Company Name Name of the counterparty Transaction Relationship with the counterparty (Note 1) General Ledger Account Amount Transaction terms Percentage of consolidated total operating revenue or total assets (Note 2) " " (1) Accounts payable 2,000,440 Note 4 3.79% " " (1) Warranty expense 1,260,237 Note 4 1.94% " " (1) Accrued expenses / Other payables 526,813 Note 4 1.00% " " (1) Endorsements and guarantees 734,819 1.39% " " (1) Other receivables 170,168 Note 3 0.32% " Tsu Fung Investment Corp. and its subsidiaries (1) Sales 159,902 Note 3 0.25% " " (1) Endorsement and guarantees 160,000 0.30% " Foreground Technology Ltd. and its subsidiaries (1) Sales 1,250,246 Note 3 1.93% " " (1) Purchases 401,240 Note 4 0.62% Silver Star Developments Ltd. (SSDL) and its subsidiaries MiTAC International Corp. (2) Sales 17,359,253 Note 3 26.82% " " (2) Accounts receivable 2,000,440 Note 3 3.79% " " (2) Purchases 9,924,934 Note 4 15.33% " " (2) Accounts payable 4,601,723 Note 4 8.72% " " (2) Accounts receivable 526,813 Note 3 1.00% " " (2) Other payables 170,168 Note 4 0.32% " " (2) Other revenues 1,260,237 Note 3 1.95% Foreground Technology Ltd. and its subsidiaries MiTAC International Corp. (2) Purchases 1,250,246 Note 4 1.93% " " (2) Sales 401,240 Note 3 0.62% Tsu Fung Investment Corp. and its subsidiaries MiTAC International Corp. (2) Purchases 159,902 Note 4 0.25% Note 1: The relationship with the transaction parties are as follows: (1) The Company to the consolidated subsidiary. (2) The consolidated subsidiary to the Company. (3) The consolidated subsidiary to the consolidated subsidiary. Note 2: Ratio of asset/liability is divided by consolidated total assets, and ratio of profit/loss accounts is divided by consolidated sales revenue. Note 3: The collection period is 150 days after offsetting certain receivables and payables according to collection terms to overseas related parties. The sales price to related parties is based on market value. Note 4: The payment period is 150 days after offsetting certain receivables and payables according to payment terms to overseas related parties. The purchase price from related parties is based on market value. Note 5: The standard of disclosure is the transantion amounts exceeding $100,000 or 20 percent of the Company’s capital. ~158~
12. SEGMENT INFORMATION 1) Operations in different industries: The Company operates principally in one industry. The Company’s major operation is the design, manufacture, sales and services of micro-computers and related products. 2) Operations in different geographic areas: For the year ended December 31, 2009 Adjustments and Asia Others Taiwan Eliminations Consolidation Revenue from third parties $ 1,023,065 $ 19,296,686 $ 43,772,115 $ - $ 64,091,866 Revenue from parent and consolidated subsidiaries 26,076,162 1,102,541 14,942,307 ( 42,121,010 ) - <strong>To</strong>tal $ 27,099,227 $ 20,399,227 $ 58,714,422 ( $ 42,121,010 ) $ 64,091,866 Income per area $ 191,301 ( $ 1,266,667 ) $ 510,139 $ 39,061 ( $ 526,166 ) Interest expense ( 53,452 ) Investment income 1,179,658 Income before income tax $ 600,040 Identifiable assets $ 14,788,574 $ 10,897,900 $ 33,551,484 ( $ 15,839,186 ) $ 43,398,772 Long-term investments 10,382,380 <strong>To</strong>tal assets $ 53,781,152 In order to reconcile the amounts of segment information and the amounts shown on the consolidated financial statements, the following adjustments and eliminations have been made: A. Revenue from parent and consolidated subsidiaries: $42,121,010. B. Income from parent and consolidated subsidiaries: ($39,061), which is equal to the revenues from the parent and consolidated subsidiaries of $42,121,010 less the related costs and expenses of $42,160,071. For the year ended December 31, 2008 Adjustments and Asia Others Taiwan Eliminations Consolidation Revenue from third parties $ 1,581,000 $ 13,329,422 $ 50,676,809 $ - $ 65,587,231 Revenue from parent and consolidated subsidiaries 47,314,191 1,724,579 10,998,896 ( 60,037,666 ) - <strong>To</strong>tal $ 48,895,191 $ 15,054,001 $ 61,675,705 ( $ 60,037,666 ) $ 65,587,231 Income per area $ 531,494 ( $ 285,886 ) ( $ 40,177 ) ( $ 323,760 ) ( $ 118,329 ) Interest expense ( 144,368 ) Investment income 1,059,436 Income before income tax $ 796,739 Identifiable assets $ 15,510,468 $ 6,609,150 $ 30,431,375 ( $ 9,945,339 ) $ 42,605,654 Long-term investments 10,142,139 <strong>To</strong>tal assets $ 52,747,793 In order to reconcile the amounts of segment information and the amounts shown on the consolidated financial statements, the following adjustments and eliminations have been made: A. Revenue from parent and consolidated subsidiaries: $60,037,666. B. Income from parent and consolidated subsidiaries: $323,760, which is equal to the revenues from the parent and consolidated subsidiaries of $60,037,666 less the related costs and expenses of $59,713,906. ~159~
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009 ANNUAL REPORT StockNo:2315 2009
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Contents 1. 7. Assessment Letter To
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competitiveness Letter in the marke
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2007 2009 2008 2005 2006 2007 Compa
