|
| |||||||||||||||||||
|
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 |
|
Quarter over Quarter Comparison | ||||||||||||||||
|
|
Three-Month Period Ended |
|
|
|
Three-Month Period Ended |
|
| ||||||||||||
|
|
March 31, 2013 |
|
March 31, 2012 |
|
% |
|
March 31, 2013 |
|
December 31, 2012 |
|
% | ||||||||
|
|
US$ |
|
NT$ |
|
US$ |
|
NT$ |
|
Chg. |
|
US$ |
|
NT$ |
|
US$ |
|
NT$ |
|
Chg. |
|
Net Sales |
931 |
|
27,781 |
|
881 |
|
26,269 |
|
5.8% |
|
931 |
|
27,781 |
|
967 |
|
28,854 |
|
(3.7%) |
|
Cost of Goods Sold |
(780) |
|
(23,289) |
|
(746) |
|
(22,247) |
|
4.7% |
|
(780) |
|
(23,289) |
|
(859) |
|
(25,629) |
|
(9.1%) |
|
Net Gross Profit |
151 |
|
4,492 |
|
135 |
|
4,022 |
|
11.7% |
|
151 |
|
4,492 |
|
108 |
|
3,225 |
|
39.3% |
|
|
16.2% |
|
16.2% |
|
15.3% |
|
15.3% |
|
|
|
16.2% |
|
16.2% |
|
11.2% |
|
11.2% |
|
|
|
Operating Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- Sales & Marketing |
(26) |
|
(763) |
|
(24) |
|
(712) |
|
7.2% |
|
(26) |
|
(763) |
|
(19) |
|
(574) |
|
32.9% |
|
- General & Administrative |
(34) |
|
(1,019) |
|
(26) |
|
(779) |
|
30.8% |
|
(34) |
|
(1,019) |
|
(26) |
|
(783) |
|
30.1% |
|
- Research & Development |
(80) |
|
(2,396) |
|
(77) |
|
(2,300) |
|
4.2% |
|
(80) |
|
(2,396) |
|
(87) |
|
(2,593) |
|
(7.6%) |
|
|
(140) |
|
(4,178) |
|
(127) |
|
(3,791) |
|
10.2% |
|
(140) |
|
(4,178) |
|
(132) |
|
(3,950) |
|
5.8% |
|
Net Other Operating Income (Expenses) |
(1) |
|
(20) |
|
1 |
|
34 |
|
- |
|
(1) |
|
(20) |
|
(4) |
|
(125) |
|
(84.0%) |
|
Operating Income (Loss) |
10 |
|
294 |
|
9 |
|
265 |
|
10.9% |
|
10 |
|
294 |
|
(28) |
|
(850) |
|
- |
|
|
1.1% |
|
1.1% |
|
1.0% |
|
1.0% |
|
|
|
1.1% |
|
1.1% |
|
(2.9%) |
|
(2.9%) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Non-Operating Income (Expenses) |
243 |
|
7,249 |
|
34 |
|
1,008 |
|
100.0% |
|
243 |
|
7,249 |
|
46 |
|
1,380 |
|
100.0% |
|
Income from Continuing Operations before
|
253 |
|
7,543 |
|
43 |
|
1,273 |
|
100.0% |
|
253 |
|
7,543 |
|
18 |
|
530 |
|
100.0% |
|
|
27.2% |
|
27.2% |
|
4.8% |
|
4.8% |
|
|
|
27.2% |
|
27.2% |
|
1.8% |
|
1.8% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Tax Expense |
(38) |
|
(1,129) |
|
(7) |
|
(206) |
|
100.0% |
|
(38) |
|
(1,129) |
|
(4) |
|
(124) |
|
100.0% |
|
Net Income |
215 |
|
6,414 |
|
36 |
|
1,067 |
|
100.0% |
|
215 |
|
6,414 |
|
14 |
|
406 |
|
100.0% |
|
|
23.1% |
|
23.1% |
|
4.1% |
|
4.1% |
|
|
|
23.1% |
|
23.1% |
|
1.4% |
|
1.4% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Comprehensive Income |
51 |
|
1,542 |
|
58 |
|
1,729 |
|
(10.8%) |
|
51 |
|
1,542 |
|
(163) |
|
(4,865) |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Comprehensive Income |
266 |
|
7,956 |
|
94 |
|
2,796 |
|
100.0% |
|
266 |
|
7,956 |
|
(149) |
|
(4,459) |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stockholders of the parent |
221 |
|
6,593 |
|
43 |
|
1,294 |
|
100.0% |
|
221 |
|
6,593 |
|
25 |
|
739 |
|
100.0% |
|
Non-Controlling interests |
(6) |
|
(179) |
|
(7) |
|
(227) |
|
(21.1%) |
|
(6) |
|
(179) |
|
(11) |
|
(333) |
|
(46.2%) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stockholders of the parent |
