MAGNACHIP SEMICONDUCTOR CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands of US dollars, except share data)
(Unaudited)

December 31,

2017

December 31,

2016

Assets

Current assets

Cash and cash equivalents

$        128,575

$           83,355

Restricted cash

—

18,251

Accounts receivable, net

92,026

61,775

Inventories, net

73,073

57,048

Other receivables

4,292

5,864

Prepaid expenses

9,250

8,137

Hedge collateral

7,600

3,150

Other current assets

15,444

5,113

Total current assets

330,260

242,693

Property, plant and equipment, net

205,903

179,793

Intangible assets, net

4,061

3,085

Long-term prepaid expenses

12,791

9,556

Deferred income tax assets

264

193

Other non-current assets

5,510

6,632

Total assets

$        558,789

$        441,952

Liabilities and Stockholders' Equity

Current liabilities

Accounts payable

$           65,940

$           51,509

Other accounts payable

10,261

12,272

Accrued expenses

51,746

60,365

Deferred revenue

8,335

11,092

Deposits received

—

16,549

Other current liabilities

1,860

1,654

Total current liabilities

138,142

153,441

Long-term borrowings, net

303,416

221,082

Accrued severance benefits, net

148,905

129,225

Other non-current liabilities

7,963

10,318

Total liabilities

598,426

514,066

Commitments and contingencies

Stockholders' equity

Common stock, $0.01 par value, 150,000,000 shares authorized, 42,563,808 shares issued and
34,189,599 outstanding at December 31, 2017 and 41,627,103 shares issued and 35,048,338
outstanding at December 31, 2016

426

416

Additional paid-in capital

136,259

130,189

Accumulated deficit

(40,889 )

(125,825 )

Treasury stock, 8,374,209 shares at December 31, 2017 and 6,578,765 shares at December 31,
2016, respectively

(102,319 )

(90,918 )

Accumulated other comprehensive income (loss)

(33,114 )

14,024

Total stockholders' deficit

(39,637 )

(72,114)

Total liabilities and stockholders' equity

$        558,789

$        441,952