Asus 2013 Annual Report Download - page 68

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64
adjustment. Re-calculated according to IFRS.
Note 4: According to the regulations of security issuance, if the dividend that is not distributed can be accumulated till
the year with retained earnings, the accumulated unpaid dividend of the year must be disclosed.
Note 5: Profit ratio = Closing price per share of the year / Earning per share. Re-calculated according to IFRS.
Note 6: Earning ratio = Closing price per share of the year / Cash dividend per share
Note 7: Cash dividend yield rate = Cash dividend per share / Closing price per share of the year
Note 8: Subject to the approval of the annual shareholders meeting.
Note 9: The data collected up to March 31, 2014 were included in the report printed on April 19, 2014 for data accuracy.
(6) Execution of Dividend Policy
1. Dividend Policy
The annual final net profit of the company should be appropriated for taxation to make up for the
past loss, followed by appropriating 10% of the net profit as statutory surplus reserve.
Nonetheless, the appropriation does not apply when the statutory surplus reserve reaches the total
paid-in capital of the company. Additionally, for the appropriation or reversal of special reserve
specified by the laws and regulations of the competent authority, the balance will be deducted of
10% of the stock dividend , then appropriated of no less than 1% as employee dividend and less
than 1% as remuneration for directors and supervisors. When paying the employee dividend
through stocks, the objects must include employees of affiliated companies and the remaining
balance added with the cumulative undistributed surplus from previous year, which will be
distributed upon reaching resolution at the Shareholders’ Meeting through the distribution
proposal developed by the Board of Directors.
In a turbulent industry environment, the company faces with a growing stage for its corporate life
cycle. In consideration of the company’s long-term financial plan and the meeting shareholder
demand for cash flow. The cash dividend issued each year shall not remain lower than 10% of the
sum of cash dividend and stock dividend. In the coming one year, the aforementioned dividend
policy shall apply.
2. Proposed Distribution of Dividends:
(1) The 2013 net income after tax was NT$ 21,449,894,566; when added with other
comprehensive net income and nullification of treasury stock, the 2013 divisible earning
became NT$ 19,070,337,546, which added with the retained earnings of NT$ 70,995,786,504
from previous year to yield a divisible earning of NT$ 90,066,124,050. After appropriating
statutory surplus reserve of NT$ 2,144,989,457, that was distributed in accordance with the
“Articles of Incorporation” as follows (Please refer to the distribution of retained earrings
table for details):
i. Shareholder dividend: NT$ 742,760,280, distributed in cash.
ii. Shareholder cash dividends: NT$ 13,741,065,180, distributed in cash.
(2) If shareholder’s cash dividend is less than NT$ 1, the distribution will be made in the form of
cash rounded and adjusted by a specific represent arranged by the Chairman of the Board of
Directors.
(3) For earnings distribution, in case of changes in outstanding shares that causes changes in
payout ratios and require modification, the shareholder meeting is hereby requested to
authorize the board of directors for process within the scope of the said amount and stock
shares.
(4) The board of directors is authorized upon the resolution of the general shareholder meeting to
define the dividend, distribution base date, and the related events.