Kia 2004 Annual Report Download - page 69

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69
KIA Motors_2004 Annual Report
Available-for-sale securities included in long-term investment securities as of December 31, 2003 consist of the following:
The difference between the book value and the acquisition cost of available-for-sale securities, am ounting to ￦88,579 million (US$84,862 thousand) as of
December 31, 2003, consist of gain on valuation of long-term investment securities of ￦91,129 million (US$87,305 million) reflected in capital adjustm ents and an
impairment loss of investment of ￦2,550 million (US$2,443 thousand) in 2002.
(3) Held-to-maturity securities included in long-term investm ent securities as of December 31, 2004 consist of the following:
Held-to-maturity securities included in long-term investment securities as of December 31, 2003 consist of the following:
99,999
10,056
7,200
854
347
2,410
30
3,000
950
700
600
241
200
168
3,339
130,094
￦
￦
Acquisition costCompany Book value Book value Percentage of ownership (%)
190,675
6,702
4,251
703
48
9,646
1
3,000
950
700
600
241
200
168
789
218,673
￦
￦
182,674
6,421
4,072
673
46
9,241
1
2,874
910
670
575
231
192
161
756
209,497
＄
＄
18.36
0.66
0.12
0.17
0.38
–
–
4.62
19.99
2.41
5.80
19.35
8.00
0.22
–
Listed equity securities:
INI Steel Co., Ltd.
LG Telecom Co., Ltd.
KT Freetel Co., Ltd.
Kia Steel Co., Ltd.
Kanglim Specific Equipment
Automotive Co., Ltd.
Stock Market Stabilization Fund
Other
Unlisted equity securities:
Dongwon Capital Co., Ltd.
Asset Management Co., Ltd.
Kihyup Technology Banking Corp.
Mobil.com Co., Ltd.
Dongyung Industries Co., Ltd.
Namyang Industrial Co., Ltd.
The Korea Economic Daily Co., Ltd.
Other
Korean won
(In millions) U.S. dollars (Note 2)
(In thousands)
2,413
89
2,502
￦
￦
Acquisition cost Book value Book value
2,413
89
2,502
￦
￦
2,312
85
2,397
＄
＄
Government and municipal bonds
Corporate bonds:
Acrowave Co., Ltd.
Korean won
(In millions) U.S. dollars (Note 2)
(In thousands)
10,213
89
16,200
26,502
￦
￦
Acquisition cost Present value discount Book value Book value
–
–
5,234
5,234
￦
￦
10,213
89
10,966
21,268
￦
￦
9,784
85
10,507
20,376
＄
＄
Government and municipal bonds
Corporate bonds:
Acrowave Co., Ltd.
Subordinated bonds:
Seoul Guarantee Insurance Company
Korean won
(In millions) U.S. dollars (Note 2)
(In thousands)