Asus 2015 Annual Report Download - page 265

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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:
2015 2014
Income tax calculated based on profit before tax 3,569,655$ 3,973,934$
and statutory tax rate
Tax exempt income by tax regulation 407,249)( 295,604)(
Effect from tax exemption on investment
income (loss)
89,007)( 150,843)(
Additional 10% tax on unappropriated earnings 488,133 481,059
Difference between prior year’s income tax 334,940)( 853
estimation and assessed results
Impact of change in the tax rate on unrealized profit
from sales
371,696 190,524)(
Effect from exchange differences 349,328 123,339
Others 47,115)( 36,540)(
Income tax expenses 3,900,501$ 3,905,674$
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 658,316$ 234,081$ -$ 892,397$
Unrealized purchase discounts 816 5,644 - 6,460
Unrealized exchange losses - 9,261 - 9,261
Decline in value of inventories 644,771 18,118 - 662,889
Unrealized provisions for legal 516,393 176,199 - 692,592
claims and royalty
Others 151,474 124,134)( - 27,340
Subtotal 1,971,770$ 319,169$ -$ 2,290,939$
- Deferred income tax liabilities:
Investment income from 6,679,671)($ 1,783,185)($ -$ 8,462,856)($
foreign investees
Unrealized exchange gains 26,974)( 26,974 - -
Currency translation differences 330,293)( - 226,896)( 557,189)(
Subtotal 7,036,938)($ 1,756,211)($ 226,896)($ 9,020,045)($
Total 5,065,168)($ 1,437,042)($ 226,896)($ 6,729,106)($
2015