Asus 2008 Annual Report Download - page 170

Download and view the complete annual report

Please find page 170 of the 2008 Asus 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 251

  • 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
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251

166
ASUSTEK COMPUTER INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements
(In thousands of New Taiwan dollars unless otherwise stated)
(2) As of December 31, 2008 and 2007, KINSUS INTERCONNECT TECHNOLOGY
CORP. sold the account receivables as follows:
Write-off of account
receivables
Receipt in advance
Collateral
Credit
Purchaser
2008/12/31
2007/12/31
2008/12/31
2007/12/31
Mega International
Commercial Bank
$233,717
$399,051
$-
$-
None
(Note)
Note: As of December 31, 2008 and 2007, the credits were both USD 30,000 thousand.
(3) Those receivables under legal proceedings have been reclassified as accounts
receivable-overdue. Please refer to Note IV.16 for details.
7. INVENTORIES-NET
Inventories-net consist of the following:
2008/12/31
2007/12/31
Raw materials
$31,116,894
$51,815,511
Work in process
5,515,001
7,574,344
Finished goods
21,724,425
27,257,517
Merchandise
40,899,482
18,300,387
Inventories in transit
5,538,744
1,588,644
Subtotal
104,794,546
106,536,403
Less: Allowance for loss on decline in market
value and obsolescence
(7,337,476)
(3,112,648)
Total
$97,457,070
$103,423,755
8. NONCURRENT ASSETS HELD FOR SALE
(1) Noncurrent assets held for sale consist of the following:
2008/12/31
Items
Cost
Accumulated
Depreciation
Book
Value
Land
$110,115
$-
$110,115
Buildings
58,203
18,064
40,139
Subtotal
$168,318
$18,064
150,254
Add: Fair value adjustment for
identifiable assets
32,622
Total
$182,876