We announced our '12.1Q earnings results on April 27, 2012
- '12.1Q sales: KRW45.27 trillion
- '12.1Q operating profit: KRW5.85 trillion
* Please refer to our "2012 1Q Earnings Release Material" disclosed on April 27 for more details.
The year-end dividend for 2011 was authorized by the Board of Directors on Jan 27, 2012 as follows and was approved at the 43rd annual general meeting of shareholders on Mar 16, 2012.
- Common shares: KRW5,000 per share
- Preferred shares: KRW5,050 per share
* The dividend will be paid on Apr 16, 2012.
Samsung Electronics held the 43rd annual general meeting of shareholders and all agendas were approved.
- Date: March 16, 2012 (Friday) 09:00 a.m.
- Place: Multifunctional Hall, 5F Samsung Electronics Bldg., 1320-10, Seocho-2-dong, Seocho- ku, Seoul
- Report: (1) Audit report, (2) Business report
- Agenda
* Item No. 1: Approval of Balance Sheet, Income Statement, and Statement of Appropriation of Retained Earnings (Draft) for the 43rd Fiscal Year (January 1, 2011~December 31, 2011)
* Item No. 2: Approval of Directors
-Agenda 2-1: Appointment of Independent Directors (3 persons)
-Agenda 2-2: Appointment of Executive Directors (3 persons)
-Agenda 2-3: Appointment of Members of Audit Committee (2 persons)
* Item No. 3: Approval of the limit on the remuneration for the Directors
* Item No. 4: LCD Business Spin-Off
On February 20, 2012, the Board of Directors of Samsung Electronics decided to spin off the LCD business as a new corporation.
- Effective Date of the corporate spin-off: April 1, 2012
- Name of the new coporation: Samsung Display Co., Ltd. (tentative)
- Financial information ( As of September 30, 2011 )
- Total assets : 16,873,195 (Million won)
- Total equity : 13,574,163 (Million won)
- Total liabilities : 3,299,032 (Million won)
- Equities attributable to owners of the parent : 750,000 (Million won)
* For more details, please follow the link below:
"LCD Business Spin-off"
Samsung Electronics is planning to invest a total of about KRW25 trillion in 2012:
- Semiconductor: KRW15 trillion
DP: KRW6.6 trillion
* For reference, Capex totaled KRW23 trillion in 2011:
Semiconductor: KRW13 trillion
DP: KRW6.4 trillion
* The capex plan is subject to change based on market conditions.