272 |
|
8,119 |
|
102 |
|
3,029 |
|
100.0% |
|
272 |
|
8,119 |
|
(138) |
|
(4,124) |
|
- |
|
Non-Controlling interests |
(6) |
|
(163) |
|
(8) |
|
(233) |
|
(30.0%) |
|
(6) |
|
(163) |
|
(11) |
|
(335) |
|
(51.3%) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per Share |
0.017 |
|
0.52 |
|
0.003 |
|
0.10 |
|
|
|
0.017 |
|
0.52 |
|
0.002 |
|
0.06 |
|
|
|
Earnings per ADS (2) |
0.087 |
|
2.60 |
|
0.017 |
|
0.50 |
|
|
|
0.087 |
|
2.60 |
|
0.010 |
|
0.30 |
|
|
|
Weighted Average Number of Shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding (in millions) |
|
|
12,631 |
|
|
|
12,613 |
|
|
|
|
|
12,631 |
|
|
|
12,636 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) New Taiwan Dollars have been translated into U.S. Dollars at the March 31, 2013 exchange rate of NT $ 29.83 per U.S. Dollar. | |||||||||||||||||||
|
All figures are prepared in accordance with TIFRSs. | |||||||||||||||||||
|
(2) 1 ADS equals 5 common shares. | |||||||||||||||||||
|
| |||||||||||||||||||
|
| |||||||||||
|
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 | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Three-Month Period Ended |
|
For the Three-Month Period Ended | ||||||||
|
|
March 31, 2013 |
|
March 31, 2013 | ||||||||
|
|
US$ |
|
NT$ |
|
% |
|
US$ |
|
NT$ |
|
% |
|
Net Sales |
931 |
|
27,781 |
|
100.0% |
|
931 |
|
27,781 |
|
100.0% |
|
Cost of Goods Sold |
(780) |
|
(23,289) |
|
(83.8%) |
|
(780) |
|
(23,289) |
|
(83.8%) |
|
Net Gross Profit |
151 |
|
4,492 |
|
16.2% |
|
151 |
|
4,492 |
|
16.2% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
- Sales & Marketing |
(26) |
|
(763) |
|
(2.7%) |
|
(26) |
|
(763) |
|
(2.7%) |
|
- General & Administrative |
(34) |
|
(1,019) |
|
(3.7%) |
|
(34) |
|
(1,019) |
|
(3.7%) |
|
- Research & Development |
(80) |
|
(2,396) |
|
(8.6%) |
|
(80) |
|
(2,396) |
|
(8.6%) |
|
|
(140) |
|
(4,178) |
|
(15.0%) |
|
(140) |
|
(4,178) |
|
(15.0%) |
|
Net Other Operating Income (Expenses) |
(1) |
|
(20) |
|
(0.1%) |
|
(1) |
|
(20) |
|
(0.1%) |
|
Operating Income (Loss) |
10 |
|
294 |
|
1.1% |
|
10 |
|
294 |
|
1.1% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Non-Operating Income (Expenses) |
243 |
|
7,249 |
|
26.1% |
|
243 |
|
7,249 |
|
26.1% |
|
Income from Continuing Operations before
|
253 |
|
7,543 |
|
27.2% |
|
253 |
|
7,543 |
|
27.2% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Tax Expense |
(38) |
|
(1,129) |
|
(4.1%) |
|
(38) |
|
(1,129) |
|
(4.1%) |
|
Net Income |
215 |
|
6,414 |
|
23.1% |
|
215 |
|
6,414 |
|
23.1% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Comprehensive Income |
51 |
|
1,542 |
|
5.5% |
|
51 |
|
1,542 |
|
5.5% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Comprehensive Income |
266 |
|
7,956 |
|
28.6% |
|
266 |
|
7,956 |
|
28.6% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
Stockholders of the parent |
221 |
|
6,593 |
|
23.7% |
|
221 |
|
6,593 |
|
23.7% |
|
Non-Controlling interests |
(6) |
|
(179) |
|
(0.6%) |
|
(6) |
|
(179) |
|
(0.6%) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
