United Microelectronics Corp 6-K, filed Aug 26, 2022

United Microelectronics Corp (UMC)

6-K 2022-08-26 For: 2022-06-30

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Added on April 10, 2026

About this 6-K

United Microelectronics Corp filed this 6-K on August 26, 2022.

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		United Microelectronics Corporation

Date: August 26, 2022	By:	Chitung Liu
	Name:	Chitung Liu
	Title:	CFO

Exhibit No.		Description

99.1		CONSOLIDATED FINANCIAL STATEMENTS

English Translation of Consolidated Financial Statements Originally Issued in Chinese
UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
June 30, 2022, December 31, 2021 and June 30, 2021 (June 30, 2022 and 2021 are unaudited)
(Expressed in Thousands of New Taiwan Dollars)

		As of
Assets	Notes	June 30, 2022	December 31, 2021	June 30, 2021
Current assets
Cash and cash equivalents	6(1)	$183,723,273	$132,622,131	$124,000,482
Financial assets at fair value through profit or loss, current	6(2)	704,464	945,021	1,021,168
Financial assets at fair value through other comprehensive income, current	6(3)	3,236,538	8,482,334	-
Financial assets measured at amortized cost, current	6(4)	2,824,309	28,854,684	24,951,491
Contract assets, current	6(21)	393,337	319,621	258,583
Accounts receivable, net	6(5)	42,127,455	34,624,109	29,795,387
Accounts receivable-related parties, net	7	756,589	566,338	318,038
Other receivables		1,120,961	857,233	1,237,349
Current tax assets		11,579	2,597	12,160
Inventories, net	6(6)	27,340,727	23,011,183	22,438,972
Prepayments		2,657,301	2,376,024	2,914,638
Other current assets	6(21)	881,660	612,158	885,057
Total current assets		265,778,193	233,273,433	207,833,325

Non-current assets
Financial assets at fair value through profit or loss, noncurrent	6(2), 7	19,709,785	19,501,274	17,452,278
Financial assets at fair value through other comprehensive income, noncurrent	6(3)	11,903,762	11,353,331	14,318,527
Financial assets measured at amortized cost, noncurrent	6(4)	8,786	8,786	8,786
Investments accounted for under the equity method	6(7)	34,750,597	41,692,084	34,783,316
Property, plant and equipment	6(8), 8	134,242,523	129,941,703	123,982,562
Right-of-use assets	6(9), 8	7,899,812	7,126,845	7,413,330
Intangible assets	6(10), 7	4,116,844	3,644,933	4,658,255
Deferred tax assets		5,114,686	5,395,993	5,886,359
Prepayment for equipment		9,779,912	8,322,874	2,757,284
Refundable deposits	8	2,739,947	2,358,549	2,265,239
Other noncurrent assets-others		3,709,295	1,806,966	318,133
Total non-current assets		233,975,949	231,153,338	213,844,069

Total assets		$499,754,142	$464,426,771	$421,677,394

(continued)

English Translation of Consolidated Financial Statements Originally Issued in Chinese
UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
June 30, 2022, December 31, 2021 and June 30, 2021 (June 30, 2022 and 2021 are unaudited)
(Expressed in Thousands of New Taiwan Dollars)

		As of
Liabilities and Equity	Notes	June 30, 2022	December 31, 2021	June 30, 2021
Current liabilities
Short-term loans	6(11), 6(28)	$624,208	$1,924,124	$5,386,301
Financial liabilities at fair value through profit or loss, current	6(12)	422,830	2,380,599	2,067
Contract liabilities, current	6(21)	4,592,148	3,441,754	2,883,910
Notes and accounts payable		9,949,243	8,364,158	8,420,709
Other payables	6(19), 6(20),7	65,598,270	21,417,215	19,490,596
Payables on equipment		11,598,684	7,875,927	6,669,466
Dividends payable	6(19)	-	-	19,875,842
Current tax liabilities		7,760,514	4,254,042	2,172,539
Lease liabilities, current	6(9), 6(28)	506,580	557,873	553,599
Other financial liabilities, current	6(28), 9(6)	13,012,249	12,718,616	-
Current portion of long-term liabilities	6(13), 6(14), 6(28)	12,592,959	37,331,970	14,263,379
Other current liabilities	6(16), 6(17), 6(28), 7	5,155,891	5,187,451	5,286,095
Total current liabilities		131,813,576	105,453,729	85,004,503

Non-current liabilities
Contract liabilities, noncurrent	6(21)	548,729	641,386	446,560
Bonds payable	6(13), 6(28)	23,080,240	23,077,699	20,081,952
Long-term loans	6(14), 6(28)	22,619,095	16,751,896	30,884,834
Deferred tax liabilities		2,108,575	1,763,159	1,644,805
Lease liabilities, noncurrent	6(9), 6(28)	5,345,546	4,510,881	4,770,712
Net defined benefit liabilities, noncurrent	6(15)	3,198,580	3,877,321	3,716,914
Guarantee deposits	6(28)	15,960,319	14,261,029	7,748,047
Other noncurrent liabilities-others	6(16), 6(18), 6(20),6(28), 9(6)	11,831,904	12,886,787	27,186,940
Total non-current liabilities		84,692,988	77,770,158	96,480,764

