UNITED MICROELECTRONICS CORPORATION Condensed Unconsolidated Balance Sheet As of December 31, 2010 Figures in Million of New Taiwan Dollars (NT$) and U.S. Dollars (US$) December 31, 2010 NT$ 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 1,133 39 242 567 385 59 2,425 32,935 1,140 7,045 16,500 11,198 1,717 70,535 12.5% 0.4% 2.7% 6.3% 4.3% 0.6% 26.8% Non-Current Assets Funds and Investments Property, Plant and Equipment, net Other Assets Total Non-Current Assets TOTAL ASSETS 2,353 4,070 208 6,631 9,056 68,415 118,352 6,059 192,826 263,361 26.0% 44.9% 2.3% 73.2% 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 90 78 994 184 17 1,363 2,622 2,255 28,909 5,361 493 39,640 1.0% 0.9% 11.0% 2.0% 0.2% 15.1% Non-Current Liabilities Long-term Loans Other Liabilities Total Non-Current Liabilities TOTAL LIABILITIES 31 120 151 1,514 901 3,483 4,384 44,024 0.3% 1.3% 1.6% 16.7% 4,466 1,549 1,741 129,879 45,049 50,632 49.3% 17.1% 19.3% (214) 7,542 9,056 (6,223) 219,337 263,361 (2.4%) 83.3% 100.0% STOCKHOLDERS' EQUITY Capital Stock Additional Paid-in Capital Retained Earnings, Unrealized Gain or Loss on Financia Instruments and Cumulative Translation Adjustment Treasury Stock TOTAL STOCKHOLDERS' EQUITY TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY Note ： New Taiwan Dollars have been translated into U.S. Dollars at the December 31, 2010 exchange rate of NT $29.08 per U.S. Dollar. All figures are in ROC GAAP. Financial Table 1/4 UNITED MICROELECTRONICS CORPORATION Condensed Unconsolidated Income Statement Figures in Million of New Taiwan Dollars (NT$) and U.S. Dollars (US$) Except Per Share and Per ADS Data Year over Year Comparison Net Sales Cost of Goods Sold Net Gross Profit Operating Expenses - Sales & Marketing - General & Administrative - Research & Development Operating Income Net Non-Operating Income (Expenses) Income from Continuing Operations before Income Tax Income Tax Expense Net Income Earnings per Share (2) Earnings per ADS Weighted Average Number of Shares Outstanding (in millions) Quarter over Quarter Comparison Three-Month Period Ended December 31, 2010 December 31, 2009 US$ NT$ US$ NT$ 1,077 31,319 954 27,746 (731) (21,267) (707) (20,567) 346 10,052 247 7,179 32.1% 32.1% 25.9% 25.9% (17) (25) (77) (119) 227 21.1% (486) (732) (2,234) (3,452) 6,600 21.1% (22) (22) (74) (118) 129 13.5% (654) (644) (2,137) (3,435) 3,744 13.5% 15 426 24 700 242 22.4% 7,026 22.4% 153 16.0% 4,444 16.0% (21) 221 20.5% (602) 6,424 20.5% (2) 151 15.8% (48) 4,396 15.8% 0.018 0.089 0.52 2.60 0.012 0.060 0.35 1.75 12,451 % Chg. 12.9% 3.4% 40.0% (25.7%) 13.7% 4.5% 0.5% 76.3% Three-Month Period Ended December 31, 2010 September 30, 2010 US$ NT$ US$ NT$ 1,077 31,319 1,123 32,652 (731) (21,267) (757) (22,004) 346 10,052 366 10,648 32.1% 32.1% 32.6% 32.6% (17) (25) (77) (119) 227 21.1% (39.1%) (486) (732) (2,234) (3,452) 6,600 21.1% (19) (24) (76) (119) 247 22.0% % Chg. (4.1%) (3.3%) (5.6%) (567) (692) (2,202) (3,461) 7,187 22.0% (14.3%) 5.8% 1.5% (0.3%) (8.2%) 15 426 67 1,937 (78.0%) 58.1% 242 22.4% 7,026 22.4% 314 27.9% 9,124 27.9% (23.0%) 100.0% 46.1% (21) 221 20.5% (602) 6,424 20.5% (14) 300 26.7% (404) 8,720 26.7% 49.0% (26.3%) 0.018 0.089 0.52 2.60 0.024 0.120 0.70 3.50 12,687 12,451 12,450 Notes: (1) New Taiwan Dollars have been translated into U.S. Dollars at the December 31, 2010 exchange rate of NT $29.08 per U.S. Dollar. All figures are in ROC GAAP. (2) 1 ADS equals 5 common shares. Financial Table 2/4 UNITED MICROELECTRONICS CORPORATION Condensed Unconsolidated Income Statement Figures in Million of New Taiwan Dollars (NT$) and U.S. Dollars (US$) Except Per Share and Per ADS Data Net Sales Cost of Goods Sold Net Gross Profit Operating Expenses - Sales & Marketing - General & Administrative - Research & Development Operating Income For the Three-Month Period Ended December 31, 2010 US$ NT$ % 1,077 31,319 100.0% (731) (21,267) (67.9%) 346 10,052 32.1% (17) (25) (77) (119) 227 (486) (732) (2,234) (3,452) 6,600 For the Year Ended December 31, 2010 US$ NT$ 4,141 120,431 (2,901) (84,367) 1,240 36,064 % 100.0% (70.1%) 29.9% (1.6%) (2.3%) (7.1%) (11.0%) 21.1% (74) (93) (295) (462) 778 (2,152) (2,705) (8,579) (13,436) 22,628 (1.8%) (2.2%) (7.1%) (11.1%) 18.8% Net Non-Operating Income (Expenses) Income from Continuing Operations before Income Tax 15 426 1.3% 93 2,690 2.2% 242 7,026 22.4% 871 25,318 21.0% Income Tax Expense Income from Continuing Operations Extraordinary Gain Net Income (21) 221 221 (602) 6,424 6,424 (1.9%) 20.5% 20.5% (51) 820 2 822 (1,488) 23,830 69 23,899 (1.2%) 19.8% 0.0% 19.8% Earnings per Share Earnings per ADS (2) Weighted Average Number of Shares Outstanding (in millions) 0.018 0.089 0.52 2.60 12,451 0.066 0.328 1.91 9.55 12,496 Notes: (1) New Taiwan Dollars have been translated into U.S. Dollars at the December 31, 2010 exchange rate of NT $29.08 per U.S. Dollar. All figures are in ROC GAAP. (2) 1 ADS equals 5 common shares. Financial Table 3/4 UNITED MICROELECTRONICS CORPORATION Condensed Unconsolidated Statement of Cash Flows For The Year Ended December 31, 2010 Figures in Million of New Taiwan Dollars (NT$) and U.S. Dollars (US$) USD Cash flows from operating activities : Net Income Extraordinary gain Depreciation & Amortization Loss on decline in market value and obsolescence of inventories Cash dividends received under the equity method Investment gain accounted for under the equity method Loss on valuation of financial assets and liabilities Gain on disposal of investments Gain on disposal of property, plant and equipment Exchange gain on financial assets and liabilities Exchange gain on long-term liabilities Amortization of bond discounts Amortization of deferred income Stock-based payment Changes in assets, liabilities and others Net cash provided by operating activities NTD 822 (3) 1,038 1 10 (20) 31 (39) (2) (10) (17) 8 (5) 22 68 1,904 23,899 (82) 30,187 29 299 (582) 891 (1,126) (44) (314) (499) 227 (146) 645 1,979 55,363 (3) 85 (1) 3 (154) 1 0 (2,004) 2 14 (12) (3) (2,072) (92) 2,469 (18) 84 (4,482) 38 14 (58,275) 68 401 (365) (109) (60,267) Cash flows from financing activities : Increase in short-term loans Proceeds from long-term loans Repayments of long-term loans Redemption of bonds Cash dividends Exercise of employee stock options Purchase of treasury stock Treasury stock sold to employees Proceeds from disposal of treasury stock Increase in deposits-in Net cash used by financing activities 97 17 (1) (258) (214) 0 (167) 18 1 0 (507) 2,820 500 (33) (7,500) (6,233) 3 (4,844) 510 27 11 (14,739) Effect of exchange rate changes on cash and cash equivalents Net decrease in cash and cash equivalents (8) (683) (214) (19,857) Cash flows from investing activities : Acquisition of Trading financial assets Proceeds from disposal of available-for-sales financial assets Acquisition of financial assets measured at cost Proceed from sale of financial assets measured at cost Acquisition of long-term investments accounted for under the equity method Proceeds from disposal of long-term investments accounted for the equity method Proceeds from liquidation of long-term investments Acquisition of property, plant and equipment Proceeds from disposal of property, plant and equipment Proceeds from disposal of non-current assets held for sale Increase in deferred charges Increase in other assets - others Net cash used in investing activities Cash and cash equivalents at beginning of period 1,816 52,792 Cash and cash equivalents at end of perio 1,133 32,935 Note: New Taiwan Dollars have been translated into U.S. Dollars at the December 31, 2010 exchange rate of NT $29.08 per U.S. Dollar. All figures are in ROC GAAP. Financial Table 4/4