Figures in Million of New Taiwan Dollars (NT$) and U.S. Dollars (US$)
Except Per Share and Per ADS Data
Year over Year Comparison
Three-Month Period Ended
Mar 31, 2009 Mar 31, 2008 %
US$ NT$ US$ NT$ Chg.
Net Sales 319 10,838 707 24,003 (54.8%)
Cost of Goods Sold (447) (15,173) (600) (20,356) (25.5%)
Net Gross Profit (Loss) (128) (4,335) 107 3,647 (218.9%)
(40.0%) (40.0%) 15.2% 15.2% --
Operating Expenses
- Sales & Marketing 18 632 21 716 (11.7%)
- General & Administrative 15 529 18 636 (16.8%)
- Research & Development 54 1,821 60 2,034 (10.5%)
87 2,982 99 3,386 (11.9%)
Operating Income (Loss) (215) (7,317) 8 261 (2,903.4%)
(67.5%) (67.5%) 1.1% 1.1% --
Net Non-Operating Income
(Expenses) (25) (843) (0) (0) 93,566.7%
Income (Loss) from continuing
operations before income tax (240) (8,160) 8 261 (3,226.4%)
(75.3%) (75.3%) 1.1% 1.1% --
Income Tax (Expense) Benefit (0) (0) (2) (55) (100.0%)
Net Income (Loss) (240) (8,160) 6 206 (4,061.2%)
(75.3%) (75.3%) 0.9% 0.9% --
Earnings per Share (0.019) (0.64) 0.001 0.02 --
Earnings per ADS (2) (0.094) (3.20) 0.003 0.10 --
Weighted Average Number of
Shares Outstanding
(in millions) -- 12,767 -- 13,172 --
Note:
(1) New Taiwan Dollars have been translated into U.S. Dollars at the March
31, 2009 exchange rate of NT$33.95 per U.S. Dollar.
All figures are in ROC GAAP.
(2) 1 ADS equals 5 common shares.
UNITED MICROELECTRONICS CORPORATION
Unaudited Condensed Unconsolidated Income Statement
(Continued)
Figures in Million of New Taiwan Dollars (NT$) and U.S. Dollars (US$)
Except Per Share and Per ADS Data
Quarter over Quarter Comparison
Three-Month Period Ended
Mar 31, 2009 Dec 31, 2008 %
US$ NT$ US$ NT$ Chg.
Net Sales 319 10,838 546 18,541 (41.5%)
Cost of Goods Sold (447) (15,173) (570) (19,345) (21.6%)
Net Gross Profit (Loss) (128) (4,335) (24) (804) 439.2%
(40.0%) (40.0%) (4.3%) (4.3%)
Operating Expenses
- Sales & Marketing 18 632 20 679 (6.9%)
- General & Administrative 15 529 13 428 23.6%
- Research & Development 54 1,821 58 1,966 (7.4%)
87 2,982 91 3,073 (3.0%)
Operating Income (Loss) (215) (7,317) (115) (3,877) 88.7%
(67.5%) (67.5%) (20.9%) (20.9%) --
Net Non-Operating Income
(Expenses) (25) (843) (561) (19,081) (95.6%)
Income (Loss) from continuing
operations before income tax (240) (8,160) (676) (22,958) (64.5%)
(75.3%) (75.3%) (123.8%) (123.8%) --
Income Tax (Expense) Benefit (0) (0) (16) (552) (100.0%)
Net Income (Loss) (240) (8,160) (692) (23,510) (65.3%)
(75.3%) (75.3%) (126.8%) (126.8%) --
Earnings per Share (0.019) (0.64) (0.053) (1.81) --
Earnings per ADS (2) (0.094) (3.20) (0.267) (9.05) --
Weighted Average Number of
Shares Outstanding
(in millions) -- 12,767 -- 12,972 --
Note:
(1) New Taiwan Dollars have been translated into U.S. Dollars at the March
31, 2009 exchange rate of NT$33.95 per U.S. Dollar.
All figures are in ROC GAAP.
(2) 1 ADS equals 5 common shares.
