HTC 2007 Annual Report Download - page 79

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153152
AN OVERVIEW OFTHE COMPANY'S FINANCIAL STATUS
2005 2006 2007
ASSETS NT$ NT$ NT$ US$ (Note 3)
CURRENT LIABILITIES
Financial liabilities at fair value through profit or loss (Notes 2, 4, 6 and 25) $ - $ 76,470 $ 96,256 $ 2,968
Notes and accounts payable (Note 26) 14,076,881 17,276,571 23,201,620 715,437
Income tax payable (Notes 2 and 23) 616,863 1,758,717 2,558,703 78,899
Accrued expenses (Notes 15 and 26) 1,242,262 2,484,078 5,126,409 158,076
Payable for purchase of equipment 20,045 49,058 179,280 5,528
Long-term liabilities - current portion (Note 18) - - 20,625 636
Other current liabilities (Notes 16 and 26) 1,198,353 2,113,003 3,970,032 122,419
Total current liabilities 17,154,404 23,757,897 35,152,925 1,083,963
LONG-TERM LIABILITIES
Long-term bank loans, net of current portion (Note 18) - - 75,625 2,332
OTHER LIABILITIES
Guarantee deposits received 561 640 633 20
Total liabilities 17,154,965 23,758,537 35,229,183 1,086,315
STOCKHOLDERS EQUITY (Note 20)
Capital stock - NT$10.00 par value
Authorized: 650,000 thousand shares
Issued and outstanding: 357,016 thousand shares in
2005, 436,419thousand shares in 2006 and 573,134 thousand shares in 2007
Common stock 3,570,160 4,364,192 5,731,337 176,729
Capital surplus
Additional paid-in capital - common stock 4,410,871 4,410,871 4,374,244 134,883
Long-term equity investments - 15,845 15,845 489
From merger 25,972 25,972 25,756 794
Retained earnings
Legal reserve 813,326 1,991,520 4,516,253 139,262
Special reserve 19,133 6,175 - -
Unappropriated earnings 14,152,255 31,991,090 41,403,867 1,276,715
Cumulative translation adjustments (Note 2) ( 5,041 ) 10,786 9,664 298
Unrealized loss on financial instruments (Notes 2, 4 and 7) ( 1,135 ) ( 238 ) ( 1,187 ) ( 37 )
Treasury stock (Notes 2 and 21) - ( 243,995 ) - -
Equity attributable to stockholders of the parent 22,985,541 42,572,218 56,075,779 1,729,133
MINORITY INTEREST - 132,669 111,519 3,439
Total Stockholders' equity 22,985,541 42,704,887 56,187,298 1,732,572
TOTAL $ 40,140,506 $ 66,463,424 $ 91,416,481 $ 2,818,887
VI
2005 2006 2007
ASSETS NT$ NT$ NT$ US$ (Note 3)
CURRENT ASSETS
Cash (Note 5) $ 16,425,226 $ 34,969,818 $ 56,490,185 $ 1,741,911
Financial assets at fair value through profit or loss (Notes 2, 4, 6 and 25) 60,085 - 529 16
Bond investments with no active market (Notes 2 and 13) - - 33,030 1,019
Notes receivable, net (Notes 2 and 8) 99,087 58,930 3,532 109
Accounts receivable, net (Notes 2, 8 and 26) 14,388,823 19,148,301 19,470,185 600,376
Other current financial assets (Notes 9, 26 and 27) 67,701 260,228 210,828 6,501
Inventories (Notes 2 and 10) 5,318,031 5,963,513 7,236,702 223,148
Prepayments (Note 11) 417,964 1,867,820 1,567,761 48,343
Deferred tax assets (Notes 2 and 23) 229,826 428,077 570,992 17,607
Other current assets 30,325 115,936 179,267 5,528
Total current assets 37,037,068 62,812,623 85,763,011 2,644,558
LONG-TERM INVESTMENTS
Available-for-sale financial assets - noncurrent (Notes 2and 7) 836 1,733 784 24
Financial assets carried at cost (Notes 2 and 12) 1,192 1,192 501,192 15,455
Total long-term investments 2,028 2,925 501,976 15,479
PROPERTIES (Notes 2, 14, and 26)
Cost
Land 610,293 610,293 610,293 18,819
Buildings and structures 1,073,560 1,083,065 2,254,855 69,530
Machinery and equipment 2,634,274 3,103,327 3,966,723 122,317
Molding equipment 201,567 201,247 212,360 6,548
Computer equipment 181,852 226,903 284,260 8,765
Transportation equipment 2,841 3,141 3,195 99
Furniture and fixtures 127,195 139,647 213,934 6,597
Leased assets - 4,712 4,712 145
Leasehold improvements 34,202 76,772 119,672 3,690
Total cost 4,865,784 5,449,107 7,670,004 236,510
Less accumulated depreciation ( 2,283,042) ( 2,752,680) ( 3,598,267) ( 110,955)
Prepayments for construction-in-progress and equipment-in-transit 27,467 473,971 149,225 4,601
Properties, net 2,610,209 3,170,398 4,220,962 130,156
INTANGIBLE ASSETS
Goodwill - - 174,253 5,373
Deferred pension cost - - 953 30
Total intangible assets - - 175,206 5,403
OTHER ASSETS
Refundable deposits 36,592 45,234 132,619 4,089
Deferred charges (Note 2) 155,815 135,060 136,273 4,202
Deferred tax assets (Notes 2 and 23) 249,034 223,164 392,174 12,093
Prepaid pension cost (Notes 2 and 19) 49,760 74,020 94,260 2,907
Total other assets 491,201 477,478 755,326 23,291
TOTAL $ 40,140,506 $ 66,463,424 $ 91,416,481 $ 2,818,887
The acco
m
panying notes are an integral part of the consolidated financial state
m
ents.
H I G H T E C H C O M P U T E R C O R P. A N D S U B S I D I A R I E S
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2005, 2006 AND 2007
(In Thousands, Except Par Value)