(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD) (1)
Except for Per Share Amounts and Shares Outstanding)
3Q 2009 2Q 2009
USD NTD % NTD %
Net Sales $2,742 $89,936 100.0 $74,212 100.0
Cost of Sales (1,435) (47,078) (52.3) (39,916) (53.8)
Gross Profit 1,307 42,858 47.7 34,296 46.2
Operating Expenses
Research and Development
Expenses (189) (6,202) (6.9) (5,096) (6.9)
General and Administrative
Expenses (108) (3,541) (3.9) (2,881) (3.8)
Sales and Marketing Expenses (35) (1,131) (1.3) (1,192) (1.6)
Total Operating Expenses (332) (10,874) (12.1) (9,169) (12.3)
Income from Operations 975 31,984 35.6 25,127 33.9
Non-Operating Income, Net 16 519 0.5 1,156 1.6
Investment Gains 14 454 0.5 106 0.1
Income before Income Tax 1,005 32,957 36.6 26,389 35.6
Income Tax Expenses (70) (2,285) (2.5) (1,943) (2.7)
Net Income 935 30,672 34.1 24,446 32.9
Minority Interests (3) (121) (0.1) (4) --
Net Income Attributable to
Shareholders of the Parent 932 30,551 34.0 24,442 32.9
Earnings per Share - Diluted $0.04 $1.18 -- $0.94 --
Earnings per ADR - Diluted (2) $0.18 $5.88 -- $4.71 --
Weighted Average Outstanding
Shares - Diluted ('M) (3) -- 25,984 -- 25,944 --
Note:
(1) Amounts in New Taiwan dollars have been translated into U.S.
dollars at the weighted average rate of NTD32.797 for the third
quarter of 2009.
(2) 1 ADR equals 5 ordinary shares.
(3) Total diluted weighted average outstanding shares were 26,070M
shares for 3Q08 after the retroactive adjustments for stock dividends
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES
Unaudited Consolidated Condensed Income Statements
For the Three Months Ended September 30, 2009, June 30, 2009,
September 30, 2008
(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD) (1)
Except for Per Share Amounts and Shares Outstanding) (Continued)
3Q 2008 QoQ YoY
NTD % Amount % Amount %
Net Sales $92,979 100.0 $15,724 21.2 ($3,043) (3.3)
Cost of Sales (49,885) (53.7) (7,162) 17.9 2,807 (5.6)
Gross Profit 43,094 46.3 8,562 25.0 (236) (0.5)
Operating Expenses
Research and
Development Expenses (5,981) (6.4) (1,106) 21.7 (221) 3.7
General and
Administrative
Expenses (2,979) (3.2) (660) 22.9 (562) 18.9
Sales and Marketing
Expenses (1,217) (1.3) 61 (5.1) 86 (7.0)
Total Operating Expenses (10,177) (10.9) (1,705) 18.6 (697) 6.9
Income from Operations 32,917 35.4 6,857 27.3 (933) (2.8)
Non-Operating Income, Net 1,328 1.4 (637) (55.1) (809) (60.9)
Investment Gains 185 0.2 348 328.8 269 144.5
Income before Income Tax 34,430 37.0 6,568 24.9 (1,473) (4.3)
Income Tax Expenses (3,658) (3.9) (342) 17.6 1,373 (37.5)
Net Income 30,772 33.1 6,226 25.5 (100) (0.3)
Minority Interests (198) (0.2) (117) 3055.4 77 (38.8)
Net Income Attributable
to Shareholders of
the Parent 30,574 32.9 6,109 25.0 (23) (0.1)
Earnings per Share -
Diluted $1.17 -- $0.24 24.8 $0.01 0.3
Earnings per ADR -
Diluted (2) $5.86 -- $1.17 24.8 $0.02 0.3
Weighted Average
Outstanding Shares -
Diluted ('M) (3) 26,070 -- -- -- -- --
Note:
(1) Amounts in New Taiwan dollars have been translated into U.S.
dollars at the weighted average rate of NTD32.797 for the third
quarter of 2009.
(2) 1 ADR equals 5 ordinary shares.
(3) Total diluted weighted average outstanding shares were 26,070M
shares for 3Q08 after the retroactive adjustments for stock dividends
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES
Audited Consolidated Condensed Income Statements
For the Nine Months Ended September 30, 2009 and 2008 
