Asus 2014 Annual Report Download - page 193
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189
In February, 2014, September, 2013, April, 2010, November, 2008, October, 2006, and July,
2002, the Group signed a land use right contract with Suzhiu City Government, Shanghai City
Government, Chongqing City Government and Wujiang City Government, for use of the land
for a period of 40~50 years. All rentals had been paid on the contract dates. The Group
recognized rental expenses of $33,345 and $7,009 for the years ended December 31, 2014 and
2013, respectively.
(12) Short-term borrowings
(13) Long-term borrowings
Type of borrowings 2014/12/31 Interest rate range Collateral
Bank borrowings
Credit borrowings 3,881,979$ 0.81%~1.84% -
Type of borrowings 2013/12/31 Interest rate range Collateral
Bank borrowings
Credit borrowings 4,876,624$ 1.03%~1.87%
-
Borrowing period and Interest rate
Type of borrowings repayment term range Collateral 2014/12/31
Credit borrowings -
installment-repayment
Mega International 2012.08.06~2015.08.06, 2.00%~ - 633,000$
Commercial Bank payable in 3 semi-annual 2.61%
installments, commencing
2 years after the initial
date of borrowing
Mega International 2014.10.08~2016.10.08, 1.67% - 316,500
Commercial Bank payable in 2 years,
commencing after the
initial date of borrowing
The Shanghai Commercial 2012.11.08~2015.11.08, 1.33%~ - 553,875
& Savings Bank payable in 2 semi-annual 1.54%
installments, commencing
2 years after the initial
date of borrowing
Others 2012.05~2017.05 2.42%~ Buildings 87,395
2.47%
1,590,770
Less: current portion of 1,189,799)(
long-term borrowings
400,971$