UNITED MICROELECTRONICS CORPORATION Condensed Unconsolidated Balance Sheet As of December 31, 2011 Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) US$ December 31, 2011 NT$ % 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 1,019 23 169 413 346 38 2,008 30,829 696 5,125 12,502 10,479 1,134 60,765 11.9% 0.3% 2.0% 4.8% 4.1% 0.4% 23.5% Non-Current Assets Funds and Investments Property, Plant and Equipment, net Other Assets Total Non-Current Assets TOTAL ASSETS 1,979 4,328 221 6,528 8,536 59,876 130,951 6,701 197,528 258,293 23.2% 50.7% 2.6% 76.5% 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 150 25 665 194 15 1,049 4,547 742 20,123 5,881 456 31,749 1.8% 0.3% 7.8% 2.3% 0.1% 12.3% Non-Current Liabilities Bonds Payable Long-term Loans Other Liabilities Total Non-Current Liabilities TOTAL LIABILITIES 396 106 120 622 1,671 11,984 3,219 3,604 18,807 50,556 4.6% 1.2% 1.5% 7.3% 19.6% 4,324 1,535 1,212 130,845 46,461 36,654 50.6% 18.0% 14.2% (206) 6,865 8,536 (6,223) 207,737 258,293 (2.4%) 80.4% 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, 2011 exchange rate of NT $30.26 per U.S. Dollar. All figures are in ROC GAAP. Financial Table 1/4 UNITED MICROELECTRONICS CORPORATION Condensed Unconsolidated Income Statement Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) Except Per Share and Per ADS Data Year over Year Comparison Net Sales Cost of Goods Sold Net Gross Profit Operating Expenses - Sales & Marketing - General & Administrative - Research & Development Operating Income Net Non-Operating Income Income from Continuing Operations before Income Tax Quarter over Quarter Comparison Three-Month Period Ended December 31, 2011 December 31, 2010 US$ NT$ US$ NT$ 807 24,425 1,035 31,319 (657) (19,875) (703) (21,267) 150 4,550 332 10,052 18.6% 18.6% 32.1% 32.1% (27) (20) (75) (122) 28 3.4% (822) (601) (2,287) (3,710) 840 3.4% (16) (24) (74) (114) 218 21.1% (486) (732) (2,234) (3,452) 6,600 21.1% % Chg. (22.0%) (6.5%) (54.7%) 69.1% (17.9%) 2.4% 7.5% (87.3%) Three-Month Period Ended December 31, 2011 September 30, 2011 US$ NT$ US$ NT$ 807 24,425 832 25,187 (657) (19,875) (667) (20,203) 150 4,550 165 4,984 18.6% 18.6% 19.8% 19.8% (27) (20) (75) (122) 28 3.4% (822) (601) (2,287) (3,710) 840 3.4% (18) (21) (75) (114) 51 6.1% (535) (630) (2,284) (3,449) 1,535 6.1% % Chg. (3.0%) (1.6%) (8.7%) 53.6% (4.6%) 0.1% 7.6% (45.3%) 5 149 14 426 (65.0%) 5 149 14 445 (66.5%) 33 4.1% 989 4.1% 232 22.4% 7,026 22.4% (85.9%) 33 4.1% 989 4.1% 65 7.9% 1,980 7.9% (50.1%) Income Tax Expense Net Income (0) 33 4.0% (9) 980 4.0% (20) 212 20.5% (602) 6,424 20.5% (98.5%) (84.7%) (0) 33 4.0% (9) 980 4.0% (0) 65 7.8% (26) 1,954 7.8% (65.4%) (49.8%) Earnings per Share (2) Earnings per ADS Weighted Average Number of Shares Outstanding (in millions) 0.003 0.013 0.08 0.40 0.017 0.086 0.52 2.60 0.003 0.013 0.08 0.40 0.005 0.026 0.16 0.80 12,609 12,451 12,609 12,606 Note: (1) New Taiwan Dollars have been translated into U.S. Dollars at the December 31, 2011 exchange rate of NT $ 30.26 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 Millions 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, 2011 US$ NT$ % 807 24,425 100.0% (657) (19,875) (81.4%) 150 4,550 18.6% (27) (20) (75) (122) 28 (822) (601) (2,287) (3,710) 840 For the Twelve-Month Period Ended December 31, 2011 US$ NT$ % 3,499 105,880 100.0% (2,706) (81,885) (77.3%) 793 23,995 22.7% (3.4%) (2.4%) (9.4%) (15.2%) 3.4% (79) (82) (297) (458) 335 (2,394) (2,487) (8,976) (13,857) 10,138 (2.3%) (2.3%) (8.5%) (13.1%) 9.6% Net Non-Operating Income Income from Continuing Operations before Income Tax 5 149 0.7% 41 1,228 1.1% 33 989 4.1% 376 11,366 10.7% Income Tax Expense Net Income (0) 33 (9) 980 (0.1%) 4.0% (25) 351 (756) 10,610 (0.7%) 10.0% Earnings per Share Earnings per ADS (2) Weighted Average Number of Shares Outstanding (in millions) 0.003 0.013 0.08 0.40 0.028 0.139 12,609 0.84 4.20 12,561 Note: (1) New Taiwan Dollars have been translated into U.S. Dollars at the December 31, 2011 exchange rate of NT $ 30.26 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 Twelve-Month Period Ended December 31, 2011 Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) USD Cash flows from operating activities : Net Income Depreciation & Amortization Bad debt Donation Income Loss on decline in market value, scrap and obsolescence of inventories Cash dividends received under the equity method Investment loss accounted for under the equity method Gain on valuation of financial assets and liabilities Impairment loss Gain on disposal of investments Gain on disposal of property, plant and equipment Gain on disposal of non-current assets held for sale Exchange loss on financial assets and liabilities Exchange loss on long-term liabilities Amortization of bond discounts Gain on reacquisition of bonds Amortization of deferred income Stock-based payment Changes in assets, liabilities and others Net cash provided by operating activities Cash flows from investing activities : 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 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 flows from financing activities : Increase in short-term loans Proceeds from long-term loans Repayments of long-term loans Acquisition of bonds Proceeds from bonds issued Bonds issue cost Cash dividends Exercise of employee stock options Proceeds from disposal of treasury stock Increase in deposits-in Net cash provided by financing activities Effect of exchange rate changes on cash and cash equivalents Net increase in cash and cash equivalents NTD 351 1,008 8 (23) 23 19 111 (34) 9 (7) (1) (6) 3 6 10 (6) (3) 26 (0) 1,494 10,610 30,509 248 (692) 687 585 3,382 (1,014) 283 (199) (30) (193) 79 189 300 (167) (96) 794 (57) 45,218 6 (6) 2 (178) 4 (1,533) 1 19 (12) (15) (1,712) 174 (196) 52 (5,386) 111 (46,400) 44 577 (357) (433) (51,814) 62 93 (13) (57) 477 (2) (464) 33 0 3 132 1,875 2,800 (387) (1,726) 14,423 (67) (14,034) 1,004 15 80 3,983 16 (70) 507 (2,106) Cash and cash equivalents at beginning of period 1,089 32,935 Cash and cash equivalents at end of period 1,019 30,829 Note: New Taiwan Dollars have been translated into U.S. Dollars at the December 31, 2011 exchange rate of NT $30.26 per U.S. Dollar. All figures are in ROC GAAP. Financial Table 4/4