untitled - PDF 免费下载

理年度易行理 (02)6636-5168 Email feng_chian@twfn.com.tw (02)6636-5168 Email sophia_wang@twfn.com.tw 北 17 2 樓 (02)2361-1300 www.fbs.com.tw 林盧北路 156 12 樓 (02)2545-9988 http://www.deloitte.com.tw 不 http://www.tfn.net.tw 北隆路 172-1 9 樓 1 02-6636-5168 隆隆隆路 72 02-6640-2058 北北隆路 172-34 1 樓 02-6638-6758 北北路 7 1 樓 02-6618-2098 北北北路 34 02-6600-9158 北北路 659661 02-6638-0198 北北路 498 02-6600-0298 北林北林林路 676 02-6611-6898 北北路 609 2 1 樓 2 02-6626-1198 福北福路 137 02-6628-3098 路 86 03-262-9758 北北路 542 03-262-8758 路 911 03-612-5098 蘭羅蘭羅路 150 03-905-8258 蓮蓮蓮蓮 46 03-805-0898 栗栗 148 037-24-6958 路 7 04-3600-8698 路 151 04-3606-9698 路 448 04-3606-7098 路 1 04-700-2258 林六北林六北路 1012 04-700-2098 林林路 185 05-310-6358 路 48 06-600-8898 路 279 1 樓 06-600-9658 林林路 243-1 07-968-0798 路 214-12 1 樓 07-965-0658 路 148 1~3 07-965-0698 復路 586 3 08-810-2398 2

年錄 --------------------------------------------------------------------------------------------- 1 --------------------------------------------------------------------------------------------------- 3 --------------------------------------------------------------------------------------------- 3 --------------------------------------------------------------------------------------------- 8 參 -----------------------------------------------------------------------------------------20 理 -----------------------------------------------------------------------------------23 理 -----------------------------------------------------------------------------------23 陸理 --------------------------------------------------------------------------23 理 -----------------------------------------------------------------------23 行理 --------------------------------------------------23 --------------------------------------------------------------------------------------------------24 --------------------------------------------------------------------------------------------24 -----------------------------------------------------------------------------------29 參 --------------------------------------------------------------------------------------------34 --------------------------------------------------------------------------------------35 勞 --------------------------------------------------------------------------------------------36 陸契 --------------------------------------------------------------------------------------------38 金行 --------------------------------------------------------------------------------39 --------------------------------------------------------------------------------------------------40 年度益 --------------------------------------------------------40 年度見 -----------------------------------------------------41 參年度 -----------------------------------------------------------------------------42 -----------------------------------------------------------------------------------44 --------------------------------------------------------------------------------------------47 陸年度 -----------------------------------96 年度年列狀 ------------------------------------------------------------------ 170 狀 --------------------------------------------------- 171 狀 ------------------------------------------------------------------------------------------ 171 ------------------------------------------------------------------------------------------ 171 參金流量 ------------------------------------------------------------------------------------ 172 年度 ------------------------------------------------ 173 年度利來年 --------------------------------------------------------------------------------------------------- 173 陸 --------------------------------------------------------------------------------- 174 ------------------------------------------------------------------------------------ 179 理 ------------------------------------------------------------------------------------ 180 --------------------------------------------------------------------------------------------- 181 ------------------------------------------------------------------------------------------ 181 更 --------------------------------------------------------------------------------- 181

參理年 --------------------------------------------------------------------------- 181 ------------------------------------------------------------------------------------------ 182 料 ------------------------------------------------------------------------------ 182 度行狀 ------------------------------------------------------------------------ 189 參 ------------------------------------------------------------------------ 190 年度年理 ------------------------------ 190 年度年 --------------- 190 陸年度年 ------------------------ 191 年度年 --------------------------------------------------------------------------- 192 年度年易六益 ------------------------------------------------ 192 說 ------------------------------------------------------------------------ 192

女 / 94 年度臨年不更數數拓 94 年度行立聯更立 Triple Play 數益略路 94 年度 87 率 100% 利 14.8 率 200% 93 年 10 錄來 94 年年度行令路 Next Generation Network, NGN 路 CATVCable ModemCable Phone Triple Play 數 -1-

都路 VoIP 路 94 年度行數行 IP 路來更領路行數流 One-Stop Shopping 烈力不力 95 年度數路更良理 -2-

立立年料理理度年類 93 年 10 5 易數力數數度路路路 ISDN 數路數 (Centrex) 量數數路數路數路數路數路路 IP 路 IP 路 ADSL 路 E1 率率 93 年 9 30% 金 645.4 陸麗精 - 3 -

年 / 87 年 12 89 年 3 立 89 年 5 立 1,500 922 90 年 2 省里 90 年 3 略聯 28 336 90 年 6 行行路連 90 年 8 call in 006 1806 便 91 年 9 ebiz.tw club.tw 兩力 e e 92 年 1 ADSL 24 92 年 6 e 92 年 12 e 勵 e-learning 率 93 年 2 2M/128K ADSL 1.5M/384K ADSL 2M/384K 樂 93 年 4 276.6 例 30% 93 年 6 e 93 年 6 006 年 93 年 7 13 聯行 150 益 93 年 9-4 -

93 年 10 行易 93 年 10 93 年 12 1100 94 年 1 聯 94 年 8 連年路留 94 年 10 精神度類 94 年 11 立 95 年 2 聯 1000 10000 連來了 - 5 -

- 6 - 年度年理 () 94 年 11 1 () () 100% 11 30 () 95 年 2 6 () 行蘭聯 () 兩路年度年 ()94 年度 ( 182 ) ()95 年度 4 28 *()() 95 年 4 28 () 3.43% 1.96% 100%TFN US Ltd. TFN HK LIMITED66.67% 100% 100% 99.99% 54.56% % %100%北林樂聯97.43% 100% % % % % % 100% % % 0.04% 數100%

六年度年理年度年量更參 10 11 19 年度年參 10 11 年度年年度年益 - 7 -

() 理理理行理理理行理理路力勞路北行理 - 8 -

() 理力勞 / 行理路路北理理度律力理行勞連行 / 理料路 OA 不行金理理略理流路路量北路路 - 9 -

料 () 料 () () () 陸 () 93.06.11 年 93.06.11 年 93.06.11 年 93.06.11 年 89.05.25 89.05.25 93.06.11 89.05.25 89.05.25 89.05.25 89.05.25 89.05.25 數率數數率年女數率利數 80,000,000 0.87% 56,000,000 0.87% - - - - 2,000,000 0.02% 1,400,000 0.02% - - - - 300,000,000 3.25% 637,000,000 9.87% - - - - 率歷立律 () 立 () 立紐金 () 200,000,000 2.17% 140,000,000 2.17% - - - - 洛金 () () () () () () 北行 () () 數 () () () 樂 () 聯 () () 力龍 () () () () () () () 麗 () () 路 () () () () () () 北行 () 路 () 陸 () 理金北 () () () 金 95 年 4 28 - - - - - - () 麗 93.06.11 年 93.06.11 90.07.31 120,000,000 1.30% 84,000,000 1.30% - - - - () - - - - 精 () 93.06.11 年 93.06.11 93.06.11 100,000,000 1.08% 70,000,000 1.08% - - - - 精 () - - - () 93.06.11 年 93.06.11 89.05.25 5,000,000 0.05% 3,500,000 0.05% - - - - () 行 () () () - - - - 10 -

() () () () 金 () 倫 93.06.11 年 93.06.11 年 93.06.11 年 93.06.11 年 93.06.11 年 93.06.11 92.06.11 92.04.04 89.05.25 89.05.25 95.04.12 93.06.11 93.06.11 93.06.11 93.06.11 數率數數率年女數率利數 150,000,000 1.63% 105,000,000 1.63% - - - - 4,000,000 0.04% 2,800,000 0.04% - - - - 300,000,000 3.25% 637,000,000 9.87% - - - - 16,300,000 0.18% 11,410,000 0.18% - - - - 率歷利諾理理 () 理理立理理理理行理理理金 85,400,000 0.93% 59,780,000 0.93% - - - - 理 () () () () 福雷 () 隆 () ASE Marketing Services Ltd. ASE Test Holdings,Ltd. ASE (Korea)Inc. ISE Labs,Inc. ASE Holding Ltd.(Bermuda) J&R Holding Ltd.(Bermuda) ASE Test Ltd.(Singapore) ASE Japan Co.,Ltd () () 理 () 理 () () () () () 連 () () 金 () 理麗 () () 北金樓 () () 金 () - - - - - - - - - - - - - - - 1 2() 94 年 7 18 3() 94 年 7 18 4 六 5() 95 年 4 12-11 -

() 陸精金 95 年 4 28 陸金李麗陸陸行金金金行 ACER 行 GMO 金金理金金理行金行行金勞勞金 - 12 -

麗行金盧紐行金金金理金易行北行金金理勞行北行 GMO 金麗福利料 - 13 -

() 識立 95 年 4 28 年律立立不行立行來理年律理理麗倫 - 14 -

理理理料 () 理理理料 () 數率年女數率利數理 92.09.01 - - - - - - 行理行理理 92.09.01 700,000 0.01% - - - - 94.03.01 - - - - - - 89.06.12 - - 70,000 0.00% - - 理 92.10.01 91,000 0.00% - - - - 理麟 92.10.13 105,000 0.00% - - - - 理益 93.05.01 350,000 0.01% - - - - 率歷理 () 理理理 Sprint/Global One Taiwan 理 () 理 Asia Global Crossing Taiwan 理理福 () 理 () 行理行 () () 理北立 AT&T () 理 / 理 () 理理北 () () 理 () 理理 Case Westene Reserve univ./operations Research 行 / 路 / 理 / 理理 () () () () 理 () () () () () 北 () 樂 () () 數 () 聯 () () () 樂 () 北 () () () 數 () () () () 理路路 () 林 () () 行 () 行 () () 林 () () 林 () 95 年 4 28 理 - - - - - - - - - - - - - - - - - - - - - - - 15 -

() 年度理理金車 (1) 金勞金利利金利數金 94 年 12 31 金利利數金益例數 ( ) : ( ) : 陸 ( ) : ( ) : ( ) : 麗 405 705 9,184 31,184 5,262 5,262 - - - - - - - - 14,851 37,151 1.0 2.17 - - 車 3,360 車 3,360 : ( ) : ( ) : 精 ( ) : 數金 94 年度 2,000,000 7 6 2,000,000 ~5,000,000 1-5,000,000 ~10,000,000 1 1 10,000,000 ~50,000,000-2 50,000,000 - - 9 9-16 -

(2) 金 94 年 12 31 車勞益例 ( ) : ( ) : 金 ( ) : 倫 90 90 - - 1,435 1,435 1,525 1,525 0.10 0.09 - - 數金 94 年度 2,000,000 3 3 2,000,000 ~5,000,000 - - 5,000,000 ~10,000,000 - - 10,000,000 ~50,000,000 - - 50,000,000 - - 3 3 (3) 理理金 94 年 12 31 金金利利金 ) 利數金金利利數金益例數理理車車理 4,973 4,973 理 38,208 38,208 12,816 12,816 13,393 - - - 13,393 - - - 64,417 64,417 4.33 3.77 - - 理林 () 車車金金理麟 3,036 3,036 理益理年度利 13,393-17 -

理理金理理數 94 年度 2,000,000 1 1 2,000,000 ~5,000,000 3 3 5,000,000 ~10,000,000 3 3 10,000,000 ~50,000,000 1 1 50,000,000 - - 8 8 理利理理理理理理理理理盧林麟益利金利數金金 - - - 13,393 () 94 年 12 31 年度利 13,393 益例 13,393 0.90 () 年理理金益例金金聯 1. 93 年度 94 年度理理金益例 4.09% 6.03% 2. 93 年度 94 年度理理金益例 4.09%5.43% 3. 車狀 4. 理理歷歷年異 5. 金年度 - 18 -

年度年理例 () 理 () 不 () 不例 ( 1) 理 % 數例數例數例 () 900,352,762 18.212% 783,672,945 15.853% 1,684,025,707 34.065% () 14,531,998 66.667% 53,259 0.244% 14,585,257 66.911% () 1,750,000,000 100.000% - - 1,750,000,000 100.000% () 703,980,000 100.000% - - 703,980,000 100.000% 路 () 276,600,000 2.632% 966,653,630 9.197% 1,243,253,630 11.829% TFN US Ltd 430,000 100.000% - - 430,000 100.000% TFN HK LIMITED 1,299,999 99.999% - - 1,299,999 99.999% 1 2 () 路 () 料 94 年 12 31-19 -

參來 95 年 4 16 / 年行數金數金來金 89 年 05 10 15,000,000,000 150,000,000,000 9,220,000,000 92,200,000,000 立金 92,200,000,000 93 年 08 10 15,000,000,000 150,000,000,000 6,454,000,000 64,540,000,000 27,660,000,000 93.07.06 0930129705 類流 () 行 6,454,000,000 8,546,000,000 15,000,000,000 數量金 95 年 4 16 數 2 12 374 62,031 9 62,428 數 2,104,000 570,300,500 3,233,521,211 2,573,052,789 75,021,500 6,454,000,000 例 0.03% 8.84% 50.10% 39.87% 1.16% 100% - 20 -

95 年 4 16 數數例 1 999 1,452 984,500 0.015% 1,000 5,000 13,482 40,562,233 0.629% 5,001 10,000 14,936 105,589,267 1.636% 10,001 15,000 9,440 123,858,600 1.919% 15,001 20,000 1,693 29,868,559 0.463% 20,001 30,000 5,605 131,959,000 2.045% 30,001 50,000 5,894 221,259,600 3.428% 50,001 100,000 5,864 411,977,991 6.383% 100,001 200,000 2,038 276,754,300 4.288% 200,001 400,000 1,135 314,936,130 4.880% 400,001 600,000 211 103,157,350 1.598% 600,001 800,000 252 175,635,770 2.721% 800,001 1,000,000 36 32,716,900 0.507% 1,000,001 390 4,484,739,800 69.488% 62,428 6,454,000,000 100.000% 95 年 4 16 數例 637,000,000 9.87% 208,600,000 3.23% 陸 140,000,000 2.17% 122,500,000 1.90% 105,000,000 1.63% 105,000,000 1.63% 98,230,000 1.52% 84,000,000 1.30% 84,000,000 1.30% 行 84,000,000 1.30% - 21 -

年度利料 () 利年度年度 93 年 94 年 95 年 4 28 - - - - - - - - - 11.07 10.08 10.88 10.53 ( 2) ( 2) 數 8,182,750,000 6,454,000,000 6,454,000,000 0.44 0.23 0.08 金利 0.5 - - - - - - - - - - 累利 - - - 益 - - - 利 - - - 金利利率 - - - 1 2 數年度列 94 年度 3 91 年度理理若 94 95 年 ( 4 28 ) 數 6,451,200,000 0.23 0.08 六利行狀 () 利年度年度列 1. 勞 2. 利 3. 利 () 利金利 0.3 不 - 22 -

