Kia 2003 Annual Report Download - page 68

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NOTES TO NON-CONSOLIDATED FINANCIAL STATEMENTS
▶DECEMBER 31, 2003 AND 2002
68 Kia Motors Corporation
(3) Marketable investment equity securities as of December 31, 2002 consist of the following :
(4) Unlisted equity securities as of December 31, 2002 consist of the following :
The value of investments in equity securities of Daeshin Factoring Co., Ltd. and A.P. Co., Ltd. has declined and is not expected to recover, and
accordingly, the difference between the book value and the fair value has been charged to current operations as an investment impairment loss.
(5) Debt securities as of December 31, 2002 consist of the following :
Acquisition cost Book value Book value Percentage of ownership (% )
Korean won (in millions)
U.S. dollars (Note 2)
(in thousands)
Hyundai MOBIS
INI Steel Co., Ltd.
LG Telecom Co., Ltd.
Kia Steel Co., Ltd.
Kanglim Specific Equipment Automotive
Co., Ltd.
SK Telecom Co., Ltd.
Samho Co., Ltd.
Samlip General Food Co., Ltd.
Stock Market Stabilization Fund
70,047
99,999
10,056
96
347
837
16
14
6,442
187,854
302,107
105,325
8,020
169
68
5,716
1
-
11,828
433,234
252,218
87,932
6,696
141
57
4,772
1
-
9,874
361,691
16.26
15.60
0.59
0.52
0.38
0.03
-
-
-
￦
￦
￦
￦
＄
＄
Acquisition cost Book value Book value Percentage of ownership (% )
Korean won (in millions)
U.S. dollars (Note 2)
(in thousands)
EUKOR Car Carries, Inc
Wuhan Grand Motor Co., Ltd.(* )
KT I Com Co., Ltd.
Dongwon Capital Co., Ltd.
Daeshin Factoring Co., Ltd.
Asset Management Co., Ltd.
Kihyup Technology Banking Corp.
Mobil.com Co., Ltd.
A.P. Co., Ltd.
Dongyung Industries Co., Ltd.
Namyang Industrial Co., Ltd.
The Korea Economic Daily Co., Ltd.
Other
19,565
7,500
7,200
3,000
2,000
950
700
600
550
241
200
168
771
43,445
19,565
7,500
7,200
3,000
-
950
700
600
-
241
200
168
771
40,895
16,334
6,261
6,011
2,505
-
793
584
501
-
201
167
140
644
34,141
8.00
21.40
0.40
4.62
3.33
19.99
2.41
6.02
9.20
19.23
8.00
0.22
-
￦
￦
￦
￦
＄
＄
(* ) Excluded from using the equity method as the investment was regarded temporary.
Acquisition cost Present Value Discount Book value
Korean won (in millions)
U.S. dollars (Note 2)
(in thousands)
Corporate bonds:
Kia Steel Co., Ltd.
Acrowave Co., Ltd.
Subordinated bonds:
Seoul Guarantee Insurance Company
32,698
89
16,200
48,987
16,959
-
6,382
23,341
15,739
89
9,818
25,646
￦
￦
￦
￦
￦
￦
Book value
13,140
74
8,197
21,411
＄
＄