Kia 2003 Annual Report Download - page 66

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NOTES TO NON-CONSOLIDATED FINANCIAL STATEMENTS
▶DECEMBER 31, 2003 AND 2002
66 Kia Motors Corporation
Details of valuation using the equity method for the year ended December 31, 2002 are as follows :
(4) The cumulative losses not recognized by the Company due to the suspension of the valuation of equity securities accounted for using the
equity method as of December 31, 2003 consist of the following :
Beginning of period
Korean won (in millions) U.S. dollars (Note 2)
(in thousands)
Kia Motors America, Inc.
Kia Canada, Inc.
Kia Motors Deutschland GmbH
Kia Motors Europe GmbH
Kia Japan Co., Ltd.
PT. Kia Timor Motors
Dong feng Yueda-Kia Motors
Co., Ltd.
Kia Tigers Co., Ltd.
Hyundai Powertech Co., Ltd.
WIA Corporation
Haevichi Resort Co., Ltd.
Bontek Co., Ltd.
Donghui Auto Co., Ltd.
TRW Steering Co., Ltd.
Dymos Inc.
e-HD.com Inc.
Hyundai Hysco Co., Ltd.
Autoever Systems Co., Ltd.
Yan Ji Kia Motors A/S (* )
NGVTEK Com (* )
Kia Service Philippines Co. (* )
-
-
-
-
23,598
11,205
267
18,221
34,393
347
4,828
1,950
-
8,952
31,531
1,505
91,320
1,000
1,792
250
185
231,344
￦
￦
Gain / Loss
-
-
-
(20,395)
(197)
(327)
1,753
(4,127)
6,109
32,078
(40)
4,520
-
128
1,649
(254)
21,693
1,186
-
-
-
43,776
￦
￦
Others (* * )
-
-
-
41,061
78
654
16,987
-
29,761
-
-
-
10,530
-
(61)
2,078
2,073
-
-
-
-
103,161
￦
￦
End of period
-
-
-
20,666
23,479
11,532
19,007
14,094
70,263
32,425
4,788
6,470
10,530
9,080
33,119
3,329
115,086
2,186
1,792
250
185
378,281
￦
￦
End of period
-
-
-
17,253
19,602
9,628
15,868
11,767
58,660
27,070
3,997
5,402
8,791
7,581
27,651
2,779
96,081
1,825
1,496
209
154
315,814
＄
＄
(* ) Excluded from using the equity method as individual beginning balance of assets are less than the required assets level of £7,000 million and the differences arising from the use of the
equity method are not considered material, which are stated at cost.
(* * ) Others are composed of acquisition or disposal amounts of investment securities, the changes in retained earnings and capital adjustments.
Cumulative losses Unrealized gains Cumulative losses Unrealized gains
Korean won (in millions) U.S. dollars (Note 2) (in thousands)
Kia Motors America, Inc.
Kia Motors Deutschland GmbH
Kia Canada, Inc.
-
2,751
-
2,751
133,364
26,088
7,756
167,208
-
2,297
-
2,297
111,341
21,780
6,475
139,596
￦
￦
￦
￦
＄
＄
＄
＄