1. Affiliate to be added:
1) Name: SEHF (overseas subsidiary)
2) CEO: Jeon, Byeong Bok
3) Financials (as of end of 2004)
- Total Assets: KRW 19,924,510,120
- Total shareholders’ equity: KRW 16,104,432,054
- Total liabilities: KRW 3,820,078,066
- Paid-in-capital: KRW 16,718,896,880
4) Major business area: Manufacture and sale of optic communication products, electronics, and optic parts.
5) Ownership of the largest shareholder and other related parties after the addition: 100%
2. Samsung Group Status
1) Reason for the addition: Covered by the consolidated financial statements of Samsung Electronics.
2) Number of the affiliates after the addition: 128
- Number of the affiliates is based on 63 domestic affiliates specified
under the Fair Trade Commission’s rules governing anti-trust and fair
trade, and 65 overseas subsidiaries covered by the consolidated
financial statements of Samsung Electronics.
February 02, 2005 in Social Responsibility News
