Asus 2010 Annual Report Download - page 181

Download and view the complete annual report

Please find page 181 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.

Page out of 211

  • 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

177
5) Details of operating lease for significant property used by ASUS COMPUTER
INTERNATIONAL are as follows:
Lessor Leased Asset Period
Refundable Deposits
(in thousands)
Sobrato Interest, LP The office and warehouse in
Fremont, California
2008/06/01~2018/05/31 USD1,500
Rental expenses for each year are as follows:
Amount
Year
(in thousands)
2011 USD 1,420
2012 1,476
2013 1,535
2014 1,597
2015 and after 5,893
8. SIGNIFICANT DISASTER LOSS:
None.
9. SUBSEQUENT EVENTS:
1) The Board of Directors of the Company in December, 2010 adopted a resolution to buy back
10,000,000 shares of the Company’s issued and outstanding stocks as treasury stocks from
December 10, 2010 to February 9, 2011, with the purposes of enhancing the Company’s credit
rating and the stockholders’ equity. As of the financial reporting date, all the shares above
had been bought back in the amount of $2,609,422.
2) In line with the Group’s organizational framework adjustment and in consideration of
long-term risk, the Board of Directors of ASKEY adopted a resolution on February 22, 2011
to sell its 100% interest of WUJIANG WILL STAR owned by subsidiaries DYNALINK
INTERNATIONAL CORP. and FAMOUS STAR INVESTMENT LIMITED, to URBAN
DEVELOPMENT GROUP CO., LTD. JIANGSU HENGDA BUILDING in the amount of
RMB $208,240,000.
3) As of March 12, 2011, SHUO-YANG TECHNOLOGY INC. paid $4,957,725 to acquire
86,220,000 shares of AAEON TECHNOLOGY INC., constituting 93.29% ownership.
10. OTHERS
1) Financial statement presentation
Certain accounts in the 2009 consolidated financial statements were reclassified to conform
with the 2010 consolidated financial statements presentation.