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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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0000889132
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  • ifrs-full:DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory

      Value measurement method and significant but not observable inputs for the financial assets classified as fair value hierarchy level 3 as of December 31, 2017 are as follows:

     

         Fair value     

    Valuation technique

       Inputs    Range of inputs   

    Effect on fair value
    assessment with
    unobservable input

         (in millions of Won)

    Available-for-sale financial assets

         235,803      Discounted cash flows    Growth rate    0% ~ 2.0%    As growth rate increases, fair value increases
             Discount rate    0.5% ~ 11.9%    As discount rate increases, fair value decreases
         14,775      Market comparable companies    Price multiple    1.085 ~ 5.245    As price multiple increases, fair value increases
         100,841      Asset value approach