January 27, 2000 in Social Responsibility News

Report of alteration of Samsung Electronics\ asset revaluation (January 27, 2000) (10:17)

1. Asset revaluation date : April 1, 1999

2. Object of alteration report : Asset revaluation balance and tax notified on

September 6, 1999

3. Content of alteration report :

A. Asset revaluation balance to be curtailed by \30.3 billion

(Before alteration: \2,086.5 billion → after alteration: \2,056.2 billion)

B. Asset revaluation tax to be reduced by \900 million

(before alteration: \54.3 billion → after alteration: \53.4 billion)

4. Reason of alteration report: The revaluated assets that were disposed within

1 year after revaluation date to be excluded

5. Other: The decision on the claims to correct to be made by Suwon Tax Office

(Announcement date: September 7, 1999)


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