and other shareholders 131,671,103 126,990,775 60.17 58.04 Kakao Corp. — 3,846,487 — 1.76 Kakao Investment Co., Ltd. 3,846,487 — 1.76 — Treasury shares 801,091 1,250,992 0.37 0.57 218,833,144 218,833,144 100.00 100.00 |
List of subsidiaries | The list of subsidiaries as of December 31, 2022 and 2021 is as follows: Ownership (%)(*1) Subsidiary Location Primary business Dec. 31, 2022 Dec. 31, 2021 Subsidiaries owned by the Parent Company SK Telink Co., Ltd. Korea International telecommunication and Mobile Virtual Network Operator service 100.0 100.0 SK Communications Co., Ltd. Korea Internet website services 100.0 100.0 SK Broadband Co., Ltd. Korea Fixed-line telecommunication services 74.4 74.3 PS&Marketing Corporation Korea Communications device retail business 100.0 100.0 SERVICE ACE Co., Ltd. Korea Call center management service 100.0 100.0 SERVICE TOP Co., Ltd. Korea Call center management service 100.0 100.0 SK O&S Co., Ltd. Korea Base station maintenance service 100.0 100.0 SK Telecom China Holdings Co., Ltd. China Investment (Holdings company) 100.0 100.0 SK Global Healthcare Business Group Ltd. Hong Kong Investment 100.0 100.0 YTK Investment Ltd. Cayman Islands Investment 100.0 100.0 Atlas Investment Cayman Islands Investment 100.0 100.0 SK Telecom Americas, Inc. USA Information gathering and consulting 100.0 100.0 Quantum Innovation Fund I Korea Investment 59.9 59.9 SK Telecom Japan Inc. Japan Information gathering and consulting 100.0 100.0 Happy Hanool Co., Ltd. Korea Service 100.0 100.0 SK stoa Co., Ltd. Korea Other telecommunication retail business 100.0 100.0 Broadband Nowon Co., Ltd.(*2) Korea Cable broadcasting services — 100.0 SAPEON Inc.(*2,3) USA Manufacturing non-memory and other electronic integrated circuits 62.5 — Ownership (%)(*1) Subsidiary Location Primary business Dec. 31, 2022 Dec. 31, 2021 Subsidiaries owned by SK Broadband Co., Ltd. Home & Service Co., Ltd. Korea Operation of information and communication facility 100.0 100.0 Media S Co., Ltd. Korea Production and supply services of broadcasting programs 100.0 100.0 Subsidiary owned by PS&Marketing Corporation SK m&service Co., Ltd.(*2,4) Korea Database and Internet website service 100.0 — Subsidiary owned by Quantum Innovation Fund I PanAsia Semiconductor Materials LLC. Korea Investment 66.4 66.4 Subsidiary owned by SK Telecom Japan Inc. SK Planet Japan, K. K. Japan Digital contents sourcing service 79.8 79.8 Subsidiary owned by SAPEON Inc. SAPEON Korea Inc.(*2,5) Korea Manufacturing non-memory and other electronic integrated circuits 100.0 — Others(*6) SK Telecom Innovation Fund, L.P. USA Investment 100.0 100.0 SK Telecom China Fund I L.P. Cayman Islands Investment 100.0 100.0 (*1) The ownership interest represents direct ownership interest in subsidiaries either by the Parent Company or subsidiaries of the Parent Company. (*2) Details of changes in the consolidation scope for the year ended December 31, 2022 are presented in note 1-(4). (*3) The Parent Company newly established SAPEON inc. and the ownership interest of the Parent Company in SAPEON inc. has changed from 100% to 62.5% due to unequal paid-in (*4) PS&Marketing Corporation acquired 3,099,112 shares (100%) of SK m&service Co., Ltd. at ₩ (*5) The Parent Company newly established SAPEON Korea Inc. and disposed the entire shares of SAPEON Korea Inc. to SAPEON Inc. at ₩ (*6) Others are owned by Atlas Investment and another subsidiary of the Parent Company. |
Condensed financial information of the significant subsidiaries | 1) Condensed financial information of significant subsidiaries as of and for the year ended December 31, 2022 is as follows: (In millions of won) As of December 31, 2022 2022 Subsidiary Total assets Total liabilities Total equity Revenue Profit (loss) SK Telink Co., Ltd. ₩ 196,281 60,927 135,354 302,595 15,008 SK Broadband Co., Ltd. 6,245,484 3,134,949 3,110,535 4,162,093 212,816 PS&Marketing Corporation 403,030 177,739 225,291 1,376,400 3,856 SERVICE ACE Co., Ltd. 97,597 59,189 38,408 194,798 2,429 SERVICE TOP Co., Ltd. 81,590 53,589 28,001 179,365 1,613 SK O&S Co., Ltd. 121,755 70,280 51,475 331,715 2,059 Home & Service Co., Ltd. 158,248 102,184 56,064 413,259 (1,217 ) SK stoa Co., Ltd. 103,910 44,696 59,214 329,304 9,977 SK m&service Co., Ltd.(*) 160,704 95,263 65,441 211,081 4,157 (*) The financial information is the condensed financial information after the entity was included in the scope of consolidation. 2) Condensed financial information of significant subsidiaries as of and for the year ended December 31, 2021 is as follows: (In millions of won) As of December 31, 2021 2021 Subsidiary Total assets Total liabilities Total equity Revenue Profit SK Telink Co., Ltd. ₩ 174,837 52,821 122,016 313,404 8,846 SK Broadband Co., Ltd. 5,971,505 3,091,837 2,879,668 4,058,997 213,468 PS&Marketing Corporation 478,745 263,457 215,288 1,445,540 3,179 SERVICE ACE Co., Ltd. 99,059 66,496 32,563 197,146 2,519 SERVICE TOP Co., Ltd. 72,026 46,067 25,959 185,452 2,066 SK O&S Co., Ltd. 95,748 58,870 36,878 285,591 69 Home & Service Co., Ltd. 131,947 90,775 41,172 405,255 550 SK stoa Co., Ltd. 107,943 59,931 48,012 316,249 19,163 3) Condensed financial information of the significant subsidiaries as of and for the year ended December 31, 2020 is as follows: (In millions of won) As of December 31, 2020 2020 Subsidiary Total assets Total liabilities Total equity Revenue Profit (loss) SK Telink Co., Ltd. ₩ 176,872 60,702 116,170 351,334 18,010 Eleven Street Co., Ltd. 999,225 542,534 456,691 545,556 (29,623 ) SK m&service Co., Ltd. 129,738 74,962 54,776 214,949 2,759 SK Broadband Co., Ltd. 5,765,808 3,119,489 2,646,319 3,713,021 150,694 K-net 377,683 65,896 311,787 — (44,737 ) PS&Marketing Corporation 470,521 257,809 212,712 1,427,218 (847 ) SERVICE ACE Co., Ltd. 96,258 71,890 24,368 206,612 2,905 SERVICE TOP Co., Ltd. 69,496 51,584 17,912 195,479 2,592 SK O&S Co., Ltd. 88,663 54,012 34,651 278,948 778 SK Planet Co., Ltd. 536,981 214,846 322,135 276,462 1,305 Dreamus Company(*1) 172,443 76,642 95,801 226,329 (23,068 ) SK Shieldus Co., Ltd. (Formerly, ADT CAPS Co., Ltd.)(*2) 2,927,396 2,550,936 376,460 1,327,150 14,227 Onestore Co., Ltd. 243,442 99,943 143,499 155,218 1,952 Home & Service Co., Ltd. 124,197 88,740 35,457 397,754 (20 ) SK stoa Co., Ltd. 107,982 79,339 28,643 268,693 17,154 FSK L&S Co., Ltd.(*3) 66,117 35,192 30,925 205,623 3,022 Incross Co., Ltd.(*4) 179,308 104,778 74,530 39,440 12,307 Tmap Mobility Co., Ltd. 170,381 17,179 153,202 — (1,857 ) (*1) The condensed financial information of Dreamus Company is consolidated financial information including iriver Enterprise Ltd. and three other subsidiaries of Dreamus Company. (*2) The condensed financial information of SK Shieldus Co., Ltd.(Formerly, ADT CAPS Co., Ltd.) is consolidated financial information including SKinfosec Information Technology(Wuxi) Co., Ltd. and two other subsidiaries of SK Shieldus Co., Ltd.(Formerly, ADT CAPS Co., Ltd.) and including profit and loss which Life Security & Holdings Co., Ltd. recognized prior to the merger. (*3) The condensed financial information of FSK L&S Co., Ltd. is consolidated financial information including FSK L&S (Shanghai) Co., Ltd. and two other subsidiaries of FSK L&S Co., Ltd. (*4) The condensed financial information of Incross Co., Ltd. is consolidated financial information including Infra Communications Co., Ltd. and another subsidiary of Incross Co., Ltd. (4) Changes in subsidiaries 1) The list of subsidiaries that were newly included in consolidation for the year ended December 31, 2022 is as follows: Subsidiary Reason SAPEON Korea Inc. Established by the Parent Company SAPEON Inc. Established by the Parent Company SK m&service Co., Ltd. Acquired by PS&Marketing Corporation 2) The list of subsidiaries that were excluded from consolidation for the year ended December 31, 2022 is as follows: Subsidiary Reason Broadband Nowon Co., Ltd. Merged into SK Broadband Co., Ltd |
Information of significant non-controlling interests of the group | (In millions of won) SK Broadband Co., Ltd.(*) Ownership of non-controlling 25.3 As of December 31, 2022 Current assets ₩ 1,348,305 Non-current 5,076,410 Current liabilities (1,707,805 ) Non-current (1,488,834 ) Net assets 3,228,076 Carrying amount of non-controlling 816,676 2022 Revenue ₩ 4,156,326 Profit for the year 217,303 Total comprehensive income 237,860 Profit attributable to non-controlling 51,528 Net cash provided by operating activities ₩ 1,184,794 Net cash used in investing activities (807,965 ) Net cash used in financing activities (415,908 ) Effects of exchange rate changes on cash and cash equivalents (584 ) Net decrease in cash and cash equivalents (39,663 ) Dividends paid to non-controlling ₩ — (*) The condensed financial information above is the consolidated financial information of the subsidiary and is reflected fair value adjustments that occurred a business combination. (In millions of won) SK Broadband Co., Ltd.(*) Ownership of non-controlling 25.1 As of December 31, 2021 Current assets ₩ 1,252,935 Non-current 4,886,448 Current liabilities (1,433,800 ) Non-current (1,717,074 ) Net assets 2,988,509 Carrying amount of non-controlling 740,771 2021 Revenue ₩ 4,049,156 Profit for the year 198,268 Total comprehensive income 214,003 Profit attributable to non-controlling 52,935 Net cash provided by operating activities ₩ 1,072,307 Net cash used in investing activities (615,510 ) Net cash used in financing activities (248,139 ) Effects of exchange rate changes on cash and cash equivalents (59 ) Net increase in cash and cash equivalents 208,599 Dividends paid to non-controlling ₩ — (*) The condensed financial information above is the consolidated financial information of the subsidiary and is reflected fair value adjustments that occurred a business combination. (In millions of won) Dreamus Company Onestore Co., Ltd. Eleven Street Co., Ltd. SK Shieldus Co., Ltd.(Formerly, ADT CAPS Co., Ltd.)(*) Incross Co., Ltd. SK Broadband Co., Ltd. Ownership of non-controlling 48.6 47.4 18.2 37.4 55.2 24.9 As of December 31, 2020 Current assets ₩ 146,278 215,672 896,828 306,520 165,668 1,179,743 Non-current 26,165 27,770 102,397 2,620,876 13,640 4,586,065 Current liabilities (72,762 ) (96,139 ) (508,427 ) (417,194 ) (101,065 ) (1,279,132 ) Non-current (3,880 ) (3,804 ) (34,107 ) (2,133,742 ) (3,713 ) (1,840,357 ) Net assets 95,801 143,499 456,691 376,460 74,530 2,646,319 Fair value adjustment and others — — (14,297 ) (1,227,442 ) — — Net assets on the consolidated financial statements 95,801 143,499 442,394 (850,982 ) 74,530 2,646,319 Carrying amount of non-controlling 47,452 68,573 81,754 (318,267 ) 46,010 665,020 2020 Revenue ₩ 226,329 155,218 545,556 1,327,150 39,440 3,713,021 Profit (loss) for the year (23,068 ) 1,952 (29,623 ) 14,227 12,307 150,694 Depreciation of the fair value adjustment and others — — (492 ) (19,229 ) — — Profit (loss) for the year on the consolidated financial statements (23,068 ) 1,952 (30,115 ) (5,002 ) 12,307 150,694 Total comprehensive income (loss) (22,740 ) 2,278 (15,793 ) (3,758 ) 12,145 151,417 Profit (loss) attributable to non-controlling (10,770 ) 930 (5,565 ) (12,432 ) 7,568 27,240 Net cash provided by operating activities ₩ 15,223 38,006 65,499 248,524 24,629 1,035,474 Net cash used in investing activities (2,471 ) (62,816 ) (71,644 ) (229,130 ) (2,284 ) (844,454 ) Net cash provided by (used in) financing activities (2,329 ) (2,499 ) (18,059 ) 11,134 (4,278 ) (93,259 ) Effects of exchange rate changes on cash and cash equivalents (2,053 ) — (385 ) (554 ) — — Net increase (decrease) in cash and cash equivalents 8,370 (27,309 ) (24,589 ) 29,974 18,067 97,761 Dividends paid to non-controlling ₩ — — 5,000 17,273 — — (*) The condensed financial information of SK Shieldus Co., Ltd.(Formerly, ADT CAPS Co., Ltd.) includes profit and loss, cash flows which Life Security & Holdings Co., Ltd. recognized prior to the merger. |
Significant Accounting Polici_3
Significant Accounting Policies (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
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Estimated useful lives of the Group's property and equipment | The estimated useful lives of the Group’s property and equipment are as follows: Useful lives (years) Buildings and structures 15 ~ 40 Machinery 3 ~ 15, 30 Other property and equipment 3 ~10 Right-of-use 1 ~ 50 |
Estimated useful lives of the Group's intangible assets | The estimated useful lives of the Group’s intangible assets are as follows: Useful lives (years) Frequency usage rights 2.4 ~ 10 Land usage rights 5 Industrial rights 5, 10 Development costs 5 Facility usage rights 10, 20 Customer relations 3 ~ 15 Other 3 ~ 20 |
Operating Segments (Tables)
Operating Segments (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
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Segment information | (1) Segment information for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 Continuing operations Cellular services Fixed-line telecommunication services Others (*1) Sub-total Adjustments (*2) Total Total revenue ₩ 14,496,866 4,895,791 592,188 19,984,845 (2,679,872 ) 17,304,973 Inter-segment revenue 1,554,550 1,082,802 42,520 2,679,872 (2,679,872 ) — External revenue 12,942,316 3,812,989 549,668 17,304,973 — 17,304,973 Depreciation and amortization 2,738,547 981,838 22,730 3,743,115 (121,790 ) 3,621,325 Operating profit (loss) 1,334,306 311,210 (2,126 ) 1,643,390 (49,042 ) 1,594,348 Finance income and costs, net (276,489 ) Loss relating to investments in associates and joint ventures, net (81,707 ) Profit before income tax 1,236,152 (In millions of won) 2021 Continuing operations Discontinued operations Cellular services Fixed-line telecommunication services Others (*1) Sub-total Adjustments (*2) Total Total revenue ₩ 14,214,407 4,790,641 362,978 19,368,026 (2,619,441 ) 16,748,585 2,845,424 Inter-segment revenue 1,495,934 1,112,935 10,572 2,619,441 (2,619,441 ) — 462,341 External revenue 12,718,473 3,677,706 352,406 16,748,585 — 16,748,585 2,383,083 Depreciation and amortization 2,812,827 958,462 11,318 3,782,607 (110,052 ) 3,672,555 287,412 Operating profit (loss) 1,123,147 294,070 14,550 1,431,767 595 1,432,362 73,005 Finance income and costs, net (160,471 ) (222,406 ) Gain relating to investments in subsidiaries, associates and joint ventures, net 446,300 1,502,147 Profit before income tax 1,718,191 1,352,746 (In millions of won) 2020 Continuing operations Discontinued operations Cellular services Fixed-line telecommunication services Others (*1) Sub-total Adjustments (*2) Total Total revenue ₩ 13,853,274 4,467,863 317,065 18,638,202 (2,550,455 ) 16,087,747 3,015,563 Inter-segment revenue 1,505,311 1,035,645 9,499 2,550,455 (2,550,455 ) — 478,659 External revenue 12,347,963 3,432,218 307,566 16,087,747 — 16,087,747 2,536,904 Depreciation and amortization 2,892,460 874,562 10,675 3,777,697 (113,032 ) 3,664,665 326,417 Operating profit (loss) 1,031,887 258,973 645 1,291,505 (256,485 ) 1,035,020 69,614 Finance income and costs, net (182,258 ) (73,739 ) Gain relating to investments in subsidiaries, associates and joint ventures, net 52,456 975,947 Profit before income tax 905,218 971,822 (*1) The Parent Company carried out spin-off (*2) Adjustments for operating profit (loss) are the amount differences from operating profit (loss) included in CODM report which is based on Korean IFRS to operating profit (loss) under IFRS. The reconciliation of these amounts is included in note 4-(2). The Group has restated the previously reported segment information for the year ended December 31, 2020 to reflect reclassification of operating segments due to spin-off. |
Reconciliation of total segment operating income to consolidated operating profit from continuing operations | (2) Reconciliation of total segment operating profit to consolidated operating profit from continuing operations for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Total segment operating profit (Before adjustments) ₩ 1,643,390 1,431,767 1,291,505 Adjustments(*1) (31,320 ) (44,605 ) (42,927 ) Total segment operating profit 1,612,070 1,387,162 1,248,578 Other operating income: Gain on disposal of property and equipment and intangible assets 15,985 39,136 34,625 Others(*2) 40,274 76,627 61,126 56,259 115,763 95,751 Other operating expenses: Impairment loss on property and equipment and intangible assets (17,027 ) (3,135 ) (200,705 ) Loss on disposal of property and equipment and intangible assets (20,465 ) (28,158 ) (25,633 ) Donations (13,125 ) (12,800 ) (16,051 ) Bad debt for accounts receivable — other (3,011 ) (3,995 ) (6,640 ) Others(*3) (20,353 ) (22,475 ) (60,280 ) (73,981 ) (70,563 ) (309,309 ) Consolidated operating profit from continuing operations ₩ 1,594,348 1,432,362 1,035,020 (*1) Adjustments for operating profit included the amount due to the consolidation adjustments, such as internal transactions. (*2) Others for the year ended December 31, 2020 includes ₩12 billion of gain on business transfer and various other income with inconsequential amounts. (*3) Others for the years ended December 31, 2022, 2021 and 2020 include ₩6.1 billion, ₩17.0 billion and ₩51.2 billion of penalties, respectively, and various other expenses with inconsequential amounts. |
Summary of Disaggregation of Operating Revenue | (3) Disaggregation of operating revenues considering the economic factors that affect the amounts, timing and uncertainty of the Group’s revenue and future cash flows is as follows: (In millions of won) 2022 2021 2020 Goods and Services transferred at a point in time: Cellular revenue Goods(*1) ₩ 969,025 959,932 983,431 Fixed-line telecommunication revenue Goods 66,477 105,340 90,692 Other revenue Others(*2) 464,805 328,328 284,221 1,500,307 1,393,600 1,358,344 Goods and Services transferred over time: Cellular revenue Wireless service(*3) 10,253,217 10,100,368 9,806,719 Cellular interconnection 471,163 493,820 472,215 Other(*4) 1,248,911 1,164,353 1,085,598 Fixed-line telecommunication revenue Fixed-line service 156,662 217,000 230,401 Cellular interconnection 21,209 69,769 83,762 Internet Protocol Television(*5) 1,816,130 1,786,765 1,606,740 International calls 180,689 162,379 160,293 Internet service and miscellaneous(*6) 1,571,822 1,336,453 1,260,330 Other revenue Miscellaneous 84,863 24,078 23,345 15,804,666 15,354,985 14,729,403 Continuing operations 17,304,973 16,748,585 16,087,747 Discontinued operations — 2,383,083 2,536,904 ₩ 17,304,973 19,131,668 18,624,651 (*1) Cellular revenue includes revenue from sales of handsets and other electronic accessories. (*2) Miscellaneous other revenue includes revenue from considerations received for the product sales-type data broadcasting channel use and sales of goods through data broadcasting. (*3) Wireless service includes revenue from wireless voice and data transmission services principally derived from usage charges to wireless subscribers. (*4) Other revenue includes revenue from billing and collection services as well as other miscellaneous services. (*5) Internet Protocol Television (“IPTV”) service revenue includes revenue from IPTV services principally derived from usage charges to IPTV subscribers. (*6) Internet service includes revenue from the high speed broadband internet service principally derived from usage charges to subscribers as well as other miscellaneous services. |
Restricted Deposits (Tables)
Restricted Deposits (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
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Deposits which are restricted in use | Deposits which are restricted in use as of December 31, 2022 and 2021 are summarized as follows: (In millions of won) December 31, 2022 December 31, 2021 Cash and cash equivalents(*) ₩ 43 — Short-term financial instruments (*) 79,514 79,500 Long-term financial instruments (*) 375 372 ₩ 79,932 79,872 (*) Includes the followings: i) deposits restricted in use due to the court’s order for seizure and collection of bonds; and ii) charitable trust fund established by the Group, profits from which shall be donated to charitable institutions. As of December 31, 2022, such deposits and funds cannot be withdrawn before maturity. |
Trade and Other Receivables (Ta
Trade and Other Receivables (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Disclosure of Detailed Information About Trade and Other Receivables Explanatory | (1) Details of trade and other receivables as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Gross amount Loss allowance Carrying amount Current assets: Accounts receivable — trade ₩ 2,205,530 (234,919 ) 1,970,611 Short-term loans 79,298 (708 ) 78,590 Accounts receivable — other(*) 522,091 (42,310 ) 479,781 Accrued income 1,732 — 1,732 Guarantee deposits (Other current assets) 113,204 — 113,204 2,921,855 (277,937 ) 2,643,918 Non-current Long-term loans 71,857 (44,884 ) 26,973 Long-term accounts receivable — other(*) 375,829 (1,878 ) 373,951 Guarantee deposits 167,741 (300 ) 167,441 Long-term accounts receivable — trade (Other non-current 14,165 (4 ) 14,161 629,592 (47,066 ) 582,526 ₩ 3,551,447 (325,003 ) 3,226,444 (*) Gross and carrying amounts of accounts receivable – other as of December 31, 2022 include ₩332,669 million of financial instruments classified as FVTPL. (In millions of won) December 31, 2021 Gross amount Loss allowance Carrying amount Current assets: Accounts receivable — trade ₩ 2,152,358 (238,847 ) 1,913,511 Short-term loans 71,750 (933 ) 70,817 Accounts receivable — other(*) 593,109 (44,747 ) 548,362 Accrued income 762 — 762 Guarantee deposits (Other current assets) 92,046 — 92,046 2,910,025 (284,527 ) 2,625,498 Non-current Long-term loans 66,431 (44,452 ) 21,979 Long-term accounts receivable — other(*) 277,116 (1,878 ) 275,238 Guarantee deposits 186,713 — 186,713 Long-term accounts receivable — trade (Other non-current 8,140 (34 ) 8,106 538,400 (46,364 ) 492,036 ₩ 3,448,425 (330,891 ) 3,117,534 (*) Gross and carrying amounts of accounts receivable — other as of December 31, 2021 include ₩459,959 million of financial instruments classified as FVTPL. |
Changes in Loss Allowance on Accounts Receivable - Trade Measured at Amortized Costs | (2) Changes in the loss allowance on accounts receivable — trade measured at amortized costs for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) Beginning balance Impairment Write-offs (*2) Collection of receivables previously written-off Business combination Spin-off Ending balance 2022 ₩ 238,881 27,053 (42,296 ) 11,282 3 — 234,923 2021(*1) ₩ 264,498 31,546 (65,852 ) 14,565 878 (6,754 ) 238,881 (*1) Includes amounts related to discontinued operations. (*2) The Group writes off the trade and other receivables that are determined to be uncollectable due to reasons such as termination of operations or bankruptcy. |
Summary of Loss Allowance on Accounts Receivable - Trade | (3) The Group applies the practical expedient that allows the Group to estimate the loss allowance for accounts receivable — trade at an amount equal to the lifetime expected credit losses. The expected credit losses include the forward-looking information. To make the assessment, the Group uses its historical credit loss experience over the past three years and classifies the accounts receivable — trade by their credit risk characteristics and days overdue. Details of loss allowance on accounts receivable — trade as of December 31, 2022 are as follows: (In millions of won) Less than 6 months 6 months ~ 1 year 1 ~ 3 years More than 3 years Telecommunications service revenue Expected credit loss rate 2.24 % 76.22 % 85.59 % 93.00 % Gross amount ₩ 1,408,471 47,412 126,479 20,100 Loss allowance 31,500 36,139 108,249 18,693 Other revenue Expected credit loss rate 2.92 % 50.75 % 69.89 % 97.02 % Gross amount ₩ 589,484 3,464 8,606 15,679 Loss allowance 17,357 1,758 6,015 15,212 |
Prepaid expenses (Tables)
Prepaid expenses (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of Prepaid Expenses | (1) Details of prepaid expenses as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Current assets: Incremental costs of obtaining contracts ₩ 1,888,182 1,886,680 Others 86,133 100,823 ₩ 1,974,315 1,987,503 Non-current Incremental costs of obtaining contracts ₩ 996,180 977,236 Others 77,242 91,912 ₩ 1,073,422 1,069,148 |
Summary of Incremental Costs of Obtaining Contracts That Capitalized as Assets and Related Amortization Recognized as Commissions | (2) Incremental costs of obtaining contracts The amortization in connection with incremental costs of obtaining contracts recognized for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021(*) 2020(*) Amortization recognized ₩ 2,485,593 2,634,134 2,418,947 (*) Includes amounts related to discontinued operations. |
Contract Assets and Liabiliti_2
Contract Assets and Liabilities (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Schedule of Contract Assets and Liabilities | (1) Details of contract assets and liabilities as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Contract assets: Allocation of consideration between performance obligations ₩ 132,221 118,278 Contract liabilities: Wireless service contracts 18,544 18,397 Customer loyalty programs 7,706 12,699 Fixed-line service contracts 136,880 118,525 Others 70,792 53,346 ₩ 233,922 202,967 |
Schedule of Performance Obligations | (2) The amount of revenue recognized for the years ended December 31, 2022 and 2021 related to the contract liabilities carried forward from the prior periods are ₩109,867 million and ₩185,515 million, respectively and are included in amounts of revenue related to discontinued operations for the year ended December 31, 2021. Details of revenue expected to be recognized from contract liabilities as of December 31, 2022 are as follows: (In millions of won) Less than 1 year 1 ~ 2 years More than 2 years Total Wireless service contracts ₩ 18,544 — — 18,544 Customer loyalty programs 6,141 1,048 517 7,706 Fixed-line service contracts 88,051 14,198 34,631 136,880 Others 59,612 10,935 245 70,792 ₩ 172,348 26,181 35,393 233,922 |
Inventories (Tables)
Inventories (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Details of inventories | (1) Details of inventories as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Acquisition Write- Carrying Acquisition Write- Carrying Merchandise ₩ 156,919 (5,616 ) 151,303 204,545 (3,419 ) 201,126 Supplies 15,052 — 15,052 3,511 — 3,511 ₩ 171,971 (5,616 ) 166,355 208,056 (3,419 ) 204,637 |
Amount of the inventory write-downs charged to the consolidated statement of income and write-off of inventories | (2) The amount of the inventory write-downs and write-off (In millions of won) 2022 2021(*) 2020(*) Charged to cost of products that have been resold ₩ 2,297 (3,287 ) (1,560 ) Write-off (756 ) (347 ) (3,312 ) (*) Includes amounts related to discontinued operations. |
Investment Securities (Tables)
Investment Securities (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Less than 1 year [member] | |
Statement [LineItems] | |
Details of investment securities | (1) Details of short-term investment securities as of December 31, 2022 and 2021 are as follows: (In millions of won) Category December 31, December 31, Beneficiary certificates FVTPL ₩ — 5,010 |
Later than one year [Member] | |
Statement [LineItems] | |
Details of investment securities | (2) Details of long-term investment securities as of December 31, 2022 and 2021 are as follows: (In millions of won) Category December 31, December 31, Equity instruments FVOCI(*) ₩ 1,189,597 1,510,428 FVTPL 44,440 57,830 1,234,037 1,568,258 Debt instruments FVOCI — 1,177 FVTPL 176,699 145,643 176,699 146,820 ₩ 1,410,736 1,715,078 |
Business Combinations (Tables)
Business Combinations (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
SK m&service Co., Ltd [member] | |
Statement [LineItems] | |
Summary of Acquiree | (i) Summary of the acquiree Information of acquiree Corporate name SK m&service Co., Ltd. Location 16 th Supyo-ro, Jung-gu, CEO Park, Jeong-Min Industry Database and internet website service |
Considerations Transferred Identifiable Assets Acquired and Liabilities Assumed as of the Acquisition Date | (ii) Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 72,859 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 10,547 Accounts receivable — trade and other, net 76,035 Inventories, net 3,349 Property and equipment, net 27,138 Intangible assets, net 12,462 Goodwill 2,516 Other assets 10,394 Accounts payable — trade and other (53,894 ) Income tax payable (399 ) Lease liabilities (6,503 ) Provisions (991 ) Defined benefit liabilities (2,739 ) Other liabilities (18,337 ) 59,578 III. Capital surplus and others(I - II) ₩ 13,281 |
Studio Dolphin Co Ltd [Member] | |
Statement [LineItems] | |
Summary of Acquiree | (i) Summary of the acquiree Information of acquiree Corporate name Studio Dolphin Co., Ltd. Location 3 rd Jandari-ro 7an-gil, Mapo-gu, CEO Kim, Dong-Hee Industry Music and sound recording business |
Considerations Transferred Identifiable Assets Acquired and Liabilities Assumed as of the Acquisition Date | (ii) Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 1,500 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 20 Accounts receivable — trade and other 31 Other assets 7 Accounts payable — trade and other (4 ) Short-term borrowings (2 ) Other liabilities (17 ) 35 III. Goodwill(I - II) ₩ 1,465 |
Ylp Inc [Member] | |
Statement [LineItems] | |
Summary of Acquiree | (i) Summary of the acquiree Information of acquiree Corporate name YLP Inc. Location 1740, Cheongwon-ro, Pyeongtaek-si, Gyeonggi-do, CEO Lee, Hyeok-Ju Industry Freight forwarders and cargo agents |
Considerations Transferred Identifiable Assets Acquired and Liabilities Assumed as of the Acquisition Date | (ii) Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 55,598 Fair value of shares of Tmap Mobility Co., Ltd. 23,402 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 1,897 Financial instruments 4,000 Accounts receivable — trade and other, net 4,480 Property and equipment, net 431 Intangible assets, net 3,595 Other assets 325 Borrowings (1,000 ) Accounts payable — trade and other (3,542 ) Lease liabilities (327 ) Other liabilities (48 ) Deferred tax liabilities (327 ) 9,484 III. Goodwill(I - II) ₩ 69,516 |
Rokmedia Co., Ltd [member] | |
Statement [LineItems] | |
Summary of Acquiree | (i) Summary of the acquiree Information of acquiree Corporate name Rokmedia Co., Ltd. Location 3 rd Seongam-ro, Mapo-gu, CEO Kang, Jun-Gyu Jeong-Su Industry Publishing and telecommunications retail business |
Considerations Transferred Identifiable Assets Acquired and Liabilities Assumed as of the Acquisition Date | (ii) Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 40,000 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 719 Financial instruments 2,170 Accounts receivable — trade and other, net 1,374 Inventories 933 Other assets 3,212 Short-term loans, net 30 Property and equipment, net 792 Intangible assets, net 2,677 Accounts payable — trade and other (1,885 ) Contract liabilities (1,401 ) Borrowings (1,485 ) Provisions (385 ) Lease liabilities (56 ) Other liabilities (111 ) Deferred tax liabilities (135 ) Income tax payable (90 ) 6,359 III. Goodwill(I - II) ₩ 33,641 |
Good Service Co Ltd [Member] | |
Statement [LineItems] | |
Summary of Acquiree | (i) Summary of the acquiree Information of acquiree Corporate name GOOD SERVICE Co., Ltd. Location 4 th Daeheung-ro, Mapo-gu, CEO Kim, Seung-Wook Industry Surrogate driving service business and related business |
Considerations Transferred Identifiable Assets Acquired and Liabilities Assumed as of the Acquisition Date | (ii) Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 10,000 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 1,328 Financial instruments 116 Accounts receivable — trade and other, net 1,881 Property and equipment, net 116 Intangible assets, net 3,492 Accounts payable — trade and other (883 ) Other liabilities (85 ) Deferred tax liabilities (696 ) Lease liabilities (113 ) 5,156 III. Goodwill(I - II) ₩ 4,844 |
SK Broadband Co., Ltd. [member] | |
Statement [LineItems] | |
Considerations Transferred Identifiable Assets Acquired and Liabilities Assumed as of the Acquisition Date | Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Fair value of shares of SK Broadband Co., Ltd. ₩ 862,147 Fair value of derivative liability(*1) 320,984 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 110,644 Short-term financial instruments 6 Accounts receivable — trade and other 66,241 Prepaid expenses 36,324 Contract assets 14,033 Long-term investment securities 6,239 Investments in associates and joint ventures 13,637 Property and equipment, net 245,654 Intangible assets, net(*2) 423,515 Other assets 3,261 Deferred tax assets 1,296 Accounts payable — trade and other (105,179 ) Contract liabilities (1,674 ) Income tax payable (18,065 ) Provisions (2,755 ) Defined benefit liabilities (30 ) Other liabilities (15,655 ) 777,492 III. Goodwill(I - II) ₩ 405,639 (*1) The Parent Company has recognized fair value of obligations and rights in connection with the shareholders’ agreement with the acquiree’s shareholders as consideration for the business combination. (See note 22) (*2) Identifiable intangible assets recognized by the Group in the business combination included customer relationships measured at fair value on the acquisition date of ₩374,019 million. Fair value of the customer relationship was estimated based on the multi-period excess earnings method (“MPEEM”). MPEEM is a valuation technique under income approach which estimates fair value by discounting the expected future excess earnings attributable to an intangible asset using risk adjusted discount rate. The following table shows the details of valuation technique used in measuring fair values as well as the significant unobservable inputs used. |
Broadband Nowon Co., Ltd. [member] | |
Statement [LineItems] | |
Summary of Acquiree | (i) Summary of the acquiree Information of acquiree Corporate name Broadband Nowon Co., Ltd. Location 21, 81gil, Dobong-ro, Gangbuk-gu, CEO Yoo, Chang-Wan Industry Cable broadcasting services |
Considerations Transferred Identifiable Assets Acquired and Liabilities Assumed as of the Acquisition Date | (ii) Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 10,421 II. Fair value of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 18,106 Accounts receivable — trade and other 1,122 Property and equipment, net 1,784 Intangible assets, net 360 Other assets 595 Accounts payable — trade and other (1,351 ) Other liabilities (336 ) 20,280 III. Non-controlling 9,126 IV. Gain on bargain purchase(I - II+III) ₩ (733 ) |
ADT CAPS Co., Ltd. [member] | |
Statement [LineItems] | |
Considerations Transferred Identifiable Assets Acquired and Liabilities Assumed as of the Acquisition Date | Considerations transferred, identifiable assets acquired and liabilities assumed as of the acquisition date are as follows: (In millions of won) Amounts I. Consideration transferred: Cash and cash equivalents ₩ 8,047 II. Fair value of identifiable assets acquired and liabilities assumed: Accounts receivable — trade and other 6,787 Property and equipment, net 363 Intangible assets, net 6,460 Other assets 4 Accounts payable — trade and other (5,306 ) Defined benefit liabilities (1,227 ) Deferred tax liabilities (1,554 ) Other liabilities (372 ) 5,155 III. Goodwill (I - II) ₩ 2,892 |
Investments in Associates and_2
Investments in Associates and Joint Ventures (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Investments in associates and joint ventures accounted for using the equity method | (1) Investments in associates and joint ventures accounted for using the equity method as of December 31, 2022 and 2021 are as follows: December 31, 2022 December 31, 2021 (In millions of won) Country Ownership (%) Carrying Ownership Carrying Investments in associates: SK China Company Ltd. China 27.3 ₩ 879,527 27.3 ₩ 793,754 Korea IT Fund(*1) Korea 63.3 324,860 63.3 339,976 HanaCard Co., Ltd.(*2) Korea — — 15.0 349,866 UniSK China 49.0 20,839 49.0 19,156 SK Technology Innovation Company Cayman 49.0 69,375 49.0 86,301 SK MENA Investment B.V. Netherlands 32.1 14,296 32.1 15,343 SK Latin America Investment S.A. Spain 32.1 11,961 32.1 14,004 SK South East Asia Investment Pte. Ltd. Singapore 20.0 357,537 20.0 348,782 Pacific Telecom Inc.(*3) USA 15.0 48,542 15.0 43,789 SM. Culture & Contents Co., Ltd. Korea 23.1 59,611 23.1 60,261 Digital Games International Pte. Ltd.(*4) Singapore — — 33.3 2,208 Invites Healthcare Co., Ltd.(*5) Korea 31.1 — 27.1 26,474 Nam Incheon Broadcasting Co., Ltd. Korea 27.3 13,575 27.3 12,525 Home Choice Corp.(*3) Korea 17.8 4,456 17.8 3,052 Konan Technology Inc. Korea 20.8 8,366 26.5 3,639 CMES Inc.(*3,6) Korea 7.7 900 — — 12CM JAPAN and others(*3,7) — — 69,734 — 68,966 1,883,579 2,188,096 Investments in joint ventures: Finnq Co., Ltd.(*8) Korea — — 49.0 7,255 UTC Kakao-SK Korea 48.2 5,710 48.2 2,000 5,710 9,255 ₩ 1,889,289 ₩ 2,197,351 (1) Investments in associates and joint ventures accounted for using the equity method as of December 31, 2022 and 2021 are as follows, Continued: (*1) Investment in Korea IT Fund was classified as investment in associates as the Group does not have control over the investee under the contractual agreement with other shareholders. (*2) The Group disposed the entire shares of HanaCard Co., Ltd. to Hana Financial Group Inc. for ₩330,032 million in cash and recognized ₩48,693 million of loss on disposal of investments in associates for the year ended December 31, 2022. (*3) Although the Group holds less than 20% of equity interests in these investees, investments in such investees were classified as investments in associates as the Group can exercise significant influence through its right to appoint the members of the Board of Directors. (*4) The Group disposed the entire shares of Digital Games International Pte. Ltd. and recognized ₩1,462 million of gain on disposal of investments in associates for the year ended December 31, 2022. (*5) The Group recognized the carrying amount of investments in Invites Healthcare Co., Ltd. in entirety as an impairment loss for the year ended December 31, 2022. (*6) As the Group obtained significant influence over the investee, ₩900 million of financial assets at FVOCI are reclassified to investments in associates for the year ended December 31, 2022. (*7) The Group additionally contributed ₩2,000 million in cash to Smart SKT Infinitum Game Fund for the year ended December 31, 2022. In addition, the Group disposed the shares of Start-up Win-Win non-current (*8) The Group disposed the entire shares of Finnq Co., Ltd. to Hana Financial Group Inc. for ₩5,733 million in cash and recognized ₩1,043 million of gain on disposal of investments in joint ventures for the year ended December 31, 2022. (*9) The Group additionally contributed ₩4,000 million in cash to the investee for the year ended December 31, 2022, but there is no change in the ownership interest. As the Group has a joint control over the investee pursuant to the agreement with the other shareholders, the investment in the investee was classified as investments in joint ventures. |
Market price of investments in listed associates | (2) The market value of investments in listed associates as of December 31, 2022 and 2021 are as follows: (In millions of won, except for share data) December 31, 2022 December 31, 2021 Market price (in won) Number of Market value Market price per share (in won) Number of Market value SM.Culture & Contents Co.,Ltd. 2,960 22,033,898 65,220 4,485 22,033,898 98,822 Konan Technology Inc. 28,250 1,179,580 33,323 — — — |
Financial information of significant associates | (3) The condensed financial information of significant associates as of and for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) Korea IT Fund SK China Company SK South East Asia As of December 31, 2022 Current assets ₩ 98,132 1,223,426 146,589 Non-current 414,804 2,050,001 3,034,335 Current liabilities — 76,654 488,132 Non-current — 276,525 — 2022 Revenue ₩ 19,916 62,334 72,658 Profit (loss) for the year 7,505 (11,681 ) (17,504 ) Other comprehensive income (loss) (11,779 ) 58,034 (34,220 ) Total comprehensive income (loss) (4,274 ) 46,353 (51,724 ) (In millions of won) HanaCard Co., Ltd.(*) Korea IT Fund SK China Company SK South East Asia As of December 31, 2021 Current assets ₩ 9,130,044 117,172 1,124,219 133,110 Non-current 465,333 419,632 1,849,102 2,853,184 Current liabilities 1,281,783 — 53,199 412,962 Non-current 6,284,587 — 316,470 — 2021 Revenue ₩ 1,270,568 58,741 80,241 9,945 Profit (loss) for the year 250,484 50,107 933,475 (188,678 ) Other comprehensive income (loss) 909 (6,847 ) 326,661 304,700 Total comprehensive income 251,393 43,260 1,260,136 116,022 (In millions of won) SK hynix HanaCard Co., Ltd.(*) Korea IT SK China SK South East Asia As of December 31, 2020 Current assets ₩ 16,570,953 7,910,517 107,652 380,413 797,045 Non-current 54,602,900 298,438 402,812 1,706,634 1,672,412 Current liabilities 9,072,360 897,594 — 51,025 67 Non-current 10,192,396 5,531,968 — 308,606 — 2020 Revenue ₩ 31,900,418 1,231,815 52,330 107,791 — Profit (loss) for the year 4,758,914 154,521 36,615 20,369 (158,680 ) Other comprehensive income (loss) (107,378 ) (4,283 ) 9,647 42,921 (390,851 ) Total comprehensive income (loss) 4,651,536 150,238 46,262 63,290 (549,531 ) (*) The financial information of SK hynix Inc., HanaCard Co., Ltd., SK China Company Ltd. and SK South East Asia Investment Pte. Ltd. are consolidated financial information. |
Condensed financial information of joint ventures | (4) There are no significant joint ventures as of December 31, 2022 and 2021, the condensed financial information of significant joint ventures as of and for the years ended December 31, 2020 are as follows: (In millions of won) Dogus Planet, Inc. Finnq Co., Ltd. As of December 31, 2020 Current assets ₩ 55,951 26,781 Cash and cash equivalents 9,083 23,936 Non-current 30,408 8,530 Current liabilities 46,186 7,367 Accounts payable, other payables and provisions 28,145 5,094 Non-current 10,031 879 2020 Revenue ₩ 177,084 3,937 Depreciation and amortization (4,642 ) (4,417 ) Interest income 1,878 29 Interest expense (555 ) (51 ) Profit (loss) for the year 7,030 (19,426 ) Total comprehensive loss (1,659 ) (19,426 ) |
Reconciliations of financial information of significant associates to carrying amounts of investments in associates in the consolidated financial statements | (5) Reconciliations of financial information of significant associates to carrying amounts of investments in associates in the consolidated financial statements as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Net assets Ownership Net assets Cost-book Carrying Korea IT Fund ₩ 512,936 63.3 324,860 — 324,860 SK China Company Ltd.(*) 2,920,248 27.3 796,387 83,140 879,527 SK South East Asia Investment Pte. Ltd.(*) 1,787,685 20.0 357,537 — 357,537 (In millions of won) December 31, 2021 Net assets Ownership Net assets Cost-book Carrying HanaCard Co., Ltd. ₩ 2,029,007 15.0 304,351 45,515 349,866 Korea IT Fund 536,804 63.3 339,976 — 339,976 SK China Company Ltd.(*) 2,603,336 27.3 709,961 83,793 793,754 SK South East Asia Investment Pte. Ltd.(*) 1,743,908 20.0 348,782 — 348,782 (*) Net assets of these entities represent net assets excluding those attributable to their non-controlling |
Details of the changes in investments in associates and joint ventures accounted for using the equity method | (6) Details of the changes in investments in associates and joint ventures accounted for using the equity method for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 Beginning Acquisition Share of (loss) Other compre- income Other (decrease) Ending Investments in associates: SK China Company Ltd. ₩ 793,754 — (19,395 ) 105,168 — 879,527 Korea IT Fund(*1) 339,976 — 4,753 (7,459 ) (12,410 ) 324,860 HanaCard Co., Ltd. 349,866 (368,389 ) 17,749 774 — — UniSK 19,156 — 2,424 (741 ) — 20,839 SK Technology Innovation Company 86,301 — (22,923 ) 5,997 — 69,375 SK MENA Investment B.V. 15,343 — (2,059 ) 1,012 — 14,296 SK Latin America Investment S.A. 14,004 — (2,083 ) 40 — 11,961 SK South East Asia Investment Pte. Ltd. 348,782 — (6,975 ) 15,730 — 357,537 Pacific Telecom Inc. 43,789 — 2,890 1,863 — 48,542 SM. Culture & Contents Co., Ltd. 60,261 37 (756 ) 69 — 59,611 Digital Games International Pte. Ltd. 2,208 (1,757 ) (562 ) 111 — — Invites Healthcare Co., Ltd.(*2) 26,474 — (11,759 ) (74 ) (14,641 ) — Nam Incheon Broadcasting Co., Ltd.(*1) 12,525 — 1,186 — (136 ) 13,575 Home Choice Corp. 3,052 — 1,403 1 — 4,456 Konan Technology Inc. 3,639 5,451 (710 ) (14 ) — 8,366 CMES Inc.(*3) — — — — 900 900 12CM JAPAN and others(*4) 68,966 1,873 1,245 — (2,350 ) 69,734 2,188,096 (362,785 ) (35,572 ) 122,477 (28,637 ) 1,883,579 Investments in joint ventures: Finnq Co., Ltd. 7,255 (3,840 ) (3,617 ) 202 — — UTC Kakao-SK 2,000 4,000 (290 ) — — 5,710 9,255 160 (3,907 ) 202 — 5,710 ₩ 2,197,351 (362,625 ) (39,479 ) 122,679 (28,637 ) 1,889,289 (*1) Dividends distributed by the associates are deducted from the carrying amount for the year ended December 31, 2022. (*2) The Group recognized ₩14,641 million of impairment loss for the year ended December 31, 2022. (*3) As the Group obtained significant influence over the investee, ₩900 million of financial assets at FVOCI are reclassified to investments in associates for the year ended December 31, 2022. (*4) The acquisition for the year ended December 31, 2022 includes ₩2,000 million of cash investment in Smart SKT Infinitum Game Fund, ₩4,000 million of cash investment in KB ESG Fund of three telecommunications companies and ₩12 million of cash investment in SK VENTURE CAPITAL, LLC. The disposal for the year ended December 31, 2022 includes ₩4,850 million relating to disposal of the part of shares of Start-up Win-Win Start-up Win-Win (In millions of won) 2021 Beginning balance Acquisition and Disposal Share of profits (losses) Other compre- income (loss) Other increase (decrease) Spin-off Ending balance Investments in associates: SK China Company Ltd.(*1) ₩ 555,133 — 274,066 95,696 (131,141 ) — 793,754 Korea IT Fund(*1) 323,294 — 31,734 (4,336 ) (10,716 ) — 339,976 HanaCard Co., Ltd. 314,930 — 35,057 (121 ) — — 349,866 SK Telecom CS T1 Co., Ltd.(*2) 53,010 4,888 (8,769 ) (575 ) — (48,554 ) — NanoEnTek, Inc.(*2) 43,190 — 1,836 (86 ) — (44,940 ) — UniSK 15,700 — 1,475 1,981 — — 19,156 SK Technology Innovation Company 41,579 — 39,256 5,466 — — 86,301 SK MENA Investment B.V. 14,043 — 2 1,298 — — 15,343 SK hynix Inc.(*1,2) 12,251,861 19,482 1,542,757 197,473 (170,937 ) (13,840,636 ) — SK Latin America Investment S.A. 13,930 — (49 ) 123 — — 14,004 Grab Geo Holdings PTE. LTD.(*2) 30,063 — — — — (30,063 ) — SK South East Asia Investment Pte. Ltd. 311,990 — (18,218 ) 55,010 — — 348,782 Pacific Telecom Inc. 39,723 — 1,598 2,468 — — 43,789 SM. Culture & Contents Co., Ltd. 62,248 144 (2,484 ) 353 — — 60,261 Contents Wavve Co., Ltd.(*2) 75,803 100,000 (20,716 ) — — (155,087 ) — Hello Nature Co., Ltd.(*2,3) 11,969 9,980 (10,899 ) (1 ) (1,730 ) (9,319 ) — Digital Games International Pte. Ltd. 6,449 — (4,529 ) 288 — — 2,208 Invites Healthcare Co., Ltd. 25,536 7,000 (5,968 ) (94 ) — — 26,474 Nam Incheon Broadcasting Co., Ltd.(*1) 10,902 — 1,759 — (136 ) — 12,525 NANO-X 28,484 (47 ) (2,049 ) — 2,437 (28,825 ) — Home Choice Corp. 3,585 — (533 ) — — — 3,052 Carrot General Insurance Co., Ltd.(*4) 13,469 12,289 (6,666 ) (358 ) (8,734 ) (10,000 ) — Bertis Inc.(*2) — 15,739 (423 ) — — (15,316 ) — UT LLC(*2) — 86,319 (7,773 ) — — (78,546 ) — SPARKPLUS Co., Ltd.(*2) — 34,166 — — — (34,166 ) — Konan Technology Inc. 1,265 2,015 357 2 — — 3,639 12CM JAPAN and others(*2,5) 64,485 7,023 (3,226 ) 7,691 (1,624 ) (5,383 ) 68,966 14,312,641 298,998 1,837,595 362,278 (322,581 ) (14,300,835 ) 2,188,096 (In millions of won) 2021 Beginning balance Acquisition and Disposal Share of profits (losses) Other compre- income (loss) Other increase (decrease) Spin-off Ending balance Investments in joint ventures: Dogus Planet, Inc.(*2) 15,071 — (6,990 ) (1,447 ) — (6,634 ) — Finnq Co., Ltd. 13,342 — (5,969 ) (118 ) — — 7,255 NEXTGEN BROADCAST SERVICES CO, LLC(*2) 5,850 9,048 (1,276 ) — 892 (14,514 ) — NEXTGEN ORCHESTRATION, LLC(*2) 1,600 — — — 142 (1,742 ) — Techmaker GmbH(*2) 5,609 — (94 ) 145 — (5,660 ) — WAVVE Americas Inc. (Formerly, Korea Content Platform, Inc.)(*2) — 30,191 (14 ) — 598 (30,775 ) — UTC Kakao-SK — 2,000 — — — — 2,000 41,472 41,239 (14,343 ) (1,420 ) 1,632 (59,325 ) 9,255 ₩ 14,354,113 340,237 1,823,252 360,858 (320,949 ) (14,360,160 ) 2,197,351 (*1) Dividends received from the associates are deducted from the carrying amount for the year ended December 31, 2021. (*2) Investment in SK Telecom CS T1 Co., Ltd. and twenty-three other associates and joint ventures were transferred to the spin-off spin-off (*3) The Group recognized ₩1,730 million of impairment loss for the investments in Hello Nature Co., Ltd. for the year ended December 31, 2021. (*4) The Parent Company has entered into an agreement whereby the entire shares of Carrot General Insurance Co., Ltd. will transfer to Tmap Mobility Co., Ltd. In accordance with the agreement, the Parent Company reclassified the investments in Carrot General Insurance Co., Ltd. amounting to ₩ 8,734 million as non-current spin-off, spin-off (*5) The acquisition for the year ended December 31, 2021 includes ₩1,000 million of cash investment in Studio Yesone Co., Ltd. and ₩1,000 million of cash investment in SONNORI Corp. and ₩687 million of cash investment in WALDEN SKT VENTURE FUND and ₩3,000 million of cash investment in Smart SKT Infinitum Game Fund and ₩1,600 million of cash investment in Laguna Dynamic Game&Contents Fund. The disposal for the year ended December 31, 2021 includes ₩334 million relating to disposal of the part of shares of KDX Korea Data Exchange. |
Details of cumulative unrecognized equity method losses | (7) The Group discontinued the application of equity method to the following investees due to their carrying amounts being reduced to zero. The details of cumulative unrecognized equity method losses as of December 31, 2022 are as follows: (In millions of won) Unrecognized loss Unrecognized change in equity 2022 Cumulative loss 2022 Cumulative loss Wave City Development Co., Ltd. ₩ 152 8,695 — — Daehan Kanggun BcN Co., Ltd. and others — 5,780 — (124 ) ₩ 152 14,475 — (124 ) |
Property and Equipment (Tables)
Property and Equipment (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of property and equipment | (1) Property and equipment as of December 31, 2022 and 2021 are as follows: December 31, 2022 (In millions of won) Acquisition cost Accumulated depreciation Accumulated impairment loss Carrying amount Land ₩ 1,005,857 — — 1,005,857 Buildings 1,736,257 (950,582 ) (450 ) 785,225 Structures 935,276 (668,019 ) (1,601 ) 265,656 Machinery 37,100,715 (29,185,881 ) (1,934 ) 7,912,900 Other 1,771,890 (1,273,655 ) (841 ) 497,394 Right-of-use 2,555,685 (766,350 ) (3,206 ) 1,786,129 Construction in progress 1,069,331 — — 1,069,331 ₩ 46,175,011 (32,844,487 ) (8,032 ) 13,322,492 December 31, 2021 (In millions of won) Acquisition cost Accumulated Accumulated Carrying Land ₩ 972,800 — — 972,800 Buildings 1,692,239 (897,336 ) (450 ) 794,453 Structures 922,637 (629,757 ) (1,601 ) 291,279 Machinery 35,770,485 (27,771,040 ) (1,518 ) 7,997,927 Other 1,718,337 (1,230,128 ) (493 ) 487,716 Right-of-use 2,229,945 (669,389 ) (1,223 ) 1,559,333 Construction in progress 767,751 — — 767,751 ₩ 44,074,194 (31,197,650 ) (5,285 ) 12,871,259 |
