- FINANCIAL TABLES TO FOLLOW -
| UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES | ||||||
| Consolidated Condensed Balance Sheet | ||||||
| As of June 30, 2022 | ||||||
| Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) | ||||||
| June 30, 2022 | ||||||
| US$ | NT$ | % | ||||
| Assets | ||||||
| Current assets | ||||||
| Cash and cash equivalents | 6,184 |
183,723 |
36.8% |
|||
| Accounts receivable, net | 1,443 |
42,884 |
8.6% |
|||
| Inventories, net | 920 |
27,341 |
5.5% |
|||
| Other current assets | 399 |
11,830 |
2.3% |
|||
| Total current assets | 8,946 |
265,778 |
53.2% |
|||
| Non-current assets | ||||||
| Funds and investments | 2,234 |
66,373 |
13.3% |
|||
| Property, plant and equipment | 4,518 |
134,243 |
26.9% |
|||
| Right-of-use assets | 266 |
7,900 |
1.6% |
|||
| Other non-current assets | 857 |
25,460 |
5.0% |
|||
| Total non-current assets | 7,875 |
233,976 |
46.8% |
|||
| Total assets | 16,821 |
499,754 |
100.0% |
|||
| Liabilities | ||||||
| Current liabilities | ||||||
| Short-term loans | 21 |
624 |
0.1% |
|||
| Payables | 3,194 |
94,907 |
19.0% |
|||
| Current portion of long-term liabilities | 424 |
12,593 |
2.5% |
|||
| Other current liabilities | 798 |
23,689 |
4.8% |
|||
| Total current liabilities | 4,437 |
131,813 |
26.4% |
|||
| Non-current liabilities | ||||||
| Bonds payable | 777 |
23,080 |
4.6% |
|||
| Long-term loans | 761 |
22,619 |
4.5% |
|||
| Lease liabilities, noncurrent | 180 |
5,346 |
1.1% |
|||
| Other non-current liabilities | 1,132 |
33,648 |
6.7% |
|||
| Total non-current liabilities | 2,850 |
84,693 |
16.9% |
|||
| Total liabilities | 7,287 |
216,506 |
43.3% |
|||
| Equity | ||||||
| Equity attributable to the parent company | ||||||
| Capital | 4,201 |
124,821 |
25.0% |
|||
| Additional paid-in capital | 350 |
10,400 |
2.1% |
|||
| Retained earnings and other components of equity | 4,970 |
147,661 |
29.5% |
|||
| Total equity attributable to the parent company | 9,521 |
282,882 |
56.6% |
|||
| Non-controlling interests | 13 |
366 |
0.1% |
|||
| Total equity | 9,534 |
283,248 |
56.7% |
|||
| Total liabilities and equity | 16,821 |
499,754 |
100.0% |
|||
| Note: New Taiwan Dollars have been translated into U.S. Dollars at the June 30, 2022 exchange rate of NT $29.71 per U.S. Dollar. | ||||||
| UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES | |||||||||||||||||||
| Consolidated Condensed Statements of Comprehensive Income | |||||||||||||||||||
| Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) | |||||||||||||||||||
| Except Per Share and Per ADS Data | |||||||||||||||||||
| Year over Year Comparison | Quarter over Quarter Comparison | ||||||||||||||||||
| Three-Month Period Ended | Three-Month Period Ended | ||||||||||||||||||
| June 30, 2022 | June 30, 2021 | Chg. | June 30, 2022 | March 31, 2022 | Chg. | ||||||||||||||
| US$ | NT$ | US$ | NT$ | % | US$ | NT$ | US$ | NT$ | % | ||||||||||
| Operating revenues | 2,425 |
72,055 |
1,713 |
50,908 |
41.5% |
2,425 |
72,055 |
2,135 |
63,423 |
13.6% |
|||||||||
| Operating costs | (1,298) |
(38,583) |
(1,178) |
(35,000) |
10.2% |
(1,298) |
(38,583) |
(1,209) |
(35,919) |
7.4% |
|||||||||
| Gross profit | 1,127 |
33,472 |
535 |
15,908 |
110.4% |
1,127 |
33,472 |
926 |
27,504 |
21.7% |
|||||||||
| 46.5% |
46.5% |
31.3% |
31.3% |
46.5% |
46.5% |
43.4% |
43.4% |
||||||||||||
| Operating expenses | |||||||||||||||||||
| - Sales and marketing expenses | (31) |
(915) |
(38) |
(1,131) |
(19.1%) |
(31) |
(915) |
(42) |
(1,255) |
(27.1%) |
|||||||||
| - General and administrative expenses | (87) |
(2,579) |
(63) |
(1,901) |
35.7% |
(87) |
(2,579) |
