Samsung El.gdr Regulatory News (SMSN)

12 Jan 2007 07:00

Samsung Electronics Co. Ld12 January 2007 January 12, 2007 Earnings Release Q4 2006 Samsung Electronics Disclaimer This report includes forward-looking statements which can generally beidentified by phrases such as Samsung Electronics (SEC) or its management"believes," "expects," "anticipates," "foresees," "forecasts," "estimates"or other words or phrases of similar import. Similarly, such statements that describe the company's business strategy,outlook, objectives, plans, intentions or goals also are forward-lookingstatements. All such statements are subject to certain risks and uncertainties thatcould cause actual results to differ materially from those in this material. Auditing for the Q4 2006 financial results has not been finalized. Figures in this earnings release are subject to changeduring the independent auditing process. Sales and Profits (Unit : Trillion, KRW) Q4 '06 Q-on-Q 3Q '06 FY '06 Y-on-Y FY '05 Sales 15.69 3% 15.22 58.97 3% 57.46Gross Profit 4.90 16% 4.22 16.61 -4% 17.30 (Margin) (31%) (28%) (28%) (30%)SG&A 2.85 20% 2.37 9.68 5% 9.24Operating Profit 2.05 11% 1.85 6.93 -14% 8.06 (Margin) (13%) (12%) (12%) (14%)Non-operating Income 0.65 -3% 0.68 2.28 182% 0.81 Equity Income from 0.03 -2% 0.03 0.13 - -0.61Samsung CardIncome Tax 0.36 6% 0.34 1.29 5% 1.23Net profit 2.35 7% 2.19 7.93 4% 7.64 (Margin) (15%) (14%) (13%) (13%) Divisional Performance - Sales (Unit : Trillion, KRW) Q4 '06 Q-on-Q 3Q '06 FY '06 Y-on-Y FY '05 Semiconductor 5.42 10% 4.91 19.08 4% 18.33Memory 4.19 15% 3.64 14.39 2% 14.08System LSI 0.61 3% 0.59 2.21 10% 2.01LCD 3.18 6% 3.00 11.70 21% 9.71Telecommunication 4.65 -1% 4.71 18.24 -3% 18.82Handsets 4.31 -3% 4.45 17.19 -3% 17.77Digital Media 1.45 -12% 1.64 6.30 -3% 6.48Digital Appliances 0.79 -5% 0.83 3.09 -9% 3.38Total 15.69 3% 15.22 58.97 3% 57.46 Divisional Performance - Operating Profit (Unit : Trillion, KRW) Q4 '06 Q-on-Q 3Q '06 FY '06 Y-on-Y FY '05 Semiconductor 1.66 31% 1.27 5.03 -8% 5.46 (Margin) (31%) (26%) (26%) (30%)LCD 0.31 90% 0.16 0.65 -12% 0.73(Margin) (10%) (5%) (6%) (8%)Telecommunication 0.35 -34% 0.52 1.74 -24% 2.30 (Margin) (8%) (11%) (10%) (12%)Digital Media -0.15 -55% -0.10 -0.37 -17% -0.31 (Margin) (-11%) (-6%) (-6%) (-5%)Appliances -0.14 -816% -0.01 -0.17 -87% -0.09 (Margin) (-17%) (-2%) (-6%) (-3%)Total 2.05 11% 1.85 6.93 -14% 8.06 (Margin) (13%) (12%) (12%) (14%) Financial Position (Unit: Trillion KRW) Q4 '06 Q3 '06 FY '05 Assets 57.8 54.5 50.5 Cash* 6.4 5.2 6.9 A/R & Inventories 5.1 5.2 4.4 PP & E 28.8 28.0 24.7 Other Assets 17.5 16.1 14.5Liabilities 12.5 11.7 10.8 Debt 0.1 0.1 0.1 Other Liabilities 12.4 11.6 10.7Shareholders Equity 45.3 42.8 39.7Debt / Equity 0.2% 0.2% 0.2%Net Debt / Equity -13.9% -11.9% -17.1%Return on Equity 18.7% 21% 20.6%Return on Asset 14.6% 16.5% 16.2% * Cash = Cash + Cash equivalents + S-T financial instruments + Marketable securities Cash Flow (Unit: Trillion KRW) Q4 '06 FY '06 FY '05 Cash* (Beginning of period) 5.18 6.87 7.43Cash flow from Operation 4.48 13.11 12.66Net Profit 2.35 7.93 7.64Depreciation 1.60 5.68 5.06Income(Loss) from Equity method -0.54 -1.71 -0.16Increase(decrease) in Working 1.07 1.21 0.12 Capital, etcCash flow from Investment -3.34 -11.16 -10.61CAPEX -2.73 -10.25 -10.10Cash flow from Financing 0.05 -2.45 -2.62Dividend - -0.83 -0.85Increase of Short-term borrowings - - -Repurchase of Shares - -1.81 -2.15Proceeds from sales of shares 0.05 0.19 0.38 Under stock option planNet decrease in cash 1.19 -0.50 -0.56Cash (End of period) 6.37 6.37 6.87 * Cash = cash + cash equivalent + short-term financial instruments + marketable securities Capital Expenditure (Unit: Billion KRW) FY '07 FY '06 (%) Sales 63.60 58.97 8%Capex 8.10 10.01 -19%Semiconductor 5.44 6.64 -18%Memory 4.82 5.82 -17%System LSI 0.54 0.75 -27%LCD 1.41 2.53 -44%Telecommunication 0.56 0.22 150%Digital Media & Others 0.69 0.62 13%R&D 6.14 5.58 10% For a detailed presentation of our 4Q 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