LG 2003 Annual Report Download - page 67

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LG Electronics Inc._Annual Report 2003 67
Notes to Non-Consolidated Financial Statements
For the years ended December 31, 2003 and 2002
(in millions)
2003 2002
Foreign currencies Won equivalent Foreign currencies Won equivalent
Other accounts payable AUD 14 ￦12,891 AUD 14 ￦9,541
CAD 5 5,087 CAD 5 3,912
EUR 43 65,033 EUR 26 32,100
JPY 3,743 41,910 JPY 4,063 41,151
USD 164 196,867 USD 140 168,555
Others 3 3,882 Others - 3,479
325,670 258,738
Accrued expenses USD 64 76,106 USD 42 50,078
Others 4,661 Others - 1,465
80,767 51,543
7. Inventories
Inventories as of December 31, 2003 and 2002 comprise the following:
(in millions of Won)
2003 2002
Merchandise ￦21,268 ￦26,795
Finished products 550,286 479,835
Work-in process 348,850 244,200
Raw materials 490,126 325,494
Parts and supplies 93,634 104,366
￦1,504,164 ￦1,180,690
See Note 13 for inventories insured against various property risks.
8. Long-Term Investment Securities
Long-term investment securities as of December 31, 2003 and 2002 are as follows:
(in millions of Won)
2003 2002
Available-for-sale securities ￦246,668 ￦99,740
Held-to-maturity securities 44 97,861
￦246,712 ￦297,601