Kia 2005 Annual Report Download - page 94

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94
KIA MOTORS
Equity securities accounted for using the equity method as of December 31, 2004 consist of the follow ing :
Korean w on
(In millions)
Translation into U.S.dollars (Note 2)
(In thousands)
Acquisition cost Net equity value Book value Acquisition cost Net equity value Book value
Ow nership
percentage
Affiliated company
Kia Motors Am erica, Inc.
Kia Canada, Inc.
Kia Motors Deutschland Gm bH
Kia Motors Europe Gm bH
Kia Japan Co., Ltd.
Kia Motors Slovakia
PT. Kia Tim or Motors
Dong Feng Yueda-Kia Motors
Co., Ltd.
Hyundai MOBIS
Kia Tigers Co., Ltd.
Hyundai Pow ertech Co., Ltd.
Dymos Inc.
WIA Corporation
Haevichi Resort Co. Ltd.
Bontek Co., Ltd.
Donghui Auto Co., Ltd.
Beijing Hyundai Mobis
Autom otive Parts Co. Ltd.
TRW Steering Co., Ltd.
Hyundai Hysco Co., Ltd.
Hyundai Card Co., Ltd.
Autoever System s Co., Ltd.
EUKOR Car Carriers, Inc.
EUKOR Car Carriers
Singapore Pte.
China Millennium Corp.
Hyundai- Motor Group Ltd.
Kia Motors Australia Pty Ltd.
Yan Ji Kia Motors A/ S
NGVTEK Com
Kia Service Philippines Co.
66,798
58,507
53,139
111,646
33,197
64,566
10,908
56,148
118,993
20,300
120,000
89,438
4,905
8,520
2,581
10,530
13,518
8,952
64,829
182,591
1,000
19,565
5
27,177
1,508
825
1,792
250
185
1,152,373
17,033
(16,246)
(17,213)
93,040
23,249
58,756
10,337
58,420
414,470
107
134,475
91,183
115,911
6,702
24,523
8,243
13,205
6,072
231,081
29,610
4,770
40,121
5
27,177
1,508
825
1,792
250
—
1,379,406
—
—
—
2,678
23,249
58,756
10,337
64,794
427,907
6,023
134,475
105,565
92,977
7,126
21,812
8,303
13,239
7,330
165,417
100,092
4,770
33,307
5
27,177
1,508
825
1,792
250
—
1,319,714
65,941
57,756
52,457
110,213
32,771
63,737
10,768
55,427
117,466
20,039
118,460
88,290
4,842
8,411
2,548
10,395
13,345
8,837
63,997
180,248
987
19,314
5
26,828
1,489
814
1,769
247
183
1,137,584
16,814
(16,038)
(16,992)
91,848
22,951
58,002
10,204
57,670
409,151
106
132,749
90,013
114,423
6,616
24,208
8,137
13,036
5,994
228,115
29,230
4,709
39,606
5
26,828
1,489
814
1,769
247
—
1,361,704
—
—
—
2,643
22,951
58,002
10,204
63,962
422,416
5,946
132,749
104,210
91,784
7,035
21,532
8,196
13,069
7,236
163,294
98,808
4,709
32,880
5
26,828
1,489
814
1,769
247
—
1,302,778
100.00
82.53
100.00
100.00
100.00
100.00
30.00
50.00
18.19
100.00
50.00
45.37
45.14
40.00
39.72
35.10
30.00
29.00
24.06
21.50
20.00
8.00
8.00
30.30
30.00
100.00
100.00
24.39
20.00
$
$
$
$
$
$
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￦
￦
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Notes to Non-Consolidated Financial Statements FOR THE YEARS ENDED DECEMBER 31,
2005 AND 2004
Equity securities are valued based on the unaudited financial statem ents w ith adjustm ents m ade for the effects of any significant events or transactions. Also, significant
unrealized profit (loss) on inter-company transactions is eliminated.
Although the share ratio for Hyundai MOBIS and Asset Managem ent Co., Ltd. is less than 20%, the Com pany applied equity method as the Company is presum ed to
have significant influence on such com pany in accordance with the SKAS No. 15 - “Investm ents in Associates”.