Land				Buildings and Improvements				Right-of-use Assets				Total
		NT$				NT$				NT$				NT$
Cost
Balance at January 1, 2023		$	35,572			$	16,757,443			$	10,175,880			$	26,968,895
Additions			-				35,304				-				35,304
Reclassification			-				(182,588	)			(12,233	)			(194,821	)
Effects of foreign currency exchange differences			-				(298,273	)			(171,087	)			(469,360	)
Balance at December 31, 2023		$	35,572			$	16,311,886			$	9,992,560			$	26,340,018
Accumulated depreciation
Balance at January 1, 2023		$	-			$	3,868,107			$	1,371,696			$	5,239,803
Depreciation expenses			-				766,322				325,557				1,091,879
Reclassification			-				(51,031	)			(4,309	)			(55,340	)
Effects of foreign currency exchange differences			-				(80,078	)			(25,362	)			(105,440	)
Balance at December 31, 2023		$	-			$	4,503,320			$	1,667,582			$	6,170,902
Carrying amount at December 31, 2023		$	35,572			$	11,808,566			$	8,324,978			$	20,169,116

 

 

		Land				Buildings and Improvements				Right-of-use Assets				Total
		NT$				NT$				NT$				NT$
Cost
Balance at January 1, 2024		$	35,572			$	16,311,886			$	9,992,560			$	26,340,018
Additions			-				15,145				-				15,145
Disposals			-				(62	)			-				(62	)
Reclassification			-				(88,176	)			159				(88,017	)
Effects of foreign currency exchange differences			-				845,530				520,026				1,365,556
Balance at December 31, 2024		$	35,572			$	17,084,323			$	10,512,745			$	27,632,640
Accumulated depreciation
Balance at January 1, 2024		$	-			$	4,503,320			$	1,667,582			$	6,170,902
Depreciation expenses			-				748,055				331,204				1,079,259
Disposals			-				(28	)			-				(28	)
Reclassification			-				(9,340	)			54				(9,286	)
Effects of foreign currency exchange differences			-				241,359				95,390				336,749
Balance at December 31, 2024		$	-			$	5,483,366			$	2,094,230			$	7,577,596
Carrying amount at December 31, 2024		$	35,572			$	11,600,957			$	8,418,515			$	20,055,044
For the year ended December 31, 2025
		Land				Buildings and Improvements				Right-of-use Assets				Total
		NT$				NT$				NT$				NT$
Cost
Balance at January 1, 2025		$	35,572			$	17,084,323			$	10,512,745			$	27,632,640
Additions			-				33,260				-				33,260
Reclassification			-				315,032				18,179				333,211
Effects of foreign currency exchange differences			-				(318,251	)			(205,183	)			(523,434	)
Balance at December 31, 2025		$	35,572			$	17,114,364			$	10,325,741			$	27,475,677
Accumulated depreciation
Balance at January 1, 2025		$	-			$	5,483,366			$	2,094,230			$	7,577,596
Depreciation expenses			-				723,339				320,286				1,043,625
Reclassification			-				216,195				9,563				225,758
Effects of foreign currency exchange differences			-				(79,924	)			(28,269	)			(108,193	)
Balance at December 31, 2025		$	-			$	6,342,976			$	2,395,810			$	8,738,786
Carrying amount at December 31, 2025		$	35,572			$	10,771,388			$	7,929,931			$	18,736,891

 

The abovementioned investment properties were leased out for 1 to 20 years, with an option to extend for an additional lease term. The lease contracts contain market review clauses in the event that the lessees exercise their options to extend. The lessees do not have bargain purchase options to acquire the investment properties at the expiry of the lease term.

In addition to fixed lease payments, some of the lease contracts also indicated that the lessees should make variable payments determined at a specific percentage of the excess of respective lessee’s monthly revenues over a specific amount.

The total lease payments to be received in the future under operating leases of investment properties were as follows:

 

		December 31
		2024				2025
		NT$				NT$				US$ (Note 4)
Year 1		$	1,553,091			$	1,253,359			$	39,954
Year 2			1,333,489				950,028				30,285
Year 3			1,041,709				637,698				20,328
Year 4			768,824				489,743				15,612
Year 5			644,958				349,344				11,136
Year 6 onwards			1,247,966				326,699				10,414
		$	6,590,037			$	4,006,871			$	127,729

 

The investment properties were depreciated on a straight-line basis over the following useful lives:

 

Main buildings			10-40 years
Right-of-use assets			10-50 years

The fair value of the investment properties was measured using the market approach and the income approach based on Level 3 inputs by independent professional appraisers. The significant unobservable inputs were discount rates. The fair value of the investment properties was as follows:

 

		December 31
		2024				2025
		NT$				NT$				US$ (Note 4)
Fair value		$	34,684,323			$	33,806,692			$	1,077,676

Refer to Note 36 for the carrying amount of the investment properties that had been pledged by the Group to secure borrowings.