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Mega ICBC
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B.
Trust Income Statement
Trust Balance Sheet
For the years ended December 31,
2015
2014
NT$
US$
NT$
Trust income:
Interest income
$
97,789 $
2,973 $
101,684
Rental income
1,159,792
35,265
1,336,013
Dividend income
1,645,804
50,043
1,514,060
Other income
41,934
1,275
39,449
Exchange gain
2,199,415
66,876
1,966,151
Realized capital gain-Stock
306,383
9,316
321,101
Realized capital gain-Funds
2,322
71
8,173
Total trust income
5,453,439
165,819
5,286,631
Trust expenses:
Management expenses
(
82,926 ) (
2,521 )
(
65,124 )
Supervisory fee
(
450 ) (
14 )
-
Repairing expenses
(
50,127 ) (
1,524 )
(
62,646 )
Insurance
(
13,266 ) (
403 )
(
16,036 )
Depreciation expense
(
1,281 ) (
39 )
(
1,216 )
Bad debts expense
(
234 ) (
7 )
-
Land and housing tax
(
121,008 ) (
3,679 )
-
Taxes
(
15,543 ) (
473 )
(
132,392 )
Interest expense
(
84,177 ) (
2,560 )
(
84,796 )
Service Charge Abstract
(
111,652 ) (
3,395 )
(
143,994 )
Accoutant fees
(
1,696 ) (
52 )
(
1,777 )
Lawyer fees
(
558 ) (
17 )
(
1,592 )
Realized capital loss-Stock
(
162,565 ) (
4,943 )
(
119,150 )
Realized capital loss-Funds
(
5 )
-
-
Losses on Disposal of Property
(
514 ) (
16 )
-
Other expenses
(
96,969 ) (
2,948 )
(
98,000 )
Total trust expense
(
742,971 ) (
22,591 )
(
726,723 )
Net income before income tax (Net investment income)
4,710,468
143,228
4,559,908
Income tax expense
-
-
-
Net income after income tax(note)
$
4,710,468 $
143,228 $
4,559,908
C.
Trust Property List
(Expressed in NT Thousand Dollars)
Trust Property List
December 31, 2015
December 31, 2014
Bank deposits
$
24,816,673 $
33,204,056
Short-term investments:
Mutual funds
130,151,624
129,318,768
Bonds
39,020,329
39,465,753
Stock
45,570,358
48,179,052
Real estate
Land
101,718,220
106,639,064
Buildings and Structures
9,937,494
11,343,576
Construction in Process
8,175,180
1,695,635
Properties
15,601
14,328
Customers’ securities under custody
171,075,599
137,987,252
Other assets
3,649,115
3,555,516
Total
$
534,130,193 $
511,403,000
Note: The amount of designated investment trust on foreign equity of OBU branch is NT$33,890,298 thousand and NT$31,998,107
thousand as of December 31, 2015 and 2014, respectively.
(10)
Information for cross-sales between the Group and subsidiaries
A.
Transactions between the Bank and its subsidiaries: Please refer to Note 11.
B.
Joint promotion of businesses:
In order to create synergies within the group and provide customers financial services in all aspects, the Bank has continuously established
other financial consulting service centers (including banking services, securities trading services, and insurance services) in its subsidiaries
and simultaneously promoted service business in banking, securities and insurances areas.
C.
Sharing of information or operating facilities or premises
Under the Financial Holding Company Act, Computer Process of Personal Data Protection Law, and the related regulations stipulated by
MOF, when customers’ information of a financial holding company’s subsidiary is disclosed to the other subsidiaries under the group or
exchanged between the subsidiaries for the purpose of cross selling of products, the subsidiaries receiving, utilizing, managing or
maintaining the information are restricted to use the information for the joint promotion purposes only. In addition, the Bank is required
to disclose its “Measures for Protection of Customers’ Information” in its website. Customers also reserve the right to have their
information withdrawn from the information sharing mechanism.