Ratios Analysis

RATIOSLiquidity ratios

a) Current ratio = Current assets Current liabilities For 2005

Current ratio = 14040781 8238179 =1.7 For 2006

Current ratio = 15764057 10371383

= 1.5

For 2007

Current ratio = 17719703 11516361

= 1.5

NOTE: Current ratio is depends on debtors pay back period and creditors pay back period and in the above figure the current ratio fluctuate between 1.7 to 1.5 it shows that firm is becoming insufficiently liquid every year which is not good.

b) Quick ratio = Current Assets-Inventory-Prepaid Expenses Current Liabilities

Quick Assets = Current assets-stock-prepaid expenses

For 2005 Quick Ratio = Quick Assets Current Liabilities = 9090199 8238179

=1.1

For 2006 Quick ratio = 9772894 10371383

=.94

For 2007 Quick Ratio = 11094587 11516361

= .96

NOTE: In the above figure quick ratio is decreasing from 1.1 to .96 it shows the ability of the firm to repay its short term obligation is not perfect.

B) Solvency Ratios

a)Debt Equity Ratio= Long term debts Shareholder’s Fund

For 2005 Debt Equity Ratio = Debt Equity

= 2504328 39147690 = 0.06 For 2006

Debt Equity Ratio = 3136185 48719696 = 0.06 For 2007

Debt Equity Ratio = 3051473 54968682 = 0.05

NOTE: In the figure for the first two years debt equity ratio is constant but in the third year it decrease it shows Equity is increasing but LTD is decreasing so it is good for the firm because companies liabilities is decreasing so company paid less interest on their LTD.

b) Debt to Total Funds Employed

Debt to total funds Employed= Long term Debts Total Funds Employed

For 2005

Debt to total funds Employed= 2504328 41652018 = 0.06

For 2006

Debt to total funds Employed = 3136185 51855821 = 0.06

For 2006

Debt to total funds Employed = 3051473 58020155 = 0.05

NOTE: In the figure for the first two years debt equity ratio is constant but in the third year it decrease it shows Capital employed is increasing but LTD is decreasing so it is good for the firm because companies liabilities is decreasing so company paid less interest on their LTD.

C) Interest Coverage Ratio = NPBTAI Interest on LTD

For 2005 ICR = 8756636 . 41672

= 210.13

For 2006

ICR = 9920557

52612

= 188-56

For 2007

ICR =9200431 50990 = 180.43

NOTE: Interest coverage ratio in the above figure is decreasing it is good for the firm because companies interest is decreasing it mean their margin of profit is increasing.

C) Activity Ratio

a) Capital Turnover Ratio

Capital Turnover Ratio= Net Sales Capital Employed

For 2005

Capital Turnover Ratio= 56720306 41652018 = 1.36 times

For 2006


For 2007


NOTE: Capital Turnover Ratio in the figure is decreasing it shows company is not efficient with which the capital employed is utilized.

b) Fixed Asset Turnover Ratio

Fixed Asset Turnover Ratio = Net Sales Net Fixed Asset

For 2005

Fixed Asset Turnover Ratio = 56720306 24333854 = 2.33 times

For 2006

Fixed Asset Turnover Ratio = 63479833 31023081 = 2.04times

For 2007

Fixed Asset Turnover Ratio = 67351778 31745610 = 2.12 times

NOTE: In the above figure it shows initially company is not utilizing their fixed asset but in 2007 the ratio is increased it shows company I using their fixed asset efficiently.

c) Working Capital Turnover Ratio

Working Capital Turnover Ratio = Net Sales Working Capital

For 2005

Working Capital Turnover Ratio = 56720360 5802602 = 9.77

For 2006


For 2007


NOTE: in the above figure WCTR firstly increasing and decreased in 2007 which is not good from the companies point of view

d) Stock Turnover Ratio

Stock Turnover Ratio = Cost of Goods Sold Average Stock

For 2005

Stock Turnover Ratio = 39642794 2992974 = 13.24 times

For 2006


For 2007


NOTE: firstly STR is increasing which is not suitable for the company because their COGS are more but when STR is declining it is good for the company because their expense are declining.

