三星 Samsung 第二季度财务报告

Total assets
Debts
Total liabilities Total shareholders’ equity
2Q ’11
59.44 19.07 19.90 14.06 78.53 12.35 57.38
137.97
10.97
43.36 94.61
1Q ’11
60.96 22.34 17.74 14.18 75.58 12.18 55.18
These uncertainties may cause our actual results to be materially different from those expressed in this document.
Income Statement
(Unit: Trillion Won)
This document is provided for the convenience of investors only, before our external audit on Q2 2011 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, statements related 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.
Desktop Netbook
NotePC GB/Sys
60
40
(GB/Sys)
5.0 4.0 3.0 2.0
Memory
• DRAM : Weak consumer PC demand but solid demand
continued for mobile & server applications amid a low season
Cash & Net Cash Position
20.43 10.06
21.79 10.78
22.48 11.70
22.34 10.79
19.07
8.10
’10 2Q
’10 3Q
’10 4Q
’11 1Q
’11 2Q
3
Statement of Financial Position
(Unit: Trillion Won) Current assets Cash* Trade accounts & notes receivable Inventories Non-current assets Investments PP&E
Key Profitability Indicators
ROE
Profitability (Net income/Sales) Asset turnover (Sales/Asset) Leverage (Asset/Equity)
EBITDA Margin
2Q ’11 15%
0.09 1.16 1.48
136ቤተ መጻሕፍቲ ባይዱ53
11.55
45.03 91.50
* Cash = Cash + Cash equivalents + Short-term financial instruments + Short-term available-for-sale securities
Key Financial Indicators
Profit Before Income Tax
Income tax
Net profit
2Q ’11 39.44
26.83
12.61
2.46 6.37
△0.02
3.75
0.41 0.002
4.16
0.66
3.51
(% of sales)
100% 68.0% 32.0%
6.2% 16.2%
△0.1% 9.5% 1.0%
Sales
Cost of Sales
Gross Profit
R&D expenses SG&A expenses Other operating profits / losses
Operating Profit
Equity method gains / losses Finance incomes / expenses
For us, particular uncertainties which could adversely or positively affect our future 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 including Semiconductor, DP (Display Panel), Telecommunication, DM & A (Digital Media & Appliances) · Numerous other matters at the national and international levels which could affect our future results
17%
2Q ’10 22%
0.11 1.27 1.54
20%
1Q ’11 12%
0.08 1.09 1.50
16%
2Q ’10
1Q ’11
2Q ’11
1
Segment Information
Sales by Segment
(Unit: Trillion Won)
Semiconductor
- Memory
4%↓
12%↓
9%↓
15%↓
43%↑
45%↑
5%↓
11%↓ -
4%↑
2Q ’10 9.53
6.71
7.76
6.80
8.52
8.05
14.80
8.85 △2.72
37.89
1Q ’11
9.18
5.87
6.51
5.27
10.64
10.14
13.52
7.68 △2.86
36.99
Operating Profit by Segment
△0.23 1.43 0.10
0.01
2.95
※ Since SetTop Box business belonging has been changed (from Telecom to
DM & A), related 2010 earnings have been re-stated
2
Cash Flow Statement
6.1% 16.8%
0.8%
13.2% 1.5%
△0.7% 14.0%
2.7% 11.3%
1Q ’11 36.99
26.05
10.93
2.34 5.79
0.15
2.95
0.38 0.06
3.39
0.60
2.78
(% of sales)
100% 70.4% 29.6%
6.3% 15.7%
0.4%
8.0% 1.0% 0.2% 9.2% 1.6% 7.5%
- PC shipment : low-single-digit↑(QoQ, YoY), ㆍGB/Sys : high-single-digit ↑ (QoQ) , mid-10% ↑(YoY) ☞ Samsung : Strengthened cost competitiveness via 3Xnm migration,
(Unit: Trillion Won)
Cash (Beginning of period)*
Cash flow from Operation Net profit Depreciation Others
Cash flow from Investment Increase in tangible assets
(Unit: Trillion Won)
Semiconductor DP Telecom DM & A Others* Total
2Q ’11 1.79
△0.21 1.67 0.51