勞 () 勞數年度年度列 1. 勞 2. 利 3. 利 () 1. 利 13,393 勞 6,696 2. 利數例不 3. 利勞年度 0.23 利勞年度 0.23 () 年度利勞年度利 163,435 勞 98,061 領勞 65,374 理理陸理理行理 - 23 -

() 1. F113050 19. IZ99990 2. F113070 (IC ) 3. F118010 20. F401021 4. F119010 料 21. F401030 5. F213030 零 22. I103010 理 6. F213060 零 23. I601010 7. F218010 零 24. J304010 8. F219010 料零 25. F113010 9. G901011 類 26. F113020 10. I301010 27. F113030 精 11. I301020 料理 28. F113110 12. I301030 29. F213010 零 13. G902011 類 30. F213040 精零 14. CC01050 料理 31. F301030 15. CC01060 32. G801010 16. CC01070 33. JB01010 17. E701030 34. I401010 18. E605010 35. I401020 36. J504011-24 -

() 年度 6,779,318 77% 數 1,540,731 18% 429,052 5% 8,749,101 100% () 1. 路 ISDN 數路數 (Centrex) 量 2. 數數路數路數路數路數路路 IP 路 IP 路 ADSL 路 E1 3. 路 () 年度了更拓度度 1. 路數利路不省更便利 2. 立 e m 異料流量理 3. (CATV)(Cable Modem)(Cable Phone)(Triple Play) 數 - 25 -

() 年度路數 1,350 來數例數來路路 () 聯路路數例 NortelSiemens 路例行聯神行 () 識力異料料理來列 1. 數數數路路 2. 路兩切路理 one-stop-shopping 降 () 領 89 年 3 行 90 年 7 行 94 年 8 4 年來率 15% 率 - 26 -

() 年度 92 年度 23,383 93 年度 47,900 94 年度 43,000 95 年度 4 28 12,500 () 年度 1. 異路 2. 都路 3. 路 4. 理 (Content Management System) 5. 理 6. 7. 易 8. () 年度 1. 都路路 2. 路 3. VoIP 4. FTTx 路 5. 6. 理 7. 理 8. 9. 易 () 年度 1. 都路路 2. WiMAX 路 - 27 -

3. 路 4. VoIP 路 5. 流量理 6. 7. 8. 路率降路量精神陸更異路 - 28 -

() 金離路路 () 率年度 87 1,350 6.4% 年度 6,779,318 數 1,540,731 429,052 年度率 135,000,000 6.4% () 狀 1. 料率 59.8% 數年度數 2. 路 (VPN) 益路量年度數 3. 力兩來勞量數狀 4. 路連數年 M 六來力 - 29 -

() 利率狀路靈行切 () 利不利 1. 利 (1) 路路理念良 (2) 來領切年理度率 (3) 路路路路 IP 路路數更 (4) 靈行路立靈行略省精聯路拓 2. 不利 (1) 路路切理拓 (2) 了兩路數 ISR ISP 類度 3. (1) 度率量 - 30 -

度度益立略 (2) 精神度理流精益精精流精益精率降力力力 (3) 路益率拓利益參令度理力量力 (4) 力領數路 (Next Generation Network, NGN) 路 (CATV)(Cable Modem)(Cable Phone) (Triple Play) 數 (5) (One-Stop Shopping) IP 力領路行數流 (One-Stop Shopping) - 31 -

() 數 Centrex 利利不不行連路類勞路 080 路數數 006 路 080 () ; 080-9 都 (Routing Plan) (0809) 路 (IN) 0809 都 (Routing Plan) 路 (IN) (0209) 路率數路數路行 IP 路數路路路率數路行立路 / 不率路數 / 不率路數利數路不立路類 IP 路 ADSL 路 Peering As Number 連 IP 路 IP Traffic Transit 了 As Number 連 IP 路 IP 流量 ISP - 32 -

率連路率連路數路 ADSL 連路 (ADSL) 路料連路連路省率率理 IP () 路路數路料狀路路理力參良狀年度年度 () 94 年度 93 年度金金 1,294,739 15.28% 959,489 13.77% () 94 年度 93 年度金金 878,269 10.04% - 33 -

() 94 年度 MVPN 金年度量不量六年度量年度量數 94 年度 93 年度量量量量 1,800 87,197 () 1,854,953 1,477,210 1,020 4,924,365 1,643 1,259,576 1,206 5,445,853 438 51,449 319 63,521 1,236,208 () () () 49,086 279,371 149,681 193,801 37,591 3,611,534 5,137,567 2,689,585 5,532,530 數數 + 數 / 2 參年度年數料年度 93 年度 94 年度數 95 年 4 28 年度 95 年 4 28 理 202 169 145 304 317 266 681 637 617 1,187 1,123 1,028 年 32.7 33.0 33.3 年 2.8 3.4 3.6 1 1 1 歷 213 210 193 946 892 816 25 18 16 率 2 2 2-34 -

年度 93 年度 94 年度狀類度金 () 行 1. 不行若理行理理理理 2. 來年 95 年度 96 年度 97 年度金 3. 95 年度 96 年度 97 年度利 () 1. 2. 狀 3. 金 - 35 -

勞福利 () 立利利 () 利理利 1. 利禮金禮金禮金 2. 金女金 3. 樂旅 4. 勞度 () 勞勞金例 () 90 年 12 立勞金北年 11 令金 () 精勞金行精勞金例益 () 94 年 7 勞金例 6% 勞練 94 年度練理力理練理省了領力理立度練練 94 年度練狀 1. 練理練識了行流立力 2. 理練理領領行力臨 - 36 -

3. 力理練力列力理勞 4. 練理念理練識參練 5. 識練類了 6. 練度省練練練力來練勞益良勞勞勞益勞勞不落度益年更勞金例列省理勞說勞金益說行勞度 94 年 7 1 6% 金勞金益年度年勞來金年來勞勞令益利力良勞來勞 - 37 -

陸契契契來 89.04-114.03 1 2 論 () 91.6~110.6 92 T3 路 25 E1 路 () 94.01 路聯行 () 行 () 北行 93.9.13-96.9.13 聯 () 路連 () 90.04 路連路連 () 90.03 路連路連 () 90.06 路連路連 () 90.06 路連路連 () 90.06 路連路連 () 90.06 路連路連 () 94.07 路連 - 38 -

金行立行不 - 39 -

年度益年度年度料 90 年 91 年 92 年 93 年 94 年流 35,857,705 11,994,943 10,583,640 10,384,639 5,351,694 金 50,764,884 72,143,397 68,738,362 61,280,343 61,187,408 15,540,091 18,590,458 18,786,682 21,559,605 20,492,372 4,663 4,164 25,816 24,374 22,736 4,850,495 2,846,630 1,011,604 1,144,201 1,045,310 107,017,838 105,579,592 99,146,104 94,393,162 88,099,520 流 13,096,336 10,704,615 4,385,547 7,706,155 2,492,058 14,158,634 12,629,034 4,521,452 11,194,652 ( 1) - - - 15,000,000 15,000,000 45,437 54,609 66,392 248,174 932,100 13,141,773 10,759,224 4,451,939 22,954,329 18,424,158 14,204,071 12,683,643 4,587,844 26,442,826 ( 1) 92,200,000 92,200,000 92,200,000 64,540,000 64,540,000 393,173 453,828 151,781 1,083,175 1,318,682 留 1,282,193 2,361,273 2,324,423 5,820,410 3,820,025 219,895 436,854 2,188,518 2,331,913 ( 1) 金益 - - - - - 累數 699 3,793 29,162 (1,552) 461 列金 - - - - (606) 益 93,876,065 94,820,368 94,694,165 71,438,833 69,675,362 92,813,767 92,895,949 94,558,260 67,950,336 ( 1) 1 數年度列 94 年度 - 40 -

益 () 年度年度料 90 年 91 年 92 年 93 年 94 年 1,383,597 7,165,439 8,203,438 8,222,115 8,749,101 利 () (357,521) 803,150 1,040,139 1,033,960 276,737 (2,417,591) (1,555,948) (1,261,193) (784,935) (1,359,549) 3,890,185 3,807,587 3,345,260 5,278,718 4,048,891 (67,585) (55,211) (132,698) (663,668) (1,203,502) () 益 1,405,009 2,196,428 1,951,369 3,830,115 1,485,840 () 益 1,305,219 2,141,901 1,913,147 3,631,892 1,488,112 () 益 - - - - - () 益 - - - - - 累數 - - - - - 益 1,305,219 2,141,901 1,913,147 3,631,892 1,488,112 0.14 0.23 0.21 0.44 0.23 年度見年度見年度見 90 聯留見 91 聯林留見 92 林留見 93 林留見 94 林盧留見年度更輪 90 年 91 年 94 年度更 - 41 -

參年度年度年度料 () 90 年 91 年 92 年 93 年 94 年率 12.28 10.19 4.49 24.32 20.91 金率 604.09 510.05 504.05 400.93 413.20 力流率 273.80 112.05 241.33 134.76 214.75 率 271.13 111.07 237.94 131.08 205.31 利數 7,348.29 4,785.81 4,834.15 4,694.01 575.79 率 5.87 9.57 7.19 7.54 9.16 數 62 38 51 48 40 力率 - 8.95 8.31 6.67 5.10 數 - 41 44 55 72 率 0.09 0.39 0.44 0.38 0.43 率 0.01 0.07 0.08 0.09 0.10 率 1.29 2.05 1.92 3.82 1.89 益率 1.40 2.27 2.02 4.37 2.11 利力率利益 (2.62) (1.69) (1.37) (1.22) (2.11) 益 1.52 2.38 2.12 5.93 2.30 益率 94.34 29.89 23.32 44.17 17.01 0.14 0.23 0.21 0.44 0.23 金流量率 10.92 17.87 83.21 56.61 194.26 金流量金流量率 3.62 4.75 8.31 12.70 15.89 金率 0.66 0.97 1.94 4.82 1.76 度度 - - - - - 度 0.99 0.97 0.97 0.90 0.81 兩年度率 () 1. 流率 ( 流 ) 流 2. 利數年行利益降列利降數 3. 率 4. 率數率降數 5. 利力率降陸數益列利 6. 金流量率流 7. 金流量率年度累金流數 8. 金率金利 - 42 -

1. (1) 率 (2) 金率益 2. 力 (1) 流率流流 (2) 率流流 (3) 利數利益利 3. 力 (1) () 率 () (2) 數 365 率 (3) 率 (4) () 率 () (5) 數 365 率 (6) 率 (7) 率 4. 利力 (1) 率益利率 (2) 益率益益 (3) 益率益 (4) 利利行數 5. 金流量 (1) 金流量率金流量流 (2) 金流量率年度金流量年度 ( 金利 ) (3) 金率 ( 金流量金利 )( 金 ) 6. 度 (1) 度 () 利益 (2) 度利益 ( 利益利 ) - 43 -

年度林盧不年 () 年 - 44 -

年度林盧不年金 () 倫年 - 45 -

年度林盧不年 () 年 - 46 -

年年年年益益金流量理見行理不列金露理見理見行年年狀年年金流量年理年度見年度留見留見參林盧理六 0920123784 理六 0920123784 年 - 47 -

年年年年年年金金益金金流流 1100 金金 $ 2,142,476 3 $ 2,137,802 2 2120 $ 25,839 - $ 31,480-1110 1,650,395 2 6,454,158 7 2130 - - 180-1120 29,339-13,371-2140 1,182,173 1 814,027 1 1130 267 - - - 2150 53,355-52,579-1140 594,881 1 481,700 1 2160 - - 104,435-1150 306,173-399,340-2170 444,309 1 538,568 1 1160 346,812-511,035 1 2190 1,766-5,330,186 6 1180 28,361-88,594-2210 185,495-299,000-120X 33,178-10,400-2260 294,533-233,316-1250 174,555-170,114-2298 流 304,588 1 302,384-1260 27,442-103,125-21XX 流 2,492,058 3 7,706,155 8 1298 流六 17,815-15,000-11XX 流 5,351,694 6 10,384,639 11 2420 15,000,000 17 15,000,000 16 金 24XX 15,000,000 17 15,000,000 16 六 142101 益 58,421,408 67 58,514,343 62 142102 2,766,000 3 2,766,000 3 2810 金 87,744-87,446-14XX 金 61,187,408 70 61,280,343 65 2820 金 138,531-160,728-2880 六 705,825 1 - - 六 28XX 932,100 1 248,174-1501 1,410,481 2 1,500,150 2 2XXX 18,424,158 21 22,954,329 24 1521 1,200,331 2 1,272,719 1 1544 22,300,645 25 20,767,277 22 益 1551 8,333-8,333-3110 10 1561 295,923-218,904-15,000,000 行 1631 良 890,544 1 329,690 1 年 6,454,000 64,540,000 73 64,540,000 69 1681 7,758-7,758-3260 1,318,682 2 1,083,175 1 15X1 26,114,015 30 24,104,831 26 留 15X9 累 ( 5,721,790 ) ( 7 ) ( 3,840,379 ) ( 4 ) 3310 982,525 1 619,336 1 1599 累 ( 155,232 ) - - - 3350 2,837,500 3 5,201,074 5 1670 255,379-1,295,153 1 益 15XX 20,492,372 23 21,559,605 23 3420 累數 461 - ( 1,552 ) - 3430 列金 ( 606 ) - - - 3510 ( 3,200 ) - ( 3,200 ) - 1710 2,826-3,165-3XXX 益 69,675,362 79 71,438,833 76 1780 19,910-21,209-17XX 22,736-24,374-1800 488,051 1 481,582 1 1810 215,854-441,910-1820 金 62,713-60,170-1830 258,976-140,470-1880 19,716-20,069-18XX 1,045,310 1 1,144,201 1 1XXX $ 88,099,520 100 $ 94,393,162 100 益 $ 88,099,520 100 $ 94,393,162 100 參年理 - 48 -

益年年年度年度金金 4000 $8,749,101 100 $ 8,222,115 100 5000 8,472,364 97 7,188,155 88 5910 利 276,737 3 1,033,960 12 6100 1,117,815 12 1,201,153 15 6200 理 518,471 6 617,742 7 6000 1,636,286 18 1,818,895 22 6900 ( 1,359,549 ) ( 15 ) ( 784,935 ) ( 10 ) 利益 7110 利 19,665-17,121-7121 益列益六 3,623,486 41 4,892,006 60 7130 利益 4,019-2,696-7140 利益 213,895 2 261,064 3 7150 19 - - - 7160 利益 1,521-14,207-7210 金 42,442 1 37,584-7260 利益 1,341 - - - 7480 什 142,503 2 54,040 1 7100 利益 4,048,891 46 5,278,718 64-49 -

