DOCSLIB.ORG

Inventec Corporation

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Inventec Corporation (English Translation of Pro Forma Financial Report Originally Issued in Chinese) PEGATRON CORPORATION AND ITS SUBSIDIARIES PRO FORMA CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2008 AND 2007 (With Independent Auditors’ Report Thereon) Address: 5F., No.76, Ligong St., Beitou District, Taipei City 112, Taiwan Telephone: 886-2-8143-9001 - 1 - TABLE OF CONTENTS Contents Page Cover Page 1 Table of Contents 2 Independent Auditors’ Report 3 Pro Forma Consolidated Balance Sheets 4 Pro Forma Consolidated Statements of Income 5 Pro Forma Consolidated Statements of Changes in Stockholders’ Equity 6 Pro Forma Consolidated Statements of Cash Flows 7 Notes to Pro Forma Consolidated Financial Statements (1) Organization and Business 8 (2) Summary of Significant Accounting Policies 8-28 (3) Reasons for and Effects of Accounting Changes 28 (4) Summary of Major Accounts 28-49 (5) Related-Party Transactions 50-56 (6) Pledged Assets 56 (7) Significant Commitments and Contingencies 57-58 (8) Significant Catastrophic Losses 59 (9) Significant Subsequent Events 59 (10) Others 59 (11)Additional Disclosures 60-61 (12)Segment Information 61-62 - 2 - (English Translation of Financial Report Originally Issued in Chinese) PEGATRON CORPORATION AND ITS SUBSIDIARIES PRO FORMA CONSOLIDATED BALANCE SHEETS DECEMBER 31, 2008 AND 2007 (All Amounts Expressed in Thousands of New Taiwan Dollars, Except for Share Data) December 31, 2008 December 31, 2007 Amount % Amount % ASSETS Current Asset: Cash (Notes 2 and 4(1)) $ 27,065,987 12 26,294,882 9 Financial assets reported at fair value through profit or loss － current (Notes 2 and 4(b)) 3,952,004 2 4,931,403 2 Available-for-sale financial assets － current (Notes 2 and 4(b)) 8,881 - 17,761 - Notes receivable, net of allowance for doubtful accounts (Notes 2, 4(c) and 5) – Non-related parties 11,861 - 157,494 - Accounts receivable, net of allowance for doubtful accounts (Notes 2, 4(c), and 5) – Non-related parties 55,021,430 25 100,289,266 36 – Related parties 8,718,987 4 8,991,496 3 Other receivables, net of allowance for doubtful accounts (Note 5) – Non-related parties 2,931,393 1 882,834 - – Related parties 1,691,273 1 12,461,087 5 Other financial assets － current (Note 6) 178,461 - 83,951 - Inventories (Notes 2, 4(d) and 6) 41,151,393 19 58,400,100 21 Non-current assets held for sale (Notes 2 and 4(h)) 182,876 - 198,283 - Other current assets 1,510,217 1 1,500,684 1 Deferred income tax assets － current (Notes 2 and 4(n)) 1,265,686 1 200,075 - 143,690,449 66 214,409,316 77 Investments: Available-for-sale financial assets － non-current (Notes 2 and 4(b)) 837,958 - 1,736,209 1 Financial assets carried at cost － non-current (Notes 2 and 4(b)) 1,295,298 1 823,053 - Long-term investments under the equity method (Notes 2, 4(e) and 4(f)) 2,665,994 1 2,942,671 1 4,799,250 2 5,501,933 2 Other Financial Assets － Non-current (Note 6) 483,269 - 60,680 - Property, Plant and Equipment, at cost (Notes 2 and 4(g)): Land 3,248,728 1 3,274,566 1 Buildings and structures 21,176,666 10 16,553,358 6 Machinery and equipment 47,001,792 22 38,399,068 14 Warehousing equipment 82,247 - 52,970 - Electronic instruments 2,084,711 1 2,486,240 1 Transportation equipment 193,417 - 145,330 - Office equipment 1,099,888 1 1,058,911 - Miscellaneous equipment 4,014,304 2 2,903,070 1 78,901,753 37 64,873,513 23 Less: Accumulated depreciation (23,682,995) (11) (16,749,216) (6) Less: Accumulated impairment (454,082) - - - Prepayments for equipment 5,090,371 2 5,718,286 2 59,855,047 28 53,842,583 19 Intangible Assets (Notes 2, 4(j) and 6) Consolidated debit 882,284 1 1,076,651 - Deferred pension cost 8,029 - 11,162 - Land use rights 2,339,884 1 1,530,800 1 Other intangible assets 474,009 - 342,419 - 3,704,206 2 2,961,032 1 Other Assets Deferred expenses (Notes 2 and 4(j)) 3,205,267 1 2,080,864 1 Deferred income tax assets － non-current (Notes 2 and 4(n)) 33,338 - - - Other assets (Notes 2, 4(g) and 4(i)) 959,869 1 1,195,447 - 4,198,474 2 3,276,311 1 TOTAL ASSETS $ 216,730,695 100 280,051,855 100 The accompanying notes are an integral part of the consolidated financial statements. - 4 - (English Translation of Financial Report Originally Issued in Chinese) PEGATRON CORPORATION AND ITS SUBSIDIARIES PRO FORMA CONSOLIDATED BALANCE SHEETS (CONT'D) DECEMBER 31, 2008 AND 2007 (All Amounts Expressed in Thousands of New Taiwan Dollars, Except for Share Data) December 31, 2009 December 31, 2008 Amount % Amount % LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Short-term loans (Note 4(k)) $ 14,193,407 7 6,182,588 2 Financial liabilities reported at fair value through profit or loss － current (Notes 2 and 4(b)) 409 - 2 - Notes payable 96,185 - 292,952 - Accounts payable – Non-related parties 59,294,648 27 111,953,295 40 – Related parties (Note 5) 5,484,475 2 7,444,867 3 Income tax payable 1,600,251 1 3,061,998 1 Accrued expenses – Non-related parties 7,979,741 4 4,765,409 2 – Related parties (Note 5) 62,152 - 40,939 - Current portion of long-term loans (Note 4(l)) 118,751 - 152,655 - Other financial liabilities － current 2,679,107 1 40,377,485 14 Other current liabilities (Note 5) 5,703,246 3 2,603,279 1 97,212,372 45 176,875,469 63 Long-Term Loans: Long-term loans (Note 4(l)) 8,212,695 4 330,243 - Other financial liabilities － non-current 251,665 - 159,626 - 8,464,360 4 489,869 - Other Liabilities: Deferred income tax liabilities － non-current (Notes 2 and 4(n)) 195,190 - 187,690 - Other liabilities 59,788 - 74,246 - 254,978 - 261,936 - Total Liabilities 105,931,710 49 177,627,274 63 Stockholders' Equity: Common stock － authorized 2,500,000 thousand shares, 1,884,628 thousand shares issued and outstanding in 2008 and 2007 (Note 4(o)) 18,846,281 9 18,846,281 7 Capital surplus (Note 4(o)): Premium on capital stock 61,008,589 29 61,008,589 22 Others 2,378,085 1 2,401,528 1 63,386,674 30 63,410,117 23 Retained earnings (Note 4(o)): Unappropriated earnings 5,602,495 2 (3,705) - 5,602,495 2 (3,705) - Other adjustments to stockholders' equity: Cumulative translation adjustments 1,909,462 1 (422,058) - Unrecognized loss on pension cost (1,128) - (289) - Unrealized gain on financial assets 241,398 - 410,174 - 2,149,732 1 (12,173) - Total Parent Company's Equity 89,985,182 42 82,240,520 30 Minority Interest 20,813,803 9 20,184,061 7 Total Stockholders' Equity 110,798,985 51 102,424,581 37 Commitments and Contingencies (Note 7) TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 216,730,695 100 280,051,855 100 The accompanying notes are an integral part of the consolidated financial statements. - 4-1 - (English Translation of Financial Report Originally Issued in Chinese) PEGATRON CORPORATION AND ITS SUBSIDIARIES PRO FORMA CONSOLIDATED STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER, 2008 AND 2007 (All Amounts Expressed in Thousands of New Taiwan Dollars, Except for Share Data) For the Year Ended December 31 2008 2007 Amount % Amount % Net sales (Note 5) 531,266,295 100 678,147,095 100 Cost of goods sold (Notes 2, 5 and 10(a)) (503,010,787) (95) (649,936,184) (96) Gross profit 28,255,508 5 28,210,911 4 Operating expenses (Notes 5 and 10(a)) Selling expenses (7,834,793) (1) (7,020,242) (1) General and administrative