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HYUNDAI MOTOR COMPANY
>>
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2009 AND 2008
HYUNDAI MOTOR COMPANY
>>
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2009 AND 2008
HYUNDAI MOTOR COMPANY I 2010 ANNUAL REPORT I 77HYUNDAI MOTOR COMPANY I 2010 ANNUAL REPORT I 76
Subsidiaries
Nature of
business
Korean Won
(*1)
in millions
U.S. Dollars
(Note 2)
in thousands Shares (*2)
Percentage
ownership (*2)
Indirect
ownership (*2)
Hyundai Motor Europe Technical Center
GmbH (HMETC) R&D ￦ 72,447 $ 62,048 5,897,268,721 100.00%
Hyundai Motor Europe GmbH (HME) Sales 41,689 35,705 - 100.00%
Hyundai Motor Poland Sp.zo.O (HMP) ”40,776 34,923 172,862 100.00%
Hyundai America Technical Center Inc.
(HATCI) R&D 37,782 32,359 1,000 100.00%
Hyundai Motor Company Italy (HMCI) Sales 30,633 26,236 - 100.00%
Hyundai Auto Czech s.r.o. (HMCZ) ”29,007 24,843 - 100.00%
Hyundai Motor (UK) Ltd. (HMUK) ”14,444 12,371 25,600,000 100.00%
Hyundai Motor Japan Co. (HMJ) ”(20,697) (17,726) 204,800 100.00%
Beijing Jingxian Motor Safeguard Service
Co., Ltd. (BJMSS) ”8,150 6,980 - 100.00%
Hyundai Motor Norway AS (HMN) ”6,482 5,552 - 100.00%
Hyundai Motor Commonwealth of
Independent States Besloten
Vennootschap (HMCIS B.V)
Managing
subsidiaries (149,309) (127,877) - 80.00%
Hyundai Motor Commonwealth of
Independent States (HMCIS) Sales (149,309) (127,877) - 100.00% HMCIS B.V 100%
Beijing Mobis Transmission Co., Ltd. (BMT) Manufacturing 205,639 176,121 - 68.04%
KIA 24.08% &
HMGC 19.88%
Hyundai Motor Group (China) Ltd. (HMGC) Investment 136,335 116,765 - 80.00% KIA 30%
China Millenium Corporations (CMEs)
Real estate
development 53,107 45,484 - 89.90% KIA 30.3%
Beijing Hines Millennium Real Estate
Development ”53,107 45,484 - 99.00% CMEs 99.00%
Kia Motors Europe GmbH (KME) Sales 848,756 726,924 - 100.00% KIA 100%
Kia Motors Sales Slovensko s.r.o. (KMSS) ”18,107 15,508 - 100.00% KME 100%
Kia Motors Czech s.r.o. (KMCZ) ”12,937 11,080 106,870,000 100.00% KME 100%
Kia Motors Austria GmbH (KMAS) ”(32,128) (27,516) 2,107,512 100.00% KME 100%
Kia Motors Hungary Kft (KMH) ”(8,077) (6,918) 30,000,000 100.00% KMAS 100%
Kia Motors Sweden AB (KMSW) ”(35,097) (30,059) 4,400,000 100.00% KME 100%
Kia Motors (UK) Ltd. (KMUK) ”(38,863) (33,285) 17,000,000 100.00% KME 100%
Kia Motors Russian (KMR) ”(50,643) (43,374) - 100.00% KME 100%
Kia Motors Belgium (KMB) ”(91,817) (78,637) 1,000,000 100.00% KME 100%
Kia Automobiles France (KMF) ”(188,982) (161,855) 5,000,000 100.00% KME 100%
Kia Motors Iberia (KMIB) ”(250,171) (214,261) 31,600,000 100.00% KME 100%
Kia Motors Slovakia s.r.o. (KMS) Manufacturing 787,518 674,476 - 100.00% KIA 100%
Dong Feng Yueda Kia Motor Co., Ltd. (DYK) ”613,757 525,657 - 50.00% KIA 50%
Kia Motors America Inc. (KMA) Sales 233,414 199,909 1,000,000 100.00% KIA 100%
Shareholders’ equity as of December 31, 2009
Subsidiaries
Nature of
business
Korean Won
(*1)
in millions
U.S. Dollars
(Note 2)
in thousands Shares (*2)
Percentage
ownership (*2)
Indirect
ownership (*2)
Kia Motors Manufacturing Georgia, Inc.
