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NOTES TO NONCONSOLIDATED
FINANCIAL STATEMENTS
December 31, 2009 and 2008
(b) Held-to-maturity securities
Maturities of debt securities classied as held-to-maturity at December 31, 2009 are as follows:
(c) The Company has provided 1,500 shares of common stock of the Korea Defense Industry Association’s (“KDIA”), which are
included in available-for-sale-securities to the KDIA for a performance guarantee on a contract.
Book value
In millions of Won Face value 2009 2008
Government bonds ￦ 8,244 8,244 4,845
Corporate debt securities 8,000 8,000 6,635
￦ 16,244 16,244 11,480
In millions of Won Book value
HELDTOMATURITY
Due before one year ￦ 598
Due after one year through to ve years 15,173
Due after ve years 473
￦ 16,244
8. EQUITY SECURITIES ACCOUNTED FOR BY USING EQUITY METHOD
(a) Investments in associated companies accounted for by using the equity method as of December 31, 2009 are as follows:
In millions of Won, except owned shares and percentage of ownership Balance at
Percentage of December
Company ownership Cost Net assets 31, 2009
Kia Motors America Inc. 100.00% ￦ 298,751 148,066 -
Kia Canada Inc. 82.53% 58,507 (69,139) -
Kia Motors Deutschland GmbH 100.00% 300,430 84,230 63,084
Kia Motors Europe GmbH 100.00% 799,680 (423,578) -
Kia Motors Australia Pty Ltd. 100.00% 63,841 (37,425) -
Kia Tigers Co., Ltd. 100.00% 20,300 (604) -
Kia Motors Slovakia s.r.o. 100.00% 546,430 770,827 747,822
Kia Japan Co., Ltd. 100.00% 33,197 29,105 29,105
Dongfeng Yueda Kia Motors Co., Ltd. 50.00% 161,372 303,660 303,660
Haevichi Resort Co., Ltd. 40.00% 8,520 12,034 12,034
Hyundai Mobis Co., Ltd.(*) 16.88% 215,012 1,311,042 1,337,461
Hyundai Steel Company 21.39% 245,153 1,374,898 1,131,474
Hyundai Powertech Co., Ltd. 37.58% 135,000 174,338 174,061
Hyundai WIA Corp. 39.33% 30,184 322,540 314,216
Hyundai Card Co., Ltd.(*) 11.48% 147,960 171,640 171,640
Dymos Inc. 45.37% 89,438 137,934 137,729
Hyundai Hysco Co., Ltd.(*) 13.91% 37,479 160,397 139,630
EUKOR Car Carriers, Inc.(*) 8.00% 19,565 47,050 42,129
Hyundai AMCO Co.,Ltd (*) 19.99% 10,067 81,536 81,536
Beijing Hyundai Mobis Automotive Parts Co., Ltd. 24.08% 22,790 47,789 47,649
China Millennium Corp. 30.30% 27,185 16,292 16,292
Partecs Company, Ltd. 31.00% 12,400 14,308 14,308
Autoever Systems Co., Ltd. 20.00% 1,000 21,417 21,417
Hyundai-Motor Group Ltd. 30.00% 9,211 41,622 40,848
Donghee Auto Co., Ltd. 35.10% 10,530 10,803 10,803
WIA Automotive Engine (Shandong) Company(*) 18.00% 35,382 44,535 44,535
TRW Steering Co., Ltd. 29.00% 8,952 6,531 6,531
Haevichi Country Club., Ltd.(*) 15.00% 2,250 2,862 2,862
HMC Investment Securities Co., Ltd.(*) 3.68% 26,619 21,104 25,123
The Korea Economic Daily Co., Ltd.(*) 4.35% 4,168 5,336 5,336
HMC Win-Win Cooperation Fund 20.00% 6,000 6,202 6,202
Yanji Kia Motors A/S and Repair 100.00% 1,792 1,792 1,792
NGVTEK.com 24.39% 250 250 250
EUKOR Car Carriers Singapore Pte. Ltd.(*) 8.00% 5 5 5
EUKOR Shipowning Singapore Pte. Ltd.(*) 8.00% 3 1,399 442
￦ 3,389,423 4,840,798 4,929,976
REDEFINING
MOBILITY
KIA MOTORS
ANNUAL REPORT
2009

REDEFINING
MOBILITY
KIA MOTORS
ANNUAL REPORT
2009
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