United Microelectronics Corp 6-K, filed Nov 15, 2022

United Microelectronics Corp (UMC)

6-K 2022-11-15 For: 2022-09-30

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Added on April 10, 2026

About this 6-K

United Microelectronics Corp filed this 6-K on November 15, 2022.

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		United Microelectronics Corporation

Date: November 15, 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
September 30, 2022, December 31, 2021 and September 30, 2021 (September 30, 2022 and 2021 are unaudited)
(Expressed in Thousands of New Taiwan Dollars)

		As of
Assets	Notes	September 30, 2022	December 31, 2021	September 30, 2021
Current assets
Cash and cash equivalents	6(1)	$180,649,140	$132,622,131	$113,104,860
Financial assets at fair value through profit or loss, current	6(2)	674,821	945,021	939,421
Financial assets at fair value through other comprehensive income, current	6(3)	2,446,101	8,482,334	6,452,239
Financial assets measured at amortized cost, current	6(4)	896,103	28,854,684	30,560,960
Contract assets, current	6(21)	384,060	319,621	249,928
Notes receivable		-	-	66
Accounts receivable, net	6(5)	43,586,419	34,624,109	32,737,635
Accounts receivable-related parties, net	7	1,255,658	566,338	247,842
Other receivables		1,615,226	857,233	1,134,969
Current tax assets		18,930	2,597	6,994
Inventories, net	6(6)	30,101,698	23,011,183	23,149,692
Prepayments		2,573,697	2,376,024	2,169,867
Other current assets	6(13), 6(21)	2,742,785	612,158	848,953
Total current assets		266,944,638	233,273,433	211,603,426

Non-current assets
Financial assets at fair value through profit or loss, noncurrent	6(2), 7	18,662,043	19,501,274	17,286,421
Financial assets at fair value through other comprehensive income, noncurrent	6(3)	10,347,617	11,353,331	7,209,128
Financial assets measured at amortized cost, noncurrent	6(4)	16,277	8,786	8,786
Investments accounted for under the equity method	6(7)	32,909,670	41,692,084	38,321,811
Property, plant and equipment	6(8), 8	149,118,651	129,941,703	125,701,909
Right-of-use assets	6(9), 8	7,902,894	7,126,845	7,238,525
Intangible assets	6(10), 7	4,200,891	3,644,933	4,191,725
Deferred tax assets		5,127,554	5,395,993	5,660,239
Prepayment for equipment		16,427,894	8,322,874	7,542,238
Refundable deposits	8	2,757,248	2,358,549	2,410,884
Other noncurrent assets-others		4,978,543	1,806,966	1,617,539
Total non-current assets		252,449,282	231,153,338	217,189,205

Total assets		$519,393,920	$464,426,771	$428,792,631

(continued)

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

		As of
Liabilities and Equity	Notes	September 30, 2022	December 31, 2021	September 30, 2021
Current liabilities
Short-term loans	6(11), 6(28)	$217,285	$1,924,124	$2,134,625
Financial liabilities at fair value through profit or loss, current	6(12)	313,377	2,380,599	1,425,772
Contract liabilities, current	6(21)	4,317,001	3,441,754	3,362,279
Notes and accounts payable		10,037,509	8,364,158	8,263,439
Other payables	6(20),7	26,755,261	21,417,215	19,129,009
Payables on equipment		19,402,535	7,875,927	6,723,647
Current tax liabilities		12,219,606	4,254,042	2,683,988
Lease liabilities, current	6(9), 6(28)	559,355	557,873	549,414
Other financial liabilities, current	6(28), 9(6)	17,458,875	12,718,616	12,546,927
Current portion of long-term liabilities	6(13), 6(14), 6(28)	11,975,162	37,331,970	22,128,096
Other current liabilities	6(16), 6(17), 6(28), 7	4,752,395	5,187,451	5,598,165
Total current liabilities		108,008,361	105,453,729	84,545,361

