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Acer Incorporated 2008 Annual Report64
Financial Standing
Acer Incorporated 2008 Annual Report 65
ACER INCORPORATED AND SUBSIDIARIES
Consolidated Statements of Changes in Stockholders’ Equity
Years ended December 31, 2007 and 2008
(Expressed in thousands of New Taiwan dollars and US dollars)
Retained earning
Common
stock
Capital
surplus
Legal
reserve
Special
reserve
Unappropriated
earnings
Foreign
currency
translation
adjustment
Minimum pension
liability
adjustment
Unrealized gain (loss)
on available-
for-sale nancial
assets
Hedging
reserve
Treasury
stock
Minority
interest
Total
stockholders’
equity
NT$ NT$ NT$ NT$ NT$ NT$ NT$ NT$ NT$ NT$ NT$ NT$
Balance at January 1, 2007 23,370,637 29,947,020 6,468,865 283,921 11,531,479 1,335,500 - 4,374,388 (12,780) (3,270,920) 1,527,673 75,555,783
2007 net income - - - - 12,958,933 - - - - - 1,992 12,960,925
Foreign currency translation adjustment - - - - - 1,398,399 - - - - - 1,398,399
Unrealized gain (loss) on qualifying cash ow hedge ---- --- -28,616 - - 28,616
Appropriation approved by the stockholders (note 4(20)):
Legal reserve - - 1,021,824 - (1,021,824) - - - - - - -
Stock dividends and employee bonuses in stock 684,267 --- (684,267) - - - - - - -
Special reserve - - - (283,921) 283,921 - - - - - - -
Cash dividends - - - - (8,997,695) - - - - - - (8,997,695)
Directors’ and supervisors’ remuneration - - - - (94,804) - - - - - - (94,804)
Employee bonuses in cash - - - - (424,719) - - - - - - (424,719)
Decrease in capital surplus resulting from long-term equity investments
accounted for by the equity method (note 4(10)) --(169,810) - - - - - - - - - (169,810)
Cash dividends distributed to subsidiaries - 121,773 - - - - - - - - - 121,773
Unrealized loss on available-for sale nancial assets ---- ---(1,865,725) ---(1,865,725)
Minimum pension liability adjustment - - - - - - (173,364) - - - - (173,364)
Change in minority interest - - - - - - - - - - (930,385) (930,385)
Balance at December 31, 2007 24,054,904 29,898,983 7,490,689 -13,551,024 2,733,899 (173,364) 2,508,663 15,836 (3,270,920) 599,280 77,408,994
2008 net income - - - - 11,742,135 - - - - - (5,011) 11,737,124
Foreign currency translation adjustment - - - - - (1,492,841) - - - - - (1,492,841)
Unrealized gain (loss) on qualifying cash ow hedge - - - - - - - - (289,401) - - (289,401)
Appropriation approved by the stockholders (note 4(20)):
Legal reserve - - 1,295,894 -(1,295,894) - - - - - - -
Stock dividends and employees’ bonuses in stock 690,823 --- (690,823) - - - - - - -
Cash dividends - - - - (8,659,766) - - - - - - (8,659,766)
Directors’ and supervisors’ remuneration - - - - (116,630) - - - - - - (116,630)
Employees’ bonuses - - - - (544,728) - - - - - - (544,728)
Cash dividends distributed to subsidiaries - 114,832 - - - - - - - - - 114,832
Decrease in capital surplus resulting from long-term equity investments
accounted for by the equity method (note 4(10)) --(78,255) - - - - - - - - - (78,255)
Unrealized loss on available-for sale nancial assets ---- ---(3,964,729) ---(3,964,729)
Minimum pension liability adjustment - - - - - - 173,081 - - - - 173,081
Issuance of shares for acquisitions (note 4(20)) 1,681,589 7,155,678 - - - - - - - - - 8,837,267
Issuance of shares for the exercise of stock options (note 4(20)) 1,244 858 - - - - - - - - - 2,102
Share-based payment transactions (note 4(21)) -37,856 - - - - - - - - - 37,856
Treasury stock held by subsidiaries - - - - - - - - - (251,678) -(251,678)
Change in minority interest - - - - - - - - - - (35,613) (35,613)
Balance at December 31, 2008 26,428,560 37,129,952 8,786,583 -13,985,318 1,241,058 (283) (1,456,066) (273,565) (3,522,598) 558,656 82,877,615
Balance at December 31, 2008 (in US$) 805,307 1,131,390 267,737 - 426,148 37,816 (9) (44,368) (8,336) (107,337) 17,023 2,525,371