Hyundai 2000 Annual Report Download - page 41

Download and view the complete annual report

Please find page 41 of the 2000 Hyundai annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 74

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74

39
2000 Annual Report •Hyundai-Motor Company
STATEMENTS OF APPROPRIATIONS OF RETAINED EARNINGS
For the years ended december 31, 2000 and 1999
The accompanying notes are an integral part of these statements
Unappropriated retained earnings
Beginning of year
Beginning balance adjustments:
Reversal of deferred gain on foreign
currency translation
Reversal of valuation allowance for
Investments
Deferred income tax
Adjustments in investment securities using the
equity method (Note 4)
Adjusted beginning balance of retained
earnings
Net income
Appropriations (Note 15):
Legal reserve
Reserve for business rationalization
Reserve for technology development
Cash dividends (Note 17)
Unappropriated retained earnings, end of year
1999
$ 152
2,597
46
181,385
32,497
216,677
328,908
545,585
11,114
23,815
399,698
110,802
545,429
$ 156
2000
$ 156
-
-
-
(22,713)
(22,557)
530,183
507,626
13,178
94,308
130,984
131,291
369,761
$ 137,865
1999
￦192
3,271
58
228,491
40,936
272,948
414,325
687,273
14,000
30,000
503,500
139,577
687,077
￦
￦196
2000
￦196
-
-
-
(28,613)
(28,417)
667,871
639,454
16,600
118,800
165,000
165,387
465,787
￦
￦173,667
Translation into
U. S. dollars (Note 2)
(in thousands)
Korean won
(in millions)