|
|
| Statements
of Appropriation of Retainde Earnings |
|
| |
| For the years ended December 31, 2007
and 2006 |
| |
| Subject |
Korean Won(millions) |
| 2007 |
2006 |
2005 |
2004 |
2003 |
RETAINED EARNINGS BEFORE
APROPRIATIONS: |
|
|
|
|
|
Unappropriated
retained earnings carried
forward from prior year |
￦ - |
￦ - |
￦ - |
￦ - |
￦ - |
| Net income
|
187,429 |
168,642 |
216,808 |
205,663 |
346,902 |
|
187,429 |
168,642 |
216,808 |
205,663 |
346,902 |
APPROPRIATIONS
OF RETAINED
EARNINGS: |
|
|
|
|
|
| Legal reserve |
7,703 |
5,381 |
6,761 |
5,553 |
11,778 |
| Reserve for
business expansion |
102,700 |
19,600 |
132,143 |
120,489 |
207,991 |
Reserve for
investment on
social overhead capital |
|
88,353 |
10,300 |
21,100 |
6,362 |
Reserve for
research and human resource
development |
|
1,500 |
- |
3,000 |
3,000 |
Cash dividends
(44.2% per share in
2005, and 35.18 % per share in 2006)
(Note 17)
|
77,026 |
53,808 |
67,604 |
55,521 |
117,771 |
| |
187,429 |
168,642 |
|
|
|
UNAPPROPRIATED
RETAINED EARNINGS
TO BE CARRIED FORWARD TO
SUBSEQUENT YEAR |
￦ - |
￦ - |
￦ - |
￦ - |
￦ - |
|
|
Our audited financial statements
as of and for the year ended December 31, 2005
have been approved by our board of directors but
are subject to approval at our shareholder's meeting
currently scheduled to be held on March 20, 2006. |
|
|
