SK TELECOM CO LTD | CIK:0001015650 | 3

  • Filed: 5/4/2018
  • Entity registrant name: SK TELECOM CO LTD (CIK: 0001015650)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1015650/000119312518151612/0001193125-18-151612-index.htm
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  • ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory

    28. Reserves

     

    (1) Details of reserves, net of taxes, as of December 31, 2017 and 2016 are as follows:

     

    (In millions of won)             
         December 31, 2017     December 31, 2016  

    Valuation gain on available-for-sale financial assets

       168,211       12,534  

    Other comprehensive loss of investments in associates

         (320,060     (179,167

    Valuation loss on derivatives

         (73,828     (96,418

    Foreign currency translation differences for foreign operations

         (9,050     36,868  
      

     

     

       

     

     

     
       (234,727     (226,183
      

     

     

       

     

     

     

     

    (2) Changes in reserves for the years ended December 31, 2017 and 2016 are as follows:

     

    (In millions of won)    2017  
         Valuation gain on
    available-for-sale
    financial assets
         Other compre-
    hensive loss of
    investments in
    associates
        Valuation gain
    (loss) on
    derivatives
        Foreign currency
    translation
    differences for
    foreign operations
        Total  

    Balance at January 1, 2017

       12,534        (179,167     (96,418     36,868       (226,183

    Changes, net of taxes

         155,677        (140,893     22,590       (45,918     (8,544
      

     

     

        

     

     

       

     

     

       

     

     

       

     

     

     

    Balance at December 31, 2017

       168,211        (320,060     (73,828     (9,050     (234,727
      

     

     

        

     

     

       

     

     

       

     

     

       

     

     

     

     

    (In millions of won)       
         2016  
         Valuation gain
    (loss) on
    available-for-sale
    financial assets
        Other compre-
    hensive loss of
    investments in
    associates
        Valuation
    loss on
    derivatives
        Foreign currency
    translation
    differences for
    foreign operations
         Total  

    Balance at January 1, 2016

       232,316       (169,520     (83,200     29,707        9,303  

    Changes, net of taxes

         (219,782     (9,647     (13,218     7,161        (235,486
      

     

     

       

     

     

       

     

     

       

     

     

        

     

     

     

    Balance at December 31, 2016

       12,534       (179,167     (96,418     36,868        (226,183
      

     

     

       

     

     

       

     

     

       

     

     

        

     

     

     

     

    (3) Changes in valuation gain on available-for-sale financial assets for the years ended December 31, 2017 and 2016 are as follows:

     

    (In millions of won)              
         2017      2016  

    Balance at January 1

       12,534        232,316  

    Amount recognized as other comprehensive income during the year, net of taxes

         132,586        4,606  

    Amount reclassified through profit or loss, net of taxes 23,091

         23,091        (224,388
      

     

     

        

     

     

     

    Balance at December 31

       168,211        12,534  
      

     

     

        

     

     

     

     

    (4) Changes in valuation gain (loss) on derivatives for the years ended December 31, 2017 and 2016 are as follows:

     

    (In millions of won)             
         2017     2016  

    Balance at January 1

       (96,418     (83,200

    Amount recognized as other comprehensive loss during the year, net of taxes

         17,965       (12,213

    Amount reclassified through profit or loss, net of taxes

         4,625       (1,005
      

     

     

       

     

     

     

    Balance at December 31

       (73,828     (96,418