Asus 2010 Annual Report Download - page 162
Download and view the complete annual report
Please find page 162 of the 2010 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.-
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
 |
 |
158
After evaluating and comparing the carrying value of idle assets and the recoverable amount,
the Group recognized a reversal of impairment loss of $55,280 and loss on impairment of
$798,614 for the years ended December 31, 2010 and 2009, respectively.
13) Investment – 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 has paid a deposit
for the other land use right (recognized as investment – land use right). Due to extension of
the canal, the leased area was reduced by Wujiang City Government and part of the proceeds
of RMB 18,959,000 was refunded in June, 2010.
14) Short-term debt and short-term notes and bills payable
2010/12/31 2009/12/31
Unsecured loans $ 3,787,863 $ 11,863,692
Secured loans 72,500 589,408
Letter of credit -49,933
$ 3,860,363 $ 12,503,033
Range of interest rates 0.65%~2.15% 0.44%~5.04%
The Group provided assets for secured bank loans. Please refer to Note 6 for details of
property, plant and equipment pledged as collateral.
15) Bonds payable
(1) The Company issued the first Euro unsecured convertible bonds (ECB 1) on the
Luxembourg Stock Exchange on January 15, 2004, with a zero-coupon rate, a duration of
five years and a par value of US$320,000,000. The details of ECB 1 are as follows:
2010/12/31 2009/12/31
Aggregate principal amount
(USD 320,000,000)
$ - $ 10,822,400
Converted amount (USD 273,711,000) - ( 9,256,906)
Redeemed amount (USD 46,289,000) - ( 1,565,494)
$ - $ -
(2) The details of domestic unsecured convertible bonds are as follows:
2010/12/31 2009/12/31
Aggregate principal amount $ 12,000,000 $ 12,000,000
Accumulated converted amount ( 7,000) ( 7,000)
Accumulated redeemed amount ( 9,533,600) ( 8,226,400)
Discount on bonds payable ( 47,091) ( 156,967)
2,412,309 3,609,633
Less: Convertible bonds payable –
redeemable within one year
( 2,412,309) ( 3,609,633)
Total $ - $ -