Samsung 2006 Annual Report Download - page 90

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80
Location Investee Companies Percentage of
ownership (%)
Location
Korea Samsung Everland Co., Ltd. ¹ 25.64 Korea
Allat Corporation ¹ 30 Korea
Americas Content Management License Administrator LLC ² 25 U.S.A
Asia e-Samsung Asia (Holding) Pte. Ltd. ² 22.71 Singapore
Samsung Electronics Ticaret A.S. ² 20 Turkey
Future Technology & Service Coportion ² 28.6 Japan
Investments companies excluded from the application of equity method of accounting asof December 31, 2006, are as follows:
¹ In accordance with the Monopoly Regulations and Fair Trade Law No. 11, investments are excluded from the application of equity method of accounting
because SEC does not have the ability to exercise significant influence over the operating and financial policies.
² In accordance with the accounting principles generally accepted in the Republic of Korea, these investments are excluded from the application of equity
method of accounting either because their total assets at the end of the prior fiscal year end were less than \7,000 million, or are in the process of
liquidation.
Location Name of Subsidiaries Remark
Asia Samsung Telecommunications India(STI) Increase in assets
Samsung Electronics Asia Holding Pte. Ltd.(SEAH) Newly incorporated
China Samsung Electronics Beijing Service Co.,Ltd.(SBSC) Increase in assets
Hangzhou Samsung Eastcom Network Technology
Co., Ltd.(HSEN) Increase in assets
Europe Samsung Russia Service Center, Ltd.(SRSC) Increase in assets
Samsung Electronics Austria GmbH(SEAG) Increase in assets
Samsung Electronics RUS Co.(SERC) Newly incorporated
Changes in Subsidiaries Consolidated
(a) Details of subsidiaries newly included in the consolidated financial statements for the year ended December 31, 2006, are as follows:
Location Name of Subsidiaries Remark
Europe Samsung Electronics Limited(SEL) Dormant for more than 1 year
Samsung Telecoms (UK) Ltd.(STUK) Dormant for more than 1 year
(b)The subsidiaries excluded from the consolidated financial statements for the year ended December 31, 2006, are as follows: