Kia 2015 Annual Report Download - page 121

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(c) Significant transactions which occurred in funding with related companies for the years ended December 31, 2015 and 2014 are summarized as
follows:
(In millions of won)
2015 2014
Involvement in paid-in capital increase of associates
₩
26,991 156,098
Involvement in paid-in capital increase of other related companies 7,155 3,636
(d) Executive compensation of the Company for each of the following categories for the years ended December 31, 2015 and 2014 are summarized
as follows:
(In millions of won)
2015 2014
Compensation
Salaries
₩
56,709 59,182
Retirement and severance benefits 13,375 11,715
Total
₩
70,084 70,897
34. Date of Authorization for Issue
The consolidated financial statements were authorized for issue on January 27, 2016, at the Board of Directors meeting, and it is expected to be
submitted for approval on March 18, 2016, at the general meeting of stockholders.
35. Subsequent Event
On January 5, 2016, the Company acquired 19,960,795 common shares (20.1%) of Hyundai Capital services INC from IGE USA Investment for
₩
607,088 million.
115
ANNUAL REPORT 2015 |