Hyundai 2001 Annual Report Download - page 54

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December 31, 2001 and 2000
Buildings and structures
Machinery and equipment
Vehicles
Dies and moulds
Tools
Other equipment
Less: Accumulated depreciation
Land
Construction in progress
2001
$ 1,935,068
2,886,450
33,126
1,228,529
377,619
371,837
6,832,629
(2,210,760)
4,621,869
1,328,294
643,596
$ 6,593,759
2000
$ 1,789,257
2,531,753
24,882
1,061,757
320,093
290,732
6,018,474
(1,734,283)
4,284,191
1,306,272
773,145
$ 6,363,608
2000
"2,372,734
3,357,358
32,996
1,407,996
424,475
385,539
7,981,098
(2,299,833)
5,681,265
1,732,247
1,025,268
"
"8,438,780
2001
"2,566,094
3,827,721
43,928
1,629,152
500,761
493,093
9,060,749
(2,931,689)
6,129,060
1,761,451
853,473
"
"8,743,984
U.S. dollars (Note 2)
(in thousands)
Korean won
(in millions)
Cost in excess of fair value of net
identifiable assets acquired
Development costs
Other
2001
$405,349
775,448
23,059
$1,203,856
2000
$428,402
686,650
22,311
$1,137,363
2000
"568,104
910,566
29,587
"
"1,508,257
2001
"537,533
1,028,322
30,578
"
"1,596,433
U.S. dollars (Note 2)
(in thousands)
Korean won
(in millions)
6. Property, Plant and Equipment
Property, plant and equipment as of December 31, 2001 and 2000 consist of the following:
2002
2003
2004
2005
Lease
Payments
"74,763
44,732
9,026
1,567
"
"130,088
Interest
Portion
"3,780
1,433
206
21
"
"5,440
Lease
Obligations
"70,983
43,299
8,820
1,546
"
"124,648
Financing leases
A substantial portion of the Company's property, plant and equipment is pledged as collateral for various loans up to a
maximum of "977,239 million ($736,927 thousand) (see Note 12).
As of December 31, 2001, the published value of the Company-owned land (12,149 thousand square meters) totals
"1,438,066 million ($1,084,433 thousand) in terms of land prices officially announced by the Korean government.
7. Leased Assets
The Company has entered into financing lease agreements for certain machinery and equipment. The lease obligations are
included in long-term debt in the accompanying balance sheets. Annual payments on the lease agreements as of December
31, 2001 are as follows (won in millions):
8. Intangibles
Intangibles as of December 31, 2001 and 2000 consist of the unamortized balances of the following:
N
OTES TO
N
ON
-C
ONSOLIDATED
F
INANCIAL
S
TATEMENTS
56
2001 Annual Report Hyundai Motor Company