Stockholders of the parent |
272 |
|
8,119 |
|
29.2% |
|
272 |
|
8,119 |
|
29.2% |
|
Non-Controlling interests |
(6) |
|
(163) |
|
(0.6%) |
|
(6) |
|
(163) |
|
(0.6%) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per Share |
0.017 |
|
0.52 |
|
|
|
0.017 |
|
0.52 |
|
|
|
Earnings per ADS (2) |
0.087 |
|
2.60 |
|
|
|
0.087 |
|
2.60 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Number of Shares
|
|
|
12,631 |
|
|
|
|
|
12,631 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes: |
|
|
|
|
|
|
|
|
|
|
|
|
(1) New Taiwan Dollars have been translated into U.S. Dollars at the March 31, 2013 exchange rate of NT $ 29.83 per U.S. Dollar. | |||||||||||
|
All figures are prepared in accordance with TIFRSs. | |||||||||||
|
(2) 1 ADS equals 5 common shares. | |||||||||||
|
| |||||||||||
|
| |||||||||||
|
| |||
|
UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES | |||
|
Consolidated Condensed Statement of Cash Flows | |||
|
For The Three-Month Period Ended March 31, 2013 | |||
|
Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) | |||
|
|
|
|
|
|
|
USD |
|
NTD |
|
Cash flows from operating activities : |
|
|
|
|
Net income before tax |
253 |
|
7,543 |
|
Depreciation & Amortization |
323 |
|
9,625 |
|
Share of profit of associates and joint ventures |
(6) |
|
(181) |
|
Impairment loss on financial assets |
5 |
|
163 |
|
Bargain purchase gain |
(239) |
|
(7,140) |
|
Exchange loss on financial assets and liabilities |
4 |
|
109 |
|
Exchange loss on long-term liabilities |
6 |
|
178 |
|
Changes in assets, liabilities and others |
(16) |
|
(441) |
|
Net cash provided by operating activities |
330 |
|
9,856 |
|
|
|
|
|
|
Cash flows from investing activities : |
|
|
|
|
Proceeds from disposal of available-for-sales financial assets |
4 |
|
133 |
|
Acquisition of financial assets measured at cost |
(13) |
|
(389) |
|
Acquisition of subsidiaries |
89 |
|
2,650 |
|
Acquisition of property, plant and equipment |
(241) |
|
(7,182) |
|
Acquisition of intangible assets |
(12) |
|
(362) |
|
Others |
(3) |
|
(98) |
|
Net cash used in investing activities |
(176) |
|
(5,248) |
|
|
|
|
|
|
Cash flows from financing activities : |
|
|
|
|
Decrease in short-term loans |
(43) |
|
(1,293) |
|
Proceeds from bonds issued |
335 |
|
10,000 |
|
Proceeds from long-term loans |
49 |
|
1,450 |
|
Repayments of long-term loans |
(120) |
|
(3,579) |
|
Treasury stockacquired |
(17) |
|
(519) |
|
Acquisition of non-contrlling interest |
(10) |
|
(285) |
|
Others |
(2) |
|
(45) |
|
Net cash providedby financing activities |
192 |
|
5,729 |
|
|
|
|
|
|
Effect of exchange rate changes on cash and cash equivalents |
17 |
|
494 |
|
Net increase in cash and cash equivalents |
363 |
|
10,831 |
|
|
|
|
|
|
Cash and cash equivalents at beginning of period |
1,428 |
|
42,593 |
|
|
|
|
|
|
Cash and cash equivalents at end of period |
1,791 |
|
53,424 |
|
|
|
|
|
|
|
|
|
|
|
Note: New Taiwan Dollars have been translated into U.S. Dollars at the March 31, 2013 exchange rate of NT $ 29.83 per U.S. Dollar. All figures are prepared in accordance with TIFRSs. | |||
|
| |||
