UMC Reports First Quarter 2018 Results
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UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES
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Consolidated Condensed Statements of Comprehensive Income
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Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars
(US$)
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Except Per Share and Per ADS Data
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Year over Year Comparison
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Quarter over Quarter Comparison
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Three-Month Period Ended
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Three-Month Period Ended
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March 31, 2018
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March 31, 2017
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Chg.
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March 31, 2018
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December 31, 2017
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Chg.
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US$
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NT$
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US$
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NT$
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%
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US$
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NT$
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US$
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NT$
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%
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Net operating revenues
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1,288
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37,497
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1,285
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37,418
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0.2
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%
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1,288
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37,497
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1,258
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36,631
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2.4
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%
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Operating costs
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(1,129
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(32,855
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(1,030
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(29,990
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9.6
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%
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(1,129
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(32,855
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(1,042
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(30,333
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8.3
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%
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Gross profit
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159
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4,642
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255
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7,428
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(37.5
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%)
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159
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4,642
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216
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6,298
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(26.3
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%)
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12.4
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%
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12.4
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%
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19.9
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%
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19.9
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%
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12.4
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%
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12.4
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%
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17.2
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%
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17.2
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%
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Operating expenses
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- Sales and marketing expenses
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(31
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(909
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(40
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(1,170
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(22.3
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%)
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(31
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(909
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(33
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(944
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(3.7
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%)
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- General and administrative expenses
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(35
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(1,017
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(36
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(1,050
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(3.1
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%)
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(35
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(1,017
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(40
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(1,164
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(12.6
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%)
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- Research and development expenses
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(101
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(2,924
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(137
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(3,991
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(26.7
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%)
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(101
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(2,924
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(106
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(3,090
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(5.4
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%)
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Subtotal
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(167
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(4,850
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(213
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(6,211
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(21.9
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%)
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(167
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(4,850
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(179
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(5,198
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(6.7
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%)
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Net other operating income and expenses
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34
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977
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5
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154
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534.4
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%
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34
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977
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28
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801
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22.0
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%
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Operating income
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26
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769
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47
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1,371
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(43.9
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%)
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26
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769
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65
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1,901
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(59.5
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%)
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2.1
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%
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2.1
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%
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3.7
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%
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3.7
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%
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2.1
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%
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2.1
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%
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5.2
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%
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5.2
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%
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Net non-operating income and expenses
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38
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1,088
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(10
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(304
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-
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38
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1,088
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(5
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(152
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-
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Income from continuing operations before
income tax
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64
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1,857
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37
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1,067
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74.0
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%
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64
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1,857
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60
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1,749
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6.2
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%
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5.0
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%
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5.0
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%
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2.9
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%
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2.9
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%
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5.0
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%
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5.0
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%
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4.8
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%
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4.8
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%
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Income tax benefit (expense)
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40
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1,173
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14
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430
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172.8
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%
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40
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1,173
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(19
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(556
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-
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Net income
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104
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3,030
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51
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1,497
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102.4
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%
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104
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3,030
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41
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1,193
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154.0
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%
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8.1
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%
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8.1
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%
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4.0
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%
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4.0
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%
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8.1
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%
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8.1
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%
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3.3
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%
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3.3
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%
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Other comprehensive income (loss)
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(8
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(234
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(103
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)
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(2,997
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)
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(92.2
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%)
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(8
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(234
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)
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(47
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(1,366
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)
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(82.9
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%)
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Total comprehensive income (loss)
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96
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2,796
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(52
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(1,500
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)
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-
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96
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2,796
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(6
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(173
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-
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Net income attributable to:
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Stockholders of the parent
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117
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3,400
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79
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2,286
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48.7
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%
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117
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3,400
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61
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1,771
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92.0
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%
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Non-controlling interests
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(13
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(370
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(28
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(789
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(53.1
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%)
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(13
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(370
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(20
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(578
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(36.0
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%)
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Comprehensive income (loss) attributable to:
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Stockholders of the parent
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108
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3,158
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(21
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(599
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)
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-
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108
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3,158
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14
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416
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659.1
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%
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Non-controlling interests
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(12
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)
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(362
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)
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(31
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)
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(901
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)
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(59.8
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%)
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(12
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(362
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)
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(20
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)
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(589
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)
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(38.5
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%)
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Earnings per share-basic
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0.010
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0.28
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0.007
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0.19
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0.010
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0.28
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|
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0.005
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0.15
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Earnings per ADS (2)
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0.048
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1.40
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|
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|
0.033
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|
0.95
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|
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|
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|
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0.048
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|
|
|
|
1.40
|
|
|
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|
0.026
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0.75
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|
Weighted average number of shares
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outstanding (in millions)
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12,203
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12,208
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12,203
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|
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12,208
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Notes:
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(1) 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.
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(2) 1 ADS equals 5 common shares.
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