HTC 2015 Annual Report Download - page 132

Financial information
Financial information
260
261
December 31
2015 2014
Prepayments to suppliers
Land use right
Prepaid equipment
Others
$ 251,374
120,153
98,702
636,249
$ 1,577,566
139,502
168,983
740,873
$ 9,168,214 $16,543,953
Current
Non-current
$4,400,968
4,767,246
$ 6,626,106
9,917,847
$ 9,168,214 $16,543,953
(Concluded)
Prepayments for royalty were primarily for getting royalty
right and were classified as current or non-current in
accordance with their nature. For details of content of
contracts, please refer to Note 36.
Prepayments to suppliers were primarily for discount
purposes and were classified as current or non-current in
accordance with their nature.
In June 2015, the Company determined that the recoverable
15. SUBSIDIARIES
a. Subsidiary included in consolidated financial statements
The consolidated entities as of December 31, 2015 and 2014 were as follows:
% of Ownership
December 31
Investor Investee Main Businesses 2015 2014 Remark
HTC Corporation H.T.C. (B.V.I.) Corp. International holding company 100.00 100.00 -
Communication Global
Certification Inc.
Import of controlled
telecommunications radio-frequency
devices and software services
100.00 100.00 -
High Tech Computer Asia Pacific
Pte. Ltd.
International holding company;
marketing, repair and after-sales
services
100.00 100.00 -
HTC Investment Corporation General investing activities 100.00 100.00 -
PT. High Tech Computer Indonesia Marketing, repair and after-sales
service
1.00 1.00 -
HTC I Investment Corporation General investing activities 100.00 100.00 -
HTC Holding Cooperatief U.A. International holding company 0.01 0.01 -
HTC Investment One (BVI)
Corporation
Holding S3 Graphics Co., Ltd. and
general investing activities
100.00 100.00 -
HTC Investment (BVI)
Corporation
General investing activities 100.00 - 1)
HTC VIVE Holding (BVI) Corp. International holding company 100.00 - 6)
H.T.C. (B.V.I.) Corp. High Tech Computer Corp.
(Suzhou)
Manufacture and sale of smart mobile
devices
100.00 100.00 -
High Tech Computer
Asia Pacific Pte. Ltd.
HTC (Australia and New Zealand)
Pty. Ltd.
Marketing, repair and after-sales
services
100.00 100.00 -
HTC Philippines Corporation 99.99 99.99 -
% of Ownership
December 31
Investor Investee Main Businesses 2015 2014 Remark
High Tech Computer
Asia Pacific Pte. Ltd.
PT. High Tech Computer Indonesia Marketing, repair and after-sales
services
99.00 99.00 -
HTC (Thailand) Limited 100.00 100.00 -
HTC India Private Ltd. 99.00 99.00 -
HTC Malaysia Sdn. Bhd. 100.00 100.00 -
HTC Communication Co., Ltd. Manufacture and sale of smart mobile
devices and after-sales service
100.00 100.00 -
HTC HK, Limited International holding company;
marketing, repair and after-sales
services
100.00 100.00 -
HTC Holding Cooperatief U.A. International holding company 99.99 99.99 -
HTC Communication
Technologies (SH)
Design, research and development of
application software
100.00 100.00 -
HTC Vietnam Services One
Member Limited Liability
Company
Marketing, repair and after-sales
services
100.00 100.00 -
HTC Myanmar Company Limited 99.00 99.00 -
HTC Investment
Corporation
Yoda Co., Ltd. Operation of restaurant business,
parking lot and building cleaning
services
100.00 100.00 -
HTC Investment One (BVI)
Corporation
S3 Graphics Co., Ltd. Design, research and development of
graphics technology
100.00 100.00 -
HTC Communication
Technologies (SH)
HTC Communication (BJ) Tech
Co.
Design, research and development of
application software
100.00 100.00 -
HTC HK, Limited HTC Corporation (Shanghai
WGQ)
Smart mobile devices examination
and after-sale services and technique
consultations
100.00 100.00 -
HTC Electronics (Shanghai) Co.,
Ltd.
Manufacture and sale of smart mobile
devices
100.00 100.00 -
HTC Myanmar Company Limited Marketing, repair and after-sales
services
1.00 1.00 -
HTC Holding Cooperatief
U.A.
HTC Netherlands B.V. International holding company;
marketing, repair and after-sales
services
100.00 100.00 -
HTC India Private Ltd. Marketing, repair and after-sales
services
1.00 1.00 -
HTC South Eastern Europe
Limited Liability Company
0.67 0.67 -
HTC Communication Solutions
Mexico, S.A DE C.V.
1.00 - 3)
HTC Servicios DE Operacion
Mexico, S.A DE C.V.
Human resources management 1.00 - 4)
HTC Netherlands B.V. HTC EUROPE CO., LTD. International holding company
Marketing, repair and after-sales
services
100.00 100.00 -
HTC BRASIL Marketing, repair and after-sales
services
99.99 99.99 -
HTC Belgium BVBA/SPRL 100.00 100.00 -
HTC NIPPON Corporation Sale of smart mobile devices 100.00 100.00 -
HTC FRANCE CORPORATION International holding company;
marketing, repair and after-sales
services
100.00 100.00 -
amount of partial prepayments was less than its carrying
amount, and thus recognized an impairment loss of
NT$2,395,643 thousand.
14. NON-CURRENT ASSETS HELD FOR
SALE
December 31
2015 2014
Land and buildings held for sale $3,768,277 $ -
On December 29, 2015, the HTC's board of directors resolved
to sell a plot of land and buildings to Inventec Corporation
for a total amount of NT$6,060,000 thousand. Since the
transfer process of this transaction was not completed on
December 31, 2015, the land and building were temporarily
accounted for as “non-current assets held for sale”. No
impairment loss was recognized on classification of the land
and buildings as held for sale for the year ended December
31, 2015.
(Continued) (Continued)