3.INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD
December 31, 2013 and 2012
(In Thousands of New Taiwan Dollars)
2013
2012
Investments in associates
Unlisted companies
China American Petrochemical Co., Ltd.
-CPC owned38.64% equity
$ 3,373,853
$ 4,149,395
Kuo Kuang Power Company Ltd.
-CPC owned 45% equity
2,687,632
2,704,115
Faraway Maritime Shipping Corp.
-CPC owned 40% equity
2,072,879
2,047,259
NiMiC Ship Holding Co., Ltd.
-CPC owned 45% equity
1,516,000
677,863
Taiwan Advanced Material Corporation
-CPC owned 49% equity
720,011
731,580
Chun Pin Enterprise Co., Ltd.
-CPC owned 49% equity
369,521
389,957
Global Energy Maritime Co., Ltd.
-CPC owned 48% equity
358,533
370,258
CPC Shell Lubricants Company Ltd.
-CPC owned 49% equity
356,706
664,338
Daihai Petrol Corporation.
-CPC owned 35% equity
112,061
112,130
NiMiC Ship Management Co., Ltd.
-CPC owned 45% equity
24,239
18,326
Kuokuang Petrochemical Technology Co.,Ltd.
-CPC owned 43% equity
19,842
19,910
$11,611,277
$11,885,131
4.PROPERTY, PLANT AND EQUIPMENT
December 31, 2013 and 2012
(In Thousands of New Taiwan Dollars)
2013
2012
Land and Land Improvements
$308,887,520
$303,458,776
Less: Accumulated depreciation and impairment on land and Land
Improvements
19,237,667
18,917,914
Buildings
44,639,406
37,452,353
Less: Accumulated depreciation and impairment on buildings
25,482,547
24,472,386
Machinery and equipment
487,314,943
421,455,618
Less: Accumulated depreciation and impairment on machinery and
equipment
377,166,194
366,257,817
Transportation equipment
21,676,008
21,250,158
Less: Accumulated depreciation and impairment on transportation
equipment
16,260,855
15,640,995
Miscellaneous equipment
4,989,583
4,849,955
Less: Accumulated depreciation and impairment on miscellaneous
equipment
4,232,587
4,206,216
Leasehold improvements
422
422
Less: Accumulated depreciation and impairment on leasehold
improvements
392
383
Construction in progress
19,674,499
82,136,182
Net Properties
$444,802,139
$441,107,753
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