XML 54 R35.htm IDEA: XBRL DOCUMENT

Disposal of Subsidiaries

12 Months Ended

Dec. 31, 2020

30.	DISPOSAL OF SUBSIDIARIES

The board of directors of the Group’s subsidiary, SPIL (Cayman) Holding Limited, resolved in September 2020 to dispose its 100% shareholdings in SF to Shenzhen Hiwin System Limited with a consideration of RMB966,000 thousand. The disposal was completed in October 2020 and the control over SF passed to the acquirer.

Analysis of assets and liabilities on the date control was lost

	NT$			US$ (Note 4)
Current Assets
Cash and cash equivalent	$	200,347		$	7,135
Trade receivables, net		318,425			11,340
Inventories		239,865			8,542
Other current assets		111,913			3,985
Non-Current Assets
Property, plant and equipment		7,546,413			268,747
Right-of-use assets		812,861			28,948
Deferred tax assets		298,217			10,620
Other non-current assets		43,482			1,548

Current Liabilities
Trade and other payables		(1,739,330	)		(61,942	)
Current portion of long-term borrowings		(1,746,000	)		(62,179	)
Other current liabilities		(24,564	)		(875	)

	NT$			US$ (Note 4)
Non-Current Liabilities
Long-term borrowings		(2,947,682	)		(104,974	)
Deferred tax liabilities		(796	)		(28	)

Net assets disposed of	$	3,113,151		$	110,867

Gain on disposal of subsidiarie

	NT$			US$ (Note 4)


Total consideration (paid in cash)	$	4,078,844		$	145,258
Net assets disposed of		(3,113,151	)		(110,867	)
Reclassification of accumulated exchange difference from equity to profit or loss due to the loss of control over SF		(162,940	)		(5,803	)

Gain on disposal of SF	$	802,753		$	28,588