5. INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD
December 31, 2014 and 2013
(In Thousands of New Taiwan Dollars)
Investments in associates
2014
2013
Unlisted companies
China American Petrochemical Co., Ltd.
-CPC owned 38.57% equity
$ 2,353,380
$ 3,373,853
Kuo Kuang Power Company Ltd.
-CPC owned 45% equity
2,753,037
2,687,632
Faraway Maritime Shipping Corp.
-CPC owned 40% equity
2,079,181
2,072,879
NiMiC Ship Holding Co., Ltd.
-CPC owned 45% equity
1,686,579
1,516,000
Taiwan Advanced Material Corporation
-CPC owned 49% equity
679,283
720,011
Chun Pin Enterprise Co., Ltd.
-CPC owned 49% equity
365,055
369,521
Global Energy Maritime Co., Ltd.
-CPC owned 48% equity
876,080
358,533
CPC Shell Lubricants Company Ltd.
-CPC owned 49% equity
269,300
356,706
Daihai Petrol Corporation.
-CPC owned 35% equity
117,923
112,061
NiMiC Ship Management Co., Ltd.
-CPC owned 45% equity
32,573
24,239
Kuokuang Petrochemical Technology Co., Ltd. -CPC owned 43% equity
19,882
19,842
$ 11,250,273
$ 11,611,277
6. PROPERTY, PLANT AND EQUIPMENT
December 31, 2014 and 2013
(In Thousands of New Taiwan Dollars)
2014
2013
Land and Land Improvements
$ 308,500,445
$ 308,887,520
Less: Accumulated depreciation and impairment on land and Land
Improvements
19,649,066
19,237,667
Buildings
44,819,638
44,639,406
Less: Accumulated depreciation and impairment on buildings
26,663,515
25,482,547
Machinery and equipment
494,792,238
487,314,943
Less: Accumulated depreciation and impairment on machinery and
equipment
394,606,681
377,166,194
Transportation equipment
21,780,691
21,676,008
Less: Accumulated depreciation and impairment on transportation
equipment
16,984,911
16,260,855
Miscellaneous equipment
5,118,229
4,989,583
Less: Accumulated depreciation and impairment on miscellaneous
equipment
4,333,904
4,232,587
Leasehold improvements
0
422
Less: Accumulated depreciation and impairment on leasehold
improvements
0
392
Construction in progress
20,477,667
19,674,499
Net Properties
$ 433,250,831
$ 444,802,139
