Hyundai 2000 Annual Report Download - page 40

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STATEMENTS OF INCOME
For the years ended december 31, 2000 and 1999
Sales
Cost of sales
Gross profit
Selling and administrative expenses (Note 22)
Operating income
Other expenses, net:
Interest expense, net
Foreign exchange loss (gain), net
Gain on valuation of investments accounted for
using the equity method (Note 4)
Other, net
Ordinary income
Extraordinary items:
Loss on disposal of investments, net (Note 4)
Other extraordinary income (Note 24)
Income before income tax
Income tax expense (Note 18)
Net income
Earnings per common share (Note 2)
Earnings per common share - assuming dilution
(Note 2)
1999
$ 11,307,879
8,873,449
2,434,430
1,175,111
719,319
435,243
(50,652)
(52,779)
(5,638)
326,174
393,145
-
-
-
393,145
64,237
$ 328,908
$ 2.93
$ 2.84
2000
$ 14,472,478
11,295,959
3,176,519
2,133,979
1,042,540
327,878
117,191
(56,105)
(58,016)
330,948
711,592
(131,948)
39,692
(92,256)
619,336
89,153
$ 530,183
$ 2.49
$ 2.46
1999
￦14,244,535
11,177,883
3,066,652
2,160,526
906,126
548,275
(63,806)
(66,486)
(7,102)
410,881
495,245
-
-
-
495,245
80,920
￦
￦414,325
￦
￦3,697
￦
￦3,577
2000
￦18,230,980
14,229,519
4,001,461
2,688,173
1,313,288
413,028
147,626
(70,675)
(73,083)
416,896
896,392
(166,215)
50,000
(116,215)
780,177
112,306
￦
￦667,871
￦
￦3,140
￦
￦3,103
Translation into
U. S. dollars (Note 2)
(in thousands)
Korean won
(in millions)
The accompanying notes are an integral part of these statements.