Samsung 2014 Annual Report Download - page 80

Download and view the complete annual report

Please find page 80 of the 2014 Samsung annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 114

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114

Financial Statements
15. Borrowings
(A) Details of the carrying amounts of borrowings as at December 31, 2014 and 2013, are as follows: (In millions of Korean won)
Financial Institutions Annual Interest Rates (%)
as at December 31, 2014
2014 2013
Short-term borrowings
Collateralized borrowings1 Woori Bank and others 0.6 ~ 11.4 ₩4,661,384 ₩3,256,935
Non-collateralized borrowings Citibank and others 0.4 ~ 10.3 3,367,915 3,181,582
Total ₩8,029,299 ₩6,438,517
Current portion of long-term borrowings
Bank borrowings SMBC and others 0.5 ~ 3.7 ₩1,758,556 ₩1,900,937
Financial lease liabilities2CSSD and others 1.1 ~ 15.7 14,807 19,811
Total ₩1,773,363 ₩1,920,748
Long-term borrowings
Bank borrowings SMBC and others 1.1 ~ 3.5 ₩23,989 ₩902,715
Financial lease liabilities2 CSSD and others 1.1 ~ 15.7 77,682 82,402
Total ₩101,671 ₩985,117
1 Collateralized borrowings are secured by trade receivables (Note 8).
2 Leased property, plant and equipment were pledged as collateral (Note 19).
(B) Maturities of long-term borrowings outstanding as at December 31, 2014, are as follows: (In millions of Korean won)
For the Years Ending December 31 Long-term borrowings
2015 ₩1,773,363
2016 30,952
2017 7,430
2018 7,863
2019 and thereafter 55,426
Total ₩1,875,034