e) Debtors Turnover Ratio

Debtors Turnover Ratio = Net Credit Sales Average Debtors

For 2005

Debtors Turnover Ratio = 56720360 2274932 = 24.93 times

For 2006

Debtors Turnover Ratio = 63479833 1582930 = 40.10 times

For 2007

Debtors Turnover Ratio = 67351778 2825873.5 = 23.83 times

NOTE: in the above figure firstly DTR is increased to much and it go up to 40.10 which is good for the company because the risk is less but when it declining in 2007 it shows the companies debtors are increasing which mean their risk is also increased.

f). Creditors Turnover Ratio

Creditors Turnover Ratio = Net Credit Purchases Average Creditors

For 2005

Creditors Turnover Ratio = 39642794 2542802 = 15.59 times

For 2006


For 2007


NOTE: Above figure shows when CTR is increased in 2006 it shows company is having less creditor but when it is increased in 2007 it is not good for the company because company is more liable to pay to their creditors.

D) Profitability Ratios

a) Gross Profit Ratio = Gross Profit × 100 Net Sales

For 2005

Gross Profit Ratio = 17077512 × 100 56720306 = 30.10 %

For 2006

Gross Profit Ratio = 17882682 × 100 63479833 = 28.17 %

For 2007

Gross Profit Ratio = 17408765 × 100 67351778 = 25.84%

NOTE: in the above figure it shows the GP is declining which is not good for the company because their margin of profit is decreasing.

f) Net Profit Ratio

Net Profit Ratio = Net Profit × 100 Net Sales

For 2005

Net Profit Ratio = 7542165 × 100 56720306 = 13.29 %

For 2006

Net Profit Ratio = 8531848 × 100 63479833 = 13.44 %

For 2007

Net Profit Ratio = 7915795 × 100 67351778 = 11.75 %

NOTE : Above figure shows NPR is firstly increase which is good but in the year 2007 it is decreased it mean companies margin of profit is decreasing.

a) Operating Profit Ratio = Operating Profit × 100 Net Sales

For 2005

Operating Profit Ratio = 7956343 × 100 56720306 = 14.02 %

For 2006

Operating Profit Ratio = 7463868 × 100 63479833 = 11.75%

For 2007

Operating Profit Ratio = 6335666 × 100 67351778 = 9.41 %

NOTE : above figure also shows that companies margin of profit is decreasing.

e) Return on Total Assets = NPBIT × 100 Total Assets

For 2005

Return on Total Assets = 8756636 × 100 49090197 = 17.84%

For 2006

Return on Total Assets = 9920557 × 100 62227264 = 15.94 %

For 2007

Return on Total Assets = 9200431 × 100 69536516 = 13.23 %

NOTE : Above figure shows company is not utilizing their asset efficiently.

f) Return on Capital Employed = NPBIT × 100 Capital Employed

For 2005

Return on Capital Employed = 8756636 × 100 41652018 = 21.02%

For 2006

Return on Capital Employed = 9920557 × 100 51855821 = 19.13 %

For 2007


NOTE: Above figure graph is declining it shows that company return on total capital employed are not in a good position.

g) Return on Shareholder’s Capital = NPAIT × 100 Shareholder’s fund

For 2005

Return on Shareholder’s Capital = 7542165 × 100 39147690 = 19.26 %

For 2006

Return on Capital Employed = 8531848 × 100 48719696 = 17.51%

For 2007


NOTE: Above figure graph is declining it shows that company return on share capital are not in a good position.

g) Return on Equity = NPAIT × 100 Equity Shareholder’s fund

For 2005

Return on Equity = 7542165 × 100 39147690 = 19.26%

For 2006

Return on Equity = 8531848 × 100 48719696 = 17.51%

For 2007

Return on Equity = 7915795 × 100 45968682

= 17.22%

NOTE : Above figure graph is declining which mean that returns on equity shareholder fund are nor perfect.

