Samsung 2006 Annual Report Download - page 110

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100
(A) Local currency loans as of December 31, 2006 and 2005, consist of the following:
As of December 31, 2006, certain bank deposits, and property,
plant and equipment are pledged as collaterals for the above long-
term debts (Notes 4 and 11). In addition, repayment of certain long-
term debts are guaranteed by various Korean financial institutions
and/or certain affiliated companies (Note 19).
Included in the long-term debts are the borrowings of Samsung
Card Co., Ltd. in an aggregate amount of \4,032,036 million
(2005: \4,386,262 million) as of December 31, 2006.
Note 15 : Long-Term Debts
Long-term debts as of December 31, 2006 and 2005, consist of the following:
(In millions of Korean won)
(B) Long-term debts denominated in foreign currencies as of December 31, 2006 and 2005, consist of the following:
Annual interest rates (%)
as of December 31, 2006 2006 2005
Royal Bank of Scotland 5.8 \185,920 \202,600
Shinhan Bank and others 5.8 - 8.1 65,072 23,228
Foreign financial institutions
(Overseas subsidiaries) 0.8 - 11.1 228,829 405,516
\479,821 \631,344
Reference 2006 2005
Korean won loans (A) \173,013 \542,216
Foreign currency loans, in Korean won equivalents (B) 479,821 631,344
Debentures (C) 6,329,701 7,304,732
6,982,535 8,478,292
Less: Current maturities (2,771,866) (3,786,791)
\4,210,669 \4,691,501
Annual interest rates (%)
as of December 31, 2006 2006 2005
Korea Energy Management Corporation 3.8 - 4.5 \576 \921
Samsung Life Insurance Co., Ltd. - - 320,000
Samsung Shinhan 4th Special Purpose Company - 172,320 215,346
Kookmin Bank and others 3.0 - 3.8 117 5,949
\173,013 \542,216
(In millions of Korean won)
(In millions of Korean won)