Samsung 2005 Annual Report Download - page 109

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107
Note 11: Property, Plant and Equipment
Property, plant and equipment as of December 31, 2005 and 2004, and its movements for the years then ended,
consist of the following:
(in millions of Korean won) 2005
Land Buildings and
structures
Machinery and
equipment
Construction
-in-progress /
Machinery-in-transit
Others Total
Balance at
January 1, 2005 \
2,273,296 \4,851,477 \12,188,848 \3,692,511 \956,264 \23,962,396
Acquisition 10,066 87,386 600,586 10,547,037 295,150 11,540,225
Transfer 517,979 1,058,292 8,293,915 (10,135,959) 265,773 -
Disposal (15,138) (35,780) (121,264) - (20,203) (192,385)
Depreciation - (346,148) (5,088,871) - (430,733) (5,865,752)
Others 1(17,429) (44,791) (22,234) (70,391) (13,478) (168,323)
Balance at
December 31, 2005 \ 2,768,774 \ 5,570,436 \15,850,980 \
4,033,198 \
1,052,773 \29,276,161
(in millions of Korean won) 2004
Land Buildings and
structures
Machinery and
equipment
Construction
-in-progress /
Machinery-in-transit
Others Total
Balance at
January 1, 2004 \2,169,558 \4,292,297 \10,569,971 \1,556,616 \881,890 \19,470,332
Acquisition 1,618 74,287 689,671 9,429,653 301,975 10,497,204
Transfer 209,629 1,037,375 5,610,612 (7,077,987) 220,371 -
Disposal (68,743) (188,471) (172,483) - (34,891) (464,588)
Depreciation - (271,273) (4,390,702) - (406,113) (5,068,088)
Others 1(38,766) (92,738) (118,221) (215,771) (6,968) (472,464)
Balance at
December 31, 2004 \2,273,296 \4,851,477 \12,188,848 \3,692,511 \956,264 \23,962,396
1 Others include amounts from changes in consolidation category, merger and changes in foreign currency exchanges rates.
In accordance with the Asset Revaluation Law, on January 1,
1980, 1982, 1998 and April 1, 1999, SEC revalued a substantial
portion of its property, plant, equipment and investments
in equity securities by \3,051,612 million. The remaining
revaluation increments amounting to \1,212,641 million,
net of revaluation tax, credits to deferred foreign currency
translation losses and others, were credited to capital surplus,
a component of shareholders’ equity.
In addition, on October 1, 2000, Samsung Gwangju
Electronics Co., Ltd. revalued a substantial portion of its
property, plant and equipment by \
63,326 million.
The revaluation increment of \ 62,145 million, net of revaluation
tax of \
1,181 million, was credited to capital surplus.