TAITWAN POST CO.,LTD.
Income Statements
For the years ended Dec.31, 2007 and 2006
         Unit:NT$thousand
Item Jan.1,2007-Dec.31,2007 Jan.1,2006-Dec.31,2006 Variance
(%)
subtotal total subtotal total
Operating revenues 385,255,839 388,863,232 -0.93
Postal revenue 24,293,024 24,666,575 -1.51
Interest income 115,666,962 100,323,349 15.29
Insurance premiums  132,597,641 129,753,438 2.19
Reversal of premium reserves 96,141,232 121,955,530 -21.17
Commission and service fees 2,574,518 2,765,358 -6.90
Gains on investments 11,442,513 6,929,795 65.12
Valuation gain of financial liabilities 557,449
Investment gain recognized by using equity method
Foreign exchange gains 1,231,894 1,674,775 -26.44
Other operating revenues 750,606 794,412 -5.51
Operating cost and expenses 368,534,662 374,796,971 -1.67
Postal cost 19,674,954 19,427,122 1.28
Interest expenses 72,421,459 60,461,026 19.78
Claims and benefits 96,458,794 122,582,004 -21.31
Provisions for premium reserve 140,659,681 136,828,197 2.80
Service charges 598,277 488,020 22.59
Losses on investments
Valuation loss of financial Assets
Valuation loss of financial liabilities 1,412,636 -100.00
Foreign exchange losses
Appropriation for reserve 34,762 1,327,303 -97.38
Business and administrative expenses 31,993,693 30,713,777 4.17
Other operating expenses and losses 6,693,042 1,556,886 329.90
Operating income(loss) 16,721,177 14,066,261 18.87
Non-operating revenue 275,998 281,705 -2.03
Non-operating expenses and losses 312,716 746,600 -58.11
Non-operating income(loss) -36,718 -464,895 92.10
Net income before tax 16,684,459 13,601,366 22.67
Income tax (expenses) revenue -460,588 -48,148 -856.61
Net income(loss) after tax 16,223,871 13,553,218 19.70
Accumulated adjustments on changes of accounting principles 140,501 -100.00
Net income(loss) 16,223,871 13,693,719 18.48
NoteThe figure above comes from approved final accounts
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