LG 2001 Annual Report Download - page 65

Download and view the complete annual report

Please find page 65 of the 2001 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 99

  • 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
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99

LG Electronics Inc. The
43
rd Annual Report
Notes to Financial Statements
for the years ended December 31, 2001 and 2000
TEMKO Korea Co., Ltd. 13.04 1,200 1,200 1,200 - - -
Other - 2,589 2,728 2,589 8,530 8,669 8,530
Overseas Companies
Gemfire Corp.
4.41 1,835 170 1,835 1,835 170 1,835
Erlang Technology Inc. 8.40 1,129 187 1,129 1,129 1,129 1,129
Mainstreet Networks(*3) 5.45 1,468 - - 1,468 - -
iTV Corporation(*3) 13.08 1,957 - - 1,957 - -
Pocket Science(*3) 4.42 473 - - 473 - -
Neopoint Inc.(*3) 16.62 1,604 - - 1,604 - -
E2OPEN.COM 6.25 9,744 3,606 9,744 - - -
Cenix Inc. 2.07 3,272 958 3,272 - - -
Monet Mobile Networks 1.90 1,299 871 1,299 - - -
SUNPOWER.INC 10.35 1,257 219 1,257 - - -
Other - 247 247 247 233 233 233
164,441 135,242 158,939 152,361 134,288 146,859
Debt securities
Bonds issued by government - 46,286 19,400 19,400 29,990 21,799 21,799
Senior secured note issued by Zenith - 132,600 153,800 153,800 135,195 148,686 148,686
ABS subordinated bond - 13,700 13,700 13,700 13,700 13,700 13,700
Corporate bond - - - - 10,000 10,000 10,000
Other - 44 44 44 44 44 44
192,630 186,944 186,944 188,929 194,229 194,229
Other investments total
549,096 405,683 429,380 537,715 376,486 387,221
Investments total
5,685,473 4,154,263 4,177,960 4,984,848 4,200,001 4,210,506
(*1) The equity method of accounting has been suspended due to accumulated losses.
(*2) Investments in small sized subsidiaries and affiliates whose total assets at the previous year-end are less than 7,000 million are
stated at cost in accordance with financial accounting standards generally accepted in the Republic of Korea.
(*3) Acquisition cost was written off due to negative net book value of the investment as of December 31, 2001.
(*) The equity method of accounting is applied based on most recent unaudited financial statements of subsidiaries and affiliates. Net
book values of non-marketable equity securities are recorded based on most recent unaudited financial statements.
Percentage of
Ownership(%) at
December 31, 2001
2001 2000
Acquisition Net asset Carrying Acquisition Net asset Carrying
cost value value cost value value