Changes in property and equipment | (2) Changes in property and equipment for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 Beginning Acquisition Disposal Transfer Depreciation Impairment Business Ending Land ₩ 972,800 79 (175 ) 30,364 — — 2,789 1,005,857 Buildings 794,453 1,071 (638 ) 36,219 (54,463 ) — 8,583 785,225 Structures 291,279 2,288 (32 ) 10,422 (38,301 ) — — 265,656 Machinery 7,997,927 560,889 (49,586 ) 1,696,447 (2,292,358 ) (419 ) — 7,912,900 Other 487,716 780,382 (938 ) (672,199 ) (105,730 ) (391 ) 8,554 497,394 Right-of-use 1,559,333 720,932 (65,961 ) (27,579 ) (403,794 ) (3,133 ) 6,331 1,786,129 Construction in progress 767,751 1,564,345 (1,709 ) (1,261,937 ) — — 881 1,069,331 ₩ 12,871,259 3,629,986 (119,039 ) (188,263 ) (2,894,646 ) (3,943 ) 27,138 13,322,492 (*) Includes assets acquired from the acquisition of SK m&service Co., Ltd. by PS&Marketing Corporation, a subsidiary of the Parent Company. (In millions of won) 2021 Beginning balance Acquisition Disposal Transfer Deprecia- Impairment (*2) Business combina- Spin-off Ending balance Land ₩ 1,039,323 634 (21,557 ) 24,789 — — — (70,389 ) 972,800 Buildings 858,606 3,919 (9,706 ) 47,612 (55,818 ) — 639 (50,799 ) 794,453 Structures 317,403 2,482 (6,124 ) 16,546 (37,968 ) — — (1,060 ) 291,279 Machinery 8,376,212 593,225 (44,477 ) 1,816,003 (2,394,351 ) (1,054 ) — (347,631 ) 7,997,927 Other 653,616 830,277 (2,286 ) (607,271 ) (180,980 ) (495 ) 193 (205,338 ) 487,716 Right-of-use 1,472,035 672,723 (60,159 ) (9,610 ) (433,970 ) (1,223 ) 507 (80,970 ) 1,559,333 Construction in progress 659,882 1,695,316 (1,071 ) (1,554,047 ) — — — (32,329 ) 767,751 ₩ 13,377,077 3,798,576 (145,380 ) (265,978 ) (3,103,087 ) (2,772 ) 1,339 (788,516 ) 12,871,259 (*1) Includes amounts related to discontinued operations. (*2) The Group recognized impairment losses for obsolete assets for the year ended December 31, 2021. (*3) Includes assets acquired from the acquisition of YLP Inc. and another company by Tmap Mobility Co., Ltd. and from the acquisition of Rokmedia Co., Ltd. by Onestore Co., Ltd. |
Investment Property (Table)
Investment Property (Table) | 12 Months Ended |
Dec. 31, 2022 | |
Disclosure of detailed information about investment property [abstract] | |
Disclosure Of Detailed Information AboutInvestment Property Explanatory | (1) Investment property as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Acquisition cost Accumulated depreciation Carrying amount Acquisition cost Accumulated depreciation Carrying amount Land ₩ 6,115 — 6,115 6,071 — 6,071 Buildings 21,490 (14,606 ) 6,884 21,021 (13,668 ) 7,353 Right-of-use 17,057 (4,919 ) 12,138 12,577 (2,967 ) 9,610 ₩ 44,662 (19,525 ) 25,137 39,669 (16,635 ) 23,034 (2) Changes in Investment property for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 Beginning balance Transfer Depreciation Ending balance Land ₩ 6,071 44 — 6,115 Buildings 7,353 564 (1,033 ) 6,884 Right-of-use 9,610 4,124 (1,596 ) 12,138 ₩ 23,034 4,732 (2,629 ) 25,137 (In millions of won) 2021 Beginning balance Transfer Ending balance Land ₩ — 6,071 6,071 Buildings — 7,353 7,353 Right-of-use — 9,610 9,610 ₩ — 23,034 23,034 |
Lease (Tables)
Lease (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of right of use assets | (1) Group as a lessee 1) Details of the right-of-use (In millions of won) December 31, 2022 December 31, 2021 Land, buildings and structures ₩ 1,546,918 1,392,925 Others 239,211 166,408 ₩ 1,786,129 1,559,333 |
Summary of amounts recognized in the condensed consolidated interim statements of income of leases | 2) Details of amounts recognized in the consolidated statements of income for the years ended December 31, 2022, 2021 and 2020 as a lessee are as follows: (In millions of won) 2022 2021(*) 2020(*) Depreciation of right-of-use Land, buildings and structures ₩ 346,499 338,304 347,166 Others 57,295 95,666 89,065 ₩ 403,794 433,970 436,231 Interest expense on lease liabilities ₩ 29,996 23,998 22,976 (*) Includes amounts related to discontinued operations. |
Summary of maturity analysis of finance lease receivables | The following table sets out a maturity analysis for lease receivables, presenting the undiscounted lease payments to be received subsequent to December 31, 2022. (In millions of won) Amount Less than 1 year ₩ 11,079 1 ~ 2 years 3,707 2 ~ 3 years 2,062 3 ~ 4 years 509 4 ~ 5 years 231 Undiscounted lease payments ₩ 17,588 Unrealized finance income 449 Net investment in the lease 17,139 |
Summary of maturity analysis of operating lease receivables | The following table sets out a maturity analysis of lease payments, presenting the undiscounted fixed payments to be received subsequent to December 31, 2022. (In millions of won) Amount Less than 1 year ₩ 239,174 1 ~ 2 years 132,802 2 ~ 3 years 60,808 3 ~ 4 years 9,424 4 ~ 5 years 3,520 More than 5 years 1,706 ₩ 447,434 |
Goodwill (Tables)
Goodwill (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of goodwill | (1) Goodwill as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Goodwill related to merger of Shinsegi Telecom, Inc. ₩ 1,306,236 1,306,236 Goodwill related to acquisition of SK Broadband Co., Ltd. 764,082 764,082 Other goodwill 4,691 2,175 ₩ 2,075,009 2,072,493 |
Details of the changes in goodwill | (3) Details of the changes in goodwill for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 2021 Beginning balance ₩ 2,072,493 3,357,524 Acquisition(*) 2,516 111,928 Other — (43 ) Spin-off — (1,396,916 ) Ending balance ₩ 2,075,009 2,072,493 (*) It consists of goodwill recognized as PS&Marketing Corporation’s acquisition of SK m&service Co., Ltd for the years ended December 31,2022. It consists of goodwill recognized as Tmap Mobility Co., Ltd.’s acquisition of YLP Inc. and another company, goodwill recognized as Dreamus Company’s acquisition of Studio Dolphin Co., Ltd. and goodwill recognized from Onestore Co., Ltd.’s acquisition of Rokmedia Co., Ltd. for the year ended December 31, 2021 (See Note 11). |
Intangible Assets (Tables)
Intangible Assets (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Statement [LineItems] | |
Summary of intangible assets | (1) Intangible assets as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Acquisition cost Accumulated amortization Accumulated impairment Carrying amount Frequency usage rights(*1) ₩ 3,767,590 (1,499,158 ) (186,000 ) 2,082,432 Land usage rights 59,389 (58,165 ) — 1,224 Industrial rights 94,238 (30,068 ) (12,378 ) 51,792 Development costs 14,497 (14,213 ) — 284 Facility usage rights 157,651 (142,654 ) — 14,997 Customer relations 505,063 (204,882 ) — 300,181 Club memberships(*2) 116,401 — (24,430 ) 91,971 Other(*3) 4,627,565 (3,839,030 ) (6,506 ) 782,029 ₩ 9,342,394 (5,788,170 ) (229,314 ) 3,324,910 (In millions of won) December 31, 2021 Acquisition cost Accumulated amortization Accumulated impairment Carrying amount Frequency usage rights(*1) ₩ 7,221,735 (4,476,046 ) (186,000 ) 2,559,689 Land usage rights 48,318 (45,586 ) — 2,732 Industrial rights 92,332 (36,342 ) (36 ) 55,954 Development costs 34,393 (34,193 ) — 200 Facility usage rights 156,062 (138,188 ) — 17,874 Customer relations 507,581 (180,324 ) — 327,257 Club memberships(*2) 113,300 — (24,806 ) 88,494 Other(*3) 4,347,971 (3,524,002 ) (6,400 ) 817,569 ₩ 12,521,692 (8,434,681 ) (217,242 ) 3,869,769 (*1) The Parent Company was reassigned 800 MHz, 1.8 GHz and 2.1 GHz band of frequency licenses from the Ministry of Science and Information and Communication Technology (“ICT”) in exchange for ₩227,200 million, ₩547,800 million and ₩411,700 million, respectively, for the year ended December 31, 2021. The band of frequency was assigned to the Parent Company at the date of initial lump sum payment for the year ended December 31, 2021 and the annual payments in installment for the remaining balances are made in the next five years starting from the date of initial lump sum payment. (*2) Club memberships are classified as intangible assets with indefinite useful lives and are not amortized. (*3) Other intangible assets primarily consist of computer software and others. |
Details of the changes in intangible assets | (3) Research and development expenditures recognized as expense for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021(*) 2020(*) Research and development costs expensed as incurred ₩ 340,864 406,672 416,445 (*) Includes amounts related |
Intangible assets other than goodwill [Member] | |
Statement [LineItems] | |
Details of the changes in intangible assets | (2) Changes in intangible assets for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 Beginning Acquisition Disposal Transfer Amortization Impairment(*1) Business combination(*2) Ending balance Frequency usage rights ₩ 2,559,689 — — — (477,257 ) — — 2,082,432 Land usage rights 2,732 — — — (1,508 ) — — 1,224 Industrial rights 55,954 13,428 (823 ) (103 ) (4,324 ) (12,343 ) 3 51,792 Development costs 200 — — — (573 ) — 657 284 Facility usage rights 17,874 1,396 (2 ) 252 (4,523 ) — — 14,997 Customer relations 327,257 — — — (27,076 ) — — 300,181 Club memberships(*1) 88,494 9,926 (7,113 ) — — (725 ) 1,389 91,971 Other(*2) 817,569 108,144 (380 ) 189,075 (342,776 ) (16 ) 10,413 782,029 ₩ 3,869,769 132,894 (8,318 ) 189,224 (858,037 ) (13,084 ) 12,462 3,324,910 (*1) The Group recognized the difference between recoverable amount and the carrying amount of intangible assets amounting to ₩13,084 million as impairment loss for the year ended December 31, 2022. (*2) Includes assets acquired from the acquisition of SK m&service Co., Ltd. by PS&Marketing Corporation, a subsidiary of the Parent Company. (In millions of won) 2021 Beginning balance Acquisition Disposal Transfer Amorti- zation (*1) Reversal (Impairment) (*2) Business Combina- tion(*3) Spin-off Ending balance Frequency usage rights ₩ 1,932,765 1,145,999 — — (519,075 ) — — — 2,559,689 Land usage rights 4,720 175 (76 ) — (2,087 ) — — — 2,732 Industrial rights 71,442 5,158 (8 ) 390 (6,377 ) (36 ) — (14,615 ) 55,954 Development costs 9,364 1,279 (150 ) — (3,210 ) — — (7,083 ) 200 Facility usage rights 21,880 1,690 (21 ) 328 (6,003 ) — — — 17,874 Customer relations 919,863 4,854 (461 ) — (53,342 ) — 4,705 (548,362 ) 327,257 Club memberships 106,865 6,518 (9,925 ) — — 653 — (15,617 ) 88,494 Brands 374,096 — — — — — — (374,096 ) — Other 995,199 80,713 (4,580 ) 276,890 (421,213 ) (111 ) 5,059 (114,388 ) 817,569 ₩ 4,436,194 1,246,386 (15,221 ) 277,608 (1,011,307 ) 506 9,764 (1,074,161 ) 3,869,769 (*1) Includes amounts related to discontinued operations. (*2) The Group recognized the difference between recoverable amount and the carrying amount of intangible assets amounting to ₩147 million as impairment loss and ₩653 million as reversal of impairment loss, respectively, for the year ended December 31, 2021. (*3) Includes assets acquired from the acquisition of YLP Co., Ltd. and another company by Tmap Mobility Co., Ltd., and Rokmedia Co., Ltd. by Onestore Co., Ltd. |
Frequency usage rights [member] | |
Statement [LineItems] | |
Details of the changes in intangible assets | (4) Details of frequency usage rights as of December 31, 2022 are as follows: (In millions of won) As of December 31, 2022 Amount Description Commencement of amortization Completion of amortization 800MHz license ₩ 153,704 LTE service Jul Jun 1.8GHz license 414,317 LTE service Dec Dec 2.6GHz license 485,670 LTE service Sep Dec 2.1GHz license 311,381 W-CDMA and LTE service Dec Dec 3.5GHz license 712,594 5G service Apr Nov 28GHz license 4,766 5G service Jan May ₩ 2,082,432 |
Borrowings and Debentures (Tabl
Borrowings and Debentures (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Short-term borrowings | (1) Short-term borrowings as of December 31, 2022 and 2021 are as follows: (In millions of won) Lender Annual interest rate (%) Maturity December 31, 2022 December 31, 2021 BNK Securities. Co.,Ltd. 4.60 Jan. 20, 2023 ₩ 100,000 — KEB Hana Bank 6.62 Oct. 31, 2023 30,000 — Hana Financial Investment Co., Ltd.(*) 6.30 May. 29, 2023 4,642 4,642 DB Financial Investment Co., Ltd.(*) 6.30 May. 29, 2023 2,785 2,785 Shinhan Financial Investment Co., Ltd.(*) 6.20 Feb. 20, 2023 5,571 5,571 ₩ 142,998 12,998 (*) PanAsia Semiconductor Materials LLC., a subsidiary of the Parent Company, has pledged its ₩21,981 million of equity instruments at FVTPL on ₩12,998 million of short-term loans as of December 31, 2022. |
Long-term borrowings | (2) Long-term borrowings as of December 31, 2022 and 2021 are as follows: (In millions of won and thousands of other currencies) Lender Annual interest rate (%) Maturity December 31, 2022 December 31, 2021 Korea Development Bank(*1) 1.87 Feb. 10, 2026 ₩ 40,625 50,000 Korea Development Bank(*2) 3M CD + 0.71 Dec. 21, 2022 — 12,500 Credit Agricole CIB(*2,3) 3M CD + 0.82 Dec. 14, 2023 12,500 25,000 Export Kreditnamnden 1.70 Apr. 29, 2022 — 6,746 (USD 5,690) Mizuho bank, Ltd. 1.35 May. 20, 2024 100,000 100,000 DBS bank Ltd. 1.32 May. 28, 2024 200,000 200,000 DBS bank Ltd. 2.68 Mar. 10, 2025 200,000 — Credit Agricole CIB 3.30 Apr. 29, 2024 50,000 — Mizuho Bank, Ltd. 3.29 Nov. 27, 2023 100,000 — Nonghyup Bank(*4) MOR + 1.96 Nov. 17, 2024 40,000 — Credit Agricole CIB 4.89 Nov. 28, 2025 50,000 — 793,125 394,246 Less: present value discount (13 ) (59 ) 793,112 394,187 Less: current portions (124,987 ) (41,065 ) ₩ 668,125 353,122 (*1) The long-term borrowings are to be repaid by installments on an annual basis from 2022 to 2026. (*2) 3M CD rates are 3.98 1.29 (*3) The long-term borrowings are to be repaid by installments on an annual basis from 2020 to 2023. (*4) 6M MOR rates are 4.35% as of December 31, 2022. |
Debentures | (3) Debentures as of December 31, 2022 and 2021 are as follows: (In millions of won and thousands of U.S. dollars) Purpose Maturity Annual interest rate (%) December 31, 2022 December 31, 2021 Unsecured corporate bonds Operating and refinancing fund 2022 3.30 — 140,000 Unsecured corporate bonds 2032 3.45 90,000 90,000 Unsecured corporate bonds Operating fund 2023 3.03 230,000 230,000 Unsecured corporate bonds 2033 3.22 130,000 130,000 Unsecured corporate bonds 2024 3.64 150,000 150,000 Unsecured corporate bonds Refinancing fund 2024 2.82 190,000 190,000 Unsecured corporate bonds Operating and refinancing fund 2022 2.40 — 100,000 Unsecured corporate bonds 2025 2.49 150,000 150,000 Unsecured corporate bonds 2030 2.61 50,000 50,000 Unsecured corporate bonds Operating fund 2025 2.66 70,000 70,000 Unsecured corporate bonds 2030 2.82 90,000 90,000 Unsecured corporate bonds Operating and refinancing fund 2025 2.55 100,000 100,000 Unsecured corporate bonds 2035 2.75 70,000 70,000 Unsecured corporate bonds Operating fund 2026 2.08 90,000 90,000 Unsecured corporate bonds 2036 2.24 80,000 80,000 Unsecured corporate bonds 2026 1.97 120,000 120,000 Unsecured corporate bonds 2031 2.17 50,000 50,000 Unsecured corporate bonds Refinancing fund 2022 2.17 — 120,000 Unsecured corporate bonds 2027 2.55 100,000 100,000 Unsecured corporate bonds Operating and refinancing fund 2032 2.65 90,000 90,000 Unsecured corporate bonds Operating and refinancing fund 2022 2.63 — 80,000 Unsecured corporate bonds Refinancing fund 2027 2.84 100,000 100,000 Unsecured corporate bonds 2023 2.81 100,000 100,000 Unsecured corporate bonds 2028 3.00 200,000 200,000 Unsecured corporate bonds 2038 3.02 90,000 90,000 Unsecured corporate bonds Operating and refinancing fund 2023 2.33 150,000 150,000 Unsecured corporate bonds 2038 2.44 50,000 50,000 Unsecured corporate bonds Operating fund 2022 2.03 — 180,000 Unsecured corporate bonds 2024 2.09 120,000 120,000 Unsecured corporate bonds 2029 2.19 50,000 50,000 Unsecured corporate bonds 2039 2.23 50,000 50,000 Unsecured corporate bonds Operating and refinancing fund 2022 1.40 — 120,000 Unsecured corporate bonds 2024 1.49 60,000 60,000 Unsecured corporate bonds 2029 1.50 120,000 120,000 Unsecured corporate bonds 2039 1.52 50,000 50,000 Unsecured corporate bonds 2049 1.56 50,000 50,000 Unsecured corporate bonds Operating fund 2022 1.69 — 230,000 Unsecured corporate bonds 2024 1.76 70,000 70,000 Unsecured corporate bonds 2029 1.79 40,000 40,000 Unsecured corporate bonds 2039 1.81 60,000 60,000 Unsecured corporate bonds Operating and refinancing fund 2023 1.64 170,000 170,000 (In millions of won and thousands of U.S. dollars) Purpose Maturity Annual interest rate (%) December 31, 2022 December 31, Unsecured corporate bonds Operating fund 2025 1.75 130,000 130,000 Unsecured corporate bonds 2030 1.83 50,000 50,000 Unsecured corporate bonds 2040 1.87 70,000 70,000 Unsecured corporate bonds Refinancing fund 2025 1.40 140,000 140,000 Unsecured corporate bonds 2030 1.59 40,000 40,000 Unsecured corporate bonds 2040 1.76 110,000 110,000 Unsecured corporate bonds Refinancing fund 2024 1.17 80,000 80,000 Unsecured corporate bonds 2026 1.39 80,000 80,000 Unsecured corporate bonds 2031 1.80 50,000 50,000 Unsecured corporate bonds 2041 1.89 100,000 100,000 Unsecured corporate bonds Refinancing fund 2024 2.47 90,000 90,000 Unsecured corporate bonds 2026 2.69 70,000 70,000 Unsecured corporate bonds 2041 2.68 40,000 40,000 Unsecured corporate bonds 2025 3.80 240,000 — Unsecured corporate bonds 2027 3.84 70,000 — Unsecured corporate bonds 2042 3.78 40,000 — Unsecured corporate bonds 2025 4.00 300,000 — Unsecured corporate bonds 2027 4.00 95,000 — Unsecured corporate bonds 2024 4.79 100,000 — Unsecured corporate bonds 2025 4.73 110,000 — Unsecured corporate bonds 2027 4.74 60,000 — Unsecured corporate bonds 2032 4.69 40,000 — Unsecured corporate bonds(*1) Operating fund 2022 2.26 — 150,000 Unsecured corporate bonds(*1) Operating and refinancing fund 2022 2.70 — 140,000 Unsecured corporate bonds(*1) 2023 2.93 80,000 80,000 Unsecured corporate bonds(*1) Refinancing fund 2022 2.00 — 50,000 Unsecured corporate bonds(*1) 2024 2.09 160,000 160,000 Unsecured corporate bonds(*1) Operating and refinancing fund 2022 1.71 — 80,000 Unsecured corporate bonds(*1) 2024 1.71 100,000 100,000 Unsecured corporate bonds(*1) 2026 1.86 50,000 50,000 Unsecured corporate bonds(*1) Refinancing fund 2023 1.48 100,000 100,000 Unsecured corporate bonds(*1) Operating and refinancing fund 2025 1.64 100,000 100,000 (In millions of won and thousands of U.S. dollars) Purpose Maturity Annual interest rate (%) December 31, 2022 December 31, 2021 Unsecured corporate bonds(*1) Refinancing fund 2025 1.41 160,000 160,000 Unsecured corporate bonds(*1) 2024 1.69 100,000 100,000 Unsecured corporate bonds(*1) 2025 2.58 100,000 — Unsecured corporate bonds(*1) 2032 2.92 50,000 — Unsecured global bonds Operating fund 2027 6.63 506,920 (USD 400,000 ) 474,200 (USD Unsecured global bonds 2023 3.75 633,650 (USD 500,000 ) 592,750 (USD 500,000 ) Unsecured global bonds(*1) Refinancing fund 2023 3.88 380,190 (USD 300,000 ) 355,650 (USD 300,000 ) Floating rate notes(*2) Operating fund 2025 3M LIBOR + 0.91 380,190 (USD 300,000 ) 355,650 (USD 300,000 ) 8,385,950 8,448,250 Less: discounts on bond (19,256 ) (21,567 ) 8,366,694 8,426,683 Less: current portions of bonds (1,842,599 ) (1,389,259 ) 6,524,095 7,037,424 (*1) Unsecured corporate bonds were issued by SK Broadband Co., Ltd., a subsidiary of the Parent Company. (*2) 3M LIBOR rates are 4.75% and 0.21% as of December 31, 2022 and 2021, respectively. |
Long-term Payables - other (Tab
Long-term Payables - other (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of Long-term payables - other | (1) As of December 31, 2022 and 2021, details of long-term payables — other related to the acquisition of frequency usage rights are as follows (See note 17): (In millions of won) December 31, 2022 December 31, 2021 Long-term payables — other ₩ 1,690,470 2,090,715 Present value discount on long-term payables — other (52,129 ) (80,882 ) Current installments of long-term payables — other (398,874 ) (398,823 ) Carrying amount as of December 31 ₩ 1,239,467 1,611,010 |
Repayment schedule of the principal amount of long-term payables - other related to acquisition of frequency usage rights | (2) The sum of portions repaid among the principal of long-term payables — other for the years ended December 31, 2022 and 2021 amounts at ₩400,245 million and ₩425,349 million, respectively. The repayment schedule of the principal amount of long-term payables — other as of December 31, 2022 is as follows: (In millions of won) Amount Less than 1 year ₩ 400,245 1~3 years 738,300 3~5 years 460,538 More than 5 years 91,387 ₩ 1,690,470 |
Provisions (Tables)
Provisions (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Changes in provisions | Changes in provisions for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 As of December 31, 2022 Beginning balance Increase Utilization Reversal Other Business combination Ending balance Current Non-current Provision for restoration ₩ 114,731 6,823 (5,679 ) (1,767 ) (10 ) 991 115,089 36,998 78,091 Emission allowance 1,885 2,719 — (2,418 ) — — 2,186 2,186 — Other provisions 10,379 4,071 (9,509 ) (3,080 ) (38 ) — 1,823 499 1,324 ₩ 126,995 13,613 (15,188 ) (7,265 ) (48 ) 991 119,098 39,683 79,415 (In millions of won) 2021 As of December 31, 2021 Beginning balance Increase Utilization Reversal Other Business combination Spin-off Ending balance Current Non-current Provision for restoration ₩ 113,653 12,648 (6,283 ) (440 ) 172 — (5,019 ) 114,731 59,204 55,527 Emission allowance 7,424 1,368 (1,091 ) (5,816 ) — — — 1,885 1,885 — Other provisions 29,800 1,655 (18,909 ) (1,820 ) — 385 (732 ) 10,379 567 9,812 ₩ 150,877 15,671 (26,283 ) (8,076 ) 172 385 (5,751 ) 126,995 61,656 65,339 |
Defined Benefit Liabilities (_2
Defined Benefit Liabilities (Assets) (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Statement [LineItems] | |
Details of defined benefit liabilities (assets) | (1) Details of defined benefit liabilities (assets) as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Present value of defined benefit obligations ₩ 1,038,320 1,035,016 Fair value of plan assets (1,214,007 ) (1,040,286 ) Defined benefit assets(*) (175,748 ) (18,427 ) Defined benefit liabilities 61 13,157 (*) Since the Group entities neither have legally enforceable right nor intention to settle the defined benefit obligations of Group entities with defined benefit assets of other Group entities, defined benefit assets of Group entities have been separately presented from defined benefit liabilities. |
Principal actuarial assumptions | (2) Principal actuarial assumptions as of December 31, 2022 and 2021 are as follows: December 31, 2022 December 31, 2021 Discount rate for defined benefit obligations 5.09% ~ 5.71% 2.35 ~ 3.29% Expected rate of salary increase 2.00% ~ 8.37% 2.00 ~ 5.29% |
Cost of benefit plan recognized in profit and loss | (5) Total cost of benefit plan, which is recognized in profit and loss (included in labor in the statement of income) for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) For the year ended December 31 2022 2021(*) Current service cost ₩ 134,847 186,395 Net interest cost (338 ) 4,067 ₩ 134,509 190,462 (*) Includes amounts related to discontinued operations. |
Details of plan assets | (6) Details of plan assets as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Equity instruments ₩ 17,716 25,083 Debt instruments 174,385 228,534 Short-term financial instruments, etc. 1,021,906 786,669 ₩ 1,214,007 1,040,286 |
Effects on defined benefit obligations if each of significant actuarial assumptions changes within expectable and reasonable range | (7) As of December 31, 2022, effects on defined benefit obligations if each of significant actuarial assumptions changes within expectable and reasonable range are as follows: (In millions of won) 0.5% 0.5% Discount rate ₩ (35,826) 38,337 Expected salary increase rate 38,500 (36,315 ) |
Retirement benefit obligation [Member] | |
Statement [LineItems] | |
Changes in defined benefit liabilities (assets) | (3) Changes in defined benefit obligations for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) For the year ended December 31 2022 2021(*1) Beginning balance ₩ 1,035,016 1,278,550 Current service cost 134,847 186,395 Interest cost 32,572 28,617 Remeasurement - Demographic assumption (28,222 ) (794 ) - Financial assumption (84,532 ) (29,399 ) - Adjustment based on experience 2,369 5,773 Business combinations(*2) 29,357 — Benefit paid (79,117 ) (114,897 ) Spin-off — (318,476 ) Others(*3) (3,970 ) (753 ) Ending balance ₩ 1,038,320 1,035,016 (*1) Includes amounts related to discontinued operations. (*2) Includes liabilities acquired from the acquisition of SK m&service Co., Ltd. by PS&Marketing Corporation, a subsidiary of the Parent Company. (*3) Others include changes of liabilities due to employee’s transfers among affiliates for the years ended December 31, 2022 and 2021. |
Plan assets [member] | |
Statement [LineItems] | |
Changes in defined benefit liabilities (assets) | (4) Changes in plan assets for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) For the year ended December 31 2022 2021(1*) Beginning balance ₩ 1,040,286 1,127,163 Interest income 32,910 24,550 Remeasurement (18,622 ) (3,798 ) Contributions 215,254 152,208 Benefit paid (83,123 ) (100,511 ) Business combinations(*2) 26,618 — Spin-off — (157,522 ) Others 684 (1,804 ) Ending balance ₩ 1,214,007 1,040,286 (*1) Includes amounts related to discontinued operations. (*2) Includes assets acquired from the acquisition of SK m&service Co., Ltd. by PS&Marketing Corporation, a subsidiary of the Parent Company. |
Derivative Instruments (Tables)
Derivative Instruments (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Currency and interest rate swap contracts under cash flow hedge accounting | (1) Currency and interes t rate flow (In millions of won and thousands of U.S. dollars) Borrowing Hedging Instrument (Hedged item) Hedged risk Financial Duration of Jul. 20, 2007 Fixed-to-fixed 400,000 Foreign currency risk Morgan Stanley and four other banks Jul. 20, 2007 ~ Apr. 16 2018 Fixed-to-fixed 500,000 Foreign currency risk The Export-Import Bank of Korea and three other banks Apr. 16, 2018 ~ Apr. 16, 2023 Mar. 4, 2020 Floating-to-fixed 300,000 Foreign currency risk and Interest rate risk Citibank Mar. 4, 2020 ~ Jun. 4, 2025 Aug. 13 2018 Fixed-to-fixed Foreign currency risk Citibank Aug. 13, 2018 ~ Aug. 13, 2023 Dec. 19, 2018 Floating-to-fixed 12,500 Interest rate risk Credit Agricole CIB Mar.19, 2019 ~ Dec.14, 2023 (2) SK Broadband Co., Ltd., a subsidiary of the Parent Company, entered into Total Return Swap(TRS) contract amou n |
Details of fair values of the above derivatives recorded in assets or liabilities | As of December 31, 2022, details of fair values of the derivatives assets and liabilities are as follows: (In millions of won and thousands of U.S. dollars) Hedging instrument (Hedged item) Cash flow hedge Fair value Current assets: Fixed-to-fixed ₩ 44,365 44,365 Fixed-to-fixed 102,780 102,780 Floating-to-fixed 164 164 Non-current Fixed-to-fixed ₩ 82,735 82,735 Floating-to-fixed 37,107 37,107 ₩ 267,151 267,151 |
Detailed information about f financial instruments under cash flow hedge | . As of December 31, 2022, details of fair values of the derivative assets and liabilities are as follows: (In millions of won) Held for trading Fair value Current assets: Contingent subscription right ₩ 8,083 8,083 Subscription right 13,135 13,135 21,218 21,218 Non-current Contingent subscription right 6,895 6,895 Total return swap 25,896 25,896 32,791 32,791 ₩ 54,009 54,009 Non-current Drag-along and call option rights ₩ (302,593 ) (302,593 ) |
Share Capital and Capital Sur_2
Share Capital and Capital Surplus and Others (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Number of authorized, issued and outstanding common shares and the details of capital surplus and others | (1) Details of share capital as of December 31, 2022 and 2021 are as follows: (In millions of won, except for share data) December 31, 2022 December 31, 2021 Number of authorized shares(*1) 670,000,000 670,000,000 Par value (in W 100 100 Number of issued shares 218,833,144 218,833,144 Share capital: Common share(*2) ₩ 30,493 30,493 (*1) As a result of stock split and spin-off (*2) The Parent Company’s share capital decreased by ₩14,146 million as a result of spin-off (4) Details of capital surplus and others as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Paid-in ₩ 1,771,000 1,771,000 Treasury shares (Note 24) (36,702 ) (57,314 ) Hybrid bonds (Note 25) 398,759 398,759 Share option (Note 26) 2,061 47,166 Others (*) (13,702,235 ) (13,783,337 ) ₩ (11,567,117 ) (11,623,726 ) (*) Others primarily consists in excess of the the |
Details of shares outstanding | (3) Details of shares outstanding as of December 31, 2022 and 2021 are as follows: (In shares) December 31, 2022 December 31, 2021 Issued shares Treasury Outstanding Issued shares Treasury Outstanding Shares outstanding 218,833,144 801,091 218,032,053 218,833,144 1,250,992 217,582,152 |
Disclosure of Reconciliation of number of shares outstanding | (2) Changes in issued shares for the years ended December 31, 2022 and 2021 are as follows: (In shares) 2022 2021 Issued shares as of January 1 218,833,144 80,745,711 Retirement of treasury shares(*1) — (8,685,568 ) Stock split(*2) — 288,240,572 Spin-off(*3) — (141,467,571 ) Issued shares as of December 31 218,833,144 218,833,144 (*1) The Parent Company retired 8,685,568 treasury shares with reduction of its retained earnings before appropriation for the year ended December 31, 2021. (*2) The stock split of the Parent Company’s common share was approved at the shareholders’ meeting held on October 12, to increase the number of its outstanding shares, effective from October 28, 2021. The par value of issued shares has changed from ₩500 to ₩100. (*3) The allocation of new shares to shareholders of the spin-off |
Disclosure of Allocation of new shares to shareholders | Surviving Company Spin-off Company Company name SK Telecom Co., Ltd. SK Square Co., Ltd. Common shares (in the number of shares) 0.6073625 0.3926375 |
Treasury Shares (Tables)
Treasury Shares (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of treasury share | (1) Treasury shares as of December 31, 2022 and 2021 are as follows: (In millions of won, except for the number of shares) December 31, 2022 December 31, 2021 Number of shares 801,091 1,250,992 Acquisition cost ₩ 36,702 57,314 |
Summary of changes in treasury shares | (2) Changes in treasury shares for the years ended December 31, 2022 and 2021 are as follows: (In shares) 2022 2021 Treasury shares as of January 1 1,250,992 9,418,558 Acquisition (*1) — 288,000 Disposal (*2) — (626,740 ) Retirement of treasury shares (*3) — (8,685,568 ) Stock split (*4) — 1,577,000 Spin-off — (719,955 ) Disposal (*6) (449,901 ) (303 ) Treasury shares as of December 31 801,091 1,250,992 (*1) The Parent Company acquired 288,000 of its treasury shares for ₩72,982 million in an effort to increase shareholder value by stabilizing its stock price for the years ended December 31, 2021. (*2) The Parent Company distributed 626,240 treasury shares (acquisition cost: ₩141,342 million) as bonus payment to the employees and congratulatory bonus payment for the spin-off, respectively. In addition, the Parent Company distributed 500 treasury shares (acquisition cost: ₩113 million) as compensation to the non-executive (*3) The Parent Company retired 8,685,568 treasury shares with reduction of its retained earnings before appropriation, as a result, the Parent Company’s issued shares have decreased without change in share capital for the year ended December 31, 2021. (*4) The stock split of the Parent Company’s common stock was approved at the shareholders’ meeting held on October 12, 2021, to increase the number of its outstanding shares, effective from October 28, 2021. (*5) 773,987 treasury shares, some of treasury shares held by the Parent Company, have been replaced common shares of SK Square Co., Ltd., spin-off spin-off spin-off (*6) The Parent Company distributed 303 treasury shares (acquisition cost: ₩14 million) as congratulatory bonus payment of spin-off |
Hybrid Bonds (Tables)
Hybrid Bonds (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of hybrid bonds | Hybrid bonds classified as equity as of December 31, 2022 and 2021 are as follows: (In millions of won) Type Issuance date Maturity(*1) Annual December 31, December 31, Series 2-1 Unsecured subordinated bearer bond June 7, 2018 June 7, 2078 3.70 ₩ 300,000 300,000 Series 2-2 Unsecured subordinated bearer bond June 7, 2018 June 7, 2078 3.65 100,000 100,000 Issuance costs (1,241 ) (1,241 ) ₩ 398,759 398,759 As there is no contractual obligation to deliver financial assets to the holders of hybrid bonds, the Parent Company classified the hybrid bonds as equity. These are subordinated bonds which rank before common shares in the event of a liquidation or reorganization of the Parent Company. (*1) The Parent Company has a right to extend the maturity without any notice or announcement. (*2) Annual interest rate is determined as yield rate of 5-year step-up |
Share based payment arrangeme_2
Share based payment arrangement (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of Terms and Conditions Related to Grants of Share Based Payment Arrangement | (1) The terms and conditions related to the grants of the share-based payment arrangement are as follows: 1) Share-based payment arrangement with cash alternatives Series 1-2 1-3 2 3 4 5(*2) 6(*2) Grant date March 24, 2017 February 20, February 22, March 26, 2019 March 26, 2020 March 25, 2021 Types of shares to be issued Registered common shares Grant method Reissue of treasury shares, Cash settlement Number of shares (*1) (in share) 67,320 67,320 4,124 8,907 5,266 376,313 87,794 Exercise price (*1) (in won) 53,298 57,562 50,824 53,052 50,862 38,452 50,276 Exercise period Mar. 25, 2020 ~ Mar. 25, 2021 ~ Feb. 21, 2020 ~ Feb. 23, 2021 ~ Mar. 27, 2021 ~ Mar. 27, 2023 ~ Mar. 26, 2023 ~ Vesting conditions 3 years’ service from the grant date 4 years’ service from the grant date 2 years’ service from the grant date 2 years’ service from the grant date 2 years’ service from the grant date 3 years’ service from the grant date 2 years’ service from the grant date Series 7-1 7-2(*2) Grant date March 25, 2022 Types of shares to be issued Registered common shares Grant method Reissue of treasury shares, Cash settlement Number of shares (in share) 295,275 109,704 Exercise price (in won) 56,860 56,860 Exercise period Mar. 26, 2025 ~ Mar. 25, 2029 Mar. 26, 2024 ~ Mar. 25, 2027 Vesting conditions 2 years’ service from the grant date 2 years’ service from the grant date 2) Cash-settled share-based payment arrangement 2021 2022 Share appreciation rights of SK Telecom Co., Ltd. (*3) Share appreciation rights of SK Square Co., Ltd. (*3) Share appreciation rights of SK Telecom Co., Ltd. (*3) Grant date January 1, 2021 January 1, 2022 Grant method Cash settlement Number of shares (*1) (in share) 183,246 118,456 338,525 Exercise price (*1) (in won) 50,276 56,860 Exercise period Jan. 1, 2023 ~ Mar. 28, 2024 Jan. 1, 2024 ~ Mar. 25, 2025 Vesting conditions 2 years’ service from the grant date 2 years’ service from the grant date (*1) Number of shares granted and exercise price are adjusted as a result of stock split and spin-off 1-1st (*2) Parts of the grant that have not met the vesting conditions have been forfeited for the years ended December 31, 2022 and 2021. (*3) The Parent Company newly established the long-term incentive policy as part of the compensation related to the growth of corporate value and granted cash settled share appreciation rights to executives. Meanwhile, parts of the grant that have not met the vesting conditions have been forfeited for the year ended December 31, 2022. (2) The Parent Company has changed the accounting treatment for share-based payment arrangements with cash alternatives from equity-settled share-based payment arrangements to cash-settled share-based payment arrangements for the year ended December 31, 2022. The fair value of the goods or services that the Parent Company acquired from its employees and the liability incurred at the date of reclassification is ₩4,221 million, which is included in accrued expenses as of December 31, 2022. The Parent Company recognized the difference between the fair value of the liability at the date of reclassification and amount of the share options that the Parent Company had already recognized as capital surplus and others. Share compensation expense for share-based payment arrangements with cash alternatives recognized for the year ended December 31, 2022 and the remaining share compensation expense to be recognized in subsequent periods are as follows: |
Summary of Share Compensation Expense Recognized | Share compensation expense for share-based payment arrangements with cash alternatives recognized for the year ended December 31, 2022 and the remaining share compensation expense to be recognized in subsequent periods are as follows: (In millions of won) Share As of December 31, 2021 ₩ 76,979 For the year ended December 31, 2022 78,600 In subsequent periods 40 ₩ 155,619 The carrying amount of liabilities recognized by the Parent Company in relation to the cash-settled share-based payment arrangement is ₩906 million and ₩1,774 million as of December 31, 2022 and 2021, respectively. |
Summary of Inputs Used in Binomial Option Pricing Model | (3) The Parent Company used binomial option pricing model in the measurement of the fair value of the share options at grant date and the inputs used in the model are as follows: 1) Share-based payment arrangement with cash alternatives (i) SK Telecom Co., Ltd. (In won) Series 1-2 1-3 2 3 4 5 6 Risk-free interest rate 3.67 % 3.70 % 3.65 % 3.70 % 3.70 % 3.76 % 3.74 % Estimated option’s life 6 years 7 years 5 years 5 years 5 years 7 years 5 years Share price on the remeasurement date 47,400 47,400 47,400 47,400 47,400 47,400 47,400 Expected volatility 20.80 % 20.80 % 20.80 % 20.80 % 20.80 % 20.80 % 20.80 % Expected dividends 6.90 % 6.90 % 6.90 % 6.90 % 6.90 % 6.90 % 6.90 % Exercise price(*) 53,298 57,562 50,824 53,052 50,862 38,452 50,276 Per-share 250 947 357 1,639 2,289 9,628 3,837 (In won) Series 7-1 7-2 Risk-free interest rate 3.75 % 3.76 % Estimated option’s life 7 years 5 years Share price on the remeasurement date 47,400 47,400 Expected volatility 20.80 % 20.80 % Expected dividends 6.90 % 6.90 % Exercise price 56,860 56,860 Per-share 3,153 2,693 (ii) SK Square Co., Ltd. (In won) Series 1-2 1-3 2 3 4 5 6 Risk-free interest rate 1.95 % 2.07 % 2.63 % 1.91 % 1.78 % 1.52 % 1.55 % Estimated option’s life 6 years 7 years 5 years 5 years 5 years 7 years 5 years Share price (Closing price on the preceding day)(*) 52,500 52,500 48,700 51,800 50,600 34,900 49,800 Expected volatility 13.38 % 13.38 % 16.45 % 8.30 % 7.70 % 8.10 % 25.70 % Expected dividends 3.80 % 3.80 % 3.70 % 3.80 % 3.90 % 5.70 % 4.00 % Exercise price(*) 53,298 57,562 50,824 53,052 50,862 38,452 50,276 Per-share 4,048 3,096 4,798 1,720 1,622 192 8,142 2) Cash-settled share-based payment arrangement (In won) 2021 2022 Share appreciation rights of SK Telecom Co., Ltd. Share appreciation rights of SK Square Co., Ltd. Share appreciation rights of SK Telecom Co., Ltd. Risk-free interest rate 3.70 % 3.70 % 3.72 % Estimated option’s life 3.25 years 3.25 years 3.25 years Share price on the remeasurement date 47,400 33,550 47,400 Expected volatility 20.80 % 37.40 % 20.80 % Expected dividends 6.90 % 0.00 % 6.90 % Exercise price(*) 50,276 50,276 56,860 Per-share 2,308 1,760 1,625 (*) Share price (closing price on the preceding day), exercise price and per-share spin-off |
Retained Earnings (Tables)
Retained Earnings (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of retained earnings | (1) Retained earnings as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Appropriated: Legal reserve ₩ 22,320 22,320 Reserve for business expansion 9,631,138 11,631,138 Reserve for technology development 4,365,300 4,365,300 13,996,438 15,996,438 Unappropriated 8,444,953 6,418,583 ₩ 22,463,711 22,437,341 |
Reserves (Tables)
Reserves (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Statement [LineItems] | |
Details of reserves, net of taxes | (1) Details of reserves, net of taxes, as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Valuation gain on FVOCI ₩ 173,281 633,240 Other comprehensive gain of investments in associates and 173,477 53,770 Valuation gain on derivatives 14,463 33,918 Foreign currency translation differences for foreign operations 30,012 14,310 ₩ 391,233 735,238 |
Changes in reserves | (2) Changes in reserves for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) Valuation gain Other comprehensive income (loss) of investments in associates and joint ventures Valuation gain (loss) on derivatives Foreign currency translation differences for foreign operations Total Balance as of January 1, 2021 ₩ 438,979 (392,333 ) 17,615 (24,122 ) 40,139 Changes, net of taxes 194,261 446,103 16,303 38,432 695,099 Balance as of December 31, 2021 ₩ 633,240 53,770 33,918 14,310 735,238 Changes, net of taxes (459,959 ) 119,707 (19,455 ) 15,702 (344,005 ) Balance as of December 31, 2022 ₩ 173,281 173,477 14,463 30,012 391,233 |
Valuation gain (loss) on available-for-sale financial assets [Member] | |
Statement [LineItems] | |
Changes in reserves | (3) Changes in valuation gain (loss) on financial assets at FVOCI for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 2021 Balance as of January 1 ₩ 633,240 438,979 Amount recognized as other comprehensive income (loss) for the year, net of taxes (490,959 ) 627,833 Amount reclassified to retained earnings, net of taxes 31,000 (12,429 ) Changes from spin-off, — (421,143 ) Balance as of December 31 ₩ 173,281 633,240 |
Valuation gain (loss) on derivatives [Member] | |
Statement [LineItems] | |
Changes in reserves | (4) Changes in valuation gain (loss) on derivatives for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 2021 Balance as of January 1 ₩ 33,918 17,615 Amount recognized as other comprehensive income (loss) for the year, net of taxes (25,630 ) 9,731 Amount reclassified to profit, net of taxes 6,175 6,572 Balance as of December 31 ₩ 14,463 33,918 |
Other Operating Income and Ex_2
Other Operating Income and Expenses (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Details of other operating income and expenses | Details of other operating income and (In millions of won) 2022 2021 2020 Other Operating Income: Gain on disposal of property and equipment and intangible assets ₩ 15,985 39,136 34,625 Others(*) 40,274 76,627 61,126 ₩ 56,259 115,763 95,751 Other Operating Expenses: Communication ₩ 31,881 32,462 34,462 Utilities 401,025 350,678 336,187 Taxes and dues 49,445 33,935 34,577 Repair 435,572 425,606 399,376 Research and development 340,864 347,711 353,198 Training 39,632 31,761 33,384 Bad debt for accounts receivable — trade 27,053 29,402 45,002 Travel 15,684 7,813 7,534 Supplies and other 113,839 101,656 105,333 Loss on disposal of property and equipment and intangible assets 20,465 28,158 25,633 Impairment loss on property and equipment and intangible assets 17,027 3,135 200,705 Donations 13,125 12,800 16,051 Bad debt for accounts receivable — other 3,011 3,995 6,640 Others(*) 20,353 22,475 60,280 ₩ 1,528,976 1,431,587 1,658,362 (*) See note 4 (2). |
Finance Income and Costs (Table
Finance Income and Costs (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Details of finance income and costs | (1) Details of finance income and costs for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Finance Income: Interest income ₩ 58,472 36,708 37,030 Gain on sale of accounts receivable — other 1,043 27,725 22,605 Dividends 2,552 12,039 1,170 Gain on foreign currency transactions 21,283 10,987 9,029 Gain on foreign currency translations 2,095 7,505 7,888 Gain relating to financial instruments at FVTPL 94,393 60,169 62,963 ₩ 179,838 155,133 140,685 Finance Costs: Interest expense ₩ 328,307 279,737 288,972 Loss on sale of accounts receivable — other 61,841 — — Loss on foreign currency transactions 19,485 12,270 11,053 Loss on foreign currency translations 3,814 6,764 8,973 Loss on disposal of long-term investment securities — — 98 Loss relating to financial instruments at FVTPL 41,597 16,833 13,847 Loss on disposal of investment assets 1,283 — — ₩ 456,327 315,604 322,943 |
Details of interest income included in finance income | (2) Details of interest income included in finance income for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021(*) 2020(*) Interest income on cash equivalents and financial instruments ₩ 27,991 16,141 24,378 Interest income on loans and others 30,481 27,709 25,979 ₩ 58,472 43,850 50,357 (*) Includes amounts related to discontinued operations. |
Details of interest expenses included in finance costs | (3) Details of interest expenses included in finance costs for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021(*) 2020(*) Interest expense on borrowings ₩ 25,736 66,188 116,397 Interest expense on debentures 217,475 224,144 225,309 Others 85,096 52,010 57,470 ₩ 328,307 342,342 399,176 (*) Includes amounts related to discontinued operations. |
Finance income and costs by category of financial instruments | (4) Finance income and costs by category of financial instruments for the years ended December 31, 2022, 2021 and 2020 are as follows. Bad debt expense (reversal of loss allowance) for accounts receivable – trade, loans and receivables are presented and explained separately in notes 6 and 35. 1) Finance income and costs (In millions of won) 2022 Finance income Finance costs Financial Assets: Financial assets at FVTPL ₩ 104,068 103,292 Financial assets at FVOCI 1,495 1,283 Financial assets at amortized cost 45,008 23,094 Derivatives designated as hedging instrument — 146 150,571 127,815 Financial Liabilities: Financial liabilities at FVTPL 18,432 — Financial liabilities at amortized cost 10,835 328,512 29,267 328,512 ₩ 179,838 456,327 (In millions of won) 2021 Finance income(*) Finance costs(*) Financial Assets: Financial assets at FVTPL ₩ 149,590 67,503 Financial assets at FVOCI 3,413 142,015 Financial assets at amortized cost 48,940 12,262 Derivatives designated as hedging instrument — 600 201,943 222,380 Financial Liabilities: Financial liabilities at FVTPL — 8,036 Financial liabilities at amortized cost 607 355,011 607 363,047 ₩ 202,550 585,427 (*) Includes amounts related to discontinued operations. (In millions of won) 2020 Finance income(*1) Finance costs(*1) Financial Assets: Financial assets at FVTPL(*2) ₩ 180,254 10,894 Financial assets at FVOCI 993 44,832 Financial assets at amortized cost(*2) 46,135 24,601 Derivatives designated as hedging instrument — 1,867 227,382 82,194 Financial Liabilities: Financial liabilities at FVTPL — 12,115 Financial liabilities at amortized cost 6,434 400,678 Derivatives designated as hedging instrument 7,380 2,206 13,814 414,999 ₩ 241,196 497,193 (*1) Includes amounts related to discontinued operations. (*2) The Group reclassified the category of financial assets measured at amortized cost. Accordingly, the category of financial income arising on reclassification of a financial asset is reclassified. 2) Other comprehensive income (loss) (In millions of won) 2022 2021 2020 Financial Assets: Financial assets at FVOCI ₩ (491,853 ) 920,871 579,678 Derivatives designated as hedging instrument (21,548 ) 15,427 24,320 (513,401 ) 936,298 603,998 Financial Liabilities: Derivatives designated as hedging instrument 182 706 (5,182 ) ₩ (513,219 ) 937,004 598,816 |
Details of impairment losses for financial assets | (5) Details of impairment losses for financial assets for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021(*) 2020(*) Accounts receivable — trade ₩ 27,053 31,546 48,625 Other receivables 3,011 6,001 10,559 ₩ 30,064 37,547 59,184 (*) Includes amounts related to discontinued operations. |
Income Tax Expense (Tables)
Income Tax Expense (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of income tax expenses | (1) Income tax expenses for the years ended December 31, 2022, 2021 and 2020 consist of the following: (In millions of won) 2022 2021 2020 Current tax expense: Current year ₩ 274,902 319,539 286,717 Current tax of prior years(*) 73,477 705 14,536 348,379 320,244 301,253 Deferred tax expense: Changes in net deferred tax assets (60,058 ) 331,704 75,249 Income tax expense Tax expense of continuing operation 288,321 446,796 221,262 Tax expense of discontinued operation — 205,152 155,240 ₩ 288,321 651,948 376,502 (*) Current tax of prior years are mainly composed of the income tax refund due to a change in the interpretation of the tax authority in relation to the income tax previously recognized by the Group. |
Difference between income taxes computed using the statutory corporate income tax rates and the recorded income taxes | (2) The difference between income taxes computed using the statutory corporate income tax rates and the recorded income taxes for the years ended December 31, 2022, 2021 and 2020 is attributable to the following: (In millions of won) 2022 2021(*) 2020(*) Income taxes at statutory income tax rate ₩ 329,580 834,146 505,824 Non-taxable (14,969 ) (13,924 ) (41,084 ) Non-deductible 24,679 15,329 31,882 Tax credit and tax reduction (10,300 ) (62,075 ) (48,774 ) Changes in unrecognized deferred taxes 21,057 (68,589 ) (69,776 ) Changes in tax rate (42,307 ) (36,193 ) 24,537 Income tax refund and others (19,419 ) (16,746 ) (26,107 ) Income tax expense ₩ 288,321 651,948 376,502 (*) The aggregated amount of profit before income tax from continuing and discontinued operations. |
Deferred taxes directly charged to (credited from) equity | (3) Deferred taxes directly charged to (credited from) equity for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Valuation gain (loss) on financial assets measured at fair value ₩ 167,249 (208,490 ) (166,612 ) Share of other comprehensive loss of investment in associates and joint ventures (2,972 ) (34 ) (14 ) Valuation gain (loss) on derivatives 7,649 (5,709 ) (6,886 ) Remeasurement of defined benefit liabilities (20,867 ) (3,780 ) (164 ) Gain (loss) on disposal of treasury shares and others (28,108 ) 26,970 — ₩ 122,951 (191,043 ) (173,676 ) |
Details of the changes in deferred tax assets (liabilities) | (4) Details of the changes in deferred tax assets (liabilities) for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 Beginning Deferred tax expense Directly charged to (credited from) equity Business combinations Ending Deferred tax assets (liabilities) related to temporary differences: Loss allowance ₩ 77,357 (2,315 ) — — 75,042 Accrued interest income (166 ) (5,057 ) — (2,680 ) (7,903 ) Financial assets measured at fair value (157,828 ) (19,592 ) 167,249 — (10,171 ) Investments in subsidiaries, associates and joint ventures (31,817 ) 51,635 (2,972 ) — 16,846 Property and equipment and intangible assets (305,967 ) (46,895 ) — 257 (352,605 ) Provisions 4,198 (2,569 ) — — 1,629 Retirement benefit obligation 52,332 (875 ) (20,867 ) 29 30,619 Valuation gain on derivatives 6,336 (1,217 ) 7,649 — 12,768 Gain (loss) on foreign currency translation 21,378 (745 ) — — 20,633 Incremental costs to acquire a contract (749,871 ) 26,971 — — (722,900 ) Contract assets and liabilities (2,201 ) 6,480 — — 4,279 Right-of-use (389,502 ) (41,895 ) — — (431,397 ) Lease liabilities 381,537 47,111 — — 428,648 Others 68,481 41,691 (28,108 ) 3,652 85,716 (1,025,733 ) 52,728 122,951 1,258 (848,796 ) Deferred tax assets related to unused tax loss carryforwards and tax credit carryforwards: Tax loss carryforwards — 2,007 — — 2,007 Tax credit 84,560 5,323 — — 89,883 84,560 7,330 — — 91,890 ₩ (941,173) 60,058 122,951 1,258 (756,906 ) (In millions of won) 2021 Beginning Deferred tax expense (income) Directly charged to (credited from) equity Business combinations Spin-off Ending Deferred tax assets (liabilities) related to temporary differences: Loss allowance ₩ 91,285 (8,397 ) — — (5,531 ) 77,357 Accrued interest income (1,631 ) (2,022 ) — — 3,487 (166 ) Financial assets measured at fair value (81,055 ) (6,765 ) (208,490 ) — 138,482 (157,828 ) Investments in subsidiaries, associates and joint ventures (1,673,906 ) (281,035 ) (34 ) — 1,923,158 (31,817 ) Property and equipment and intangible assets (511,862 ) (42,456 ) — (1,023 ) 249,374 (305,967 ) Provisions 6,294 (1,436 ) — — (660 ) 4,198 Retirement benefit obligation 102,285 (3,563 ) (3,780 ) — (42,610 ) 52,332 Valuation gain (loss) on derivatives 14,767 210 (5,709 ) — (2,932 ) 6,336 Gain (loss) on foreign currency translation 21,774 (396 ) — — — 21,378 Incremental costs to acquire a contract (807,831 ) 53,492 — — 4,468 (749,871 ) Contract assets and liabilities (2,606 ) 405 — — — (2,201 ) Right-of-use (372,297 ) (35,851 ) — — 18,646 (389,502 ) Lease liabilities 362,476 38,600 — — (19,539 ) 381,537 Others 120,514 (95,537 ) 26,970 (135 ) 16,669 68,481 (2,731,793 ) (384,751 ) (191,043 ) (1,158 ) 2,283,012 (1,025,733 ) Deferred tax assets related to unused tax loss carryforwards and tax credit carryforwards: Tax loss carryforwards 88,223 7,915 — — (96,138 ) — Tax credit 39,583 45,132 — — (155 ) 84,560 127,806 53,047 — — (96,293 ) 84,560 ₩ (2,603,987 ) (331,704 ) (191,043 ) (1,158 ) 2,186,719 (941,173 ) |
