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(y) Reclassification
Certain reclassifications have been made to the prior year’s consolidated financial statements to conform to the 2010 presentation.
Notes to Consolidated
Financial Statements
December 31, 2010 and 2009
3. Restricted Deposits
Deposits which are restricted in use as guarantee deposits for maintaining checking accounts as of December 31, 2010 and 2009 are as
follows:
4. Transfer of Trade Accounts and Notes Receivable
Outstanding trade accounts and notes receivable transferred to and discounted with banks are excluded from the accompanying
consolidated statements of financial position, as of December 31, 2010 and 2009 are summarized as follows:
5. Inventories
Inventories as of December 31, 2010 and 2009 are summarized as follows:
In millions of won 2010 2009
Short-term financial instruments ￦ 25,799 23,366
Short-term financial instruments 16 35
￦ 25,815 23,401
In millions of won 2010 2009
Trade accounts receivable ￦ 79,168 61,073
Trade notes receivable 2,242,500 1,460,194
￦ 2,321,668 1,521,267
In millions of won 2010 2009
Finished goods ￦ 2,495,342 3,676,056
Merchandise 342,383 260,343
Semi-finished goods 276,452 234,114
Work-in-process 146,257 114,097
Raw materials 349,318 257,507
Supplies 83,097 92,633
Materials-in-transit 109,038 76,509
￦ 3,801,887 4,711,259
6. Other Current Assets
Other current assets as of December 31, 2010 and 2009 are summarized as follows:
7. Long-term Investment Securities
Long-term investment securities other than those accounted for by the equity method as of December 31, 2010 and 2009 are
summarized as follows:
In millions of won 2010 2009
Short-term loans ￦ 309 1,781
Accrued income 50,560 31,893
Advance payments, less allowance for doubtful
accounts of ￦564 in 2010 and ￦552 in 2009 459,475 183,579
Prepaid expenses 113,367 267,515
Guarantee deposits 430 433
Derivative instruments (note 23) 8,855 18,016
Others 1,137 1,027
￦ 634,133 504,244
In millions of won 2010 2009
Available-for-sale securities
Marketable securities ￦ 64 29
Non-marketable securities 2,836 2,889
2,900 2,918
Held-to-maturity-securities 16,964 17,335
19,864 20,253
Less current portion of long-term investment securities (731) (598)
￦ 19,133 19,655
70 COMPONENTS OF SUSTAINABLE GROWTH 71
KIA MOTORS ANNUAL REPORT 2010