Commission File Number 001-31335 |
AU Optronics Corp.
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(Translation of registrant’s name into English)
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No. 1 Li-Hsin Road 2
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Hsinchu Science Park
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Hsinchu, Taiwan
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(Address of principal executive offices)
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Form 20-F X Form 40-F
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Yes ....... No ...X... |
1.
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Press release entitled, “AU Optronics Corp. Reports 1Q2013 Financial Results” dated April 30” dated April 30, 2013.
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2.
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Investor Conference Materials entitled, “AU Optronics Corp. First Quarter 2013 Results”, dated April 30, 2013.
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AU Optronics Corp.
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|||
Date: April 30, 2013
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By:
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/s/ Andy Yang
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Name:
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Andy Yang
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||
Title:
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Chief Financial Officer
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Ÿ
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Revenue was NT$94,244 million, down 5.2% quarter-over-quarter
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Ÿ
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Net loss was NT$3,320 million
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Ÿ
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Basic EPS was -NT$0. 36
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Ÿ
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Gross margin was 4.8%
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Ÿ
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Operating margin was -1.4%
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Ÿ
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EBITDA (3) margin was 16.3%
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Freda Lee
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Yawen Hsiao |
Corporate Communications Division
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Corporate Communications Division
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AU Optronics Corp.
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AU Optronics Corp.
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Tel: +886-3-5008800 ext 3206
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+886-3-5008800 ext 3211 |
Fax: +886-3-5772730
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+886-3-5772730 |
Email: freda.lee@auo.com
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yawen.hsiao@auo.com |
AU Optronics Corp. First Quarter 2013 Results Investor Conference [GRAPHIC OMITTED] Apr 30, 2013 Safe Harbor Notice [] The statements included in this presentation that are not historical in nature are "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933 and Section 21E of the United States Securities Exchange Act of 1934. These forward-looking statements, which may include statements regarding AU Optronics' future results of operations, financial condition or business prospects, are subject to significant risks and uncertainties and are based on AU Optronics' current expectations. [] Actual results may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons, including, among other things: the cyclical nature of our industry; our dependence on introducing new products on a timely basis; our dependence on growth in the demand for our products; our ability to compete effectively; our ability to successfully expand our capacity; our dependence on key personnel; general economic and political conditions, including those related to the TFT-LCD industry; possible disruptions in commercial activities caused by natural and human-induced disasters, including