Crucial 2012 Annual Report Download - page 288

43
INOTERA MEMORIES, INC.
NOTES TO FINANCIAL STATEMENTS
(Continued)
Employee benefits Under ROC GAAP, discount rate is considered for purposes of
determining pension liabilities. This discount rate can be 1) long-term
average of interest rates adopted by an institution designated to have
custody of and to manage pension fund and 2) rates of return on relatively
high quality fixed income investments currently available and expected
to be available until maturity of the pension benefits.
Under IFRSs, discount rate is determined by reference to market yields
on the balance sheet date of high quality corporate bonds. In countries
where there is no deep market in these bonds, the market yields (at the
balance sheet date) of government bonds should be used. The currency
and term of the corporate bonds should be consistent with the currency
and estimated term of the post-employment benefit obligations.
The Company has prepared the above assessments (unaudited) in compliance with IFRSs based on the IFRSs
translated by the ARDF and issued by the FSC. However, these assessments may change significantly because
the International Accounting Statements Board continues to issue or amend standards which may differ with
the new rules that will be issued by the FSC governing the adoption of IFRSs. Actual accounting policies
adopted under IFRSs in the future may differ from those contemplated during the assessments.
(f) Reclassifications
Certain accounts in the financial statements as of and for the year ended December 31, 2009 and 2010, have
been reclassified to conform with the presentation of the financial statements as of and for the year ended
December 31, 2011, for purposes of comparison. These reclassifications have not materially affected the
financial statements.
(26) Product and Geographic Information
(a) Information about products
No separate disclosure was made as to revenues from external customers for each product as the entire sales
of the Company were made to external customers and covered only one product, DRAM.
(b) Geographic information
For the years ended December 31,
2009 2010 2011
Sale revenues
Taiwan $ 24,321,874 20,718,863 18,349,030
U.S.A. 11,780,975 6,155,918 12,964,946
Singapore — 14,579,238 6,071,165
$ 36,102,849 41,454,019 37,385,141