Total liabilities		216,506,564	183,223,887	181,485,267

Equity attributable to the parent company
Capital	6(19)
Common stock		124,821,235	124,832,476	124,232,695
Additional paid-in capital	6(19), 6(20)
Premiums		2,443,428	39,889,798	36,809,962
Treasury stock transactions		4,531,955	4,531,955	3,340,664
The differences between the fair value of the consideration paid or received from		466,457	466,457	466,457
acquiring or disposing subsidiaries and the carrying amounts of the subsidiaries
Recognition of changes in subsidiaries’ ownership		1,366	-	6,077
Share of changes in net assets of associates and joint ventures accounted for using equity method		169,933	87,889	85,738
Employee stock options		-	-	235,576
Restricted stock for employees		2,249,369	2,238,128	2,226,830
Other		537,613	683,866	10,869
Retained earnings	6(19)
Legal reserve		21,566,986	15,734,416	15,734,416
Special reserve		4,914,214	8,164,648	8,164,648
Unappropriated earnings		129,874,300	91,476,725	58,464,798
Other components of equity	6(20)
Exchange differences on translation of foreign operations		(11,446,747)	(16,629,547)	(15,600,378)
Unrealized gains or losses on financial assets measured at fair value through other		4,205,954	11,715,333	9,011,103
comprehensive income
Unearned employee compensation		(1,453,731)	(2,212,441)	(2,983,727)
Treasury stock	6(19), 6(20)	-	-	(119,801)
Total equity attributable to the parent company		282,882,332	280,979,703	240,085,927

Non-controlling interests	6(19)	365,246	223,181	106,200
Total equity		283,247,578	281,202,884	240,192,127

Total liabilities and equity		$ 499,754,142	$ 464,426,771	$ 421,677,394

The accompanying notes are an integral part of the consolidated financial statements.

English Translation of Consolidated Financial Statements Originally Issued in Chinese
UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES
UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
For the three-month and six-month periods ended June 30, 2022 and 2021
(Expressed in Thousands of New Taiwan Dollars, Except for Earnings per Share)

		For the three-month periods ended June 30,		For the six-month periods ended June 30,
	Notes	2022	2021	2022	2021
Operating revenues	6(21), 7	$ 72,055,140	$ 50,907,741	$ 135,477,960	$ 98,004,753
Operating costs	6(6), 6(10), 6(15), 6(20), 6(21), 6(22), 7	(38,582,963)	(34,999,769)	(74,501,453)	(69,602,479)
Gross profit		33,472,177	15,907,972	60,976,507	28,402,274
Operating expenses	6(5), 6(10), 6(15), 6(20), 6(22), 7
Sales and marketing expenses		(915,110)	(1,130,719)	(2,169,658)	(2,220,116)
General and administrative expenses		(2,579,376)	(1,900,665)	(4,806,315)	(3,706,931)
Research and development expenses		(3,209,359)	(3,168,316)	(6,242,298)	(6,217,308)
Expected credit impairment gains (losses)		(2,683)	(1,410)	(1,738)	11,042
Subtotal		(6,706,528)	(6,201,110)	(13,220,009)	(12,133,313)
Net other operating income and expenses	6(16), 6(23)	1,398,355	1,606,236	2,741,693	2,665,884
Operating income		28,164,004	11,313,098	50,498,191	18,934,845
Non-operating income and expenses
Interest income		285,710	153,184	454,680	269,627
Other income		190,952	573,188	207,582	587,294
Other gains and losses	6(24)	(1,918,086)	836,496	646,084	2,613,493
Finance costs	6(24)	(479,080)	(478,989)	(982,970)	(885,238)
Share of profit or loss of associates and joint ventures	6(7)	(2,026,536)	881,483	(3,884,968)	2,648,052
Exchange gain, net		1,360,550	-	2,286,789	9,367
Exchange loss, net		-	(84,089)	-	-
Subtotal		(2,586,490)	1,881,273	(1,272,803)	5,242,595
Income from continuing operations before income tax		25,577,514	13,194,371	49,225,388	24,177,440
Income tax expense	6(26)	(4,087,070)	(1,327,770)	(7,669,321)	(2,421,941)
Net income		21,490,444	11,866,601	41,556,067	21,755,499
Other comprehensive income (loss)	6(25)
Items that will not be reclassified subsequently to profit or loss
Unrealized gains or losses from equity instruments investments		(3,028,920)	(384,002)	(4,695,365)	3,792,383
measured at fair value through other comprehensive income
Share of other comprehensive income (loss) of associates and joint		(1,920,356)	723,178	(2,653,516)	1,598,917
ventures which will not be reclassified subsequently to profit or loss
Income tax related to items that will not be reclassified subsequently	6(26)	(106,175)	(27,393)	(161,295)	(60,695)
Items that may be reclassified subsequently to profit or loss
Exchange differences on translation of foreign operations		1,359,271	(2,232,217)	5,132,703	(3,688,455)
Share of other comprehensive income (loss) of associates and joint		(20,376)	(35,248)	112,691	(40,824)
ventures which may be reclassified subsequently to profit or loss
Income tax related to items that may be reclassified subsequently	6(26)	(32,657)	20,778	(62,547)	19,760
Total other comprehensive income (loss)		(3,749,213)	(1,934,904)	(2,327,329)	1,621,086
Total comprehensive income (loss)		$ 17,741,231	$9,931,697	$ 39,228,738	$ 23,376,585

