Asus 2009 Annual Report Download - page 117

Download and view the complete annual report

Please find page 117 of the 2009 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 239

  • 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

113
ASUSTEK COMPUTER INC.
Notes to Financial Statements
B. The Company obtained permission from the Labor Affairs Bureau, Taipei, to suspend the
appropriation of pension funds for those foreign employees subject to the Labor Standards
Laws in 2009.
(9) Stockholders’ equity
A. Capital stock
On June 11, 2008, the stockholders resolved to increase capital by 494,065,000 shares by
capitalizing the retained earnings and employees’ bonuses of $4,940,652. The holders of ECB
1 had converted the bonds into 23,627,000 shares of common stock in 2008.
On June 16, 2009, the stockholders resolved to increase capital by 26,851,000 shares by
capitalizing the retained earnings and employees’ bonuses of $268,512. The record date of
this capital increase was set as August 24, 2009. The registration procedures related to the
issuance of shares were completed.
As of December 31, 2009 and 2008, the authorized capital of the Company was $47,500,000
($500,000 was reserved for employee stock options). Each share of this authorized capital has a
par value of $10 per share.
The Company issued Global Depositary Receipts (GDRs), and the GDRs are now listed on the
London Stock Exchange. The GDRs (originally 21,000,000 units issued and changed to
4,200,000 units from January 2, 2008) represent 21,000,000 shares of the Company’ s common
stock.
B. Treasury stock
Movements of treasury stock were as follows:
2009/1/1~2009/12/31
Shares (in thousands) Amount
Beginning of the year $ - -
Addition 26,125 873,459
Retirement (26,125) (873,459)
Ending of the year $ - -