Hyundai 2007 Annual Report Download - page 79

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77
HYUNDAI MOTOR COMPANY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2007 AND 2006
7. INVESTMENT SECURITIES ACCOUNTED FOR USING THE EQUITY METHOD:
(1) Investment securities accounted for using the equity method as of December 31, 2007 consist of the following:
Affiliated company Acquisition Net equity Book value Acquisition Net equity Book value Ownership
cost value cost value percentage (*2)
Hyundai Steel Company 245,153 873,814 577,540 $261,301 $931,373 $615,583 21.39
Korea Space & Aircraft Co., Ltd. 159,800 89,514 89,321 170,326 95,410 95,205 20.54
Hyundai MOBIS 118,993 450,956 450,841 126,831 480,661 480,538 17.79
Eukor Car Carriers, Inc.(*2) 48,912 118,315 104,164 52,134 126,109 111,025 20.00
HK Mutual Savings Bank 45,717 37,605 29,504 48,728 40,082 31,447 18.64
Korea Economy Daily 34,141 28,867 31,854 36,390 30,768 33,952 24.90
Kia Tigers Co., Ltd. (*1) 20,300 (437) - 21,637 (466) - 100.00
Donghui Auto Co., Ltd. 10,530 8,572 9,303 11,224 9,137 9,916 35.10
Asset Management Co., Ltd. 10,067 59,262 57,111 10,730 63,166 60,873 19.99
TRW Steering Co., Ltd. 8,952 4,797 4,797 9,542 5,113 5,113 29.00
Wisco Co., Ltd. 1,736 8,285 6,782 1,850 8,831 7,229 38.63
Iljin Bearing Co., Ltd 826 16,109 16,109 881 17170 17170 20.00
Daesung Automotive Co., Ltd. 400 10,714 10,714 427 11420 11420 20.00
Beijing-Hyundai Motor Company 339,395 522,667 516,196 361,751 557,096 550,198 50.00
Kia Motors Manufacturing
Georgia Inc. (*1) 75,056 73,964 74,425 80,000 78,836 79,327 80.00
Hyundai Motor Deutschland GmbH 6,761 18,402 17,908 7,207 19,614 19,088 30.00
Hyundai Motor Hungary (*3) 5,415 2,192 2,283 5,772 2,336 2,433 100.00
Hyundai Motor Commonwealth of
Independent States (*1) 3,959 18,989 18,333 4,220 20,240 19,541 80.00
Dymos India Automotive Private
Limited (*1) 3,722 3,722 3,722 3,967 3,967 3,967 100.00
Beijing Lear Dymos Automotive
Systems Co., Ltd. 2,662 3,694 3,809 2,838 3,937 4,061 40.00
Dymos Czech Republic s.r.o (*1) 2,553 898 898 2,721 957 957 100.00
Eurotem DEMIRYOLU ARACLARI
SAN. VE TIC A.S. (*1) 1,892 1,538 1,538 2,017 1,639 1,639 50.50
Yan Ji Kia Motors A/S (*1) 1,792 1,792 1,792 1,910 1,910 1,910 100.00
Autoever systems
Europe GmbH (*1) 1,534 1,745 1,745 1,635 1,860 1,860 100.00
Hyundai Motor Japan
R&D Center Inc. (*1) 1,510 1,939 1,939 1,609 2,067 2,067 100.00
Hysco Czech S.R.O (*1) 745 745 745 794 794 794 100.00
(%)
Translation into
U.S. Dollars (Note 2)
(In thousands)
Korean Won
(In millions)