Net income (loss) attributable to:
Shareholders of the parent		$ 21,326,816	$ 11,943,075	$ 41,134,351	$ 22,370,990
Non-controlling interests		163,628	(76,474)	421,716	(615,491)
		$ 21,490,444	$ 11,866,601	$ 41,556,067	$ 21,755,499

Comprehensive income (loss) attributable to:
Shareholders of the parent		$ 17,577,588	$ 10,008,186	$ 38,806,975	$ 23,992,093
Non-controlling interests		163,643	(76,489)	421,763	(615,508)
		$ 17,741,231	$9,931,697	$ 39,228,738	$ 23,376,585

Earnings per share (NTD)	6(27)
Earnings per share-basic		$1.74	$0.98	$3.35	$1.83
Earnings per share-diluted		$1.70	$0.96	$3.27	$1.80

The accompanying notes are an integral part of the consolidated financial statements.

English Translation of Consolidated Financial Statements Originally Issued in Chinese
UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES
UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
For the six-month periods ended June 30, 2022 and 2021
(Expressed in Thousands of New Taiwan Dollars)

		Equity Attributable to the Parent Company
		Capital		Retained Earnings			Other Components of Equity
	Notes	Common Stock	Additional Paid-in Capital	Legal Reserve	Special Reserve	Unappropriated Earnings	Exchange Differences on Translation of Foreign Operations	Unrealized Gains or Losses on Financial Assets Measured at Fair Value through Other Comprehensive Income	Unearned Employee Compensation	Treasury Stock	Total	Non- Controlling Interests	Total Equity
Balance as of January 1, 2021	6(19)	$124,224,015	$ 43,211,214	$ 12,536,526	$ 11,022,314	$ 56,617,520	$(11,890,876)	$ 3,726,229	$(3,667,395)	$(119,801)	$235,659,746	$ 113,356	$235,773,102
Appropriation and distribution of 2020 retained earnings	6(19)
Legal reserve		-	-	3,197,890	-	(3,197,890)	-	-	-	-	-	-	-
Cash dividends		-	-	-	-	(19,875,842)	-	-	-	-	(19,875,842)	-	(19,875,842)
Special reserve reversed		-	-	-	(2,857,666)	2,857,666	-	-	-	-	-	-	-
Net income (loss) in the first half of 2021	6(19)	-	-	-	-	22,370,990	-	-	-	-	22,370,990	(615,491)	21,755,499
Other comprehensive income (loss) in the first half of 2021	6(19),6(25)	-	-	-	-	-	(3,709,502)	5,330,605	-	-	1,621,103	(17)	1,621,086
Total comprehensive income (loss)		-	-	-	-	22,370,990	(3,709,502)	5,330,605	-	-	23,992,093	(615,508)	23,376,585
Share-based payment transaction	6(20)	8,680	203,236	-	-	-	-	-	683,668	-	895,584	-	895,584
Share of changes in net assets of associates and joint ventures		-	(8,142)	-	-	45,731	-	(45,731)	-	-	(8,142)	-	(8,142)
accounted for using equity method
Changes in subsidiaries’ ownership	6(19)	-	6,077	-	-	-	-	-	-	-	6,077	(6,074)	3
Non-Controlling Interests	6(19)	-	-	-	-	-	-	-	-	-	-	10,442	10,442
Others	6(19)	-	(230,212)	-	-	(353,377)	-	-	-	-	(583,589)	603,984	20,395
Balance as of June 30, 2021	6(19)	$124,232,695	$ 43,182,173	$ 15,734,416	$ 8,164,648	$ 58,464,798	$(15,600,378)	$ 9,011,103	$(2,983,727)	$(119,801)	$240,085,927	$ 106,200	$240,192,127

Balance as of January 1, 2022	6(19)	$124,832,476	$ 47,898,093	$ 15,734,416	$ 8,164,648	$ 91,476,725	$(16,629,547)	$ 11,715,333	$(2,212,441)	$ -	$280,979,703	$ 223,181	$281,202,884
Impact of retroactive applications	3, 6(19)	-	-	-	-	(153,843)	-	-	-	-	(153,843)	(66,089)	(219,932)
Adjusted balance as of January 1, 2022	6(19)	124,832,476	47,898,093	15,734,416	8,164,648	91,322,882	(16,629,547)	11,715,333	(2,212,441)	-	280,825,860	157,092	280,982,952
Appropriation and distribution of 2021 retained earnings	6(19)
Legal reserve		-	-	5,832,570	-	(5,832,570)	-	-	-	-	-	-	-
Special reserve reversed		-	-	-	(3,250,434)	3,250,434	-	-	-	-	-	-	-
Cash dividends distributed from additional paid-in capital		-	(37,446,370)	-	-	-	-	-	-	-	(37,446,370)	-	(37,446,370)
Net income in the first half of 2022	6(19)	-	-	-	-	41,134,351	-	-	-	-	41,134,351	421,716	41,556,067
Other comprehensive income (loss) in the first half of 2022	6(19),6(25)	-	-	-	-	-	5,182,800	(7,510,176)	-	-	(2,327,376)	47	(2,327,329)
Total comprehensive income (loss)		-	-	-	-	41,134,351	5,182,800	(7,510,176)	-	-	38,806,975	421,763	39,228,738
Share-based payment transaction	6(20)	(11,241)	11,241	-	-	-	-	-	758,710	-	758,710	-	758,710
Share of changes in net assets of associates and joint ventures		-	82,044	-	-	(797)	-	797	-	-	82,044	-	82,044
accounted for using equity method
Changes in subsidiaries’ ownership	6(19)	-	1,366	-	-	-	-	-	-	-	1,366	(1,366)	-
Non-Controlling Interests	6(19)	-	-	-	-	-	-	-	-	-	-	5,356	5,356
Others	6(19)	-	(146,253)	-	-	-	-	-	-	-	(146,253)	(217,599)	(363,852)
Balance as of June 30, 2022	6(19)	$124,821,235	$ 10,400,121	$ 21,566,986	$ 4,914,214	$129,874,300	$(11,446,747)	$ 4,205,954	$(1,453,731)	$ -	$282,882,332	$ 365,246	$283,247,578

