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UNITED MICROELECTRONICS CORPORATION | |||||||||||
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Condensed Unconsolidated Income Statement | |||||||||||
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Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) | |||||||||||
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Except Per Share and Per ADS Data | |||||||||||
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For the Three-Month Period Ended |
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For the Six-Month Period Ended | ||||||||
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June 30, 2012 |
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June 30, 2012 | ||||||||
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US$ |
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NT$ |
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% |
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US$ |
|
NT$ |
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% |
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Net Sales |
925 |
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27,620 |
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100.0% |
|
1,720 |
|
51,385 |
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100.0% |
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Cost of Goods Sold |
(699) |
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(20,880) |
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(75.6%) |
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(1,342) |
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(40,095) |
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(78.0%) |
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Net Gross Profit |
226 |
|
6,740 |
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24.4% |
|
378 |
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11,290 |
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22.0% |
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Operating Expenses |
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- Sales & Marketing |
(16) |
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(492) |
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(1.8%) |
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(34) |
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(1,001) |
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(1.9%) |
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- General & Administrative |
(21) |
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(626) |
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(2.3%) |
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(39) |
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(1,178) |
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(2.3%) |
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- Research & Development |
(82) |
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(2,440) |
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(8.8%) |
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(154) |
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(4,605) |
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(9.0%) |
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|
(119) |
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(3,558) |
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(12.9%) |
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(227) |
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(6,784) |
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(13.2%) |
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Operating Income |
107 |
|
3,182 |
|
11.5% |
|
151 |
|
4,506 |
|
8.8% |
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Net Non-Operating Income (Expenses) |
8 |
|
261 |
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1.0% |
|
14 |
|
430 |
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0.8% |
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Income from Continuing Operations before
|
115 |
|
3,443 |
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12.5% |
|
165 |
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4,936 |
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9.6% |
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Income Tax Expense |
(15) |
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(453) |
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(1.7%) |
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(20) |
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(611) |
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(1.2%) |
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Net Income |
100 |
|
2,990 |
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10.8% |
|
145 |
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4,325 |
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8.4% |
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Earnings per Share |
0.008 |
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0.24 |
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0.011 |
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0.34 |
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Earnings per ADS (2) |
0.040 |
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1.20 |
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0.057 |
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1.70 |
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Weighted Average Number of Shares
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12,622 |
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12,617 |
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Notes: |
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(1) New Taiwan Dollars have been translated into U.S. Dollars at the June 30, 2012 exchange rate of NT $ 29.87 per U.S. Dollar. |
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All figures are in ROC GAAP. | |||||||||||
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(2) 1 ADS equals 5 common shares. | |||||||||||
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UNITED MICROELECTRONICS CORPORATION | ||||
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Condensed Unconsolidated Statement of Cash Flows | ||||
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For The Six-Month Period Ended June 30, 2012 | ||||
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Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) | ||||
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USD |
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NTD |
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Cash flows from operating activities : |
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Net Income |
145 |
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4,325 |
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Depreciation & Amortization |
534 |
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15,949 |
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Gain on recovery in bad debt |
(0) |
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(0) |
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Gain on recovery in market value and obsolescence of inventories |
(11) |
|
(315) |
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Investment lossaccounted for under the equity method |
22 |
|
646 |
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Gain on valuation of financial assets and liabilities |
(1) |
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(24) |
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Impairment loss |
1 |
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21 |
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Gain on disposal of investments |
(15) |
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(445) |
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Gain on disposal of property, plant and equipment |
(0) |
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(11) |
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Exchange gain on financial assets and liabilities |
(2) |
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(57) |
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Exchange gain on long-term liabilities |
(3) |
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(78) |
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Amortization of bond discounts |
6 |
|
171 |
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Amortization of deferred income |
(1) |
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(41) |
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Stock-based payment |
6 |
|
174 |
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Exchange gain on capital reduction of long-term investments accounted for under the
|
(10) |
|
(311) |
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Changes in assets, liabilities and others |
(10) |
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(251) |
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Net cash provided by operating activities |
661 |
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19,753 |
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Cash flows from investing activities : |
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Proceeds from disposal of available-for-sales financial assets |
25 |
|
758 |
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Acquisition of long-term investments accounted for under the equity method |
(1) |
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(16) |
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Proceeds from liquidation of long-term investments |
80 |
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2,376 |
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Acquisition of property, plant and equipment |
(903) |
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(26,983) |
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Proceeds from disposal of property, plant and equipment |
0 |
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11 |
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Increase in deferred charges |
(13) |
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(404) |
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Increase in other assets - others |
(32) |
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(945) |
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Net cash used in investing activities |
(844) |
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(25,203) |
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Cash flows from financing activities : |
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Decrease in short-term loans |
(70) |
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(2,098) |
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Proceeds from long-term loans |
150 |
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4,500 |
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Repayments of long-term loans |
(40) |
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(1,192) |
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Proceeds from bonds issued |
335 |
|
10,000 |
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Bonds issue cost |
(0) |
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(9) |
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Exercise of employee stock options |
4 |
|
118 |
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Proceeds from disposal of treasury stock |
0 |
|
4 |
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Increase in deposits-in |
0 |
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0 |
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Net cash providedby financing activities |
379 |
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11,323 |
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Effect of exchange rate changes on cash and cash equivalents |
(4) |
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(137) |
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Net increase in cash and cash equivalents |
192 |
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5,736 |
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Cash and cash equivalents at beginning of period |
1,032 |
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30,829 |
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Cash and cash equivalents at end of period |
1,224 |
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36,565 |
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Note: New Taiwan Dollars have been translated into U.S. Dollars at the June 30, 2012 exchange rate of NT $ 29.87 per U.S. Dollar. | ||||
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All figures are in ROC GAAP. | ||||
