UMC Reports Third Quarter 2016 Results

Current liabilities increased to NT$83.44 billion, primarily reflecting an increase in short-term credit, offset by cash dividend payment. Long-term investment liabilities increased to NT$20.54 billion, mostly reflecting the capital injection for United Semiconductor (Xiamen) from non-UMC shareholders which increased long-term investment liabilities due to the share buy-back agreement. Total liabilities increased to NT$155.96 billion, leading to a debt to equity ratio of 71%.

Liabilities
(Amount: NT$ billion)   3Q16   2Q16   3Q15
Total Current Liabilities   83.44   80.05   44.47
Notes & Accounts Payable 6.74 7.58 6.34
Short-Term Credit / Bonds 47.05 33.48 8.84
Payable on Equipment 14.45 14.94 14.08
Dividends payable - 6.91 -
Other 15.20 17.14 15.21
Long-Term Credit / Bonds 39.68 40.47 47.79
Long-Term Investment Liabilities 20.54 18.80 6.24
Total Liabilities 155.96 148.15 105.21
Debt to Equity   71 %   67 %   47 %

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