D-Link 2014 Annual Report Download - page 86

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58
D-LINK CORPORATION AND SUBSIDIARIES
Notes to the consolidated financial statements
(Continued)
7. Related-party transactions
(a) Parent company and ultimate controlling company
The Company is the ultimate controlling party of the Consolidated Company.
(b) Significant related party transactions
(1) Sales
2014 2013
Associates $ (117) 642
Other related-parties 8,136
184
$ 8,019
826
The average credit terms extended to related parties and third-party customers were
approximately 30-90 days. However, credit terms to related parties might be further extended
when necessary.
(2) Purchases
2014 2013
Associates $ 8,879,642 8,886,940
Other related-parties 2,473,863
3,611,429
$ 11,353,505
12,498,369
The payment term of related parties was 30-90 days. There were no significant differences in
purchasing terms between related parties and third-party suppliers.
(3) Accounts receivable due from related parties
The accounts receivable due from related parties were as follows:
Account Related party categories December 31, 2014 December 31, 2013
Accounts receivable Associates $ 1,008 3,486
Accounts receivable Other related-parties 353 -
Other receivables Associates 25,889 9,668
Other receivables Other related-parties - 53
Other current assets Other related-parties 294
-
$ 27,544 13,207
In 2014 and 2013, revenues from rent, dividend and others were $34,700 thousand and $2,057
thousand, respectively.