Kia 2013 Annual Report Download - page 49

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


For the years ended December 31, 2013 and 2012
(*) Including borrowing costs that were capitalized in respect of development cost ₩ 6,073 million in 2013 (2012: ₩ 1,393 million).
 
Capitalized borrowing costs(*) ₩18,452 8,820
Capitalization interest rate 2.61% 1.44%
(In millions of won)
 














Land ₩21,151 - 21,151 20,828 - 20,828
Buildings 34,436 (5,333) 29,103 34,951 (4,345) 30,606
₩55,587 (5,333) 50,254 55,779 (4,345) 51,434
(In millions of won)
10.
Investment Property
(a) Details of investment property as of December 31, 2013 and 2012 are summarized as follows:
(e) The capitalized borrowing costs and capitalization interest rate for the years ended December 31, 2013 and 2012 are summarized as
follows:
(b) Changes in investment property for the year ended December 31, 2013 are summarized as follows:
   
Land ₩20,828 - 323 21,151
Buildings 30,606 (1,092) (411) 29,103
₩51,434 (1,092) (88) 50,254
(In millions of won)
(c) Changes in investment property for the year ended December 31, 2012 are summarized as follows:
   
Land ₩21,995 - (1,167) 20,828
Buildings 34,105 (1,123) (2,376) 30,606
₩56,100 (1,123) (3,543) 51,434
(In millions of won)
(In millions of won)
(b) Details of changes in property, plant and equipment for the year ended December 31, 2013 are summarized as follows:
(*1) The net amount of loss on sale of property, plant and equipment is ₩ 38,110 million for the year ended December 31, 2013.
(*2) The Company cumulatively received ₩ 218,065 million government grants as of December 31, 2013 through investment agreement with Slovakia government. The grants are de-
ducted in calculating the carrying amount of the asset.
(*3) Finance lease assets are included.
(*4) Other increase (decrease) is mainly related to foreign currency translation impact.

     


Land ₩2,873,184 2,670 (192,328) - 1,626 (456) 2,684,696
Buildings 1,790,053 3,445 (10,641) (92,879) 187,039 3,956 1,880,973
Structures 276,143 1,008 (5,355) (24,740) 29,003 768 276,827
Machinery and equipment (*3) 3,151,569 30,555 (26,440) (379,071) 401,068 8,561 3,186,242
Dies, molds and tools 680,261 38,314 (4,715) (261,325) 273,797 2,490 728,822
Vehicles 104,500 20,296 (23,219) (28,274) 31,199 (676) 103,826
Other equipment 151,763 44,771 (1,920) (51,693) 28,707 2,806 174,434
Construction-in-progress 693,725 1,001,093 (1,143) - (952,439) (51) 741,185
₩9,721,198 1,142,152 (265,761) (837,982) - 17,398 9,777,005
(c) Details of changes in property, plant and equipment for the year ended December 31, 2012 are summarized as follows:
(In millions of won)
(*) Other increase (decrease) mainly related to foreign currency translation impact.

     


Land ₩2,907,187 - (77,257) - 54,465 (11,211) 2,873,184
Buildings 1,763,907 17,889 (10,284) (86,499) 148,058 (43,018) 1,790,053
Structures 264,901 3,011 (468) (24,451) 36,662 (3,512) 276,143
Machinery and equipment 2,801,833 48,875 (21,136) (356,188) 733,569 (55,384) 3,151,569
Dies, molds and tools 547,675 86,192 (344) (215,373) 289,851 (27,740) 680,261
Vehicles 84,314 17,721 (26,243) (26,120) 56,997 (2,169) 104,500
Other equipment 115,451 42,792 (3,013) (42,366) 44,913 (6,014) 151,763
Construction-in-progress 699,117 1,365,596 - - (1,364,515) (6,473) 693,725
₩9,184,385 1,582,076 (138,745) (750,997) - (155,521) 9,721,198
(d) As of December 31, 2013, KMS has a purchase commitment for plant expansion in connection of which, KMS acquired property, plant,
and equipment amounting EUR 22,110 thousand.

 