Condensed financial information of the significant subsidiaries as of and for the year ended December 31, 2017 is as follows:
| (In millions of won) | As of December 31, 2017 | 2017 | ||||||||||||||||||
|
Subsidiary |
Total assets |
Total liabilities |
Total equity |
Revenue | Profit (loss) |
|||||||||||||||
|
SK Telink Co., Ltd. |
￦ | 455,685 | 104,727 | 350,958 | 389,944 | 32,728 | ||||||||||||||
|
SK m&service Co., Ltd. (formerly, M&Service Co., Ltd.) |
113,515 | 62,795 | 50,720 | 193,256 | 1,249 | |||||||||||||||
|
SK Communications Co., Ltd. |
90,923 | 28,410 | 62,513 | 47,546 | (35,454 | ) | ||||||||||||||
|
SK Broadband Co., Ltd. |
3,802,349 | 2,616,317 | 1,186,032 | 3,050,083 | 32,030 | |||||||||||||||
|
K-net Culture and Contents Venture Fund |
250,747 | 35,900 | 214,847 | — | 196,250 | |||||||||||||||
|
PS&Marketing Corporation |
506,883 | 288,881 | 218,002 | 1,766,142 | 391 | |||||||||||||||
|
SERVICEACE Co., Ltd. |
77,681 | 45,501 | 32,180 | 197,408 | 2,599 | |||||||||||||||
|
SERVICE TOP Co., Ltd. |
65,406 | 41,860 | 23,546 | 186,117 | 3,309 | |||||||||||||||
|
Network O&S Co., Ltd. |
87,000 | 45,248 | 41,752 | 255,841 | 6,283 | |||||||||||||||
|
SK Planet Co., Ltd. |
1,534,866 | 920,677 | 614,189 | 1,082,685 | (513,667 | ) | ||||||||||||||
|
IRIVER LIMITED(*) |
130,878 | 17,204 | 113,674 | 69,452 | (14,092 | ) | ||||||||||||||
|
SKP America LLC. |
412,251 | — | 412,251 | — | (57 | ) | ||||||||||||||
|
SK techx Co., Ltd. |
237,700 | 41,561 | 196,139 | 195,948 | 26,827 | |||||||||||||||
|
One Store Co., Ltd. |
104,891 | 39,874 | 65,017 | 115,596 | (27,254 | ) | ||||||||||||||
|
Home & Service Co., Ltd. |
83,698 | 38,350 | 45,348 | 141,739 | 11 | |||||||||||||||
|
shopkick Management Company, Inc. |
338,650 | — | 338,650 | — | (238 | ) | ||||||||||||||
|
shopkick, Inc. |
37,336 | 32,219 | 5,117 | 48,836 | (25,249 | ) | ||||||||||||||
| (*) | The condensed financial information of IRIVER LIMITED is consolidated financial information including iriver Enterprise Ltd. and six other subsidiaries of IRIVER LIMITED. Information for the other subsidiaries in the above summary is based on their separate financial statements. |
Condensed financial information of the significant subsidiaries as of and for the year ended December 31, 2016 is as follows:
| (In millions of won) | As of December 31, 2016 | 2016 | ||||||||||||||||||
|
Subsidiary |
Total assets |
Total liabilities |
Total equity |
Revenue | Profit (loss) |
|||||||||||||||
|
SK Telink Co., Ltd. |
￦ | 440,956 | 122,741 | 318,215 | 406,930 | 61,585 | ||||||||||||||
|
SK m&service Co., Ltd. (formerly, M&Service Co., Ltd.) |
107,768 | 56,596 | 51,172 | 173,816 | 4,958 | |||||||||||||||
|
SK Communications Co., Ltd. |
128,233 | 31,592 | 96,641 | 58,154 | (20,411 | ) | ||||||||||||||
|
SK Broadband Co., Ltd. |
3,523,494 | 2,376,429 | 1,147,065 | 2,942,976 | 21,526 | |||||||||||||||
|
PS&Marketing Corporation |
546,803 | 328,846 | 217,957 | 1,679,735 | 11,908 | |||||||||||||||
|
SERVICEACE Co., Ltd. |
67,735 | 40,014 | 27,721 | 199,828 | 3,605 | |||||||||||||||
|
SERVICE TOP Co., Ltd. |
59,004 | 39,121 | 19,883 | 186,740 | 3,971 | |||||||||||||||
|
Network O&S Co., Ltd. |
69,774 | 35,798 | 33,976 | 218,917 | 3,755 | |||||||||||||||
|
SK Planet Co., Ltd.(*1) |
1,935,663 | 834,151 | 1,101,512 | 1,177,323 | (30,959 | ) | ||||||||||||||
|
IRIVER LIMITED(*2) |
50,075 | 11,941 | 38,134 | 52,328 | (9,987 | ) | ||||||||||||||
|
SKP America LLC. |