expenses (5,631,141) (1) (4,681,766) (1) Research and development expenses (6,628,360) (1) (3,661,429) (1) (20,094,294) (3) (15,363,437) (3) Income from operations 8,161,214 2 12,847,474 1 Non-operating income Interest income 505,290 - 583,062 - Investment income under the equity method 93,947 - 114,776 - Dividend income 90,758 - 30,443 - Gain on disposal of investments - - 2,270,232 - Gain on valuation of financial assets - - 8,329 - Others (Note 5) 3,377,287 - 3,711,304 1 4,067,282 - 6,718,146 1 Non-operating expenses Interest expense (289,515) - (136,670) - Foreign exchange loss, net (175,808) - - - Impairment loss (796,744) - (131,811) - Loss on valuation of financial assets (55,746) - - - Others (1,430,870) - (1,022,575) - (2,748,683) - (1,291,056) - Income before income tax 9,479,813 2 18,274,564 2 Income tax expense (Note 4(n)) (1,315,522) - (3,427,077) - Consolidated net income $ 8,164,291 2 14,847,487 2 Income attributable to: Shareholders of parent company $ 5,673,113 1 11,706,700 2 Minority interest 2,491,178 1 3,140,787 - $ 8,164,291 2 14,847,487 2 Before After Before After Income Tax Income Income Tax Income Earnings per share attributable to parent company (Notes 2 and 4(q)) Primary earnings per share $ 2.74 3.01 6.71 6.21 Diluted earnings per share $ 2.73 2.99 6.71 6.21 The accompanying notes are an integral part of the consolidated financial statements. - 5 - (English Translation of Financial Report Originally Issued in Chinese) PEGATRON CORPORATION AND ITS SUBSIDIARIES PRO FORMA CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY FOR THE YEARS ENDED DECEMBER 31, 2008 AND 2007 (All Amounts Expressed in Thousands of New Taiwan Dollars, Except for Share Data) Stock holders' Equity Adjustments Unrealized Cumulative Unrecognized Gain on Capital Capital Unappropriated Translation Loss on Financial Minority Stock Surplus Earnings Adjustments Pension Cost Instruments Interest Total Balanceo oa as coof January so dated 1, et2007co e o teyea e ded ece be 3, $ 18,846,281 62,381,271 - (372,823) (3,016) (36,939) 10,516,946 91,331,720 2007 - - 11,706,700 - - - 3,140,787 14,847,487 2008 earnings distribution and appropriation: Pro forma cash dividends - - (11,710,405) - - - - (11,710,405) Cumulativedjust e t translationas g o adjustmentscages pe ce tage o ow e s p og - - - (49,235) - - - (49,235) term equity investments - 1,028,846 - - - - -
Load more

Recommended publications
  • WELLS FARGO MASTER TRUST Form NPORT-P Filed 2020-07-30
    SECURITIES AND EXCHANGE COMMISSION FORM NPORT-P Filing Date: 2020-07-30 | Period of Report: 2020-05-31 SEC Accession No. 0001145549-20-043454 (HTML Version on secdatabase.com) FILER WELLS FARGO MASTER TRUST Mailing Address Business Address 525 MARKET STREET 525 MARKET STREET CIK:1087961| IRS No.: 000000000 | State of Incorp.:DE | Fiscal Year End: 1231 12TH FLOOR 12TH FLOOR Type: NPORT-P | Act: 40 | File No.: 811-09689 | Film No.: 201061164 SAN FRANCISCO CA 94105 SAN FRANCISCO CA 94105 800-222-8222 Copyright © 2020 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Wells Fargo Bloomberg Barclays US Aggregate ex-Corporate Portfolio Portfolio of investments May 31, 2020 (unaudited) Interest rate Maturity date Principal Value Agency Securities : 37.37% FFCB 1.46 % 3-3-2023 $210,000 $211,381 FFCB 1.84 9-9-2022 10,000 10,027 FFCB 1.85 3-3-2022 70,000 70,188 FFCB 1.90 6-24-2021 70,000 71,165 FHLB 1.13 7-14-2021 120,000 121,263 FHLB 2.13 6-9-2023 70,000 73,787 FHLB 2.13 9-14-2029 80,000 86,891 FHLB 2.38 9-8-2023 30,000 31,992 FHLB 2.50 3-11-2022 350,000 364,015 FHLB 2.50 12-8-2023 20,000 21,522 FHLB 2.75 12-13-2024 10,000 11,034 FHLB 3.00 10-12-2021 70,000 72,687 FHLB 3.00 3-10-2028 10,000 11,501 FHLB 3.38 9-8-2023 30,000 32,970 FHLB 3.38 12-8-2023 280,000 309,225 FHLB 5.38 8-15-2024 690,000 830,557 FHLB 5.63 6-11-2021 10,000 10,557 FHLB 5.63 3-14-2036 10,000 15,462 FHLMC 2.38 1-13-2022 20,000 20,702 FHLMC 2.50 3-1-2032 3,143,675 3,296,980 FHLMC 2.50 2-1-2035 1,686,516 1,766,043 FHLMC 2.75
