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, Continued(ii) 2011(In millions of won)Equity profitor loss oninvestmentsOthercapitalmovementsCompanyBeginningbalanceAcquisitionsDividendsreceivedOthers(*1)EndingbalanceDoosan Infracore Co., Ltd. ₩ 1,961,018 - - 122,933 42,736 - 2,126,687Doosan Engine Co., Ltd. 662,678 - - 58,505 (193) - 720,990Doosan Engineering &218,25-Construction Co., Ltd.9- 325,949 (10,372) 356,141 889,977Doosan Capital Co., Ltd. 42,959 - - (4,705) 2,274 - 40,528Haman Industrial Complex - - - 3,310 - - 3,310Hanjung Power Ltd. 6,656 - (3,931) 4,282 4,695 - 11,702National PensionPartnership1,392 (1,900) (588) 917 179 - -Gyeonggi Expressway Co.,Ltd.28,661 - - (6,090) - - 22,571Doosan Power Systems(Scotland) Limited9,184 - - - - - 9,184PartnershipTam-la seaward windpower generation- 590 - - - - 590Shinbundang Railroad Co.,Ltd.148,080 - - - - (148,080) -Kyunggi South Road Co.,Ltd.2,652 - - - - (2,652) -The 2nd seoul-IncheonLinking Highway Co.,3,432 - - - - (3,432) -Ltd.Kyunggi Railroad Co., Ltd 4,196 - - - - (4,196) -Others 427 - - (187) (178) (38) 24₩ 2,871,335216,949(4,519) 504,914 39,141 197,743 3,825,563(*1) It includes changes in scope of consolidation (Note 12) and the effect of reclassification.52
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(3) Summarized financial information of the equity method accounted investments as of and for the yearsended December 31, 2012 and 2011 are summarized as follows:(i) 2012(In millions of won)CompanyTotal assetsTotalliabilitiesSalesNet income(loss)Doosan Infracore Co., Ltd. ₩ 11,552,841 8,556,128 8,158,351 404,020Doosan Engine Co., Ltd. 1,786,203 1,038,431 1,378,778 190,380Doosan Engineering &Construction Co., Ltd.4,065,743 3,457,955 2,377,208 (654,077)Doosan Capital Co., Ltd. 2,750,749 2,520,348 254,090 (87,863)Haman Industrial Complex 91,103 90,631 56,972 (10,116)Hanjung Power Ltd. 21,482 2,863 48,539 6,846Gyeonggi Expressway Co., Ltd. - - - -Tam-la seaward wind powergeneration20,058 2 - (72)(ii) 2011(In millions of won)CompanyTotal assetsTotalliabilitiesSalesNet income(loss)Doosan Infracore Co., Ltd. ₩ 11,703,675 9,418,474 8,463,086 310,810Doosan Engine Co., Ltd. 2,049,818 1,476,134 2,005,253 224,776Doosan Engineering &Construction Co., Ltd.5,088,198 3,822,017 2,783,315 (294,202)Doosan Capital Co., Ltd. 2,955,137 2,634,178 108,407 9,633Haman Industrial Complex 90,836 80,247 95,327 7,569Hanjung Power Ltd. 30,741 7,068 46,313 5,197Gyeonggi Expressway Co., Ltd. 765,584 615,401 54,898 (26,518)Tam-la seaward wind powergeneration213 93 - (470)(4) As the carrying amount of the equity method accounted investments reaches zero, the Company ceasedto apply equity method. The amount of unrecognized equity method losses for the year ended December 31,2012 were as follows:Accumulated Incurred Accumulated(In millions of won)up to 2011 during 2012 up to 2012Haman Industrial Complex ₩ - 1,147 1,147(5) Summarized market value information of the equity method accounted investments as of December 31,2012 and 2011 are as follows:2012 2011(In millions of won)Book value Fair value Book value Fair valueDoosan Infracore Co., Ltd. ₩ 2,154,478 1,283,659 2,126,687 1,347,842Doosan Engine Co., Ltd. 776,355 254,990 720,990 348,388Doosan Engineering &Construction Co., Ltd.396,452 317,361 889,977 384,872₩ 3,327,285 1,856,010 3,737,654 2,081,10253
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