h) Earning per share=NPAIT No. of shares

EPS = 49

For 2006

EPS = 56921

For 2007

EPS = 53

i) Dividend per share = Dividend declared No. of shares

For 2005

DPS = 48 For 2006

DPS = 56103 For 2007

DPS = 52

Samsung Electronics Co., Ltd.Non-Consolidated Statements of IncomeFor the years ended December 31, 2005 and 2004

(In millions of Korean won, in2005 2004 2005 2004thousands of U.S. dollars (Note 3))

Sales (Note 26) ￦57,457,670 ￦57,632,359 $ 56,720,306 $ 56,892,753

Cost of sales 40,158,150 37,279,686 39,642,794 36,801,269

Gross profit 17,299,520 20,352,673 17,077,512 20,091,484

Selling, general and administrativeexpenses 9,239,745 8,335,796 9,121,169 8,228,822

Operating profit 8,059,775 12,016,877 7,956,343 11,862,662

Non-operating income

Interest and dividend income 229,654 295,428 226,707 291,637

Commission income 366,519 205,287 361,815 202,653

Foreign exchange gains 399,624 402,774 394,496 397,605Gain on foreign currency translation(Note 28) 90,187 138,528 89,030 136,750Gain on valuation of investmentsusing the equity methodof accounting (Note 10) 1,131,014 576,923 1,116,500 569,519

Others 454,361 517,801 448,529 511,156

2,671,359 2,136,741 2,637,077 2,109,320

Non-operating expenses

Interest expense 42,214 65,970 41,672 65,123

Foreign exchange losses 348,804 364,867 344,328 360,185Loss on foreign currency translation(Note 28) 31,244 41,903 30,843 41,365Loss on valuation of investmentsusing the equity methodof accounting (Note 10) 972,173 - 959,697 -

Others 466,227 556,352 460,244 549,212

1,860,662 1,029,092 1,836,784 1,015,885

Ordinary profit 8,870,472 13,124,526 8,756,636 12,956,097


(In millions of Korean won, in thousands of U.S. dollars (Note 3))

2005 2004 2005 2004

Extraordinary income ￦ - ￦ - $ - $ -

Extraordinary loss - - - -

Net income before income taxes 8,870,472 13,124,526 8,756,636 12,956,097

Income tax expense (Note 24) 1,230,259 2,337,784 1,214,471 2,307,783

Net income ￦ 7,640,213 ￦ 10,786,742 $ 7,542,165 $ 10,648,314

Basic earnings per share (Note 25)

(in Korean won and U.S. dollars) ￦ 49,970 ￦ 67,899 $ 49 $ 67

Diluted earnings per share (Note 25)

(in Korean won and U.S. dollars) ￦ 49,128 ￦ 66,864 $ 48 $ 66

The accompanying notes are an integral part of these non-consolidated financial statements.

