Business Context and Reporting Period
This Form 6-K filing by LG.Philips LCD Co., Ltd. (now LG Display Co., Ltd.) covers the month of October 2005, specifically reporting on capital injection activities dated October 28, 2005. The registrant is a foreign private issuer based in Seoul, Republic of Korea.
Key Financial Metrics
The filing does not provide consolidated revenue, profit, cash flow, margins, debt, or liquidity metrics for the parent company. The document focuses exclusively on specific capital expenditures regarding affiliates:
- Paju Electric Glass Co., Ltd.: Capital injection of KRW 2,800,000,000 (280,000 new shares). Cumulative investment stands at KRW 5,466,680,000. LG.Philips LCD ownership is 40%.
- LG.Philips LCD Nanjing Co., Ltd.: Capital injection of USD 19,000,000. Cumulative investment stands at USD 130,000,000. LG.Philips LCD ownership is 100%.
Material Changes
The material change reported is the execution of capital injections into two affiliates on October 28, 2005. These transactions were executed within limits previously approved by the Board of Directors (BOD) on January 18, 2005, for Paju Electric Glass, and December 16, 2003, for the Nanjing subsidiary.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document is a procedural report of capital deployment.
Investor Verification Checklist
- Verify the current operational status and financial health of Paju Electric Glass Co., Ltd. and LG.Philips LCD Nanjing Co., Ltd.
- Confirm the total cumulative capital deployed in these affiliates against the company's overall cash position in subsequent filings.
- Review the Board of Director resolutions from January 2005 and December 2003 to understand the strategic scope of these investments.