UNITED INTEGRATED SERVICES CO., LTD. Notes to the Financial Statements
Total Page:16
File Type:pdf, Size:1020Kb
Stock Code: 2404 UNITED INTEGRATED SERVICES CO., LTD. 2018 Annual Report Printed on April 30, 2019 The contents of this annual report and related information of the Company can be found on the following websites: Market Observation Post System: http:// mops.twse.com.tw Website of the Company: http://www.uisco.com.tw I. Spokesperson and acting spokesperson of the Company Name: Benny Chen Name: Benny Chen Job Title: President Job Title: President Tel.: (02)2917-4060 Tel.: (02) 2917-4060 E-mail: [email protected] E-mail: [email protected] II. Address and telephone number of the head office and the Construction Office 1. Address of the head office : 6th Floor, No. 297, Section 6, Roosevelt Road, Taipei City (02) 8663-6103 2. Xindian Business Center : 5th Floor, No. 3, Lane 7, Baogao Road, Xindian District, New Taipei City Tel. : (02) 2917-4060 3. Hsinchu Construction Office : No. 43, Alley 19, Lane 452, Baoshan Road, Hsinchu City Tel. : (03) 578-2125 4. Taichung Construction Office : No. 101-6, Yonghe Road, Daya District, Taichung City Tel. : (04) 256-92634 5. Tainan Construction Office : No. 523 Xingnong Road, Shanhua District, Tainan City Tel. : (06) 581-0129 III. Stock service office Name: Taishin International Bank - Share Administration Agency Address: B1, No. 96, Section 1, Jianguo North Road, Zhongshan District, Taipei City Website: http://www.taishinbank.com.tw Tel.: (02) 2504-8125 IV. Certified Public Accountant in the most recent year CPAs: Tsunglin Li and Tzuhui Li Name of CPA Firm: KPMG in Taiwan Address: 68th Floor, No. 7, Section 5, Xinyi Road, Taipei City Website: http://www.kpmg.com.tw Tel.: (02) 8101-6666 V. Name of offshore stock exchange and information inquiry method: None. VI. Company website: http://www.uisco.com.tw Table of Contents One. To Shareholders ............................................................................................................................................... 1 I. Business report ...................................................................................................................................... 3 II. The 2019 Business Plan Summary......................................................................................................... 5 Two. Company profile .............................................................................................................................................. 6 Three. Corporate governance report ......................................................................................................................... 20 I. Company organization ........................................................................................................................... 20 II. Director and key manager information .................................................................................................. 22 III. Corporate governance operation of TWSE/GTSM Listed Companies .................................................. 33 IV. CPA information .................................................................................................................................... 70 V. Information on CPA replacement .......................................................................................................... 70 VI. The Company’s chairman, president, and finance officer or accounting manager who has worked for 71 the CPA firm or its affiliates within the year ......................................................................................... VII. Changes in shareholdings of directors, managers, and major shareholders ........................................... 71 VIII. Data of top-ten shareholders as related party ......................................................................................... 72 IX. Comprehensive shareholding ratio......................................................................................................... 75 Four. Fundraising status ........................................................................................................................................... 76 I. Capital stock and shareholdings ............................................................................................................. 76 II. Corporate bond ...................................................................................................................................... 84 III. Preferred stock shares ............................................................................................................................ 84 IV. Overseas depositary receipt ................................................................................................................... 84 V. Employee stock warrant ......................................................................................................................... 84 VI. Merger or acquisition and transfer of shares from other company with new stock shares issued .......... 84 VII. Fund utilization plan .............................................................................................................................. 84 Five. Operation overview ......................................................................................................................................... 85 I. Business operation ................................................................................................................................. 85 II. Market and production and sales overview ............................................................................................ 87 III. Staff information for the last two years and as of the annual report printing date .................................. 93 IV. Environmental expenditure information ................................................................................................ 93 V. Labor Relations ...................................................................................................................................... 93 VI. Important contracts ................................................................................................................................ 95 Six. Financial overview ........................................................................................................................................... 99 I. Condensed balance sheet and consolidated income statement for the last five years ............................. 99 II. Analysis of financial data for the last five years .................................................................................... 105 III. Audit Committee Audit Report for the most recent year ....................................................................... 110 IV. Independent Auditor’s Report and financial report for the most recent year ......................................... 110 V. The audited financial report of the subsidiaries in the most recent year ................................................ 110 VI. The impact of the financial difficulty, if any, of the Company and its affiliates on the Company in the 111 most recent year and as of the annual report printing date should be illustrated .................................... Seven. Review and analysis of financial conditions and operating results and risk issues .................................... 112 I. Financial conditions ............................................................................................................................... 112 II. Financial performance ........................................................................................................................... 114 III. Cash flow ............................................................................................................................................... 115 IV. The impact of major capital expenditures on financial operations in the most recent year .................... 115 V. Investment policy, the main reason for its profit or loss, and improvement plan in the most recent 115 year, and investment plan for next year ................................................................................................. VI. Risk management, analysis, and evaluation ........................................................................................... 117 VII. Other important matters ......................................................................................................................... 122 Eight. Special notes ..................................................................................................................................................... 125 I. Information on the affiliates................................................................................................................... 125 II. Private placement of securities arranged in the most recent year and as of the annual report printing 128 date ........................................................................................................................................................ III. The Company’s stock shares held or disposed of by the subsidiaries in the most recent year and as of 129 the annual report printing date ............................................................................................................... IV. Other necessary supplementary notes .................................................................................................... 129 Nine. The occurrence of the events that have significant impact on shareholders’ equity or securities price as