HTC 2009 Annual Report Download - page 98

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Accounts Payable
2008 2009
Related Party Amount
% to Total Notes and
Accounts Payable Amount
% to Total Notes and
Accounts Payable
NT$ NT$ US$(Note 3)
Chander Electronics Corp.$ 19,041 - $ 13,479 $ 421 -
Other Receivables
2008 2009
Related Party Amount % to Total Other Receivable Amount % to Total Other Receivable
NT$ NT$ US$(Note 3)
Chander Electronics Corp $ 72 - $30$ 1 -
Others - - 63 2 -
$72 -$93$ 3 -
Accrued Expenses
2008 2009
Related Party Amount
% to Total
Accrued Expenses Amount
% to Total
Accrued Expenses
NT$ NT$ US$(Note 3)
HTC Education Foundation for Social
Welfare Charity $ - - $ 217,800 $ 6,808 1
Way-Lien Technology Inc. 200 - -- -
$ 200 - $ 217,800 $ 6,808 1
Other Payables to Related Parties
2008 2009
Related Party Amount % to Total Other Payables Amount % to Total Other Payables
NT$ NT$ US$(Note 3)
Way-Lien Technology Inc. $ - - $ 420 $ 13 -
Chander Electronics Corp - - 81 3 -
Xander International Corp. - - 38 1 -
$- -$ 539 $ 17 -
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27. RELATED-PARTY TRANSACTIONS
The related parties were as follows:
Related Party Relationship with the Company
First International Computer, Inc. (FIC) Chairperson is an immediate relative of HTCs chairperson
Xander International Corp. Chairperson is an immediate relative of HTCs chairperson
Syuda Construction Company The only juridical person shareholder, and the same chairperson of HTC
VIA Technologies, Inc. Same chairperson with HTC
Chander Electronics Corp. Same chairperson with HTC
Way-Lien Technology Inc. Same chairperson with HTC
Captec Partners Management Corp. Main director is the chairperson of HTC
Comserve Network Netherlands B.V. Main director is an immediate relative of HTCs chairperson
Employees Welfare Committee Employees Welfare Committee of HTC
HTC Education Foundation for Social Welfare Charity A non-profit organization of which the funds donated from the Company exceeds one third of the
non-profit organizations total funds
High Tech Computer Foundation A non-profit organization of which the funds donated from the Company exceeds one third of the
non-profit organizations total funds
Landtek Corporation (BVI) Affiliate
Major transactions with related parties are summarized below:
Purchases of Inventories and Services
2008 2009
Related Party Amount % to Total Net Purchases Amount % to Total Net Purchases
NT$ NT$ US$(Note 3)
Chander Electronics Corp. 19,041 - 28,606 894 -
Terms of payment and purchasing prices for both related and third parties were similar.
Sales and Services Provided
2008 2009
Related Party Amount % to Total Revenues Amount % to Total Revenues
NT$ NT$ US$(Note 3)
Employees’ Welfare Committee $ 101,195 - $ 9,666 $ 302 -
VIA Technologies, Inc. 1,578 - 794 25 -
Xander International Corp. 93,923 - 198 6 -
First International Computer, Inc. (FIC) 24,222 - ---
Others - - 516 16 -
$ 220,918 - $ 11,174 $ 349 -
The selling prices and collection terms for products sold to related parties were similar to those for sales to third parties, except those for
Employees’ Welfare Committee.
Accounts Receivable
2008 2009
Related Party Amount
% to Total Notes and
Accounts Receivable Amount
% to Total Notes and
Accounts Receivable
NT$ NT$ US$(Note 3)
VIA Technologies, Inc. $ 282 - $ 506 $ 16 -
Employees’ Welfare Committee 69,238 - ---
Others - - 286 9 -
$ 69,520 - $ 792 $ 25 -
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