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 August 25, 2009

 

 

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      x            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      x    

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

 

 

 

---

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.

Date: 2009/08/25

 

---

Exhibit

 

Exhibit		Description
99.1		Announcement Regarding Redefinition of Operating Segments

---

Exhibit 99.1

Chunghwa Telecom to Redefine Its Financial Reporting

Operating Segments

Taipei, Taiwan, R.O.C. August 25, 2009 - Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) (“CHT” or “the Company”) today announced that starting on September 1, 2009, Chunghwa Telecom will redefine its financial reporting operating segments into five operating segments: (i) domestic fixed communications business, (ii) mobile communications business, (iii) internet business, (iv) international fixed communications business and (v) others. Prior to September 1, 2009, Chunghwa Telecom had seven operating segments: (i) local operations, (ii) domestic long distance operations, (iii) international long distance operations, (iv) cellular service operations, (v) Internet and data operations, (vi) cellular phone sales and (vii) all others. The redefinition of the Company’s operating segments is expected to facilitate the management’s ability to assess the performance of each operating segment by conforming the Company’s operating segments to the international trends of other telecommunications companies in general.

As part of the redefinition, certain items have been redefined from one operating segment to another. The following charts set forth a description of which items are included under each of the operating segments.

---

Segment Reporting Change

 

 

Note :		DLD :		Domestic long distance
		ILD :		International long distance
		MOD :		Multimedia on Demand
		ICT :		Information and communication technologies
		IDC :		Internet Data Center

---

Pro Forma Operating Segment Information for the Three Months Ended

March 31, 2009

 

		Three months ended March 31, 2009 (Unaudited)								Amount in Million of New Taiwan Dollars
Item		Domestic Fixed Communications Business		Mobile Communications Business		Internet Business		International Fixed Communications Business		Others			Adjustment			Total
Revenues from external customers		17,700		21,773		5,755		3,633		259			0			49,120
Intersegment revenues		3,319		470		160		313		0			(4,262	)		0
Total revenues		21,019		22,243		5,915		3,946		259			(4,262	)		49,120
Segment income before income tax		4,575		7,816		2,321		488		(210	)		0			14,990
Interest income																214
Equity in earnings (losses) of equity method investees																(9	)
Other income																450
Interest expense																(6	)
General expense																(863	)
Other expense																(455	)
Income before tax																14,321
Segment assets		238,234		65,384		16,557		18,196		11,541			0			349,912
Investment accounted for using equity method																2,348
Other assets																99,384
Total assets																451,644
Depreciation and amortization		6,135		2,115		585		352		43
Expenditures for segment assets		3,290		814		418		92		89

---

Operating Segment Information for the Three Months Ended

March 31, 2009

 

		Three months ended March 31, 2009 (Unaudited)													Amount in Million of New Taiwan Dollars
Item		Fixed line							Cellular Service		Internet and Data		Cellular Phone		All Others		Adjustment		Total
		Local			DLD		ILD
Revenues from external customers		8,104			1,904		3,124		17,561		12,469		4,170		1,788		0		49,120
Intersegment revenues		999			477		0		1,540		5,202		462		2		-8,682		0
Total revenues		9,103			2,381		3,124		19,101		17,671		4,632		1,790		-8,682		49,120
Segment income before income tax		(1,462	)		1,241		567		8,901		6,535		-1,091		299		0		14,990
Interest income																			214
Equity in earnings (losses) of equity method investees																			(9	)
Other income																			450
Interest expense																			(6	)
General expense																			(863	)
Other expense																			(455	)
Income before tax																			14,321
Segment assets		136,337			4,800		9,324		55,527		96,610		5,696		41,618		0		349,912
Investment accounted for using equity method																			2,348
Other assets																			99,384
Total assets																			451,644
Depreciation and amortization		3,479			118		73		2,074		3,206		32		248
Expenditures for segment assets		1,317			0		28		799		2,344		4		211

About Chunghwa Telecom

Chunghwa Telecom (TAIEX 2412, NYSE: CHT) is the leading telecom service provider in Taiwan. Chunghwa Telecom provides fixed line, mobile and Internet and data services to residential and business customers in Taiwan.

For inquiries:

Fu-fu Shen

Investor Relations

+886 2 2344 5488

chtir@cht.com.tw