Details of temporary differences, unused tax loss carryforwards and unused tax credits carryforwards which are not recognized as deferred tax assets | (5) Details of temporary differences, unused tax loss carryforwards and unused tax credits carryforwards which are not recognized as deferred tax assets (liabilities), in the consolidated statements of financial position as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Loss allowance ₩ 85,969 85,998 Investments in subsidiaries, associates and joint ventures (434,253 ) (176,520 ) Other temporary differences 61,817 61,368 Unused tax loss carryforwards 229,410 347,889 Unused tax credit carryforwards — 34 |
Unused tax loss carryforwards and unused tax credit carryforwards which are not recognized as deferred tax assets | (6) The amount of unused tax loss carryforwards and unused tax credit carryforwards which are not recognized as deferred tax assets as of December 31, 2022 are expiring within the following periods: (In millions of won) Unused tax loss carryforwards Less than 1 year ₩ — 1 ~ 2 years 11,544 2 ~ 3 years 14,345 More than 3 years 203,521 ₩ 229,410 |
Earnings per Share (Tables)
Earnings per Share (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of basic earnings per share | 1) Basic earnings per share for the years ended December 31, 2022, 2021 and 2020 are calculated as follows: (In millions of won, except for share data) 2022 2021 2020 Basic earnings per share attributable to owners of the Parent Company: Profit attributable to owners of the Parent Company ₩ 912,400 1,217,520 648,579 Interest on hybrid bonds (14,766 ) (14,766 ) (14,766 ) Profit from continuing operation attributable to owners of the Parent Company on common shares 897,634 1,202,754 633,813 Profit from discontinued operation attributable to owners of the Parent Company on common shares — 1,190,003 855,773 Weighted average number of common shares outstanding 217,994,490 332,761,592 363,977,155 Basic earnings per share (in W Continuing operation ₩ 4,118 3,614 1,741 Discontinued operation — 3,576 2,352 |
Weighted average number of common shares outstanding | 2) The weighted average number of common shares outstanding for the years ended December 31, 2022, 2021 and 2020 are calculated as follows: (In shares) 2022 Number of common shares Weighted average number Issued shares as of January 1, 2022 218,833,144 218,833,144 Treasury shares as of January 1, 2022 (1,250,992 ) (1,250,992 ) Disposal of treasury shares 449,901 412,338 218,032,053 217,994,490 (In shares) 2021 Number of common shares Weighted average number Issued shares as of January 1, 2021 403,728,555 403,728,555 Treasury shares as of January 1, 2021 (47,092,790 ) (47,092,790 ) Acquisition of treasury shares (1,494,032 ) (1,383,241 ) Disposal of treasury shares 3,134,003 1,022,242 Spin-off (140,693,584 ) (23,513,174 ) 217,582,152 332,761,592 (In shares) 2020 Number of common shares Weighted average number of common shares Issued shares as of January 1, 2020 403,728,555 403,728,555 Treasury shares as of January 1, 2020 (38,046,315 ) (38,046,315 ) Acquisition of treasury shares (9,046,475 ) (1,705,085 ) 356,635,765 363,977,155 |
Summary of detailed information of diluted earning per share | (2) Diluted earnings per share 1) Diluted earnings per share for the years ended December 31, 2022, 2021 and 2020 are calculated as follows: (In millions of won, except for share data) 2022 2021 2020 Profit from continuing operation attributable to owners of the Parent Company on common shares ₩ 897,634 1,202,754 633,813 Profit from discontinued operation attributable to owners of the Parent Company on common shares — 1,190,003 855,773 Adjusted weighted average number of common shares outstanding 218,108,742 332,917,848 364,041,895 Diluted earnings per share (in won) Continuing operation ₩ 4,116 3,613 1,741 Discontinued operation — 3,574 2,351 |
Summary of weighted average number of diluted common shares outstanding | 2) The adjusted weighted average number of common shares outstanding for the years ended December 31, 2022, 2021 and 2020 are calculated as follows: (In shares) 2022 2021 2020 Outstanding shares as of January 1 217,582,152 356,635,765 365,682,240 Effect of treasury shares 412,338 (360,999 ) (1,705,085 ) Effect of Spin-off — (23,513,174 ) — Effect of share option 114,252 156,256 64,740 Adjusted weighted average number of common shares outstanding 218,108,742 332,917,848 364,041,895 |
Dividends (Tables)
Dividends (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Details of dividend declared | (1) Details of dividends declared Details of dividend declared in Parent Company for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won, except for face value and share data) Year Dividend type Number of shares Face value Dividend ratio Dividends 2022 Cash dividends (Interim) 218,002,830 100 830 % ₩ 180,942 Cash dividends (Interim) 218,032,053 100 830 % 180,967 Cash dividends (Interim) 218,032,053 100 830 % 180,967 Cash dividends (Year-end) 218,032,053 100 830 % 180,967 ₩ 723,843 2021 Cash dividends (Interim) 217,616,645 100 1,635 % ₩ 355,804 Cash dividends (Year-end) 217,582,152 100 1,660 % 361,186 ₩ 716,990 2020 Cash dividends (Interim) 73,136,448 500 200 % ₩ 73,136 Cash dividends (Year-end) 71,327,153 500 1,800 % 641,944 ₩ 715,080 |
Dividends yield ratios | (2) Dividends yield ratio Dividends yield ratios for the years ended December 31, 2022, 2021 and 2020 are as follows: (In won) Year Dividend type Dividend per share Closing price at year-end Dividend yield ratio 2022 Cash dividends 3,320 47,400 7.00% 2021 Cash dividends 3,295 57,900 5.69% 2020 Cash dividends 10,000 238,000 4.20% |
Categories of Financial Instr_2
Categories of Financial Instruments (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Statement [LineItems] | |
Summary of financial assets | (1) Financial assets by category as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Financial FVTPL Equity Financial assets at Derivatives Total Cash and cash equivalents ₩ 245,982 — 1,636,309 — 1,882,291 Financial instruments 148,365 — 89,240 — 237,605 Long-term investment securities(*) 221,139 1,189,597 — — 1,410,736 Accounts receivable — trade — — 1,984,772 — 1,984,772 Loans and other receivables 332,669 — 909,003 — 1,241,672 Derivative financial assets 54,009 — — 267,151 321,160 ₩ 1,002,164 1,189,597 4,619,324 267,151 7,078,236 (*) The Group designated ₩1,189,597 million of equity instruments that are not held for trading as financial assets at FVOCI. (In millions of won) December 31, 2021 Financial FVTPL Equity Debt at FVOCI Financial assets at Derivatives Total Cash and cash equivalents ₩ 505,578 — — 367,153 — 872,731 Financial instruments 389,368 — — 119,684 — 509,052 Short-term investment securities 5,010 — — — — 5,010 Long-term investment securities(*) 203,473 1,510,428 1,177 — — 1,715,078 Accounts receivable — — — — 1,921,617 — 1,921,617 Loans and other receivables 459,959 — — 735,958 — 1,195,917 Derivative financial assets 34,933 — — — 182,661 217,594 ₩ 1,598,321 1,510,428 1,177 3,144,412 182,661 6,436,999 (*) The Group designated ₩1,510,428 million of equity instruments that are not held for trading as financial assets at FVOCI. |
Summary of financial liabilities | (2) Financial liabilities by category as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Financial liabilities at Financial liabilities at Total Accounts payable — trade ₩ — 89,255 89,255 Derivative financial liabilities 302,593 — 302,593 Borrowings — 936,110 936,110 Debentures — 8,366,694 8,366,694 Lease liabilities(*) — 1,782,057 1,782,057 Accounts payable — other and others — 5,505,465 5,505,465 ₩ 302,593 16,679,581 16,982,174 (In millions of won) December 31, 2021 Financial liabilities at Financial liabilities at Derivatives Total Accounts payable — trade ₩ — 190,559 — 190,559 Derivative financial liabilities 321,025 — 111 321,136 Borrowings — 407,185 — 407,185 Debentures — 8,426,683 — 8,426,683 Lease liabilities(*) — 1,534,282 — 1,534,282 Accounts payable — other and others — 5,524,692 — 5,524,692 ₩ 321,025 16,083,401 111 16,404,537 (*) Lease liabilities are not applicable on category of financial liabilities, but are classified as financial liabilities measured at amortized cost on consideration of nature for measurement of liabilities. |
Financial Risk Management (Tabl
Financial Risk Management (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Statement [LineItems] | |
Monetary assets and liabilities denominated in foreign currencies | Monetary assets and liabilities denominated in foreign currencies as of December 31, 2022 are as follows: (In millions of won, thousands of foreign currencies) Assets Liabilities Foreign currencies Won equivalent Foreign currencies Won equivalent USD 53,243 ₩ 67,475 1,517,930 ₩ 1,923,672 EUR 5,626 7,602 20 27 Others — 452 — 175 ₩ 75,529 ₩ 1,923,874 |
Impact on income before income tax of a hypothetical change in exchange rates | As of December 31, 2022, a hypothetical change in exchange rates by 10% would have increased (decreased) the Group’s profit before income tax as follows: (In millions of won) If increased by 10% If decreased by 10% USD ₩ 3,933 (3,933 ) EUR 758 (758 ) Others 28 (28 ) ₩ 4,719 (4,719 ) |
Maximum credit exposure | The maximum credit exposure as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Cash and cash equivalents ₩ 1,882,093 872,550 Financial instruments 237,605 509,052 Investment securities 900 2,077 Accounts receivable — trade 1,984,772 1,921,617 Contract assets 132,221 118,278 Loans and other receivables 1,241,672 1,195,917 Derivative financial assets 321,160 217,594 ₩ 5,800,423 4,837,085 |
Summary of gross carrying amounts of each financial asset except for accounts receivable trade and derivative financial asset | The Group’s maximum exposure to credit risk is equal to each financial asset’s carrying amount. The gross carrying amounts of each financial asset except for the accounts receivable — trade and derivative financial assets as of December 31, 2022 are as follows. (In millions of won) Financial assets at FVTPL Financial assets at amortized cost 12-month ECL Lifetime ECL — not credit impaired Lifetime ECL — credit impaired Gross amount ₩ 481,935 994,868 5,592 87,862 Loss allowance — (3,081 ) (3,314 ) (83,685 ) Carrying amount ₩ 481,935 991,787 2,278 4,177 |
Summary of changes in loss allowance for debt investments | Changes in the loss allowance for the debt investments for the year ended December 31, 2022 are as follows: (In millions of won) 12-month ECL Lifetime ECL — Lifetime ECL — Total December 31, 2021 ₩ 2,787 6,190 83,033 92,010 Remeasurement of loss allowance, net 1,571 (1,517 ) 2,957 3,011 Transfer to lifetime ECL — not credit impaired (1,277 ) 1,277 — — Transfer to lifetime ECL — credit impaired — (2,636 ) 2,636 — Amounts written off — — (6,594 ) (6,594 ) Recovery of amounts written off — — 1,653 1,653 December 31, 2022 ₩ 3,081 3,314 83,685 90,080 |
Contractual maturities of financial liabilities | Contractual maturities of financial liabilities as of December 31, 2022 are as follows: (In millions of won) Carrying Contractual Less than 1 1-5 years More than 5 years Accounts payable — trade ₩ 89,255 89,255 89,255 — — Borrowings(*) 936,110 975,960 290,024 685,936 — Debentures(*) 8,366,694 9,469,549 2,074,631 5,077,080 2,317,838 Lease liabilities 1,782,057 2,063,294 391,686 1,104,040 567,568 Accounts payable — other and others(*) 5,505,465 5,641,277 4,291,518 1,256,702 93,057 ₩ 16,679,581 18,239,335 7,137,114 8,123,758 2,978,463 (*) Includes interest payables. |
Periods in which cash flows from cash flow hedge derivatives are expected to occur | As of December 31, 2022, periods in which cash flows from cash flow hedge derivatives are expected to occur are as follows: (In millions of won) Carrying amount Contractual cash flows Less than 1 year 1-5 years Assets ₩ 267,151 281,636 169,761 111,875 |
Debt-equity ratio | Debt-equity ratio as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 December 31, 2021 Total liabilities ₩ 19,153,066 18,576,139 Total equity 12,155,196 12,335,138 Debt-equity ratios 157.57 % 150.60 % |
Fair value and carrying amount of financial assets and liabilities including fair value hierarchy | 1) Fair value and carrying amount of financial assets and liabilities including fair value hierarchy as of December 31, 2022 are as follows: (In millions of won) December 31, 2022 Carrying Level 1 Level 2 Level 3 Total Financial assets that are measured at fair value: FVTPL ₩ 1,002,164 44,431 727,014 230,719 1,002,164 Derivative hedging instruments 267,151 — 267,151 — 267,151 FVOCI 1,189,597 993,765 — 195,832 1,189,597 ₩ 2,458,912 1,038,196 994,165 426,551 2,458,912 Financial liabilities that are measured at fair value: FVTPL ₩ 302,593 — — 302,593 302,593 Financial liabilities that are not measured at fair value: Borrowings ₩ 936,110 — 911,597 — 911,597 Debentures 8,366,694 — 7,813,420 — 7,813,420 Long-term payables — other 1,638,341 — 1,614,934 — 1,614,934 ₩ 10,941,145 — 10,339,951 — 10,339,951 2) Fair value and carrying amount of financial assets and liabilities including fair value hierarchy as of December 31, 2021 are as follows: (In millions of won) December 31, 2021 Carrying Level 1 Level 2 Level 3 Total Financial assets that are measured at fair value: FVTPL ₩ 1,598,321 55,455 1,359,915 182,951 1,598,321 Derivative hedging instruments 182,661 — 182,661 — 182,661 FVOCI 1,511,605 1,344,434 — 167,171 1,511,605 ₩ 3,292,587 1,399,889 1,542,576 350,122 3,292,587 Financial liabilities that are measured at fair value: FVTPL ₩ 321,025 — — 321,025 321,025 Derivative hedging instruments 111 — 111 — 111 ₩ 321,136 — 111 321,025 321,136 Financial liabilities that are not measured at fair value: Borrowings ₩ 407,185 — 392,237 — 392,237 Debentures 8,426,683 — 8,679,472 — 8,679,472 Long-term payables — other 2,009,833 — 2,010,852 — 2,010,852 ₩ 10,843,701 — 11,082,561 — 11,082,561 |
Interest rates used by the group for the fair value measurement | Interest rates used by the Group for the fair value measurement as of December 31, 2022 are as follows: Interest rate Derivative instruments 4.18% ~ 5.20% Borrowings and debentures 4.89% ~ 5.10% Long-term payables — other 4.59% ~ 5.06% |
Fair value of assets | (In millions of won) Balance as of Gain / (Loss) OCI Acquisition Disposal Transfer Balance as of December 31, 2022 Financial assets FVTPL ₩ 182,951 42,145 1,375 48,458 (38,894 ) (5,316 ) 230,719 FVOCI 167,171 — 1,088 55,333 (26,860 ) (900 ) 195,832 ₩ 350,122 42,145 2,463 103,791 (65,754 ) (6,216 ) 426,551 Financial liabilities FVTPL ₩ (321,025 ) 18,432 — — — — (302,593 ) |
Carrying amount of financial instruments recognized of which offset agreements are applicable | Carrying amounts of financial instruments recognized of which offset agreements are applicable as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Gross Amount Net financial Financial assets: Accounts receivable — trade and others ₩ 245,835 (236,921 ) 8,914 Financial liabilities: Accounts payable — other and others ₩ 244,509 (236,921 ) 7,588 (In millions of won) December 31, 2021 Gross Amount Net financial Financial assets: Accounts receivable — trade and others ₩ 197,828 (189,424 ) 8,404 Financial liabilities: Accounts payable — other and others ₩ 200,849 (189,424 ) 11,425 |
Transactions with Related Par_2
Transactions with Related Parties (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Compensation for the key management | The compensation given to such key management for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Salaries ₩ 3,487 5,956 10,029 Defined benefits plan expenses 761 2,845 3,459 Share option 1,598 146 158 ₩5,846 8,947 13,646 |
Transactions with related parties | (3) Transactions with related parties for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 Scope Company Operating Operating and others(*1) Acquisition of property and equipment Ultimate Controlling Entity SK Inc.(*2) ₩ 22,162 662,247 114,895 Associates F&U Credit information Co., Ltd. 3,490 49,227 265 HanaCard Co., Ltd.(*3) 8,932 1,820 22 Daehan Kanggun BcN Co., Ltd. 20,290 — — Others(*4) 13,795 5,608 80 46,507 56,655 367 Others SK Innovation Co., Ltd. 27,524 19,598 — SK Energy Co., Ltd. 4,585 710 — SK Geo Centric Co., Ltd. 925 1 — SK Networks Co., Ltd.(*5) 4,312 904,320 288 SK Networks Service Co., Ltd. 6,110 71,432 7,891 SK Ecoplant Co., Ltd. 3,330 112 — SK hynix Inc. 60,933 75 — SK Shieldus Co., Ltd. 39,455 147,731 35,854 Content Wavve Corp. 6,797 108,760 229 Eleven Street Co., Ltd. 71,972 31,589 — SK Planet Co., Ltd. 19,753 95,261 17,481 SK RENT A CAR Co., Ltd. 14,992 15,891 — SK Magic Co., Ltd. 2,204 1,071 — Tmap Mobility Co., Ltd. 22,011 4,973 892 Onestore Co., Ltd. 17,181 24 — Dreamus Company 7,235 85,193 649 UbiNS Co., Ltd. 283 46,222 53,897 Happy Narae Co., Ltd. 1,637 24,727 143,188 Others 40,058 29,610 20,555 351,297 1,587,300 280,924 ₩ 419,966 2,306,202 396,186 (*1) Operating expenses and others include lease payments paid by the Group. (*2) Operating expenses and others include ₩272,524 million of dividends declared to be paid by the Parent Company. (*3) HanaCard Co., Ltd. was excluded from the related parties due to the disposal of the Group’s shares in the entity for the year ended December 31, 2022, and the transactions above occurred before the disposal. (*4) Operating revenue and others include ₩13,700 million of dividends deducted from the investment in associates as a result of receipt by the Group. (*5) Operating expenses and others include costs for handset purchases amounting to ₩844,157 million. (In millions of won) 2021 Scope Company Operating Operating expense and others(*1) Acquisition of property and Ultimate Controlling Entity SK Inc.(*2) ₩ 33,253 633,868 82,191 Associates F&U Credit information Co., Ltd. 3,828 50,029 — HanaCard Co., Ltd. 17,962 4,374 — SK Wyverns Co., Ltd.(*3) 202 8,203 — Daehan Kanggun BcN Co., Ltd. 10,943 — — SK China Company Ltd.(*4) 131,141 — — Others(*5) 11,778 8,356 — 175,854 70,962 — Others SK Innovation Co., Ltd. 53,445 19,093 — SK Energy Co., Ltd. 18,970 1,250 — SK Geo Centric Co., Ltd. 33,435 9 — SK TNS Co., Ltd.(*3) 75 6,868 57,903 SKC Infra Service Co., Ltd.(*3) 26 30,798 8,028 SK Networks Co., Ltd.(*6) 14,439 1,055,512 24 SK Networks Service Co., Ltd. 7,292 73,596 3,520 SK hynix Inc.(*7) 285,104 199 — Happy Narae Co., Ltd. 6,899 20,229 133,625 SK Shieldus Co., Ltd.(*8) 5,793 18,861 20,382 Content Wavve Co., Ltd. 174 78,964 — Eleven Street Co., Ltd. 2,785 5,699 — SK Planet Co., Ltd. 2,048 16,747 6,081 SK hynix Semiconductor (China) Ltd. 48,546 — — SK hynix system ic (Wuxi) Co., Ltd. 20,807 — — SK ON Hungary Kft. 38,413 — — SK RENT A CAR Co., Ltd. 5,843 18,564 — Dreamus Company 795 20,074 396 SK m&service Co., Ltd. 764 3,670 888 UbiNS Co., Ltd. 415 42,335 50,847 Others 156,055 30,762 23,428 702,123 1,443,230 305,122 ₩ 911,230 2,148,060 387,313 (*1) Operating expense and others include lease payments paid by the Group. (*2) Operating expense and others include ₩248,677 million of dividends paid by the Parent Company. (*3) Transactions occurred before the related party relationship terminated. (*4) Operating revenue and others include ₩131,141 million of dividends that were received from SK China Company Ltd. and deducted from the investment in associates. (*5) Operating revenue and others include ₩10,716 million of dividends that were received from Korea IT Fund which was deducted from the investment in associates. (*6) Operating expenses and others include costs for handset purchases amounting to ₩996,910 million. (*7) Operating revenue and others include ₩170,937 million of dividend income received from SK hynix Inc. (*8) Operating revenue and others include ₩9,637 million of dividend income received from SK Shieldus Co., Ltd. (Formerly, ADT CAPS Co., Ltd.). (In millions of won) 2020 Scope Company Operating revenue and others Operating expense and others(*1) Acquisition of property and equipment Ultimate Controlling Entity SK Inc.(*2) ₩ 40,717 596,509 76,534 Associates F&U Credit information Co., Ltd. 3,484 51,228 — SK hynix Inc.(*3) 316,001 267 — HanaCard Co., Ltd. 683 3,065 — SK Wyverns Co., Ltd. 1,279 19,354 — Content Wavve Co., Ltd. 446 56,631 — Others(*4) 65,431 12,511 78 387,324 143,056 78 Others SK Ecoplant Co., Ltd. (Formerly, SK Engineering & Construction Co., Ltd.) 12,349 238 — SK Innovation Co., Ltd. 38,999 18,464 — SK Networks Co., Ltd.(*5) 13,893 1,022,976 32 SK Networks Services Co., Ltd. 6,936 76,653 2,023 SK Telesys Co., Ltd. 388 10,751 30,453 SK TNS Co., Ltd. 1,118 43,767 496,460 SK Energy Co., Ltd. 16,009 296 — SK hynix Semiconductor (China) Ltd. 73,683 — — SK ON Hungary Kft. 19,394 — — SK Geo Centric Co., Ltd. (Formerly, SK Global Chemical Co., Ltd.) 20,667 9 — SK Global Chemical International Trading (Shanghai) Co., Ltd. 15,898 8 — HappyNarae Co., Ltd. 9,871 17,361 129,621 Others 102,141 128,268 83,693 331,346 1,318,791 742,282 ₩ 759,387 2,058,356 818,894 (*1) Operating expense and others include lease payments by the Group. (*2) Operating expense and others include ₩216,241 million of dividends paid by the Parent Company. (*3) Operating revenue and others include ₩146,100 million of dividends received from SK hynix Inc. which was deducted from the investment in associates and ₩70,495 million of disposal amounts of Yongin SK Academy training facility. (*4) Operating revenue and others include ₩18,749 million of dividends declared by Korea IT Fund and Pacific Telecom Inc. and UniSK which was deducted from the investments in associates. (*5) Operating expenses and others include costs for handset purchases amounting to ₩961,167 million. |
Account balances with related parties | (4) Account balances with related parties as of December 31, 2022 and 2021 are as follows: (In millions of won) December 31, 2022 Receivables Payables Scope Company Loans Accounts receivable – trade, Accounts Ultimate Controlling Entity SK Inc. ₩ — 2,383 103,141 Associates F&U Credit information Co., Ltd. — 64 5,682 SK USA, Inc. — — 1,519 Wave City Development Co., Ltd.(*1) — 901 — Daehan Kanggun BcN Co., Ltd.(*2) 22,147 3,199 — Others — — 65 22,147 4,164 7266 Others SK Innovation Co., Ltd. — 9,726 33,091 SK Networks Co., Ltd. — 488 113,943 Mintit Co., Ltd. — 35,058 3 SK hynix Inc. — 15,494 311 Happy Narae Co., Ltd. — 31 31,979 SK Shieldus Co., Ltd. — 14,035 17,447 Content Wavve Corp. — 349 19,244 Incross Co., Ltd. — 3,774 16,152 Eleven Street Co., Ltd. — 6,797 13,026 SK Planet Co., Ltd. — 8,190 43,238 SK RENT A CAR Co., Ltd. — 1,291 22,895 UbiNS Co., Ltd. — — 21,179 Others(*3) 16,475 13,996 41,890 16,475 109,229 374,398 ₩ 38,622 115,776 484,805 (*1) As of December 31, 2022, the Parent Company recognized loss allowance amounting to ₩379 million on accounts receivable – trade. (*2) As of December 31, 2022, the Parent Company recognized full loss allowance for the balance of loans to Daehan Kanggun BcN Co., Ltd. (*3) During the year ended December 31, 2022, SK Telecom Innovation Fund, L.P., a subsidiary of the Parent Company, entered into a convertible loan agreement for USD 13,000,000 with id Quantique SA, classified as an other related party. (In millions of won) December 31, 2021 Receivables Payables Scope Company Loans Accounts Accounts payable – other, Ultimate Controlling Entity SK Inc. ₩ — 2,092 69,652 Associates F&U Credit information Co., Ltd. — 4 5,265 Wave City Development Co., Ltd.(*1) — 2,623 — Daehan Kanggun BcN Co., Ltd.(*2) 22,147 3,857 — HanaCard Co., Ltd. — 529 48,020 Others — 84 1,197 22,147 7,097 54,482 Others SK Innovation Co., Ltd. — 3,022 38,022 SK Networks Co., Ltd. — 241 198,631 Mintit Co., Ltd. — 17,929 131 SK hynix Inc. — 11,526 166 Happy Narae Co., Ltd. — 6 49,349 SK m&service Co., Ltd. — 1,453 18,921 SK Shieldus Co., Ltd. — 2,649 24,593 Content Wavve Co., Ltd. — 183 9,873 Incross Co., Ltd. — 3,610 11,829 Eleven Street Co., Ltd. — 2,851 7,782 SK Planet Co., Ltd. — 668 31,652 SK RENT A CAR Co., Ltd. — 116 16,715 UbiNS Co., Ltd. — 24 14,932 Others — 8,307 29,106 — 52,585 451,702 ₩ 22,147 61,774 575,836 (*1) As of December 31, 2021, the Parent Company recognized loss allowance amounting to ₩1,102 million on the accounts receivable — trade. (*2) As of December 31, 2021, the Parent Company recognized full loss allowance for the balance of loans to Daehan Kanggun BcN Co., Ltd. (5) The Group has granted SK REIT Co., Ltd. The right of first offer regarding the disposal of real estate owned by the Group. Whereby, the negotiation period is within 3 to 5 years from June 30, 2021, date of agreement, and the Group has been granted the right by SK REIT Co., Ltd. to lease the real estate in preference to a third party if SK REIT Co., Ltd. purchases the real estate from the Group. (6) The details of additional investments and disposal of associates and joint ventures for the year ended December 31, 2022 as presented in note 12. |
Statements of Cash Flows (Table
Statements of Cash Flows (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Adjustments for income and expenses from operating activities | (1) Adjustments for income and expenses from operating activities for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Interest income ₩ (58,472 ) (43,850 ) (50,357 ) Dividends (2,552 ) (14,132 ) (1,170 ) Gain on foreign currency translations (2,095 ) (10,753 ) (8,928 ) Gain on sale of accounts receivable — other (1,043 ) (27,725 ) (22,605 ) Gain (loss) relating to investments in associates and joint ventures, net 81,707 (1,948,447 ) (1,028,403 ) Gain on disposal of property and equipment and intangible assets (15,985 ) (40,109 ) (35,644 ) Gain on business transfer — (82,248 ) (12,455 ) Gain relating to financial instruments at FVTPL (94,393 ) (91,244 ) (145,016 ) Other income (6,515 ) (10,369 ) (4,220 ) Interest expense 328,307 342,342 399,176 Loss on foreign currency translations 3,814 8,005 12,730 Loss on sale of accounts receivables-other 61,841 — — Loss on disposal of long-term investment securities — — 98 Income tax expense 288,321 651,948 376,502 Expense related to defined benefit plan 134,509 190,462 198,794 Share option 84,463 91,646 4,313 Bonus paid by treasury shares 25,425 29,643 — Depreciation and amortization 3,755,312 4,114,394 4,169,996 Bad debt for accounts receivables — trade 27,053 31,546 48,625 Loss on disposal of property and equipment and intangible assets 20,465 47,369 41,598 Impairment loss on property and equipment and intangible assets 17,027 3,135 208,833 Bad debt for accounts receivable — other 3,011 6,001 10,559 Loss relating to financial instruments at FVTPL 41,597 76,142 27,082 Loss on disposal of investment assets 1,283 — — Other financial fees — 142,015 44,734 Other expenses 26,358 8,008 22,412 ₩ 4,719,438 3,473,779 4,256,654 |
Changes in assets and liabilities from operating activities | (2) Changes in assets and liabilities from operating activities for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Accounts receivable — trade ₩ (60,546 ) (95,374 ) (33,410 ) Accounts receivable — other 54,988 (152,038 ) (50,003 ) Advanced payments (25,377 ) (43,212 ) (945 ) Prepaid expenses 11,989 77,404 112,270 Inventories 39,633 (70,601 ) (7,219 ) Long-term accounts receivable — other (74,729 ) 83,658 26,027 Contract assets (13,400 ) (11,582 ) 1,528 Guarantee deposits 6,245 8,125 26,122 Accounts payable — trade (101,465 ) 12,312 3,023 Accounts payable — other 369,693 (109,476 ) 311,737 Withholdings 4,964 (55,925 ) 33,348 Contract liabilities 18,910 (2,158 ) 35,426 Deposits received 99 (3,737 ) (1,028 ) Accrued expenses 116,039 7,505 61,848 Provisions (20 ) (19,324 ) (30,773 ) Long-term provisions (13,792 ) (260 ) (548 ) Plan assets (132,131 ) (51,697 ) (145,214 ) Retirement benefit payment (79,117 ) (114,897 ) (76,987 ) Others (3,877 ) (27,418 ) 37,256 ₩ 118,106 (568,695 ) 302,458 |
Significant non-cash transactions | (3) Significant non-cash (In millions of won) 2022 2021 2020 Increase (decrease) in accounts payable — other relating to the acquisition of property and equipment and intangible assets ₩ (39,977 ) 1,063,800 (426,723 ) Increase of right-of-use 720,932 672,723 736,157 Merger of Tbroad Co., Ltd. and two other companies by SK Broadband Co., Ltd. — — 1,072,487 Change in assets and liabilities by spin-off — 14,379,397 — Retirement of treasury shares — 1,965,952 — Disposal of treasury shares (Congratulatory bonus for spin-off) — 114,373 — Transfer from property and equipment to investment property 4,732 23,034 — |
Reconciliation of Lliabilities Arising from Financing Activities | (4) Reconciliation of liabilities arising from financing activities for the years ended December 31, 2022 and 2021 are as follows: (In millions of won) 2022 Non-cash January 1, 2022 Cash flows Exchange rate Fair value Business combinations Other December 31, 2022 Total liabilities from financing activities: Short-term borrowings ₩ 12,998 130,000 — — — — 142,998 Long-term borrowings 394,187 398,529 — — — 397 793,113 Debentures 8,426,683 (189,878 ) 122,350 — — 7,538 8,366,693 Lease liabilities 1,534,281 (401,054 ) — — 6,503 642,327 1,782,057 Long-term payables — other 2,009,833 (400,245 ) — — — 28,753 1,638,341 Derivative financial liabilities 111 — — (111 ) — — — Derivative financial assets (182,661 ) 768 — (85,258 ) — — (267,151 ) ₩ 12,195,432 (461,880 ) 122,350 (85,369 ) 6,503 679,015 12,456,051 Other cash flows from financing activities: Payments of cash dividends ₩ (904,020 ) Payments of interest on hybrid bonds (14,766 ) Cash inflow from transactions with the non-controlling 31,151 Cash outflow from transactions with the non-controlling (367 ) (888,002 ) ₩ (1,349,882 ) (*) The effect of changes in foreign exchange rates for financial liabilities at amortized cost. (In millions of won) 2021 Non-cash January 1, Cash flows Exchange rate changes(*) Fair value Business combinations Spin-off Other December 31, Total liabilities from financing activities: Short-term borrowings ₩ 109,998 (50,823 ) — — 1,825 (48,510 ) 508 12,998 Long-term borrowings 2,028,924 63,132 600 — 662 (1,703,300 ) 4,169 394,187 Debentures 8,579,743 (16,755 ) 145,584 — — (295,544 ) 13,655 8,426,683 Lease liabilities 1,436,777 (431,674 ) — — 497 (85,322 ) 614,003 1,534,281 Long-term payables — other 1,566,954 (426,267 ) — — — — 869,146 2,009,833 Derivative financial liabilities 54,176 332 — (42,282 ) — (12,115 ) — 111 Derivative financial assets (65,136 ) — — (117,525 ) — — — (182,661 ) Financial liabilities at FVTPL — 129,123 — 7,996 — (137,119 ) — — ₩ 13,711,436 (732,932 ) 146,184 (151,811 ) 2,984 (2,281,910 ) 1,501,481 12,195,432 Other cash flows from financing activities: Payments of cash dividends ₩ (1,028,520 ) Payments of interest on hybrid bonds (14,766 ) Acquisition of treasury shares (76,111 ) Cash inflow from transactions with the non-controlling 444,124 Cash outflow from transactions with the non-controlling (19,406 ) Cash outflow from spin-off (626,000 ) (1,320,679 ) ₩ (2,053,611 ) (*) The effect of changes in foreign exchange rates for financial liabilities at amortized cost. |
Emissions Liabilities - (Tables
Emissions Liabilities - (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Disclosure of quantity of emissions rights allocated free of charge [Abstract] | |
Disclosure of Quantity of Emissions Rights Allocated Free of Charge | (1) The quantity of emissions rights allocated free of charge for each implementation year as of December 31, 2022 are as follows: (In tCO2-eQ) Quantities allocated in 2020 Quantities Quantities 2022 Total Emissions rights allocated free of charge 814,842 1,387,671 1,410,823 3,613,336 |
Disclosure of Changes in Emissions Rights Quantities | (2) Changes in emissions rights quantities the Parent Company held are as follows: (In tCO2-eQ) Quantities 2020 Quantities allocated in 2021 Quantities 2022 Total Beginning (60,977 ) 306,234 281,234 526,491 Allocation at no cost 814,842 1,387,671 1,410,823 3,613,336 Additional allocation 217,643 — — 217,643 Other changes — (8,049 ) 3,573 (4,476 ) Purchase 68,471 — — 68,471 Surrender or shall be surrendered (1,039,979 ) (1,424,476 ) (1,421,550 ) (3,886,005 ) Borrowing — 19,854 108,790 128,644 Ending — 281,234 382,870 664,104 (3) As of December 31, 2022, the estimated annual greenhouse gas emissions quantities of the Parent Company are 1,533,206 tCO2-eQ. |
Non-current Assets Held for S_2
Non-current Assets Held for Sale - (Table) | 12 Months Ended |
Dec. 31, 2022 | |
Disclosure of Noncurrent Assets Held for Sale [Abstract] | |
Disclosure of Non-current Assets Held for Sale | (In millions of won) December 31, 2021 Investments in associates Carrot General Insurance Co., Ltd. ₩ 8,734 |
Disclosure of Investment Securities Liquidated as Non-current Assets Held for Sale | (In millions of won) December 31, 2022 Investments in associates Daekyo Wipoongdangdang Contents Korea Fund ₩ 1,062 FVTPL Digital Content Korea Fund 3,645 InterVest Fund 107 Central Fusion Content Fund 1,563 5,315 ₩ 6,377 |
Spin-Off (Tables)
Spin-Off (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of profit or loss with cash flow and financial statement from discontinued operations | The details of profit or loss from discontinued operations for the years ended December 31, 2021, 2020 are as follows: (In millions of won) 2021 2020 Operating revenue and other operating income ₩ 2,469,329 2,541,133 Revenue 2,383,083 2,536,904 Other income 86,246 4,229 Operating expenses: 2,396,324 2,471,519 Labor 824,505 897,676 Commission 349,344 244,074 Depreciation and amortization 287,412 326,417 Network interconnection 863 762 Advertising 158,512 159,589 Rent 2,754 2,115 Cost of goods sold 426,161 502,469 Others 346,773 338,417 Operating profit 73,005 69,614 Finance income 47,417 100,511 Finance costs 269,823 174,250 Gain relating to investments in subsidiaries, associates and joint ventures, 1,502,147 975,947 Profit before income tax 1,352,746 971,822 Income tax expense 205,152 155,240 Profit from discontinued operations, net of taxes ₩ 1,147,594 816,582 2) Statements of Cash Flows The details of cash flows from discontinued operations for the years ended December 31, 2021 and 2020 are as follows: (In millions of won) 2021 2020 Cash flows from operating activities ₩ 59,255 495,696 Cash flows from investing activities (967,053 ) (483,599 ) Cash flows from investing activities (88,872 ) (22,902 ) (3) The details of assets and liabilities derecognized from the financial statements due to the spin-off spin-off, spin-off spin-off spin-off (In millions of won) Amount Current assets ₩ 2,608,601 Non-current 19,269,615 Total assets ₩ 21,878,216 Current liabilities ₩ 2,161,458 Non-current 4,676,324 Total liabilities ₩ 6,837,782 Net assets ₩ 15,040,434 (4) As of November 1, 2021, the Parent Company has split the business division for the purpose of new investments and management of shares in related investee companies belong to semiconductors and New ICT sector. The Parent Company has the obligation to jointly and severally reimburse the liabilities incurred by the Parent Company prior to the spin-off spin-off 530-9 |
Cash Dividends paid to the Pa_2
Cash Dividends paid to the Parent Company (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Text block [abstract] | |
Summary of Cash Dividends Received from Consolidated Subsidiaries and Associates | Cash dividends paid to the Parent Company for the years ended December 31, 2022, 2021 and 2020 are as follows: (In millions of won) 2022 2021 2020 Cash dividends received from consolidated subsidiaries ₩ 35,733 12,646 119,036 Cash dividends received from associates 13,700 312,793 164,850 ₩ 49,443 325,439 283,886 |
Subsequent Events (Tables)
Subsequent Events (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Disclosure of Disposal of Treasury Shares [Abstract] | |
Disclosure of Disposal of Treasury Shares Explanatory | On February 7, 2023, the Board of Directors of the Parent Company approved the disposal of treasury shares and details of the transaction are as follows: Information of disposal Number of treasury shares 324,580 Common shares Price of the treasury per shares (in won) ₩46,700 Aggregate disposal value ₩15,158 million Disposal date February 9, 2023 Purpose of disposal Allotment of shares as bonus payment Method of disposal Over-the-counter |
Reporting Entity - Total Issued
Reporting Entity - Total Issued Shares Held by Shareholders (Detail) - shares | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of classes of share capital [line items] | ||
Number of shares | 218,833,144 | 218,833,144 |
Percentage of total shares issued (%) | 100% | 100% |
SK Inc. [member] | ||
Disclosure of classes of share capital [line items] | ||
Number of shares | 65,668,397 | 65,668,397 |
Percentage of total shares issued (%) | 30.01% | 30% |
National pension service [member] | ||
Disclosure of classes of share capital [line items] | ||
Number of shares | 16,846,066 | 21,076,493 |
Percentage of total shares issued (%) | 7.69% | 9.63% |
Institutional investors and other shareholders [member] | ||
Disclosure of classes of share capital [line items] | ||
Number of shares | 131,671,103 | 126,990,775 |
Percentage of total shares issued (%) | 60.17% | 58.04% |
Kakao Corp [Member] | ||
Disclosure of classes of share capital [line items] | ||
Number of shares | 0 | 3,846,487 |
Percentage of total shares issued (%) | 0% | 1.76% |
Kakao Investment Co Ltd [member] | ||
Disclosure of classes of share capital [line items] | ||
Number of shares | 3,846,487 | 0 |
Percentage of total shares issued (%) | 1.76% | 0% |
Treasury shares [member] | ||
Disclosure of classes of share capital [line items] | ||
Number of shares | 801,091 | 1,250,992 |
Percentage of total shares issued (%) | 0.37% | 0.57% |
Reporting Entity - List of Subs
Reporting Entity - List of Subsidiaries (Detail) | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
SK Telink Co., Ltd. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK Telink Co., Ltd. | |
Location | Korea | |
Primary business | International telecommunication and Mobile Virtual Network Operator service | |
Ownership | 100% | 100% |
SK Communications Co., Ltd. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK Communications Co., Ltd. | |
Location | Korea | |
Primary business | Internet website services | |
Ownership | 100% | 100% |
SK Broadband Co., Ltd. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK Broadband Co., Ltd. | |
Location | Korea | |
Primary business | Fixed-line telecommunication services | |
Ownership | 74.40% | 74.30% |
PS&Marketing Corporation [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | PS&Marketing Corporation | |
Location | Korea | |
Primary business | Communications device retail business | |
Ownership | 100% | 100% |
SERVICE ACE Co., Ltd. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SERVICE ACE Co., Ltd. | |
Location | Korea | |
Primary business | Call center management service | |
Ownership | 100% | 100% |
SERVICE TOP Co., Ltd. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SERVICE TOP Co., Ltd. | |
Location | Korea | |
Primary business | Call center management service | |
Ownership | 100% | 100% |
SK O&S Co., Ltd. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK O&S Co., Ltd. | |
Location | Korea | |
Primary business | Base station maintenance service | |
Ownership | 100% | 100% |
SK Telecom China Holdings Co., Ltd. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK Telecom China Holdings Co., Ltd. | |
Location | China | |
Primary business | Investment (Holdings company) | |
Ownership | 100% | 100% |
SK Global Healthcare Business Group, Ltd. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK Global Healthcare Business Group Ltd. | |
Location | Hong Kong | |
Primary business | Investment | |
Ownership | 100% | 100% |
YTK Investment Ltd. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | YTK Investment Ltd. | |
Location | Cayman Islands | |
Primary business | Investment | |
Ownership | 100% | 100% |
Atlas investment [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | Atlas Investment | |
Location | Cayman Islands | |
Primary business | Investment | |
Ownership | 100% | 100% |
SK Telecom Americas, Inc. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK Telecom Americas, Inc. | |
Location | USA | |
Primary business | Information gathering and consulting | |
Ownership | 100% | 100% |
Quantum Innovation Fund I [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | Quantum Innovation Fund I | |
Location | Korea | |
Primary business | Investment | |
Ownership | 59.90% | 59.90% |
SK Telecom Japan Inc. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK Telecom Japan Inc. | |
Location | Japan | |
Primary business | Information gathering and consulting | |
Ownership | 100% | 100% |
Happy Hanool Co., Ltd. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | Happy Hanool Co., Ltd. | |
Location | Korea | |
Primary business | Service | |
Ownership | 100% | 100% |
SK stoa Co., Ltd [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK stoa Co., Ltd. | |
Location | Korea | |
Primary business | Other telecommunication retail business | |
Ownership | 100% | 100% |
Broadband Nowon Co., Ltd. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | Broadband Nowon Co., Ltd. | |
Location | Korea | |
Primary business | Cable broadcasting services | |
Ownership | 0% | 100% |
SAPEON Inc [Member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SAPEON Inc. | |
Location | USA | |
Primary business | Manufacturing non-memory and other electronic integrated circuits | |
Ownership | 62.50% | |
Home & Service Co., Ltd. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | Home & Service Co., Ltd. | |
Location | Korea | |
Primary business | Operation of information and communication facility | |
Ownership | 100% | 100% |
Media S Co Ltd [Member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | Media S Co., Ltd. | |
Location | Korea | |
Primary business | Production and supply services of broadcasting programs | |
Ownership | 100% | 100% |
SK m&service Co., Ltd.[member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK m&service Co., Ltd. | |
Location | Korea | |
Primary business | Database and Internet website service | |
Ownership | 100% | |
Pan Asia Semiconductor Materials LLC [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | PanAsia Semiconductor Materials LLC. | |
Location | Korea | |
Primary business | Investment | |
Ownership | 66.40% | 66.40% |
SK Planet Japan, K. K. [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK Planet Japan, K. K. | |
Location | Japan | |
Primary business | Digital contents sourcing service | |
Ownership | 79.80% | 79.80% |
SAPEON Korea Inc. [Member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SAPEON Korea Inc. | |
Location | Korea | |
Primary business | Manufacturing non-memory and other electronic integrated circuits | |
Ownership | 100% | |
SK Telecom Innovation Fund, L.P. (formerly, Technology Innovation Partners, L.P.) [member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK Telecom Innovation Fund, L.P. | |
Location | USA | |
Primary business | Investment | |
Ownership | 100% | 100% |
SK Telecom China Fund I L.P. [Member] | ||
Disclosure of subsidiaries [line items] | ||
Subsidiary | SK Telecom China Fund I L.P. | |
Location | Cayman Islands | |
Primary business | Investment | |
Ownership | 100% | 100% |
Reporting Entity - List of Su_2
Reporting Entity - List of Subsidiaries (Parenthetical) (Detail) ₩ in Millions | 12 Months Ended |
Dec. 31, 2022 KRW (₩) shares | |
SK m&service Co., Ltd.[member] | |
Disclosure of subsidiaries [line items] | |
Number of shares acquired | shares | 3,099,112 |
Percentage of shares owned | 100% |
Ownership | 100% |
Cash flows used in obtaining control of subsidiaries or other business classified as investing activities | ₩ 72,859 |
SAPEON Inc [Member] | |
Disclosure of subsidiaries [line items] | |
Ownership | 62.50% |
Disposal of shares of subsidiary amount in cash | ₩ 40,000 |
SAPEON Inc [Member] | Unequal Paid In Capital Of Subsidiary [Member] | |
Disclosure of subsidiaries [line items] | |
Ownership | 100% |
Reporting Entity - Condensed Fi
Reporting Entity - Condensed Financial Information of the Significant Subsidiaries (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure of subsidiaries [line items] | ||||
Total Assets | ₩ 31,308,262 | ₩ 30,911,277 | ||
Total Liabilities | 19,153,066 | 18,576,139 | ||
Total equity | 12,155,196 | 12,335,138 | ₩ 24,396,243 | ₩ 22,816,934 |
Revenue | 17,361,232 | 16,864,348 | 16,183,498 | |
Profit | 947,831 | 2,418,989 | 1,500,538 | |
SK Telink Co., Ltd. [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 196,281 | 174,837 | 176,872 | |
Total Liabilities | 60,927 | 52,821 | 60,702 | |
Total equity | 135,354 | 122,016 | 116,170 | |
Revenue | 302,595 | 313,404 | 351,334 | |
Profit | 15,008 | 8,846 | 18,010 | |
Eleven Street Co., Ltd. [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 999,225 | |||
Total Liabilities | 542,534 | |||
Total equity | 456,691 | |||
Revenue | 545,556 | |||
Profit | (29,623) | |||
SK Broadband Co., Ltd. [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 6,245,484 | 5,971,505 | 5,765,808 | |
Total Liabilities | 3,134,949 | 3,091,837 | 3,119,489 | |
Total equity | 3,110,535 | 2,879,668 | 2,646,319 | |
Revenue | 4,162,093 | 4,058,997 | 3,713,021 | |
Profit | 212,816 | 213,468 | 150,694 | |
K-net culture and contents venture fund [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 377,683 | |||
Total Liabilities | 65,896 | |||
Total equity | 311,787 | |||
Profit | (44,737) | |||
PS&Marketing Corporation [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 403,030 | 478,745 | 470,521 | |
Total Liabilities | 177,739 | 263,457 | 257,809 | |
Total equity | 225,291 | 215,288 | 212,712 | |
Revenue | 1,376,400 | 1,445,540 | 1,427,218 | |
Profit | 3,856 | 3,179 | (847) | |
SERVICE ACE Co., Ltd. [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 97,597 | 99,059 | 96,258 | |
Total Liabilities | 59,189 | 66,496 | 71,890 | |
Total equity | 38,408 | 32,563 | 24,368 | |
Revenue | 194,798 | 197,146 | 206,612 | |
Profit | 2,429 | 2,519 | 2,905 | |
SERVICE TOP Co., Ltd. [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 81,590 | 72,026 | 69,496 | |
Total Liabilities | 53,589 | 46,067 | 51,584 | |
Total equity | 28,001 | 25,959 | 17,912 | |
Revenue | 179,365 | 185,452 | 195,479 | |
Profit | 1,613 | 2,066 | 2,592 | |
SK O&S Co., Ltd. [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 121,755 | 95,748 | 88,663 | |
Total Liabilities | 70,280 | 58,870 | 54,012 | |
Total equity | 51,475 | 36,878 | 34,651 | |
Revenue | 331,715 | 285,591 | 278,948 | |
Profit | 2,059 | 69 | 778 | |
SK Planet Co., Ltd. [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 536,981 | |||
Total Liabilities | 214,846 | |||
Total equity | 322,135 | |||
Revenue | 276,462 | |||
Profit | 1,305 | |||
Dreamus Company [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 172,443 | |||
Total Liabilities | 76,642 | |||
Total equity | 95,801 | |||
Revenue | 226,329 | |||
Profit | (23,068) | |||
SK Shieldus Co Ltd [Member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 2,927,396 | |||
Total Liabilities | 2,550,936 | |||
Total equity | 376,460 | |||
Revenue | 1,327,150 | |||
Profit | 14,227 | |||
Onestore Co., Ltd. [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 243,442 | |||
Total Liabilities | 99,943 | |||
Total equity | 143,499 | |||
Revenue | 155,218 | |||
Profit | 1,952 | |||
Home & Service Co., Ltd. [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 158,248 | 131,947 | 124,197 | |
Total Liabilities | 102,184 | 90,775 | 88,740 | |
Total equity | 56,064 | 41,172 | 35,457 | |
Revenue | 413,259 | 405,255 | 397,754 | |
Profit | (1,217) | 550 | (20) | |
SK stoa Co., Ltd [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 103,910 | 107,943 | 107,982 | |
Total Liabilities | 44,696 | 59,931 | 79,339 | |
Total equity | 59,214 | 48,012 | 28,643 | |
Revenue | 329,304 | 316,249 | 268,693 | |
Profit | 9,977 | ₩ 19,163 | 17,154 | |
FSK L&S CO., Ltd. [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 66,117 | |||
Total Liabilities | 35,192 | |||
Total equity | 30,925 | |||
Revenue | 205,623 | |||
Profit | 3,022 | |||
Incross Co., Ltd. [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 179,308 | |||
Total Liabilities | 104,778 | |||
Total equity | 74,530 | |||
Revenue | 39,440 | |||
Profit | 12,307 | |||
Tmap Mobility Co Ltd [Member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 170,381 | |||
Total Liabilities | 17,179 | |||
Total equity | 153,202 | |||
Revenue | 0 | |||
Profit | (1,857) | |||
SK m&service Co., Ltd [member] | ||||
Disclosure of subsidiaries [line items] | ||||
Total Assets | 160,704 | 129,738 | ||
Total Liabilities | 95,263 | 74,962 | ||
Total equity | 65,441 | 54,776 | ||
Revenue | 211,081 | 214,949 | ||
Profit | ₩ 4,157 | ₩ 2,759 |
Reporting Entity - Information
Reporting Entity - Information of Significant Non-controlling Interests of the Group (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of subsidiaries [line items] | |||
Current assets | ₩ 7,219,196 | ₩ 6,352,665 | |
Non-current assets | 24,089,066 | 24,558,612 | |
Current liabilities | (8,046,541) | (6,960,435) | |
Non-current liabilities | (11,106,525) | (11,615,704) | |
Carrying amount of non-controlling interests | 836,876 | 755,792 | |
Revenue | 17,361,232 | 16,864,348 | ₩ 16,183,498 |
Profit (loss) for the year | 947,831 | 2,418,989 | 1,500,538 |
Total comprehensive income (loss) | 641,605 | 3,781,181 | 1,962,360 |
Profit (loss) attributable to non-controlling interests | 35,431 | 11,466 | (3,814) |
Net cash provided by (used in) operating activities | 5,159,317 | 5,031,279 | 5,821,876 |
Net cash provided by (used in) investing activities | (2,807,795) | (3,486,189) | (4,250,402) |
Net cash provided by (used in) financing activities | (1,349,882) | (2,053,611) | (1,457,579) |
Effects on exchange rate changes on cash and cash equivalents | ₩ 7,920 | ₩ 11,599 | ₩ (15,066) |
SK Broadband Co., Ltd. [member] | |||
Disclosure of subsidiaries [line items] | |||
Ownership of non-controlling interests (%) | 25.30% | 25.10% | |
Current assets | ₩ 1,348,305 | ₩ 1,252,935 | |
Non-current assets | 5,076,410 | 4,886,448 | |
Current liabilities | (1,707,805) | (1,433,800) | |
Non-current liabilities | (1,488,834) | (1,717,074) | |
Net assets | 3,228,076 | 2,988,509 | |
Carrying amount of non-controlling interests | 816,676 | 740,771 | |
Revenue | 4,156,326 | 4,049,156 | |
Profit (loss) for the year | 217,303 | 198,268 | |
Total comprehensive income (loss) | 237,860 | 214,003 | |
Profit (loss) attributable to non-controlling interests | 51,528 | 52,935 | |
Net cash provided by (used in) operating activities | 1,184,794 | 1,072,307 | |
Net cash provided by (used in) investing activities | (807,965) | (615,510) | |
Net cash provided by (used in) financing activities | (415,908) | (248,139) | |
Effects on exchange rate changes on cash and cash equivalents | (584) | (59) | |
Net increase(decrease) in cash and cash equivalents | (39,663) | 208,599 | |
Dividends paid to non-controlling interests | 0 | 0 | |
Dreamus Company [member] | |||
Disclosure of subsidiaries [line items] | |||
Ownership of non-controlling interests (%) | 48.60% | ||
Current assets | ₩ 146,278 | ||
Non-current assets | 26,165 | ||
Current liabilities | (72,762) | ||
Non-current liabilities | (3,880) | ||
Net assets | 95,801 | ||
Net assets on the consolidated financial statements | 95,801 | ||
Carrying amount of non-controlling interests | 47,452 | ||
Revenue | 226,329 | ||
Profit (loss) for the year | (23,068) | ||
Profit (loss) for the year on the consolidated financial statements | (23,068) | ||
