Samsung 1999 Annual Report Download - page 44

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STATEMENTS OF INCOME
For the year ended December 31, 1999 Thousands of Korean Won Thousands of U.S. Dollars (Note 3)
Sales (Note 19):
Domestic 8,850,624,784 $ 7,729,803
Export 17,267,160,967 15,080,490
26,117,785,751 22,810,293
Cost of sales (Note 19) 17,661,171,944 15,424,604
Gross profit 8,456,613,807 7,385,689
Selling, general and administrative expenses 3,975,113,690 3,471,715
Operating profit 4,481,500,117 3,913,974
Non-operating income:
Interest and dividend income 227,740,962 198,900
Gain on foreign currency transactions 267,472,334 233,600
Gain on foreign currency translation (Note 21) 261,416,440 228,311
Gain on valuation of investments using the equity method 298,242,218 260,474
Other 592,472,848 517,444
1,647,344,802 1,438,729
Non-operating expenses:
Interest expense 721,198,940 629,868
Loss on foreign currency transactions 280,490,610 244,970
Loss on foreign currency translation (Note 21) 106,594,502 93,096
Other 726,334,345 634,353
1,834,618,397 1,602,287
Ordinary profit 4,294,226,522 3,750,416
Extraordinary loss (Note 19) 266,258,185 232,540
Net income before income taxes 4,027,968,337 3,517,876
Income tax expense (Note 17) 857,565,763 748,965
Net income 3,170,402,574 $ 2,768,911
Earnings per share (Note 18) (in Korean Won and U.S. Dollars) 19,214 $ 17
The accompanying notes are an integral part of this statement.
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