Kia 2012 Annual Report Download - page 101

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(ii) Aggregate maturities of the Company’s financial liabilities, including estimated interest, as of December 31, 2011 are
summarized as follows:
(In millions of won)
Accounts and notes
payable - trade ₩ 4,825,992 - - 4,825,992
Accounts and notes
payable - other 1,744,387 - - 1,744,387
Accrued expenses 799,220 - - 799,220
Bonds 1,200,122 1,767,182 103,783 3,071,087
Borrowings 2,045,960 622,457 205,749 2,874,166
Financial lease liabilities 6,943 25,044 - 31,987
Other current liabilities 52,511 - - 52,511
Other non-current liabilities - 20,727 - 20,727
₩ 10,675,135 2,435,410 309,532 13,420,077
Within 1 year 1~5 years Over 5 years Total
(c) Foreign exchange risk
The Company’s capital and income (loss) would have been increased or decreased, if the foreign exchange rate against USD and
EUR were higher. The Company assumes that interest rate fluctuates 10% at year ended period. Also, the Company assumes that
others variables such as interest rate are not changed by sensitive analysis. The Company analyzed by the same method as used
for last period and details for the effect on income before taxes are summarized as follows:
(d) Interest rate risk
Sensitivity analysis of interest expenses and interests income for the year from changes of interests rate for the years ended
December 31, 2012 and 2011 are as summarized as follows:
(In millions of won)
(In millions of won)
2012 2011
10% Up 10% Down 10% Up 10% Down
USD ₩ (154,569) 154,569 (86,354) 86,354
EUR 983 (983) (31,217) 31,217
2012 2011
100 bps Up 100 bps Down 100 bps Up 100 bps Down
Interest income ₩ 19,023 (19,023) 21,183 (21,183)
Interest expense 11,756 (11,756) 16,728 (16,728)
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