Kia 2010 Annual Report Download - page 26

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Consolidated
Statements of Financial Position
In millions of won, except share data
As of December 31, 2010 and 2009
See accompanying notes to consolidated financial statements.
See accompanying notes to consolidated financial statements.
Note 2010 2009
ASSETS
Cash and cash equivalents 20 ￦ 1,692,665 2,301,141
Short-term financial instruments 3 1,364,558 490,547
Accounts and notes receivable - trade, less discount
on present value of ￦2,237 in 2010 and ￦3,626 in 2009
and allowance for doubtful accounts of ￦130,079 in 2010
and ￦97,656 in 2009 4, 9, 10, 20 3,236,413 2,492,432
Accounts and notes receivable - other, less allowance
for doubtful accounts of ￦34,753 in 2010 and ￦38,537 in 2009 9, 10, 20 357,379 281,969
Inventories 5, 11, 30 3,801,887 4,711,259
Current deferred tax assets, net 28 376,510 427,398
Other current assets 6, 20, 23 634,133 504,244
Total current assets 11,463,545 11,208,990
Long-term investment securities 7, 14 19,133 19,655
Equity method accounted investments 8 4,922,713 3,860,181
Property, plant and equipment, net 9, 11, 14 9,653,634 9,513,456
Intangible assets 12, 30 1,271,918 1,123,661
Other non-current assets 13, 20 262,216 236,933
Total non-current assets 16,129,614 14,753,886
Total assets ￦ 27,593,159 25,962,876
Consolidated
Statements of Financial Position
In millions of won, except share data
As of December 31, 2010 and 2009
Note 2010 2009
LIABILITIES
Accounts and notes payable - trade 9, 10, 20 ￦ 5,039,465 3,800,034
Short-term borrowings 16, 20 1,948,739 3,752,210
Accounts and notes payable - other 9, 10, 20 2,167,231 1,945,115
Income taxes payable 29 300,535 21,511
Provision for warranties - current 396,999 187,048
Current portion of long-term debt, less
discount of ￦467 in 2010 and ￦510 in 2009 14, 17, 20 1,361,752 1,851,686
Current portion of capital lease obligation 530 80,949
Other current liabilities 15, 20, 23 1,140,022 1,271,656
Total current liabilities 12,355,273 12,910,209
Long-term debt, less discount of ￦4,703 in 2010 and ￦7,726 in 2009 14, 17, 20 3,109,074 4,258,086
Provision for warranties 21 787,547 556,783
Non-current deferred tax liabilities, net 28 530,298 186,184
Provision for retirement and severance benefits, net 19 188,929 328,872
Other non-current liabilities 18, 20 416,840 418,648
Total non-current liabilities 5,032,688 5,748,573
Total liabilities 17,387,961 18,658,782
STOCKHOLDERS’ EQUITY
Common stock of ￦5,000 par value Authorized - 820,000,000 shares
Issued - 397,854,423 shares in 2010 and 388,371,048 shares in 2009
Outstanding - 397,476,307 shares in 2010 and 387,995,332 shares in 2009 24 2,101,772 2,054,355
Capital surplus 25 1,705,822 1,659,216
Capital adjustments 26 (14,515) (2,249)
Accumulated other comprehensive income 8, 23, 32 1,253,763 1,161,128
Retained earnings 4,417,538 1,873,878
Minority interest in equity of consolidated subsidiaries 740,818 557,766
Total stockholders’ equity 10,205,198 7,304,094
Total liabilities and stockholders’ equity ￦ 27,593,159 25,962,876
52 COMPONENTS OF SUSTAINABLE GROWTH 53
KIA MOTORS ANNUAL REPORT 2010