(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD)) (1)
Six Months 2Q 1Q 2Q
2008 2008 2008 2007
(Audited) (Unaudited)(Unaudited)(Unaudited)
USD NTD NTD NTD NTD
Cash Flows from
Operating Activities:
Net Income $1,835 $56,914 $28,771 $28,143 $25,484
Net Income
Attributable to
Minority Interest 6 196 103 93 146
Depreciation &
Amortization 1,285 39,865 20,034 19,831 19,616
Deferred Income Tax 55 1,715 1,280 435 371
Equity in Earnings of
Equity Method
Investees, Net (28) (857) (280) (577) (488)
Changes in Working
Capital & Others (2) 147 4,513 (4,857) 9,370 (10,478)
Net Cash Provided by
Operating Activities 3,300 102,346 45,051 57,295 34,651
Cash Flows from
Investing Activities:
Acquisitions of:
Marketable
Financial
Instruments (920) (28,537) (14,635) (13,902) (14,234)
Investments
Accounted for
Using Equity
Method -- -- -- -- --
Property, Plant
and Equipment (1,212) (37,587) (22,274) (15,313) (25,345)
Financial Assets
Carried at Cost (10) (303) (90) (213) (218)
Proceeds from
Disposal or maturity of:
Marketable
Financial
Instruments 2,214 68,656 41,840 26,816 30,013
Investments
Accounted for
Using Equity
Method -- -- -- -- --
Property, Plant
and Equipment 1 31 30 1 10
Financial Assets
Carried at Cost 4 128 35 93 --
Others (62) (1,917) (1,310) (607) (383)
Net Cash Provided by
(Used In) Investing
Activities 15 471 3,596 (3,125) (10,157)
Cash Flows from Financing
Activities:
Decrease in Guarantee
Deposits (17) (535) (164) (371) (418)
Proceeds from Exercise
of Stock Options 6 172 91 81 175
Bonus Paid to
Directors and
Supervisors -- -- -- -- (286)
Repayment of Long-Term
Bonds Payable -- -- -- -- --
Cash Dividends Paid
for Common Stock -- -- -- -- --
Repurchase of
Treasury Stock (312) (9,669) (6,615) (3,054) --
Cash Bonus Paid to
Employees -- -- -- -- --
Others (3) (101) (159) 58 2
Net Cash Used in
Financing Activities (326) (10,133) (6,847) (3,286) (527)
Net Increase in Cash and
Cash Equivalents 2,989 92,684 41,800 50,884 23,967
Effect of Exchange Rate
Changes and Others (2) (75) (2,324) (731) (1,593) (850)
Cash and Cash Equivalents
at Beginning of Period 3,063 94,986 144,277 94,986 140,274
Cash and Cash Equivalents
at End of Period $5,977 $185,346 $185,346 $144,277 $163,391
Note: (1) Amounts in New Taiwan dollars have been translated into U.S.
dollars at the weighted average rate of NTD 31.012 for the
six months ended June 30, 2008.
(2) Certain prior period balances have been reclassified to
conform to the current period presentation.