    [Show full text]
  • ASUSTEK COMPUTER INC. NON-CONSOLIDATED FINANCIAL STATEMENTS December 31, 2007 and 2006 with Report of Independent Auditors
    ASUSTEK COMPUTER INC. NON-CONSOLIDATED FINANCIAL STATEMENTS December 31, 2007 and 2006 With Report of Independent Auditors The reader is advised that these financial statements have been prepared originally in Chinese. In the event of a conflict between these financial statements and the original Chinese version or difference in interpretation between the two versions, the Chinese language financial statements shall prevail. English Translations of Financial Statements Originally Issued in Chinese ASUSTEK COMPUTER INC. NON-CONSOLIDATED BALANCE SHEETS DECEMBER 31, 2007 AND 2006 (Expressed in New Taiwan Thousand Dollars) ASSETS Notes 2007 2006 LIABILITIES AND STOCKHOLDERS' EQUITY Notes 2007 2006 CURRENT ASSETS CURRENT LIABILITIES Cash and cash equivalents II, IV.1 $9,174,219 $10,791,836 Notes and accounts payable $80,372,075 $109,230,069 Financial assets at fair value through profit or loss-current II, IV.2 7 ,257,169 4,218,719 Notes and accounts payable -affiliated companies V 837,669 9,007,117 Notes and accounts receivable-Net II, IV.3 61 ,863,244 80,950,232 Income tax payable II, IV.19 5,795,472 3,558,780 Accounts receivable-affiliated companies-Net II, IV.3, V 45 ,747,118 21,152,900 Accrued expenses II, IV.12, V 31,771,898 21,553,421 Other receivables-Net II,V 5 ,069,634 1,627,107 Other payables V 771,563 469,653 Inventories-Net II, IV.4 53 ,643,865 72,627,961 Receipts in advance V 2,412,198 2,502,732 Prepayments V 121 ,788 162,382 Bonds payable-current portion IV.11 - 6,613,377 Other current assets 101 ,863 - Other current liabilities
    [Show full text]
  • Annual Report 2012
    Stock Code: 5880 TAIWAN COOPERATIVE FINANCIAL HOLDING CO.,LTD. TAIWAN COOPERATIVE FINANCIAL HOLDING CO.,LTD. ANNUAL REPORT 2012 Proactive．Agile．Innovative ANNUAL REPORT 2012 Proactive．Agile．Innovative TAIWAN COOPERATIVE FINANCIAL HOLDING CO.,LTD. 77, Guan Qian Road, Taipei, Taiwan R.O.C. Tel: +886-2-2311-8811 Fax: +886-2-2311-3699 This annual report is available at our website: http://www.tcfhc.com.tw Printed on April 23, 2013 Spokesperson Chung-Dea Hsieh, Executive Vice President BNP Paribas Assurance TCB Life Insurance Co., Ltd. ： Tel +886-2-2311-8811 Address：10F., No.325, Sec. 4, Zhongxiao E. Rd., ： Email [email protected] Da'an Dist., Taipei City 106, Taiwan, R.O.C. Tel：+886-2-2772-6772 Deputy Spokesperson Website：http://www.tcb-life.com.tw/ Hong-Chen Lin, Executive Vice President Tel：+886-2-2311-8811 BNP Paribas TCB Asset Management Co., Ltd. Address：13F., No.85, Sec. 2, Nanjing E. Rd., Email：[email protected] Zhongshan Dist., Taipei City 104, Taiwan, R.O.C. ： Headquarters Tel +886-2-2181-5999 Website：http://www.tcb-am.com.tw/ Taiwan Cooperative Financial Holding Co., Ltd. Stock Transfer Agent Address：No.77, Guan Qian Road, Zhongzheng Dist., Grand Cathay Securities Corporation Taipei City 100,Taiwan,R.O.C. Address：5F., No.2, Sec. 1, Chongqing S. Rd., Tel：+886-2-2311-8811 Zhongzheng Dist., Taipei City 100, Taiwan ,R.O.C. Website：http://www.tcfhc.com.tw/ Tel：+886-2-2389-2999 Website：www.gcsc.com.tw Subsidiaries Auditors Taiwan Cooperative Bank, Ltd. Deloitte & Touche Address：No.77, Guan Qian Road, Zhongzheng Dist., Address：12F., No.156, Sec.
