LG 2001 Annual Report Download - page 18

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»18
LG Electronics Inc. The
43
rd Annual Report
Message from CFO
Plans for 2002
CAPEX and R&D Investment
We are expecting a slow recovery in 2002 and will remain conservative regarding
investment. We plan to reduce CAPEX spending by 12% and increase R & D investment
by 24%. Major CAPEX investment planned will include 38 billion won in PDP, 30.3 billion
in Digital TV, and 47.7 billion won in Mobile Handset.
Debt Repayment
A portion of LGE’s 4.1 trillion won in debt will be transferred to LGEI after the
demerger, resulting in a reduction in interest payments. We will strive towards further
financial stability by generating more free cash-flow from improved profitability and the sell-
off of equity investments in non-core business.
Major sharerholder (LGCI etc.) Common 44,626,441 28.8
Preferred 4,005 0.0 Affiliated
Sub-total 44,630,446 25.6 companies
CITIBANK N.A. (ADR DEPT) Common 292,051 0.2
Preferred 4,855,345 25.4 None
Sub-total 5,147,396 3.0
National Pension Co., Ltd. Common 4,030,070 2.6
Preferred 〃
Sub-total 4,030,070 2.3
JPMCB-TEMP FDS / TEM WLD Common 3,721,000 2.4
Preferred 〃
Sub-total 3,721,000 2.1
Korea Stock Market Common 2,771,003 1.8
Stablisation Fund Preferred 200,175 1.0 〃
Sub-total 2,971,178 1.7
The Government of Singapore Common 2,376,070 1.5
Preferred 〃
Sub-total 2,376,070 1.4
Total Common 57,507,565 37.1
Preferred 5,059,525 26.5
Total 62,567,090 35.9
Name Type of shares No. of shares Ownership(%) Company relations
Major Stockholders
Billion KRW, % Change YoY
CAPEX R&D Total
510 (-11.5%) 940 (23.9%) 1,450 (8.6%)
We plan to reduce CAPEX
spending by 12% and
increase R & D investment
by 24% in 2002.