Asus 2012 Annual Report Download - page 96

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92
92
!
VII. Review of financial position, management performance and
risk management
I. Analysis of financial position
Comparison of Financial Position
Unit: NT$ thousands
Year
Item
2012 2011 Difference
Amount %
Current assets 131,092,386 112,832,696 18,259,690 16.18
Fixed assets 4,414,370 3,937,811 476,559 12.10
Long-term investment and
other assets 73,436,465 65,967,405 7,469,060 11.32
Total assets 208,943,221 182,737,912 26,205,309 14.34
Current liabilities 75,726,329 61,689,874 14,036,455 22.75
Long-term liabilities and
other liabilities 7,154,674 6,099,788 1,054,886 17.29
Total liabilities 82,881,003 67,789,662 15,091,341 22.26
Capital stock 7,527,603 7,527,603 - -
Additional paid-in capital 4,669,822 4,662,555 7,267 0.16
Retained earnings 110,607,586 99,100,280 11,507,306 11.61
Adjustments 3,257,207 3,657,812 (400,605) (10.95)
Total Shareholders’ Equity 126,062,218 114,948,250 11,113,968 9.67
Analysis of financial ratio change:
1. Current assets: Due to the increase in revenue growth, the accounts receivable generated
from sales of goods and net inventory.
2. Long-term investment, intangible assets, and other assets: An increase from sale of financial
assets and investment accounted for using Equity Method.
3. Current liabilities: Due to the rise in revenue growth, accounts payable and accrued
expenses from relevant stock preparation.
4.!Long-term liabilities and other liabilities: Increase in deferred income tax liabilities.
II. Business performance
(I) Comparison of business performance
Unit: NT$ thousands
Item 2012 2011 Amount change Ratio change (%)
Total operating income $382,296,100 $327,013,339 55,282,761 16.91
Minus: Sales return and discount (7,177,227) (9,343,564) 2,166,337 (23.19)
Net operating income 375,118,873 317,669,775 57,449,098 18.08
Operating cost (350,312,778) (296,351,674) (53,961,104) 18.21
Gross profit 24,806,095 21,318,101 3,487,994 16.36
(Minus) add: Realized
(unrealized) gross profit of the
affiliates
(324,190) (1,191,149) 866,959 (72.78)