Samsung 2014 Annual Report Download - page 94

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Financial Statements
- Changes in assets and liabilities arising from operating activities (In millions of Korean won)
2014 2013
Changes in assets and liabilities:
Increase in trade receivables ₩(177,409) ₩(1,993,705)
(Increase) decrease in other receivables (701,942) 192,054
Decrease (increase) in advances 90,122 (144,720)
Increase in prepaid expenses (2,126,336) (321,953)
Decrease (increase) in inventories 266,961 (3,097,762)
Decrease in trade payables (265,898) (965,677)
Increase in other payables 1,053,152 1,296,263
(Decrease) increase in advances received (50,848) 49,495
(Decrease) increase in withholdings (10,687) 323,874
Increase in accrued expenses 1,586,212 2,261,910
(Decrease) increase in provisions (702,672) 2,009,248
Payment of severance benefits (407,517) (244,186)
Increase in plan assets (3,349,052) (837,296)
Other 958,778 159,210
Changes in net working capital, total ₩(3,837,136) ₩(1,313,245)
(B) The Group’s statements of cash flows are prepared using indirect method. Significant transactions not affecting cash flows for the years ended December 31, 2014
and 2013, are as follows: (In millions of Korean won)
2014 2013
Valuation of available-for-sale financial assets ₩(117,455) ₩1,271,817
Reclassification of construction in progress
and machinery in transit to property, plant and
equipment
19,979,420 16,578,339
Reclassification of available-for-sale financial
assets to assets held-for-sale
100,051 -
Reclassification of investment in associates to
assets held-for-sale
411,390 2,716,733
Valuation of investments in associates and joint
ventures
(128,932) 20,756
Reclassification of current maturities of long-
term borrowings
1,773,363 1,920,748
Reclassification of current maturities of bonds 5,496 505,277
(C) The Group reported cash receipts and payments arising from transactions occurring frequently and short-term financial instruments, loans, and borrowings on a net basis.