Hyundai 2008 Annual Report Download - page 33

Download and view the complete annual report

Please find page 33 of the 2008 Hyundai annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 71

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71

HYUNDAI MOTOR COMPANY AND SUBSIDIARIES
>>

HYUNDAI MOTOR COMPANY AND SUBSIDIARIES
>>

HYUNDAI MOTOR COMPANY I 2008 AnnuAl RepoRt I 65HYUNDAI MOTOR COMPANY I 2008 AnnuAl RepoRt I 64
LIABILITIES AND SHAREHOLDERS’ EQUITY 2008 2007 2008 2007
Current liabilities:
Short-term borrowings (Note 14)
￦
21,628,102
￦
16,427,071 $17,199,286 $13,063,277
Current maturities of long-term debt
and debentures (Notes 8 and 15) 6,418,366 4,428,143 5,104,068 3,521,386
Trade notes and accounts payable (Note 25) 8,247,726 6,263,049 6,558,828 4,980,556
Trade notes and accounts payable-other 4,759,792 3,897,252 3,785,123 3,099,206
Accrued warranties (Note 17) 1,392,609 1,340,268 1,107,443 1,065,819
Income tax payable (Note 22) 752,771 807,668 598,625 642,281
Accrued expenses 2,205,681 1,756,883 1,754,021 1,397,124
Derivative liabilities (Note 29) 343,517 389,209 273,175 309,510
Deferred tax liabilities (Note 22) 15,955 18,395 12,687 14,628
Withholdings and other current liabilities 2,333,863 1,675,358 1,855,954 1,332,293
Total current liabilities 48,098,382 37,003,296 38,249,210 29,426,080
Long-term liabilities:
Long-term debt and debentures, net of current
maturities and discount on debentures issued
(Notes 8 and 15) 22,237,911 16,862,777 17,684,223 13,409,763
Accrued severance benefits, net of National Pension
payments for employees of
￦
27,788 million in 2008
and
￦
36,613 million in 2007, and individual severance
insurance deposits of
￦
1,920,288 million in 2008 and
￦
1,851,881 in 2007 (Note 2) 1,119,567 1,000,186 890,312 795,377
Long-term accounts payable 233,763 296,080 185,896 235,451
Derivative liabilities (Note 29) 288,033 83,597 229,052 66,479
Long-term accrued warranties (Note 17) 3,102,194 2,840,580 2,466,953 2,258,911
Provision for other liabilities 488,549 382,811 388,508 304,422
Deferred tax liabilities (Note 22) 438,272 564,016 348,527 448,521
Other long-term liabilities 1,083,397 968,868 861,548 770,472
Total long-term liabilities 28,991,686 22,998,915 23,055,019 18,289,396
Other financial business liabilities (Note 13) 763,818 131,679 607,410 104,715
Total liabilities 77,853,886 60,133,890 61,911,639 47,820,191
LIABILITIES AND SHAREHOLDERS’ EQUITY 2008 2007 2008 2007
Shareholders’ equity:
Capital stock (Note 18)
￦
1,488,993
￦
1,486,980 $1,184,090 $1,182,489
Capital surplus 5,839,874 5,753,003 4,644,035 4,574,953
Capital adjustments (Note 19) (719,235) (718,405) (571,956) (571,296)
Accumulated other comprehensive income (Notes 20 and 21)
618,309 326,725 491,697 259,820
Retained earnings 11,841,859 11,240,361 9,416,985 8,938,657
Minority interests 6,282,097 5,624,972 4,995,703 4,473,139
Total shareholders’ equity 25,351,897 23,713,636 20,160,554 18,857,762
Total liabilities and shareholders’ equity
￦
103,205,783
￦
83,847,526 $82,072,193 $66,677,953
Commitments and contingencies (Note 28)
See accompanying notes to consolidated financial statements.
(Continued)
Korean Won in millions U. S. Dollars (Note 2) in thousands Korean Won in millions U. S. Dollars (Note 2) in thousands