Total comprehensive income (loss) | (22,740) | ||
Profit (loss) attributable to non-controlling interests | (10,770) | ||
Net cash provided by (used in) operating activities | 15,223 | ||
Net cash provided by (used in) investing activities | (2,471) | ||
Net cash provided by (used in) financing activities | (2,329) | ||
Effects on exchange rate changes on cash and cash equivalents | (2,053) | ||
Net increase(decrease) in cash and cash equivalents | ₩ 8,370 | ||
Onestore Co., Ltd. [member] | |||
Disclosure of subsidiaries [line items] | |||
Ownership of non-controlling interests (%) | 47.40% | ||
Current assets | ₩ 215,672 | ||
Non-current assets | 27,770 | ||
Current liabilities | (96,139) | ||
Non-current liabilities | (3,804) | ||
Net assets | 143,499 | ||
Net assets on the consolidated financial statements | 143,499 | ||
Carrying amount of non-controlling interests | 68,573 | ||
Revenue | 155,218 | ||
Profit (loss) for the year | 1,952 | ||
Profit (loss) for the year on the consolidated financial statements | 1,952 | ||
Total comprehensive income (loss) | 2,278 | ||
Profit (loss) attributable to non-controlling interests | 930 | ||
Net cash provided by (used in) operating activities | 38,006 | ||
Net cash provided by (used in) investing activities | (62,816) | ||
Net cash provided by (used in) financing activities | (2,499) | ||
Net increase(decrease) in cash and cash equivalents | ₩ (27,309) | ||
Eleven Street Co., Ltd. [member] | |||
Disclosure of subsidiaries [line items] | |||
Ownership of non-controlling interests (%) | 18.20% | ||
Current assets | ₩ 896,828 | ||
Non-current assets | 102,397 | ||
Current liabilities | (508,427) | ||
Non-current liabilities | (34,107) | ||
Net assets | 456,691 | ||
Fair value adjustment and others | (14,297) | ||
Net assets on the consolidated financial statements | 442,394 | ||
Carrying amount of non-controlling interests | 81,754 | ||
Revenue | 545,556 | ||
Profit (loss) for the year | (29,623) | ||
Depreciation of the fair value adjustment and others | (492) | ||
Profit (loss) for the year on the consolidated financial statements | (30,115) | ||
Total comprehensive income (loss) | (15,793) | ||
Profit (loss) attributable to non-controlling interests | (5,565) | ||
Net cash provided by (used in) operating activities | 65,499 | ||
Net cash provided by (used in) investing activities | (71,644) | ||
Net cash provided by (used in) financing activities | (18,059) | ||
Effects on exchange rate changes on cash and cash equivalents | (385) | ||
Net increase(decrease) in cash and cash equivalents | (24,589) | ||
Dividends paid to non-controlling interests | ₩ 5,000 | ||
Life and Security Holdings Co., Ltd. [member] | |||
Disclosure of subsidiaries [line items] | |||
Ownership of non-controlling interests (%) | 37.40% | ||
Current assets | ₩ 306,520 | ||
Non-current assets | 2,620,876 | ||
Current liabilities | (417,194) | ||
Non-current liabilities | (2,133,742) | ||
Net assets | 376,460 | ||
Fair value adjustment and others | (1,227,442) | ||
Net assets on the consolidated financial statements | (850,982) | ||
Carrying amount of non-controlling interests | (318,267) | ||
Revenue | 1,327,150 | ||
Profit (loss) for the year | 14,227 | ||
Depreciation of the fair value adjustment and others | (19,229) | ||
Profit (loss) for the year on the consolidated financial statements | (5,002) | ||
Total comprehensive income (loss) | (3,758) | ||
Profit (loss) attributable to non-controlling interests | (12,432) | ||
Net cash provided by (used in) operating activities | 248,524 | ||
Net cash provided by (used in) investing activities | (229,130) | ||
Net cash provided by (used in) financing activities | 11,134 | ||
Effects on exchange rate changes on cash and cash equivalents | (554) | ||
Net increase(decrease) in cash and cash equivalents | 29,974 | ||
Dividends paid to non-controlling interests | ₩ 17,273 | ||
Incross Co., Ltd. [member] | |||
Disclosure of subsidiaries [line items] | |||
Ownership of non-controlling interests (%) | 55.20% | ||
Current assets | ₩ 165,668 | ||
Non-current assets | 13,640 | ||
Current liabilities | (101,065) | ||
Non-current liabilities | (3,713) | ||
Net assets | 74,530 | ||
Net assets on the consolidated financial statements | 74,530 | ||
Carrying amount of non-controlling interests | 46,010 | ||
Revenue | 39,440 | ||
Profit (loss) for the year | 12,307 | ||
Profit (loss) for the year on the consolidated financial statements | 12,307 | ||
Total comprehensive income (loss) | 12,145 | ||
Profit (loss) attributable to non-controlling interests | 7,568 | ||
Net cash provided by (used in) operating activities | 24,629 | ||
Net cash provided by (used in) investing activities | (2,284) | ||
Net cash provided by (used in) financing activities | (4,278) | ||
Net increase(decrease) in cash and cash equivalents | ₩ 18,067 | ||
SK Broadband Co., Ltd. [member] | |||
Disclosure of subsidiaries [line items] | |||
Ownership of non-controlling interests (%) | 24.90% | ||
Current assets | ₩ 1,179,743 | ||
Non-current assets | 4,586,065 | ||
Current liabilities | (1,279,132) | ||
Non-current liabilities | (1,840,357) | ||
Net assets | 2,646,319 | ||
Net assets on the consolidated financial statements | 2,646,319 | ||
Carrying amount of non-controlling interests | 665,020 | ||
Revenue | 4,162,093 | 4,058,997 | 3,713,021 |
Profit (loss) for the year | ₩ 212,816 | ₩ 213,468 | 150,694 |
Profit (loss) for the year on the consolidated financial statements | 150,694 | ||
Total comprehensive income (loss) | 151,417 | ||
Profit (loss) attributable to non-controlling interests | 27,240 | ||
Net cash provided by (used in) operating activities | 1,035,474 | ||
Net cash provided by (used in) investing activities | (844,454) | ||
Net cash provided by (used in) financing activities | (93,259) | ||
Net increase(decrease) in cash and cash equivalents | ₩ 97,761 |
Significant Accounting Polici_4
Significant Accounting Policies - Estimated Useful Lives of the Group's Property and Equipment (Detail) | 12 Months Ended |
Dec. 31, 2022 | |
Bottom of range [member] | Buildings and structures [member] | |
Disclosure of detailed information about property, plant and equipment [line items] | |
Useful lives (years) | 15 years |
Bottom of range [member] | Machinery [member] | |
Disclosure of detailed information about property, plant and equipment [line items] | |
Useful lives (years) | 3 years |
Bottom of range [member] | Other property and equipment [member] | |
Disclosure of detailed information about property, plant and equipment [line items] | |
Useful lives (years) | 3 years |
Bottom of range [member] | Right-of-use assets [member] | |
Disclosure of detailed information about property, plant and equipment [line items] | |
Useful lives (years) | 1 year |
Weighted average [member] | Machinery [member] | |
Disclosure of detailed information about property, plant and equipment [line items] | |
Useful lives (years) | 15 years |
Top of range [member] | Buildings and structures [member] | |
Disclosure of detailed information about property, plant and equipment [line items] | |
Useful lives (years) | 40 years |
Top of range [member] | Machinery [member] | |
Disclosure of detailed information about property, plant and equipment [line items] | |
Useful lives (years) | 30 years |
Top of range [member] | Other property and equipment [member] | |
Disclosure of detailed information about property, plant and equipment [line items] | |
Useful lives (years) | 10 years |
Top of range [member] | Right-of-use assets [member] | |
Disclosure of detailed information about property, plant and equipment [line items] | |
Useful lives (years) | 50 years |
Significant Accounting Polici_5
Significant Accounting Policies - Estimated Useful Lives of the Group's Intangible Assets (Detail) | 12 Months Ended |
Dec. 31, 2022 | |
Frequency usage rights [member] | Bottom of range [member] | |
Disclosure of detailed information about intangible assets [line items] | |
Useful lives (years) | 2 years 4 months 24 days |
Frequency usage rights [member] | Top of range [member] | |
Disclosure of detailed information about intangible assets [line items] | |
Useful lives (years) | 10 years |
Land usage rights [member] | |
Disclosure of detailed information about intangible assets [line items] | |
Useful lives (years) | 5 years |
Industrial rights [member] | Bottom of range [member] | |
Disclosure of detailed information about intangible assets [line items] | |
Useful lives (years) | 5 years |
Industrial rights [member] | Top of range [member] | |
Disclosure of detailed information about intangible assets [line items] | |
Useful lives (years) | 10 years |
Development costs [member] | |
Disclosure of detailed information about intangible assets [line items] | |
Useful lives (years) | 5 years |
Facility usage rights [member] | Bottom of range [member] | |
Disclosure of detailed information about intangible assets [line items] | |
Useful lives (years) | 10 years |
Facility usage rights [member] | Top of range [member] | |
Disclosure of detailed information about intangible assets [line items] | |
Useful lives (years) | 20 years |
Customer relations [member] | Bottom of range [member] | |
Disclosure of detailed information about intangible assets [line items] | |
Useful lives (years) | 3 years |
Customer relations [member] | Top of range [member] | |
Disclosure of detailed information about intangible assets [line items] | |
Useful lives (years) | 15 years |
Other [member] | Bottom of range [member] | |
Disclosure of detailed information about intangible assets [line items] | |
Useful lives (years) | 3 years |
Other [member] | Top of range [member] | |
Disclosure of detailed information about intangible assets [line items] | |
Useful lives (years) | 20 years |
Significant Accounting Polici_6
Significant Accounting Policies - Additional Information (Detail) | 12 Months Ended |
Dec. 31, 2022 | |
Disclosure of reclassification of financial assets [line items] | |
Investment property, estimated useful lives | 30 years |
Operating Segments - Segment In
Operating Segments - Segment Information (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of operating segments [line items] | |||
Revenue | ₩ 17,304,973 | ₩ 16,748,585 | ₩ 16,087,747 |
Depreciation and amortization | 3,621,325 | 3,672,555 | 3,664,665 |
Operating profit (loss) | 1,594,348 | 1,432,362 | 1,035,020 |
Gain (Loss) relating to investments in subsidiaries, associates and joint ventures, net | (81,707) | 446,300 | 52,456 |
Profit before income tax | 1,236,152 | 1,718,191 | 905,218 |
Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 17,304,973 | 16,748,585 | 16,087,747 |
Depreciation and amortization | 3,621,325 | 3,672,555 | 3,664,665 |
Operating profit (loss) | 1,594,348 | 1,432,362 | 1,035,020 |
Finance income and costs, net | (276,489) | (160,471) | (182,258) |
Gain (Loss) relating to investments in subsidiaries, associates and joint ventures, net | (81,707) | 446,300 | 52,456 |
Profit before income tax | 1,236,152 | 1,718,191 | 905,218 |
Discontinued operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 2,845,424 | 3,015,563 | |
Depreciation and amortization | 287,412 | 326,417 | |
Operating profit (loss) | 73,005 | 69,614 | |
Finance income and costs, net | (222,406) | (73,739) | |
Gain (Loss) relating to investments in subsidiaries, associates and joint ventures, net | 1,502,147 | 975,947 | |
Profit before income tax | 1,352,746 | 971,822 | |
Intersegment [member] | Discontinued operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 462,341 | 478,659 | |
External revenue [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 17,304,973 | 16,748,585 | 16,087,747 |
External revenue [member] | Discontinued operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 2,383,083 | 2,536,904 | |
Operating segments [member] | |||
Disclosure of operating segments [line items] | |||
Operating profit (loss) | 1,643,390 | 1,431,767 | 1,291,505 |
Operating segments [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 19,984,845 | 19,368,026 | 18,638,202 |
Depreciation and amortization | 3,743,115 | 3,782,607 | 3,777,697 |
Operating profit (loss) | 1,643,390 | 1,431,767 | 1,291,505 |
Operating segments [member] | Intersegment [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 2,679,872 | 2,619,441 | 2,550,455 |
Operating segments [member] | External revenue [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 17,304,973 | 16,748,585 | 16,087,747 |
Operating segments [member] | Cellular services [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 14,496,866 | 14,214,407 | 13,853,274 |
Depreciation and amortization | 2,738,547 | 2,812,827 | 2,892,460 |
Operating profit (loss) | 1,334,306 | 1,123,147 | 1,031,887 |
Operating segments [member] | Cellular services [member] | Intersegment [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 1,554,550 | 1,495,934 | 1,505,311 |
Operating segments [member] | Cellular services [member] | External revenue [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 12,942,316 | 12,718,473 | 12,347,963 |
Operating segments [member] | Fixed-line telecommunication services [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 4,895,791 | 4,790,641 | 4,467,863 |
Depreciation and amortization | 981,838 | 958,462 | 874,562 |
Operating profit (loss) | 311,210 | 294,070 | 258,973 |
Operating segments [member] | Fixed-line telecommunication services [member] | Intersegment [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 1,082,802 | 1,112,935 | 1,035,645 |
Operating segments [member] | Fixed-line telecommunication services [member] | External revenue [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 3,812,989 | 3,677,706 | 3,432,218 |
Operating segments [member] | Others [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 592,188 | 362,978 | 317,065 |
Depreciation and amortization | 22,730 | 11,318 | 10,675 |
Operating profit (loss) | (2,126) | 14,550 | 645 |
Operating segments [member] | Others [member] | Intersegment [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 42,520 | 10,572 | 9,499 |
Operating segments [member] | Others [member] | External revenue [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 549,668 | 352,406 | 307,566 |
Adjustments [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | (2,679,872) | (2,619,441) | (2,550,455) |
Depreciation and amortization | (121,790) | (110,052) | (113,032) |
Operating profit (loss) | (49,042) | 595 | (256,485) |
Adjustments [member] | Intersegment [member] | Continuing Operations [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | ₩ (2,679,872) | ₩ (2,619,441) | ₩ (2,550,455) |
Operating Segments - Reconcilia
Operating Segments - Reconciliation of Total Segment Operating Income to Consolidated Operating Profit from Continuing Operations (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of operating segments [line items] | |||
Total segment operating profit | ₩ 1,594,348 | ₩ 1,432,362 | ₩ 1,035,020 |
Gain on disposal of property and equipment and intangible assets | 15,985 | 40,109 | 35,644 |
Other operating income | 56,259 | 115,763 | 95,751 |
Impairment loss on property and equipment and intangible assets | (17,027) | (3,135) | (208,833) |
Loss on disposal of property and equipment and intangible assets | (20,465) | (47,369) | (41,598) |
Bad debt for accounts receivable — other | (3,011) | (6,001) | (10,559) |
Other operating expenses | (1,528,976) | (1,431,587) | (1,658,362) |
Operating segments [member] | |||
Disclosure of operating segments [line items] | |||
Total segment operating profit | 1,643,390 | 1,431,767 | 1,291,505 |
Operating segments [member] | Adjustments [member] | |||
Disclosure of operating segments [line items] | |||
Total segment operating profit | (31,320) | (44,605) | (42,927) |
Operating segments [member] | After adjustments [member] | |||
Disclosure of operating segments [line items] | |||
Total segment operating profit | 1,612,070 | 1,387,162 | 1,248,578 |
Adjustments [member] | |||
Disclosure of operating segments [line items] | |||
Gain on disposal of property and equipment and intangible assets | 15,985 | 39,136 | 34,625 |
Others | 40,274 | 76,627 | 61,126 |
Other operating income | 56,259 | 115,763 | 95,751 |
Impairment loss on property and equipment and intangible assets | (17,027) | (3,135) | (200,705) |
Loss on disposal of property and equipment and intangible assets | (20,465) | (28,158) | (25,633) |
Donations | (13,125) | (12,800) | (16,051) |
Bad debt for accounts receivable — other | (3,011) | (3,995) | (6,640) |
Others | (20,353) | (22,475) | (60,280) |
Other operating expenses | ₩ (73,981) | ₩ (70,563) | ₩ (309,309) |
Operating Segments - Reconcil_2
Operating Segments - Reconciliation of Total Segment Operating Income to Consolidated Operating Profit from Continuing Operations (Parenthetical) (Detail) - KRW (₩) ₩ in Billions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of operating segments [line items] | |||
Penalties expenses | ₩ 6.1 | ₩ 17 | ₩ 51.2 |
Other [member] | |||
Disclosure of operating segments [line items] | |||
Gain loss on sale of business | ₩ 12 |
Operating Segments - Additional
Operating Segments - Additional Information (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of operating segments [line items] | |||
Revenue | ₩ 17,304,973 | ₩ 16,748,585 | ₩ 16,087,747 |
Domestic [member] | |||
Disclosure of operating segments [line items] | |||
Revenue | 17,302,000 | 16,734,000 | 16,072,000 |
Non-current assets | 20,056,000 | 20,227,000 | 22,242,000 |
Outside of Korea [member] | |||
Disclosure of operating segments [line items] | |||
Non-current assets | ₩ 4,000 | ₩ 4,000 | ₩ 63,000 |
Operating Segments - Summary of
Operating Segments - Summary of Disaggregation of Operating Revenue (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | ₩ 17,304,973 | ₩ 19,131,668 | ₩ 18,624,651 |
Discontinued operations [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 0 | 2,383,083 | 2,536,904 |
Goods and Services transferred at a point in time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 1,500,307 | 1,393,600 | 1,358,344 |
Goods and Services transferred over time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 15,804,666 | 15,354,985 | 14,729,403 |
Cellular revenue [member] | Goods [member] | Goods and Services transferred at a point in time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 969,025 | 959,932 | 983,431 |
Cellular revenue [member] | Wireless service [member] | Goods and Services transferred over time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 10,253,217 | 10,100,368 | 9,806,719 |
Cellular revenue [member] | Cellular interconnection [member] | Goods and Services transferred over time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 471,163 | 493,820 | 472,215 |
Cellular revenue [member] | Other [member] | Goods and Services transferred over time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 1,248,911 | 1,164,353 | 1,085,598 |
Fixed-line telecommunication revenue [member] | Goods [member] | Goods and Services transferred at a point in time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 66,477 | 105,340 | 90,692 |
Fixed-line telecommunication revenue [member] | Cellular interconnection [member] | Goods and Services transferred over time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 21,209 | 69,769 | 83,762 |
Fixed-line telecommunication revenue [member] | Internet protocol television [member] | Goods and Services transferred over time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 1,816,130 | 1,786,765 | 1,606,740 |
Fixed-line telecommunication revenue [member] | International calls [member] | Goods and Services transferred over time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 180,689 | 162,379 | 160,293 |
Fixed-line telecommunication revenue [member] | Internet service and miscellaneous [member] | Goods and Services transferred over time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 1,571,822 | 1,336,453 | 1,260,330 |
Fixed-line telecommunication revenue [member] | Fixedline Service [Member] | Goods and Services transferred over time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 156,662 | 217,000 | 230,401 |
Other revenue [member] | Other [member] | Goods and Services transferred at a point in time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 464,805 | 328,328 | 284,221 |
Other revenue [member] | Miscellaneous [member] | Goods and Services transferred over time [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | 84,863 | 24,078 | 23,345 |
Continuing operations [member] | |||
Disclosure of disaggregation of revenue from contracts with customers [line items] | |||
Revenue | ₩ 17,304,973 | ₩ 16,748,585 | ₩ 16,087,747 |
Restricted Deposits - Deposits
Restricted Deposits - Deposits Which are Restricted in Use (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of financial assets [line items] | ||||
Cash and cash equivalents | ₩ 1,882,291 | ₩ 872,731 | ₩ 1,369,653 | ₩ 1,270,824 |
Short-term financial instruments | 237,230 | 508,677 | ||
Long-term financial instruments | 375 | 375 | ||
Financial instruments | 237,605 | 509,052 | ||
Restricted deposits [member] | ||||
Disclosure of financial assets [line items] | ||||
Cash and cash equivalents | 43 | 0 | ||
Short-term financial instruments | 79,514 | 79,500 | ||
Long-term financial instruments | 375 | 372 | ||
Financial instruments | ₩ 79,932 | ₩ 79,872 |
Trade and Other Receivables - D
Trade and Other Receivables - Details of Trade and Other Receivables (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of financial assets [line items] | ||
Accounts receivable — trade | ₩ 1,970,611 | ₩ 1,913,511 |
Short-term loans | 78,590 | 70,817 |
Accounts receivable — other | 479,781 | 548,362 |
Accrued income | 1,732 | 762 |
Guarantee deposits (Other current assets) | 113,204 | 92,046 |
Trade and other receivables, current | 2,643,918 | 2,625,498 |
Long-term loans | 26,973 | 21,979 |
Long-term accounts receivable — other | 373,951 | 275,238 |
Guarantee deposits | 167,441 | 186,713 |
Long-term accounts receivable — trade (Other non-current assets) | 14,161 | 8,106 |
Trade and other receivables, noncurrent | 582,526 | 492,036 |
Trade and other receivables | 3,226,444 | 3,117,534 |
Gross amount [member] | ||
Disclosure of financial assets [line items] | ||
Accounts receivable — trade | 2,205,530 | 2,152,358 |
Short-term loans | 79,298 | 71,750 |
Accounts receivable — other | 522,091 | 593,109 |
Accrued income | 1,732 | 762 |
Guarantee deposits (Other current assets) | 113,204 | 92,046 |
Trade and other receivables, current | 2,921,855 | 2,910,025 |
Long-term loans | 71,857 | 66,431 |
Long-term accounts receivable — other | 375,829 | 277,116 |
Guarantee deposits | 167,741 | 186,713 |
Long-term accounts receivable — trade (Other non-current assets) | 14,165 | 8,140 |
Trade and other receivables, noncurrent | 629,592 | 538,400 |
Trade and other receivables | 3,551,447 | 3,448,425 |
Loss allowance [member] | ||
Disclosure of financial assets [line items] | ||
Accounts receivable — trade | (234,919) | (238,847) |
Short-term loans | (708) | (933) |
Accounts receivable — other | (42,310) | (44,747) |
Accrued income | 0 | 0 |
Guarantee deposits (Other current assets) | 0 | 0 |
Trade and other receivables, current | (277,937) | (284,527) |
Long-term loans | (44,884) | (44,452) |
Long-term accounts receivable — other | (1,878) | (1,878) |
Guarantee deposits | (300) | 0 |
Long-term accounts receivable — trade (Other non-current assets) | (4) | (34) |
Trade and other receivables, noncurrent | (47,066) | (46,364) |
Trade and other receivables | ₩ (325,003) | ₩ (330,891) |
Trade and Other Receivables -_2
Trade and Other Receivables - Details of Trade and Other Receivables (Parenthetical) (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Gross and carrying amounts of accounts receivable other [member] | ||
Disclosure of financial assets [line items] | ||
Financial instruments classified as FVTPL | ₩ 332,669 | ₩ 459,959 |
Trade and Other Receivables - C
Trade and Other Receivables - Changes in Loss Allowance on Accounts Receivable - Trade Measured at Amortized Costs (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of financial assets [line items] | |||
Impairment | ₩ (30,064) | ₩ (37,547) | ₩ (59,184) |
Spin-off | (2,281,910) | ||
Trade and other receivables [member] | |||
Disclosure of financial assets [line items] | |||
Beginning balance | 238,881 | 264,498 | |
Impairment | 27,053 | 31,546 | |
Write-offs | (42,296) | (65,852) | |
Collection of receivables previously written-off | 11,282 | 14,565 | |
Business combination | 3 | 878 | |
Spin-off | 0 | (6,754) | |
Ending Balance | ₩ 234,923 | ₩ 238,881 | ₩ 264,498 |
Trade and Other Receivables - S
Trade and Other Receivables - Summary of Loss Allowance on Accounts Receivable - Trade (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure of financial assets [line items] | |||
Gross amount | ₩ 1,984,772 | ₩ 1,921,617 | |
Trade and other receivables [member] | |||
Disclosure of financial assets [line items] | |||
Loss allowance | ₩ 234,923 | ₩ 238,881 | ₩ 264,498 |
Not Later Than Six Months [member] | Trade and other receivables [member] | Telecommunications service revenue [member] | |||
Disclosure of financial assets [line items] | |||
Expected credit loss rate | 2.24% | ||
Gross amount | ₩ 1,408,471 | ||
Loss allowance | ₩ 31,500 | ||
Not Later Than Six Months [member] | Trade and other receivables [member] | Other revenue [member] | |||
Disclosure of financial assets [line items] | |||
Expected credit loss rate | 2.92% | ||
Gross amount | ₩ 589,484 | ||
Loss allowance | ₩ 17,357 | ||
More Than 6 Months [Member] | Trade and other receivables [member] | Telecommunications service revenue [member] | |||
Disclosure of financial assets [line items] | |||
Expected credit loss rate | 76.22% | ||
Gross amount | ₩ 47,412 | ||
Loss allowance | ₩ 36,139 | ||
More Than 6 Months [Member] | Trade and other receivables [member] | Other revenue [member] | |||
Disclosure of financial assets [line items] | |||
Expected credit loss rate | 50.75% | ||
Gross amount | ₩ 3,464 | ||
Loss allowance | ₩ 1,758 | ||
1 - 3 years [Member] | Trade and other receivables [member] | Telecommunications service revenue [member] | |||
Disclosure of financial assets [line items] | |||
Expected credit loss rate | 85.59% | ||
Gross amount | ₩ 126,479 | ||
Loss allowance | ₩ 108,249 | ||
1 - 3 years [Member] | Trade and other receivables [member] | Other revenue [member] | |||
Disclosure of financial assets [line items] | |||
Expected credit loss rate | 69.89% | ||
Gross amount | ₩ 8,606 | ||
Loss allowance | ₩ 6,015 | ||
More than 3 years [Member] | Trade and other receivables [member] | Telecommunications service revenue [member] | |||
Disclosure of financial assets [line items] | |||
Expected credit loss rate | 93% | ||
Gross amount | ₩ 20,100 | ||
Loss allowance | ₩ 18,693 | ||
More than 3 years [Member] | Trade and other receivables [member] | Other revenue [member] | |||
Disclosure of financial assets [line items] | |||
Expected credit loss rate | 97.02% | ||
Gross amount | ₩ 15,679 | ||
Loss allowance | ₩ 15,212 |
Prepaid Expenses - Summary of P
Prepaid Expenses - Summary of Prepaid Expenses (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of prepaid expenses [abstract] | ||
Incremental costs of obtaining contracts | ₩ 1,888,182 | ₩ 1,886,680 |
Others | 86,133 | 100,823 |
Current prepaid expenses | 1,974,315 | 1,987,503 |
Incremental costs of obtaining contracts | 996,180 | 977,236 |
Others | 77,242 | 91,912 |
Noncurrent prepayments | ₩ 1,073,422 | ₩ 1,069,148 |
Prepaid Expenses - Summary of I
Prepaid Expenses - Summary of Incremental Costs of Obtaining Contracts That Capitalized as Assets and Related Amortization Recognized as impairment losses (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of assets recognised from costs to obtain or fulfil contracts with customers [abstract] | |||
Amortization and impairment losses recognized | ₩ 2,485,593 | ₩ 2,634,134 | ₩ 2,418,947 |
Contract Assets and Liabiliti_3
Contract Assets and Liabilities - Summary of Contract Assets and Liabilities (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of revenue from contracts with customers [line items] | ||
Contract liabilities | ₩ 233,922 | ₩ 202,967 |
Allocation of consideration between performance obligations [member] | ||
Disclosure of revenue from contracts with customers [line items] | ||
Contract assets | 132,221 | 118,278 |
Wireless service contracts [member] | ||
Disclosure of revenue from contracts with customers [line items] | ||
Contract liabilities | 18,544 | 18,397 |
Customer loyalty programs [member] | ||
Disclosure of revenue from contracts with customers [line items] | ||
Contract liabilities | 7,706 | 12,699 |
Fixed-line service contracts [member] | ||
Disclosure of revenue from contracts with customers [line items] | ||
Contract liabilities | 136,880 | 118,525 |
Other contract liabilities [member] | ||
Disclosure of revenue from contracts with customers [line items] | ||
Contract liabilities | ₩ 70,792 | ₩ 53,346 |
Contract Assets and Liabiliti_4
Contract Assets and Liabilities - Schedule of Performance Obligations (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of performance obligations [line items] | ||
Contract liabilities | ₩ 233,922 | ₩ 202,967 |
Wireless service contracts [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 18,544 | 18,397 |
Customer loyalty programs [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 7,706 | 12,699 |
Fixed-line service contracts [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 136,880 | 118,525 |
Other contract liabilities [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 70,792 | ₩ 53,346 |
Less than 1 year [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 172,348 | |
Less than 1 year [member] | Wireless service contracts [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 18,544 | |
Less than 1 year [member] | Customer loyalty programs [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 6,141 | |
Less than 1 year [member] | Fixed-line service contracts [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 88,051 | |
Less than 1 year [member] | Other contract liabilities [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 59,612 | |
1 - 2 years [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 26,181 | |
1 - 2 years [member] | Wireless service contracts [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 0 | |
1 - 2 years [member] | Customer loyalty programs [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 1,048 | |
1 - 2 years [member] | Fixed-line service contracts [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 14,198 | |
1 - 2 years [member] | Other contract liabilities [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 10,935 | |
More than 2 years [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 35,393 | |
More than 2 years [member] | Wireless service contracts [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 0 | |
More than 2 years [member] | Customer loyalty programs [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 517 | |
More than 2 years [member] | Fixed-line service contracts [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | 34,631 | |
More than 2 years [member] | Other contract liabilities [member] | ||
Disclosure of performance obligations [line items] | ||
Contract liabilities | ₩ 245 |
Contract Assets and Liabiliti_5
Contract Assets and Liabilities - Additional Information (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Revenue [abstract] | ||
Revenue from performance obligations satisfied or partially satisfied in prior periods | ₩ 109,867 | ₩ 185,515 |
Inventories - Details of Invent
Inventories - Details of Inventories (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of inventories [Line Items] | ||
Merchandise | ₩ 151,303 | ₩ 201,126 |
Supplies | 15,052 | 3,511 |
Inventories | 166,355 | 204,637 |
Gross amount [member] | ||
Disclosure of inventories [Line Items] | ||
Merchandise | 156,919 | 204,545 |
Supplies | 15,052 | 3,511 |
Inventories | 171,971 | 208,056 |
Accumulated impairment [member] | ||
Disclosure of inventories [Line Items] | ||
Merchandise | (5,616) | (3,419) |
Supplies | 0 | 0 |
Inventories | ₩ (5,616) | ₩ (3,419) |
Inventories - Amount of the Inv
Inventories - Amount of the Inventory Write-downs Charged to the Consolidated Statement of Income and Write-off of Inventories (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Classes of current inventories [abstract] | |||
Charged to cost of products that have been resold | ₩ 2,297 | ₩ (3,287) | ₩ (1,560) |
Write-off upon sale | ₩ (756) | ₩ (347) | ₩ (3,312) |
Inventories - Additional Inform
Inventories - Additional Information (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Inventories [line items] | |||
Reversals of inventory write-downs | ₩ 0 | ||
Cost of goods sold [member] | |||
Inventories [line items] | |||
Inventories recognized as operating expenses | ₩ 1,266,271 | ₩ 1,417,339 | ₩ 1,385,016 |
Investment Securities - Details
Investment Securities - Details of Short-term Investment Securities (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Beneficiary certificates [member] | ||
Disclosure of financial assets [line items] | ||
FVTPL | ₩ 0 | ₩ 5,010 |
Investment Securities - Detai_2
Investment Securities - Details of Long-term Investment Securities (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of financial assets [line items] | ||
Available-for-sale financial assets | ₩ 1,410,736 | ₩ 1,715,078 |
Equity securities [member] | ||
Disclosure of financial assets [line items] | ||
Available-for-sale financial assets | 1,189,597 | 1,510,428 |
FVOCI | 44,440 | 57,830 |
Non current Assets | 1,234,037 | 1,568,258 |
Investment bonds [member] | ||
Disclosure of financial assets [line items] | ||
FVOCI | 0 | 1,177 |
FVTPL | 176,699 | 145,643 |
Non current Assets | ₩ 176,699 | ₩ 146,820 |
Investment Securities - Detai_3
Investment Securities - Details of Long-term Investment Securities (Parenthetical) (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of financial assets [line items] | ||
Investments in equity instruments that are not held for trading as financial assets at FVOCI | ₩ 1,189,597 | ₩ 1,510,428 |
Business Combinations - Additio
Business Combinations - Additional information (Detail) - KRW (₩) ₩ in Millions | 1 Months Ended | 12 Months Ended | ||||
Jan. 01, 2022 | Apr. 30, 2020 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 30, 2020 | |
Disclosure of detailed information about business combination [line items] | ||||||
Consideration transferred in cash | ₩ 8,047 | |||||
Goodwill | ₩ 2,075,009 | ₩ 2,072,493 | 3,357,524 | |||
Revenue of combined entity | 16,294,243 | |||||
Profit or loss of combined entity | 1,516,857 | |||||
ADT CAPS Co., Ltd. [member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Consideration transferred in cash | 2,958 | |||||
Goodwill | 2,892 | |||||
ADT CAPS Co., Ltd. [member] | Later Than Two Years [Member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Consideration transferred in cash | 3,000 | |||||
SK Infosec Co., Ltd. [member] | Top of range [member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Ownership percentage | 62.60% | |||||
SK Infosec Co., Ltd. [member] | Bottom of range [member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Ownership percentage | 100% | |||||
Broadband Nowon Co., Ltd. [member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Number of shares | 627,000 | |||||
Ownership percentage | 55% | |||||
Revenue of acquiree since acquisition date | ₩ 5,756 | |||||
Profit (loss) of acquiree since acquisition date | 426 | |||||
Consideration transferred in cash | 10,421 | ₩ 10,421 | ||||
Other non-operating income | 733 | |||||
SK Broadband Co., Ltd. [member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Goodwill | 405,639 | ₩ 764,082 | ₩ 764,082 | |||
Buisness combination equity interests of acquirer transferred | ₩ 862,147 | |||||
Studio Dolphin Co Ltd [Member] | D R E A M U S C O M P A N Y [Member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Number of shares | 10,000 | |||||
Ownership percentage | 100% | |||||
Revenue of acquiree since acquisition date | ₩ 245 | |||||
Profit (loss) of acquiree since acquisition date | 304 | |||||
Consideration transferred in cash | 1,500 | |||||
Goodwill | ₩ 1,465 | |||||
Ylp Inc [Member] | Tmap Mobility Co Ltd [Member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Number of shares | 168,012 | |||||
Ownership percentage | 100% | |||||
Revenue of acquiree since acquisition date | ₩ 20,488 | |||||
Profit (loss) of acquiree since acquisition date | 1,632 | |||||
Consideration transferred in cash | 55,598 | |||||
Goodwill | 69,516 | |||||
Business combination aggregate consideration transferred | 79,000 | |||||
Buisness combination equity interests of acquirer transferred | ₩ 23,402 | |||||
Ylp Inc [Member] | Tmap Mobility Co Ltd [Member] | Tranche One [Member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Number of shares | 118,242 | |||||
Ownership percentage | 70.40% | |||||
Ylp Inc [Member] | Tmap Mobility Co Ltd [Member] | Tranche Two [Member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Number of shares | 267,700 | |||||
Ownership percentage | 29.60% | |||||
Business combination issued capital, ordinary shares | ₩ 23,402 | |||||
Buisness combination equity interests of acquirer transferred | 49,770 | |||||
Rockmedia Co Ltd [Member] | One Store Co Ltd [member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Revenue of acquiree since acquisition date | 10,915 | |||||
Consideration transferred in cash | ₩ 40,000 | |||||
Good Service Co Ltd [Member] | Tmap Mobility Co Ltd [Member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Number of shares | 2,000 | |||||
Ownership percentage | 100% | |||||
Revenue of acquiree since acquisition date | ₩ 1,063 | |||||
Profit (loss) of acquiree since acquisition date | 621 | |||||
Consideration transferred in cash | 10,000 | |||||
Goodwill | ₩ 4,844 | |||||
SK m&service Co., Ltd [member] | PS&Marketing Corporation | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Number of shares | 3,099,112 | |||||
Ownership percentage | (100.00%) | |||||
Revenue of acquiree since acquisition date | ₩ 250,108 | ₩ 211,081 | ||||
Profit (loss) of acquiree since acquisition date | ₩ 4,695 | 4,157 | ||||
Consideration transferred in cash | ₩ 72,859 | |||||
Rokmedia Co Ltd [Member] | One Store Co Ltd [member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Number of shares | 60,000 | |||||
Ownership percentage | 100% | |||||
Profit (loss) of acquiree since acquisition date | ₩ 1,066 | |||||
Consideration transferred in cash | 40,000 | |||||
Goodwill | ₩ 33,641 |
Business Combinations - Summary
Business Combinations - Summary of Acquiree (Detail) | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
SK m&service Co., Ltd [member] | PS Marketing Corporation [Member] | |||
Disclosure of detailed information about business combination [line items] | |||
Corporate name | SK m&service Co., Ltd. | ||
Location | 16th floor, 34, Supyo-ro, Jung-gu, Seoul, Korea | ||
CEO | Park, Jeong-Min | ||
Industry | Database and internet website service | ||
Studio Dolphin Co Ltd [Member] | DREAMUS COMPANY [member] | |||
Disclosure of detailed information about business combination [line items] | |||
Corporate name | Studio Dolphin Co., Ltd. | ||
Location | 3rd floor, 10, Jandari-ro 7an-gil, Mapo-gu, Seoul, Korea | ||
CEO | Kim, Dong-Hee | ||
Industry | Music and sound recording business | ||
YLP Inc [Member] | T map Mobility Co., Ltd. [member] | |||
Disclosure of detailed information about business combination [line items] | |||
Corporate name | YLP Inc. | ||
Location | 1740, Cheongwon-ro, Pyeongtaek-si, Gyeonggi-do, Korea | ||
CEO | Lee, Hyeok-Ju | ||
Industry | Freight forwarders and cargo agents | ||
Rokmedia Co., Ltd [member] | One Store Co., Ltd. [member] | |||
Disclosure of detailed information about business combination [line items] | |||
Corporate name | Rokmedia Co., Ltd. | ||
Location | 3rd floor, 330, Seongam-ro, Mapo-gu, Seoul, Korea | ||
CEO | Kang, Jun-Gyu / Kim, Jeong-Su | ||
Industry | Publishing and telecommunications retail business | ||
GOOD SERVICE Co., Ltd [member] | T map Mobility Co., Ltd. [member] | |||
Disclosure of detailed information about business combination [line items] | |||
Corporate name | GOOD SERVICE Co., Ltd. | ||
Location | 4th floor, 54, Daeheung-ro, Mapo-gu, Seoul, Korea | ||
CEO | Kim, Seung-Wook | ||
Industry | Surrogate driving service business and related business | ||
Broadband Nowon Co., Ltd. [member] | |||
Disclosure of detailed information about business combination [line items] | |||
Corporate name | Broadband Nowon Co., Ltd. | ||
Location | 21, 81gil, Dobong-ro, Gangbuk-gu, Seoul, Korea | ||
CEO | Yoo, Chang-Wan | ||
Industry | Cable broadcasting services |
Business Combinations - Conside
Business Combinations - Considerations Transferred Identifiable Assets Acquired and Liabilities Assumed as of the Acquisition Date (Detail) - KRW (₩) ₩ in Millions | 1 Months Ended | |||
Apr. 30, 2020 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Considerations paid: | ||||
Cash and cash equivalents | ₩ 8,047 | |||
SK m&service Co., Ltd [member] | PS Marketing Corporation [Member] | ||||
Considerations paid: | ||||
Cash and cash equivalents | ₩ 72,859 | |||
Assets and liabilities acquired: | ||||
Cash and cash equivalents | 10,547 | |||
Accounts receivable — trade and other, net | 76,035 | |||
Inventories, net | 3,349 | |||
Property and equipment, net | 27,138 | |||
Other assets | 10,394 | |||
Intangible assets, net | 12,462 | |||
Accounts payable — trade and other | (53,894) | |||
Defined benefit liabilities | (2,739) | |||
Provisions | (991) | |||
Other liabilities | (18,337) | |||
Lease liabilities | (6,503) | |||
Income tax payable | (399) | |||
Assets and liabilities acquired | 59,578 | |||
Goodwill | 2,516 | |||
Deduction of capital surplus and others (I — II) | ₩ 13,281 | |||
Studio Dolphin Co Ltd [Member] | DREAMUS COMPANY [member] | ||||
Considerations paid: | ||||
Cash and cash equivalents | ₩ 1,500 | |||
Assets and liabilities acquired: | ||||
Cash and cash equivalents | 20 | |||
Accounts receivable — trade and other, net | 31 | |||
Other assets | 7 | |||
Short-term borrowings | (2) | |||
Accounts payable — trade and other | (4) | |||
Other liabilities | (17) | |||
Assets and liabilities acquired | 35 | |||
Goodwill | 1,465 | |||
YLP Inc [Member] | T map Mobility Co., Ltd. [member] | ||||
Considerations paid: | ||||
Cash and cash equivalents | 55,598 | |||
Fair value of shares | 23,402 | |||
Assets and liabilities acquired: | ||||
Cash and cash equivalents | 1,897 | |||
Financial instruments | 4,000 | |||
Accounts receivable — trade and other, net | 4,480 | |||
Property and equipment, net | 431 | |||
Other assets | 325 | |||
Intangible assets, net | 3,595 | |||
Accounts payable — trade and other | (3,542) | |||
Borrowings | (1,000) | |||
Other liabilities | (48) | |||
Lease liabilities | (327) | |||
Deferred tax liabilities | (327) | |||
Assets and liabilities acquired | 9,484 | |||
Goodwill | 69,516 | |||
Rokmedia Co., Ltd [member] | One Store Co., Ltd. [member] | ||||
Considerations paid: | ||||
Cash and cash equivalents | 40,000 | |||
Assets and liabilities acquired: | ||||
Cash and cash equivalents | 719 | |||
Financial instruments | 2,170 | |||
Accounts receivable — trade and other, net | 1,374 | |||
Inventories, net | 933 | |||
Property and equipment, net | 792 | |||
Other assets | 3,212 | |||
Short-term borrowings | 30 | |||
Intangible assets, net | 2,677 | |||
Accounts payable — trade and other | (1,885) | |||
Borrowings | (1,485) | |||
Provisions | (385) | |||
Other liabilities | (111) | |||
Lease liabilities | (56) | |||
Contract liabilities | (1,401) | |||
Income tax payable | (90) | |||
Deferred tax liabilities | (135) | |||
Assets and liabilities acquired | 6,359 | |||
Goodwill | 33,641 | |||
GOOD SERVICE Co., Ltd [member] | T map Mobility Co., Ltd. [member] | ||||
Considerations paid: | ||||
Cash and cash equivalents | 10,000 | |||
Assets and liabilities acquired: | ||||
Cash and cash equivalents | 1,328 | |||
Financial instruments | 116 | |||
Accounts receivable — trade and other, net | 1,881 | |||
Property and equipment, net | 116 | |||
Intangible assets, net | 3,492 | |||
Accounts payable — trade and other | (883) | |||
Other liabilities | (85) | |||
Lease liabilities | (113) | |||
Deferred tax liabilities | (696) | |||
Assets and liabilities acquired | 5,156 | |||
Goodwill | ₩ 4,844 | |||
SK Broadband Co., Ltd. [member] | ||||
Considerations paid: | ||||
Fair value of shares | ₩ 862,147 | |||
Fair value of derivative liability | 320,984 | |||
Assets and liabilities acquired: | ||||
Cash and cash equivalents | 110,644 | |||
Financial instruments | 6 | |||
Accounts receivable — trade and other, net | 66,241 | |||
Property and equipment, net | 245,654 | |||
Other assets | 3,261 | |||
Intangible assets, net | 423,515 | |||
Deferred tax assets | 1,296 | |||
Accounts payable — trade and other | (105,179) | |||
Contract liabilities | (1,674) | |||
Contract assets | 14,033 | |||
Defined benefit liabilities | (30) | |||
Prepaid expenses | 36,324 | |||
Provisions | (2,755) | |||
Other liabilities | (15,655) | |||
Long-term investment securities | 6,239 | |||
Investments in associates and joint ventures | 13,637 | |||
Income tax payable | (18,065) | |||
Assets and liabilities acquired | 777,492 | |||
Goodwill | 405,639 | |||
Broadband Nowon Co., Ltd. [member] | ||||
Considerations paid: | ||||
Cash and cash equivalents | ₩ 10,421 | 10,421 | ||
Assets and liabilities acquired: | ||||
Cash and cash equivalents | 18,106 | |||
Accounts receivable — trade and other, net | 1,122 | |||
Property and equipment, net | 1,784 | |||
Other assets | 595 | |||
Intangible assets, net | 360 | |||
Accounts payable — trade and other | (1,351) | |||
Other liabilities | (336) | |||
Assets and liabilities acquired | 20,280 | |||
Non-controlling interests | 9,126 | |||
Goodwill | (733) | |||
ADT CAPS Co., Ltd. [member] | ||||
Considerations paid: | ||||
Cash and cash equivalents | 8,047 | |||
Assets and liabilities acquired: | ||||
Accounts receivable — trade and other, net | 6,787 | |||
Property and equipment, net | 363 | |||
Other assets | 4 | |||
Intangible assets, net | 6,460 | |||
Accounts payable — trade and other | (5,306) | |||
Defined benefit liabilities | (1,227) | |||
Other liabilities | (372) | |||
Deferred tax liabilities | (1,554) | |||
Assets and liabilities acquired | 5,155 | |||
Goodwill | ₩ 2,892 |
Investments in Associates and_3
Investments in Associates and Joint Ventures - Investments in Associates and Joint Ventures Accounted for using the Equity Method (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of investments in associates and joint ventures [Line Items] | |||
Investments in associates, carrying amount | ₩ 1,883,579 | ₩ 2,188,096 | |
Investments in joint ventures, carrying amount | 5,710 | 9,255 | |
Investments in associates and joint ventures | ₩ 1,889,289 | ₩ 2,197,351 | ₩ 14,354,113 |
Finnq Co. Ltd. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Joint ventures, Country | Korea | ||
Joint ventures, Ownership (%) | 49% | ||
Investments in joint ventures, carrying amount | ₩ 0 | ₩ 7,255 | |
Investments in associates and joint ventures | ₩ 7,255 | 13,342 | |
UTC Kakao SK Telecom ESG Fund [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Joint ventures, Country | Korea | ||
Joint ventures, Ownership (%) | 48.20% | 48.20% | |
Investments in joint ventures, carrying amount | ₩ 5,710 | ₩ 2,000 | |
Investments in associates and joint ventures | ₩ 5,710 | ₩ 2,000 | |
SK China Company Ltd. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | China | ||
Associates, Ownership (%) | 27.30% | 27.30% | |
Investments in associates, carrying amount | ₩ 879,527 | ₩ 793,754 | |
Investments in associates and joint ventures | ₩ 879,527 | ₩ 793,754 | 555,133 |
Korea IT fund [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Korea | ||
Associates, Ownership (%) | 63.30% | 63.30% | |
Investments in associates, carrying amount | ₩ 324,860 | ₩ 339,976 | |
Investments in associates and joint ventures | ₩ 324,860 | ₩ 339,976 | 323,294 |
HanaCard Co., Ltd. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Korea | ||
Associates, Ownership (%) | 15% | ||
Investments in associates, carrying amount | ₩ 349,866 | ||
UniSK [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | China | ||
Associates, Ownership (%) | 49% | 49% | |
Investments in associates, carrying amount | ₩ 20,839 | ₩ 19,156 | |
Investments in associates and joint ventures | ₩ 20,839 | ₩ 19,156 | 15,700 |
SK Technology Innovation Company [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Cayman Islands | ||
Associates, Ownership (%) | 49% | 49% | |
Investments in associates, carrying amount | ₩ 69,375 | ₩ 86,301 | |
Investments in associates and joint ventures | ₩ 69,375 | ₩ 86,301 | 41,579 |
SK MENA Investment B.V. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Netherlands | ||
Associates, Ownership (%) | 32.10% | 32.10% | |
Investments in associates, carrying amount | ₩ 14,296 | ₩ 15,343 | |
Investments in associates and joint ventures | ₩ 14,296 | ₩ 15,343 | 14,043 |
SK Latin America Investment SA [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Spain | ||
Associates, Ownership (%) | 32.10% | 32.10% | |
Investments in associates, carrying amount | ₩ 11,961 | ₩ 14,004 | |
Investments in associates and joint ventures | ₩ 11,961 | ₩ 14,004 | 13,930 |
SK South East Asia Investment Pte. Ltd. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Singapore | ||
Associates, Ownership (%) | 20% | 20% | |
Investments in associates, carrying amount | ₩ 357,537 | ₩ 348,782 | |
Pacific Telecom Inc [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | USA | ||
Associates, Ownership (%) | 15% | 15% | |
Investments in associates, carrying amount | ₩ 48,542 | ₩ 43,789 | |
Investments in associates and joint ventures | ₩ 48,542 | ₩ 43,789 | 39,723 |
SM. Culture & Contents Co., Ltd [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Korea | ||
Associates, Ownership (%) | 23.10% | 23.10% | |
Investments in associates, carrying amount | ₩ 59,611 | ₩ 60,261 | |
Investments in associates and joint ventures | ₩ 59,611 | ₩ 60,261 | 62,248 |
Digital Games International Pte Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Singapore | ||
Associates, Ownership (%) | 33.30% | ||
Investments in associates, carrying amount | ₩ 2,208 | ||
Investments in associates and joint ventures | ₩ 2,208 | 6,449 | |
Invites Healthcare Co Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Korea | ||
Associates, Ownership (%) | 31.10% | 27.10% | |
Investments in associates, carrying amount | ₩ 26,474 | ||
Investments in associates and joint ventures | ₩ 26,474 | 25,536 | |
Nam Incheon Broadcasting Co Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Korea | ||
Associates, Ownership (%) | 27.30% | 27.30% | |
Investments in associates, carrying amount | ₩ 13,575 | ₩ 12,525 | |
Investments in associates and joint ventures | ₩ 13,575 | ₩ 12,525 | 10,902 |
Home Choice Corp [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Korea | ||
Associates, Ownership (%) | 17.80% | 17.80% | |
Investments in associates, carrying amount | ₩ 4,456 | ₩ 3,052 | |
Investments in associates and joint ventures | 4,456 | 3,052 | 3,585 |
12CM JAPAN and others [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Investments in associates, carrying amount | 69,734 | 68,966 | |
Investments in associates and joint ventures | ₩ 69,734 | ₩ 68,966 | 64,485 |
Konan Technology Inc [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Korea | ||
Associates, Ownership (%) | 20.80% | 26.50% | |
Investments in associates, carrying amount | ₩ 8,366 | ₩ 3,639 | |
Investments in associates and joint ventures | ₩ 8,366 | ₩ 3,639 | ₩ 1,265 |
