Investment Property

12 Months Ended

Dec. 31, 2025

13.	Investment Property

(1)

Investment property as of December 31, 2025 and 2024 are as follows:


(In millions of won)
	December 31, 2025							December 31, 2024
	Acquisition cost		Accumulated depreciation			Carrying amount		Acquisition cost		Accumulated depreciation			Carrying amount
Land	₩	18,743		—			18,743		9,787		—			9,787
Buildings		36,741		(21,276	)		15,465		23,010		(14,981	)		8,029
Right-of-use assets		13,808		(8,175	)		5,633		16,518		(7,723	)		8,795

	₩	69,292		(29,451	)		39,841		49,315		(22,704	)		26,611

(2)

Changes in investment property for the years ended December 31, 2025 and 2024 are as follows:


(In millions of won)
	2025
	Beginning balance		Transfer			Depreciation			Ending balance
Land	₩	9,787		8,956			—			18,743
Buildings		8,029		8,708			(1,272	)		15,465
Right-of-use assets		8,795		(735	)		(2,427	)		5,633

	₩	26,611		16,929			(3,699	)		39,841


(In millions of won)
	2024
	Beginning balance		Transfer(*)			Depreciation			Ending balance
Land	₩	14,199		(4,412	)		—			9,787
Buildings		10,242		(1,143	)		(1,070	)		8,029
Right-of-use assets		10,371		73			(1,649	)		8,795

	₩	34,812		(5,482	)		(2,719	)		26,611

(*)

The Group decided to dispose of the shares of NATE Communications Corporation (formerly, SK Communications Co., Ltd.) and SK m&service Co., Ltd., the consolidated subsidiaries, and reclassified the investment property amounting to ₩1,719 million of SK m&service Co., Ltd. as assets held for sale.

(3)

The Group recognized lease income of ₩7,411 million and ₩5,526 million from investment property for the years ended December 31, 2025 and 2024, respectively.

(4)

The fair value of investment property is ₩86,702 million and ₩58,552 million as of December 31, 2025 and 2024, respectively.