This excerpt taken from the LPL 6-K filed Aug 14, 2006.
9. Deferred income tax assets (liabilities)
Deferred income tax assets (liabilities) as of June 30, 2006 and December 31, 2005, consist of the following :
As the Company anticipates that all tax benefits from the loss carryforwards and tax credits would not be fully realized, a valuation allowance amounting to (Won)107,636 million has been provided as of June 30, 2006.
See Report of Independent Accountants
LG. Philips LCD Co., Ltd.
Notes to Non-Consolidated Financial Statements
June 30, 2006 and 2005, and December 31, 2005