Samsung 2000 Annual Report Download - page 7

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07
billion won), the Digital Media System Business
Group with 7.1% (525 billion won), and the Home
Appliances Business Group with 2.5% (187 billion
won).
Net income In 2000, net income shot up 90% to
just over 6 trillion won. This produced an equally
remarkable 82% rise in EPS from 19,214 won to
35,006 won. The fact that net income rose nearly
90%—nearly triple the 31% increase in sales—is a
solid indicator that we’ve successfully made the
transition to a profit-driven organizational
structure.
Return on Equity Total shareholders’ equity rose to
16.2 trillion won from 13.3 trillion won in 1999, a
21.5% year-on-year increase. This as well as strong
sales helped ROE jump from 31% year-on-year to
41%, putting us in the same league as the world’s
top corporations.
Debt to Equity For the second straight year, we
took advantage of strong earnings to trim our
overall debt. In 2000, we paid back 1.6 trillion won,
slashing our 5.7 trillion won debt burden by 28% to
4.1 trillion won. This in turn improved our debt to
equity ratio from 85% in 1999 to 66%, laying a
strong foundation for continued profitability.