HTC 2008 Annual Report Download - page 118

Download and view the complete annual report

Please find page 118 of the 2008 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 124

  • 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

Financial Information
| 101
100 |
2008 Annual Report
Major transactions with related parties are summarized below:
>Purchases of Inventories and Services
2006
2007
2008
Related Party
Amount
% to Total Net
Purchases
Amount
% to Total Net
Purchases
Amount
% to Total Net
Purchases
NT$
NT$
NT$
US$
(Note 3)
Chander Electronics Corp.
$
72,290
-
$
-
-
$
19,041
$
581
-
Terms of payment and purchasing prices for both related and third parties were similar.
>Sales and Services Provided
2006
2007
2008
Related Party
Amount
% to Total
Revenues
Amount
% to Total
Revenues
Amount
% to Total
Revenues
NT$
NT$
NT$
US$
(Note 3)
Employees’ Welfare Committee
$
228
-
$
212
-
$
101,195
$
3,085
-
Xander International Corp.
-
-
39,893
-
93,923
2,864
-
First International Computer, Inc. (FIC)
-
-
55,408
-
24,222
738
-
VIA Technologies, Inc.
1,160
537
1,578
48
Comserve Network Netherlands B.V.
-
-
37,587
-
-
-
-
Others
-
-
501
-
-
-
-
$
1,388
-
$
134,138
-
$
220,918
$
6,735
-
The selling prices and collection terms for products sold to related parties were similar to those sold to third
parties, except those for Employees’ Welfare Committee.
Accounts Receivable
December 31
2006
2007
2008
Related Party
Amount
% to Total
Notes and
Accounts
Receivable
Amount
% to Total
Notes and
Accounts
Receivable
Amount
% to Total
Notes and
Accounts
Receivable
NT$
NT$
NT$
US$
(Note 3)
Employees’ Welfare Committee
$
-
-
$
-
-
$
69,238
$
2,111
-
FIC (Suzhou) Inc.
3,180
-
-
-
-
-
-
Others
505
-
507
-
282
9
-
$
3,685
-
$
507
-
$
69,520
$
2,120
-
>Accounts Payable
December 31
2006
2007
2008
Related Party
Amount
% to Total
Notes and
Accounts
Payable
Amount
% to Total
Notes and
Accounts
Payable
Amount
% to Total
Notes and
Accounts
Payable
NT$
NT$
NT$
US$
(Note 3)
Chander Electronics Corp.
$
-
-
$
-
-
$
19,041
$
581
-
First International Computer, Inc.
-
-
521
-
-
-
-
$
-
-
$
521
-
$
19,041
$
581
-
>Other Receivables
December 31
2006
2007
2008
Related Party
Amount
% to Total
Other
Receivable
Amount
% to Total
Other
Receivable
Amount
% to Total
Other
Receivable
NT$
NT$
NT$
US$
(Note 3)
VIA Technologies Inc.
$
19
-
$
13
-
$
-
$
-
-
Chander Electronics Corp
17
-
82
-
72
2
-
$
$36
-
$
95
-
$
72
$
2
-
>Accrued Expenses
December 31
2006
2007
2008
Related Party
Amount
% to Total
Accrued
Expenses
Amount
% to Total
Accrued
Expenses
Amount
% to Total
Accrued
Expenses
NT$
NT$
NT$
US$
(Note 3)
VIA Technologies Inc.
$
210
-
$
-
-
$
-
$
-
-
Way-Lien Technology Inc.
-
-
-
-
200
6
-
$
210
-
$
-
-
$
200
$
6
-