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51
2000 Annual Report •Hyundai-Motor Company
NOTES TO FINANCIAL STATEMENTS
December 31, 2000 and 1999
Jin Heung Mutual Savings & Finance Co., Ltd.
Comet Savings & Finance Co., Ltd.
Inchon Iron & Steel Co., Ltd.
Hyundai Corporation
Hyundai Information Technology Co., Ltd.
Hyundai Merchant Marine Co., Ltd.
Cho Hung Bank
Hyundai Heavy Industries Co., Ltd.
Treasury Stock Funds
Stock Market Stabilization Fund
Other
Percentage of
Ownership
9.01
9.00
4.70
2.99
2.21
0.55
0.48
0.36
Book value
$ 394
793
18,130
1,434
2,054
1,361
3,488
4,033
11,206
10,985
94
$ 53,972
Book value
￦496
999
22,838
1,807
2,587
1,714
4,394
5,080
14,116
13,838
120
￦
￦67,989
Acquisition costAffiliated Company
￦2,000
2,700
60,425
13,626
10,000
7,329
25,000
4,966
37,793
22,182
1,423
￦
￦187,444
U.S. dollars
(Note 2)
(in thousands)
Korean won
(in millions)
Marketable investment equity securities as of December 31, 2000 consist of the following:
Hyundai Corporation
Cho Hung Bank
Aluminum of Korea Co., Ltd.
Treasury Stock Funds
Stock Market Stabilization Fund
Other
Percentage of
Ownership
6.00
0.48
17.74
Book value
$ 15,442
7,729
24,748
17,557
18,857
334
$ 87,973
Book value
￦19,452
9,736
31,175
22,116
23,754
421
￦
￦110,819
Acquisition costAffiliated Company
￦27,754
25,000
81,555
34,866
24,641
1,235
￦
￦202,380
U.S. dollars
(Note 2)
(in thousands)
Korean won
(in millions)
Marketable investment equity securities as of December 31, 1999 consist of the following:
The acquisition costs of Treasury Stock Funds are presented after the deduction of fair value of treasury stocks included in
those funds. The fair values of such treasury stock as of December 31, 2000 and 1999 amount to ￦11,049 million ($8,771
thousand) and ￦14,119 million ($11,208 thousand), respectively, and are recorded as treasury stock in capital adjustments on
the basis set forth in Note 2.
Marketable investment equity securities are stated at fair value and the differences of ￦119,455 million ($94,828 thousand)
and ￦91,561 million ($72,684 thousand) in 2000 and 1999, respectively between book value and fair value are recorded as
loss on valuation of investments equity securities in capital adjustments.