terrorist activity and armed conflict; and fluctuations in foreign currency exchange rates. [] Beginning on January 1, 2013, we have adopted the International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS") to the extent endorsed by the ROC Financial Supervisory Commission ("FSC") ("Taiwan IFRS") for reporting our annual and interim consolidated financial statements in the ROC in accordance with the requirements of the FSC. All financial information contained herewithin is presented in conformity with Taiwan IFRS. Readers should be cautioned that Taiwan IFRS differs in many material respects from accounting principles generally accepted in the Republic of China ("ROC GAAP"), the United States of America ("US GAAP"), and IFRS including to the extent that any new or amended standards or interpretations applicable under IFRS may not be timely endorsed by the FSC. We have historically presented our consolidated financial statements in accordance with ROC GAAP, including our consolidated financial statements for the year ended December 31, 2012. Consequently, the selected comparison financial information to be included in our quarterly earning releases in 2013 may differ materially from those released historically. [] Our release of financial forecasts and forward-looking statements at any particular time does not create any duty of disclosure beyond that which is imposed by law, and we expressly disclaim any obligation to publicly update or revise any forecasts or forward-looking statements, whether as a result of new information, future events or otherwise. [] Additional information as to these and other factors that may cause actual results to differ materially from AU Optronics' forward-looking statements or some of the major differences between ROC GAAP and US GAAP, IFRS or Taiwan IFRS can be found in AU Optronics' Annual Report on Form 20-F with respect to the year ended December, 2012 filed with the United States Securities and Exchange Commission. |
Statement of Comprehensive Income Selected Items form Statement of Comprehensive Income Amount : NT$ Million --------- ------- --------- ------- -------- 1Q'13 4Q'12 QoQ % --------- ------- --------- ------- -------- Net Sales 94,244 100.0% 99,400 100.0% (5.2%) Cost of Goods Sold (89,696) (95.2%) (97,769) (98.4%) (8.3%) ========= ======= ========= ======= ======== Gross Profit (Loss) 4,548 4.8% 1,631 1.6% 178.8% Operating Expenses (5,910) (6.3%) (6,577) (6.6%) (10.1%) ========= ======= ========= ======= ======== Operating Loss (1,361) (1.4%) (4,945) (5.0%) (72.5%) Net Non-operating Expenses (1,844) (2.0%) (7,967) (8.0%) (76.9%) ========= ======= ========= ======= ======== Loss before Tax (3,205) (3.4%) (12,912) (13.0%) (75.2%) ========= ======= ========= ======= ======== Net Loss (3,320) (3.5%) (12,954) (13.0%) (74.4%) ========= ======= ========= ======= ======== Attributable to: Owners of Company (3,173) (3.4%) (12,258) (12.3%) (74.1%) Non-controlling Interests (146) (0.2%) (697) (0.7%) (79.0%) ========= ======= ========= ======= ======== Net Loss (3,320) (3.5%) (12,954) (13.0%) (74.4%) ========= ======= ========= ======= ======== Basic EPS (NT$)(a) (0.36) (1.39) (74.1%) Operating Income + DandA 15,358 16.3% 12,325 12.4% 24.6% Display Segment Information: Net Sales 90,872 100.0% 97,185 100.0% (6.5%) Operating Income (Loss) 184 0.2% (3,276) (3.4%) [] Operating Income + DandA 15,927 17.5% 12,822 13.2% 24.2% Unit Shipments (mn)(b) Large Size Panels 27.0 31.0 (13.0%) Small and Medium Size Panels 30.7 37.6 (18.5%) --------- -------- 1Q'12 --------- -------- 81,102 100.0% (88,471) (109.1%) ========= ======== (7,370) (9.1%) (6,320) (7.8%) ========= ======== (13,690) (16.9%) (340) (0.4%) ========= ======== (14,030) (17.3%) ========= ======== (13,782) (17.0%) ========= ======== (13,590) (16.8%) (191) (0.2%) ========= ======== (13,782) (17.0%) ========= ======== (1.54) 6,266 7.7% 78,461 100.0% (12,028) (15.3%) 6,823 8.7% 27.3 36.7 -- Unaudited, prepared by AUO based on Taiwan IFRS (a) Basic EPS was calculated based on the total weighted average outstanding shares of each quarter (8,827m shares in 1Q'13, in 4Q'12 and in 1Q'12) by retroactively adjusting to stock dividend and stock bonus (b) Large size refers to panels that are 10 inches and above 3 AUO Proprietary and Confidential [GRAPHIC OMITTED] |
