3Q 2013 Financial Statement

UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES
Consolidated Condensed Balance Sheet
As of September 30, 2013
Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$)
US$
Assets
Current assets
Cash and cash equivalents
Financial assets at fair value through profit or loss, current
Available-for-sale financial assets, current
Notes & Accounts receivable, net
Inventories, net
Other current assets
Total current assets
September 30, 2013
NT$
%
1,699
21
80
630
478
94
3,002
50,336
632
2,380
18,659
14,171
2,725
88,903
16.8%
0.2%
0.8%
6.2%
4.7%
1.0%
29.7%
1,067
5,623
428
7,118
10,120
31,595
166,559
12,692
210,846
299,749
10.5%
55.6%
4.2%
70.3%
100.0%
Liabilities
Current liabilities
Short-term loans
Financial liabilities at fair value through profit or loss, current
Payables
Current portion of long-term liabilities
Other current liabilities
Total current liabilities
172
2
940
620
31
1,765
5,086
51
27,833
18,350
949
52,269
1.7%
0.0%
9.3%
6.1%
0.3%
17.4%
Non-current liabilities
Bonds payable
Long-term loans
Other non-current liabilities
Total non-current liabilities
Total liabilities
674
298
246
1,218
2,983
19,978
8,823
7,282
36,083
88,352
6.7%
2.9%
2.5%
12.1%
29.5%
4,284
1,532
126,905
45,383
42.3%
15.1%
1,249
(80)
6,985
152
7,137
10,120
36,974
(2,365)
206,897
4,500
211,397
299,749
12.4%
(0.8%)
69.0%
1.5%
70.5%
100.0%
Non-current assets
Funds and investments
Property, plant and equipment
Other non-current assets
Total non-current assets
Total assets
Equity
Equity attributable to the parent company
Capital
Additional paid-in capital
Retained earnings, unrealized gain or loss on available-for-sale
financial assets and exchange differences on translation of
foreign operations
Treasury stock
Total equity attributable to the parent company
Non-controlling interests
Total equity
Total liabilities and equity
Note : New Taiwan Dollars have been translated into U.S. Dollars at the September 30, 2013 exchange rate of NT $29.62 per U.S. Dollar.
All figures are prepared in accordance with TIFRSs.
Financial Table 1/4
UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES
Consolidated Condensed Statements of Comprehensive Income
Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$)
Except Per Share and Per ADS Data
Year over Year Comparison
Net operating revenues
Operating costs
Gross profit
Operating expenses
- Sales and marketing expenses
- General and administrative expenses
- Research and development expenses
Subtotal
Net other operating income and expenses
Operating income (loss)
Net non-operating income and expenses
Income from continuing operations before
income tax
Quarter over Quarter Comparison
Three-Month Period Ended
September 30, 2013
September 30, 2012
US$
NT$
US$
NT$
1,128
33,407
1,019
30,174
(880)
(26,070)
(826)
(24,450)
248
7,337
193
5,724
22.0%
22.0%
19.0%
19.0%
(26)
(29)
(110)
(165)
(2)
81
7.2%
(778)
(854)
(3,262)
(4,894)
(48)
2,395
7.2%
(23)
(25)
(79)
(127)
(91)
(25)
(2.4%)
%
Chg.
10.7%
6.6%
28.2%
(687)
(727)
(2,338)
(3,752)
(2,704)
(732)
(2.4%)
13.2%
17.5%
39.5%
30.4%
(98.2%)
-
53
1,561
84
2,481
(37.1%)
134
11.8%
3,956
11.8%
59
5.8%
1,749
5.8%
(20)
114
10.1%
(590)
3,366
10.1%
(45)
14
1.4%
Other comprehensive income
(76)
(2,249)
Total comprehensive income
38
Income tax expense
Net income
Net income attributable to:
Stockholders of the parent
Non-controlling interests
Comprehensive income attributable to:
Stockholders of the parent
Non-controlling interests
Earnings per share-basic
Earnings per ADS (2)
Weighted average number of shares
outstanding (in millions)
Three-Month Period Ended
September 30, 2013
June 30, 2013
US$
NT$
US$
NT$
1,128
33,407
1,077
31,905
(880)
(26,070)
(868)
(25,728)
248
7,337
209
6,177
22.0%
22.0%
19.4%
19.4%
(26)
(29)
(110)
(165)
(2)
81
7.2%
(778)
(854)
(3,262)
(4,894)
(48)
2,395
7.2%
(27)
(33)
(109)
(169)
(1)
39
3.6%
(800)
(966)
(3,251)
(5,017)
(11)
1,149
3.6%
%
Chg.
4.7%
1.3%
18.8%
(2.8%)
(11.6%)
0.3%
(2.5%)
100.0%
100.0%
53
1,561
21
631
100.0%
100.0%
134
11.8%
3,956
11.8%
60
5.6%
1,780
5.6%
100.0%
(1,331)
418
1.4%
(55.7%)
100.0%
(20)
114
10.1%
(590)
3,366
10.1%
(1)
59
5.4%
(42)
1,738
5.4%
100.0%
93.7%
(81)
(2,412)
(6.8%)
(76)
(2,249)
11
350
1,117
(67)
(1,994)
-
38
1,117
70
2,088
(46.5%)
117
(3)
3,476
(110)
50
(36)
1,493
(1,075)
100.0%
(89.8%)
117
(3)
3,476
(110)
61
(2)
1,812
(74)
91.8%
48.6%
42
(4)
1,255
(138)
(31)
(36)
(920)
(1,074)
(87.2%)
42
(4)
1,255
(138)
73
(3)
2,160
(72)
(41.9%)
91.7%
0.009
0.047
0.28
1.40
12,460
0.004
0.020
0.12
0.60
0.009
0.047
12,629
Notes:
(1) New Taiwan Dollars have been translated into U.S. Dollars at the September 30, 2013 exchange rate of NT $29.62 per U.S. Dollar.
