LG 2004 Annual Report Download - page 111

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LG Electronics Inc.
Notes to Non-Consolidated Financial Statements
December 31, 2004 and 2003
LG ELECTRONICS ANNUAL REPORT 2004
110
111
Salaries
Depreciation and
amortization
Welfare expenses
Severance benefits
Rental charges
Taxes and dues
(in millions of Korean won)
Selling and
administrative
expenses
632,759
284,198
88,818
67,667
55,694
14,346
1,143,482
2004
Manufacturing
costs
736,913
383,168
125,454
105,915
11,165
10,559
1,373,174
Total
1,369,672
667,366
214,272
173,582
66,859
24,905
2,516,656
27. Value Added Information
Details of accounts included in the computation of value added for the years ended December 31, 2004 and 2003, are as follows:
Selling and
administrative
expenses
490,534
293,181
82,149
57,248
44,770
9,449
977,331
2003
Manufacturing
costs
590,443
324,713
123,289
78,502
13,946
8,376
1,139,269
Total
1,080,977
617,894
205,438
135,750
58,716
17,825
2,116,600
28. Environmental Investments
For the year ended December 31, 2004, the Company’s environmental investments, pursuant to environmental laws and the Company’s
environmental policies, amounted to 38,552 million (2003: 22,427 million).
29. Employee Welfare and Social Contribution
The Company’s investments in employee welfare for the year ended December 31, 2004 amounted to 221,146 million (2003: 214,955 million).
The Company’s social contributions for the year ended December 31, 2004 amounted to 10,352 million (2003: 8,271 million).