Acer 2007 Annual Report Download - page 88

Download and view the complete annual report

Please find page 88 of the 2007 Acer annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 117

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117

85
December 31, 2006 December 31, 2007
NT$ NT$ US$
IP Fund II 32,400 32,400 999
Dragon Investment Co. Ltd. 323,000 323,000 9,958
World Venture, Inc. 300,000 300,000 9,249
iD Reengineering Inc. 119,940 199,900 6,163
HiTRUST. COM Inc. - 90,818 2,800
DYNA Fund II 20,982 23,459 723
IP Fund III 196,130 195,161 6,017
GE Fund 45,741 - -
iD5 Fund LTP 86,833 73,879 2,278
IP Cathay One, L.P. 65,192 194,610 6,000
IP Fund One L.P. 1,632,438 1,274,713 39,301
MPC Corporation - 231,100 7,125
Other 64,821 82,031 2,529
4,837,842 3,142,121 96,875
In 2006, the Consolidated Companies sold portions of their investments in Harmonix Music
System, CDIB and other investees, and an aggregate gain of NT$183,306 was recognized
from these sales. In 2007, the Consolidated Companies increased their investments in IP
Cathay L.P. and other investees for a total of NT$217,139. Additionally, the Consolidated
Companies sold portions of their investments in TFNC, Incomm Technologies and other
investees, and an aggregate gain of NT$44,593 was recognized from these sales. In 2006, IP
Fund II, Sheng-Hua Venture Capital and other investees returned capital of NT$75,600,
NT$150,000, and NT$19,950, respectively, to the Consolidated Companies. In 2007, IP
Fund One, GE Fund, Prosperity Venture Capital and other investees returned capital of
NT$348,641, NT$45,515, NT$44,000 and NT$57,097, respectively, to the Consolidated
Companies.
The Consolidated Companies recognized an impairment loss on certain financial assets carried
at cost. The impaired amount of NT$545,868 for the year ended December 31, 2006, was
recorded as “other investment losses” in the accompanying consolidated statements of
income.
(9) Equity-method investments
December 31, 2006 2006
Percentage of
ownership Book value
Investment
income (loss)
% NT$ NT$
Wistron Corporation 14.85 4,388,572 923,204
Qisda Corporation (formerly known as BenQ
Corporation) -- (480,304)
e-Life Mall Corp. 21.96 660,038 107,137
Aegis Semiconductor Technology Inc. 44.03 107,461 (102,597)
HiTRUST.COM Inc. 46.42 919,598 (13,289)
Hontang Venture Capital Co., Ltd. 24.48 62,250 663
ECOM Software Inc. 33.93 43,498 7,673
Hyperemia Tech. Co., Ltd 30.22 10,949 2,940
The Eslite Bookstore 17.77 401,691 35,903
Bluechip Infotech Pty Ltd. 43.41 68,688 4,445
Other (34,591) (8,303)
Deferred credits (14,692) 55,217
6,613,462 532,689
Less: Allocation of corporate expense (104,886)
427,803