Go Global! Annual Report Global Hyundai! 217-218 ELEVATING VALUES FOR THE FUTUREURE
Annual Report Hyundai Elevator Annual Report 217-218 LEAP 1 Our Review of the Year INTO 3 Our Business & Competences THE 2 Our Achievements 5 Financial and Non-Financial Statements 1 2 3 4 4 FUTURE Our Sustainability 5 6 2 3
COMPANY HISTORY LEAP 1 Our Review of the Year INTO 1 2 3 Our Business & Competences 2 Our Achievements Since 198s Establishment 1984~1989 1984.5 1985.5 1986.9 1988.7 199s Momentum 199~1999 1993.8 1993.9 1995.11 1996.7 1998.3 2s Growth 21~29 21.7 24.9 25.2 26.3 29.4 29.4 29.7 29.11 21s Go Global! 21~218 21.6 211.12 212.2 213.3 213.3 214.1 214.1 214.4 214.6 214.12 215.2 215.3 215.8 215.9 215.11 216.4 216.7 216.8 216.9 ö Ş 216.9 216.1 216.1 216.11 216.12 217.3 217.3 217.6 217.6 217.7 217.9 217.1 217.11 217.12 218.3 THE FUTURE 4 Our Sustainability 3 4 5 Financial and Non-Financial Statements 5 6
Annual Report WHO WILL REACH 6 5 4 3 2 1 THE SKY FIRST? THE CITY IS ALWAYS MOVING HIGHER 27 38
Annual Report BUT WE THINK Hyundai ie Elevator 217-218 2 18 6 5 4 3 2 1 ABOVE ALL THERE ARE PEOPLE INSIDE THAT MOVEMENT Hyundai ielev Elevator 217-218 49 5 1
>> Annual Report CEO Message >> KOREA NO. 1, GLOBAL TOP 7 6 7
Annual Report 9 8 GOVERNANCE 26.1 13.7 1,69 78 1,827* 7 12.5 873 7 215 216 217
Financial Performance COMPANY PROFILE FINANCIAL PERFORMANCE Performance Highlight 217 19,937 215 216 217 14,487 17,588 19,937 41.9% 26.1% 215 216 217 1,353 1,565 1,816 1,353 5.% 9.9% 17.1% 44.1% 1
18 19 1 COMPANY PROFILE Annual Report Performance Highlight 217 6,418 7,911 8,353 215 216 17,727 21,76 22,877 215 216 217 217 22,877 8,353 216 21,76 1,451 1,625 13,165 7,194 5,971 7,911 7,785 126 215 17,727 1,148 7,579 11,39 6,477 4,831 6,418 6,415 3 217 22,877 9,452 13,424 14,524 7,658 6,866 8,353 8,363 (11) 216 17,588 13,636 3,951 2,136 1,816 189 1,169 215 14,487 11,38 3,16 1,541 1,565 34 (5) 217 19,937 16,15 3,787 2,434 1,353 1,292 79 NO.1 NO.1 23,161 24,939 2,166 145,889 Financial Performance 26.1% 5.% 17.1% 9.9% 41.9%
News Highlight 217 NEWS HIGHLIGHT 217 March. 12. October. 1. May. 3. June. November. 1. January. 9. March. 15. October. June. 28. September. 4. December. 14 15
Vision and Strategy VISION AND STRATEGY Global Top 7 by 22 How to Win 218 217 216 15,21 17,1 17,69 GTM (Go-to-Market) Framework Where to Play VISION & STRATEGY GO GLOBAL! Service Excellence Global Competence Respect Talent Safety & Ethics 16 17
Vision and Strategy Annual Report 19 18 GLOBAL STRATEGIES BY REGION 5,825 +19.7% +27.6% 3, +3% +29
Major Achievements MAJOR ACHIEVEMENTS 2 18 2 21
Major Achievements (BIFC): KOREA SM FOUR E-COM: PHILLIPINES BIFC max. 6m/min 32 elevators 14 escalators SM FOUR E-COM 28 29 max. 15m/min 42 elevators
