Samsung 2008 Annual Report Download - page 88

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
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
CONTINUED
(D) Dividend Yield Ratio
(C) Dividend Payout Ratio
(In millions of Korean won)
1. The average closing price for a week before 2 trading days prior to closing date of shareholders’ list.
Dividend per share
￦
5,500
￦
5,550
￦
8,000
￦
8,050
Market price 1 464,625 278,250 566,600 426,700
Dividend yield ratio 1.18% 1.99% 1.41% 1.89%
2008 2007
Common Stock Preferred Stock Common Stock Preferred Stock
Dividends
￦
808,852
￦
1,171,135
Net income 5,525,904 7,425,016
Dividend payout ratio 14.64% 15.78%
2008 2007
23. TREASURY STOCK
As of December 31, 2008, the Company holds 20,263,429 common shares and 2,979,693 preferred shares as treasury stocks.
24. STOCK-BASED COMPENSATION
The Company has a stock option plan that provides for the granting of stock purchase options to employees or directors who have
contributed or are expected to contribute to the management and technological innovation of the Company.
A summary of the terms and the number of outstanding stock options as of December 31, 2008 is as follows:
1. The exercise price can be adjusted in the case of the issuance of new shares, stock dividends, stock splits, or stock mergers.
2. All options currently in issue are fully vested.
Total grants 1,500,000 3,099,500 988,000 121,000 368,100 590,000 10,000 10,000
Forfeitures and
exercises
prior to 2008 730,644 1,996,796 457,681 38,318 167,978 53,061 2,800 -
Exercised
during 2008 247,641 176,889 104,562 25,792 34,680 12,068 7,200 -
Outstanding
stock options 521,715 925,815 425,757 56,890 165,442 524,871 - 10,000
Exercise price 1
￦
272,700
￦
197,100
￦
329,200
￦
342,800
￦
288,800
￦
580,300
￦
460,500
￦
606,700
Exercise period
from the date
of the grant 2 3 ~10 years 3 ~10 years 2 ~10 years 2 ~10 years 2 ~10 years 2 ~10 years 2 ~ 4 years 2 ~10 years
Date of the Grant
March 16, March 9, February 28, March 25, March 7, April 16, October 15, December 20,
2000 2001 2002 2002 2003 2004 2004 2005
25. INCOME TAX
Income tax expense for the years ended December 31, 2008 and 2007, consists of the following:
(In millions of Korean won)
Current income taxes
￦
1,198,146
￦
1,833,087
Deferred income taxes (507,963) (95,524)
Items charged directly to equity (2,622) (27,671)
￦
687,561
￦
1,709,892
2008 2007