Consolidated Balance Sheet Highlights Amount : NT$ Million 1Q'13 4Q'12 QoQ % 1Q'12 -------- -------- ------- -------- Cash and ST Investment()a) 64,976 76,656 (15.2%) 84,335 Inventory 47,099 42,586 10.6% 54,185 Short Term Debt()b ) 54,603 54,111 0.9% 54,799 Long Term Debt 161,865 169,016 (4.2%) 196,375 Equity 159,981 161,517 (1.0%) 205,626 Total Assets 524,198 542,416 (3.4%) 606,775 Inventory Turnover (Days)()c) 46 42 53 Net Debt to Equity()d ) 94.7% 90.7% 81.1% -- Unaudited, prepared by AUO based on Taiwan IFRS (a) Excluding time deposit with maturity longer than 3 months (NT$ 2,184m in 1Q'13 ,NT$770m in 4Q'12, and NT$2,233m in 1Q'12) (b) Short term debt refers to all interest bearing debt maturing within one year (c) Calculated by dividing the average inventory into the annualized cost of goods sold during such period, then multiplying by 365 days (d) Calculated by adding S-T debt and L-T debt, subtracting cash and S-T investment, then dividing total equity Consolidated Cash Flow Highlights Amount : NT$ Million 1Q'13 4Q'12 QoQ --------- --------- --------- From Operating Activities 1,863 23,583 (21,720) Loss before Tax (3,205) (12,912) 9,707 Depreciation and Amortization 16,719 17,271 (551) Net Change in Working Capital (11,799) 16,386 (28,184) =============================== ========= ========= ========= From Investing Activities (7,235) (7,168) (67) Capital Expenditure (7,463) (7,530) 67 =============================== ========= ========= ========= From Financing Activities (6,608) (16,716) 10,108 Net Change in Debt (6,697) (13,607) 6,910 =============================== ========= ========= ========= Net Change in Cash()a) (11,680) (180) (11,500) -- Unaudited, prepared by AUO based on Taiwan IFRS (a) In addition to cash generated from operating, investing and financing activities, net change in cash also included effect on currency exchange of foreign subsidiaries |
Consolidated Revenues by Application [GRAPHIC OMITTED] -- Unaudited, prepared by AUO based on Taiwan IFRS -- CP: Consumer products -- Mobile PC : Include Notebook/Tablet Sales Breakdown by Size [GRAPHIC OMITTED] -- Unaudited, prepared by AUO based on Taiwan IFRS |
Consolidated Shipments and ASP by Area [GRAPHIC OMITTED] -- Unaudited, prepared by AUO based on Taiwan IFRS -- ASP per square meter in US$ was translated from NT$ based on average exchange rates announced by Directorate General of Customs, ROC Ministry of Finance of each respective quarter Consolidated Small and Medium Panel Shipments by Area and Revenues [GRAPHIC OMITTED] -- Unaudited, prepared by AUO based on Taiwan IFRS -- Small and Medium size refers to panels that are under 10 inches |
Quarterly Capacity by Area [GRAPHIC OMITTED] Appendix |
Statement of Comprehensive Income on Taiwan IFRS Selected Items form Statement of Comprehensive Income Amount : NT$ Million Q1'12 Q2'12 Q3'12 Q4'12 2012 Q1'13 -------- -------- --------- -------- --------- -------- Net Sales 81,102 95,189 102,781 99,400 378,471 94,244 Cost of Goods Sold 88,471 99,301 106,053 97,769 391,594 89,696 Gross Profit (Loss) (7,370) (4,113) (3,272) 1,631 (13,123) 4,548 Operating Loss (13,690) (10,620) (9,353) (4,945) (38,608) (1,361) EBITDA 6,266 8,748 9,329 12,325 36,668 15,358 Income before tax (14,030) (12,092) (16,408) (12,912) (55,443) (3,205) Net Loss (13,782) (12,700) (16,603) (12,954) (56,039) (3,320) Basic EPS (NT$) (1.54) (1.42) (1.86) (1.39) (6.20) (0.36) Gross Margin -9.1% -4.3% -3.2% 1.6% -3.5% 4.8% Operating Margin -16.9% -11.2% -9.1% -5.0% -10.2% -1.4% EBITDA Margin 7.7% 9.2% 9.1% 12.4% 9.7% 16.3% -- Unaudited, prepared by AUO based on Taiwan IFRS Major Differences between Taiwan IFRS and ROC GAAP Amount : NT$ Million Taiwan IFRS ROC GAAP 2012 2012 Difference % ------------- ------------- ------------ ---- Items on Statement of Comprehensive Income Net Sales 378,471 378,471 - 0% Gross Loss (13,123) (8,675) (4,448) 51% Operating Loss (38,608) (37,865) (744) 2% Net Loss (56,039) (55,907) (132) 0% Items on Balance Sheets Current Assets 174,072 175,736 (1,664) -1% PPandE 315,518 313,993 1,525 0% Other Non-current Assets 52,826 50,074 2,752 5% Total Assets 542,416 539,803 2,614 0% Current Liabilities 192,222 191,594 627 0% Non-current Liabilities 188,678 184,973 3,705 2% Total Liabilities 380,900 376,567 4,333 1% Equity 161,517 163,235 (1,719) -1% -- Unaudited, prepared by AUO based on Taiwan IFRS |
