D-Link 2014 Annual Report Download - page 49

Download and view the complete annual report

Please find page 49 of the 2014 D-Link annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

26
D-LINK CORPORATION AND SUBSIDIARIES
Notes to the consolidated financial statements
(Continued)
The operating cost comprises of cost of goods sold, write-down (reversal gain) of inventories to net
realizable value, warranty costs and other loss (gain). In 2014 and 2013, the cost of goods delivered
were $21,234,645 thousand and $21,504,029 thousand, respectively. Write-down of inventories to
net realizable value are recorded as cost of goods sold and increased by $131,346 thousand and
$154,475 thousand, respectively. In 2014 and 2013, the warranty expenses, inventory losses from
obsolescence and others amounted to $666,107 thousand and $832,188 thousand, respectively.
As of December 31, 2014 and 2013, no inventories are pledged as collateral.
(e) Investments accounted for using equity methods
Investments accounted for using equity methods were as follows:
December 31,
2014
December 31,
2013
Associates
$ 3,671,905
3,819,591
(1) Associates
(i) In 2014 and 2013, the Consolidated Company's share of the net income of associates were
as follows:
2014 2013
The Consolidated Company‘s share of the net income
of associates.
$ 142,070
279,922
The Consolidated Company‘s share of the other
comprehensive income of associates.
$ 37,553
110,427
The financial information of the associates are summarized as follows (before being
adjusted to the Consolidated Company‘s proportionate share):
December 31,
2014
December 31,
2013
Total assets
$ 19,844,153
20,651,922
Total liabilities
$ 8,470,007
9,306,017
2014 2013
N
et revenue
$ 25,894,034
26,198,134
N
et income
$ 687,810
827,199