Hyundai 2005 Annual Report Download - page 33

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64
HYUNDAI MOTOR COMPANY AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (CONTINUED)
FOR THE YEARS ENDED DECEMBER 31, 2005 AND 2004
Korean Won
(In millions)
Translation into
U.S. Dollars (Note 2)
(In thousands)
Capital Capital Retained Capital Minority Total Total
stock surplus earnings adjustments interests amount amount
January 1, 2005 ￦1,480,752 ￦5,162,184 ￦6,328,355 ￦(216,453) ￦4,000,714 ￦16,755,552 $16,540,525
Stock option exercised 2,153 8,209 - - - 10,362 10,229
Disposal of subsidiaries’ stock - 225,459 - - 286,361 511,820 505,252
Increase in subsidiaries’
capital-stock - (417) - - 89,285 88,868 87,728
Effect of changes in
consolidation scope - - - - 314,220 314,220 310,188
Payment of cash dividends
(Note 20) - - (326,833) - (78,051) (404,884) (399,688)
Net income - - 2,323,816 - - 2,323,816 2,293,994
Effect of beginning balance
adjustment in accrued warranties - - 505,626 - - 505,626 499,137
Treasury stock - - - (645,351) - (645,351) (637,069)
Discount on stock issuance - - - 1,556 - 1,556 1,536
Gain on valuation of
available-for-sale securities - - - (84,821) - (84,821) (83,732)
Loss on valuation of
investment equity securities - - - 25,007 - 25,007 24,686
Stock options - - - (4,602) - (4,602) (4,543)
Cumulative translation debits - - - (78,917) - (78,917) (77,904)
Loss on transaction of
derivatives - - - 37,463 - 37,463 36,982
Minority interests - - - - 495,785 495,785 489,423
Others 196,447 (17,210) (390,328) (211,091) (208,384)
December 31, 2005
￦
1,482,905
￦
5,591,882
￦
8,813,754
￦
(966,118)
￦
4,717,986
￦
19,640,409 $19,388,360
See accompanying notes to consolidated financial statements.
63
HYUNDAI MOTOR COMPANY AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2005 AND 2004
Capital Capital Retained Capital Minority Total Total
stock surplus earnings adjustments interests amount amount
January 1, 2004 ￦1,478,603 ￦5,328,775 ￦5,029,254 ￦(113,760) ￦3,383,279 ￦15,106,151 $14,912,291
Additional investment in
subsidiaries-(84,296) - - (42,096) (126,392) (124,770)
Disposal of subsidiaries’ stock 95,489 (13,041) 241,929 324,377 320,214
Extinguishment of treasury
stock by surplus - - (65,092) - (65,092) (64,257)
Increase in subsidiaries’
capital-stock - (60,965) - - 287,517 226,552 223,645
Merger between subsidiaries - (32,409) - - (506) (32,915) (32,493)
Effect of changes in
consolidation scope - - - - 14,942 14,942 14,750
Payment of cash dividends
(Note 20) - - (285,674) - (70,096) (355,770) (351,204)
Net income - - 1,641,941 - - 1,641,941 1,620,871
Treasury stock - - - (5,150) - (5,150) (5,084)
Discount on stock issuance - - - (229) - (229) (226)
Gain on valuation of
available-for-sale securities - - - 124,468 - 124,468 122,871
Loss on valuation of
investment equity securities - - - (72,635) - (72,635) (71,703)
Stock options 2,149 8,197 - 2,919 - 13,265 13,095
Cumulative effect of foreign
currency translation - - - (181,106) - (181,106) (178,782)
Loss on transaction of
derivatives - - - 29,040 - 29,040 28,667
Minority interests - - --156,683 156,683 154,672
Others - (92,607) 20,967 - 29,062 (42,578) (42,032)
December 31, 2004
￦
1,480,752
￦
5,162,184
￦
6,328,355
￦
(216,453)
￦
4,000,714
￦
16,755,552 $16,540,525
(continued)
Korean Won
(In millions)
Translation into
U.S. Dollars (Note 2)
(In thousands)