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ยป58
LG Electronics Inc. The
43
rd Annual Report
Notes to Financial Statements
for the years ended December 31, 2001 and 2000
have effect on operations.
3. Restricted Financial Instruments
As of December 31, 2000, short-term financial instruments of 3,012 million and as of December 31,
2001 and 2000, long-term financial instruments of 10,528 million and 10,749 million, respectively,
are deposited in connection with maintaining checking accounts, various short-term borrowings and long-
term debt, and research and development projects funded by the government. The withdrawal of these
financial instruments is restricted (see Notes 10 and 11).
4. Receivables
Receivables, including trade accounts and notes receivable, as of December 31, 2001 and 2000
comprise the following (Millions of Won) :
Maturities of certain trade accounts and notes receivable from customers which are suffering financial
difficulties and are in process of corporate reorganization under the court or composition are rescheduled
and the receivables are discounted to record present value. Future annual maturities of such receivables
outstanding as of December 31, 2001 are as follows :
2001 2000
Trade accounts and
notes receivable 1,161,165 88,255 306 1,072,604 896,516 94,208 2,707 799,601
Other accounts
receivable 169,220 38,940 - 130,280 185,700 21,559 - 164,141
Accrued income 82,002 5,755 - 76,247 225,637 34,098 - 191,539
Advances 135,464 1,373 - 134,091 160,225 1,445 - 158,780
Other current assets 9,351 60 - 9,291 6,910 6 - 6,845
Long-term trade
accounts receivable 336 3 - 333 4,547 45 - 4,502
Long-term loans 133,474 22,745 - 110,729 148,082 31,105 - 116,977
1,691,012 157,131 306 1,533,575 1,627,617 182,525 2,707 1,442,385
Original
amount
Allowance for
doubtful
accounts
Discounts for
present
value
Net
carrying
value
Original
amount
Allowance for
doubtful
accounts
Discounts for
present
value
Net
carrying
value