13th Mar 2009 08:58
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure date : March 13, 2009
Disclosure title : Guarantee of Debt Payment for the Third Party
1. Name of Debtor : HMMC (Czech Republic)
- Relationship to Company : Overseas Subsidiary
2. Details of Guaranteed Debt :
- Amount of Guarantee (A): KRW 575,781,000,000
- Amount of Shareholder's Equity as the End of 2008 (B): KRW 19,652,291,000,000
- Portion (A)/(B) : 2.93%
- Applicability as a Large Scale Corporation : Yes
- Duration of Guarantee : March 13, 2009 ~ March 12, 2012
- Name of Creditor : The Export-Import Bank of Korea
- Accumulated Balance of Debt Payment Guaranteed by HMC : KRW 5,792,263,000,000
3. BOD Resolution Date : March 13, 2009
- Participation of outside directors : 5 of 5
- Participation of audit committee member : yes
4. Factors of consideration:
- The above guarantee amount is based on exchange rates for March 13, 2009(KRW 1,919.27 / 1EUR).
- The above Duration of Guarantee is based on the BOD Resolution Date. The actual duration of guarantee is 3 years from the signing of contract.
- The "Accumulated Balance of Debt Payment Guaranteed by HMC" in #2 above includes the current disclosure amount (KRW 575,781,000,000) and is based on exchange rates for March 13, 2009 (KRW 1,487.40 / 1 USD , KRW 1,522.49 / 100 JPY ,
KRW 1,919.27 / 1 EUR , KRW 2,072.32 / 1 GBP , KRW 1,162.67 / 1 CAD , KRW 773.3 / 1 NZD)
- Other Related Resolution
(a) Debtor : HMFC (USA)
(b) Amount of Guarantee : KRW 400,000,000,000
(c) Duration of Guarantee : 3 years from the signing of contract
"Accumulated Balance of Debt Payment Guarantee per Debtor"
|
Debtor |
Relationship |
Amount of Debt Guarantee (KRW) |
Duration of Debt Guarantee |
Note |
|
Hyundai Merchant Marine |
Other |
269,231,000,000 |
00.03.31~20.03.31 |
|
|
Hyundai Rotem |
Subsidiary |
325,318,000,000 |
05.12.15~20.02.13 |
Contract Guarantee |
|
HMA |
Overseas Subsidiary |
444,000,000,000 |
07.04.02~09.09.19 |
|
|
HMMA |
Overseas Subsidiary |
775,520,000,000 |
05.04.25~15.04.24 |
|
|
HAC |
Overseas Subsidiary |
19,281,000,000 |
98.04.21~09.07.20 |
|
|
HMFC |
Overseas Subsidiary |
970,880,000,000 |
01.08.24~11.08.23 |
|
|
HMI |
Overseas Subsidiary |
370,000,000,000 |
06.12.27~14.10.04 |
|
|
HME |
Overseas Subsidiary |
36,058,000,000 |
08.07.08~09.12.23 |
|
|
HMETC |
Overseas Subsidiary |
94,890,000,000 |
08.06.12~11.06.12 |
|
|
HMMC |
Overseas Subsidiary |
702,186,000,000 |
08.04.22~10.08.19 |
|
|
HMUK |
Overseas Subsidiary |
41,008,000,000 |
08.08.14~09.08.16 |
|
|
HMJ |
Overseas Subsidiary |
45,588,000,000 |
08.04.08~09.03.31 |
|
|
HMJ R&D |
Overseas Subsidiary |
8,358,000,000 |
08.05.23~09.05.22 |
|
|
HMP |
Overseas Subsidiary |
9,489,000,000 |
08.01.01~10.12.31 |
|
|
HT |
Overseas Subsidiary |
116,920,000,000 |
08.02.22~11.02.21 |
|
|
Smart Alabama LLC |
Overseas Subsidiary |
177,600,000,000 |
06.06.27~11.07.31 |
|
|
HATCI |
Overseas Subsidiary |
29,600,000,000 |
07.09.30~09.09.28 |
|
|
HJMSC |
Overseas Subsidiary |
2,960,000,000 |
08.05.16~09.05.15 |
|
|
Beijing Mobis Transmission Co., Ltd. |
Overseas Subsidiary |
22,395,000,000 |
05.07.20~10.07.20 |
|
|
UTS |
Other |
355,200,000,000 |
06.06.16~11.12.31 |
Contract Guarantee |
|
HMMC |
Overseas Subsidiary |
575,781,000,000 |
3 years from the Signing of Contract |
BOD Resolution (March 13, 2009) |
|
HMFC |
Overseas Subsidiary |
400,000,000,000 |
3 years from the Signing of Contract |
BOD Resolution (March 13, 2009) |
*Disclosure conducted in accordance to the Capital Market and Financial Investment Business Act
Related Shares:
Hyundai Mtr.gdr