LG 2003 Annual Report Download - page 102

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102
Notes to Non-Consolidated Financial Statements
For the years ended December 31, 2003 and 2002
27. Value Added Information
Details of accounts included in the computation of value added for the year ended December 31, 2003 and the
nine-month period from April 1, 2002 (spin-off date) to December 31, 2002 are as follows:
(in millions of Won)
2003 2002
Selling and Selling and
administrative Manufacturing administrative Manufacturing
expenses costs Total expenses costs Total
Salaries ￦490,534 ￦590,443 ￦1,080,977 ￦197,477 ￦441,879 ￦639,356
Depreciation and
amortization 293,181 324,713 617,894 204,759 243,050 447,809
Welfare expenses 82,149 123,289 205,438 32,274 79,579 111,853
Severance benefits 57,248 78,502 135,750 32,587 53,456 86,043
Rental charges 44,770 13,946 58,716 24,907 8,500 33,407
Taxes and dues 9,449 8,376 17,825 4,188 5,380 9,568
￦977,331 ￦1,139,269 ￦2,116,600 ￦496,192 ￦831,844 ￦1,328,036
28. Environmental Investment
As of December 31, 2003 and 2002, the Company’s environmental investments, pursuant to environmental laws
and the Company’s environmental policies, amounted to ￦22,427 million and ￦13,669 million, respectively.
29. Employee Welfare and Social Contribution
The Company’s investments for employee welfare for the year ended December 31, 2003 and the nine-month
period from April 1, 2002 (spin-off date) to December 31, 2002 amounted to ￦214,955 million and ￦147,620
million, respectively.
The Company’s social contributions for the year ended December 31, 2003 and the nine-month period from
April 1, 2002 (spin-off date) to December 31, 2002 amounted to ￦8,271 million and ￦5,731 million, respectively.