22.  MATURITY ANALYSIS OF ASSETS AND LIABILITIES The Company classified LED’s assets and liabilities of its construction operation as current and noncurrent according to the  length of the operating cycle of the construction operations. Maturity analysis of LED’s related current assets and liabilities  was as follows: PART III F-35 December 31, 2010 With in Over One Year One Year Total NT$ NT$ NT$ (In Millions) Assets Inventories $  ─ $  1,649 $  1,649 Deferred expenses (classified as other current assets) 120 120 Restricted assets ─ 169 169 $  ─ $  1,938 $  1,938 Liabilities Payable to contractor (classified as other current liabilities) $  ─ $  14 $  14 Advance from land and building (classified as other current  liabilities) ─ 507 507 $  ─ $  521 $  521 December 31, 2011 With in Over One Year One Year Total NT$ NT$ NT$ (In Millions) Assets Accounts receivable $  4 $  ─ $  4 Inventories ─ 1,408 1,408 Deferred expenses (classified as other current assets) 20 20 Restricted assets 56 ─ 56 $  60 $  1,428 $  1,488 Liabilities Trade notes and accounts payable (classified as other current  liabilities) $  11 $  ─ $11 Accrued expenses 21 7 28 Payables to contractors (classified as other current liabilities) ─ 25 25 Advance from land and building (classified as other current  liabilities) ─ 283 283 $  32 $  315 $  347