[GRAPHIC OMITTED] |
March 31, 2013 |
March 31, 2012
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YoY
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||||||||||||||||||||||||||
ASSETS
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USD
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NTD
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%
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NTD
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%
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Change
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%
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|||||||||||||||||||||
Cash and Cash Equivalents
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2,180 | 64,976 | 12.4 | 84,335 | 13.9 | (19,359 | ) | (23.0 | ) | |||||||||||||||||||
Notes & Accounts Receivables
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1,306 | 38,944 | 7.4 | 50,520 | 8.3 | (11,576 | ) | (22.9 | ) | |||||||||||||||||||
Other Current Financial Assets
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187 | 5,587 | 1.1 | 4,041 | 0.7 | 1,546 | 38.3 | |||||||||||||||||||||
Inventories
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1,580 | 47,099 | 9.0 | 54,185 | 8.9 | (7,087 | ) | (13.1 | ) | |||||||||||||||||||
Other Current Assets
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313 | 9,331 | 1.8 | 9,741 | 1.6 | (410 | ) | (4.2 | ) | |||||||||||||||||||
Total Current Assets
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5,566 | 165,936 | 31.7 | 202,822 | 33.4 | (36,885 | ) | (18.2 | ) | |||||||||||||||||||
Long-term Investments
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539 | 16,056 | 3.1 | 17,431 | 2.9 | (1,375 | ) | (7.9 | ) | |||||||||||||||||||
Net Fixed Assets
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10,221 | 304,696 | 58.1 | 349,213 | 57.6 | (44,516 | ) | (12.7 | ) | |||||||||||||||||||
Other Assets
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1,258 | 37,510 | 7.2 | 37,309 | 6.1 | 201 | 0.5 | |||||||||||||||||||||
Total Assets
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17,585 | 524,198 | 100.0 | 606,775 | 100.0 | (82,576 | ) | (13.6 | ) | |||||||||||||||||||
LIABILITIES
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||||||||||||||||||||||||||||
Short-term Borrowings
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199 | 5,936 | 1.1 | 6,885 | 1.1 | (949 | ) | (13.8 | ) | |||||||||||||||||||
Accounts Payable
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2,809 | 83,738 | 16.0 | 77,883 | 12.8 | 5,855 | 7.5 | |||||||||||||||||||||
Current Installments of Long-term Borrowings
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1,633 | 48,667 | 9.3 | 47,914 | 7.9 | 754 | 1.6 | |||||||||||||||||||||
Current Financial Liabilities
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11 | 317 | 0.1 | 258 | 0.0 | 59 | 22.7 | |||||||||||||||||||||
Accrued Expense & Other Current Liabilities
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1,093 | 32,590 | 6.2 | 41,892 | 6.9 | (9,302 | ) | (22.2 | ) | |||||||||||||||||||
Machinery and Equipment Payable
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403 | 12,018 | 2.3 | 17,510 | 2.9 | (5,492 | ) | (31.4 | ) | |||||||||||||||||||
Total Current Liabilities
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6,148 | 183,266 | 35.0 | 192,341 | 31.7 | (9,075 | ) | (4.7 | ) | |||||||||||||||||||
Long-term Borrowings
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4,679 | 139,493 | 26.6 | 174,934 | 28.8 | (35,441 | ) | (20.3 | ) | |||||||||||||||||||
Bonds Payable
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750 | 22,371 | 4.3 | 21,441 | 3.5 | 931 | 4.3 | |||||||||||||||||||||
Non Current Financial Liabilities
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1 | 44 | 0.0 | 261 | 0.0 | (217 | ) | (83.3 | ) | |||||||||||||||||||
Other Long-term Liabilities
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639 | 19,043 | 3.6 | 12,171 | 2.0 | 6,872 | 56.5 | |||||||||||||||||||||
Total Long-term Liabilities
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6,070 | 180,952 | 34.5 | 208,807 | 34.4 | (27,855 | ) | (13.3 | ) | |||||||||||||||||||
