HTC 2007 Annual Report Download - page 35

Download and view the complete annual report

Please find page 35 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

THE CORPORATE GOVERNANCE REPORT
6564
>Emp
l
oy
ee
Pro
f
i
t
Sh
a
r
i
ng Gr
a
n
t
e
d
t
o M
a
n
a
g
e
m
e
n
t
T
ea
m
2007;
U
nit: thousand shares;
N
T$ thousands
Manager Total Employee
Total Employee Profit Sharing Paid to Management
Title Name Stock Cash Profit Sharing Team as a percentage of 2007 net income
Chief Executive Officer & President Peter Chou
Chief Operating Officer Fred Liu
Chief Financial Officer & Spokesman Hui-Ming Cheng
Accounting Director Clement Lin
Associate Vice President David Chen
Associate Vice President HC Hung
Vice President Jim Lin
Vice President Cliff Chiang
Vice President Lotus Chen
Vice President KH Tung Not available Not available Not available Not available
Executive Vice President Jason Juang
Vice President Johnson Sher
Vice President Florian Seiche
Vice President Jack Tong
Vice President Jason Mackenzie
Vice President CS Wang
Director Peter Chiang
Associate Vice President Andy Chen
General Counsel Grace Lei
Chief Marketing Officer John Wang
Chief Innovation Officer Horace Luke
Chief Information Officer Eric Chou
Director Casper Chang
Internal Audit Director Vincent Tseng
Vice President David Wang
*The planned a
m
ount of e
m
ployee bonuses
(
including stock and cash bonuses
)
approved for distribution by the board of directors prior to the shareholders
'
m
eeting for the current year
'
s
earnings distribution proposal shall be disclosed. If that a
m
ount cannot be esti
m
ated, the e
m
ployee bonus a
m
ount for this year will calculated based on last year
'
s actual distribution ratio.
The stock bonus a
m
ount of an exchange or
O
TC-listed co
m
pany shall be calculated at fair value
(
based on 31
D
ece
m
ber 2007 closing price
N
T$599 on the balance sheet date
)
pursuant to
the
R
egulations
G
overning the Preparation of Financial
R
eports by
S
ecurities Issuers ; If it is not a T
S
EC/
G
T
S
M listed co
m
panies then the net value of surplus to annual accounting period
ending date will be used in calculation.Please refer to the 2007 net inco
m
e
N
T
D
28,938,862 in the
m
ost recent fiscal year.
N
ote: Applicable scope of
O
fficers shall be
m
ade in accordance with 27 March 2003
N
o. 0920001301
R
egulation as follows:
(
1
)
Chief Executive
O
fficer or equivalent
(
2
)
Vice President or equivalent
(
3
)
Associated Vice President or equivalent
(
4
)
D
irector of Finance
D
epart
m
ent
(
5
)
D
irector of Accounting
D
epart
m
ent
(
6
)
O
ther
D
irector
(
s
)
within Co
m
pany with signature authority
(4) S
e
p
a
r
a
t
e
l
y
c
omp
a
r
e
a
nd d
e
s
c
r
i
b
e
t
o
t
a
l
r
e
mun
e
r
a
t
i
on
a
s
a
p
e
r
c
e
n
t
a
g
e
o
f
n
e
t
In
c
om
e
a
s p
a
i
d by
t
h
i
s
c
omp
a
ny,
a
nd by
ea
c
h o
t
h
e
r
c
omp
a
ny
i
