Samsung 2006 Annual Report Download - page 123

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113
Deferred income tax assets and liabilities from tax effect of temporary differences including available tax credit carryforwards and
undisposed accumulated deficit as of December 31, 2005, were as follows:
Temporary Differences Deferred Income Tax Asset (Liabilities)
Beginning
Balance
Increase
(Decrease)
Ending
Balance
Beginning
Balance
Increase
(Decrease)
Ending
Balance Current Non-
Current
Deferred tax arising from temporary differences
Special reserves
appropriated for
tax purposes
\(1,600,489) \(453,770) \(2,054,259) \(440,153) \(123,941) \(564,094) \(110) \(563,984)
Equity-method
investments (1,451,878) 171,335 (1,280,543) (272,470) (14,674) (287,144) - (287,144)
Depreciation (241,866) (376,210) (618,076) (66,658) (117,563) (184,221) (2,494) (181,727)
Capitalized interest
expense (164,103) 24,350 (139,753) (45,128) 6,696 (38,432) - (38,432)
Accrued income (535,561) 85,944 (449,617) (147,843) 24,216 (123,627) (123,296) (331)
Accrued expenses 1,974,456 229,605 2,204,061 551,383 52,312 603,695 557,630 46,065
Deferred foreign
exchange gains 41,997 (15,369) 26,628 11,001 (3,780) 7,221 176 7,045
Impairment losses
on investments 516,557 114,655 631,212 143,105 31,725 174,830 196 174,634
Others 758,956 6,354 765,310 194,534 (40,755) 153,779 77,490 76,289
\(701,931) \(213,106) \(915,037) \(72,229) \(185,764) \(257,993) \509,592 \(767,585)
Deferred tax assets arising from the carryforwards
Undisposed
accumulated deficit \2,261,378 \1,511,806 \3,773,184 \181,130 \153,383 \334,513 \15,744 \318,769
Tax credit carryforwards \587,918 \648,566 \1,236,484 \531,845 \377,959 \909,804 \625,535 \284,269
Deferred tax relating to items charged to equity
Other capital adjustments \ - \(757,513) \(757,513) \ - \(210,876) \(210,876) \7,571 \(218,447)
\775,448 \1,158,442 \(382,994)
The Company periodically assesses its ability to recover deferred income tax assets. In the event of a significant uncertainty regarding the
Company’s ultimate ability to recover such assets, a valuation allowance is recorded to reduce the assets to its estimated realizable value.
(In millions of Korean won)