CMES Inc. [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Associates, Country | Korea | ||
Associates, Ownership (%) | 7.70% | ||
Investments in associates, carrying amount | ₩ 900 | ||
Investments in associates and joint ventures | ₩ 900 |
Investments in Associates and_4
Investments in Associates and Joint Ventures - Investments in Associates and Joint Ventures Accounted for using the Equity Method (Parenthetical) (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |||
Jul. 27, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of investments in associates and joint ventures [Line Items] | ||||
Purchase of investments in cash | ₩ 11,065 | ₩ 222,765 | ₩ 170,292 | |
Acquisition and disposition of investments in joint ventures and associates | (362,625) | 340,237 | ||
Investments in equity instruments that are not held for trading as financial assets at FVOCI | 1,189,597 | 1,510,428 | ||
Investments in subsidiaries, joint ventures and associates | 1,889,289 | 2,197,351 | 14,354,113 | |
S.M. Culture & Contents Co., Ltd [member] | ||||
Disclosure of investments in associates and joint ventures [Line Items] | ||||
Acquisition and disposition of investments in joint ventures and associates | 37 | 144 | ||
Gains on disposals of investment properties | 1,462 | |||
Investments in subsidiaries, joint ventures and associates | 59,611 | 60,261 | 62,248 | |
Twelve C M Japan Inc and others [Member] | ||||
Disclosure of investments in associates and joint ventures [Line Items] | ||||
Acquisition and disposition of investments in joint ventures and associates | 1,873 | 7,023 | ||
Investments in subsidiaries, joint ventures and associates | 69,734 | 68,966 | 64,485 | |
Twelve C M Japan Inc and others [Member] | SMART SKT Infinitum Game Fund [Member] | ||||
Disclosure of investments in associates and joint ventures [Line Items] | ||||
Contribution in Cash | 2,000 | |||
Hana Card Co Ltd [Member] | ||||
Disclosure of investments in associates and joint ventures [Line Items] | ||||
Acquisition and disposition of investments in joint ventures and associates | ₩ 330,032 | (368,389) | ||
Loss on disposal of investments in associates | ₩ 48,693 | |||
Investments in subsidiaries, joint ventures and associates | 349,866 | |||
Pacific Telecom Inc [member] | ||||
Disclosure of investments in associates and joint ventures [Line Items] | ||||
Percentage of decrease in equity interests | 20% | |||
Investments in subsidiaries, joint ventures and associates | ₩ 48,542 | 43,789 | 39,723 | |
CMES Inc [Member] | ||||
Disclosure of investments in associates and joint ventures [Line Items] | ||||
Investments in equity instruments that are not held for trading as financial assets at FVOCI | 900 | |||
Investments in subsidiaries, joint ventures and associates | 900 | |||
Startup Win Win Fund [Member] | ||||
Disclosure of investments in associates and joint ventures [Line Items] | ||||
Acquisition and disposition of investments in joint ventures and associates | 5,800 | |||
Investments in subsidiaries, joint ventures and associates | 4,850 | |||
Daekyo Wipoongdangdang Contents Korea Fund [Member] | ||||
Disclosure of investments in associates and joint ventures [Line Items] | ||||
Acquisition and disposition of investments in joint ventures and associates | 1,080 | |||
Loss on disposal of investments in associates | 950 | |||
Investments in subsidiaries, joint ventures and associates | 1,080 | |||
KB ESG Fund [Member] | ||||
Disclosure of investments in associates and joint ventures [Line Items] | ||||
Purchase of investments in cash | 4,000 | |||
Finnq Co. Ltd. [member] | ||||
Disclosure of investments in associates and joint ventures [Line Items] | ||||
Acquisition and disposition of investments in joint ventures and associates | ₩ 5,733 | (3,840) | ||
Investment in joint ventures and association disposal consideration | 5,733 | |||
Loss on disposal of investments in associates | 1,043 | |||
Investments in subsidiaries, joint ventures and associates | 7,255 | ₩ 13,342 | ||
UTC Kakao SK Telecom ESG Fund [Member] | ||||
Disclosure of investments in associates and joint ventures [Line Items] | ||||
Acquisition and disposition of investments in joint ventures and associates | 4,000 | 2,000 | ||
Contribution in Cash | 4,000 | |||
Investments in subsidiaries, joint ventures and associates | ₩ 5,710 | ₩ 2,000 |
Investments in Associates and_5
Investments in Associates and Joint Ventures - Market Price of Investments in Listed Associates (Detail) ₩ / shares in Units, ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 KRW (₩) ₩ / shares shares | Dec. 31, 2021 KRW (₩) ₩ / shares shares | Dec. 31, 2022 $ / shares | |
SM. Culture & Contents Co., Ltd [member] | |||
Disclosure of associates [Line Items] | |||
Market price per share | ₩ / shares | ₩ 2,960 | ₩ 4,485 | |
Number of shares | shares | 22,033,898 | 22,033,898 | |
Market value | ₩ | ₩ 65,220 | ₩ 98,822 | |
Konan Technology Inc [Member] | |||
Disclosure of associates [Line Items] | |||
Market price per share | $ / shares | $ 28,250 | ||
Number of shares | shares | 1,179,580 | ||
Market value | ₩ | ₩ 33,323 |
Investments in Associates and_6
Investments in Associates and Joint Ventures - Financial Information of Significant Associates (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of associates [Line Items] | |||
Current assets | ₩ 7,219,196 | ₩ 6,352,665 | |
Non-current assets | 24,089,066 | 24,558,612 | |
Current liabilities | 8,046,541 | 6,960,435 | |
Non-current liabilities | 11,106,525 | 11,615,704 | |
Revenue | 17,361,232 | 16,864,348 | ₩ 16,183,498 |
Profit for the year | 947,831 | 2,418,989 | 1,500,538 |
Other comprehensive income (loss) | (306,226) | 1,362,192 | 461,822 |
Total comprehensive income | 641,605 | 3,781,181 | 1,962,360 |
SK hynix Inc. [member] | |||
Disclosure of associates [Line Items] | |||
Current assets | 16,570,953 | ||
Non-current assets | 54,602,900 | ||
Current liabilities | 9,072,360 | ||
Non-current liabilities | 10,192,396 | ||
Revenue | 31,900,418 | ||
Profit for the year | 4,758,914 | ||
Other comprehensive income (loss) | (107,378) | ||
Total comprehensive income | 4,651,536 | ||
HanaCard Co., Ltd. [member] | |||
Disclosure of associates [Line Items] | |||
Current assets | 9,130,044 | 7,910,517 | |
Non-current assets | 465,333 | 298,438 | |
Current liabilities | 1,281,783 | 897,594 | |
Non-current liabilities | 6,284,587 | 5,531,968 | |
Revenue | 1,270,568 | 1,231,815 | |
Profit for the year | 250,484 | 154,521 | |
Other comprehensive income (loss) | 909 | (4,283) | |
Total comprehensive income | 251,393 | 150,238 | |
Korea IT fund [member] | |||
Disclosure of associates [Line Items] | |||
Current assets | 98,132 | 117,172 | 107,652 |
Non-current assets | 414,804 | 419,632 | 402,812 |
Revenue | 19,916 | 58,741 | 52,330 |
Profit for the year | 7,505 | 50,107 | 36,615 |
Other comprehensive income (loss) | (11,779) | (6,847) | 9,647 |
Total comprehensive income | (4,274) | 43,260 | 46,262 |
SK China Company Ltd. [member] | |||
Disclosure of associates [Line Items] | |||
Current assets | 1,223,426 | 1,124,219 | 380,413 |
Non-current assets | 2,050,001 | 1,849,102 | 1,706,634 |
Current liabilities | 76,654 | 53,199 | 51,025 |
Non-current liabilities | 276,525 | 316,470 | 308,606 |
Revenue | 62,334 | 80,241 | 107,791 |
Profit for the year | (11,681) | 933,475 | 20,369 |
Other comprehensive income (loss) | 58,034 | 326,661 | 42,921 |
Total comprehensive income | 46,353 | 1,260,136 | 63,290 |
SK South East Asia Investment Pte Ltd [member] | |||
Disclosure of associates [Line Items] | |||
Current assets | 146,589 | 133,110 | 797,045 |
Non-current assets | 3,034,335 | 2,853,184 | 1,672,412 |
Current liabilities | 488,132 | 412,962 | 67 |
Revenue | 72,658 | 9,945 | |
Profit for the year | (17,504) | (188,678) | (158,680) |
Other comprehensive income (loss) | (34,220) | 304,700 | (390,851) |
Total comprehensive income | ₩ (51,724) | ₩ 116,022 | ₩ (549,531) |
Investments in Associates and_7
Investments in Associates and Joint Ventures - Condensed Financial Information of Joint Ventures (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure of joint ventures [line items] | ||||
Current assets | ₩ 7,219,196 | ₩ 6,352,665 | ||
Cash and cash equivalents | 1,882,291 | 872,731 | ₩ 1,369,653 | ₩ 1,270,824 |
Non-current assets | 24,089,066 | 24,558,612 | ||
Current liabilities | 8,046,541 | 6,960,435 | ||
Non-current liabilities | 11,106,525 | 11,615,704 | ||
Revenue | 17,361,232 | 16,864,348 | 16,183,498 | |
Depreciation and amortization | (3,621,325) | (3,672,555) | (3,664,665) | |
Interest income | 179,838 | 155,133 | 140,685 | |
Interest expense | (328,307) | (342,342) | (399,176) | |
Profit (loss) for the year | 947,831 | 2,418,989 | 1,500,538 | |
Total comprehensive income (loss) | ₩ 641,605 | ₩ 3,781,181 | 1,962,360 | |
Dogus Planet, Inc. [member] | ||||
Disclosure of joint ventures [line items] | ||||
Current assets | 55,951 | |||
Cash and cash equivalents | 9,083 | |||
Non-current assets | 30,408 | |||
Current liabilities | 46,186 | |||
Accounts payable, other payables and provisions | 28,145 | |||
Non-current liabilities | 10,031 | |||
Revenue | 177,084 | |||
Depreciation and amortization | (4,642) | |||
Interest income | 1,878 | |||
Interest expense | (555) | |||
Profit (loss) for the year | 7,030 | |||
Total comprehensive income (loss) | (1,659) | |||
Finnq Co. Ltd. [member] | ||||
Disclosure of joint ventures [line items] | ||||
Current assets | 26,781 | |||
Cash and cash equivalents | 23,936 | |||
Non-current assets | 8,530 | |||
Current liabilities | 7,367 | |||
Accounts payable, other payables and provisions | 5,094 | |||
Non-current liabilities | 879 | |||
Revenue | 3,937 | |||
Depreciation and amortization | (4,417) | |||
Interest income | 29 | |||
Interest expense | (51) | |||
Profit (loss) for the year | (19,426) | |||
Total comprehensive income (loss) | ₩ (19,426) |
Investments in Associates and_8
Investments in Associates and Joint Ventures - Reconciliations of Financial Information of Significant Associates to Carrying Amounts of Investments in Associates in the Consolidated Financial Statements (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of associates [Line Items] | ||
Carrying amount | ₩ 1,883,579 | ₩ 2,188,096 |
HanaCard Co., Ltd. [member] | ||
Disclosure of associates [Line Items] | ||
Net assets | ₩ 2,029,007 | |
Ownership interests (%) | 15% | |
Net assets attributable to ownership interests | ₩ 304,351 | |
Cost-book value differentials | 45,515 | |
Carrying amount | 349,866 | |
Korea IT fund [member] | ||
Disclosure of associates [Line Items] | ||
Net assets | ₩ 512,936 | ₩ 536,804 |
Ownership interests (%) | 63.30% | 63.30% |
Net assets attributable to ownership interests | ₩ 324,860 | ₩ 339,976 |
Carrying amount | 324,860 | 339,976 |
SK China Company Ltd. [member] | ||
Disclosure of associates [Line Items] | ||
Net assets | ₩ 2,920,248 | ₩ 2,603,336 |
Ownership interests (%) | 27.30% | 27.30% |
Net assets attributable to ownership interests | ₩ 796,387 | ₩ 709,961 |
Cost-book value differentials | 83,140 | 83,793 |
Carrying amount | 879,527 | 793,754 |
SK South East Asia Investment Pte Ltd [member] | ||
Disclosure of associates [Line Items] | ||
Net assets | ₩ 1,787,685 | ₩ 1,743,908 |
Ownership interests (%) | 20% | 20% |
Net assets attributable to ownership interests | ₩ 357,537 | ₩ 348,782 |
Carrying amount | ₩ 357,537 | ₩ 348,782 |
Investments in Associates and_9
Investments in Associates and Joint Ventures - Details of the Changes in Investments in Associates and Joint Ventures Accounted for using the Equity Method (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Jul. 27, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | ₩ 2,197,351 | ₩ 14,354,113 | |
Acquisition and disposition | (362,625) | 340,237 | |
Share of profit (loss) | (39,479) | 1,823,252 | |
Other comprehensive income (loss) | 122,679 | 360,858 | |
Other increase (decrease) | (28,637) | (320,949) | |
Spin-off | (14,360,160) | ||
Ending balance | 1,889,289 | 2,197,351 | |
SK China Company Ltd. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 793,754 | 555,133 | |
Share of profit (loss) | (19,395) | 274,066 | |
Other comprehensive income (loss) | 105,168 | 95,696 | |
Other increase (decrease) | (131,141) | ||
Ending balance | 879,527 | 793,754 | |
Korea IT fund [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 339,976 | 323,294 | |
Share of profit (loss) | 4,753 | 31,734 | |
Other comprehensive income (loss) | (7,459) | (4,336) | |
Other increase (decrease) | (12,410) | (10,716) | |
Ending balance | 324,860 | 339,976 | |
KEB HanaCard Co., Ltd. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 349,866 | 314,930 | |
Share of profit (loss) | 35,057 | ||
Other comprehensive income (loss) | (121) | ||
Ending balance | 349,866 | ||
SK Telecom CS T1 Co Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 53,010 | ||
Acquisition and disposition | 4,888 | ||
Share of profit (loss) | (8,769) | ||
Other comprehensive income (loss) | (575) | ||
Spin-off | (48,554) | ||
NanoEnTek, Inc. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 43,190 | ||
Share of profit (loss) | 1,836 | ||
Other comprehensive income (loss) | (86) | ||
Spin-off | (44,940) | ||
UniSK [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 19,156 | 15,700 | |
Share of profit (loss) | 2,424 | 1,475 | |
Other comprehensive income (loss) | (741) | 1,981 | |
Ending balance | 20,839 | 19,156 | |
SK Technology Innovation Company [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 86,301 | 41,579 | |
Share of profit (loss) | (22,923) | 39,256 | |
Other comprehensive income (loss) | 5,997 | 5,466 | |
Ending balance | 69,375 | 86,301 | |
SK MENA Investment B.V. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 15,343 | 14,043 | |
Share of profit (loss) | (2,059) | 2 | |
Other comprehensive income (loss) | 1,012 | 1,298 | |
Ending balance | 14,296 | 15,343 | |
SK hynix Inc. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 12,251,861 | ||
Acquisition and disposition | 19,482 | ||
Share of profit (loss) | 1,542,757 | ||
Other comprehensive income (loss) | 197,473 | ||
Other increase (decrease) | (170,937) | ||
Spin-off | (13,840,636) | ||
SK Latin America Investment SA [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 14,004 | 13,930 | |
Share of profit (loss) | (2,083) | (49) | |
Other comprehensive income (loss) | 40 | 123 | |
Ending balance | 11,961 | 14,004 | |
Grab Geo Holdings PTE LTD [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 30,063 | ||
Spin-off | (30,063) | ||
Associates [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 2,188,096 | 14,312,641 | |
Acquisition and disposition | (362,785) | 298,998 | |
Share of profit (loss) | (35,572) | 1,837,595 | |
Other comprehensive income (loss) | 122,477 | 362,278 | |
Other increase (decrease) | (28,637) | (322,581) | |
Spin-off | (14,300,835) | ||
Ending balance | 1,883,579 | 2,188,096 | |
SK South East Asia Investment Pte Ltd [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 348,782 | 311,990 | |
Share of profit (loss) | (6,975) | (18,218) | |
Other comprehensive income (loss) | 15,730 | 55,010 | |
Ending balance | 357,537 | 348,782 | |
SM. Culture & Contents Co., Ltd [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 60,261 | 62,248 | |
Acquisition and disposition | 37 | 144 | |
Share of profit (loss) | (756) | (2,484) | |
Other comprehensive income (loss) | 69 | 353 | |
Ending balance | 59,611 | 60,261 | |
Pacific Telecom Inc [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 43,789 | 39,723 | |
Share of profit (loss) | 2,890 | 1,598 | |
Other comprehensive income (loss) | 1,863 | 2,468 | |
Ending balance | 48,542 | 43,789 | |
12CM JAPAN and others [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 68,966 | 64,485 | |
Acquisition and disposition | 1,873 | 7,023 | |
Share of profit (loss) | 1,245 | (3,226) | |
Other comprehensive income (loss) | 7,691 | ||
Other increase (decrease) | (2,350) | (1,624) | |
Spin-off | (5,383) | ||
Ending balance | 69,734 | 68,966 | |
Contents Wavve Co Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 75,803 | ||
Acquisition and disposition | 100,000 | ||
Share of profit (loss) | (20,716) | ||
Spin-off | (155,087) | ||
Hello Nature Ltd. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 11,969 | ||
Acquisition and disposition | 9,980 | ||
Share of profit (loss) | (10,899) | ||
Other comprehensive income (loss) | (1) | ||
Other increase (decrease) | (1,730) | ||
Spin-off | (9,319) | ||
Carrot General Insurance Co Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 13,469 | ||
Acquisition and disposition | 12,289 | ||
Share of profit (loss) | (6,666) | ||
Other comprehensive income (loss) | (358) | ||
Other increase (decrease) | (8,734) | ||
Spin-off | (10,000) | ||
Digital Games International Pte Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 2,208 | 6,449 | |
Acquisition and disposition | (1,757) | ||
Share of profit (loss) | (562) | (4,529) | |
Other comprehensive income (loss) | 111 | 288 | |
Ending balance | 2,208 | ||
Invites Healthcare Co Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 26,474 | 25,536 | |
Acquisition and disposition | 7,000 | ||
Share of profit (loss) | (11,759) | (5,968) | |
Other comprehensive income (loss) | (74) | (94) | |
Other increase (decrease) | (14,641) | ||
Ending balance | 26,474 | ||
Nam Incheon Broadcasting Co Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 12,525 | 10,902 | |
Share of profit (loss) | 1,186 | 1,759 | |
Other increase (decrease) | (136) | (136) | |
Ending balance | 13,575 | 12,525 | |
NANOXIMAGING Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 28,484 | ||
Acquisition and disposition | (47) | ||
Share of profit (loss) | (2,049) | ||
Other increase (decrease) | 2,437 | ||
Spin-off | (28,825) | ||
Home Choice Corp [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 3,052 | 3,585 | |
Share of profit (loss) | 1,403 | (533) | |
Other comprehensive income (loss) | 1 | ||
Ending balance | 4,456 | 3,052 | |
Bertis Inc [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Acquisition and disposition | 15,739 | ||
Share of profit (loss) | (423) | ||
Spin-off | (15,316) | ||
UT LLC [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Acquisition and disposition | 86,319 | ||
Share of profit (loss) | (7,773) | ||
Spin-off | (78,546) | ||
SPARKPLUS Co Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Acquisition and disposition | 34,166 | ||
Spin-off | (34,166) | ||
Hana Card Co Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 349,866 | ||
Acquisition and disposition | ₩ 330,032 | (368,389) | |
Share of profit (loss) | 17,749 | ||
Other comprehensive income (loss) | 774 | ||
Ending balance | 349,866 | ||
Konan Technology Inc [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 3,639 | 1,265 | |
Acquisition and disposition | 5,451 | 2,015 | |
Share of profit (loss) | (710) | 357 | |
Other comprehensive income (loss) | (14) | 2 | |
Ending balance | 8,366 | 3,639 | |
CMES Inc [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Other increase (decrease) | 900 | ||
Ending balance | 900 | ||
Dogus Planet, Inc. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 15,071 | ||
Share of profit (loss) | (6,990) | ||
Other comprehensive income (loss) | (1,447) | ||
Spin-off | (6,634) | ||
Finnq Co. Ltd. [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 7,255 | 13,342 | |
Acquisition and disposition | ₩ 5,733 | (3,840) | |
Share of profit (loss) | (3,617) | (5,969) | |
Other comprehensive income (loss) | 202 | (118) | |
Ending balance | 7,255 | ||
Joint ventures [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 9,255 | 41,472 | |
Acquisition and disposition | 160 | 41,239 | |
Share of profit (loss) | (3,907) | (14,343) | |
Other comprehensive income (loss) | 202 | (1,420) | |
Other increase (decrease) | 1,632 | ||
Spin-off | (59,325) | ||
Ending balance | 5,710 | 9,255 | |
Nextgen Broadcast Services Co LLC [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 5,850 | ||
Acquisition and disposition | 9,048 | ||
Share of profit (loss) | (1,276) | ||
Other increase (decrease) | 892 | ||
Spin-off | (14,514) | ||
Nextgen Orchestration LLC [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 1,600 | ||
Other increase (decrease) | 142 | ||
Spin-off | (1,742) | ||
Techmaker GMBH [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 5,609 | ||
Share of profit (loss) | (94) | ||
Other comprehensive income (loss) | 145 | ||
Spin-off | (5,660) | ||
Korea Content Platform [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Acquisition and disposition | 30,191 | ||
Share of profit (loss) | (14) | ||
Other increase (decrease) | 598 | ||
Spin-off | (30,775) | ||
UTC Kakao SK Telecom ESG Fund [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Beginning balance | 2,000 | ||
Acquisition and disposition | 4,000 | 2,000 | |
Share of profit (loss) | (290) | ||
Ending balance | ₩ 5,710 | ₩ 2,000 |
Investments in Associates an_10
Investments in Associates and Joint Ventures - Details of the Changes in Investments in Associates and Joint Ventures Accounted for using the Equity Method (Parenthetical) (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of investments in associates and joint ventures [Line Items] | |||
Impairment losses for financial assets | ₩ 30,064 | ₩ 37,547 | ₩ 59,184 |
Financial assets measured at fair value | 1,189,597 | 1,510,428 | |
Other increase (decrease) | (28,637) | (320,949) | |
Spin-off | (14,360,160) | ||
KDX Korea Data Exchange [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Disposal value of investments | 334 | ||
Walden SKT Venture Fund [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Cash investments | 687 | ||
Carrot General Insurance Co Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Other increase (decrease) | (8,734) | ||
Spin-off | (10,000) | ||
Studio Yesone [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Cash investments | 1,000 | ||
Sonnori Corp [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Cash investments | 1,000 | ||
SMART SKT Infinitum Game Fund [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Cash investments | 2,000 | 3,000 | |
Laguna Dynamic Game And Content Fund [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Cash investments | 1,600 | ||
Invites Healthcare Co Ltd [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Impairment losses for financial assets | 14,641 | ||
Other increase (decrease) | (14,641) | ||
KB ESG Fund [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Cash investments | 4,000 | ||
Sk Venture Capital Llc [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Cash investments | 12 | ||
Daekyo Wipoongdangdang Contents Korea Fund [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Disposal value of investments | 1,080 | ||
CMES Inc [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Financial assets measured at fair value | 900 | ||
Other increase (decrease) | 900 | ||
Startup Win Win Fund [Member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Disposal value of investments | 4,850 | ||
Dividend received from associates deducted from the carrying amount | ₩ 1,290 | ||
Hello Nature Ltd [member] | |||
Disclosure of investments in associates and joint ventures [Line Items] | |||
Impairment losses for financial assets | ₩ 1,730 |
Investments in Associates an_11
Investments in Associates and Joint Ventures - Details of Cumulative Unrecognized Equity Method Losses (Detail) ₩ in Millions | 12 Months Ended |
Dec. 31, 2022 KRW (₩) | |
Disclosure of associates [Line Items] | |
Unrecognized loss (profit) | ₩ 152 |
Unrecognized loss (profit), cumulative loss | 14,475 |
Unrecognized change in equity, cumulative loss | (124) |
Wave City Development Co., Ltd. [member] | |
Disclosure of associates [Line Items] | |
Unrecognized loss (profit) | 152 |
Unrecognized loss (profit), cumulative loss | 8,695 |
Daehan Kanggun BcN Co., Ltd. and others [member] | |
Disclosure of associates [Line Items] | |
Unrecognized loss (profit), cumulative loss | 5,780 |
Unrecognized change in equity, cumulative loss | ₩ (124) |
Property and Equipment - Summar
Property and Equipment - Summary of Property and Equipment (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | ₩ 13,322,492 | ₩ 12,871,259 | ₩ 13,377,077 |
Gross amount [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 46,175,011 | 44,074,194 | |
Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | (32,844,487) | (31,197,650) | |
Accumulated impairment loss [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | (8,032) | (5,285) | |
Land [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 1,005,857 | 972,800 | 1,039,323 |
Land [member] | Gross amount [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 1,005,857 | 972,800 | |
Buildings and structures [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 785,225 | 794,453 | 858,606 |
Buildings and structures [member] | Gross amount [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 1,736,257 | 1,692,239 | |
Buildings and structures [member] | Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | (950,582) | (897,336) | |
Buildings and structures [member] | Accumulated impairment loss [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | (450) | (450) | |
Structures [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 265,656 | 291,279 | 317,403 |
Structures [member] | Gross amount [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 935,276 | 922,637 | |
Structures [member] | Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | (668,019) | (629,757) | |
Structures [member] | Accumulated impairment loss [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | (1,601) | (1,601) | |
Machinery [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 7,912,900 | 7,997,927 | 8,376,212 |
Machinery [member] | Gross amount [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 37,100,715 | 35,770,485 | |
Machinery [member] | Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | (29,185,881) | (27,771,040) | |
Machinery [member] | Accumulated impairment loss [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | (1,934) | (1,518) | |
Other property and equipment [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 497,394 | 487,716 | 653,616 |
Other property and equipment [member] | Gross amount [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 1,771,890 | 1,718,337 | |
Other property and equipment [member] | Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | (1,273,655) | (1,230,128) | |
Other property and equipment [member] | Accumulated impairment loss [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | (841) | (493) | |
Rights-of-use assets [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 1,786,129 | 1,559,333 | |
Rights-of-use assets [member] | Gross amount [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 2,555,685 | 2,229,945 | |
Rights-of-use assets [member] | Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | (766,350) | (669,389) | |
Rights-of-use assets [member] | Accumulated impairment loss [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | (3,206) | (1,223) | |
Construction in progress [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | 1,069,331 | 767,751 | ₩ 659,882 |
Construction in progress [member] | Gross amount [member] | |||
Disclosure of detailed information about property, plant and equipment [line items] | |||
Property and equipment | ₩ 1,069,331 | ₩ 767,751 |
Property and Equipment - Change
Property and Equipment - Changes in Property and Equipment (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of detailed information about property, plant and equipment [line items] | ||
Beginning balance | ₩ 12,871,259 | ₩ 13,377,077 |
Acquisition | 3,629,986 | 3,798,576 |
Disposal | (119,039) | (145,380) |
Transfer | (188,263) | (265,978) |
Depreciation | (2,894,646) | (3,103,087) |
Impairment | (3,943) | (2,772) |
Business Combination | 27,138 | 1,339 |
Spin-off | 2,186,719 | |
Ending balance | 13,322,492 | 12,871,259 |
Parent Company [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Spin-off | (788,516) | |
Land [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Beginning balance | 972,800 | 1,039,323 |
Acquisition | 79 | 634 |
Disposal | (175) | (21,557) |
Transfer | 30,364 | 24,789 |
Impairment | 0 | |
Business Combination | 2,789 | |
Spin-off | (70,389) | |
Ending balance | 1,005,857 | 972,800 |
Buildings | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Beginning balance | 794,453 | 858,606 |
Acquisition | 1,071 | 3,919 |
Disposal | (638) | (9,706) |
Transfer | 36,219 | 47,612 |
Depreciation | (54,463) | (55,818) |
Impairment | 0 | |
Business Combination | 8,583 | 639 |
Spin-off | (50,799) | |
Ending balance | 785,225 | 794,453 |
Structures [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Beginning balance | 291,279 | 317,403 |
Acquisition | 2,288 | 2,482 |
Disposal | (32) | (6,124) |
Transfer | 10,422 | 16,546 |
Depreciation | (38,301) | (37,968) |
Business Combination | 0 | |
Spin-off | (1,060) | |
Ending balance | 265,656 | 291,279 |
Machinery [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Beginning balance | 7,997,927 | 8,376,212 |
Acquisition | 560,889 | 593,225 |
Disposal | (49,586) | (44,477) |
Transfer | 1,696,447 | 1,816,003 |
Depreciation | (2,292,358) | (2,394,351) |
Impairment | (419) | (1,054) |
Business Combination | 0 | |
Spin-off | (347,631) | |
Ending balance | 7,912,900 | 7,997,927 |
Other | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Beginning balance | 487,716 | 653,616 |
Acquisition | 780,382 | 830,277 |
Disposal | (938) | (2,286) |
Transfer | (672,199) | (607,271) |
Depreciation | (105,730) | (180,980) |
Impairment | (391) | (495) |
Business Combination | 8,554 | 193 |
Spin-off | (205,338) | |
Ending balance | 497,394 | 487,716 |
Right-of-use assets [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Beginning balance | 1,559,333 | 1,472,035 |
Acquisition | 720,932 | 672,723 |
Disposal | (65,961) | (60,159) |
Transfer | (27,579) | (9,610) |
Depreciation | (403,794) | (433,970) |
Impairment | (3,133) | (1,223) |
Business Combination | 6,331 | 507 |
Spin-off | (80,970) | |
Ending balance | 1,786,129 | 1,559,333 |
Construction in progress [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Beginning balance | 767,751 | 659,882 |
Acquisition | 1,564,345 | 1,695,316 |
Disposal | (1,709) | (1,071) |
Transfer | (1,261,937) | (1,554,047) |
Impairment | 0 | |
Business Combination | 881 | |
Spin-off | (32,329) | |
Ending balance | ₩ 1,069,331 | ₩ 767,751 |
Investment Property - Disclosur
Investment Property - Disclosure of Detailed Information About Investment Property Explanatory (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of detailed information about investment property [line items] | ||
Investment Property | ₩ 25,137 | ₩ 23,034 |
Beginning balance | 23,034 | |
Transfer | 4,732 | 23,034 |
Depreciation | (2,629) | |
Ending balance | 25,137 | 23,034 |
Acquisition Cost [Member] | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | 44,662 | 39,669 |
Beginning balance | 39,669 | |
Ending balance | 44,662 | 39,669 |
Accumulated depreciation and amortization [member] | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | (19,525) | (16,635) |
Beginning balance | (16,635) | |
Ending balance | (19,525) | (16,635) |
Gross Carrying Amount | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | 25,137 | 23,034 |
Beginning balance | 23,034 | |
Ending balance | 25,137 | 23,034 |
Land [member] | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | 6,115 | 6,071 |
Beginning balance | 6,071 | |
Transfer | 44 | 6,071 |
Ending balance | 6,115 | 6,071 |
Land [member] | Acquisition Cost [Member] | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | 6,115 | 6,071 |
Beginning balance | 6,071 | |
Ending balance | 6,115 | 6,071 |
Land [member] | Gross Carrying Amount | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | 6,115 | 6,071 |
Beginning balance | 6,071 | |
Ending balance | 6,115 | 6,071 |
Buildings | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | 6,884 | 7,353 |
Beginning balance | 7,353 | |
Transfer | 564 | 7,353 |
Depreciation | (1,033) | |
Ending balance | 6,884 | 7,353 |
Buildings | Acquisition Cost [Member] | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | 21,490 | 21,021 |
Beginning balance | 21,021 | |
Ending balance | 21,490 | 21,021 |
Buildings | Accumulated depreciation and amortization [member] | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | (14,606) | (13,668) |
Beginning balance | (13,668) | |
Ending balance | (14,606) | (13,668) |
Buildings | Gross Carrying Amount | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | 6,884 | 7,353 |
Beginning balance | 7,353 | |
Ending balance | 6,884 | 7,353 |
Right Of use Asset Member | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | 12,138 | 9,610 |
Beginning balance | 9,610 | |
Transfer | 4,124 | 9,610 |
Depreciation | (1,596) | |
Ending balance | 12,138 | 9,610 |
Right Of use Asset Member | Acquisition Cost [Member] | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | 17,057 | 12,577 |
Beginning balance | 12,577 | |
Ending balance | 17,057 | 12,577 |
Right Of use Asset Member | Accumulated depreciation and amortization [member] | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | (4,919) | (2,967) |
Beginning balance | (2,967) | |
Ending balance | (4,919) | (2,967) |
Right Of use Asset Member | Gross Carrying Amount | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | 12,138 | 9,610 |
Beginning balance | 9,610 | |
Ending balance | ₩ 12,138 | ₩ 9,610 |
Investment Property - Additiona
Investment Property - Additional Information (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of detailed information about investment property [line items] | ||
Rental income from investment property | ₩ 5,222 | ₩ 5,036 |
Investment Property | 25,137 | 23,034 |
At Fair Value Member | ||
Disclosure of detailed information about investment property [line items] | ||
Investment Property | ₩ 73,934 | ₩ 66,128 |
Lease - Summary of right of use
Lease - Summary of right of use assets (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of quantitative information about right-of-use assets [line items] | ||
Right-of-use assets | ₩ 1,786,129 | ₩ 1,559,333 |
Land buildings and structures [member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Right-of-use assets | 1,546,918 | 1,392,925 |
Other assets [member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Right-of-use assets | ₩ 239,211 | ₩ 166,408 |
Lease - Summary of amounts reco
Lease - Summary of amounts recognized in the condensed consolidated interim statements of income of leases (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Depreciation Right Of Use Assets [Abstract] | |||
Depreciation, right-of-use assets | ₩ 403,794 | ₩ 433,970 | ₩ 436,231 |
Interest expense on lease liabilities | 29,996 | 23,998 | 22,976 |
Land Buildings And Structures [Member] | |||
Depreciation Right Of Use Assets [Abstract] | |||
Depreciation, right-of-use assets | 346,499 | 338,304 | 347,166 |
Other assets [member] | |||
Depreciation Right Of Use Assets [Abstract] | |||
Depreciation, right-of-use assets | ₩ 57,295 | ₩ 95,666 | ₩ 89,065 |
Lease - Summary of maturity ana
Lease - Summary of maturity analysis for finance lease receivables (Detail) ₩ in Millions | Dec. 31, 2022 KRW (₩) |
Disclosure of maturity analysis of finance lease payments receivable [line items] | |
Undiscounted lease payments | ₩ 17,588 |
Unrealized finance income | 449 |
Net investment in the lease | 17,139 |
Less than 1 year | |
Disclosure of maturity analysis of finance lease payments receivable [line items] | |
Undiscounted lease payments | 11,079 |
1 year ~ 2 year | |
Disclosure of maturity analysis of finance lease payments receivable [line items] | |
Undiscounted lease payments | 3,707 |
2 year ~ 3 year | |
Disclosure of maturity analysis of finance lease payments receivable [line items] | |
Undiscounted lease payments | 2,062 |
3 year ~ 4 years | |
Disclosure of maturity analysis of finance lease payments receivable [line items] | |
Undiscounted lease payments | 509 |
4 year ~ 5 year | |
Disclosure of maturity analysis of finance lease payments receivable [line items] | |
Undiscounted lease payments | ₩ 231 |
Lease - Summary of maturity a_2
Lease - Summary of maturity analysis of operating lease payments (Detail) ₩ in Millions | Dec. 31, 2022 KRW (₩) |
Disclosure of maturity analysis of operating lease payments [line items] | |
Undiscounted operating lease payments to be received | ₩ 447,434 |
Less than 1 year | |
Disclosure of maturity analysis of operating lease payments [line items] | |
Undiscounted operating lease payments to be received | 239,174 |
1 year ~ 2 year | |
Disclosure of maturity analysis of operating lease payments [line items] | |
Undiscounted operating lease payments to be received | 132,802 |
2 year ~ 3 year | |
Disclosure of maturity analysis of operating lease payments [line items] | |
Undiscounted operating lease payments to be received | 60,808 |
3 year ~ 4 years | |
Disclosure of maturity analysis of operating lease payments [line items] | |
Undiscounted operating lease payments to be received | 9,424 |
4 year ~ 5 year | |
Disclosure of maturity analysis of operating lease payments [line items] | |
Undiscounted operating lease payments to be received | 3,520 |
More than 5 year | |
Disclosure of maturity analysis of operating lease payments [line items] | |
Undiscounted operating lease payments to be received | ₩ 1,706 |
Lease - Additional Information
Lease - Additional Information (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of quantitative information about leases for lessee [abstract] | |||
Cash outflows due to lease payments | ₩ 449,196 | ₩ 484,879 | ₩ 459,132 |
Operating lease income | 246,279 | 230,140 | 238,545 |
Variable lease payment received | 8,622 | 17,686 | 21,715 |
Interest income on lease receivables | ₩ 910 | ₩ 2,053 | ₩ 2,223 |
Goodwill - Summary of Goodwill
Goodwill - Summary of Goodwill (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Apr. 30, 2020 |
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill | ₩ 2,075,009 | ₩ 2,072,493 | ₩ 3,357,524 | |
Shinsegi Telecom, Inc. [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill | 1,306,236 | 1,306,236 | ||
SK Broadband Co., Ltd. [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill | 764,082 | 764,082 | ₩ 405,639 | |
Other acquisitions [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill | ₩ 4,691 | ₩ 2,175 |
Goodwill - Additional Informati
Goodwill - Additional Information (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Accumulated impairment [member] | ||
Disclosure of reconciliation of changes in goodwill [line items] | ||
Impairment loss | ₩ 33,441 | ₩ 33,441 |
Shinsegi Telecom, Inc. [member] | ||
Disclosure of reconciliation of changes in goodwill [line items] | ||
Annual discount rate | 6.70% | 6.60% |
Annual growth rate | 0% | 0.50% |
PreTax annual discount rate | 9% | 9% |
SK Broadband Co., Ltd. [member] | ||
Disclosure of reconciliation of changes in goodwill [line items] | ||
Annual discount rate | 6.70% | 7.10% |
Annual growth rate | 1% | 1% |
PreTax annual discount rate | 8.50% | 9.20% |
Goodwill - Details of the Chang
Goodwill - Details of the Changes in Goodwill (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of reconciliation of changes in goodwill [abstract] | ||
Beginning balance | ₩ 2,072,493 | ₩ 3,357,524 |
Acquisition | 2,516 | 111,928 |
Other | 0 | (43) |
Spin-off | 0 | (1,396,916) |
Ending balance | ₩ 2,075,009 | ₩ 2,072,493 |
Intangible Assets - Summary of
Intangible Assets - Summary of Intangible Assets (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | ₩ 3,324,910 | ₩ 3,869,769 | ₩ 4,436,194 |
Gross amount [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 9,342,394 | 12,521,692 | |
Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | (5,788,170) | (8,434,681) | |
Accumulated impairment [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | (229,314) | (217,242) | |
Frequency usage rights [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 2,082,432 | 2,559,689 | 1,932,765 |
Frequency usage rights [member] | Gross amount [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 3,767,590 | 7,221,735 | |
Frequency usage rights [member] | Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | (1,499,158) | (4,476,046) | |
Frequency usage rights [member] | Accumulated impairment [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | (186,000) | (186,000) | |
Land usage rights [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 1,224 | 2,732 | 4,720 |
Land usage rights [member] | Gross amount [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 59,389 | 48,318 | |
Land usage rights [member] | Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | (58,165) | (45,586) | |
Industrial rights [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 51,792 | 55,954 | 71,442 |
Industrial rights [member] | Gross amount [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 94,238 | 92,332 | |
Industrial rights [member] | Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | (30,068) | (36,342) | |
Industrial rights [member] | Accumulated impairment [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | (12,378) | (36) | |
Development costs [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 284 | 200 | 9,364 |
Development costs [member] | Gross amount [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 14,497 | 34,393 | |
Development costs [member] | Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | (14,213) | (34,193) | |
Development costs [member] | Accumulated impairment [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 0 | 0 | |
Facility usage rights [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 14,997 | 17,874 | 21,880 |
Facility usage rights [member] | Gross amount [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 157,651 | 156,062 | |
Facility usage rights [member] | Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | (142,654) | (138,188) | |
Customer relations [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 300,181 | 327,257 | 919,863 |
Customer relations [member] | Gross amount [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 505,063 | 507,581 | |
Customer relations [member] | Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | (204,882) | (180,324) | |
Club memberships [Member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 91,971 | 88,494 | 106,865 |
Club memberships [Member] | Gross amount [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 116,401 | 113,300 | |
Club memberships [Member] | Accumulated impairment [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | (24,430) | (24,806) | |
Other [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 782,029 | 817,569 | ₩ 995,199 |
Other [member] | Gross amount [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | 4,627,565 | 4,347,971 | |
Other [member] | Accumulated depreciation and amortization [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | (3,839,030) | (3,524,002) | |
Other [member] | Accumulated impairment [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Intangible assets | ₩ (6,506) | ₩ (6,400) |
Intangible Assets - Summary o_2
Intangible Assets - Summary of Intangible Assets (Parenthetical) (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of detailed information about intangible assets [line items] | ||
Impairment loss recognised in profit or loss, intangible assets other than goodwill | ₩ (13,084) | ₩ (147) |
Broadcasting rights [member] | Frequency Usage Rights For 800 MHzB [Member] | ||
Disclosure of detailed information about intangible assets [line items] | ||
Impairment loss recognised in profit or loss, intangible assets other than goodwill | 227,200 | |
Broadcasting rights [member] | Frequency Usage Rights For 1.8 GHz [Member] | ||
Disclosure of detailed information about intangible assets [line items] | ||
Impairment loss recognised in profit or loss, intangible assets other than goodwill | 547,800 | |
Broadcasting rights [member] | Frequency Usage Rights For 2.1 GHz [Member] | ||
Disclosure of detailed information about intangible assets [line items] | ||
Impairment loss recognised in profit or loss, intangible assets other than goodwill | ₩ 411,700 |
Intangible Assets - Details of
Intangible Assets - Details of the Changes in Intangible Assets (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of detailed information about intangible assets [line items] | ||
Beginning balance | ₩ 3,869,769 | ₩ 4,436,194 |
Acquisition | 132,894 | 1,246,386 |
Disposal | (8,318) | (15,221) |
Transfer | 189,224 | 277,608 |
Amortization | (858,037) | (1,011,307) |
Reversal (Impairment) | 506 | |
Impairment | (13,084) | (147) |
Business combination | 12,462 | 9,764 |
Spin-off | (1,074,161) | |
Ending balance | 3,324,910 | 3,869,769 |
Frequency usage rights [member] | ||
Disclosure of detailed information about intangible assets [line items] | ||
Beginning balance | 2,559,689 | 1,932,765 |
Acquisition | 1,145,999 | |
Amortization | (477,257) | (519,075) |
Ending balance | 2,082,432 | 2,559,689 |
Land usage rights [member] | ||
Disclosure of detailed information about intangible assets [line items] | ||
Beginning balance | 2,732 | 4,720 |
Acquisition | 175 | |
Disposal | (76) | |
Amortization | (1,508) | (2,087) |
Ending balance | 1,224 | 2,732 |
Industrial rights [member] | ||
Disclosure of detailed information about intangible assets [line items] | ||
Beginning balance | 55,954 | 71,442 |
Acquisition | 13,428 | 5,158 |
Disposal | (823) | (8) |
Transfer | (103) | 390 |
Amortization | (4,324) | (6,377) |
Reversal (Impairment) | (36) | |
Impairment | (12,343) | |
Business combination | 3 | |
Spin-off | (14,615) | |
Ending balance | 51,792 | 55,954 |
Development costs [member] | ||
Disclosure of detailed information about intangible assets [line items] | ||
Beginning balance | 200 | 9,364 |
Acquisition | 1,279 | |
Disposal | (150) | |
Amortization | (573) | (3,210) |
Business combination | 657 | |
Spin-off | (7,083) | |
Ending balance | 284 | 200 |
Facility usage rights [member] | ||
Disclosure of detailed information about intangible assets [line items] | ||
Beginning balance | 17,874 | 21,880 |
Acquisition | 1,396 | 1,690 |
Disposal | (2) | (21) |
Transfer | 252 | 328 |
Amortization | (4,523) | (6,003) |
Spin-off | 0 | |
Ending balance | 14,997 | 17,874 |
Customer relations [member] | ||
Disclosure of detailed information about intangible assets [line items] | ||
Beginning balance | 327,257 | 919,863 |
Acquisition | 4,854 | |
Disposal | (461) | |
Amortization | (27,076) | (53,342) |
Business combination | 4,705 | |
Spin-off | (548,362) | |
Ending balance | 300,181 | 327,257 |
Club memberships [Member] | ||
Disclosure of detailed information about intangible assets [line items] | ||
Beginning balance | 88,494 | 106,865 |
Acquisition | 9,926 | 6,518 |
Disposal | (7,113) | (9,925) |
Reversal (Impairment) | 653 | |
Impairment | (725) | |
Business combination | 1,389 | |
Spin-off | (15,617) | |
Ending balance | 91,971 | 88,494 |
Brands [member] | ||
Disclosure of detailed information about intangible assets [line items] | ||
Beginning balance | 374,096 | |
Spin-off | (374,096) | |
Other [member] | ||
Disclosure of detailed information about intangible assets [line items] | ||
Beginning balance | 817,569 | 995,199 |
Acquisition | 108,144 | 80,713 |
Disposal | (380) | (4,580) |
Transfer | 189,075 | 276,890 |
Amortization | (342,776) | (421,213) |
Reversal (Impairment) | (111) | |
Impairment | (16) | |
Business combination | 10,413 | 5,059 |
Spin-off | (114,388) | |
Ending balance | ₩ 782,029 | ₩ 817,569 |
Intangible Assets - Details o_2
Intangible Assets - Details of the Changes in Intangible Assets (Parenthetical) (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of detailed information about intangible assets [line items] | ||
Impairment loss | ₩ 13,084 | ₩ 147 |
Reversal of impairment loss | ₩ 653 |
Intangible Assets - Research an
Intangible Assets - Research and Development Expenditures Recognized as Expense (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of detailed information about intangible assets [abstract] | |||
Research and development costs expensed as incurred | ₩ 340,864 | ₩ 406,672 | ₩ 416,445 |
Intangible Assets - Carrying Am
Intangible Assets - Carrying Amount and Residual Useful Lives of Frequency Usage Rights (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of detailed information about intangible assets [line items] | |||
Amount | ₩ 3,324,910 | ₩ 3,869,769 | ₩ 4,436,194 |
Frequency usage rights [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Amount | ₩ 2,082,432 | ||
800MHz license [Member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Completion of amortization | 2026-06 | ||
800MHz license [Member] | Frequency usage rights [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Amount | ₩ 153,704 | ||
Description | LTE service | ||
Commencement of amortization | 2021-07 | ||
1.8GHz license [Member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Completion of amortization | 2026-12 | ||
1.8GHz license [Member] | Frequency usage rights [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Amount | ₩ 414,317 | ||
Description | LTE service | ||
Commencement of amortization | 2021-12 | ||
2.6GHz license [Member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Completion of amortization | 2026-12 | ||
2.6GHz license [Member] | Frequency usage rights [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Amount | ₩ 485,670 | ||
Description | LTE service | ||
Commencement of amortization | 2016-09 | ||
2.1GHz license [Member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Completion of amortization | 2026-12 | ||
2.1GHz license [Member] | Frequency usage rights [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Amount | ₩ 311,381 | ||
Description | W-CDMA and LTE service | ||
Commencement of amortization | 2021-12 | ||
3.5GHz license [Member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Completion of amortization | 2028-11 | ||
3.5GHz license [Member] | Frequency usage rights [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Amount | ₩ 712,594 | ||
Description | 5G service | ||
Commencement of amortization | 2019-04 | ||
28GHz license [Member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Completion of amortization | 2023-05 | ||
28GHz license [Member] | Frequency usage rights [member] | |||
Disclosure of detailed information about intangible assets [line items] | |||
Amount | ₩ 4,766 | ||
Description | 5G service | ||
Commencement of amortization | 2021-01 |
Borrowings and Debentures - Sho
Borrowings and Debentures - Short-term Borrowings (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of detailed information about borrowings [line items] | ||
Short-term borrowings | ₩ 142,998 | ₩ 12,998 |
4.60% Short Term Borrowings From BNK Securities Co LTD [Member] | ||
Disclosure of detailed information about borrowings [line items] | ||
Annual interest rate | 4.60% | |
Short-term borrowings | ₩ 100,000 | 0 |
Maturity | Jan. 20, 2023 | |
6.62% Short Term Borrowings From KEB Hana Bank [Member] | ||
Disclosure of detailed information about borrowings [line items] | ||
Annual interest rate | 6.62% | |
Short-term borrowings | ₩ 30,000 | 0 |
Maturity | Oct. 31, 2023 | |
6.30% Short Term Borrowings From Hana Financial Investment Co LTD [Member] | ||
Disclosure of detailed information about borrowings [line items] | ||
Annual interest rate | 6.30% | |
Short-term borrowings | ₩ 4,642 | 4,642 |
Maturity | May. 29, 2023 | |
6.30% Short Term Borrowings From DB Financial Investment Co LTD [Member] | ||
Disclosure of detailed information about borrowings [line items] | ||
Annual interest rate | 6.30% | |
Short-term borrowings | ₩ 2,785 | 2,785 |
Maturity | May. 29, 2023 | |
6.20% Short Term Borrowings From Shinhan Financial Investment Co LTD [Member] | ||
Disclosure of detailed information about borrowings [line items] | ||
Annual interest rate | 6.20% | |
Short-term borrowings | ₩ 5,571 | ₩ 5,571 |
Maturity | Feb. 20, 2023 |
