SK Telecom (US:SKM)2024-04-29 10:55Debt and Financial Obligations - As of December 31, 2023, 14.8% of the company's total outstanding long-term debt was denominated in foreign currencies, primarily in Dollars, while most revenue and operating expenses were in Won[362]. - The company has repayment obligations of W1,622.5 billion in 2024 and W2,419.1 billion in 2025 for long-term borrowings and bonds[372]. - Total contractual cash obligations as of December 31, 2023, amounted to W13,555.5 billion, with significant payments due in the next five years[381]. Capital Expenditures - The company's capital expenditures for 2023 totaled W2,973.9 billion, with 46.4% allocated to wireless networks, including 5G and LTE[366][367]. - Planned capital expenditures for 2024 are expected to be similar to 2023, focusing on expanding the 5G network, maintaining LTE, and developing AI-related technologies[371]. - The company expects to spend a similar amount on capital expenditures in 2024 as in 2023, with a focus on AI technology integration across various business areas[371]. Investments and Acquisitions - The company acquired a 100% interest in SK M&Service for W72.9 billion in February 2022 to enhance online distribution capabilities[374]. - In June 2023, the company invested US$100 million in Joby Aviation Inc. to develop emissions-free aerial ridesharing services[375]. Dividends and Cash Flow - Total cash outflows for dividends amounted to W773.8 billion in 2023, down from W904.0 billion in 2022[378]. Defined Benefit Obligations - The present value of defined benefit obligations as of December 31, 2023, was W1,121.7 billion, offset by defined benefit plan assets of W1,292.4 billion, resulting in net defined benefit assets of W170.7 billion[377].