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The statement of financial position provides creditors, investors, and analysts with information on company's resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company's assets as well as an indication of cash flows that may come from receivables and inventories.
Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.
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POSCO, Consolidated Statement of Financial Position, Assets
USD $ in millions, translated from KRW ₩
| Dec 31, 2011 | Dec 31, 2010 | ||
|---|---|---|---|
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Cash and cash equivalents | |
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Trade accounts and notes receivable, net | |
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Other short-term financial assets | |
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Inventories | |
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Current income tax assets | |
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Assets held for sale | |
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Advance payment | |
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Prepaid expenses | |
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Others | |
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Other current assets | |
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Current assets | |
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Long-term trade accounts and notes receivable, net | |
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Other long-term financial assets | |
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Investments in associates | |
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Investment property, net | |
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Property, plant and equipment, net | |
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Intangible assets, net | |
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Deferred tax assets | |
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Long-term advance payment | |
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Long-term prepaid expenses | |
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Others | |
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Other long-term assets | |
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Non-current assets | |
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Total assets | |
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May 19, 2012