HTC 2009 Annual Report Download - page 79

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
The Company donated NT$325,000 thousand in 2008 and
NT$325,500 thousand (US$10,175 thousand) in 2009 to help
disadvantaged minorities, teenagers and other people in need. Of
these donations, NT$5,000 thousand in 2008 and NT$500 thousand
(US$16 thousand) in 2009 went to unrelated parties (Note 16 has
more information).
Other Losses
2008 2009
Related Party Amount
% to Total
Rental
Expenses Amount
% to Total
Rental
Expenses
NT$ NT$
US$
(Note 3)
Xander
International
Corp.$ 37,500 10 $-$ - -
In 2008, the Company shared part of the moving expenses with
Xander International Corp. because the Company rented the office
which was originally rented by Xander International Corp.
Property Transactions
In January 2009, the Company acquired land from a related party,
Syuda Construction Company, for NT$791,910 thousand
(US$24,755 thousand). It was about 39 thousand square meters,
located near the Company in Taoyuan, and the land price was based
on appraisal reports. It will be used to expand factory area.
In 2008 and 2009, the Company sold equipment to HTC Corporation
(Shanghai WGQ) for NT$7,106 thousand and NT$496 thousand
(US$16 thousand), resulting in a gain of NT$1,175 thousand and
NT$0 thousand gain on these sales, respectively.
Endorsement/guarantee provided
Note 27 has more information.
Compensation of Directors, Supervisors and Management Personnel
2008 2009
NT$ NT$ US$(Note 3)
Salaries $ 77,345 $ 78,556 $ 2,456
Incentives $ 19,163 $ 46,799 $ 1,463
Special compensation $15$12$ -
Bonus 562,724 (Note) (Note)
$ 659,247 $ 125,367 $ 3,919
Note: The appropriation of the 2009 earnings is not shown because the Board of Directors
had not yet made the related proposal.
26. PLEDGED ASSETS
As of December 31, 2009, the Company had provided time deposits
of NT$63,900 thousand (US$1,997 thousand) to the National Tax
Administration of Northern Taiwan Province as part of the
requirements for the Company to get a certificate stating that it had
no pending income tax.
27. COMMITMENTS AND CONTINGENCIES
As of December 31, 2009, unused letters of credit amounted to
JPY7,835 thousand.
The Company provided NT$479,850 thousand (US$15,000
thousand).guarantee for HTC Electronics (Shanghai)’s bank loans.
HTC Electronics (Shanghai) has drawn down $0 thousand from
banks within the guarantee amount as of December 31, 2009.
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Other Revenues
2008 2009
Related Party Amount % to Total Other Revenues Amount % to Total Other Revenues
NT$ NT$ US$(Note 3)
BandRich Inc $ 1200 - $ 1,200 $ 38 -
Leasing – Lessee
Operating expenses - rental expenses
2008 2009
Related Party Amount
% to Total
Rental Expenses Amount
% to Total
Rental Expenses
NT$ NT$ US$(Note 3)
VIA Technologies Inc. $ 3,661 8 $ 9,035 $ 282 17
The Company leased offices and parking space owned by VIA Technologies, Inc. at one-year renewable operating lease agreements, and the rental
payment was determined at the prevailing rates in the surrounding area.
Donation Expense
2008 2009
Related Party Amount
% to Total
Donation Expenses Amount
% to Total
Donation Expenses
NT$ NT$ US$(Note 3)
HTC Education Foundation for Social Welfare Charity $ 300,000 92 $ 300,000 $ 9,378 92
High Tech Computer Foundation. 20,000 6 25,000 781 7
$ 320,000 98 $ 325,000 $ 10,159 99
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