|
REXON
INDUSTRIAL CORP., LTD.
Balance Sheets
December
31, 2007 and 2006
(amounts are expressed in
thousands of New Taiwan dollars)
|
|
2007 |
2006 |
Amount |
% |
Amount |
% |
|
Assets |
|
|
|
|
|
Current assets: |
|
|
|
|
| Cash
and bank deposits |
$329,363 |
5 |
$250,017 |
4 |
| Financial
assets measured at fair value through profit
or loss |
1,278,418 |
21 |
1,347,422 |
21 |
| Trade
receivables, net of allowance for bad debts |
728,359 |
12 |
1,037,802 |
16 |
|
Trade receivables-related
parties, net of allowance for bad debts |
61,779 |
1 |
131,739 |
2 |
| Other
receivables - related parties |
143,625 |
2 |
156,601 |
2 |
| Other
current financial assets |
131,479 |
2 |
107,731 |
2 |
| Inventories,
net of allowance for obsolescence |
294,305 |
5 |
328,057 |
5 |
| Prepayment
and other current assets |
27,835 |
1 |
74,360 |
1 |
| |
2,995,163
|
49 |
3,433,729 |
53 |
| Investments
: |
|
|
|
|
| Long-term
investments under equity method |
896,080
|
15 |
878,741
|
13 |
| Available-for-sale
financial assets-non-current |
161,305
|
3 |
102,178
|
1 |
|
Financial
assets carried at cost-non-current |
149,152
|
2 |
225,847 |
3 |
| |
1,206,537
|
20 |
1,206,766
|
17 |
|
Property,
plant and equipment, net of accumulated
depreciation |
1,482,875
|
24 |
1,461,714
|
23 |
| Intangible
assets: |
|
|
|
|
|
Deferred
Pension cost |
5,547
|
- |
19,941
|
- |
| Other
intangible assets |
8,905
|
- |
14,776 |
- |
| |
14,452
|
- |
34,717 |
- |
| Other
assets: |
|
|
|
|
| Idle
assets |
121,895
|
2 |
121,895
|
2 |
| Long-term
trade receivables-related paries |
251,508
|
4 |
183,319
|
3 |
| Deferred
income tax assets - non current |
46,663
|
1 |
56,314
|
1 |
| Others |
9,683
|
- |
49,378 |
1 |
| |
429,749
|
7 |
410,906 |
7 |
| Total
Assets |
$6,128,776
|
100 |
$6,547,832
|
100 |
REXON
INDUSTRIAL CORP., LTD.
Balance Sheets
December
31, 2007 and 2006
(amounts are expressed in
thousands of New Taiwan dollars)
|
|
2007 |
2006 |
Amount |
% |
Amount |
% |
|
Liabilities and Stockholders'
Equity |
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
Short-term borrowings |
$1,410,500 |
23 |
$1,648,952 |
25 |
|
Trade payables |
406,755 |
7 |
459,290 |
7 |
|
Trade payables-related parties |
400,861 |
7 |
842,698 |
12 |
| Other
payables - related parties |
30,611 |
- |
13,038 |
- |
|
Current portion of long-term loans |
301,078 |
5 |
265,363 |
4 |
|
Accrued expenses and other current liabilities
|
247,306 |
2 |
234,387 |
3 |
|
|
2,797,111 |
44 |
3,463,728 |
51 |
|
Long-term liabilities: |
|
|
|
|
|
Long-term loans |
465,330 |
8 |
232,329 |
4 |
|
Reserve for land revaluation increment
tax |
31,782 |
- |
31,782 |
- |
|
|
497,112 |
8 |
264,111 |
4 |
|
Other liabilities: |
|
|
|
|
|
Accrued pension cost |
235,005 |
4 |
232,975 |
4 |
|
|
|
|
|
|
|
Total liabilities |
3,529,228 |
56 |
3,960,814 |
59 |
|
Stockholders' equity: |
|
|
|
|
|
Common stock |
2,287,843 |
37 |
2,522,103 |
39 |
|
Capital reserve |
214,867 |
4 |
234,841 |
4 |
|
Retained Earnings: |
|
|
|
|
|
Statutory reserve |
55,508 |
1 |
52,696 |
1 |
|
Special reserve |
- |
- |
37,545 |
1 |
|
Unappropriated earnings |
(30,201) |
- |
28,119 |
- |
|
|
25,307 |
1 |
118,360 |
2 |
| Cumulative translation adjustments |
36,107 |
1 |
27,753 |
- |
|
Unrealized
losses on financial instruments |
41,973 |
1 |
(22,147) |
- |
|
Treasury stock |
(6,549) |
- |
(293,892) |
(4) |
|
Total stockholders' equity |
2,599,548 |
44 |
2,587,018 |
41 |
| Commitments
and contingercies |
|
|
|
|
|
Total Liabilities and
Stockholders' Equity |
$6,128,776 |
100 |
$6,547,832 |
100 |
|
