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103102
2014 Samsung Electronics Annual Report2014 Samsung Electronics Annual Report
(B) Balances of receivables and payables
Balances of receivables and payables arising from sales and purchases of goods and services as at December 31, 2014 and 2013, are as follows: (In millions of Korean won)
2014 Name of Company1Receivables Payables
Associates Samsung SDS ₩3,353 ₩359,001
Samsung Electro-
Mechanics
1,431 237,816
Samsung Techwin 1,353 18,977
Samsung Card 5,431 1,124,240
Other 61,903 393,963
Total (associates)73,471 2,133,997
Joint ventures Siltronic Samsung Wafer 19,143 11,445
Other 474 39,262
Total (joint ventures)19,617 50,707
Other related parties Cheil Industries Inc.2187,108 288,984
Samsung SDI 4,771 122,936
Other 18,052 126,422
Total
(other related parties)
209,931 538,342
1 Balances due from and to separate entities that are related parties of the Group.
2 During the year ended December 31, 2014, Samsung Everland changed its name to Cheil Industries Inc.
(In millions of Korean won)
2013 Name of Company1Receivables Payables
Associates Samsung SDS ₩11,319 ₩479,417
Samsung Electro-
Mechanics 5,972 168,494
Samsung Techwin 1,879 44,286
Samsung Card 8,539 476,009
Other 44,211 330,348
Total (associates)71,920 1,498,554
Joint ventures Samsung Corning
Precision Materials
3,514 266,400
Siltronic Samsung Wafer - 1,454
Other 3 25
Total (joint ventures)3,517 267,879
Other related parties Cheil Industries Inc.2188,982 282,777
Samsung SDI 4,863 39,207
Other 45,997 172,500
Total
(other related parties)
239,842 494,484
1 Balances due from and to separate entities that are related parties of the Group.
2 During the year ended December 31, 2014, Samsung Everland changed its name to Cheil Industries Inc.
(C) Key management compensation
Key management includes directors (executive and non-executive) and members of the Executive Committee. The compensation paid or payable for employee services for the
years ended December 31, 2014 and 2013, consists of: (In millions of Korean won)
2014 2013
Salaries and other short-term employee
benefits
₩26,969 ₩23,906
Termination benefits 973 763
Other long-term benefits 7,137 7,402