1934 Act Registration No. 1-31731

 

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549 

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

 

Dated November 9, 2018

 

Chunghwa Telecom Co., Ltd.

(Translation of Registrant’s Name into English)

 

21-3 Hsinyi Road Sec. 1,

Taipei, Taiwan, 100 R.O.C.

(Address of Principal Executive Office)

 

(Indicate by check mark whether the registrant files or will file annual reports under cover of form 20-F or Form 40-F.)

 

Form 20-F  ☒  Form 40-F  ☐

 

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

 

Yes ☐  No☒

 

(If “Yes” is marked, indicated below the file number assigned to the registrant in connection with Rule 12g3-2(b): Not applicable )

 

 

 

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant Chunghwa Telecom Co., Ltd. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

 

 

 

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EXHIBIT 99.01

 

 

Clarification on information related to recent media report

 

Date of events: 2018/10/25

 

Contents:

 

1.Date of occurrence of the event:2018/10/25

2.Company name:Chunghwa Telecom Co., Ltd.

3.Relationship to the Company (please enter ”head office” or

  ”subsidiaries”):head office

4.Reciprocal shareholding ratios:N/A

5.Name of the reporting media:Storm Media Group

6.Content of the report: Chunghwa Telecom today clarified media reports

about bad debt issues incurred from solar energy projects, that Chunghwa

Telecom probably will recognize NT$3 billion in bad debt in the third

quarter due to its solar energy project undertaking.

7.Cause of occurrence:By the end of second quarter of 2018, the consolidated

provision of doubtful accounts of the company was NT$768 million; the

financial statements of third quarter is in preparation, but the company

anticipates there will be no significant increase in the provision of

doubtful accounts, and the news report is a market rumor.

8.Countermeasures:Starting from the fourth quarter in 2016, Chunghwa Telecom

adopted a more cautious policy toward project selection in order to

solidify our financial management, at the same time actively enhance

accounts receivables collection including solar energy projects. Some

solar energy projects have incurred bad debts so far, but the solar

power project at Changhua Coastal Park undertaken in 2018 has not

incurred any bad debt.

9.Any other matters that need to be specified:Chunghwa Telecom will

continue to be cautious on project selection, and actively enhance

debt recovery mechanism to improve profitability.

 

 

 

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EXHIBIT 99.02

 

 

Clarification of the media report

 

Date of events: 2018/11/01

 

Contents:

 

1.Date of occurrence of the event:2018/11/01

2.Company name:Chunghwa Telecom Co., Ltd.

3.Relationship to the Company (please enter ”head office” or

  ”subsidiaries”):head office

4.Reciprocal shareholding ratios:N/A

5.Name of the reporting media:Storm Media Group

6.Content of the report:The Storm Media reported on October 29th about

Chunghwa Telecom and「iSing99 」investment case.

7.Cause of occurrence:Clarify media report.

8.Countermeasures:none

9.Any other matters that need to be specified:Clarify that The Storm

Media’s reporting is not released by Chunghwa Telecom.

The company has no comment.

 

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EXHIBIT 99.03

 

 

The Board approved the appointment of senior management

 

Date of events: 2018/11/06

 

Contents:

 

1.Date of occurrence of the event: 2018/11/06

2.Company name: Chunghwa Telecom Co., Ltd.

3.Relationship to the Company (please enter ”head office” or

  ”subsidiaries”):head office

4.Reciprocal shareholding ratios: None

5.Cause of occurrence: The 8th Meeting of the 14th Term Board of Directors

approved the appointment of the management as follows:

(1) Appoints Wei-Kuo Hong, the Vice President of Telecommunication

     Training Institute, to be the President of Telecommunication Training

     Institute. Mr. Tian-Tsair Su will be discharged from the position as

     the President of Telecommunication Training Institute concurrently

     on the same day.

(2) Appoints Rong-Syh Lin, the President of Telecommunication Laboratories,

     to be the President of Data Communications Business Group. Mr. Lin also

     acts for the President of Telecommunication Laboratories concurrently.

     Mr. Hong-Chan Ma will be discharged from the position as the President

     of Data Communications Business Group on the same day.

(3) As Chih-Cheng Chien, the President of International Group, will have

     new appointment and will be discharged from the position. Hsueh-Lan Wu,

     the Vice President of Enterprise Business group, will promote to the

     position of President of International Group on the same day.

6.Countermeasures: None

7.Any other matters that need to be specified: None

 

 

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EXHIBIT 99.04

 

 

To announce the differences between the third quarter of 2018 financial statements under Taiwan-IFRSs

and IFRSs

 

Date of events: 2018/11/07

 

Contents:

 

1.Date of occurrence of the event:2018/11/07

2.Of which year/ quarter financial report required to be adjusted:

The third quarter of 2018

3.Accounting principles applied (domestic listing securities):

Regulations Governing the Preparation of Financial Reports by Securities

Issuers and International Accounting Standard 34 “Interim Financial

Reporting” endorsed and issued into effect by the Financial Supervisory

Commission of the Republic of China (“Taiwan-IFRSs”)

4.Inconsistent items/ amounts (domestic listing securities):

Under Taiwan-IFRSs, Chunghwa Telecom Co., Ltd. and its subsidiaries

(or the “Company”) reported consolidated net income of NT$8,722,276

thousand and NT$27,783,165 thousand, consolidated net income attributable

to stockholders of the parent of NT$8,504,207 thousand and NT$27,093,228

thousand, and basic earnings per share of NT$1.10 and NT$3.49 for the

three months and nine months ended September 30, 2018, respectively.

