TOKYO — (BUSINESS WIRE) — February 11, 2020 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the year ended December 31, 2019.
Summary of Consolidated Financial Results
|
Year ended
|
|
|
Billion Yen |
% of Net Sales |
Revenue |
718.2 |
100.0 |
Operating profit |
6.8 |
1.0 |
Net profit |
(5.9) |
(0.8) |
Capital expenditures (Note 2) |
10.8 |
|
Depreciation and others (Note 3) |
148.0 |
|
R&D expenses (Note 4) |
128.7 |
|
|
Yen |
|
Exchange rate (USD) |
109 |
|
Exchange rate (EUR) |
123 |
|
|
|
|
|
As of December 31, 2019 |
|
|
Billion Yen |
|
Total assets |
1,667.4 |
|
Total equity |
623.6 |
|
Equity attributable to owners of the parent |
620.7 |
|
Equity ratio attributable to owners of the parent (%) |
37.2 |
|
Interest-bearing debt |
785.9 |
|
Note 1: |
All figures are rounded to the nearest 100 million yen. |
|
Note 2: |
Capital expenditures refer to the amount of capital for property, plant and equipment (manufacturing equipment) and intangible assets based on the amount of investment decisions made during the year ended December 31, 2019. |
|
Note 3: |
Depreciation and others includes depreciation and amortization of intangible assets and amortization of long-term prepaid expenses in consolidated statements of cash flows. |
|
Note 4: |
Part of R&D expenses have been capitalized and have been recorded as intangible assets. R&D expense which have been recorded as intangible assets are listed here. |
|
Note 5: |
The allocation of the acquisition costs (PPA: Purchase Price Allocation) for the business combinations with Integrated Device Technology, Inc. (“IDT”), which Renesas acquired on March 30, 2019 (JST), has been revised at the end of the full year ended December 2019. The revised allocation of the acquisition costs are reflected in the consolidated financial figures of FY2019/12. |
RENESAS ELECTRONICS CORPORATION
Consolidated Financial Results for the Year Ended December 31, 2019
English translation from the original Japanese-language document
February 12, 2020
Company name |
:Renesas Electronics Corporation |
Stock exchanges on which the shares are listed |
:Tokyo Stock Exchange, First Section |
Code number |
:6723 |
URL |
|
| Representative |
:Hidetoshi Shibata, Representative Director, President and CEO |
| Contact person |
:Yoichi Kobayashi, Director Corporate Communications Dept. Tel. +81 (0)3-6773-3002 |
| Filing date of Yukashoken Hokokusho (scheduled) |
:March 27, 2020 |
(Amounts are rounded to the nearest million yen)
