HYUNDAI motors Balance sheet & working capital (From operating

activity) (2014-18)

January-December.
(All values KRW
Millions.) 2018 2017 2016 2015 2014

Net Income before

1,645,019 4,546,400 5,719,653 6,509,165 7,649,468
Extraordinaries

Net Income
-63.82% -20.51% -12.13% -14.91% -
Growth

Depreciation,
Depletion & 3,750,677 3,518,581 3,347,363 2,780,768 2,538,767
Amortization

Depreciation and
2,347,095 2,243,739 2,153,172 1,959,461 1,832,672
Depletion

Amortization of
1,403,582 1,274,842 1,194,191 821,307 706,095
Intangible Assets

Other Funds 7,961,378 7,241,692 5,495,076 5,455,900 4,353,759

Funds from
13,357,074 15,306,673 14,562,092 14,745,833 14,541,994
Operations

Changes in Working
(9,592,809) (11,384,252) (13,565,128) (13,497,418) (12,421,149)
Capital

Receivables (4,457,451) (1,999,302) 637,986 (5,106,376) (4,467,376)

Inventories (686,275) (726,406) (1,324,465) (1,999,181) (804,120)

Accounts Payable 1,250,595 40,271 (380,363) 240,497 824,354

Other
(5,699,678) (8,698,815) (12,498,286) (6,632,358) (7,974,007)
Assets/Liabilities

Net Operating Cash

3,764,265 3,922,421 996,964 1,248,415 2,120,845
Flow

Net Operating
Cash Flow -4.03% 293.44% -20.14% -41.14% -
Growth
 Net Operating
3.89% 4.07% 1.06% 1.36% 2.38%
Cash Flow / Sales

HYUNDAI motors cash flow statement (From inventing activity)

(2014-18)

All values KRW

Millions. 2018 2017 2016 2015 2014

Capital
(4,859,197) (4,518,126) (4,377,513) (9,359,865) (4,725,895)
Expenditures

Capital
Expenditures
(3,226,486) (3,055,023) (2,971,161) (8,141,729) (3,353,809)
(Fixed
Assets)

Capital
Expenditures
(1,632,711) (1,463,103) (1,406,352) (1,218,136) (1,372,086)
(Other
Assets)

Capital
Expenditures -7.55% -3.21% 53.23% -98.05% -
Growth

Capital
Expenditures -5.02% -4.69% -4.67% -10.18% -5.29%
/ Sales

Net Assets from

- (1,784) (98,965) (86,613) -
Acquisitions

Sale of Fixed
Assets & 110,397 193,587 193,028 161,711 505,909
Businesses

Purchase/Sale
2,302,476 (381,440) (849,497) 1,193,819 (2,051,548)
of Investments

Purchase of (13,153,089
(436,114) (531,646) (861,988) (3,318,775)
Investments )

Sale/Maturit
y of 2,738,590 150,206 12,491 4,512,594 11,101,541
Investments

Other Uses (153,805) (218,411) (1,993,270) (78,076) (50,971)

 All values KRW
Millions. 2018 2017 2016 2015 2014

Other Sources 88,025 257,210 777,614 108,736 133,144

Net Investing
(2,512,104) (4,668,964) (6,348,603) (8,060,288) (6,189,361)
Cash Flow

Net Investing
Cash Flow 46.20% 26.46% 21.24% -30.23% -
Growth

Net Investing
Cash Flow / -2.59% -4.84% -6.78% -8.77% -6.93%
Sales

HYUNDAI motors debt & dividends & cash flow (From Financing
activity) (2014-18)

All values KRW

Millions. 2018 2017 2016 2015 2014

Cash Dividends
(1,076,734) (1,079,495) (1,079,544) (1,085,927) (534,409)
Paid - Total

Common
(1,076,734) (1,079,504) (1,079,544) (1,085,927) (408,076)
Dividends

Preferred
- - - - (126,333)
Dividends

Change in Capital
(454,734) - (261,552) (314,945) (144,973)
Stock

Repurchase of
Common & (454,734) - (261,552) (314,945) (144,973)
Preferred Stk.

Issuance/Reduction
500,941 3,215,832 7,124,760 8,876,988 5,292,491
of Debt, Net

Change in
2,167,765 1,345,789 (1,369,186) 1,887,238 1,412,120
Current Debt

Change in Long-
(1,666,824) 1,870,043 8,493,946 6,989,750 3,880,371
Term Debt
All values KRW
Millions. 2018 2017 2016 2015 2014

Issuance of
28,134,1 27,509,14 28,132,10 19,001,1
Long-Term 18,561,982
52 4 0 38
Debt

Reduction in
(26,264, (19,015,1 (21,142,3 (15,120,
Long-Term (20,228,806)
109) 98) 50) 767)
Debt

Other Funds 149,735 (30,595) (55,393) (262,449) 88,219

Other Uses (149,505) (59,166) (55,393) (316,352) (83,166)

Other Sources 299,240 28,571 - 53,903 171,385

Net Financing Cash

(880,792) 2,105,742 5,728,271 7,213,667 4,701,328
Flow

Net Financing
Cash Flow -141.83% -63.24% -20.59% 53.44% -
Growth

Net Financing
Cash Flow / -0.91% 2.18% 6.12% 7.84% 5.27%
Sales

Exchange Rate
(79,273) (427,759) 181,994 (166,844) (408,729)
Effect

Net Change in Cash 292,096 931,440 558,626 234,950 224,083

Free Cash Flow 537,779 867,398 (1,974,197) (6,893,314) (1,232,964)

Free Cash Flow

-38.00% 143.94% 71.36% -459.08% -
Growth

Free Cash Flow

-1.70% - - - -
Yield