Samsung Electronics Co., Ltd.Non-Consolidated Balance Sheets

December 31, 2005 and 2004


2005 2004 2005 2004

Assets

Current assets

Cash and cash equivalents ￦ 1,053,552 ￦ 957,819 $ 1,040,032 $ 945,527

Short-term financial instruments

(Note 4) 3,897,931 4,186,706 3,847,908 4,132,977

Short-term available-for-sale

securities (Note 5) 1,917,122 2,289,365 1,892,519 2,259,985

Trade accounts and notes

receivable, net of allowance for

doubtful accounts (Note 6) 1,496,939 1,331,587 1,477,729 1,314,499

Other accounts and notes receivable,

net of allowance for doubtful

accounts (Note 6) 842,828 937,658 832,011 925,625

Inventories, net of valuation losses

(Note 7) 2,909,447 3,154,318 2,872,110 3,113,838

Short-term deferred income

tax assets (Note 24) 907,680 - 896,032 -

Prepaid expenses and other currentassets 1,197,812 1,101,038 1,182,440 1,086,908

Total current assets 14,223,311 13,958,491 14,040,781 13,779,359

Lease receivables under capital

lease (Note 8) 269,179 312,034 265,725 308,030

Property, plant and equipment,

including revalued portion,

net of accumulated depreciation

(Note 11) 24,650,194 19,727,807 24,333,854 19,474,637

Long-term available-for-sale

securities (Note 9) 977,409 463,197 964,866 457,253

Equity-method investments (Note 10) 8,891,880 8,353,211 8,777,769 8,246,013

Intangible assets, net of accumulated

amortization (Note 12) 465,801 399,376 459,823 394,251

Long-term deposits and other assets

(Note 13) 1,060,996 602,427 1,047,379 594,695

Total assets ￦50,538,770 ￦ 43,816,543 $ 49,890,197 $ 43,254,238




2005 2004 2005 2004

Liabilities and

Shareholders' Equity

Current liabilities

Trade accounts and notes payable ￦ 1,867,185 ￦ 1,823,316 $ 1,843,223 $ 1,799,917

Other accounts and notes payable 2,917,659 2,595,557 2,880,216 2,562,248

Accrued expenses (Note 16) 2,506,501 2,359,751 2,474,335 2,329,468

Income taxes payable 789,925 1,378,429 779,788 1,360,739

Other current liabilities 264,005 563,850 260,617 556,614

Total current liabilities 8,345,275 8,720,903 8,238,179 8,608,986

Foreign currency notes and

bonds (Note 14) 95,557 98,545 94,331 97,280

Long-term advances received 505,950 - 499,457 -

Long-term accrued expenses

(Note 16) 133,748 - 132,031 -

Deferred income tax liabilities

(Note 24) 865,761 19,983 854,650 19,727

Accrued severance benefits (Note 15) 498,488 397,084 492,091 391,988

Other long-term liabilities 437,381 139,619 431,768 137,828

Total liabilities ￦ 10,882,160 ￦ 9,376,134 $ 10,742,507 $ 9,255,809




2005 2004 2005 2004

Commitments and contingencies

(Note 17)

Shareholders' equity

Capital stock (Note 18)

Common stock ￦ 778,047 ￦ 778,047 $ 768,062 $ 768,062

Preferred stock 119,467 119,467 117,934 117,934

Capital surplus

Paid-in capital in excess of

par value 4,403,893 4,403,893 4,347,377 4,347,377

Other capital surplus 1,961,422 1,927,773 1,936,251 1,903,034

Retained earnings (Note 19) 37,365,892 30,575,041 36,886,369 30,182,666

(Net income of ￦7,640,213 million

in 2005 and￦10,786,742 million

in 2004)

Capital adjustments

Treasury stock (Note 21) (5,970,778) (4,159,639) (5,894,154) (4,106,258)

Others (Note 22) 998,667 795,827 985,851 785,614

Total shareholders' equity 39,656,610 34,440,409 39,147,690 33,998,429

Total liabilities &shareholder's equity ￦ 50,538,770 ￦ 43,816,543 $ 49,890,197 $ 43,254,238




(In millions of Korean won, in thousands of U.S. dollars (Note 3))2006 2005 2006 2005

Assets

Current assets

Cash and cash equivalents ￦ 977,989 ￦ 1,053,552 $ 1,052,733 $ 1,134,07Short-term financial instruments

3,335,141 3,897,931 3,590,033 4,195,83(Note 4)Short-term available-for-sale

2,058,781 1,917,122 2,216,126 2,063,64securities (Note 5)Trade accounts and notes receivable,net of allowance for doubtful

1,842,439 1,496,939 1,983,250 1,611,34accounts (Note 6)Other accounts and notes receivable,net of allowance for doubtful

864,669 842,828 930,752 907,24accounts (Note 6)Inventories, net of valuation losses

3,219,474 2,909,447 3,465,526 3,131,80(Note 7)Short-term deferred income tax

1,155,410 907,680 1,243,714 977,05assets (Note 24)Prepaid expenses and other current

1,190,906 1,197,812 1,281,923 1,289,35assets

Total current assets14,644,

80914,223,31

1 15,764,057 15,310,34

Lease receivables under finance lease223,488 269,179 240,569 289,75(Note 8)

