Investor Contacts:
|
Elaine Ketchmere, CFA |
Ally Xie, CA, CPA |
|
Compass Investor Relations |
Actions Semiconductor |
|
+1-310-528-3031 |
+86-756-3392353*1018 |
|
ACTIONS SEMICONDUCTOR CO., LTD. | |||||
|
CONSOLIDATED CONDENSED BALANCE SHEET | |||||
|
(in thousands of U.S. dollars) | |||||
|
|
|
|
|
|
|
|
|
At December 31, |
|
At September 30, |
|
At December 31, |
|
|
2013 |
|
2013 |
|
2012 |
|
|
(unaudited) |
|
(unaudited) |
|
(audited) |
|
ASSETS |
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
Cash and cash equivalents |
53,263 |
|
67,884 |
|
71,336 |
|
Time deposits |
27,508 |
|
21,453 |
|
10,000 |
|
Marketable securities |
126,607 |
|
126,282 |
|
130,721 |
|
Trading securities |
74 |
|
75 |
|
76 |
|
Accounts receivable |
5,782 |
|
7,294 |
|
5,950 |
|
Notes receivable |
- |
|
37 |
|
- |
|
Amount due from a related party |
1,301 |
|
- |
|
340 |
|
Amount due from an equity method investee |
38 |
|
75 |
|
79 |
|
Inventories, net of inventory written-down of $1,558, $1,276 and $701 as of
|
20,278 |
|
25,414 |
|
11,979 |
|
Prepaid expenses and other current assets |
3,972 |
|
3,018 |
|
4,288 |
|
Income tax recoverable |
67 |
|
79 |
|
189 |
|
Deferred tax assets |
416 |
|
466 |
|
504 |
|
Total current assets |
239,306 |
|
252,077 |
|
235,462 |
|
|
|
|
|
|
|
|
Investments in equity method investees |
17,843 |
|
17,903 |
|
14,329 |
|
Other investments |
15,648 |
|
16,321 |
|
16,305 |
|
Marketable securities |
17,139 |
|
- |
|
11,239 |
|
Rental deposits |
61 |
|
66 |
|
49 |
|
Property, plant and equipment, net |
31,896 |
|
31,817 |
|
32,321 |
|
Land use right |
1,588 |
|
1,584 |
|
1,584 |
|
Acquired intangible assets, net |
12,218 |
|
11,101 |
|
10,819 |
|
Deposit paid for acquisition of intangible assets |
145 |
|
759 |
|
- |
|
Deferred tax assets |
99 |
|
69 |
|
80 |
|
TOTAL ASSETS |
335,943 |
|
331,697 |
|
322,188 |
|
|
|
|
|
|
|
|
LIABILITIES AND EQUITY |
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
Accounts payable |
6,016 |
|
6,317 |
|
8,073 |
|
Accrued expenses and other current liabilities |
6,127 |
|
5,688 |
|
8,411 |
|
Short-term bank loans |
35,500 |
|
30,500 |
|
20,500 |
|
Other liabilities |
1,362 |
|
2,176 |
|
2,056 |
|
Income tax payable |
49 |
|
49 |
|
49 |
|
Deferred tax liabilities |
343 |
|
260 |
|
534 |
|
Total current liabilities |
49,397 |
|
44,990 |
|
39,623 |
|
|
|
|
|
|
|
|
Other liabilities |
412 |
|
13 |
|
13 |
|
Payable for acquisition of intangible assets |
- |
|
128 |
|
603 |
|
Deferred tax liabilities |
3,589 |
|
3,597 |
|
3,189 |
|
Total liabilities |
53,398 |
|
48,728 |
|
43,428 |
|
Equity: |
|
|
|
|
|
|
Ordinary shares |
1 |
|
1 |
|
1 |
|
Additional paid-in capital |
18,882 |
|
20,154 |
|
20,202 |
|
Accumulated other comprehensive income |
40,734 |
|
39,061 |
|
35,751 |
|
Retained earnings |
222,959 |
|
223,784 |
|
222,835 |
|
Total Actions Semiconductor Co., Ltd. shareholders' equity |
282,576 |
|
283,000 |
|
278,789 |
|
Non-controlling interest |
(31) |
|
(31) |
|
(29) |
|
Total equity |
282,545 |
|
282,969 |
|
278,760 |
|
TOTAL LIABILITIES AND EQUITY |
335,943 |
|
331,697 |
|
322,188 |
