LG 2006 Annual Report Download - page 68

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LG ELECTRONICS INC.
NON-CONSOLIDATED STATEMENTS OF CASH FLOWS
YEARS ENDED DECEMBER 31, 2006 AND 2005
(in millions of Korean won) 2006 2005
Changes in operating assets and liabilities
Decrease (increase) in trade accounts and notes receivable 296,236 (678,458)
Decrease in other accounts receivable 24,252 257,261
Increase in accrued income (2,131) (39,288)
(Increase) decrease in advances (8,889) 622
(Increase) decrease in other current assets (20,485) 142
Decrease in inventories 334,492 267,168
Increase in prepaid expenses (6,038) (29,967)
Increase in long-term advance payments (11,782) (33,277)
Increase in long-term prepaid expenses (30,461) (61,818)
Decrease (increase) in deferred income tax assets 200 (55,856)
(Decrease) increase trade accounts and notes payable (24,361) 13,662
Decrease in other accounts payable (18,268) (5,464)
Decrease in accrued expenses (77,616) (123,959)
Increase (decrease) in withholdings 13,084 (13,110)
Increase in advances from customers 70,758 14,273
Increase (decrease) in income taxes payable 20,842 (64,326)
Payment of severance benets (210,763) (156,161)
Decrease (increase) in severance insurance deposits 9,033 (22,151)
Decrease in contribution to the National Pension Fund 4,076 3,104
(Decrease) increase in deferred income tax liabilities (46,747) 95,985
Dividend received 16,673 17,421
Others (56,664) (550)
275,441 (614,747)
Net cash provided by operating activities 1,814,981 1,147,359
CASH FLOWS FROM INVESTING ACTIVITIES
Disposal of short-term investments assets - 111,876
Increase in short-term and long-term loans, net (8,939) (49,828)
LG ELECTRONICS
FINANCIAL STATEMENTS