不知道我以下算法对不对。
财报3Q2012第十二页 “The distribution policy of each of MIIF’s businesses is to distribute all net cash flows generated from operations, reduced for
debt servicing costs and maintenance capital expenditure, subject to legal requirements and prudent reserves.”
Portfolio | Year | % Equity Interest | Valuation | Revenue | EBITDA | Distribution to MIIF | Based on % distribution | Corporate Income Tax | Property Tax | Debt Servicing Allocation | Changshu Xinghua Port | 3Q12 | 38.00% | $101,600,000 | ¥242,200,000 | ¥110,700,000 | $6,864,000 | $8,280,709 | $1,242,106 | $2,032,000 | -$1,857,398 | 15% corporate Tax | 2011 | 38.00% | $101,500,000 | ¥301,100,000 | ¥152,500,000 | $5,300,000 | $11,407,480 | $1,711,122 | $2,030,000 | $2,366,358 | | 2010 | 38.00% | $89,800,000 | ¥263,600,000 | ¥127,500,000 | $4,619,000 | $9,537,402 | $1,430,610 | $1,796,000 | $1,691,791 | | 2009 | 38.00% | $86,000,000 | ¥217,200,000 | ¥119,200,000 | $1,544,000 | $8,916,535 | $1,337,480 | $1,720,000 | $4,315,055 | | 2008 | 38.00% | $94,700,000 | ¥209,600,000 | ¥112,600,000 | $5,080,000 | $8,422,835 | $1,263,425 | $1,894,000 | $185,409 | Hua Nan Expressway | 3Q12 | 81.00% | $140,200,000 | ¥384,600,000 | ¥307,700,000 | $17,378,000 | $49,062,402 | $12,265,600 | $2,804,000 | $16,614,801 | 11% corporate tax till 2011 | 2011 | 81.00% | $244,200,000 | ¥530,100,000 | ¥425,200,000 | $22,500,000 | $67,797,638 | $7,457,740 | $4,884,000 | $32,955,898 | | 2010 | 81.00% | $271,300,000 | ¥523,400,000 | ¥424,800,000 | $21,261,000 | $67,733,858 | $7,450,724 | $5,426,000 | $33,596,134 | | 2009 | 81.00% | $258,600,000 | ¥484,400,000 | ¥393,400,000 | $14,233,000 | $62,727,165 | $6,899,988 | $5,172,000 | $36,422,177 | | 2008 | 81.00% | $276,500,000 | ¥446,700,000 | ¥353,800,000 | $13,210,000 | $56,412,992 | $6,205,429 | $5,530,000 | $31,467,563 | Miaoli Wind | 3Q12 | 100.00% | $0 | NTD 184,600,000 | NTD 144,900,000 | $0 | $6,165,957 | $1,048,213 | $0 | $5,117,745 | | 2011 | 100.00% | $0 | NTD 309,500,000 | NTD 252,200,000 | $0 | $10,731,915 | $1,824,426 | $0 | $8,907,489 | | 2010 | 100.00% | $0 | NTD 245,900,000 | NTD 188,900,000 | $0 | $8,038,298 | $1,366,511 | $0 | $6,671,787 | | 2009 | 100.00% | $0 | NTD 260,300,000 | NTD 203,600,000 | $0 | $8,663,830 | $1,472,851 | $0 | $7,190,979 | | 2008 | 100.00% | $23,900,000 | NTD 288,200,000 | NTD 215,200,000 | $410,000 | $9,157,447 | $1,556,766 | $1,195,000 | $5,995,681 | Taiwan Broadband Communications | 3Q12 | 47.50% | $492,800,000 | NTD 5,498,700,000 | NTD 3,565,000,000 | $42,853,000 | $72,058,511 | $12,249,947 | $24,640,000 | -$7,684,436 | | 2011 | 47.50% | $508,800,000 | NTD 7,127,700,000 | NTD 4,543,100,000 | $29,900,000 | $91,828,617 | $15,610,865 | $25,440,000 | $20,877,752 | | 2010 | 20.00% | $189,900,000 | NTD 6,909,600,000 | NTD 4,287,200,000 | $13,093,000 | $36,486,809 | $6,202,757 | $9,495,000 | $7,696,051 | | 2009 | 20.00% | $169,000,000 | NTD 6,646,100,000 | NTD 4,078,100,000 | $16,610,000 | $34,707,234 | $5,900,230 | $8,450,000 | $3,747,004 | | 2008 | 20.00% | $180,800,000 | NTD 6,408,400,000 | NTD 3,902,000,000 | $18,230,000 | $33,208,511 | $5,645,447 | $9,040,000 | $293,064 |
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