2011 Business Report I. Corporate Overview □ Affiliates As of end-2011, Samsung Group had a total of 78 domestic affiliates. Compared to end-2010, 17 new affiliates (EXE Technologies Korea, EXE C&T, S1 CRM, S-EnPol, Samsung Medison, Medison Xray, Medison Healthcare, Sono Solution, CSL, Prosonic, Samsung Biologics, SMP, STM, Miracom Inc., Samsung Life Service, SSLM, and SU Materials) were added, and seven (Samsung Gwangju Electronics, Samsung Ace Digitech, Medison Xray, Sono Solution, CSL, EXE Technologies Korea, and iMarket Korea) were excluded. Among Samsung Group’s 78 affiliates, 17 including Samsung Electronics are listed, and 61 are unlisted. (As of December 31, 2011) No. of affiliates Name of affiliates 17 Samsung C&T, Cheil Industries, Samsung Electronics, Samsung SDI, Samsung Techwin, Samsung Life Insurance, SEMCO, Samsung Heavy Industries, Samsung Card, Hotel Shilla, Samsung Fire & Marine Insurance, Samsung Securities, S1, Samsung Fine Chemicals, Samsung Engineering, Cheil Worldwide, Credu, Unlisted 61 Samsung Everland, Samsung Petrochemical, Samsung SDS, Samsung General Chemicals, Samsung Total Petrochemicals, Samsung Lions, SERI, STECO, Samsung Thales, SEMES, Living Plaza, Samsung Corning Precision Materials, SECRON, Seoul Commtech, Samsung Electronics Service, Samsung Electronics Logitech, Hantok Chemicals, Global Tech, CVnet Corporation, Care Camp, Allat Corp., e Samsung International, SECUI.com, Wealthia.com, Open Tide Korea, Samsung Futures, 365Homecare, Samsung Venture Investment Corporation, Samsung Asset Management, Saengbo, Samsung Claim Adjustment Service, Anycar Service, World Cyber Games, S-LCD Corporation, SD Flex, SEHF Korea, Gemi Plus Distribution, Samsung LED, SB LiMotive, Samsung Mobile Display, Samsung Bluewings, HTSS, Bonavie, RAY, Songdo Land Mark City, S-Core, GES, S1 CRM, EXE C&T, Open Hands, S-EnPol, Samsung Medison, Medison Healthcare, Prosonic, SMP, STM, Samsung Biologics, Miracom Inc., Samsung Life Service, SSLM, SU Materials Total 78 Listed ☞ Refer to 『□ Affiliates』 in 『III. Corporate Governance and Affiliates』 for more details about domestic and overseas affiliates. □ Subsidiaries Subject to Consolidated Financial Statements As of end-2011, Samsung Electronics’ consolidated subsidiaries totaled 156 with 32 subsidiaries (Samsung Medison and its 16 subsidiaries, Prosonic, and SVIC #20, SVIC #21, SVIC #22, Grandis, Nexus, etc.) being newly included and four (Samsung Gwangju Electronics, SESZ, Medison Xray, CSL) excluded compared to end-2010. Following is the list of consolidated subsidiaries. (Million won) Subsidiaries Established in Major business End2010 asset Stake Classified as major subsidiary 6,814,904 Over 50% O 964,793 Over 50% O Samsung Electronics America 1978.07 Sale of electronic goods Samsung Receivables Corporation 1998.03 Bond management Samsung Semiconductor Inc. 1983.07 Sale of electronic goods 5,141,864 Over 50% O Samsung Electronics Canada Samsung Information Systems America Samsung International Inc. 1980.07 Sale of electronic goods 289,651 Over 50% O 1988.1 R&D 64,061 Over 50% O 1983.1 CTV production 70,369 Over 50% O Samsung Mexicana S.A. de C.V 1988.03 Production of electronic goods 1,162,305 Over 50% O Samsung Telecommunications America 1992.01 Sale of telecom products 1,612,442 Over 50% O Samsung Austin Semiconductor 1996.02 Production of semiconductors 4,654,471 Over 50% O Samsung Electronics Mexico 1995.07 Production and sale of electronic goods 998,084 Over 50% O SEMES America 1998.1 Semiconductor equipment 463 Over 50% X Samsung Electronics Latinoamerica Miami 1995.05 Sale of electronic goods 89,982 Over 50% O Samsung Electronics Latinoamerica (Zona Libre) 1989.04 Sale of electronic goods 167,622 Over 50% O Samsung Electronics Venezuela 2010.05 Marketing and services 8,103 Over 50% X Samsung Electronica Columbia 1997.03 Sale of electronic goods 180,532 Over 50% O Samsung Electronica da Amazonia 1994.1 Production and sale of electronic goods 2,209,641 Over 50% O Samsung Electronics Argentina 1996.06 Marketing and services 28,950 Over 50% X Samsung Electronics Chile 2002.12 Sale of electronic goods 213,467 Over 50% O Samsung Electronics Peru 2010.04 Sale of electronic goods 119,769 Over 50% O Samsung Electronics (UK) 1995.07 Sale of electronic goods 1,061,598 Over 50% O Samsung Electronics (London) Co. Ltd 1999.01 Holding company (Liquidation underway) 8,249 Over 50% X Samsung Telecoms(UK) 1998.01 Sale of electronic goods (Liquidation underway) 27,609 Over 50% X Samsung Electronics Holding 1982.02 Holding company 704,367 Over 50% O Samsung Semiconductor Europe GmbH 1987.12 Sale of semiconductors and LCD 1,666,748 Over 50% O Samsung Electronics GmbH 1984.12 Sale of electronic goods 744,183 Over 50% O Samsung opto-electronics gmbh 2002.02 Sale of electronic goods (Liquidation underway) 11,557 Over 50% X Samsung Electronics Iberia, S.A.U 1989.01 Sale of electronic goods 711,986 Over 50% O Samsung Electronics France 1988.01 Sale of electronic goods and marketing 1,126,086 Over 50% O Samsung Electronics Hungarian 1989.1 Production and sale of electronic goods 1,509,971 Over 50% O 2010.01 Sale of electronic goods 99,254 Over 50% O 1991.04 Sale of electronic goods 879,776 Over 50% O 1991.05 Logistics 1,045,826 Over 50% O 1995.07 Sale of electronic goods 730,016 Over 50% O Samsung Electronics LCD Slovakia 2007.03 TFT-LCD processing 351,417 Over 50% O Samsung Electronics Romania 2007.09 Sale of electronic goods 74,975 Over 50% O Samsung LCD Netherlands R&D Center 2005.08 R&D 21,792 Over 50% X Samsung LCD Netherlands R&D Center UK 2006.02 R&D 507 Over 50% X Samsung LCD Netherlands R&D Center HK 2007.02 R&D 541 Over 50% X Samsung Electronics Overseas 1997.01 Sale of electronic goods 203,888 50% O Samsung Electronics Poland 1996.04 Sale of electronic goods 381,350 Over 50% O Samsung Electronica Portuguesa Samsung Electronics Nordic Aktiebolag 1982.09 Sale of electronic goods 154,398 Over 50% O 1992.03 Sale of electronic goods 325,310 Over 50% O Samsung Semiconductor Europe LTD 1997.04 Sale of semiconductor and LCD 159,319 Over 50% O Samsung Electronics Austria GmbH 2002.01 Sale of electronic goods 236,413 Over 50% O Samsung Electronics Slovakia 2002.06 Production of CTV and monitors 1,428,847 Over 50% O Samsung Electronics Europe Holding Cooperatief U.A 2008.1 Holding company 589,734 Over 50% O Samsung Electronics Poland Manufacturing 2010.02 Production of home appliances 202,586 Over 50% O Samsung Electronics Greece 2010.04 Sale of electronic goods 41,078 Over 50% X Samsung Electronics West Africa 2010.03 Marketing 21,875 Over 50% X Samsung Gulf Electronics 1995.05 Sale of electronic goods 196,587 Over 50% O Samsung Electronics South Africa 1994.06 Sale of electronic goods 437,583 Over 50% O Samsung Electronics Turkey 1984.12 Sale of electronic goods 340,442 Over 50% O Samsung Semiconductor Israel R&D Center 2007.1 R&D 8,871 Over 50% X Samsung Electronics Levant 2009.07 Sale of electronic goods 3,092 Over 50% X Samsung Electronics Morocco SARLAU 2009.11 Sale of electronic goods 108,382 Over 50% O Samsung Electronics Russia 1999.03 Marketing 13,256 Over 50% X Samsung Electronics Rus Company 2006.1 Sale of electronic goods 1,534,029 Over 50% O Samsung Electronics Ukraine 2004.01 Marketing 892 Over 50% X Samsung Electronics Czech and Slovak Samsung Electronics Italia Samsung Electronics Europe Logistics Samsung Electronics Benelux Samsung Electronics Baltics Samsung Electronics Ukraine Company Samsung Electronics Kazakhstan 2001.1 Sale of electronic goods 53,987 Over 50% O 2008.09 Sale of electronic goods 227,660 Over 50% O 2006.07 Marketing 886 Over 50% X Samsung Electronics KZ and Central Asia 2008.09 Sale of electronic goods 82,657 Over 50% O Samsung Electronics Rus Kaluga 2007.07 Production of CTV 868,331 Over 50% O Samsung Russia Service Company 1997.11 Services 29,864 Over 50% X Samsung Japan Corporation Samsung Yokohama Research Institute 1975.12 Sale of electronic goods 2,513,190 Over 50% O 1992.08 R&D 198,700 Over 50% O Samsung Telecommunications Japan 2008.09 Sale of telecom systems and services 363,720 Over 50% O Samsung Electronics Display (M) Sdn Bhd 1995.03 Production and sale of electronic goods 814,898 Over 50% O Samsung Electronics Malaysia 1989.09 Production of home appliances 243,085 Over 50% O Samsung Vina Electronics 1995.01 Production and sale of electronic goods 121,072 Over 50% O Samsung Asia Private Ltd 1990.12 Sale of electronic goods 936,784 Over 50% O Samsung India Electronics 1995.08 Production and sale of electronic goods 959,651 Over 50% O Samsung India Software Operations 2005.05 R&D 89,947 Over 50% O Samsung Electronics Australia 1987.11 Sale of electronic goods 479,580 Over 50% O Samsung Electronics Indonesia 1991.08 Production and sale of electronic goods 482,932 Over 50% O Samsung Telecommunications Indonesia 2003.03 Sale of telecom systems and services 21,169 Over 50% X Thai Samsung Electronics 1988.1 Production and sale of electronic goods 923,598 Over 50% O Samsung Electronics Philippines 1996.03 Sale of electronic goods 89,527 Over 50% O Samsung Electronics Philippines