Trend Micro 2009 Annual Report Download - page 23

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25
Notes to the Consolidated Financial Statements
(Notes to Important Basis of the Preparation of the Consolidated Financial Statements)
1. The Matters Concerning the Scope of Consolidation
(1) The Number of Consolidated Subsidiaries: Twenty three (23)
(2) The Names of Major Subsidiaries
Company Name
Trend Micro Incorporated (Taiwan)
Trend Micro Inc. (U.S.A)
Trend Micro Australia Pty. Ltd. (Australia)
Trend Micro (EMEA) Limited (Ireland)
(3) The Company has no unconsolidated subsidiaries.
2. The Matters Concerning Application of Equity Method
(1) The Number of the Affiliate Companies to which equity method has been applied: Two
(2) The Names of the affiliate companies to which equity method has been applied:
Soft Trend Capital Corporation and Net STAR,Inc.
(3) There is no other affiliate company to which the equity method has not been applied.
3. The Matters Concerning the Accounting Standards
(1) Accounting for evaluation of material assets
c Securities
Available-for-sale with market value:
The securities are stated at the market value method based on the value at
the end of the period (valuated differences are recognized in equity directly.
Cost of selling is determined by the moving average method.)
Available-for-sale without market value:
Cost basis by moving average method
Investments in investment limited partnerships and equivalent partnerships
(ones considered as securities as stipulated under Article 2, Paragraph 2 of
the Financial Instruments and Exchange Act) are calculated on a net equity
partnership basis based on the latest closing statements available depending
on the financial reporting date stipulated in the partnership agreement.
d Inventories:
Cost basis by moving average method
Unprofitable inventories are devaluated