Kia 2007 Annual Report Download - page 100

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100_
Kia Motors Annual Report 2007
(27) Selling and Administrative Expenses
Details of selling and administrative expenses for the years ended December 31, 2007 and 2006 are as follows:
(28) Income Taxes
(a) The Company is subject to a number of income taxes on taxable income at the following nominal tax rates:
(b) The components of income tax expense for the years ended December 31, 2007 and 2006 are summarized as follows:
December 31, 2007 and 2006
Notes to Non-Consolidated Financial Statements
400,228
83,751
61,608
280,204
15,194
7,804
7,401
7,117
16,671
42,110
1,181
4,882
66,096
35,284
2,060
122,046
3,921
204,294
280,870
495,961
271,362
-
3,941
2,413,986
￦
￦
2007 2006
389,481
72,393
50,838
288,235
15,888
8,002
7,450
6,933
18,693
48,387
1,119
4,787
97,367
34,705
2,369
105,346
4,084
190,568
406,776
551,283
325,111
2,924
4,513
2,637,252
Salaries
Provision for retirement and severance benefits
Other employee benefits
Sales promotion
Travel
Communications
Utilities
Taxes and dues
Rent
Depreciation
Amortization of intangible assets
Repairs and maintenance
Advertising
Freight
Supplies and stationery
Commissions and fees
Education and training
Ordinary research and development
Overseas marketing
Export expenses
Warranty expenses
Bad debt expenses
Miscellaneous
In millions of Won
Normal tax rateTaxable income
14.30%
27.50%
Up to ￦100 million
Over ￦100 million
17,080
(6,284)
609
11,405
￦
￦
2007 2006
12,274
22,721
(1,119)
33,876
Current
Deferred
Prior year tax adjustments
Income tax charge
In millions of Won