Balance Sheet

Samsung
All numbers are in US$ and in thousands Vertical Analysis
2,016 2,015 2016 2015

Non Current Assets

104,105,074 101,191,016 62.6% 65.5%

Current Assets
Cash 27,686,236 19,517,225 16.6% 12.6%
Stocks 64,888,743 54,419,563 39.0% 35.2%
Debtors 23,969,296 28,580,137 14.4% 18.5%
Prepayments 4,260,972 4,204,597 2.6% 2.7%
Other C A 1,134,346 892,765 0.7% 0.6%
121,939,593 107,614,287 73.3% 69.7%

Total Assets 226,044,667 208,805,303 135.9% 135.3%

Current Liabilities
Creditors 16,119,526 13,833,359 9.7% 9.0%
Short Term Loan 12,053,108 9,809,138 7.2% 6.4%
Accruals 18,382,756 19,653,154 11.0% 12.7%
Other CL 610,056 247,565 0.4% 0.2%
47,165,446 43,543,216 28.3% 28.2%

Long Term Liabilities

Shareholders loan 50,474 1,060,883 0.0% 0.7%
Other LT Liabilities 12,457,518 9,817,230 7.5% 6.4%
12,507,992 10,878,113 7.5% 7.0%

Total Liabilities 59,673,438 54,421,329 35.9% 35.3%

Net Assets 166,371,229 154,383,974 100.0% 100.0%

Equity
Sharecapital - 81,454 - 5,255,928 0.0% -3.4%
Retained Profits 166,452,683 159,639,902 100.0% 103.4%

Total Equity 166,371,229 154,383,974 100.0% 100.0%

Liquitity

Current Ratio 2.59 2.47

Acid test Ratio 1.21 1.22

Gear 7.0% 6.6%

Horizontal Analysis
2016-2015

2.9%

41.9%
19.2%
-16.1%
1.3%
27.1%
13.3%

8.3%

16.5%
22.9%
-6.5%
146.4%
8.3%

-95.2%
26.9%
15.0%

9.7%

7.8%

-98.5%
4.3%

7.8%