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105
HYUNDAI MOTOR COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2006 AND 2005
23. INTER-COMPANY TRANSACTIONS:
Significant transactions in 2006 and 2005 between the Company and consolidated subsidiaries are as follows:
Translation into
U.S. Dollars (Note 2)
(In thousands)
Korean Won
(In millions)
Company’s Company’s Company’s Company’s Company’s Company’s Company’s Company’s
income expenses income expenses income expenses income expenses
Kia Motors Corporation 623,330 651,530 654,236 447,228 $670,536 $700,871 $703,782 $481,097
Dymos Inc. 3,888 453,225 7,634 507,485 4,182 487,548 8,212 545,918
Hyundai Capital Service Inc. 475,404 46,701 340,174 37,915 511,407 50,238 365,936 40,786
WIA Corporation 145,944 253,820 163,099 292,699 156,997 273,042 175,451 314,866
KEFICO Corporation 93 293,153 245 293,907 100 315,354 264 316,165
Hyundai Powertech 18,317 150,671 27,025 238,863 19,704 162,082 29,072 256,952
Hyundai Autonet Co., Ltd. 230 142,653 - - 247 153,456 - -
Hyundai HYSCO 1,846 171,530 2,033 160,856 1,986 184,520 2,187 173,038
Autoever Systems Corp. 172 154,967 5,349 124,265 185 166,703 5,754 133,676
Hyundai Card Co., Ltd. 286 70,844 1,707 54,632 308 76,209 1,836 58,769
METIA Co., Ltd. 1,892 30,323 4,640 25,086 2,035 32,619 4,991 26,986
ROTEM 569 43,548 185 43,767 612 46,846 199 47,082
Automobile Industrial Ace
Corporation 42 1,002 - - 45 1,078 - -
Haevichi Resort 53 5,565 - - 57 5,986 - -
Mseat Co., Ltd. - - - 7,737 - - - 8,323
Partecs Co. 1,425 739 - - 1,533 795 - -
Mando Map & Soft Co., Ltd. 1 885 - - 1 952 - -
Hyundai Motor America 2,918,600 - 5,008,656 - 3,139,630 - 5,387,969 -
Hyundai Motor Europe
GmbH 2,650,542 - 2,595,567 - 2,851,272 - 2,792,133 -
Hyundai Assan Otomotive
Sannayi Ve Ticaret A.S. 635,142 - 636,653 - 683,242 - 684,868 -
Hyundai Auto Canada 567,818 - 732,668 - 610,820 - 788,154 -
Hyundai Motor Company
Australia 460,393 - 464,399 - 495,259 - 499,569 -
Hyundai Motor India 516,389 3,781 446,790 13,963 555,496 4,067 480,626 15,020
Hyundai Motor
Manufacturing
Alabama, LLC 265,596 - 88,354 88 285,710 - 95,045 95
Hyundai Motor Poland
Sp.Zo. O 135,275 - 110,950 - 145,520 - 119,352 -
Hyundai Motor Norway 66,037 - - - 71,038 - - -
Hyundai America
Technical Center Inc. 27 60,602 - 49,811 29 65,191 - 53,583
Hyundai Motor Europe
Technical Center GmbH 7,268 28,465 - 22,769 7,818 30,621 - 24,493
Hyundai Motor Hungary 13,541 - - - 14,566 - - -
Hyundai Motor Japan Co. 7,123 - 30,708 - 7,662 - 33,034 -
Hyundai Motor Finance
Company 1,378 - - - 1,482 - - -
2006 2005 2006 2005