Hyundai 2005 Annual Report Download - page 45

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88
HYUNDAI MOTOR COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2005 AND 2004
(5) Debt securities included in held-to-maturity of long-term investment securities as of December 31, 2005 consist of the
following:
Description Acquisition Book value Book value
cost
Government bonds ￦12,545 ￦12,545 $12,384
Corporate bonds 49,200 49,200 48,568
￦61,745 ￦61,745 $60,952
Korean Won
(In millions)
Translation into
U.S. Dollars (Note 2)
(In thousands)
Debt securities included in held-to-maturity of long-term investment securities as of December 31, 2004 consist of the following:
(6) Maturity of debt securities as of December 31, 2005 and 2004 consist of the following:
Description Acquisition Book value Book value
cost
Government bonds ￦12,612 ￦12,612 $12,450
Corporate bonds 689 689 681
￦13,301 ￦13,301 $13,131
Korean Won
(In millions)
Translation into
U.S. Dollars (Note 2)
(In thousands)
2005 2004 2005 2004
Maturity Book value Book value Book value Book value
1 year ~ 5 years ￦1,426,206 ￦1,760,504 $1,407,903 $1,737,911
6 years ~ 10 years 142,206 372,337 140,381 367,559
Over 10 years 500 500 493 493
￦1,568,912 ￦2,133,341 $1,548,777 $2,105,963
Korean Won
(In millions)
Translation into
U.S. Dollars (Note 2)
(In thousands)
87
HYUNDAI MOTOR COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2005 AND 2004
Description Acquisition Book value Book value
cost
Government bonds ￦24,797 ￦28,548 $28,182
Corporate bonds 9,951 10,167 10,037
Asset backed securities 1,469,359 1,468,359 1,449,515
Other 86 93 91
￦1,504,193 ￦1,507,167 $1,487,825
Korean Won
(In millions)
Translation into
U.S. Dollars (Note 2)
(In thousands)
Debt securities, classified into available-for-sale securities, included in long-term investment securities as of December 31, 2004
consist of the following:
Description Acquisition Book value Book value
cost
Government bonds ￦6,046 ￦6,501 $6,418
Corporate bonds 6,085 6,085 6,007
Asset backed securities 2,302,323 2,107,097 2,080,056
Other 1,153 357 352
￦2,315,607 ￦2,120,040 $2,092,833
Korean Won
(In millions)
Translation into
U.S. Dollars (Note 2)
(In thousands)
The Korea Economy Daily Co., Ltd. 168 168 166 0.22
Daewoo Motor Co., Ltd. 2,213 - - 0.02
Pilot beneficiary certificates 10,786 10,786 10,648 -
Machinery Insurance Cooperative 10,501 10,501 10,366 -
Badbank Harmony Co., Ltd. 13,905 - - -
Korea Defense Industry Association 4,890 4,890 4,827 -
Other 5,530 3,011 2,969 -
￦251,013 ￦192,608 $190,136
(*1) 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 (US$6,910 thousand), are not material.
(*2) This investment security was excluded from using the equity method despite its ownership percentage exceeding twenty
percentages, since there is no significant influence on the investee.
(*3) Ownership percentage is calculated by combining the ownership of the Company and its subsidiaries.
(4) Debt securities, classified into available-for-sale securities, included in long-term investment securities as of December 31,
2005 consist of the following:
Companies Acquisition Book value Book value Ownership
cost percentage (*2)
Korean Won
(In millions)
Translation into
U.S. Dollars (Note 2)
(In thousands) (%)