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Investor Presentaiton

Taiwan Mobile 台湾大哥大 Balance Sheet Analysis NT$bn 2Q10 1Q10 2Q10 1Q10 Total Assets 86.38 84.43 Liabilities 42.33 28.74 Current Assets 14.63 11.49 Current Liabilities 33.27 19.68 - Cash & Cash Equivalents 5.86 - 2.96 ST Debts 0.85 1.15 - Available-for-Sale Financial Assets 0.17 0.17 - · Other Current Liabilities 32.42 18.53 - Other Current Assets 8.60 8.36 Long-Term Borrowings 8.00 8.00 Investment 3.30 3.20 Other Liabilities 1.07 1.06 Property and Equipment 44.27 45.48 Shareholders' Equity 44.04 55.69 Intangible Assets Other Assets 20.75 20.98 Paid-in Capital 38.01 38.01 3.44 3.27 - Capital Surplus 12.43 12.43 - Legal Reserve 15.33 13.94 - Special Reserve 0.82 3.35 Un-appropriated Earnings* 2.27 2.27 - Retained Earnings & Others 7.07 17.58 2Q10 1Q10 - Treasury Shares (31.89) (31.89) Interest Coverage (x) 59.9 57.9 *:Excluding YTD profits Net Debt to Equity 7% 11% Net Debt to EBITDA (x) 0.11 0.23 ROE (annualized) 27% 27% 9
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