Hyundai 2001 Annual Report Download - page 52

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December 31, 2001 and 2000
Unlisted investment equity securities as of December 31, 2001 consist of the following:
(*) In conformity with Financial Accounting Standards in the Republic of Korea, the equity securities of these affiliates were
excluded from using the equity method since the Company believes the changes in the investment value due to the
changes in the net assets of the investee, whose individual beginning balance of total assets or paid-in capital at the date of
its establishment is less than "7,000 million, are not material.
Hyundai Motor Europe GmbH (*)
Hyundai Jingxian Motor Safeguard Service Co.,Ltd.(*)
NGVTEK.com(*)
Auto-ever.com(*)
Jinil MVC Co., Ltd.
Industry Otomotif Komersial
Hyundai Technology Investment Co., Ltd.
Hyundai Unicorns Co., Ltd.
Hyundai Research Institute
Kihyup Finance
Hyundai Motor Deutschland GmbH
Yonhap Capital Co., Ltd.
KOENTECH(been called as Ulsan Environmental
Development)
Internet Hankyoreh Inc.
Hyundai Oil refinery Co., ltd.
Hyundai Asan Corporation
U.S Electrical Inc.
ROTIS
Alcan Taihan Aluminum Ltd.
I-COM
Other
Book value
$ 4,215
1,523
339
943
136
3,347
3,386
4,370
958
2,262
605
7,541
1,131
3,620
58,921
16,967
1,662
754
14,068
8,144
3,560
$ 138,452
Book value
"5,590
2,019
450
1,250
180
4,439
4,490
5,795
1,271
3,000
802
10,000
1,500
4,800
78,135
22,500
2,204
1,000
18,655
10,800
4,721
"
"183,601
Acquisition costAffiliated Company
"5,590
2,019
450
1,250
180
4,439
4,490
5,795
1,271
3,000
802
10,000
1,500
4,800
78,135
22,500
2,204
1,000
18,655
10,800
4,721
"
"183,601
U.S. dollars
(Note 2)
(in thousands)
Korean won
(in millions) Ownership
Percentage
100.00
84.88
43.90
25.00
18.00
15.00
14.97
14.90
14.90
10.34
10.00
9.99
7.50
7.41
6.33
5.00
3.80
3.76
0.75
0.60
0.00
N
OTES TO
N
ON
-C
ONSOLIDATED
F
INANCIAL
S
TATEMENTS
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, 2001 and 2000 amount to "26,965 million ($20,334
thousand) and "11,049 million ($8,332 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 "44,931 million ($33,884 thousand) in
2001 and "119,455 million ($90,080 thousand) in 2000 between book value and fair value are recorded as loss on valuation
of investment equity securities in capital adjustments.
54
2001 Annual Report Hyundai Motor Company