Samsung 1998 Annual Report Download - page 37

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STATEMENTS OF INCOME
for the years ended December 31, 1998 and 1997
Thousands of Korean Won Thousands of US Dollars (Note 3)
1998 1997 1998 1997
Sales (Note 19)
Domestic 6,494,496,605 8,013,718,934 5,380,693 6,639,369
Export 13,589,679,922 10,451,640,507 11,259,056 8,659,189
20,084,176,527 18,465,359,441 16,639,749 15,298,558
Cost of sales (Note 19) 13,975,748,868 12,701,065,224 11,578,914 10,522,838
Gross profit 6,108,427,659 5,764,294,217 5,060,835 4,775,720
Selling, general and administrative expenses 3,008,468,868 2,908,073,790 2,492,518 2,409,340
Operating profit 3,099,958,791 2,856,220,427 2,568,317 2,366,380
Non-operating income
Interest and dividend income 337,215,452 171,182,036 279,383 141,825
Gain on foreign currency transactions 1,041,919,177 1,869,713,309 863,231 1,549,058
Other 448,477,112 411,715,036 371,563 341,106
1,827,611,741 2,452,610,381 1,514,177 2,031,989
Non-operating expenses
Interest expenses 1,116,346,994 759,045,307 924,894 628,870
Amortization of deferred charges 1,882,034,879 1,581,287,365 1,559,267 1,310,097
Loss on foreign currency transactions 1,035,283,230 2,092,372,147 857,732 1,733,531
Other 453,052,701 720,061,983 375,354 596,572
4,486,717,804 5,152,766,802 3,717,247 4,269,070
Ordinary profit 440,852,728 156,064,006 365,247 129,299
Extraordinary income (Note 22) 283,726,603 65,610 235,068 54
Extraordinary loss (Note 8) 313,723,010 2,508,902 259,920 2,078
Net income before income taxes 410,856,321 153,620,714 340,395 127,275
Income taxes (Note 16) 97,640,283 30,115,805 80,895 24,951
Net income 313,216,038 123,504,909 259,500 102,324
Earnings per share
(Note 17) (in Korean Won and U.S.Dollar)
2,832 1,232 2 1
The accompanying notes are an integral part of these statements.
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