Hyundai 2006 Annual Report Download - page 120

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116
HYUNDAI MOTOR COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2006 AND 2005
25.COMMITMENTS AND CONTINGENCIES:
(1) The Company and its consolidated subsidiaries are contingently liable for guarantees of indebtedness of related parties including
subsidiaries as of December 31, 2006 as follows:
Company providing Beneficiary companies Korean Won Translation into
guarantee of indebtedness (In millions) U.S. Dollars (Note 2)
(In thousands)
Hyundai Motor Company Hyundai Capital Co., Ltd 314,994 $338,849
Hyundai Merchant Marine 199,559 214,672
ROTEM 64,355 69,229
Hyundai Card Co., Ltd. 3,718 4,000
Hyundai Motor Manufacturing Alabama LLC 627,480 675,000
Hyundai Auto Canada Captive
Insurance Incorporation 13,444 14,462
Hyundai Motor Finance Company 669,312 720,000
Hyundai Motor Europe GmbH 29,334 31,556
HMI 92,960 100,000
Hyundai Motor Europe
Technical Center GmbH 73,334 78,888
Hyundai Motor Poland Sp.zo.o. 6,111 6,574
Hyundai Motor Japan Co. 39,092 42,052
HMJ R&D Center Inc. 4,300 4,626
Hyundai Translead 92,030 99,000
Smart Alabama LLC 111,552 120,000
Beijing Jingxian Motor
Safeguard Service Co., Ltd. 2,324 2,500
Beijing Hines Millennium Real Estate
Development Co., Ltd. 13,944 15,000
Equus Cayman Finance Ltd. 371,840 400,000
Hyundai America Technical Center Inc. 18,592 20,000
UTS 223,104 240,000
HMUK HM Revenue and Customs 10,945 11,774
ROTEM The Export-Import Bank of Korea 41,514 44,658
Hyundai HYSCO Hyundai Hysco USA, Inc. 18,592 20,000
Bejing Hyundai Hysco Steel Process Co., Ltd. 29,988 32,259
Hysco America Company, Inc 27,888 30,000
Hysco Slovakia S.R.O 15,278 16,435
Jiangsu Hyundai Hysco Steel Process Co., Ltd. 10,314 11,095
Dymos Inc. Beijing Lear Dymos Automotive Systems Co. 2,975 3,200
Amco town Contractors 48,971 52,680
MSEAT Corp. Dymos Inc. 19,643 21,131
WIA Corp. WIA Automotive Parts 9,296 10,000
Hyundai-Kia Machine America Corp. 24,170 26,000
Hyundai-Kia Machine Europe GmbH 5,500 5,917