Manufacturing 2001.03 Sale of electronic goods 344,031 Over 50% O Batino Realty Corporation 2001.01 Real estate management 4,925 SPC X Samsung Malaysia Electronics 2003.05 Sale of electronic goods 489,344 Over 50% O Samsung Electronics Asia Holding Pte. Ltd. 2006.07 Holding company 672,761 Over 50% O Samsung Electronics Bangladeshi Research Center 2010.08 R&D 2,699 Over 50% X Samsung Electronics Vietnam 2008.03 Production of electronic goods 649,439 Over 50% O 16,762 Over 50% X Samsung Telecommunications Malaysia Dongguan Samsung Mobile Display 2009.08 Telecom system services 2001.11 TFT-LCD production 257,010 Over 50% O Tianjin Samsung Mobile Display 2004.06 TFT-LCD production 237,716 Over 50% O Samsung Electronics Hong Kong 1988.09 Sale of electronic goods 947,935 Over 50% O Suzhou Samsung Electronics 1995.04 Production of home appliances 605,353 50% O 1995.04 Production of home appliances 1996.03 Sale of electronic goods 2010.01 Samsung Tianjin Mobile Development Center Samsung Suzhou Electronics Export 261,816 Over 50% O 2,186,632 Over 50% O R&D 24,723 Over 50% X 2010.08 R&D 5,219 Over 50% X Samsung Electronics Suzhou Semiconductor 1994.12 Semiconductor processing 618,680 Over 50% O Samsung Electronics (Shandong) Digital Printing 1993.03 Production of printers 577,795 Over 50% O Samsung Electronics Huizhou 1992.12 Production of electronic goods 1,597,968 Over 50% O Tianjin Samsung Electronics 1993.04 Production of electronic goods 713,648 Over 50% O Samsung Electronics Taiwan Beijing Samsung Telecom R&D Center Tianjin Samsung Telecom Technology 1994.11 Sale of electronic goods 1,873,211 Over 50% O 2000.09 R&D 19,070 Over 50% X 2001.03 Prodution of telecom products 1,171,847 Over 50% O Shanghai Samsung Semiconductor 2001.1 Sale of semiconductor and LCD 1,528,253 Over 50% O Samsung Electronics Suzhou Computer 2002.09 Production of electronic goods 1,344,189 Over 50% O Samsung Electronics Suzhou LCD 2002.09 TFT-LCD processing 473,071 Over 50% O Shenzhen Samsung Kejian Mobile Telecommunication Technology 2002.02 Prodution of telecom products 270,197 Over 50% O 2001.11 Sale of telecom and network products 15,858 Over 50% X 2003.04 R&D 12,831 Over 50% X 2004.05 R&D 5,681 Over 50% X Samsung Electronics Hainan Fiberoptics 2004.04 Production of fiber optic and cable 72,556 Over 50% O Samsung Electronics (Beijing) Service Company 2005.01 Services 61,707 Over 50% O Tianjin Samsung Opto-Electronics Co.Ltd 1994.02 Production of camera and camcorder 271,986 Over 50% O World Cyber Games 2000.07 Game tournaments 1,385 Over 50% X Prosonic 2005.02 Medical sonography manufacturing 24,925 Over 50% X Samsung Mobile Display 2008.09 Manufacturing and sale of TFT-LCD and AMOLED 4,337,385 Over 50% O STECO 1995.06 Production of semiconductor components 91,646 Over 50% O SEMES 1993.01 Semiconductor/FPD manufacturing equipment 414,610 Over 50% O Samsung (CHINA) Investment Co.,Ltd. Samsung Guangzhou Mobile R&D Center Samsung electronics Shanghai Telecommunication Samsung Semiconductor (China) R&D Samsung Electronics China R&D Center SECRON 1993.11 Semiconductor equipment 75,449 Over 50% O Samsung Electronics Service 1998.1 Electronics goods repair services 214,603 Over 50% O S-LCD Corporation 2004.04 Manufacturing and sale of TFT-LCD 5,829,142 Over 50% O Living Plaza 1996.07 SEHF Korea 2004.12 Samsung Electronics Logitech 1998.04 Samsung Bluewings 2008.12 GES 2009.02 Sale of electronic goods Optic cable, camera module Total logistic services Team and game sponsorship Semiconductor equipment 382,012 Over 50% O 138,162 Over 50% O 190,758 Over 50% O 4,511 Over 50% X 11,655 Over 50% X RAY 2004.1 Dental CT 5,514 Over 50% X SVIC #6 Venture Capital Union 2005.07 Investment in venture firms and new technologies 99,629 Over 50% O SVIC #7 Venture Capital Union 2005.07 Investment in venture firms and new technologies 12,248 Over 50% X SVIC #14 Venture Capital Union 2009.05 Investment in venture firms and new technologies 86,096 Over 50% O SVIC #20 Venture Capital Union 2011.03 Investment in venture firms and new technologies - Over 50% X SVIC #21 Venture Capital Union 2011.11 Investment in venture firms and new technologies - Over 50% X SVIC #22 Venture Capital Union 2011.11 Investment in venture firms and new technologies - Over 50% X Samsung Medison 1985.07 Medical equipment 318,938 Over 50% O Medison Healthcare Co.,Ltd 2009.1 Medical equipment 17,675 Over 50% X Samsung Medison Brasil Ltda. 1995.12 Medical equipment 28,915 Over 50% X Samsung Medison America Inc. 1992.01 Medical equipment 10,740 Over 50% X SONOACE Deutschland GmbH 2001.1 Medical equipment 18,909 Over 50% X Samsung Medison France S.A.S. 2005.11 Medical equipment 6,255 Over 50% X Samsung Medison Italia S.r.l. 2008.1 Medical equipment 5,197 Over 50% X Samsung Medison Europe B.V. 2005.11 Medical equipment 3,764 Over 50% X Samsung Medison Shanghai Medical Instrument Co., Ltd. 1992.11 Medical equipment 16,757 Over 50% X Medison (shanghai) Co., Ltd. Medison Medical Equipment Shanghai Samsung Medison Japan Co., Ltd. 2003.09 Medical equipment 4,697 Over 50% X 2005.03 Medical equipment 790 Over 50% X 1995.01 Medical equipment 5,793 Over 50% X Samsung Medison India Private Ltd. 2009.01 Medical equipment 3,159 Over 50% X Medision Medical Systems India Private Ltd. 1997.1 Medical equipment 434 Over 50% X Hi Pioneer Private Securities Investment Trust 1 2011.08 Investment in venture firms and new technologies - Over 50% X Samsung Suzhou LCD Co., Ltd 2011.07 TFT-LCD processing - Over 50% X SU Materials Co., Ltd 2011.08 Electronic goods manufacturing - Over 50% X TNP Small/Medium Size & Venture Enterprises Growth Promotion Investment Limited Partnership (TSUNAMI) 2011.08 Investment in venture firms and new technologies Grandis, Inc. 2002.06 Semiconductor R&D Nexus DX Inc. 2009.07 HX Diagnostics, Inc. - Over 50% X 4,669 Over 50% X Medical equipment 12,119 Over 50% X 2006.01 Medical equipment - Over 50% X HX Reagents, Inc. 2007.01 Medical equipment - Over 50% X Deltapoint Cardiac Diagnostics, Inc. 1993.04 Medical equipment - Over 50% X Nanogen Recognomics GmbH 2001.07 Medical equipment - Over 50% X Samsung Moscow Research Centre 2011.11 R&D - Over 50% X Samsung Electronics East Africa 2011.12 Marketing - Over 50% X ※ Companies whose total assets were KRW50 billion or more at end-2010 are classified as major subsidiaries. □ Total Number of Shares, etc. 1. Total number of shares ( As of December 31, 2011) (Unit: # of shares) Classification I. No. of authorized shares II. No. of shares issued III. No. of shares decreased 1. Capital reduction 2. Share cancellation 3. Redemption of redeemable shares 4. Others IV. No. of shares issued (II-III) V. Treasury shares VI. No. of shares outstanding (IV-V) Type of shares Preferred Common Note Total 400,000,000 100,000,000 500,000,000 155,609,337 23,893,427 179,502,764 8,310,000 1,060,000 9,370,000 - - - 8,310,000 1,060,000 9,370,000 - - - - - - 147,299,337 22,833,427 170,132,764 16,912,614 2,979,693 19,892,307 130,386,723 19,853,734 150,240,457 Treasury share cancellation - 2. Treasury shares In 2011, Samsung Electronics distributed 543,646 common shares in relation to the exercise of stock options of current and former management and employees as well as the merger with Samsung Gwangju Electronics. 485,650 common treasury shares were distributed in relation to the exercise of stock options, and 57,996 treasury shares were distributed in return for the merger with Samsung Gwangju Electronics. As of end-2011, Samsung Electronics held 16,912,614 common treasury shares and 2,979,693 preferred treasury shares. (As of December 31, 2011) (# of shares) Method of acquisition Type of share Acquisition Common on the exchange Preferred Common TOB Preferred Direct Acquisition acquisition Exercise of Common under the appraisal Financial Preferred right Investment Sub-total Common Services (a) Preferred and Capital Markets Shares held Common Act by trustee Preferred Acquisition Shares in Common under trust kind Preferred contracts Sub-total Common (b) Preferred Common Other acquisitions (c) Preferred Common Total (a+b+c) Preferred No. of shares at periodbeginning Change Acquisition Disposal Cancellation (+) (-) (-) 17,456,260 - 2,979,693 - - - - - - - - - 17,456,260 543,646 16,912,614 2,979,693 543,646 2,979,693 - - - - - - - - No. of shares at period-end 16,912,614 2,979,693 - - - - 17,456,260 2,979,693 - 543,646 16,912,614 2,979,693 □ Voting Shares Samsung Electronics issued 147,299,337 common shares, which is 29.5% of authorized shares. The company issued 22,833,427 preferred shares. 16,912,614 common treasury shares held by the company and preferred shares do not have voting rights. 