Kia 2014 Annual Report Download - page 34

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Consolidated Statements of Income
KIA MOTORS CORPORATION AND SUBSIDIARIES
Note 2014 2013
Sales 4, 32 ₩ 47,097,049 47,597,897
Cost of sales 28, 32 (37,754,115) (37,511,941)
Gross prot 9,342,934 10,085,956
Selling expenses 24, 28 (4,186,289) (4,411,711)
General and administrative expenses 24, 28 (2,584,096) (2,497,145)
Operating prot 2,572,549 3,177,100
Share of prots of associates and joint ventures,
gain on disposal, and impairment loss 81,394,152 1,319,585
Finance income 25, 31 250,814 455,275
Finance costs 25, 31 (169,345) (139,442)
Other income 26 459,684 377,188
Other expenses 26 (691,538) (361,130)
Prot before income taxes 3,816,316 4,828,576
Income tax expense 27 (822,723) (1,011,517)
Prot for the period 2,993,593 3,817,059
Prot attributable to owners of the Parent Company 2,993,593 3,817,059
Earnings per share
Basic (and diluted) earnings per share in won 22 ₩ 7,393 9,425
See accompanying notes to the consolidated nancial statements.
2014 2013
Prot for the period ₩ 2,993,593 3,817,059
Other comprehensive income (loss) for the period (net of tax):
Items that will never be reclassied subsequently to prot or loss:
Dened benet plan remeasurements (162,118) 74,281
Change in remeasurements of associates (34,144) 10,688
Total items that will never be reclassied subsequently to prot or loss (196,262) 84,969
Items that are or may be reclassied subsequently to prot or loss:
Unrealized changes in fair value of available-for-sale nancial assets 45,954 5,902
Change in fair value of available-for-sale nancial assets reclassied to prot or loss - (149,301)
Change in capital adjustments - decrease in gain of equity method accounted investments (13,216) (8,249)
Change in capital adjustments - increase in loss of equity method accounted investments (106,195) (35,952)
Foreign currency translation difference (146,820) (44,455)
Total items that are or may be reclassied subsequently to prot or loss (220,277) (232,055)
Other comprehensive loss for the period, net of income tax (416,539) (147,086)
Total comprehensive income for the period 2,577,054 3,669,973
Attributable to owners of the Parent Company ₩ 2,577,054 3,669,973
See accompanying notes to the consolidated nancial statements.
Consolidated Statements of
Comprehensive Income
KIA MOTORS CORPORATION AND SUBSIDIARIES
(KRW in millions except earnings per share information) (KRW in millions)
For the years ended December 31, 2014 and 2013 For the years ended December 31, 2014 and 2013
64 65
Annual Report 2014Financial Review