6-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934 November 13, 2017

Chunghwa Telecom Co., Ltd.
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(Translation of registrant’s name into English)

Room 110, Finance Department of Headquarters, 21-3 Hsinyi Road, Sec. 1, Taipei, Taiwan

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(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:  [x] Form 20-F    [] Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  []

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  []

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    [x] No

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):    n/a 

SIGNATURES

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

		Chunghwa Telecom Co., Ltd.
Date: November 10, 2017	By:	/s/Shui-Yi Kuo
	Name:	Shui-Yi Kuo
	Title:	Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
99.01	Announcement on 2017/11/07: The differences between the third quarter of 2017 financial statements under Taiwan-IFRSs and IFRSs
99.02	Announcement on 2017/11/08: The Company to participate in investor conference held by JPMorgan
99.03	Announcement on 2017/11/08: The Company to participate in investor conference held by Morgan Stanley
99.04	Announcement on 2017/11/10 : Chunghwa Telecom announces its operating results for October 2017
99.05	Announcement on 2017/11/10: October 2017 sales

EX-99.01 2 exhibit1.htm EX-99.01

EXHIBIT 99.01  

The differences between the third quarter of 2017 financial statements under Taiwan-IFRSs and IFRSs

Date of events: 2017/11/07  

Contents:

1.Date of occurrence of the event:2017/11/07

2.Of which year/ quarter financial report required to be adjusted:The third quarter of 2017

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$10,499,285 thousand and NT$31,120,856 thousand, consolidated net income attributable to stockholders of the parent of NT$10,153,411 thousand and NT$30,191,883 thousand, and basic earnings per share of NT$1.31 and NT$3.89 for the three months and nine months ended September 30, 2017, respectively. The Company also reported total assets of NT$434,926,867 thousand, total liabilities of NT$68,795,621 thousand, and total equity of NT$366,131,246 thousand as of September 30, 2017.

5.Accounting principles applied (securities issued overseas):IAS 34 “Interim Financial Reporting” as issued by the IASB (“IFRSs”)

6.Inconsistent items/ amounts (securities issued overseas):Under IFRSs, the Company reported consolidated net income of NT$9,415 million and NT$31,994 million, consolidated net income attributable to stockholders of the parent of NT$9,105 million and NT$31,037 million, and basic earnings per share of NT$1.17 and NT$4.00 for the three months and nine months ended September 30, 2017, respectively. The Company also reported total assets of NT$434,713 million, total liabilities of NT$71,994 million, and total equity of NT$362,719 million as of September 30, 2017.

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 10% 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 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. This reclassification from additional paid-in capital to unappropriated 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

EXHIBIT 99.02

The Company to participate in investor conference held by JPMorgan

Date of events: 2017/11/08  

Contents:

1.Date of the investor conference: 2017/11/13~2017/11/14

2.Time of the investor conference: 8:00AM (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 http://www.cht.com.tw/chtir

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

EXHIBIT 99.03

The Company to participate in investor conference held by Morgan Stanley

Date of events: 2017/11/08

Contents:

1.Date of the investor conference: 2017/11/15~2017/11/16

2.Time of the investor conference: 8:30AM (Taipei time)

3.Location of the investor conference: Singapore

4.Brief information disclosed in the investor conference:The conference will be held by Morgan Stanley.

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 http://www.cht.com.tw/chtir

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

EXHIBIT 99.04

Chunghwa Telecom announces its operating results for October 2017

Date of events: 2017/11/10

Contents:

1.Date of occurrence of the event:2017/11/10

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 2017 was NT$18.79 billion, a 0.5 % increase year-over-year. Operating costs and expense were NT$14.76 billion, a 2.5% decrease year-over-year. Operating income was NT$4.03 billion, a 13.3% increase year-over-year. Pretax income was NT$4.06 billion, a 11.4% increase year-over-year. Net income attributable to stockholders of the parent company was NT$3.31 billion, a 12.2% increase year-over-year, and EPS was NT$0.43.

In October, mobile communications business revenue decreased year-over-year. Value-added service revenue increased year-over-year driven by the growth of 4G and mobile internet subscriber base. However, the overall mobile service revenue decreased due to the decrease of mobile voice revenue resulted from the market competition and VoIP substitution. Moreover, smart device sales revenue decreased year-over-year.

Internet revenue increased year-over-year. Broadband access revenue decreased slightly year-over-year while MOD revenue increased year-over-year. Local revenue decreased year-over-year while ICT project revenue increased year-over-year.

Operating costs and expenses in October decreased year-over-year mainly due to the decrease of cost of goods sold.

Accumulated till the end of October, total revenue was NT$185.42 billion, a 2.6% decrease year-over-year. Operating income was NT$40.30 billion, a 3.4% decrease year-over-year. Pretax income was NT$41.31 billion, a 4.6% decrease year-over-year. Net income attributable to stockholders of the parent company was NT$33.50 billion, a 5.0% decrease year-over-year and EPS was NT$4.32. Additionally, accumulated total revenue, operating income, pretax income and EPS were respectively 80.2%, 90.2%, 90.4% and 90.8% of the guidance of the year.

