HTC 2007 Annual Report Download - page 101

Download and view the complete annual report

Please find page 101 of the 2007 HTC annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 128

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128

AN OVERVIEW OFTHE COMPANY'S FINANCIAL STATUS
197196
> No
t
e
s
a
nd A
cc
oun
t
s R
e
c
e
i
v
a
b
l
e
December 31
2005 2006 2007
% to Total Notes % to Total Notes % to Total Notes
and Accounts and Accounts and Accounts
Related Party Amount Receivable Amount Receivable Amount Receivable
NT$ NT$ NT$ US$(Note 3)
FIC (Suzhou) Inc. $ - - $ 3,180 - $ - $ - -
Others 1,718 - 505 - 507 16 -
$ 1,718 - $ 3,685 - $ 507 $ 16 -
> No
t
e
s
a
nd A
cc
oun
t
s P
a
y
a
b
l
e
December 31
2005 2006 2007
% to Total Notes % to Total Notes % to Total Notes
and Accounts and Accounts and Accounts
Related Party Amount Payable Amount Payable Amount Payable
NT$ NT$ NT$ US$(Note 3)
Chander Electronics Corp. $ 55,804 - $ - - $ - $ - -
First International Computer, Inc. - - - - 521 16 -
$ 55,804 - $ - - $ 521 $ 16 -
> O
t
h
e
r R
e
c
e
i
v
a
b
l
e
s
December 31
2005 2006 2007
% to Total % to Total Notes % to Total Notes
Other Other Other
Related Party Amount Receivable Amount Receivable Amount Receivable
NT$ NT$ NT$ US$(Note 3)
VIA Technologies Inc. $ - - $ 19 - $ 13 $ - -
Chander Electronics Corp - - 17 - 82 3 -
$ - - $ 36 - $ 95 $ 3 -
VI
26. RELATED-PARTY TRANSACTIONS
The related parties were as follows:
R
e
l
a
t
e
d P
a
r
t
y R
e
l
a
t
i
onsh
i
p w
i
t
h
t
h
e
Comp
a
ny
First International Computer, Inc. (FIC) Chairman is an immediate relative of the chairman of HTC
FIC (Suzhou) Inc. Chairman is an immediate relative of the chairman of HTC
Xander International Corp. Chairman is an immediate relative of the chairman of HTC
VIA Technologies, Inc. Same chairman with HTC
Chander Electronics Corp. Same chairman with HTC
Comserve Network Netherlands B.V. Main director is an immediate relative of the chairman of HTC
Major transactions with related parties are summarized below:
> Pur
c
h
a
s
e
s o
f
Inv
e
n
t
or
i
e
s
a
nd S
e
rv
i
c
e
s
2005 2006 2007
% to Total Net % to Total Net % to Total Net
Related Party Amount Purchases Amount Purchases Amount Purchases
NT$ NT$ NT$ US$(Note 3)
Chander Electronics Corp. $ 588,024 - $ 72,290 - $ - $ - -
•Ter
m
s of pay
m
ent and purchasing prices for both related and third parties were si
m
ilar.
> S
a
l
e
s
a
nd S
e
rv
i
c
e
s Prov
i
d
e
d
2005 2006 2007
% to Total Net % to Total Net % to Total Net
Related Party Amount Revenues Amount Revenues Amount Revenues
NT$ NT$ NT$ US$(Note 3)
First International Computer, Inc. (FIC) $ - - $ - - $ 55,408 $ 1,709 -
Xander International Corp. - - - - 39,893 1,230 -
Comserve Network Netherlands B.V. 72,168 - - - 37,587 1,159 -
Others 3,262 - 1,388 - 1,250 38 -
$ 75,430 - $ 1,388 - $ 134,138 $ 4,136 -
•
S
elling prices and ter
m
s of pay
m
ent for both related and third parties were si
m
ilar.
FINANCEI CONSOLIDATED REPORT
l