Asus 2009 Annual Report Download - page 59

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(8) Bonus to employees and remuneration to directors and supervisors
1. Information of dividend to employee and remuneration to directors and supervisors was
prescribed in the Articles of Incorporation.
The Company's net income before tax must be used to pay tax and make up accumulated loss
first, then with 10% legal reserve and 10% special reserve appropriated; also, 10% dividend
interest paid thereafter; also, an amount not less than 1% of the balance thereafter is
appropriated for the distribution of dividend to employees, an amount not over 1% of the
balance thereafter is appropriated for the distribution of remuneration to directors and
supervisors. The subsidiary’ s employees are entitled to the distribution of stock dividend of
the parent company. The board of directors is then proposed the distribution of the net
balance in shareholders meeting for approval.
2. Accounting process applied to the estimation base of dividend to employee and
remuneration to directors and supervisors, outstanding shares computing base for
stock dividend distribution, and the spread between amount distributed and
estimated:
For the estimation base of dividend to employee and remuneration to directors and
supervisors, net income is used to pay tax and make up loss first, appropriating 10%
legal surplus thereafter and 10% dividend afterwards. Employee bonus is for an
amount equivalent to 10% of the net income thereafter and the remuneration to
Directors and Supervisors is for an amount equivalent to 1% of the net income. The
outstanding shares computing base for stock dividend distribution is based on the
closing price of the day before the shareholders meeting and the ex-right and
ex-dividend effect. The spread between amount distributed and estimated is deemed
as changes in accounting estimation and debited or credited to the profit and loss
account upon in the distributing year.
3. Dividend distribution of employees in 2009 resolved by the board of directors
(1)Distribution amount of cash dividend and stock dividend to employees and
remuneration to directors and supervisors proposed:
Amount of Distribution (NTD)
Cash dividend to
employees 698,438,530
Stock dividend to
employees 0
Remuneration to
directors and supervisors 69,843,815
The spread amount between the expense accrued and estimated must be disclosed
and with the causes and processes detailed: None
(2) Proposed stock dividend amount to employees and the ratio of that amount to the
total amount of net income and total dividend to employees
(3) Earnings per share including the proposed stock dividend to employees and
remuneration to directors and supervisors: Not applicable since the stock dividend
to employees and remuneration to directors and supervisors is expensed in
accounting books.
4. The distribution of dividend to employees and remuneration to directors and
supervisors (including shares and amount distributed and stock price) in 2008; the