Samsung Electronics Business Report 118 / 263
10. Property, Plant and Equipment
(A) Changes in property, plant and equipment for the years ended December 31, 2020 and 2019 are as follows:
2020
(In millions of Korean won)
Land
Buildings and
structures
Machinery
and e
ui
ment
Construction in
ro
ress Other Total
Balance as of January 1 9,774,554 30,469,620 52,149,936 23,930,019 3,501,345 119,825,474
Acquisition cost 9,828,309 48,839,439 211,416,021 23,930,019 10,061,981 304,075,769
Accumulated depreciation and
impairment (53,755) (18,369,819) (159,266,085) - (6,560,636) (184,250,295)
Acquisitions and capital
expenditures
1
141,197 8,524,794 32,907,696 (3,443,884) 1,281,811 39,411,614
Depreciation (45,707) (2,978,741) (22,780,113) - (1,311,174) (27,115,735)
Disposals/scrap (20,308) (276,235) (108,935) (618) (104,829) (510,925)
Impairment(reversal) - (3,627) (316,723) - (4,806) (325,156)
Reclassification to
assets held-for-sale (29,275) (540,258) (181,744) (8,947) (6,390) (766,614)
Other
2
(48,305) (643,549) (675,987) (300,653) 102,728 (1,565,766)
Balance as of December 31
9,772,156 34,552,004 60,994,130 20,175,917 3,458,685 128,952,892
Acquisition cost 9,850,942 55,026,369 233,056,501 20,175,917 10,496,584 328,606,313
Accumulated depreciation
and impairment (78,786) (20,474,365) (172,062,371) - (7,037,899) (199,653,421)
1
The capitalized borrowing costs are W 3,897 million and the interest rate used to calculate the borrowing costs eligible for capitalization is 0.6%.
2
Other includes effects of changes in foreign currency exchange rates and effects of the offset related to government grants.
2019
(In millions of Korean won)
Land
Buildings and
structures
Machinery
and e
ui
ment
Construction in
ro
ress Other Total
Balance as of January 1 9,346,285 29,345,910 63,816,231 9,705,056 3,203,242 115,416,724
Acquisition cost 9,346,285 45,033,843 206,407,913 9,705,056 8,665,069 279,158,166
Accumulated depreciation and
impairment - (15,687,933) (142,591,682) - (5,461,827) (163,741,442)
Acquisitions and capital
expenditures
1
144,291 1,760,347 10,488,174 14,490,901 1,136,367 28,020,080
Acquisitions through business
combinations 2,310 21,481 381,117 7,488 5,262 417,658
Depreciation (31,118) (2,658,371) (22,664,896) - (1,219,431) (26,573,816)
Disposals, scrap (97,930) (287,546) (180,627) (577) (75,218) (641,898)
Impairment (reversal) - - (85,215) - (8,344) (93,559)
Other
2
410,716 2,287,799 395,152 (272,849) 459,467 3,280,285
Balance as of December 31
9,774,554 30,469,620 52,149,936 23,930,019 3,501,345 119,825,474
Acquisition cost 9,828,309 48,839,439 211,416,021 23,930,019 10,061,981 304,075,769
Accumulated depreciation and
impairment (53,755) (18,369,819) (159,266,085) - (6,560,636) (184,250,295)
1
The capitalized borrowing costs are W 6,331 million and the interest rate used to calculate the borrowing costs eligible for capitalization is 2.1%.
2
Other includes the cumulative effect of changes in accounting policies, effects of changes in foreign currency exchange rates and effects of the
offset related to government grants.