KOREA ELECTRIC POWER CORP | CIK:0000887225 | 3

  • Filed: 4/30/2018
  • Entity registrant name: KOREA ELECTRIC POWER CORP (CIK: 0000887225)
  • Generator: Fujitsu
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/887225/000119312518141125/0001193125-18-141125-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/887225/000119312518141125/kep-20171231.xml
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  • ifrs-full:DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory

    Changes in deferred income tax assets (liabilities) recognized in the statements of financial position for the years ended December 31, 2016 and 2017 are as follows:

     

              2016  
              Beginning
    balance
        Amounts
    recognized
    in profit
    or loss
        Amount
    recognized in
    other
    comprehensive
    income (loss)
        Amounts
    recognized
    directly
    in equity
        Ending
    balance
     
              In millions of won  

    Deferred income tax on temporary differences

               

    Employee benefits

            407,342       36,003       49,986       —         493,331  

    Cash flow hedge

          (29,013     (6,235     (18,335     —         (53,583

    Investments in associates or subsidiaries

          (6,449,998     (717,072     7,731       (7,006     (7,166,345

    Property, plant and equipment

          (5,495,786     (31,532     —         —         (5,527,318

    Finance lease

          (272,430     (73,001     —         —         (345,431

    Intangible assets

          9,420       (433     —         —         8,987  

    Financial assets at fair value through profit or loss

          (4     (58     —         —         (62

    Available-for-sale financial assets

          (49,199     (11,005     (8,143     —         (68,347

    Deferred revenue

          215,361       (1,502     —         —         213,859  

    Provisions

          3,372,423       210,948       —         —         3,583,371  

    Doubtful receivables

          1,405       1,291       —         —         2,696  

    Other finance liabilities

          26,298       (1,302     —         5,253       30,249  

    Gains or losses on foreign exchange translation

          128,714       10,224       —         —         138,938  

    Allowance for doubtful accounts

          18,976       (1,724     —         —         17,252  

    Accrued income

          (11,231     5,864       —         —         (5,367

    Special deduction for property, plant and equipment

          (194,347     38       —         —         (194,309

    Reserve for research and human development

          (20,688     7,805       —         —         (12,883

    Others

          576,585       118,712       573       —         695,870  
       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     
          (7,766,172     (452,979     31,812       (1,753     (8,189,092
       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Deferred income tax on unused tax losses and tax credit

               

    Tax losses

          (3     3       —         —         —    

    Tax credit

          27,115       8,588       —         —         35,703  
       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     
          27,112       8,591       —         —         35,703  
       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     
            (7,739,060     (444,388     31,812       (1,753     (8,153,389
       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

     

              2017  
              Beginning
    balance
        Amounts
    recognized
    in profit
    or loss
        Amount
    recognized in
    other
    comprehensive
    income (loss)
        Amounts
    recognized
    directly
    in equity
        Ending
    balance
     
              In millions of won  

    Deferred income tax on temporary differences

               

    Employee benefits

            493,331       86,008       (80,645     —         498,694  

    Cash flow hedge

          (53,583     130,044       (11,016     —         65,445  

    Investments in associates or subsidiaries

          (7,166,345     (1,510,295     8,649       (25     (8,668,016

    Property, plant and equipment

          (5,527,318     (1,333,122     —         —         (6,860,440

    Finance lease

          (345,431     (81,518     —         —         (426,949

    Intangible assets

          8,987       (1,339     —         —         7,648  

    Financial assets at fair value through profit or loss

          (62     952       —         —         890  

    Available-for-sale financial assets

          (68,347     62,055       (2,551     —         (8,843

    Deferred revenue

          213,859       16,852       —         —         230,711  

    Provisions

          3,583,371       1,239,462       —         —         4,822,833  

    Doubtful receivables

          2,696       (2,637     —         —         59  

    Other finance liabilities

          30,249       (2,742     —         5,248       32,755  

    Gains or losses on foreign exchange translation

          138,938       (140,292     —         —         (1,354

    Allowance for doubtful accounts

          17,252       25,679       —         —         42,931  

    Accrued income

          (5,367     3,542       —         —         (1,825

    Special deduction for property, plant and equipment

          (194,309     (6,618     —         —         (200,927

    Reserve for research and human development

          (12,883     9,842       —         —         (3,041

    Others

          695,870       232,642       24,242       —         952,754  
       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     
          (8,189,092     (1,271,485     (61,321     5,223       (9,516,675
       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Deferred income tax on unused tax losses and tax credit

               

    Tax losses

          —         —         —         —         —    

    Tax credit

          35,703       (15,272     —         —         20,431  
       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     
          35,703       (15,272     —         —         20,431  
       

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     
            (8,153,389     (1,286,757     (61,321     5,223       (9,496,244