Samsung 2001 Annual Report Download - page 61

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59
2001 2000 2001 2000
Retained earnings before appropriations:
Unappropriated retained earnings carried
over from prior year ￦31 ￦32 $24 $24
Cumulative effects of accounting changes - 6,761 - 5,098
Changes in retained earnings of
equity-method investees (9,875)-(7,447) -
Interim dividends:
(Dividend rate: 10% of par value) (84,312)(85,886)(63,584)(64,770)
Net income 2,946,935 6,014,530 2,222,425 4,535,845
Total retained earnings before approp. ￦2,852,779 ￦5,935,437 $2,151,418 $4,476,197
Transfers from voluntary reserves:
Reserve for overseas market development - ￦37,991 - $28,651
Reserve for overseas investment loss - 48,400 - 36,501
Reserve for research and
human resource development - 184,700 - 139,292
Reserve for export loss - 49,369 - 37,232
Total transfers from voluntary reserves - ￦320,460 - $241,676
Appropriations:
Legal reserve ￦500 ￦53,000 $377 $39,970
Reserve for business rationalization 1,000,000 1,000,000 754,148 754,148
Reserve for research and
human resource development 1,598,060 2,000,000 1,205,174 1,508,296
Cash dividends: 254,187 422,670 191,695 318,756
(Common stock: 30% in 2001 and 50% in 2000)
(Preferred stock: 31% in 2001 and 51% in 2000)
Reserve for loss on disposal of treasury stock - 200,000 - 150,830
Reserve for capital expenditures - 2,580,196 - 1,945,849
Total appropriations ￦2,852,747 ￦6,255,866 $2,151,394 $4,717,849
Unappropriated retained earnings carried
over to subsequent year ￦32 ￦31 $24 $24
Statements of Appropriations of Retained Earnings
For the years ended December 31, 2001 and 2000
Date of appropriations: February 28, 2002 and March 9, 2001 In millions of Korean won In thousands of U.S. dollars