12,506,577 shares have limited voting rights under relevant laws. Thus, the number of shares with voting rights is 117,880,146. ( As of December 31, 2011) (# of shares) No. of shares Note Common 147,299,337 Outstanding shares (A) Preferred 22,833,427 Article 369-2 of the Commercial Act Common 16,912,614 "Treasury Shares" Shares without voting rights (B) Article 370 of the Commercial Act Preferred 22,833,427 "Preferred Shares" Restricted by the Monopoly Regulation and Fair Trade Act: 10,622,814 shares held by Samsung Life Insurance, 1,856, 370 shares held by Samsung Fire & Common 12,506,577 Marine Insurance / Restricted by the Shares with limited voting Insurance Business Act: 27,393 shares rights under relevant laws (C) held by special account of Samsung Life Insurance Preferred Shares with voting rights Common revived (D) Preferred Shares with voting rights Common (E=A-B-C+D) Preferred - 117,880,146 - - ※ Voting rights on agendas excluding appointment and dismissal of board members, revision of the Articles of Incorporation, and merger/business transfer. ※ Among shares for which voting rights are restricted by relevant laws, some of 12,479,184 shares (10,622,814 shares held by Samsung Life Insurance’s proprietary account and 1,856,370 shares held by Samsung Fire & Marine Insurance) whose voting rights are restricted by the Monopoly Regulation and Fair Trade Act can exercise voting rights in relation to appointment and dismissal of board members, revision of the Articles of Incorporation, etc. □ Dividend - Dividends paid out in the recent three fiscal years 2011 5,000 10,029,152 66,868 827,196 - 5,000 13,236,461 88,799 1,496,540 - 5,000 6,208,140 42,137 1,185,438 - 8.24 11.31 19.09 Common 0.52 1.07 1.02 Preferred 0.85 1.57 1.57 Common Preferred Common Preferred Common Preferred 5,500 5,550 - 10,000 10,050 - 8,000 8,050 - Par value per share (won) Net profit (million won) EPS (won) Total cash dividend (million won) Total stock dividend (million won) Dividend payout ratio (%) Cash dividend yield (%) Stock dividend yield (%) Cash dividend per share (won) Stock dividend per share (share) 2010 2009 ※Based on individual financial statements. ※Interim dividend of 75,001 million won was paid out in 2011. (500 won per share) ※EPS denotes to basic EPS. ※For information about calculation of basic EPS, refer to notes of 2011 audited financial statements. II. Business Operation □ Summary of Financials by Business Division Category Business Digital Media Set Telecom Total Semiconductor Components LCD Total Classification 2011 2010 2009 Total sales Amount 132,067,414 Portion 34.90% Amount 135,652,814 Portion 37.50% Amount 114,328,769 Portion 36.00% Internal sales 73,145,237 34.20% 77,265,652 37.20% 63,066,694 34.20% Net sales Operating profit Total asset Total sales 58,922,177 35.70% 58,387,162 37.80% 52,362,878 38.40% 1,412,949 8.70% 429,482 2.50% 3,097,387 28.00% 43,587,236 113,263,888 19.40% 29.90% 43,440,860 78,293,262 22.90% 21.60% 42,605,421 72,748,628 26.10% 22.40% Internal sales 57,729,846 27.00% 38,223,312 18.40% 35,157,318 19.10% Net sales Operating profit Total asset Total sales 55,534,042 33.70% 40,069,950 25.90% 36,490,507 26.80% 8,269,798 50.90% 4,359,254 25.20% 4,053,600 37.40% 43,729,626 246,168,779 19.50% 65.00% 34,440,168 214,945,026 18.20% 59.40% 31,882,983 207,745,409 19.50% 64.80% Internal sales 131,313,977 61.50% 115,898,073 55.90% 116,486,918 63.20% Net sales Operating profit Total asset Total sales 114,854,802 69.60% 99,046,953 64.10% 91,258,491 66.90% 9,706,360 59.70% 4,822,401 27.90% 7,162,479 65.60% 97,700,331 71,305,465 43.50% 18.80% 89,076,990 72,806,264 47.00% 20.10% 78,804,810 54,813,121 48.30% 17.10% Internal sales 34,315,914 16.10% 35,167,480 17.00% 28,005,498 15.20% Net sales Operating profit Total asset Total sales 36,989,551 22.40% 37,638,784 24.30% 26,807,623 19.70% 7,339,206 45.20% 10,110,698 58.50% 2,058,733 18.80% 64,294,570 61,648,667 28.60% 16.30% 55,583,214 62,162,133 29.30% 17.20% 45,458,634 55,279,013 27.90% 17.20% Internal sales 32,405,595 15.20% 32,242,249 15.50% 29,442,191 16.00% Net sales Operating profit Total asset Total sales 29,243,072 17.70% 29,919,884 19.40% 25,836,822 19.00% △749,339 △4.6% 1,991,990 11.50% 1,707,433 15.60% 36,609,172 131,926,525 16.30% 34.80% 31,547,027 134,384,718 16.60% 37.10% 30,959,630 110,092,134 19.00% 34.30% Internal sales 66,373,586 31.10% 67,546,082 32.60% 57,447,689 31.20% Net sales Operating profit Total asset 65,552,939 39.70% 66,838,636 43.20% 52,644,445 38.60% 6,588,438 40.50% 12,089,126 69.90% 3,602,445 33.00% 102,219,695 45.50% 88,118,185 46.50% 76,543,625 46.90% ※Business divisions in 2009 and 2010 were reclassified based on business divisions as of 2011 (on a consolidated basis). ※Net sales include internal sales of the head office and overseas subsidiaries subject to consolidated financial statements. □ Capex Capex up to 2011 totaled KRW22.7 trillion, most of which was spent on future preparations, especially upgrading semiconductor and LCD production lines. 2012 full-year capex is planned at about KRW25 trillion on a consolidated basis, but it could change depending on business situation. - Capex by business division Business Semiconductor LCD Purpose Establishment, addition, upgrade Establishment, addition, upgrade Others Others Period Jan '11 ~ Dec '11 Jan '11 ~ Dec '11 Jan '11 ~ Dec '11 Total Investment in Buildings, facilities Buildings, facilities Buildings, facilities (100 million won) Amount 130,345 63,980 32,407 226,732 □ Major Customers As of 2011, major customers included Apple, Sony, Best Buy, HP, and Dell on a cumulative basis. Sales to our five major customers accounted for about 13% of total sales. III. Corporate Governance and Affiliates □ Affiliates 1. Names of the Group and Affiliates - The name of the group: Samsung As of end 2011, Samsung Group had 78 domestic affiliates. Samsung Electronics and 17 affiliates are listed, and the remaining 61 are unlisted. (As of December 31, 2011) No. of affiliates Name of affiliates 17 Samsung C&T, Cheil Industries, Samsung Electronics, Samsung SDI, Samsung Techwin, Samsung Life Insurance, SEMCO, Samsung Heavy Industries, Samsung Card, Hotel Shilla, Samsung Fire & Marine Insurance, Samsung Securities, S1, Samsung Fine Chemicals, Samsung Engineering, Cheil Worldwide, Credu Unlisted 61 Samsung Everland, Samsung Petrochemical, Samsung SDS, Samsung General Chemicals, Samsung Total Petrochemicals, Samsung Lions, SERI, STECO, Samsung Thales, SEMES, Living Plaza, Samsung Corning Precision Materials, SECRON, Seoul Commtech, Samsung Electronics Service, Samsung Electronics Logitech, Hantok Chemicals, Global Tech, CVnet Corporation, Care Camp, Allat Corp., e Samsung International, SECUI.com, Wealthia.com, Open Tide Korea, Samsung Futures, 365Homecare, Samsung Venture Investment Corporation, Samsung Asset Management, Saengbo, Samsung Claim Adjustment Service, Anycar Service, World Cyber Games, S-LCD Corporation, SD Flex, SEHF Korea, Gemi Plus Distribution, Samsung LED, SB LiMotive, Samsung Mobile Display, Samsung Bluewings, HTSS, Bonavie, RAY, Songdo Land Mark City, S-Core, GES, S1 CRM, EXE C&T, Open Hands, S-EnPol, Samsung Medison, Medison Healthcare, Prosonic, SMP, STM, Samsung Biologics, Miracom Inc., Samsung Life Service, SSLM, SU Materials Total 78 Listed 2. Stake-Holdings among Affiliates and Subsidiaries [Domestic] (As of December 31, 2011) (%, based on common shares) Investee Samsung C&T Cheil Ind. Samsung C&T SEC SEMCO Samsung Heavy Ind. 4.1 20.4 SEC Samsung Techwin Hotel Shilla Samsung Engineering 4.3 0 Cheil Ind. Samsung SDI Samsung SDI 23.7 0.4 17.6 0.1 25.5 7.4 Cheil Worldwide Samsung Fine Chemicals 12.6 2.6 13.1 5.1 0.1 5.1 Samsung SDS Samsung Everland 5.6 18.3 1.5 3.2 8.4 21.7 11.5 S1 4 11 4 Samsung Corning Precision Materials SEMCO 2.4 Samsung Everland 0.1 0.3 8.4 4 Samsung Heavy Ind. Investor Samsung Techwin 0.1 Samsung Engin-eering 0.1 Cheil Worldwide 0.1 0.9 Samsung Fine Chemicals Samsung General Chemicals 2.2 Hotel Shilla S1 SERI Samsung SDS Samsung Life Insurance 5.1 0.2 Samsung Fire & Marine Insurance Seoul Commtech Wealthia.com Samsung Medison 0.4 3.4 0.6 7.7 0.2 5.4 1.3 Samsung Securities Samsung Card 7.5 1 0 4.7 2 3.1 0 1.3 3 0 1.3 1.9 25.6 Samsung LED Samsung Mobile Display SEHF SVIC #6 Total 12.5 4.9 12.8 20.8 23.7 24.3 32.4 17.3 18.4 18.3 Samsung Electronics Service 99.3 32 20.6 48.4 39.1 World Cyber Games SECRON Living Plaza Samsung Blue Wings 45 78.1 100 100 Investee Samsung General Chemicals Samsung C&T Cheil Ind. SEC Samsung SDI Samsung Total Petrochem. Samsung Petrochem. Hantok Chemicals Samsung Lions SERI 38.7 27.3 7.5 1 0.9 3.9 21.4 13 15 27.5 1 29.8 10.7 28.6 Samsung Corning Precision Materials SEMCO 10.5 12.5 Samsung Everland 2 Samsung Heavy Ind. Samsung Techwin 23.8 1 26.5 Samsung Engin-eering Investor Cheil Worldwide 0.3 Samsung Fine Chemicals 3.6 Samsung General Chemicals 3 50 50 Hotel Shilla S1 SERI Samsung SDS Samsung Life Insurance Samsung Fire & Marine Insurance Samsung Securities Samsung Card 14.8 STECO SEMES Seoul Commtech 51 85.6 35.6 Seoul Commtech Wealthia.com Samsung Medison Samsung LED Samsung Mobile Display SEHF SVIC #6 Total 95 50 61.6 50 67.5 100 51 85.6 35.6 99.3 45 78.1 100 100 Samsung Thales Samsung Corning Precision Materials Investee Samsung Electronics Logitech Samsung LED SLCD Corp. SEHF Korea Samsung Mobile Display RAY GES Samsung Medison Medison Health Care Prosonic Samsung C&T Samsung Biologics SSLM SU Materials 10 Cheil Ind. SEC 100 50 50 64.4 100 65.8 100 40 42.6 35.6 Samsung SDI Samsung Corning Precision