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2007 2009 2008 2005 2006 2007 Compa
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3.1.2 Responsibilities of major dep
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Names Chairman Mathew Miau Director
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Titles Names Dates took position Sh
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Titles Vice president Vice presiden
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Below 2,000,000 Remuneration Rankin
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Titles Names MiTAC Salaries (A) In
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Managers Receiving Employee Bonuses
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3.3.2 Supervisors’ participation
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Items Status Differentiation with o
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3.3.4 Social contribution to enviro
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3.3.6 Important resolutions reached
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3.4. CPA’s dues Range of Audit Re
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3.7 Relationships between the top t
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3.8 Aggregate shareholding percenta
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2. Preferred stock: None 4.1.4 Majo
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latest financial year after taking
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MiTAC International Corp. Regulatio
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converting price is to be adjusted
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total issuance value, the Company m
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4.3 Employees’ stock options 4.3.
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April 30, 2010 Type of employees’
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April 30, 2010 Units:NT$ Thousand/
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April 30, 2010 Units:NT$ Thousand/S
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April 30, 2010 Units:NT$ Thousand/
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April 30, 2010 Units:NT$ Thousand/
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April 30, 2010 Units:NT$ Thousand/
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‧Personal computers with wire or
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(6) Since many worldly famous compa
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communication technologies mature i
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manufactured for the mainstream mar
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state-of-the-art hardware with navi
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devices, establishes connection wit
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downstream technologies to develop
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2009, and 1.3 million units sold in
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customer satisfaction for a greater
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5.2.2 Important applications and pr
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Volume/value Year 2008 2009 Major p
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5.4.2 MiTAC’s environmental healt
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consumption. To comply with the REA
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and the integration of all our comp
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6. Financial Statement 6.1. Most re
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6.2. Financial analysis in most rec
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6.3. Supervisors’ Report of the m
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MITAC INTERNATIONAL CORP. AND SUBSI
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MITAC INTERNATIONAL CORP. AND SUBSI
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MITAC INTERNATIONAL CORP. AND SUBSI
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2.Research, development, manufactur
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4) Classification of current and no
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11) Allowance for doubtful accounts
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18) Convertible bonds For convertib
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- Page 119 and 120: 14) Long-term loans December 31, Ba
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- Page 123 and 124: 19) Share-based payment ─ employe
- Page 125 and 126: (b) As of December 31, 2009, the su
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- Page 137 and 138: treasury stock. 23) Personnel, depr
- Page 139 and 140: E. Accounts payable As of December
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- Page 143 and 144: (c) Short-term financial instrument
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- Page 165 and 166: 7 Assessment of financial condition
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- Page 179 and 180: MiTAC (U.K.) Ltd. Sales of MiTAC’
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