Samsung 2006 Annual Report Download - page 111

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101
(C) Debentures outstanding as of December 31, 2006 and 2005, consist of the following:
Annual interest rates (%)
as of December 31, 2006 2006 2005
Non-guaranteed debentures 0.0 - 8.5 \5,318,500 \6,367,200
Subordinated convertible bonds 2 799,947 800,000
6,118,447 7,167,200
Add: Premium for non-executed rights 334,676 334,698
Less: Conversion rights (116,153) (186,024)
Discounts (7,269) (11,142)
\6,329,701 \7,304,732
Maturities of long-term debts outstanding, excluding premiums and discounts on debentures, as of December 31, 2006, are as follows:
For the years Ending
December 31
Local currency
loans
Foreign currency
loans
Debentures Total
2008 \282 \148,007 \2,191,947 \2,340,236
2009 172,320 3,373 1,110,000 1,285,693
2010 - 3,505 40,000 43,505
2011 - 23,199 250,000 273,199
Thereafter - 56,325 - 56,325
\172,602 \234,409 \3,591,947 \3,998,958
Samsung Card Co., Ltd., a domestic subsidiary, issued
subordinated convertible bonds on June 23, 2003 with principal
of \800,000 million, coupon rate of 2.0% and with a maturity date
of June 23, 2008. Convertible bonds are convertible to common
stock at the exercise price of \43,040 adjusted from \8,608
to reflect issuance of new shares of five to one on November
2, 2006, effective from June 23, 2006 (or when listed on the
exchange) through May 23, 2008. Premium of 9% (or 5% when
listed) on principal is additionally payable in case the bonds are
not converted to equity before the due date.
Reference Due date 2006 2005
SEC
USD denominated straight bonds ( A ) October 1, 2027 \92,960 \101,300
Overseas subsidiaries
USD denominated fixed rate notes ( B ) April 1, 2027 23,240 25,325
USD denominated fixed rate notes ( B ) April 1, 2030 23,240 25,325
139,440 151,950
Less : Discounts (5,643) (5,743)
\133,797 \146,207
Note 16 : Foreign Currency Notes and Bonds
Unsecured foreign currency notes and bonds as of December 31, 2006 and 2005, consist of the following:
(In millions of Korean won)
(In millions of Korean won)
(In millions of Korean won)