Mega Bank Annual Report 2017

60 Mega Bank -60- (13) Due to the Central Bank and commercial banks December 31, 2017 December 31, 2016 NT$ US$ NT$ Due to the Central Bank $ 196,382,249 $ 6,623,794 $ 115,198,538 Call loans from the Central Bank and banks 122,785,767 4,141,452 216,850,548 Due to the financial institutions 45,003,496 1,517,927 44,551,667 Overdrafts from other banks 4,443,419 149,873 6,597,442 Transfer deposits from China Post Co. 2,374,693 80,096 2,818,812 Total $ 370,989,624 $ 12,513,142 $ 386,017,007 (14) Borrowed funds December 31, 2017 December 31, 2016 NT$ US$ NT$ Funds borrowed from other banks $ 24,234,226 $ 817,398 $ 29,781,859 Refinancing to borrow funds from the Central Bank 5,398,742 182,095 5,909,170 Other funds borrowed from the Central Bank 3,824,592 129,000 4,283,398 Total $ 33,457,560 $ 1,128,493 $ 39,974,427 (15) Financial liabilities at fair value through profit or loss December 31, 2017 December 31, 2016 NT$ US$ NT$ Financial liabilities held for trading: Derivative instruments $ 1,855,204 $ 62,574 $ 3,217,540 Financial liabilities designated as at fair value through profit or loss: Financial bonds 6,920,122 233,410 8,176,700 Total $ 8,775,326 $ 295,984 $ 11,394,240 A. Gain (loss) on financial assets and liabilities held for trading and gain (loss) on financial liabilities designated as at fair value through profit or loss recognized for the years ended December 31, 2017 and 2016 are provided in Note 6(27). B. Financial liabilities designated at fair value through profit or loss by the Bank is for the purpose of eliminating recognition inconsistency. (16) Payables December 31, 2017 December 31, 2016 NT$ US$ NT$ Accounts payable $ 8,005,657 $ 270,023 $ 8,531,575 Bankers’ acceptances 10,445,175 352,306 8,932,976 Dividends and bonus payable 5,679,263 191,556 5,679,263 Collections payable for customers 1,194,930 40,304 1,069,207 Accrued interest 2,994,849 101,014 2,375,143 Accrued expense 4,339,817 146,378 3,435,119 Accrued United Fed expense (Note) 859,792 29,000 - Other payables 2,019,469 68,115 2,126,256 Total $ 35,538,952 $ 1,198,696 $ 32,149,539 (NOTE) The further details of Penalty paid to United Fed are provided in Note 6(31). (17) Deposits and remittances December 31, 2017 December 31, 2016 NT$ US$ NT$ Time deposits $ 933,282,553 $ 31,478,769 $ 750,665,209 Demand deposits 687,417,686 23,185,972 678,871,749 Demand savings deposits 469,471,766 15,834,855 429,888,906 Time savings deposits 258,313,661 8,712,684 268,289,550 Checking deposits 33,023,430 1,113,850 37,981,338 Remittances 6,394,345 215,675 6,374,813 Negotiable certificates of deposit 1,332,800 44,954 1,544,100 Total $ 2,389,236,241 $ 80,586,759 $ 2,173,615,665