Acer 2005 Annual Report Download - page 43

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ACER INCORPORATED AND SUBSIDIARIES
Consolidated Balance Sheets
December 31, 2004 and 2005
(in thousands of New Taiwan dollars and US dollars)
Assets 2004 2005
NT$ NT$ US$
Current assets:
Cash and cash equivalents (note 4(1)) 15,686,705 28,482,653 867,448
Short-term investments (notes 4(2)(17) and 6) 16,157,618 6,160,138 187,609
Notes and accounts receivable, net of allowance for doubtful accounts of
NT$820,383 and NT$855,489 as of December 31, 2004 and 2005,
respectively (notes 4(3) and 6)
33,939,116
63,861,995
1,944,937
Notes and accounts receivables from related parties (note 5) 1,351,451 6,040,397 183,962
Other receivables from related parties (note 5) 1,072,139 724,502 22,065
Other financial assets (notes 4(4)(17)) 1,852,351 3,179,466 96,832
Inventories (notes 4(5) and 6) 13,363,463 29,055,723 884,901
Prepaid expenses and other current assets 935,163 647,089 19,707
Deferred income tax assets－current (note 4(14)) 599,970 1,051,878 32,035
Pledged time deposits (note 6) 71,931 18,426 561
Total current assets 85,029,907 139,222,267 4,240,057
Long-term equity investments (notes 4(6)(17) and 6)
Accounted for using equity method 15,869,274 13,299,186 405,031
Accounted for using cost method or lower-of-cost-or-market-value
method 4,775,325
4,306,787 131,165
Total long-term equity investments 20,644,599 17,605,973 536,196
Property and equipment (notes 4(7) and 6)
Land 4,868,749 2,510,171 76,448
Buildings and improvements 6,983,541 6,687,113 203,658
Machinery and computer equipment 3,789,980 3,444,609 104,907
Furniture and fixtures 760,408 767,100 23,362
Leasehold improvement 403,331 334,426 10,185
Leased equipment 189,719 128,826 3,923
Other equipment 758,220 806,378 24,558
Construction in progress and advance payments for purchases
of property and equipment 35,466
142,396 4,337
17,789,414 14,821,019 451,378
Less: accumulated depreciation (4,342,434) (4,600,862) (140,121)
accumulated asset impairment - (752,000) (22,902)
Net property, plant and equipment 13,446,980 9,468,157 288,355
Intangible assets (note 4(8)) 784,296 501,878 15,285
Property not used in operation (notes 4(7) and 6) 3,469,674 3,478,937 105,952
Other financial assets (note 4(9)) 659,627 988,033 30,091
Deferred income tax－non-current (note 4(14)) 179,064 71,720 2,184
Deferred expenses and other assets (note 4(13)) 247,142 224,684 6,843
Total assets 124,461,289 171,561,649 5,224,963
Liabilities and Stockholders' Equity 2004 2005
NT$ NT$ US$
Current liabilities:
Short-term borrowings (notes 4(10) and 6) 5,182,060 3,400,617 103,567
Current installments of long-term debt (notes 4(11) and 6) 67,395 42,238 1,287
Current installments of bonds payable (note 4(12)) 6,000,000 - -
Notes and accounts payable 23,592,932 64,779,336 1,972,875
Notes and accounts payables to related parties (note 5) 3,126,267 8,598,247 261,862
Other payables to related parties (note 5) 227,541 73,366 2,234
Royalties payable 2,363,365 4,677,416 142,452
Accrued expenses and other current liabilities (note 4(17)) 19,339,199 20,567,088 626,377
Total current liabilities 59,898,759 102,138,308 3,110,654
Long-term liabilities:
Long-term debt, excluding current installments (notes 4(11) and 6) 257,007 146,623 4,465
Other liabilities (note 4(13)) 1,509,671 326,510 9,944
Deferred income tax liabilities－non-current (note 4(14)) 578,133 1,700,757 51,797
Total long-term liabilities 2,344,811 2,173,890 66,206
Total liabilities 62,243,570 104,312,198 3,176,860
Stockholders’ equity and minority interest (notes 4(15)(17))
Common stock 20,933,677 22,545,187 686,621
Capital surplus 30,541,968 30,552,133 930,475
Retained earnings
Legal reserve 4,919,949 5,621,115 171,193
Special reserve 1,261,851 2,017,819 61,453
Unappropriated earnings 7,029,767 8,484,278 258,391
Other stockholders’ equity components
Unrealized loss on long-term equity investments (214,814) (454) (14)
Foreign currency translation adjustment 132,516 (226,806) (6,907)
Hedging reserve (516,611) 66,062 2,012
Treasury stock (3,411,280) (3,270,920) (99,617)
Total stockholders’ equity 60,677,023 65,788,414 2,003,607
Minority interest 1,540,696 1,461,037 44,496
Total stockholders’ equity and minority interest 62,217,719 67,249,451 2,048,103
Commitments and contingencies (note 7)
Total liabilities and stockholders’ equity 124,461,289 171,561,649 5,224,963