Major Achievements SECURITY FORCES MEDICAL CITY: SAUDI ARABIA Security Forces Medical City max. 12m/min 284 elevators 24 escalators 3 31
Major Achievements : KOREA METROPOL: TURKEY max. 36m/min 18 elevators Metropol 32 33 max. 36m/min 127elevators 24 escalators
Major Achievements WATERFRONT: SRI LANKA Water -front max. 18m/min 91elevators 27escalators 34 35
Major Achievements : KOREA : KOREA max. 24m/min 33elevators 1 escalators 36 max. 24m/min 1elevators (2 Double Decks) 2escalators 37
Major Achievements SM Four E-Com D'Capital Security Forces Medical City Metropol Dogus Metro Waterfront Genting T3 & T4 Suez Domain Block E & Podium Suez Domain Podium ES Suez Domain Block F & G Mashhad Urban Railway Line 2 Yangon Hotel 32 33
WHO CAN MAKE 6 5 4 3 2 1 A HIGHER RECORD IN TECHNOLOGY SO QUICKLY? 34 35
WE THINK 6 5 INTENSELY THAT 4 3 2 BASICS SHOULD BE 1 1 FOLLOWED MORE THAN CHASING RECORDS 218 36 37
Our Business OUR BUSINESS ELEVATORS MAJOR PORTFOLIO 44.1 % 217 216 2,535 23,15 215 18,475 38 39
Our Business ESCALATORS MAJOR PORTFOLIO MOVING WALKS MAJOR PORTFOLIO AUTO PARKING SYSTEM MAJOR PORTFOLIO 4 41
Services SERVICES 23.8% 145,889 132,229 217 216 48 42 43
Services 1 365 24 Hyundai Real Time Service (LTE) HRTS 66 % 86.8 2,166 HCCC 217 216 17,233 25, 44 45
R&D R&D 1st 2nd 3rd 46 47
Annual R&D Report 1 2 1,8m/min 25m HYUNDAI ASAN TOWER 32,5 AWARDS 48 55
Production 217 216 23,161 2,566 215 18,471 PRODUCTION 21, 7,5 5 SMART FACTORY - 57
Quality QUALITY Level 1 Level 2 Level 3 STAGE 1 2 3 4 5 Gate Gate 1 Gate 2 Gate 3 Gate 4 Gate 5 58 52 53
Annual Report WHO WILL WIN IN 6 5 4 3 2 1 TODAY S INTENSIVELY COMPETITIVE MARKET? 54 6 55 61
Annual Report HOWEVER, WINING 6 5 4 3 2 1 TOGETHER IS MORE IMPORTANT THAN BEING A WINNER. 56 62 57 63
Ethical Management Ethical Management Trends & Challenges Our Responses 11 34 217 11 114 1 216 9 38 1 215 14 39 1 58 59
Risk Management Risk Management Trends & Challenges Our Responses 6 61
Human Resource Development Human Resource Development LEVEL 1 Trends & Challenges Our Responses LEVEL 2 LEVEL 3 217 Performances 674, 68 2,112 (Core Talent) (Global Talent) (Expertise) 62 63
Human Resource Development 2,236 895 1,69 1,925 1,925 2,92 795 144 215 216 217 64 65
Environment, Health and Safety Management Environment, Health and Safety Management Trends & Challenges Our Responses 217 Performances 1 2 3 4 1.9 5 26,673 66
Social Contributions Social Contributions Trends & Challenges Our Responses 217 Performances 7 5,198 4,961 217 2,112 216 2,16 1.4 215 1,873 1.5 28,554 68 69
71 7 3 2 1 1.% 22.1% 19.3% 3.4% 55.2% 1.7% 34.5% 9.8% 9.6%.2% 22.5% 2.7% 217 318 28,554 4,961 216 225 28,215 4,978 215 197 22,421 4,358 Social Contributions Annual Report