    [Show full text]
  • The Mineral Industry of Taiwan in 2005
    2005 Minerals Yearbook TAIWAN U.S. Department of the Interior June 2007 U.S. Geological Survey THE MINERAL INDUSTRY OF TAIWAN By Pui-Kwan Tse Taiwan is an island that is located south of Japan and east of at home. An $8.5 billion development fund would be used mainland China in the Pacific Ocean. The island’s economy to acquire land in the industrial zone for private investors. was export oriented and the growth prospects of its economy MOEA also developed guidelines and action plans to promote depended on the world economy. During the past three decades, the knowledge-intensive service sector as the new catalyst Taiwan has transformed from a developing area into a developed for economic growth in the next decade despite fierce global area. According to the Council for Economic Planning and competition. The Taiwan authorities believed that high levels Development, the output of the service sector accounted for of service sector development could add value to products in 70% of the island’s gross domestic product (GDP) in 2005, and the agricultural and manufacturing sectors, improve Taiwan’s the manufacturing sector, for 24%. During the period between core competitive edge, and strengthen the industrial sector. The 1950 and 1964, the iron and steel and shipbuilding sectors were improvement of service would encourage Taiwanese businesses the backbone of the island’s economic growth. Automotive to stay in Taiwan and would attract foreign businesses to set products, consumer electronics, and home appliances were up global logistics centers in Taiwan. Developing such service the major industries between 1965 and 1974.
    [Show full text]
  • The Mineral Industry of Taiwan in 2004
    THE MINERAL INDUSTRY OF TAIWAN By Pui-Kwan Tse Taiwan is an island that is located south of Japan and east encourage Taiwanese businesses to stay in Taiwan and would of mainland China in the Pacific Ocean. In 2004, Taiwan’s attract foreign businesses to set up global logistics centers in economy grew by 5.7%, which was the largest increase since Taiwan. Developing service industries such as entertainment, 2000. After reaching a peak of 7.9% in the second quarter, environmental protection, medicine and healthcare, and tourism the economy slowed to 3.3% in the fourth quarter because of and sports recreation would enhance the quality of life in higher global oil prices and the deceleration of export growth Taiwan. The CEPD projected that the service sector would during the second half of the year. The economic growth was grow 6.1% per year through 2008 and that the percentage of the generated by private consumption and investment. Private GDP generated by the service sector would increase to 67% in consumption increased by 3.1% and private investment rose by 2008 from 63.5% in 2003 (Taiwan Headlines, 2004b§; 2005d§). 28.2% compared with that of the previous year. The recovery The Taiwan authorities carried out the second phase of of the information and communication technologies industry Taiwan’s financial reform program in 2004. The number of was the main reason for the increased business investment. In state-owned banks (banks in which the government held 30% 2004, Government fixed investment decreased by 4.2% because or more interest) would be reduced to 6 from 12 at yearend of higher prices on construction materials and because some 2005.