Property, plant and equipment,including revaluations, net of

28,820,442 24,650,194 31,023,081 26,534,11accumulated depreciation (Note 11)Long-term available-for-sale securities

1,148,944 977,409 1,236,753 1,052,10(Note 9)

Equity-method investments (Note 10) 11,265,083 8,891,880 12,126,031 9,571,45Intangible assets, net of accumulated

522,378 465,801 562,301 501,40amortization (Note 12)Long-term deposits and other assets,

1,183,984 1,060,996 1,274,472 1,142,08net (Note 13)

Total assets ￦57,809,128 ￦50,538,770 $ 62,227,264 $ 54,401,25




Liabilities and Shareholders' Equity

Current liabilities

Trade accounts and notes payable ￦ 1,869,101 ￦ 1,867,185 $ 2,011,949 $ 2,009,887

Other accounts and notes payable 3,291,797 2,917,659 3,543,377 3,140,645

Accrued expenses (Note 16) 2,873,148 2,506,501 3,092,732 2,698,064

Income taxes payable 1,111,233 789,925 1,196,160 850,296Other current liabilities 489,736 264,005 527,165 284,181

Total current liabilities9,635,0

15 8,345,275 10,371,383 8,983,073

Foreign currency notes and bonds87,317 95,557 93,990 102,860(Note 14)

Long-term advances received 340,033 505,950 366,020 544,618

Long-term accrued expenses (Note 16) 274,527 133,748 295,508 143,970Deferred income tax liabilities

1,158,802 865,761 1,247,365 931,928(Note 24)Accrued severance benefits,net

620,469 498,488 667,889 536,586(Note 15)Other long-term liabilities 432,368 437,381 465,413 470,808

Total liabilities 12,548,531 10,882,160 13,507,568 11,713,843

Commitments and contingencies(Note 17)

Shareholders' equity

Capital stock (Note 18)

Common stock 778,047 778,047 837,510 837,510

Preferred stock 119,467 119,467 128,597 128,597

Capital surplusPaid-in capital in excess of par

4,403,893 4,403,893 4,740,466 4,740,466value

Other capital surplus 1,963,351 1,961,422 2,113,404 2,111,326Retained earnings (Note 19)(Net income of ￦7,926,087 millionin 2006 and ￦7,640,213 million in

44,460,189 37,365,892 47,858,115 40,221,6282005)

Capital adjustments

Treasury stock (Note 21) (7,520,023) (5,970,778) (8,094,750) (6,427,102)Others (Note 22) 1,055,673 998,667 1,136,354 1,074,991

Total shareholders' equity 45,260,597 39,656,610 48,719,696 42,687,416Total liabilities & shareholders'

￦ 57,809,128 ￦50,538,770 $ 62,227,264 $54,401,259equity




2006 2005 2006 2005

Sales (Note 26) ￦58,972,765 ￦57,457,670 $ 63,479,833 $ 61,848,945Cost of sales 42,359,753 40,158,150 45,597,151 43,227,287

Gross profit 16,613,012 17,299,520 17,882,682 18,621,658



Non-operating income

Interest and dividend income 257,417 229,654 277,090 247,206

Commission income 315,172 366,519 339,259 394,531

Gain on disposal of available-for-sale

securities 58,980 33,271 63,488 35,814

Gain on disposal of property, plant

and equipment 78,636 41,291 84,646 44,447

Foreign exchange gains 403,701 399,624 434,554 430,166

Gain on foreign currency translation

(Note 28) 124,998 90,187 134,551 97,080

Gain on valuation of equity-method

investments (Note 10) 1,798,505 1,131,014 1,935,958 1,217,453Others 372,013 379,799 400,445 408,824

