LG Display Co., Ltd. (ifrs-full:DisclosureOfFinancialLiabilitiesExplanatory)

11.	Financial Liabilities

(a)

Financial liabilities at the reporting date are as follows:


(In millions of won)
	December 31, 2016		December 31, 2017
Current
Short-term borrowings	W	113,209		—
Current portion of long-term borrowings and bonds		554,700		1,452,926

	W	667,909		1,452,926

Non-current
Won denominated borrowings	W	821,922		1,251,258
Foreign currency denominated borrowings		1,777,877		1,392,931
Bonds		1,511,062		1,506,003
Derivatives(*)		472		—

	W	4,111,333		4,150,192

(*)	Represents interest rate swap contracts related to borrowings with variable interest rate.

(b)

Short-term borrowings at the reporting date are as follows:

(In millions of won, USD)

Lender

Annual interest rate
as of
December 31, 2017 (%)

December 31, 2016

December 31, 2017

Standard Chartered Bank Korea Limited

—

113,209

—

Foreign currency equivalent

USD

—

(c)

Won denominated long-term borrowings at the reporting date are as follows:


(In millions of won) Lender	Annual interest rate as of December 31, 2017 (%)	December 31, 2016			December 31, 2017
Woori Bank	3-year Korean Treasury Bond rate - 1.25, 2.75	W	2,991			1,922
Shinhan Bank	CD rate (91days) + 0.30		200,000			200,000
Korea Development Bank and others	CD rate (91days) + 0.64~0.74, 2.28~3.07		620,000			1,250,000
Less current portion of long-term borrowings			(1,069	)		(200,664	)

		W	821,922			1,251,258

(d)

Foreign currency denominated long-term borrowings at the reporting date are as follows:


(In millions of won, USD and CNY) Lender	Annual interest rate as of *December 31, 2017 (%)()**	December 31, 2016			December 31, 2017
The Export-Import Bank of Korea and others	3ML+0.55~1.04	W	1,027,225			755,337
Standard Chartered Bank Korea Limited	—		8,469			—
China Construction Bank and others	USD: 3ML+0.80~2.00 CNY: 4.28		926,058			1,385,097

Foreign currency equivalent		USD	1,157		USD	1,500
		CNY	3,264		CNY	3,263
Less current portion of long-term borrowings			(183,875	)		(747,503	)

		W	1,777,877			1,392,931

(*)	ML represents Month LIBOR (London Inter-Bank Offered Rates).

(e)

Details of bonds issued and outstanding at the reporting date are as follows:


(In millions of won)	Maturity	Annual interest rate as of December 31, 2017 (%)		December 31, 2016			December 31, 2017
*Won denominated bonds()**
Publicly issued bonds	March 2018 ~ October 2022		1.73~3.73	W	1,885,000			2,015,000
Less discount on bonds					(4,182	)		(4,238	)
Less current portion					(369,756	)		(504,759	)

				W	1,511,062			1,506,003

(*)	Principal of the won denominated bonds is to be repaid at maturity and interests are paid quarterly in arrears.

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