The actual financial statements of Samsung, as presented in the company’s 2010 Annual Report, are contained in Appendix A (at the back of the textbook). The complete annual report, including the notes to the financial statements, is available in the Investor Relations section of the company’s website, www.samsung.com.

Instructions
Refer to Samsung’s financial statements and answer the following questions. (Use amounts as reported in Korean won.)
(a) What were Samsung’s total assets at December 31, 2010? At December 31, 2009?
(b) How much cash (and cash equivalents) did Samsung have on December 31, 2010?
(c) What amount of accounts (trade and other) payable did Samsung report on December 31, 2010? On December 31, 2009?
(d) What was Samsung’s revenue in 2009? In 2010?
(e) What is the amount of the change in Samsung’s net income from 2009 to 2010? (Hint: Use “Profit for the year”.)