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Independent Auditor’s Report for Financial Statements

2011.03.03 No. 679

HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange



Disclosure Date :  March 3, 2011
Disclosure Title     : Independent Auditor’s Report for Financial Statements

1. Auditor’s Opinion &

Financial Data

Current Fiscal Year

Previous Fiscal Year

A. Settlement Period

Starting

2010.01.01

2009.01.01

Ending

2010.12.31

2009.12.31

B. Opinion

Unqualified Opinion

Unqualified Opinion

C. Balance Sheet (KRW)

- Total Assets

41,067,680,000,000

35,446,135,000,000

- Total Liabilities

13,720,878,000,000

13,417,112,000,000

- Total Equity

27,346,802,000,000

22,029,023,000,000

- Shareholder’s Equity

1,488,993,000,000

1,488,993,000,000

* Total Equity/Shareholder’s Equity(%)

1,836.6%

1,479.5%

D. Statement of Income (KRW)

- Sales

36,769,426,000,000

31,859,327,000,000

- Operating Income

3,226,617,000,000

2,234,962,000,000

- Income Before Income Tax

6,307,893,000,000

3,781,312,000,000

- Net Income

5,266,971,000,000

2,961,509,000,000

2. Auditor

Deloitte Anjin LLC

3. Date of Receipt

2011.03.03

4. Consolidated financial statement submitting requirement

Yes

5. Notes

1. Financial Statements submitted by the independent auditor may change as it has not yet been approved at the General Shareholder’s Meeting.

2. The above amounts have been rounded down to nearest million.

Relevant Disclosure

2011.01.27

“Change in sales revenue or profit exceeding 30% (15% or more in the case of large-sized corporation)



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