The accompanying notes are an integral part of the consolidated financial statements.

English Translation of Consolidated Financial Statements Originally Issued in Chinese
UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
For the six-month periods ended June 30, 2022 and 2021
(Expressed in Thousands of New Taiwan Dollars)

	For the six-month periods ended June 30,
	2022	2021
Cash flows from operating activities:
Net income before tax	$49,225,388	$24,177,440
Adjustments to reconcile net income before tax to net cash provided by operating activities:
Depreciation	21,035,687	22,097,938
Amortization	1,461,320	1,406,214
Expected credit impairment losses (gains)	1,738	(11,042)
Net gain of financial assets and liabilities at fair value through profit or loss	(577,886)	(2,581,357)
Interest expense	940,057	851,568
Interest income	(454,680)	(269,627)
Dividend income	(207,582)	(587,294)
Share-based payment	758,710	895,619
Share of loss (profit) of associates and joint ventures	3,884,968	(2,648,052)
Gain on disposal of property, plant and equipment	(335,590)	(24,548)
Loss on disposal of investments	-	10,977
Loss on repurchases of bonds	136,393	-
Exchange loss (gain) on financial assets and liabilities	1,149,500	(209,018)
Gain on lease modification	(1,188)	-
Amortization of deferred government grants	(2,117,938)	(1,998,423)
Income and expense adjustments	25,673,509	16,932,955
Changes in operating assets and liabilities:
Financial assets and liabilities at fair value through profit or loss	(331,829)	307,355
Contract assets	(80,869)	(14,334)
Notes receivable and accounts receivable	(7,616,458)	(3,329,328)
Other receivables	(61,373)	86,526
Inventories	(4,165,517)	(211,675)
Prepayments	(2,027,453)	592,543
Other current assets	-	1,550
Contract fulfillment costs	(266,762)	(275,432)
Contract liabilities	940,775	888,145
Notes and accounts payable	1,591,997	706,246
Other payables	6,294,813	2,107,775
Other current liabilities	51,260	(410,986)
Net defined benefit liabilities	(678,741)	(445,740)
Other noncurrent liabilities-others	62,423	97,754
Cash generated from operations	68,611,163	41,210,794
Interest received	429,407	261,000
Dividend received	640,331	1,118,068
Interest paid	(790,460)	(835,208)
Income tax paid	(3,681,540)	(350,465)
Net cash provided by operating activities	65,208,901	41,404,189

(continued)

New, Revised or Amended Standards and Interpretations		Effective Date issued by IASB
Amendments to IAS 1 “Presentation of Financial Statements” - Disclosure Initiative - Accounting Policies		January 1, 2023
Amendments to IAS 8 “Accounting Policies, Changes in Accounting Estimates and Errors” - Definition of Accounting Estimates		January 1, 2023
Amendment to IAS 12 “Income Taxes” -Deferred Tax related to Assets and Liabilities arising from a Single Transaction		January 1, 2023

New, Revised or Amended Standards and Interpretations		Effective Date issued by IASB
IFRS 10 “Consolidated Financial Statements” and IAS 28 “Investments in Associates and Joint Ventures” - Sale or Contribution of Assets between an Investor and its Associate or Joint Ventures		To be determined by IASB
IFRS 17 “Insurance Contracts”		January 1, 2023
Amendments to IAS 1 “Presentation of Financial Statements” - Classification of Liabilities as Current or Non-current		January 1, 2023