Non-current liabilities
Contract liabilities, noncurrent	6(21)	515,830	641,386	432,295
Bonds payable	6(13), 6(28)	23,081,626	23,077,699	20,082,851
Long-term loans	6(14), 6(28)	23,063,328	16,751,896	31,006,101
Deferred tax liabilities		2,125,378	1,763,159	1,687,372
Lease liabilities, noncurrent	6(9), 6(28)	5,283,862	4,510,881	4,621,991
Net defined benefit liabilities, noncurrent		3,182,100	3,877,321	3,698,216
Guarantee deposits	6(28)	31,755,646	14,261,029	11,486,165
Other noncurrent liabilities-others	6(16), 6(18), 6(20),6(28), 9(6)	7,188,418	12,886,787	13,628,555
Total non-current liabilities		96,196,188	77,770,158	86,643,546

Total liabilities		204,204,549	183,223,887	171,188,907

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		3,215,160	39,889,798	36,809,962
Treasury stock transactions		4,531,955	4,531,955	3,680,804
The differences between the fair value of the consideration paid or received from acquiring or disposing subsidiaries and the carrying amounts of the subsidiaries		466,457	466,457	466,457
Recognition of changes in subsidiaries’ ownership		728	-	6,839
Share of changes in net assets of associates and joint ventures accounted for using equity method		223,864	87,889	84,935
Restricted stock for employees		1,507,534	2,238,128	2,226,830
Other		722,547	683,866	16,723
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		156,870,484	91,476,725	76,351,410
Other components of equity	6(20)
Exchange differences on translation of foreign operations		(3,829,854)	(16,629,547)	(15,916,829)
Unrealized gains or losses on financial assets measured at fair value through other comprehensive income		924,538	11,715,333	8,307,797
Unearned employee compensation		(1,125,451)	(2,212,441)	(2,598,084)
Treasury stock	6(19), 6(20)	-	-	(119,801)
Total equity attributable to the parent company		314,810,397	280,979,703	257,448,802

Non-controlling interests	6(19)	378,974	223,181	154,922
Total equity		315,189,371	281,202,884	257,603,724

Total liabilities and equity		$ 519,393,920	$ 464,426,771	$ 428,792,631

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 nine-month periods ended September 30, 2022 and 2021
(Expressed in Thousands of New Taiwan Dollars, Except for Earnings per Share)

		For the three-month periods ended September 30,		For the nine-month periods ended September 30,
	Notes	2022	2021	2022	2021
Operating revenues	6(21), 7	$ 75,391,589	$ 55,906,677	$210,869,549	$153,911,430
Operating costs	6(6), 6(10), 6(15), 6(20), 6(21), 6(22), 7	(39,727,658)	(35,362,666)	(114,229,111)	(104,965,145)
Gross profit		35,663,931	20,544,011	96,640,438	48,946,285
Operating expenses	6(5), 6(10), 6(15), 6(20), 6(22), 7
Sales and marketing expenses		(1,060,571)	(1,211,861)	(3,230,229)	(3,431,977)
General and administrative expenses		(2,427,887)	(2,118,592)	(7,234,202)	(5,825,523)
Research and development expenses		(3,304,471)	(3,303,295)	(9,546,769)	(9,520,603)
Expected credit impairment gains (losses)		(650)	(2,069)	(2,388)	8,973
Subtotal		(6,793,579)	(6,635,817)	(20,013,588)	(18,769,130)
Net other operating income and expenses	6(16), 6(23)	1,286,907	1,226,942	4,028,600	3,892,826
Operating income		30,157,259	15,135,136	80,655,450	34,069,981
Non-operating income and expenses
Interest income		567,459	152,137	1,022,139	421,764
Other income		1,927,245	772,409	2,134,827	1,359,703
Other gains and losses	6(24)	(1,476,153)	442,673	(830,069)	3,056,166
Finance costs	6(24)	(450,828)	(570,159)	(1,433,798)	(1,455,397)
Share of profit or loss of associates and joint ventures	6(7)	327,916	3,355,858	(3,557,052)	6,003,910
Exchange gain, net		1,292,810	163,806	3,579,599	173,173
Subtotal		2,188,449	4,316,724	915,646	9,559,319
Income from continuing operations before income tax		32,345,708	19,451,860	81,571,096	43,629,300
Income tax expense	6(26)	(5,003,346)	(2,099,917)	(12,672,667)	(4,521,858)
Net income		27,342,362	17,351,943	68,898,429	39,107,442
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 measured at fair value through other comprehensive income		(2,346,582)	(657,159)	(7,041,947)	3,135,224
Share of other comprehensive income (loss) of associates and joint ventures which will not be reclassified subsequently to profit or loss		(905,389)	660,665	(3,558,905)	2,259,582
Income tax related to items that will not be reclassified subsequently	6(26)	(29,445)	(57,127)	(190,740)	(117,822)
Items that may be reclassified subsequently to profit or loss
Exchange differences on translation of foreign operations		7,622,357	(314,200)	12,755,060	(4,002,655)
Share of other comprehensive income (loss) of associates and joint ventures which may be reclassified subsequently to profit or loss		54,033	(3,520)	166,724	(44,344)
Income tax related to items that may be reclassified subsequently	6(26)	(59,455)	1,268	(122,002)	21,028
Total other comprehensive income (loss)		4,335,519	(370,073)	2,008,190	1,251,013
Total comprehensive income (loss)		$ 31,677,881	$ 16,981,870	$ 70,906,619	$ 40,358,455

