Earnings per ordinary share for the quarter were NT$0.19. Earnings per ADS were US$0.032. The basic weighted average number of outstanding shares in 3Q12 was 12,628,658,938, compared with 12,621,506,549 shares in 2Q12 and 12,606,278,572 shares in 3Q11. The diluted weighted average number of outstanding shares was 13,309,367,195 in 3Q12, compared with 13,469,988,568 shares in 2Q12 and 13,378,728,208 shares in 3Q11. The fully diluted share count on September 30, 2012 was approximately 14,077,180,000. On September 30, 2012, UMC held 300 million treasury shares acquired from the 14th share buy-back programs.
Detailed Financials Section
Revenue increased 3.3% QoQ to NT$28.53 billion from NT$27.62 billion in 2Q12, mainly due to increased average selling price from rising 40nm revenue contribution. Depreciation within COGS increased slightly due to new capacity added to Fab 12A. General and Administration expenses decreased to NT$515 million, mainly due to the drop of employee bonus accrual adjustment. R&D expense declined as a result of lowered mask usage due to several advanced technology programs having already started in 2Q12. The total R&D expense was 7.8% of revenue in 3Q12.
|
COGS & Expenses | |||||
|
(Amount: NT$ million) |
3Q12 |
2Q12 |
QoQ %
|
3Q11 |
YoY %
|
|
Revenue |
28,525 |
27,620 |
3.3 |
25,187 |
13.3 |
|
COGS |
(21,675) |
(20,880) |
3.8 |
(20,203) |
7.3 |
|
Depreciation |
(7,122) |
(6,932) |
2.7 |
(6,622) |
7.6 |
|
Other Mfg. Costs |
(14,553) |
(13,948) |
4.3 |
(13,581) |
7.2 |
|
Gross Profit |
6,850 |
6,740 |
1.6 |
4,984 |
37.4 |
|
Gross Margin (%) |
24.0% |
24.4% |
|
19.8% |
|
|
Total Operating Exp. |
(3,238) |
(3,558) |
(9.0) |
(3,449) |
(6.1) |
|
G&A |
(515) |
(626) |
(17.7) |
(630) |
(18.3) |
|
Sales & Marketing |
(504) |
(492) |
2.4 |
(535) |
(5.8) |
|
R&D |
(2,219) |
(2,440) |
(9.1) |
(2,284) |
(2.8) |
|
Operating Income |
3,612 |
3,182 |
13.5 |
1,535 |
135.3 |
