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

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, Continued(*2) Though the Group had less than 20% of the ownership, the Group had significant influence on thefinancial and operating policy decisions through representation in the board of directors.(*3) These are accounted for using equity method as they are jointly controlled entities though the Group hasmore than 50% of the ownership.(*4) In 2012, the Group reclassified Gyeonggi Expressway Co., Ltd. to asset held for sale due to the decisionto sell (Note 38) and the related investments are pledged as collateral for project financing of GyeonggiExpressway.(2) Changes in investments in companies accounted for using equity method for the years ended December31, 2012 and 2011 are summarized as follows:(i) 2012(In millions of won)Equity profitor loss oninvestmentsCompanyBeginningbalanceAcquisitionsDividendsreceivedOther capitalmovementsOthers(*1)EndingbalanceDoosan Infracore Co.,Ltd.₩ 2,126,687 - - 142,918 (115,127) - 2,154,478Doosan Engine Co., Ltd. 720,990 - - 62,316 (6,951) - 776,355Doosan Engineering &Construction Co., Ltd.889,977 - - (490,385) (3,140) - 396,452Doosan Capital Co., Ltd. 40,528 - - (15,761) (787) - 23,980Haman IndustrialComplex .3,310 - - (3,310) - - -Hanjung Power Ltd. (*3) 11,702 - (4,971) 3,677 (1,098) - 9,310Gyeonggi ExpresswayCo., Ltd.22,571 - - - - (22,571) -Doosan Power Systems(Scotland) LimitedPartnershipTam-la seaward windpower generation9,184 - - - - (9,184) -590 6,862 - (195) (36) - 7,221Others 24 - - - - 2 26₩ 3,825,563 6,862 (4,971) (300,740) (127,139) (31,753) 3,367,82251