- 1. 1 2010 2010 1Q Result Analyst Meeting 27 Apr 2010
2. 2 Consolidated financials are based on Statement of Financial
Accounting Standard No. 7 Consolidated numbers are reviewed by CPA
3. 3 2010 2010 First Quarter Results 4. 4 Revenues RevenuesRevenues
Unit: NT$ billion QoQ -8% YoY 31% 25.6 29.3 34.3 36.4 33.5 1Q09
2Q09 3Q09 4Q09 1Q10 5. 5 4Q09 1Q10 (1) Revenues by Product (1)
(1)(1) Revenues by Product (1)Revenues by Product (1) (PS) 55% (IA)
7% (Others) 16% (DS) 6% (CP) 16% (PS) 56% (IA) 6% (Others) 14% (DS)
7% (CP) 17% 6. 6 (1) Revenues by Product (1) (1)(1) Revenues by
Product (1)Revenues by Product (1) 4Q09 1Q10 Change PS 20,353
18,340 -10% CP 6,207 5,418 -13% DS 2,366 2,139 -10% IA 2,277 2,316
2% Others 5,174 5,255 2% Total 36,376 33,468 -8% Unit: NT$ million
7. 7 (2) Revenues by Product (2) (2)(2) Revenues by Product
(2)Revenues by Product (2) 1Q09 1Q10 (PS) 55% (IA) 7% (Others) 16%
(DS) 6% (CP) 16% (PS) 62% (IA) 5% (Others) 13% (DS) 3% (CP) 17% 8.
8 (2) Revenues by Product (2) (2)(2) Revenues by Product
(2)Revenues by Product (2) Unit: NT$ million 1Q09 1Q10 Change PS
15,965 18,340 15% CP 4,431 5,418 22% DS 717 2,139 198% IA 1,194
2,316 94% Others 3,280 5,255 60% Total 25,587 33,468 31% 9. 9 Gross
Profit Gross ProfitGross Profit Unit: NT$ billion & % of sales
4.72 6.20 7.73 7.71 6.99 20.9%21.2%22.5%21.2% 18.5% 1Q09 2Q09 3Q09
4Q09 1Q10 10. 10 R&D Expense R&D ExpenseR&D Expense
Unit: NT$ billion & % of sales 1.50 1.59 1.68 1.98 1.71 5.9%
5.4% 4.9% 5.4% 5.1% 1Q09 2Q09 3Q09 4Q09 1Q10 11. 11 SG&A
Expense SG&A ExpenseSG&A Expense 1.55 2.00 2.06 2.25 2.07
6.1% 6.8% 6.0% 6.2% 6.2% 1Q09 2Q09 3Q09 4Q09 1Q10 Unit: NT$ billion
& % of sales 12. 12 Operating Expense Operating
ExpenseOperating Expense 3.05 3.59 3.74 4.22 3.78 11.9% 12.3% 10.9%
11.6% 11.3% 1Q09 2Q09 3Q09 4Q09 1Q10 Unit: NT$ billion & % of
sales 13. 13 Operating Profit Operating ProfitOperating Profit 1.67
2.61 3.99 3.48 3.21 6.5% 8.9% 11.6% 9.6% 9.6% 1Q09 2Q09 3Q09 4Q09
1Q10 Unit: NT$ billion & % of sales 14. 14 Non-Operating Profit
NonNon--Operating ProfitOperating Profit 0.79 0.690.64 (0.52) 0.87
-1.4%2.7% 3.4% 1.9% 2.1% 1Q09 2Q09 3Q09 4Q09 1Q10 Unit: NT$ billion
& % of sales 15. 15 Non-Operating Income Breakdown
NonNon--Operating Income BreakdownOperating Income Breakdown 1Q09
1Q10 (Investment disposal) 6 (2) (Investment income) 141 266
(Interest income) 70 75 (Cash Dividend) 0 0 (F/X) * 366 96 (Others)
245 261 (Total) 827 695 Unit: NT$ million * * Including FX-related
derivatives fair value change 16. 16 Net Income Before Tax Net
Income Before TaxNet Income Before Tax 2.54 3.40 4.63 2.93 3.90
9.9% 11.6% 13.5% 8.1% 11.7% 1Q09 2Q09 3Q09 4Q09 1Q10 Unit: NT$
billion & % of sales 17. 17 1Q09 1Q10 (Net income before tax)
2,744 3,904 (Tax) (469) (595) (Loss from operations of discontinued
segments) (186) (1) (Minority interest) (382) (361) (Net income
after tax) 1,707 2,947 Tax & Minority Interest Tax &
Minority InterestTax & Minority Interest Unit: NT$ million 18.
18 Net Income After Tax Net Income After TaxNet Income After Tax
1.71 3.48 3.58 2.89 2.95 6.7% 11.9% 10.4% 8.8% 7.9% 1Q09 2Q09 3Q09
4Q09 1Q10 Unit: NT$ billion & % of sales 19. 19 0.76 1.54 1.59
1.28 1.30 1Q09 2Q09 3Q09 4Q09 1Q10 () EPS (unit: NT$) (()) EPS
(unit: NT$)EPS (unit: NT$) *22.60 *EPS based on weighted average
shares outstanding of 2,260 million shares. 20. 20 Proposed
Earnings Distribution Proposed Earnings DistributionProposed
Earnings Distribution 4.2 Cash dividend per share: NT$ 4.2
NT$2,156,670,465 Employee cash bonus: NT$2,156,670,465
NT$16,700,000 Board compensation: NT$16,700,000 21. 21 THANK YOU !
THANK YOU !