			Percentage of ownership (%) As of
Investor	Subsidiary	Business nature	June 30, 2022	December 31, 2021	June 30, 2021
UMC	UMC GROUP (USA)	IC Sales	100.00	100.00	100.00
UMC	UNITED MICROELECTRONICS (EUROPE) B.V.	Marketing support activities	100.00	100.00	100.00
UMC	UMC CAPITAL CORP.	Investment holding	100.00	100.00	100.00
UMC	GREEN EARTH LIMITED (GE)	Investment holding	100.00	100.00	100.00
UMC	TLC CAPITAL CO., LTD. (TLC)	Venture capital	100.00	100.00	100.00
UMC	UMC INVESTMENT (SAMOA) LIMITED	Investment holding	100.00	100.00	100.00
UMC	FORTUNE VENTURE CAPITAL CORP. (FORTUNE)	Consulting and planning for venture capital	100.00	100.00	100.00
UMC	UMC KOREA CO., LTD.	Marketing support activities	100.00	100.00	100.00
UMC	OMNI GLOBAL LIMITED (OMNI)	Investment holding	100.00	100.00	100.00
UMC	SINO PARAGON LIMITED	Investment holding	100.00	100.00	100.00
UMC	BEST ELITE INTERNATIONAL LIMITED (BE)	Investment holding	100.00	100.00	100.00
UMC	UNITED SEMICONDUCTOR JAPAN CO., LTD.	Sales and manufacturing of integrated circuits	100.00	100.00	100.00
UMC and FORTUNE	WAVETEK MICROELECTRONICS CORPORATION (WAVETEK)	Sales and manufacturing of integrated circuits	80.14	80.37	80.94
TLC	SOARING CAPITAL CORP.	Investment holding	100.00	100.00	100.00
SOARING CAPITAL CORP.	UNITRUTH ADVISOR (SHANGHAI) CO., LTD.	Investment holding and advisory	100.00	100.00	100.00
GE	UNITED MICROCHIP CORPORATION	Investment holding	100.00	100.00	100.00

FORTUNE	TERA ENERGY DEVELOPMENT CO., LTD. (TERA ENERGY)	Energy technical services	100.00	100.00	100.00
TERA ENERGY	EVERRICH ENERGY INVESTMENT (HK) LIMITED (EVERRICH-HK)	Investment holding	100.00	100.00	100.00
EVERRICH-HK	EVERRICH (SHANDONG) ENERGY CO., LTD.	Solar engineering integrated design services	100.00	100.00	100.00
OMNI	UNITED MICROTECHNOLOGY CORPORATION (CALIFORNIA)	Research and development	100.00	100.00	100.00
OMNI	ECP VITA PTE. LTD.	Insurance	100.00	100.00	100.00
WAVETEK	WAVETEK MICROELECTRONICS INVESTMENT (SAMOA) LIMITED (WAVETEK-SAMOA)	Investment holding	100.00	100.00	100.00
WAVETEK- SAMOA	WAVETEK MICROELECTRONICS CORPORATION (USA)	Marketing service	100.00	100.00	100.00
BE	INFOSHINE TECHNOLOGY LIMITED (INFOSHINE)	Investment holding	100.00	100.00	100.00
INFOSHINE	OAKWOOD ASSOCIATES LIMITED (OAKWOOD)	Investment holding	100.00	100.00	100.00
OAKWOOD	HEJIAN TECHNOLOGY (SUZHOU) CO., LTD. (HEJIAN)	Sales and manufacturing of integrated circuits	99.9985	99.9985	99.9985
HEJIAN	UNITEDDS SEMICONDUCTOR (SHANDONG) CO., LTD.	Integrated circuits design services	100.00	100.00	100.00
UNITED MICROCHIP CORPORATION and HEJIAN	UNITED SEMICONDUCTOR (XIAMEN) CO., LTD. (USCXM)	Sales and manufacturing of integrated circuits	69.95	69.95	67.76

Buildings	7 - 56 years
Machinery and equipment	6 - 7 years
Transportation equipment	6 - 7 years
Furniture and fixtures	3 - 7 years
Leasehold improvement	The shorter of lease terms or useful lives

	For the six-month periods ended June 30,
	2022	2021
Beginning balance	$194,491	$206,084
Net recognize (reversal) for the period	7,555	(14,985)
Ending balance	$202,046	$191,099

	Land	Buildings	Machinery and equipment	Transportation equipment	Furniture and fixtures	Leasehold improvement	Construction in progress and equipment awaiting inspection	Total
As of January 1, 2022	$1,491,343	$36,827,480	$897,806,699	$55,959	$7,305,174	$61,282	$22,856,033	$966,403,970
Additions	-	203,396	-	-	-	-	22,763,691	22,967,087
Disposals	-	-	(2,624,247)	-	(6,090)	-	(14,889)	(2,645,226)
Transfers and reclassifications	-	184,036	29,165,694	93	275,894	-	(28,342,375)	1,283,342
Exchange effect	(58,892)	98,170	11,118,693	533	39,573	1,836	26,490	11,226,403
As of June 30, 2022	$1,432,451	$37,313,082	$935,466,839	$56,585	$7,614,551	$63,118	$17,288,950	$999,235,576

	Goodwill	Software	Patents and technology license fees	Others	Total
As of January 1, 2022	$15,012	$4,845,037	$4,491,164	$3,348,071	$12,699,284
Additions	-	1,567,945	-	195,597	1,763,542
Write-off	-	(1,379,159)	-	(622,163)	(2,001,322)
Reclassifications	-	56	-	-	56
Exchange effect	-	(103,456)	290,715	(14,570)	172,689
As of June 30, 2022	$15,012	$4,930,423	$4,781,879	$2,906,935	$12,634,249


Term	Issuance date	Issued amount	Coupon rate	Repayment
Seven-year	In mid-June 2014	NT$2,000 million	1.70%	Interest was paid annually and the principal was fully repaid in June 2021.
Ten-year	In mid-June 2014	NT$3,000 million	1.95%	Interest will be paid annually and the principal will be repayable in June 2024 upon maturity.
Five-year	In late March 2017	NT$6,200 million	1.15%	Interest was paid annually and the principal was fully repaid in March 2022.
Seven-year	In late March 2017	NT$2,100 million	1.43%	Interest will be paid annually and the principal will be repayable in March 2024 upon maturity.

