Kia 2012 Annual Report Download - page 55

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(a) Organization and description of the Company
Kia Motors Corporation (the “Parent Company”), one of the leading motor vehicle manufacturers in Korea, was established in
December 1944 under the laws of the Republic of Korea to manufacture and sell a range of passenger cars, recreational vehicles
and other commercial vehicles in the domestic and international markets. The Parent Company owns and operates three principal
automobile production sites: the Sohari factory, the Hwasung factory and the Kwangju factory.
The shares of the Parent Company have been listed on the Korea Exchange since 1973. As of December 31, 2012, the Parent
Company’s largest shareholder is Hyundai Motor Company, which holds 33.88 percent of the Parent Company’s stock.
The consolidated financial statements comprise the Parent Company and its subsidiaries (together referred to as the “Company”)
and the Company’s interest in associates and jointly controlled entities.
(b) Consolidated subsidiaries
Details of consolidated subsidiaries as of December 31, 2012 are summarized as follows:
Subsidiary Location Business Reporting of ownership
Kia Motors America, Inc. (KMA) U.S.A. Exclusive importer and distributor 100.00%
of motor vehicles and parts
Kia Motors Manufacturing Georgia, Inc. U.S.A. Manufacturing and sale of 100.00%
(KMMG)(*1) vehicles and parts
Kia Canada Inc. (KCI)(*2) Canada Exclusive importer and distributor 100.00%
of motor vehicles and parts
Kia Motors Deutschland GmbH (KMD) Germany ˝
Kia Motors Europe GmbH (KME) Germany Holding company 100.00%
Kia Motors Polska Sp.z.o.o. (KMP)(*3) Poland Exclusive importer and distributor 100.00%
of motor vehicles and parts
Kia Motors Slovakia s.r.o. (KMS) Slovakia Manufacturing and sale of 100.00%
vehicles and parts
Kia Motors Sales Slovensko s.r.o. (KMSs)(*4) Slovakia Exclusive importer and distributor 100.00%
of motor vehicles and parts
Kia Motors Belgium (KMB)(*4) Belgium ˝ 100.00%
Kia Motors Czech s.r.o. (KMCZ)(*4) Czech ˝ 100.00%
Kia Motors UK Ltd. (KMUK)(*4) England ˝ 100.00%
Kia Motors Austria GmbH (KMAS)(*4) Austria ˝ 100.00%
Kia Motors Hungary K.f.t (KMH)(*4) Hungary ˝ 100.00%
Kia Motors Iberia (KMIB)(*4) Spain ˝ 100.00%
Kia Motors Sweden AB (KMSW)(*4) Sweden ˝ 100.00%
Kia Motors France SAS (KMF)(*4) France ˝ 100.00%
Kia Motors Russia LLC (KMR)(*5) Russia ˝ 100.00%
Kia Motors Nederland BV (KMNL)(*4) Nederland ˝ 100.00%
Kia Motors Australia Pty Ltd. (KMAU) Australia ˝ 100.00%
Kia Motors New Zealand Pty Ltd. (KMNZ)(*6) New Zealand ˝ 100.00%
Kia Motors Company Italy S.r.l (KMIT)(*4) Italy ˝ 100.00%
For the years ended December 31, 2012 and 2011
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