Hyundai 2015 Annual Report Download - page 47

Download and view the complete annual report

Please find page 47 of the 2015 Hyundai annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

HYUNDAI MOTOR COMPANY Annual Report 2015
92 93
Subsidiaries
Nature of
business Location
Ownership
percentage
Indirect
ownership
Hyundai Motor Espana. S.L.U. (HMES) Sales Spain 100.00%
Hyundai Motor France SAS (HMF) ˝France 100.00%
Hyundai Motor Poland Sp. Zo. O (HMP) ˝Poland 100.00%
Hyundai Motor DE Mexico S DE RL DE CV (HMM) ˝Mexico 100.00% HT 0.01%
Hyundai de Mexico, SA DE C.V., (HYMEX) Manufacturing ˝99.99% HT 99.99%
Hyundai Rio Vista, Inc. Real estate
development USA 100.00% HT 100.00%
Hyundai Motor Brasil Montadora de
Automoveis LTDA (HMB) Manufacturing Brazil 100.00%
Hyundai Capital Brasil Servicos De
Assistencia Financeira Ltda Financing ˝100.00% Hyundai Capital
Services 100.00%
Hyundai Rotem Brasil Servicos de Engenharia Ltda. Sales ˝100.00% Hyundai Rotem 100.00%
China Millennium Corporations (CMEs) Holding
company
Cayman
Islands 59.60%
KyoboAXA Private Tomorrow Securities
Investment Trust No.12 Investment Korea 100.00%
UBS Hana Dynamic Balance Private Investment Trust 1 ˝ ˝ 100.00%
Shinhan BNPP Private Corporate
Security Investment Trust No.34 ˝ ˝ 100.00%
Miraeasset Triumph Private Equity
Security Investment Trust No.15 ˝ ˝ 100.00%
Autopia Forty-Fourth ~ Forty-Seventh
Asset Securitization Specialty Company (*) Financing ˝0.90% Hyundai Capital
Services 0.90%
Autopia Forty-Ninth ~ Fifty-Second
Asset Securitization Specialty Company (*) ˝ ˝ 0.50% Hyundai Capital
Services 0.50%
Autopia Fifty-Fourth ~ Fifty-Ninth
Asset Securitization Specialty Company (*) ˝ ˝ 0.50% ˝
HB the Fourth Securitization Specialty Company (*) ˝ ˝ 0.31% Hyundai Capital
Services 0.31%
Privia the Fourth ~ Fifth Securitization
Specialty Co., Ltd. (*) ˝ ˝ 0.50% Hyundai Card 0.50%
Super Series First Securitization
Specialty Co., Ltd. (*) ˝ ˝ 0.50% ˝
Hyundai CHA Funding, LLC ˝USA 100.00% HCA 100.00%
Hyundai Lease Titling Trust ˝ ˝ 100.00% ˝
Hyundai HK Funding, LLC ˝ ˝ 100.00% ˝
Hyundai HK Funding Two, LLC ˝ ˝ 100.00% ˝
Hyundai HK Funding Three, LLC ˝ ˝ 100.00% ˝
Hyundai ABS Funding, LLC ˝ ˝ 100.00% ˝
HK Real Properties, LLC ˝ ˝ 100.00% ˝
Hyundai Auto Lease Offering, LLC ˝ ˝ 100.00% ˝
Hyundai HK Lease, LLC ˝ ˝ 100.00% ˝
Subsidiaries
Nature of
business Location
Ownership
percentage
Indirect
ownership
Extended Term Amortizing Program, LLC Financing USA 100.00% ˝
Hyundai Protection Plan, Inc. Insurance ˝100.00% ˝
Hyundai Protection Plan Florida, Inc. ˝ ˝ 100.00% ˝
Hyundai Capital Insurance Services, LLC ˝ ˝ 100.00% ˝
Hyundai Capital Insurance Company ˝ ˝ 100.00% ˝
Power Protect Extended Services, Inc. ˝ ˝ 100.00% ˝
Power Protect Extended Services Florida, Inc. ˝ ˝ 100.00% ˝
(*) The Group is considered to have substantial control over the entities by virtue of an agreement with other investors or relationship with structured entities.
(2) Summarized financial position and results of operations of the Company’s major consolidated subsidiaries as of and
for the yearended December 31, 2015 are as follows:
In millions of Korean Won
Name of subsidiaries Assets Liabilities Sales
Profit (loss)
for the year
Hyundai Capital Services, Inc. (*) ￦ 24,307,583 ￦ 20,812,697 ￦ 2,939,138 ￦ 276,714
Hyundai Card Co., Ltd. (*) 13,351,438 10,857,406 2,652,891 186,762
Hyundai Rotem Company (*) 5,043,947 3,606,282 3,309,109 (304,495)
Hyundai KEFICO Corporation (*) 1,275,832 754,598 1,805,984 24,298
HCA (*) 37,447,867 34,533,886 7,012,831 214,868
HMA 7,800,728 5,065,377 17,079,229 (162,823)
HMMA 3,675,429 1,344,568 7,509,545 282,045
HMMC 3,157,780 1,357,009 5,793,632 267,587
HMI (*) 2,334,518 1,133,387 5,403,944 190,455
HME (*) 1,540,119 1,529,807 7,334,788 4,406
HACC (*) 1,033,652 571,390 2,809,899 54,326
HMMR 958,083 703,679 1,930,074 (17,626)
HMCA 778,638 560,469 1,903,433 30,695
(*) Based on the subsidiary’s consolidated financial statements.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
AS OF AND FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014