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
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1015650/000119312518151612/skm-20171231.xml
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  • ifrs-full:DisclosureOfAvailableforsaleAssetsExplanatory

    Details of long-term investment securities as of December 31, 2017 and 2016 are as follows:

     

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

    Equity securities:

         

    Marketable equity securities(*1)

       589,202        526,363  

    Unlisted equity securities etc.(*2)

         277,877        295,403  
      

     

     

        

     

     

     
         867,079        821,766  

    Debt securities:

         

    Investment bonds

         19,928        6,755  
      

     

     

        

     

     

     
       887,007        828,521  
      

     

     

        

     

     

     

     

     

    (*1) During the year ended December 31, 2016, the Group sold 3,793,756 shares of Loen Entertainment, Inc. to Kakao Corp. in exchange for 1,357,367 shares of Kakao Corp. and ₩218,037 million in cash. In connection with the sale of Loen Entertainment shares, the Group recognized gain on disposal of long-term investment securities amounting to ₩314,745 million.

     

         The Group recognized gain on disposal amounting to ₩138,779 million as the Group disposed its entire marketable equity securities of POSCO Co., Ltd. for ₩305,110 million of cash during the year ended December 31, 2016.

     

         In addition, the Group sold 1,357,367 shares of Kakao Corp. in exchange for ₩112,649 million in cash during the year ended December 31, 2017. In connection with the sale of Kakao Corp. shares, the Group recognized loss on disposal of long-term investment securities amounting to ₩35,468 million.

     

    (*2) Unlisted equity securities and equity investments whose fair value cannot be measured reliably are recorded at cost.