3,409,422 2,671,359 3,669,991 2,875,521


Interest expenses 48,877 42,214 52,612 45,440

Loss on disposal of trade accounts

and notes receivable 253,740 185,536 273,132 199,716

Donations 175,249 173,563 188,643 186,828

Loss on disposal of available-for-sale

securities 3,691 21,533 3,973 23,179

Loss on disposal of property, plant

and equipment 37,876 13,517 40,771 14,550

Foreign exchange losses 391,831 348,804 421,777 375,462

Loss on foreign currency translation

(Note 28) 28,988 31,244 31,203 33,632

Loss on valuation of equity-method

investments (Note 10) 92,553 972,173 99,626 1,046,473Others 94,353 72,078 101,565 77,585

1,127,158 1,860,662 1,213,302 2,002,865Ordinary profit 9,216,197 8,870,472 9,920,557 9,548,409



2006 2005 2006 2005

Extraordinary income ￦ - ￦ - $ - $ -

Extraordinary loss - - - -

Net income before income tax 9,216,197 8,870,472 9,920,557 9,548,409


Net income ￦ 7,926,087 ￦ 7,640,213 $ 8,531,848 $ 8,224,126

Basic earnings per share (Note 25)(in Korean won and U.S. dollars) ￦ 52,880 ￦ 49,970 $ 56,921 $ 53,789

Diluted earnings per share

(Note 25) (in Korean won and U.S.dollars) ￦ 52,120 ￦ 49,128 $ 56,103 $ 52,883


Samsung Electronics Co., Ltd.Non-Consolidated Balance Sheets December 31, 2007 and 2006


Assets

Current assets

Cash and cash equivalents ￦ 2,026,791 ￦ 977,989 $ 2,160,758 $ 1,042,632Short-term financial instruments(Note 4) 4,862,869 3,335,141 5,184,295 3,555,587

Short-term available-for-salesecurities (Note 5) 922,833 2,058,781 983,830 2,194,862

Trade accounts and notesreceivable, net of allowance for

1,780,507 1,842,439 1,898,195 1,964,221doubtful accounts (Note 6)Other accounts and notes receivable,net of allowance for doubtful

813,723 864,669 867,509 921,822accounts (Note 6)Inventories, net of valuation losses

3,337,872 3,219,474 3,558,499 3,432,275(Note 7)Short-term deferred income taxassets (Note 24) 1,241,636 1,155,410 1,323,706 1,231,780

Short-term lease receivables underfinance lease 112,295 69,348 119,717 73,932

Advanced payments 859,713 551,479 916,538 587,931Prepaid expenses 407,082 400,824 433,989 427,318Other current assets 255,760 238,603 272,667 254,375

Total current assets 16,621,081 14,714,157 17,719,703 15,686,735

Property, plant and equipment,including revaluations, net of

29,777,382 28,820,442 31,745,610 30,725,418accumulated depreciation (Note 11)Long-term available-for-sale securities

1,936,176 1,148,944 2,064,154 1,224,887(Note 9)Equity-method investments (Note 10) 15,008,462 11,265,083 16,000,493 12,009,683Intangible assets, net of accumulated

568,316 522,378 605,881 556,906amortization (Note 12)Long-term lease receivables under

245,410 154,140 261,631 164,328finance leaseLong-term deposits and other assets,

net (Note 13) 1,068,425 1,183,984 1,139,044 1,262,244

Total assets ￦65,225,252 ￦57,809,128 $ 69,536,516 $ 61,630,201



Liabilities and Shareholders' EquityCurrent liabilities

Trade accounts and notes payable ￦ 1,935,663 ￦ 1,869,101 $ 2,063,607 $ 1,992,645Other accounts and notes payable 2,958,521 3,291,797 3,154,074 3,509,378Accrued expenses (Note 16) 4,071,144 2,873,148 4,340,239 3,063,058Income taxes payable 1,114,048 1,111,233 1,187,684 1,184,683Other current liabilities 722,970 489,736 770,757 522,107

Total current liabilities 10,802,346 9,635,015 11,516,361 10,271,871

Foreign currency notes and bonds,net of current portion (Note 14) 83,815 87,317 89,355 93,088

