Asus 2008 Annual Report Download - page 114

110
ASUSTEK COMPUTER INC.
Notes to Non-Consolidated Financial Statements
(In thousands of New Taiwan dollars unless otherwise stated)
15. CAPITAL STOCK
(1) On April 10, 1997, the Company’s stockholders resolved to increase capital for 182,000
thousand shares by transferring from retained earnings. The meeting also resolved to
increase capital for cash for $210,000 thousand, divided into 21,000 thousand shares at
$10 per share, to facilitate the issuance of 21,000 thousand units of Global Depositary
Receipts (GDRs) . The above increase in capital has been approved by the Ministry of
Economic Affairs. The GDRs were offered on May 30, 1997, and now listed on the
London Stock Exchange. Commencing three months after completion of the offering, a
holder of the GDRs may withdraw and hold the shares represented by such GDRs or
request depositary to sell or cause to be sold on behalf of such holder of the shares
represented by such GDRs.
(2) On January 1, 2007, the Company’s outstanding capital amounted to $34,070,702
thousand, divided into 3,407,070,144 shares at $10 par value.
(3) On June 13, 2007, the stockholders resolved to increase capital for 240,604,146 shares
by transferring from retained earnings and employees’ bonuses for $2,406,041 thousand.
The record date of the above increase in capital has been set on August 22, 2007.
(4) The Company’s board resolved, on July 24, 2007, to acquire shares of Ability Enterprise
Co., Ltd. by issuing new shares of the Company to Ability Investment Co., Ltd. The
share swap date was on September 13, 2007 with a swap ratio of 1.71 shares of Ability
Enterprise Co., Ltd. for one share of the Company’s. Because of the above transaction,
new shares of the Company issued for the share swap were 29,824,561 shares. In
addition, the Company’s capital and premium on capital stock increased by $298,245
thousand and $2,400,281 thousand, respectively.
(5) In 2007, the holders of ECB I and domestic convertible bonds had converted the bonds
to 50,787,481 and 72,614 common shares, and increased the issued and outstanding
capital by $507,875 thousand and $726 thousand, respectively.
(6) On June 11, 2008, the stockholders resolved to increase capital for 494,065,172 shares
by transferring from retained earnings and employees’ bonuses for $4,940,652 thousand.
The record date of the above increase in capital has been set on September 6, 2008.
(7) During 2008, the holders of ECB I had converted the bonds to 23,627,151 common
shares, and increased the issued and outstanding capital by $236,272 thousand.