(75) |
(2,226) |
15.8% |
|||||||||
| - Research and development expenses | (108) |
(3,209) |
(107) |
(3,168) |
1.3% |
(108) |
(3,209) |
(102) |
(3,033) |
5.8% |
|||||||||
| - Expected credit impairment gain (loss) | (0) |
(3) |
(0) |
(1) |
90.3% |
(0) |
(3) |
0 |
1 |
- |
|||||||||
| Subtotal | (226) |
(6,706) |
(208) |
(6,201) |
8.2% |
(226) |
(6,706) |
(219) |
(6,513) |
3.0% |
|||||||||
| Net other operating income and expenses | 47 |
1,398 |
54 |
1,606 |
(12.9%) |
47 |
1,398 |
45 |
1,343 |
4.1% |
|||||||||
| Operating income | 948 |
28,164 |
381 |
11,313 |
149.0% |
948 |
28,164 |
752 |
22,334 |
26.1% |
|||||||||
| 39.1% |
39.1% |
22.2% |
22.2% |
39.1% |
39.1% |
35.2% |
35.2% |
||||||||||||
| Net non-operating income and expenses | (87) |
(2,586) |
63 |
1,881 |
- |
(87) |
(2,586) |
44 |
1,314 |
- |
|||||||||
| Income from continuing operations | |||||||||||||||||||
| before income tax | 861 |
25,578 |
444 |
13,194 |
93.9% |
861 |
25,578 |
796 |
23,648 |
8.2% |
|||||||||
| 35.5% |
35.5% |
25.9% |
25.9% |
35.5% |
35.5% |
37.3% |
37.3% |
||||||||||||
| Income tax expense | (138) |
(4,088) |
(45) |
(1,327) |
207.8% |
(138) |
(4,088) |
(121) |
(3,582) |
14.1% |
|||||||||
| Net income | 723 |
21,490 |
399 |
11,867 |
81.1% |
723 |
21,490 |
675 |
20,066 |
7.1% |
|||||||||
| 29.8% |
29.8% |
23.3% |
23.3% |
29.8% |
29.8% |
31.6% |
31.6% |
||||||||||||
| Other comprehensive income (loss) | (126) |
(3,749) |
(65) |
(1,935) |
93.8% |
(126) |
(3,749) |
48 |
1,422 |
- |
|||||||||
| Total comprehensive income (loss) | 597 |
17,741 |
334 |
9,932 |
78.6% |
597 |
17,741 |
723 |
21,488 |
(17.4%) |
|||||||||
| Net income attributable to: | |||||||||||||||||||
| Shareholders of the parent | 718 |
21,327 |
402 |
11,943 |
78.6% |
718 |
21,327 |
667 |
19,808 |
7.7% |
|||||||||
| Non-controlling interests | 5 |
163 |
(3) |
(76) |
- |
5 |
163 |
8 |
258 |
(36.6%) |
|||||||||
| Comprehensive income (loss) attributable to: | |||||||||||||||||||
| Shareholders of the parent | 592 |
17,578 |
337 |
10,008 |
75.6% |
592 |
17,578 |
715 |
21,229 |
(17.2%) |
|||||||||
| Non-controlling interests | 5 |
163 |
(3) |
(76) |
- |
5 |
163 |
8 |
259 |
(36.6%) |
|||||||||
| Earnings per share-basic | 0.059 |
1.74 |
0.033 |
0.98 |
0.059 |
1.74 |
0.054 |
1.61 |
|||||||||||
| Earnings per ADS (2) | 0.293 |
8.70 |
0.165 |
4.90 |
0.293 |
8.70 |
0.271 |
8.05 |
|||||||||||
| Weighted average number of shares | |||||||||||||||||||
| outstanding (in millions) | 12,283 |
12,206 |
12,283 |
12,283 |
|||||||||||||||
| Notes: | |||||||||||||||||||
| (1) New Taiwan Dollars have been translated into U.S. Dollars at the June 30, 2022 exchange rate of NT $29.71 per U.S. Dollar. | |||||||||||||||||||
| (2) 1 ADS equals 5 common shares. | |||||||||||||||||||
| UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES | |||||||||||
| Consolidated Condensed Statements of Comprehensive Income | |||||||||||
| Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) | |||||||||||
| Except Per Share and Per ADS Data | |||||||||||
| For the Three-Month Period Ended | For the Six-Month Period Ended | ||||||||||
| June 30, 2022 | June 30, 2022 | ||||||||||
| US$ | NT$ | % | US$ | NT$ | % | ||||||
| Operating revenues | 2,425 |
72,055 |
100.0% |
4,560 |
135,478 |
100.0% |
|||||
| Operating costs | (1,298) |
(38,583) |
(53.5%) |
(2,508) |
(74,501) |
(55.0%) |
|||||
| Gross profit | 1,127 |
33,472 |
46.5% |
2,052 |
60,977 |
45.0% |
|||||
| Operating expenses | |||||||||||
| - Sales and marketing expenses | (31) |
(915) |
(1.3%) |
(73) |
(2,170) |
(1.6%) |
|||||
| - General and administrative expenses | (87) |
(2,579) |
(3.5%) |