Long-term advances received 168,650 340,033 179,797 362,509Long-term accrued expenses (Note 16) 39,174 274,527 41,763 292,673Deferred income tax liabilities(Note 24) 1,508,449 1,221,815 1,608,155 1,302,575

Accrued severance benefits, net(Note 15) 623,147 620,469 664,336 661,481

Other long-term liabilities 439,047 432,368 468,067 460,946Total liabilities 13,664,628 12,611,544 14,567,834 13,445,143

Commitments and contingencies

(Note 17)



Shareholders' equityCapital stock (Note 18)

Common stock ￦ 778,047 ￦ 778,047 $ 829,474 $ 829,474Preferred stock 119,467 119,467 127,364 127,364

Capital surplusPaid-in capital in excess of par

value 4,403,893 4,403,893 4,694,982 4,694,982Other capital surplus 1,959,640 1,963,351 2,089,168 2,093,125

Capital adjustmentsTreasury stock (Note 21) (9,157,492) (7,520,023) (9,762,785) (8,017,082)Stock options 475,197 539,153 506,607 574,790

Accumulated other comprehensiveincome (Note 23) 2,019,195 556,924 2,152,660 593,735Retained earnings (Note 19) 50,962,677 44,356,772 54,331,212 47,288,670

Total shareholders' equity 51,560,624 45,197,584 54,968,682 48,185,058

Total liabilities & shareholders'

equity ￦65,225,252 ￦ 57,809,128 $ 69,536,516 $61,630,201




Sales (Note 27) ￦63,175,968 ￦58,972,765 $ 67,351,778 $ 62,870,752Cost of sales 46,846,546 42,359,753 49,943,013 45,159,652

Gross profit 16,329,422 16,613,012 17,408,765 17,711,100



Non-operating incomeInterest and dividend income 292,983 257,417 312,349 274,432Commission income 339,496 315,172 361,936 336,004Gain on disposal of available-for-salesecurities 38,511 58,980 41,057 62,878

Gain on disposal of property, plantand equipment 101,605 78,636 108,321 83,834

Foreign exchange gains 347,061 403,701 370,001 430,385Gain on foreign currency translation(Note 29) 48,573 124,998 51,784 133,260

Gain on valuation of equity-methodinvestments (Note 10) 2,627,165 1,798,505 2,800,816 1,917,383

Others 366,690 372,013 390,926 396,6024,162,084 3,409,422 4,437,190 3,634,778


Interest expenses 47,829 48,877 50,990 52,108Loss on disposal of trade accountsand notes receivable 284,204 253,740 302,989 270,512

Donations 182,565 175,249 194,632 186,833Loss on disposal of available-for-salesecurities 1,754 3,691 1,870 3,935

Loss on disposal of equity methodinvestments 26,653 - 28,415 -

Loss on disposal of property, plantand equipment 55,685 37,876 59,366 40,380

Foreign exchange losses 457,020 391,831 487,228 417,730Loss on foreign currency translation(Note 29) 46,048 28,988 49,092 30,904

Loss on valuation of equity-methodinvestments (Note 10) 262,284 92,553 279,620 98,671

Others 110,893 94,353 118,223 100,5881,474,935 1,127,158 1,572,425 1,201,661



Net income before income tax ￦ 8,630,004 ￦ 9,216,197 $ 9,200,431 $ 9,825,370


Net income ￦ 7,425,016 ￦ 7,916,491 $ 7,915,795 $ 8,439,756

Basic earnings per share (Note 25)(in Korean won and U.S. dollars) ￦ 49,532 ￦ 52,816 $ 53 $ 56

Diluted earnings per share(Note 25) (in Korean won and U.S.dollars) ￦ 48,954 ￦ 52,057 $ 52 $ 55


RATIO ANALYSIS PROJECT

ON SAMSUNG

(FOR THE YEAR 2005/2006/2007)

SUBMITTED BY:-

DEEPAK KHANDODIYA

MOHIT ARYA

PRANJAL AERON

PRASOON VARSHNEY

TASAVUR

VARUN VARSHNEY

Economy & Finance

Ratios Analysis