Asus 2015 Annual Report Download - page 83

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Note 6: Earning ratio = Closing price per share of the year / Cash dividend per share
Note 7: Cash dividend yield rate = Cash dividend per share / Closing price per share of the year
Note 8: Subject to the approval of the annual shareholders meeting.
Note 9: The data collected up to March 31, 2016 were included in the report printed on April 11,
2016 for data accuracy.
(6) Execution of Dividend Policy
1. Dividend Policy
The Company’s dividend policy is set by the board of directors subject to the Company’s
overview of business, need for funding, capital expenditure and budget, internal and external
environmental changes and shareholders’ equity. The dividend shall be no less than 50% of the
earnings after tax of the current year, if no other special circumstances should be taken into
consideration. The industrial environment in which the Company operates is changeable and
the Company is still growing for the time being. In consideration of the Company’s long-term
financial planning and to satisfy shareholders’ need toward cash inflow, the cash dividend to be
allocated each year shall be no less than 10% of the total stock dividend.
2. Proposed Distribution of Dividends:
(1) The Company’s income tax after was NT$17,097,469,519 in 2015. The reversal of special
reserve was NT$119,226, plus the unallocated earnings for the previous years,
NT$78,338,688,243, and the earnings allocable in the current period is NT$95,436,276,988.
After providing the legal reserve, NT$1,709,746,952, the bonus to be allocated to
shareholders was NT$11,141,404,200, and all in cash. (Please see the Company’s statement
of allocation of earnings 2015.)
(2) If shareholder’s cash dividend is less than NT$ 1, the distribution will be made in the form of
cash rounded and adjusted by a specific represent arranged by the Chairman of the Board of
Directors.
(3) For earnings distribution, in case of changes in outstanding shares that causes changes in
payout ratios and require modification, the shareholder meeting is hereby requested to
authorize the board of directors for process within the scope of the said amount and stock
shares.
(4) The board of directors is authorized upon the resolution of the general shareholder meeting to
define the dividend, distribution base date, and the related events.
Distribution of Retained Earnings
In 2015 Unit: NT$
Account Amount Note
Unappropriated earnings - beginning
(Unadjusted) 78,318,643,129
(+)Remeasurements of defined benefit plan 20,045,114 !
Unappropriated earnings - beginning
(Adjusted) 78,338,688,243
2015 Net Income 17,097,469,519
(+)Reversal of special reserve 119,226
Distributable earnings - current 95,436,276,988
(-)Appropriated 10% legal reserve 1,709,746,952 !
(-)DistributionsǺ
!
Shareholder bonus 11,141,404,200 NT$15 per share
2015 Unappropriated earnings 4,246,318,367 !
Unappropriated earnings - ending 82,585,125,836 !
Note: The proposed profit distribution is allocated from 2015 retained earnings available for distribution.