LG 2002 Annual Report Download - page 28

Download and view the complete annual report

Please find page 28 of the 2002 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 42

  • 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

LG Electronics Inc. IAnnual Report 2002 I52 53
(In millions of Korean Won except for earnings per share amounts)
The accompanying notes are an integral part of these non-consolidated financial statements.
Continued;
(In millions of Korean Won)
The accompanying notes are an integral part of these non-consolidated financial statements.
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term borrowings (Note 10)
￦
42,393
Current maturities of long-term debt (Note 10) 703,018
Trade accounts and notes payable (Notes 5 and 22) 1,954,039
Other accounts payable (Note 5) 1,051,833
Income taxes payable (Note 19) 156,609
Accrued expenses (Note 5) 585,433
Withholdings 45,352
Advances from customers 197,428
Derivatives transaction credit (Note 14) 534
Total current liabilities 4,736,639
Debentures, net of current maturities and discounts on debentures (Note 11) 2,143,841
Long-term debt, net of current maturities (Note 11) 4,720
Accrued severance benefits, net (Note 13) 162,960
Product warranty provision 79,200
Other long-term liabilities 166
Total liabilities 7,127,526
Commitments and contingencies (Note 14)
Shareholders’ equity:
Capital stock (Note 15) 783,961
Capital surplus:
Additional paid-in capital (Note 16) 1,876,153
Retained earnings:
Unappropriated retained earnings before appropriations (Note 17) 277,716
Capital adjustments (Note 18) 67,222
Total shareholders’ equity 3,005,052
Total liabilities and shareholders’ equity
￦￦
10,132,578
Sales (Notes 22 and 23)
￦
13,905,098
Cost of sales (Note 22) 10,731,086
Gross profit 3,174,012
Selling and administrative expenses 2,512,339
Operating income (Note 23) 661,673
Non-operating income:
Interest income 35,506
Rental income 6,648
Foreign exchange gains 235,662
Gain on disposal of investments 10,403
Gain on disposal of property, plant and equipment 1,364
Gain on disposal of intangible assets 60
Equity in earnings of affiliates, net (Note 7) 26,666
Gain on business transfer 579
Gain on derivatives transactions (Note 14) 23,222
Gain on valuation of derivatives (Note 14) 2,110
Refund of income taxes 2,493
Reversal of bad debt allowance 6,302
Others 122,695
￦
473,710
For the nine-month period from April 1, 2002 (date of spin-off) to December 31, 2002
LG전자 - 본문 2003.4 .22 7:15 AM 페이지56