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2002 KIA MO TO RS AN N UAL REPORT
3637
Operational Report
4. ASSETS & BUSINESS PERFORM ANCE FOR PAST 3 YEARS January 1, 2002 ~ December 31, 2002
1. Business Performance
Summarized Income Statement
2. Assets
Summarized Balance Sheet
(millions of Won)
Sales
Cost of sales
Gross profit
Selling &
administrative expenses
Operating income
Non-operating income
Non-operating expenses
Ordinary income
Extraordinary income
Extraordinary losses
Income before income tax
Income tax expense
Net income
14,056,450 12,356,346 10,806,045
11,479,729 9,758,758 8,926,092
2,576,721 2,597,588 1,879,953
1,918,228 2,075,347 1,526,826
658,493 522,241 353,127
542,725 404,375 669,298
399,908 502,465 652,712
801,310 424,151 369,713
197,301
801,310 621,452 369,713
159,931 69,217 39,009
641,379 552,235 330,704
Classification 2002 2001 2000
(millions of Won)
Classification 2002 2001 2000
Assets
I. Current assets
II. Non-current assets
(1) Investment assets
(2) Tangible assets
(3) Intangible assets
Total assets
Liabilities
I. Current liabilities
II. Long-term liabilities
Total liabilities
Shareholders' equity
I. Capital stock
II. Capital surplus
III. Accumulated deficit
IV. Capital adjustments
Total shareholders' equity
Total liabilities and
shareholders' equity
2,921,333 2,419,877 2,542,022
6,191,315 6,018,589 5,627,259
1,724,737 1,538,269 1,018,450
4,166,854 4,303,437 4,518,991
299,724 176,883 89,818
9,112,648 8,438,466 8,169,281
2,679,543 2,540,899 2,601,221
2,339,421 2,504,551 2,506,543
5,018,964 5,045,450 5,107,764
1,848,652 1,847,987 2,247,987
1,699,924 1,699,924 1,920,913
316,427 △324,952 △783,887
228,681 170,057 △323,496
4,093,684 3,393,016 3,061,517
9,112,648 8,438,466 8,169,281
Refer to the CEO's M essage.
5. KEY ISSUES FACING THE COM PANY January 1, 2002 ~ December 31, 2002
6. DIRECTORS & AUDITORS
Standing Chung, M ong-koo Chairman & CEO
" Kim, Noi-myung President & CEO
" Chung, Tae-young Vice President Retired in Feb, 2003
" Koo, Tae-hw an Executive Vice President CFO
Non-standing Kim, Jong-chang Outside Director Tax accountant
" Chung, Jong-am Outside Director Yonsei University Professor
" Choi, Yul Outside Director Environmental Activist
" Cho, Dong-sung Outside Director Seoul National University Professor
Status Name Position Remarks
8. INVESTM ENT BY KIA M OTORS IN OTHER COM PANIES
Kia Tigers
Hyundai Powertek
WIA
Cheju Dynasty
Bontek
Dong-hui Auto
TRW Steering
Hyundai Dymos
NGVTEK.com
e-HD.com.
Hyundai Hysco
Autoever
Asset Management
Kia Motors 400,000 100.0
〃14,000,000 50.0
〃3,474,738 45.3
〃1,240,000 40.0
〃390,000 39.0
〃2,106,000 35.1
〃357,242 29.0
〃6,024,286 27.1
〃50,000 24.4
〃911,520 22.8
〃19,294,680 21.6
〃200,000 20.0
〃190,000 19.9
Name of Company Invested Company No. of Shares ow ned Equity Share(% )
7. M AJOR SHAREHOLDERS
Hyundai M otor 134,285,491 36.32 Automobile production on commission
Hyundai Capital 36,180,000 9.79
Woori Bank 47,477,485 12.84 M ajor creditor Exchangeable bonds
Name Shares Held
Equity Share(% )
Business Ties w ith Kia Remarks
(shares)