(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD)) (1)
(Continued)
March 31, 2008 June 30, 2007
(unaudited) (audited)
ASSETS NTD % NTD %
Current Assets
Cash and Cash Equivalents $144,277 24.2 $163,391 25.6
Investments in Marketable Financial
Instruments 66,034 11.1 69,685 10.9
Accounts Receivable -- Trade 37,950 6.3 37,054 5.8
Inventories, Net 21,890 3.7 24,045 3.8
Other Current Assets 11,304 1.9 10,464 1.7
Total Current Assets 281,455 47.2 304,639 47.8
Long-Term Investments 33,693 5.6 45,153 7.1
Property, Plant and Equipment 817,464 136.9 767,100 120.3
Less: Accumulated Depreciation (555,854) (93.1) (502,495) (78.8)
Property, Plant and Equipment, Net 261,610 43.8 264,605 41.5
Other Assets 20,285 3.4 23,037 3.6
Total Assets $597,043 100.0 $637,434 100.0
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities
Short-Term Bank Loans $-- -- $99 --
Accounts Payable (2) 10,338 1.7 11,064 1.8
Payables to Contractors and
Equipment Suppliers (2) 12,256 2.1 17,103 2.7
Accrued Expenses and Other Current
Liabilities 31,162 5.2 99,365 15.5
Current Portion of Bonds Payable
and Long-Term Liabilities 8,280 1.4 4,782 0.8
Total Current Liabilities 62,036 10.4 132,413 20.8
Bonds Payable 4,500 0.8 12,500 2.0
Other Long-Term Liabilities 17,537 2.9 18,649 2.9
Total Liabilities 84,073 14.1 163,562 25.7
Shareholders' Equity Attributable to
Shareholders of the Parent
Capital Stock 256,292 42.9 264,235 41.5
Capital Surplus 51,696 8.7 53,726 8.4
Retained Earnings 208,633 34.9 154,010 24.2
Treasury Stock (918) (0.2) (918) (0.1)
Others (6,410) (1.0) (167) (0.1)
Total Equity Attributable to
Shareholders of the Parent 509,293 85.3 470,886 73.9
Minority Interests 3,677 0.6 2,986 0.4
Total Shareholders' Equity 512,970 85.9 473,872 74.3
Total Liabilities & Shareholders'
Equity $597,043 100.0 $637,434 100.0
Note: (1) Amounts in New Taiwan dollars have been translated into U.S.
dollars at the rate of NT$30.354 as of June 30, 2008.
(2) Certain prior period balances have been reclassified to
conform to the current period presentation.
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES
Consolidated Condensed Balance Sheets
(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD)) (1)
(Continued)
QoQ YoY
ASSETS Amount % Amount %
Current Assets
Cash and Cash Equivalents $41,069 28.5 $21,955 13.4
Investments in Marketable Financial
Instruments (27,392) (41.5) (31,043) (44.5)
Accounts Receivable - Trade 3,908 10.3 4,804 13.0
Inventories, Net 1,469 6.7 (686) (2.9)
Other Current Assets (746) (6.6) 94 0.9
Total Current Assets 18,308 6.5 (4,876) (1.6)
Long-Term Investments (1,756) (5.2) (13,216) (29.3)
Property, Plant and Equipment 19,472 2.4 69,836 9.1
Less: Accumulated Depreciation (18,884) 3.4 (72,243) 14.4
Property, Plant and Equipment, Net 588 0.2 (2,407) (0.9)
Other Assets 1,040 5.1 (1,712) (7.4)
Total Assets $18,180 3.0 ($22,211) (3.5)
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities
Short-Term Bank Loans $-- -- ($99) (100.0)
Accounts Payable (2) 1,294 12.5 568 4.3
Payables to Contractors and Equipment
Suppliers (2) (2,745) (22.4) (7,592) (44.1)
Accrued Expenses and Other Current
Liabilities 86,414 277.3 18,211 18.3
Current Portion of Bonds Payable and
Long-Term Liabilities (18) (0.2) 3,480 72.8
Total Current Liabilities 84,945 136.9 14,568 11.0
Bonds Payable -- -- (8,000) (64.0)
Other Long-Term Liabilities (482) (2.7) (1,594) (8.5)
Total Liabilities 84,463 100.5 4,974 3.0
Shareholders' Equity Attributable to
Shareholders of the Parent
Capital Stock 5,243 2.0 (2,700) (1.0)
Capital Surplus (779) (1.5) (2,809) (5.2)
Retained Earnings (56,680) (27.2) (2,057) (1.3)
Treasury Stock (13,927) 1517.0 (13,927) 1517.0
Others 91 (1.4) (6,152) 3701.9
Total Equity Attributable to
Shareholders of the Parent (66,052) (13.0) (27,645) (5.9)
Minority Interests (231) (6.3) 460 15.4
Total Shareholders' Equity (66,283) (12.9) (27,185) (5.7)
Total Liabilities & Shareholders'
Equity $18,180 3.0 ($22,211) (3.5)
Note: (1) Amounts in New Taiwan dollars have been translated into U.S.
dollars at the rate of NT$30.354 as of June 30, 2008.
(2) Certain prior period balances have been reclassified to
conform to the current period presentation.
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES
Unaudited Consolidated Condensed Income Statements
