Samsung 2006 Annual Report Download - page 84

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74
Samsung Electronics Co., Ltd. (“SEC”) was incorporated under the laws of the Republic of
Korea to manufacture and sell semiconductors, LCD, telecommunication products, digital
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, 2006, the major shareholders of SEC, including preferred
shareholders, and their respective shareholdings, are as follows:
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 Co., Ltd., in accordance with the consolidation accounting
standards of the Republic of Korea.
Name of shareholder Number of
shares
Percentage of
ownership (%)
Citibank N.A. 16,022,453 9.42
Samsung Life Insurance Co., Ltd. 10,690,171 6.28
Samsung Corporation 5,917,362 3.48
Lee Kun-Hee and related parties 4,790,712 2.82
National Pension Corporation 4,760,900 2.8
NTC-GOV SPORE 2,617,085 1.54
Samsung Fire & Marine Insurance Co., Ltd. 1,856,370 1.09
Note 1 : The Company
Notes of Consolidated Financial Statements
Years Ended December 31, 2006 and 2005
Samsung Electronics Co., Ltd. and Subsidiaries