Asus 2009 Annual Report Download - page 173

169
ASUSTeK COMPUTER INC. AND SUBSIDIARIES
Notes to Financial Statements
(Continued)
(11)Investments – land use right
In 2006, WUJING WILL STAR entered into a contract with Wujiang City Government, to obtain
two land use rights for RMB 143,825,000. As of December 31, 2009, WUJING WILL STAR has
paid RMB 92,360,000 for one of the land use rights and recognized it as investment – land use right.
(12)Short-term loans and short-term notes bills payable
2009/12/31
2008/12/31
Unsecured loans $ 11,863,692 14,224,407
Secured loans 589,408 348,000
Letter of credit - 1,437
Short-term notes and bills payable 49,933 -
$ 12,503,033 14,573,844
Range of interest rates 0.44%~5.04% 1.16%~4.34%
The Group provided its assets as collateral for short-term loans. Please refer to note 6 for details.
(13) Long-term loans
Usage and redemption
Bank duration 2009/12/31 2008/12/31
Taiwan Business Bank 2006.10.15~2009.07.15, payable
in quarterly installments,
commencing one year after the
day next to the project
completion date.
$ - 15,000
Taipei Fubon Bank -
syndicated loan
2006.11.01~2009.11.01, USD
5,000,000 payable on May 1,
2009, and the remaining amount
on maturity date.
- 1,640,000
Mega International
Commercial Bank
2004.3.31~2009.07.30, payable
in 20 installments, commencing
the closest 15th of January, April,
July or October of the date of
borrowing.
- 26,750
Mega International
Commercial Bank
2004.12.31~2011.12.31, payable
in 20 quarterly installments,
commencing the closest 15th of
January, April, July or October of
the date of borrowing.
10,720 248,221