Samsung 2007 Annual Report Download - page 79

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77


1. THE COMPANY
Samsung Electronics Co., Ltd. (“SEC”) was incorporated under the laws of the Republic of Korea to manufacture and sell semiconduc-
tors, 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, 2007, 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. 14,089,230 8.28
Samsung Life Insurance Co., Ltd. 10,774,501 6.33
Samsung Corporation 5,917,362 3.48
National Pension Corporation 5,447,212 3.20
Lee Kun-Hee and related parties 4,790,712 2.82
EURO-PACIFIC GROWTH 2,823,753 1.66
Samsung Fire & Marine Insurance Co., Ltd. 1,856,370 1.09
NTC-GOV SPORE 1,777,715 1.04
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
YEARS ENDED DECEMBER 31, 2007 AND 2006