Samsung 1998 Annual Report Download - page 39

Download and view the complete annual report

Please find page 39 of the 1998 Samsung annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 67

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67

STATEMENTS OF CASH FLOWS
for the years ended December 31, 1998 and 1997
Thousands of Korean Won Thousands of US Dollars (Note 3)
1998 1997 1998 1997
Cash flows from operating activities
Net income 313,216,038 123,504,909 259,500 102,324
Items not involving cash flows
Depreciation and amortization 3,564,704,835 3,051,141,146 2,953,359 2,527,872
Provision for severance benefits 278,123,847 109,072,654 230,426 90,367
Loss on disposal of property, plant and equipment 43,697,330 26,792,411 36,203 22,197
Loss on disposal of investments
in subsidiaries and affiliated companies 190,521,622 1,416,553 157,847 1,174
Gain on disposal of investments
in subsidiaries and affiliated companies (78,075,469) (9,021,458) (64,686) (7,474)
Loss on foreign currency translation 64,162,045 285,948,927 53,158 236,909
Gain on foreign currency translation (75,031,139) (209,466,751) (62,163) (173,543)
Other (19,291,808) 147,877,613 (15,983) 122,516
4,282,027,301 3,527,266,004 3,547,661 2,922,342
Cash provided by operating activities
Accounts and notes receivable 793,593,412 (1,127,275,330) 657,492 (933,948)
Inventory 731,640,901 (161,761,679) 606,165 (134,020)
Accrued income (3,381,572) 1,079,205 (2,801) 894
Advance payment 88,680,695 (22,188,219) 73,472 (18,383)
Guarantee deposits 162,798,340 (168,446,519) 134,879 (139,558)
Accounts and notes payable 77,407,639 249,883,421 64,132 207,028
Accrued expenses (175,928,823) 424,971,148 (145,757) 352,089
Income taxes payable 33,070,957 4,685,879 27,399 3,882
Payment of severance benefits (578,445,789) (70,088,204) (479,243) (58,068)
Other (65,511,357) 125,657,948 (54,276) 104,108
5,345,951,704 2,783,783,654 4,429,123 2,306,366
Continued ;
The accompanying notes are an integral part of these statements.
38