All figures are prepared in accordance with TIFRSs.
(2) 1 ADS equals 5 common shares.
0.28
1.40
12,460
0.005
0.025
-
0.15
0.75
12,465
Financial Table 2/4
UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES
Consolidated Condensed Statements of Comprehensive Income
Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$)
Except Per Share and Per ADS Data
Net operating revenues
Operating costs
Gross profit
Operating expenses
- Sales and marketing expenses
- General and administrative expenses
- Research and development expenses
Subtotal
Net other operating income and expenses
Operating income
For the Three-Month Period Ended
September 30, 2013
US$
NT$
%
1,128
33,407
100.0%
(880)
(26,070)
(78.0%)
248
7,337
22.0%
For the Nine-Month Period Ended
September 30, 2013
US$
NT$
%
3,143
93,093
100.0%
(2,535)
(75,087)
(80.7%)
608
18,006
19.3%
(26)
(29)
(110)
(165)
(2)
81
(778)
(854)
(3,262)
(4,894)
(48)
2,395
(2.3%)
(2.6%)
(9.8%)
(14.7%)
(0.1%)
7.2%
(79)
(96)
(301)
(476)
(2)
130
(2,341)
(2,840)
(8,908)
(14,089)
(79)
3,838
(2.5%)
(3.0%)
(9.6%)
(15.1%)
(0.1%)
4.1%
53
1,561
4.6%
318
9,441
10.2%
134
3,956
11.8%
448
13,279
14.3%
Income tax expense
Net income
(20)
114
(590)
3,366
(1.7%)
10.1%
(59)
389
(1,762)
11,517
(1.9%)
12.4%
Other comprehensive income
(76)
(2,249)
(6.8%)
(12)
(356)
(0.4%)
Total comprehensive income
38
1,117
3.3%
377
11,161
12.0%
117
(3)
3,476
(110)
10.4%
(0.3%)
401
(12)
11,881
(364)
12.8%
(0.4%)
42
(4)
1,255
(138)
3.8%
(0.5%)
389
(12)
11,534
(373)
12.4%
(0.4%)
Net non-operating income and expenses
Income from continuing operations before
income tax
Net income attributable to:
Stockholders of the parent
Non-controlling interests
Comprehensive income attributable to:
Stockholders of the parent
Non-controlling interests
Earnings per share-basic
(2)
Earnings per ADS
Weighted average number of shares
outstanding (in millions)
0.009
0.047
0.28
1.40
0.032
0.160
12,460
0.95
4.75
12,518
Notes:
(1) New Taiwan Dollars have been translated into U.S. Dollars at the September 30, 2013 exchange rate of NT $29.62 per U.S. Dollar.
All figures are prepared in accordance with TIFRSs.
(2) 1 ADS equals 5 common shares.
Financial Table 3/4
UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES
Consolidated Condensed Statement of Cash Flows
For The Nine-Month Period Ended September 30, 2013
Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$)
USD
Cash flows from operating activities :
Net income before tax
Depreciation & Amortization
Share of profit of associates and joint ventures
Impairment loss on financial assets
Gain on disposal of investments
Bargain purchase gain
Exchange loss on financial assets and liabilities
Exchange loss on long-term liabilities
Changes in assets, liabilities and others
Net cash provided by operating activities
NTD
448
974
(18)
22
(41)
(242)
7
6
(57)
1,099
13,279
28,864
(527)
660
(1,210)
(7,154)
198
163
(1,711)
32,562
Cash flows from investing activities :
Proceeds from disposal of available-for-sale financial assets
Acquisition of financial assets measured at cost
Proceeds from capital reduction and liquidation of investment
Acquisition of subsidiaries (net of cash acquired)
Acquisition of property, plant and equipment
Proceeds from disposal of property, plant and equipment
Acquisition of intangible assets
Others
Net cash used in investing activities
70
(28)
9
89
(849)
18
(87)
(25)
(803)
2,060
(834)
273
2,641
(25,161)
534
(2,568)
(723)
(23,778)
Cash flows from financing activities :
Decrease in short-term loans
Proceeds from bonds issued
Proceeds from long-term loans
Repayments of long-term loans
Cash dividends
Treasury stock acquired
Acquisition of subsidiaries
Others
Net cash used in financing activities
(26)
338
266
(370)
(171)
(76)
(10)
11
(38)
(761)
10,000
7,887
(10,969)
(5,061)
(2,245)
(303)
315
(1,137)
3
261
96
7,743
Cash and cash equivalents at beginning of period
1,438
42,593
Cash and cash equivalents at end of period
1,699
50,336
Effect of exchange rate changes on cash and cash equivalents
Net increase in cash and cash equivalents
Note: New Taiwan Dollars have been translated into U.S. Dollars at the September 30, 2013 exchange rate of NT $29.62 per U.S. Dollar.
All figures are prepared in accordance with TIFRSs.
Financial Table 4/4