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:DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory

    10. Assets Held for Sale

    Details of assets held for sale as of December 31, 2016 and 2017 are as follows:

     

         2016      2017  
         Controlling
    company
         Subsidiaries (*1)      Total      Controlling
    company
         Subsidiaries (*2)      Total  
         (in millions of Won)  

    Assets

                     

    Property, plant and equipment

         764        305,864        306,628        392        71,340        71,732  

    Others

                5,330        5,330               36        36  
      

     

     

        

     

     

        

     

     

        

     

     

        

     

     

        

     

     

     
       764        311,194        311,958        392        71,376        71,768  
      

     

     

        

     

     

        

     

     

        

     

     

        

     

     

        

     

     

     

     

     

    (*1) During the year ended December 2016, Posco e&c Songdo International Building, a subsidiary of the Company, entered into a sales contract regarding disposal of the office building of POSCO ENGINEERING & CONSTRUCTION CO., LTD. in Songdo and classified the accompanying property, plant and equipment as assets held for sale. During the year ended December 2017, disposal of the accompanying assets held for sale was completed.

     

    (*2) During the year ended December 2017, POSCO ENGINEERING & CONSTRUCTION CO., LTD., a subsidiary of the Company, determined to dispose of the office building, Seomyeon Fiesta, in Busan and classified the related property, plant and equipment amounting to 71,340 million as assets held for sale.