Hyundai 2010 Annual Report Download - page 48

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￦ $ (Note 2)
Acquisition Net equity Ownership
Afliated company cost value Book value Book value percentage (*2)
South Link9 ￦ 200 ￦ 1,181 ￦ 1,181 $ 1,037 20.00
Rotem Equipments (Beijing) Co., Ltd. (*1) 190 203 203 178 100.00
Hyundai Motor Brasil Montadora de Automoveis LTDA (*1) 137 137 137 120 100.00
EUKOR Shipowning Singapore Pte Ltd. 8 3,475 2,541 2,232 20.00
EUKOR Car Carriers Singapore Pte Ltd. (*3) 5 5 5 4 8.00
Hyundai Rotem Automotive (*1) 3 124 124 109 100.00
￦ 1,486,197 ￦ 4,077,714 ￦ 3,895,695 $ 3,420,577
(*1) These companies are excluded in the consolidation since individual beginning balance of total assets is less than ￦10,000 million (US$8,780 thousand).
(*2) As the Company is under the liquidation procedures, it is excluded from consolidated subsidiaries.
(*3) As the Company is considered to be able to exercise signicant inuence, although the total ownership percentage is less than 20%, the investment is
accounted for using the equity method.
Investment securities accounted for using the equity method as of December 31, 2009 consist of the following:
 ￦ $ (Note 2)
Acquisition Net equity Ownership
Afliated company cost value Book value Book value percentage (*2)
Hyundai Steel Company ￦ 245,153 ￦ 1,374,898 ￦ 1,131,474 $ 993,480 21.39
HMC Investment Securities Co., Ltd. 215,284 171,223 215,294 189,037 29.95
Hyundai MOBIS (*3) 215,012 1,005,725 1,032,144 906,264 16.88
Korea Aerospace Industries, Ltd 159,800 103,310 103,150 90,570 22.23
Eukor Car Carriers Inc. 48,912 117,156 104,887 92,095 20.00
HK Mutual Savings Bank 45,719 23,551 35,799 31,433 20.00
Korea Economy Daily 34,141 31,418 33,818 29,694 24.90
Kia Tigers Co., Ltd. (*1) 20,300 (604) - - 100.00
Donghui Auto Co., Ltd. 10,530 10,803 10,803 9,485 35.10
Hyundai Amco Co., Ltd. (*3) 10,067 81,536 81,536 71,592 19.99
TRW Steering Co., Ltd. 8,952 6,531 6,531 5,734 29.00
WIA-MAGNA Power Train Co., Ltd. 7,500 6,649 6,649 5,838 50.00
Korea Credit Bureau Co., Ltd. (*3) 3,800 2,154 3,191 2,802 7.00
Hyundai Wisco Co., Ltd. 1,736 27,711 26,375 23,158 38.63
Iljin Bearing Co., Ltd. 826 18,201 18,201 15,981 20.00
Daesung Automotive Co., Ltd. 400 13,194 13,194 11,585 20.00
MAINTRANCE (*1) 400 770 770 676 80.00
Beijing-Hyundai Motor Company (BHMC) 417,163 1,007,878 999,693 877,771 50.00
Hyundai Motor Deutschland GmbH (HMDG) 11,528 38,279 37,900 33,278 35.29
KEFICO Vietnam Company Limited (*1) 6,245 5,841 5,841 5,129 100.00
Hyundai Motor Hungary (HMH) (*2) 5,415 - 2,283 2,005 100.00
Autoever Systems America, Inc. (*1) 4,642 4,622 4,622 4,058 100.00
KEFICO Automotive Systems (Beijing) Co., Ltd. (*1) 4,042 5,967 1,573 1,381 100.00
Beijing Lear Dymos Automotive Systems Co., Ltd. 2,662 7,665 7,665 6,730 40.00
Yan Ji Kia Motors A/S (*1) 1,792 1,792 1,792 1,573 100.00
Hyundai Capital Germany GmbH 1,065 1,065 1,065 935 30.01
Hyundai Motor Japan R&D Center Inc. (*1) 1,510 2,945 2,945 2,586 100.00
Autoever Systems China Co., Ltd. (*1) 538 1,040 1,040 913 90.00
Autoever Systems India Pvt. Ltd. (*1) 520 1,269 1,269 1,114 100.00
(continued)
 
[in millions of KRW]Hyundai Motor Company [in thousands of US$] [in millions of KRW]Hyundai Motor Company [in thousands of US$]

December 31, 2010 and 2009