HTC 2007 Annual Report Download - page 78

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151150
AN OVERVIEW OFTHE COMPANY'S FINANCIAL STATUS
5. CONSOLIDATED REPORT
Th
e
Bo
a
rd o
f
D
i
r
e
c
t
ors
a
nd S
t
o
ck
ho
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d
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rs
H
i
gh T
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c
h Compu
t
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r Corp
We have audited the accompanying consolidated
balance sheets of High Tech Computer Corp. and
subsidiaries (the "Company") as of December 31,
2005, 2006 and 2007, and the related consolidated
statements of income, changes in stockholders'
equity and cash flows for the years then ended, all
expressed in New Taiwan dollars. These
consolidated financial statements are the
responsibility of the Company's management. Our
responsibility is to express an opinion on these
consolidated financial statements based on our
audits.
We conducted our audits in accordance with the
Rules Governing the Audit of Financial Statements
by Certified Public Accountants and auditing
standards generally accepted in the Republic of
China. Those rules and standards require that we
plan and perform the audit to obtain reasonable
assurance about whether the financial statements
are free of material misstatement. An audit includes
examining, on a test basis, evidence supporting the
amounts and disclosures in the financial statements.
An audit also includes assessing the accounting
principles used and significant estimates made by
management, as well as evaluating the overall
financial statement presentation. We believe that our
audits provide a reasonable basis for our opinion.
In our opinion, the consolidated financial statements
referred to above present fairly, in all material
respects, the consolidated financial position of High
Tech Computer Corp. and subsidiaries as of
December 31, 2005, 2006 and 2007, and the results
of their operations and their cash flows for the years
then ended, in conformity with the Guidelines
Governing the Preparation of Financial Reports by
Securities Issuers, requirements of the Business
Accounting Law and Guidelines Governing Business
Accounting relevant to financial accounting
standards, and accounting principles generally
accepted in the Republic of China.
Our audits also comprehended the translation of the
2007 New Taiwan dollar amounts into U.S. dollar
amounts and, in our opinion; such translation has
been made in conformity with the basis stated in
Note 3. Such U.S. dollar amounts are presented
solely for the convenience of readers.
January 18, 2008
VI
Notice to Readers
•The acco
m
panying consolidated financial state
m
ents are intended only to present the financial position, results of operations and cash flows in accordance with accounting principles and practices generally
accepted in the
R
epublic of China and not those of any other jurisdictions. The standards, procedures and practices to audit such consolidated financial state
m
ents are those generally accepted and applied
in the
R
epublic of China.
•The auditors
'
report and the acco
m
panying financial state
m
ents were originally presented in
m
ore than one set of Chinese reports. For the convenience of readers, the auditors
'
report and the acco
m
panying
consolidated financial state
m
ents have been translated into English fro
m
the original Chinese version prepared and used in the
R
epublic of China. If there is any conflict between the English version and the
original Chinese version or any difference in the interpretation of the two versions, the Chinese-language auditors
'
report and consolidated financial state
m
ents shall prevail. Also, as stated in
N
ote 2 to the
consolidated financial state
m
ents, the additional footnote disclosures that are not required under generally accepted accounting principles were not translated into English.
FINANCEI CONSOLIDATED REPORT
l