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Notes to Consolidated
Financial Statements
December 31, 2010 and 2009
(b) Significant transactions which occurred in the normal course of business with consolidated subsidiaries for the year ended December 31,
2009 are summarized as follows:
In millions of won Receivables Payables
Accounts Accounts
and notes and noted
receivable Other payable Other
Subsidiaries -trade receivables - trade payables
KMA ￦ 36,128 69,028 - 65,629
KMMG - 227 - 15
KCI 8,867 24,486 - 2,188
KME 71,004 87,698 - 96,831
KMAU 14,764 30,752 - 391
KMS 215,729 17,647 - 91
KMR 26,722 5,628 - 433
DYK 31,091 27,629 - 236
Heavichi Hotel and Resort Jeju - 11,551 - 556
TOTAL ￦ 404,305 274,646 - 166,370
(d) Account balances with related companies as of December 31, 2009 are as follows:
In millions of won Receivables Payables
Accounts Accounts
and notes and noted
receivable Other payable Other
Subsidiaries -trade receivables - trade payables
KMA W 159,207 - - 7,245
KMMG 518 299 - -
KCI 7,308 - - 1,847
KME 46,667 15,039 - 247,829
KMAU 2,512 4,234 - 1,123
KMS 228,070 13,281 - 754
KMR 8,140 8,422 - 2,015
DYK 56,655 14,114 - 620
Heavichi Hotel and Resort Jeju - 11,277 - 4,292
TOTAL W 509,077 66,666 - 265,725
(c) Account balances with consolidated subsidiaries as of December 31, 2010 are as follows:
In millions of won Revenues Receivables
Subsidiaries 2010 2009 2010 2009
KMA KCI ￦ 282 - 86 25,096
KMMG KME 4,584 8,484 38,797 110,410
KMS KME 1,265,879 1,863,532 616,441 1,014,118
KME KMD 373,285 807,025 78,495 309,881
KMP 236,602 263,624 98,489 196,164
KMAU - 154,270 - 108,205
KMB 105,803 202,767 147,924 226,254
KMCZ 73,615 121,888 34,522 57,214
KMH 7,089 17,651 9,742 30,537
KMUK 701,017 608,419 202,529 262,562
KMF 287,413 300,409 199,571 333,743
KMIB 221,951 127,625 270,792 361,980
KMSW 225,052 179,992 46,400 120,793
KMSS 15,443 34,994 2,411 19,845
￦ 3,518,015 4,690,680 1,746,199 3,176,802
(e) Significant transactions and balances which occurred in the normal course of business between consolidated subsidiaries for the years
ended December 31, 2010 and 2009 are summarized as follows:
Subsidiaries Sales Other income Other expenses
KMA W 3,405,091 22,002 663,816
KMMG 23,216 11,715 -
KCI 690,031 6,007 65,824
KME 1,341,507 28,365 379,229
KMAU 248,231 7,698 28,710
KMS 456,459 9,011 853
KMR 510,400 3,841 8,979
DYK 198,201 35,574 -
Heavichi Hotel and Resort Jeju 64 357 18,720
W 6,873,200 124,570 1,166,131
In millions of won
88 COMPONENTS OF SUSTAINABLE GROWTH 89
KIA MOTORS ANNUAL REPORT 2010