and warranties from Chunghwa. For the year ended December 31, 2011, Senao received NT7.4 billion (US$244.0 million) from  Chunghwa. Chunghwa also sells mobile handsets and data cards to Senao. For the year ended December 31, 2011, Chunghwa sold  mobile handsets and data cards to Senao that amounted to NT0.8 billion (US$27.5 million).  Chunghwa acquired network equipment and related supplies from Chunghwa System Integration for approximately NT$1.7  billion (US$56.5 million) in 2011.  Chunghwa purchased telecommunications exchange facilities and related supplies and replacement parts from Taiwan  International Standard Electronics for approximately NT$1.3 billion (US$44.0 million) in 2011. On July 28, 2009, we provided a loan to our related party, ST-2 Satellite Ventures Pte., Ltd., in the amount of SG$23.9 million  at an interest rate of 6.38% per annum. The outstanding balance of the loan and interest accrued was paid in full on April 1, 2010.  The foregoing transactions with related parties were determined in accordance with mutual agreements.  Not applicable.  See Item 18 for a list of all consolidated financial statements filed as part of this annual report on Form 20-F.  Except as described in “Item 4. Information on the Company—B. Business Overview—Legal Proceedings,” we are not  currently involved in material litigation or other proceedings that may have or have had in the recent past, significant effects on our  financial position or profitability.  For our policy on dividend distributions, see “Item 10. Additional Information—B. Memorandum and Articles of  Incorporation—Dividends and Distributions.” The following table sets forth the dividends declared on each of our common shares  and in the aggregate for each of the years ended December 31, 2007, 2008, 2009, 2010 and 2011. All of these dividends were paid, in  the fiscal year following the period with respect to which the dividends relate.  (1)  Cash dividend unless otherwise indicated. (2)  Includes stock dividends of NT$2.10 per common share (equivalent to 210 shares for every 1,000 shares held) representing total  stock dividends of NT$20.1 billion. (3)  Includes stock dividends of NT$1 per common share (equivalent to 100 shares for every 1,000 shares held) representing total  stock dividends of NT$9.7 billion. (4)  Dividends for 2011 were approved in the board meeting in March 2012 and are expected to have the final approval at our annual  general stockholders’ meeting scheduled for June 22, 2012. Dividends per common  share (1) Total dividends (1) NT$ NT$ in billions Year ended December 31, 2007  6.36 (2) 60.8 (2) Year ended December 31, 2008  4.83 (3) 46.8 (3) Year ended December 31, 2009  4.06 39.4 Year ended December 31, 2010  5.52  42.8 Year ended December 31, 2011 5.46  (4) 42.4  (4) P AR T I C. Interests of Experts and Counsel  ITEM 8.  FINANCIAL INFORMATION  A. Consolidated Statements and Other Financial Information  102