Change in Sales revenue or...

27 Jan 2006 08:38

Hyundai Motor Company27 January 2006 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure Date : January 26, 2006 Disclosure Title : Change in sales revenue or profit exceeding 30% or more(15% or more in the case of large-sized corporation) compared with that of the Latest Fiscal Year 1. Business Results : - Contents of change in Sales or Profit * Income statements 1.Decrease in sales revenue - ratio of sales decrease(%) -0.3 - sales in the current FY (KRW million) KRW 27,383,737(FY 2005) - sales in the previous FY (KRW million) KRW 27,472,457(FY 2004) 2.Decrease in Operating Profit(OP) - ratio of OP decrease(%) -30.1 - OP in the current FY (KRW million) KRW 1,384,143 (FY 2005) - OP in the current FY (KRW million) KRW 1,981,414 (FY 2004) 3. Increase in Recurring Income (RI) - ratio of RI decrease(%) +9.5 - RI in the current FY (KRW million) KRW 2,739,058 (FY 2005) - RI in the current FY (KRW million) KRW 2,500,338 (FY 2004) 4. Increase in Net Income (NI) - ratio of NI decrease(%) +32.6 - NI in the current FY (KRW million) KRW 2,314,647 (FY 2005) - NI in the current FY (KRW million) KRW 1,745,441 (FY 2004) * Balance Sheets (KRW million) FY 2005 FY 2004 Total Asset 26,561,220 24,420,522Total Liabilities 11,608,362 11,335,743Capital Stock(a) 1,482,904 1,480,752Total Shareholders' equity(b) 14,952,858 13,084,779(b) / (a) ratio (%) 1,008.3 883.7 2. Causes for change - Decrease in Operating Profit by KRW appreciation and increase in material cost. - Increase in Recurring Income and Net Income by increase in equity earnings 3. Date of Board Resolution : January 26, 2006 - Attendance of Outside Directors : 3 out of 4 - Attendance of auditors(who are not Outside Directors):- * Hyundai Motor Company's audit committee members are all ouside directors (3 out of 3 were present) 4. Date of Shareholder's Meeting : March 10, 2006 5. Others - The above amount may be changed depending on the results of the auditor's review. This information is provided by RNS The company news service from the London Stock Exchange