    [Show full text]
  • 2019 Corporate Social Responsibility Report Of
    2019 CORPORATE SOCIAL RESPONSIBILITY REPORT OF PEGATRON GROUP version1.0 Navigate 01 Editorial Principles 03 Identication & 20 Responsible 49 Social Care Communication Partnership 50. Social Welfare the 04. Social Responsibility 21. Customer Service 50. Community Involvement Commitment 22. Sustainable Supply Chain Future 05. Stakeholder Communication 07. Material Issue Identication 08. Sustainability Development Goals (SDGs) 02 A Word from 10 Company Prole 26 Sustainable 52 Appendix- Index the CEO 11. About PEGATRON Environment 53. GRI Content Index 11. Financial Performance 27. Low Carbon & Energy 55. United Nations Global 12. Globalization Arrangement 29. Greenhouse Gas Compact 13. Award List 30. Sustainable Design 56. UN Sustainable Development Goals 33. Environmental Protection (SDGS) 57. Statement 14 Sustainable 36 Joyful Work Management 37. Employment Relationship 15. Corporate Governance 39. Attracting & Nurturing Talent 16. Code of Conduct 41. Occupational Health & Safety 17. Information Security 46. Employee Care 18. Risk Management 19. Regulatory Compliance 01 Editorial Principles Editorial Principles A Word from A Word from the CEO the CEO Identication & Identication & Communication Communication Social Responsibility Social Responsibility Commitment Commitment Stakeholder Stakeholder Communication Communication Material Issue Material Issue Identication Identication Sustainability Sustainability Development Goals Development Goals Company Prole Company Prole About PEGATRON About PEGATRON Financial Performance Financial Performance
    [Show full text]
  • Taiwan Semiconductor Manufacturing Company Limited and Subsidiaries
    Taiwan Semiconductor Manufacturing Company Limited and Subsidiaries Consolidated Financial Statements for the Nine Months Ended September 30, 2020 and 2019 and Independent Auditors’ Review Report Taiwan Semiconductor Manufacturing Company Limited and Subsidiaries NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2020 AND 2019 (Amounts in Thousands of New Taiwan Dollars, Unless Specified Otherwise) (Reviewed, Not Audited) 1. GENERAL Taiwan Semiconductor Manufacturing Company Limited (TSMC), a Republic of China (R.O.C.) corporation, was incorporated on February 21, 1987. TSMC is a dedicated foundry in the semiconductor industry which engages mainly in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. On September 5, 1994, TSMC’s shares were listed on the Taiwan Stock Exchange (TWSE). On October 8, 1997, TSMC listed some of its shares of stock on the New York Stock Exchange (NYSE) in the form of American Depositary Shares (ADSs). The address of its registered office and principal place of business is No. 8, Li-Hsin Rd. 6, Hsinchu Science Park, Taiwan. The principal operating activities of TSMC’s subsidiaries are described in Note 4. 2. THE AUTHORIZATION OF FINANCIAL STATEMENTS The accompanying consolidated financial statements were reported to the Board of Directors and issued on November 10, 2020. 3. APPLICATION OF NEW AND REVISED INTERNATIONAL FINANCIAL REPORTING STANDARDS a. Initial application of the amendments to the International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), IFRIC Interpretations (IFRIC), and SIC Interpretations (SIC) (collectively, “IFRSs”) endorsed and issued into effect by the Financial Supervisory Commission (FSC) The initial application of the amendments to the IFRSs endorsed and issued into effect by the FSC did not have a significant effect on TSMC and its subsidiaries’ (collectively as the “Company”) accounting policies.
