Hyundai 2007 Annual Report Download - page 109

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107
HYUNDAI MOTOR COMPANY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2007 AND 2006
Korean Won
(In millions)
Translation into
U.S. Dollars (Note 2)
(In thousands)
Companies Related party Sales/ Purchases/ Sales/ Purchases/
revenues expenses revenues expenses
Hyundai Motor Company Hyundai Mobis 467,897 2,703,705 $498,718 $2,881,800
Asset Management Co., Ltd. 352 348,064 375 370,991
Glovis Co., Ltd. 24,522 347,910 26,137 370,827
Beijing-Hyundai Motor Company 566,300 53,998 603,603 57,555
Hyundai Steel Company 1,683 12,039 1,794 12,832
Iljin Bearing Co., Ltd. 12 33,898 13 36,131
Eukor Car Carriers Inc. 1,505 457,403 1,604 487,533
Kia Motors Corporation Hyundai Mobis 41,357 1,850,066 44,081 1,971,931
Asset Management Co., Ltd. 843 74,896 899 79,829
Glovis Co., Ltd. 11,606 190,593 12,370 203,148
Donghui Auto Co., Ltd. 571 85,567 609 91,203
Eukor Car Carriers Inc. - 435,692 - 464,391
26. RELATED PARTY TRANSACTIONS:
(1) In 2007, significant transactions with related parties other than the consolidated subsidiaries are as follows:
Korean Won
(In millions)
Translation into
U.S. Dollars (Note 2)
(In thousands)
Companies Related party Sales/ Purchases/ Sales/ Purchases/
revenues expenses revenues expenses
Hyundai Motor Company Hyundai Mobis 389,543 3,144,665 $415,203 $3,351,807
Asset Management Co., Ltd. 2,005 229,432 2,137 244,545
Glovis Co., Ltd. 89,077 429,515 94,945 457,808
Beijing-Hyundai Motor Company 418,959 41,806 446,556 44,560
Hyundai Steel Company 3,268 1,822 3,483 1,942
Iljin Bearing Co., Ltd. 1 33,597 1 35,810
Eukor Car Carriers Inc. 879 534,026 937 569,203
Kia Motors Corporation Hyundai Mobis 50,271 1,516,019 53,582 1,615,880
Asset Management Co., Ltd. 788 76,821 840 81,881
Glovis Co., Ltd. 84,073 221,446 89,611 236,033
Donghui Auto Co., Ltd. - 88,695 - 94,537
Eukor Car Carriers Inc. 250 370,521 266 394,928
In 2006, significant transactions with related parties other than the consolidated subsidiaries are as follows: