Refer to the December 31, 2017, financial statements of Samsung in Appendix A. Does Samsung report its accounts receivable, titled as “Trade receivables,” as a current or non current asset?

Data from Samsung

 

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Samsung Electronics Co., Ltd. and Subsidiaries CONSOLIDATED STATEMENTS OF FINANCIAL POSITION December 31, 2017 December 31, 2016 (In millions of Korean won) Assets KRW KRW Current assets 30,545,130 49,447,696 3,191,375 27,695,995 4,108,961 1,753,673 3,835,219 24.983.355 1,421,060 Cash and cash equivalents Short-term financial instruments Short-term available-for-sale financial assets Trade receivables Non-trade receivables Advance payments Prepaid expenses Inventories 32,111,442 52,432,411 3,638,460 24,279,211 3,521,197 1,439,938 3,502,083 18,353,503 1,315,653 835,806 Other current assets Assets held-for-sale Total current assets 146,982,464 141,429,704 Non-current assets 7,752,180 106,751 6,802.351 111,665,648 14,760,483 3,434.375 Long-term available-for-sale financial assets Held-to-maturity financial assets Investment in associates and joint ventures Property, plant and equipment Intangible assets Long-term prepaid expenses Net defined benefit assets 6,804,276 5,837,884 91,473,041 5,344,020 3,834,831 557,091 5,321,450 1,572,027 825,892 5,061,687 4,360,259 301,752,090 Deferred income tax assets Other non-current assets Total assets 262,174,324 Liabilities and Equity Current liabilities Trade payables Short-term borrow ings Other payables Advances received 9,083,907 15,767,619 13,899,633 1,249,174 793,582 6,485,039 12,746,789 11,525,910 1,358,878 685,028 12,527,300 2,837,353 1,232,817 4,597,417 351,176 356,388 54,704,095 Withholdings Accrued expenses Income tax payable Current portion of long-term liabilities Provisions 13,996,273 7,408,348 278,619 4,294,820 403,139 Other current liabilities Liabilities held-for-sake Total current liabilities 67,175,1 14 Non-current liablities Debentures 58,542 1,244,238 3,317,054 173,656 7,293,514 358,126 2,062,066 69,211,291 953,361 1,814,446 2,043,729 389,922 Long-term borrowings Long-term other payables Net defined benefit liabilities 11,710,781 464324 2,708,985 87,260,662 Deferred income tax liabilities Provisions Other non-current liabilities Total liabilities Equity attribut able to owners of the parent Prekrence shares Ordinary shares Share premium Retained earnings Other components of equity Accumulated other comprehensive income attributable to assets held for-sale 119,467 778,047 4,403,893 215,811,200 (13,899,191) 119,467 778,047 4,403,893 193,086,317 (11,934,586) (28,810) 207,213416 186,424,328 Non-controlling interests Total equity Total linbilities and equity 7,278,012 214,491,428 6,538,705 192.963,033 301.752,090 262,174,324 The above consolidated statement of financial position should be read in conjunction with the accompanying notes. ||||| Samsung Electronics Co., Ltd. and Subsidiaries CONSOLIDATED STATEMENTS OF PROFIT OR LOSS For the year ended December 31 (In millions of Korean won) 2017 2016 KRW KRW Revenue 239,575,376 201,866,745 Cost of sales 129,290,661 120,277,715 81,589 030 52,348,358 29,240672 Gross profit Selling and administrative ex penses Operating profit Other non-operating income Other non-operating expense Share of profit of associates and joint ventures 110,284,715 56,639,677 53,645,038 3,010,657 3,238,261 1,419,648 2,463,814 201,442 19,501 Financial income 9,737,391 11,385,645 Financial expense Profit before income tax Income tax expense Profit for the period 8,978,913 56,195,967 10,706,613 30,713652 14,009,220 42,186,747 7,987,560 22,726,092 Profit attributable to owners of the parent 41,344,569 22,415,655 Profit attributable to non-controlling interests 842,178 310,437 Earnings per share --Basic 299,868 157,967 -Diluted 299,868 157,967 The above consolidated statement of financial position should be read in conjunction with the accompanying notes. Samsung Electronies Co., Ltd. and Subsidiaries CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME For the year ended December 31 (In millions of Korean won) 2017 KRW 2016 KRW Profit for the period 42,186,747 22,726,092 Other comprehensive income (loss) Items not to be reclassified to profit or loss subsequently: Remeasurement of net defined benefit liabilities, net of tax 414,247 963,602 Shares of other comprehensive income (loss) of associates and joint ventures, net of tax Items to be reclassified to profit or loss subsequently: (6,347) 50,438 511,207 (23,839) Changes in value of available-for-sale financial assets, net of tax Share of other comprehensive income (loss) of associates and joint ventures, net of tax Foreign currency translation, net of tax Gain (loss) on valuation of derivatives Other comprehensive income (loss) for the period, net of tax Total comprehensive income for the period (49,256) (6,334,987) (130,337) 1,131,536 (37,121) (5,502,257) 36,684,490 1,991,400 24,717,492 Comprehensive income attributable to: Owners of the parent 35,887,505 24,310,814 Non-controlling interests 796,985 406,678 The above consolidated statement of financial position should be read in conjunction with the accompanying notes.