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The balance of endorsements made by the reaches

11th May 2017 12:09

RNS Number : 8916E
Hon Hai Precision Industry Co Ld
11 May 2017
 

Subject: The balance of endorsements/guarantees made by the Company reaches the level addressed in the items 3 of paragraph 1 of article 25.

Date of events:2017/05/11

Contents:

1.Date of occurrence of the event:2017/05/11

2.The company name of the party for whom the endorsements/guarantees

were made; its relationship with the Company; the ceiling on the

endorsements/guarantees;the original amount of endorsements/guarantees;

the amount of the current additional endorsements/guarantees;

the amount of endorsements/guarantees as of the date of occurrence

of the event; the actual loaned amount of the company who was made

the endorsements/guarantees; the reason for the current additional

endorsements/guarantees:

Foxconn (Far East) Limited and Competition Team Technologies Limited;

Both Foxconn (Far East) Limited and Competition Team Technologies Limited

are subsidiaries 100% owned by the Company.;

NT$556,095,469 thousands;

NT$127,685,486 thousands;

NT$45,211,500 thousands;

NT$172,896,986 thousands;

NT$82,250,870 thousands;

The amount of Medium-Term Note Programme established by the Company's

subsidiaries, Foxconn (Far East) Limited and Competition Team Technologies

Limited, and 100% guaranteed by the Company, is raised from USD3.5 billion

to USD5 billion, under which the subsidiaries can issue foreign

currency-denominated notes from time to time.

3.Capital and accumulated profit/loss for whom the endorsements/guarantees

were made according to its latest financial report:

Capital : NT$225,151,981 thousands;

Accumilated profit/loss : NT$681,480,042 thousands

4.The total amount of ceiling on endorsement/guarantee:

NT$1,112,190,938 thousands

5.The total amount of endorsements/guarantees as of the date

of occurrence of the event:NT$203,827,830 thousands

6.The ratio of the amount of endorsements/guarantees to the

Company's net worth according to the latest financial report

as of the date of occurrence of the event:18.33%

7.The ratio of the aggregate amount of long term

investments, endorsements/guarantees, and monetary loans

extended to others to the Company's net worth according

to the latest financial report:35.93%

8.Any other matters that need to be specified:

(1) The amount of Medium-Term Note Programme established by the Company's subsidiaries, Foxconn (Far East) Limited and Competition Team Technologies Limited, and 100% guaranteed by the Company, is raised from USD3.5 billion to USD5 billion, under which the subsidiaries can issue foreign currency-denominated notes from time to time.

(2) The actual loaned amount guaranteed by the Company are NT$ 62,659,220 thousands for Foxconn (Far East) Limited, and NT$19,591,650 thousands for Competition Team Technologies Limited.

(3) The capital and the accumulated profit/loss in the most recent financial report are NT$225,151,831 thousands and NT$679,564,694 thousands for Foxconn (Far East) Limited respectively, and NT$151 thousands and NT$1,915,348 thousands for Competition Team Technologies Limited respectively.

(4)All the numbers provided herein are calculated based on the Company's booking rate in May. 2017 , among which the USD/TWD is at 30.141, the JPY/TWD is at 0.2714, the CNY/TWD is at 4.3749 and the EUR/TWD is at 32.8657.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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