Asus 2013 Annual Report Download - page 69

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65
Distribution of Retained Earnings
In 2013 Unit: NT$
Subject Amount Note
Unappropriated earnings (before adjustments) -
beginning
70,598,136,687
(+)Net adjustment after converting IFRS 397,649,817
Unappropriated earnings (before adjustments) -
bii
70,995,786,504
(+)2013 Net Income 21,449,894,566
2013 other comprehensive net income (10,492,344)
Treasury stock cancelled (2,369,064,676)
2013 Distributable earnings 19,070,337,546
Distributable earnings - current 90,066,124,050
Appropriated 10% legal reserve 2,144,989,457
Distributions:
Shareholder dividend (10%) 742,760,280 NT$1 per share
Shareholder bonus 13,741,065,180 NT$18.5 per share
2013 Unappropriated earnings 2,441,522,629
Unappropriated earnings - ending 73,437,309,133
Notes:
Distribution of employee bonus 928,107,242
Distribution of compensation of directors 185,621,448
Note: The proposed profit distribution is allocated from 2012 retained earnings available for distribution.
(7) Impact of the proposed stock dividend in shareholders meeting on business performances and EPS:
None
Note: The Company did not have financial forecast proposed up to the date of the annual report
printed.
(8) Bonus to employees and remuneration to directors and supervisors
1. Information of dividend to employee and remuneration to directors and supervisors was
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.
2. Accounting process applied to the estimation base of dividend to employee and
remuneration to directors and supervisors, outstanding shares computing base for
stock dividend distribution, and the spread between amount distributed and
estimated:
The appropriation of bonus to employees and remuneration to directors and
supervisors is based on the net income after loss appropriation, 10% legal surplus,
and 10% dividend; 1% or more of the remaining balance as bonus to employees and
1% or less of the remaining balance as remuneration to directors and supervisors.
The distribution of stock dividend is based on the closing price one day prior to the