Samsung Electronics 2016 Business Report 113 / 240
13. Property, Plant and Equipment
(A) Changes in property, plant and equipment for the years ended December 31, 2016 and 2015, are as follows:
2016
(In millions of Korean won)
Land
Buildings and
Structures
Machinery
and E
ui
ment
Construction In
Pro
ress Other Total
Balance as at January 1
₩
7,848,432
₩22,453,296 ₩43,077,879 ₩10,970,052
₩2,127,451
₩86,477,110
Acquisition cost
7,848,432 32,850,110 147,315,096 10,970,052 6,303,834 205,287,524
Accumulated depreciation and
impairment
- (10,396,814) (104,237,217) - (4,176,383) (118,810,414)
Acquisitions and capital
expenditures
1
37,735 3,482,228 12,769,230 8,230,900 974,275 25,494,368
Business combinations
- - 4,492 240 2,271 7,003
Depreciation
- (1,631,089) (16,814,751) - (866,680) (19,312,520)
Disposals/Scrap
(28,331) (26,384) (80,552) (5) (66,684) (201,956)
Impairment
- (2,805) (370,574) - (1,731) (375,110)
Reclassification of assets held-
for-sale
- (11,922) (20,131) (7,660) (45,156) (84,869)
Other
2
11,843 112,502 (263,538) (419,541) 27,749 (530,985)
Balance as at December 31
₩
7,869,679
₩24,375,826 ₩38,302,055 ₩18,773,986
₩2,151,495
₩91,473,041
Acquisition cost
7,869,679 36,474,462 155,285,378 18,773,986 6,769,149 225,172,654
Accumulated depreciation and
impairment
- (12,098,636) (116,983,323) - (4,617,654) (133,699,613)
1
The capitalized borrowing costs are ₩17,644 million and the interest rate used to calculate the borrowing costs eligible for capitalization is
0.95%.
2
Other includes effects of changes in foreign currency exchange rates and effects of the offset related to government assistance.
2015
(In millions of Korean won)
Land
Buildings and
Structures
Machinery
and Equipment
Construction In
Progress Other Total
Balance as at January 1
₩ 7,710,352
₩17,598,547 ₩ 37,751,890 ₩15,832,307 ₩ 1,979,854
₩ 80,872,950
Acquisition cost 7,710,352 26,474,937 127,603,897 15,832,307 5,664,513 183,286,006
Accumulated depreciation and
impairment - (8,876,390) (89,852,007) - (3,684,659) (102,413,056)
Acquisitions and capital
expenditures
1
318,540 6,389,558 22,233,244 (4,471,883) 1,048,603 25,518,062
Business combinations 246 1,757 3,498 47 29,228 34,776
Depreciation - (1,557,234) (17,191,280) - (914,027) (19,662,541)
Disposals/Scrap (78,449) (60,697) (208,505) (39) (226,004) (573,694)
Impairment - - (78,240) - (454) (78,694)
Other
2
(102,257) 81,365 567,272 (390,380) 210,251 366,251
Balance as at December 31
₩ 7,848,432
₩22,453,296 ₩ 43,077,879 ₩10,970,052 ₩ 2,127,451
₩ 86,477,110
Acquisition cost 7,848,432 32,850,110 147,315,096 10,970,052 6,303,834 205,287,524
Accumulated depreciation and
impairment - (10,396,814) (104,237,217) - (4,176,383) (118,810,414)
1
The capitalized borrowing costs are ₩11,061 million and the interest rate used to calculate the borrowing costs eligible for capitalization is
1.12%.
2
Other includes effects of changes in foreign currency exchange rates and effects of the offset related to government assistance.