Net income (loss) attributable to:
Shareholders of the parent		$ 26,996,184	$ 17,460,235	$ 68,130,535	$ 39,831,225
Non-controlling interests		346,178	(108,292)	767,894	(723,783)
		$ 27,342,362	$ 17,351,943	$ 68,898,429	$ 39,107,442

Comprehensive income (loss) attributable to:
Shareholders of the parent		$ 31,331,661	$ 17,090,163	$ 70,138,636	$ 41,082,256
Non-controlling interests		346,220	(108,293)	767,983	(723,801)
		$ 31,677,881	$ 16,981,870	$ 70,906,619	$ 40,358,455

Earnings per share (NTD)	6(27)
Earnings per share-basic		$ 2.19	$ 1.43	$ 5.54	$ 3.26
Earnings per share-diluted		$ 2.14	$ 1.41	$ 5.38	$ 3.21

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 nine-month periods ended September 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) for the nine-month period ended September 30, 2021	6(19)	-	-	-	-	39,831,225	-	-	-	-	39,831,225	(723,783)	39,107,442
Other comprehensive income (loss), for the nine-month period ended September 30, 2021	6(19), 6(25)	-	-	-	-	2,101	(4,025,953)	5,274,883	-	-	1,251,031	(18)	1,251,013
Total comprehensive income (loss)		-	-	-	-	39,833,326	(4,025,953)	5,274,883	-	-	41,082,256	(723,801)	40,358,455
Share-based payment transaction	6(20)	8,680	282,076	-	-	-	-	-	1,069,311	-	1,360,067	-	1,360,067
Share of changes in net assets of associates and joint ventures accounted for using equity method		-	(8,945)	-	-	693,315	-	(693,315)	-	-	(8,945)	-	(8,945)
Changes in subsidiaries’ ownership	6(19)	-	6,839	-	-	-	-	-	-	-	6,839	(6,835)	4
Adjustments for dividends subsidiaries received from parent company		-	25,724	-	-	-	-	-	-	-	25,724	-	25,724
Non-Controlling Interests	6(19)	-	-	-	-	-	-	-	-	-	-	11,928	11,928
Others	6(19)	-	(224,358)	-	-	(576,685)	-	-	-	-	(801,043)	760,274	(40,769)
Balance as of September 30, 2021	6(19)	$124,232,695	$ 43,292,550	$ 15,734,416	$ 8,164,648	$ 76,351,410	$(15,916,829)	$ 8,307,797	$ (2,598,084)	$ (119,801)	$257,448,802	$ 154,922	$257,603,724

