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140 2 0 1 0 H T C A N N U A L R E P O R T 141
FINANCIAL INFORMATION
2009
Amount (Numerator) EPS (In Dollars)
Before Income Tax
After Income
Tax
Shares
(Denominator)
(In Thousands) Before Income Tax
After Income
Tax
NT$ NT$ NT$ NT$
Basic EPS $ 25,212,464 $ 22,608,902 826,735 $ 30.50 $ 27.35
Bonus to employees - - 15,044
Diluted EPS $ 25,212,464 $ 22,608,902 841,779 $ 29.95 $ 26.86
2010
Amount (Numerator) EPS (In Dollars)
Before Income Tax
After Income
Tax
Shares
(Denominator)
(In Thousands) Before Income Tax
After Income
Tax
NT$ NT$ NT$ NT$
Basic EPS $ 44,491,309 $ 39,533,600 815,239 $ 54.57 $ 48.49
Bonus to employees - - 10,201
Diluted EPS $ 44,491,309 $ 39,533,600 825,440 $ 53.90 $ 47.89
2010
Amount (Numerator) EPS (In Dollars)
Before Income Tax
After Income
Tax
Shares
(Denominator)
(In Thousands) Before Income Tax
After Income
Tax
US$ (Note 3) US$ (Note 3) US$ (Note 3) US$ (Note 3)
Basic EPS $ 1,527,366 $ 1,357,143 815,239 $ 1.87 $ 1.66
Bonus to employees - - 10,201
Diluted EPS $ 1,527,366 $ 1,357,143 825,440 $ 1.85 $ 1.64
23. FINANCIAL INSTRUMENTS
Fair Value of Financial Instruments
a. Nonderivative financial instruments
December 31
2009 2010
Carrying
Amount Fair Value Carrying Amount Fair Value
NT$ NT$ NT$ US$ (Note 3) NT$ US$ (Note 3)
Assets
Available-for-sale financial assets - current $ 2,497,394 $ 2,497,394 $ 441,948 $ 15,172 $ 441,948 $ 15,172
Available-for-sale financial assets - noncurrent 313 313 538 18 538 18
Held-to-maturity financial assets - noncurrent - - 207,946 7,139 207,467 7,122
Financial assets carried at cost 501,192 501,192 515,861 17,709 515,861 17,709
b. Derivative financial instruments
December 31
2009 2010
Carrying
Amount Fair Value Carrying Amount Fair Value
NT$ NT$ NT$ US$ (Note 3) NT$ US$ (Note 3)
Assets
Financial assets at fair value through
profit or loss - current $ 18,132 $ 18,132 $ 450,276 $ 15,457 $ 450,276 $ 15,457
Methods and Assumptions Used in Determining Fair Values of Financial Instruments
Not subject to Statement of Financial Accounting Standards No. 34 - “Financial Instruments: Recognition and Measurement” are
cash, receivables, other current financial assets, payables, accrued expenses and other current financial liabilities, which have carrying
amounts that approximate their fair values.
The financial instruments include neither refundable deposits nor guarantee deposits. The fair values of refundable deposits and
guarantee deposits received are based on the present value of future cash flows discounted at the average interest rates for time
deposits with maturities similar to those of the financial instruments.
The fair values of financial instruments at fair value through profit or loss, available-for-sale and held-to-maturity financial assets are
based on quoted market prices in an active market, and their fair values can be reliably measured. If the securities do not have market
prices, fair value is measured on the basis of financial or other information. The Company uses estimates and assumptions that are
consistent with information that market participants would use in setting a price for these securities.
Financial assets carried at cost are investments in unquoted shares, which have no quoted prices in an active market and entail an
unreasonably high cost to obtain verifiable fair values. Therefore, no fair value is presented.
Methodology Used to Determine the Fair Values of Financial Instruments
Fair Values Based on Quoted Market Prices Fair Values Based on Valuation Methods
December 31 December 31
2009 2010 2009 2010
NT$ NT$ US$ (Note 3) NT$ NT$ US$ (Note 3)
Assets
Financial assets at fair value through profit or loss -
current $ 18,132 $ 450,276 $ 15,457 $ - $ - $ -
Available-for-sale financial assets - current 2,497,394 441,948 15,172 -- -
Available-for-sale financial assets - noncurrent 313 538 18 -- -
Held-to-maturity financial assets - noncurrent -207,467 7,122 -- -
Financial assets carried at cost -- - 501,192 515,861 17,709
There was no loss or gain recognized for the years ended December 31, 2009 and 2010 on the fair value changes of derivatives with
fair values estimated using valuation techniques. However, the Company recognized an unrealized loss of NT$26 thousand and an
unrealized gain of NT$773 thousand (US$27 thousand) under stockholders’ equity for the changes in fair value of available-for-sale
financial assets for the years ended December 31, 2009 and 2010, respectively.