Samsung 2005 Annual Report Download - page 86

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84
Note 1: The Company
Samsung Electronics Co., Ltd. (“SEC”) was incorporated
under the laws of the Republic of Korea to manufacture and
sell semiconductors, telecommunication products, home
appliances and digital media products.
SEC’s shares of stock are publicly traded, and all issued and
outstanding shares are listed on the Korea Stock Exchange.
As of December 31, 2005, the major shareholders of SEC’s
shares of stock, including preferred stock, and their respective
shareholdings, are as follows:
Name of Shareholder Number of
Shares
Percentage of
Ownership(%)
Citibank N.A. 18,767,519 11.03
Samsung Life Insurance Co., Ltd. 10,690,660 6.28
Samsung Corporation 5,917,362 3.48
Lee Kun-Hee and others 5,161,602 3.03
National Pension Corporation 4,838,367 2.84
NTC-GOV SPORE 3,145,475 1.85
Samsung Fire & Marine Insurance Co., Ltd. 1,856,370 1.09
Consolidated Subsidiaries
The consolidated financial statements include the accounts
of SEC and its controlled subsidiaries (collectively referred to
as “the Company”). Controlled subsidiaries include majority-
owned entities and entities in which SEC owns more than
30% of the total outstanding voting stock and is the largest
shareholder. Percentage of ownership is the sum of the
percentage of direct and indirect ownership. The consolidated
financial statements include the accounts of the consumer
financing subsidiary, Samsung Card, in accordance with the
consolidation accounting standards of the Republic of Korea.
Notes of Consolidated Financial Statements
Samsung Electronics Co., Ltd. and Subsidiaries
Years Ended December 31, 2005 and 2004