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 distributed from additional paid-in capital		-	(37,446,370)	-	-	-	-	-	-	-	(37,446,370)	-	(37,446,370)
Net income for the nine-month period ended September 30, 2022	6(19)	-	-	-	-	68,130,535	-	-	-	-	68,130,535	767,894	68,898,429
Other comprehensive income (loss), for the nine-month period ended September 30, 2022	6(19), 6(25)	-	-	-	-	-	12,799,693	(10,791,592)	-	-	2,008,101	89	2,008,190
Total comprehensive income (loss)		-	-	-	-	68,130,535	12,799,693	(10,791,592)	-	-	70,138,636	767,983	70,906,619
Share-based payment transaction	6(20)	(11,241)	40,500	-	-	-	-	-	1,086,990	-	1,116,249	-	1,116,249
Share of changes in net assets of associates and joint ventures accounted for using equity method		-	135,975	-	-	(797)	-	797	-	-	135,975	-	135,975
Changes in subsidiaries’ ownership	6(19)	-	1,366	-	-	-	-	-	-	-	1,366	(728)	638
Non-Controlling Interests	6(19)	-	-	-	-	-	-	-	-	-	-	5,356	5,356
Others	6(19)	-	38,681	-	-	-	-	-	-	-	38,681	(550,729)	(512,048)
Balance as of September 30, 2022	6(19)	$124,821,235	$ 10,668,245	$ 21,566,986	$ 4,914,214	$156,870,484	$ (3,829,854)	$ 924,538	$ (1,125,451)	$-	$314,810,397	$ 378,974	$315,189,371

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 nine-month periods ended September 30, 2022 and 2021
(Expressed in Thousands of New Taiwan Dollars)

	For the nine-month periods ended September 30,
	2022	2021
Cash flows from operating activities:
Net income before tax	$81,571,096	$43,629,300
Adjustments to reconcile net income before tax to net cash provided by operating activities:
Depreciation	31,536,365	33,109,026
Amortization	2,155,939	2,148,681
Expected credit impairment losses (gains)	2,388	(8,973)
Net loss (gain) of financial assets and liabilities at fair value through profit or loss	896,807	(2,987,600)
Interest expense	1,368,930	1,371,064
Interest income	(1,022,139)	(421,764)
Dividend income	(2,134,827)	(1,359,703)
Share-based payment	1,116,887	1,360,102
Share of loss (profit) of associates and joint ventures	3,557,052	(6,003,910)
Gain on disposal of property, plant and equipment	(441,140)	(71,404)
Loss on disposal of investments	-	10,977
Loss on repurchases of bonds	182,915	-
Exchange loss (gain) on financial assets and liabilities	3,034,111	(140,392)
Gain on lease modification	(1,366)	-
Amortization of deferred government grants	(3,183,725)	(3,027,832)
Income and expense adjustments	37,068,197	23,978,272
Changes in operating assets and liabilities:
Financial assets and liabilities at fair value through profit or loss	(310,252)	353,209
Contract assets	(64,648)	(7,269)
Notes receivable and accounts receivable	(9,001,918)	(6,259,001)
Other receivables	(602,475)	(92,475)
Inventories	(6,576,121)	(951,081)
Prepayments	(3,048,362)	103,602
Other current assets	(57,220)	1,600
Contract fulfillment costs	(56,070)	(239,138)
Contract liabilities	526,918	1,352,232
Notes and accounts payable	1,559,946	549,512
Other payables	4,641,822	1,487,032
Other current liabilities	77,522	(100,592)
Net defined benefit liabilities	(695,221)	(464,438)
Other noncurrent liabilities-others	(12,213)	46,973
Cash generated from operations	105,021,001	63,387,738
Interest received	916,082	367,907
Dividend received	4,119,483	2,368,857
Interest paid	(818,724)	(879,686)
Income tax paid	(4,333,087)	(1,715,121)
Net cash provided by operating activities	104,904,755	63,529,695