Win-Win Management Win-Win Management Trends & Challenges Our Responses 217 Performances 1,596 1,556 285 72 73
Annual Report FINANCIAL AND NON-FINANCIAL STATEMENTS
77 76 1,45,88,587,364 489,91,998,618 8,,, 246,926,398 12,38, 273,895,584,646 148,15,114,284 9,23,837,729 3,67,88,428 6,135,3,594 21,283,227,638 28,844,424,664 1,627,74,365 1,62,469,912,816 22,5, 1,889,89,121 2,539,85, 2,429,74,524 13,176,814,227 683,548,19,713 18,47,352,765 15,369,769,49 14,691,262,221 139,331,794,755 2,17,558,5,18 1,14,834,52,764 429,53,48,822 7,,, 761,5, 245,19,565,952 12,17,428,164 15,98,136,948 6,462,345 33,467,518,829 144,275,566,689 15,257,571,616 4,13,721,399 757,85,65,725 18,, 2,281,289,898 2,587,172,153 175,722,35,483 8,19,57, 13,43,343,71 439,159,367,27 48,28,695,243 17,833,718,389 18,754,812,6 31,843,792,41 1,772,684,568,489 945,231,44,555 323,871,844,492 6,369,34,829 531,272,188 674,81, 38,663,149,639 152,895,956,527 7,44,176,346 2,787,619,729 38,353,133,638 7,276,84,421 27,555,548,51 6,195,659,914 8,615,728,331 1,342,419,5,443 453,86, 44,667,35,79 5,784,58, 25,929,638,451 192,53,729,33 744,332,831,392 174,842,4,661 27,612,366,147 7,81,578,41 119,21,716,27 2,287,65,49,998 719,356,53,884 185,614,26,794 13,569,316,743 163,388,926,467 6,545,26,7 38,439,959,166 171,786,44,682 14,89,15,544 224,72 3,551,273,839 4,651,879,229 597,125,57,211 214,868,75,783 176,1,168,65 182,987,663,935 5,373,319,171 1,847,586,969 6,638,2,233 48,925,515 1,316,481,624,95 778,55,635,949 123,162,565, 463,768,269,111 31,192,972,2 (5,535,84,879) 165,916,914,517 12,571,24,136 791,76,876,85 2,17,558,5,18 647,739,46,355 15,146,24,852 98,314,121,966 162,798,349,819 18,275,734,852 29,251,142,5 144,91,424,537 18,923,29,433 661,88 22,842,9,771 3,96,61,195 483,142,891,44 75,61,972,592 177,964,929,65 194,71,862,9 4,74,46,53 627,38, 23,494,321,794 5,89,282,937 157,87,163 1,13,882,351,399 641,517,557,231 123,162,565, 469,224,378,554 31,192,972,2 (17,633,477,291) 35,571,118,768 284,659,859 641,82,217,9 1,772,684,568,489 765,816,777,865 183,63,441,898 115,589,984,67 226,267,638,893 8,449,412,236 31,177,619,76 145,5,683,859 14,457,146,8 257,5 4,718,439,71 1,87,154,51 686,555,791,345 217,62,2,459 152,251,84,263 268,497,317,241 4,439,239,168 15,124,137,127 6,624,489,45 22,16,82,42 1,452,372,569,21 836,331,476,322 123,162,565, 463,768,269,111 18,715,783,32 (9,282,941,334) 239,967,8,225 (1,53,995,534) 835,277,48,788 2,287,65,49,998 Major Consolidated Financial Statements Major Consolidated Financial Statements Annual Report