年度年度金金 7510 利 $ 312,291 4 $ 83,372 1 7530 54,359 1 174,574 2 7540 - - 2,672-7570 - - 10,639-7580 21,235-17,250-7620 - - 318,721 4 7630 798,371 9 - - 7880 什 17,246-56,440 1 7500 1,203,502 14 663,668 8 7900 利 1,485,840 17 3,830,115 46 8110 利益 2,272 - ( 198,223 ) ( 2 ) 8900 利 1,488,112 17 3,631,892 44 9600 利 $1,488,112 17 $3,631,892 44 9750 9750 利 $ 0.23 $ 0.23 $ 0.47 $ 0.44 不料利 $1,488,112 $3,631,892 利 $ 0.23 $ 0.23 $ 0.47 $ 0.44 參年理 - 50 -

益年年利留列金累數年 $ 92,200,000 $ 151,781 $ 430,579 $ 1,893,844 $ 2,324,423 $ 29,162 $ - ( $ 11,201 ) $ 94,694,165 年度 - - 188,757 ( 188,757 ) - - - - - 勞 - - - ( 50,964 ) ( 50,964 ) - - - ( 50,964 ) 利金 - - - ( 84,941 ) ( 84,941 ) - - - ( 84,941 ) 92,200,000 151,781 619,336 1,569,182 2,188,518 29,162 - ( 11,201 ) 94,558,260 ( 27,660,000 ) - - - - - - - ( 27,660,000 ) 年度益 - - - 3,631,892 3,631,892 - - - 3,631,892 例數 - 931,394 - - - - - - 931,394 累數 - - - - - ( 30,714 ) - - ( 30,714 ) 列 - - - - - - - 8,001 8,001 年 64,540,000 1,083,175 619,336 5,201,074 5,820,410 ( 1,552 ) - ( 3,200 ) 71,438,833 年度 - - 363,189 ( 363,189 ) - - - - - 勞 - - - ( 98,061 ) ( 98,061 ) - - - ( 98,061 ) 利金 - - - ( 163,436 ) ( 163,436 ) - - - ( 163,436 ) 利金 0.5 - - - ( 3,227,000 ) ( 3,227,000 ) - - - ( 3,227,000 ) 64,540,000 1,083,175 982,525 1,349,388 2,331,913 ( 1,552 ) - ( 3,200 ) 67,950,336 年度益 - - - 1,488,112 1,488,112 - - - 1,488,112 例數 - 235,507 - - - - - - 235,507 累數 - - - - - 2,013 - - 2,013 列金 - - - - - - ( 606 ) - ( 606 ) 年 $ 64,540,000 $ 1,318,682 $ 982,525 $ 2,837,500 $ 3,820,025 $ 461 ( $ 606 ) ( $ 3,200 ) $ 69,675,362 參年理 - 51 -

金流量年年年度年度金流量益 $ 1,488,112 $3,631,892 列 48,386 ( 13,875 ) 2,212,860 1,773,883 110,316 56,959 52,031 178,410-311,210 798,371 - 利益 ( 1,341 ) 10,639 ( 19 ) - 益列益 ( 3,623,486 ) ( 4,892,006 ) 益金利 3,833,840 3,537,058 勞列 ( 65,374 ) - 累數列利益 - ( 16,376 ) - 2,672 ( 2,272 ) 90,643 ( 15,968 ) 798 ( 267 ) 354 ( 161,567 ) 38,536 93,167 214,726 39,510 31,520 60,233 ( 79,197 ) ( 17,348 ) ( 11,477 ) ( 4,441 ) ( 129,867 ) 75,683 ( 4,217 ) - 13,381 ( 5,526 ) 22,735 ( 180 ) ( 228,411 ) 368,147 ( 25,753 ) - 52 -

年度年度 $ 776 ( $ 464,481 ) ( 104,435 ) 104,435 ( 93,591 ) ( 18,752 ) ( 22,279 ) 18,686 ( 288,271 ) 204,047 61,217 26,938 流 4,476 ( 52,652 ) 金 298 29,651 金流 4,841,058 4,362,109 金流量 ( 2,815 ) 35,000 4,803,763 ( 129,887 ) 825,320 9,735,352 111,338 180,168 ( 6,887,125 ) ( 1,880,124 ) ( 210 ) - 金 ( 2,542 ) 9,300 ( 226,800 ) ( 85,390 ) - 102,238 金流 ( 1,379,071 ) 7,966,657 金流量 - 15,000,000 金 ( 22,197 ) 152,132 金利 ( 3,227,000 ) - 勞 ( 32,687 ) ( 50,964 ) 利 ( 175,429 ) ( 80,684 ) - ( 27,660,000 ) 金流 ( 3,457,313 ) ( 12,639,516 ) 年度金金數 4,674 ( 310,750 ) 年金金 2,137,802 2,448,552 年金金 $2,142,476 $2,137,802-53 -

年度年度金流量露利不利 $ 312,057 $ 82,574 $ 106,963 $ 3,146 金金年度數 $1,898,410 $5,482,698 數 115 556,263 數 4,994,667 ( 4,149,134 ) 數 668 ( 9,703 ) ( 6,735 ) - 年度金數 $6,887,125 $1,880,124 參年理 - 54 -

年度金令年立年六年錄 ( ) 類 ( ) 類 ( ) ( ) 料理 ( ) ( 六 ) 零 ( ) ( ) 年年數 1,123 1,187 說行金列理金不異說 - 55 -

流流流年不流流流年不流流金金金列列金列力益益列益年列益益行利數不留益易益列易益益年年列理不力金利年度列年度利金利累數若利年度益累數金利數 - 56 -

不不列益金列列益若列金若復列益累更良列理列年度利列年數年年年年良年年累益列年度利益來益年年年益金量列若金列利益 - 57 -

不列列金金理金理金精金金勞金例年行勞勞金例金度留例年例勞金率不勞六列理異年度數列列金異數列類流流流流列理年度年度列年度易易易率金不率利益列年度益率列年度益益列率率益年度率益歷率例列數 - 58 -

列益累數金易易利率金錄利率利率金利利列利列列易量數量量年異不易量不利率理年理益金金列 798,371 列金 $ 139,572 494,380 金 164,419 益 - $ 798,371 北樓年數金 - 59 -

路金易金說 ( ) 量量度 ( ) 路例理參年度 ( ) 率金率 4.63% 金金年年 $ 1,329,450 $ 1,259,864 716,555 800,000 行 94,171 75,318 金 2,300 2,620 $ 2,142,476 $ 2,137,802 年年金 $ 1,158,095 $ 5,635,158 492,300 819,000 - - $ 1,650,395 $ 6,454,158 $ 1,812,237 $ 6,824,324 金金參 - 60 -

六年年金例金例益 $ 31,413,242 18.22 $ 31,584,551 18.56 19,202,273 100.00 19,348,101 100.00 7,789,453 100.00 7,289,777 100.00 ( 705,825) 66.67 274,118 66.67 TFN US Ltd. 12,140 100.00 13,229 100.00 TFN HK LIMITED 4,300 99.99 4,567 99.99 57,715,583 58,514,343 列 705,825 66.67-58,421,408 58,514,343 路 2,766,000 5.53 2,766,000 5.53 $ 61,187,408 $ 61,280,343 益年度力益益列年不力益年 2,500,000 行 250,000 金年六例 (100%) 金 2,500,000 年 4,000,000 行 400,000 金年六例 (100%) 金 4,000,000 年 1,039,800 103,980 年例 100% 數 103,980-61 -

年 4,800,000 行 480,000 金年例 (66.67%) 金 3,200,000 年臨 1,020,000 行 102,000 金年例 66.67% 金 680,000 年臨 255,960 25,596 217,980 行 21,798 年年例 66.67% 數 17,064 金 145,320 年列易利益 705,825 列 Taiwan Telecom (Aust) Pty Ltd. (TTA) 年度年度例 (40%) 35,352 列 2,672 TTA 年益益 TFN US Ltd. TFN HK LIMITED 30,000 50,000 行列益年度年度 $ 1,906,504 $ 2,088,458 1,056,454 1,444,659 489,130 1,166,606 173,377 221,710 TFN US Ltd. ( 1,528) ( 26) TFN HK LIMITED ( 451) ( 221) Taiwan Telecom (Aust) Pty Ltd - ( 29,180) $ 3,623,486 $ 4,892,006-62 -

年度年年累 $ 116,518 $ 92,985 4,936,371 3,371,725 6,519 4,879 183,044 140,047 良 475,340 228,061 3,998 2,682 $ 5,721,790 $ 3,840,379 年度 2,201,789 1,755,952 年年金 10,468,131 13,183,859 ( ) 年年 $ 205,674 $ 205,674 982,248 708,912 累 ( 234,892) ( 148,578) 累 ( 494,380) - ( 242,796) ( 324,098) $ 215,854 $ 441,910 路列 ( ) 年年 $ 20,069 $ 20,069 累 ( 353) - $ 19,716 $ 20,069 契年 - 63 -

度落 20,069 年年 $12,500,000 $12,500,000 2,500,000 2,500,000 年 - - $15,000,000 $15,000,000 ( ) 行年六年年年度利率 1.95161% ~ 2.2242% 利 ( ) 行年六年年年度利率 1.8989%~ 2.1716% 利年度行聯行 150 聯年金金列參六金勞金例年行若年六勞金例金度留例行年勞金年勞金例勞金年 - 64 -

2% 金勞金年年 58,226 42,608 金露 ( ) 金年度年度 $ 15,818 $ 19,100 利 2,557 1,446 金 ( 1,468) ( 1,014) 數 ( 1,715) ( 1,665) 金 $ 15,192 $ 17,867 ( ) 金狀金年年 $ - $ - ( 57,164) ( 58,958) 累 ( 57,164) ( 58,958) 來數 ( 31,708) ( 43,475) ( 88,872) ( 102,433) 金 58,226 42,608 狀 ( 30,646) ( 59,825) 列 22,582 23,648 列金益 ( 79,680) ( 51,269) 金 ($ 87,744) $ 87,446) ( ) 金精年度年度率 2.50% 3.00% 來率 2.50% 3.00% 金率 2.50% 3.00% 年勞金例例六勞金年度列金 21,931-65 -

年 319 年精精金 26,000 年益 ( ) 150,000,000 92,200,000 數 10 金更益率年六 27,660,000 年六行金理 0930129705 年年 64,540,000 數 10 ( ) 令不金行行易例 ( ) 年度年度列 1. 勞 2. 利 3. 利年度年度 - 66 -

年六年六年度利利年度年度年度年度 $ 363,189 $ 188,757 勞 98,061 50,964 利金 163,436 84,941 利金 3,227,000 - $ 0.50 $ - $ 3,851,686 $ 324,662 領年度勞 65,374 列年度列利益什若利勞年度列年度 0.44 0.41 0.21 0.19 年六更年度年度列 1. 零勞 2. 利 3. 利年度年度易 - 67 -

( ) 利益率年度年度年度利益率 25% $ 371,450 $ 957,519 數異益列益 ( 906,366) ( 1,230,358) ( 53,041) ( 18,374) 異 177,901 1,881 - - 10% - 215,159 - ( 107,579) 年度 $ - $ 107,580 年 3,145 ( ) 年度年度年度 $ - $ 107,580 ( 2,272) 90,643 利益 ($ 2,272) $ 198,223 ( ) 年年 $ 193,020 $ - 1,566,758 1,564,894 77,783 93,818 金 ( 1,836,101) ( 1,658,712) 利益 ( 1,460) ( 2,272) $ - ($ 2,272) - 68 -

年年流 $ 5,551 $ 7,142 流 1,832,010 1,651,570 流 ( 1,460) ( 2,272) 金 ( 1,836,101) ( 1,658,712) $ - ($ 2,272) ( ) 例理列年年年度數數累數數年度年度 $188,210 $ - $142,070 $ 46,140 年度 471,753 - - 471,753 年度 760,471 - - 760,471 六年度 286,807 - - 286,807 年度 1,587 - - 1,587 $1,708,828 $ - $142,070 $1,566,758 ( ) 兩年 $ 504,493 年六年度年累年度年度率 17.78% 33.08% 利年度率不 - 69 -

( 六 ) 年度利年度年度利年復金數年度年度流 6,454,000 ( 2,800) 益 $ 1,485,840 $ 1,488,112 6,451,200 $ 0.23 $ 0.23 金數年度年度流 8,182,750 ( 3,550) 益 $ 3,830,115 $ 3,631,892 8,179,200 $ 0.47 $ 0.44 年度年度 $ 183,286 $ 712,065 $ 895,351 $ 151,316 $ 724,668 $ 875,984 勞 14,802 43,137 57,939 10,676 40,310 50,986 金 6,909 25,961 32,870 2,358 14,099 16,457 6,880 27,053 33,933 4,642 25,001 29,643 211,877 808,216 1,020,093 168,992 804,078 973,070 2,073,833 127,956 2,201,789 1,622,582 128,262 1,750,844 38,277 25,116 63,393 11,228 21,128 32,356 $2,323,987 $ 961,288 $3,285,275 $1,802,802 $ 953,468 $2,756,270-70 -

易 ( ) TFN US Ltd. TFN HK LIMITED 數年六數年年立年立年聯年年樂年北年年年益 Taiwan Telecom (Aust) Pty Ltd 益年年六精年六年年年年年年年 - 71 -

福年年六 Supreme - Tech (Aust) Pty Ltd 年理理 TT&T Holdings CO., Ltd 北行行金理金理理理林易年年年年年年年年年 - 72 -

年立年立理 ( ) 易易說行理 1. 年度年度金金 $ 878,269 10 $ 730,300 9 64,396 1 69,105 1 52,163 1 53,169 1 15,919-457 - 行 15,382 - - - 北行 11,262 - - - 10,781-6,990-5,407-11,466-24,047-13,405 - $ 1,077,626 $ 884,892 易易 2. 年度年度金金 $ 38,014 16 $ 17,731 11 23,890 10 19,841 12 1,372 1 11,116 7 $ 63,276 $ 48,688 行理 - 73 -

易 3. 年度年度金金 $ 1,294,739 15 $ 951,773 13 80,101 1 54,761 1 62,753 1 24,917-32,423-28,778-32,051-6,031 - - - 226,366 3 精 - - 26,756-1,589 - - - $ 1,503,656 $ 1,319,382 易 4. 易 (1) 年度易易金 $ 2,093,457 230,852 $ 2,324,309 年度易易金 $ 5,103,002 (2) 年度易易金利益 $ 107,155 $ 3,969-74 -

年度易易金利益 $ 45,047 $ 1,993 5. (1) 金年度年度車 $ 22,547 $ 19,088 車 294 78 $ 22,841 $ 19,166 (2) 金年度年度 $ 25,679 $ 18,938 2,547 5,298 $ 28,226 $ 24,236 行理金 6. 行年年金金 (1) 行北行 $ 387,779 18 $ 339,972 16 (2) 列流北行 $ 17,815 100 $ 15,000 100 (3) 北行 $ 2,500,000 17 $ 2,500,000 17-75 -

7. 年年金金 (1) $ 267 - $ - - (2) $ 203,490 23 $ 321,648 36 30,896 3 51,087 6 13,752 2 8,508 1 13,391 1 - - 44,644 5 18,097 2 $ 306,173 $ 399,340 (3) $ 26,421 7 $ - - 1,725-62,479 10 - - 26,000 4 215-115 - $ 28,361 $ 88,594 (4) $ - - $ 180 1 (5) $ 24,195 2 $ 28,292 3 14,084 1 11,579 1 13,311 1 5,724 1 1,765-6,984 1 $ 53,355 $ 52,579 (6) $ 1,766 1 $ 5,325,309 95 - - 4,877 - $ 1,766 $ 5,330,186 (7) $ 18,237 4 $ 17,559 3 15,563 4 8,430 1 - - 12,265 2 1,343-21,396 4 $ 35,143 $ 59,650-76 -

8. 年年金金 $ 35,752 12 $ 57,676 25 107-209 - $ 35,859 $ 57,885 9. 金年度年度 $ 10,907 $ 2,423 3,819 14,940 $ 14,726 $ 17,363 10. 勞年度年度 $ 81,524 $ 179,922 精 - 59,822-22,501 8,155 4,953 $ 89,679 $ 267,198 11. 年度年度 $ - $ 16,776 2,162 4,326 $ 2,162 $ 21,102 12. 年度年度 $ 17,624 $ 16,399 53 478 $ 17,677 $ 16,877 13. 利年度年度北行 $ 50,575 $ 13,470-77 -

六年年 $ 17,815 $ 15,000 3,494,958 6,452,051 49,544 55,937 $ 3,562,317 $ 6,522,988 行度履金諾露 ( ) 年行來行例立 22,400,000 USD38,000 ( ) 年履行立金 3,410 ( ) 年立年度金金金年度 $ 4,777 六年度 2,603 年度 1,955 年度 2,009 年度 1,218 $ 12,562 金年年金金 $ 3,528,837 $ 3,528,837 $ 3,707,012 $ 3,707,012-78 -

年年金 $ 1,650,395 $ 1,812,237 $ 6,454,158 $ 6,824,324 31,413,242 26,101,227 31,584,551 31,215,230 金 17,336,056 17,336,056 22,529,132 22,529,132 年年金利率 $ - $ 1,864 $ - $ - 金 ( ) 金類來金理金金 ( ) 參列 ( ) 金來金 ( ) 金流量利率利率 ( ) 金利率行料金金列列數不 - 79 -

露 ( ) 易 ( ) 1. 金 2. 3. 4. 累金 5. 不金 6. 不金 7. 金 8. 六 9. 10. 易年六行利率利率利率利率利率易露 (1) 金金金利率利率利率 1.6000%~1.6300% $1,500,000 利率利率利率年度列 378 列利 (2) 利率易良行不 - 80 -

(3) 利率利率利率利不 (4) 流金流量來金不利率金流量利率金金不金金 (5) 金類略利率利率利率略金流量利率 ( ) 陸 ( ) 類類 ( ) ( ) ( ) 年度年度金金 $ 878,26 10 $ 730,30 9-81 -

金年度金來利率金來金金列金金金 1 2 聯 3 北 4 林 5 6 7 樂 $ 75,000 $ - 7.00 來 $ 111,330 - $ - - - $12,511,576 $12,511,576 1 1 50,000-6.00 來 116,230 - - - - 12,000,000 1 172,000 100,000 3.28~7.20 來 44,202 - - - - 12,000,000 2 128,000 93,000 3.28~7.20 來 9,541 - - - - 12,000,000 2 222,000 150,000 3.28~7.20 來 105,375 - - - - 12,000,000 1 73,000-7.20 來 276,533 - - - - 12,000,000 1 12,000,000 1 12,000,000 2 12,000,000 2 12,000,000 1 12,000,000 1 107,700 107,700 3.28~7.20 來 15,091 - - - - $ 12,000,000 $ 12,000,000 1 1 1 金金來不數來金兩 2 金金來不數來金兩金不 40% 金不 40% - 82 -

年度累金金率 0 $ 7,039,800 $ 300,000 $ - $ - - $69,677,162 1 1 800,000 340 - - 0.10 1,613,083 2 3,188,256 41,000 41,000-11.39 7,970,641 3 龍 1,147,788 822,200 822,200-228.44 2,869,470 3 2 12,511,576 6,100,000 - - - 12,511,576 5 4 3 聯 12,000,000 6,100,000 - - - 12,000,000 5 4 4 北 12,000,000 6,100,000 - - - 12,000,000 4 12,000,000 66,664 - - - 12,000,000 4 5 林 12,000,000 6,100,000 - - - 12,000,000 5 4 12,000,000 66,664 - - - 12,000,000 4 6 12,000,000 6,100,000 - - - 12,000,000 4 12,000,000 66,664 - - - 12,000,000 4 7 12,000,000 108,224 - - - 12,000,000 4 12,000,000 6,100,000 - - - 12,000,000 4 8 樂 12,000,000 6,100,000 - - - 12,000,000 5 4 12,000,000 138,224 - - - 12,000,000 4 9 12,000,000 96,664 - - - 12,000,000 4 12,000,000 6,100,000 - - - 12,000,000 5 4-83 -

累金金率 10 6 6 $ 7,274,200 $ 7,000,000 $ 7,000,000-448 $ 7,274,200 6 6 12000,000 7,000,000 7,000,000-449 12,000,000 ( 4 12,511,576 7,000,000 7,000,000-121 12,511,576 6 6 4 聯聯 12,000,000 7,000,000 7,000,000 374,240 1,439 12,000,000 6 6 4 北北 12,000,000 7,000,000 7,000,000 61,290 2,945 12,000,000 6 6 4 林林 12,000,000 7,000,000 7,000,000 101,468 2,856 12,000,000 6 6 4 12,000,000 7,000,000 7,000,000 346,986 1,199 12,000,000 6 6 4 12,000,000 7,000,000 7,000,000 576,245 1,161 12,000,000 6 6 4 12,000,000 7,000,000 7,000,000 47,027 3,363 12,000,000 6 6 4 樂樂 12,000,000 7,000,000 7,000,000 531,961 2,350 12,000,000 6 6 4 1 不不金 2 不不金 3 度不 4 不數來金兩 5 6 聯北林樂 - 84 -

年類行列金例益金 - 19,909 $ 302,440 - $ 310,319 2 金復金 - 7,924 99,098-100,006 2 祥金 - 36,210 460,273-467,693 2 祥金 - 28,719 296,284-300,383 2 益 4,923 492,300-633,836 4 益 900,353 31,413,242 18.22 26,101,227 3 1,750,000 19,202,273 100.00 19,202,368 703,980 7,789,453 100.00 7,789,497 14,532 ( 705,825) 66.67 239,960 7 TFN US Ltd. 430 12,140 100.00 12,140 5 TFN HK LIMITED 1,299 4,300 99.99 4,300 5 路 - 276,600 2,766,000 5.53 2,229,541 5 益金 - 18,650 216,895-225,208 2-85 -

類行列金例 2,800 $ 4,800 0.04 $ 27,870 北路 - 5,000 50,000 3.33 28,063 5-1,200 12,000 12.00-6 6,002 47,442 54.56 45,498 益金 - 33,334 513,051-522,465 2 金 - 18,151 257,031-260,885 2 金 - 324 3,836-3,910 2 益金 - 6,824 74,806-78,918 2 福金 - 1,877 300,000-304,599 2 金 53,293 1,440,677 0.70 1,479,410 3 數 100 1,000 100.00 1,000 益 467,821 16,529,346 9.47 13,562,144 3 4,985 44,861 45.32 37,793 北路 - 5,000 28,450 3.33 28,063 5 聯 - 1,840 29,450 7.40 18,804 5 益金 - 19,599 120,477-120,990 2-86 -

類行列金例金 35,946 $ 900,420 0.45 $ 997,859 3 益 132,080 4,250,498 2.67 3,829,000 3 益 53 872 0.24 879 150,000 1,574,083 100.00 1,574,083 100 975 0.06 975 4,100 26,024 82.00 26,024 30,000 300,000 - - 路 - 50,000 500,000 - - 益復金 - 3,803 50,000-50,013 2 聯 33,057 1,503,596 78.71 382,961 益福金 - 370 60,000-60,000 2 金 - 3,570 53,000-53,000 2 441,659 5,697,853 70.60 4,088,176-87 -

類行列金例益祥金 - 2,868 $ 30,000 0.14 $ 30,003 2 祥金 - 3,872 50,000 0.20 50,005 2 樂 20,000 1,822,294 100.00 297,874 6,030 695,048 30.15 208,162 林 6,248 508,264 29.53 245,111 北 21,160 529,483 100.00 237,655 29,415 1,835,199 70.00 422,135 聯 8,568 291,724 20.40 99,263 51,337 1,152,385 91.67 535,056 159,900 1,558,283 99.94 1,558,283 聯益金 - 3,598 50,000-50,013 2 祥金 - 4,781 50,000-50,011 2 樂益益金 - 4,324 50,000-50,014 2 益 - 金 - 5,757 80,000-80,021 2 益 - 福金 - 740 120,000-120,033 2 林益 - 復金 - 1,749 23,000-23,006 2-88 -

類行列金例北益 - 金 - 4,162 $ 60,000 - $ 60,017 2 益 - 羅金 - 2,348 27,000-27,008 2 益 - 金 - 418 6,000-6,124 2 金 - 604 7,051-7,292 2 益金 - 899 10,099-10,395 2 益金 - 141 2,000-2,065 2 金 - 416 6,000-6,111 2 金 - 375 5,000-5,206 2 金 - 1,000 10,000-10,530 2 精金 - 452 5,000-5,051 2 益復利金 - 2,452 30,000-30,000 3 復金 - 1,796 20,000-20,000 3 祥金 - 4,780 50,000-50,000 3 1 說 2 年金 3 年 4 參 5 行金 6 料 7 易利益金數列 - 89 -

累金年度類列易金金益金 - - 8,190 $ 819,000 - $ - 3,267 $ 460,711 $ 326,700 $ 134,011 4,923 $ 492,300 益金 - - 62,664 880,000 40,276 576,000 102,940 1,469,059 1,456,000 13,059 - - 金 - - 30,013 353,735 - - 30,013 358,544 353,735 4,809 - - 金復金 - - - - 30,193 350,000 30,193 350,550 350,000 550 - - 金 - - 18,972 276,032 - - 18,972 283,084 276,032 7,052 - - 金 - - 43,570 670,535 38,469 600,000 82,039 1,277,343 1,270,535 6,808 - - 金 - - 18,630 275,459 - - 18,630 280,976 275,459 5,517 - - 福金 - - 4,116 651,519 3,097 500,000 7,213 1,162,706 1,151,519 11,187 - - 聯金 - - 39,532 500,000 17,171 220,002 20,493 263,025 259,729 3,296 36,210 460,273 利金 - - 53,681 551,903 19,300 200,000 44,262 460,039 455,619 4,420 28,719 296,284 利金 - - 17,844 251,991 - - 17,844 255,643 251,991 3,652 - - 金 - - - - 28,182 417,000 28,182 419,087 417,000 2,087 - - 益金 - - 4,532 50,000 8,704 100,000 13,236 152,233 150,000 2,233 - - 金 - - 8,919 123,674 28,466 400,000 37,385 525,660 523,674 1,986 - - 不金 - - - - 20,000 200,000 20,000 202,000 200,000 2,000 - - 金復金 - - 52,569 650,000 25,825 324,000 70,470 884,000 874,902 9,098 7,924 99,098 益益金 - - 13,376 152,550 - - 13,376 154,691 152,550 2,141 - - 金 - - 38,650 460,818 - - 20,000 240,338 232,589 7,749 18,650 216,895 - - 144,720 4,648,679 - (12,692) 12,640 385,958 385,489 469 132,080 4,250,498 - - - - 150,000 1,574,083 - - - - 150,000 1,574,083 - - - - 30,000 274,133 29,900 298,103 273,158 24,945 100 975 - - - - 4,100 26,024 - - - - 4,100 26,024 - - - - 30,000 300,000 - - - - 30,000 300,000-90 -

類列易金金益金益益金 - - 12,456 $ 13,7091 - $ - 12,456 $ 142,168 $ 137,091 $ 5,077 - $ - 金 - - 20,486 290,000 32,150 460,000 33,037 630,887 629,523 1,364 19,599 120,477 福金 - - 1,425 228,000 - - 1,425 228,365 228,000 365 - - 金 - - 26,180 403,000 16,670 260,000 42,850 665,818 663,000 2,818 - - 祥金 - - 15,708 162,000 - - 15,708 162,314 162,000 314 - - - - - 441,659 5,697,853 - - - - 441,659 5,697,853 - - 159,900 1,558,283 - - - - 159,900 1,558,283 參金聯柳逸 - - - 33,057 1,503,596 - - - - 33,057 1,503,596 益福金 - - - - 740 120,000 - - - - 740 120,000 樂益益金 - - - - 4,324 50,000 - - - - 4,324 50,000 北益金 - - - - 4,162 60,000 - - - - 4,162 60,000 益列益列益利 - 91 -

金年度易易易不 ( ) 易金率率益 ( $ 878,269 ) ( 10.04) - - $ 203,490 21 1 2 1,294,739 15.28 - - ( 595 ) - 1 ( 128,699 ) (10.24) - - 1,784 - 益 ( 569,318 ) (45.32) - - - - ( 25,088 ) (2.00) - - - - ( 203,882 ) (39.06) - - 111,382 40 樂 ( 111,330 ) (21.33) - - 58,448 21 樂 ( 143,145 ) (13.81) 90 - - - - ( 243,171 ) (23.96) 90 - - - - 聯 ( 116,230 ) (11.21) 90 - - - - ( 105,375 ) (10.16) 90 - - - - 203,882 32.00 90 3 3 - - 203,882 32.00 90 3 3 ( 107,038 ) ( 87 ) 樂 111,330 2.57 90 3 3 - - 111,330 2.57 90 3 3 ( 58,448 ) ( 78 ) 1 行 2 23,004 3 理 - 92 -

年度六列易列金率金理金益 1.66 $ - - $ - $ - $ 203,490 2 - - - - - 北林鳯 1 年 2 23,004 1,725 107,038 4,344 5,970 100,279 16,133 168,545 9,181 119,862 5,917 108,735 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 93 -

年度金列數率金益益北行 $ 29,633,009 $ 29,633,009 900,353 18.22 $ 31,413,242 $ 16,236,698 $ 1,906,504 北 ( 25,320) 799,999 14,532 66.67 ( 705,825) 41,691 173,377 北 17,500,000 17,500,000 1,750,000 100.00 19,202,273 1,056,549 1,056,454 北 6,000,000 6,000,000 703,980 100.00 7,789,453 489,174 489,130 TFN US Ltd. 14,950 14,950 430 100.00 12,140 ( 1,528) ( 1,528) TFN HK LIMITED 5,816 5,816 1,299 99.99 4,300 ( 451) ( 451) 北路 63,590 63,590 6,002 54.56 47,442 ( 16,489) 不料理北行 16,346,290 16,346,290 467,821 9.47 16,529,346 16,236,698 不北路 49,850-4,985 45.32 44,861 ( 16,489) 不料理數北零 1,000-100 100.00 1,000 - 不 KU 北行 4,034,293 4,419,782 132,080 2.67 4,250,498 16,236,698 不北 1,180 4,204 53 0.24 872 41,691 不北類 1,500,000-150,000 100.00 1,574,083 74,745 不北零 26,842-100 0.06 975 ( 40,742) 不理北 41,000-4,100 82 26,024 ( 18,263) 不 300,000-30,000-300,000 - 不北理 5,683,820-441,659 70.60 5,697,853 202,704 不 - 94 -

( ) 金列數率金益益樂 $ 1,616,824 $ 1,616,824 20,000 100.00 $ 1,822,294 $ 66,549 不 661,781 661,781 6,030 30.15 695,048 3,043 不林 397,703 397,703 6,248 29.53 508,264 24,806 不北 399,193 399,193 21,160 100.00 529,483 15,482 不 1,229,257 1,229,257 29,415 70.00 1,835,199 156,641 不 831,934 768,664 51,337 91.67 1,152,385 67,316 不聯蘭 288,017 280,000 8,568 20.40 291,724 42,532 不零 1,599,000-159,900 99.94 1,558,283 ( 40,742) 不理聯蘭 1,574,200-33,057 78.71 1,503,596 42,532 不歷金 - 95 -

陸年度年年年年益益金流量理見行理不列金露理見理見行年年狀年年金流量年力列年度金年理林盧理六 0920123784 理六 0920123784 年 - 96 -

年年年年年年金金益金金流流 1100 金金 $ 3,227,082 3 $ 2,604,468 3 2100 $ - - $ 1,800,000 2 1110 6,331,738 6 11,943,796 13 2120 284,299-34,568-1120 61,072-18,718-2130 934-180 - 1130 7,064 - - - 2140 1,686,006 2 2,300,153 3 1140 765,075 1 543,188 1 2150 40,115-74,647-1150 296,734-478,232-2160 203,682-259,153-1160 493,324 1 645,467 1 2170 669,600 1 653,371 1 1180 ) 8,754-73,040-2190 560-4,877-120X 六 43,805-505,793-2210 218,754-346,166-1240XX 529,387 1 292,927-2264YY 147,281-4,696,357 5 2264XX ( 495,856 ) - ( 223,686 ) - 1240YY ( 31,099 ) - ( 3,728,998 ) ( 4 ) 1250 216,801-174,281-2260 669,854 1 249,651-1260 182,436-182,064-2270 年 1286 34,262-20,113-311,127 - - - 1298 流 30,898-23,407-2298 流 327,444 1 416,645 1 11XX 流 11,732,576 12 17,281,808 18 21XX 流 4,528,557 5 7,106,770 8 金 2420 21,530,000 22 15,000,000 16 142101 益 51,799,229 53 52,548,781 56 24XX 21,530,000 22 15,000,000 16 142102 3,352,350 3 3,384,317 3 14XX 金 55,151,579 56 55,933,098 59 2810 金 129,927-87,446-2820 金 181,432-242,755-2880 19,744 - - - 1501 1,646,481 2 1,512,150 2 28XX 331,103-330,201-1521 1,426,760 1 1,278,719 2 1544 24,442,057 25 18,613,331 20 2XXX 26,389,660 27 22,436,971 24 1551 57,624-10,368-1561 335,671-229,785 - 益六 1631 良 925,832 1 333,696-3110 10 1681 131,917-7,758-15,000,000 行年 15X1 28,966,342 29 21,985,807 24 6,454,000 64,540,000 66 64,540,000 69 15X9 累 ( 7,257,022 ) ( 7 ) ( 3,630,297 ) ( 4 ) 1599 累 ( 155,232 ) - - - 3260 1,318,682 1 1,083,175 1 1670 419,463-1,184,063 1 留 15XX 21,973,551 22 19,539,573 21 3310 982,525 1 619,336 1 3350 2,837,500 3 5,201,074 5 益 1710 6,021-3,165-3420 累數 461 - ( 1,552 ) - 1760 7,593,965 8 - - 3430 列金 ( 606 ) - - - 1770 金 15,259 - - - 3510 ( 3,200 ) - ( 3,200 ) - 1780 19,910-21,209 - 益 69,675,362 71 71,438,833 76 17XX 7,635,155 8 24,374-3610 數 1,886,812 2 435,220-1800 488,053 1 481,582 1 3XXX 益 71,562,174 73 71,874,053 76 1810 215,854-441,910 1 1820 金 89,327-89,321-1830 348,447 1 140,868-1840 - - 1,614-1860 54,905-35,067-1880 262,387-341,809-18XX 1,458,973 2 1,532,171 2 1XXX $ 97,951,834 100 $ 94,311,024 100 益 $ 97,951,834 100 $ 94,311,024 100 參年理 - 97 -

益年年年度年度金金 4110 $ 380,642 3 $ 270,830 2 4170 4,912-1,927-4190 35-49 - 4310 8,320,237 57 7,980,559 66 4520 947,391 6 673,667 6 4610 勞 3,330,249 23 363,454 3 4800 1,639,299 11 2,715,735 23 4000 14,612,871 100 12,002,269 100 5110 419,973 3 250,294 2 5310 7,735,261 53 6,497,853 54 5520 607,071 4 335,073 3 5610 勞 1,705,483 12 462,157 4 5800 383,722 2 227,316 2 5000 10,851,510 74 7,772,693 65 5910 利 3,761,361 26 4,229,576 35 6100 1,269,799 9 1,261,541 10 6200 理 1,335,815 9 708,314 6 6000 2,605,614 18 1,969,855 16 6900 利 1,155,747 8 2,259,721 19 利益 7110 利 41,247-23,822-7121 益列益 1,875,574 13 2,082,462 17-98 -

年度年度金金 7122 利 $ 1,400 - $ - - 7130 利益 4,144-6,718-7140 利益 226,997 2 321,349 3 7160 利益 - - 82,115 1 7210 金 42,872-36,242-7480 什六 216,092 2 117,890 1 7100 利益 2,408,326 17 2,670,598 22 7510 利 467,565 3 110,908 1 7522 16,000-16,681-7530 88,886 1 188,470 2 7550 49 - - - 7560 3,292 - - - 7570 3,298-16,821-7580 31,291-17,250-7620 - - 324,820 3 7630 798,371 6 - - 7880 什 51,534-143,197 1 7500 1,460,286 10 818,147 7 7900 利 2,103,787 15 4,112,172 34 8110 ( 394,573 ) ( 3 ) ( 400,961 ) ( 3 ) 9600 益 $1,709,214 12 $ 3,711,211 31-99 -

年度年度金金 9601 $1,488,112 10 $3,631,892 30 9602 數 221,102 2 79,319 1 $1,709,214 12 $ 3,711,211 31 9750 9740AA 數 $ 0.33 $ 0.26 $ 0.50 $ 0.45 9750 $ 0.23 $ 0.44 參年理 - 100 -

益年年利留益列金累數數年 $ 92,200,000 $ 151,781 $ 430,579 $ 1,893,844 $ 2,324,423 $ 29,162 $ - ( $ 11,201 ) $ 2,248,195 $ 96,942,360 年度 - - 188,757 ( 188,757 ) - - - - - - 勞 - - - ( 50,964 ) ( 50,964 ) - - - - ( 50,964 ) 利金 - - - ( 84,941 ) ( 84,941 ) - - - - ( 84,941 ) 92,200,000 151,781 619,336 1,569,182 2,188,518 29,162 - ( 11,201 ) 2,248,195 96,806,455 ( 27,660,000 ) - - - - - - - - ( 27,660,000 ) 年度益 - - - 3,631,892 3,631,892 - - - 79,319 3,711,211 例數 - 931,394 - - - - - - - 931,394 累數 - - - - - ( 30,714 ) - - - ( 30,714 ) 數數 - - - - - - - - ( 1,892,294 ) ( 1,892,294 ) 列 - - - - - - - 8,001-8,001 年 64,540,000 1,083,175 619,336 5,201,074 5,820,410 ( 1,552 ) - ( 3,200 ) 435,220 71,874,053 年度 - - 363,189 ( 363,189 ) - - - - - - 勞 - - - ( 98,061 ) ( 98,061 ) - - - - ( 98,061 ) 利金 - - - ( 163,436 ) ( 163,436 ) - - - - ( 163,436 ) 利金 0.5 - - - ( 3,227,000 ) ( 3,227,000 ) - - - - ( 3,227,000 ) 64,540,000 1,083,175 982,525 1,349,388 2,331,913 ( 1,552 ) - ( 3,200 ) 435,220 68,385,556 年度益 - - - 1,488,112 1,488,112 - - - 221,102 1,709,214 數 - - - - - - - - 102 102 年度 - - - - - - - - 1,822,556 1,822,556 數數 - - - - - - - - ( 592,168 ) ( 592,168 ) 例數 - 235,507 - - - - - - - 235,507 累數 - - - - - 2,013 - - - 2,013 列金 - - - - - - ( 606 ) - - ( 606 ) 年 $ 64,540,000 $ 1,318,682 $ 982,525 $ 2,837,500 $ 3,820,025 $ 461 ( $ 606 ) ( $ 3,200 ) $ 1,886,812 $ 71,562,174 參年理 - 101 -

金流量年年年度年度金流量益 $ 1,709,214 $ 3,711,211 列 54,009 ( 13,875 ) 2,577,398 1,673,241 513,713 65,509 列 3,026 5,570 益列益 ( 3,214,228 ) ( 3,587,543 ) 益金利 3,741,417 3,700,405 31,967 17,905-3,789 利益 ( 469 ) ( 71,087 ) 105,028 183,269 3,347 16,821-317,310 798,371 - 勞 ( 65,374 ) - 累數列利益 - ( 16,376 ) ( 34,294 ) 206,554 ( 42,431 ) ( 2,226 ) ( 7,297 ) 354 ( 271,343 ) 24,285 181,498 511,932 258,481 39,039 4,404 ( 67,404 ) 463,072 ( 47,130 ) 3,461,439 ( 654,058 ) ( 41,731 ) ( 120,575 ) ( 373 ) 342,011 流 ( 4,677 ) ( 3,437 ) - 102 -

年度年度 $ - $ 13,381 252,316 ( 110,898 ) ( 544 ) 539,004 ( 614,110 ) ( 1,490,515 ) ( 34,533 ) ( 14,761 ) ( 57,121 ) 193,400 18,889 ( 236,999 ) ( 4,317 ) 2,022 ( 106,600 ) ( 49,413 ) ( 4,276,906 ) 2,822,118 415,026 43,273 流 ( 88,886 ) ( 324,998 ) 金 42,481 ( 33,325 ) 金流 5,769,862 7,587,783 金流量 25,375 35,000 5,612,058 4,506,318 金流 29,032 - ( 1,000 ) ( 34,359 ) 385,958 986,101-323,638 113,782 247,092 ( 3,463,402 ) ( 1,656,842 ) ( 7,594,175 ) - 金 ( 6 ) 13,925 ( 255,902 ) ( 57,429 ) - 1,734-61,292 金流 ( 5,148,280 ) 4,426,470 金流量 ( 1,800,000 ) 1,800,000 6,841,127 15,000,000 金 ( 62,941 ) 66,368-103 -

年度年度數 $ 1,400,408 ( $ 1,636,294 ) 數利 ( 169,332 ) ( 260,000 ) 金利 ( 3,227,000 ) - 勞 ( 32,687 ) ( 50,964 ) 利 ( 175,429 ) ( 80,684 ) - ( 27,660,000 ) 金流 2,774,146 ( 12,821,574 ) 數 ( 2,773,114 ) - 年度金金數 622,614 ( 807,321 ) 年金金 2,604,468 3,411,789 年金金 $ 3,227,082 $ 2,604,468 金流量露利不利 $ 470,684 $ 108,573 $ 518,756 $ 68,814 不金流量年 $ 311,127 $ - 金金年度數 $ 3,335,822 $ 1,180,434 數 115 556,264 數 133,532 ( 70,153 ) 數 668 ( 9,703 ) ( 6,735 ) - 年度金數 $ 3,463,402 $ 1,656,842-104 -

露年金流 $ 30,317 727 35 $ 31,079 流 $ 17,198 1,628 $ 18,826 參年理 - 105 -

年度金令年立年六年錄 ( ) 類 ( ) 類 ( ) ( ) 料理 ( ) ( 六 ) 零 ( ) ( ) 年年數 1,815 1,290 說行金列理金不異說 - 106 -

( ) 年度例力易年度例若金不列列列金金列列率降金不年度 ( ) 列年度列列年度年年說 66.67% 66.67% 年立 100.00% 100.00% 年立 100.00% 100.00% 年立 - 107 -

年年說 TFN US Ltd. 100.00% 100.00% TFN US Ltd. 年立 TFN HK LIMITED 99.99% 99.99% TFN HK LIMITED. 年立路料理路料理 54.56% 54.56% 年立 45.32% - 年立 0.24% 0.24% 年立 82.00% - 年立零 0.06% - 年立類 100.00% - 年立理零 70.60% - 年立 99.94% - 年立聯聯 20.40% 20.04% 聯年六立 30.15% 30.15% 年立樂樂林林北北 100.00% 100.00% 樂年立 29.53% 29.53% 林年立 100.00% 100.00% 北年立 70.00% 70.00% 年立 91.67% 88.06% 年立聯聯 78.71% - 聯年六立 - 108 -

( ) 列 : ( ) 年度不理 ( ) 不理料不 ( 六 ) ( ) 令契 ( ) 說流流流年不流流流年不流流金金金列列金列若 - 109 -

金列流流若金金列流若金金列流力益益列益年列益益行利數不留益易益列易益益年年列理不力金利年度列年度利金利累數若利年度益累數金利數不不列益金列列益若列金若 - 110 -

復列益累更良列理列年度利列年數年年年年良年六年累益列年度利益來益年數列年聯年列行若不列 - 111 -

益金量列若金列利益不列列金金理金理金精金金勞金例年行勞勞金例金度留例年例勞金率不勞六列理異年度數列列金異數列類流流流流列理年度年度列年度易易易率金不率利益列年度益年 - 112 -

率列年度益益列率年率益年度率益歷率例列數列益累數金易易利率金錄利率利率金利利列 ( ) 利列列易量數量量年異不易量不利率 ( ) 若年列例列利益列利益年度列年度理 1. 理 2. 履行度理 3. 理理年理益金金 - 113 -

列 798,371 列金 $ 139,572 494,380 金 164,419 益 - $ 798,371 北樓年數金路金易金說 ( ) 量量度 ( ) 路例理參年度 ( ) 率金率 4.63% 金金年年 $ 718,091 $ 800,000 684,094 382,717 1,443,384 1,259,864 行 377,156 158,768 金 4,357 3,119 $ 3,227,082 $ 2,604,468-114 -

年年 $ 2,341,097 $ 2,358,632 金 3,498,341 8,766,164 492,300 819,000 6,331,738 11,943,796 - - $ 6,331,738 $11,943,796 $ 6,662,528 $12,902,625 金金參六年年料 $ - $ 410,069 74,048 122,670 74,048 532,739 ( 30,243) ( 26,946) $ 43,805 $ 505,793 年年金 114,950 52,075 年年 $ 529,387 $ 292,927 ( 495,856) ( 223,686) $ 33,531 $ 69,241 若金金年列年度例益列 $ 857,806 $895,051 25.62~ 85.86 $ 529,387 $ 495,856($ 37,416) 例 - 115 -

年列年度例益列 $ 969,429 $ 915,249 1.06~ 88.10 $ 292,927 $ 23,686 $ 15,385 例年年金例金例益 $ 51,798,229 30.36 $ 52,474,028 31.18 數 1,000 100.00 - - - - 56,957 54.56 TFN US LTD. $ - - $ 13,229 100.00 TFN HK LIMITED - - 4,567 99.99 51,799,229 52,548,781 路 2,766,000 5.53 2,766,000 5.53 路 500,000-500,000 - 北路 56,900 6.66 88,867 6.66 聯 29,450 7.40 29,450 7.40 3,352,350 3,384,317 $ 55,151,579 $ 55,933,098 益年度力益益列年不力益年立數金 1,000 例 100% 年度 385,958 12,639,515 利益 469-116 -

年行利年 400,000 行 40,000,000 金年例 20% 金 80,000 年 89,172 數 2,932 年 365,000 行 36,500,000 金年例 28.43% 金 103,791 年 75,971 數 17,610 精精年 300,000 行 30,000,000 金年精例 20% 金 60,000 年 49,172 數利益 4,768 年 59,820 74,775 易易數利益 14,134 19,566 Taiwan Telecom (Aust) Pty Ltd (TTA) 年度年度例 (40%) 35,352 列 2,672 TTA 年 - 117 -

益路 793,659 例 31.75% 年 2,509 1,117 北路列年度例列 16,000 15,967 年度列年累列 43,100 列年度例累列 12,000 數數年臨 54,025 4,025 年度 50,000 金金 2,500 10 數例 (60%) 金 30,000 1,500 例 60% 數 2,760,000 數年臨聯聯行數數聯零六六六六例聯例 7.40% 數 1,839,816 益年度 TFN US Ltd. TFN HK LIMITED 30,000 50,000 行列益列益 - 118 -

年度年度 $ 3,214,228 $ 3,622,622 1,129 - 精 - 10,106-2,984-1,659 數 - 46 TFN US Ltd. - ( 26) 路 - ( 140) TFN HK LIMITED - ( 221) 易 - ( 5,074) Taiwan Telecom (Aust) Pty Ltd - ( 29,180) - ( 15,233) $ 3,215,357 $ 3,587,543 年度列益列益 1,339,783 1,508,323 (89) 085 益列累年年 $ 149,778 $ 93,328 6,330,476 3,151,296 36,321 5,910 206,472 146,229 良 490,369 230,851 43,606 2,683 $ 7,257,022 $ 3,630,297 年度 2,566,326 1,655,309 年年金 10,851,429 13,295,888 理金流金年 - 119 -

7,593,965 金列金 ( ) 量數 ( ) 來年度金理率 ( ) 金率金率 2.88%~ 4.89% ( ) 年年 $ 205,674 $ 205,674 982,248 708,912 累 ( 234,892) ( 148,578) 累 ( 494,380) - ( 242,796) ( 324,098) $ 215,854 $ 441,910 路列 ( ) 1. 年年列 242,671 321,740 2. 年度落金 20,069 累金 353 19,716-120 -

行年度利率 1.63%~ 1.8319% 年度年年 $ 147,281 $ 4,696,357 ( 31,099) ( 3,728,998) $ 116,182 $ 967,359 若金金列年列年度例益列 $ 1,018,871 $ 1,071,764 7.99~ 54.09 $ 9,306 $ 122,541 ($ 55,191) 例 28,090 26,584 21,793 24,740 - $ 31,099 $ 147,281 ($ 55,191) 年列年度例益列 $ 6,864,743 $ 6,300,415 8.52~ 66.55 $3,728,998 $ 4,696,357 $ 304,623 例年年 $12,500,000 $12,500,000 9,340,000 2,500,000 1,127 - 年 ( 311,127) - $21,530,000 $15,000,000 ( ) 行年六年年年度利率 1.9516%~ 2.2242% 利 - 121 -

( ) 1. 行年六年年年度利率 1.8989%~ 2.1716% 年度行聯行 150 聯年金六金利 2. 行北行聯行年度 70 年聯金利率 Moneyline Telerate 51328 306090 180 利率 0.65% ~ 1.5% 年樂 4,500,000 2,020,000 320,000 年年聯行 84,000 列年年參 ( ) 福車年年 48 金勞金例年行若年六勞金例金度留例行年勞金年勞金例 - 122 -

勞金年 2%~ 6% 金勞金年 118,573 金露 ( ) 金年度年度 $ 24,982 $ 24,528 利 5,885 1,614 金 ( 2,544) ( 1,279) 金益 ( 565) ( 410) 數 ( 121) ( 1,519) 益 - ( 1,905) 金 $ 27,637 $ 21,029 ( ) 金狀金年年 ($ 2,863) $ - ( 128,342) ( 68,691) 累 ( 131,205) ( 68,691) 來數 ( 70,967) ( 49,556) ( 202,172) ( 118,247) 金 118,601 60,105 狀 ( 83,571) ( 58,142) 列 12,065 - 列 34,827 27,021 列金益 ( 76,224) ( 54,815) 列金 ( 7,474) - 金 ($ 120,377) ($ 85,936) - 123 -

( ) 金精年度年度率 2.5%~3.5% 3% 來率 2%~3% 2.5%~3% 金率 2.5%~3.5% 3% 年勞金例例六勞金年度列金 30,640 六益 ( ) 150,000,000 92,200,000 數 10 金更益率年六 27,660,000 年六行金理 0930129705 年 64,540,000 數 10 ( ) 令不金行行易例 ( ) 年度年度若列 1. 勞金 2. 利 - 124 -

3. 年度年度年六年六年度利利年度年度年度年度 $ 363,189 $ 188,757 勞 98,061 50,964 利金 163,436 84,941 利金 3,227,000 - $ 0.50 $ - $ 3,851,686 $ 324,662 領年度勞 65,374 列年度列利益什若利勞年度列年度 0.44 0.41 0.21 0.19 年六更年度年度列 1. 零勞 2. 利 3. 利年度年度易 - 125 -

( ) 利益率年度年度年度利益率 25% $ 556,046 $ 1,107,382 數異益列益 ( 406,096) ( 902,738) ( 3,567) ( 108,776) 異 155,276 ( 67,019) 10% 55,374 302,641 ( 7,659) ( 139,582) 年度 $ 349,374 $ 191,908 ( ) 年度年度年度 $ 349,374 $ 191,908 16,148 206,554 離 1,655 1,530 年度 27,396 969 $ 394,573 $ 400,961 ( ) 年年福利年 $ 13,000 $ 18,000 金 8,280 15,385 1,669,346 1,564,894 193,020-14,384 - 聯利益 16,293-11,291-16,316-12,229 5,850 23 26,868 91,396 80,623 金 ( 1,958,376) ( 1,658,712) $ 87,202 $ 52,908-126 -

年年流 $ 39,833 $ 27,255 流 2,004,541 1,686,637 流 ( 3,425) ( 2,272) 金 ( 1,953,747) ( 1,658,712) $ 87,202 $ 52,908 ( ) 例理列年年年度數數累數數年度年度 $ 188,210 $ - $ 142,070 $ 46,140 年度 471,753 - - 471,753 年度 760,471 - - 760,471 六年度 303,773 9,366 16,966 286,807 年度 117,092 12,917 12,917 104,175 $1,841,299 $ 22,283 $ 171,953 $1,669,346 ( ) 兩年年 $ 504,493 $ 750,800 $ 123,567 $ 140,010 $ 278 $ 221,975 $ 53,037 $ 67,839 $ - $ - $ 209 $ 209 $ 40 $ - $ 330,079 $ 142,659 $ 11 $ - 聯 $ 8,711 $ 21,781 $ 203 $ 5,958-127 -

年年樂 $ 6,856 $ 20,558 林 $ 7,855 $ 9,580 北 $ 6,245 $ 8,714 $ 34,196 $ 27,268 $ 19,253 $ 1,115 年六年度年累年度率年度年度 17.78% 33.08% 36.29% 33.97% 0.03% 31.10% 10.83% 5.88% - - - - 23.58% - - - - - 聯 24.59% 31.41% 6.67% 11.31% 樂 24.35% 33.33% 林 33.40% 33.39% 北 33.43% 33.47% 33.33% 33.57% 33.33% - 利年度率不 - 128 -

( 六 ) 利年度年度年度 - - - 聯樂林北 1. 年度利年復 2. 年度利不 30,290 行復數金年度年度流 6,454,000 ( 2,800) 益 $ 1,488,112 6,451,200 $ 0.23-129 -

數金年度年度流 8,182,750 ( 3,550) 益 $ 3,631,892 8,179,200 $ 0.44 年度年度 $ 384,708 $ 957,162 $1,341,870 $ 361,582 $ 823,735 $1,185,317 勞 29,685 55,872 85,557 26,004 44,689 70,693 金 17,478 36,461 53,939 4,690 14,929 19,619 17,608 46,849 64,457 10,288 26,547 36,835 449,479 1,096,344 1,545,823 402,564 909,900 1,312,464 2,413,569 152,757 2,566,326 1,518,658 131,543 1,650,201 53,798 50,555 104,353 19,364 21,542 40,906 $2,916,846 $1,299,656 $4,216,502 $1,940,586 $1,062,985 $3,003,571 易 ( ) 數年六數年益 Taiwan Telecom (Aust) Pty Ltd. 益年年六精年六 - 130 -

年年年年年年年福年年六 Supreme-Tech (Aust) Pty Ltd 年理年理年 TT&T Holdings CO., Ltd 年年北行行金理年年 - 131 -

金理理理聯見聯聯年聯年立年立理益柳逸易年 ( ) 易易說行理 - 132 -

1. 年度年度金金 $ 1,447,587 10 $ 1,353,757 11 89,483 1 115,350 1 61,904 - - - 52,163-53,169 - 聯 37,115 - - - 15,919 - - - 行 15,382 - - - 北行 11,262 - - - 30,456-21,452 - $ 1,761,271 $ 1,543,728 勞 (1) 年年年 4,126,187 例列益 (2) 年年年 197,719 例列益 (3) 理易易 2.(1) 年度年度金金 $ 38,014 10 $ - - 1,372-17,731 11 - - 19,841 12 - - 7,716 5 $ 39,386 $ 45,288-133 -

行理易 (2) 年度年度金金 $ 1,294,739 12 $ 951,773 12 123,808 1 - - 80,101 1 54,761 1 32,423-28,778-32,051 - - - 精 - - 67,356 1 - - 24,917-11,835-6,031 - $ 1,574,957 $ 1,133,616 易 3. 易 (1) 年度易易金 $ 2,093,457 年度易易金精 $ 587 (2) 年度易易金利益 $ 107,155 $ 3,969 年度易易金利益 $ 50,452 $ 2,339 (3) 29,900-134 -

金 298,103 列利益 24,944 利益 (4) 柳逸 1,470 45,952 4. (1) 金年度年度 $ 26,341 $ 22,179 車 2,779 93 $ 29,120 $ 22,272 (2) 金年度年度 $ 25,679 $ 18,938 2,672 450 $ 28,351 $ 19,388 行理金 5. 行年年金金 (1) 行北行 $ 468,668 15 $ 351,005 13 (2) 列流北行 $ 17,815 58 $ 15,000 64 (3) 北行 $ - - $ 600,000 3 (4) 北行 $ 2,500,000 11 $ 2,500,000 15-135 -

6. 年年金金 (1) $ 7,064 10 $ - - (2) $ 203,490 19 $ 330,389 33 30,896 3 126,731 13 13,391 1 - - 48,957 5 21,112 2 $ 296,734 $ 478,232 (3) $ 1,725 - $ 72,924 10 7,029 1 116 - $ 8,754 $ 73,040 (4) $ 934 - $ 180 1 (5) $ 24,195 1 $ 28,292 1 14,084 1 23,181 1 精 - - 16,500 1 1,836-6,674 - $ 40,115 $ 74,647 (6) $ 560 - $ 4,877 1 (7) $ 18,237 3 $ 17,559 3 15,688 3 30,240 5 - - 12,265 2 3,404 1 21,044 3 $ 37,329 $ 81,108 7. 年年金金 (1) $ - - $ 57,676 23 107-209 - $ 107 $ 57,885-136 -

年年金金 (2) $ - - $ 4,350,000 88 - - 211,500 4 $ - $ 4,561,500 8. 金年度年度 $ 10,907 $ - 3,819 17,363 $ 14,726 $ 17,363 9. 勞年度年度 $ 81,524 $ 179,922 精 - 59,822-22,501 8,155 4,953 $ 89,679 $ 267,198 10. 年度年度 $ - $ 16,776 2,162 4,326 $ 2,162 $ 21,102 11. 年度年度 $ 19,206 $ 16,399 53 478 $ 19,259 $ 16,877 12. 利年度年度北行 $ 50,575 $ 13,470 13. - 137 -

(1) 聯樂林北年年度連連金 6,100,000 年 (2) 年度行理聯說年年 $ 31,302 $ 19,970 66,830-231,241-5,121,182 6,452,051 162,085 55,937 金 - 12,000 $ 5,612,640 $ 6,539,958 行度履金年聯行行理聯度 7,000,000 數林 21,160 北 21,160 樂 20,000 20,000 51,337 20,286 聯 41,625 159,900 441,659-138 -

諾露 ( ) 年行來行例立 22,400,000 USD38,000 ( ) 年履行立金 3,410 ( ) 年立行金 2,358 221,021 ( ) 年狀 68,205 USD3,901 ( ) 聯樂林北年聯行北行行理聯度 7,000,000 度連年樂 4,500,000 2,020,000 320,000 ( 六 ) 年立年度金金金年度 $ 5,270 六年度 2,603 年度 1,955 年度 2,009 年度 1,218 $ 13,055-139 -

金年年金金 $ 4,979,330 $ 4,979,330 $ 4,475,841 $ 4,475,841 6,331,738 6,662,528 11,943,796 12,902,625 51,798,229 43,492,371 52,474,028 52,452,026 金 25,270,015 25,270,015 20,873,363 20,873,363 年年金利率 $ - $ 1,864 $ - $ - 金 ( ) 金類來金理金金 ( ) 參列 ( ) 金來金 ( ) 金流量利率利率 ( ) 金利率行料金金列列數不 - 140 -

