Asus 2008 Annual Report Download - page 185

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181
ASUSTEK COMPUTER INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements
(In thousands of New Taiwan dollars unless otherwise stated)
(4) Based on the actuarial report which measures the pension assets and liabilities on
December 31, 2008 and 2007, the reconciliation between the funding status of pension
plan and accrued pension liability as of December 31, 2008 and 2007 are as follows:
2008/12/31
2007/12/31
Benefit Obligations:
Vested Benefit Obligation
$(2,784)
$(1,412,975)
Non-vested Benefits Obligation
(144,854)
(160,838)
Accumulated Benefit Obligation
(147,638)
(1,573,813)
Effect of Projected Future Salary Increase
(103,581)
(90,473)
Projected Benefit Obligation
(251,219)
(1,664,286)
Fair Value of Plan Assets
260,142
722,307
Status of Pension Plan
8,923
(941,979)
Unrecognized net transition obligation
44,358
17,737
Unamortized Actuarial Benefit
(67,313)
(40,247)
Additional minimum pension liability
(3,057)
(26,417)
Accrued Pension Liability
$(17,089)
$(990,906)
Accrued Pension Liability-Defined Benefit
Pension Plan
$(17,089)
$(990,906)
Prepaid pension cost
-
-
Accrued Pension Liability-Current
(Classified
as accrued expense)
472
914,935
Accrued Pension Liability-Noncurrent
$(16,617)
$(75,971)
(5) As of December 31, 2008 and 2007, vested benefits of the Company and domestic
subsidiaries pension plan were $3,831 thousand and $1,413,066 thousand, respectively.
(6) The main actuarial assumptions are as follows:
2008/12/31
2007/12/31
Discount rate
2.50%~2.75%
2.75%~3.00%
Rate of increase in future compensation level
2.00%~3.00%
2.50%~3.00%
Expected long-term rate of return on plan assets
2.50%~2.75%
2.75%~3.00%