6.Countermeasures:None

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

EXHIBIT 99.05

Chunghwa Telecom

November 10, 2017

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 2017.

1) Sales volume (NT$ Thousand)

 

Period	Items		2017		2016		Changes	%
Oct.		Net sales		18,790,424		18,691,544	(+)98,880	(+)0.53 %
Jan.-Oct.		Net sales		185,419,869		190,349,108	(-)4,929,239	(-)2.59 %

b Trading purpose : None

EX-99.01

EXHIBIT 99.01  

The differences between the third quarter of 2017 financial statements under Taiwan-IFRSs and IFRSs

Date of events: 2017/11/07  

Contents:

1.Date of occurrence of the event:2017/11/07

2.Of which year/ quarter financial report required to be adjusted:The third quarter of 2017

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$10,499,285 thousand and NT$31,120,856 thousand, consolidated net income attributable to stockholders of the parent of NT$10,153,411 thousand and NT$30,191,883 thousand, and basic earnings per share of NT$1.31 and NT$3.89 for the three months and nine months ended September 30, 2017, respectively. The Company also reported total assets of NT$434,926,867 thousand, total liabilities of NT$68,795,621 thousand, and total equity of NT$366,131,246 thousand as of September 30, 2017.

5.Accounting principles applied (securities issued overseas):IAS 34 “Interim Financial Reporting” as issued by the IASB (“IFRSs”)

6.Inconsistent items/ amounts (securities issued overseas):Under IFRSs, the Company reported consolidated net income of NT$9,415 million and NT$31,994 million, consolidated net income attributable to stockholders of the parent of NT$9,105 million and NT$31,037 million, and basic earnings per share of NT$1.17 and NT$4.00 for the three months and nine months ended September 30, 2017, respectively. The Company also reported total assets of NT$434,713 million, total liabilities of NT$71,994 million, and total equity of NT$362,719 million as of September 30, 2017.

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 10% 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 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. This reclassification from additional paid-in capital to unappropriated 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

EXHIBIT 99.02

The Company to participate in investor conference held by JPMorgan

Date of events: 2017/11/08  

Contents:

1.Date of the investor conference: 2017/11/13~2017/11/14

2.Time of the investor conference: 8:00AM (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 http://www.cht.com.tw/chtir

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

EXHIBIT 99.03

The Company to participate in investor conference held by Morgan Stanley

Date of events: 2017/11/08

Contents:

1.Date of the investor conference: 2017/11/15~2017/11/16

2.Time of the investor conference: 8:30AM (Taipei time)

3.Location of the investor conference: Singapore

4.Brief information disclosed in the investor conference:The conference will be held by Morgan Stanley.

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 http://www.cht.com.tw/chtir

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

EXHIBIT 99.04

Chunghwa Telecom announces its operating results for October 2017

Date of events: 2017/11/10

Contents:

1.Date of occurrence of the event:2017/11/10

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 2017 was NT$18.79 billion, a 0.5 % increase year-over-year. Operating costs and expense were NT$14.76 billion, a 2.5% decrease year-over-year. Operating income was NT$4.03 billion, a 13.3% increase year-over-year. Pretax income was NT$4.06 billion, a 11.4% increase year-over-year. Net income attributable to stockholders of the parent company was NT$3.31 billion, a 12.2% increase year-over-year, and EPS was NT$0.43.

In October, mobile communications business revenue decreased year-over-year. Value-added service revenue increased year-over-year driven by the growth of 4G and mobile internet subscriber base. However, the overall mobile service revenue decreased due to the decrease of mobile voice revenue resulted from the market competition and VoIP substitution. Moreover, smart device sales revenue decreased year-over-year.

Internet revenue increased year-over-year. Broadband access revenue decreased slightly year-over-year while MOD revenue increased year-over-year. Local revenue decreased year-over-year while ICT project revenue increased year-over-year.

Operating costs and expenses in October decreased year-over-year mainly due to the decrease of cost of goods sold.

Accumulated till the end of October, total revenue was NT$185.42 billion, a 2.6% decrease year-over-year. Operating income was NT$40.30 billion, a 3.4% decrease year-over-year. Pretax income was NT$41.31 billion, a 4.6% decrease year-over-year. Net income attributable to stockholders of the parent company was NT$33.50 billion, a 5.0% decrease year-over-year and EPS was NT$4.32. Additionally, accumulated total revenue, operating income, pretax income and EPS were respectively 80.2%, 90.2%, 90.4% and 90.8% of the guidance of the year.

6.Countermeasures:None

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

EXHIBIT 99.05

Chunghwa Telecom

November 10, 2017

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 2017.

1) Sales volume (NT$ Thousand)

 

Period	Items		2017		2016		Changes	%
Oct.		Net sales		18,790,424		18,691,544	(+)98,880	(+)0.53 %
Jan.-Oct.		Net sales		185,419,869		190,349,108	(-)4,929,239	(-)2.59 %

b Trading purpose : None