Materials SEMCO Samsung Everland 50 40 Samsung Heavy Ind. Samsung Techwin 50 Samsung Engin-eering Cheil Worldwide Investor Samsung Fine Chemicals Samsung General Chemicals Hotel Shilla S1 SERI Samsung SDS Samsung Life Insurance Samsung Fire & Marine Insurance Samsung Securities Samsung Card 0 Seoul Commtech Wealthia.com Samsung Medison 100 Samsung LED 50 Samsung Mobile Display 50 100 SEHF SVIC #6 Total 100 100 50 100 100 64.6 64.6 100 65.8 100 100 90 50 50 50 42.7 Investee Global Tech Samsung C&T Cvnet 40.1 Care Camp 52.8 Songdo Land Mark City SD Flex SB LiMotive SECUI. com HTSS S1 CRM SEnPol SMP STM 40.7 50 Cheil Ind. Gemi Plus Distribution 100 SEC 50 Samsung SDI Samsung Corning Precision Materials 51 SEMCO Samsung Everland 8.7 Samsung Heavy Ind. Samsung Techwin Samsung Engineering Cheil Worldwide Investor Samsung Fine Chemicals 100 Samsung General Chemicals Hotel Shilla S1 52.4 SERI Samsung SDS Samsung Life Insurance Samsung Fire & Marine Insurance Samsung Securities Samsung Card 4.4 80 100 50 50 Seoul Commtech 9.4 Wealthia.com Samsung Medison Samsung LED Samsung Mobile Display SEHF SVIC #6 Total 51 49.5 52.8 40.7 50 100 50 65.4 80 100 100 50 50 Saengbo 365 Homecare Investee e Samsung International Wealthia.com Open Tide Korea SCore Open Hands Bonavie Credu EXE C&T Miracom Inc. Samsung Life Insurance Samsung C&T Cheil Ind. SEC Samsung SDI 11.3 Samsung Corning Precision Materials SEMCO 11.3 Samsung Everland 25 0.6 21 19.3 Samsung Heavy Ind. Samsung Techwin Samsung Engineering Investor Cheil Worldwide 10.4 0.2 Samsung Fine Chemicals 0.5 Samsung General Chemicals 100 Hotel Shilla 19.2 S1 5.2 SERI Samsung SDS Samsung Life Insurance Samsung Fire & Marine Insurance 52.5 10.5 10.7 72.6 94.3 100 49.7 0 100 82.7 0.4 28.8 50 Samsung Securities 1.6 Samsung Card 3.3 Seoul Commtech 14.4 Wealthia.com Samsung Medison Samsung LED Samsung Mobile Display SEHF SVIC #6 Total 100 41.5 83 94.3 100 100 60.4 100 82.7 21 50 62.5 Investee Samsung Life Service Samsung Futures Samsung Asset Management Samsung Fire & Marine Insurance Samsung C&T Samsung Claim Adjustment Service Anycar Service Samsung Securities 0.3 Samsung Card Allat Corp. Samsung Venture Investment Corp. 2.4 Cheil Ind. 35.3 SEC 16.3 16.3 Samsung SDI Samsung Corning Precision Materials 3.6 SEMCO Samsung Everland 30 Samsung Heavy Ind. 3.9 0 Samsung Techwin Investor 17 16.7 Samsung Engineering Cheil Worldwide Samsung Fine Chemicals Samsung General Chemicals Hotel Shilla S1 SERI Samsung SDS Samsung Life Insurance 17 99.2 41 5.5 10.4 11.1 26.4 Samsung Fire & Marine Insurance Samsung Securities 4 1.2 51 65.3 Samsung Card 99.9 100 8 0 0.6 16.7 30 Seoul Commtech Wealthia.com Samsung Medison Samsung LED Samsung Mobile Display SEHF SVIC #6 99.2 Total 96 75.8 11 99.9 100 19.4 67.7 60 100 [Overseas] (As of December 31, 2011) Investor Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T (%, based on common shares) Investee Samsung Japan Co., Ltd. MYODO METAL CO., Ltd. Samsung C&T America Inc. Samsung Finance Corporation. Canada Trade Group Inc. Samsung E&C America, INC. SAMSUNG OIL & GAS USA CORP Samsung Renewable Energy Inc. SCNT Power Norte S. De R.L. de C.V. QSSC, S.A. de C.V. Samsung C&T Oil & Gas Parallel Samsung C&T Deutchland GmbH Samsung C&T U.K. Ltd. Samsung Trading PLC. Xiod Distribution Samsung C&T France S.A.S POSS-SLPC, s.r.o SAM investment Manzanilo.B.V Ecosolar OOD Ecoenergy Solar OOD Agirlplam EOOD Fishtrade EOOD Manageprojekt EOOD Solar Park EOOD Veselinovo Energy OOD Samsung Engineering & Construction(M) SDN.BHD. Stake 49 100 100 80 48.7 100 90 100 100 60 100 100 100 100 25 100 50 100 100 100 100 100 100 100 100 100 Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T Samsung C&T America Inc. Samsung C&T America Inc. Samsung C&T America Inc. Samsung C&T America Inc. Samsung C&T America Inc. Samsung C&T America Inc. Samsung C&T America Inc. Samsung C&T America Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung C&T Malaysia SDN. BHD Erdsam Co., Ltd. Samsung Chemtech S-print Inc Cassava Investment Korea Pte. Ltd. P.T. Samsung Development Samsung Development (Thailand) Co., Ltd. Samsung C&T Thailand Co., Ltd Cheil Holding Inc. Samsung Const. Co. Phils.,Inc. Samsung Design Philippines Inc Samsung Oil & Gas(Timor Sea 06-102) Ltd. Samsugn Oil & Gas Australia PTY. Ltd. Samsung C&T India Pte., Ltd. Malaysia Samsung Steel Center Sdn.Bhd Samsung C&T Singapore Pte., Ltd. S&G Biofuel PTE.Ltd. Samsung C&T Hongkong Ltd. Shunde Shengpu Processing Center Co. Ltd Samsung C&T Taiwan Co., Ltd. Samsung Precision Stainless Steel(pinghu) Co.,Ltd. Samsung E&C (Shanghai) Co.,Ltd. Dongguan Samsung Steel Center Co., Ltd. Posco-Samsung Suzhou Processing Center Co. Ltd Samsung Nigeria Co., Ltd. LOBINAVE - Estaleiro Naval do Lobito, Limitada SAMSUNG C&T CORPORATION SAUDI ARABIA Samsung C&T Chile Copper SpA Samsung C&T DO Brasil Participacoes LTDA Samsung Corporation Rus LLC KSI LLP Samsung Asia Private Ltd. Samsung SDI America, Inc. Samsung SDI (Malaysia) SDN. BHD. Samsung SDI (Hong Kong) Ltd. Samsung SDI Brasil Ltda. Samsung Finance Corporation. Meadowland Distribution Web2Zone., Inc. SAMSUNG OIL & GAS USA CORP Samsung Green repower, LLC Samsung Solar Construction Inc. QSSC, S.A. de C.V. S-print Inc Grand Renewable Solar GP Inc. Grand Renewable Solar LP Inc. Kingston Solar GP Inc. Kingston Solar LP Inc. K2 Wind Ontario Inc. 100 100 51.7 40 29.7 100 100 43.9 40 25 100 100 100 100 70 100 50.5 100 51.6 100 55 100 70 50 99.9 40 100 100 100 100 25 30 8.3 6.4 2.4 0 20 100 100 10 100 100 20 24 100 100 100 100 50 Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Renewable Energy Inc. Samsung Green repower, LLC Samsung Green repower, LLC Grand Renewable Solar GP Inc. Kingston Solar GP Inc. K2 Wind Ontario Inc. SP Armow Wind Ontario GP Inc Samsung C&T Oil & Gas Parallel SP Ontario Wind Development GP South Kent Wind GP Inc. Grand Renewable Wind GP Inc. SP Beaverdale Wind GP Inc. Samsung C&T Deutchland GmbH Samsung C&T Deutchland GmbH Samsung C&T Deutchland GmbH Samsung C&T Deutchland GmbH Samsung C&T U.K. Ltd. Samsung C&T U.K. Ltd. Samsung C&T U.K. Ltd. Samsung C&T France S.A.S SAM investment Manzanilo.B.V K2 Wind Ontario LP Inc SP Armow Wind Ontario GP Inc SP Armow Wind Ontario LP Inc SP Beaverdale Wind LP SRE Wind GP Holding Inc. SP Ontario Wind Development LP South Kent Wind LP Inc. Grand Renewable Wind LP Inc. SP Ontario Wind Development GP Inc. South Kent Wind GP Inc. Grand Renewable Wind GP Inc. SP Beaverdale Wind GP Inc. SOLAR PROJECTS SOLUTIONS,LLC SPS Atwell Island, LLC Grand Renewable Solar LP Inc. Kingston Solar LP Inc. K2 Wind Ontario LP SP Armow Wind Ontario LP Parallel Petroleum LLC SP Ontario Wind Development LP South Kent Wind LP Inc. Grand Renewable Wind LP Inc. SP Beaverdale Wind LP Samsung C&T Italia S.A.R.L POSS-SLPC, s.r.o S.C. Otelinox S.A KSI LLP Xiod Distribution SOLECO S.A Samsung Nigeria Co., Ltd. Comptoir Des Produits Inoxydables S.A.S. Terminal KMS de GNL S. de R.L de C.V Samsung Engineering & Construction(M) SDN.BHD. SS KUKDONG JASATERA J/V Cassava Investment Korea Pte. Cassava Investment Korea Pte. Cheil Holding Inc. Samsung C&T Singapore Pte. Ltd Samsung C&T Singapore Pte. Ltd Samsung C&T Singapore Pte. Ltd Samsung C&T Singapore Pte. Ltd Samsung C&T Singapore Pte. Ltd Samsung C&T Singapore Pte. Ltd S&G Biofuel PTE.LTD S&G Biofuel PTE.LTD Samsung C&T HONGKONG Ltd. Samsung C&T HONGKONG Ltd. Samsung C&T HONGKONG Ltd. Samsung C&T HONGKONG Ltd. PT. Cahaya Borneo Sukses Agros PT. Cassava Borneo Sukses Plan Samsung Const. Co. Phils.,Inc. Samsung Chemtech S-print Inc Cassava Investment Korea Pte. Ltd. Malaysia Samsung Steel Center Sdn.Bhd Samsung C&T Corporation Hanoi Logistics S&G Biofuel PTE.Ltd. PT. Gandaerah Hendana PT. Inecda Samsung C&T Thailand Co., Ltd Tianjin International Trade Co. Ltd Samsung Trading (Shanghai Pu Dong New Area) Co., Ltd. Karson Industrial Co., Ltd. 33.3 50 50 50 100 50 50 50 50 50 50 50 65 100 0 0 0 0 90 0 0 0 0 100 20 94.3 25 75 65 0.1 12.5 37.5 70 49 49 75 48.3 16 12.7 30 40 12.6 95 95 13.2 100 100 100 Samsung C&T HONGKONG Ltd. Samsung C&T HONGKONG Ltd. Samsung C&T HONGKONG Ltd. Samsung C&T HONGKONG Ltd. Samsung C&T HONGKONG Ltd. Samsung C&T HONGKONG Ltd. Samsung (China) Logistics Ltd. Samsung (China) Logistics Ltd. Samsung (China) Logistics Ltd. Samsung (China) Logistics Ltd. S.C. Otelinox S.A Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Enterprise Co., Ltd. Samsung Trading (Shenzhen) Co., Ltd. Samsung (China) Logistics Ltd. Samsung Corporation (Gaungzhou) Limited. Dongguan Samsung Steel Center Co., Ltd. Posco-Samsung Suzhou Processing Center Co. Ltd Samsung C&T Corporation Hanoi Logistics Samsung Logistics (Tianjin) Ltd Shenzhen Samsung Shipping Container Line Co., Ltd. Dongguan Samsung Logistics Warehouse Co., Ltd. Comptoir Des Produits Inoxydables S.A.S. Samsung Japan Co., Ltd. Samsung Yokohama Research Institute Samsung Electronics America Inc. Samsung Electronics Canada Inc. Samsung Electronics Mexico S.A. De C.V. Samsung Electronics (UK) Ltd. Samsung Electronics Ltd. Samsung Electronics Holding GmbH Samsung Electronics Iberia, S.A. Samsung Electronics France S.A.S Samsung Electronics Hungarian RT. Samsung Electronics Italia S.P.A. Samsung Electronics Europe Logistics B.V. Samsung Electronics Benelux B.V. Samsung Electronics LCD Slovakia s.r.o. Samsung Electronics Overseas B.V. Samsung Electronics Polska, SP.Zo.O Samsung Electronics Portuguesa S.A. Samsung Electronics Nordic Aktiebolag Samsung Electronics Austria Gmbh Samsung Electronics Slovakia s.r.o Samsung Electronics European Holding Samsung Electronics Display (M) Sdn Bhd Samsung Electronics Malaysia SDN.BHD. Samsung Vina Electronics Co., Ltd. Samsung Asia Private Ltd. SAMSUNG INDIA ELECTRONICS Private. Ltd. Samsung India Software Operations Pvt. Ltd. Samsung Electronics Australia Pty. Ltd. PT Samsung Electronics Indonesia Thai-Samsung Electronics Co. Ltd. Samsung Electronic Philippine Manufacturing Corp. SAMSUNG MALAYSIA ELECTRONICS (SME) SDN. BHD. Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Hong Kong Co., Ltd. Suzhou Samsung Electronics Co., Ltd Samsung (CHINA) Investment Co.,Ltd. Samsung Electronics Suzhou Semiconductor Co., Ltd. 100 100 100 100 30 20 11 100 100 100 87.5 51 100 100 100 63.6 100 100 100 100 100 100 100 100 100 0 100 100 100 100 100 55.7 100 75 100 80 70 100 100 100 100 91.8 100 100 100 100 69.1 100 100 Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics Samsung Electronics SEMES Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Medison Samsung Electronics America In Samsung Electronics America In Samsung Electronics America In Samsung Electronics America In Samsung Electronics America In Samsung Electronics America In Nexus DX, Inc. Nexus DX, Inc. Nexus DX, Inc. HX Diagnostics Inc Samsung Semiconductor Inc. SAMSUNG ELECTRONICS DIGITAL PRINTING Samsung Electronics Huizhou Co., Ltd. Tianjin Samsung Electronics Co., Ltd. Samsung Electronics Taiwan Co., Ltd. Tianjin Samsung Telecom Technology Co., Ltd. Shanghai Samsung Semiconductor Co., Ltd. Samsung Electronics Suzhou Computer Co.,Lcd Samsung Electronics Suzhou LCD Co.,Lcd Samsung Suzhou LCD Co., Ltd Shenzhen Samsung Kejian Mobile Telecom. Tech. Co., Ltd. Samsung Electronic Shanghai Telecommunications Co., Ltd. Samsung Semiconductor China R&D.,Ltd. Samsung Electronics Hainan Fiberoptics Co., Ltd Samsung Gulf Electronics Co., Ltd. Samsung Electronics South Africa (Pty) Ltd. Samsung Electronics Latinoamerica (Zona Libre) Samsung Electronica Da Amazonia LTDA. Samsung Electronics Argentina S.A. Samsung Electronics Chile Limitada(Ltda) Samsung Electronics Rus Company Samsung Electronics Rus Kaluga Samsung Russia Service Company Samsung SDI Brasil Ltda. Samsung Opto-Electronics GmbH Tianjin Samsung Opto-Electronics Co.Ltd SEMES America,Inc.(구 KDNSA) Medison Japan Co., Ltd Medison America Inc. SonAce Deutschland GmbH Medison Italy SRL Medison France SAS Medison Europe B.V. Medison Systems India Private Ltd.. Medison Medical Systems India Medison(Shanhai)Co.Ltd. Shanghai Medison Medical Instrument Co., Ltd Medison Medical Equipment Medison Do Brasil Ltda Nexus DX, Inc. Samsung Receivables Corporation Samsung Semiconductor Inc. Samsung Information Systems America Inc. Samsung International Inc. Samsung Telecommunications America LLC. HX Diagnostics Inc Deltapoint Cardiac diagnostics Nanogen Recognomics GmbH HX Reagents Inc Samsung Austin Semiconductor LLC. 87.1 89.6 48.2 100 90 100 73.7 100 50 60 100 100 100 100 100 100 87 98 4.1 100 100 100 0.1 100 82 100 100 100 100 100 100 100 100 100 100 97.7 100 100 100 32.5 100 100 100 100 100 100 60 100 100 Samsung Information Systems Am Samsung International Inc. Grandis Inc. Samsung Mexicana S.A. De C.V. 100 100 Samsung Telecommunications America LLC. Samsung Receivables Corporation 67.6 Samsung Telecoms (UK) Ltd. Samsung Semiconductor Europe Limited Samsung Semiconductor Europe GmbH Samsung Electronics GmbH Samsung Electronics Czech and Slovak s.r.o. Samsung Electronics Slovakia s.r.o Samsung Electronics Mexico S.A. De C.V. Samsung Electronics LCD Slovakia s.r.o. Samsung Electronics West Africa Samsung Electronics Turkey Samsung Semiconductor Israel R&D Center,Ltd. Samsung Electronics Levant Co.,Ltd Samsung Electronics Morocco SARLAU Samsung Electronics East Afric Samsung Electronics Venezuela Samsung Electronica Da Amazonia LTDA. Samsung Electronics Chile Limitada(Ltda) Samsung Electronics Peru Samsung Electronics Russia Samsung Electronics Ukraine Samsung Electronics Baltics Samsung Electronics Ukraine Company Samsung Moscow Reserch Center Samsung Electronics Kazakhstan SAMSUNG ELECTRONICS KZ AND CENTRAL ASIA LLP 100 100 100 100 30 44.3 36.4 100 100 100 100 100 100 100 100 13 95.9 100 100 100 100 100 100 100 100 Samsung Electronics (UK) Ltd. Samsung Electronics (UK) Ltd. Samsung Electronics Holding GmbH Samsung Electronics Holding GmbH Samsung Electronics Hungarian RT. Samsung Electronics Hungarian RT. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics Benelux B. Samsung Electronics European Holding Samsung Electronics European Holding Samsung Electronics European Holding Samsung Electronics European Holding Samsung Electronics European Holding Sansung LCD Netherlands R&D Center B.V Sansung LCD Netherlands R&D Center B.V Samsung Electronics Display (M) Sdn Bhd PT Samsung Electronics Indonesia Samsung Electronic Philippine Manufacturing Corp. Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Czech and Slovak s.r.o. 70 Samsung Electronics Romania LLC 100 Samsung Electronics Poland Manufacturing 100 Samsung Electronics Greece S.A. 100 Sansung LCD Netherlands R&D Center B.V 100 Sansung LCD Netherlands R&D Center(UK)Limited 100 Sansung LCD Netherlands R&D Center(HK)Limited 100 Tianjin Samsung Electronics Co., Ltd. 2.2 P.T. Samsung Telecommunications Indonesia 99 Batino Realty Corp. 39.8 Samsung Telecommunications Japan Co. 100 Samsung Electronics Display (M) Sdn Bhd 25 Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Samsung Electronics Asia Holding Pte Ltd Suzhou Samsung Electronics Co., Ltd Samsung (CHINA) Investment Co., Ltd Samsung (CHINA) Investment Co., Ltd Samsung (CHINA) Investment Co., Ltd Samsung (CHINA) Investment Co., Ltd Samsung (CHINA) Investment Co., Ltd Samsung (CHINA) Investment Co., Ltd Samsung (CHINA) Investment Co., Ltd Samsung (CHINA) Investment Co., Ltd Samsung (CHINA) Investment Co., Ltd Samsung (CHINA) Investment Co., Ltd Samsung (CHINA) Investment Co., Ltd Samsung (CHINA) Investment Co., Ltd Samsung Electronics Latinoamerica (Zona Libre) Samsung Electronics Latinoamerica (Zona Libre) Samsung Electronica Da Amazoni LTDA. Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung SDI Samsung Electronics Philippines Corporation 100 Samsung Electronics Bangladeshi Research Center 100 Samsung Electronics Vietnam Company Ltd. 100 Samsung Telecommunications Malaysia Sbn. Bhd. 100 Samsung SDI (Malaysia) SDN. BHD. 25 Samsung Electro-Mechanics Thailand Co., Ltd. 25 eSamsung Greater China Co., Ltd. 11.4 eSamsung Greater China Co., Ltd. 11.3 Samsung Suzhou Electronics Export Co.,Ltd 100 Suzhou Samsung Electronics Co., Ltd 19.2 Samsung Guangzhou Mobile R&D Center 100 Samsung Tianjin Mobile Development Center 100 SAMSUNG ELECTRONICS DIGITAL PRINTING 12.9 Samsung Electronics Huizhou Co., Ltd. 10.3 Tianjin Samsung Electronics Co., Ltd. 40.8 Beijing Samsung Telecom. R&D Center. 100 Samsung Electronics Suzhou Computer Co.,Lcd 26.3 Samsung Electronics China R&D Center 100 Samsung Electronics Beijing Service Co., Ltd 100 Tianjin Samsung Opto-Electronics Co.Ltd Samsung Suzhou LCD Co., Ltd. 8 10 Samsung Electronics Latino America Miami, Inc. 100 Samsung Electronica Columbia 100 Samsung Electronics Argentina S.A. Samsung SDI America, Inc. Samsung SDI Germany GmbH. Samsung SDI Hungary Rt. Samsung SDI Europe GmbH. Samsung SDI (Malaysia) SDN. BHD. Samsung SDI Vietnam Co., Ltd. Samsung SDI Energy Malaysia SD Samsung SDI (Hong Kong) Ltd. Samsung SDI Brasil Ltda. 2 91.7 100 100 100 68.6 100 100 91.9 4 Samsung SDI SB LiMotive SB LiMotive Samsung Mobile Display Samsung Mobile Display Samsung SDI America, Inc. Samsung SDI America, Inc. Samsung SDI Germany GmbH. Samsung SDI Germany GmbH. Samsung SDI (Malaysia) SDN. BHD. Samsung SDI (Malaysia) SDN. BHD. Samsung SDI (Hong Kong) Ltd. Samsung SDI (Hong Kong) Ltd. Samsung SDI (Hong Kong) Ltd. Samsung SDI (Hong Kong) Ltd. SEMCO SEMCO SEMCO SEMCO SEMCO SEMCO SEMCO SEMCO SEMCO SEMCO SEMCO SEMCO SEMCO Samsung LED Samsung LED Samsung LED Samsung Electro-Mechanics America, Inc. Samsung Electro-Mechanics Hongkong Co., Ltd. SSH Limited. Cobasys.,LLC SB LiMotive Germany GmbH Dongguan Samsung Mobile Display Co., Ltd. Tianjin Samsung Mobile Display Co.,Ltd Samsung SDI Mexico S.A. de C.V. Samsung SDI Brasil Ltda. Samsung SDI (Hong Kong) Ltd. Samsung SDI Brasil Ltda. Samsung SDI (Hong Kong) Ltd. Samsung SDI Brasil Ltda. Shenzhen Samsung SDI Co., Ltd. Tianjin Samsung SDI Co., Ltd. Shanghai Samsung Electronic Devices Co., Ltd Samsung SDI Brasil Ltda. Samsung Electro-Mechanics America, Inc. Samsung Electro-Mechanics Germany, GMBH Samsung Electro-Mechanics Hungary Inc. Samsung Electro-Mechanics Thailand Co., Ltd. Samsung Electro-Mechanics Philippines, Corp. Calamba Premier Realty Corporation. Samsung Electro-Mechanics Indonesia, pt