Total Liabilities
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12,218 | 364,217 | 69.5 | 401,148 | 66.1 | (36,931 | ) | (9.2 | ) | |||||||||||||||||||
EQUITY
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||||||||||||||||||||||||||||
Common Stock
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2,961 | 88,270 | 16.8 | 88,270 | 14.5 | 0 | 0.0 | |||||||||||||||||||||
Capital Surplus
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3,785 | 112,821 | 21.5 | 114,988 | 19.0 | (2,166 | ) | (1.9 | ) | |||||||||||||||||||
Retained Earnings
|
(1,941 | ) | (57,865 | ) | (11.0 | ) | (15,159 | ) | (2.5 | ) | (42,706 | ) | 281.7 | |||||||||||||||
Other Equity
|
86 | 2,553 | 0.5 | 1,262 | 0.2 | 1,291 | 102.3 | |||||||||||||||||||||
Non-Controlling Interests
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476 | 14,201 | 2.7 | 16,265 | 2.7 | (2,064 | ) | (12.7 | ) | |||||||||||||||||||
Total Equity
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5,367 | 159,981 | 30.5 | 205,626 | 33.9 | (45,645 | ) | (22.2 | ) | |||||||||||||||||||
Total Liabilities & Equity
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17,585 | 524,198 | 100.0 | 606,775 | 100.0 | (82,576 | ) | (13.6 | ) |
Note:
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(1) Unaudited, prepared by AUO based on Taiwan IFRS
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(2)
|
Amounts in New Taiwan dollars were translated into US dollars at the exchange rate of NTD 29.81 per USD as of March 31, 2013
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(3)
|
Cash and Cash Equivalents excluding time deposit with maturity longer than 3 months
|
Year over Year Comparison | Sequential Comparison | |||||||||||||||||||||||||||||||||||||||
1Q 2013 |
% of
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1Q 2012 |
YoY
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1Q 2013 |
% of
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4Q 2012 |
QoQ
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|||||||||||||||||||||||||||||||||
USD
|
NTD
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Sales
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NTD
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Chg %
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USD
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NTD
|
Sales
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NTD
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Chg %
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|||||||||||||||||||||||||||||||
Net Sales
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3,161 | 94,244 | 100.0 | 81,102 | 16.2 | 3,161 | 94,244 | 100.0 | 99,400 | (5.2 | ) | |||||||||||||||||||||||||||||
Cost of Goods Sold
|
3,009 | 89,696 | 95.2 | 88,471 | 1.4 | 3,009 | 89,696 | 95.2 | 97,769 | (8.3 | ) | |||||||||||||||||||||||||||||
Gross Profit (Loss)
|
153 | 4,548 | 4.8 | (7,370 | ) |
-
|
153 | 4,548 | 4.8 | 1,631 | 178.8 | |||||||||||||||||||||||||||||
Operating Expenses
|
198 | 5,910 | 6.3 | 6,320 | (6.5 | ) | 198 | 5,910 | 6.3 | 6,577 | (10.1 | ) | ||||||||||||||||||||||||||||
Operating Loss
|
(46 | ) | (1,361 | ) | (1.4 | ) | (13,690 | ) | (90.1 | ) | (46 | ) | (1,361 | ) | (1.4 | ) | (4,945 | ) | (72.5 | ) | ||||||||||||||||||||
Net Non-Operating Expense
|
(62 | ) | (1,844 | ) | (2.0 | ) | (340 | ) | 441.9 | (62 | ) | (1,844 | ) | (2.0 | ) | (7,967 | ) | (76.9 | ) | |||||||||||||||||||||
Loss before Income Tax
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(108 | ) | (3,205 | ) | (3.4 | ) | (14,030 | ) | (77.2 | ) | (108 | ) | (3,205 | ) | (3.4 | ) | (12,912 | ) | (75.2 | ) | ||||||||||||||||||||
Income Tax Benefit (Expense)
|
(4 | ) | (114 | ) | (0.1 | ) | 249 |
-
|
(4 | ) | (114 | ) | (0.1 | ) | (42 | ) | 170.8 | |||||||||||||||||||||||
Net Loss
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(111 | ) | (3,320 | ) | (3.5 | ) | (13,782 | ) | (75.9 | ) | (111 | ) | (3,320 | ) | (3.5 | ) | (12,954 | ) | (74.4 | ) | ||||||||||||||||||||
Other Comprehensive Income(Loss)
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49 | 1,457 | 1.5 | (1,101 | ) |
-
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49 | 1,457 | 1.5 | (8 | ) |
-
