Page 98 - 國合會2016電子書-西文

Apendice

18. PERSONNEL EXPENSES, DEPRECIATION AND AMORTIZATION

Personnel expenses, depreciation and amortization are all classified under operating expenses. Details are as follows:
For the Years ended For the Years ended
December 31, 2016 December 31, 2015
Personnel expenses
cSalaries $ 123,443,233 $ 125,021,680
cLabor and health insurance 9,212,322 11,257,742

cPension 8,393,304 17,806,629
cOthers 3,152,434 3,132,617
$ 144,201,293 $ 157,218,668
Depreciation $ 4,545,577 $ 3,458,495
Amortization $ 6,323,170 $ 2,196,408

19. COMMITMENTS AND CONTINGENCIES

1) Pursuant to the Regulations for Loans by the International Cooperation and Development Fund, the loan amount
in U.S. dollars under the loan agreements entered into by Taiwan ICDF amounted to US$182,139,063.81 and
US$222,439,063.81 as of December 31, 2016 and 2015, respectively. The total amount of loans drawn down
amounted to US$177,339,063.81 and US$177,639,063.81, and the undisbursed committed balance amounted to
US$4,800,000.00 and US$44,800,000.00 as of December 31, 2016 and 2015, respectively. Additionally, the loan
amount in Euro dollars amounted to €56,553,755.54 as of December 31, 2016 and 2015. The total amount of loans
drawn down amounted to €20,837,674.52, and the undisbursed committed balance amounted to€35,716,081.02
as of December 31, 2016 and 2015. Moreover, the loan amount in Australia dollars amounted to AU$20,227,983.00
as of December 31, 2016 and 2015. The total amount of loans drawn down amounted to AU$20,227,983.00 and
AU$8,728,952.74, and the undisbursed committed balance amounted to AU$0 and AU$11,499,030.26 as of
December 31, 2016 and 2015, respectively.
2) Pursuant to the Regulations for Investments by the International Cooperation and Development Fund, the committed
amounts denominated in U.S. dollars under the outstanding contracts entered into by Taiwan ICDF amounted to
US$65,000,000, of which US$53,215,985 and US$49,200,679 had been invested as of December 31, 2016 and 2015,
respectively. The amount committed but not yet disbursed was US$11,784,015 and US$15,799,321 as of December
31, 2016 and 2015, respectively. Additionally, the committed amounts denominated in NT dollars under the outstanding
investment agreement entered into by Taiwan ICDF has been fully disbursed, with the balance of NT$130,000,000 as
of December 31, 2016 and 2015.
3) Taiwan ICDF had entered into a lease agreement with the MOFA to lease state-owned real estate properties. As per the
lease agreement, the lease period is from October 1, 2015 to September 30, 2020 with the rents charged on a monthly
basis. The rents are calculated as follows:
A. Land: 3% of the most recent official land price per square meter multiplied by the rental area and divided by 12.
B. Building: 10% of the current taxable building value divided by 12.

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