Asus 2014 Annual Report Download - page 74

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Distribution of Retained Earnings
In 2014 Unit: NT$
Subject Amount Note
Unappropriated earnings (before adjustments) -
beginning 73,437,309,133
(+)2014 Net Income 19,470,409,224
2014 other comprehensive net income (15,109,546)
2014 Distributable earnings 19,455,299,678
Distributable earnings - current 92,892,608,811
Appropriated 10% legal reserve 1,947,040,922
Distributions:
Shareholder dividend (10%) 742,760,280 NT$1 per share
Shareholder bonus 11,884,164,480 NT$16 per share
2014 Unappropriated earnings 4,881,333,996
Unappropriated earnings - ending 78,318,643,129
Notes:
Distribution of employee bonus 956,494,657
Distribution of compensation of directors 50,341,824
Note: The proposed profit distribution is allocated from 2014 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 employees and remuneration to directors and supervisors:
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