D-Link 2004 Annual Report Download - page 61

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33
D-LINK CORPORATION AND SUBSIDIARIES
Notes to Consolidated Financial Statements
(Continued)
(c) Accounts receivable/payable
December 31,
2003 2004
Amount Percentage Amount Percentage
Accounts receivable:
DIL $ 26,270 1 79,033 1
Others 182,095 2 69,294 1
$ 208,365 3 148,327 2
December 31,
2003 2004
Amount Percentage Amount Percentage
Accounts payable:
GSEI $ 1,368,060 23 817,054 17
CCI 489,740 9 436,899 9
CSI 129,324 2 127,622 3
BEI 29,638 - 30,739 1
Others 69,475 1 23,095 -
2,086,237 35 1,435,409 30
Less: account payable to
GSEI (1,368,060) (23) - -
$ 718,177 12 1,435,409 30
(d) Financing
D-Link’ s interest-free loan to WSI in 2003 amounting to $30,000 thousand (also the
maximum amount in 2003) has been repaid.
(e) Others
During the year ended December 31, 2003, D-Link had purchased certain computer software
from DIL for $25,272 thousand, which was recorded in other current assets.
(f) Others
D-Link purchased a plant located in the Neihu district of Taipei and leased it to GSEI. The
duration of the land lease agreement is from July 2004 to May 2005. In 2004, the rental
income of $16,303 thousand had been received. GSEI provides an guarantee deposit
amounted to $ 8,000 thousand, which was recorded in other liabilities.