Mega Bank Annual Report 2017

114 Mega Bank 225! (I) Information regarding securities held as of December 31, 2017: (Expressed in NT Thousand Dollars) At year-end Name of Holding Company Type and Name of Marketable Securities Relationship with the Securities Issuer Account Share / Units (in thousands) Book value Ownership Percentage (%) Market value Note Yung-Shing Industries Co. Stocks Yung-Shing Industries Co. SysJust Corporation None Financial assets carried at cost 671 $ 6,878 2.60% $ 6,878 Yung-Shing Industries Co. Hi-Scene World Enterprise Co., Ltd. None Financial assets carried at cost 2,370 5,272 1.54% 5,272 Yung-Shing Industries Co. Hua-sheng Venture Capital Investment Corp. None Financial assets carried at cost 1,069 7,695 1.67% 7,695 Yung-Shing Industries Co. Win Card Co., Ltd. Equity investees Investments accounted for by the equity method 200 37,844 100.00% 37,844 Yung-Shing Industries Co. ICBC Assets Management & Consulting Co., Ltd. Equity investees Investments accounted for by the equity method 2,000 21,881 100.00% 21,881 Yung-Shing Industries Co. An Feng Enterprise Co., Ltd. Equity investees Investments accounted for by the equity method 150 2,208 5.00% 2,208 Total $ 81,778 Cathay Investment & Development Corporation (Bahamas) Funds Cathay Investment & Development Corporation (Bahamas) Tai An Technologies Corp. None Financial assets carried at cost - $ 1,947 - $ 1,947 Accumulated impairment ( 145 ) Total $ 1,802 (J) Information regarding securities for which the purchase or sale amount for the period exceeded NT$300 million or 10% of the Bank's paid-in capital: None. (K) Information regarding trading in derivative financial instruments: None. (L) Other material transaction items which were significant to the users of the financial statements: None. (3) Investments in People’s Republic of China: Unit Ǻ In NT Thousand Dollars Name of Investee Company in Mainland China Main Business Paid-in Capital Investment method Accumulated amount of investment as of January 1, 2017 For the year ended December 31, 2017 Accumulated amount of investments as of December 31, 2017 Net income of investee as of December 31, 2017 The Company's Direct/ Indirect Percentage of Ownership (%) Investment Income (Loss) for the period (Note 2) Carrying amount of investment as of December 31, 2017 Investment income remitted as of December 31, 2017 Reinvestment Withdrawal Mega International Commercial Bank Suzhou Branch (Including Wujiang Sub-Branch and Kunshan Sub- Branch) Banking businesses approved by the local government $ 4,796,000 (Note 3) Branch $ 4,796,000 (Note 3) $ - $ - $ 4,796,000 (Note 3) $ 327,560 None $ 327,560 $ - $ - Mega International Commercial Bank Ningbo Branch Banking businesses approved by the local government $ 5,122,458 (Note 4) Branch $ 5,122,458 (Note 4) $ - $ - $ 5,122,458 (Note 4) $ 232,624 None $ 232,125 $ - $ - Accumulated investment amounts in Mainland China as of December 31, 2017 Investment amount approved by the investment audit committee of the Ministry of Economic Affairs Limits on investment amounts established by the investment audit committee of the Ministry of Economic Affairs (Note 1) $ 9,918,458(Note 3)(Note 4) $ 9,918,458(Note 3)(Note 4) $ 158,329,724 Note 1: Limit calculation is as follows (The Bank's net worth is $263,882,873 thousand) $263,882,873 thousand x 60% = $158,329,724 thousand. Note 2: Relevant operating income and expense of the subsidiary, Mega International Commercial Bank Suzhou(Including Wujiang Sub-Branch and Kunshan Sub-Branck ) and Ningbo Branch have been included the gains and losses of the Bank. Note 3: Based on the approved investment amount (RMB$1 billion, approximately US$160,000 thousand) pursuant to Jing-Shen-II-Zi Letter No. 10000045990 issued by the Investment Commission of the Ministry of Economic Affairs on March 31, 2011. The actual remitted amount, converted using the exchange rate at the date of remittance, was approximately US$157,347 thousand, which converted to NTD was 4,796,000 thousand. Note 4: Based on the approved investment amount (RMB$1 billion, approximately US$167,000 thousand) pursuant to Jing-Shen-II-Zi Letter No. 10300306930 issued by the Investment Commission of the Ministry of Economic Affairs on December 9, 2014. The actual remitted amount, converted using the exchange rate at the date of remittance, was approximately US$162,411 thousand, which converted to NTD was 5,122,458 thousand. Note5: Unit: NT thousand dollars (unless otherwise noted).