Samsung 2005 Annual Report Download - page 111

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109
The amortization expense of intangible assets for the years ended December 31, 2005 and 2004,
is distributed into the following accounts:
(in millions of Korean won)
Account 2005 2004
Production costs \19,910 \17,379
Selling and administrative
expenses 74,352 53,630
Research and development
expenses 59,735 45,180
\ 153,997 \116,189
Accounts 2005 2004
Long-term financial instruments \9,311 \5,759
Long-term trade receivables, net 15,165 3,226
Long-term loans receivable, net 185,201 132,236
Long-term guarantee deposits 780,467 694,213
Long-term prepaid expenses 494,421 166,020
Others 15,152 59,905
\1,499,717 \1,061,359
(in millions of Korean won)
Note 13: Long-Term Deposits and Other Assets
Long-term deposits and other assets as of December 31, 2005 and 2004, consist of the following:
(in millions of Korean won) Annual interest rates (%)
as of December 31, 2005
2005 2004
General term loans from commercial banks 4.0 - 5.8 \1,786,157 \1,450,000
Notes discounted 4.0 - 4.8 853,215 1,228,439
Usance financing,
including document against acceptance loans incurred from
intercompany transactions 1.5 - 5.0 3,635,070 3,266,273
Short-term borrowings of overseas subsidiaries 0.0 - 14.0 1,533,423 1,156,508
\7,807,865 \7,101,220
Note 14: Short-Term Borrowings
Short-term borrowings as of December 31, 2005 and 2004 consist of the following: