| 18. | Loans |
| A. | Short-term Loans |
| As of December 31, | ||||||||
| 2016 | 2017 | |||||||
| NT$ | NT$ | |||||||
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Credit loans |
2,741,250 | 3,422,400 | ||||||
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Interest rates |
1.3250% ~ 1.6440% | 1.6764% ~ 2.5112% | ||||||
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| B. | Long-term Loans |
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Loan period and repayment method |
As of December 31, | |||||||
| 2016 | 2017 | |||||||
| NT$ | NT$ | |||||||
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Syndicated bank loans: |
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2012.8.10-2017.8.10 Including US$33,333 thousand in December 31, 2016. Repayables in 6 semi-annually installments starting from February, 2015 |
2,162,333 | — | ||||||
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Other bank loans: |
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2013.12.31-2016.12.31 /Extended to 2019.12.30, and increased by $1,000,000 on 2017.01.19. Repayables in 3 semi-annually installments starting from December 28, 2018 |
1,500,000 | 2,500,000 | ||||||
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2014.8.11-2018.12.13 Repayables in 5 semi-annually installments starting from December 13, 2016 |
680,000 | 340,000 | ||||||
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2014.8.11-2018.12.10 Repayables in 6 semi-annually installments starting from June 13, 2016 |
1,000,000 | 500,000 | ||||||
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2014.8.11-2019.8.11 Repayables in 6 semi-annually installments starting from February 10, 2017 |
1,500,000 | 1,000,000 | ||||||
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2015.7.1-2020.7.1 Repayables in 6 semi-annually installments starting from January 2, 2018 |
1,500,000 | 1,500,000 | ||||||
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2015.11.13-2020.11.13 Repayables in 6 semi-annually installments starting from May 11, 2018 |
1,000,000 | 1,000,000 | ||||||
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2016.07.19-2021.01.10 Repayables in 6 semi-annually installments starting from July 10, 2018 |
3,000,000 | 3,000,000 | ||||||
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2016.07.19-2021.07.19 Repayables in 6 semi-annually installments starting from January 18, 2019 |
4,000,000 | 4,000,000 | ||||||
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2016.12.30-2021.12.30 Repayables in 6 semi-annually installments starting from June 28, 2019 |
2,000,000 | 2,000,000 | ||||||
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Less: |
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Arrangement fee of syndicated loans |
(1,586 | ) | — | |||||
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Current portion |
(3,500,747 | ) | (3,173,333 | ) | ||||
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| 14,840,000 | 12,666,667 | |||||||
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Interest rate |
1.1287%-2.3890% | 1.1358%-2.3890% | ||||||
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| (1) | In order to fulfill the requirements of operational and capital expenditures, the Company entered into syndicated loan agreements with eleven financial institutions, including Mega International Commercial Bank, the management bank, in August 2012. All long-term loans are with credit periods of five years and are floating interest rate loans. |
| (2) | Pursuant to the loan agreement, the Company should maintain, on a semi-annual and annual consolidated basis, certain debt covenants, such as current ratio, liability to tangible net worth ratio as well as the ratio of interest coverage. Up to December 31, 2017, the Company has been in compliance with all the debt covenants. |