Five-year	In early October 2017	NT$2,000 million	0.94%	Interest will be paid annually and the principal will be repayable in October 2022 upon maturity.
Seven-year	In early October 2017	NT$3,400 million	1.13%	Interest will be paid annually and the principal will be repayable in October 2024 upon maturity.
Five-year	In late April 2021	NT$5,500 million	0.57%	Interest will be paid annually and the principal will be repayable in April 2026 upon maturity.
Seven-year	In late April 2021	NT$2,000 million	0.63%	Interest will be paid annually and the principal will be repayable in April 2028 upon maturity.
Ten-year (green bond)	In late April 2021	NT$2,100 million	0.68%	Interest will be paid annually and the principal will be repayable in April 2031 upon maturity.
Five-year	In mid-December 2021	NT$5,000 million	0.63%	Interest will be paid annually and the principal will be repayable in December 2026 upon maturity.


	As of
Lenders	June 30, 2022	December 31, 2021	June 30, 2021	Redemption
Secured Long-Term Loan from Mega International Commercial Bank (1)	$-	$-	$547	Repayable quarterly from July 3, 2017 to July 5, 2021 with monthly interest payments. Interest-only payment for the first year.
Secured Long-Term Loan from Mega International Commercial Bank (2)	12,165	14,598	17,031	Repayable quarterly from October 24, 2019 to October 24, 2024 with monthly interest payments. Interest-only payment for the first year.
Secured Long-Term Loan from Mega International Commercial Bank (3)	18,000	-	-	Repayable quarterly from February 23, 2022 to February 22, 2027 with monthly interest payments. Interest-only payment for the first year.
Secured Long-Term Loan from Taiwan Cooperative Bank (1)	41,621	47,568	53,514	Repayable quarterly from October 19, 2015 to October 19, 2025 with monthly interest payments. Interest-only payment for the first year.
Secured Long-Term Loan from Taiwan Cooperative Bank (2)	8,750	13,125	17,500	Repayable monthly from May 31, 2019 to May 31, 2023 with monthly interest payments.
Secured Long-Term Loan from Taiwan Cooperative Bank (3)	38,000	44,000	50,000	Repayable monthly from August 13, 2020 to August 13, 2025 with monthly interest payments.
Secured Long-Term Loan from Taiwan Cooperative Bank (4)	19,655	22,759	25,862	Repayable monthly from October 29, 2020 to August 29, 2025 with monthly interest payments.
Secured Long-Term Loan from Taiwan Cooperative Bank (5)	96,792	101,000	32,000	Repayable monthly from April 15, 2021 to April 15, 2026 with monthly interest payments. Interest-only payment for the first year.

Secured Syndicated Loans from China Development Bank and 6 others (1) (Note A)	$9,957,734	$18,158,940	$19,956,463	Repayable semi-annually from October 20, 2016 to October 20, 2024 with semi-annually interest payments. Interest-only payment for the first and the second year.
Secured Syndicated Loans from China Development Bank and 6 others (2)	12,499,200	12,236,000	12,138,000	Repayable semi-annually from March 19, 2021 to March 18, 2031 with semi-annually interest payments. Interest-only payment for the first and the second year.
Secured Long-Term Loan from First Commercial Bank	47,000	47,000	-	Repayable monthly from December 2, 2021 to December 2, 2026 with monthly interest payments. Interest-only payment for the first year.
Secured Long-Term Loan from KGI Bank	21,000	21,000	-	Repayable semi-annually from December 27, 2021 to December 27, 2026 with monthly interest payments. Interest-only payment for the first and the second year.
Secured Long-Term Loan from Shanghai Commercial Bank	22,200	-	-	Repayable monthly from January 19, 2022 to December 15, 2026 with monthly interest payments. Interest-only payment for the first year.
Unsecured Long-Term Loan from ICBC Bank	-	-	1,610,508	Repayable semi-annually from September 20, 2019 to September 9, 2021 with quarterly interest payments. Interest-only payment for the first semi-annually year.
Unsecured Long-Term Loan from Xiamen Bank	-	436,126	433,066	Repayable semi-annually from November 24, 2020 to May 24, 2022 of RMB 0.1 million with monthly interest payments and the remaining principal will be repaid once at maturity. Interest-only payment for the first semi-annually year.
Unsecured Long-Term Loan from Bank of China	1,747,794	982,791	114,461	Repayable semi-annually from June 24, 2023 to June 24, 2026 with quarterly interest payments.
Unsecured Long-Term Loan from Bank of Taiwan (1)	416,667	500,000	500,000	Repayable quarterly from March 10, 2022 to December 10, 2024 with monthly interest payments.
Unsecured Long-Term Loan from Bank of Taiwan (2)	450,000	450,000	-	Repayable quarterly from March 24, 2023 to March 24, 2025 with monthly interest payments.

