8. Property and equipment
(1) Property and equipment as of December 31, 2017, 2016 and January 1, 2016 are as follows
|
|
|
December 31, 2017 |
|
||||||||||||
|
|
|
(In millions of Korean won) |
|
||||||||||||
|
|
|
Acquisition price |
|
|
Accumulated depreciation |
|
|
Book amount |
|
||||||
|
Machinery |
|
|
|
6,795 |
|
|
|
|
(6,141 |
) |
|
|
|
654 |
|
|
Office equipment |
|
|
|
1,867 |
|
|
|
|
(1,702 |
) |
|
|
|
165 |
|
|
Leasehold improvements |
|
|
|
1,081 |
|
|
|
|
(954 |
) |
|
|
|
127 |
|
|
Total |
|
|
|
9,743 |
|
|
|
|
(8,797 |
) |
|
|
|
946 |
|
|
|
|
December 31, 2016 |
|
||||||||||||
|
|
|
(In millions of Korean won) |
|
||||||||||||
|
|
|
Acquisition price |
|
|
Accumulated depreciation |
|
|
Book amount |
|
||||||
|
Machinery |
|
|
|
6,537 |
|
|
|
|
(6,306 |
) |
|
|
|
231 |
|
|
Office equipment |
|
|
|
1,714 |
|
|
|
|
(1,611 |
) |
|
|
|
103 |
|
|
Leasehold improvements |
|
|
|
1,006 |
|
|
|
|
(862 |
) |
|
|
|
144 |
|
|
Total |
|
|
|
9,257 |
|
|
|
|
(8,779 |
) |
|
|
|
478 |
|
|
|
|
January 1, 2016 |
|
||||||||||||
|
|
|
(In millions of Korean won) |
|
||||||||||||
|
|
|
Acquisition price |
|
|
Accumulated depreciation |
|
|
Book amount |
|
||||||
|
Machinery |
|
|
|
7,842 |
|
|
|
|
(7,505 |
) |
|
|
|
337 |
|
|
Office equipment |
|
|
|
1,750 |
|
|
|
|
(1,594 |
) |
|
|
|
156 |
|
|
Leasehold improvements |
|
|
|
964 |
|
|
|
|
(807 |
) |
|
|
|
157 |
|
|
Total |
|
|
|
10,556 |
|
|
|
|
(9,906 |
) |
|
|
|
650 |
|
(2) Changes in property and equipment for the years ended December 31, 2017 and 2016 are as follows:
|
|
|
2017 |
|
|||||||||||||||||
|
|
|
Machinery |
|
|
Office equipment |
|
|
Leasehold improvements |
|
|
Total |
|
||||||||
|
|
|
(In millions of Korean won) |
|
|||||||||||||||||
|
Beginning of the year |
|
|
|
231 |
|
|
|
|
103 |
|
|
|
|
144 |
|
|
|
|
478 |
|
|
Acquisition |
|
|
|
617 |
|
|
|
|
165 |
|
|
|
|
117 |
|
|
|
|
899 |
|
|
Depreciation |
|
|
|
(174 |
) |
|
|
|
(103 |
) |
|
|
|
(98 |
) |
|
|
|
(375 |
) |
|
Disposal |
|
|
|
— |
|
|
|
|
(1 |
) |
|
|
|
(37 |
) |
|
|
|
(38 |
) |
|
Translation differences |
|
|
|
(20 |
) |
|
|
|
1 |
|
|
|
|
1 |
|
|
|
|
(18 |
) |
|
End of the year |
|
|
|
654 |
|
|
|
|
165 |
|
|
|
|
127 |
|
|
|
|
946 |
|
|
|
|
2016 |
|
|||||||||||||||||
|
|
|
Machinery |
|
|
Office equipment |
|
|
Leasehold improvements |
|
|
Total |
|
||||||||
|
|
|
(In millions of Korean won) |
|
|||||||||||||||||
|
Beginning of the year |
|
|
|
337 |
|
|
|
|
156 |
|
|
|
|
157 |
|
|
|
|
650 |
|
|
Acquisition |
|
|
|
73 |
|
|
|
|
55 |
|
|
|
|
42 |
|
|
|
|
170 |
|
|
Depreciation |
|
|
|
(178 |
) |
|
|
|
(106 |
) |
|
|
|
(56 |
) |
|
|
|
(340 |
) |
|
Disposal |
|
|
|
(1 |
) |
|
|
|
(1 |
) |
|
|
|
— |
|
|
|
|
(2 |
) |
|
Translation differences |
|
|
|
— |
|
|
|
|
(1 |
) |
|
|
|
1 |
|
|
|
|
— |
|
|
End of the year |
|
|
|
231 |
|
|
|
|
103 |
|
|
|
|
144 |
|
|
|
|
478 |
|
(3) The depreciation expenses recognized in the statements of comprehensive income for the years ended December 31, 2017 and 2016 are as follows
|
|
|
2017 |
|
|
2016 |
|
||||
|
|
|
(In millions of Korean won) |
|
|||||||
|
Cost of revenue |
|
|
|
182 |
|
|
|
|
223 |
|
|
Selling, general and administrative expenses |
|
|
|
150 |
|
|
|
|
99 |
|
|
Research and development |
|
|
|
43 |
|
|
|
|
18 |
|
|
Total |
|
|
|
375 |
|
|
|
|
340 |
|
(4) As of the end of the reporting period, there are no tangible assets of the Company that are pledged as collateral for the Company’s debts.