POSCO | CIK:0000889132 | 3

  • Filed: 4/27/2018
  • Entity registrant name: POSCO (CIK: 0000889132)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/889132/000119312518136684/0001193125-18-136684-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/889132/000119312518136684/pkx-20171231.xml
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  • ifrs-full:DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory

    (b) Changes in liabilities arising from financial activities for the year ended December 31, 2017 were as follows:

     

         Liabilities     Derivatives held
    to hedge
    borrowings
     
         Short-term
    borrowings
        long-term
    borrowings
        Dividend
    payable
        Finance
    lease
    liabilities
       
         (in millions of Won)  

    Beginning

       ₩ 7,979,727       14,725,271       7,770       114,409       (52,373 ) 

    Changes from financing cash flows

         558,083       (1,410,033 )      (931,232 )      (10,536 )      —  

    Changes arising from obtaining or losing
    control of subsidiaries or other business

         (12,469 )      3,299       —       —       —  

    The effect of changes in foreign exchange rates

         (350,523 )      (435,170 )      —       (10,855 )      —  

    Changes in fair values

         —       —       —       —       171,693  

    Other changes:

              

    Decrease in retained earnings

         —       —       863,579       —       —  

    Decrease in non-controlling interests

         —       —       67,096       —       —  

    Amortization of discount on debentures issued

         —       5,472       —       —       —  
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Ending

       ₩ 8,174,818       12,888,839       7,213       93,018       119,320