Hyundai 2009 Annual Report Download - page 44

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Description 2009 2008 2009 2008
Available-for-sale securities:
Equity securities ￦ 729,273 ￦ 888,846 $ 624,591 $ 761,259
Debt securities 7,157 171,176 6,130 146,605
736,430 1,060,022 630,721 907,864
Held-to-maturity securities:
Debt securities 19,808 15,232 16,965 13,046
￦ 756,238 ￦ 1,075,254 $ 647,686 $ 920,910
6. LONG-TERM INVESTMENT SECURITIES:
(1) Long-term investment securities as of December 31, 2009 and 2008 consist of the following:
Korean Won in millions U. S. Dollars (Note 2) in thousands
HYUNDAI MOTOR COMPANY I 2010 ANNUAL REPORT I 87HYUNDAI MOTOR COMPANY I 2010 ANNUAL REPORT I 86
HYUNDAI MOTOR COMPANY
>>
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2009 AND 2008
HYUNDAI MOTOR COMPANY
>>
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2009 AND 2008
(2) Equity securities included in long-term investment securities as of December 31, 2009 consist of the following:
Korean Won in millions (%)
U.S. Dollars (Note 2)
in thousands
Companies Acquisition cost Book value Book value
Ownership
percentage (*2)
Hyundai Heavy Industries Co., Ltd. ￦ 56,924 ￦ 379,965 $ 325,424 2.88
Hyundai Oil Refinery Co., Ltd. 53,314 116,013 99,360 4.35
Seoul Metro 9th line (*3) 41,779 41,779 35,782 25.00
Doosan Capital Co., Ltd. 10,500 26,000 22,268 10.49
Mexico Boleo (KBC) 21,478 21,478 18,395 16.67
Hyundai H&S 15,005 18,785 16,089 4.07
Hyundai Merchant Marine Co., Ltd. 9,161 18,503 15,847 0.45
Hyundai Development Company 9,025 16,988 14,550 0.60
KT Corporation (*1) 8,655 9,388 8,040 0.09
Hyundai Finance Corporation 9,888 8,726 7,473 9.29
West End Restructuring Association 5,000 5,000 4,282 17.24
Hyundai Technology Investment Co., Ltd. 4,490 4,490 3,845 14.97
Industry Otomotif Komersial 4,439 4,439 3,802 15.00
Hyundai Asan Corporation 22,500 4,239 3,631 3.27
Korea Information Service, Inc. 5,252 3,951 3,384 4.41
Kihyup Finance 3,700 3,700 3,169 12.75
(*1) Due to the merger of KT Corporation and KT Freetel, the shares of KT Freetel are exchanged with the shares of KT Corporation.
(*2) In conformity with Financial Accounting Standards in the Republic of Korea, the equity securities of these affiliates were not accounted for using the equity method since
the Company believes the changes in the investment value due to the changes in the net assets of the investee, whose individual beginning balance of total assets or
paid-in capital at the date of its establishment is less than ￦10,000 million (US$8,565 thousand), are not material.
(*3) This investment security was excluded from using the equity method despite its ownership percentage exceeding twenty percentages, since there is no significant
influence on the investee.
Companies Acquisition cost Book value Book value
Ownership
percentage (*2)
Kyungnam Credit Information Service Co., Ltd. ￦ 2,500 ￦ 2,500 $ 2,141 13.66
Machinery Financial Cooperative 2,040 2,040 1,747 3.53
NESSCAP Inc. 1,997 1,997 1,710 7.30
Muan Environment System Corporation (*3) 1,848 1,848 1,583 29.90
Ubivelox Co., Ltd. (Formerly, Veloxsoft Inc.) 1,710 1,710 1,465 7.08
Hyundai Research Institute 1,359 1,271 1,089 14.90
Korea Defense Industry Association 1,250 1,250 1,071 2.66
The Sign Corporation 1,200 1,200 1,028 11.28
Heesung PM Tech Corporation 1,194 1,194 1,023 19.90
Dongbu NTS Co., Ltd. 1,134 1,134 971 19.90
Jeonbuk Hyundai Motors FC Co., Ltd. (*2) 1,000 1,000 856 100.00
NGVTEK.com (*2) 821 821 703 78.05
Micro Infinity 607 607 520 9.02
Hyundai WIA Trade Corporation (*2) 590 590 505 100.00
Hyundai RB Co., Ltd. 550 550 471 4.54
Clean Air Technology Inc. 500 500 428 16.13
International Convention Center Jeju Co., Ltd. 500 500 428 0.30
ENOVA System 2,204 403 345 0.90
Chorokmaeul Co., Ltd. (Formerly, Hankyoreh Plus Inc.) 4,800 284 243 5.43
Carnes Co., Ltd. (*2) 250 250 214 49.99
KOENTEC 50 114 98 0.20
SeAh Besteel Corporation 102 29 25 0.02
ROTIS Inc. 1,000 8 7 0.19
GM Daewoo Auto and Technology Co., Ltd. 2,187 - - 0.02
Equity investments 15,762 15,762 13,499 -
Beneficiary certificates 1,392 1,229 1,053 -
Other 8,018 7,038 6,028 -
￦ 729,273 $ 624,591
Korean Won in millions (%)
U.S. Dollars (Note 2)
in thousands