露 ( ) 易金露 1-4 易 1. 金 2. 3. 4. 累金 5. 不金 6. 不金 7. 金 8. 六 9. 10. 易年六行利率利率利率利率利率易露 (1) 金金金利率利率利率 1.6000%~1.6300% $1,500,000-141 -

利率利率利率年度列 378 列利 (2) 利率易良行不 (3) 利率利率利率利不 (4) 流金流量來金不利率金流量利率金金不金金 (5) 金類略利率利率利率略金流量利率 ( ) 陸 ( ) 來易 ( ) 露 - 142 -

年度來 $ 8,732,913 $1,572,248 $ 3,145,849 $ 1,179,252 ( $ 17,391) $ 14,612,871 來 16,188 - - 211,256 ( 227,444) - $ 8,749,101 $1,572,248 $ 3,145,849 $ 1,390,508 ( $244,835) $ 14,612,871 益 ($ 1,359,549) $1,554,021 $ 615,784 $ 63,903 $281,588 $ 1,155,747 聯利益 - 利 41,247 益 1,875,574 491,505 ( 992,721) 利 ( 467,565) 利 $ 2,103,787 $26,912,112 $3,728,400 $11,825,446 $ 1,097,765 ( $763,468) $ 42,800,255 55,151,579 - $ 97,951,834 $ 2,111,920 $ - $ 457,750 $ 7,728 金 $ 2,886,067 $ - $ 446,315 $ 3,440 年度來 $ 8,210,649 $ 2,693,777 $ 1,097,843 $ - $ 12,002,269 來 11,466-1,262,079 ( 1,273,545) - $ 8,222,115 $ 2,693,777 $ 2,359,922 ($ 1,273,545) $ 12,002,269 益 ($ 784,935) $ 2,667,247 $ 363,654 $ 13,755 $ 2,259,721 聯利益 - 利 23,822 益 2,082,462 566,986 ( 709,911) 利 ( 110,908) 利 $ 4,112,172 $ 33,112,819 $ 4,921,253 $ 7,438,767 ($ 7,094,913) $ 38,377,926 55,933,098 - $ 94,311,024 $ 1,654,609 $ - $ 18,632 金 $ 1,179,947 $ - $ 487 ( ) ( ) - 143 -

( ) 年度年度金金 $ 1,447,587 10 $ 1,353,757 11-144 -

金年度金來利率金來金金列金金金 1 樂 2 聯 3 北 4 林 5 6 7 $ 75,000 $ - 7.00 來 $ 111,330 - $ - - - $12,511,576 1 $12,511,576 1 50,000-6.00 來 116,230 - - - - $12,000,000 $12,000,000 1 1 172,000 100,000 3 128,000 93,000 3 222,000 150,000 3 3.28~7.20 來 44,202 - - - - 12,000,000 2 3.28~7.20 來 9,541 - - - - 12,000,000 2 3.28~7.20 來 105,375 - - - - 12,000,000 1 73,000-7.20 來 276,533 - - - - 12,000,000 1 107,700 107,700 3 12,000,000 2 12,000,000 2 12,000,000 1 12,000,000 1 3.28~7.20 來 15,091 - - - - $ 12,000,000 $ 12,000,000 1 1 1 金金來不數來金兩 2 金金來不數來金兩金不 40% 金不 40% 3 數 - 145 -

年類行列金例益金 - 19,909 $ 302,440 - $ 310,319 2 金復金 - 7,924 99,098-100,006 2 祥金 - 36,210 460,273-467,693 2 祥金 - 28,719 296,284-300,383 2 益 4,923 492,300-633,836 4 益 900,353 31,018,385 18.22 26,101,227 3 8 1,750,000 19,202,273 100.00 19,202,368 7 703,980 7,789,453 100.00 7,789,497 7 14,532 ( 705,825) 66.67 239,960 7 9 TFN US Ltd. 430 12,140 100.00 12,140 5 7 TFN HK LIMITED 1,299 4,300 99.99 4,300 5 7 路 - 276,600 2,766,000 5.53 2,229,541 5 益金 - 18,650 216,895-225,208 2-148 -

類行列金例 2,800 $ 4,800 0.04 $ 27,870 7 北路 - 5,000 50,000 3.33 28,063 5-1,200 12,000 12.00-6 6,002 47,442 54.56 45,498 7 益金 - 33,334 513,051-522,465 2 金 - 18,151 257,031-260,885 2 金 - 324 3,836-3,910 2 益金 - 6,824 74,806-78,918 2 福金 - 1,877 300,000-304,599 2 金 53,293 1,440,677 0.70 1,479,410 3 數 100 1,000 100.00 1,000 益 467,821 16,529,346 9.47 13,562,144 3 4,985 44,861 45.32 37,793 7 北路 - 5,000 28,450 3.33 28,063 5 聯 - 1,840 29,450 7.40 18,804 5 益金 - 19,599 120,477-120,990 2-149 -

類行列金例金 35,946 $ 900,420 0.45 $ 997,859 3 益 132,080 4,250,498 2.67 3,829,000 3 益 53 872 0.24 879 7 150,000 1,574,083 100.00 1,574,083 7 100 975 0.06 975 7 4,100 26,024 82.00 26,024 7 30,000 300,000 - - 路 - 50,000 500,000 - - 益復金 - 3,803 50,000-50,013 2 聯 33,057 1,503,596 78.71 382,961 7 益福金 - 370 60,000-60,000 2 金 - 3,570 53,000-53,000 2 441,659 5,697,853 70.60 4,088,176 7-150 -

類行列金例益祥金 - 2,868 $ 30,000 0.14 $ 30,003 2 祥金 - 3,872 50,000 0.20 50,005 2 樂 20,000 1,822,294 100.00 297,874 7 6,030 695,048 30.15 208,162 7 林 6,248 508,264 29.53 245,111 7 北 21,160 529,483 100.00 237,655 7 29,415 1,835,199 70.00 422,135 7 聯 8,568 291,724 20.40 99,263 7 51,337 1,152,385 91.67 535,056 7 159,900 1,558,283 99.94 1,558,283 7 聯益金 - 3,598 50,000-50,013 2 祥金 - 4,781 50,000-50,011 2 樂益益金 - 4,234 50,000-50,014 2 益 - 金 - 5,757 80,000-80,021 2 益 - 福金 - 740 120,000-120,033 2 林益 - 復金 - 1,749 23,000-23,006 2-151 -

類行列金例北益 - 金 - 4,162 $ 60,000 - $ 60,017 2 益 - 羅金 - 2,348 27,000-27,008 2 益 - 金 - 418 6,000-6,124 2 金 - 604 7,051-7,292 2 益金 - 899 10,099-10,395 2 益金 - 141 2,000-2,065 2 金 - 416 6,000-6,111 2 金 - 375 5,000-5,206 2 金 - 1,000 10,000-10,530 2 精金 - 452 5,000-5,051 2 1 說 2 年金 3 年 4 參 5 行金 6 料 7 數 8 金 9 易利益金數列 - 152 -

累金年度類列易金金益金 - - 8,190 $ 819,000 - $ - 3,267 $ 460,711 $ 326,700 $ 134,011 4,923 $ 492,300 益金 - - 62,664 880,000 40,276 576,000 102,940 1,469,059 1,456,000 13,059 - - - - 30,013 353,735 - - 30,013 358,544 353,735 4,809 - - 金金復 - - - - 30,193 350,000 30,193 350,550 350,000 550 - - 金金 - - 18,972 276,032 - - 18,972 283,084 276,032 7,052 - - 金 - - 43,570 670,535 38,469 600,000 82,039 1,277,343 1,270,535 6,808 - - 金 - - 18,630 275,459 - - 18,630 280,976 275,459 5,517 - - 福 - - 4,116 651,519 3,097 500,000 7,213 1,162,706 1,151,519 11,187 - - 金聯金 - - 39,532 500,000 17,171 220,002 20,493 263,025 259,729 3,296 36,210 460,273 利金 - - 53,681 551,903 19,300 200,000 44,262 460,039 455,619 4,420 28,719 296,284 利金 - - 17,844 251,991 - - 17,844 255,643 251,991 3,652 - - 金 - - - - 28,182 417,000 28,182 419,087 417,000 2,087 - - 益金 - - 4,532 50,000 8,704 100,000 13,236 152,233 150,000 2,233 - - 金 - - 8,919 123,674 28,466 400,000 37,385 525,660 523,674 1,986 - - 不 - - - - 20,000 200,000 20,000 202,000 200,000 2,000 - - 金金復金 - - 52,569 650,000 25,825 324,000 70,470 884,000 874,902 9,098 7,924 99,098 益益金 - - 13,376 152,550 - - 13,376 154,691 152,550 2,141 - - 金 - - 38,650 460,818 - - 20,000 240,338 232,589 7,749 18,650 216,895 - - 144,720 4,648,679 - (12,692) 12,640 385,958 385,489 469 132,080 4,250,498 1 - - - - 150,000 1,574,083 - - - - 150,000 1,574,083 2 - - - - 30,000 274,133 29,900 298,103 273,158 24,945 100 975 2 - - - - 4,100 26,024 - - - - 4,100 26,024 2 - - - - 30,000 300,000 - - - - 30,000 300,000-153 -

類列易金金益金益益金 - - 12,456 $ 13,7091 - $ - 12,456 $ 142,168 $ 137,091 $ 5,077 - $ - 金 - - 20,486 290,000 32,150 460,000 33,037 630,887 629,523 1,364 19,599 120,477 福 - - 1,425 228,000 - - 1,425 228,365 228,000 365 - - 金金 - - 26,180 403,000 16,670 260,000 42,850 665,818 663,000 2,818 - - 祥金 - - 15,708 162,000 - - 15,708 162,314 162,000 314 - - - - - 441,659 5,697,853 - - - - 441,659 5,697,853 2 - - 159,900 1,558,283 - - - - 159,900 1,588,283 2 參金聯柳逸 - - - 33,057 1,503,596 - - - - 33,057 1,503,596 2 益福 - - - - 740 120,000 - - - - 740 120,000 金樂益益金 - - - - 4,234 50,000 - - - - 4,234 50,000 北益金 - - - - 4,162 60,000 - - - - 4,162 60,000 1 益列益列利 2 數 - 154 -

金年度易易易不 ( ) 易金率率益 ( $ 878,269 ) ( 10.04) - - $ 203,490 21 1 2 1 1,294,739 15.28 - - ( 595) - ( 128,699 ) (10.24) - - 1,784-4 益 ( 569,318 ) (45.32) - - - - ( 25,088 ) (2.00) - - - - ( 203,882 ) (39.06) - - 111,382 40 4 樂 ( 111,330 ) (21.33) - - 58,448 21 4 樂 ( 143,145 ) (13.81) 90 - - - - 4 ( 243,171 ) (23.96) 90 - - - - 4 聯 ( 116,230 ) (11.21) 90 - - - - 4 ( 105,375 ) (10.16) 90 - - - - 4 203,882 32.00 90 3 3 - - 4 203,882 32.00 90 3 3 ( 107,038) ( 87 ) 4 樂 111,330 2.57 90 3 3 - - 4 111,330 2.57 90 3 3 ( 58,448) ( 78 ) 4 1 行 2 23,004 3 理 4 數 - 155 -

年度六列易列金率金理金益 1.66 $ - - $ - $ - $ 203,490 2 - - - - - 北林 1,725 5,970 3 100,279 3 16,133 3 168,545 3 9,181 3 119,862 3 5,917 3 108,735 3 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1 年 2 23,004 3 數 - 156 -

年度金列數率金益益北行 $ 29,633,009 $ 29,633,009 900,353 18.36 $ 31,413,242 $ 16,236,698 $ 1,906,504 北 ( 25,320) 799,999 14,532 66.67 ( 705,825) 41,691 173,377 2 1 北 17,500,000 17,500,000 1,750,000 100.00 19,202,273 1,056,549 1,056,454 2 北 6,000,000 6,000,000 703,980 100.00 7,789,453 489,174 489,130 2 TFN US Ltd. 14,950 14,950 430 100.00 12,140 ( 1,528) ( 1,528) 2 TFN HK LIMITED 5,816 5,816 1,299 99.99 4,300 ( 451) ( 451) 2 北路 63,590 63,590 6,002 54.56 47,442 ( 16,489) 不 2 料理北行 16,346,290 16,346,290 467,821 9.47 16,529,346 16,236,698 不北路 49,850-4,985 45.32 44,861 ( 16,489) 不 2 料理數北零 1,000-100 100.00 1,000 - 不 KU 北行 4,034,293 4,419,782 132,080 2.67 4,250,498 16,236,698 不北 1,180 4,204 53 0.24 872 41,691 不 2 北類 1,500,000-150,000 100.00 1,574,083 74,745 不 2 北零 26,842-100 0.06 975 ( 40,742) 不 2 北 41,000-4,100 82 26,024 ( 18,263) 不 2 300,000-30,000-300,000 - 不北理 5,683,820-441,659 70.60 5,697,853 202,704 不 2-157 -

( ) 金列數率金益益樂 $ 1,616,824 $ 1,616,824 20,000 100.00 $ 1,822,294 $ 66,549 不 2 661,781 661,781 6,030 30.15 695,048 3,043 不 2 林 397,703 397,703 6,248 29.53 508,264 24,806 不 2 北 399,193 399,193 21,160 100.00 529,483 15,482 不 2 1,229,257 1,229,257 29,415 70.00 1,835,199 156,641 不 2 831,934 768,664 51,337 91.67 1,152,385 67,316 不 2 聯蘭 288,017 280,000 8,568 20.40 291,724 42,532 不 2 零 1,599,000-159,900 99.94 1,558,283 ( 40,742) 不 2 聯蘭 1,574,200-33,057 78.71 1,503,596 42,532 不 2 1 歷金 2 數 - 158 -

易來易易來易來易金易率 0 1 1,766 易 - 1 211,279 易 - 1 13,753 易 - 1 13,311 易 - 1 5,290 易 - 1 62,753 易 - 1 26,429 易 - 1 2 1,766 易 - 2 122,916 易 1 2 334,195 易 2 2 3 益 24,945 易 - 3 2 15,578 易 - 2 13,501 易 - 2 62,753 易 1 2 5,290 易 - 4 2 26,429 易 - 3 42,253 易 - 3 80,482 易 1 聯 3 48,421 易 - 聯 3 92,230 易 1-159 -

易易來易來易金易率樂 3 58,449 易 - 樂 3 111,330 易 1 北 3 15,636 易 - 北 3 29,783 易 - 3 107,038 易 - 3 4,344 易 - 3 2,618 易 - 3 1,288 易 - 3 203,882 易 1 3 1,227 易 - 5 3 16,133 易 - 3 150,000 易 - - 160 -