(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
Amendments to IFRS 16 “Leases” - Lease Liability in a Sale and Leaseback		January 1, 2024


			Percentage of ownership (%) As of
Investor	Subsidiary	Business nature	September 30, 2022	December 31, 2021	September 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	80.88
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

	For the three-month periods ended September 30,
	2022	2021
Held at end of period	$1,431,931	$465,679
Derecognized during the period	-	-
Total	$1,431,931	$465,679

	For the nine-month periods ended September 30,
	2022	2021
Held at end of period	$1,431,931	$465,679
Derecognized during the period	-	-
Total	$1,431,931	$465,679

	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	-	288,509	-	-	-	-	44,821,027	45,109,536
Disposals	-	(69,360)	(4,645,760)	-	(17,119)	(2,433)	(69,712)	(4,804,384)
Transfers and reclassifications	-	210,196	36,584,620	91	407,648	-	(33,879,726)	3,322,829
Exchange effect	(53,610)	376,248	21,905,883	1,018	77,236	4,830	186,666	22,498,271
As of September 30, 2022	$1,437,733	$37,633,073	$951,651,442	$57,068	$7,772,939	$63,679	$33,914,288	$1,032,530,222

	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	-	2,112,847	-	346,299	2,459,146
Write-off	-	(1,440,796)	(1,344,682)	(628,496)	(3,413,974)
Reclassifications	-	(12,579)	-	-	(12,579)
Exchange effect	-	(102,637)	451,392	(13,154)	335,601
As of September 30, 2022	$15,012	$5,401,872	$3,597,874	$3,052,720	$12,067,478


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. (Note)
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	September 30, 2022	December 31, 2021	September 30, 2021	Redemption
Secured Long-Term Loan from Mega International Commercial Bank (1)	$10,948	$14,598	$15,814	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 (2)	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)	38,649	47,568	50,541	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)	6,563	13,125	15,312	Repayable monthly from May 31, 2019 to May 31, 2023 with monthly interest payments.
Secured Long-Term Loan from Taiwan Cooperative Bank (3)	35,000	44,000	47,000	Repayable monthly from August 13, 2020 to August 13, 2025 with monthly interest payments.
Secured Long-Term Loan from Taiwan Cooperative Bank (4)	18,103	22,759	24,310	Repayable monthly from October 29, 2020 to August 29, 2025 with monthly interest payments.
Secured Long-Term Loan from Taiwan Cooperative Bank (5)	90,479	101,000	101,000	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)	10,504,114	18,158,940	20,000,506	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)	$12,597,200	$12,236,000	$12,126,800	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 Xiamen Bank	-	436,126	432,667	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	1,856,932	982,791	440,587	Repayable semi-annually from June 24, 2023 to June 24, 2026 with quarterly interest payments.
Unsecured Long-Term Loan from Bank of Taiwan (1)	375,000	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	300,000	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	$400,000	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	700,000	Repayable quarterly from January 27, 2021 to October 27, 2022 with monthly interest payments.
Unsecured Revolving Loan from KGI Bank (1) (Note E)	-	-	500,000	Repayable annually from December 11, 2021 to December 11, 2023 with monthly interest payments.
Unsecured Revolving Loan from KGI Bank (2) (Note F)	-	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 G and H)	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 G and H)	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 G and H)	200,000	200,000	200,000	Settlement due on June 15, 2026 with monthly interest payments.
Unsecured Revolving Loan from Yuanta Commercial Bank (Note I)	600,000	1,000,000	800,000	Repayable annually from March 2, 2023 to March 2, 2026 with monthly interest payments.
Subtotal	27,491,188	36,624,907	37,754,537
Less: Current portion	(4,427,860)	(19,873,011)	(6,748,436)
Total	$23,063,328	$16,751,896	$31,006,101

	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)	$35.75	$35.75
Expected volatility	39.78% - 43.15%	36.65% - 43.49%
Expected life	0.69 - 2.69 years	0.92 - 1.92 years
Expected dividend yield	5.50%	5.50%
Risk-free interest rate	1.22% - 1.36%	1.24% - 1.29%