Samsung Electro-Mechanics Pte.,Ltd Dongguan Samsung Electro Mechanics Co., Ltd. Tianjin Samsung Electro-Mechanics Samsung Electro-Mechanics Hongkong Co., Ltd. Samsung High Techelectro-Mechanics Co., Ltd. Kunshan Samsung Electro-Mechanics SAMSUNG LED AMERICA, INC SAMSUNG LED EUROPE GMBH TIANJIN SAMSUNG LED CO., LTD 40 100 100 100 95 100 40.4 0.4 40.8 5.3 0.2 80 80 60.3 14.5 100 100 100 75 100 39.8 100 100 100 81.8 100 95 100 100 100 100 Samsung Electro-Mechanics Do Brasil Intermediacoes 100 Shenzhen Samsung Electro-Mechanics Co., Ltd. 100 Samsung Fire & Marine Insurance SAMSUNG FIRE & MARINE MANAGEME 100 Samsung Fire & Marine Insurance SAMAUNG FIRE & MARINE INSURANCE COMPANY OF EUROPE 100 Samsung Fire & Marine Insurance Samsung Fire & Marine Insurance Samsung Fire & Marine Insurance Samsung Fire & Marine Insurance Samsung Fire & Marine Insurance Samsung Total Petrochemicals Samsung Total Petrochemicals Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Indonesian subsidiary of Samsung Fire & Marine Insurance Samsung Vina Insurance Co. Ltd. SAMSUNG REINSURANCE PTE. Ltd. Samsung Property Insurance (China) Co., Ltd. SAMSUNG FIRE & MARINE CONSULTORIA EM SEGUROS LTDA. Dongguan Samsung Total Engineering Plastics Limited Samsung Total Petrochemicals Trading (Shanghai) Co., Ltd. Hukuoka Engineering Center Camellia Consulting Corporation Samsung Wind Energy,Inc Samsung Heavy Industries India Pvt.Ltd. 70 50 100 100 100 100 100 100 100 100 100 Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Samsung Heavy Industries Camellia Consulting Corporation Samsung Life Insurance Samsung Life Insurance Samsung Life Insurance Samsung Life Insurance Samsung Asset Management Samsung Asset Management Cheil Industries Cheil Industries Cheil Industries Cheil Industries Cheil Industries Cheil Industries Cheil Industries Cheil Industries Cheil Industries Cheil Industries Cheil Industries Starex Compounding America Inc Samsung Fashion S.R.L Samsung Chemical (Thailand) CO., Ltd Samsung Techwin Samsung Techwin Samsung Techwin Samsung Techwin Samsung Techwin Samsung Techwin e Samsung International eSamsung Greater China Co., Ltd Opentide Greater China Co., Lt Opentide Greater China Co., Lt Opentide Greater China Co., Lt Opentide China Co., Ltd. Opentide China Co., Ltd. iMarket Asia Co., Ltd. Samsung Corning Precision Materials Samsung Corning Precision Materials SAMSUNG HEAVY INDUSTRIES (M) SDN.BHD Samsung Heavy Industries (Thailand) Co.Ltd Samsung Heavy Industries (Ningbo) Co., Ltd. Samsung Heavy Industries (Rong Cheng) Co., Ltd. Rongcheng Gaya Shipbuilding Rongcheng Bucheon Shipbuilding Steel Samsung Heavy Industries Trade(Shanghai) Co., Ltd Samsung Heavy Industries Nigeria Limited SAMSUNG HEAVY INDUSTRIES BRAZIL ASSESSORIA EM PROJETOS EMPRESARIAIS LTDA SHI BRAZIL CONSTRUCTION Samsung Sakhalin Limited Liability Company Oil & Gas Solution LLC Samsung Life Investment (America) Ltd. Samsung Life Investment (U.K.) Limited. Samsung Properties China, Limited. Samsung Air China Life Samsung Asset Management(Singapore)Pte.Ltd. Samsung Asset Management(Hong Kong) Limited. Cheil America Inc. Samsung Chemical U.S.A Inc. Starex Compounding America Inc. Samsung Fashion S.r.L Samsung Chemical Europe Gmbh Samsung Chemical Hungary LLC Samsung Chemical (Thailand) CO., Ltd Samsung Fashion Trading (Shanghai) Co. ,Ltd Samsung Chemical Material Trading(Shanghai)Co.Ltd. TIANJIN SAMSUNG ENGINEERING PLASTICS CO., LTD Samsung Chemical Electronic Materials (Suzhou) Co. Ltd. Stacom Mexico, S.A. de C.V. COLOMBO VIA DELLA SPIGA S.R.L 100 49 100 100 100 100 100 100 100 100 50 100 100 100 50 100 100 100 100 100 100 100 100 59.4 100 100 100 100 99 100 Samsung Thai Engineering Co., Ltd. 17.2 Techwin Engineering Center Co. Samsung Opto-Electronics America, Inc. SAMSUNG TECHWIN EUROPE, Ltd. Tianjin Samsung Techwin Opto-Electronics Shanghai Samsung Mechatronics & Trading Samsung Techwin DO Brasil Equipamentos De Seguranca Ltda eSamsung Greater China Co., Ltd. iMarket Asia Co., Ltd. Opentide China Co., Ltd. OpenTide Taiwan Co., Ltd OpenTide Interactive Advertising Co.,Ltd Opentide e-Commerce Co.,Ltd. OpenTide Marketing Service Co., Ltd. iMarket China Co., Ltd. Samsung Corning Malaysia SDN. BHD. SSH Limited. 100 100 100 95 100 100 77.3 100 100 100 100 100 100 80 100 60 100 Samsung Corning Malaysia SDN. Samsung Petrochemical Samsung Petrochemical Samsung Securities Samsung Securities Samsung Securities Samsung Securities (Asia) Limi Samsung SDS Samsung SDS Samsung SDS Samsung SDS Samsung SDS Samsung SDS Samsung SDS Samsung SDS Samsung SDS Miracom Inc. Samsung SDS America,Inc. Samsung SDS America,Inc. Samsung SDS Europe Ltd. Samsung SDS Asia Pacific Pte. Samsung SDS Asia Pacific Pte. Samsung SDS Asia Pacific Pte. Samsung SDS Asia Pacific Pte. Samsung SDS Asia Pacific Pte. Samsung SDS Asia Pacific Pte. Samsung Data Systems India Pvt Samsung SDS China, Ltd. MIRACOM ASIA PACIFIC Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Engineering Samsung Corning Precision Mate Samsung Petrochemical (Shanghai) Co., Ltd. Samsung Fine Chemicals Trading (Shanghai) Co., Ltd Samsung Securities (America), Inc. Samsung Securities (Europe) Limited. Samsung Securities (Asia) Limited. Samsung Securities (Singapore) Samsung SDS Infotech Pvt Ltd. Opentide Greater China Co., Ltd. Samsung SDS America, Inc. Samsung SDS Europe Ltd. Samsung SDS Global SCL Netherland Cooperatief U.A Samsung SDS Asia Pacific Pte. Ltd. Samsung SDS India PVt. Ltd. Samsung SDS China, Ltd. Samsung SDS Latin America, Ltd. MIRACOM ASIA PACIFIC Samsung SDS Latin America, Ltd Samsung SDS Mexico, S.A. DE C. Samsung SDS Global SCL Netherland Cooperatief U.A Samsung SDS GSCL Vietnam Co Ltd PT. Samsung SDS Global SCL Indonesia Samsung SDS Global SCL Philippines Co., Ltd. Samsung SDS Global SCL Thailand Co.,Ltd Samsung SDS Global SCL Malaysia SDN.BHD. Samsung SDS Global SCL Hong Kong Ltd Samsung SDS Infotech Pvt Ltd. Samsung SDS Global SCL Beijing Co., Ltd MIRACOM CHINA Samsung Engineering Japan Co., Ltd. Samsung Engineering America Inc. Samsung Engineering Magyarorszag Kft Samsung Engineering (Malaysia) SDN. BHD. PT Samsung Engineering Indonesia Co., Ltd. Samsung Engineering (Thailand) Co., Ltd. Samsung Thai Engineering Co., Ltd. Samsung Engineering India Private Ltd. Samsung Engineering Australia Pty Limited Samsung Engineering Construction(Shanghai) Co., Ltd Samsung Saudi Arabia Ltd. Muharraq Wastewater Services Company W.L.L. Muharraq STP Company B.S.C. Muharraq Holding Company 1 Limited Samsung INGENIERIA MEXICO S.A DE C.V. Samsung Ingenieria Minatitlan, S.A. De C.V. Samsung Engineering Trinidad Co., Ltd. Samsung Ingenieria Manzanillo, S.A. De C.V. Grupo Samsung Ingenieria Mexico, S.A. De C.V. Samsung Ingenieria Energia S.A. De C.V. 100 100 100 100 100 100 100 81.5 36.7 100 100 100 100 100 100 99.6 100 0.4 99 0 51 100 100 100 100 100 18.5 100 100 100 100 100 100 100 33 29.8 100 100 100 95 65 5.1 45 99.7 99.9 100 99.9 100 100 Samsung Engineering Samsung Engineering Samsung Thai Engineering Co., Samsung Thai Engineering Co., Samsung Engineering India Private Ltd. Samsung Saudi Arabia Ltd. Muharraq Holding Company 1 Limited Muharraq Holding Company 2 Limited Samsung Engineering America Do S1 Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Cheil Worldwide Hotel Shilla Hotel Shilla Hotel Shilla Hotel Shilla Hotel Shilla Cheil USA Inc. Cheil USA Inc. Cheil USA Inc. Samsung Hospitality America Cheil (Europe) Ltd. Cheil (Europe) Ltd. Cheil (Europe) Ltd. Cheil Germany GmbH Cheil (Thailand) Ltd. Cheil Singapore Pte. Ltd Cheil MEA FZ-LLC Cheil MEA FZ-LLC One Agency FZ LLC One Agency FZ LLC One Agency FZ LLC Samsung Engineering Do Brasil Participacoes Ltda Samsung Engineering Kazakhstan LLP Samsung Chemical (Thailand) CO., Ltd Samsung Engineering (Thailand) Co., Ltd. Samsung Saudi Arabia Ltd. Samsung EPC Company limited Muharraq Holding Company 2 Limited Muharraq STP Company B.S.C. SEA Construction, LLC Samsung Beijing Security Systems Cheil USA Inc. Cheil Central America Cheil Europe Ltd. Cheil Germany GmbH Cheil France SAS Cheil India Private Limited Cheil (Thailand) Ltd. Cheil Singapore Pte. Ltd. Cheil Vietnam Co.Ltd. Cheil China Cheil Hong Kong Limited Cheil MEA FZ-LLC Cheil South Africa Limited Cheil Brasil Communications Ltda. Cheil Communications Mexico Inc. SA de CV Cheil Rus LLC. Cheil Ukraine LLC Samsung Hospitality America New Jersey Int'l M.C.Inc. SAMSUNG HOSPITALITY U.K. Limited Shilla Limited Samsung Shilla Business Service Beijing Co., Ltd. The Barbarian Group, LLC Cheil India Private Limited Cheil Mexico S.A de C.V Samsung Hospitality Europe GmbH CHEIL ITALIA S.R.L. CHEIL SPAIN S.L CHEIL BENELUX B.V. CHEIL AUSTIA GMBH Samsung Heavy Industries (Thailand) Co.Ltd Opentide Greater China Co., Ltd. One Agency FZ LLC One Agency Istanbul Advertisement, Communication &Production LLC One Agency Istanbul Advertisement, Communication &Production LLC One Agency Interior Design LLC One Agency Printing LLC 100 100 40.6 67 5 75 100 88.7 100 100 100 100 100 100 100 100 100 100 90 100 100 100 100 100 98 100 100 100 100 100 100 100 75.6 0 2 100 100 100 100 100 25.5 58.3 70 0 100 100 