Asus 2012 Annual Report Download - page 149

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B. The income tax computed on pre-tax financial income at the statutory rate was reconciled with
the income tax expense as follows:
C. The components of deferred income tax assets (liabilities) are as follows:
2012/1/1~12/31 2011/1/1~12/31
Income tax calculated on pre-tax financial 4,541,317$ 3,365,229$
income
10% additional income tax on unappropriated
earnings
400,532 484,385
Income taxes refunded by the tax authorities 177,714)( -
Tax effect of tax exemption on 316,795)( 477,662)(
investment income
Tax effect of correction of AMT - 431,700)(
Difference between prior year’s income tax
estimation and assessed results
2,857)( 243,057
Effect of change in exchange rate 64,636)( 73,839
Tax-exempt cash dividends 71,852)( 49,649)(
Others 16,693)( 9,807
Income tax expense 4,291,302$ 3,217,306$
2012/12/31 2011/12/31
Deferred income tax assets:
Unrealized gross profit 477,588$ 422,475$
Unrealized purchase discounts 229,592 333,289
Allowance for decline in value of inventories 362,779 200,010
Unrealized accrued expenses 153,979 145,741
Others 83,164 46,393
1,307,102 1,147,908
Deferred income tax liabilities:
Investment income from foreign investees 4,004,455)( 2,772,728)(
Unrealized exchange gain or loss 89,226)( 26,375)(
Others 496,368)( 249,949)(
4,590,049)( 3,049,052)(
3,282,947)($ 1,901,144)($
2012/12/31 2011/12/31
Net deferred income tax assets - current 638,344$ 907,554$
Net deferred income tax liabilities - non-current 3,921,291)( 2,808,698)(
3,282,947)($ 1,901,144)($