Amounts in US$ thousands |
2Q13 |
1Q13 |
Net cash generated from operating activities |
108,360 |
154,638 |
Net cash used in investing activities |
(242,559) |
(82,628) |
Net cash generated from (used in) financing activities |
104,167 |
(137,503) |
Effect of exchange rate changes |
55 |
(65) |
Net change in cash |
(29,977) |
(65,558) |
Capex Summary
- Capital expenditures for 2Q13 were $301.8 million.
- The planned 2013 capital expenditures for our foundry operation are $675 million.
- In addition, the Company has budgeted capital expenditures of another $130 million in 2013 for the construction of living quarters for employees as part of the employee retention program. The Company plans to either rent out or sell these living quarter units to employees in the future.
Recent Highlights and Announcements
- Notification of Board Meeting (2013-07-19)
- Grant of Options (2013-06-18)
- List of Directors and Their Roles and Functions (2013-06-18)
- Appointment of Independent Non-executive Director and Redesignation of Director (2013-06-18)
- List of Directors and Their Roles and Functions (2013-06-13)
- (1) Poll Results of the Annual General Meeting Held on 13 June, 2013 (2) Retirement of Independent Non-executive Director (2013-06-13)
- Grant of Options (2013-06-11)
- Establishment of a Joint Venture in Beijing, the PRC (2013-06-03)
- SMIC's 2013 Advanced Technology Workshop Held in Shanghai Focusing on 40nm and 28nm Technology Offerings (2013-05-30)
- Closure of Register of Members (2013-05-23)
- Circulars - Notification Letter and Request Form to Non-registered Holders (2013-05-10)
- Circulars - Notification Letter to Registered Shareholders (2013-05-10)
- Proxy Forms - Form of Proxy for Use at the Annual General Meeting to be Held on 13 June 2013 (2013-05-10)
- Circulars - (1) Notice of Annual General Meeting (2) Re-election of Directors (3) Proposed General Mandates to Issue and Repurchase Shares (4) Adoption of New Share Plans and (5)Termination of Existing Share Plans (2013-05-10)
- Notice of Annual General Meeting (2013-05-10)
- Grant of Options (2013-05-07)
- SMIC Appoints Dr. Atsushi Hori as General Manager of SMIC Japan (2013-05-07)
- Circulars - Letter and Reply Form to New Registered Shareholder - Election of Means of Receipt of Corporate Communication (2013-04-29)
- Circulars - Notification Letter and Request Form to Non-registered Holders (2013-04-29)
- Circulars - Notification Letter and Change Request Form to Registered Holders (2013-04-29)
- Appointment of Chief Operating Officer (2013-04-26)
- SMIC Reports Unaudited Results for the Three Months Ended March 31, 2013 (2013-04-24)
- SMIC Donates 2 Million Chinese Yuan to Fund Liver Transplants for Disadvantaged Children (2013-04-12)
- Notification of Board Meeting (2013-04-03)
Please visit SMIC's website at http://www.smics.com/eng/press/press_releases.php and http://www.smics.com/eng/investors/ir_filings.php for further details regarding the recent announcements.
Semiconductor Manufacturing International Corporation | ||||
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | ||||
(In US$ thousands except share data) | ||||
| ||||
|
|
For the three months ended | ||
|
|
June 30, 2013 |
|
March 31, 2013 |
|
|
(Unaudited) |
|
(Unaudited) |
|
|
|
|
|
Revenue |
|
541,302 |
|
501,609 |
Cost of sales |
|
(406,075) |
|
(403,321) |
Gross profit |
|
135,227 |
|
98,288 |
Research and development |
|
(36,736) |
|
(24,758) |
General and administration expenses |
|
(42,636) |
|
(34,203) |
Sales and marketing expenses |
|
(9,775) |
|
(8,254) |
Other operating income |
|
33,052 |
|
20,248 |
Profit from operation |
|
79,132 |
|
51,321 |
Other expense, net |
|
(3,292) |
|
(8,273) |
Profit before tax |
|
75,840 |
|
43,048 |
Income tax expense |
|
(510) |
|
(2,536) |
Profit for the period |
|
75,330 |
|
40,512 |
Other comprehensive income |
|
|
|
|
Item that may be reclassified subsequently to profit or loss |
|
|
|
|
Exchange differences on translating foreign operations |
|
278 |
|
43 |
Total comprehensive income for the period |
|
75,608 |
|
40,555 |
Profit for the period attributable to: |
|
|
|
|
Owners of the Company |
|
75,401 |
|
40,604 |
Non-controlling interests |
|
(71) |
|
(92) |
|
|
75,330 |
|
40,512 |
Total comprehensive income for the period attributable to: |
|
|
|
|
Owners of the Company |
|
75,679 |
|
40,647 |
Non-controlling interests |
|
(71) |
|
(92) |
|
|
75,608 |
|
40,555 |
|
|
|
|
|
Earnings per share attributable to Semiconductor Manufacturing
|
|
0.00 |
|
0.00 |
Earnings per ADS attributable to Semiconductor Manufacturing
|
|
0.12 |
|
0.06 |
|
|
|
|
|
Shares used in calculating basic earnings per share |
|
32,051,257,487 |
|
32,014,142,052 |
Shares used in calculating diluted earnings per share |
|
32,311,620,628 |
|
32,182,139,336 |