Letter To Shareholders - Mitac

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 ) -
Total $ 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
Total 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 ) -
Total $ 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
Total 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.
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