Kia 2000 Annual Report Download - page 16

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2000 1999 2000 1999
Sales
Cost of sales
Gross profit
Selling and administrative expenses
Operating income
Other income, net:
Interest expense
Foreign exchange loss
Reversal of allowance for doubtful accounts
Loss on valuation of marketable securities, net
Loss on valuation of inventories
Gain on valuation of investments securities
accounted for using equity method
Loss on disposal of accounts receivable
Gain(loss) on disposal of marketable securities, net
Loss on impairment of investments
Loss on disposal of property, plant and equipment
Gain on disposal of Parts Sales Division
Other
Ordinary income
Extraordinary items:
Gain on forgiveness of debt
Reversal of allowance for doubtful accounts
Amortization of cost in excess of
net tangible assets acquired
Income before income tax
Income tax expense
Net income
Ordinary income per common share
Earnings per common share
10,806,045 7,930,638 8,578,269 6,295,656
8,926,092 6,742,758 7,085,887 5,352,670
1,879,953 1,187,880 1,492,382 942,986
1,526,826 1,139,033 1,212,056 904,209
353,127 48,847 280,326 38,777
(98,623) (56,590) (78,291) (44,923)
(18,468) (62,094) (14,661) (49,293)
171,684 475,703 136,290 377,632
(89,546) (16,545) (71,085) (13,134)
(3,706) (15,849) (2,942) (12,582)
25,765 384 20,453 305
(53,822) (31,162) (42,726) (24,738)
(11,057) 123 (8,777) 98
(11,901) -(9,447) -
(27,369) (88,950) (21,727) (70,612)
45,300 -35,961 -
88,329 (26,004) 70,119 (20,643)
16,586 179,016 13,167 142,110
369,713 227,863 293,493 180,887
-45,789 -36,349
-109,662 -87,054
- (200,874) - (159,462)
- (45,423) - (36,059)
369,713 182,440 293,493 144,828
39,009 46,695 30,967 37,068
330,704 135,745 262,526 107,760
743 781 0.59 0.62
743 493 0.59 0.39
2000 KIA MO TO RS
AN N UAL REPORT / 29-30
Financial Statements
STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999
2000 1999 2000 1999
(1,044,503) (2,798,895) (829,168) (2,221,874)
-552,658 -438,722
-416 -330
-(1,451) -(1,152)
(70,088) 9,375 (55,639) 7,442
(1,114,591) (2,237,897) (884,807) (1,776,532)
- 1,047,040 -831,182
330,704 135,745 262,526 107,760
(783,887) (1,055,112) (622,281) (837,590)
- 10,609 - 8,422
(783,887) (1,044,503) (622,281) (829,168)
STATEMENTS OF DISPOSITION OF ACCUMULATED DEFICIT
FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999
Accumulated deficit before disposition:
Undisposed accumulated deficit, beginning of year
Beginning balance adjustments:
Cumulative effects of accounting change
Gain on prior period error correction
Loss on prior period error correction
Adjustments in investment securities using the
equity method
Adjusted beginning balance of deficit
Appraisal gain
Net income
Disposition
Transfer from other capital surplus
Undisposed accumulated deficit, end of year
Korean won (In millions) Translation into U.S. dollars (In thousands) Korean won (In millions) Translation into U.S. dollars (In thousands)