Samsung 1998 Annual Report Download - page 51

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10. Long-Term Debt, Continued :
(C) Debentures outstanding at December 31, 1998 and 1997 consist of the following:
Thousands of Korean Won
Won Currency Loans Foreign Currency Loans Debentures Total
1999 336,212,983 536,291,310 740,000,000 1,612,504,293
2000 215,109,701 699,542,709 870,000,000 1,784,652,410
2001 150,450,893 1,016,633,541 2,715,000,000 3,882,084,434
2002 69,885,445 556,852,928 - 626,738,373
2003 25,905,643 145,332,401 33,000,000 204,238,044
Thereafter 20,107,025 56,635,900 - 76,742,925
817,671,690 3,011,288,789 4,358,000,000 8,186,960,479
11. Foreign currency notes and bonds
Unsecured Foreign currency notes and bonds at December 31, 1998 and 1997 consist of the following:
Thousands of Korean Won
Due Date 1998 1997
foreign currency notes and bonds at
December 31, 1998 and 1997 consist of the following:
US$ denominated floating rate notes ( A ) December 22, 1998 - 63,684,000
US$ denominated floating rate notes ( B ) June 21, 1999 241,560,000 283,040,000
￥denominated floating rate notes ( C ) December 29, 1999 210,694,000 217,564,000
ECU denominated floating rate notes ( D) May 16, 2000 129,089,664 151,256,576
US$ denominated straight bonds ( E ) November 1, 2002 197,324,325 283,040,000
DM denominated straight bonds ( F ) March 24, 2000 215,436,000 237,285,000
US$ denominated straight bonds ( G ) October 1, 2002 220,290,642 321,250,400
US$ denominated straight bonds ( H ) October 1, 2027 120,780,000 141,520,000
￥denominated straight bonds ( I ) April 23, 2003 155,808,213 217,564,000
DM denominated straight bonds ( J ) December 16, 2001 215,436,000 237,285,000
Convertible bonds ( K ) December 31, 2006 63,940,464 63,940,464
Convertible bonds ( L ) December 31, 2007 266,105,750 266,550,000
2,036,465,058 2,483,979,440
Less: current maturities (452,254,000) (63,684,000)
Less: discounts (6,490,667) (6,944,665)
Add: premiums 672,072 1,248,133
Less: conversion rights (124,763,554) (135,694,444)
1,453,628,909 2,278,904,464
(A) US$ denominated floating rate notes -
On December 22, 1993, the Company issued US$45 million of floating rate notes. These notes were listed on the Luxembourg
Stock Exchange, bearing interest at Libor plus 0.35%. The notes matured and were redeemed on December 22, 1998.
(B) US$ denominated floating rate notes -
On June 21, 1994, the Company issued US$200 million of floating rate notes. These notes are listed on the Luxembourg Stock
Exchange, bear interest at Libor plus 0.3% and will mature on June 21, 1999.
(C) ￥denominated floating rate notes -
On September 26, 1994, the Company issued ￥20,000 million of floating rate notes. These notes are listed on the Luxembourg
Stock Exchange, bear interest at Yen Libor plus 0.35% and will mature on December 29, 1999.
(D) ECU denominated floating rate notes -
On May 16, 1995, the Company issued ECU 80 million of floating rate notes. These notes are listed on the Luxembourg Stock
Exchange, bear interest at ECU Libor plus 0.375% and mature on May 16, 2000 and were concluded the contract of Currency
Swap with Union Bank of Switzerland.
NOTES TO FINANCIAL STATEMENTS
50