Consolidated - CHUNGHWA PICTURE TUBES, LTD.

More documents

Recommendations

Info

.Issue price 100% 100% 103% 100% .Period 5 years 5 years 22 months 30 months (2002.2.1 to 2007.2.1) (2002.11.19 to 2007.11.19) (2004.1.13 to 2005.11.13) (2004.12.8 to 2007.6.8) Credit Enhanced Zero Credit Enhanced Zero Zero Coupon Convertible Coupon Convertible Bonds, Coupon Convertible Bonds, issued in 2002 and Convertible Bonds, issued in issued in 2004 and due Bonds, issued in 2004 due 2007 2002 and due 2007 at 0.25% 2005 and due 2007 .Place of trading Luxembourg Stock Luxembourg Stock Luxembourg Stock Singapore Stock Exchange Exchange Exchange Exchange .Coupon rate - 0.25% - - .Conversion Bondholders may Bondholders may convert Bondholders may Bondholders may period convert the bonds to the the bonds to the convert the bonds to the convert the bonds to Company’s common Company’s common Company’s common the Company’s shares during a period shares during a period 30 shares during a period common shares 30 days after the days after the issuance and 30 days after the during a period 30 issuance and 30 days 30 days before the issuance and 30 days days after the before the maturity. maturity. The number of before the maturity. issuance and 30 days The number of common common shares received The number of common before the maturity. shares (or the number of by the bondholders is shares received by the The number of the certificates) received determined by dividing the bondholders is common shares by the bondholders is principal amount over determined by dividing received by the determined by dividing conversion price. No the principal amount bondholders is the principal amount cash payment will be made over conversion price. determined by over conversion price. for fractional shares. (The No cash payment will be dividing the principal No cash payment will exchange rate is fixed at made for fractional amount over be made for fractional $34.57 to US$1) shares. (The exchange conversion price. No shares. (The exchange rate is fixed at $33.83 to cash payment will be rate is fixed at $35.076 US$1) made for fractional to US$1) shares. (The exchange rate is fixed at $32.371 to US$1) 19
.Conversion The conversion price is $45 The conversion price is The conversion price is The conversion price is price and per share and will be $15.53 per share and will be $16.46 per share and will $20.25 per share and will adjustment adjusted if number of the adjusted if number of the be adjusted if number of be adjusted if number of Company’s common stock Company’s common stock the Company’s common the Company’s common changes after the issuance changes after the issuance of stock changes after the stock changes after the of the bonds. the bonds. As of December issuance of the bonds. As issuance of the bonds. 31, 2004 the conversion price of December 31, 2004 the was adjusted to $13.44 per conversion price was share. adjusted to $16.21 per share. Credit Enhanced Zero Credit Enhanced Zero Zero Coupon Convertible Coupon Convertible Bonds, Coupon Convertible Bonds, issued in 2002 and Convertible Bonds, issued in issued in 2004 and due Bonds, issued in 2004 due 2007 2002 and due 2007 at 0.25% 2005 and due 2007 .Company’s redemption rights After 2 years of the issuance of the bonds, the Company may redeem the bonds at 100% of the unpaid principal amount outstanding if the closing price of the Company’s common stock on Taiwan Stock Exchange (“TSE”) is equal to 130% or above of the conversion price in effect on each trading day for a period of 20 consecutive trading days, or the bonds not yet converted or bought back amounted to US$5,000 thousand or below. After 2 years of the issuance of the bonds, the Company may redeem the bonds at 100% of the unpaid principal amount outstanding if the closing price of the Company’s common stock on TSE is equal to 125% or above of the conversion price in effect on each trading day for a period of 20 consecutive trading days, or the bonds not yet converted or bought back amounted to US$5,000 thousand or below. After six months of the issuance of the bonds, the Company may redeem the bonds at 100% of the unpaid principal amount outstanding if the closing price of the Company’s common stock on TSE is equal to 120% or above of the conversion price in effect on each trading day for a period of 20 consecutive trading days, or the bonds not yet converted or bought back amounted to less than 10% of the aggregate principal amount originally issued. After 1 year of the issuance of the bonds, the Company may redeem the bonds at 100% of the unpaid principal amount outstanding if the closing price of the Company’s common stock on TSE is equal to 125% or above of the conversion price in effect on each trading day for a period of 20 consecutive trading days, or the bonds not yet converted or bought back amounted to less than 10% of the aggregate principal amount originally issued. 20
Page 1 and 2: CHUNGHWA PICTURE TUBES, LTD. AND SU
Page 9 and 10: The following diagram presents the
Page 11 and 12: Allowance for Doubtful Accounts The
Page 13 and 14: Convertible Bonds The excess of the
Page 15 and 16: customer, transfer of title and acc
Page 17 and 18: Net 2,305,908 2,695,770 Equity meth
Page 19: (9) Short-term bank loans December
Page 23 and 24: .Converting All bonds have been A t
Page 25 and 26: December 31, 2003 2004 Discount rat
Page 27 and 28: Approval (in dollars) Life (in year
Page 29 and 30: Number of Shares Repurchased Purpos
Page 31 and 32: Others 3,248 9,606 Income tax expen
Page 33 and 34: share: Numerator: Net income availa
Page 35 and 36: Corporation September 2006 for usin
Page 37 and 38: 2003 2004 Region Related parties Or
Page 39 and 40: Name of Related Parties Amount % Am
Page 41 and 42: Certificate of deposit restricted T
Page 43 and 44: Depreciation expenses $2,535,787 $8
Page 45 and 46: (3) Export sales Export sales by re
Page 47 and 48: Market price risk relating to deriv
Page 49 and 50: December 31, 2004 Non-derivative Ca

Consolidated - CHUNGHWA PICTURE TUBES, LTD.

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?