100 □ Equity Investments in Other Companies As of end-2011, Samsung Electronics’ equity investments in other companies amounted to KRW28,391,100,000,000 and such investments were made for business purpose, etc. (As of December 31, 2011) (K shares, million won, %) Year-beginning balance Company name Date of purchase Purpose Listed Samsung SDI 1977.0 1 Participatio n in manageme nt, etc. 304 Listed SEMCO 1977.0 1 Participatio n in manageme nt, etc. Unlisted Samsung Gwangju Electronics 1990.0 1 Business purpose Listed Samsung Card 1988.1 2 Listed Samsung Techwin 1977.1 2 Unlisted STECO 1995.0 6 Unlisted SEMES 1992.1 2 Unlisted Seoul Commtech 1996.1 2 Unlisted SERI 1991.0 5 Unlisted Samsung SDS 1992.0 7 Unlisted Samsung Lions 1986.0 8 Unlisted SECRON 1993.1 1 Unlisted Samsung Electronics Service Unlisted Account Initial acquisiti on cost Increase/decrease No. of share s Cost for acquisiti on (or disposal) 874,079 0 0 22.8 445,244 0 38,516 94.2 5 682,670 10,000 43,393 35.2 9 336 13,527 Business purpose 24,000 Business purpose Book value 9,283 19.6 8 250 17,693 2,000 Note Available for sale securities Domestic Book value Total asset Net profit 9,283 19.6 8 874,079 7,933,56 7 385,112 0 17,693 22.8 445,244 6,835,95 8 666,716 38,51 6 -682,670 0 0 0 - - 1,455,48 5 0 0 43,393 35.2 9 1,455,48 5 12,514,0 46 1,156,2 17 25.4 6 235,638 0 0 13,527 25.4 6 235,638 2,897,94 3 234,198 2,448 51 32,724 0 0 2,448 51 32,724 91,646 2,836 1,000 1,712 85.6 2 27,968 0 0 1,712 85.6 2 27,968 414,610 62,820 3,800 3,933 35.6 3 56,129 0 0 3,933 35.5 5 56,129 285,218 19,152 320 3,576 29.8 24,942 0 0 3,576 29.8 24,942 131,199 198 6,160 15,656 21.6 7 430,831 0 0 15,656 21.6 7 430,831 3,653,48 3 327,635 240 55 27.5 -102 0 0 55 27.5 -102 57,955 -889 Business purpose 1,000 405 50.6 3 198 220 10,740 625 78.1 3 10,938 75,449 7,875 1998.0 1 Business purpose 30,000 6,000 99.3 3 48,121 0 0 6,000 99.3 3 48,121 214,603 2,246 MEMC Korea 1991.1 2 Business purpose 36,000 3,440 20 35,286 0 0 3,440 20 35,286 219,365 4,426 Unlisted Samsung Corning Precision Materials 1995.0 4 Participatio n in manageme nt, etc. 617 7,512 42.5 4 1,771,20 9 0 0 7,512 42.5 4 1,771,20 9 7,368,36 4 3,400,0 36 Unlisted Living Plaza 2000.1 2 Business purpose 3,100 767 100 117,523 1,000 130,000 1,767 100 247,523 382,012 1,227 Unlisted Samsung Electronics Logitech 1999.0 4 Business purpose 76 1,011 100 46,669 0 0 1,011 100 46,669 190,758 12,605 Unlisted S-LCD Corporation 2004.0 4 Business purpose 1,260,00 0 390,000 50 1,992,11 0 60,00 0 -306,478 330,000 50 1,685,63 2 5,829,14 2 204,567 Capital reduction by cash payment Unlisted Samsung Mobile Display 2009.0 1 Business purpose 200,000 20,000 50 798,160 23,65 0 1,701,60 0 43,650 64.3 6 2,499,76 0 4,337,38 5 295,996 Capital increase Unlisted Samsung LED 2009.0 4 Participatio n in manageme nt, etc. 15,004 2,000 50 180,916 0 0 20,000 50 180,916 1,339,96 7 204,399 Spin-off Unlisted SVIC #4 1999.1 2 Business purpose 150,000 0 65.6 7 24,870 0 -19,701 0 65.6 7 5,169 42,706 1,612 Participatio n in manageme nt, etc. Participatio n in manageme nt, etc. Participatio n in manageme nt, etc. Participatio n in manageme nt, etc. Stak e Financial status Stak e Participatio n in manageme nt, etc. Participatio n in manageme nt, etc. No. of shares Year-end balance No. of shares Merged Capital increase Purchase Capital increase Collection Unlisted SVIC #6 2005.0 7 Business purpose 26,800 1 99 78,224 0 -13,761 1 99 64,463 99,629 -1,508 Collection Unlisted SVIC #7 2005.0 7 Business purpose 15,000 0 99 14,368 0 -9,900 0 99 4,468 12,248 -147 Collection Unlisted SVIC #14 2009.0 5 Business purpose 18,000 1 99 74,753 0 3,762 1 99 78,515 86,096 3,345 Equity investmen t, Collection Unlisted SVIC #21 2011.1 1 Business purpose 19,800 0 0 0 0 19,800 0 99 19,800 - - Unlisted SVIC #21 2011.1 1 Business purpose 19,800 0 0 0 0 19,800 0 99 19,800 - - Unlisted GES 2010.0 7 Business purpose 1,500 20 100 1,500 0 0 20 100 1,500 11,655 1,397 Unlisted World Cyber Games 2003.1 2 Business purpose 1 450 45 0 0 0 450 45 0 1,385 -118 Unlisted Samsung BlueWings 2008.1 2 Business purpose 2,000 400 100 2,000 0 0 400 100 2,000 4,511 -2 Unlisted Prosonic 2011.0 2 Business purpose 45,000 0 0 0 570 43,581 570 100 43,581 24,925 1,911 Unlisted Samsung Medison 2011.0 2 Business purpose 286,384 0 0 0 77,31 9 445,005 77,319 65.7 6 445,005 318,938 32,690 Unlisted Samsung Biologics 2011.0 4 Participatio n in manageme nt, etc. 30,000 0 0 0 1,200 60,000 1,200 40 60,000 - - Unlisted Intellectual Discovery 2011.0 5 5,000 0 0 0 2,000 10,000 2,000 28.1 3 10,000 1,238 -1,551 Listed Samsung Heavy Industries 1977.0 9 125 40,676 17.6 1 1,675,83 6 0 -540,986 40,676 17.6 1 1,134,85 0 17,995,4 80 888,412 Listed Samsung Fine Chemicals 1995.0 5 1,346 2,165 8.39 179,476 0 -47,413 2,165 8.39 132,063 1,271,20 8 85,174 Listed Hotel Shilla 1979.1 2 252 2,005 5.01 55,631 0 21,551 2,005 5.01 77,182 1,173,69 2 49,691 Listed Cheil Worldwide 1988.0 9 185 2,999 2.61 41,532 0 15,294 2,999 2.61 56,826 1,120,21 7 104,992 Listed A-TECH SOLUTION 2009.1 1 Business purpose 26,348 1,592 15.9 2 33,432 0 -15,602 1,592 15.9 2 17,830 160,074 19,079 Listed SFA 2010.0 5 Business purpose 38,262 1,822 10 89,278 0 21,864 1,822 10 111,142 629,623 39,353 Listed iMarket Korea 2000.1 2 Business purpose 1,900 3,800 10.5 7 103,360 3,153 -92,873 647 1.8 10,487 347,396 21,105 Listed KT Skylife 2001.1 2 Business purpose 3,344 240 0.61 3,000 0 3,576 240 0.5 6,576 448,079 24,812 Unlisted Samsung Petrochemical 1978.0 1 100 514 12.9 6 58,940 0 32,549 514 12.9 6 91,489 781,538 1,901 Unlisted Samsung General Chemicals 1988.0 7 1,500 1,914 3.91 65,322 0 6,044 1,914 3.91 71,365 1,143,62 3 153,069 Unlisted KihyupTechnol ogy Banking (previously Kihyup Finance) 1995.0 1 Business purpose 5,000 1,000 17.2 4 5,000 0 0 1,000 17.2 4 5,000 62,725 1,088 Unlisted PUSAN NEWPORT 1997.0 9 Business purpose 590 1,135 0.98 5,677 0 0 1,135 0.98 5,677 702,566 -6,818 Unlisted The Korea Economic Daily 1987.0 5 Participatio n in manageme nt, etc. 150 72 0.39 366 0 -1 72 0.39 365 194,709 8,208 Unlisted Brooks Automation Asia 1999.0 6 Business purpose 1,097 219 19 368 0 0 219 19 368 4,881 184 Unlisted Samsung Venture Investment Corporation 1999.1 1 Business purpose 4,900 980 16.3 3 5,223 0 612 980 16.3 3 5,835 48,207 2,524 Unlisted Cyber Bank 2000.1 2 Business purpose 8,000 1,083 7.46 0 0 0 1,083 7.46 0 0 0 Unlisted Fine Chips 2001.1 2 Business purpose Participatio n in manageme nt, etc. Participatio n in manageme nt, etc. Participatio n in manageme nt, etc. Participatio n in manageme nt, etc. Participatio n in manageme nt, etc. Participatio n in manageme nt, etc. Participatio n in manageme nt, etc. 10 2 4.76 10 0 0 2 4.76 10 2,327 -52 Equity investmen t Equity investmen t Equity investmen t Equity investmen t Equity investmen t Rights offering Equity investment Disposal Available for sale securities Overseas Unlisted SK Telink 2010.1 1 Business purpose 4,357 14 1.13 4,357 0 0 14 1.13 4,357 382,291 40,565 Unlisted Etronics 2006.1 1 Business purpose 130 0 0 0 0 0 0 0 0 155,468 -7,630 Unlisted Yongpyong Resort 2007.0 5 Business purpose 1,869 400 1.05 1,869 0 0 400 1.05 1,869 837,343 -5,839 Unlisted Trigem Computer 2007.1 2 Business purpose 0 1 0 0 -1 0 0 0.01 0 266,555 6,514 Unlisted iCube Investment Union #1 2009.1 2 Business purpose 4,000 0 16.2 3 4,000 0 0 0 16.2 3 4,000 23,996 -481 Unlisted KT WiBro Infra (previously WIC) 2010.0 7 Business purpose 60,000 600 18.4 6 60,000 0 0 600 24.2 60,000 338,491 1,753 Unlisted Shinsung 2010.0 7 Business purpose 1 1 0.01 0 0 0 1 0.01 0 207,461 9,585 Unlisted JNT (semiconductor fund) 2011.0 2 Business purpose 1,800 0 0 0 0 1,800 0 24 1,800 4,968 -33 Equity investmen t Unlisted SV (semiconductor fund) 2011.0 2 Business purpose 1,850 0 0 0 0 2,035 0 14.2 3 2,035 6,183 -238 Equity investmen t Unlisted Seoul Investment Partners 2011.1 Business purpose 1,550 0 0 0 0 1,550 0 19.4 1,550 - - Equity investmen t Unlisted Daishin-Aju IB (Semiconductor fund) 2011.0 8 Business purpose 258 0 0 0 0 258 0 3 258 - - Equity investmen t Unlisted SL (semiconductor fund) 2011.1 2 Business purpose 680 0 0 0 0 680 0 6.8 680 - - Equity investmen t Unlisted TS (semiconductor fund) 2011.1 1 Business purpose 1,700 0 0 0 0 1,700 0 19.9 1,700 - - Equity investmen t Unlisted IMM (semiconductor fund) 2011.1 1 Business purpose 760 0 0 0 0 760 0 7.6 760 - - Equity investmen t Unlisted Hi Pioneer Investment Trust #1 2011.0 9 Business purpose 29,244 0 0 0 0 29,244 0 100 29,244 - - Equity investmen t Unlisted SECA 1992.0 8 Establishm ent of overseas foothold 3,823 0 100 90,922 0 0 0 100 90,922 289,651 15,339 Unlisted SEA 1978.0 7 Establishm ent of overseas foothold 59,362 487 100 3,741,02 2 5 871,301 492 100 4,612,32 3 6,814,90 4 81,158 Unlisted SELA 1989.0 4 Establishm ent of overseas foothold 319 40 100 86,962 0 0 40 100 86,962 167,622 -442 Unlisted SEM 1995.0 7 Establishm ent of overseas foothold 3,032 1,770 82.7 3 90,214 0 0 1,770 82.7 3 90,214 998,084 -10,830 Unlisted SEASA 1996.0 6 Establishm ent of overseas foothold 4,696 21,854 98 6,779 0 0 21,854 98 6,779 28,950 523 Unlisted SEDA 1994.0 1 Establishm ent of overseas