Samsung 2014 Annual Report Download - page 104

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Financial Statements
34. Related Party Transactions
(A) Sale and purchase transactions
Sales and purchases with related parties for the years ended December 31, 2014 and 2013, are as follows: (In millions of Korean won)
2014 Name of Company1Sales Disposal of
fixed assets
Purchases Purchase of
fixed assets
Associates Samsung SDS ₩29,355 ₩- ₩1,886,282 ₩228,515
Samsung Electro-
Mechanics
28,852 110 2,379,046 -
Samsung Techwin 17,508 - 57,226 78,736
Samsung Card 7,835 - 39,867 170,739
Other 393,679 10,433 5,058,140 352,904
Total (associates)477,229 10,543 9,420,561 830,894
Joint ventures Samsung Corning
Precision Materials2
164 - 67,826 -
Siltronic Samsung Wafer - - 153,610 -
Other 2,599 647 184,430 -
Total (joint ventures)2,763 647 405,866 -
Other related parties Cheil Industries Inc.36,485 - 104,377 524,048
Samsung SDI 64,481 324,246 1,230,004 355,543
Other 229,384 - 1,900,435 117,597
Total
(other related parties)
300,350 324,246 3,234,816 997,188
1 Transactions with separate entities that are related parties of the Group.
2 During the year ended December 31, 2014, the Group sold all of its Samsung Corning Precision Materials shares.
3 During the year ended December 31, 2014, Samsung Everland changed its name to Cheil Industries Inc.
(In millions of Korean won)
2013 Name of Company1Sales Disposal of
fixed assets
Purchases Purchase of
fixed assets
Associates Samsung SDS ₩35,166 ₩130,771 ₩1,673,999 ₩369,395
Samsung Electro-
Mechanics
72,897 192 2,662,680 76
Samsung SNS211,418 - 164,093 3,973
Samsung Techwin 15,582 - 84,074 68,949
Samsung Card 22,468 - 40,787 -
Other 183,209 - 3,971,374 283,829
Total (associates)340,740 130,963 8,597,007 726,222
Joint ventures Samsung Corning
Precision Materials
9,931 - 1,758,317 145,324
Siltronic Samsung Wafer - - 195,795 -
Other 83 - 147 -
Total (joint ventures)10,014 - 1,954,259 145,324
Other related parties Cheil Industries Inc.312,690 - 543,162 487,107
Samsung SDI 52,909 - 667,658 1,258
Other 319,572 - 2,113,771 23,344
Total
(other related parties)
385,171 - 3,324,591 511,709
1 Transactions with separate entities that are related parties of the Group
2 Samsung SNS was acquired by Samsung SDS in 2013, and the above amounts relate to transactions prior to the acquisition.
3 During the year ended December 31, 2014, Samsung Everland changed its name to Cheil Industries Inc.