LG 2000 Annual Report Download - page 47

Download and view the complete annual report

Please find page 47 of the 2000 LG annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 83

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83

In millions of Korean won 2000 1999
Unappropriated retained earnings before appropriations :
Unappropriated retained earnings carried over from prior year W 44 W 33
Additional provision of severance benefits –(11,907)
Cumulative effect of retroactive adoption of the revised accounting standards 2,074 (727,055)
Net income for the year 502,183 2,005,021
504,301 1,266,092
Reversal of other reserves
Reserve for business rationalization 115,115 –
Reserve for technological development 407,237 11,290
Reserve for export losses 14,000 –
1,040,653 1,277,382
Appropriations of retained earnings (Note 17) :
Legal reserve 14,500 12,800
Reserve for business rationalization 70,000 200,000
Reserve for technological development 141,400 937,160
Reserve for redemption of redeemable preferred stock 544,000 –
Loss from disposal of treasury stock 125,868 –
Cash dividends (Note 21) 144,861 127,378
1,040,629 1,277,338
Unappropriated retained earnings to be carried forward to subsequent year W 24 W 44
The accompanying notes are an integral part of these financial statements
47
Non-Consolidated Statements of
Appropriations of Retained Earnings
For the years ended December 31, 2000 and 1999
Dates of appropriations : March 9, 2001 and March 17, 2000