National Taiwan University Fund
Projected Balance Sheet
                               Dec. 31, 2008

Unit: Thousand in NTD
Item Dec. 31, 2008 Item Dec. 31, 2008
Projected Projected
Assets                                                   110,506,009 Liabilities                                                        87,317,613
Current Assets                                                     5,211,155 Current Liabilities 3,679,437
　Cash                                                       4,216,258 　Accounts Payable                                                     218,795
　Current Monetary Assets                                        110,034 　Accouants Receivied in advance     3,460,642
　Accounts Receivable                                                  179,321 Lont-term Liabilities              753,806
　Inventory                                                     31,612 　Long-term Debts                                                  753,806
　Prepaid Accounts                                                   441,187 Other Liabilities                                               82,884,370
　Short-term Payments Temporarily Made for Others   232,743     Miscellaneous Liabilities 82,884,370
Investment and Reserves                 1,468,490 Owner's Equity (Net Value)  23,188,396
　Long-term Investments                                         358,544 Funds                                                         15,257,311
　Reserves                                                 1,109,946 　Funds                                                       15,257,311
Fixed Assets                                                    21,778,528 Reserve Funds     6,564,549
   Land                                                  8,034,666 　Capital Surplus                                                     6,564,549
　Land Improvements                                          185,938 Accumulated Loss (-) 1,356,295
　Houses and Buildings                                                4,830,977 　Accumulated Profit                                                     1,356,295
　Machine and Equipment                                                 4,615,995 　Accumulated Loss (-)                                                  0
    Traffic and Transportation Equipment 207,076 Equity Adjustment  10,241
　Miscellaneous Equipment 2,243,926 　Equity Adjustment                                                   10,241
　Fixed Assets in process of purchase or construction 1,659,950 　 　
Depletable Assets 1,323 　 　
　Economic Animals                                                      1,323 　 　
Intangible Assets                                                     78,163 　 　
　Intangible Assets                                                     78,163 　 　
Deferred Charges                                                    232,260 　 　
　Deferred Expenses                                                     232,260 　 　
Other Assets                                                    81,736,090 　 　
　Miscellanouse Assets                                                    81,736,090 　 　
　Interests in Affiliated Businesses and Organizations  0 　 　
Total 110,506,009 Total 110,506,009