LG 1999 Annual Report Download - page 26

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4
2
(In millions of Korean W on)
Unappropriated retained earnings before appropriations :
Unappropriated retained earnings carried over from prior year
￦
33
Additional provision of severance benefits (Note 13) (11,907)
Cumulative effect of retroactive adoption of the
revised accounting standards (Note 17) (727,055)
Net income for the year 2,005,021
1,266,092
Reversal of other reserve
Reserve for technological development 11,290
1,277,382
Appropriations of retained earnings (Note 17) :
Legal reserve 12,800
Reserve for business rationalization 200,000
Reserve for technological development 937,160
Cash dividends (Note 21) 127,378
1,277,338
Unappropriated retained earnings to be carried forward to subsequent year
￦
44
The accompanying notes are an integral part of these financial statements.
STATEMENTS OF RETAINED EARNINGS APPROPRIATIONS(LGE Inc. Only)
For the year ended December 31, 1999