Kia 2003 Annual Report Download - page 51

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2003 Annual Report 51
NON-CONSOLIDATED STATEMENTS OF APPROPRIATION OF RETAINED EARNINGS
▶FOR THE YEARS ENDED DECEMBER 31, 2003 AND 2002
2003 2002 2003 2002
Korean won (in millions) Translation into U.S. dollars (Note 2) (in thousands)
Unappropriated retained earnings:
Beginning of year
Stock retirement as a deduction of retained
earnings (Note 14)
Net income
Appropriations:
Legal reserve
Reserve for technology development
Cash dividends (Note 19)
Unappropriated retained earnings, end of year
597
(88,742)
705,423
617,278
12,600
478,500
125,448
616,548
730
(324,952)
-
641,379
316,427
9,300
214,500
92,030
315,830
597
499
(74,088)
588,932
515,343
10,519
399,483
104,731
514,733
610
(271,290)
-
535,464
264,174
7,764
179,078
76,833
263,675
499
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