LG 1999 Annual Report Download - page 25
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(In millions of Korean W on)
Sales (Note 22)
￦
10,546,099
Cost of sales 8,356,103
Gross profit 2,189,996
Selling and administrative expenses 1,505,984
Operating income 684,012
Non-operating income :
Interest income 87,553
Dividends income 27,278
Foreign exchange gains 228,425
Gain on disposal of property, plant and equipment 14,431
Gain on disposal of investments (Note 7) 2,399,222
Gain on valuation of investments (Note 7) 49,528
Gain on disposal of intangible assets (Note 7) 281,391
Royalty income 43,114
Refund of income taxes 18,480
Other 74,361
3,223,783
Non-operating expenses :
Interest expense 509,269
Foreign exchange losses 260,780
Loss from transfer of trade accounts and notes receivable 106,437
Loss from disposal of property, plant and equipment 63,500
Loss from disposal of investments 33,256
Loss from redemption of debentures 75,718
Equity in loss of affiliates, net 146,371
Donations 95,846
Other 28,713
1,319,890
Ordinary income 2,587,905
Extraordinary gains -
Extraordinary losses -
Income before income tax expenses 2,587,905
Income tax expenses (Note 19) 582,884
Net income
￦
2,005,021
Ordinary income and earnings per share (Note 20) (in Korean Won)
Basic
￦
18,494
Diluted
￦
18,258
The accompanying notes are an integral part of these financial statements
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STATEMENTS OF INCOME (LGE Inc. Only)
For the year ended December 31, 1999