The Company also reported total assets of NT$456,461,113 thousand, total

liabilities of NT$78,071,732 thousand, and total equity of NT$378,389,381

thousand as of September 30, 2018.

5.Accounting principles applied (securities issued overseas):

IAS 34 “Interim Financial Reporting” as issued by the International

Accounting Standard Board (“IFRSs”)

6.Inconsistent items/ amounts (securities issued overseas):

Under IFRSs, the Company reported consolidated net income of NT$8,278

million and NT$30,314 million, consolidated net income attributable to

stockholders of the parent of NT$8,071 million and NT$29,542 million,

and basic earnings per share of NT$1.04 and NT$3.81 for the three months

and nine months ended September 30, 2018, respectively. The Company also

reported total assets of NT$456,252 million, total liabilities of

NT$79,502 million, and total equity of NT$376,750 million as of

September 30, 2018.

7.Cause of the inconsistency:

The differences between consolidated net income under Taiwan-IFRSs and

that under IFRSs followed by the Company mainly come from the timing of

the recognition of income tax on unappropriated earnings. In addition,

prior to incorporation, the Company was subject to the laws and

regulations applicable to state-owned enterprises in Taiwan which

differed from the generally accepted accounting principles as applicable

to commercial companies. As such, revenue from providing fixed line

connection service and selling prepaid phone cards was recognized at the

time the service was performed or the card was sold by the Company.

Upon incorporation, net assets greater than the capital stock was

credited as additional paid-in-capital and part of the additional

paid-in-capital was from the unearned revenues generated from connection

fees and prepaid cards as of the date of incorporation. Under IFRSs,

revenue from connection fees and prepaid phone cards was deferred at

the time of the service performed or sale and recognized as revenue

over time as the service is continuously performed or as consumed.

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This reclassification from additional paid-in capital to retained

earnings did not affect total equity.

8.Any other matters that need to be specified:

Chunghwa Telecom’s earnings distribution and stockholders’ equity

matters are in accordance with Taiwan-IFRSs.

 

 

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EXHIBIT 99.05

 

The Company to participate in investor conference held by JPMorgan

 

Date of events: 2018/11/09

 

Contents:

 

1.Date of the investor conference: 2018/11/14~2018/11/15

2.Time of the investor conference: 9:00 am (Taipei time)

3.Location of the investor conference: Hong Kong

4.Brief information disclosed in the investor conference: The

conference will be held by JPMorgan

5.The presentation of the investor conference release: Please refer to

http://mops.twse.com.tw/

6.Will the presentation be released in the Company’s website: Yes,

please refer to https://www.cht.com.tw/chtir

7.Any other matters that need to be specified: None

 

 

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EXHIBIT 99.06

 

 

Chunghwa Telecom announces its operating results for October 2018

 

Date of events: 2018/11/09

 

Contents:

 

1.Date of occurrence of the event:2018/11/9

2.Company name:Chunghwa Telecom Co., Ltd.

3.Relationship to the Company (please enter "head office" or

  "subsidiaries"):head office

4.Reciprocal shareholding ratios:N/A

5.Cause of occurrence:

Chunghwa Telecom consolidated revenue for October 2018 was NT$ 17.77 billion, a 5.4 % decrease year-over-year, mainly due to the decrease of voice revenue resulted from continuing VoIP substitution, the decline of mobile service revenue owing to market competition and the decrease of ICT project revenue, which partially offset the increase of device sales revenue, Internet VAS revenue and MOD revenue. Operating costs and expenses were NT$ 14.44 billion, a 2.1 % decrease year-over-year, mainly due to the decrease of interconnection expenses, cost of goods sold and ICT project costs. Operating income was NT$ 3.33 billion, a 17.5 % decrease year-over-year. Income before tax was NT$ 3.40 billion, a 16.3 % decrease year-over-year. Net income attributable to stockholders of the parent company was NT$ 2.66 billion, a 19.6 % decrease year-over-year. EPS was NT$ 0.34.

 

6.Countermeasures: None

7.Any other matters that need to be specified: None

 

 

 

 

 

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EXHIBIT 99.07

 

 

Chunghwa Telecom

 

November 09, 2018

 

This is to report the changes or status of 1) Sales volume 2) Funds lent to other parties 3) Endorsements and guarantees 4) Financial derivative transactions for the period of October 2018.

 

1) Sales volume (NT$ Thousand)

 

 

 

2) Funds lent to other parties (NT$ thousand)

 

 

3) Endorsements and guarantees (NT$ thousand)

  

 

4) Financial derivative transactions accumulated from January to the reporting month (NT$ thousand)

 

a-1 Non-trading purpose (that does not meet the criteria for hedge accounting)

 

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a-2 Non-trading purpose (that meets the criteria for hedge accounting,)

 

 

b Trading purpose : None

 

 

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