易易來易來易金易率 3 18,545 易 - 3 14,587 易 - 3 105,375 易 1 3 15,365 易 - 3 聯利益 4,376 易 - 3 10,520 易 - 北 3 5,970 易 - 北 3 100,000 易 - 北 3 279 易 - 北 3 10,133 易 - 北 3 38,516 易 - 北 3 5,686 易 - 北 3 聯利益 2,828 易 - - 161 -

易易來易來易金易率北 3 9,000 易 - 北 3 5,864 易 - 3 35,031 易 - 3 243,171 易 2 3 33,363 易 - 3 3,499 易 - 3 9,181 易 - 3 107,700 易 - 3 12,179 易 - 3 13,340 易 - 3 6,348 易 - 3 8,744 易 - 3 聯利益 14,553 易 - - 162 -

易易來易來易金易率 3 9,000 易 - 3 5,646 易 - 林 3 5,917 易 - 林 3 93,000 易 - 林 3 15,735 易 - 林 3 10,133 易 - 林 3 3,905 易 - 林 3 5,636 易 - 林 3 聯利益 2,828 易 - 林 3 9,000 易 - 林 3 6,200 易 - 樂 3 31,562 易 - 樂 3 16,979 易 - - 163 -

易易來易來易金易率樂 3 143,144 易 1 樂 3 30,059 易 - 樂 3 聯利益 5,821 易 - 樂 3 11,114 易 - 聯 3 116,230 易 1 聯 3 518 易 - 6 3 42,253 易 - 3 80,482 易 1 3 16,133 易 - 3 168,545 易 - 3 14,587 易 - 3 15,365 易 - 3 76,106 易 1-164 -

易易來易來易金易率 3 29,269 易 - 3 10,520 易 - 7 聯 3 48,421 易 - 3 92,230 易 1 3 92,230 易 1 3 24,000 易 - 3 518 易 - 8 樂 3 58,449 易 - 3 111,330 易 1 3 31,562 易 - 3 16,979 易 - 3 30,059 易 - 3 105,509 易 1 3 37,635 易 - - 165 -

易易來易來易金易率 3 11,114 易 - 9 北 3 15,636 易 - 3 29,783 易 - 3 5,970 易 - 3 100,279 易 - 3 10,133 易 - 3 5,686 易 - 3 17,955 易 - 3 20,561 易 - 3 5,864 易 - 3 9,000 易 - 10 3 2,618 易 - 3 1,288 易 - 3 107,038 易 - 3 4,344 易 - - 166 -

易易來易來易金易率 3 203,882 易 1 3 1,227 易 - 3 35,031 易 - 3 33,363 易 - 3 203,883 易 1 3 39,288 易 - 3 3,499 易 - 11 3 9,181 易 - 3 119,879 易 - 3 13,340 易 - 3 8,744 易 - 3 20,901 易 - 3 5,646 易 - 3 9,000 易 - - 167 -

易易來易來易金易率 12 林 3 5,917 易 - 3 108,735 易 - 3 10,133 易 - 3 5,636 易 - 3 6,733 易 - 3 6,200 易 - 3 9,000 易 - 1. 2. 3. - 168 -

年度易金易 $ 5,532 26,000 1,934,564 111,091 6,034 5,325,309 8,782 10,166 勞 1,300 327,629 金 4,848 70,951 4,307 79,027 9,271,351 30,470 10,025,369 1,057,938 946,354 理 13,317-169 -

年度年列狀 - 170 -

狀狀年度異 94 年度 93 年度金 % 流 5,351,694 10,384,639 (5,032,945) (48) 1 20,492,372 21,559,605 (1,067,233) (6) 1,045,310 1,144,201 (98,891) (10) 88,099,520 94,393,162 (6,293,642) (6) 流 2,492,058 7,706,155 (5,214,097) (68) 1 15,000,000 15,000,000 - - 18,424,158 22,954,329 (4,530,171) (20) 64,540,000 64,540,000 - - 1,318,682 1,083,175 235,507 22 2 留 3,820,025 5,820,410 (2,000,385) (34) 3 益 69,675,362 71,438,833 (1,763,471) (2) 1 流路 2 列例數 3 留金利 94 年度 93 年度 ( ) 金例 $8,749,101 $8,222,163 526,938 6 - (48) (48) (100) $ 8,749,101 $ 8,222,115 526,986 6 (8,472,364) (7,188,155) 1,284,209 18 利 276,737 1,033,960 (757,223) (73) (1,636,286) (1,818,895) (182,609) (10) (1,359,549) (784,935) (574,614) (73) 利益 4,048,891 5,278,718 (1,229,827) (23) (1,203,502) (663,668) 539,834 81 利 1,485,840 3,830,115 (2,344,275) (61) - 171 -

94 年度 93 年度 ( ) 金例利益 () 2,272 (198,223) 200,495 101 利 1,488,112 3,631,892 (2,143,780) (59) 1. 利 2. 理列 3. 10% 利路陸列率利參金流量年度金流量金 (1) 年來金流量 (2) 年金流量 (3) 金 ( 不 ) 數 (1) + (2) (3) 金不理 2,137,802 4,841,058 4,836,384 2,142,476 - - 金不流不來年金流金 (1) 年來金流量 (2) 年金流量 (3) 金 ( 不 ) 數 (1) + (2) (3) 金不理 2,142,476 1,795,033 2,402,700 1,534,809 - - 1. 金流量 (1) 年度金利金流 (2) 金流 (3) 金利 2. 金不流不 - 172 -

年度金來來金金 93 年度 94 年度 95 年度 96 年度 97 年度 98 年度 99 年度路路路路路路路金 93.12 1,912,719 1,912,719 " 94.12 6,758,412 6,758,412 " 95.12 712,627 712,627 " 96.12 1,036,770 1,036,770 " 97.12 999,988 999,988 " 98.12 711,012 711,012 " 99.12 625,440 625,440 益路數益年度利來年年度金 - 173 -

陸利率率益來 () 年度利率金金益 () 利率來來利率不利率降利率 () 路行率益金 () 不良 () 切利率率益金易利來 () 年度金易行理金 () 100% 行理金 () 利率利率利率易行理來 () 年度度量 1. 年度都路 WiMAX 路 VoIP 路 - 174 -

2. 年度說度都路 WiMAX 路路來路路利來路 VoIP 行路路行 VoIP 來 IP 路不理利理來路 95 年 95 年路 95 年 95 年 95 年 () 年度列 30,000 () 來 1. 累理量來更精力良 2. 度行了 3. 流兩年力流流行流來益律 95 年 3 1 (NCC) 立隸行立行理不益 95 年 5 路 - 175 -

路路路降利路 070 年 070 路路路行路類路更力路量來路路 / 更來更六理路 VoiceData Video Triple Play 更理念不更理行益益益 1. 路壟路 2. 路良數 3. 來來 1. HFC 2. 益 - 176 -

臨臨來易 () 10% 10% 度臨臨 () 15.28% 10%() 臨量更不年理例行 () (1) 路 () 1. 理 2. 金拾參參拾 3. 年 4. 不行力拾參參拾 5. 理行林 (2) 路 () 令 1. 2. 金拾參參拾 3. 年 4. 不行拾參參拾利 - 177 -

令 5. 理令林 (3) () 1. 2. 金參拾陸零 3. 年 4. 聯利料北行力 ISDN PRI 路行參拾陸零 5. 理行北 (4) 令 1. 2. 金拾參參拾 3. 年 4. 不行參拾陸零利令 5. 理令 () 理例 - 1. () 2. 金零拾零六拾 3. 年 4. ()()() 年年路連 - 178 -

94 年 9 26 數類列金不履行 5. 理北行 () 來行立益不 - 179 -

理不 - 180 -

不更輪年度林更林盧參理年 - 181 -

- 182 - 料 () 94 年 12 31 100%TFN US Ltd. TFN HK LIM ITED66.67% 100% 100% 99.99% 54.56% % %100%北林樂聯82% 100% % % % % % % % % % 0.04% 1 列例行 2

() 料 / 立 89.05.31 北隆路 172-1 9 樓 1 64,540,000 類路類 90.12.20 北隆路 172-1 9 樓 1 17,500,000 89.11.10 北隆路 172-1 8 樓 1 217,980 91.05.16 北隆路 172-1 9 樓 1 7,039,800 TFN US Ltd 92.04.17 TFN HK LIMITED 92.05.14 433 California Street, Suite 810 San Francisco, California 94104 Unit 507, 5/F., Tower 1, Silvercord, 30 Canton Road, Tsimshatsui, Kowloon, Hong Kong USD 430,000 () HK 1,300,000 () 84.12.04 北路 139 8 樓 110,000 路料理 94.10.17 北隆路 172-1 9 樓 1 50,000 94.01.25 北隆路 172-1 6 樓 1 1,500,000 類 87.09.07 北路 27 13 樓 6,255,788 理 94.02.04 北隆路 172-1 6 樓 1 1,600,000 零聯 87.06.16 蘭蘭路 28 23 420,000 樂 83.09.26 北路 651-8 10 樓 200,000 85.09.25 北路 651-8 6 樓 200,000 林 85.01.23 北路 40-7 7 樓北 85.09.06 北金路 389 2 1 樓 211,600 211,600 85.08.22 寮路 312 420,210 84.11.25 北路 206 560,000 94.12.31 率 32.908 率 4.245-183 -

() 料 () 行說來 1. 理 2. 3. 路料理 4. TFN US Ltd. TFN HK LIMITED 5. 6. 類 7. 理 8. 零 9. 聯樂林北 - 184 -

() 理料 - 185 - % 數例 () ( 例 ) TFN US Ltd TFN HK LIMITED 理理 ( 理 ) 理理 ( 3 94.11 更 95.01 ) 理理陸麗精 () 金倫倫金林福金 56,000,000 45,500,000 1,400,000 637,000,000 45,500,000 140,000,000 84,000,000 70,000,000 3,500,000 105,000,000 2,800,000 637,000,000 11,410,000 59,780,000 140,000-1,750,000,000 1,750,000,000 1,750,000,000 1,750,000,000-14,531,998 14,531,998 36,939 14,531,998 14,531,998 5,449,500 14,531,998 5,449,500 703,980,000 703,980,000 703,980,000 703,980,000 - - - - 129,999-4,985,000 4,985,000 4,985,000 4,985,000-4,100,000 4,100,000 4,100,000 4,100,000 900,000 4,100,000 900,000-150,000,000 150,000,000 150,000,000 150,000,000-0.87% 0.70% 0.02% 9.87% 0.70% 2.17% 1.30% 1.08% 0.05% 1.63% 0.04% 9.87% 0.18% 0.93% 0.00% - 100.00% 100.00% 100.00% 100.00% - 66.67% 66.67% 0.17% 66.67% 66.67% 25.00% 66.67% 25.00% 100.00% 100.00% 100.00% 100.00% - - - - 99.99% - 45.32% 45.32% 45.32% 45.32% - 82.00% 82.00% 82.00% 82.00% 18.00% 82.00% 18.00% - 100.00% 100.00% 100.00% 100.00% -

% 數 () 例 ( 例 ) 聯樂林北理理理理理理理理理柳逸柳逸盧李柳逸盧李盧柳逸益林柳逸益林盧柳逸盧林盧柳逸盧林 441,658,770 441,658,770 441,658,770 441,658,770 183,920,057 441,658,770 441,658,770-159,900,000 159,900,000 159,900,000 159,900,000 159,900,000-33,057,026 33,057,026 33,057,026 33,057,026 33,057,026-20,000,000 20,000,000 20,000,000 20,000,000 20,000,000-13,970,000 13,970,000 13,970,000 13,970,000 13,970,000-14,912,000 14,912,000 14,912,000 14,912,000 14,912,000-21,160,000 21,160,000 21,160,000 21,160,000 21,160,000-29,414,700 29,414,700 29,414,700 29,414,700 29,414,700 29,414,700-51,336,600 51,336,600 51,336,600 51,336,600 51,336,600-70.60% 70.60% 70.60% 70.60% 29.40% 70.60% 70.60% - 99.94% 99.94% 99.94% 99.94% 99.94% - 78.71% 78.71% 78.71% 78.71% 78.71% - 100.00% 100.00% 100.00% 100.00% 100.00% - 69.85% 69.85% 69.85% 69.85% 69.85% - 70.47% 70.47% 70.47% 70.47% 70.47% - 100.00% 100.00% 100.00% 100.00% 100.00% - 70.00% 70.00% 70.00% 70.00% 70.00% 70.00% - 91.67% 91.67% 91.67% 91.67% 91.67% - - 186 -

( 六 ) 利益益 ( ) ( ) () 64,540,000 88,099,520 18,424,158 69,675,362 8,749,101 (1,359,549) 1,488,112 0.23 17,500,000 19,223,365 20,997 19,202,368 1,077,170 1,064,463 1,056,549 0.60 217,980 1,041,801 681,879 359,922 1,256,216 68,115 41,691 0.38 7,039,800 7,790,593 1,096 7,789,497 495,078 489,559 489,174 0.69 TFN US Ltd 14,150 13,752 1,612 12,140 - (1,810) (1,529) 不 TFN HK LIMITED 5,519 4,740 440 4,300 186 (494) (451) 不 110,000 118,162 34,771 83,391 134,106 (1,909) (16,489) (1.50) 50,000 374,692 42,955 331,737 - (19,082) (18,263) (3.65) 1,500,000 6,333,148 4,759,058 1,574,090 522,029 157,831 74,745 0.57 6,255,788 8,639,119 2,848,504 5,790,615 1,006,317 441,000 202,704 0.32 1,600,000 1,560,959 1,701 1,559,258 - (4,569) (40,742) (0.55) 聯 420,000 639,919 153,355 486,564 578,463 60,018 42,532 1.01 樂 200,000 845,448 547,575 297,873 681,929 114,879 66,549 3.33 200,000 250,611 42,449 208,162 179,700 (2,081) 3,042 0.15 林 211,600 299,462 54,352 245,110 176,836 25,383 24,806 1.17 北 211,600 296,918 59,262 237,656 154,546 13,348 15,482 0.73 420,210 847,048 243,997 603,051 980,017 205,301 156,541 3.73 560,000 758,993 175,333 583,660 426,192 76,287 67,316 1.20-187 -

年度年行露露不行年 - 188 -

度行狀度年年年度行立度理立度率 ( 利令理度不論度理度度更行行立度理理度度行理度理度 1.2.3. 4.5. 若參見理度度行度理率度令度行理六年說匿不易律年見理 - 189 -

參年度年不見錄年度年理年度年 $217,980 金來金例 66.67% 年度年數金數金 2,800,000 $4,800 數金益說數金 2,800,000 $4,800 金金 - 190 -

陸年度年 94 年 () 論 1. 93 年度 2. 93 年度 3. 94 年年 1. 2. 35 列 3. 勞 4. 94 年度年 5. 93 年度利 6. 更 7. 度 8. 9. 理 10. 94 年度 11. 94 年度 12. 95 年 13. 金 http://mops.tse.com.tw - 191 -

年度年行易年 93000951 006 006 易 24 拾 ( 行 ) 理令類益年度年易六益說 - 192 -