foothold 13,224 25,623,4 61 72.9 2 312,367 0 186,401 25,623,4 61 72.9 2 498,768 2,209,64 1 183,607 Unlisted SECH 2002.1 2 Establishm ent of overseas foothold 597 0 4.1 597 0 0 0 4.1 597 213,467 -3 Unlisted CMLA LLC 2008.0 2 Business purpose 654 0 25 4,115 0 0 0 25 4,115 15,099 1,652 Unlisted SESA 1989.0 1 Establishm ent of overseas foothold 3,276 8,021 100 142,091 0 0 8,021 100 142,091 711,986 19,285 Unlisted SENA 1992.0 3 Establishm ent of overseas foothold 392 1,000 100 69,372 0 0 1,000 100 69,372 325,310 18,495 Capital reduction Capital increase Capital increase Unlisted SEH 1991.0 5 Establishm ent of overseas foothold 1,954 753 100 650,157 0 0 753 100 650,157 1,509,97 1 31,051 Unlisted SEP 1982.0 9 Establishm ent of overseas foothold 204 1,751 100 37,616 0 0 1,751 100 37,616 154,398 2,775 Unlisted SEF 1991.0 8 Establishm ent of overseas foothold 230 2,700 100 234,115 0 0 2,700 100 234,115 1,126,08 6 58,032 Unlisted SEUK 1995.0 7 Establishm ent of overseas foothold 33,908 109,546 100 433,202 0 0 109,546 100 433,202 1,061,59 8 24,688 Unlisted SEHG 1982.0 2 Establishm ent of overseas foothold 28,042 0 100 354,846 0 0 0 100 354,846 704,367 58,238 Unlisted SEAG 2002.0 1 Establishm ent of overseas foothold 40 0 100 32,162 0 0 0 100 32,162 236,413 11,665 Unlisted SEI 1993.0 5 Establishm ent of overseas foothold 862 677 100 143,181 0 0 677 100 143,181 879,776 34,188 Unlisted SEBN 1995.0 7 Establishm ent of overseas foothold 236 309,910 100 578,837 27,53 4 41,622 337,444 100 620,459 730,016 18,911 Unlisted SELS 1991.0 5 Establishm ent of overseas foothold 18,314 1,306 100 24,288 0 0 1,306 100 24,288 1,045,82 6 9,704 Unlisted SEPOL 1996.0 4 Establishm ent of overseas foothold 5,462 106 100 78,267 0 0 106 100 78,267 381,350 16,697 Unlisted SSA 1998.1 2 Establishm ent of overseas foothold 263 2,000 100 32,622 0 0 2,000 100 32,622 437,583 618 Unlisted SESK 2002.0 6 Establishm ent of overseas foothold 8,976 0 55.6 9 263,767 0 0 0 55.6 9 263,767 1,428,84 7 183,219 Unlisted SEEH 2008.0 1 Establishm ent of overseas foothold 4,214 0 100 173,720 0 34,713 0 100 208,433 589,734 41 Unlisted SELSK 2007.0 3 Establishm ent of overseas foothold 28,244 0 0.01 11 0 0 0 0.01 11 351,417 24,090 Unlisted SEO 1997.0 1 Establishm ent of overseas foothold 120 0 100 -10,043 0 0 0 100 -10,043 203,888 -170 Unlisted SRSC 1997.1 1 Establishm ent of overseas foothold 707 0 100 8,211 0 0 0 100 8,211 29,864 3,997 2006.0 1 Establishm ent of overseas foothold 24,877 0 100 180,079 0 0 0 100 180,079 1,534,02 9 82,954 Unlisted SERC Unlisted SERK 2007.0 7 Establishm ent of overseas foothold 4,600 0 100 204,555 0 0 0 100 204,555 868,331 201,066 Unlisted SEAU 1987.1 1 Establishm ent of overseas foothold 392 53,200 100 111,964 0 0 53,200 100 111,964 479,580 28,711 Unlisted SEMA 1989.0 9 Establishm ent of overseas foothold 4,378 16,247 100 153,602 0 0 16,247 100 153,602 243,085 5,616 Unlisted SGE 1995.0 5 Establishm ent of overseas foothold 827 0 100 32,798 0 0 0 100 32,798 196,587 -3,512 Unlisted SEIN 1991.0 8 Establishm ent of overseas foothold 7,463 46 99.9 9 118,909 0 0 46 99.9 9 118,909 482,932 9,395 Unlisted SDMA 1995.0 3 Establishm ent of overseas foothold 21,876 71,400 75 244,382 0 0 71,400 75 244,382 814,898 85,082 Capital increase Capital increase Unlisted SIEL 1995.0 8 Establishm ent of overseas foothold 5,414 216,787 100 75,263 0 0 216,787 100 75,263 959,651 8,438 Unlisted SAPL 1990.1 2 Establishm ent of overseas foothold 364 42,911 70 301,166 0 0 42,911 70 301,166 936,784 3,862 Unlisted SAVINA 1995.0 1 Establishm ent of overseas foothold 5,839 0 80 23,428 0 0 0 80 23,428 121,072 10,847 1988.0 1 Establishm ent of overseas foothold 1,390 11,020 91.8 3 279,163 0 0 11,020 91.8 3 279,163 923,598 174,463 Unlisted TSE Unlisted STE 1996.0 1 Establishm ent of overseas foothold 4,206 0 49 4,474 0 0 0 49 4,474 49,379 291 Unlisted SEPHIL 2001.0 3 Establishm ent of overseas foothold 12,934 9,876 100 78,919 0 0 9,876 100 78,919 344,031 60,279 Unlisted SISO 2005.0 5 Establishm ent of overseas foothold 7,358 17 100 31,787 0 0 17 100 31,787 89,947 9,299 Unlisted SME 2003.0 5 Establishm ent of overseas foothold 4,796 17,100 100 7,644 0 0 17,100 100 7,644 489,344 2,808 Unlisted SEAH 2006.0 7 Establishm ent of overseas foothold 793 652,281 100 534,402 71,11 4 11,223 723,395 100 545,625 672,761 -6,943 Unlisted SEHK 1988.0 9 Establishm ent of overseas foothold 349 274,250 100 79,033 0 0 274,250 100 79,033 947,935 11,589 Unlisted SET 1994.1 1 Establishm ent of overseas foothold 456 27,270 100 112,949 0 0 27,270 100 112,949 1,873,21 1 36,257 Unlisted SESS 1994.1 2 Establishm ent of overseas foothold 18,875 0 100 483,923 0 0 0 100 483,923 618,680 60,792 Unlisted SCIC 1996.0 3 Establishm ent of overseas foothold 23,253 0 100 511,641 0 106,300 0 100 617,941 2,186,63 2 111,573 Unlisted SEHZ 1992.1 2 Establishm ent of overseas foothold 792 0 89.4 6 255,535 0 0 0 89.4 6 255,535 1,597,96 8 208,952 Unlisted SSEC 1995.0 4 Establishm ent of overseas foothold 32,128 0 78.1 9 130,551 0 0 0 78.1 9 130,551 605,353 2,278 Unlisted TSEC 1993.0 4 Establishm ent of overseas foothold 15,064 0 48.1 9 118,127 0 0 0 48.1 9 118,127 713,648 68,589 Unlisted SSDP 1993.0 8 Establishm ent of overseas foothold 4,446 0 90 65,319 0 0 0 90 65,319 577,795 -4,360 Unlisted TSTC 2001.0 3 Establishm ent of overseas foothold 10,813 0 90 490,041 0 0 0 90 490,041 1,171,84 7 169,499 Unlisted SSTC 2001.1 1 Establishm ent of overseas foothold 15,799 0 100 -1,186 0 0 0 100 -1,186 15,858 -4,360 2002.0 2 Establishm ent of overseas foothold 6,009 0 60 102,196 0 0 0 60 102,196 270,197 25,045 Unlisted SSKMT Unlisted SESL 2002.1 1 Establishm ent of overseas foothold 18,382 0 100 313,397 0 0 0 100 313,397 473,071 33,707 Unlisted SESC 2002.0 9 Establishm ent of overseas foothold 5,471 0 87.6 34,028 0 0 0 87.6 34,028 1,344,18 9 84,268 Unlisted SSS 2001.0 1 Establishm ent of overseas foothold 1,200 0 100 19,189 0 0 0 100 19,189 1,528,25 3 38,112 Capital increase Capital increase Unlisted Unlisted Unlisted SEHF SSCR TSOE 2004.0 4 Establishm ent of overseas foothold 17,204 0 100 85,088 0 0 0 100 85,088 72,556 6,412 2006.0 9 Establishm ent of overseas foothold 3,405 0 100 9,332 0 0 0 100 9,332 12,831 1,155 2010.0 4 Establishm ent of overseas foothold 33,837 167,199 81.9 8 93,154 0 0 167,199 81.9 8 93,154 271,986 52,012 Unlisted SSL 2011.0 7 Establishm ent of overseas foothold 78,968 0 0 0 0 78,968 0 50 78,968 - - Unlisted SJC 1975.1 2 Establishm ent of overseas foothold 273 795 50.9 6 211,370 0 0 795 50.9 6 211,370 2,513,19 0 22,137 Unlisted SYRI 1992.0 8 Establishm ent of overseas foothold 3,120 122 100 92,583 0 -1 122 100 92,582 198,700 1,602 Unlisted TSST Japan 2004.0 3 Establishm ent of overseas foothold 1,639 0 49.0 3 11,137 0 0 0 49.0 3 11,137 379,447 48,564 Unlisted SOG 2010.0 4 Establishm ent of overseas foothold 0 0 100 0 0 0 0 100 0 11,557 -3,420 Unlisted SDIB 1996.0 9 Business purpose 3,110 586 0.08 0 0 0 586 0.08 0 67,630 26,696 Unlisted Semiconductor Portal 2002.1 2 Business purpose 38 0 1.21 10 0 0 0 1.21 10 3,555 2 Unlisted MTLD Top Domain Ltd. 2005.1 2 Business purpose 754 0 0 0 0 0 0 0 0 17,807 -6,107 1,952 116 41.5 563 0 0 116 41.5 563 4,257 374 Equity investmen t Unlisted FTS 2008.1 2 Participatio n in manageme nt, etc. Unlisted PIXTRONICS 2009.1 2 Business purpose 3,534 1,025 3.09 3,535 1,025 -3,535 0 0 0 6,807 -10,751 Unlisted Nanosys,Inc 2010.0 8 Business purpose 4,774 3,493 3.33 4,774 0 0 3,493 3.33 4,774 41,953 -3,722 Unlisted CSOT 2011.0 9 Business purpose 278,130 0 0 0 0 278,130 0 15 278,130 - - Purchase Unlisted ONE BLUE LLC 2011.0 7 Business purpose 1,766 0 0 0 0 1,766 0 16.6 7 1,766 - - Equity Investmen t Listed Rambus 2010.0 1 Business purpose 1,854 9,576 8.3 223,364 4,788 -181,671 4,788 4.35 41,692 755,287 171,879 Disposal Listed INPHI 2005.0 1 Business purpose 4,171 1,171 6.4 26,792 1,171 -26,792 0 0 0 181,036 29,761 Disposal Listed SEAGATE 2011.1 2 Business purpose 788,454 0 0 0 45,23 9 855,665 45,239 9.73 855,665 9,392,50 8 1,861,0 02 Acquisitio n Total 4,123,47 8 25,282,5 70 3,108,51 0 Disposal 28,391,0 80 ※ The cost for acquisition (or disposal) includes increases or decreases in the cost that do not accompany money transactions such as fair value measurement and impairment measurement. IV. Management and Employees □ Employees (As of December 31, 2011) Business division /gender Finished products Components Others Total Male Female No. of employees Regular Contract- Others based Total 43,344 1,052 - 44,396 53,114 285 - 53,399 3,895 280 - 4,175 100,353 1,617 - 101,970 69,011 1,147 - 31,342 470 - (Person, year, million won) Average Total Average Note length of wage wage service per capita 8.2 7,900,743 77.6 70,158 9.3 6,194,561 88.6 31,812 6.0 1,706,182 53.5 ※ The number of employees on a parent-company basis. Three executive directors excluded. ※ Total wage excludes provisioning for labor cost and includes incentives, severance pay, etc. □ Remuneration for the Management < Remuneration approved at shareholders’ meeting > No. of persons Executive directors Independent directors 3 4 (100 million won) Amount approved at shareholders’ meeting 370