Unsecured Revolving Loan from Mega International Commercial Bank (Note B)	$-	$500,000	$500,000	Repayable semi-annually from October 16, 2020 to April 16, 2022 with monthly interest payments.
Unsecured Revolving Loan from Taipei Fubon Bank (Note C)	-	200,000	500,000	Repayable annually from August 9, 2020 to August 9, 2023 with monthly interest payments.
Unsecured Revolving Loan from Chang Hwa Commercial Bank (Note D)	-	550,000	800,000	Repayable quarterly from January 27, 2021 to October 27, 2022 with monthly interest payments.
Unsecured Revolving Loan from KGI Bank (1) (Note E)	-	-	600,000	Repayable annually from December 11, 2021 to December 11, 2023 with monthly interest payments.
Unsecured Revolving Loan from KGI Bank (2) (Note E)	-	500,000	-	Repayable annually from August 10, 2023 to August 10, 2026 with monthly interest payments.
Unsecured Revolving Loan from First Commercial Bank (1) (Note F and G)	300,000	300,000	300,000	Settlement due on February 25, 2026 with monthly interest payments.
Unsecured Revolving Loan from First Commercial Bank (2) (Note F and G)	300,000	300,000	300,000	Settlement due on March 15, 2026 with monthly interest payments.
Unsecured Revolving Loan from First Commercial Bank (3) (Note F and G)	200,000	200,000	200,000	Settlement due on June 15, 2026 with monthly interest payments.
Unsecured Revolving Loan from Yuanta Commercial Bank (Note H)	600,000	1,000,000	800,000	Repayable annually from March 2, 2023 to March 2, 2026 with monthly interest payments.
Subtotal	26,796,578	36,624,907	38,948,952
Less: Current portion	(4,177,483)	(19,873,011)	(8,064,118)
Total	$22,619,095	$16,751,896	$30,884,834

	Appropriation of earnings (in thousand NT dollars)		Cash dividend per share (NT dollars)
	2021	2020	2021	2020
Legal reserve	$5,832,570	$3,197,890
Special reserve	(3,250,434)	(2,857,666)
Cash dividends	-	19,875,842	$-	$1.60

	Granted in June 2021	Granted in September 2020
Share price of measurement date (NT$/ per share)	$39.15	$39.15
Expected volatility	38.14% - 46.26%	41.09% - 45.08%
Expected life	0.94 - 2.94 years	0.17 - 2.17 years
Expected dividend yield	5.50%	5.50%
Risk-free interest rate	0.67% - 0.93%	0.54% - 0.86%

	2021	2020
Employees’ compensation – Cash	$4,770,909	$2,581,675
Directors’ compensation	25,264	32,369


	For the three-month period ended June 30, 2022
	Arising during the period	Reclassification adjustments during the period	Other comprehensive income (loss), before tax	Income tax effect	Other comprehensive income (loss), net of tax
Items that will not be reclassified subsequently to profit or loss:
Unrealized gains or losses from equity instruments investments measured at fair value through other comprehensive income	$(3,028,920)	$-	$(3,028,920)	$(106,175)	$(3,135,095)
Share of other comprehensive income (loss) of associates and joint ventures which will not be reclassified subsequently to profit or loss	(1,920,356)	-	(1,920,356)	-	(1,920,356)

Items that may be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operations	$1,359,271	$-	$1,359,271	$(26,487)	$1,332,784
Share of other comprehensive income (loss) of associates and joint ventures which may be reclassified subsequently to profit or loss	(20,376)	-	(20,376)	(6,170)	(26,546)
Total other comprehensive income (loss)	$(3,610,381)	$-	$(3,610,381)	$(138,832)	$(3,749,213)

	For the six-month period ended June 30, 2022
	Arising during the period	Reclassification adjustments during the period	Other comprehensive income (loss), before tax	Income tax effect	Other comprehensive income (loss), net of tax
Items that will not be reclassified subsequently to profit or loss:
Unrealized gains or losses from equity instruments investments measured at fair value through other comprehensive income	$(4,695,365)	$-	$(4,695,365)	$(161,295)	$(4,856,660)
Share of other comprehensive income (loss) of associates and joint ventures which will not be reclassified subsequently to profit or loss	(2,653,516)	-	(2,653,516)	-	(2,653,516)
Items that may be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operations	5,132,703	-	5,132,703	(48,715)	5,083,988
Share of other comprehensive income (loss) of associates and joint ventures which may be reclassified subsequently to profit or loss	112,691	-	112,691	(13,832)	98,859
Total other comprehensive income (loss)	$(2,103,487)	$-	$(2,103,487)	$(223,842)	$(2,327,329)

Items that may be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operations	$(3,690,738)	$2,283	$(3,688,455)	$15,282	$(3,673,173)
Share of other comprehensive income (loss) of associates and joint ventures which may be reclassified subsequently to profit or loss	(40,443)	(381)	(40,824)	4,478	(36,346)
Total other comprehensive income (loss)	$1,660,119	$1,902	$1,662,021	$(40,935)	$1,621,086


			Non-cash changes
Items	As of January 1, 2022	Cash Flows	Foreign exchange	Others (Note A)	As of June 30, 2022
Short-term loans	$1,924,124	$(1,348,841)	$48,925	$-	$624,208
Long-term loans (current portion included)	36,624,907	(10,878,633)	1,050,304	-	26,796,578
Bonds payable (current portion included)	40,536,658	(9,732,651)	-	691,709 (Note B)	31,495,716
Guarantee deposits (current portion included)	14,369,769	933,394	773,911	-	16,077,074 (Note D)
Lease liabilities	5,068,754	(359,367)	20,461	1,122,278	5,852,126
Other financial liabilities	20,966,209	-	451,548	97,809	21,515,566


