Crucial 2012 Annual Report Download - page 242

INOTERA MEMORIES, INC.
BALANCE SHEETS
DECEMBER 31, 2010 and 2011
(Expressed in thousands of New Taiwan Dollars)
December 31, December 31,
2010 2011 2010 2011
Assets Liabilities and Stockholders’ Equity
Current assets: Current liabilities:
Cash and cash equivalents (notes 4 and 19) $ 5,108,667 5,463,640 Short-term loans (notes 12 and 19) $ — 1,874,600
Current portion of lease receivables (notes 7 and 20) 6,211 6,586 Notes and accounts payable (note 19) 10,794,063 3,050,762
Accounts receivable-related parties (notes 19 and 20) 5,729,041 7,459,495 Accounts payable-related parties (notes 19 and 20) 112,880 213,752
Other receivables (note 20) 758,693 273,456 Accrued expenses (note 15) 1,659,833 1,357,219
Other receivables-related parties (notes 7 and 20) 14,106 — Financial liabilities reported at fair value through profit or loss (notes 5 and 19) 223,302 27,054
Inventories, net (note 6) 4,505,664 3,142,990 Other payables-related parties (notes 19 and 20) 4,947,134 22,161,459
Prepayments 1,748,948 2,112,458 Current portion of bonds payable (notes 13 and 19) 2,039,083 13,998,754
Deferred income tax assets-current, net (note 16) — — Current portion of long-term loans (notes 14 and 19) 12,866,141 16,495,166
Total current assets 17,871,330 18,458,625 Unearned receipts and other current liabilities 19,666 69,677
Current portion of lease payables (notes 9 and 20) 149,323 165,728
Property, plant and equipment (notes 7, 8, 9, 14, 20 and 21): Total current liabilities 32,811,425 59,414,171
Land 2,830,117 2,830,117
Buildings 5,738,572 5,755,543 Long-term liabilities:
Machinery and equipment 207,382,022 217,402,758 Bonds payable (notes 13 and 19) 13,991,778 —
Vehicles 5,485 5,416 Long-term loans (notes 14 and 19) 39,512,012 26,620,000
Leased assets 2,656,223 2,656,223 Lease payables-long-term (notes 9 and 20) 2,664,183 2,498,455
Miscellaneous equipment 18,216,290 19,955,312 Total long-term liabilities 56,167,973 29,118,455
236,828,709 248,605,369
Less: accumulated depreciation (129,452,518) (152,335,171) Other liabilities:
Less: accumulated impairment-machinery and equipment (236,763) — Accrued pension liabilities (note 15) 16,964 8,313
Construction in progress 14,124,078 3,919,469 Guarantee deposits 3,647 2,731
Net property, plant and equipment 121,263,506 100,189,667 Total other liabilities 20,611 11,044
Total liabilities 89,000,009 88,543,670
Intangible asset:
Technical know-how (note 10) 723,422 — Stockholders’ equity (note 17):
Common stock 46,378,990 46,416,950
Other assets: Capital collected in advance 3,940 —
Idle assets (notes 8, 14 and 20) 1,686,190 1,686,190 Capital surplus 41,615,903 41,761,490
Refundable deposits 80,905 14,582 Legal reserve 2,364,141 2,364,141
Deferred charges 10,400 13,375 Special reserve 542,605 542,605
Lease receivables-long-term (notes 7 and 20) 311,077 304,491 Accumulated deficit (note16) (37,636,298) (58,639,466)
Overdue receivables (note 11) — — Total stockholders’ equity 53,269,281 32,445,720
Deferred income tax assets-non-current, net (note 16) 322,460 322,460 Commitments and contingencies (note 22)
Total other assets 2,411,032 2,341,098 Subsequent event (note 24)
Total Assets $ 142,269,290 120,989,390 Total Liabilities and Stockholders’ Equity $ 142,269,290 120,989,390
See accompanying notes to financial statements.