Crucial 2011 Annual Report Download - page 192
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41
INOTERA MEMORIES, INC.
NOTES TO FINANCIAL STATEMENTS
(Continued)
For the year ended December 31, 2009
Cost of goods sold Operating expenses
Total
Personnel expenses
Salaries
1,897,567
269,158
2,166,725
Labor and health insurance
144,911
14,340
159,251
Pension expenses
93,505
12,219
105,724
Other personnel expenses
59,872
5,025
64,897
Depreciation expenses
29,516,520
86,708
29,603,228
Amortization expenses
11,160
180,856
192,016
For the year ended December 31, 2010
Cost of goods sold Operating expenses
Total
Personnel expenses
Salaries
2,695,004
366,468
3,061,472
Labor and health insurance
156,707
16,085
172,792
Pension expenses
94,210
11,184
105,394
Other personnel expenses
63,113
5,224
68,337
Depreciation expenses
31,077,056
60,059
31,137,115
Amortization expenses
8,059
723,422
731,481
(b)
As discussed in note 20(b)(vii) to the financial statements, the Company signed a service contract with NTC, under which,
the General Administrative Office of General Administrative Office of the Formosa Group is entrusted to provide certain
administrative services. For the years ended December 31, 2008, 2009 and 2010, service fees due to the General
Administrative Office of the Formosa Group (sundry debtors by Formosa Plastics Corp. and NPC) amounted to $30,680,
$24,316 and $35,838, respectively.