| Contract Assets and Liabilities |
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Contract Assets and Liabilities | In case of providing both wireless telecommunication services and sales of handsets, the Group allocated the consideration based on relative stand-alone selling prices and recognized unbilled receivables from handset sales as contract assets. The Group recognized receipts in advance for prepaid telecommunications services and solution services, and unearned revenue for customer loyalty programs as contract liabilities.
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(1) |
Details of contract assets and liabilities as of December 31, 2025 and 2024 are as follows: |
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| Contract assets |
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₩ |
188,609 |
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136,737 |
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| Contract liabilities: |
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| Wireless service contracts |
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21,807 |
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20,275 |
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| Customer loyalty programs |
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5,920 |
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5,694 |
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| Fixed-line service contracts |
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288,421 |
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151,427 |
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| Others |
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85,795 |
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52,310 |
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₩ |
401,943 |
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229,706 |
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(2) |
Amounts of revenue recognized for the years ended December 31, 2025 and 2024 related to the contract liabilities carried forward from the prior periods are ₩145,572 million and ₩113,792 million, respectively. Details of revenue expected to be recognized from contract liabilities as of December 31, 2025 are as follows: |
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| Wireless service contracts |
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₩ |
21,807 |
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— |
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— |
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21,807 |
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| Customer loyalty programs |
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4,221 |
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1,138 |
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|
561 |
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5,920 |
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| Fixed-line service contracts |
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95,859 |
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22,489 |
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170,073 |
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288,421 |
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| Others |
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85,795 |
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— |
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— |
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85,795 |
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₩ |
207,682 |
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23,627 |
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170,634 |
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401,943 |
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