Asus 2011 Annual Report Download - page 97

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93
As described in Note 4(7), ASUSTEK COMPUTER INC. spun off the OEM assets and
business (ASUSTEK COMPUTER INC.’s long-term equity investment in PEGATRON
CORPORATION) to PEGATRON INTERNATIONAL INVESTMENT CO. on June 1, 2010.
PEGATRON INTERNATIONAL INVESTMENT CO. then issued new shares to the
Company and its shareholders as consideration. Further, the Company had a capital reduction
of 85%.
We have also audited the consolidated financial statements of ASUSTEK COMPUTER INC.
and its subsidiaries (not presented herein) as of and for the years ended December 31, 2011
and 2010. We expressed an unqualified opinion with an explanatory paragraph thereon
resulted from the financial statements of certain subsidiaries were audited by other auditors.
PricewaterhouseCoopers, Taiwan
March 23, 2012
The accompanying financial statements are not intended to present the financial position, results of
operations and cash flows in accordance with the accounting principles in countries and jurisdictions
other than the Republic of China. The standards, procedures and practices in the Republic of China
governing the audit of such financial statements may differ from those generally accepted in countries
and jurisdictions other than the Republic of China. Accordingly, the accompanying financial statements
and report of independent accountants are not intended for use by those who are not informed about the
accounting principles or auditing standards generally accepted in the Republic of China, and their
applications in practice. As the financial statements are the responsibility of the management,
PricewaterhouseCoopers cannot accept any liability for the use of, or reliance on, the English
translation or for any errors or misunderstandings that may derive from the translation.