LG 2009 Annual Report Download - page 48

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NON-CONSOLIDATED STATEMENTS
OF FINANCIAL POSITION
December 31, 2009 and 2008
NON-CONSOLIDATED STATEMENTS
OF FINANCIAL POSITION
December 31, 2009 and 2008
(in millions of Korean won) 2009 2008
Assets
Current assets
Cash and cash equivalents \ 789,966 \ 1,156,645
Short-term financial instruments 223,000 50,000
Trade accounts and notes receivable, net 4,537,314 1,434,280
Other accounts receivable, net 205,575 237,940
Prepaid expenses 215,628 154,323
Accrued income, net 97,807 134,137
Advances, net 117,521 79,471
Short-term loans receivable 16,552 12,392
Derivative instrument assets - 5,371
Deferred income tax assets 380,518 290,323
Inventories, net 767,019 901,121
Other current assets, net 94,827 61,635
Total current assets 7,445,727 4,517,638
Long-term financial instruments 23,023 25,037
Long-term investment securities 78,367 12,079
Equity-method investments 8,764,147 7,760,488
Long-term loans receivable, net 103,674 75,900
Property, plant and equipment, net 3,644,343 3,710,704
Intangible assets, net 448,250 470,610
Refundable deposits 317,198 325,201
Long-term advance payments 272,145 233,256
Long-term prepaid expenses 474,360 201,029
Other investment assets 5,942 5,939
Total other assets 14,131,449 12,820,243
Total assets \ 21,577,176 \ 17,337,881
(in millions of Korean won) 2009 2008
Liabilities and Shareholders’ Equity
Current liabilities
Trade accounts and notes payable \ 3,819,977
\ 2,149,433
Short-term borrowings 187,246 302,305
Current maturities of long-term debts, net 700,052 275,378
Other accounts payable 1,313,016 1,286,398
Advances from customers 310,372 263,159
Unearned income 53,776 63,054
Withholdings 146,746 70,403
Accrued expenses 1,166,336 1,160,641
Income taxes payable 57,088 96,751
Derivative instrument liabilities 61,722 53,182
Product warranty reserve 195,853 220,884
Provisions for sales return 1,037 -
Total current liabilities 8,013,221 5,941,588
Debentures, net 1,340,093 1,568,435
Long-term debts, net 613,520 441,500
Accrued severance benefits, net 182,721 228,984
Deferred income tax liabilities 887,133 621,153
Derivative instrument liabilities 55,183 129,416
Provisions for restoration 3,188 -
Provisions for contingencies 322,324 -
Total liabilities 11,417,383 8,931,076
Commitments and contingencies
Shareholders’ equity
Capital stock 809,169 809,169
Capital surplus
Paid-in capital in excess of par value 2,207,919 2,207,919
Other capital surplus 460,725 443,992
Capital adjustment
Treasury stock (44,893) (44,893)
Accumulated other comprehensive income
Gain on valuation of available-for-sale securities 3,544 4,235
Gain on valuation of equity-method investments 708,496 886,794
Loss on valuation of equity-method investments (50,509) (17,634)
Retained earnings
Legal reserve 110,549 104,826
Discretionary reserve 3,949,343 3,280,276
Unappropriated retained earnings 2,005,450 732,121
Total shareholders’ equity 10,159,793 8,406,805
Total liabilities and shareholders’ equity \ 21,577,176 \ 17,337,881
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