Kia 2010 Annual Report Download - page 47

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In millions of won 2010 2009
Advances from customers ￦ 511,163 283,665
Unearned income 16,935 32,888
Accrued expenses 607,921 955,088
Accrued dividends 22 15
Current portion of derivatives liabilities 3,981 -
1,140,022 1,271,656
In millions of won Annual interest rate(%) 2010 2009
General loans 2.00~5.31 ￦ 810,768 1,122,968
Usance bills 1.10~2.54 110,888 35,468
Discount on trade bills 1.10~5.90 1,027,083 2,593,774
1,948,739 3,752,210
Lender Annual interest rate(%) 2010 2009
LOCAL CURRENCY
Kookmin Bank and others 2.25~3.00 ￦ 6,994 7,998
The Korea Development Bank 3.97 29,166 45,833
Hana Bank - - 370,000
Kookmin Bank 4.28~6.97 490,000 700,000
526,160 1,123,831
FOREIGN CURRENCY
Korea Exim Bank 1.14~3.18 221,516 326,873
SC First Bank 3.09 174,064 64,218
Calyon - - 376,713
Woori Investment & Securities Co., Ltd. and others 0.99~5.00 1,356,173 1,358,677
1,751,753 2,126,481
DEBENTURES:
264th - - 502,284
266-2nd 5.19 200,000 200,000
268-2nd 5.01 150,000 150,000
269th 5.33 300,000 300,000
270th - - 190,000
272th 7.00 200,000 200,000
273th 8.90 70,000 70,000
274-1st - - 180,000
274-2nd 8.40 160,000 160,000
274-3rd 8.60 60,000 60,000
275th (Bond with warrant(see (b) below)) 1.00 279,623 280,042
276-1st 5.85 90,000 90,000
276-2nd 6.80 110,000 110,000
277-1st 4.27 100,000 -
277-2nd 4.69 100,000 -
Forign debentures 4.76 341,670 350,280
Less discount (5,170) (8,236)
Redemption premium 40,740 40,801
Stock warrants adjustment (3,950) (15,711)
2,192,913 2,859,460
Less current portion of long-term debt, net of
discount of ￦467 in 2010 and ￦510 in 2009 (1,361,752) (1,851,686)
￦ 3,109,074 4,258,086
Lender Annual interest rate(%) 2010 2009
Notes to Consolidated
Financial Statements
December 31, 2010 and 2009
15. Other Current Liabilities
Other current liabilities as of December 31, 2010 and 2009 are as follows:
16. Short-term Borrowings
Short-term borrowings as of December 31, 2010 and 2009 are as follows:
17. Long-term Debt
(a) Long-term debt as of December 31, 2010 and 2009 are summarized as follows:
(b) Details of bonds with warrant as of December 31, 2010 are summarized as follows:
(*) The amount represents principal portion only and does not reflect discount on present value.
In millions of won
Date issued March 19, 2009
Amount of issue(*) ￦ 400,000 million
Issued at Face value
Maturity date March 19, 2012
Convertible until February 19, 2012
Conversion price (in won) ￦ 6,880
In millions of won
94 COMPONENTS OF SUSTAINABLE GROWTH 95
KIA MOTORS ANNUAL REPORT 2010