Contents - MiTAC

Company Name
MITAC
International Corp.
(8) Receivables from related parties exceeding $100,000 or 20 percent of capital as of December 31, 2003:
Name of the counter
party
Silver Star
Developments Ltd. and
its subsidiaries
〃 Synnex Corp. and its
subsidiaries
〃 Tyan Computer Corp.
(USA)
Relationship with the
counter party
Investee company
accounted for under
the equity method
Indirect investee
company accounted
for under the equity
method
Balance of receivable from related party Overdue receivable
Notes/Accounts
receivable
(9) Information on derivative transactions.
To hedge existing assets denominated in foreign currencies:
For year 2003:
Item
Sales of forward
foreign exchange
Buy of forward foreign
exchange
Notional Amount
(in thousands)
Other
receivables
- 75 -
Total
Turnover rate
(times)
Amount
Collection
method
Subsequent
received amount
Bad debt allowance
provided
$529,284 $217,483 $746,767 0.26 $ - N/A $476,663 $ -
2,932,251 8,921 2,941,172 4.58 - N/A 846,023 -
〃 124,818 115 124,933 10.10 - N/A 53,660 -
Fair Market Value
(in thousands)
Contract Terms
Trade date Strike Price Settlement Date
Hedged Assets
(in thousands)
Hedged
Liabilities (in
thousands)
Gain/(Loss)Recognized
(in thousands)
US$ 362,000 (NT$ 24,583) 2003.08.21~2003.12.31 33.48~34.137 2004.01.02~2004.07.06 US$362,000 - (NT$ 24,583 )
US$ 212,500 NT$ 20,704 2003.08.21~2003.12.31 32.985~34.025 2004.01.05~2004.07.06 - US$212,500 NT$ 20,704
Buy US$ call option US$ 145,000 NT$ 38,839 2003.09.03~2003.12.31 33.005~33.876 2004.01.05~2004.07.06 - US$145,000 NT$ 38,839
Sell US$ put option US$ 145,000 - 2003.09.03~2003.12.31 33.005~33.876 2004.01.05~2004.07.06 - US$145,000 -
Buy of currency
SWAP
US$ 53,500 (NT$ 4,319) 2003.10.06~2003.12.22 33.587~34.125 2004.01.05~2004.04.29 US$53,500 - (NT$ 4,319 )