(KMMG) Manufacturing ￦ 521,032 $ 446,242 - 80.00%
KIA 50% &
HMA 30%
Kia Motors Deutschland GmbH (KMD) Sales 115,725 99,114 - 100.00% KIA 100%
Kia Canada, Inc.(KCI) ”(69,139) (59,215) 6,298 100.00%
KIA 82.5% &
KMA 17.5%
Kia Motors Polska Sp.z.o.o. (KMP) ”(27,204) (23,299) 15,637 99.60% KMD 99.6%
Kia Japan Co., Ltd. (KJC) ”29,105 24,927 267,800 100.00% KIA 100%
Kia Motors Australia Pty. Ltd (KMAU) ”(24,996) (21,408) - 100.00% KIA 100%
Kia Motors New Zealand Ltd. (KMNZ) ”(12,305) (10,539) - 100.00% KMAU 100%
Hyundia WIA Automotive Engine
(Shandong) Company (WAE) Manufacturing 248,859 213,137 - 70.00%
KIA 18% &
Hyundai WIA30%
Hyundai WIA Automotive Parts (WAP) ”80,372 68,835 - 100.00%
Hyundai WIA 100%
Hyundai WIA Motor Dies (Shandong)
Company ”18,845 16,140 - 100.00%
Hyundai WIA 40%
& WAP 60%
Hyundai-Kia Machine Europe GmbH
(HKME) ”14,717 12,604 - 100.00%
Hyundai WIA 100%
Hyundai-Kia Machine America Corp.
(HKMA) ”8,380 7,177 1,000 100.00%
Hyundai WIA
100%
Beijing Hyundai Hysco Steel Process
Co., Ltd. (BHYSCO) ”53,701 45,993 - 100.00%
Hyundai Hysco
100%
Jiangsu Hyundai Hysco Steel Co., Ltd.
(JHYSCO) ”21,383 18,314 - 90.00%
Hyundai Hysco
90%
Hysco Slovakia, s.r.o. (HS) ”19,386 16,603 - 100.00%
Hyundai Hysco
100%
Hysco Steel India, Ltd. (HSI) ”16,514 14,144 270,271 100.00%
Hyundai Hysco
100%
Hysco Czech S.R.O ”12,841 10,998 - 100.00%
Hyundai Hysco
100%
Hyundai Hysco Rus LLC. ”10,989 9,412 - 100.00%
Hyundai Hysco
100%
Hysco America Co. Inc. (HPA) ”10,520 9,010 1,000 100.00%
Hyundai Hysco
100%
Hyundai Hysco USA, Inc. (HACI) ”8,513 7,291 250,000 100.00%
Hyundai Hysco
100%
Dymos Lear Automotive India (DLAI) ”29,601 25,352 5,674,032 65.00% Dymos 65%
Dymos India Automotive Private Limited ”3,605 3,088 - 100.00% DLAI 100%
Dymos Czech Republic s.r.o ”(1,591) (1,363) - 100.00% Dymos 100%
Rotem USA Corporation ”8,619 7,382 700,000 100.00%
Hyundai Rotem
100%
Eurotem DEMIRYOLU ARACLARI SAN.
VE TIC A.S. ”3,794 3,249 - 50.50%
Hyundai Rotem
50.50%
Hyundai Powertech Manufacturing
America (PTA) ”77,788 66,622 - 80.00%
KIA 10%, HPT
40% & HMA 30%
Autoever Systems Europe GmbH (ASE)
Information
technology 3,676 3,148 - 100.00% Autoever 100%
Shareholders’ equity as of December 31, 2009