Asus 2011 Annual Report Download - page 62

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Distribution of Retained Earnings
In 2011 Unit: NT$
Account Name Amount Remarks
Unappropriated Earning, Beginning (Before
adjusted) 63,157,510,195
(-) Disposition and cancellation of Treasury
stock 2,442,344,150
Unappropriated Earning 60,715,166,045
FY2011 Profit After Tax 16,578,158,673
(-)10% Legal Reserve 1,657,815,867
FY 2011 Distributable Profit 14,920,342,806
Distributable Earnings 75,635,508,851
Appropriation Items:
Dividend Interest (10%) 752,760,280 NT$1 / share
Cash Dividend 10,162,263,780 NT$13.5 / share
Stock Dividend 0
FY2011 Undistributed Profit 4,005,318,746
Unappropriated Earnings, Ending 64,720,484,791
Notes:
Employee’s Bonus 708,379,127
Remuneration for Directors and Supervisors 141,675,825
Note: The proposed profit distribution is allocated from 2011 retained earnings available for distribution.
(7) Impact of the proposed stock dividend in shareholders meeting on business performances and EPS:
None
Note: The Company did not have financial forecast proposed up to the date of the annual report
printed.
(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:
The appropriation of bonus to employees and remuneration to directors and
supervisors is based on the net income after loss appropriation, 10% legal surplus,
and 10% dividend; 1% or more of the remaining balance as bonus to employees and
1% or less of the remaining balance as remuneration to directors and supervisors.
The distribution of stock dividend is based on the closing price one day prior to the
resolution reached in the shareholder meeting and the ex-right and ex-dividend effect.