Asus 2007 Annual Report Download - page 138

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134
134
(II)฀Analysis฀of฀gross฀profit฀
Unit:฀ NT$1,000฀
Root฀cause฀
฀ Change฀amount฀
Difference฀of฀
price
Difference฀of฀
cost
Difference฀of฀
sales
combination฀
Difference฀of฀
quantity
Gross฀profit฀ 13,746,797฀ (896,284,090) 872,652,674฀ 40,885,36378,263,576
Remark฀ The฀increase฀of฀gross฀profit฀in฀2007฀was฀due฀to฀the฀effect฀of฀favorable฀change฀o
f
sales฀volume฀and฀the฀unfavorable฀change฀of฀gross฀profit.฀
III.฀Analysis฀of฀cash฀flow฀
(I)฀Liquidity฀analysis฀of฀the฀last฀two฀years฀
2007฀ 2006฀ Financial฀ratio฀change
Current฀ratio฀ 9.44฀ 1.977.47
Cash฀adequacy฀ratio฀ 26.37฀ 18.667.71
Cash฀reinvestment฀ratio฀ 3.54 0.02 3.56
Analysis฀of฀financial฀ratio฀change:฀
Current฀ ratio,฀ Cash฀ adequacy฀ ratio,฀ and฀ Cash฀ reinvestment฀ ratio฀ were฀ increased in฀
2007฀from฀2006.฀
Root฀cause:฀The฀net฀cash฀inflow฀was฀increased฀due฀to฀the฀increase฀of฀purchase฀orders฀
and฀sales฀incomes฀on฀the฀end฀of฀December฀2007.฀
(II)฀Analysis฀of฀cash฀liquidity฀in฀one฀year฀
Unit:฀ NT$100฀ million฀
Remedial฀measures฀for฀
the฀expected฀
insufficient฀cash฀
Beginning
cash
balance
Expected฀net฀
cash฀flow฀from฀
operating
activity฀of฀the฀
year
Expected
cash
outflow฀of฀
the฀year
Expected฀cash฀
surplus฀(deficit)
Investing
activity
Financing
activity
91.7 220 120 191.7 -฀ -฀
1. Analysis฀of฀cash฀flow฀change:฀
(1) Operating฀activity:฀Net฀cash฀inflow from฀operating฀activity฀for฀an฀amount฀
of฀NT$22฀billion฀
(2) Investing฀ activity:฀ Net฀ cash฀ outflow฀ from฀ investing฀ activity฀ including฀
long-term฀investment฀for฀an฀amount฀of฀NT$2฀billion฀ ฀
(3) Financing฀ activity:฀ Net฀ cash฀ outflow฀ from฀ financing฀ activity฀ including฀
dividend฀distribution฀for฀an฀amount฀of฀NT$10฀billion฀
2. Remedial฀measures฀for฀the฀expected฀insufficient฀cash฀and฀liquidity฀analysis:฀N/A
year
item