LG 2003 Annual Report Download - page 79

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LG Electronics Inc._Annual Report 2003 79
Notes to Non-Consolidated Financial Statements
For the years ended December 31, 2003 and 2002
Changes in investments in subsidiaries and affiliates accounted for using the equity method for the year ended
December 31, 2003 are as follows:
(in millions of Won)
Equity in earnings
January 1, (losses) of December
2003 affiliates, net Others 31, 2003
DOMESTIC COMPANIES
LG Micron Ltd. ￦35,541 ￦4,165 ￦46,364 ￦86,070
LG Sports Ltd. 1,916 464 (1,176) 1,204
LG Innotek Co., Ltd. 117,645 12,654 6,740 137,039
LG Investment & Securities Co., Ltd. 145,270 - (145,270) -
LG.Philips LCD Co., Ltd. 715,488 539,982 4,434 1,259,904
LG IBM PC Co., Ltd. 15,133 4,078 (4,663) 14,548
Hi Plaza Inc. 55,685 5,120 1 60,806
STIC Ventures Co., Ltd. - - 28,200 28,200
Hi Logistics System (HLS) - - 4,500 4,500
1,086,678 566,463 (60,870) 1,592,271
OVERSEAS COMPANIES
LG Electronics Alabama, Inc. (LGEAI) 58,736 1,250 (6,870) 53,116
LG Electronics Huizhou Inc. (LGEHZ) 14,938 6,431 (1,426) 19,943
LG Electronics India Pvt. Ltd. (LGEIL) 77,191 40,946 (5,074) 113,063
PT LG Electronics Indonesia (LGEIN) 16,434 5,423 2,010 23,867
Nanjing LG-Tontru Color Display
System Co., Ltd. (LGENT) 10,520 5,359 (19) 15,860
LG Electronics Service Europe
Netherlands B.V. (LGESE) 23,498 (6,232) 2,937 20,203
LG Electronics Shenyang Inc. (LGESY) 8,205 3,737 (111) 11,831
LG Electronics Tianjin Appliance
Co., Ltd. (LGETA) 99,315 10,025 (2,489) 106,851
LG Electronics U.S.A., Inc. (LGEUS) 39,822 2,832 (60) 42,594
LG.Philips Displays Holding B.V. 433,819 (456,253) 22,434 -
LG Electronics Wales Ltd. (LGEWA) 54,262 (611,807) 557,545 -
Others 431,611 (152,745) 343,414 622,280
1,268,351 (1,151,034) 912,291 1,029,608
￦2,355,029 ￦(584,571) ￦851,421 ￦2,621,879