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DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD. AND ...

DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD. AND ...

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Doosan Heavy Industries & Construction Co., Ltd. and SubsidiariesNotes to the Consolidated Financial StatementsFor the years ended December 31, 2012 and 201112. Information on Equity Method Investments(1) Investments in companies accounted for using the equity method as of December 31, 2012 and 2011 aresummarized as follows:(i) 2012Doosan Engine Co., Ltd. Dec.31 42.66 662,678 776,355 319,013Doosan Engineering &Construction Co., Ltd. (*1)Dec.31 72.74 574,401 396,452 442,131Doosan Capital Co., Ltd. (*2) Dec.31 16.65 20,000 23,980 23,980Haman Industrial Complex. (*3) Dec.31 53.33 2,400 - 252Hanjung Power Ltd. (*3) Dec.31 51.00 4,364 9,310 9,496Gyeonggi Expressway Co., Ltd.(*4)Dec.31 25.00 - - -Doosan Power Systems(Scotland) LimitedDec.31 31.30 - - -PartnershipTam-la seaward wind powergenerationDec.31 36.00 7,452 7,221 7,221Others - - 359 26 26₩ 3,295,305 3,367,822 1,897,434(ii) 2011(In millions of won)CompanyReportingdateOwnership(%)AcquisitioncostBookvalueProportionateshare of netassetsDoosan Infracore Co., Ltd. Dec.31 44.77 ₩ 2,023,651 2,154,478 1,095,315(In millions of won)CompanyReportingdateOwnership(%)AcquisitioncostBookvalueProportionateshare of netassetsDoosan Infracore Co., Ltd. Dec.31 44.77 ₩ 2,023,651 2,126,687 826,549Doosan Engine Co., Ltd. Dec.31 42.66 662,678 720,990 244,744Doosan Engineering &Construction Co., Ltd. (*1)Dec.31 72.74 574,401 889,977 921,075Doosan Capital Co., Ltd. (*2) Dec.31 16.65 20,000 40,528 40,527Haman Industrial Complex. (*3) Dec.31 53.33 2,400 3,310 5,647Hanjung Power Ltd. (*3) Dec.31 51.00 4,364 11,702 12,073Gyeonggi Expressway Co., Ltd.(*4)Dec.31 25.00 60,412 22,571 37,546Doosan Power Systems(Scotland) LimitedDec.31 31.30 9,184 9,184 9,184PartnershipTam-la seaward wind powergenerationDec.31 36.00 590 590 590Others - - 359 24 24₩ 3,358,039 3,825,563 2,097,959(*1) In 2011, the Controlling Company issued exchangeable bonds for the stock of Doosan Engineering &Construction Co., Ltd. (‘‘DE&C’’) which resulted in decrease of potential voting rights of the Group toless than 50%. As the Group lost control over DE&C, DE&C was no longer a subsidiary. The relatedcumulated comprehensive income was also reclassified to profit and loss.50

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