D-Link 2013 Annual Report Download - page 53
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D-LINK CORPORATION AND SUBSIDIARIES
Notes to the consolidated financial statements
(Continued)
2012
Balance as of January 1, 2012
Increase
Use d
Reversed
Recl assification
Effe ct
of
exchange
Balance as of December 31, 2012
Warrenties
$ 137,027
21,301
(9,938)
-
16,098
(3,792)
160,696
Sales return and allowances
48,172
629
-
-
-
(1,374)
47,427
Legal proceedings
246,518
10,644
-
-
-
(9,506)
247,656
$ 431,717
32,574
(9,938)
-
16,098
(14,672)
455,779
(k) Bonds payable
December 31,
2013
December 31,
2012
January 1,
2012
Convertible corporate bonds
$ 2,000,000
2,000,000
2,000,000
Less: discount and unamortized issuance
cost
(1,998)
(3,900)
(100,974)
Cumulative redeemed amount
(1,885,700)
(1,885,700)
-
Balance of bonds payable
$ 112,302
110,400
1,899,026
Embedded derivative-call and put
options:
Financial assets at fair value through
profit or loss
$ -
8
-
Financial liabilities at fair value through
profit or loss
$ -
-
81,520
Equity components:
Conversion options, included in capital
surplus-stock options
$ 4,655
4,655
81,454
Expiry of conversion options, included in
capital surplus-others
$ 76,799
76,799
-
2013
2012
Embedded derivative-gains (losses) in call and put
options measured at fair value, included in other
gains and losses
$ 8
(1,579)
Interest expense
$ 1,902
2,858
Loss on convertible corporate bonds redeemed
$ -
94,216
On January 12, 2010, the Company issued unsecured convertible corporate bonds of $2,000,000
thousand. The coupon rate is zero, and the bonds will mature after 5 years. The bonds started to trade
on January 13, 2010. As of the reporting date, no convertible corporate bonds had been converted into
common shares.