UNITED MICROELECTRONICS CORPORATION
Unaudited Condensed Unconsolidated Income Statement
Figures in Million of New Taiwan Dollars (NT$) and U.S. Dollars (US$)
Except Per Share and Per ADS Data
For the Three-Month Period Ended For the Year Ended
Mar 31, 2009 Mar 31, 2009
US$ NT$ % US$ NT$ %
Net Sales 319 10,838 100.0% 319 10,838 100.0%
Cost of Goods Sold (447) (15,173) (140.0%) (447) (15,173) (140.0%)
Net Gross Profit
(Loss) (128) (4,335) (40.0%) (128) (4,335) (40.0%)
Operating Expenses
- Sales & Marketing 18 632 5.8% 18 632 5.8%
- General &
Administrative 15 529 4.9% 15 529 4.9%
- Research &
Development 54 1,821 16.8% 54 1,821 16.8%
87 2,982 27.5% 87 2,982 27.5%
Operating Income
(Loss) (215) (7,317) (67.5%) (215) (7,317) (67.5%)
Net Non-Operating
Income (Expenses) (25) (843) (7.8%) (25) (843) (7.8%)
Income (Loss) from
continuing operations
before income tax (240) (8,160) (75.3%) (240) (8,160) (75.3%)
Income Tax (Expense)
Benefit (0) (0) 0.0% (0) (0) 0.0%
Net Income (Loss) (240) (8,160) (75.3%) (240) (8,160) (75.3%)
Earnings per Share (0.019) (0.64) -- (0.019) (0.64) --
Earnings per ADS (2) (0.094) (3.20) -- (0.094) (3.20) --
Weighted Average
Number of Shares
Outstanding
(in millions) -- 12,767 -- -- 12,767 --
Note:
(1) New Taiwan Dollars have been translated into U.S. Dollars at the March
31, 2009 exchange rate of NT$33.95 per U.S. Dollar.
All figures are in ROC GAAP.
(2) 1 ADS equals 5 common shares.
UNITED MICROELECTRONICS CORPORATION
Unaudited Condensed Unconsolidated Statement of Cash Flows
For The Three Months Ended Mar. 31, 2009
Figures in Million of New Taiwan Dollars (NT$) and U.S. Dollars (US$)
USD NTD
Cash flows from operating activities:
Net Income (240) (8,160)
Depreciation & Amortization 254 8,640
Gain on decline in market value
and obsolescence of inventories (34) (1,156)
Investment loss accounted for
under the equity method 18 599
Loss on valuation of financial
assets and liabilities 19 646
Gain on disposal of property,
plant and equipment (0) (2)
Exchange loss on financial assets
and liabilities 1 22
Amortization of bond discounts 0 1
Amortization of deferred income (2) (52)
Change in assets, liabilities and
others 94 3,208
Net cash provided by operating
activities 110 3,746
Cash flows from investing activities:
Acquisition of long-term
investments accounted for under
the equity method (2) (63)
Proceeds from liquidation of
long-term investments 0 15
Acquisition of property, plant
and equipment (46) (1,568)
Proceeds from disposal of
property, plant and equipment 0 3
Increase in deferred charges (2) (84)
Decrease in other assets - others (0) 1
Net cash used in investing activities (50) (1,696)
Cash flows from financing activities:
Proceeds from long-term Loans 6 200
Repayments of long-term Loans (6) (200)
Purchase of treasury stock (70) (2,393)
Decrease in deposits-in 0 0
Net cash used in financing activities (70) (2,393)
Effect of exchange rate changes on
cash and cash equivalents 4 125
Net decrease in cash and cash
equivalents (6) (218)
Cash and cash equivalents at
beginning of period 1,064 36,124
Cash and cash equivalents at end of
period 1,058 35,906
Note: New Taiwan Dollars have been translated into U.S. Dollars at the Mar
31, 2009 exchange rate of NT$33.95 per U.S. Dollar.
All figures are in ROC GAAP.
Contacts:
Bowen Huang / Tien Yu Tseng
UMC, Investor Relation
Tel: +886-2-2700-6999 ext. 6957
Email: bowen_huang@umc.com / tien_yu_tseng@umc.com
