These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual performance, financial condition or results of operations of UMC to be materially different from what is stated or may be implied in such forward-looking statements. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors including, but not limited to: (i) dependence upon the frequent introduction of new services and technologies based on the latest developments in the industry in which UMC operates; (ii) the intensely competitive semiconductor, communications, consumer electronics and computer industries and markets; (iii) the risks associated with international business activities; (iv) dependence upon key personnel; (v) general economic and political conditions; (vi) possible disruptions in commercial activities caused by natural and human-induced events and disasters, including natural disasters, terrorist activity, armed conflict and highly contagious diseases; (vii) reduced end-user purchases relative to expectations and orders; and (viii) fluctuations in foreign currency exchange rates. Further information regarding these and other risks is included in UMC’s filings with the United States Securities and Exchange Commission. All information provided in this release is as of the date of this release and are based on assumptions that UMC believes to be reasonable as of this date, and UMC does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
The financial statements included in this release are prepared and published in accordance with Taiwan International Financial Reporting Standards, or TIFRSs, recognized by the Financial Supervisory Commission in the ROC, which is different from International Financial Reporting Standards, or IFRSs, issued by the International Accounting Standards Board. Investors are cautioned that there may be significant differences between TIFRSs and IFRSs. In addition, TIFRSs and IFRSs differ in certain significant respects from generally accepted accounting principles in the ROC and generally accepted accounting principles in the United States.
This presentation is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as financial statements.
- FINANCIAL TABLES TO FOLLOW -
|
UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES |
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| Consolidated Condensed Balance Sheet | ||||||
| As of March 31, 2018 | ||||||
| Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) | ||||||
| March 31, 2018 | ||||||
| US$ | NT$ | % | ||||
| Assets | ||||||
| Current assets | ||||||
| Cash and cash equivalents | 2,650 | 77,143 | 20.0% | |||
| Financial assets at fair value through profit or loss, current | 18 | 525 | 0.1% | |||
| Contract assets, current | 5 | 135 | 0.0% | |||
| Notes & Accounts receivable, net | 859 | 25,013 | 6.5% | |||
| Inventories, net | 589 | 17,137 | 4.4% | |||
| Other current assets | 565 | 16,468 | 4.4% | |||
| Total current assets | 4,686 | 136,421 | 35.4% | |||
| Non-current assets | ||||||
| Funds and investments | 1,239 | 36,079 | 9.4% | |||
| Property, plant and equipment | 6,756 | 196,664 | 51.0% | |||
| Other non-current assets | 564 | 16,396 | 4.2% | |||
| Total non-current assets | 8,559 | 249,139 | 64.6% | |||
| Total assets | 13,245 | 385,560 | 100.0% | |||
| Liabilities | ||||||
| Current liabilities | ||||||
| Short-term loans | 693 | 20,168 | 5.2% | |||
| Contract liabilities, current | 104 | 3,028 | 0.8% | |||
| Payables | 837 | 24,375 | 6.3% | |||
| Current portion of long-term liabilities | 681 | 19,829 | 5.2% | |||
| Other current liabilities | 178 | 5,169 | 1.3% | |||
| Total current liabilities | 2,493 | 72,569 | 18.8% | |||
| Non-current liabilities | ||||||
| Bonds payable | 813 | 23,677 | 6.1% | |||
| Long-term loans | 994 | 28,935 | 7.5% | |||
| Other non-current liabilities | 1,518 | 44,167 | 11.5% | |||
| Total non-current liabilities | 3,325 | 96,779 | 25.1% | |||
| Total liabilities | 5,818 | 169,348 | 43.9% | |||
| Equity | ||||||
| Equity attributable to the parent company | ||||||
| Capital | 4,337 | 126,243 | 32.7% | |||
| Additional paid-in capital | 1,426 | 41,524 | 10.8% | |||
|
Retained earnings, unrealized gains or losses on financial
assets measured at fair value through other comprehensive income and exchange differences on translation of foreign operations |
1,840 | 53,561 | 13.9% | |||
| Treasury stock | (183) | (5,321) | (1.4%) | |||
| Total equity attributable to the parent company | 7,420 | 216,007 | 56.0% | |||
| Non-controlling interests | 7 | 205 | 0.1% | |||
| Total equity | 7,427 | 216,212 | 56.1% | |||
| Total liabilities and equity | 13,245 | 385,560 | 100.0% | |||
| Note：New Taiwan Dollars have been translated into U.S. Dollars at the March 31, 2018 exchange rate of NT $29.11 per U.S. Dollar. | ||||||