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||||||||||||||||||||||||||||
Total Comprehensive Loss
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(62 | ) | (1,862 | ) | (2.0 | ) | (14,882 | ) | (87.5 | ) | (62 | ) | (1,862 | ) | (2.0 | ) | (12,962 | ) | (85.6 | ) | ||||||||||||||||||||
Net Loss Attributable to:
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||||||||||||||||||||||||||||||||||||||||
Owners of Company
|
(106 | ) | (3,173 | ) | (3.4 | ) | (13,590 | ) | (76.6 | ) | (106 | ) | (3,173 | ) | (3.4 | ) | (12,258 | ) | (74.1 | ) | ||||||||||||||||||||
Non-controlling Interests
|
(5 | ) | (146 | ) | (0.2 | ) | (191 | ) | (23.7 | ) | (5 | ) | (146 | ) | (0.2 | ) | (697 | ) | (79.0 | ) | ||||||||||||||||||||
Net Loss
|
(111 | ) | (3,320 | ) | (3.5 | ) | (13,782 | ) | (75.9 | ) | (111 | ) | (3,320 | ) | (3.5 | ) | (12,954 | ) | (74.4 | ) | ||||||||||||||||||||
Total Comprehensive Loss Attributable to:
|
||||||||||||||||||||||||||||||||||||||||
Owners of Company
|
(66 | ) | (1,959 | ) | (2.1 | ) | (14,551 | ) | (86.5 | ) | (66 | ) | (1,959 | ) | (2.1 | ) | (12,308 | ) | (84.1 | ) | ||||||||||||||||||||
Non-controlling Interests
|
3 | 97 | 0.1 | (331 | ) |
-
|
3 | 97 | 0.1 | (655 | ) |
-
|
||||||||||||||||||||||||||||
Total Comprehensive Loss
|
(62 | ) | (1,862 | ) | (2.0 | ) | (14,882 | ) | (87.5 | ) | (62 | ) | (1,862 | ) | (2.0 | ) | (12,962 | ) | (85.6 | ) | ||||||||||||||||||||
Basic Earnings Per Share
|
(0.01 | ) | (0.36 | ) | (1.54 | ) | (0.01 | ) | (0.36 | ) | (1.39 | ) | ||||||||||||||||||||||||||||
Basic Earnings Per ADR(3)
|
(0.12 | ) | (3.60 | ) | (15.40 | ) | (0.12 | ) | (3.60 | ) | (13.89 | ) | ||||||||||||||||||||||||||||
Weighted-Average Shares Outstanding ('M)
|
8,827 | 8,827 | 8,827 | 8,827 |
Note:
|
(1) Unaudited, prepared by AUO based on Taiwan IFRS
|
(2)
|
Amounts in New Taiwan dollars were translated into US dollars at the exchange rate of NTD 29.81 per USD as of March 31, 2013
|
(3)
|
1 ADR equals 10 common shares
|
1Q 2013 | 1Q 2012 | |||||||||||
USD
|
NTD
|
NTD
|
||||||||||
Cash Flow from Operating Activities:
|
||||||||||||
Loss before Income Taxes
|
(108 | ) | (3,205 | ) | (14,030 | ) | ||||||
Depreciation & Amortization
|
561 | 16,719 | 19,956 | |||||||||
Investment Loss under Equity Method
|
(3 | ) | (76 | ) | (45 | ) | ||||||
Changes in Working Capital
|
(396 | ) | (11,799 | ) | (17,519 | ) | ||||||
Changes in Others
|
7 | 223 | (1,716 | ) | ||||||||
Net Cash Provided(Used) by Operating Activities
|
62 | 1,863 | (13,354 | ) | ||||||||
Cash Flow from Investing Activities:
|
||||||||||||
Proceeds from Disposal of AFS Investments
|
0 | 0 | 291 | |||||||||
Acquisition of Property, Plant and Equipment
|
(250 | ) | (7,463 | ) | (14,427 | ) | ||||||
Proceeds from Disposal of Property, Plant and Equipment
|
2 | 54 | 16 | |||||||||
Acquisition of Equity-Accounted Investees and Financial assets carried at cost
|
(5 | ) | (135 | ) | (240 | ) | ||||||
Proceeds from Disposal of Equity-Accounted Investees and Financial assets carried at cost
|
5 | 162 | 34 | |||||||||
Increase in Other Financial Assets
|
(0 | ) | (13 | ) | (348 | ) | ||||||
Increase in Intangible Assets
|
0 | 0 | (35 | ) | ||||||||
Decrease(Increase) in Other Assets
|
5 | 160 | (146 | ) | ||||||||
Net Cash Used in Investing Activities
|
(243 | ) | (7,235 | ) | (14,854 | ) | ||||||
Cash Flow from Financing Activities:
|
||||||||||||
Decrease in Short-term Borrowings
|
(90 | ) | (2,685 | ) | (966 | ) | ||||||
Decrease in Guarantee Deposits
|
(5 | ) | (154 | ) | (23 | ) | ||||||
Increase(Decrease) in Long-term Borrowings and Bonds Payable
|
(135 | ) | (4,013 | ) | 22,624 | |||||||
Issuance of Stocks to Non-Controlling Interests and Others
|
8 | 244 | 604 | |||||||||
Net Cash Provided(Used) by Financing Activities
|
(222 | ) | (6,608 | ) | 22,240 | |||||||
Effect of Exchange Rate Changes on Cash
|
10 | 301 | 250 | |||||||||
Net Decrease in Cash and Cash Equivalents
|
(392 | ) | (11,680 | ) | (5,719 | ) | ||||||
Cash and Cash Equivalents at Beginning of Period
|
2,571 | 76,656 | 90,053 | |||||||||
Cash and Cash Equivalents at End of Period
|
2,180 | 64,976 | 84,335 |
Note:
|
(1) Unaudited, prepared by AUO based on Taiwan IFRS
|
(2)
|
Amounts in New Taiwan dollars were translated into US dollars at the exchange rate of NTD 29.81 per USD as of March 31, 2013
|