LPL » Topics » 12. Leases

This excerpt taken from the LPL 6-K filed Mar 30, 2007.

12. Leases

The Company entered into various lease agreements for the rental of certain machinery and equipment. The Company accounts for these leases as operating leases, under which lease payments are charged to expense as incurred.

As of December 31, 2006, future lease payments under these operating lease agreements are as follows:

 

(in millions of Korean won)

For the period ending December 31,

   Annual payment

2007

   (Won) 1,549

2008

     1,085

2009

     605

2010

     345

2011

     86
      

Total

   (Won) 3,670
      

 

35


Table of Contents

LG.Philips LCD Co., Ltd. and Subsidiaries

Notes to Consolidated Financial Statements

December 31, 2006 and 2005


 

This excerpt taken from the LPL 6-K filed Feb 20, 2007.

12. Leases

The Company entered into various lease agreements for the rental of certain machinery and equipment. The Company accounts for these leases as operating leases, under which lease payments are charged to expense as incurred.

As of December 31, 2006, future lease payments under these operating lease agreements are as follows:

 

(in millions of Korean won)

For the period ending December 31,

   Annual payment

2007

   (Won) 1,549

2008

     1,085

2009

     605

2010

     345

2011

     86
      

Total

   (Won) 3,670
      

 

37


Table of Contents

LG.Philips LCD Co., Ltd. and Subsidiaries

Notes to Consolidated Financial Statements

December 31, 2006 and 2005

 

This excerpt taken from the LPL 6-K filed Feb 14, 2006.

12. Leases

 

The Company entered into various lease agreements for the rental of certain machinery and equipment. The Company accounts for these leases as operating leases, under which lease payments are charged to expense as incurred.

 

As of December 31, 2005, future lease payments under these operating lease agreements are as follows:

 

(in millions of Korean won)

For the period ending December 31,


   Annual payment

2006

   (Won) 1,564

2007

     516

2008

     195

2009

     45

2010

     17
    

Total

   (Won) 2,337
    

 

29


Table of Contents

LG.Philips LCD Co., Ltd. and Subsidiaries

Notes to Consolidated Financial Statements

December 31, 2005 and 2004

 

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