UMC Reports Second Quarter 2017 Results

Net non-operating income in 2Q17 increased to NT$448 million, which primarily resulted from a NT$807 million in exchange gain and a NT$272 million gain in disposal of investments.

Cash Flow Summary

(Amount: NT$ million)    

For the 3-Month
Period Ended
Jun. 30, 2017

 

For the 3-Month
Period Ended
Mar. 31, 2017

Cash Flow from Operating Activities     14,817   13,311
Net income before tax 2,116 1,067
Depreciation & Amortization 13,093 13,292
Gain on disposal of investments (272 ) (488 )
Impairment loss on financial assets 109 287
Exchange gain on financial assets and liabilities (625 ) (624 )
Changes in working capital 1,051 580
Income tax paid (232 ) (451 )
Other (423 ) (352 )
Cash Flow from Investing Activities (8,105 ) (16,293 )
Capital expenditures (8,333 ) (17,654 )
Proceeds from disposal of AFS financial assets 583 701
Acquisition of intangible assets (295 ) (378 )
Other (60 ) 1,038
Cash Flow from Financing Activities 707 7,845
Bank loans 8,054 783
Bonds Issued - 8,300
Redemption of bonds (7,500 ) -
Other 153 (1,238 )
Effect of Exchange Rate (97 ) (1,630 )
Net Cash Flow     7,322     3,233  

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