(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD) (1)
Except for Per Share Amounts and Shares Outstanding)
For the Nine Months Ended September 30
2009 2008
USD NTD % NTD %
Net Sales $6,148 $203,648 100.0 $268,595 100.0
Cost of Sales (3,593) (119,014) (58.4) (147,041) (54.7)
Gross Profit 2,555 84,634 41.6 121,554 45.3
Operating Expenses
Research and Development
Expenses (454) (15,026) (7.4) (16,655) (6.2)
General and Administrative
Expenses (242) (8,017) (4.0) (8,811) (3.3)
Sales and Marketing Expenses (98) (3,271) (1.6) (3,674) (1.4)
Total Operating Expenses (794) (26,314) (13.0) (29,140) (10.9)
Income from Operations 1,761 58,320 28.6 92,414 34.4
Non-Operating Income, Net 61 2,028 1.0 4,923 1.8
Investment Gains (Losses) (8) (253) (0.1) 1,042 0.4
Income before Income Tax 1,814 60,095 29.5 98,379 36.6
Income Tax Expenses (105) (3,489) (1.7) (10,497) (3.9)
Net Income 1,709 56,606 27.8 87,882 32.7
Minority Interests (2) (54) -- (395) (0.1)
Net Income Attributable to
Shareholders of the Parent 1,707 56,552 27.8 87,487 32.6
Earnings per Share - Diluted $0.07 $2.18 -- $3.33 --
Earnings per ADR - Diluted (2) $0.33 $10.88 -- $16.64 --
Weighted Average Outstanding
Shares - Diluted ('M) (3) -- 25,981 -- 26,290 --
Note:
(1) Amounts in New Taiwan dollars have been translated into U.S. dollars
at the weighted average rate of NTD 33.122 for the nine months ended
September 30, 2009.
(2) 1 ADR equals 5 ordinary shares.
(3) Total diluted weighted average outstanding shares were 26,290M
shares for the nine months ended September 30, 2008 after the
retroactive adjustment for stock dividends.
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES
Audited Consolidated Condensed Income Statements
For the Nine Months Ended September 30, 2009 and 2008
(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD) (1)
Except for Per Share Amounts and Shares Outstanding) (Continued)
For the Nine Months Ended September 30
YoY
Amount %
Net Sales ($64,947) (24.2)
Cost of Sales 28,027 (19.1)
Gross Profit (36,920) (30.4)
Operating Expenses
Research and Development Expenses 1,629 (9.8)
General and Administrative Expenses 794 (9.0)
Sales and Marketing Expenses 403 (11.0)
Total Operating Expenses 2,826 (9.7)
Income from Operations (34,094) (36.9)
Non-Operating Income, Net (2,895) (58.8)
Investment Gains (Losses) (1,295) (124.3)
Income before Income Tax (38,284) (38.9)
Income Tax Expenses 7,008 (66.8)
Net Income (31,276) (35.6)
Minority Interests 341 (86.3)
Net Income Attributable to
Shareholders of the Parent (30,935) (35.4)
Earnings per Share - Diluted ($1.15) (34.6)
Earnings per ADR - Diluted (2) ($5.76) (34.6)
Weighted Average Outstanding Shares -
Diluted ('M) (3) -- --
Note:
(1) Amounts in New Taiwan dollars have been translated into U.S. dollars
at the weighted average rate of NTD 33.122 for the nine months ended
September 30, 2009.
(2) 1 ADR equals 5 ordinary shares.
(3) Total diluted weighted average outstanding shares were 26,290M
shares for the nine months ended September 30, 2008 after the
retroactive adjustment for stock dividends.
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED AND SUBSIDIARIES
Consolidated Condensed Statements of Cash Flows
For the Six Months Ended September 30, 2009 and for the Three Months 
