Asus 2014 Annual Report Download - page 256

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(B) The income tax relating to components of other comprehensive income is as follows:
B. Reconciliation between income tax expenses and accounting profit:
C. Amounts of deferred income tax assets or liabilities as a result of temporary differences are as
follows:
2014 2013
Changes in fair value on 795,281)($ 298,871$
available-for-sale financial assets
Currency translation differences 321,338 8,955
473,943)($ 307,826$
For the years ended December 31,
2014 2013
Income tax calculated based on profit before tax 3,973,934$ 4,345,500$
and statutory tax rate
Tax exempt income by tax regulation 295,604)( 441,035)(
Investment gains (losses) disallowed by tax regulation
150,843)( 151,040)(
Additional 10% tax on unappropriated earnings 481,059 587,765
Difference between prior year’s income tax 853 136,394)(
estimation and assessed results
Others 103,725)( 92,929)(
Income tax expenses 3,905,674$ 4,111,867$
For the years ended December 31,
January 1
Recognized in
profit or loss
Recognized in other
comprehensive
income
December 31
Temporary differences:
- Deferred income tax assets:
Unrealized profit from sales 417,405$ 240,911$ -$ 658,316$
Unrealized purchase discounts 89,460 88,644)( - 816
Decline in value of inventories 438,246 206,525 - 644,771
Unrealized Provisions for legal 358,228 158,165 - 516,393
claims and royalty
Others 130,397 21,077 - 151,474
Subtotal 1,433,736$ 538,034$ -$ 1,971,770$
- Deferred income tax liabilities:
Investment income from 5,385,886)($ 1,293,785)($ -$ 6,679,671)($
foreign investees
Unrealized exchange gains 91,585)( 64,611 - 26,974)(
Currency translation differences 8,955)( - 321,338)( 330,293)(
Unrealized gain on valuation of 795,281)( - 795,281 -
available-for-sale financial assets
Subtotal 6,281,707)($ 1,229,174)($ 473,943$ 7,036,938)($
Total 4,847,971)($ 691,140)($ 473,943$ 5,065,168)($
2014