Samsung El.gdr Regulatory News (SMSN)

16 Oct 2006 07:00

Samsung Electronics Co. Ld16 October 2006 Earnings Release 3Q 2006 Samsung Electronics Disclaimer This document is provided for the convenience of investors only, before ourexternal audit on Q3 2006 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 statements often address our expected future business and financial performance,and often contain words such as "expects," "anticipates," "intends," "plans,""believes," "seeks," or "will." Forward-looking statements by their nature address 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 fluctuations in exchange rates,interest rates and commodity prices; strategic actions including dispositions and acquisitions; unanticipated dramatic developments in our major businesses includingsemiconductor, LCD, telecommunication, digital media and digital appliances; and numerous other matters at the national and international levelswhich 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 06 Q-on-Q 2Q 06 Y-on-Y 3Q 05Sales 15.22 8% 14.11 5% 14.54Gross Profit 4.22 14% 3.71 -4% 4.40 (Margin) (28%) (26%) (30%)SG&A 2.37 3% 2.29 5% 2.27Operating Profit 1.85 30% 1.42 -13% 2.13 (Margin) (12%) (10%) ( 15%)Non-operating Income 0.68 - 0.34 - 0.03 Equity Income from 0.03 - 0.02 - 0.03Samsung CardIncome Tax 0.34 35% 0.25 24% 0.27Net profit 2.19 45% 1.51 16% 1.88 (Margin) (14%) (11%) (13%) Divisional Performance - Sales (Unit : Trillion, KRW) 3Q 06 Q-on-Q 2Q 06 Y-on-Y 3Q 05Semiconductor 4.91 11% 4.42 7% 4.59Memory 3.64 10% 3.32 5% 3.47System LSI 0.59 15% 0.52 7% 0.55LCD 3.00 5% 2.85 12% 2.68Telecommunication 4.71 10% 4.28 3% 4.58Handsets 4.45 10% 4.04 2% 4.37Digital Media 1.64 -1.5% 1.66 -0.3% 1.64Digital Appliances 0.83 8% 0.77 -2.1% 0.85Total 15.22 8% 14.11 5% 14.54 Divisional Performance - Operating Profit (Unit : Trillion, KRW) 3Q 06 Q-on-Q 2Q 06 Y-on-Y 3Q 05Semiconductor 1.27 30% 0.98 -6% 1.35 (Margin) (26%) (22%) (29%)LCD 0.16 115% 0.07 46% 0.30(Margin) (5%) (3%) (11%)Telecommunication 0.52 29% 0.41 -5% 0.55 (Margin) (11%) (10%) (12%)Digital Media -0.10 - -0.06 - -0.02 (Margin) (-6%) (-4%) (-2%)Appliances -0.01 - -0.00 - -0.04 (Margin) (-2%) (0%) (-5%)Total 1.85 30% 1.42 -13% 2.13 (Margin) (12%) (10%) (15%) Financial Position (Unit: Trillion KRW) FY 05 2Q 06 3Q 06Assets 50.5 51.3 54.5 Cash* 6.9 4.5 5.2 A/R & Inventories 4.4 4.9 5.2 PP & E 24.7 26.6 28.0 Other Assets 14.5 15.3 16.1Liabilities 10.8 10.7 11.7 Debt 0.1 0.1 0.1 Other Liabilities 10.7 10.6 11.6Shareholders Equity 39.7 40.6 42.8Debt / Equity 0.3% 0.2% 0.2%Net Debt / Equity -17.1% -10.8% -11.9%Return on Equity 20.6% 14.8% 21%Return on Asset 16.2% 11.8% 16.5% * Cash = cash + cash equivalent + short-term financial instruments + marketablesecurities Cash Flow (Unit: Trillion KRW) 3Q 06 2Q 06Cash* (Beginning of period) 4.49 6.41Cash flow from Operation 3.74 2.50Net Profit 2.19 1.51Depreciation 1.44 1.36Income(Loss) from Equity method -0.52 -0.23Increase(decrease) in Working 0.63 -0.14 Capital, etcCash flow from Investment -2.97 -2.67CAPEX -2.81 -2.44Cash flow from Finance -0.07 -1.75Dividend -0.07 -Decrease of Short-term borrowings - -Repurchase of Shares -0.04 -1.76 Proceeds from sales of shares 0.05 0.01 Under stock option planNet decrease in cash 0.70 -1.93Cash (End of period) 5.19 4.49 * Cash = cash + cash equivalent + short-term financial instruments + marketablesecurities Capital Expenditure (Unit: Trillion KRW) 06 Plan 3Q(Accumulated) (%) 05 ActualSemiconductor 6.66 5.19 78% 6.33Memory 5.60 4.46 80% 5.29System LSI 0.96 0.68 70% 0.99LCD 2.59 1.88 73% 2.87Telecommunication 0.26 0.16 64% 0.27Digital Media & Others 0.73 0.37 48% 0.57Total 10.24 7.60 74% 10.04 For a detailed presentation of our 3Q 2006 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