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HYUNDAI MOTOR COMPANY I 2010 ANNUAL REPORT I 103
HYUNDAI MOTOR COMPANY I 2010 ANNUAL REPORT I 102
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
14. SHORT-TERM BORROWINGS:
Short-term borrowings as of December 31, 2009 and 2008 consist of the following:
Description 2009 2009 2008 2009 2008
Trade financing 2.50 ~ 6.13 ￦ 5,237,016 ￦ 7,074,891 $ 4,485,282 $ 6,059,345
General loans 1.65 ~ 9.38 4,128,803 8,441,611 3,536,145 7,229,883
Discount of trade bills 2.84 ~ 8.70 2,706,585 5,159,608 2,318,076 4,418,986
Banker’s Usance 1.77 ~ 5.74 663,066 880,751 567,888 754,326
Overdrafts 2.60 ~ 9.29 213,555 25,355 182,901 21,715
Privately placed bonds - - 45,886 - 39,299
￦ 12,949,025 ￦ 21,628,102 $ 11,090,292 $ 18,523,554
Korean Won in millions U. S. Dollars (Note 2) in thousandsAnnual interest rate (%)
15. LONG-TERM DEBT AND DEBENTURES:
Long-term debt and debentures as of December 31, 2009 and 2008 consist of the following:
Description 2009 2009 2008 2009 2008
Debentures ￦ 21,832,116 ￦ 19,022,847 $ 18,698,284 $ 16,292,264
Won currency loans:
General loans 3.00 ~ 7.86 1,757,944 938,454 1,505,605 803,746
Facility loans 2.00 ~ 7.80 1,111,763 988,234 952,178 846,381
Capital lease 4.87 94,291 185,093 80,756 158,524
Commercial paper 4.88 20,000 20,000 17,129 17,129
Other 1.00 ~ 6.24 122,625 10,455 105,023 8,954
3,106,623 2,142,236 2,660,691 1,834,734
Foreign currency loans:
General loans 1.32 ~ 7.73 6,426,389 6,508,285 5,503,930 5,574,071
Facility loans 1.05 ~ 6.10 1,574,447 843,026 1,348,447 722,016
Capital lease 5.36 80,734 107,072 69,145 91,703
Other 0.92 ~ 3.42 19,163 32,811 16,413 28,101
8,100,733 7,491,194 6,937,935 6,415,891
33,039,472 28,656,277 28,296,910 24,542,889
Less: current maturities 9,789,043 6,418,366 8,383,901 5,497,059
￦ 23,250,429 ￦ 22,237,911 $ 19,913,009 $ 19,045,830
Korean Won in millions U. S. Dollars (Note 2) in thousandsAnnual interest rate (%)
Other financial business liabilities as of December 31, 2009 and 2008 consist of the following:
2009 2008 2009 2008
Call money ￦ - ￦ 100,000 $ - $ 85,646
Other operating accounts payable 199,664 79,233 171,005 67,860
Bonds sold under repurchase agreements - 584,585 - 500,672
￦ 199,664 ￦ 763,818 $ 171,005 $ 654,178
The financial subsidiaries, which are included in the consolidated financial statements, are Hyundai Capital Services Inc., Hyundai Card Co., Ltd., Hyundai Commercial
Inc., HMC Investment Securities Co., Ltd. (excluded in 2009), Hyundai Capital America (HCA) and Hyundai Auto Canada Captive Insurance Incorporation (HACCI) in 2009
and 2008.
Korean Won in millions U. S. Dollars (Note 2) in thousands
13. OTHER FINANCIAL BUSINESS ASSETS AND LIABILITIES:
Other financial business assets as of December 31, 2009 and 2008 consist of the following:
2009 2008 2009 2008
Finance receivables ￦ 15,716,002 ￦ 16,804,583 $ 13,460,091 $ 14,392,414
Lease receivables 2,605,930 2,803,304 2,231,869 2,400,911
Card receivables 6,074,074 3,278,478 5,202,187 2,807,878
Other 1,319,669 1,312,014 1,130,240 1,123,685
￦ 25,715,675 ￦ 24,198,379 $ 22,024,387 $ 20,724,888
Korean Won in millions U. S. Dollars (Note 2) in thousands