D-Link 2014 Annual Report Download - page 63

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37
D-LINK CORPORATION AND SUBSIDIARIES
Notes to the consolidated financial statements
(Continued)
The amount of the Company’s pension expenses that were contributed to Bureau of Labor
Insurance, Ministry of Labor, under defined contribution pension plan in 2014 and 2013 were as
follows:
2014 2013
Operating cost
$ 10,094 9,443
Operating expense
$ 152,087 130,019
(o) Income Taxes
Income tax expenses for the years ended December 31, 2014 and 2013, are summarized as follows:
2014 2013
Current income tax expense $ 162,190 128,578
Deferred income tax expense (130,194)
(58,607)
$ 31,996 69,971
The amount of income tax recognized in other comprehensive income was as follows:
2014 2013
Exchange differences arising on translation of foreign
operations
$ 29,644 16,849
Reconciliation of income tax expense and profit before tax is as follows:
2014 2013
Income before income tax
$ 143,457 746,251
Income tax using the Company’s domestic tax rate $ 24,387 126,863
Effect of tax rate in foreign jurisdiction (42,706) 123,341
N
on-taxable income (32,179) (115,845)
Unrecognized temporary differences 125,395 (21,330)
Recognition of previously unrecognized tax losses (24,032) (77,558)
Investment tax credits (3,301) 54,174
Differences of basic income tax and general tax (19,654) (8,384)
Reporting differences on prior years and others 4,086
(11,290)
$ 31,996 69,971