Consolidated Financial Statements - Acer Group

55ACER INCORPORATED AND SUBSIDIARIESNotes to Consolidated Financial Statements (continued)(ii) Notes and accounts receivable from:December 31, 2011 December 31, 2010NT$ US$ NT$COWIN - - 411,850Bluechip 70,361 2,323 104,956E-Life - - 137,077Wistron 11,767 388 -Others 6,497 215 65,14188,625 2,926 719,024(b) Purchases and related notes and accounts payable(i) Purchases from:2011 2010NT$ US$ NT$Wistron 21,948,884 724,625 32,257,144Others 161,614 5,335 109,30222,110,498 729,960 32,366,446The trading terms with related parties are not comparable to the trading terms with thirdparties as the specifications of products are different.The Consolidated Companies sold raw material to Wistron and its subsidiaries andpurchased back the finished goods after being manufactured. To avoid double-counting,the revenues from sales of raw materials to Wistron and its subsidiaries amounting toNT$60,197,894 and NT$109,888,754 for the years ended December 31, 2011 and 2010,respectively, were excluded from the consolidated revenues and cost of goods sold. Havingenforceable rights, the Consolidated Companies offset the outstanding receivables andpayables resulting from the above-mentioned transactions. The offset resulted in a netpayable balance.(ii) Notes and accounts payable to:December 31, 2011 December 31, 2010NT$ US$ NT$Wistron 7,229,227 238,667 7,733,546Others 27,658 913 32,5527,256,885 239,580 7,766,098(Continued)