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Is it possible to make a Balance sheet with this financial information EXHIBIT 7 Samsung Electronics Corp. Summary Financial Data, 1970-2016 In millions of dollars:

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Is it possible to make a Balance sheet with this financial information

EXHIBIT 7 Samsung Electronics Corp. Summary Financial Data, 1970-2016 In millions of dollars: 1995 2000 2005 2010 2013 2014 2015 Net Sales $20,917 $27,230 $56,720 $135,771 $207,902 $195,883 $203,302 Cost of Sales $12,122 $17,469 $39,642 $90,145 $125,178 SG&A $3,262 $3,856 $9,121 $23,042 $19,372 $22,404 $23,128 R&D Expenses $3,137* $1,596 $5,434 $7,990 $13,018 $13,561 $13,887 Advertising Expenses $3,398 $4,080 $3,557 $3,903 Cost of Sales $121,857 $125,112 As a % of Net Sales 62.2% 61.5% Income before tax $3,884 $6,434 $8,756 $16,971 $33,441 $26,480 $26,304 Net Income $3,237 $4,777 $7,542 $14,177 $27,110 $22,223 $18,942 As a % of net sales 15.5% 17.5% 13.3% 10.4% 13.0% 11.2% 9.3% Total assets $51,595 $21,362 $49,890 $117,911 $194,614 $203,680 $214,072 Labor Costs $3,491 $16,907 $16,682 $18,609 96,898 Employees Employees overseas Exchange Rate 1.035 0.9795 0.9427 1.0132 * Reported as 15% of total sales for 1995 Source: Morningstar.com; Samsung Annual Reports for Samsung financial information). This was at a time when 16 out of the 30 top South Korean companies ceased operating in the wake of the unprecedented crisis. In 2005, Samsung Electronics surpassed Japanese rival, Sony, for the first time to become the world's twentieth most valuable consumer brand, as measured by Interbrand. By 2013, Samsung's brand was valued at $39.6 billion, making it the eighth most valuable global brand. 2 Samsung became the world's largest maker of LCD panels in 2002, the world's largest television manufacturer in 2006, and the world's largest manufacturer of mobile phones in 2012. Samsung has also become a leading producer in a broad array of other products, including tablets, laptops, printers, cameras, and refrigerators. In 2009, Samsung achieved total revenues of US $117.4 billion, overtaking Hewlett-Packard to become the world's largest technology company measured by sales. And that was just the beginning. By 2013 they reached over US $207.9 billion in sales. Almost doubling their record setting sales in just four years and then maintaining that pace year after year. Additionally, in 2013, 26 percent of SEC's employees (approximately 235,868) were made up of R&D personnel." By 2015 SEC had been granted more U.S. patents than any other company - that incudes Google, Apple, Microsoft, and IBM. By December of 2015 SEC had 7,679 U.S. patents. Moreover, SEC set the goal to triple its foreign R&D personnel (reaching 30,000) within the headquarters in Seoul, South Korea by 2022.75 Despite Samsung's success in research, design, and innovation, it continued to stay true to its initial core strength in manufacturing and components. Samsung had long been a major manufacturer of electronic components and continued to be a leader manufacturing lithium-ion batteries, semiconductors, chips, flash memory and hard drive devices for clients such as Apple, Sony, HTC and Nokia. As of 2014, it operated 37 production facilities throughout the world, including Asia, Eastern Europe, the United States, and other regions.76 It continued to look for low-cost production sites, and in 2013, SEC announced that it would invest $2-4 billion to build 40 percent of its smart phones in Vietnam, where wages were one-third of those in China. Of course, as with any business, not everything went as planned. In 2012 a US Court ruled that Samsung had violated six of Apple's patents. Samsung had to pay Apple $1.05 billion in damages." Even worse, in August 2016 SEC unveiled their newest, high-end smart phone, the Galaxy Note7, only to discover that there was a defect in the battery that caused some phones to catch fire or even explode. Ultimately SEC had to recall every Galaxy Note7 worldwide and permanently end production of that model

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