LG Display Co., Ltd. | CIK:0001290109 | 3

  • Filed: 4/27/2018
  • Entity registrant name: LG Display Co., Ltd. (CIK: 0001290109)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1290109/000119312518136619/0001193125-18-136619-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1290109/000119312518136619/lpl-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001290109
  • Open this page in separate window: Click
  • ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory

    (a) Changes in property, plant and equipment for the year ended December 31, 2016 are as follows:

     

    (In millions of won)                                           
         Land     Buildings
    and
    structures
        Machinery
    and
    equipment
        Furniture
    and
    fixtures
        Construction-
    in-progress
    (*1)
        Others     Total  

    Acquisition cost as of January 1, 2016

       W   462,787       5,998,384       36,450,747       794,894       1,268,946       216,044       45,191,802  

    Accumulated depreciation as of January 1, 2016

         —         (2,117,951 )      (31,694,483 )      (663,331 )      —         (164,257 )      (34,640,022 ) 

    Accumulated impairment loss as of January 1, 2016

         —         —         (5,760 )      —         —         —         (5,760 ) 
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Book value as of January 1, 2016

       W 462,787       3,880,433       4,750,504       131,563       1,268,946       51,787       10,546,020  

    Additions

         —         —         —         —         4,562,263       —         4,562,263  

    Business combinations (*3)

         —         16,023       655       449       —         663       17,790  

    Depreciation

         —         (288,891 )      (2,283,482 )      (57,130 )      —         (13,942 )      (2,643,445 ) 

    Impairment loss

         —         (1,610 )      —         —         —         —         (1,610 ) 

    Disposals

         (1,303 )      (3,204 )      (284,855 )      (1,746 )      —         (862 )      (291,970 ) 

    Others (*2)

         —         313,404       2,461,635       52,471       (2,846,180 )      18,670       —    

    Effect of movements in exchange rates

         —         (30,357 )      (118,060 )      (1,349 )      (1,179 )      (261 )      (151,206 ) 

    Government grants received

         —         (638 )      (3,869 )      —         (1,886 )      —         (6,393 ) 
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Book value as of December 31, 2016

       W 461,484       3,885,160       4,522,528       124,258       2,981,964       56,055       12,031,449  
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Acquisition cost as of December 31, 2016

       W 461,484       6,284,778       37,472,177       775,682       2,981,964       202,306       48,178,391  
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Accumulated depreciation as of December 31, 2016

       W —         (2,397,967 )      (32,947,359 )      (651,424 )      —         (146,251 )      (36,143,001 ) 
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Accumulated impairment loss as of December 31, 2016

       W —         (1,651 )      (2,290 )      —         —         —         (3,941 ) 
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

     

    (*1) As of December 31, 2016, construction-in-progress mainly relates to construction of manufacturing facilities.
    (*2) Others are mainly amounts transferred from construction-in-progress.
    (*3) Business combinations include property, plant and equipment related to Suzhou Lehui Display Co., Ltd. as its control was transferred to the Controlling Company by exchanging equity interests.

     

    (b) Changes in property, plant and equipment for the year ended December 31, 2017 are as follows:

     

    (In millions of won)                                           
         Land     Buildings
    and
    structures
        Machinery
    and
    equipment
        Furniture
    and
    fixtures
        Construction-
    in-progress
    (*1)
        Others     Total  

    Acquisition cost as of January 1, 2017

       W   461,484       6,284,778       37,472,177       775,682       2,981,964       202,306       48,178,391  

    Accumulated depreciation as of January 1, 2017

         —         (2,397,967 )      (32,947,359 )      (651,424 )      —         (146,251 )      (36,143,001 ) 

    Accumulated impairment loss as of January 1, 2017

         —         (1,651 )      (2,290 )      —         —         —         (3,941 ) 
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Book value as of January 1, 2017

       W   461,484       3,885,160       4,522,528       124,258       2,981,964       56,055       12,031,449  

    Additions

         —         —         —         —         7,272,476       —         7,272,476  

    Depreciation

         —         (295,045 )      (2,416,202 )      (66,963 )      —         (13,673 )      (2,791,883 ) 

    Disposals

         (1,042 )      (7,206 )      (75,275 )      (52 )      —         (3,133 )      (86,708 ) 

    Others (*2)

         69       339,640       3,825,155       87,186       (4,270,210 )      18,160       —    

    Effect of movements

    in exchange rates

         —         (63,222 )      (140,306 )      (3,087 )      (14,213 )      (687 )      (221,515 ) 

    Government grants

    received

         —         (548 )      (3,150 )      —         1,839       —         (1,859 ) 
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Book value as of December 31, 2017

       W   460,511       3,858,779       5,712,750       141,342       5,971,856       56,722       16,201,960  
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Acquisition cost as of December 31, 2017

       W   460,511       6,539,506       38,901,158       772,824       5,971,856       205,475       52,851,330  
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Accumulated depreciation as of December 31, 2017

       W —         (2,678,970 )      (33,186,118 )      (631,482 )      —         (148,753 )      (36,645,323 ) 
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Accumulated impairment loss as of December 31, 2017

       W —         (1,757 )      (2,290 )      —         —         —         (4,047 ) 
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

     

    (*1) As of December 31, 2017, construction-in-progress relates to construction of manufacturing facilities.
    (*2) Others are mainly amounts transferred from construction-in-progress.

    (c) The capitalized borrowing costs and capitalization rate for the years ended December 31, 2015, 2016 and 2017 are as follows:

     

    (In millions of won)             
         2015     2016     2017  

    Capitalized borrowing costs

       W   13,696       16,909       47,686  

    Capitalization rate

         3.73 %      2.91 %      1.92 %