Borrowings and Debentures - S_2
Borrowings and Debentures - Short-term Borrowings (Parenthetical) (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of detailed information about borrowings [line items] | ||
Short-term borrowings | ₩ 142,998 | ₩ 12,998 |
Panasia Semiconductor Materials LLC [Member] | ||
Disclosure of detailed information about borrowings [line items] | ||
Equity instruments at fair value through profit or loss pledged as security for short term loans | 21,981 | |
Short-term borrowings | ₩ 12,998 |
Borrowings and Debentures - Lon
Borrowings and Debentures - Long-term Borrowings (Detail) ₩ in Millions | 12 Months Ended | |||
Dec. 31, 2022 KRW (₩) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 KRW (₩) | Dec. 31, 2021 USD ($) | |
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | ₩ 793,112 | ₩ 394,187 | ||
Less: current portions | (124,987) | (41,065) | ||
Long-term borrowings, excluding current installments | ₩ 668,125 | ₩ 353,122 | ||
Credit Agricole CIB [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Annual interest rate (%) | 4.89% | 4.89% | ||
Korea Development Bank Long Term Borrowings 3M CD+0.71 Due Dec. 21, 2022 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | Dec. 21, 2022 | |||
Korea Development Bank Long Term Borrowings With 1.87 Due Feb. 10, 2026 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | Feb. 10, 2026 | |||
Korea Development Bank Long Term Borrowings Due 3M CD+0.82 Due Dec. 14, 2023 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | Dec. 14, 2023 | |||
Export Kreditnamnden long-term borrowings with 1.70% interest due April 29, 2022 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Annual interest rate (%) | 1.70% | 1.70% | ||
Maturity | Apr. 29, 2022 | |||
Credit Agricole CIB [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Annual interest rate (%) | 3.98% | 3.98% | 1.29% | 1.29% |
Maturity | Nov. 28, 2025 | |||
Nonghyup Bank Long Term Borrowings With Interest Rate MOR Plus One Point Nine Six Percentage Due Seventeenth November Two Thousand And Twenty Four [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Annual interest rate (%) | 4.35% | 4.35% | ||
Maturity | Nov. 17, 2024 | |||
Borrowings, interest rate basis | MOR + 1.96 | |||
Mizhuo Bank Long Term Borrowings With 1.35% Due May 20, 2024 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Annual interest rate (%) | 1.35% | 1.35% | ||
Maturity | May. 20, 2024 | |||
DBS Bank Limited Long Term Borrowings With 1.32% Due May 28, 2024 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Annual interest rate (%) | 1.32% | 1.32% | ||
Maturity | May. 28, 2024 | |||
DBS Bank Limited Long Term Borrowings With 2.68% Due March 10, 2025 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Annual interest rate (%) | 2.68% | 2.68% | ||
Maturity | Mar. 10, 2025 | |||
Credit Agricole CIB With 3.30% Due April. 29, 2024 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Annual interest rate (%) | 3.30% | 3.30% | ||
Maturity | Apr. 29, 2024 | |||
Mizhuo Bank Long Term Borrowings With 3.29% Due Nov. 27, 2023 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Annual interest rate (%) | 3.29% | 3.29% | ||
Maturity | Nov. 27, 2023 | |||
Gross amount [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | $ | $ 793,125 | $ 394,246 | ||
Gross amount [member] | Korea Development Bank Long Term Borrowings 3M CD+0.71 Due Dec. 21, 2022 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | ₩ 0 | ₩ 12,500 | ||
Borrowings, interest rate basis | 3M CD + 0.71 | |||
Gross amount [member] | Korea Development Bank Long Term Borrowings With 1.87 Due Feb. 10, 2026 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | ₩ 40,625 | 50,000 | ||
Borrowings, interest rate basis | 1.87 | |||
Gross amount [member] | Korea Development Bank Long Term Borrowings Due 3M CD+0.82 Due Dec. 14, 2023 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | ₩ 12,500 | 25,000 | ||
Borrowings, interest rate basis | 3M CD + 0.82 | |||
Gross amount [member] | Export Kreditnamnden long-term borrowings with 1.70% interest due April 29, 2022 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | ₩ 0 | 6,746 | $ 5,690,000,000 | |
Gross amount [member] | Credit Agricole CIB [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | 50,000 | |||
Gross amount [member] | Nonghyup Bank Long Term Borrowings With Interest Rate MOR Plus One Point Nine Six Percentage Due Seventeenth November Two Thousand And Twenty Four [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | 40,000 | |||
Gross amount [member] | Mizhuo Bank Long Term Borrowings With 1.35% Due May 20, 2024 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | 100,000 | 100,000 | ||
Gross amount [member] | DBS Bank Limited Long Term Borrowings With 1.32% Due May 28, 2024 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | 200,000 | 200,000 | ||
Gross amount [member] | DBS Bank Limited Long Term Borrowings With 2.68% Due March 10, 2025 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | 200,000 | |||
Gross amount [member] | Credit Agricole CIB With 3.30% Due April. 29, 2024 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | 50,000 | |||
Gross amount [member] | Mizhuo Bank Long Term Borrowings With 3.29% Due Nov. 27, 2023 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | 100,000 | |||
Present value discount [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Long-term borrowings | ₩ 13 | ₩ 59 |
Borrowings and Debentures - L_2
Borrowings and Debentures - Long-term Borrowings (Parenthetical) (Detail) | Dec. 31, 2022 | Dec. 31, 2021 |
Credit agricole CIB [member] | ||
Disclosure of detailed information about borrowings [line items] | ||
Borrowings, interest rate | 3.98% | 1.29% |
Nonghyup Bank Long Term Borrowings With Interest Rate MOR Plus One Point Nine Six Percentage Due Seventeenth November Two Thousand And Twenty Four [Member] | ||
Disclosure of detailed information about borrowings [line items] | ||
Borrowings, interest rate | 4.35% | |
Nonghyup Bank Long Term Borrowings With Interest Rate MOR Plus One Point Nine Six Percentage Due Seventeenth November Two Thousand And Twenty Four [Member] | Six Months MOR Interest Rate [Member] | Floating interest rate [member] | ||
Disclosure of detailed information about borrowings [line items] | ||
Borrowings adjustment to interest rate | 1.96% | |
Korea Development Bank Long Term Borrowings 3M CD Plus 0.82 Due Dec 14, 2023 [Member] | ||
Disclosure of detailed information about borrowings [line items] | ||
Borrowings, interest rate | 3.98% | 1.29% |
Korea Development Bank Long Term Borrowings 3M CD Plus 0.71 Due Dec 21, 2022 [Member] | ||
Disclosure of detailed information about borrowings [line items] | ||
Borrowings, interest rate | 3.98% | 1.29% |
Borrowings and Debentures - Deb
Borrowings and Debentures - Debentures (Detail) $ in Thousands, ₩ in Millions | 12 Months Ended | |||
Dec. 31, 2022 KRW (₩) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 KRW (₩) | Dec. 31, 2021 USD ($) | |
Disclosure of detailed information about borrowings [line items] | ||||
Debentures | ₩ 8,366,694 | ₩ 8,426,683 | ||
Less current installments of bonds | (1,842,599) | (1,389,259) | ||
Debentures, excluding current installments, net | 6,524,095 | 7,037,424 | ||
Gross amount [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Debentures | ₩ 8,385,950 | 8,448,250 | ||
Gross amount [member] | Unsecured private bonds with 3.30% interest due 2022 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2022 | |||
Annual interest rate (%) | 3.30% | 3.30% | ||
Debentures | ₩ 0 | 140,000 | ||
Gross amount [member] | Unsecured private bonds with 3.45% interest due 2032 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2032 | |||
Annual interest rate (%) | 3.45% | 3.45% | ||
Debentures | ₩ 90,000 | 90,000 | ||
Gross amount [member] | Unsecured private bonds with 3.03% interest due 2023 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2023 | |||
Annual interest rate (%) | 3.03% | 3.03% | ||
Debentures | ₩ 230,000 | 230,000 | ||
Gross amount [member] | Unsecured private bonds with 3.22% interest due 2033 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2033 | |||
Annual interest rate (%) | 3.22% | 3.22% | ||
Debentures | ₩ 130,000 | 130,000 | ||
Gross amount [member] | Unsecured private bonds with 3.64% interest due 2024 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2024 | |||
Annual interest rate (%) | 3.64% | 3.64% | ||
Debentures | ₩ 150,000 | 150,000 | ||
Gross amount [member] | Unsecured private bonds with 2.82% interest due 2024 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2024 | |||
Annual interest rate (%) | 2.82% | 2.82% | ||
Debentures | ₩ 190,000 | 190,000 | ||
Gross amount [member] | Unsecured private bonds with 2.40% interest due 2022 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2022 | |||
Annual interest rate (%) | 2.40% | 2.40% | ||
Debentures | ₩ 0 | 100,000 | ||
Gross amount [member] | Unsecured private bonds with 2.49% interest due 2025 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2025 | |||
Annual interest rate (%) | 2.49% | 2.49% | ||
Debentures | ₩ 150,000 | 150,000 | ||
Gross amount [member] | Unsecured private bonds with 2.61% interest due 2030 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2030 | |||
Annual interest rate (%) | 2.61% | 2.61% | ||
Debentures | ₩ 50,000 | 50,000 | ||
Gross amount [member] | Unsecured private bonds with 2.66% interest due 2025 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2025 | |||
Annual interest rate (%) | 2.66% | 2.66% | ||
Debentures | ₩ 70,000 | 70,000 | ||
Gross amount [member] | Unsecured private bonds with 2.82% interest due 2030 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2030 | |||
Annual interest rate (%) | 2.82% | 2.82% | ||
Debentures | ₩ 90,000 | 90,000 | ||
Gross amount [member] | Unsecured private bonds with 2.55% interest due 2025 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2025 | |||
Annual interest rate (%) | 2.55% | 2.55% | ||
Debentures | ₩ 100,000 | 100,000 | ||
Gross amount [member] | Unsecured private bonds with 2.75% interest due 2035 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2035 | |||
Annual interest rate (%) | 2.75% | 2.75% | ||
Debentures | ₩ 70,000 | 70,000 | ||
Gross amount [member] | Unsecured private bonds with 2.08% interest due 2026 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2026 | |||
Annual interest rate (%) | 2.08% | 2.08% | ||
Debentures | ₩ 90,000 | 90,000 | ||
Gross amount [member] | Unsecured private bonds with 2.24% interest due 2036 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2036 | |||
Annual interest rate (%) | 2.24% | 2.24% | ||
Debentures | ₩ 80,000 | 80,000 | ||
Gross amount [member] | Unsecured private bonds with 1.97% interest due 2026 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2026 | |||
Annual interest rate (%) | 1.97% | 1.97% | ||
Debentures | ₩ 120,000 | 120,000 | ||
Gross amount [member] | Unsecured private bonds with 2.17% interest due 2031 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2031 | |||
Annual interest rate (%) | 2.17% | 2.17% | ||
Debentures | ₩ 50,000 | 50,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.17% interest due 2022.[member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2022 | |||
Annual interest rate (%) | 2.17% | 2.17% | ||
Debentures | ₩ 0 | 120,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.55% interest due 2027 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2027 | |||
Annual interest rate (%) | 2.55% | 2.55% | ||
Debentures | ₩ 100,000 | 100,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.65% interest due 2032 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2032 | |||
Annual interest rate (%) | 2.65% | 2.65% | ||
Debentures | ₩ 90,000 | 90,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.63% interest due 2022 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2022 | |||
Annual interest rate (%) | 2.63% | 2.63% | ||
Debentures | ₩ 0 | 80,000 | ||
Gross amount [member] | Unsecured private bonds with 2.84% interest due 2027 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2027 | |||
Annual interest rate (%) | 2.84% | 2.84% | ||
Debentures | ₩ 100,000 | 100,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.81% interest due 2023 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2023 | |||
Annual interest rate (%) | 2.81% | 2.81% | ||
Debentures | ₩ 100,000 | 100,000 | ||
Gross amount [member] | Unsecured corporate bonds with 3 % interest due 2028 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2028 | |||
Annual interest rate (%) | 3% | 3% | ||
Debentures | ₩ 200,000 | 200,000 | ||
Gross amount [member] | Unsecured corporate bonds with 3.2% interest due 2038 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2038 | |||
Annual interest rate (%) | 3.02% | 3.02% | ||
Debentures | ₩ 90,000 | 90,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.33% interest due 2023 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2023 | |||
Annual interest rate (%) | 2.33% | 2.33% | ||
Debentures | ₩ 150,000 | 150,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.44% interest due 2038 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2038 | |||
Annual interest rate (%) | 2.44% | 2.44% | ||
Debentures | ₩ 50,000 | 50,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.03% interest due 2022 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2022 | |||
Annual interest rate (%) | 2.03% | 2.03% | ||
Debentures | ₩ 0 | 180,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.09% interest due 2024 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2024 | |||
Annual interest rate (%) | 2.09% | 2.09% | ||
Debentures | ₩ 120,000 | 120,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.19% interest due 2029 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2029 | |||
Annual interest rate (%) | 2.19% | 2.19% | ||
Debentures | ₩ 50,000 | 50,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.23% interest due 2039 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2039 | |||
Annual interest rate (%) | 2.23% | 2.23% | ||
Debentures | ₩ 50,000 | 50,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.40% interest due 2022 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2022 | |||
Annual interest rate (%) | 1.40% | 1.40% | ||
Debentures | ₩ 0 | 120,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.49% interest due 2024 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2024 | |||
Annual interest rate (%) | 1.49% | 1.49% | ||
Debentures | ₩ 60,000 | 60,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.50% interest due 2029 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2029 | |||
Annual interest rate (%) | 1.50% | 1.50% | ||
Debentures | ₩ 120,000 | 120,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.52% interest due 2039 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2039 | |||
Annual interest rate (%) | 1.52% | 1.52% | ||
Debentures | ₩ 50,000 | 50,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.56% interest due 2049 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2049 | |||
Annual interest rate (%) | 1.56% | 1.56% | ||
Debentures | ₩ 50,000 | 50,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.69% interest due 2022 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2022 | |||
Annual interest rate (%) | 1.69% | 1.69% | ||
Debentures | ₩ 0 | 230,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.76% interest due 2024 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2024 | |||
Annual interest rate (%) | 1.76% | 1.76% | ||
Debentures | ₩ 70,000 | 70,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.79% interest due 2029 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2029 | |||
Annual interest rate (%) | 1.79% | 1.79% | ||
Debentures | ₩ 40,000 | 40,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.81% interest due 2039 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2039 | |||
Annual interest rate (%) | 1.81% | 1.81% | ||
Debentures | ₩ 60,000 | 60,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.64% interest due 2023 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2023 | |||
Annual interest rate (%) | 1.64% | 1.64% | ||
Debentures | ₩ 170,000 | 170,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.75% interest due 2025 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2025 | |||
Annual interest rate (%) | 1.75% | 1.75% | ||
Debentures | ₩ 130,000 | 130,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.83% interest due 2030 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2030 | |||
Annual interest rate (%) | 1.83% | 1.83% | ||
Debentures | ₩ 50,000 | 50,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.87% interest due 2040 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2040 | |||
Annual interest rate (%) | 1.87% | 1.87% | ||
Debentures | ₩ 70,000 | 70,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.40% interest due 2025 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2025 | |||
Annual interest rate (%) | 1.40% | 1.40% | ||
Debentures | ₩ 140,000 | 140,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.59% interest due 2030 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2030 | |||
Annual interest rate (%) | 1.59% | 1.59% | ||
Debentures | ₩ 40,000 | 40,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.76% interest due 2040 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2040 | |||
Annual interest rate (%) | 1.76% | 1.76% | ||
Debentures | ₩ 110,000 | 110,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.26% interest due 2022 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2022 | |||
Annual interest rate (%) | 2.26% | 2.26% | ||
Debentures | ₩ 0 | 150,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.70% interest due 2022 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2022 | |||
Annual interest rate (%) | 2.70% | 2.70% | ||
Debentures | ₩ 0 | 140,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.93% interest due 2023 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2023 | |||
Annual interest rate (%) | 2.93% | 2.93% | ||
Debentures | ₩ 80,000 | 80,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.00% interest due 2022 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2022 | |||
Annual interest rate (%) | 2% | 2% | ||
Debentures | ₩ 0 | 50,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.09% interest due 2024 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2024 | |||
Annual interest rate (%) | 2.09% | 2.09% | ||
Debentures | ₩ 160,000 | 160,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.71% interest due 2022 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2022 | |||
Annual interest rate (%) | 1.71% | 1.71% | ||
Debentures | ₩ 0 | 80,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.71% interest due 2024 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2024 | |||
Annual interest rate (%) | 1.71% | 1.71% | ||
Debentures | ₩ 100,000 | 100,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.86% interest due 2026 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2026 | |||
Annual interest rate (%) | 1.86% | 1.86% | ||
Debentures | ₩ 50,000 | 50,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.48% interest due 2023 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2023 | |||
Annual interest rate (%) | 1.48% | 1.48% | ||
Debentures | ₩ 100,000 | 100,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.64% interest due 2025 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2025 | |||
Annual interest rate (%) | 1.64% | 1.64% | ||
Debentures | ₩ 100,000 | 100,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.41% interest due 2025 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2025 | |||
Annual interest rate (%) | 1.41% | 1.41% | ||
Debentures | ₩ 160,000 | 160,000 | ||
Gross amount [member] | Unsecured global bonds with 6.63% interest due 2027 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2027 | |||
Annual interest rate (%) | 6.63% | 6.63% | ||
Debentures | ₩ 506,920 | $ 400,000 | 474,200 | $ 400,000 |
Gross amount [member] | Unsecured global bonds with 3.75% interest due 2023 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2023 | |||
Annual interest rate (%) | 3.75% | 3.75% | ||
Debentures | ₩ 633,650 | $ 500,000 | 592,750 | 500,000 |
Gross amount [member] | Unsecured global bonds with 3.88% interest due 2023 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2023 | |||
Annual interest rate (%) | 3.88% | 3.88% | ||
Debentures | ₩ 380,190 | $ 300,000 | 355,650 | 300,000 |
Gross amount [member] | Floating rate notes with LIBOR rate 3M + 0.91% interest due 2025 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2025 | |||
Annual interest rate (%) | 0.91% | 0.91% | ||
Annual interest rate description | LIBOR rate 3M | |||
Debentures | ₩ 380,190 | $ 300,000 | 355,650 | $ 300,000 |
Gross amount [member] | Unsecured corporate bonds with 1.17% interest due 2024 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2024 | |||
Annual interest rate (%) | 1.17% | 1.17% | ||
Debentures | ₩ 80,000 | 80,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.39% interest due 2026 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2026 | |||
Annual interest rate (%) | 1.39% | 1.39% | ||
Debentures | ₩ 80,000 | 80,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.80% interest due 2031 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2031 | |||
Annual interest rate (%) | 1.80% | 1.80% | ||
Debentures | ₩ 50,000 | 50,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.89% interest due 2041 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2041 | |||
Annual interest rate (%) | 1.89% | 1.89% | ||
Debentures | ₩ 100,000 | 100,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.47% interest due 2024 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2024 | |||
Annual interest rate (%) | 2.47% | 2.47% | ||
Debentures | ₩ 90,000 | 90,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.69% interest due 2026 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2026 | |||
Annual interest rate (%) | 2.69% | 2.69% | ||
Debentures | ₩ 70,000 | 70,000 | ||
Gross amount [member] | Unsecured corporate bonds with 2.68% interest due 2041 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2041 | |||
Annual interest rate (%) | 2.68% | 2.68% | ||
Debentures | ₩ 40,000 | 40,000 | ||
Gross amount [member] | Unsecured corporate bonds with 1.69% interest due 2024 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2024 | |||
Annual interest rate (%) | 1.69% | 1.69% | ||
Debentures | ₩ 100,000 | 100,000 | ||
Gross amount [member] | Unsecured Corporate Bonds With 3.80% Interest Due 2025 | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2025 | |||
Annual interest rate (%) | 3.80% | 3.80% | ||
Debentures | ₩ 240,000 | 0 | ||
Gross amount [member] | Unsecured private bonds with 2.92% interest due 2032 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2032 | |||
Annual interest rate (%) | 2.92% | 2.92% | ||
Debentures | ₩ 50,000 | 0 | ||
Gross amount [member] | Unsecured private bonds with 2.58% interest due 2025 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2025 | |||
Annual interest rate (%) | 2.58% | 2.58% | ||
Debentures | ₩ 100,000 | 0 | ||
Gross amount [member] | Unsecured private bonds with 4.69% interest due 2032 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2032 | |||
Annual interest rate (%) | 4.69% | 4.69% | ||
Debentures | ₩ 40,000 | 0 | ||
Gross amount [member] | Unsecured private bonds with 4.74% interest due 2027 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2027 | |||
Annual interest rate (%) | 4.74% | 4.74% | ||
Debentures | ₩ 60,000 | 0 | ||
Gross amount [member] | Unsecured private bonds with 4.73% interest due 2025 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2025 | |||
Annual interest rate (%) | 4.73% | 4.73% | ||
Debentures | ₩ 110,000 | 0 | ||
Gross amount [member] | Unsecured private bonds with 4.79% interest due 2024 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2024 | |||
Annual interest rate (%) | 4.79% | 4.79% | ||
Debentures | ₩ 100,000 | 0 | ||
Gross amount [member] | Unsecured private bonds with 4.00% interest due 2027 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2027 | |||
Annual interest rate (%) | 4% | 4% | ||
Debentures | ₩ 95,000 | 0 | ||
Gross amount [member] | Unsecured private bonds with 4.00% interest due 2025 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2025 | |||
Annual interest rate (%) | 4% | 4% | ||
Debentures | ₩ 300,000 | 0 | ||
Gross amount [member] | Unsecured private bonds with 3.78% interest due 2042 [Member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2042 | |||
Annual interest rate (%) | 3.78% | 3.78% | ||
Debentures | ₩ 40,000 | 0 | ||
Gross amount [member] | Unsecured private bonds with 3.84% interest due 2027 [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Maturity | 2027 | |||
Annual interest rate (%) | 3.84% | 3.84% | ||
Debentures | ₩ 70,000 | 0 | ||
Discounts on bonds [member] | ||||
Disclosure of detailed information about borrowings [line items] | ||||
Debentures | ₩ (19,256) | ₩ (21,567) |
Borrowings and Debentures - D_2
Borrowings and Debentures - Debentures (Parenthetical) (Detail) | Dec. 31, 2022 | Dec. 31, 2021 |
3M LIBOR [Member] | ||
Disclosure of detailed information about borrowings [line items] | ||
Annual interest rate (%) | 4.75% | 0.21% |
Long-term Payables Other - Deta
Long-term Payables Other - Details of Long-term Payables - Other, Which Consist of Payables Related to the Acquisition of Frequency Usage Rights (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of financial liabilities [line items] | ||
Present value discount on long-term payables — other | ₩ (52,129) | ₩ (80,882) |
Current installments of long-term payables — other | (398,874) | (398,823) |
Carrying amount at December 31 | 1,239,467 | 1,611,010 |
Gross amount [member] | ||
Disclosure of financial liabilities [line items] | ||
Long-term payables — other | ₩ 1,690,470 | ₩ 2,090,715 |
Long-term Payables Other - Addi
Long-term Payables Other - Additional Information (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Gross amount [member] | Less than 1 year [member] | ||
Disclosure of financial liabilities [line items] | ||
Payables related to acquisition of frequency usage rights | ₩ 400,245 | ₩ 425,349 |
Long-term Payables Other - Repa
Long-term Payables Other - Repayment Schedule of the Principal Amount of Long-term Payables - Other Related to Acquisition of Frequency Usage Rights (Detail) - Gross amount [member] - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of financial liabilities [line items] | ||
Payables related to acquisition of frequency usage rights | ₩ 1,690,470 | ₩ 2,090,715 |
Less than 1 year [member] | ||
Disclosure of financial liabilities [line items] | ||
Payables related to acquisition of frequency usage rights | 400,245 | |
1 - 3 years [Member] | ||
Disclosure of financial liabilities [line items] | ||
Payables related to acquisition of frequency usage rights | 738,300 | |
3 - 5 years [Member] | ||
Disclosure of financial liabilities [line items] | ||
Payables related to acquisition of frequency usage rights | 460,538 | |
More than 5 years [member] | ||
Disclosure of financial liabilities [line items] | ||
Payables related to acquisition of frequency usage rights | ₩ 91,387 |
Provisions - Changes in Provisi
Provisions - Changes in Provisions (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of other provisions [line items] | ||
Beginning balance | ₩ 126,995 | ₩ 150,877 |
Increase | 13,613 | 15,671 |
Utilization | (15,188) | (26,283) |
Reversal | (7,265) | (8,076) |
Other | (48) | 172 |
Business combination | 991 | 385 |
Spin-off | (5,751) | |
Ending balance | 119,098 | 126,995 |
Current | 39,683 | 61,656 |
Non-current | 79,415 | 65,339 |
Provision for restoration [Member] | ||
Disclosure of other provisions [line items] | ||
Beginning balance | 114,731 | 113,653 |
Increase | 6,823 | 12,648 |
Utilization | (5,679) | (6,283) |
Reversal | (1,767) | (440) |
Other | (10) | 172 |
Business combination | 991 | |
Spin-off | (5,019) | |
Ending balance | 115,089 | 114,731 |
Current | 36,998 | 59,204 |
Non-current | 78,091 | 55,527 |
Emission allowance [Member] | ||
Disclosure of other provisions [line items] | ||
Beginning balance | 1,885 | 7,424 |
Increase | 2,719 | 1,368 |
Utilization | (1,091) | |
Reversal | (2,418) | (5,816) |
Ending balance | 2,186 | 1,885 |
Current | 2,186 | 1,885 |
Other provisions [Member] | ||
Disclosure of other provisions [line items] | ||
Beginning balance | 10,379 | 29,800 |
Increase | 4,071 | 1,655 |
Utilization | (9,509) | (18,909) |
Reversal | (3,080) | (1,820) |
Other | (38) | |
Business combination | 0 | 385 |
Spin-off | (732) | |
Ending balance | 1,823 | 10,379 |
Current | 499 | 567 |
Non-current | ₩ 1,324 | ₩ 9,812 |
Defined Benefit Liabilities (_3
Defined Benefit Liabilities (Assets) - Details of Defined Benefit Liabilities (Assets) (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of defined benefit plans [abstract] | ||
Present value of defined benefit obligations | ₩ 1,038,320 | ₩ 1,035,016 |
Fair value of plan assets | (1,214,007) | (1,040,286) |
Defined benefit assets | (175,748) | (18,427) |
Defined benefit liabilities | ₩ 61 | ₩ 13,157 |
Defined Benefit Liabilities (_4
Defined Benefit Liabilities (Assets) - Principal Actuarial Assumptions (Detail) | Dec. 31, 2022 | Dec. 31, 2021 |
Bottom of range [member] | ||
Disclosure of defined benefit plans [line items] | ||
Discount rate for defined benefit obligations | 5.09% | 2.35% |
Expected rate of salary increase | 2% | 2% |
Top of range [member] | ||
Disclosure of defined benefit plans [line items] | ||
Discount rate for defined benefit obligations | 5.71% | 3.29% |
Expected rate of salary increase | 8.37% | 5.29% |
Defined Benefit Liabilities (_5
Defined Benefit Liabilities (Assets) - Changes in Defined Benefit Obligations (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of defined benefit plans [line items] | ||
Current service cost | ₩ 134,847 | ₩ 186,395 |
Interest cost | (338) | 4,067 |
Remeasurement | ||
Spin-off | (2,281,910) | |
Retirement benefit obligation [Member] | ||
Disclosure of defined benefit plans [line items] | ||
Beginning balance | 1,035,016 | 1,278,550 |
Current service cost | 134,847 | 186,395 |
Interest cost | 32,572 | 28,617 |
Remeasurement | ||
- Demographic assumption | (28,222) | (794) |
- Financial assumption | (84,532) | (29,399) |
- Adjustment based on experience | 2,369 | 5,773 |
Business combinations | 29,357 | |
Benefit paid | (79,117) | (114,897) |
Spin-off | 0 | (318,476) |
Others | (3,970) | (753) |
Ending balance | ₩ 1,038,320 | ₩ 1,035,016 |
Defined Benefit Liabilities (_6
Defined Benefit Liabilities (Assets) - Changes in Plan Assets (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of fair value of plan assets [line items] | ||
Interest income | ₩ 338 | ₩ (4,067) |
Spin-off | (2,281,910) | |
Plan assets [member] | ||
Disclosure of fair value of plan assets [line items] | ||
Beginning balance | 1,040,286 | 1,127,163 |
Interest income | 32,910 | 24,550 |
Remeasurement | (18,622) | (3,798) |
Contributions | 215,254 | 152,208 |
Benefit paid | (83,123) | (100,511) |
Business combinations | 26,618 | 0 |
Spin-off | 0 | (157,522) |
Others | 684 | (1,804) |
Ending balance | ₩ 1,214,007 | ₩ 1,040,286 |
Defined Benefit Liabilities (_7
Defined Benefit Liabilities (Assets) - Additional Information (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of defined benefit plans [abstract] | ||
Expected contributions in 2022 | ₩ 191,597 | |
Weighted average durations of defined benefit obligations | 7 years 6 months 10 days | 9 years 2 months 8 days |
Defined Benefit Liabilities (_8
Defined Benefit Liabilities (Assets) - Total Amount of Expenses Recognized in Profit and Loss (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of defined benefit plans [abstract] | |||
Current service cost | ₩ 134,847 | ₩ 186,395 | |
Net interest cost | (338) | 4,067 | |
Total amount of expenses recognized in profit and loss | ₩ 134,509 | ₩ 190,462 | ₩ 198,794 |
Defined Benefit Liabilities (_9
Defined Benefit Liabilities (Assets) - Details of Plan Assets (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of defined benefit plans [abstract] | ||
Equity instruments | ₩ 17,716 | ₩ 25,083 |
Debt instruments | 174,385 | 228,534 |
Short-term financial instruments, etc. | 1,021,906 | 786,669 |
Fair value of plan assets | ₩ 1,214,007 | ₩ 1,040,286 |
Defined Benefit Liabilities _10
Defined Benefit Liabilities (Assets) - Effects on Defined Benefit Obligations if Each of Significant Actuarial Assumptions Changes Within Expectable and Reasonable Range (Detail) ₩ in Millions | Dec. 31, 2022 KRW (₩) |
Discount rate [Member] | |
Disclosure of sensitivity analysis for actuarial assumptions [line items] | |
Increase in defined benefit obligations | ₩ (35,826) |
Increase in assumption | 0.50% |
Decrease in defined benefit obligations | ₩ 38,337 |
Decrease in assumption | 0.50% |
Expected salary increase rate [Member] | |
Disclosure of sensitivity analysis for actuarial assumptions [line items] | |
Increase in defined benefit obligations | ₩ 38,500 |
Increase in assumption | 0.50% |
Decrease in defined benefit obligations | ₩ (36,315) |
Decrease in assumption | 0.50% |
Derivative Instruments - Curren
Derivative Instruments - Currency and Interest Rate Swap Contracts under Cash Flow Hedge Accounting (Detail) | 12 Months Ended |
Dec. 31, 2022 | |
Fixed-to-fixed cross currency swap, Jul. 20, 2007 [member] | |
Disclosure of detailed information about hedging instruments [line items] | |
Borrowing date | Jul. 20, 2007 |
Hedged risk | Foreign currency risk |
Financial institution | Morgan Stanley and four other banks |
Duration of contract | Jul. 20, 2007 ~ Jul. 20, 2027 |
Fixed-to-fixed cross currency swap, Apr. 16, 2018 [member] | |
Disclosure of detailed information about hedging instruments [line items] | |
Borrowing date | Apr. 16, 2018 |
Hedged risk | Foreign currency risk |
Financial institution | The Export-Import Bank of Korea and three other banks |
Duration of contract | Apr. 16, 2018 ~Apr. 16, 2023 |
Floating-to-fixed interest rate swap, Mar. 4, 2020 | |
Disclosure of detailed information about hedging instruments [line items] | |
Borrowing date | Mar. 04, 2020 |
Hedged risk | Foreign currency risk and Interest rate risk |
Financial institution | Citibank |
Duration of contract | Mar. 4, 2020 ~Jun. 4, 2025 |
Fixed-to-fixed cross currency swap, Aug. 13, 2018 [member] | |
Disclosure of detailed information about hedging instruments [line items] | |
Borrowing date | Aug. 13, 2018 |
Hedged risk | Foreign currency risk |
Financial institution | Citibank |
Duration of contract | Aug. 13, 2018 ~ Aug. 13, 2023 |
Floating-to-fixed interest rate swap, Dec. 19, 2018 [member] | |
Disclosure of detailed information about hedging instruments [line items] | |
Borrowing date | Dec. 19, 2018 |
Hedged risk | Interest rate risk |
Financial institution | Credit Agricole CIB |
Duration of contract | Mar.19, 2019 ~Dec.14, 2023 |
Derivative Instruments - Curr_2
Derivative Instruments - Currency and Interest Rate Swap Contracts under Cash Flow Hedge Accounting (Parenthetical) (Detail) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 KRW (₩) | Dec. 31, 2021 KRW (₩) | Dec. 31, 2020 KRW (₩) | |
Disclosure of detailed information about hedging instruments [line items] | |||
Derivative financial liabilities | ₩ 302,593 | ₩ 321,136 | |
Derivative financial assets | 321,160 | 217,594 | |
Current derivative financial assets | 168,527 | 30,110 | |
SK Broadband Co., Ltd. [member] | |||
Disclosure of detailed information about hedging instruments [line items] | |||
Derivative financial liabilities | 302,593 | 321,025 | ₩ 320,984 |
Current derivative financial assets | ₩ 20,631 | 6,988 | |
SK Broadband Co., Ltd. [Member] | |||
Disclosure of detailed information about hedging instruments [line items] | |||
Projected discounted cash flow percentage | 6.70% | ||
Total return swaps [member] | |||
Disclosure of detailed information about hedging instruments [line items] | |||
Lease contract amount | ₩ 270,000 | 64,000 | |
Contingent Subscription Right To Acquire Common Stock [Member] | Parent [member] | HAEGIN Company Limited [Member] | Discount rate, measurement input [member] | |||
Disclosure of detailed information about hedging instruments [line items] | |||
Period of time for calculating projected cash flows | 5 years | ||
Significant unobservable inputs | 12 | ||
Purchase of assets fair value measurement | ₩ 6,895 | ||
Fixed-to-fixed cross currency swap, Jul. 20, 2007 [member] | |||
Disclosure of detailed information about hedging instruments [line items] | |||
Bonds face value | 400,000 | ||
Fixed-to-fixed cross currency swap, Apr. 16, 2018 [member] | |||
Disclosure of detailed information about hedging instruments [line items] | |||
Bonds face value | 500,000 | ||
Floating-to-fixed interest rate swap, Mar. 4, 2020 [member] | |||
Disclosure of detailed information about hedging instruments [line items] | |||
Bonds face value | 300,000 | ||
Fixed-to-fixed cross currency swap, Aug. 13, 2018 [member] | |||
Disclosure of detailed information about hedging instruments [line items] | |||
Bonds face value | 300,000 | ||
Floating-to-fixed interest rate swap, Dec. 19, 2018 [member] | |||
Disclosure of detailed information about hedging instruments [line items] | |||
Bonds face value | 12,500 | ||
Subscription Right [Member] | Newberry Global Limited [Member] | |||
Disclosure of detailed information about hedging instruments [line items] | |||
Derivative financial assets | 13,136 | 15,477 | |
Contingent Subscription Right [Member] | Newberry Global Limited [Member] | |||
Disclosure of detailed information about hedging instruments [line items] | |||
Derivative financial assets | ₩ 8,083 | ₩ 9,524 |
Derivative Instruments - Detail
Derivative Instruments - Details of Fair Values of the Above Derivatives Recorded in Assets or Liabilities (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of detailed information about hedged items [line items] | ||
Short-term derivative financial assets | ₩ 168,527 | ₩ 30,110 |
Long-term derivative financial assets | 152,633 | 187,484 |
Cash flow hedge [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Derivative financial assets | 267,151 | |
Fair value [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Short-term derivative financial assets | 21,218 | |
Long-term derivative financial assets | 32,791 | |
Derivative financial assets | ₩ 267,151 | |
Fixed-to-fixed cross currency swap, Jul. 20, 2007 [member] | Cash flow hedge [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Short-term derivative financial assets | 44,365 | |
Fixed-to-fixed cross currency swap, Jul. 20, 2007 [member] | Fair value [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Short-term derivative financial assets | 44,365 | |
Fixed-to-fixed cross currency swap, Jul. 20, 2007 [member] | Cash flow hedge [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Long-term derivative financial assets | 102,780 | |
Fixed-to-fixed cross currency swap, Jul. 20, 2007 [member] | Fair value [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Long-term derivative financial assets | 102,780 | |
Fixed-to-fixed cross currency swap, Dec. 16, 2013 [member] | Cash flow hedge [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Long-term derivative financial assets | 82,735 | |
Fixed-to-fixed cross currency swap, Dec. 16, 2013 [member] | Fair value [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Long-term derivative financial assets | 82,735 | |
Floating-to-fixed interest rate swap, Dec. 20, 2016 [member] | Cash flow hedge [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Short-term derivative financial assets | 164 | |
Long-term derivative financial assets | 37,107 | |
Floating-to-fixed interest rate swap, Dec. 20, 2016 [member] | Fair value [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Short-term derivative financial assets | 164 | |
Long-term derivative financial assets | ₩ 37,107 |
Derivative Instruments - Deta_2
Derivative Instruments - Details of Fair Values of the Above Derivatives Recorded in Assets or Liabilities (Parenthetical) (Detail) - Dec. 31, 2022 ₩ in Millions, $ in Millions | KRW (₩) | USD ($) |
Fixed-to-fixed cross currency swap, Jul. 20, 2007 [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Bonds face value | ₩ | ₩ 400,000 | |
Fixed-to-fixed cross currency swap, Jul. 20, 2007 [member] | Fair value [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Bonds face value | $ 300,000 | |
Fixed-to-fixed cross currency swap, Jul. 20, 2007 [member] | Fair value [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Bonds face value | 500,000 | |
Floating-to-fixed interest rate swap, Dec. 20, 2016 [member] | Fair value [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Bonds face value | ₩ 12,500 | 300,000 |
Fixed-to-fixed cross currency swap, Dec. 16, 2013 [member] | Fair value [member] | ||
Disclosure of detailed information about hedged items [line items] | ||
Bonds face value | $ 400,000 |
Derivative Instruments - Deta_3
Derivative Instruments - Detailed information about f financial instruments under cash flow hedge (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Current assets: | ||
Derivative financial current assets | ₩ 168,527 | ₩ 30,110 |
Non-current assets: | ||
Derivative financial Non-current assets | 152,633 | 187,484 |
Derivative financial assets | 321,160 | 217,594 |
Non-current liabilities: | ||
Derivative financial Non-current liabilities | 302,593 | ₩ 321,084 |
Fair value | ||
Current assets: | ||
Derivative financial current assets | 21,218 | |
Non-current assets: | ||
Derivative financial Non-current assets | 32,791 | |
Derivative financial assets | 54,009 | |
Held For Trading | ||
Current assets: | ||
Derivative financial current assets | 21,218 | |
Non-current assets: | ||
Derivative financial Non-current assets | 32,791 | |
Derivative financial assets | 54,009 | |
Contingent subscription right [member] | Fair value | ||
Current assets: | ||
Derivative financial current assets | 8,083 | |
Non-current assets: | ||
Derivative financial Non-current assets | 6,895 | |
Contingent subscription right [member] | Held For Trading | ||
Current assets: | ||
Derivative financial current assets | 8,083 | |
Non-current assets: | ||
Derivative financial Non-current assets | 6,895 | |
Total return swap [member] | Fair value | ||
Non-current assets: | ||
Derivative financial Non-current assets | 25,896 | |
Total return swap [member] | Held For Trading | ||
Non-current assets: | ||
Derivative financial Non-current assets | 25,896 | |
Subscription right [member] | Fair value | ||
Current assets: | ||
Derivative financial current assets | 13,135 | |
Subscription right [member] | Held For Trading | ||
Current assets: | ||
Derivative financial current assets | 13,135 | |
Drag along and call option right [member] | Fair value | ||
Non-current liabilities: | ||
Derivative financial Non-current liabilities | (302,593) | |
Drag along and call option right [member] | Held For Trading | ||
Non-current liabilities: | ||
Derivative financial Non-current liabilities | ₩ (302,593) |
Share Capital and Capital Sur_3
Share Capital and Capital Surplus and Others - Number of Authorized, Issued and Outstanding Common Shares and the Details of Capital Surplus (Deficit) and Others (Detail) - KRW (₩) ₩ / shares in Units, ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure of classes of share capital [abstract] | |||
Number of authorized shares | 670,000,000 | 670,000,000 | |
Par value (in Won)(*1) | ₩ 100 | ₩ 100 | |
Number of issued shares | 218,833,144 | 218,833,144 | 80,745,711 |
Share capital: | |||
Common share | ₩ 30,493 | ₩ 30,493 | |
Capital surplus and others: | |||
Paid-in surplus | 1,771,000 | 1,771,000 | |
Treasury shares (note 24) | (36,702) | (57,314) | |
Hybrid bonds(Note 25) | 398,759 | 398,759 | |
Share option (note 26) | 2,061 | 47,166 | |
Others | (13,702,235) | (13,783,337) | |
Capital Surplus | ₩ (11,567,117) | ₩ (11,623,726) |
Share Capital and Capital Sur_4
Share Capital and Capital Surplus and Others - Number of Authorized, Issued and Outstanding Common Shares and the Details of Capital Surplus (Deficit) and Others (Parenthetical) (Detail) - KRW (₩) ₩ / shares in Units, ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of classes of share capital [line items] | |||
Number of shares issued | 218,833,144 | 218,833,144 | 80,745,711 |
Par value per share | ₩ 100 | ₩ 100 | |
Increase Decrease In Equity | ₩ 14,146 | ||
Bottom of range [member] | |||
Disclosure of classes of share capital [line items] | |||
Number of shares issued | 220,000,000 | ||
Par value per share | ₩ 500 | ||
Top of range [member] | |||
Disclosure of classes of share capital [line items] | |||
Number of shares issued | 670,000,000 | ||
Par value per share | ₩ 100 | ||
Parent [member] | |||
Disclosure of classes of share capital [line items] | |||
Number Of Treasury Shares Retired During The Period | 8,685,568 |
Share Capital and Capital Sur_5
Share Capital and Capital Surplus and Others - Summary of Reconciliation of Number of Shares Outstanding (Detail) - shares | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of classes of share capital [line items] | ||
Issued shares at January 1 | 218,833,144 | 80,745,711 |
Retirement of treasury shares | 0 | (8,685,568) |
Stock split | 0 | 288,240,572 |
Spin-off | 0 | (141,467,571) |
Issued shares at December 31 | 218,833,144 | 218,833,144 |
Share Capital and Capital Sur_6
Share Capital and Capital Surplus and Others - Summary of Reconciliation of Number of Shares Outstanding (Parenthetical) (Detail) - ₩ / shares | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of classes of share capital [line items] | ||
Par value per share | ₩ 100 | ₩ 100 |
Parent [member] | ||
Disclosure of classes of share capital [line items] | ||
Number Of Treasury Shares Retired During The Period | 8,685,568 | |
Bottom of range [member] | ||
Disclosure of classes of share capital [line items] | ||
Par value per share | ₩ 500 | |
Top of range [member] | ||
Disclosure of classes of share capital [line items] | ||
Par value per share | ₩ 100 |
Share Capital and Capital Sur_7
Share Capital and Capital Surplus and Others - Summary of Allocation of New Shares to Shareholders (Detail) - ₩ / shares | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of Allocation of New Shares to Shareholders [Line Items] | ||
Par value per share | ₩ 100 | ₩ 100 |
SK Square Co., Ltd [Member] | ||
Disclosure of Allocation of New Shares to Shareholders [Line Items] | ||
Name of reporting entity or other means of identification | SK Square Co., Ltd. | |
Par value per share | ₩ 0.3926375 | |
SKTelecomCo.,Ltd [Member] | ||
Disclosure of Allocation of New Shares to Shareholders [Line Items] | ||
Name of reporting entity or other means of identification | SK Telecom Co., Ltd. | |
Par value per share | ₩ 0.6073625 |
Share Capital and Capital Sur_8
Share Capital and Capital Surplus and Others - Details of Shares Outstanding (Detail) - shares | Dec. 31, 2022 | Jan. 01, 2022 | Dec. 31, 2021 | Jan. 01, 2021 | Dec. 31, 2020 |
Reconciliation of number of shares outstanding [abstract] | |||||
Issued shares | 218,833,144 | 218,833,144 | 80,745,711 | ||
Treasury shares | 801,091 | 1,250,992 | 9,418,558 | ||
Outstanding shares | 218,032,053 | 217,582,152 | 217,582,152 | 356,635,765 | 365,682,240 |
Treasury Shares - Summary of Tr
Treasury Shares - Summary of Treasury Shares (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure of classes of share capital [abstract] | |||
Number of shares | 801,091 | 1,250,992 | 9,418,558 |
Acquisition cost | ₩ 36,702 | ₩ 57,314 |
Treasury Shares - Summary of ch
Treasury Shares - Summary of changes in treasury shares (Detail) - shares | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of Changes in treasury shares [Abstract] | ||
Treasury shares at January 1 | 1,250,992 | 9,418,558 |
Acquisition | 0 | 288,000 |
Disposal | 0 | (626,740) |
Retirement of treasury shares | 0 | (8,685,568) |
Stock split | 0 | 1,577,000 |
Spin-off | 0 | (719,955) |
Disposal | (449,901) | (303) |
Treasury shares at December 31 | 801,091 | 1,250,992 |
Treasury Shares - Summary of _2
Treasury Shares - Summary of changes in treasury shares (Parenthetical) (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of Changes in treasury shares [Line Items] | |||
Retirement of treasury shares | 0 | (8,685,568) | |
Acquisition | 54,032 | ||
Acquisition cost | ₩ 3,129 | ||
Distribution of treasury shares | 303 | ||
Proceeds from sale or issue of treasury shares | ₩ 14 | ||
Gain on disposal of treasury shares and others | 14 | ||
Payment to acquire treasury shares | 76,111 | ₩ 426,664 | |
Bonus payment to employees [Member] | |||
Disclosure of Changes in treasury shares [Line Items] | |||
Distribution of treasury shares | 449,901 | ||
Proceeds from sale or issue of treasury shares | ₩ 20,612 | ||
Gain on disposal of treasury shares and others | 114,359 | ||
Increase (decrease) through treasury share transactions, equity | 141,342 | ||
Gain loss on disposal treasury share | ₩ 4,813 | ₩ 2,659 | |
Increase Decrease through contributions by owners, shares | 626,240 | ||
Compensation to non executive directors [Member] | |||
Disclosure of Changes in treasury shares [Line Items] | |||
Increase (decrease) through treasury share transactions, equity | ₩ 113 | ||
Gain loss on disposal treasury share | ₩ 48 | ||
Increase Decrease through contributions by owners, shares | 500 | ||
Kako Co Ltd [Member] | |||
Disclosure of Changes in treasury shares [Line Items] | |||
Number of share acquired | 288,000 | ||
Payment to acquire treasury shares | ₩ 72,982 | ||
SK Telecom Co., Ltd | |||
Disclosure of Changes in treasury shares [Line Items] | |||
Retirement of treasury shares | 8,685,568 | ||
SK Square Co., Ltd | |||
Disclosure of Changes in treasury shares [Line Items] | |||
Number of shares in entity held by entity or by its subsidiaries or associates | 773,987 |
Hybrid Bonds - Summary of Hybri
Hybrid Bonds - Summary of Hybrid Bonds (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Series hybrid bonds | ₩ 398,759 | ₩ 398,759 |
Series 2-1 hybrid bonds [member] | ||
Type | Unsecured subordinated bearer bond | |
Issuance date | Jun. 07, 2018 | |
Maturity | June 7, 2078 | |
Annual interest rate(%) | 3.70% | |
Series hybrid bonds | ₩ 300,000 | 300,000 |
Series 2-2 hybrid bonds [member] | ||
Type | Unsecured subordinated bearer bond | |
Issuance date | Jun. 07, 2018 | |
Maturity | June 7, 2078 | |
Annual interest rate(%) | 3.65% | |
Series hybrid bonds | ₩ 100,000 | 100,000 |
Issuance costs [Member] | ||
Series hybrid bonds | ₩ (1,241) | ₩ (1,241) |
Hybrid Bonds - Summary of Hyb_2
Hybrid Bonds - Summary of Hybrid Bonds (Parenthetical) (Detail) - Private hybrid bonds [Member] | 12 Months Ended |
Dec. 31, 2022 | |
After 10 years [Member] | |
Annual interest rate, additional premium | 0.25% |
Annual interest rate, additional premium period | 10 years |
After 25 years [Member] | |
Annual interest rate, additional premium | 0.75% |
Annual interest rate, additional premium period | 25 years |
Share based payment arrangeme_3
Share based payment arrangement - Summary of Terms and Conditions Related to Grants of Share Based Payment Arrangement (Detail) | 12 Months Ended | |
Dec. 31, 2022 shares ₩ / shares | Dec. 31, 2021 shares ₩ / shares | |
Series 1-2 [member] | ||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||
Grant date | March 24, 2017 | |
Grant method | Reissue of treasury shares, Cash settlement | |
Number of shares | 67,320 | |
Exercise price | ₩ / shares | ₩ 53,298 | |
Exercise period | Mar. 25, 2020 ~ Mar. 24, 2023 | |
Vesting conditions | 3 years’ service fromthe grant date | |
Series 1-3 [member] | ||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||
Grant date | March 24, 2017 | |
Number of shares | 67,320 | |
Exercise price | ₩ / shares | ₩ 57,562 | |
