Kia 2001 Annual Report Download - page 22
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2001 2000 2001 2000
Cash flows from operating activities:
Net income
Adjustments to reconcile net income to net cash provided
by operating activities:
Depreciation and amortization
Provision for doubtful accounts
Provision for severance benefits
Provision for warranties
Reversal of allowance for doubtful accounts
Loss on foreign currency translation, net
Loss on valuation of marketable securities, net
Loss on valuation of inventories
Gain on valuation of investments accounted
for using equity method, net
Loss (gain) on disposal of marketable securities, net
Loss on impairment of investments
Loss on disposal of property, plant and equipment, net
Gain on disposal of Parts Sales Division
Amortization of present value discount
Other extraordinary income
Write-off of receivables
Changes in operating assets and liabilities:
Increase in trade notes and accounts receivable
Decrease in long-term notes and accounts receivable
Increase (Decrease) in inventories
Increase (Decrease) in advances and other receivables
Decrease (Increase) in other current assets
Decrease in deferred income tax assets
Increase (Decrease) in trade notes and accounts payable
Increase in accounts payable-other
Decrease in other current liabilities
Decrease in derivative instruments credit
Payment of warranties
Payment of severance benefits
Other
Cash flows from investing activities:
Cash inflows from investing activities:
Proceeds from disposal of marketable securities
Proceeds from disposal of investments
552,235 330,704 $ 416,435 $ 249,381
452,117 418,229 340,937 315,383
168,676 - 127,197 -
180,715 219,718 136,276 165,687
462,202 249,039 348,542 187,798
- (171,684) - (129,465)
3,702 16,030 2,792 12,088
- 89,546 - 67,526
10,432 3,706 7,867 2,795
(11,996) (25,765) (9,046) (19,429)
(20,143) 11,057 (15,190) 8,338
- 11,901 - 8,974
6,848 27,369 5,164 20,639
- (45,300) - (34,160)
(16,629) (24,845) (12,540) (18,735)
(197,301) - (148,783) -
- (76,788) - (57,905)
(10,053) (33,284) (7,581) (25,099)
6,084 56,637 4,588 42,709
215,397 (124,561) 162,429 (93,930)
51,234 (234,421) 38,635 (176,775)
53,891 (119,831) 40,639 (90,363)
69,218 39,009 52,197 29,416
(441,026) 77,564 (332,574) 58,490
26,958 109,538 20,329 82,602
(35,152) (95,555) (26,508) (72,058)
(39,207) - (29,566) -
(276,707) (210,171) (208,662) (158,488)
(68,529) (85,435) (51,677) (64,426)
19,199 10,306 14,477 7,771
1,162,165 422,713 876,377 318,764
228,858 309,322 172,580 233,257
28,865 3,057 21,767 2,305
Korean won (In millions) Translation into U.S. dollars (Note 2) (in thousands)
Financial Statements & Notes
NON-CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2001 AND 2000
2001 2000 2001 2000
3,047 141,137 2,298 106,430
87,635 133,215 66,085 100,456
- 310,105 - 233,847
325,553 37,520 245,497 28,293
673,958 934,356 508,227 704,588
(34,816) (57,232) (26,254) (43,158)
(322,561) (37,267) (243,240) (28,103)
(280,310) (284,853) (211,379) (214,805)
(215,383) (162,883) (162,418) (122,829)
(543,720) (695,803) (410,014) (524,699)
(112,332) (79,945) (84,709) (60,285)
(1,509,122) (1,317,983) (1,138,014) (993,879)
(835,164) (383,627) (629,787) (289,291)
- 73,841 - 55,683
610,602 191,503 460,449 144,411
22,044 - 16,623 -
6,856 7,128 5,170 5,375
639,502 272,472 482,242 205,469
(20,286) - (15,297) -
(692) (5,849) (522) (4,410)
(380,531) (7,111) (286,955) (5,362)
- (145) - (109)
(343,331) (277,658) (258,903) (209,379)
(2,447) (2,509) (1,846) (1,892)
(747,287) (293,272) (563,522) (221,152)
(107,785) (20,800) (81,281) (15,683)
219,216 18,286 165,309 13,789
31,633 13,347 23,854 10,065
250,849 31,633 189,164 23,854
Korean won (In millions) Translation into U.S. dollars (Note 2) (in thousands)
NON-CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)
FOR THE YEARS ENDED DECEMBER 31, 2001 AND 2000
Reduction in other current assets
Reduction in other assets
Proceeds from disposal of Sales Parts Division
Proceeds from disposal of property, plant
and equipment
Cash outflows from investing activities:
Acquisition of marketable securities
Additions to other current assets
Acquisition of investments
Additions to other assets
Acquisition of property, plant and equipment
Acquisition of intangible assets
Cash flows from financing activities:
Cash inflows from financing activities:
Proceeds from short-term borrowings
Proceeds from long-term debt
Refund of asset revaluation tax
Other
Cash outflows from financing activities:
Repayment of short-term borrowings
Repayment of current maturities
Repayment of long-term debt
Payment of stock issuance costs
Acquisition of treasury stock
Other
Net increase in cash
Cash, beginning of year
Cash, end of year
(continued)
The accompanying notes are an integral part of these statements.