LINE Corp | CIK:0001611820 | 3

  • Filed: 3/30/2018
  • Entity registrant name: LINE Corp (CIK: 0001611820)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1611820/000119312518102738/0001193125-18-102738-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1611820/000119312518102738/ln-20171231.xml
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  • ifrs-full:DisclosureOfDiscontinuedOperationsExplanatory

    The aggregated results of the discontinued operations for the years ended December 31, 2015, 2016 and 2017 are presented below.

     

         (In millions of yen)  
         2015     2016     2017  

    Revenues

         264       444       —    

    Other income

         —         9       —    

    Expenses(1)

         (11,767     (3,179     (19

    Loss before tax from discontinued operations

         (11,503     (2,726     (19

    Income tax benefits on disposal(2)

         3,915       744       6  
      

     

     

       

     

     

       

     

     

     

    Loss for the year from discontinued operations (attributable to the shareholders of the Company)

         (7,588     (1,982     (13
      

     

     

       

     

     

       

     

     

     

     

    (1) 

    In connection with the abandonment of the MixRadio business on March 21, 2016, restructuring expenses related to employee termination benefits of 1,165 million yen and office lease termination fees of 126 million yen have been incurred.

    (2) 

    The income tax benefits for the years ended December 31, 2015, 2016 and 2017 are mainly due to the deductible temporary difference arising from the investment in MixRadio Limited, which incurred loss during the periods.