Refer to Samsung's statement of cash flows in Appendix A for the year ended December 31, 2017. Required 1. What amount (in millions of Korean won) did Samsung spend to acquire property, plant, and equipment during 2017? 2. Assume the investment in part 1 is expected to generate annual net cash flows of 7,000,000 (in millions of Korean won) per year for the next 10 years. Compute the net present value of the investment, using a discount rate of 9%. (For all requirements, enter your answers in millions of Korean won.) 1. Acquisition cost Net present value 42,792,234 millions of Korean won millions of Korean won 2. 2017 2016 KRW KRW 42,186,747 36,211,232 (10,620,547) 67,777,432 1,581,117 (542,715) 173,305 (6,827,098) 62,162,041 22,726,092 30,754,471 (1,180,953) 52,299,610 1,405,085 (443,838) 256,851 (6,132,064) 47,385,644 387,627 499,856 (6,780,610) 3,010,003 (2,129,551) 789,862 (1.741,547) 2,010,356 (1,498,148) For the year ended December 31 (In millions of Korean won) Cash flows from operating activities Profit for the period Adjustments Changes in assets and liabilities arising from operating activities Cash generated from operations Interest received Interest paid Dividends received Income tax paid Net cash inflow from operating activities Cash flows from investing activities Net decrease (increase) in short-term financial instruments Disposal of short-term available-for-sale financial assets Acquisition of short-term available-for-sale financial assets Disposal of long-term financial instruments Acquisition of long-term financial instruments Disposal of long-term available-for-sale financial assets Acquisition of long-term available-for-sale financial assets Acquisition of held-to-maturity financial assets Disposal of investment in associates and joint ventures Acquisition of investment in associates and joint ventures Disposal of property, plant and equipment Acquisition of property, plant and equipment Disposal of intangible assets Acquisition of intangible assets Cash outflow from business combinations Cash inflow from business transfers Others Net cash outflow from investing activities Cash flows from financing activities Net increase in short-term borrowings Acquisition of treasury stock Proceeds from long-term borrowings and debentures Repayment of long-term borrowings and debentures Dividends paid Net increase in non-controlling interests Net cash outflow from financing activities Effect of exchange rate changes on cash and cash equivalents Net (decrease) increase in cash and cash equivalents Cash and cash equivalents Beginning of the period End of the period 1,750,221 (1,079,355) 191,826 (358,497) (106,751) 355,926 (25,293) 308,354 (42,792,234) 733 (983,740) (8,754.268) 1,248,834 (28,455) (49,385,216) 2,280,203 (84,306) 270,874 (24,142,973) 6,944 (1,047,668) (622,050) 19,936 (29,658,675) 2,730,676 (8,350,424) 998,311 (1,140,803) (6,804,297) 5,670 (12,560,867) (1,782,270) (1,566,312) 1,351,037 (7,707,938) 1,041,743 (252,846) (3,114,742) 13,232 (8,669,514) 417,243 9,474,698 32,111,442 30,545,130 22,636,744 32,111,442