Kia 2006 Annual Report Download - page 98

Download and view the complete annual report

Please find page 98 of the 2006 Kia annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 102

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102

098
KIA MOTORS 2006 Annual Report
IR Information
IR Activities in 2006
January •Conference for 2005 Operating Results and 2006 Business Plan
February •Non-Deal Road Show in US/Europe/Asia
March •Annual General Shareholder's Meeting and Annual Report Release (Korean)
April •Disclosure of 1st Quarter Operating Results
•Investors Conference in New York by Morgan Stanley
•Annual Report Release (English)
May •Investors Conference in Seoul by Samsung Securities
June •Corporate Credit Ratings Annual Review (Moody's)
•Investors Conference in Seoul by UBS
July •New Opirus Test-drive and R&D Presention to Investors
August •Disclosure of 1st Half Operating Results
September •Corporate Credit Ratings Annual Review (Standard & Poor's)
October •Disclosure of 3rd Quarter Operating Results
November •Investors Conference in US by Nomura
•Investors Conference in Singapore by Morgan Stanley
•Investors Conference in Europe by BNP Paribas
December •Year-end Small Group Meetings with Investors
Shareholder Structure (at December 31, 2006 / 2005, %)
2006 38.67 1.26 1.99 7.25 10.10 22.53 18.20
2005 38.67 3.95 1.99 5.14 13.33 25.18 11.74
Hyundai Motor Company Hyundai ES Chung ESOP Domestic Foreign Investors Others
Capital
Institutional Investors
Kia Motors Share Price in 2006
KOSPI was somewhat volatile during 2006, but closed at 1,434.46 points, up 4% from the previous year. Kia Motors stock price was bearish due to our weaker-than-
expected operating performance, an investigation into slush funds held by the Hyundai Automotive Group, and labor problems. Our stock price closed at 13,450
Won, down by 49% from the previous year. Foreign ownership of Kia stock fell slightly, from 25.18% (Dec 31, '05) to 22.53% (Dec 31, '06). And Korean institutional
investor ownership declined from 13.33% to 10.10%. Otherwise, other ownership (private investors, etc.) rose from 11.74% to 18.20%. Hyundai Capital ownership of
Kia stock declined from 3.95% to 1.26% of all outstanding Kia stocks. Kia Motors' payout ratio (including share cancellation of the following year) has been relatively
high at 34.8% in 2003, 18.3% in 2004, and 12.7% in 2005. But stockholders did not get a cash dividend in 2006 due to the operating loss. Kia Motors is in the midst of
substantial cost reduction, and is ramping up overseas production. We are also developing competitive new models to improve operating performance. When all
these efforts are reflected visibly in our performance, and the exchange rate stabilizes, we expect the Kia stock price will recover.
1,000 P
1,200 P
1,400 P
1,600 P
High
28,000 KRW
(06-01-02)
High
1,464.70 P
(06-05-11)
End of 2005
Kia Mortors : 26,550 KRW
KOSPI : 1,379.37 P
Low
1,203.86 P
(06-06-13)
Low
12,350 KRW
(06-12-08)
End of 2006
13,450 KRW
End of 2006
1,434.46 P
28,000
30,000
26,000
24,000
22,000
20,000
18,000
16,000
14,000
12,000
10,000
(KRW)
2005-12-31 2006-02-28 2006-04-30 2006-06-30 2006-08-31 2006-10-31 2006-12-31
KIA MOTORS KOSPI