Samsung 2004 Annual Report Download - page 61

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For the years ended December 31, 2004 and 2003
Date of appropriations; February 28, 2005 and February 27, 2004
In millions of Korean won In thousands of U.S. dollars
Retained earnings before appropriations
Unappropriated retained earnings
carried over from the prior year ￦31 ￦31 $30 $30
Changes in retained earnings of
equity-method investees - 21,482 - 20,596
Interim dividends (Dividend rate: 100% in
2004 and 10% in 2003) (791,139) (81,541) (758,523) (78,179)
Retirement of treasury stock (3,025,128) (981,298) (2,900,410) (940,842)
Net income 10,786,742 5,958,998 10,342,035 5,713,325
Total retained earnings before appropriations
￦
6,970,506
￦
4,917,672 $6,683,132 $4,714,930
Appropriations
Legal reserve ￦3,000 ￦3,000 $2,876 $2,876
Reserve for business rationalization 1,000,000 1,000,000 958,773 958,773
Reserve for research and human
resource development 4,000,000 2,500,000 3,835,092 2,396,932
Cash dividends 772,711 805,143 740,854 771,949
(Common stock: 100% in 2004 and in 2003)
(Preferred stock: 101% in 2004 and in 2003)
Reserve for loss on disposal of treasury stock 550,000 - 527,325 -
Reserve for capital expenditure 644,765 609,498 618,183 584,370
Total appropriations
￦
6,970,476
￦
4,917,641 $6,683,103 $4,714,900
Unappropriated retained earnings carried
over to the subsequent year
￦
30
￦
31
$
29
$
30
NON-CONSOLIDATED STATEMENTS OF APPROPRIATIONS OF RETAINED EARNINGS
59
2004 2003 2004 2003