    [Show full text]
  • STOXX Greater China 80 Last Updated: 01.08.2017
    STOXX Greater China 80 Last Updated: 01.08.2017 Rank Rank (PREVIOU ISIN Sedol RIC Int.Key Company Name Country Currency Component FF Mcap (BEUR) (FINAL) S) TW0002330008 6889106 2330.TW TW001Q TSMC TW TWD Y 113.9 1 1 HK0000069689 B4TX8S1 1299.HK HK1013 AIA GROUP HK HKD Y 80.6 2 2 CNE1000002H1 B0LMTQ3 0939.HK CN0010 CHINA CONSTRUCTION BANK CORP H CN HKD Y 60.5 3 3 TW0002317005 6438564 2317.TW TW002R Hon Hai Precision Industry Co TW TWD Y 51.5 4 4 HK0941009539 6073556 0941.HK 607355 China Mobile Ltd. CN HKD Y 50.8 5 5 CNE1000003G1 B1G1QD8 1398.HK CN0021 ICBC H CN HKD Y 41.3 6 6 CNE1000003X6 B01FLR7 2318.HK CN0076 PING AN INSUR GP CO. OF CN 'H' CN HKD Y 32.0 7 9 CNE1000001Z5 B154564 3988.HK CN0032 BANK OF CHINA 'H' CN HKD Y 31.8 8 7 KYG217651051 BW9P816 0001.HK 619027 CK HUTCHISON HOLDINGS HK HKD Y 31.1 9 8 HK0388045442 6267359 0388.HK 626735 Hong Kong Exchanges & Clearing HK HKD Y 28.0 10 10 HK0016000132 6859927 0016.HK 685992 Sun Hung Kai Properties Ltd. HK HKD Y 20.6 11 12 HK0002007356 6097017 0002.HK 619091 CLP Holdings Ltd. HK HKD Y 20.0 12 11 CNE1000002L3 6718976 2628.HK CN0043 China Life Insurance Co 'H' CN HKD Y 20.0 13 13 TW0003008009 6451668 3008.TW TW05PJ LARGAN Precision TW TWD Y 19.7 14 15 KYG2103F1019 BWX52N2 1113.HK HK50CI CK Property Holdings HK HKD Y 18.3 15 14 CNE1000002Q2 6291819 0386.HK CN0098 China Petroleum & Chemical 'H' CN HKD Y 16.4 16 16 HK0823032773 B0PB4M7 0823.HK B0PB4M Link Real Estate Investment Tr HK HKD Y 15.4 17 19 HK0883013259 B00G0S5 0883.HK 617994 CNOOC Ltd.
    [Show full text]
  • Taiwan's Top 50 Corporates
    Title Page 1 TAIWAN RATINGS CORP. | TAIWAN'S TOP 50 CORPORATES We provide: A variety of Chinese and English rating credit Our address: https://rrs.taiwanratings.com.tw rating information. Real-time credit rating news. Credit rating results and credit reports on rated corporations and financial institutions. Commentaries and house views on various industrial sectors. Rating definitions and criteria. Rating performance and default information. S&P commentaries on the Greater China region. Multi-media broadcast services. Topics and content from Investor outreach meetings. RRS contains comprehensive research and analysis on both local and international corporations as well as the markets in which they operate. The site has significant reference value for market practitioners and academic institutions who wish to have an insight on the default probability of Taiwanese corporations. (as of June 30, 2015) Chinese English Rating News 3,440 3,406 Rating Reports 2,006 2,145 TRC Local Analysis 462 458 S&P Greater China Region Analysis 76 77 Contact Us Iris Chu; (886) 2 8722-5870; [email protected] TAIWAN RATINGS CORP. | TAIWAN'S TOP 50 CORPORATESJenny Wu (886) 2 872-5873; [email protected] We warmly welcome you to our latest study of Taiwan's top 50 corporates, covering the island's largest corporations by revenue in 2014. Our survey of Taiwan's top corporates includes an assessment of the 14 industry sectors in which these companies operate, to inform our views on which sectors are most vulnerable to the current global (especially for China) economic environment, as well as the rising strength of China's domestic supply chain.
    [Show full text]
  • Ctbc Financial Holding Co., Ltd. and Subsidiaries
    1 Stock Code:2891 CTBC FINANCIAL HOLDING CO., LTD. AND SUBSIDIARIES Consolidated Financial Statements With Independent Auditors’ Report For the Six Months Ended June 30, 2019 and 2018 Address: 27F and 29F, No.168, Jingmao 2nd Rd., Nangang Dist., Taipei City 115, Taiwan, R.O.C. Telephone: 886-2-3327-7777 The independent auditors’ report and the accompanying consolidated financial statements are the English translation of the Chinese version prepared and used in the Republic of China. If there is any conflict between, or any difference in the interpretation of the English and Chinese language independent auditors’ report and consolidated financial statements, the Chinese version shall prevail. 2 Table of contents Contents Page 1. Cover Page 1 2. Table of Contents 2 3. Independent Auditors’ Report 3 4. Consolidated Balance Sheets 4 5. Consolidated Statements of Comprehensive Income 5 6. Consolidated Statements of Changes in Stockholder’s Equity 6 7. Consolidated Statements of Cash Flows 7 8. Notes to the Consolidated Financial Statements (1) History and Organization 8 (2) Approval Date and Procedures of the Consolidated Financial Statements 8 (3) New Standards, Amendments and Interpretations adopted 9～12 (4) Summary of Significant Accounting Policies 12～39 (5) Primary Sources of Significant Accounting Judgments, Estimates and 40 Assumptions Uncertainty (6) Summary of Major Accounts 40～202 (7) Related-Party Transactions 203～215 (8) Pledged Assets 216 (9) Significant Contingent Liabilities and Unrecognized Contract 217～226 Commitment (10) Significant Catastrophic Losses 227 (11) Significant Subsequent Events 227 (12) Other 227～282 (13) Disclosures Required (a) Related information on significant transactions 283～287 (b) Related information on reinvestment 287～289 (c) Information on investment in Mainland China 289～290 (14) Segment Information 291 KPMG 11049 5 7 68 ( 101 ) Telephone + 886 (2) 8101 6666 台北市 信義路 段 號 樓 台北 大樓 68F., TAIPEI 101 TOWER, No.
