HTC 2013 Annual Report Download - page 93

FINANCIAL INFORMATION FINANCIAL INFORMATION
182 183
The New IFRSs Included in the 2013 IFRSs Version Not Yet Endorsed by the FSC Effective Date Announced by IASB (Note 1)
Improvements to IFRSs (2009) - amendment to IAS 39 January 1, 2009 and January 1, 2010, as
appropriate
Amendment to IAS 39 "Embedded Derivatives" Effective for annual periods ending on or
after June 30, 2009
Improvements to IFRSs (2010) July 1, 2010 and January 1, 2011, as
appropriate
Annual Improvements to IFRSs 2009-2011 Cycle January 1, 2013
Amendment to IFRS 1 "Limited Exemption from Comparative IFRS 7 Disclosures for First-
Time Adopters"
July 1, 2010
Amendment to IFRS 1 "Severe Hyperinflation and Removal of Fixed Dates for First-Time
Adopters"
July 1, 2011
Amendment to IFRS 1 "Government Loans" January 1, 2013
Amendment to IFRS 7 "Disclosure - Offsetting Financial Assets and Financial Liabilities" January 1, 2013
Amendment to IFRS 7 "Disclosure - Transfer of Financial Assets" July 1, 2011
IFRS 10 "Consolidated Financial Statements" January 1, 2013
IFRS 11 "Joint Arrangements" January 1, 2013
IFRS 12 "Disclosure of Interests in Other Entities" January 1, 2013
Amendments to IFRS 10, IFRS 11 and IFRS 12 "Consolidated Financial Statements, Joint
Arrangements and Disclosure of Interests in Other Entities: Transition Guidance"
January 1, 2013
Amendments to IFRS 10 and IFRS 12 and IAS 27 "Investment Entities" January 1, 2014
IFRS 13 "Fair Value Measurement" January 1, 2013
Amendment to IAS 1 "Presentation of Other Comprehensive Income" July 1, 2012
Amendment to IAS 12 "Deferred tax: Recovery of Underlying Assets" January 1, 2012
IAS 19 (Revised 2011) "Employee Benefits" January 1, 2013
IAS 27 (Revised 2011) "Separate Financial Statements" January 1, 2013
IAS 28 (Revised 2011) "Investments in Associates and Joint Ventures" January 1, 2013
Amendment to IAS 32 "Offsetting Financial Assets and Financial Liabilities" January 1, 2014
IFRIC 20 "Stripping Costs in Production Phase of a Surface Mine" January 1, 2013
The New IFRSs Not Included in the 2013 IFRSs Version Effective Date Announced by IASB (Note 1)
Annual Improvements to IFRSs 2010-2012 Cycle July 1, 2014 (Note 2)
Annual Improvements to IFRSs 2011-2013 Cycle July 1, 2014
IFRS 9 "Financial Instruments" Effective date not determined
Amendments to IFRS 9 and IFRS 7 "Mandatory Effective Date of IFRS 9 and Transition
Disclosures"
Effective date not determined
IFRS 14 "Regulatory Deferral Accounts" January 1, 2016
Amendment to IAS 19 "Defined Benefit Plans: Employee Contributions" July 1, 2014
Amendment to IAS 36 "Impairment of Assets: Recoverable Amount Disclosures for Non-
Financial Assets"
January 1, 2014
Amendment to IAS 39 "Novation of Derivatives and Continuation of Hedge Accounting" January 1, 2014
IFRIC 21 "Levies" January 1, 2014
Note 1: Unless stated otherwise, the above New IFRSs are effective for annual periods beginning on or after the respective effective dates.
Note2: The amendment to IFRS 2 applies to share-based payment transactions for which the grant date is on or after 1 July 2014; the amendment to IFRS 3
applies to business combinations for which the acquisition date is on or after 1 July 2014; the amendment to IFRS 13 is effective immediately; the remaining
amendments are effective for annual periods beginning on or after July 1, 2014.
HTC CORPORATION
NOTES TO PARENT COMPANY ONLY FINANCIAL STATEMENTS
YEARS ENDED DECEMBER 31, 2013 AND 2012
(In Thousands of New Taiwan Dollars, Unless Stated Otherwise)
1. ORGANIZATION AND
OPERATIONS
HTC Corporation (the"Company") was
incorporated on May 15, 1997 under the Company
Law of the Republic of China to design,
manufacture, assemble, process, and sell smart
mobile devices and provide after-sales service.
In March 2002, the Company had its stock listed
on the Taiwan Stock Exchange. On November 19,
2003, the Company listed some of its shares of
stock on the Luxembourg Stock Exchange in the
form of global depositary receipts.
The functional currency of the Company is New
Taiwan dollars.
2. APPROVAL OF FINANCIAL
STATEMENTS
The parent company only financial statements
were approved by the board of directors and
authorized for issue on February 28, 2014.
3. APPLICATION OF NEW
AND REVISED STANDARDS,
AMENDMENTS AND
INTERPRETATIONS
a. New, amended and revised standards
and interpretations (the "New IFRSs")
in issue but not yet effective
The Company have not applied the International
Financial Reporting Standards, International
Accounting Standards, International Financial
Reporting Interpretations, and Standing
Interpretations that have been issued by the
IASB. On January 28, 2014, the Financial
Supervisory Commission (FSC) announced the
framework for the adoption of updated IFRSs
version in the ROC. Under this framework,
starting January 1, 2015, the previous version
of IFRSs endorsed by the FSC (the 2010 IFRSs
version) currently applied by companies with
shares listed on the Taiwan Stock Exchange or
traded on the Taiwan GreTai Securities Market
or Emerging Stock Market will be replaced by
the updated IFRSs without IFRS 9 (the 2013
IFRSs version). However, as of the date that
the parent company only financial statements
were authorized for issue, the FSC has not
endorsed the following new, amended and
revised standards and interpretations issued
by the IASB (the "New IFRSs") included in
the 2013 IFRSs version. Furthermore, the FSC
has not announced the effective date for the
following New IFRSs that are not included in
the 2013 IFRSs version.