LG 2000 Annual Report Download - page 46

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In millions of Korean won except for EPS amounts 2000 1999
Sales (Note 22) W14,835,674 W10,546,099
Cost of sales (Note 22) 11,820,761 8,356,103
Gross profit 3,014,913 2,189,996
Selling and administrative expenses 2,093,828 1,505,984
Operating income 921,085 684,012
Non-operating income :
Interest income 66,933 87,553
Dividends income 299 27,278
Foreign exchange gains 185,552 228,425
Gain on disposal of property, plant and equipment 2,359 14,431
Gain on disposal of investments (Note 7) 254,910 2,398,007
Gain on valuation of investments –40,644
Gain on disposal of intangible assets (Note 7) –281,391
Equity in earnings of affiliates, net (Note 7) 287,368 –
Royalty income 56,154 43,114
Other 188,145 102,940
1,041,720 3,223,783
Non-operating expenses :
Interest expense 436,870 509,269
Foreign exchange losses 275,389 260,780
Loss from transfer of trade accounts and notes receivable 196,222 106,437
Loss from disposal of property, plant and equipment 24,675 63,500
Loss from disposal of investments 83,865 33,256
Loss from redemption of debentures 664 75,718
Equity in losses of affiliates, net –146,371
Donations 6,875 95,846
Other bad debt expenses 53,657 –
Other 156,052 28,713
1,234,269 1,319,890
Ordinary income 728,536 2,587,905
Extraordinary gains 188 –
Extraordinary losses ––
Income before income tax expenses 728,724 2,587,905
Income tax expenses (Note 19) 226,541 582,884
Net income 502,183 2,005,021
Ordinary income and earnings per share (Note 20) (in Korean won)
Basic ordinary income per share 4,430 18,494
Basic earnings per share 4,431 18,494
Diluted ordinary income per share 4,367 18,258
Diluted earnings per share W 4,368 W 18,258
The accompanying notes are an integral part of these financial statements.
46
Non-Consolidated Income Statements
For the years ended December 31, 2000 and 1999