Letter To Shareholders - Mitac

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December 31, 2009 Security held by Type Name of marketable securities Relationship with the issuer General ledger account Number of shares Book value Percentage Market value (Note ) Silver Star Developments Ltd. Stocks Harbinger II (BVI) Venture Capital Corp. SSDL’s investee company accounted for under the equity method Long-term investment accounted for under the equity method. 1,457,850 $ 48,090 49.96% $ 48,090 〃〃 Synnex Corporation 〃〃 6,738,412 5,133,509 19.96% 6,600,122 〃〃 Suzhou MITAC Precision 〃〃 - 242,480 21.62% 242,480 Technology Co., Ltd. 〃〃 Mainpower International 〃〃 5,500,001 160,803 26.19% 160,803 Ltd. 〃〃 Harbinger Ruyi Venture 〃〃 1,000,000 32,169 28.57% 32,169 Ltd. 〃〃 Brilliant Star Holdings None Financial assets carried at 7,115,000 210,851 15.29% 210,851 Ltd. cost-non current 〃〃 Budworth Investments 〃〃 4,744,000 89,462 14.83% 89,462 Ltd. 〃〃 Gapura Inc. 〃〃 295,831 - 5.55% - 〃〃 Global Strategic 〃〃 1,000,000 22,507 1.26% 22,507 Investment Inc. 〃〃 Panasas Inc. 〃〃 1,391,354 - 0.99% - 〃〃 Cirocomm Technology 〃〃 2,352,086 24,279 4.73% 24,279 Corp. 〃〃 Rasilent Systems, Inc. 〃〃 1,210,763 19,390 3.53% 19,390 〃〃 MIREO d.d. 〃〃 80,168 69,150 8.00% 69,150 〃〃 Synnex Technology 〃 Available-for-sale financial 2,689,079 186,891 0.20% 186,891 International Corp. assets-non current 〃〃 MiTAC International SSDL’s investor company 〃 2,763,889 45,742 0.18% 45,742 Corp. accounted for under the equity method 〃〃 Silicon Storage Technology Inc. None Available-for-sale financial assetscurrent 290,909 23,854 0.28% 23,854 Note: The market value of marketable securities held was based on the closing price as of December 31, 2009, if listed, while the market value of marketable securities held was based on the net asset value of the investee company, if not listed. ~150~
(5) Marketable securities for which total buying or selling exceeded $100,000 or 20 percent of capital for the year ended December 31, 2009: Investor Silver Star Development Ltd. Best Profit Ltd. 〃 <strong>To</strong>p Sheen Enterprises Ltd. Silver Star Development Ltd. Booming Enterprises Inc. Tsu Fung Investment Corp. 〃 Marketable securities Best Profit Ltd. <strong>To</strong>p Sheen Enterprises Ltd. Booming Enterprises Inc. MiTAC Digital Corporation Synnex Corporation Mio Technology USA Ltd. Getac Technology Corp. Synnex Technology International Corp. General ledger account Long-term investments accounted for under the equity method Balance as at January 1, 2009 Addition Disposal Balance as at December 31, 2009 Number of shares (in Amount thousands) (Note 2) Counterparty Relationship with the Company Number of shares (in thousands) Amount Number of shares (in thousands) Amount Number of shares (in thousands) Selling price Book value Gain (loss) on disposal Note 1 Subsidiary 10,131,236 $324,506 27,000,000 $ 864,810 - $ - $- $ - 37,131,236 $1,189,316 〃 Note 1 〃 439,579 10,698 20,000,000 640,600 - - - - 20,439,579 640,600 〃 Note 1 〃 800,001 25,624 7,000,000 224,210 - - - - 7,800,001 249,834 〃 Note 1 〃 - - 20,000,000 640,600 - - - - 20,000,000 ( 75,378) 〃 Third party None 7,752,824 5,218,022 - - 1,014,412 796,723 717,526 79,197 6,738,412 5,133,509 〃 Note 1 Subsidiary 800,000 224,210 7,000,000 224,210 - - - - 7,800,000 21,920 Available-for-sale financial assetscurrent Third party None 21,395,741 310,211 - - 7,066,000 230,148 165,768 64,380 14,329,741 443,309 〃〃〃 3,293,710 111,986 - - 1,270,629 108,181 63,440 44,741 2,023,081 140,604 Note 1: Stock capital increase by cash. Note 2: The ending balance contains investment income (loss) and cumulative translation adjustments. (6) Real estate acquired exceeding $100,000 or 20 percent of the Company’s capital for the year ended December 31, 2009: None. (7) Real estate disposed exceeding $100,000 or 20 percent of the Company’s capital for the year ended December 31, 2009: None. ~151~
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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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‧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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Page 103 and 104: 2.Research, development, manufactur
Page 105 and 106: 4) Classification of current and no
Page 107 and 108: 11) Allowance for doubtful accounts
Page 109 and 110: 18) Convertible bonds For convertib
Page 111 and 112: C. When a company’s treasury stoc
Page 113 and 114: B. The Company's investee, G. Marso
Page 115 and 116: D. Lian Jie Investment Co., Ltd. ma
Page 117 and 118: than the sum of carrying value of i
Page 119 and 120: 14) Long-term loans December 31, Ba
Page 121 and 122: 17) Capital reserve The R.O.C. Secu
Page 123 and 124: 19) Share-based payment ─ employe
Page 125 and 126: (b) As of December 31, 2009, the su
Page 127 and 128: G. (a) A summary of the movements u
Page 129 and 130: (c) The Company assumed the employe
Page 131 and 132: exceed the sum of retained earnings
Page 133 and 134: C. Components of deferred income ta
Page 135 and 136: 21) Earnings per share Income befor
Page 137 and 138: treasury stock. 23) Personnel, depr
Page 139 and 140: E. Accounts payable As of December
Page 141 and 142: 10. OTHER INFORMATION 1) The fair v
Page 143 and 144: (c) Short-term financial instrument
Page 145 and 146: 11.SUPPLEMENTARY DISCLOSURES A. Inf
Page 147 and 148: Note 2: 47,500,000 shares were pled
Page 149 and 150: (8) Receivables from related partie
Page 151 and 152: B. Information of Subsidiaries: (1)
Page 153: Note 3: Equal to 50% of the net wor
Page 157 and 158: (10) Information on derivative tran
Page 159 and 160: ) Major transactions with the subsi
Page 161 and 162: D) The relation of business and imp
Page 163 and 164: 12. SEGMENT INFORMATION 1) Operatio
Page 165 and 166: 7 Assessment of financial condition
Page 167 and 168: 7.3 Cash flow analysis Unit: NT$ Th
Page 169 and 170: 7.5.2 Influences of the interest ra
Page 171 and 172: (4) Enterprise and channel servers/
Page 173 and 174: 8.1. Information of affiliates 8.1.
Page 175 and 176: 2. Affiliated companies - basic dat
Page 177 and 178: Company Name Date established Addre
Page 179 and 180: MiTAC (U.K.) Ltd. Sales of MiTAC’
Page 181 and 182: Company name Title Name or Rep. Sha
Page 183: 8.2. MiTAC’s stocks held or dispo
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