n
c
l
ud
e
d
i
n
t
h
e
c
onso
li
d
a
t
e
d
f
i
n
a
n
c
i
a
l
s
t
a
t
e
m
e
n
t
s,
dur
i
ng
t
h
e
p
a
s
t
t
wo
f
i
s
c
a
l
y
ea
rs
t
o
i
t
s d
i
r
e
c
t
ors, sup
e
rv
i
sors,
t
h
e
g
e
n
e
r
a
l
m
a
n
a
g
e
r,
a
nd
a
ss
i
s
t
a
n
t
g
e
n
e
r
a
l
m
a
n
a
g
e
rs,
a
nd
a
n
a
l
yz
e
a
nd d
e
s
c
r
i
b
e
r
e
mun
e
r
a
t
i
on po
li
c
i
e
s, s
t
a
nd
a
rds,
a
nd
p
a
ck
a
g
e
s,
t
h
e
pro
c
e
dur
e
f
or s
e
tt
i
ng r
e
mun
e
r
a
t
i
on,
a
nd
li
n
k
a
g
e
t
o p
e
r
f
orm
a
n
c
e
.
>To
t
a
l
r
e
mun
e
r
a
t
i
on
a
s
a
p
e
r
c
e
n
t
a
g
e
o
f
n
e
t
i
n
c
om
e
a
s p
a
i
d by
t
h
i
s
c
omp
a
ny, dur
i
ng
t
h
e
p
a
s
t
t
wo
f
i
s
c
a
l
y
ea
rs
t
o
i
t
s
d
i
r
e
c
t
ors, sup
e
rv
i
sors,
t
h
e
g
e
n
e
r
a
l
m
a
n
a
g
e
r,
a
nd
a
ss
i
s
t
a
n
t
g
e
n
e
r
a
l
m
a
n
a
g
e
rs,
a
nd
a
n
a
l
yz
e
.
Total remuneration as a percentage of net income
Title
2007 2006
increases or decreases %
Directors
0.02% (
note
1) 0.04%
—
(
note
2)
Supervisors
0.01% 0% 0%
President and Vice Presidents
0.25% (
note
1) 4.49%
—
(
note
2)
N
ote 1: The co
m
pany adopted a resolution passed by Board of
D
irectors for the expected distribution of 2007earnings for the proposed allocation of
N
T
D
1,210,000,000 in cash bonus and
N
T
D
103,200,000 in e
m
ployee stock bonus, before this annual report is put in printing,
D
istribution list of e
m
ployee bonus is not available due to the co
m
pany
'
s final decision has not been
m
ade.
N
ote 2: The ratio of year 2007 excludes the a
m
ount of e
m
ployee bonus, and is not co
m
parable with the ratio of year 2006.
>HTC's
c
omp
e
ns
a
t
i
on po
li
c
y prov
i
d
e
s r
e
mun
e
r
a
t
i
on b
a
s
e
d on
t
h
e
s
a
l
a
ry
l
e
v
e
l
f
or
a
g
i
v
e
n pos
i
t
i
on w
i
t
h
i
n
t
h
e
g
i
v
e
n
m
a
r
k
e
t
,
t
h
e
s
c
op
e
o
f
a
u
t
hor
i
t
y
a
nd du
t
i
e
s o
f
t
h
a
t
pos
i
t
i
on w
i
t
h
i
n
t
h
e
c
omp
a
ny,
a
nd
t
h
e
e
mp
l
oy
ee
's
c
on
t
r
i
bu
t
i
on
t
o
t
h
e
c
omp
a
ny's op
e
r
a
t
i
on
a
l
go
a
l
s. Comp
a
ny pro
c
e
dur
e
s
f
or s
e
tt
i
ng
c
omp
e
ns
a
t
i
on prov
i
d
e
f
a
i
r
l
e
v
e
l
s o
f
r
e
mun
e
r
a
t
i
on
i
n
c
ons
i
d
e
r
a
t
i
on o
f
t
h
e
ov
e
r
a
ll
op
e
r
a
t
i
on
a
l
p
e
r
f
orm
a
n
c
e
o
f
t
h
e
c
omp
a
ny
a
s w
e
ll
a
s
t
h
e
e
mp
l
oy
ee
's
a
c
h
i
e
v
e
m
e
n
t
o
f
i
nd
i
v
i
du
a
l
p
e
r
f
orm
a
n
c
e
go
a
l
s
a
nd
c
on
t
r
i
bu
t
i
on
t
o
t
h
e
c
omp
a
ny's p
e
r
f
orm
a
n
c
e
. I
f
,
i
n
a
dd
i
t
i
on
t
o
t
h
e
f
i
x
e
d
a
nnu
a
l
bonus o
f
t
wo mon
t
h's s
a
l
a
ry, d
i
s
t
r
i
bu
t
i
on o
f
a
dd
i
t
i
on
a
l
a
nnu
a
l
bonus
e
s
i
s propos
e
d b
a
s
e
d
c
urr
e
n
t
on op
e
r
a
t
i
on
a
l
c
ond
i
t
i
ons,
a
r
e
so
l
u
t
i
on
a
pprov
i
ng
t
h
e
bonus
e
s mus
t
b
e
p
a
ss
e
d by
t
h
e
bo
a
rd o
f
d
i
r
e
c
t
ors.
CORPORATE G OVERNA NCE
l
REMUNERATION TO MANAGEMENT
l
IV
(
Distribution list of employee bonus is not available due to the company's final decision has not been made. )