UMC Reports Fourth Quarter 2016 Results

Current liabilities decreased to NT$71.98 billion, primarily reflecting the decrease in short-term credit. Long-term credit/bonds increased to NT$60.73 billion, mostly reflecting the long-term credit for United Semiconductor (Xiamen). Total liabilities increased to NT$167.91 billion, leading to a debt to equity ratio of 77%.

Liabilities
(Amount: NT$ billion)   4Q16   3Q16   4Q15
Total Current Liabilities   71.98   83.44   48.25
Notes & Accounts Payable 6.85 6.74 5.95
Short-Term Credit / Bonds 31.05 47.05 12.11
Payable on Equipment 15.04 14.45 14.66
Other 19.04 15.20 15.53
Long-Term Credit / Bonds 60.73 39.68 47.52
Long-Term Investment Liabilities 20.31 20.54 6.06
Total Liabilities 167.91 155.96 108.55
Debt to Equity   77 %   71 %   47 %

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