Hyundai 2001 Annual Report Download - page 39

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For the years ended december 31, 2001 and 2000
Unappropriated retained earnings
Beginning of year
Beginning balance adjustments:
Retirement of treasury stocks (Note 13)
Cumulative effect from change of accounting
policy (Note 2)
Adjustments in investment securities using the
equity method
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
2000
$148
-
-
(21,576)
(21,428)
503,635
482,207
12,518
89,586
124,425
124,717
351,246
$ 130,961
2001
$130,961
(127,211)
(16,367)
(25,511)
(38,128)
878,817
840,689
16,590
120,655
541,060
162,239
840,544
$ 145
2000
"196
-
-
(28,613)
(28,417)
667,871
639,454
16,600
118,800
165,000
165,387
465,787
"
"173,667
2001
"173,667
(168,694)
(21,704)
(33,831)
(50,562)
1,165,399
1,114,837
22,000
160,000
717,500
215,145
1,114,645
"
"192
Translation into
U. S. dollars (Note 2)
(in thousands)
Korean won
(in millions)
N
ON
-C
ONSOLIDATED
S
TATEMENTS OF
A
PPROPRIATIONS OF
R
ETAINED
E
ARNINGS
The accompanying notes are an integral part of these statements.
39
2001 Annual ReportHyundai Motor Company