Samsung 2005 Annual Report Download - page 91

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89
In accordance with consolidation accounting standards generally accepted in the Republic of Korea, the financial statements of the above
subsidiaries are excluded from the consolidated financial statements either because their total assets at the end of the prior fiscal year end
were less than \7,000 million, or were in the process of liquidation.
Subsidiaries excluded from the consolidated financial statements as of December 31, 2005, are as follows:
(in millions of Korean won)
Location Subsidiaries Primary business Capital Percentage of
ownership (%)
Location
Korea International Cyber
Marketing Co., Ltd
Internet game service \ 3,271 45.00 Korea
America SEMES America Inc.
(formerly known as KDNS America Inc.)
Service 477 100.00 U.S.A
Samsung Electronics Chile Ltda. Marketing and Service 968 99.99 Chile
Samsung Semiconductor International Inc. Holding company 5 100.00 Mexico
Samsung Semiconductor
Mexico, S.A.DE C.V.
Semiconductor sales 111 100.00 Mexico
Europe Samsung Russia Service Center, Ltd. Service 6,016 100.00 Russia
Samsung-Crosna Joint
Stock Company
Telecom (Exchanges) 255 67.00 Russia
Samsung Electronics Austria Gmbh Marketing 1,697 100.00 Austria
Samsung Electronics Ukraine Marketing 632 99.99 Ukraine
Samsung Telecommunications
Benelux
Installation and service
of telecom systems
128 100.00 Netherlands
Samsung Electronics
Manufacturing (UK) Ltd.
Electronic goods manufacturing 67,273 100.00 U.K.
Asia Samsung Telecommunications India Telephone manufacturing 4,836 100.00 India
China Beijing Samsung Telecommunication
R&D Center.
Research 5,387 100.00 China
Samsung Electronics
China R&D Center
Research 1,957 100.00 China
Samsung Semiconductor
China R&D., Ltd.
Research and development 2,065 100.00 China
Hangzhou Samsung Eastcom
Network Technology Co., Ltd.
Manufacturing and sales 6,078 70.00 China
Samsung Electronics
Beijing Service Co., Ltd.
Service 3,744 100.00 China