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Change in sales revenue or profit exceeding 30%

27th Jan 2011 09:42

RNS Number : 1820A
Hyundai Motor Company
27 January 2011
 



HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

 

 

 

 

Disclosure Date : January 27, 2011

Disclosure Title : Change in sales revenue or profit exceeding 30% (15% or more in the case of large-sized corporation)

 

 

1. Business Results :

- Contents of change in Sales revenue or Profit

* Income statements

1.Decrease in sales revenue

 - ratio of sales increase(%)

15.4

 - sales in the current FY (KRW million)

KRW 36,769,426(FY 2010)

 - sales in the previous FY (KRW million)

KRW 31,859,327(FY 2009)

2.Increase in Operating Profit(OP)

 - ratio of OP increase(%)

44.4

- OP in the current FY (KRW million)

KRW 3,226,617(FY 2010)

- OP in the current FY (KRW million)

KRW 2,234,962(FY 2009)

3. Increase in Recurring Profit (RP)

 - ratio of RP increase(%)

66.8

- RI in the current FY (KRW million)

KRW 6,307,893(FY 2010)

- RI in the current FY (KRW million)

KRW 3,781,312(FY 2009)

4. Increase in Net Income (NI)

 - ratio of NI increase(%)

77.8

- NI in the current FY (KRW million)

KRW 5,266,971(FY 2010)

- NI in the current FY (KRW million)

KRW 2,961,509(FY 2009)

 

* Balance Sheets

(KRW million)

FY 2010

FY 2009

Total Assets

41,067,680

35,446,135

Total Liabilities

13,720,878

13,417,112

Capital Stock(a)

1,488,993

1,488,993

Total Shareholders' equity(b)

27,346,802

22,029,023

(b) / (a) ratio (%)

1,836.6

1,479.5

 

2. Causes for change

- Increase in sales revenue and operating profit due to increase in export volume, etc.

- Increase in gain on valuation of investment securities accounted for using equity method due to robust business performance of overseas subsidiaries.

 

3. Date of Board Resolution : January 27, 2011

- Attendance of Outside Directors : 4 out of 4

- Attendance of auditors : Yes

 * Hyundai Motor Company's audit committee members are all

outside directors

 

4. Others

- The above amount may be changed depending on the results of the auditor's review.

- The above amount has been rounded up to nearest KRW million.

- The above results is parent only.

- Detailed results can be downloaded from the Company homepage (http://worldwide.hyundai.com> Company Overview > Investor Relations > Current Topic >IR Presentation)

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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