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Appendix
20. PROPERTIES UNDER CUSTODIANSHIP
1) The government has placed certain assets under the TaiwanICDF’s custodianship and management. These
properties are entered into memo accounts: “Properties under Custodianship” and “Custodianship Property
Payable”.
The properties under custodianship were accounted for at cost. Expenditures for major procurement, renewals
and improvements were debited to “Properties under Custodianship” and credited to “Custodianship Property
Payable”. Moreover, the repairs and maintenance expenditures shall be treated as revenues and expenditures
of these projects. Upon disposal, the cost was deducted from the book amount. As of December 31, 2014 and
2013, the book value of fixed assets under custodianship was NT$274,876,043 and NT$375,922,962, respectively.
The amount of MOFA’s stock certificate of Paraguay Synthetic Corporation placed under the TaiwanICDF’s
custodianship amounted to US$10,000 as of December 31, 2014 and 2013, as described in Note 7(4). In addition,
as of December 31, 2014 and 2013, the reserve for severance pay for personnel stationed abroad in charge of
the government’s assignments, which were administered by the TaiwanICDF on behalf of government and for
contracted assistants of the TaiwanICDF amounted to NT$48,631,084 and NT$57,084,686, respectively.
2) The MOFA has engaged the TaiwanICDF to manage the Central American Economic Development Fund (ROC-
CAEDF). As of December 31, 2014 and 2013, the total amount of the ROC-CAEDF was NT$8,117,925,132 and
NT$7,647,188,575, respectively, and the details of the financial assets of the ROC-CAEDF are as follows:
December 31, 2014
December 31, 2013
US$
NT$
US$
NT$
Cash in bank
$ 858,289
$ 27,164,844
$ 679,332
$ 20,247,502
Time deposits
253,502,327
8,023,348,634
254,376,718
7,581,698,086
Interest receivable
2,078,684
65,790,350
1,366,219
40,720,162
Prepaid expenses
51,226
1,621,304
150,761
4,522,825
$ 256,490,526
$ 8,117,925,132
$ 256,573,030
$ 7,647,188,575