LINE Corp | CIK:0001611820 | 3

  • Filed: 3/30/2018
  • Entity registrant name: LINE Corp (CIK: 0001611820)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1611820/000119312518102738/0001193125-18-102738-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1611820/000119312518102738/ln-20171231.xml
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  • ifrs-full:DisclosureOfDeferredTaxesExplanatory

    The movements in deferred tax assets and deferred tax liabilities for the years ended December 31, 2016 and 2017 are as follows:

     

                           (In millions of yen)  
         Beginning
    balance as of
    January 1,
    2016
        Amounts
    recorded under
    profit or loss
        Amounts
    recognized
    under other
    comprehensive
    income
        Other(1)     Ending
    balance as of
    December 31,
    2016
     

    Deferred tax assets:

              

    Tax losses

         3,132       (2,311 )      —         89       910  

    Depreciation

         920       849       —         0       1,769  

    Advances received

         2,967       332       —         —         3,299  

    Deferred revenue

         2,350       381       —         —         2,731  

    Restoration obligations for operating lease properties

         208       (151 )      —         0       57  

    Accrued bonuses

         614       135       —         1       750  

    Allowance for doubtful accounts

         85       495       —         —         580  

    Other accrued expenses

         421       263       —         1       685  

    Accrued enterprise taxes

         248       218       —         —         466  

    Available-for-sale financial assets

         558       80       8       (2 )      644  

    Share-based compensation

         719       378       —         —         1,097  

    Post-employment benefits

         1,018       416       (209 )      60       1,285  

    Tax effect on investments in subsidiaries and associates

         3,967       354       (199 )      —         4,122  

    Other

         425       488       —         36       949  
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Total

         17,632       1,927       (400 )          185       19,344  
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Deferred tax liabilities:

              

    Available-for-sale financial assets

         (2,107 )      36       446       (2 )      (1,627 ) 

    Prepaid expenses

         (350 )      (41 )      —         46       (345 ) 

    Intangible assets

         —         45       —         (148 )      (103 ) 

    Other

         (77 )      35       —         (2 )      (44 ) 
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Total

         (2,534 )      75       446       (106 )      (2,119 ) 
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

     

    (1)

    Movements in others are attributable mainly to the acquisition of M.T. Burn Corporation and to incremental costs directly attributable to the issuance of common shares, which were recognized as a deduction from equity.

     

                           (In millions of yen)  
         Beginning
    balance as of
    January 1,
    2017
        Amounts
    recorded under
    profit or loss
        Amounts
    recognized
    under other
    comprehensive
    income
        Other(1)     Ending
    balance as of
    December 31,
    2017
     

    Deferred tax assets:

              

    Tax losses

         910       (712 )      —         61       259  

    Depreciation

         1,769       601       —         (110 )      2,260  

    Advances received

         3,299       549       —         —         3,848  

    Deferred revenue

         2,731       (263 )      —         3       2,471  

    Restoration obligations for operating lease properties

         57       159       —         (1 )      215  

    Accrued bonuses

         750       121       —         (117 )      754  

    Allowance for doubtful accounts

         580       (209 )      —         6       377  

    Other accrued expenses

         685       (82 )      —         134       737  

    Accrued enterprise taxes

         466       (223 )      —         (2 )      241  

    Available-for-sale financial assets

         644       (387 )      27       (68 )      216  

    Share-based compensation

         1,097       77       —         (5 )      1,169  

    Post-employment benefits

         1,285       361       (488 )      26       1,184  

    Tax effect on investments in subsidiaries and associates

         4,122       (1,610 )      (160 )      24       2,376  

    Other

         949       74       —         (3 )      1,020  
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Total

         19,344       (1,544 )      (621 )      (52 )      17,127  
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Deferred tax liabilities:

              

    Available-for-sale financial assets

         (1,627 )      266       466       (132 )      (1,027 ) 

    Prepaid expenses

         (345 )      (11 )      —         —         (356 ) 

    Intangible assets

         (103 )      125       —         (846 )      (824 ) 

    Other

         (44 )      65       —         (22 )      (1 ) 
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

    Total

         (2,119 )      445       466       (1,000 )      (2,208 ) 
      

     

     

       

     

     

       

     

     

       

     

     

       

     

     

     

     

    (1)

    Movements in others are attributable mainly to the acquisition of NextFloor Corporation.