439,209 | — | 439,209 | — | 1,226 | |||||||||||||||
|
SK techx Co., Ltd. |
212,819 | 52,563 | 160,256 | 193,396 | 28,213 | |||||||||||||||
|
One Store Co., Ltd. |
134,207 | 41,738 | 92,469 | 106,809 | (22,161 | ) | ||||||||||||||
|
shopkick Management Company, Inc. |
354,627 | — | 354,627 | — | (85 | ) | ||||||||||||||
|
shopkick, Inc. |
37,947 | 34,024 | 3,923 | 45,876 | (27,149 | ) | ||||||||||||||
| (*1) | The separate financial information of SK Planet Co., Ltd. includes pre-merger income and expenses of Commerce Planet Co., Ltd. prior to the merger date of February 1, 2016. |
| (*2) | The condensed financial information of IRIVER LIMITED is consolidated financial information including iriver Enterprise Ltd. and five other subsidiaries of IRIVER LIMITED. |
Condensed financial information of the significant subsidiaries as of and for the year ended December 31, 2015 is as follows:
| (In millions of won) | As of December 31, 2015 | 2015 | ||||||||||||||||||
|
Subsidiary |
Total assets |
Total liabilities |
Total equity |
Revenue | Profit (loss) |
|||||||||||||||
|
SK Telink Co., Ltd. |
￦ | 309,955 | 113,878 | 196,077 | 431,368 | 55,781 | ||||||||||||||
|
SK m&service Co., Ltd. (formerly, M&Service Co., Ltd.) |
89,452 | 42,414 | 47,038 | 143,255 | 5,549 | |||||||||||||||
|
SK Communications Co., Ltd. |
152,496 | 35,014 | 117,482 | 80,147 | (14,826 | ) | ||||||||||||||
|
SK Broadband Co., Ltd. |
3,291,707 | 2,170,484 | 1,121,223 | 2,731,344 | 10,832 | |||||||||||||||
|
PS&Marketing Corporation |
509,580 | 300,364 | 209,216 | 1,791,944 | 4,835 | |||||||||||||||
|
SERVICEACE Co., Ltd. |
65,424 | 34,240 | 31,184 | 206,338 | 2,778 | |||||||||||||||
|
SERVICE TOP Co., Ltd. |
61,897 | 38,482 | 23,415 | 197,092 | 4,396 | |||||||||||||||
|
Network O&S Co., Ltd. |
77,426 | 48,069 | 29,357 | 210,676 | 6,466 | |||||||||||||||
|
SK Planet Co., Ltd. |
2,406,988 | 784,631 | 1,622,357 | 1,624,630 | (75,111 | ) | ||||||||||||||
|
IRIVER LIMITED(*) |
60,434 | 12,377 | 48,057 | 55,637 | 635 | |||||||||||||||
|
SKP America LLC. |
380,141 | — | 380,141 | — | 791 | |||||||||||||||
|
Entrix Co., Ltd. |
30,876 | 3,186 | 27,690 | 4,895 | (1,826 | ) | ||||||||||||||
|
shopkick Management Company, Inc. |
306,248 | 7 | 306,241 | 7 | (2,455 | ) | ||||||||||||||
|
shopkick, Inc. |
25,388 | 32,243 | (6,855 | ) | 33,851 | (52,390 | ) | |||||||||||||
| (*) | The condensed financial information of IRIVER LIMITED is consolidated financial information including iriver Enterprise Ltd. and five other subsidiaries of IRIVER LIMITED. |
(4) Changes in subsidiaries
The list of subsidiaries that were newly included in consolidation during the year ended December 31, 2017 is as follows:
|
Subsidiary |
Reason |
|
|
S.M. LIFE DESIGN COMPANY JAPAN INC. (Refer to Note10) |
Acquired by IRIVER LIMITED | |
|
S.M. Mobile Communications JAPAN Inc. (Refer to Note10) |
Acquired by IRIVER LIMITED | |
|
Home & Service Co., Ltd. |
Established by SK Boradband Co., Ltd. | |
|
SK stoa Co., Ltd. |
Established by SK Boradband Co., Ltd. | |
The list of subsidiaries that were excluded from consolidation during the year ended December 31, 2017 is as follows:
|
Subsidiary |
Reason |
|
|
Entrix Co., Ltd. |
Merged into SK techx Co., Ltd. during the year ended December 31, 2017. | |
|
Planet11 E-commerce Solutions India Pvt. Ltd. |
Disposed during the year ended December 31, 2017. | |
|
Stonebridge Cinema Fund |
Liquidated during the year ended December 31, 2017. | |