Exercise period | Mar. 25, 2021 ~ Mar. 24, 2024 | |
Vesting conditions | 4 years’ service from thegrant date | |
Series 2 [member] | ||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||
Grant date | February 20, 2018 | |
Types of shares to be issued | Registered common shares | |
Number of shares | 4,124 | |
Exercise price | ₩ / shares | ₩ 50,824 | |
Exercise period | Feb. 21, 2020 ~ Feb. 20, 2023 | |
Vesting conditions | 2 years’ service fromthe grant date | |
Series 3 [member] | ||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||
Grant date | February 22, 2019 | |
Number of shares | 8,907 | |
Exercise price | ₩ / shares | ₩ 53,052 | |
Exercise period | Feb. 23, 2021 ~ Feb. 22, 2024 | |
Vesting conditions | 2 years’ service fromthe grant date | |
Series 4 [member] | ||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||
Grant date | March 26, 2019 | |
Number of shares | 5,266 | |
Exercise price | ₩ / shares | ₩ 50,862 | |
Exercise period | Mar. 27, 2021 ~ Mar. 26, 2024 | |
Vesting conditions | 2 years’ service from thegrant date | |
Series 5 [member] | ||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||
Grant date | March 26, 2020 | |
Number of shares | 376,313 | |
Exercise price | ₩ / shares | ₩ 38,452 | |
Exercise period | Mar. 27, 2023 ~ Mar. 26, 2027 | |
Vesting conditions | 3 years’ service fromthe grant date | |
Series 6 [member] | ||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||
Grant date | March 25, 2021 | |
Number of shares | 87,794 | |
Exercise price | ₩ / shares | ₩ 50,276 | |
Exercise period | Mar. 26, 2023 ~ Mar. 25, 2026 | |
Vesting conditions | 2 years’ service fromthe grant date | |
Cash settled share based payment arrangement [Member] | Share Appreciation Rights Of SK Telecom Co., Ltd. [Member] | ||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||
Grant date | January 1, 2022 | January 1, 2021 |
Grant method | Cash settlement | Cash settlement |
Number of shares | 338,525 | 183,246 |
Exercise price | ₩ / shares | ₩ 56,860 | ₩ 50,276 |
Exercise period | Jan. 1, 2024 ~ Mar. 25, 2025 | Jan. 1, 2023 ~ Mar. 28, 2024 |
Vesting conditions | 2 years’ service from the grant date | 2 years’ service from the grant date |
Cash settled share based payment arrangement [Member] | Share Appreciation Rights of SK Square Co., Ltd. [Member] | ||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||
Grant date | January 1, 2021 | |
Grant method | Cash settlement | |
Number of shares | 118,456 | |
Series 7-1 [member] | ||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||
Grant date | March 25, 2022 | |
Types of shares to be issued | Registered common shares | |
Grant method | Reissue of treasury shares, Cash settlement | |
Number of shares | 295,275 | |
Exercise price | ₩ / shares | ₩ 56,860 | |
Exercise period | Mar. 26, 2025 ~ Mar. 25, 2029 | |
Vesting conditions | 2 years’ service fromthe grant date | |
Series 7-2 [member] | ||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||
Grant date | March 25, 2022 | |
Types of shares to be issued | Registered common shares | |
Grant method | Reissue of treasury shares, Cash settlement | |
Number of shares | 109,704 | |
Exercise price | ₩ / shares | ₩ 56,860 | |
Exercise period | Mar. 26, 2024 ~ Mar. 25, 2027 | |
Vesting conditions | 2 years’ service fromthe grant date |
Share based payment arrangeme_4
Share based payment arrangement - Summary of Terms and Conditions Related to Grants of Share Based Payment Arrangement (Parenthetical) (Detail) | 12 Months Ended |
Dec. 31, 2022 | |
Disclosure of terms and conditions of share-based payment arrangement [abstract] | |
Description of share option exercised | the remaining part of 1-1st share option and 3rd share option were fully and partially exercised |
Share based payment arrangeme_5
Share based payment arrangement - Summary of Share Compensation Expense Recognized (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure Of Share Based Compensation Expense [line items] | ||
Share compensation expense | ₩ 155,619 | ₩ 76,979 |
Major Share Options Transactions [member] | ||
Disclosure Of Share Based Compensation Expense [line items] | ||
Share compensation expense | 78,600 | |
Events including and after reporting period [member] | ||
Disclosure Of Share Based Compensation Expense [line items] | ||
Share compensation expense | ₩ 40 |
Share based payment arrangeme_6
Share based payment arrangement - Summary of Inputs Used in Binomial Option Pricing Model (Detail) ₩ / shares in Units, ₩ in Millions | 12 Months Ended | ||
Nov. 01, 2021 KRW (₩) mo | Dec. 31, 2022 KRW (₩) yr ₩ / shares | Dec. 31, 2021 KRW (₩) yr ₩ / shares | |
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Estimated option's life | mo | 6 | ||
Per share fair value of the option | ₩ | ₩ 300,500 | ||
Series 1-2 [member] | SK Telecom Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 3.67% | ||
Estimated option's life | yr | 6 | ||
Share price (Closing price on the preceding day) | ₩ 47,400 | ||
Expected volatility | 20.80% | ||
Expected dividends | 6.90% | ||
Exercise price | ₩ 53,298 | ||
Per share fair value of the option | ₩ | ₩ 250 | ||
Series 1-2 [member] | SK Square Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 1.95% | ||
Estimated option's life | yr | 6 | ||
Share price (Closing price on the preceding day) | ₩ 52,500 | ||
Expected volatility | 13.38% | ||
Expected dividends | 3.80% | ||
Exercise price | ₩ 53,298 | ||
Per share fair value of the option | ₩ | ₩ 4,048 | ||
Series 1-3 [member] | SK Telecom Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 3.70% | ||
Estimated option's life | yr | 7 | ||
Share price (Closing price on the preceding day) | ₩ 47,400 | ||
Expected volatility | 20.80% | ||
Expected dividends | 6.90% | ||
Exercise price | ₩ 57,562 | ||
Per share fair value of the option | ₩ | ₩ 947 | ||
Series 1-3 [member] | SK Square Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 2.07% | ||
Estimated option's life | yr | 7 | ||
Share price (Closing price on the preceding day) | ₩ 52,500 | ||
Expected volatility | 13.38% | ||
Expected dividends | 3.80% | ||
Exercise price | ₩ 57,562 | ||
Per share fair value of the option | ₩ | ₩ 3,096 | ||
Series 2 [member] | SK Telecom Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 3.65% | ||
Estimated option's life | yr | 5 | ||
Share price (Closing price on the preceding day) | ₩ 47,400 | ||
Expected volatility | 20.80% | ||
Expected dividends | 6.90% | ||
Exercise price | ₩ 50,824 | ||
Per share fair value of the option | ₩ | ₩ 357 | ||
Series 2 [member] | SK Square Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 2.63% | ||
Estimated option's life | yr | 5 | ||
Share price (Closing price on the preceding day) | ₩ 48,700 | ||
Expected volatility | 16.45% | ||
Expected dividends | 3.70% | ||
Exercise price | ₩ 50,824 | ||
Per share fair value of the option | ₩ | ₩ 4,798 | ||
Series 3 [member] | SK Telecom Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 3.70% | ||
Estimated option's life | yr | 5 | ||
Share price (Closing price on the preceding day) | ₩ 47,400 | ||
Expected volatility | 20.80% | ||
Expected dividends | 6.90% | ||
Exercise price | ₩ 53,052 | ||
Per share fair value of the option | ₩ | ₩ 1,639 | ||
Series 3 [member] | SK Square Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 1.91% | ||
Estimated option's life | yr | 5 | ||
Share price (Closing price on the preceding day) | ₩ 51,800 | ||
Expected volatility | 8.30% | ||
Expected dividends | 3.80% | ||
Exercise price | ₩ 53,052 | ||
Per share fair value of the option | ₩ | ₩ 1,720 | ||
Series 4 [member] | SK Telecom Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 3.70% | ||
Estimated option's life | yr | 5 | ||
Share price (Closing price on the preceding day) | ₩ 47,400 | ||
Expected volatility | 20.80% | ||
Expected dividends | 6.90% | ||
Exercise price | ₩ 50,862 | ||
Per share fair value of the option | ₩ | ₩ 2,289 | ||
Series 4 [member] | SK Square Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 1.78% | ||
Estimated option's life | yr | 5 | ||
Share price (Closing price on the preceding day) | ₩ 50,600 | ||
Expected volatility | 7.70% | ||
Expected dividends | 3.90% | ||
Exercise price | ₩ 50,862 | ||
Per share fair value of the option | ₩ | ₩ 1,622 | ||
Series 5 [member] | SK Telecom Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 3.76% | ||
Estimated option's life | yr | 7 | ||
Share price (Closing price on the preceding day) | ₩ 47,400 | ||
Expected volatility | 20.80% | ||
Expected dividends | 6.90% | ||
Exercise price | ₩ 38,452 | ||
Per share fair value of the option | ₩ | ₩ 9,628 | ||
Series 5 [member] | SK Square Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 1.52% | ||
Estimated option's life | yr | 7 | ||
Share price (Closing price on the preceding day) | ₩ 34,900 | ||
Expected volatility | 8.10% | ||
Expected dividends | 5.70% | ||
Exercise price | ₩ 38,452 | ||
Per share fair value of the option | ₩ | ₩ 192 | ||
Series 6 [member] | SK Telecom Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 3.74% | ||
Estimated option's life | yr | 5 | ||
Share price (Closing price on the preceding day) | ₩ 47,400 | ||
Expected volatility | 20.80% | ||
Expected dividends | 6.90% | ||
Exercise price | ₩ 50,276 | ||
Per share fair value of the option | ₩ | ₩ 3,837 | ||
Series 6 [member] | SK Square Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 1.55% | ||
Estimated option's life | yr | 5 | ||
Share price (Closing price on the preceding day) | ₩ 49,800 | ||
Expected volatility | 25.70% | ||
Expected dividends | 4% | ||
Exercise price | ₩ 50,276 | ||
Per share fair value of the option | ₩ | ₩ 8,142 | ||
Series 7-1 [member] | SK Telecom Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 3.75% | ||
Estimated option's life | yr | 7 | ||
Share price (Closing price on the preceding day) | ₩ 47,400 | ||
Expected volatility | 20.80% | ||
Expected dividends | 6.90% | ||
Exercise price | ₩ 56,860 | ||
Per share fair value of the option | ₩ | ₩ 3,153 | ||
Series 7-2 [member] | SK Telecom Co., Ltd. [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 3.76% | ||
Estimated option's life | yr | 5 | ||
Share price (Closing price on the preceding day) | ₩ 47,400 | ||
Expected volatility | 20.80% | ||
Expected dividends | 6.90% | ||
Exercise price | ₩ 56,860 | ||
Per share fair value of the option | ₩ | ₩ 2,693 | ||
Share Appreciation Rights Of SK Telecom Co., Ltd. [Member] | Cash settled share based payment arrangement [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 3.72% | 3.70% | |
Estimated option's life | yr | 3.25 | 3.25 | |
Share price (Closing price on the preceding day) | ₩ 47,400 | ₩ 47,400 | |
Expected volatility | 20.80% | 20.80% | |
Expected dividends | 6.90% | 6.90% | |
Exercise price | ₩ 56,860 | ₩ 50,276 | |
Per share fair value of the option | ₩ | ₩ 1,625 | ₩ 2,308 | |
Share Appreciation Rights of SK Square Co., Ltd. [Member] | Cash settled share based payment arrangement [Member] | |||
Disclosure of terms and conditions of share-based payment arrangement [line items] | |||
Risk-free interest rate | 3.70% | ||
Estimated option's life | yr | 3.25 | ||
Share price (Closing price on the preceding day) | ₩ 33,550 | ||
Expected volatility | 37.40% | ||
Expected dividends | 0% | ||
Exercise price | ₩ 50,276 | ||
Per share fair value of the option | ₩ | ₩ 1,760 |
Share based payment arrangeme_7
Share based payment arrangement - Additional Information (Detail) ₩ in Millions | Nov. 01, 2021 KRW (₩) shares mo | Oct. 12, 2021 shares | Dec. 31, 2022 KRW (₩) | Dec. 31, 2021 KRW (₩) |
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||||
Number of share options granted | shares | 505,350 | |||
Option life, share options granted | mo | 6 | |||
Weighted average fair value at measurement date, share options granted | ₩ 300,500 | |||
Borrowings | ₩ 906 | ₩ 1,774 | ||
Number of share options transferred | shares | 7,700 | |||
Share Based Payment Arrangement With Cash Alternatives [Member] | Parent [member] | Accrued Liabilities [Member] | ||||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||||
Liability from share based compensation | ₩ 4,221 | |||
Bottom of range [member] | ||||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||||
Expense from share-based payment transactions | ₩ 9,935 | |||
Top of range [member] | ||||
Disclosure of terms and conditions of share-based payment arrangement [line items] | ||||
Expense from share-based payment transactions | ₩ 151,858 |
Retained Earnings - Summary of
Retained Earnings - Summary of Retained Earnings (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of reserves within equity [abstract] | ||
Legal reserve | ₩ 22,320 | ₩ 22,320 |
Reserve for business expansion | 9,631,138 | 11,631,138 |
Reserve for technology development | 4,365,300 | 4,365,300 |
Appropriated retained earnings | 13,996,438 | 15,996,438 |
Unappropriated retained earnings | 8,444,953 | 6,418,583 |
Retained earnings | ₩ 22,463,711 | ₩ 22,437,341 |
Retained Earnings - Additional
Retained Earnings - Additional Information (Detail) | 12 Months Ended |
Dec. 31, 2022 | |
Disclosure of reserves within equity [abstract] | |
Legal reserve as a percentage of cash dividends paid | 10% |
Legal reserve as a percentage of outstanding share capital | 50% |
Reserves - Details of Reserves,
Reserves - Details of Reserves, Net of Taxes (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure of reserves within equity [abstract] | |||
Valuation gain on FVOCI | ₩ 173,281 | ₩ 633,240 | |
Other comprehensive gain (loss) of investments in associates and joint ventures | 173,477 | 53,770 | |
Valuation gain on derivatives | 14,463 | 33,918 | |
Foreign currency translation differences for foreign operations | 30,012 | 14,310 | |
Total reserves, net of taxes | ₩ 391,233 | ₩ 735,238 | ₩ 40,139 |
Reserves - Changes in Reserves
Reserves - Changes in Reserves (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of reserves within equity [Line Items] | ||
Balance as of December 31 | ₩ 735,238 | ₩ 40,139 |
Changes, net of taxes | (344,005) | 695,099 |
Balance as of December 31 | 391,233 | 735,238 |
Valuation gain (loss) on financial assets at FVOCI [member] | ||
Disclosure of reserves within equity [Line Items] | ||
Balance as of December 31 | 633,240 | 438,979 |
Changes, net of taxes | (459,959) | 194,261 |
Balance as of December 31 | 173,281 | 633,240 |
Other comprehensive loss of investments in associates [Member] | ||
Disclosure of reserves within equity [Line Items] | ||
Balance as of December 31 | 53,770 | (392,333) |
Changes, net of taxes | 119,707 | 446,103 |
Balance as of December 31 | 173,477 | 53,770 |
Valuation gain (loss) on derivatives [Member] | ||
Disclosure of reserves within equity [Line Items] | ||
Balance as of December 31 | 33,918 | 17,615 |
Changes, net of taxes | (19,455) | 16,303 |
Balance as of December 31 | 14,463 | 33,918 |
Foreign currency translation differences for foreign operations [Member] | ||
Disclosure of reserves within equity [Line Items] | ||
Balance as of December 31 | 14,310 | (24,122) |
Changes, net of taxes | 15,702 | 38,432 |
Balance as of December 31 | ₩ 30,012 | ₩ 14,310 |
Reserves - Changes In Valuation
Reserves - Changes In Valuation Gain (Loss) On Financial Assets At FVOCI (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of reserves within equity [Line Items] | ||
Balance as of December 31 | ₩ 735,238 | ₩ 40,139 |
Balance as of December 31 | 391,233 | 735,238 |
Valuation gain (loss) on financial assets at FVOCI [member] | ||
Disclosure of reserves within equity [Line Items] | ||
Balance as of December 31 | 633,240 | 438,979 |
Amount recognized as other comprehensive income (loss) for the year, net of taxes | (490,959) | 627,833 |
Amount reclassified to retained earnings, net of taxes | 31,000 | (12,429) |
Changes from spin-off, net of taxes | 0 | (421,143) |
Balance as of December 31 | ₩ 173,281 | ₩ 633,240 |
Reserves - Changes in Valuati_2
Reserves - Changes in Valuation Gain (Loss) on Derivatives (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of reserves within equity [Line Items] | ||
Balance as of December 31 | ₩ 735,238 | ₩ 40,139 |
Balance as of December 31 | 391,233 | 735,238 |
Valuation gain (loss) on derivatives [Member] | ||
Disclosure of reserves within equity [Line Items] | ||
Balance as of December 31 | 33,918 | 17,615 |
Amount recognized as other comprehensive income (loss) for the year, net of taxes | (25,630) | 9,731 |
Amount reclassified to profit, net of taxes | 6,175 | 6,572 |
Balance as of December 31 | ₩ 14,463 | ₩ 33,918 |
Other Operating Income and Ex_3
Other Operating Income and Expenses - Details of Other Operating Income and Expenses (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Other Operating Income: | |||
Gain on disposal of property and equipment and intangible assets | ₩ 15,985 | ₩ 40,109 | ₩ 35,644 |
Other operating income | 56,259 | 115,763 | 95,751 |
Other Operating Expenses: | |||
Research and development | 340,864 | 406,672 | 416,445 |
Bad debt for accounts receivable - trade | 27,053 | 31,546 | 48,625 |
Loss on disposal of property and equipment and intangible assets | 20,465 | 47,369 | 41,598 |
Impairment loss on property and equipment and intangible assets | 17,027 | 3,135 | 208,833 |
Other operating expenses | 1,528,976 | 1,431,587 | 1,658,362 |
Parent Company [Member] | |||
Other Operating Income: | |||
Gain on disposal of property and equipment and intangible assets | 15,985 | 39,136 | 34,625 |
Others | 40,274 | 76,627 | 61,126 |
Other operating income | 56,259 | 115,763 | 95,751 |
Other Operating Expenses: | |||
Communication | 31,881 | 32,462 | 34,462 |
Utilities | 401,025 | 350,678 | 336,187 |
Taxes and dues | 49,445 | 33,935 | 34,577 |
Repair | 435,572 | 425,606 | 399,376 |
Research and development | 340,864 | 347,711 | 353,198 |
Training | 39,632 | 31,761 | 33,384 |
Bad debt for accounts receivable - trade | 27,053 | 29,402 | 45,002 |
Travel | 15,684 | 7,813 | 7,534 |
Supplies and other | 113,839 | 101,656 | 105,333 |
Loss on disposal of property and equipment and intangible assets | 20,465 | 28,158 | 25,633 |
Impairment loss on property and equipment and intangible assets | 17,027 | 3,135 | 200,705 |
Donations | 13,125 | 12,800 | 16,051 |
Bad debt for accounts receivable - other | 3,011 | 3,995 | 6,640 |
Others | 20,353 | 22,475 | 60,280 |
Other operating expenses | ₩ 1,528,976 | ₩ 1,431,587 | ₩ 1,658,362 |
Finance Income and Costs - Deta
Finance Income and Costs - Details of Finance Income and Costs (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Finance Income: | |||
Interest income | ₩ 58,472 | ₩ 36,708 | ₩ 37,030 |
Gain on sale of accounts receivable — other | 1,043 | 27,725 | 22,605 |
Dividends | 2,552 | 12,039 | 1,170 |
Gain on foreign currency transactions | 21,283 | 10,987 | 9,029 |
Gain on foreign currency translations | 2,095 | 10,753 | 8,928 |
Gain relating to financial instruments at FVTPL | 94,393 | 60,169 | 62,963 |
Finance income | 179,838 | 155,133 | 140,685 |
Finance Costs: | |||
Interest expense | 328,307 | 342,342 | 399,176 |
Loss on sale of accounts receivable — other | 61,841 | 0 | 0 |
Loss on foreign currency transactions | 19,485 | 12,270 | 11,053 |
Loss on foreign currency translations | 3,814 | 8,005 | 12,730 |
Loss on disposal of long-term investment securities | 0 | 0 | 98 |
Loss relating to financial instruments at FVTPL | 41,597 | 16,833 | 13,847 |
Loss on disposal of investment assets | 1,283 | 0 | 0 |
Finance costs | 456,327 | 315,604 | 322,943 |
Parent Company [Member] | |||
Finance Income: | |||
Gain on foreign currency translations | 2,095 | 7,505 | 7,888 |
Finance income | 179,838 | 202,550 | 241,196 |
Finance Costs: | |||
Interest expense | 328,307 | 279,737 | 288,972 |
Loss on foreign currency translations | 3,814 | 6,764 | 8,973 |
Finance costs | ₩ 456,327 | ₩ 585,427 | ₩ 497,193 |
Finance Income and Costs - De_2
Finance Income and Costs - Details of Interest Income Included in Finance Income (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Analysis of income and expense [abstract] | |||
Interest income on cash equivalents and financial instruments | ₩ 27,991 | ₩ 16,141 | ₩ 24,378 |
Interest income on loans and others | 30,481 | 27,709 | 25,979 |
Interest income | ₩ 58,472 | ₩ 43,850 | ₩ 50,357 |
Finance Income and Costs - De_3
Finance Income and Costs - Details of Interest Expenses Included in Finance Income (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Analysis of income and expense [abstract] | |||
Interest expense on borrowings | ₩ 25,736 | ₩ 66,188 | ₩ 116,397 |
Interest expense on debentures | 217,475 | 224,144 | 225,309 |
Others | 85,096 | 52,010 | 57,470 |
Interest expense | ₩ 328,307 | ₩ 342,342 | ₩ 399,176 |
Finance Income and Costs - Fina
Finance Income and Costs - Finance Income and Costs by Category of Financial Instruments (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of detailed information about financial instruments [Line items] | |||
Finance income | ₩ 179,838 | ₩ 155,133 | ₩ 140,685 |
Finance costs | 456,327 | 315,604 | 322,943 |
Derivatives designated as hedging instrument | (21,366) | 16,133 | 19,138 |
Other comprehensive income (loss) for the year, net of taxes | (306,226) | 1,362,192 | 461,822 |
Parent Company [Member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Finance income | 179,838 | 202,550 | 241,196 |
Finance costs | 456,327 | 585,427 | 497,193 |
Financial assets, class [member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Financial assets at FVOCI | (491,853) | 920,871 | 579,678 |
Derivatives designated as hedging instrument | (21,548) | 15,427 | 24,320 |
Other comprehensive income (loss) for the year, net of taxes | (513,401) | 936,298 | 603,998 |
Financial assets, class [member] | Parent Company [Member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Finance income | 150,571 | 201,943 | 227,382 |
Finance costs | 127,815 | 222,380 | 82,194 |
Financial liabilities, class [member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Derivatives designated as hedging instrument | 182 | 706 | (5,182) |
Financial liabilities, class [member] | Parent Company [Member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Finance income | 29,267 | 607 | 13,814 |
Finance costs | 328,512 | 363,047 | 414,999 |
Financial instruments [member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Other comprehensive income (loss) for the year, net of taxes | (513,219) | 937,004 | 598,816 |
Financial assets at fair value through profit or loss [member] | Parent Company [Member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Finance income | 104,068 | 149,590 | 180,254 |
Finance costs | 103,292 | 67,503 | 10,894 |
Financial liabilities at fair value through profit or loss [member] | Parent Company [Member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Finance income | 18,432 | 0 | |
Finance costs | 0 | 8,036 | 12,115 |
Financial liabilities measured at amortised cost [Member] | Parent Company [Member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Finance income | 10,835 | 607 | 6,434 |
Finance costs | 328,512 | 355,011 | 400,678 |
Derivatives hedging instrument [member] | Parent Company [Member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Finance income | 7,380 | ||
Finance costs | 2,206 | ||
Financial assets at FVOCI [member] | Parent Company [Member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Finance income | 1,495 | 3,413 | 993 |
Finance costs | 1,283 | 142,015 | 44,832 |
Financial assets at amortised cost, class [member] | Parent Company [Member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Finance income | 45,008 | 48,940 | 46,135 |
Finance costs | 23,094 | 12,262 | 24,601 |
Derivatives designated as hedging instrument [member] | Parent Company [Member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Finance income | 0 | 0 | |
Finance costs | ₩ 146 | ₩ 600 | ₩ 1,867 |
Finance Income and Costs - De_4
Finance Income and Costs - Details of Impairment Losses for Financial Assets (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of detailed information about financial instruments [Line items] | |||
Impairment losses for financial assets | ₩ 30,064 | ₩ 37,547 | ₩ 59,184 |
Accounts receivable - trade [member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Impairment losses for financial assets | 27,053 | 31,546 | 48,625 |
Other receivables [member] | |||
Disclosure of detailed information about financial instruments [Line items] | |||
Impairment losses for financial assets | ₩ 3,011 | ₩ 6,001 | ₩ 10,559 |
Income Tax Expense - Summary of
Income Tax Expense - Summary of Income Tax Expenses (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Current tax expense: | |||
Current year | ₩ 274,902 | ₩ 319,539 | ₩ 286,717 |
Current tax of prior years | 73,477 | 705 | 14,536 |
Current tax expense | 348,379 | 320,244 | 301,253 |
Deferred tax expense: | |||
Changes in net deferred tax assets | (60,058) | 331,704 | 75,249 |
Income tax expense | |||
Tax expense of continuing operation | 288,321 | 651,948 | 376,502 |
Continue operations [member] | |||
Income tax expense | |||
Tax expense of continuing operation | 288,321 | 446,796 | 221,262 |
Discontinued operations [member] | |||
Income tax expense | |||
Tax expense of discontinued operation | ₩ 0 | ₩ 205,152 | ₩ 155,240 |
Income Tax Expense - Difference
Income Tax Expense - Difference Between Income Taxes Computed using the Statutory Corporate Income Tax Rates and the Recorded Income Taxes (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Reconciliation of average effective tax rate and applicable tax rate [abstract] | |||
Income taxes at statutory income tax rate | ₩ 329,580 | ₩ 834,146 | ₩ 505,824 |
Non-taxable income | (14,969) | (13,924) | (41,084) |
Non-deductible expenses | 24,679 | 15,329 | 31,882 |
Tax credit and tax reduction | (10,300) | (62,075) | (48,774) |
Changes in unrecognized deferred taxes | 21,057 | (68,589) | (69,776) |
Changes in tax rate | (42,307) | (36,193) | 24,537 |
Income tax refund and others | (19,419) | (16,746) | (26,107) |
Income tax expense | ₩ 288,321 | ₩ 651,948 | ₩ 376,502 |
Income Tax Expense - Deferred T
Income Tax Expense - Deferred Taxes Directly Charged to (Credited from) Equity (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Deferred taxes directly charged to (credited from) equity | ₩ 122,951 | ₩ (191,043) | ₩ (173,676) |
Valuation gain (loss) on financial assets measured at fair value [member] | |||
Deferred taxes directly charged to (credited from) equity | 167,249 | (208,490) | (166,612) |
Share of other comprehensive loss of investment in associates and joint ventures [member] | |||
Deferred taxes directly charged to (credited from) equity | (2,972) | (34) | (14) |
Valuation gain (loss) on derivatives [member] | |||
Deferred taxes directly charged to (credited from) equity | 7,649 | (5,709) | (6,886) |
Remeasurement of defined benefit liabilities [member] | |||
Deferred taxes directly charged to (credited from) equity | (20,867) | (3,780) | (164) |
Gain (loss) on disposal of treasury shares and others [member] | |||
Deferred taxes directly charged to (credited from) equity | ₩ (28,108) | ₩ 26,970 | ₩ 0 |
Income Tax Expense - Details of
Income Tax Expense - Details of the Changes in Deferred Tax Assets (Liabilities) (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | ₩ (941,173) | ₩ (2,603,987) | |
Deferred tax expense (income) | 60,058 | (331,704) | |
Directly charged to (credited from) equity | 122,951 | (191,043) | ₩ (173,676) |
Business combinations | 1,258 | (1,158) | |
Spin-off | 2,186,719 | ||
Ending | (756,906) | (941,173) | (2,603,987) |
Loss allowance [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | 77,357 | 91,285 | |
Deferred tax expense (income) | (2,315) | (8,397) | |
Directly charged to (credited from) equity | 0 | 0 | |
Business combinations | 0 | 0 | |
Spin-off | (5,531) | ||
Ending | 75,042 | 77,357 | 91,285 |
Accrued interest income [Member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | (166) | (1,631) | |
Deferred tax expense (income) | (5,057) | (2,022) | |
Directly charged to (credited from) equity | 0 | 0 | |
Business combinations | (2,680) | 0 | |
Spin-off | 3,487 | ||
Ending | (7,903) | (166) | (1,631) |
Financial assets measured at fair value [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | (157,828) | (81,055) | |
Deferred tax expense (income) | (19,592) | (6,765) | |
Directly charged to (credited from) equity | 167,249 | (208,490) | |
Business combinations | 0 | 0 | |
Spin-off | 138,482 | ||
Ending | (10,171) | (157,828) | (81,055) |
Investments in subsidiaries, associates and joint ventures [Member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | (31,817) | (1,673,906) | |
Deferred tax expense (income) | 51,635 | (281,035) | |
Directly charged to (credited from) equity | (2,972) | (34) | |
Business combinations | 0 | 0 | |
Spin-off | 1,923,158 | ||
Ending | 16,846 | (31,817) | (1,673,906) |
Property equipment and intangible assets [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | (305,967) | (511,862) | |
Deferred tax expense (income) | (46,895) | (42,456) | |
Directly charged to (credited from) equity | 0 | 0 | |
Business combinations | 257 | (1,023) | |
Spin-off | 249,374 | ||
Ending | (352,605) | (305,967) | (511,862) |
Provisions [Member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | 4,198 | 6,294 | |
Deferred tax expense (income) | (2,569) | (1,436) | |
Directly charged to (credited from) equity | 0 | 0 | |
Business combinations | 0 | 0 | |
Spin-off | (660) | ||
Ending | 1,629 | 4,198 | 6,294 |
Retirement benefit obligation [Member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | 52,332 | 102,285 | |
Deferred tax expense (income) | (875) | (3,563) | |
Directly charged to (credited from) equity | (20,867) | (3,780) | |
Business combinations | 29 | 0 | |
Spin-off | (42,610) | ||
Ending | 30,619 | 52,332 | 102,285 |
Valuation gain (loss) on derivatives [Member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | 6,336 | 14,767 | |
Deferred tax expense (income) | (1,217) | 210 | |
Directly charged to (credited from) equity | 7,649 | (5,709) | |
Business combinations | 0 | 0 | |
Spin-off | (2,932) | ||
Ending | 12,768 | 6,336 | 14,767 |
Foreign currency translation differences for foreign operations [Member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | 21,378 | 21,774 | |
Deferred tax expense (income) | (745) | (396) | |
Directly charged to (credited from) equity | 0 | 0 | |
Business combinations | 0 | 0 | |
Spin-off | 0 | ||
Ending | 20,633 | 21,378 | 21,774 |
Incremental costs to acquire contract [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | (749,871) | (807,831) | |
Deferred tax expense (income) | 26,971 | 53,492 | |
Directly charged to (credited from) equity | 0 | 0 | |
Business combinations | 0 | 0 | |
Spin-off | 4,468 | ||
Ending | (722,900) | (749,871) | (807,831) |
Contract assets and liabilities [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | (2,201) | (2,606) | |
Deferred tax expense (income) | 6,480 | 405 | |
Directly charged to (credited from) equity | 0 | 0 | |
Business combinations | 0 | 0 | |
Spin-off | 0 | ||
Ending | 4,279 | (2,201) | (2,606) |
Right-of-use assets [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | (389,502) | (372,297) | |
Deferred tax expense (income) | (41,895) | (35,851) | |
Directly charged to (credited from) equity | 0 | 0 | |
Business combinations | 0 | 0 | |
Spin-off | 18,646 | ||
Ending | (431,397) | (389,502) | (372,297) |
Lease liabilities [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | 381,537 | 362,476 | |
Deferred tax expense (income) | 47,111 | 38,600 | |
Directly charged to (credited from) equity | 0 | 0 | |
Business combinations | 0 | 0 | |
Spin-off | (19,539) | ||
Ending | 428,648 | 381,537 | 362,476 |
Others [Member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | 68,481 | 120,514 | |
Deferred tax expense (income) | 41,691 | (95,537) | |
Directly charged to (credited from) equity | (28,108) | 26,970 | |
Business combinations | 3,652 | (135) | |
Spin-off | 16,669 | ||
Ending | 85,716 | 68,481 | 120,514 |
Temporary differences [Member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | (1,025,733) | (2,731,793) | |
Deferred tax expense (income) | 52,728 | (384,751) | |
Directly charged to (credited from) equity | 122,951 | (191,043) | |
Business combinations | 1,258 | (1,158) | |
Spin-off | 2,283,012 | ||
Ending | (848,796) | (1,025,733) | (2,731,793) |
Deferred tax assets related to unused tax loss carryforwards and tax credit carryforwards [Member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | 84,560 | 127,806 | |
Deferred tax expense (income) | 7,330 | 53,047 | |
Directly charged to (credited from) equity | 0 | 0 | |
Business combinations | 0 | 0 | |
Spin-off | (96,293) | ||
Ending | 91,890 | 84,560 | 127,806 |
Tax loss carryforwards [Member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | 0 | 88,223 | |
Deferred tax expense (income) | 2,007 | 7,915 | |
Directly charged to (credited from) equity | 0 | 0 | |
Business combinations | 0 | 0 | |
Spin-off | (96,138) | ||
Ending | 2,007 | 0 | 88,223 |
Unused tax credits [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning | 84,560 | 39,583 | |
Deferred tax expense (income) | 5,323 | 45,132 | |
Directly charged to (credited from) equity | 0 | 0 | |
Business combinations | 0 | 0 | |
Spin-off | (155) | ||
Ending | ₩ 89,883 | ₩ 84,560 | ₩ 39,583 |
Income Tax Expense - Details _2
Income Tax Expense - Details of Temporary Differences, Unused Tax Loss Carryforwards and Unused Tax Credits Carryforwards Which are Not Recognized as Deferred Tax Assets (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||
Investments in subsidiaries, associates and joint ventures | ₩ (434,253) | ₩ (176,520) |
Unused tax loss carryforwards | 229,410 | 347,889 |
Unused tax credit carryforwards | 0 | 34 |
Loss allowance [Member] | ||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||
Temporary differences | 85,969 | 85,998 |
Others [Member] | ||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||
Temporary differences | ₩ 61,817 | ₩ 61,368 |
Income Tax Expense - Unused Tax
Income Tax Expense - Unused Tax Loss Carryforwards and Unused Tax Credit Carryforwards Which are Not Recognized as Deferred Tax Assets (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||
Unused tax loss carryforwards | ₩ 229,410 | ₩ 347,889 |
Less than 1 year [member] | ||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||
Unused tax loss carryforwards | 0 | |
1 ~ 2 years [Member] | ||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||
Unused tax loss carryforwards | 11,544 | |
2 ~ 3 years [Member] | ||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||
Unused tax loss carryforwards | 14,345 | |
More than 3 years [Member] | ||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||
Unused tax loss carryforwards | ₩ 203,521 |
Earnings per Share - Summary of
Earnings per Share - Summary of Basic Earnings Per Share (Detail) - KRW (₩) ₩ / shares in Units, ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Basic earnings per share attributable to owners of the Parent Company: | |||
Profit from continuing operation attributable to owners of the Parent Company | ₩ 912,400 | ₩ 2,407,523 | ₩ 1,504,352 |
Interest on hybrid bonds | (14,766) | (14,766) | (14,766) |
Profit from continuing operation attributable to owners of the Parent Company on common shares | 947,831 | 1,271,395 | 683,956 |
Profit from discontinued operation attributable to owners of the Parent Company on common shares | ₩ 0 | ₩ 1,147,594 | ₩ 816,582 |
Continuing operation | ₩ 4,118 | ₩ 3,614 | ₩ 1,741 |
Parent Company [Member] | |||
Basic earnings per share attributable to owners of the Parent Company: | |||
Profit from continuing operation attributable to owners of the Parent Company | ₩ 912,400 | ₩ 1,217,520 | ₩ 648,579 |
Interest on hybrid bonds | (14,766) | (14,766) | (14,766) |
Profit from continuing operation attributable to owners of the Parent Company on common shares | 897,634 | 1,202,754 | 633,813 |
Profit from discontinued operation attributable to owners of the Parent Company on common shares | ₩ 0 | ₩ 1,190,003 | ₩ 855,773 |
Weighted average number of common shares outstanding | 217,994,490 | 332,761,592 | 363,977,155 |
Continuing operation | ₩ 4,118 | ₩ 3,614 | ₩ 1,741 |
Discontinued operation | ₩ 0 | ₩ 3,576 | ₩ 2,352 |
Earnings per Share - Weighted A
Earnings per Share - Weighted Average Number of Common Shares Outstanding (Detail) - shares | Dec. 31, 2022 | Jan. 01, 2022 | Dec. 31, 2021 | Jan. 01, 2021 | Dec. 31, 2020 |
Earnings per Share [Line Items] | |||||
Issued shares | 218,833,144 | 218,833,144 | 80,745,711 | ||
Number of common shares outstanding | 218,032,053 | 217,582,152 | 217,582,152 | 356,635,765 | 365,682,240 |
Parent Company [Member] | |||||
Earnings per Share [Line Items] | |||||
Issued shares | 218,833,144 | 403,728,555 | 403,728,555 | ||
Treasury shares | (1,250,992) | (47,092,790) | (38,046,315) | ||
Acquisition of treasury shares | (1,494,032) | (9,046,475) | |||
Disposal of treasury shares | 449,901 | 3,134,003 | |||
Spin-off | (140,693,584) | ||||
Number of common shares outstanding | 218,032,053 | 217,582,152 | 356,635,765 | ||
Weighted average shares issued | 218,833,144 | 403,728,555 | 403,728,555 | ||
Weighted average treasury shares | (1,250,992) | (47,092,790) | (38,046,315) | ||
Acquisition of weighted average treasury shares | (1,383,241) | (1,705,085) | |||
Disposal of weighted average treasury shares | 412,338 | 1,022,242 | |||
Spin-off of weighted average treasury shares | (23,513,174) | ||||
Number of weighted average shares outstanding | 217,994,490 | 332,761,592 | 363,977,155 |
Earnings per Share - Summary _2
Earnings per Share - Summary Of Detailed Information Of Diluted Earnings Per Share (Detail) - KRW (₩) ₩ / shares in Units, ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Statement [Line Items] | |||
Profit from continuing operation attributable to owners of the Parent Company on common shares | ₩ 947,831 | ₩ 1,271,395 | ₩ 683,956 |
Profit from discontinued operation attributable to owners of the Parent Company on common shares | ₩ 0 | ₩ 1,147,594 | ₩ 816,582 |
Adjusted weighted average number of common shares outstanding | 218,108,742 | 332,917,848 | 364,041,895 |
Continuing operation | ₩ 4,116 | ₩ 3,613 | ₩ 1,741 |
Parent Company [Member] | |||
Statement [Line Items] | |||
Profit from continuing operation attributable to owners of the Parent Company on common shares | ₩ 897,634 | ₩ 1,202,754 | ₩ 633,813 |
Profit from discontinued operation attributable to owners of the Parent Company on common shares | ₩ 0 | ₩ 1,190,003 | ₩ 855,773 |
Adjusted weighted average number of common shares outstanding | 218,108,742 | 332,917,848 | 364,041,895 |
Continuing operation | ₩ 4,116 | ₩ 3,613 | ₩ 1,741 |
Discontinued operation | ₩ 3,574 | ₩ 2,351 |
Earnings Per Share - Summary _3
Earnings Per Share - Summary Of Weighted Average Number Of Diluted Common Shares Outstanding (Detail) - shares | 12 Months Ended | ||||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Jan. 01, 2022 | Jan. 01, 2021 | |
Statement [Line Items] | |||||
Outstanding shares | 218,032,053 | 217,582,152 | 365,682,240 | 217,582,152 | 356,635,765 |
Effect of treasury shares | 412,338 | (360,999) | (1,705,085) | ||
Effect of Spin-off | (23,513,174) | ||||
Adjusted weighted average number of common shares outstanding | 218,108,742 | 332,917,848 | 364,041,895 | ||
Share Option [member] | |||||
Statement [Line Items] | |||||
Adjusted weighted average number of common shares outstanding | 114,252 | 156,256 | 64,740 |
Dividends - Details of Dividend
Dividends - Details of Dividend Declared (Detail) - KRW (₩) ₩ / shares in Units, ₩ in Millions | 12 Months Ended | ||||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Jan. 01, 2022 | Jan. 01, 2021 | |
Disclosure of dividends [Line Items] | |||||
Dividend type | Cash dividends | Cash dividends | Cash dividends | ||
Number of shares outstanding | 218,032,053 | 217,582,152 | 365,682,240 | 217,582,152 | 356,635,765 |
Face value (in won) | ₩ 100 | ₩ 100 | |||
Dividends | ₩ 723,843 | ₩ 716,990 | ₩ 715,080 | ||
Interim Dividend One [Member] | |||||
Disclosure of dividends [Line Items] | |||||
Number of shares outstanding | 218,032,053 | ||||
Face value (in won) | ₩ 100 | ||||
Dividend ratio | 830% | ||||
Dividends | ₩ 180,967 | ||||
Interim Dividend Two [Member] | |||||
Disclosure of dividends [Line Items] | |||||
Number of shares outstanding | 218,032,053 | ||||
Face value (in won) | ₩ 100 | ||||
Dividend ratio | 830% | ||||
Dividends | ₩ 180,967 | ||||
Interim [Member] | |||||
Disclosure of dividends [Line Items] | |||||
Dividend type | Cash dividends (Interim) | Cash dividends (Interim) | Cash dividends (Interim) | ||
Number of shares outstanding | 218,002,830 | 217,616,645 | 73,136,448 | ||
Face value (in won) | ₩ 100 | ₩ 100 | ₩ 500 | ||
Dividend ratio | 830% | 1,635% | 200% | ||
Dividends | ₩ 180,942 | ₩ 355,804 | ₩ 73,136 | ||
Year-end [Member] | |||||
Disclosure of dividends [Line Items] | |||||
Number of shares outstanding | 218,032,053 | 217,582,152 | 71,327,153 | ||
Face value (in won) | ₩ 100 | ₩ 100 | ₩ 500 | ||
Dividend ratio | 830% | 1,660% | 1,800% | ||
Dividends | ₩ 180,967 | ₩ 361,186 | ₩ 641,944 |
Dividends - Dividends Yield Rat
Dividends - Dividends Yield Ratios (Detail) - ₩ / shares | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of Dividends [abstract] | |||
Dividend type | Cash dividends | Cash dividends | Cash dividends |
Dividend per share | ₩ 3,320 | ₩ 3,295 | ₩ 10,000 |
Closing price at year-end | ₩ 47,400 | ₩ 57,900 | ₩ 238,000 |
Dividend yield ratio | 7% | 5.69% | 4.20% |
Categories of Financial Instr_3
Categories of Financial Instruments - Financial Assets by Category (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of financial assets [line items] | ||||
Cash and cash equivalents | ₩ 1,882,291 | ₩ 872,731 | ₩ 1,369,653 | ₩ 1,270,824 |
Financial instruments | 237,605 | 509,052 | ||
Short-term investment securities | 0 | 5,010 | ||
Long-term investment securities | 1,410,736 | 1,715,078 | ||
Accounts receivable — trade | 1,984,772 | 1,921,617 | ||
Loans and other receivables | 1,241,672 | 1,195,917 | ||
Derivative financial assets | 321,160 | 217,594 | ||
Assets | 7,078,236 | 6,436,999 | ||
Financial assets at fair value through profit or loss [member] | ||||
Disclosure of financial assets [line items] | ||||
Cash and cash equivalents | 245,982 | 505,578 | ||
Financial instruments | 148,365 | 389,368 | ||
Short-term investment securities | 5,010 | |||
Long-term investment securities | 221,139 | 203,473 | ||
Loans and other receivables | 332,669 | 459,959 | ||
Derivative financial assets | 54,009 | 34,933 | ||
Assets | 1,002,164 | 1,598,321 | ||
Derivatives hedging instrument [member] | ||||
Disclosure of financial assets [line items] | ||||
Derivative financial assets | 267,151 | 182,661 | ||
Assets | 267,151 | 182,661 | ||
Equity instruments at FVOCI [member] | ||||
Disclosure of financial assets [line items] | ||||
Long-term investment securities | 1,189,597 | 1,510,428 | ||
Assets | 1,189,597 | 1,510,428 | ||
Debt instruments at FVOCI [member] | ||||
Disclosure of financial assets [line items] | ||||
Long-term investment securities | 1,177 | |||
Assets | 1,177 | |||
Financial assets at amortised cost [member] | ||||
Disclosure of financial assets [line items] | ||||
Cash and cash equivalents | 1,636,309 | 367,153 | ||
Financial instruments | 89,240 | 119,684 | ||
Accounts receivable — trade | 1,984,772 | 1,921,617 | ||
Loans and other receivables | 909,003 | 735,958 | ||
Assets | ₩ 4,619,324 | ₩ 3,144,412 |
Categories of Financial Instr_4
Categories of Financial Instruments - Financial Assets by Category (Parenthetical) (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of financial assets [line items] | ||
Long-term investment securities | ₩ 1,410,736 | ₩ 1,715,078 |
Equity instruments at FVOCI [member] | ||
Disclosure of financial assets [line items] | ||
Long-term investment securities | ₩ 1,189,597 | ₩ 1,510,428 |
Categories of Financial Instr_5
Categories of Financial Instruments - Financial Liabilities by Category (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of financial liabilities [line items] | |||
Accounts payable — trade | ₩ 89,255 | ₩ 190,559 | |
Derivative financial liabilities | 302,593 | 321,136 | |
Borrowings | 936,110 | 407,185 | |
Debentures | 8,366,694 | 8,426,683 | |
Lease liabilities | [1] | 1,782,057 | 1,534,282 |
Accounts payable — other and others | 5,505,465 | 5,524,692 | |
Financial liabilities | 16,982,174 | 16,404,537 | |
Financial liabilities at fair value through profit or loss [member] | |||
Disclosure of financial liabilities [line items] | |||
Derivative financial liabilities | 302,593 | 321,025 | |
Financial liabilities | 302,593 | 321,025 | |
Financial liabilities measured at amortized cost [Member] | |||
Disclosure of financial liabilities [line items] | |||
Accounts payable — trade | 89,255 | 190,559 | |
Borrowings | 936,110 | 407,185 | |
Debentures | 8,366,694 | 8,426,683 | |
Lease liabilities | [1] | 1,782,057 | 1,534,282 |
Accounts payable — other and others | 5,505,465 | 5,524,692 | |
Financial liabilities | ₩ 16,679,581 | 16,083,401 | |
Derivatives hedging instrument [member] | |||
Disclosure of financial liabilities [line items] | |||
Derivative financial liabilities | 111 | ||
Financial liabilities | ₩ 111 | ||
[1]Lease liabilities are not applicable on category of financial liabilities, but are classified as financial liabilities measured at amortized cost on consideration of nature for measurement of liabilities. |
Financial Risk Management - Mon
Financial Risk Management - Monetary Assets and Liabilities Denominated in Foreign Currencies (Detail) € in Thousands, $ in Thousands, ₩ in Millions | Dec. 31, 2022 KRW (₩) | Dec. 31, 2022 USD ($) | Dec. 31, 2022 EUR (€) | Dec. 31, 2021 KRW (₩) |
Disclosure of detailed information about financial instruments [Line items] | ||||
Monetary assets denominated in foreign currencies | ₩ 7,078,236 | ₩ 6,436,999 | ||
Monetary liabilities denominated in foreign currencies | 16,982,174 | ₩ 16,404,537 | ||
Currency risk [member] | ||||
Disclosure of detailed information about financial instruments [Line items] | ||||
Monetary assets denominated in foreign currencies | 75,529 | $ 53,243 | € 5,626 | |
Monetary liabilities denominated in foreign currencies | 1,923,874 | $ 1,517,930 | € 20 | |
Currency risk [member] | US Dollar [member] | ||||
Disclosure of detailed information about financial instruments [Line items] | ||||
Monetary assets denominated in foreign currencies | 67,475 | |||
Monetary liabilities denominated in foreign currencies | 1,923,672 | |||
Currency risk [member] | Euro [member] | ||||
Disclosure of detailed information about financial instruments [Line items] | ||||
Monetary assets denominated in foreign currencies | 7,602 | |||
Monetary liabilities denominated in foreign currencies | 27 | |||
Currency risk [member] | Other currencies [member] | ||||
Disclosure of detailed information about financial instruments [Line items] | ||||
Monetary assets denominated in foreign currencies | 452 | |||
Monetary liabilities denominated in foreign currencies | ₩ 175 |
Financial Risk Management - Imp
Financial Risk Management - Impact on Income Before Income Tax of a Hypothetical Change in Exchange Rates (Detail) - Currency risk [member] ₩ in Millions | Dec. 31, 2022 KRW (₩) |
If increased by 10% [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Hypothetical increase (reduce) the Group's income before income tax | ₩ 4,719 |
If decreased by 10% [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Hypothetical increase (reduce) the Group's income before income tax | (4,719) |
US Dollar [member] | If increased by 10% [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Hypothetical increase (reduce) the Group's income before income tax | 3,933 |
US Dollar [member] | If decreased by 10% [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Hypothetical increase (reduce) the Group's income before income tax | (3,933) |
Euro [member] | If increased by 10% [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Hypothetical increase (reduce) the Group's income before income tax | 758 |
Euro [member] | If decreased by 10% [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Hypothetical increase (reduce) the Group's income before income tax | (758) |
Other currencies [member] | If increased by 10% [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Hypothetical increase (reduce) the Group's income before income tax | 28 |
Other currencies [member] | If decreased by 10% [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Hypothetical increase (reduce) the Group's income before income tax | ₩ (28) |
Financial Risk Management - Add
Financial Risk Management - Additional Information (Detail) - KRW (₩) | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of detailed information about financial instruments [Line items] | ||
Long-term borrowings | ₩ 793,112,000,000 | ₩ 394,187,000,000 |
Bonds | 8,366,694,000,000 | 8,426,683,000,000 |
Maximum credit exposure | 5,800,423,000,000 | 4,837,085,000,000 |
Floating-rate [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Long-term borrowings | 52,500,000,000 | |
Bonds | 380,190,000,000 | |
Hypothetical increase (decrease) in interest rate, effect on income before income taxes | ₩ 400,000,000 | |
Hypothetical increase (decrease) in interest rate | 1% | |
Face value of floating rate long term payables others | ₩ 1,690,470,000,000 | |
Interest rate risk [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Long-term borrowings | 12,500,000,000 | |
Interest rate risk [member] | Long-term payables - other [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Hypothetical increase (decrease) in interest rate, effect on income before income taxes | ₩ 16,905,000,000 | |
Hypothetical increase (decrease) in interest rate | 1% | |
Financial instruments [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Maximum credit exposure | ₩ 237,605,000,000 | 509,052,000,000 |
Available- for-sale financial assets [Member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Maximum credit exposure | 900,000,000 | 2,077,000,000 |
Loans and receivables [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Maximum credit exposure | 1,241,672,000,000 | 1,195,917,000,000 |
Cash and cash equivalents [Member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Maximum credit exposure | ₩ 1,882,093,000,000 | ₩ 872,550,000,000 |
Financial Risk Management - Max
Financial Risk Management - Maximum Credit Exposure (Detail) - KRW (₩) | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of credit risk exposure [line items] | ||
Maximum credit exposure | ₩ 5,800,423,000,000 | ₩ 4,837,085,000,000 |
Cash and cash equivalents [Member] | ||
Disclosure of credit risk exposure [line items] | ||
Maximum credit exposure | 1,882,093,000,000 | 872,550,000,000 |
Financial instruments [member] | ||
Disclosure of credit risk exposure [line items] | ||
Maximum credit exposure | 237,605,000,000 | 509,052,000,000 |
Available- for-sale financial assets [Member] | ||
Disclosure of credit risk exposure [line items] | ||
Maximum credit exposure | 900,000,000 | 2,077,000,000 |
Accounts receivable - trade [member] | ||
Disclosure of credit risk exposure [line items] | ||
Maximum credit exposure | 1,984,772,000,000 | 1,921,617,000,000 |
Contract assets [member] | ||
Disclosure of credit risk exposure [line items] | ||
Maximum credit exposure | 132,221,000,000 | 118,278,000,000 |
Loans and receivables [member] | ||
Disclosure of credit risk exposure [line items] | ||
Maximum credit exposure | 1,241,672,000,000 | 1,195,917,000,000 |
Derivatives hedging instrument [member] | ||
Disclosure of credit risk exposure [line items] | ||
Maximum credit exposure | ₩ 321,160,000,000 | ₩ 217,594,000,000 |
Financial Risk Management - Sum
Financial Risk Management - Summary of Gross Carrying Amounts of Each Financial Asset Except for Accounts Receivable Trade and Derivative Financial Asset (Detail) ₩ in Millions | Dec. 31, 2022 KRW (₩) |
