UMC Reports First Quarter 2019 Results

Net non-operating income in 1Q19 was NT$1.25 billion, primarily resulting from NT$1.23 billion in net investment gain and NT$507 million in exchange gain, partly offset by NT$473 million in net interest expense.

Cash Flow Summary

(Amount: NT$ million)  

For the 3-Month
Period Ended
Mar. 31, 2019

 

For the 3-Month
Period Ended
Dec. 31, 2018

Cash Flow from Operating Activities   8,183   12,123
Net loss before tax (350) (2,587)
Depreciation & Amortization 12,380 12,414
Expected credit losses - 409

Net loss (gain) of financial assets
and liabilities at FVTPL

(1,032) 635

Share of profit or loss of associates and
joint ventures

(196) 1,148

Exchange gain on financial assets
and liabilities

(554) (68)
Changes in working capital (1,339) 1,319
Interest paid (215) (905)
Other (511) (242)
Cash Flow from Investing Activities (5,683) (4,613)
Acquisition of PP&E (5,563) (4,361)
Acquisition of intangible assets (530) (292)
Other 410 40
Cash Flow from Financing Activities 2,180 (5,724)
Bank loans 2,463 (2,863)
Treasury stock acquired (331) (3,019)
Other 48 158
Effect of Exchange Rate 396 356
Net Cash Flow   5,076   2,142

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