Samsung 2007 Annual Report Download - page 85

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83


Subsidiaries excluded from the consolidated financial statements as of December 31, 2007, are as follows:
In accordance with consolidation accounting standards generally accepted in the Republic of Korea, the financial statements of the above
subsidiaries are excluded from the consolidated financial statements because their total assets at the end of the prior fiscal year end were
less than
￦
7,000 million.
CHANGES IN SUBSIDIARIES CONSOLIDATED
(a) Details of subsidiaries newly included in the consolidated financial statements for the year ended December 31, 2007, are as follows:
Location Name of Subsidiaries Remark
Korea Bluetek Co., Ltd. Liquidation completed
(b) The subsidiaries excluded from the consolidated financial statements for the year ended December 31, 2007, are as follows:
(In millions of Korean won)
Location Name of Subsidiaries Remark
China Samsung Semiconductor (China) R&D Co., Ltd. (SSCR) Increase in assets
Europe Samsung Electronics LCD Slovakia s.r.o. (SELSK) Newly incorporated
Samsung Semiconductor Israel R&D Center Ltd. (SIRC) Newly acquired
Percentage of
Subsidiaries Primary Business Ownership(%) Location
SEMES America Inc. Service 100.00 U.S.A
Samsung Electronics Chile Limitada(Ltda) Marketing and service 99.99 Chile
Samsung Semiconductor International Inc. Holding company 100.00 Mexico
Samsung Semiconductor Mexico, S.A. de C.V. Semiconductor sales 100.00 Mexico
Tasman Properties, Inc. Real-properties collateral pledge 100.00 U.S.A
Samsung-Crosna Joint Stock Company Telecom(switchboard) 67.00 Russia
LLC Samsung Electronics Rus Kaluga CTV manufacturing 100.00 Russia
Samsung Electronics Istanbul Marketing & Trading LTD Company Marketing 100.00 Turkey
Samsung Electronics Ukraine Marketing 99.99 Ukraine
Samsung Telecom Benelux B.V. Installation and service of
telecom systems 100.00 Netherlands
Samsung Electronics Kazakhstan LLP Marketing 100.00 Kazakstan
Samsung Electronics Baltics S.I.A. Sale of electronic goods 100.00 Latvia
Samsung Electronics Romania LLC Marketing 100.00 Rumania
Samsung Semiconductor France S.A.R.L Semiconductor sales 100.00 France
Samsung Semiconductor Italia S.R.L Semiconductor sales 100.00 Italy
Samsung Semiconductor Sweden AB Semiconductor sales 100.00 Sweden
Samsung Electronics Limited - 100.00 U.K.
Samsung Telecoms(UK) Ltd. - 100.00 U.K.
Batino Realty Corporation Real-properties lease 38.90 Philippines
Beijing Samsung Telecom R&D Center Research 100.00 China
Samsung Electronics China R&D Center Research 100.00 China
Samsung Electronics Shenzhen Co., Ltd. Semiconductor sales 100.00 China