Samsung 2014 Annual Report Download - page 68

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Financial Statements
9. Available-for-Sale Financial Assets
Changes in available-for-sale financial assets for the years ended December 31,
2014 and 2013, are as follows: (In millions of Korean won)
2014 2013
Balance as at January 1 ₩7,726,907 ₩6,488,049
Acquisitions 9,304,021 4,031,357
Disposals (2,521,342) (4,120,906)
Gain on valuation of available-for-sale
financial assets
(117,455)1,271,817
Impairment (63,600) (5,177)
Foreign exchange differences (127,288)939
Other11,753,064 60,828
Balance as at December 31 ₩15,954,307 ₩7,726,907
(A) Current portion 3,286,798 1,488,527
(B) Non-current portion 12,667,509 6,238,380
1 During the year ended December 31, 2014, the Group’s ownership interest in Samsung
SDI decreased. Consequently, KRW 1,550,241 million was reclassified from investment in
associate to available-for-sale financial assets.
(A) Short-term available-for-sale financial assets
Details of short-term available-for-sale financial assets as at December 31, 2014
and 2013, are as follows:
(In millions of Korean won)
2014 2013
Beneficiary certificates1₩2,166,143 ₩1,257,492
Government bonds 50,256 180,959
Bank debentures 1,070,399 50,076
Total ₩3,286,798 ₩1,488,527
1 Details of beneficiary certificates as at December 31, 2014 and 2013, are as follows:
(In millions of Korean won)
2014 2013
Bonds ₩952,931 ₩1,232,523
Time deposits 1,154,703 364
Call loans 50,760 15,449
Other 7,749 9,156
Total ₩2,166,143 ₩1,257,492
Changes in valuation gains (losses) recognized in equity (other comprehensive
income) on short-term available-for-sale financial assets for the years ended De-
cember 31, 2014 and 2013, are as follows:
(In millions of Korean won)
2014 2013
Balance as at January 1 ₩7,492 ₩8,873
Fair value gains 16,990 7,492
Net gains transferred from equity (7,492) (8,873)
Balance as at December 31 16,990 7,492
Deferred income tax (4,112) (1,813)
Total ₩12,878 ₩5,679
(B) Long-term available-for-sale financial assets
Details of long-term available-for-sale financial assets as at December 31, 2014
and 2013, are as follows:
(In millions of Korean won)
2014 2013
Equity securities - Listed ₩5,776,836 ₩4,399,314
Equity securities - Non-listed 3,746,393 782,297
Debt securities13,144,280 1,056,769
Total ₩12,667,509 ₩6,238,380
1 The maximum exposure to credit risk of available-for-sale debt securities is the carrying
value at the reporting date.