Page 65 - 2024 CPC Corporation,Taiwan

Financial Statements ● Among the uncertainties of the assumptions and estimates, the relevant information that has significant risks
may cause critical adjustments in the following years is as follows: (a) Estimated impairment of trade receivables
The Company has estimated the loss allowance of trade receivable that is based on the risk of a default occurring and the rate of expected credit loss. The Company has considered historical experience, current economic conditions and forward-looking information at the reporting date to determine the assumptions to be used in calculating the impairments and the selected inputs. The relevant assumptions and input values, please refer to note 6(c).
(b) Fair value of investment properties
The fair value of the Company’s investment properties is determined using evaluation techniques, including the income method or land development analysis method. Changes in assumptions used in these models will affect the fair value of the reported investment property. For the assumptions used in the evaluation of investment properties, please refer to Note 6 (j) for details.
A Five-year Financial Summary
(In Thousands of New Taiwan Dollars)
Sales and other operating revenues
Profit (loss) before income tax
per dollar of sales and other operating revenues (NT$)
Cash dividends
per dollar of capital (NT$)
Owner’s equity
per dollar of capital (NT$)
General taxes and import duties Commodity tax
Total taxes
Working capital (current assets less current liabilities)
Ratio of current assets to current liabilities
Long-term Liabilities Properties, plant, and equipment-gross Properties, plant, and equipment-net
Exploration expenses (including all dry holes)
Total assets
Employed capital (Equity, long-term debt)
Employees on December 31
Sales and other operating revenues per employee
2023
1,103,468,528 (21,492,840)
-0.019 0
0.00 107,218,341 0.82 56,317,018 47,794,091 104,111,109
(343,118,882)
44.56% 163,750,000
1,000,418,062 503,242,547
4,987,928 1,052,767,559
270,968,341 17,142
64,372
2022 (restatement)
1,221,856,842 (193,719,131)
-0.159 0
0.00 124,950,250 0.96 52,559,557 49,148,032 101,707,589
(326,569,633)
48.09% 112,400,000
948,901,353 462,939,340
1,758,418 1,031,675,577
237,350,250 16,682
73,244
2021
903,772,722 (47,131,715)
-0.052 0
0.00 262,121,184 2.01 41,285,677 66,285,387 107,571,064
(118,101,309)
64.71% 75,000,000
940,305,423 446,820,912
2,119,987 842,284,751
337,121,184 16,293
55,470
2020
721,700,943 (7,703,206)
-0.011 0
0.00 294,099,129 2.26 36,921,621 71,066,139 107,987,760
(62,628,400)
69.84% 75,150,000
924,745,805 434,621,786
1,712,403 737,278,927
369,249,129 16,123
44,762
2019
1,014,108,034 33,337,332
0.033 24,678,319
0.19 306,048,146 2.35 46,614,084 71,598,649 118,212,733
(48,410,303)
81.17% 76,050,000
909,097,079 421,334,223
2,031,934 801,948,280
382,098,146 15,836
64,038
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