			Non-cash changes
Items	As of January 1, 2021	Cash Flows	Foreign exchange	Others (Note A)	As of June 30, 2021
Short-term loans	$11,057,132	$(5,508,845)	$(161,986)	$-	$5,386,301
Long-term loans (current portion included)	33,066,106	6,492,270	(609,424)	-	38,948,952
Bonds payable (current portion included)	18,690,384	7,589,085	-	1,744	26,281,213
Guarantee deposits (current portion included)	235,992	7,586,543	(4,003)	-	7,818,532
Lease liabilities	5,576,864	(350,626)	(117,824)	215,897	5,324,311
Other financial liabilities	20,746,624	-	(330,305)	190,412	20,606,731

Name of related parties		Relationship with the Company
FARADAY TECHNOLOGY CORP. and its Subsidiaries		Associate
UNIMICRON TECHNOLOGY CORP.		Associate
SILICON INTEGRATED SYSTEMS CORP.		The Company’s director
PHOTRONICS DNP MASK CORPORATION		Other related parties

	Purchase price
	For the three-month periods ended June 30,
	2022	2021
Associates	$138,947	$108,401


	Carrying Amount
	As of
	June 30, 2022	December 31, 2021	June 30, 2021	Party to which asset(s) was pledged	Purpose of pledge
Refundable Deposits (Time deposit)	$812,248	$811,660	$811,660	Customs	Customs duty guarantee
Refundable Deposits (Time deposit)	234,304	234,304	234,286	Science Park Bureau	Collateral for land lease
Refundable Deposits (Time deposit)	20,619	20,619	20,619	Science Park Bureau	Collateral for dormitory lease
Refundable Deposits (Time deposit)	64,950	-	-	National Property Administration, Ministry of Finance	Guarantee for the application of national non-public use land for development
Refundable Deposits (Time deposit)	26,600	26,600	28,135	Liquefied Natural Gas Business Division, CPC Corporation, Taiwan	Energy resources guarantee
Refundable Deposits (Time deposit)	1,154,490	1,151,200	1,000,000	Bank of China and Agricultural Bank of China	Bank performance guarantee
Refundable Deposits (Time deposit)	444,900	-	-	CTBC Bank Singapore Branch	Collateral for letter of credit
Refundable Deposits (Bank deposit)	7,163	6,711	-	Shanghai Commercial Bank	Collateral for letter of credit
Refundable Deposits (Bank deposit)	-	-	8,428	Chang Hwa Commercial Bank	Collateral for letter of credit and short-term loans
Buildings	4,991,393	5,014,814	5,100,487	Taiwan Cooperative Bank and Secured Syndicated Loans from China Development Bank and 6 others	Collateral for long-term loans

	As of
Financial Assets	June 30, 2022	December 31, 2021	June 30, 2021
Financial assets at fair value through profit or loss	$20,414,249	$20,446,295	$18,473,446
Financial assets at fair value through other comprehensive income	15,140,300	19,835,665	14,318,527
Financial assets measured at amortized cost
Cash and cash equivalents (cash on hand excluded)	183,717,528	132,616,447	123,994,489
Receivables	44,005,005	36,047,680	31,350,774
Refundable deposits	2,739,947	2,358,549	2,265,239
Other financial assets	2,833,095	28,863,470	25,030,294
Total	$268,850,124	$240,168,106	$215,432,769

Financial Liabilities
Financial liabilities at fair value through profit or loss	$422,830	$2,380,599	$2,067
Financial liabilities measured at amortized cost
Short-term loans	624,208	1,924,124	5,386,301
Payables	87,146,197	37,657,300	54,456,613
Guarantee deposits (current portion included)	16,077,074	14,369,769	7,818,532
Bonds payable (current portion included)	31,495,716	40,536,658	26,281,213
Long-term loans (current portion included)	26,796,578	36,624,907	38,948,952
Lease liabilities	5,852,126	5,068,754	5,324,311
Other financial liabilities	21,515,566	20,966,209	20,606,731
Total	$189,930,295	$159,528,320	$158,824,720

	As of June 30, 2022
	Less than 1 year	2 to 3 years	4 to 5 years	> 5 years	Total
Non-derivative financial liabilities
Short-term loans	$630,575	$-	$-	$-	$630,575
Payables	87,035,943	-	-	-	87,035,943
Guarantee deposits	116,755	3,870,027	716,621	11,373,671	16,077,074
Bonds payable (Note)	2,302,535	8,805,956	10,625,081	4,164,568	25,898,140
Long-term loans	5,241,760	11,293,820	10,132,267	4,622,059	31,289,906
Lease liabilities	682,675	1,240,875	1,199,153	4,388,536	7,511,239
Other financial liabilities	13,012,249	8,675,141	-	-	21,687,390
Total	$109,022,492	$33,885,819	$22,673,122	$24,548,834	$190,130,267
Derivative financial liabilities
Forward exchange contracts
Gross settlement
Inflow	$356,536	$-	$-	$-	$356,536
Outflow	(356,778)	-	-	-	(356,778)
Net	$(242)	$-	$-	$-	$(242)