    [Show full text]
  • Summary of Investments by Type
    COMMON INVESTMENT FUNDS Schedule of Investments March 31, 2017 SUMMARY OF INVESTMENTS BY TYPE Cost Market Value Fixed Income Investments $ $ Short-term investments 42,653,484 42,653,484 Bonds 175,482,352 175,327,122 Mortgage-backed securities 22,199,796 21,785,061 Emerging markets debt 9,619,817 10,899,147 Bank loans - high income fund 20,985,176 23,595,337 Total Fixed Income Investments 270,940,624 274,260,151 Equity-Type Investments Mutual funds Domestic 9,234,353 12,420,750 International 18,849,681 18,688,379 Common stocks Domestic 152,833,551 187,487,257 International 216,167,277 227,850,648 Total Equity-Type Investments 397,084,862 446,447,034 Alternative Investments Funds of hedge funds 38,264,990 46,247,453 Real estate trust fund 6,876,041 10,104,141 Total Alternatives Investments 45,141,031 56,351,594 TOTAL INVESTMENTS 713,166,517 777,058,779 Page 1 of 32 COMMON INVESTMENT FUNDS Schedule of Investments March 31, 2017 SUMMARY OF INVESTMENTS BY FUND Cost Market Value Fixed Income Fund $ $ Short-term investments 13,092,627 13,092,627 Bonds 143,036,345 143,362,214 Mortgage-backed securities 21,372,523 20,977,317 Emerging markets debt 9,619,817 10,899,147 Bank loans - high income fund 20,985,176 23,595,337 208,106,487 211,926,642 Domestic Core Equity Fund Short-term investments 9,127,791 9,127,791 Common stocks 134,983,626 165,021,220 Futures - (5,950) Private placement 4,150 4,150 144,115,567 174,147,211 Small Cap Equity Fund Short-term investments 2,937,066 2,937,066 Mutual funds 9,234,353 12,420,750 Common stocks 17,845,775 22,467,836
    [Show full text]
  • Chapter 2 Hon Hai/Foxconn: Which Way Forward ?
    Chapter 2 Hon Hai/Foxconn: which way forward ? Gijsbert van Liemt 1 1. Introduction Hon Hai/Foxconn, the world's leading contract manufacturer, assembles consumer electronics products for well-known brand-names. It is also a supplier of parts and components and has strategic alliances with many other such suppliers. Despite its size (over a million employees; ranked 32 in the Fortune Global 500) and client base (Apple, HP, Sony, Nokia), remarkably little information is publicly available on the company. The company does not seek the limelight, a trait that it shares with many others operating in this industry. Quoted on the Taiwan stock exchange, Hon Hai Precision Industry (HHPI) functions as an ‘anchor company’ for a conglomerate of companies. 2 As the case may be, HHPI is the sole, the majority or a minority shareholder in these companies and has full, partial or no control at all. Many subsidiaries use the trade name Foxconn and that is why this chapter refers to the company as Hon Hai/Foxconn. Among its many subsidiaries and affiliates are Ambit Microsystems, Cybermart, FIH Mobile, Fu Taihua Industrial, Hong Fujin Precision and Premier Image. After a near hundredfold increase in sales in the first decade of this century Hon Hai/Foxconn's sales growth slowed down drastically. The company is facing several challenges: slowing demand growth in its core (electronics) business; a weakening link with Apple, its main customer; rising labour costs and a more assertive labour force in China, its main production location; and pressure from its shareholders. 1. Copyright 2015 Gijsbert van Liemt.
    [Show full text]