Samsung El.gdr Regulatory News (SMSN)

12 Oct 2007 07:53

Samsung Electronics Co. Ld12 October 2007 October 12, 2007 Earnings Release 3Q 2007 Samsung Electronics Disclaimer This document is provided for the convenience of investors only, before ourexternal audit on Q3 2007 financial results of our headquarters is completed. The audit outcomes may cause some parts of this document to change. This document contains "forward-looking statements" - that is, statementsrelated to future, not past, events. In this context, forward-looking statementsoften address our expected future business and financial performance, and oftencontain words such as "expects," "anticipates," "intends,!+/- "plans,""believes," "seeks," or "will." Forward-looking statements by their natureaddress matters that are, to different degrees, uncertain. For us, particular uncertainties which could adversely or positively affect ourfuture results include: the behavior of financial markets including fluctuationsin exchange rates, interest rates and commodity prices; strategic actionsincluding dispositions and acquisitions; unanticipated dramatic developments inour major businesses including semiconductor, LCD, telecommunication, digitalmedia and digital appliances; and numerous other matters at the national andinternational levels which could affect our future results These uncertainties may cause our actual results to be materially different fromthose expressed in this document. Sales and Profits (Unit : Trillion, KRW) 3Q 07 Q-on-Q 2Q 07 3Q 06 Y-on-Y Sales 16.68 14% 14.63 15.22 10% Gross Profit 4.68 40% 3.34 4.22 11%(Margin) (28%) (23%) (28%)SG&A 2.62 8% 2.43 2.37 10% Operating Profit 2.07 127% 0.91 1.85 12%(Margin) (12%) (6%) (12%)Non-operating Income 0.56 -21% 0.71 0.68 -17% Pretax Income 2.63 62% 1.62 2.53 4%(Margin) (16%) (11%) (17%)Income Tax 0.44 123% 0.20 0.36 23% Net profit 2.19 54% 1.42 2.17 1%(Margin) (13%) (10%) (14%) Divisional Performance - Sales (Unit : Trillion, KRW) 3Q 07 Q-on-Q 2Q 07 3Q 06 Y-on-Y Semiconductor 5.01 18% 4.26 4.91 2% Memory 3.58 16% 3.08 3.64 -2% System LSI 0.74 14% 0.65 0.59 25% LCD 4.02 20% 3.34 3.00 34%Telecommunication 5.08 13% 4.50 4.71 8% Handsets 4.80 13% 4.23 4.45 8% Digital Media 1.48 2% 1.45 1.64 -9% Digital Appliances 0.93 -2% 0.95 0.83 12%Total 16.68 14% 14.63 15.22 10% Divisional Performance - Operating Profit (Unit : Trillion, KRW) 3Q 07 Q-on-Q 2Q 07 3Q 06 Y-on-Y Semiconductor 0.92 181% 0.33 1.27 -28%(Margin) (18%) (8%) (26%) LCD 0.67 131% 0.29 0.16 317%(Margin) (17%) (9%) (5%) Telecommunication 0.59 67% 0.35 0.52 13%(Margin) (12%) (8%) (11%) Digital Media -0.12 -0.06 -0.10(Margin) (-8%) (-4%) (-6%) Appliances -0.006 - -0.01(Margin) (-0.6%) (0.1%) (-2%) Total 2.07 127% 0.91 1.85 12%(Margin) (12%) (6%) (12%) Consolidated basis operating profit (Units : Trillion KRW) (Unit : Trillion, KRW) 3Q 07 2Q 07 3Q 06 Semiconductor 0.86 0.34 1.38 LCD 0.72 0.31 0.20 Telecommunication 0.88 0.47 0.53 Digital Media 0.24 0.23 0.18 Appliances 0.04 0.07 -0.02 The consolidated OP is provided to enhance the understanding of the investors. Financial Position (Unit: Trillion KRW) 3Q 07 2Q 07 FY 06Assets 61.9 59.3 57.8 Cash* 5.5 4.1 6.4 A/R & Inventories 5.7 5.2 5.1 PP & E 29.7 29.8 28.8 Other Assets 21.0 20.2 17.5 Liabilities 12.6 12.5 12.6 Debt 0.1 0.1 0.1 Other Liabilities 12.5 12.4 12.5 Shareholders Equity 49.3 46.8 45.2 Debt / Equity 0.2% 0.2% 0.2%Net Debt / Equity -10.9% -8.6% -13.9%Return on Equity 18.2% 12.5% 18.7%Return on Asset 14.5% 9.8% 14.6% * Cash = cash + cash equivalent + short-term financial instruments + marketablesecurities Cash Flow (Unit: Trillion KRW) 3Q 07 2Q 07 Cash* (Beginning of period) 4.11 2.91 Cash flow from Operation 3.13 3.14Net Profit 2.19 1.42Depreciation 1.81 1.73Income(Loss) from Equity method -0.53 -0.56Increase(decrease) in Working -0.34 0.55Capital, etc Cash flow from Investment -1.72 -1.98CAPEX -1.70 -2.03 Cash flow from Finance -0.04 0.03Dividend -0.07 -Decrease of Short-term borrowings - -Repurchase of Shares - - Proceeds from sales of shares 0.03 0.03 Under stock option plan Net increase in cash 1.36 1.20 Cash (End of period) 5.47 4.11 * Cash = cash + cash equivalent + short-term financial instruments + marketablesecurities Capital Expenditures (Unit: Trillion KRW) 07 Plan 07 Revised 3Q (%) 06 Actual Accumulated Semiconductor 5.44 6.84 4.99 73% 6.64Memory 4.82 6.19* 4.48 72% 5.82System LSI 0.54 0.57 0.46 81% 0.75 LCD 1.41 1.37 0.82 60% 2.53 Telecommunication 0.56 0.23 0.15 65% 0.22 Digital Media & Others 0.69 0.73 0.39 53% 0.62 Total 8.10 9.17 6.36 69% 10.01 * Capital Expenditures in Memory including overseas investments: KRW 7.2trillion For a detailed presentation of our 3Q 2007 results including business outlook, Please refer to the following link : http://www.samsung.com/ir This information is provided by RNS The company news service from the London Stock Exchange