Asus 2015 Annual Report Download - page 212

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B. Reconciliation between income tax expenses and accounting profit:
C. Amounts of deferred tax assets or liabilities as a result of temporary differences and loss
carryforwards are as follows:
2015 2014
Income tax calculated based on profit 4,394,986$ 4,661,022$
before tax and statutory tax rate
Effect from items disallowed by tax regulations 425,124)( 331,981)(
Effect from tax exemption on investment 87,400)( 165,412)(
income (loss)
Effect from investment tax credit 37,538)( 21,426)(
Effect from net operating loss carryforward 180,734)( 112,003)(
Difference between prior year’s income tax 372,798 1,166,613
estimation and assessed results
Additional 10% tax on unappropriated earnings 575,349 482,210
Change in assessment of realization of deferred 158,270)( 63,075
tax assets
Effect of different tax rates on unrealized profit 371,696 190,524)(
from sales
Effect of exchange rates 349,328 123,339
Others 17,688)( 8,196
Income tax expenses 5,157,403$ 5,683,109$
For the years ended December 31,
Recognized in Effect due to
other changes in Effect of
Recognized in comprehensive consolidated exchange
January 1 profit or loss income entities difference December 31
Temporary differences:
- Deferred income tax assets:
Decline in value of inventories 2,197,300$ 40,590$ -$ -$ 6,808$ 2,244,698$
Unrealized profit from sales 725,606 228,841 - - 671 955,118
Unrealized purchase discounts 816 5,644 - - - 6,460
Unrealized sales discounts 1,651,840 248,172 - - 9,932 1,909,944
Unrealized provisions 1,294,881 86,779 - - 1,458 1,383,118
for warranty
Other unrealized expenses 1,077,994 96,408 - - 8,479)( 1,165,923
Loss carryforwards 102,758 232,293 - - 40,100)( 294,951
Others 726,318 297,354)( 650 - 20,519)( 409,095
Subtotal 7,777,513 641,373 650 - 50,229)( 8,369,307
- Deferred income tax liabilities:
Investment income from 6,703,627)( 1,793,890)( - - - 8,497,517)(
foreign investees
Currency translation differences 373,515)( - 207,974)( - - 581,489)(
Unrealized gain on valuation of 33,601)( - 13,956 - - 19,645)(
available-for-sale financial
assets
Others 128,813)( 30,331 - - 5,735 92,747)(
Subtotal 7,239,556)( 1,763,559)( 194,018)( - 5,735 9,191,398)(
Total 537,957$ 1,122,186)($ 193,368)($ -$ 44,494)($ 822,091)($
2015