Acer 2007 Annual Report Download - page 89

Download and view the complete annual report

Please find page 89 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

86
December 31, 2007 2007
Percentage of
ownership Book value
Investment
income (loss)
% NT$ NT$
Wistron Corporation 9.13 2,987,685 668,653
e-Life Mall Corp. 21.82 682,475 116,160
The Eslite Bookstore 18.62 395,411 34,465
Apacer Technology Inc. 34.40 313,410 (141,642)
Aegis Semiconductor Technology Inc. 44.03 165,235 -
ECOM Software Inc. 33.93 50,830 10,798
Bluechip Infotech Pty Ltd. 33.41 77,811 11,698
HiTRUST.COM Inc. (“HiTRUST.COM”) - - 122,012
Other 24,843 (22,892)
Deferred credits (8,016) 27,009
4,689,684 826,261
Less: Allocation of corporate expense (130,601)
695,660
Deferred credits of long-term equity investments represent the unamortized balance of
deferred gains and losses derived from the sale of equity investment among the affiliated
companies.
Commencing from June 30, 2006, the Consolidated Companies had no significant influence
over Qisda Corporation’s (formerly known as BenQ) operating and financial policies, and as a
result, the equity investments in Qisda were reclassified as “available-for-sale financial assets
Ёnoncurrent”.
Commencing from December 31, 2007, the Consolidated Companies decreased their ownership
interest in HiTRUST.COM and thus had no significant influence over HiTRUST.COM’s
operating and financial policies. Consequently, the equity investments in HiTRUST.COM
were reclassified as “financial assets carried at costЁnoncurrent”.
In 2006, the Consolidated Companies sold portions of their investments in Wistron, BenQ and
other investees, and an aggregate gain of NT$2,736,565 was recognized from these sales. In
2007, the Consolidated Companies sold portions of their investments in Wistron, Apacer,
HiTRUST. COM, and other investees, and an aggregate gain of NT$1,834,450 was
recognized from these sales.
In 2006, Hontang Venture Capital retuned capital of NT$48,951 to the Consolidated
Companies.
The Company’s capital surplus was reduced by NT$698,363 and NT$169,810 in 2006 and 2007,
respectively, as a result of recognizing changes is investees’ equity accounts or disposal of
equity-method investments.
(10) Available-for-sale financial assetsЁnoncurrent
December 31, 2006 December 31, 2007
NT$ NT$ US$
Qisda Corporation (formerly known as
BenQ) 2,273,775 2,655,514 81,872
Silicon Storage Technology Inc. 74,092 10,571 326
Yosun Industrial Corp. - 704,762 21,728
International Semiconductor Technology
Ltd. (IST)
36,367 -
-
2,384,234 3,370,847 103,926