(162) |
(4,806) |
(3.5%) |
|||||
| - Research and development expenses | (108) |
(3,209) |
(4.5%) |
(210) |
(6,242) |
(4.6%) |
|||||
| - Expected credit impairment loss | (0) |
(3) |
(0.0%) |
(0) |
(2) |
(0.0%) |
|||||
| Subtotal | (226) |
(6,706) |
(9.3%) |
(445) |
(13,220) |
(9.7%) |
|||||
| Net other operating income and expenses | 47 |
1,398 |
1.9% |
93 |
2,741 |
2.0% |
|||||
| Operating income | 948 |
28,164 |
39.1% |
1,700 |
50,498 |
37.3% |
|||||
| Net non-operating income and expenses | (87) |
(2,586) |
(3.6%) |
(43) |
(1,273) |
(1.0%) |
|||||
| Income from continuing operations | |||||||||||
| before income tax | 861 |
25,578 |
35.5% |
1,657 |
49,225 |
36.3% |
|||||
| Income tax expense | (138) |
(4,088) |
(5.7%) |
(258) |
(7,669) |
(5.6%) |
|||||
| Net income | 723 |
21,490 |
29.8% |
1,399 |
41,556 |
30.7% |
|||||
| Other comprehensive income (loss) | (126) |
(3,749) |
(5.2%) |
(79) |
(2,327) |
(1.7%) |
|||||
| Total comprehensive income (loss) | 597 |
17,741 |
24.6% |
1,320 |
39,229 |
29.0% |
|||||
| Net income attributable to: | |||||||||||
| Shareholders of the parent | 718 |
21,327 |
29.6% |
1,385 |
41,134 |
30.4% |
|||||
| Non-controlling interests | 5 |
163 |
0.2% |
14 |
422 |
0.3% |
|||||
| Comprehensive income (loss) attributable to: | |||||||||||
| Shareholders of the parent | 592 |
17,578 |
24.4% |
1,306 |
38,807 |
28.7% |
|||||
| Non-controlling interests | 5 |
163 |
0.2% |
14 |
422 |
0.3% |
|||||
| Earnings per share-basic | 0.059 |
1.74 |
0.113 |
3.35 |
|||||||
| Earnings per ADS (2) | 0.293 |
8.70 |
0.564 |
16.75 |
|||||||
| Weighted average number of shares | |||||||||||
| outstanding (in millions) | 12,283 |
12,283 |
|||||||||
| Notes: | |||||||||||
| (1) New Taiwan Dollars have been translated into U.S. Dollars at the June 30, 2022 exchange rate of NT $29.71 per U.S. Dollar. | |||||||||||
| (2) 1 ADS equals 5 common shares. | |||||||||||
| UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES | |||
| Consolidated Condensed Statement of Cash Flows | |||
| For The Six-Month Period Ended June 30, 2022 | |||
| Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) | |||
| US$ | NT$ | ||
| Cash flows from operating activities : | |||
| Net income before tax | 1,657 |
49,225 |
|
| Depreciation & Amortization | 757 |
22,497 |
|
| Share of loss of associates and joint ventures | 131 |
3,885 |
|
| Income tax paid | (124) |
(3,682) |
|
| Changes in working capital & others | (226) |
(6,716) |
|
| Net cash provided by operating activities | 2,195 |
65,209 |
|
| Cash flows from investing activities : | |||
| Decrease in financial assets measured at amortized cost | 889 |
26,418 |
|
| Acquisition of property, plant and equipment | (731) |
(21,710) |
|
| Acquisition of intangible assets | (42) |
(1,236) |
|
| Others | (14) |
(436) |
|
| Net cash provided by investing activities | 102 |
3,036 |
|
| Cash flows from financing activities : | |||
| Decrease in short-term loans | (45) |
(1,349) |
|
| Redemption of bonds | (328) |
(9,733) |
|
| Proceeds from long-term loans | 24 |
710 |
|
| Repayments of long-term loans | (390) |
(11,588) |
|
| Others | 19 |
578 |
|
| Net cash used in financing activities | (720) |
(21,382) |
|
| Effect of exchange rate changes on cash and cash equivalents | 143 |
4,238 |
|
| Net increase in cash and cash equivalents | 1,720 |
51,101 |
|
| Cash and cash equivalents at beginning of period | 4,464 |
132,622 |
|
| Cash and cash equivalents at end of period | 6,184 |
183,723 |
|
| Note: New Taiwan Dollars have been translated into U.S. Dollars at the June 30, 2022 exchange rate of NT $29.71 per U.S. Dollar. | |||
