UMC Reports Third Quarter 2013 Results

 

UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES

Consolidated Condensed Statements of Comprehensive Income

Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$)

Except Per Share and Per ADS Data










































Year over Year Comparison


Quarter over Quarter Comparison


Three-Month Period Ended




Three-Month Period Ended




September 30, 2013


September 30, 2012


%


September 30, 2013


June 30, 2013


%


US$


NT$


US$


NT$


Chg.


US$


NT$


US$


NT$


Chg.

Net operating revenues

1,128


33,407


1,019


30,174


10.7%


1,128


33,407


1,077


31,905


4.7%

Operating costs

(880)


(26,070)


(826)


(24,450)


6.6%


(880)


(26,070)


(868)


(25,728)


1.3%

Gross profit

248


7,337


193


5,724


28.2%


248


7,337


209


6,177


18.8%


22.0%


22.0%


19.0%


19.0%




22.0%


22.0%


19.4%


19.4%



Operating expenses




















  - Sales and marketing expenses

(26)


(778)


(23)


(687)


13.2%


(26)


(778)


(27)


(800)


(2.8%)

  - General and administrative expenses

(29)


(854)


(25)


(727)


17.5%


(29)


(854)


(33)


(966)


(11.6%)

  - Research and development expenses

(110)


(3,262)


(79)


(2,338)


39.5%


(110)


(3,262)


(109)


(3,251)


0.3%

      Subtotal

(165)


(4,894)


(127)


(3,752)


30.4%


(165)


(4,894)


(169)


(5,017)


(2.5%)

Net other operating income and expenses

(2)


(48)


(91)


(2,704)


(98.2%)


(2)


(48)


(1)


(11)


100.0%

Operating income (loss)

81


2,395


(25)


(732)


-


81


2,395


39


1,149


100.0%


7.2%


7.2%


(2.4%)


(2.4%)




7.2%


7.2%


3.6%


3.6%























Net non-operating income and expenses

53


1,561


84


2,481


(37.1%)


53


1,561


21


631


100.0%

Income from continuing operations before
   income tax

134


3,956


59


1,749


100.0%


134


3,956


60


1,780


100.0%


11.8%


11.8%


5.8%


5.8%




11.8%


11.8%


5.6%


5.6%























Income tax expense

(20)


(590)


(45)


(1,331)


(55.7%)


(20)


(590)


(1)


(42)


100.0%

Net income

114


3,366


14


418


100.0%


114


3,366


59


1,738


93.7%


10.1%


10.1%


1.4%


1.4%




10.1%


10.1%


5.4%


5.4%























Other comprehensive income

(76)


(2,249)


(81)


(2,412)


(6.8%)


(76)


(2,249)


11


350


-





















Total comprehensive income

38


1,117


(67)


(1,994)


-


38


1,117


70


2,088


(46.5%)





















    Net income attributable to:




















        Stockholders of the parent

117


3,476


50


1,493


100.0%


117


3,476


61


1,812


91.8%

        Non-controlling interests

(3)


(110)


(36)


(1,075)


(89.8%)


(3)


(110)


(2)


(74)


48.6%





















    Comprehensive income attributable to:




















        Stockholders of the parent

42


1,255


(31)


(920)


-


42


1,255


73


2,160


(41.9%)

        Non-controlling interests

(4)


(138)


(36)


(1,074)


(87.2%)


(4)


(138)


(3)


(72)


91.7%





















Earnings per share-basic

0.009


0.28


0.004


0.12




0.009


0.28


0.005


0.15



Earnings per ADS (2)

0.047


1.40


0.020


0.60




0.047


1.40


0.025


0.75



Weighted average number of shares




















outstanding (in millions)



12,460




12,629






12,460




12,465











































Notes:




















(1) New Taiwan Dollars have been translated into U.S. Dollars at the September 30, 2013 exchange rate of NT $29.62 per U.S. Dollar.

     All figures are prepared in accordance with TIFRSs.

(2) 1 ADS equals 5 common shares.


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