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


	For the three-month period ended September 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	$(2,346,582)	$-	$(2,346,582)	$(29,445)	$(2,376,027)
Share of other comprehensive income (loss) of associates and joint ventures which will not be reclassified subsequently to profit or loss	(905,389)	-	(905,389)	-	(905,389)
Items that may be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operations	7,622,357	-	7,622,357	(51,028)	7,571,329
Share of other comprehensive income (loss) of associates and joint ventures which may be reclassified subsequently to profit or loss	54,033	-	54,033	(8,427)	45,606
Total other comprehensive income (loss)	$4,424,419	$-	$4,424,419	$(88,900)	$4,335,519

	For the nine-month period ended September 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	$(7,041,947)	$-	$(7,041,947)	$(190,740)	$(7,232,687)
Share of other comprehensive income (loss) of associates and joint ventures which will not be reclassified subsequently to profit or loss	(3,558,905)	-	(3,558,905)	-	(3,558,905)
Items that may be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operations	12,755,060	-	12,755,060	(99,743)	12,655,317
Share of other comprehensive income (loss) of associates and joint ventures which may be reclassified subsequently to profit or loss	166,724	-	166,724	(22,259)	144,465
Total other comprehensive income (loss)	$2,320,932	$-	$2,320,932	$(312,742)	$2,008,190


			Non-cash changes
Items	As of January 1, 2022	Cash Flows	Foreign exchange	Others (Note A)	As of September 30, 2022
Short-term loans	$1,924,124	$(1,759,376)	$52,537	$-	$217,285
Long-term loans (current portion included)	36,624,907	(10,940,671)	1,806,952	-	27,491,188
Bonds payable (current portion included)	40,536,658	(10,763,239)	-	855,509 (Note B)	30,628,928
Guarantee deposits (current portion included)	14,369,769	15,374,267	2,202,442	-	31,946,478 (Note D)
Lease liabilities	5,068,754	(538,134)	98,151	1,214,446	5,843,217
Other financial liabilities (Note C)	20,966,209	-	620,509	137,282	21,724,000


			Non-cash changes
Items	As of January 1, 2021	Cash Flows	Foreign exchange	Others (Note A)	As of September 30, 2021
Short-term loans	$11,057,132	$(8,750,043)	$(172,464)	$-	$2,134,625
Long-term loans (current portion included)	33,066,106	5,223,307	(534,876)	-	37,754,537
Bonds payable (current portion included)	18,690,384	18,710,042	-	(1,937,915) (Note B)	35,462,511
Guarantee deposits (current portion included)	235,992	11,324,092	(3,524)	-	11,556,560 (Note D)
Lease liabilities	5,576,864	(525,296)	(134,699)	254,536	5,171,405
Other financial liabilities (Note C)	20,746,624	-	(349,444)	286,005	20,683,185

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
	Trading Volume (In thousands of shares)	Transaction underlying	For the nine-month period ended September 30, 2021
Associates	82	Stock of ARTERY TECHNOLOGY CORPORATION	$13,929


	Carrying Amount
	As of
	September 30, 2022	December 31, 2021	September 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)	236,587	234,304	232,895	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)	8,118	-	-	Bureau of Land Administration, Tainan City Government	Guarantee for the application of national non-public use land for development

