Hyundai 2015 Annual Report Download - page 87

Download and view the complete annual report

Please find page 87 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
172 173
(5) Hyundai Card Co., Ltd, a subsidiary of the Company, has a Revolving Credit Facility Agreement which credit line is ￦ 490,000
million with Kookmin Bank and 8 other financial institutions, as of December 31, 2015.
38. SEGMENT INFORMATION:
(1) The Group has a vehicle segment, a finance segment and other segments. The vehicle segment is engaged in the
manufacturing and sale of motor vehicles. The finance segment operates vehicle financing, credit card processing
and other financing activities. Other segments include the R&D, train manufacturing and other activities, which can-
not be classified in the vehicle segment or in the finance segment.
(2) Sales and operating income by operating segments for the years ended December 31, 2015 and 2014 are as follows:
In millions of Korean Won
For the year ended December 31, 2015
Vehicle Finance Others
Consolidation
adjustments Total
Total sales ￦ 107,818,185 ￦ 12,685,655 ￦ 7,914,529 ￦ (36,459,633) ￦ 91,958,736
Inter-company sales (35,138,507) (249,562) (1,071,564) 36,459,633 -
Net sale 72,679,678 12,436,093 6,842,965 -91,958,736
Operating income 5,142,317 914,982 117,730 182,877 6,357,906
In millions of Korean Won
For the year ended December 31, 2014
Vehicle Finance Others
Consolidation
adjustments Total
Total sales ￦ 105,798,039 ￦ 10,997,532 ￦ 7,241,540 ￦ (34,780,792) ￦ 89,256,319
Inter-company sales (33,489,970) (227,146) (1,063,676) 34,780,792 -
Net sale 72,308,069 10,770,386 6,177,864 -89,256,319
Operating income 5,806,836 1,061,001 191,621 490,528 7,549,986
(3) Assets and liabilities by operating segments for the years ended December 31, 2015 and 2014 are as follows:
In millions of Korean Won
As of December 31, 2015
Vehicle Finance Others
Consolidation
adjustments Total
Total assets ￦ 93,570,094 ￦ 76,064,850 ￦ 8,081,961 ￦ (12,348,959) ￦ 165,367,946
Total liabilities 33,640,160 66,658,218 5,367,418 (7,179,251) 98,486,545
Borrowings and debentures 5,113,356 58,965,385 3,076,764 (2,223,165) 64,932,340
In millions of Korean Won
As of December 31, 2014
Vehicle Finance Others
Consolidation
adjustments Total
Total assets ￦ 85,791,905 ￦ 65,894,361 ￦ 7,035,554 ￦ (11,496,703) ￦ 147,225,117
Total liabilities 30,424,220 56,783,188 4,162,456 (6,765,312) 84,604,552
Borrowings and debentures 4,393,547 49,644,731 2,142,616 (1,922,962) 54,257,932
(4) Sales by region where the Group’s entities are located in for the years ended December 31, 2015 and 2014 are as
follows:
In millions of Korean Won
For the year ended December 31, 2015
Korea
North
America Asia Europe Others
Consolidation
adjustments Total
Total sales ￦ 55,909,081 ￦ 36,394,997 ￦ 7,434,827 ￦ 26,619,037 ￦ 2,060,427 ￦ (36,459,633) ￦ 91,958,736
Inter-company sales (15,241,648) (7,267,377) (348,372) (13,601,572) (664) 36,459,633 -
Net sales 40,667,433 29,127,620 7,086,455 13,017,465 2,059,763 -91,958,736
In millions of Korean Won
For the year ended December 31, 2014
Korea
North
America Asia Europe Others
Consolidation
adjustments Total
Total sales ￦ 54,344,055 ￦ 33,998,857 ￦ 6,732,058 ￦ 26,488,776 ￦ 2,473,365 ￦ (34,780,792) ￦ 89,256,319
Inter-company sales (14,443,717) (7,185,075) (562,985) (12,584,985) (4,030) 34,780,792 -
Net sales 39,900,338 26,813,782 6,169,073 13,903,791 2,469,335 -89,256,319
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
AS OF AND FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014