78 1,758,791,9,587 1,363,643,462,224 395,148,438,363 213,582,45,5 181,566,33,358 33,392,463,48 14,92,218,9 (52,711,228,314) 33,88,867,215 12,676,839,346 48,997,964,854 18,922,791,259 (98,11,589,617) 116,934,38,876 13,559,272,8 2,74,539,762 (354,923,293) 86,82,6 12,446,748,279 (693,912,728) 13,493,652,956 128,7,276,4 (11,765,895,524) 142,444,188,161 (11,95,535,25) 5,225 4,888 1,448,653,887,563 1,138,26,321,85 31,627,565,758 154,117,53,936 156,51,511,822 2,381,1,916 19,444,658,697 (128,55,994,676) 18,253,632,872 17,5,27,649 3,21,95,28 33,988,867,858 39,25,499,883 (5,36,632,25) (31,44,441,916) (17,185,482,295) (1,726,746,31) 81,417,677 (9,17,32,284) (3,43,31,713) (36,81,73,941) (4,5,678,414) (985,953,611) (35,186,982,788) (894,91,153) (185) (185) 1,993,7,559,79 1,614,975,314,613 378,725,244,466 243,44,479,98 135,284,765,368 68,56,483,684 51,729,283,969 (7,383,362,736) 16,98,939,139 32,393,854,198 129,193,687,288 5,192,492,89 79,1,194,398 (1,11,94,796) (7,34,334,979) (59,94,477) (487,192,868) (85,193,846) (2,165,242,626) 68,899,289,62 93,617,146,17 (14,615,951,619) 82,619,285,753 (13,719,996,151) 3,81 3,81 168,755,985,363 9,11,355,51 95,56,529 (15,453,133,83) (3,876,252,77) 158,623,462,242 761,5, 68,885,656 3,,, 28,91 5,399,265,37 81,381,273 4,545,193,31 1,969,516,17 379,962, 179,979,98 448,94,797 171,927,344, 2,,, (88,761,9,683) (32,7,,) (4,447,294,382) (5,,) (431,64,) (5,479,915,982) (11,76,552,256) (17,295,62,353) (29,93,325,973) 346,26,72 49,656,258,937 9,295,474,75 (159,7,963,844) (1,119,23,157) 58,85,438,787 429,53,48,822 1,548,79,9 489,91,998,618 162,2,947,794 11,956,18,134 41,53,3 (14,398,4,761) (9,567,676,649) 15,51,941,818 1,513,52, 172,315,168 3,68,681,63 5,35,851,971 42,422,837,987 465,732,653 17,64,821 985,454,545 1,3,, 169,77,375 5,516,288,7 13,1,249,564 (139,2,,) (1,175,55,) (51,366,931,44) (4,53,995,18) (1,674,947,963) (7,31,46,124) (39,247,897,163) (178,595,528,384) 357,15,655,52 275,73,259,6 (2,) (298,931,896,656) (81,732,96) 333,75,85,774 34,531,499,28 126,819,19,126 (1,847,37,512) 429,53,48,822 99,318,74,29 11,332,731,431 291,75,669 (1,153,62,421) (8,93,49,17) 92,695,499,718 61,62, 1,775,598,188 2,,, 9,124,41,629 3,262,115,539 95,34, 4,278,762 19,62,372 11,72,, 4,, 34,821,141,655 (12,464,39,3) (54,369,34,829) (435,36,) (37,366,264,5) (3,878,825,) (31,99,998,684) (179,649,48,699) (16,5,96,515) (2,295,471,682) (1,965,499,629) (2,754,721,91) (369,766,322,514) 319,871,357,4 225,, (192,76,73,537) (12,586,96,) 114,82,747,53 (162,268,75,293) 489,91,998,618 (3,762,78,833) 323,871,844,492 Major Consolidated Financial Statements Annual Report
Financial Management Discussion & Analysis Financial Management Discussion & Analysis 1. 8 81