Refundable Deposits (Time deposit)	$34,100	$26,600	$31,354	Liquefied Natural Gas Business Division, CPC Corporation, Taiwan	Energy resources guarantee
Refundable Deposits (Time deposit)	1,044,490	1,151,200	1,149,835	Bank of China and Agricultural Bank of China	Bank performance guarantee
Refundable Deposits (Time deposit)	475,350	-	-	CTBC Bank Singapore Branch	Collateral for letter of credit
Refundable Deposits (Bank deposit)	7,653	6,711	7,544	Shanghai Commercial Bank and Chang Hwa Commercial Bank	Collateral for letter of credit
Buildings	4,964,508	5,014,814	5,032,554	Taiwan Cooperative Bank and Secured Syndicated Loans from China Development Bank and 6 others	Collateral for long-term loans
Machinery and equipment	16,803,294	25,189,533	27,900,685	Taiwan Cooperative Bank, Mega International Commercial Bank, KGI bank, First Commercial Bank, Shanghai Commercial Bank and Secured Syndicated Loans from China Development Bank and 6 others	Collateral for long-term loans
Transportation equipment	815	1,802	2,119	Secured Syndicated Loans from China Development Bank and 6 others	Collateral for long-term loans
Furniture and fixtures	75,458	161,604	189,324	Secured Syndicated Loans from China Development Bank and 6 others	Collateral for long-term loans
Right-of-use assets	284,037	280,697	280,319	Secured Syndicated Loans from China Development Bank and 6 others	Collateral for long-term loans
Total	$24,832,227	$32,899,544	$35,658,908

	As of
Financial Assets	September 30, 2022	December 31, 2021	September 30, 2021
Financial assets at fair value through profit or loss	$19,336,864	$20,446,295	$18,225,842
Financial assets at fair value through other comprehensive income	12,793,718	19,835,665	13,661,367
Financial assets measured at amortized cost
Cash and cash equivalents (cash on hand excluded)	180,643,356	132,616,447	113,098,884
Receivables	46,457,303	36,047,680	34,120,512
Refundable deposits	2,757,248	2,358,549	2,410,884
Other financial assets	2,969,600	28,863,470	30,639,713
Total	$264,958,089	$240,168,106	$212,157,202

Financial Liabilities
Financial liabilities at fair value through profit or loss	$313,377	$2,380,599	$1,425,772
Financial liabilities measured at amortized cost
Short-term loans	217,285	1,924,124	2,134,625
Payables	56,195,305	37,657,300	34,116,095
Guarantee deposits (current portion included)	31,946,478	14,369,769	11,556,560
Bonds payable (current portion included)	30,628,928	40,536,658	35,462,511
Long-term loans (current portion included)	27,491,188	36,624,907	37,754,537
Lease liabilities	5,843,217	5,068,754	5,171,405
Other financial liabilities	21,724,000	20,966,209	20,683,185
Total	$174,359,778	$159,528,320	$148,304,690

	As of September 30, 2022
	Less than 1 year	2 to 3 years	4 to 5 years	> 5 years	Total
Non-derivative financial liabilities
Short-term loans	$217,752	$-	$-	$-	$217,752
Payables	55,779,792	-	-	-	55,779,792
Guarantee deposits	190,832	3,717,837	937,407	27,100,402	31,946,478
Bonds payable (Note)	2,356,705	8,774,218	10,609,369	4,157,848	25,898,140
Long-term loans	5,545,796	12,064,192	9,803,576	4,613,621	32,027,185
Lease liabilities	686,025	1,256,632	1,209,483	4,356,586	7,508,726
Other financial liabilities	17,485,758	4,371,673	-	-	21,857,431
Total	$82,262,660	$30,184,552	$22,559,835	$40,228,457	$175,235,504

	As of December 31, 2021
	Less than 1 year	2 to 3 years	4 to 5 years	> 5 years	Total
Non-derivative financial liabilities
Short-term loans	$1,939,109	$-	$-	$-	$1,939,109
Payables	37,455,640	-	-	-	37,455,640
Guarantee deposits	108,740	3,432,749	-	10,828,280	14,369,769
Bonds payable (Note)	8,612,255	8,869,431	10,656,506	4,178,008	32,316,200
Long-term loans	21,084,795	2,543,611	11,021,076	5,976,645	40,626,127
Lease liabilities	688,613	1,198,528	1,050,786	2,841,010	5,778,937
Other financial liabilities	12,738,246	8,492,466	-	-	21,230,712
Total	$82,627,398	$24,536,785	$22,728,368	$23,823,943	$153,716,494