Kia 2005 Annual Report Download - page 80

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Non-Consolidated Statements of Appropriations of Retained Earnings
FOR THE YEARS ENDED DECEMBER 31, 2005 AND 2004
80
KIA MOTORS
Korean w on
(In millions)
Translation into U.S.dollars (Note 2)
(In thousands)
2005 2004 2005 2004
Unappropriated retained earnings :
Beginning of year
Cum ulative effect of accounting changes (Note 2)
Changes in retained earnings using the equity method
Stock retirem ent as a deduction of retained earnings (Note 14)
Net incom e
Appropriations :
Legal reserve
Reserve for technology developm ent
Cash dividends (Note 20)
Unappropriated retained earnings
(Undisposed accum ulated deficit), end of year
(97,751)
—
—
—
680,904
583,153
8,700
487,800
86,629
583,129
24
￦
￦
150,379
(69,275)
(906)
(136,701)
662,026
605,523
12,200
569,900
121,174
703,274
(97,751)
(96,497)
—
—
—
672,166
575,669
8,588
481,540
85,517
575,646
24
148,449
(68,386)
(894)
(134,947)
653,530
597,752
12,043
562,586
119,620
694,249
(96,497)
￦
￦
$
$
$
$