83 82 1,993,71 135,285 79,1 93,617 (14,616) 3,81 3,81 13 1,758,792 181,566 116,934 128,7 11,766) 5,225 4,888 13 1,448,654 156,511 5,37) 4,51) 986) 185) 185) 7 945,231 323,872 468,999 38,353 114,7 1,342,419 25,93 744,333 174,842 397,314 2,287,65 765,817 686,556 1,452,373 836,331 123,163 463,768 18,716 9,283) 239,967 (1,54) 835,277 1,45,89 489,92 431,276 6,135 63,776 1,62,47 2,43 683,548 18,47 196,22 2,17,559 719,356 597,126 1,316,482 778,56 123,163 463,768 31,193 5,535) 165,917 12,571 791,77 1,14,835 429,53 38,459 33,468 171,45 757,85 175,722 439,159 48,29 94,94 1,772,685 647,739 483,143 1,13,882 641,518 123,163 469,224 31,193 17,633) 35,571 285 641,83 2. 3. Financial Management Discussion & Analysis Annual Report
85 84 217 287 17 34 14 164 263 29 292 135 157 13.8 216 317 39 356 22 154 18 1 118 42 76 5.6 215 33 28 358 248 11 153 13 166 54 112 8.9 217 191 9.4 4.98 216 23 9.64 3.57 215 172 9.18 2.44 1. Non-Financial Management Discussion & Analysis Non-Financial Management Discussion & Analysis Annual Report 217 2,112 1,921 191 9 937 87 188 1,924 188 664 21 18 723 6 514 275 216 2,16 1,93 23 923 893 91 199 1,97 199 81 22 18 594 644 563 35 215 1,873 1,71 172 852 86 89 126 1,747 126 631 22 18 531 551 547 244
87 86 217 2 5 5 7 216 6 1 1 5 1 215 9 8 7 1 5 1 217 64.4 216 65.1 215 68.6 2. 216 37 85 1 1~2 1,589 5 5,824 74 215 178 41 1 1~2 1,778 4 7,367 64 217 381 69 1 1~2 1,556 2 6,747 91 Yes Yes No No 217 1,19 216 1,127 215 84 Non-Financial Management Discussion & Analysis Annual Report
Non-Financial Management Discussion & Analysis 3. 217 285 216 274 215 267 217 11,56 2,773 8,279 58.58-8.8 216 11,176 2,833 7,943 4.64-11.7 215 1,431 2,587 7,527 318.72-7.8 217 216 215 249 1.25 229 1.3 27 1.43 216.1~217.2 216.1~217.2 215.5~217.3 216.9~217.4 215.12~217.7 217 29 1.9 216 116 4.1 215 116 4. 217.1~217.7 217.1~217.9 217.1~217.9 217.1~217.12 88 89
Non-Financial Management Discussion & Analysis 217 27.43 216 35.13 215 32.17 217 216 215 173 12,611,82 1,22,137 214,114 169 12,144,219 977,743 281,94 159 11,64,79 881,699 253,921 8.68 9.61 11.1 217 5% -9.7 216 2% -12.7-75.% -8.3 371,64kwh 217 369 17 2 332 38 3.5 216 356 17 235 14 34-6.6 215 381 19 255 17 4 1.1 8w 25w -68.% 52,88kwh 16w 64w -75.% 217 216 215 217 216 215 357 52 553 38.4 36.4 36.3 1 8 28.6 27.7 28.6 9.8 8.7 7.7 3.4 3.4 3.4 1.93 2.7 2.51-6.9-17.4-2.6 2,981 3,65 2,51 9 91
Independent Auditor's Report Independent Auditor's Report 92 93
Global Network GLOBAL NETWORK MAJOR BUSINESS UNITS Russia Poland Azerbaijan Kazakhstan Mongolia Mexico Guatemala Costa Rica Cuba Dominican Republic Panama Venezuela Colombia Algeria Tunisia Nigeria Armenia Turkey Kyrgyzstan Lebanon Iran Jordan Iraq Israel Pakistan Egypt Bahrain Kuwait Saudi UAE Qatar Oman Arabia India Sudan Ethiopia Kenya Srilanka Nepal China Bangladesh Myanmar Thailand Cambodia Vietnam Malaysia Korea Philippines Ecuador Peru Indonesia Chile Brazil Argentina 94 95
UN Global Compact / SDGs INDEX UN GLOBAL COMPACT INDEX SUSTAINABLE DEVELOPMENT GOALS 65 65 86 65 65 65, 85 67 89-91 67 58-59 Targets set Monitored 96