Asus 2009 Annual Report Download - page 175

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171
ASUSTeK COMPUTER INC. AND SUBSIDIARIES
Notes to Financial Statements
(Continued)
Usage and redemption
Bank duration 2009/12/31 2008/12/31
Industrial and Commercial
Bank of China Limited
2009.10.09~2011.10.08, interest is
payable quarterly, and principal
amount is payable in lump sum on
maturity date.
140,549 -
The Shanghai Commercial
&Savings Bank, Ltd.
2009.06.08~2012.06.08, payable
in lump sum on maturity date
719,775 -
The Shanghai Commercial
&Savings Bank, Ltd.
2009.06.23~2014.06.23, interest
is payable monthly and principal
is payable in quarterly
installments from the thirteenth
month, commencing the date of
borrowing.
95,940 -
The Shanghai Commercial
&Savings Bank, Ltd.
2009.07.23~2014.07.15, interest is
payable monthly and principal is
payable in quarterly installments
from the thirteenth month,
commencing the date of
borrowing.
23,985 -
The Shanghai Commercial
& Savings Bank, Ltd.
2009.11.23~2014.10.15, interest is
payable monthly and principal is
payable in quarterly installments
from the thirteenth month,
commencing the date of
borrowing.
231,855 -
AVY CO., LTD. (BVI) 2007.10.22~2010.04.02, payable
in lump sum on maturity date.
Fully repaid in advance in 2009.
- 39,360
10,324,144 11,969,627
Less: Current portion (837,772) (2,219,239)
$ 9,486,372 9,750,388
Range of interest rates 0.85%~5.18% 1.00%~6.56%
A. Askey was the guarantor for Askey (Jiaugsu), committed total percentage of the direct and
indirect ownership of Askey by the Company, PEGATRON and UNIHAN should be over 67%
and the direct and indirect ownership in Askey (Jiangsu) by Askey should be 100%. Askey is
required to pledge with the bank every year accounts receivable of no less than USD
30,000,000 as a guarantor. In addition, Askey committed to maintain certain debit ratio, interest
coverage ratio, and tangible net assets. The above covenants are subject to review every six-