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Change in sales revenue or profit - 'Replacement'

29th Jan 2010 07:00

RNS Number : 3280G
Hyundai Motor Company
29 January 2010
 



"The following replaces the "Change in sales revenue or profit" announcement released on 28 January 2010 at 10:55 am, under RNS number 2694G (The figure in section "sales in the current FY" should read KRW 31,859,327 and not KRW 32,859,327 as previously statedAlso the figure in section "sales in the previous FY" should read KRW 32,189,786 and not KRW 31,189,786.) 

All other details remain unchanged, and the full amended text appears below."

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange

Disclosure Date : January 28, 2010

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

Business Results :

- Contents of change in Sales revenue or Profit

* Income statements

1.Decrease in sales revenue

 - ratio of sales decrease(%)

-1.0

 - sales in the current FY (KRW million)

KRW 31,859,327(FY 2009)

 - sales in the previous FY (KRW million)

KRW 32,189,786(FY 2008)

2.Increase in Operating Profit(OP)

 - ratio of OP increase(%)

19.1

- OP in the current FY (KRW million)

KRW 2,234,962(FY 2009)

- OP in the current FY (KRW million)

KRW 1,877,218(FY 2008)

3. Increase in Recurring Income (RI)

 - ratio of Rincrease(%)

110.7

- RI in the current FY (KRW million)

KRW 3,781,312(FY 2009)

- RI in the current FY (KRW million)

KRW 1,795,012(FY 2008)

4. Increase in Net Income (NI)

 - ratio of NI increase(%)

104.5

- NI in the current FY (KRW million)

KRW 2,961,509(FY 2009)

- NI in the current FY (KRW million)

KRW 1,447,904(FY 2008)

* Balance Sheets

(KRW million)

FY 2009

FY 2008

Total Assets

35,446,135

32,167,729

Total Liabilities

13,417,112

12,515,438

Capital Stock(a)

1,488,993

1,488,993

Total Shareholders' equity(b)

22,029,023

19,652,291

(b) / (a) ratio (%)

1,479.5

1,319.8

2. Causes for change

Decrease in SG&A (Selling & Administrative Expenses)

Increase in Equity Earnings

3. Date of Board Resolution : January 28, 2010

- Attendance of Outside Directors : 5 out of 5 

- 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)

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