HTC 2008 Annual Report Download - page 97

Financial Information | 59
58 | 2008 Annual Report
HTC CORPORATION
(Formerly High Tech Computer Corporation)
AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2006, 2007 AND 2008
(In Thousands, Except Par Value)
2006
2007
2008
ASSETS
NT$
NT$
NT$
US$
(Note 3)
CURRENT ASSETS
Cash (Note 5)
$
34,969,818
$
56,490,185
$
64,237,728
$
1,958,467
Bond investments not quoted in an active market (Notes 2 and 13)
-
33,030
-
-
Notes receivable, net (Notes 2 and 8)
58,930
3,532
26,009
793
Accounts receivable, net (Notes 2, 8 and 27)
19,148,301
19,470,185
29,428,769
897,219
Other current financial assets (Notes 9 and 27)
260,228
176,328
316,524
9,650
Inventories (Notes 2, 4 and 10)
5,963,513
7,237,231
8,250,337
251,535
Prepayments (Note 11)
1,867,820
1,567,761
1,285,483
39,192
Deferred tax assets (Notes 2 and 24)
428,077
570,992
550,530
16,784
Other current assets
115,936
179,267
161,320
4,918
Total current assets
62,812,623
85,728,511
104,256,700
3,178,558
LONG-TERM INVESTMENTS
Available-for-sale financial assets - noncurrent (Notes 2 and 7)
1,733
784
339
10
Financial assets carried at cost (Notes 2 and 12)
1,192
501,192
501,192
15,280
Investments accounted for by the equity method (Notes 2 and 14)
-
-
39,906
1,217
Total long-term investments
2,925
501,976
541,437
16,507
PROPERTIES (Notes 2 and 15)
Cost
Land
610,293
610,293
3,568,124
108,784
Buildings and structures
1,083,065
2,254,855
2,856,815
87,098
Machinery and equipment
3,103,327
3,966,723
4,579,241
139,611
Molding equipment
201,247
212,360
194,320
5,924
Computer equipment
226,903
284,260
350,118
10,675
Transportation equipment
3,141
3,195
4,605
140
Furniture and fixtures
139,647
213,934
462,157
14,090
Leased assets
4,712
4,712
5,336
163
Leasehold improvements
76,772
119,672
188,182
5,737
Total cost
5,449,107
7,670,004
12,208,898
372,222
Less: Accumulated depreciation
(
2,752,680
)
(
3,598,267
)
(
4,243,837
)
(
129,385
)
Prepayments for construction-in-progress and
equipment-in-transit
473,971
149,225
951,289
29,003
Properties, net
3,170,398
4,220,962
8,916,350
271,840
INTANGIBLE ASSETS
Goodwill (Note 2)
-
174,253
289,308
8,820
Deferred pension cost
-
953
475
15
Total intangible assets
-
175,206
289,783
8,835
OTHER ASSETS
Assets leased to others
-
-
309,959
9,450
Refundable deposits
45,234
132,619
193,765
5,908
Deferred charges (Note 2)
135,060
136,273
253,121
7,717
Deferred tax assets (Notes 2 and 24)
223,164
392,174
822,893
25,088
Restricted assets (Note 28)
-
34,500
41,465
1,264
Others (Notes 2 and 20)
74,020
94,260
116,937
3,565
Total other assets
477,478
789,826
1,738,140
52,992
TOTAL
$
66,463,424
$
91,416,481
$
115,742,410
$
3,528,732
The accompanying notes are an integral part of the consolidated financial statements.
(With Deloitte & Touche audit report dated January 17, 2009)
2006
2007
2008
LIABILITIES AND STOCKHOLDERS’ EQUITY
NT$
NT$
NT$
US$
(Note 3)
CURRENT LIABILITIES
Short-term borrowings (Note 16)
$
-
$
-
$
75,000
$
2,286
Financial liabilities at fair value through profit or loss (Notes 2, 6 and 26)
76,470
96,256
514,083
15,673
Notes and accounts payable (Note 27)
17,276,571
23,201,620
28,569,935
871,035
Income tax payable (Notes 2 and 24)
1,758,717
2,558,703
4,039,613
123,159
Accrued expenses (Notes 4, 17 and 27)
2,935,078
5,126,409
15,348,770
467,950
Payable for purchase of equipment
49,058
179,280
314,086
9,576
Long-term liabilities - current portion (Note 19)
-
20,625
28,750
877
Other current liabilities (Notes 18 and 27)
1,662,003
3,970,032
6,108,696
186,240
Total current liabilities
23,757,897
35,152,925
54,998,933
1,676,796
LONG-TERM LIABILITIES
Long-term bank loans, net of current portion (Note 19)
-
75,625
46,875
1,429
OTHER LIABILITIES
Guarantee deposits received
640
633
6,420
196
Total liabilities
23,758,537
35,229,183
55,052,228
1,678,421
STOCKHOLDERS’ EQUITY (Note 21)
Capital stock - NT$10.00 par value
Authorized: 1,000,000 thousand shares
Issued and outstanding: 436,419 thousand shares in 2006, 573,134
thousand shares in 2007 and 755,394 thousand shares in 2008
Common stock
4,364,192
5,731,337
7,553,938
230,303
Capital surplus
Additional paid-in capital
4,410,871
4,374,244
4,374,244
133,361
Long-term equity investments
15,845
15,845
17,534
535
Merger
25,972
25,756
25,756
785
Retained earnings
Legal reserve
1,991,520
4,516,253
7,410,139
225,919
Special reserve
6,175
-
-
-
Accumulated earnings
31,991,090
41,403,867
44,626,182
1,360,555
Cumulative translation adjustments (Note 2)
10,786
9,664
65,602
2,000
Unrealized valuation losses on financial instruments (Notes 2 and 7)
(
238
)
(
1,187
)
(
1,632
)
(
50
)
Treasury stock (Notes 2 and 22)
(
243,995
)
-
(
3,410,277
)
(
103,972
)
Equity attributable to stockholders of the parent
42,572,218
56,075,779
60,661,486
1,849,436
MINORITY INTEREST
132,669
111,519
28,696
875
Total Stockholders' equity
42,704,887
56,187,298
60,690,182
1,850,311
TOTAL
$
66,463,424
$
91,416,481
$
115,742,410
$
3,528,732