Asus 2007 Annual Report Download - page 89

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English Translation of a Report Originally Issued in Chinese
Report of Independent Accountants
The Board of Directors and Stockholders
ASUSTeK Computer Inc.
We have reviewed the accompanying non-consolidated balance sheets of ASUSTeK Computer Inc. as of
March 31, 2008 and 2007, and the related non-consolidated statements of income and cash flows for the
three-month periods then ended. These financial statements are the responsibility of the Company’s
management. Our responsibility is to report on these financial statements based on our review. We did not
review the financial statements of Ability Enterprise Co., Ltd., an indirect equity investee of the Company.
The financial statements of Ability Enterprise Co., Ltd. as of March 31, 2008 were reviewed by other auditors
whose report has been furnished to us, and our review, insofar as it relates to long-term investments evaluated
by equity method in Ability Enterprise Co., Ltd., is based solely on the report of the other auditors.
Except as discussed in the following paragraph, we conducted our reviews in accordance with Statement on
Auditing Standards No. 36 “Review of Financial Statements’’ in the Republic of China on Taiwan. A
review of financial statements consists principally of applying analytical procedures to financial data, and
making inquiries of persons responsible for financial and accounting matters. It is substantially less in scope
for an audit conducted in accordance with auditing standards generally accepted in the Republic of China on
Taiwan with the objective of expressing an opinion regarding the financial statements taken as a whole.
Accordingly, we do not express such an opinion.
We were unable to obtain reviewed financial statements of certain equity investees supporting the Company’s
long-term equity investments stated at $90,836,895 thousand dollars and $84,450,749 thousand dollars on
March 31, 2008 and 2007, respectively; or the related investment income of $2,284,556 thousand dollars and
$2,983,140 thousand dollars for the three-month periods then ended as described in Note IV.7 to the financial
statements.
Based on our review and the report of other auditors, with the exception of the matter described in the
preceding paragraph, we are not aware of any material modifications that should be made to the
accompanying financial statements referred to above for them to be in conformity with “Business Accounting
Law”and “Criteria for Handling Business Accounting”with respect to financial accounting standards,
“Criteria Governing the Preparation of Financial Reports by Securities Issuers”and generally accepted
accounting principles in the Republic of China on Taiwan.
As discussed in Note V.2 to the financial statements, the Company resolved to spin-off its OEM businesses on
January 1, 2008. According to the Company’s resolution, the Company transferred its computer and
non-computer related OEM businesses to its spun-off subsidiaries Pegatron Corporation and Unihan
Corporation, respectively. As discussed in Note III to the financial statements, the Company adopted
Interpretation 96-052 issued by Accounting Research and Development Foundation to account for its
employees’bonuses and directors’ and supervisors’remuneration after January 1, 2008.
We have also expressed a qualified review report, under separate cover, on the consolidated financial
statements of ASUSTeK Computer Inc. and subsidiaries for the three-month period ended March 31, 2008.
Taipei, Taiwan
Republic of China
April 28, 2008
Notice to Readers
The accompanying financial statements are intended only to present the financial position and results of operations and cash flows
in accordance with accounting principles and practices generally accepted in the Republic of China on Taiwan and not those of any
other jurisdictions. The standards, procedures and practices to audit such financial statements are those generally accepted and
applied in the Republic of China on Taiwan.