Mega Bank Annual Report 2017

55 Annual Report 2017 -55- (7) Held-to-maturity financial assets, net December 31, 2017 December 31, 2016 NT$ US$ NT$ Central Bank’s certificates of deposits $ 251,900,000 $ 8,496,357 $ 246,125,000 Bank's certificates of deposits 11,199,845 377,760 12,937,145 Financial bonds 14,375,848 484,884 14,334,099 Government bonds 3,147,783 106,172 3,000,335 Corporate bonds 1,820,260 61,396 2,894,589 Total $ 282,443,736 $ 9,526,569 $ 279,291,168 A. As of December 31, 2017 and 2016, the aforementioned held-to-maturity financial assets amounted to NT$5,262,900 thousand and NT$5,276,900 thousand, respectively, were pledged to other parties as collateral of business reserves and guarantees. B. The Bank and subsidiaries recognized interest income of NT$2,213,346 thousand and NT$1,973,226 thousand on holding held-to-maturity financial assets for the years ended December 31, 2017 and 2016, respectively. C. For held-to-maturity financial assets, as the credit rating of the issuer had been downgraded, the par value of disposed assets was USD 2 million and the loss on disposal was NT$189 thousand. The disposal of investment amount constituted 0.02% of total investment balance on balance sheet date. (8) Investments accounted for under the equity method, net December 31, 2017 Investee Company NT$ US$ Percentage of Shareholding (%) Cathay Investment & Development Corporation (Bahamas) $ 58,808 $ 1,983 100.00 Cathay Investment & Warehousing Co., S.A. 51,135 1,725 100.00 Mega Management Consulting Co., Ltd. 79,160 2,670 100.00 Ramlett Finance Holdings Inc. 7,500 253 100.00 Yung-Shing Industries Co. 684,534 23,089 99.56 China Products Trading Company 27,048 912 68.27 Mega 1 Venture Capital Co., Ltd. 25,769 869 25.00 An Feng Enterprise Co., Ltd. 11,901 401 25.00 Taiwan Finance Corporation 1,646,941 55,550 24.55 Everstrong Iron & Steel Foundry & Mfg. Corporation 44,637 1,506 22.22 China Real Estate Management Co., Ltd. 182,814 6,166 20.00 Universal Venture Capital Investment Corporation 142,488 4,806 11.84 Mega Growth Venture Capital Co., Ltd. 145,589 4,911 11.81 Total $ 3,108,324 $ 104,841 December 31, 2016 Investee Company NT$ Percentage of Shareholding (%) Cathay Investment & Development Corporation (Bahamas) $ 60,195 100.00 Cathay Investment & Warehousing Co., S.A. 55,941 100.00 Mega Management Consulting Co., Ltd. 66,316 100.00 Ramlett Finance Holdings Inc. 6,931 100.00 Yung-Shing Industries Co. 690,960 99.56 China Products Trading Company 27,661 68.27 Mega 1 Venture Capital Co., Ltd. 27,997 25.00 An Feng Enterprise Co., Ltd. 11,844 25.00 Taiwan Finance Corporation 1,574,082 24.55 Everstrong Iron & Steel Foundry & Mfg. Corporation 43,457 22.22 China Real Estate Management Co., Ltd. 183,507 20.00 Universal Venture Capital Investment Corporation 138,127 11.84 Mega Growth Venture Capital Co., Ltd. 146,735 11.81 Total $ 3,033,753