Asus 2012 Annual Report Download - page 198

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194
B. The Company is facing a rapidly changing industrial environment, with the life cycle of the
industry in the stable growth phase. In light of the long-term financial plan of the Company
and the demand for cash by the stockholders, the Company should distribute cash dividends
of not less than 10% of the total dividends declared.
C. Except for covering accumulated deficit, increasing capital or payment of cash, the legal
reserve shall not be used for any other purpose. The amount capitalized or the cash payment
shall not exceed 25% of the paid-in capital.
D. The appropriations of 2011 and 2010 earnings had been resolved at the stockholders
meeting on June 12, 2012 and June 9, 2011, respectively. Details are summarized as follows:
(A) The appropriations of 2011 earnings stated above are the same as that proposed by the
Board of Directors on April 27, 2012.
(B) There was no difference between the actual amounts of employees’ bonuses and directors’
and supervisors’ remuneration for 2011 with the amounts accrued as expenses in the 2011
financial statements.
E. The appropriations of 2012 earnings had been proposed by the Board of Directors on March
27, 2013. Details are summarized as follows:
As of March 27, 2013, the appropriations of 2012 earnings stated above had not been resolved
by the stockholders.
F. The Company estimates the amount of employees bonuses and directors’ and supervisors’
remuneration according to the Company Law and the Companys articles of incorporation.
The employees’ bonuses and directors’ and supervisors’ remuneration were estimated and
recognized based on a specific percentage approved by the management in accordance with
the Companys articles of incorporation. The Company recognized employees bonuses of
$971,367 and $708,379 and directors’ and supervisors’ remuneration of $194,273 and
Dividends Dividends
per share per share
Amount (in dollars) Amount (in dollars)
Cash dividends 10,915,024$ 14.50$ 8,638,233$ 14.00$
Stock dividends - - 1,357,437 2.20
Directors’ and supervisors’ 141,676 142,125
remuneration
Employees’ cash bonus 708,379 710,625
2011
2010
Dividends
per share
Amount (in dollars)
Cash dividends 14,302,445$ 19.00$
Directors’ and supervisors’ 194,273
remuneration
Employees’ cash bonus 971,367
2012