v3.25.1
Transactions with Related Parties
12 Months Ended
Dec. 31, 2024
Disclosure of transactions between related parties [abstract]  
Transactions with Related Parties Transactions with Related Parties
(1)Related parties of the Group include entities and individuals capable of exercising control or significant influence over the Group. Related parties include GungHo Online Entertainment, Inc. (the controlling shareholder with 59.31% common shares), its subsidiaries, members of board of directors, executives with strategic responsibilities and their immediate families.
(2)Account balances with related parties
Balances of receivables and payables to related parties as of December 31, 2024 and 2023 are as follows:
December 31, 2024December 31, 2023
Related partyName of entityReceivablesPayablesReceivablesPayables
(In millions of Korean won)
Parent companyGungHo Online
Entertainment, Inc.
3,333 1,972 
Other companyGungHo Online Entertainment America97— 
Total3,334 100 1,972 
(3)Transactions with related parties
The details of transaction with related parties for the years ended December 31, 2024, 2023 and 2022 are as follows:
202420232022
Related partyName of entityRevenuePurchasesRevenuePurchasesRevenuePurchases
(In millions of Korean won)
Parent companyGungHo Online
Entertainment, Inc.
17,233 16 18,417 15 25,741 20 
Other companyGungHo Online Entertainment America185 — 55 — 42 
Total17,234 201 18,417 70 25,741 62 
(4)Other transactions with related parties
No financing transactions were made with related parties for the years ended December 31, 2024, 2023 and 2022.
(5)Key management personnel compensation
The compensation for the key management personnel (registered directors), for the years ended December 31, 2024, 2023 and 2022 are as follows:
202420232022
(In millions of Korean won)
Salaries2,264 1,734 1,503