Financial assets at fair value through profit or loss [member] | |
Disclosure of credit risk exposure [line items] | |
Gross amount | ₩ 481,935 |
Loss allowance | 0 |
Carrying amount | 481,935 |
Financial assets at FVOCI [member] | |
Disclosure of credit risk exposure [line items] | |
Gross amount | 994,868 |
Loss allowance | (3,081) |
Carrying amount | 991,787 |
Financial assets at amortised cost [member] | 12-month expected credit losses [member] | |
Disclosure of credit risk exposure [line items] | |
Gross amount | 5,592 |
Loss allowance | (3,314) |
Carrying amount | 2,278 |
Financial assets at amortised cost [member] | Lifetime expected credit losses [member] | Financial instruments not credit-impaired [member] | |
Disclosure of credit risk exposure [line items] | |
Gross amount | 87,862 |
Loss allowance | (83,685) |
Carrying amount | ₩ 4,177 |
Financial Risk Management - S_2
Financial Risk Management - Summary of Changes in Loss Allowance for Debt Investments (Detail) ₩ in Millions | 12 Months Ended |
Dec. 31, 2022 KRW (₩) | |
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items] | |
Beginning balance | ₩ 6,436,999 |
Ending balance | 7,078,236 |
Debt Investments [member] | |
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items] | |
Beginning balance | 92,010 |
Remeasurement of loss allowance, net | 3,011 |
Transfer to lifetime ECL - not credit impaired | 0 |
Transfer to lifetime ECL - credit impaired | 0 |
Amounts written off | (6,594) |
Recovery of amounts written off | 1,653 |
Ending balance | 90,080 |
Debt Investments [member] | 12-month expected credit losses [member] | |
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items] | |
Beginning balance | 2,787 |
Remeasurement of loss allowance, net | 1,571 |
Transfer to lifetime ECL - not credit impaired | (1,277) |
Transfer to lifetime ECL - credit impaired | 0 |
Amounts written off | 0 |
Recovery of amounts written off | 0 |
Ending balance | 3,081 |
Debt Investments [member] | Financial instruments not credit-impaired [member] | Lifetime expected credit losses [member] | |
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items] | |
Beginning balance | 6,190 |
Remeasurement of loss allowance, net | (1,517) |
Transfer to lifetime ECL - not credit impaired | 1,277 |
Transfer to lifetime ECL - credit impaired | (2,636) |
Amounts written off | 0 |
Recovery of amounts written off | 0 |
Ending balance | 3,314 |
Debt Investments [member] | Financial instruments credit-impaired [member] | Lifetime expected credit losses [member] | |
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items] | |
Beginning balance | 83,033 |
Remeasurement of loss allowance, net | 2,957 |
Transfer to lifetime ECL - not credit impaired | 0 |
Transfer to lifetime ECL - credit impaired | 2,636 |
Amounts written off | (6,594) |
Recovery of amounts written off | 1,653 |
Ending balance | ₩ 83,685 |
Financial Risk Management - Con
Financial Risk Management - Contractual Maturities of Financial Liabilities (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of maturity analysis for non-derivative financial liabilities [line items] | |||
Accounts payable – trade, carrying amount | ₩ 89,255 | ₩ 190,559 | |
Borrowings, carrying amount | 936,110 | 407,185 | |
Debentures, carrying amount | 8,366,694 | 8,426,683 | |
Lease liabilities-Carrying amount | [1] | 1,782,057 | 1,534,282 |
Accounts payable – other and others, carrying amount | 5,505,465 | ₩ 5,524,692 | |
Non-derivative financial liabilities, carrying amount | 16,679,581 | ||
Accounts payable – trade, carrying amount | 89,255 | ||
Borrowings, contractual cash flows | 975,960 | ||
Debentures, contractual cash flows | 9,469,549 | ||
Lease liabilities-Contractual cash flows | 2,063,294 | ||
Accounts payable – other and others, contractual cash flows | 5,641,277 | ||
Non-derivative financial liabilities, contractual cash flows | 18,239,335 | ||
Less than 1 year [member] | |||
Disclosure of maturity analysis for non-derivative financial liabilities [line items] | |||
Accounts payable – trade, carrying amount | 89,255 | ||
Borrowings, contractual cash flows | 290,024 | ||
Debentures, contractual cash flows | 2,074,631 | ||
Lease liabilities-Contractual cash flows | 391,686 | ||
Accounts payable – other and others, contractual cash flows | 4,291,518 | ||
Non-derivative financial liabilities, contractual cash flows | 7,137,114 | ||
1-5 years [member] | |||
Disclosure of maturity analysis for non-derivative financial liabilities [line items] | |||
Accounts payable – trade, carrying amount | 0 | ||
Borrowings, contractual cash flows | 685,936 | ||
Debentures, contractual cash flows | 5,077,080 | ||
Lease liabilities-Contractual cash flows | 1,104,040 | ||
Accounts payable – other and others, contractual cash flows | 1,256,702 | ||
Non-derivative financial liabilities, contractual cash flows | 8,123,758 | ||
More than 5 years [member] | |||
Disclosure of maturity analysis for non-derivative financial liabilities [line items] | |||
Accounts payable – trade, carrying amount | 0 | ||
Borrowings, contractual cash flows | 0 | ||
Debentures, contractual cash flows | 2,317,838 | ||
Lease liabilities-Contractual cash flows | 567,568 | ||
Accounts payable – other and others, contractual cash flows | 93,057 | ||
Non-derivative financial liabilities, contractual cash flows | ₩ 2,978,463 | ||
[1]Lease liabilities are not applicable on category of financial liabilities, but are classified as financial liabilities measured at amortized cost on consideration of nature for measurement of liabilities. |
Financial Risk Management - Per
Financial Risk Management - Periods in Which Cash Flows from Cash Flow Hedge Derivatives are Expected to Occur (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of maturity analysis for derivative financial liabilities [line items] | ||
Assets, carrying amount | ₩ 321,160 | ₩ 217,594 |
Derivatives hedging instrument [member] | ||
Disclosure of maturity analysis for derivative financial liabilities [line items] | ||
Assets, carrying amount | 267,151 | ₩ 182,661 |
Assets, contractual cash flows | 281,636 | |
Less than 1 year [member] | Derivatives hedging instrument [member] | ||
Disclosure of maturity analysis for derivative financial liabilities [line items] | ||
Assets, contractual cash flows | 169,761 | |
1-5 years [member] | ||
Disclosure of maturity analysis for derivative financial liabilities [line items] | ||
Assets, contractual cash flows | ₩ 111,875 |
Financial Risk Management - Deb
Financial Risk Management - Debt-equity Ratio (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure of detailed information about financial instruments [abstract] | ||||
Total Liabilities | ₩ 19,153,066 | ₩ 18,576,139 | ||
Total equity | ₩ 12,155,196 | ₩ 12,335,138 | ₩ 24,396,243 | ₩ 22,816,934 |
Debt-equity ratios | 157.57% | 150.60% |
Financial Risk Management - Fai
Financial Risk Management - Fair Value and Carrying Amount of Financial Assets and Liabilities Including Fair Value Hierarchy (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure of detailed information about financial instruments [Line items] | ||
Borrowings | ₩ 936,110 | ₩ 407,185 |
Debentures | 8,366,694 | 8,426,683 |
Assets | 7,078,236 | 6,436,999 |
Derivative financial liabilities | 302,593 | 321,136 |
Financial liabilities | 16,982,174 | 16,404,537 |
Measured at fair value [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
FVTPL | 1,002,164 | 1,598,321 |
Derivative hedging instruments | 267,151 | 182,661 |
FVOCI | 1,189,597 | 1,511,605 |
Assets | 2,458,912 | 3,292,587 |
FVTPL | 302,593 | 321,025 |
Derivative financial liabilities | 111 | |
Financial liabilities | 321,136 | |
Not measured at fair value [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Borrowings | 911,597 | 392,237 |
Debentures | 7,813,420 | 8,679,472 |
Long-term payables - other | 1,614,934 | 2,010,852 |
Financial liabilities | 10,339,951 | 11,082,561 |
Carrying amount [member] | Measured at fair value [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
FVTPL | 1,002,164 | 1,598,321 |
Derivative hedging instruments | 267,151 | 182,661 |
FVOCI | 1,189,597 | 1,511,605 |
Assets | 2,458,912 | 3,292,587 |
FVTPL | 302,593 | 321,025 |
Derivative financial liabilities | 111 | |
Financial liabilities | 321,136 | |
Carrying amount [member] | Not measured at fair value [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Borrowings | 936,110 | 407,185 |
Debentures | 8,366,694 | 8,426,683 |
Long-term payables - other | 1,638,341 | 2,009,833 |
Financial liabilities | 10,941,145 | 10,843,701 |
Level 1 [member] | Measured at fair value [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
FVTPL | 44,431 | 55,455 |
Derivative hedging instruments | 0 | |
FVOCI | 993,765 | 1,344,434 |
Assets | 1,038,196 | 1,399,889 |
FVTPL | 0 | |
Level 1 [member] | Not measured at fair value [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Borrowings | 0 | |
Debentures | 0 | |
Long-term payables - other | 0 | |
Financial liabilities | 0 | |
Level 2 [member] | Measured at fair value [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
FVTPL | 727,014 | 1,359,915 |
Derivative hedging instruments | 267,151 | 182,661 |
FVOCI | 0 | |
Assets | 994,165 | 1,542,576 |
FVTPL | 0 | |
Derivative financial liabilities | 111 | |
Financial liabilities | 111 | |
Level 2 [member] | Not measured at fair value [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Borrowings | 911,597 | 392,237 |
Debentures | 7,813,420 | 8,679,472 |
Long-term payables - other | 1,614,934 | 2,010,852 |
Financial liabilities | 10,339,951 | 11,082,561 |
Level 3 [member] | Measured at fair value [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
FVTPL | 230,719 | 182,951 |
Derivative hedging instruments | 0 | |
FVOCI | 195,832 | 167,171 |
Assets | 426,551 | 350,122 |
FVTPL | 302,593 | 321,025 |
Financial liabilities | ₩ 321,025 | |
Level 3 [member] | Not measured at fair value [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Borrowings | 0 | |
Debentures | 0 | |
Long-term payables - other | 0 | |
Financial liabilities | ₩ 0 |
Financial Risk Management - Int
Financial Risk Management - Interest Rates Used by the Group for the Fair Value Measurement (Detail) | 12 Months Ended |
Dec. 31, 2022 | |
Derivatives instrument [member] | Bottom of range [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Interest rate | 4.18% |
Derivatives instrument [member] | Top of range [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Interest rate | 5.20% |
Borrowings and debentures [member] | Bottom of range [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Interest rate | 4.89% |
Borrowings and debentures [member] | Top of range [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Interest rate | 5.10% |
Long-term payables - other [member] | Bottom of range [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Interest rate | 4.59% |
Long-term payables - other [member] | Top of range [member] | |
Disclosure of detailed information about financial instruments [Line items] | |
Interest rate | 5.06% |
Financial Risk Management - Cha
Financial Risk Management - Changes of Financial Assets Classified as Level 3 (Detail) ₩ in Millions | 12 Months Ended |
Dec. 31, 2022 KRW (₩) | |
Disclosure of fair value measurement of assets [line items] | |
Balance at beginning | ₩ 30,911,277 |
Balance at ending | 31,308,262 |
Balance at beginning | (18,576,139) |
Balance at ending | (19,153,066) |
Level 3 [member] | |
Disclosure of fair value measurement of assets [line items] | |
Balance at beginning | 350,122 |
Gain / (Loss) | 42,145 |
OCI | 2,463 |
Acquisition | 103,791 |
Disposal | (65,754) |
Transfer | (6,216) |
Balance at ending | 426,551 |
FVTPL [member] | Level 3 [member] | |
Disclosure of fair value measurement of assets [line items] | |
Balance at beginning | 182,951 |
Gain / (Loss) | 42,145 |
OCI | 1,375 |
Acquisition | 48,458 |
Disposal | (38,894) |
Transfer | (5,316) |
Balance at ending | 230,719 |
Balance at beginning | (321,025) |
Gain for the period | 18,432 |
OCI | 0 |
Acquisition | 0 |
Disposal | 0 |
Transfer | 0 |
Balance at ending | (302,593) |
Financial assets at FVOCI [member] | Level 3 [member] | |
Disclosure of fair value measurement of assets [line items] | |
Balance at beginning | 167,171 |
Gain / (Loss) | 0 |
OCI | 1,088 |
Acquisition | 55,333 |
Disposal | (26,860) |
Transfer | (900) |
Balance at ending | ₩ 195,832 |
Financial Risk Management - Car
Financial Risk Management - Carrying Amount of Financial Instruments Recognized of Which Offset Agreements are Applicable (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Accounts receivable - trade and others [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Financial assets, Gross financial instruments recognized | ₩ 245,835 | ₩ 197,828 |
Financial assets, Amount offset | (236,921) | (189,424) |
Financial assets, Net financial instruments presented on the statements of financial position | 8,914 | 8,404 |
Accounts payable - other and others [member] | ||
Disclosure of detailed information about financial instruments [Line items] | ||
Financial liabilities, Gross financial instruments recognized | 244,509 | 200,849 |
Financial liabilities, Amount offset | (236,921) | (189,424) |
Financial liabilities, Net financial instruments presented on the statements of financial position | ₩ 7,588 | ₩ 11,425 |
Transactions with Related Par_3
Transactions with Related Parties - Compensation for the Key Management (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of transactions between related parties [abstract] | |||
Salaries | ₩ 3,487 | ₩ 5,956 | ₩ 10,029 |
Defined benefits plan expenses | 761 | 2,845 | 3,459 |
Share option | 1,598 | 146 | 158 |
Compensation for the key management | ₩ 5,846 | ₩ 8,947 | ₩ 13,646 |
Transactions with Related Par_4
Transactions with Related Parties - Transactions with Related Parties (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | ₩ 419,966 | ₩ 911,230 | ₩ 759,387 |
Operating expense and others | 2,306,202 | 2,148,060 | 2,058,356 |
Acquisition of property and equipment | 396,186 | 387,313 | 818,894 |
SK hynix Inc. [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 60,933 | 285,104 | 316,001 |
Operating expense and others | 75 | 199 | 267 |
Acquisition of property and equipment | 0 | ||
SK Holdings Co., Ltd. [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 22,162 | 33,253 | 40,717 |
Operating expense and others | 662,247 | 633,868 | 596,509 |
Acquisition of property and equipment | 114,895 | 82,191 | 76,534 |
F&U Credit information Co., Ltd. [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 3,490 | 3,828 | 3,484 |
Operating expense and others | 49,227 | 50,029 | 51,228 |
Acquisition of property and equipment | 265 | ||
Happy Narae Co., Ltd. [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 1,637 | 6,899 | 9,871 |
Operating expense and others | 24,727 | 20,229 | 17,361 |
Acquisition of property and equipment | 143,188 | 133,625 | 129,621 |
KEB HanaCard Co., Ltd. [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 17,962 | 683 | |
Operating expense and others | 4,374 | 3,065 | |
SK Wyverns Co., Ltd. [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 202 | 1,279 | |
Operating expense and others | 8,203 | 19,354 | |
Daehan Kanggun BcN Co., Ltd. [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 20,290 | 10,943 | |
Operating expense and others | 0 | ||
Acquisition of property and equipment | 0 | ||
SK China Company Ltd. [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 131,141 | ||
Other associates [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 13,795 | 11,778 | 65,431 |
Operating expense and others | 5,608 | 8,356 | 12,511 |
Acquisition of property and equipment | 80 | 78 | |
Content Wavve Co., Ltd. | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 6,797 | 174 | 446 |
Operating expense and others | 108,760 | 78,964 | 56,631 |
Acquisition of property and equipment | 229 | ||
Associates [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 46,507 | 175,854 | 387,324 |
Operating expense and others | 56,655 | 70,962 | 143,056 |
Acquisition of property and equipment | 367 | 78 | |
SK Engineering & Construction Co., Ltd. [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 12,349 | ||
Operating expense and others | 238 | ||
SK Innovation Co., Ltd. [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 27,524 | 53,445 | 38,999 |
Operating expense and others | 19,598 | 19,093 | 18,464 |
Acquisition of property and equipment | 0 | ||
SK Energy Co., Ltd. [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 4,585 | 18,970 | 16,009 |
Operating expense and others | 710 | 1,250 | 296 |
Acquisition of property and equipment | 0 | ||
SK TNS Co., Ltd. [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 75 | 1,118 | |
Operating expense and others | 6,868 | 43,767 | |
Acquisition of property and equipment | 57,903 | 496,460 | |
SKC INFRA SERVICE Co., Ltd. [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 26 | ||
Operating expense and others | 30,798 | ||
Acquisition of property and equipment | 8,028 | ||
SK Networks Co., Ltd. [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 4,312 | 14,439 | 13,893 |
Operating expense and others | 904,320 | 1,055,512 | 1,022,976 |
Acquisition of property and equipment | 288 | 24 | 32 |
SK Networks Services Co., Ltd. [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 6,110 | 7,292 | 6,936 |
Operating expense and others | 71,432 | 73,596 | 76,653 |
Acquisition of property and equipment | 7,891 | 3,520 | 2,023 |
SK Telesys Co., Ltd. [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 388 | ||
Operating expense and others | 10,751 | ||
Acquisition of property and equipment | 30,453 | ||
SK hynix Semiconductor (China) Ltd. [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 48,546 | 73,683 | |
SK Global Chemical Co Ltd [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 20,667 | ||
Operating expense and others | 9 | ||
SK Global Chemical International Trading (Shanghai) Co., Ltd. [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 15,898 | ||
Operating expense and others | 8 | ||
Miscellaneous other related parties [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 40,058 | 156,055 | 102,141 |
Operating expense and others | 29,610 | 30,762 | 128,268 |
Acquisition of property and equipment | 20,555 | 23,428 | 83,693 |
Others [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 351,297 | 702,123 | 331,346 |
Operating expense and others | 1,587,300 | 1,443,230 | 1,318,791 |
Acquisition of property and equipment | 280,924 | 305,122 | 742,282 |
UbiNS Co., Ltd. [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 283 | 415 | |
Operating expense and others | 46,222 | 42,335 | |
Acquisition of property and equipment | 53,897 | 50,847 | |
SK m&service Co., Ltd [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 764 | ||
Operating expense and others | 3,670 | ||
Acquisition of property and equipment | 888 | ||
SK RENT A C A R Co., Ltd [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 14,992 | 5,843 | |
Operating expense and others | 15,891 | 18,564 | |
Acquisition of property and equipment | 0 | ||
DREAMUS COMPANY [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 7,235 | 795 | |
Operating expense and others | 85,193 | 20,074 | |
Acquisition of property and equipment | 649 | 396 | |
SK hynix system ic (Wuxi) Co., Ltd. [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 20,807 | ||
SK Planet Co Ltd [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 19,753 | 2,048 | |
Operating expense and others | 95,261 | 16,747 | |
Acquisition of property and equipment | 17,481 | 6,081 | |
Eleven Street Co., Ltd. [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 71,972 | 2,785 | |
Operating expense and others | 31,589 | 5,699 | |
Acquisition of property and equipment | 0 | ||
SK ON Hungary Kft [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 38,413 | ||
Sk Battery Hungary Kft [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | ₩ 19,394 | ||
Hana Card Co Ltd [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 8,932 | ||
Operating expense and others | 1,820 | ||
Acquisition of property and equipment | 22 | ||
One Store Co Ltd [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 17,181 | ||
Operating expense and others | 24 | ||
Acquisition of property and equipment | 0 | ||
Tmap Mobility Co Ltd [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 22,011 | ||
Operating expense and others | 4,973 | ||
Acquisition of property and equipment | 892 | ||
SK Geo Centric Co Ltd [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 925 | 33,435 | |
Operating expense and others | 1 | 9 | |
Acquisition of property and equipment | 0 | ||
SK Ecoplant Co Ltd [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 3,330 | ||
Operating expense and others | 112 | ||
Acquisition of property and equipment | 0 | ||
SK Magic Co Ltd [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 2,204 | ||
Operating expense and others | 1,071 | ||
Acquisition of property and equipment | 0 | ||
SK Shieldus Co Ltd [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Operating revenue and others | 39,455 | 5,793 | |
Operating expense and others | 147,731 | 18,861 | |
Acquisition of property and equipment | ₩ 35,854 | ₩ 20,382 |
Transactions with Related Par_5
Transactions with Related Parties - Transactions with Related Parties (Parenthetical) (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of transactions between related parties [Line Items] | |||
Dividends paid | ₩ 248,677 | ₩ 216,241 | |
Dividends received | ₩ 2,552 | 14,132 | 1,170 |
Dividend declared | 272,524 | ||
Handset purchanse amounting | 2,306,202 | 2,148,060 | 2,058,356 |
SK hynix Inc. [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Dividends received | 170,937 | 146,100 | |
Handset purchanse amounting | 75 | 199 | 267 |
Other associates [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Dividend declared | 13,700 | 10,716 | 18,749 |
Handset purchanse amounting | 5,608 | 8,356 | 12,511 |
Handset purchases [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Handset purchanse amounting | ₩ 844,157 | 996,910 | 961,167 |
Yongin SK Academy [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Dividends received | ₩ 70,495 | ||
SK Shieldus Co., Ltd. (Formerly, ADT CAPS Co., Ltd.) [Member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Dividends received | 9,637 | ||
SK China Company Ltd. [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Dividends received | ₩ 131,141 |
Transactions with Related Par_6
Transactions with Related Parties - Account Balances with Related Parties (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Loans [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | ₩ 38,622 | ₩ 22,147 |
Loans [member] | SK Holdings Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | F&U Credit information Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | SK hynix Inc. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | Wave City Development Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | Daehan Kanggun BcN Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 22,147 | 22,147 |
Loans [member] | Associates [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 22,147 | 22,147 |
Loans [member] | SK Networks Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | SK Innovation Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | Miscellaneous other related parties [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 16,475 | |
Loans [member] | Others [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 16,475 | |
Loans [member] | Mintit Co., Ltd [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | Happy Narae Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | Contents Wavve Corp [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | Incross Co Ltd [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | Eleven Street Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | SK Planet Co Ltd [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | S K RENT A C A R Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | UbiNS Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | S K USA Inc [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Loans [member] | SK Shieldus Co Ltd [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Accounts receivable - trade and others [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 115,776 | 61,774 |
Accounts receivable - trade and others [member] | SK Holdings Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 2,383 | 2,092 |
Accounts receivable - trade and others [member] | F&U Credit information Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 64 | 4 |
Accounts receivable - trade and others [member] | SK hynix Inc. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 15,494 | 11,526 |
Accounts receivable - trade and others [member] | Wave City Development Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 901 | 2,623 |
Accounts receivable - trade and others [member] | Daehan Kanggun BcN Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 3,199 | 3,857 |
Accounts receivable - trade and others [member] | KEB HanaCard Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 529 | |
Accounts receivable - trade and others [member] | Other associates [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 84 | |
Accounts receivable - trade and others [member] | Associates [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 4,164 | 7,097 |
Accounts receivable - trade and others [member] | SK Networks Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 488 | 241 |
Accounts receivable - trade and others [member] | SK Innovation Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 9,726 | 3,022 |
Accounts receivable - trade and others [member] | Miscellaneous other related parties [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 13,996 | 8,307 |
Accounts receivable - trade and others [member] | Others [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 109,229 | 52,585 |
Accounts receivable - trade and others [member] | Mintit Co., Ltd [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 35,058 | 17,929 |
Accounts receivable - trade and others [member] | Happy Narae Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 31 | 6 |
Accounts receivable - trade and others [member] | SK m&service Co., Ltd [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 1,453 | |
Accounts receivable - trade and others [member] | SK Shieldus Co., Ltd. (Formerly, ADT CAPS Co., Ltd.) [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 2,649 | |
Accounts receivable - trade and others [member] | Contents Wavve Corp [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 349 | 183 |
Accounts receivable - trade and others [member] | Incross Co Ltd [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 3,774 | 3,610 |
Accounts receivable - trade and others [member] | Eleven Street Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 6,797 | 2,851 |
Accounts receivable - trade and others [member] | SK Planet Co Ltd [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 8,190 | 668 |
Accounts receivable - trade and others [member] | S K RENT A C A R Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 1,291 | 116 |
Accounts receivable - trade and others [member] | UbiNS Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | 24 |
Accounts receivable - trade and others [member] | S K USA Inc [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 0 | |
Accounts receivable - trade and others [member] | SK Shieldus Co Ltd [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts receivable | 14,035 | |
Accounts payable - other and others [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 484,805 | 575,836 |
Accounts payable - other and others [member] | SK Holdings Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 103,141 | 69,652 |
Accounts payable - other and others [member] | F&U Credit information Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 5,682 | 5,265 |
Accounts payable - other and others [member] | SK hynix Inc. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 311 | 166 |
Accounts payable - other and others [member] | Wave City Development Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 0 | |
Accounts payable - other and others [member] | Daehan Kanggun BcN Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 0 | |
Accounts payable - other and others [member] | KEB HanaCard Co., Ltd. [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 48,020 | |
Accounts payable - other and others [member] | Other associates [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 65 | 1,197 |
Accounts payable - other and others [member] | Associates [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 7,266 | 54,482 |
Accounts payable - other and others [member] | SK Networks Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 113,943 | 198,631 |
Accounts payable - other and others [member] | SK Innovation Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 33,091 | 38,022 |
Accounts payable - other and others [member] | Miscellaneous other related parties [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 41,890 | 29,106 |
Accounts payable - other and others [member] | Others [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 374,398 | 451,702 |
Accounts payable - other and others [member] | Mintit Co., Ltd [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 3 | 131 |
Accounts payable - other and others [member] | Happy Narae Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 31,979 | 49,349 |
Accounts payable - other and others [member] | SK m&service Co., Ltd [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 18,921 | |
Accounts payable - other and others [member] | SK Shieldus Co., Ltd. (Formerly, ADT CAPS Co., Ltd.) [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 24,593 | |
Accounts payable - other and others [member] | Contents Wavve Corp [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 19,244 | 9,873 |
Accounts payable - other and others [member] | Incross Co Ltd [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 16,152 | 11,829 |
Accounts payable - other and others [member] | Eleven Street Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 13,026 | 7,782 |
Accounts payable - other and others [member] | SK Planet Co Ltd [member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 43,238 | 31,652 |
Accounts payable - other and others [member] | S K RENT A C A R Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 22,895 | 16,715 |
Accounts payable - other and others [member] | UbiNS Co., Ltd. [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 21,179 | ₩ 14,932 |
Accounts payable - other and others [member] | S K USA Inc [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | 1,519 | |
Accounts payable - other and others [member] | SK Shieldus Co Ltd [Member] | ||
Disclosure of transactions between related parties [Line Items] | ||
Accounts payable | ₩ 17,447 |
Transactions with Related Par_7
Transactions with Related Parties - Account Balances with Related Parties (Parenthetical) (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Nov. 01, 2021 |
SK Telecom Innovation Fund L.P [Member] | ||
Disclosure of transactions between related parties [line items] | ||
Debt instrument face value | ₩ 13,000,000 | |
Wave City Development Co., Ltd. [member] | Accounts Receivable Trade And Others [member] | ||
Disclosure of transactions between related parties [line items] | ||
Allowances for losses on accounts receivable from related party | ₩ 379 | ₩ 1,102 |
Commitments and Contingencies -
Commitments and Contingencies - Additional Information (Detail) - KRW (₩) ₩ in Millions | 1 Months Ended | 12 Months Ended | 18 Months Ended | ||
Jul. 27, 2022 | Mar. 31, 2025 | Dec. 31, 2022 | Dec. 31, 2021 | Jan. 31, 2024 | |
Commitments and contingencies [Line Items] | |||||
Properties pledged as collateral for leases on buildings | ₩ 1,513 | ||||
Current borrowings | 142,998 | ₩ 12,998 | |||
Acquisition and disposition of investments in joint ventures and associates | (362,625) | 340,237 | |||
Major Acquistion Of Shares [Member] | |||||
Commitments and contingencies [Line Items] | |||||
Acquistion And Disposal Of Shares In Joint Ventures And Associates | 0 | ||||
HFG Common Shares [Member] | Major Acquistion Of Shares [Member] | |||||
Commitments and contingencies [Line Items] | |||||
Deposits In Trust Account To Acquire Common Shares | ₩ 330,032 | ||||
Finnq Co Ltd [member] | |||||
Commitments and contingencies [Line Items] | |||||
Acquistion And Disposal Of Shares In Joint Ventures And Associates | 6,370,000 | ||||
Acquisition and disposition of investments in joint ventures and associates | ₩ 5,733 | (3,840) | |||
Hana Card Co Ltd [Member] | |||||
Commitments and contingencies [Line Items] | |||||
Acquistion And Disposal Of Shares In Joint Ventures And Associates | 39,902,323 | ||||
Acquisition and disposition of investments in joint ventures and associates | ₩ 330,032 | (368,389) | |||
Hana Card Co Ltd [Member] | Major Acquistion Of Shares [Member] | |||||
Commitments and contingencies [Line Items] | |||||
Deposits In Trust Account To Acquire Common Shares | ₩ 68,437 | ||||
Acquistion Of Property Plant And Equipment And Intangible Assets In The Future [Member] | |||||
Commitments and contingencies [Line Items] | |||||
Contractual commitment capital expenditure | 26,374 | ||||
SK Square Co., Ltd [Member] | |||||
Commitments and contingencies [Line Items] | |||||
Acquistion And Disposal Of Shares In Joint Ventures And Associates | 767,011 | ||||
Acquisition and disposition of investments in joint ventures and associates | ₩ 31,563 | ||||
Sales of Handsets [member] | |||||
Commitments and contingencies [Line Items] | |||||
Accounts receivable - other | 357,467 | ₩ 493,277 | |||
Panasia Semiconductor Materials LLC [Member] | Financial assets at fair value through profit or loss, category [member] | |||||
Commitments and contingencies [Line Items] | |||||
Current borrowings | 12,998 | ||||
Financial assets pledged as collateral for borrowings | ₩ 21,981 |
Statements of Cash Flows - Adju
Statements of Cash Flows - Adjustments for Income and Expenses from Operating Activities (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Adjustments to reconcile profit (loss) [abstract] | |||
Interest income | ₩ (58,472) | ₩ (43,850) | ₩ (50,357) |
Dividends | (2,552) | (14,132) | (1,170) |
Gain on foreign currency translations | (2,095) | (10,753) | (8,928) |
Gain on sale of accounts receivable — other | (1,043) | (27,725) | (22,605) |
Gain relating to investments in associates and joint ventures, net | 81,707 | (1,948,447) | (1,028,403) |
Gain on disposal of property and equipment and intangible assets | (15,985) | (40,109) | (35,644) |
Gain on business transfer | 0 | (82,248) | (12,455) |
Gain relating to financial instruments at FVTPL | (94,393) | (91,244) | (145,016) |
Other income | (6,515) | (10,369) | (4,220) |
Interest expense | 328,307 | 342,342 | 399,176 |
Loss on foreign currency translations | 3,814 | 8,005 | 12,730 |
Loss on disposal of long-term investment securities | 0 | 0 | 98 |
Loss on sale of accounts receivable — other | 61,841 | ||
Income tax expense | 288,321 | 651,948 | 376,502 |
Expense related to defined benefit plan | 134,509 | 190,462 | 198,794 |
Share option | 84,463 | 91,646 | 4,313 |
Bonus paid by treasury shares | 25,425 | 29,643 | |
Depreciation and amortization | 3,755,312 | 4,114,394 | 4,169,996 |
Bad debt for accounts receivables — trade | 27,053 | 31,546 | 48,625 |
Loss on disposal of property and equipment and intangible assets | 20,465 | 47,369 | 41,598 |
Impairment loss on property and equipment and intangible assets | 17,027 | 3,135 | 208,833 |
Bad debt for accounts receivable — other | 3,011 | 6,001 | 10,559 |
Loss relating to financial instruments at FVTPL | 41,597 | 76,142 | 27,082 |
Loss on disposal of investment assets | 1,283 | ||
Other financial fees | 0 | 142,015 | 44,734 |
Other expenses | 26,358 | 8,008 | 22,412 |
Adjustments for income and expenses from operating activities | ₩ 4,719,438 | ₩ 3,473,779 | ₩ 4,256,654 |
Statements of Cash Flows - Chan
Statements of Cash Flows - Changes in Assets and Liabilities from Operating Activities (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Adjustments to reconcile profit (loss) [abstract] | |||
Accounts receivable — trade | ₩ (60,546) | ₩ (95,374) | ₩ (33,410) |
Accounts receivable — other | 54,988 | (152,038) | (50,003) |
Advanced payments | (25,377) | (43,212) | (945) |
Prepaid expenses | 11,989 | 77,404 | 112,270 |
Inventories | 39,633 | (70,601) | (7,219) |
Long-term accounts receivable — other | (74,729) | 83,658 | 26,027 |
Contract assets | (13,400) | (11,582) | 1,528 |
Guarantee deposits | 6,245 | 8,125 | 26,122 |
Accounts payable — trade | (101,465) | 12,312 | 3,023 |
Accounts payable — other | 369,693 | (109,476) | 311,737 |
Withholdings | 4,964 | (55,925) | 33,348 |
Contract liabilities | 18,910 | (2,158) | 35,426 |
Deposits received | 99 | (3,737) | (1,028) |
Accrued expenses | 116,039 | 7,505 | 61,848 |
Provisions | (20) | (19,324) | (30,773) |
Long-term provisions | (13,792) | (260) | (548) |
Plan assets | (132,131) | (51,697) | (145,214) |
Retirement benefit payment | (79,117) | (114,897) | (76,987) |
Others | (3,877) | (27,418) | 37,256 |
Changes in assets and liabilities from operating activities | ₩ 118,106 | ₩ (568,695) | ₩ 302,458 |
Statements of Cash Flows - Sign
Statements of Cash Flows - Significant Non-cash Transactions (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Significant Non-cash Investing and Financing Transactions [abstract] | |||
Increase (decrease) in accounts payable — other relating to the acquisition of property and equipment and intangible assets | ₩ (39,977) | ₩ 1,063,800 | ₩ (426,723) |
Increase of right-of-use assets | 720,932 | 672,723 | 736,157 |
Merger of Tbroad Co., Ltd. and two other companies by SK Broadband Co., Ltd. | 0 | ₩ 1,072,487 | |
Change in assets and liabilities by spin-off | 0 | 14,379,397 | |
Retirement of treasury shares | 0 | 1,965,952 | |
Disposal of treasury shares (Congratulatory bonus for spin-off) | 0 | 114,373 | |
Transfer from property and equipment to investment property | ₩ 4,732 | ₩ 23,034 |
Statements of Cash Flows - Reco
Statements of Cash Flows - Reconciliation of Liabilities Arising from Financing Activities (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure of reconciliation of liabilities arising from financing activities [line items] | ||
Beginning balance | ₩ 12,195,432 | ₩ 13,711,436 |
Cash flows | (461,880) | (732,932) |
Exchange rate changes | 122,350 | 146,184 |
Fair value changes | (85,369) | (151,811) |
Business Combinations | 6,503 | 2,984 |
Spin-off | (2,281,910) | |
Other changes | 679,015 | 1,501,481 |
Ending balance | 12,456,051 | 12,195,432 |
Short-term borrowings [Member] | ||
Disclosure of reconciliation of liabilities arising from financing activities [line items] | ||
Beginning balance | 12,998 | 109,998 |
Cash flows | 130,000 | (50,823) |
Business Combinations | 0 | 1,825 |
Spin-off | (48,510) | |
Other changes | 0 | 508 |
Ending balance | 142,998 | 12,998 |
Long-term borrowings [member] | ||
Disclosure of reconciliation of liabilities arising from financing activities [line items] | ||
Beginning balance | 394,187 | 2,028,924 |
Cash flows | 398,529 | 63,132 |
Exchange rate changes | 0 | 600 |
Business Combinations | 0 | 662 |
Spin-off | (1,703,300) | |
Other changes | 397 | 4,169 |
Ending balance | 793,113 | 394,187 |
Debentures [member] | ||
Disclosure of reconciliation of liabilities arising from financing activities [line items] | ||
Beginning balance | 8,426,683 | 8,579,743 |
Cash flows | (189,878) | (16,755) |
Exchange rate changes | 122,350 | 145,584 |
Spin-off | (295,544) | |
Other changes | 7,538 | 13,655 |
Ending balance | 8,366,693 | 8,426,683 |
Lease liabilities [member] | ||
Disclosure of reconciliation of liabilities arising from financing activities [line items] | ||
Beginning balance | 1,534,281 | 1,436,777 |
Cash flows | (401,054) | (431,674) |
Business Combinations | 6,503 | 497 |
Spin-off | (85,322) | |
Other changes | 642,327 | 614,003 |
Ending balance | 1,782,057 | 1,534,281 |
Long-term payables - other [member] | ||
Disclosure of reconciliation of liabilities arising from financing activities [line items] | ||
Beginning balance | 2,009,833 | 1,566,954 |
Cash flows | (400,245) | (426,267) |
Other changes | 28,753 | 869,146 |
Ending balance | 1,638,341 | 2,009,833 |
Derivative financial liabilities [member] | ||
Disclosure of reconciliation of liabilities arising from financing activities [line items] | ||
Beginning balance | 111 | 54,176 |
Cash flows | 0 | 332 |
Fair value changes | (111) | (42,282) |
Spin-off | (12,115) | |
Ending balance | 0 | 111 |
Derivative financial assets [member] | ||
Disclosure of reconciliation of liabilities arising from financing activities [line items] | ||
Beginning balance | (182,661) | (65,136) |
Cash flows | 768 | |
Fair value changes | (85,258) | (117,525) |
Ending balance | ₩ (267,151) | (182,661) |
Financial liabilities at FVTPL | ||
Disclosure of reconciliation of liabilities arising from financing activities [line items] | ||
Cash flows | 129,123 | |
Fair value changes | 7,996 | |
Spin-off | ₩ (137,119) |
Reconciliation of Liabilities A
Reconciliation of Liabilities Arising from Financing Activities (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Statement of cash flows [abstract] | |||
Payments of cash dividends | ₩ (904,020) | ₩ (1,028,520) | ₩ (742,136) |
Payments of interest on hybrid bonds | (14,766) | (14,766) | (14,766) |
Acquisition of treasury shares | (76,111) | ||
Cash inflow from transactions with the non-controlling shareholders | 31,151 | 444,124 | |
Cash outflow from transactions with the non-controlling shareholders | (367) | (19,406) | |
Cash outflow from spinoff | (626,000) | ||
Cash flow from other financing activities | (888,002) | (1,320,679) | |
Cash flows from financing activities | ₩ (1,349,882) | ₩ (2,053,611) | ₩ (1,457,579) |
Emissions Liabilities - Disclos
Emissions Liabilities - Disclosure of Quantity of Emissions Rights Allocated Free of Charge (Detail) | Dec. 31, 2022 CO2 |
Disclosure of quantity of emissions rights allocated free of charge [Line Items] | |
Emissions rights allocated free of charge | 3,613,336 |
Quantities allocated in 2020 [member] | |
Disclosure of quantity of emissions rights allocated free of charge [Line Items] | |
Emissions rights allocated free of charge | 814,842 |
Quantities allocated in 2021 [member] | |
Disclosure of quantity of emissions rights allocated free of charge [Line Items] | |
Emissions rights allocated free of charge | 1,387,671 |
Quantities Allocated in 2022 [Member] | |
Disclosure of quantity of emissions rights allocated free of charge [Line Items] | |
Emissions rights allocated free of charge | 1,410,823 |
Emissions Liabilities - Summary
Emissions Liabilities - Summary of Changes in Emissions Rights Quantities (Detail) | 12 Months Ended |
Dec. 31, 2022 CO2 | |
Disclosure of Changes in emissions rights quantities [Line Items] | |
Beginning | 526,491 |
Allocation at no cost | 3,613,336 |
Additional allocation | 217,643 |
Other changes | (4,476) |
Purchase | 68,471 |
Surrender or shall be surrendered | (3,886,005) |
Borrowing | 128,644 |
Ending | 664,104 |
Quantities allocated in 2020 [member] | |
Disclosure of Changes in emissions rights quantities [Line Items] | |
Beginning | (60,977) |
Allocation at no cost | 814,842 |
Additional allocation | 217,643 |
Purchase | 68,471 |
Surrender or shall be surrendered | (1,039,979) |
Quantities allocated in 2021 [member] | |
Disclosure of Changes in emissions rights quantities [Line Items] | |
Beginning | 306,234 |
Allocation at no cost | 1,387,671 |
Other changes | (8,049) |
Surrender or shall be surrendered | (1,424,476) |
Borrowing | 19,854 |
Ending | 281,234 |
Quantities Allocated in 2022 [Member] | |
Disclosure of Changes in emissions rights quantities [Line Items] | |
Beginning | 281,234 |
Allocation at no cost | 1,410,823 |
Other changes | 3,573 |
Surrender or shall be surrendered | (1,421,550) |
Borrowing | 108,790 |
Ending | 382,870 |
Emissions Liabilities - Additio
Emissions Liabilities - Additional Information (Detail) | Dec. 31, 2022 CO2 |
Disclosure Of Emissions Liabilities [Abstract] | |
Estimated annual greenhouse gas emissions quantities | 1,533,206 |
Non-current Assets Held for S_3
Non-current Assets Held for Sale - Summary of Non-current Assets Held for Sale (Detail) ₩ in Millions, د.ك in Millions | Dec. 31, 2022 KRW (₩) | Dec. 31, 2022 KWD (د.ك) | Dec. 31, 2021 KRW (₩) |
Disclosure of Noncurrent Assets Held for Sale [Line Items] | |||
Investments in associates | ₩ | ₩ 1,889,289 | ₩ 2,197,351 | |
Carrot General Insurance Co Ltd | |||
Disclosure of Noncurrent Assets Held for Sale [Line Items] | |||
Investments in associates | د.ك | د.ك 8,734 |
Non-current Assets Held for S_4
Non-current Assets Held for Sale - Summary of Investment Securities Liquidated as Non-current Assets Held for Sale (Detail) - KRW (₩) ₩ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure In Tabular Form Of Investment Securities Scheduled To Be Liquidated As Non Current Assets Held For Sale [Line Items] | ||
Non-current assets or disposal groups classified as held for sale | ₩ 6,377 | ₩ 8,734 |
Financial assets at fair value through profit or loss, category [member] | ||
Disclosure In Tabular Form Of Investment Securities Scheduled To Be Liquidated As Non Current Assets Held For Sale [Line Items] | ||
Non-current assets or disposal groups classified as held for sale | 5,315 | |
Associates [member] | ||
Disclosure In Tabular Form Of Investment Securities Scheduled To Be Liquidated As Non Current Assets Held For Sale [Line Items] | ||
Non-current assets or disposal groups classified as held for sale | 1,062 | |
Digital Content Korea Fund [Member] | Financial assets at fair value through profit or loss, category [member] | ||
Disclosure In Tabular Form Of Investment Securities Scheduled To Be Liquidated As Non Current Assets Held For Sale [Line Items] | ||
Non-current assets or disposal groups classified as held for sale | 3,645 | |
Intervest Fund [Member] | Financial assets at fair value through profit or loss, category [member] | ||
Disclosure In Tabular Form Of Investment Securities Scheduled To Be Liquidated As Non Current Assets Held For Sale [Line Items] | ||
Non-current assets or disposal groups classified as held for sale | 107 | |
Central Fusion Content Fund [Member] | Financial assets at fair value through profit or loss, category [member] | ||
Disclosure In Tabular Form Of Investment Securities Scheduled To Be Liquidated As Non Current Assets Held For Sale [Line Items] | ||
Non-current assets or disposal groups classified as held for sale | ₩ 1,563 |
Spin-Off - Summary of Profit or
Spin-Off - Summary of Profit or Loss from Discontinued Operations (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of analysis of single amount of discontinued operations [line items] | |||
Operating revenue and other operating income | ₩ 17,361,232 | ₩ 16,864,348 | ₩ 16,183,498 |
Revenue | 17,304,973 | 16,748,585 | 16,087,747 |
Other income | 56,259 | 115,763 | 95,751 |
Operating expense | 15,766,884 | 15,431,986 | 15,148,478 |
Labor | 2,449,813 | 2,300,754 | 2,108,496 |
Commission | 5,518,786 | 5,426,114 | 5,103,012 |
Depreciation and amortization | 3,621,325 | 3,672,555 | 3,664,665 |
Network interconnection | 715,285 | 749,599 | 770,712 |
Advertising | 252,402 | 233,401 | 272,091 |
Rent | 143,747 | 140,418 | 171,179 |
Cost of goods sold | 1,268,124 | 1,167,417 | 1,106,001 |
Others | 1,528,976 | 1,431,587 | 1,658,362 |
Operating profit | 1,594,348 | 1,432,362 | 1,035,020 |
Finance income | 179,838 | 155,133 | 140,685 |
Finance costs | 456,327 | 315,604 | 322,943 |
Gain relating to investments in subsidiaries, associates and joint ventures, | (81,707) | 446,300 | 52,456 |
Profit before income tax | 1,236,152 | 1,718,191 | 905,218 |
Income tax expense | 288,321 | 651,948 | 376,502 |
Profit for the year | ₩ 947,831 | 2,418,989 | 1,500,538 |
Discontinued operations [member] | |||
Disclosure of analysis of single amount of discontinued operations [line items] | |||
Operating revenue and other operating income | 2,469,329 | 2,541,133 | |
Revenue | 2,383,083 | 2,536,904 | |
Other income | 86,246 | 4,229 | |
Operating expense | 2,396,324 | 2,471,519 | |
Labor | 824,505 | 897,676 | |
Commission | 349,344 | 244,074 | |
Depreciation and amortization | 287,412 | 326,417 | |
Network interconnection | 863 | 762 | |
Advertising | 158,512 | 159,589 | |
Rent | 2,754 | 2,115 | |
Cost of goods sold | 426,161 | 502,469 | |
Others | 346,773 | 338,417 | |
Operating profit | 73,005 | 69,614 | |
Finance income | 47,417 | 100,511 | |
Finance costs | 269,823 | 174,250 | |
Gain relating to investments in subsidiaries, associates and joint ventures, | 1,502,147 | 975,947 | |
Profit before income tax | 1,352,746 | 971,822 | |
Income tax expense | 205,152 | 155,240 | |
Profit for the year | ₩ 1,147,594 | ₩ 816,582 |
Spin-Off - Summary of Cash Flow
Spin-Off - Summary of Cash Flow and Financial Statement from Discontinued Operations (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of analysis of single amount of discontinued operations [line items] | |||
Cash flows from operating activities | ₩ 5,159,317 | ₩ 5,031,279 | ₩ 5,821,876 |
Cash flows from investing activities | (2,807,795) | (3,486,189) | (4,250,402) |
Cash flows from financing activities | (1,349,882) | (2,053,611) | (1,457,579) |
Current assets | 7,219,196 | 6,352,665 | |
Non-current assets | 24,089,066 | 24,558,612 | |
Total Assets | 31,308,262 | 30,911,277 | |
Current liabilities | 8,046,541 | 6,960,435 | |
Non-current liabilities | 11,106,525 | 11,615,704 | |
Total Liabilities | 19,153,066 | 18,576,139 | |
Discontinued operations [member] | |||
Disclosure of analysis of single amount of discontinued operations [line items] | |||
Cash flows from operating activities | 59,255 | 495,696 | |
Cash flows from investing activities | (967,053) | (483,599) | |
Cash flows from financing activities | ₩ (88,872) | ₩ (22,902) | |
Current assets | 2,608,601 | ||
Non-current assets | 19,269,615 | ||
Total Assets | 21,878,216 | ||
Current liabilities | 2,161,458 | ||
Non-current liabilities | 4,676,324 | ||
Total Liabilities | 6,837,782 | ||
Net assets | ₩ 15,040,434 |
Cash Dividends paid to the Pa_3
Cash Dividends paid to the Parent Company - Summary of Cash Dividends Received from Consolidated Subsidiaries and Associates (Detail) - KRW (₩) ₩ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of dividends [Line Items] | |||
Cash dividends received | ₩ 2,552 | ₩ 14,132 | ₩ 1,170 |
Subsidiaries [member] | |||
Disclosure of dividends [Line Items] | |||
Cash dividends received | 35,733 | 12,646 | 119,036 |
Associates [member] | |||
Disclosure of dividends [Line Items] | |||
Cash dividends received | 13,700 | 312,793 | 164,850 |
Parent [member] | |||
Disclosure of dividends [Line Items] | |||
Cash dividends received | ₩ 49,443 | ₩ 325,439 | ₩ 283,886 |
Subsequent Events - Summary of
Subsequent Events - Summary of Disposal of Treasury Shares (Detail) - KRW (₩) ₩ / shares in Units, ₩ in Millions | 12 Months Ended | |||
Feb. 07, 2023 | Dec. 31, 2021 | Dec. 31, 2022 | Dec. 31, 2020 | |
Disclosure of Disposal of Treasury Shares [Line Items] | ||||
Number of treasury shares | 218,833,144 | 218,833,144 | 80,745,711 | |
Price of the treasury shares per share (in won) | ₩ 100 | ₩ 100 | ||
Aggregate disposal value | ₩ 57,017 | |||
Classification of assets as held for sale [member] | ||||
Disclosure of Disposal of Treasury Shares [Line Items] | ||||
Number of treasury shares | 324,580 | |||
Price of the treasury shares per share (in won) | ₩ 46,700 | |||
Aggregate disposal value | ₩ 15,158 | |||
Disposal date | Feb. 09, 2023 | |||
Purpose of disposal | Allotment of shares as bonus payment | |||
Method of disposal | Over-the-counter |