Asus 2014 Annual Report Download - page 228

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224
ASUSTEK COMPUTER INC.
NOTES TO SEPARATE FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013
(EXPRESSED IN THOUSANDS OF NEW TAIWAN DOLLARS,
EXCEPT AS OTHERWISE INDICATED)
1. HISTORY AND ORGANIZATION
(1) ASUSTEK COMPUTER INC. (ASUS or the Company) was established in the Republic of China
(R.O.C.). The Company is primarily engaged in the design, R&D and sales of 3C products
(including PCs, main boards, other boards and cards, tablet PCs, smart phones and other handheld
devices, etc.).
(2) The Company resolved to spin-off its OEM businesses on January 1, 2008. Pursuant to the
Company’s resolution, the Company transferred its computer OEM, design and manufacture of
computer cases and molds and non-computer OEM businesses to its spun-off subsidiaries,
PEGATRON CORPORATION (PEGA) and UNIHAN CORPORATION, respectively. On June 1,
2010, however, the Company transferred further its OEM assets and business (the Company’s
investments accounted for under equity method in PEGA) to the Company’s another investee,
PEGATRON INTERNATIONAL INVESTMENT CO, LTD. (PII). PII issued new shares to the
Company and its shareholders as consideration. On April 29, 2013, the Company disposed the
partial shares of PEGA and reduced the ownership percentage to less than 20%.
2. THE DATE OF AUTHORIZATION FOR ISSUANCE OF THE SEPARATE FINANCIAL
STATEMENTS AND PROCEDURES FOR AUTHORIZATION
These separate financial statements were authorized for issuance by the Board of Directors on March
19, 2015.
3. APPLICATION OF NEW STANDARDS, AMENDMENTS AND INTERPRETATIONS
(1) Effect of the adoption of new issuances of or amendments to International Financial Reporting
Standards as endorsed by the Financial Supervisory Commission (“FSC”)
None.
(2) Effect of new issuances of or amendments to International Financial Reporting Standards as
endorsed by the FSC but not yet adopted by the Company
According to Financial-Supervisory-Securities-Auditing No. 1030010325 issued on April 3, 2014,
commencing 2015, companies with shares listed on the TWSE or traded on the Taipei Exchange or
Emerging Stock Market shall adopt the 2013 version of IFRSs (not including IFRS 9, “Financial
instruments”) as endorsed by the FSC and the “Regulations Governing the Preparation of Financial
Reports by Securities Issuers” effective January 1, 2015 (collectively referred herein as the “2013
version of IFRSs”) in preparing the separate financial statements. The related new standards,
interpretations and amendments are listed below: