LG 2003 Annual Report Download - page 99

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LG Electronics Inc._Annual Report 2003 99
Notes to Non-Consolidated Financial Statements
For the years ended December 31, 2003 and 2002
25. Transactions with Related Parties
Significant transactions entered into in the ordinary course of business with related parties for the year ended
December 31, 2003 and the nine-month period from April 1, 2002 (spin-off date) to December 31, 2002, and the
related account balances outstanding as of December 31, 2003 and 2002, are summarized as follows:
(in millions of Won)
Sales Purchases Receivables Payables
LG Telecom, Ltd. ￦483,065 ￦20,342 ￦141,867 ￦8,671
LG Chem, Ltd. 12,650 236,374 3,303 23,190
Hi Plaza Inc. 808,310 59,720 4,449 3,955
LG IBM PC Co., Ltd. 206,418 124,415 29,471 7,300
LG MRO 692 227,412 31,686 18,242
Hitachi-LG Data Storage Inc. (HLDS) 965,307 49,906 56,093 1,402
LG Electronics Australia PTY, Ltd. (LGEAP) 386,827 8,169 286 346
PT LG Electronics Display Devices Indonesia (LGEDI) 287,307 5,969 39,364 721
LG Electronics Huizhou Inc. (LGEHZ) 640,716 4,205 524 14,264
LG Electronics Italy S.P.A. (LGEIS) 176,982 27,317 173 2,417
LG Electronics Service Europe Netherlands B.V. (LGESE)
901,192 19,820 12,516 6,296
LG Electronics U.S.A. Inc. (LGEUS) 674,007 68,696 30 4,860
Zenith Electronics Corporation (Zenith) 186,566 10,234 969 4,164
LG Infocomm U.S.A. Inc. (LGICUS) 2,312,072 3,985 2,271 839
LG International Corp. 122,761 43,436 33,382 1,223
LG.Philips LCD Co., Ltd. 77,544 540,534 23,903 57,980
Others 4,348,304 1,228,869 204,120 163,675
2003 ￦12,590,720 ￦2,679,403 ￦584,407 ￦319,545
2002 ￦7,360,895 ￦2,120,313 ￦990,556 ￦819,649