To our Sharechlders
Market Analysis
Our Goals for 2002
Organization Chart
BALANCE SHEETS
December 31, 2001 and 2000
(In Thousands of New Taiwan Dollars, Except Par Value)
ASSETS 2001 2002
Amount % Amount %
CASH(Note3) $ 5,165,249 2 $ 9,119,995 3
DUE FROM BANKS(Notes 4 and 9) 6,717,300 2 8,371,100 3
DUE FROM CENTRAL BANK OF CHINA (Note5) 14,258,107 5 11,825,139 4
SECURITIES PURCHASED-NET (Notes2, 6 and 19) 61,632,410 19 61,952,980 19
RECEIVABLES-NET (Notes2 and 7) 3,896,045 1 4,382,915 1
PREPAID EXPENSES 618,003 - 690,327 -
LOANS, DISCOUNTS AND BILLS PURCHASED - NET (Notes2, 8, 18 and 25) 215,775,443 68 214,366,454 68
LONG-ERM EQUITY INVESTMENTS (Notes 2 and 9) 409,002 - 341,986 -
PROPERTY AND EQUIPMENT (Note 2 and 10)
Cost and appreciation
Land 3,085,604 1 1,797,992 -
Buildings and improvements 1,922,428 1 1,888,86 1
Transportation equipment 3,341 - 3,341 -
Miscellaneous equipment 1,172,674 - 1,162,034 -
Totalcost and appreciation 6,184,047 2 4,851,553 1
Accumulated depreciation 1,323,674 - 1,223,681 -
4,860,373 2 3,627,872 1
construction in progress and advances related to acquisitions of equipment 52,848 - 15,621 -
Net Property and Equipment 4,913,221 2 3,643,493 1
OTHER ASSETS - NET (Notes 2, 11, 16 and 17) 2,542,661 1 2,219,231 1
TOTAL ASSETS $ 315,927,441 100 $ 316,913,650 100
LIABILITIES AND STOCKHOLDERS' EQUITY 2001 2002
Amount % Amount %
LIABILITIES
Due to banks (Note 12) $ 1,756,753 - $ 7,373,345 3
Payables (Note 13) 6,160,800 2 9,852,124 3
Advances received 118,607 2 9,852,124 3
Deposits and remittances (Notes 14 and 18) 274,527,397 87 268,353,445 85
Due to Central Bank and other banks 2,567,527 1 3,307,120 1
Other liabilities (Notes 2 ,17 and 25)) 2,067,101 1 1,126,923 -
total liablities 287,198,185 91 290,188,572 92
STOCKHOLDERS' EQUITY
Capital stock -$10 par value
Authorize ed and issued - 1,803,810 thousand shares in 2001 and 1,733,417 thousand shares in 2000
18,038,103 6 17,334,177 5
Capital surplus:
Revaluation increment on land
610,341 - 448 -
Gain on disposal of property and equipment 67,030 - 67,030 -
Donation 7,930 - 4,768 -
Other 1,321 - 1,321 -
Total capital surplus 686,622 - 73,567 -
Retained earnings:
Appropriated as legal reserve
7,774,255 2 7,222,680 2
Appropriated as special reserve 67,680 - 254,074 -
Unappropriated earnings 2,155,922 1 9,315,340 3
Total retained earnings 9,997,857 3 1,994 -
Total Stockholders' Equity 28,729,256 9 26,725,078 8
CONTINGENCIES AND COMMITMENTS(Notes 2 , 23 and 6)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
$ 315,927,441 100 $ 316,913,650 100