TOKYO — (BUSINESS WIRE) — November 6, 2019 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the nine months ended September 30, 2019.
Summary of Consolidated Financial Results
|
Three months ended
|
Nine months ended
|
||
|
Billion Yen |
% of Net Sales |
Billion Yen |
% of Net Sales |
Revenue |
183.4 |
100.0 |
526.2 |
100.0 |
Operating profit |
7.9 |
4.3 |
(4.2) |
(0.8) |
Net profit |
3.8 |
2.1 |
(7.4) |
(1.4) |
Capital expenditures |
2.9 |
|
7.4 |
|
Depreciation and others |
39.3 |
|
109.3 |
|
R&D expenses |
32.7 |
|
93.9 |
|
|
Yen |
|
Yen |
|
Exchange rate (USD) |
108 |
|
110 |
|
Exchange rate (Euro) |
121 |
|
124 |
|
|
As of September 30, 2019 |
|
Billion Yen |
Total assets |
1,666.0 |
Total equity |
596.6 |
Equity attributable to owners of the parent |
593.8 |
Equity ratio attributable to owners of the parent (%) |
35.6 |
Interest-bearing debt |
828.8 |
Note 1: |
All figures are rounded to the nearest 100 million yen. |
|
Note 2: |
Capital expenditures refer to the amount of capital for property, plant and equipment (manufacturing equipment) and intangible assets based on the amount of investment decisions made during the quarter ended September 30, 2019. |
|
| Note 3: |
Depreciation and others includes depreciation and amortization of intangible assets and long- term prepaid expenses in consolidated statements of cash flows. |
|
| Note 4: |
R&D expenses includes a partially capitalized R&D expenses recorded as intangible assets. |
|
| Note 5: |
The allocation of the acquisition costs for the business combinations with Integrated Device Technology, Inc. (hereinafter “IDT”), which the Group acquired on March 30, 2019, has been revised at the end of the nine months ended September 30, 2019. The revised allocation of the acquisition costs are reflected in the Quarterly Consolidated Financial Statements of the nine months ended September 30, 2019. |
RENESAS ELECTRONICS CORPORATION
