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Change in transaction with affiliated company

13th May 2011 10:40

RNS Number : 5601G
Hyundai Motor Company
13 May 2011
 



 

 

HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
 
 
 
Disclosure date : May 13, 2011
Disclosure title : Change in Transaction with Affiliated Company Controlled by Same Person*
 
Details of Transaction :
(Unit : KRW 100 million)
1. FY10 Revenue : 367,694
 
2. Amount of Transaction between HMC and Affiliated Company Controlled by Same Person

Name of Affiliate : Hyundai Glovis
Before
Change
Sales To
1,145
Purchase From
1,829
Total (% of Revenue)
2,974 (0.8)
After
Change
Sales To
734
Purchase From
1,402
Total (% of Revenue)
2,136 (0.6)
 
3. Reason for Change : transaction amount is lower than planned
 
4. Others : Above change is applied to 1Q 2011 transaction plan
 
* Related disclosure : October 28, 2010
 
 
 
 
1. FY10 Revenue : 367,694
 
2. Amount of Transaction between HMC and Affiliated Company Controlled by Same Person

Name of Affiliate : Hyundai AMCO
Before
Change
Sales To
10
Purchase From
1,009
Total (% of Revenue)
1,019 (0.3)
After
Change
Sales To
11
Purchase From
754
Total (% of Revenue)
765 (0.2)
 
3. Reason for Change : transaction amount is lower than planned
 
4. Others : Above change is applied to 1Q 2011 transaction plan
 
* Related disclosure : October 28, 2010
 
 
 
1. FY10 Revenue : 367,694
 
2. Amount of Transaction between HMC and Affiliated Company Controlled by Same Person

Name of Affiliate : Hyundai Autoeversystems
Before
Change
Sales To
-
Purchase From
570
Total (% of Revenue)
570 (0.2)
After
Change
Sales To
-
Purchase From
418
Total (% of Revenue)
418 (0.1)
 
3. Reason for Change : transaction amount is lower than planned
 
4. Others : Above change is applied to 1Q 2011 transaction plan
 
* Related disclosure : October 28, 2010
 
 
 
1. FY10 Revenue : 367,694
 
2. Amount of Transaction between HMC and Affiliated Company Controlled by Same Person

Name of Affiliate : Innocean
Before
Change
Sales To
-
Purchase From
377
Total (% of Revenue)
377 (0.1)
After
Change
Sales To
-
Purchase From
173
Total (% of Revenue)
173 (0.04)
 
3. Reason for Change : transaction amount is lower than planned
 
4. Others : Above change is applied to 1Q 2011 transaction plan
 
* Related disclosure : October 28, 2010
 
 
 
 
* “Affiliated Companies Controlled by Same Person” as defined by The Monopoly Regulation and Fair Trade Act refers to companies where a single individual and/or his relations owns a combined share of 30% for non-listed companies and 50% for listed companies.
 
 
This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUOOKRANAVARR

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