ASML Holding N.V. — Interim / Quarterly Report 2013

Jul 17, 2013

13 StatutoryInterim Report forthe six-monthperiod ended June30,2013

ASML Holding N.V. Statutory Interim Report for the six-month period ended June 30, 2013

Contents

• $6\phantom{a}$ Introduction
• $\overline{7}$ Interim Management Board Report
• Managing Directors' Statement $12$
• $13$ Consolidated Condensed Interim Financial Statements
• 30 Other Information
• Definitions 33

This report comprises regulated information within the meaning of articles 1:1 and 5:25d of the Dutch Financial Markets Supervision Act (Wet op het Financieel Toezicht).

In this report the name "ASML" is sometimes used for convenience in contexts where reference is made to ASML Holding N.V. and/or any of its subsidiaries in general. The name is also used where no useful purpose is served by identifying the particular company or companies.

© 2013, ASML Holding N.V. All Rights Reserved

Introduction

DearStakeholder,

TodaywepublishedourStatutoryInterimReportforthesix-monthperiodendedJune30,2013.Thisreportincludesan InterimManagementBoardReport,aManagingDirectors'StatementandConsolidatedCondensedInterimFinancial StatementspreparedinaccordancewithIAS34.

Today,wealsopublishedour2013second-quarterresultsinaccordancewithUSGAAPandIFRSasadoptedbytheEU.

Veldhoven,July17,2013

Interim Management Board Report

About ASML

ASMLmakespossibleaffordablemicroelectronicsthatimprovethequalityoflife.ASMLinventsanddevelopscomplex technologyforhigh-techlithographymachinesforthesemiconductorindustry.ASML'sguidingprincipleiscontinuing Moore'sLawtowardseversmaller,cheaper,morepowerfulandenergy-efficientsemiconductors.Oursuccessisbased onthreepillars:technologyleadershipcombinedwithcustomerandsupplierintimacy,highlyefficientprocesses andentrepreneurialpeople.Weareamultinationalcompanywithover70locationsin16countries,headquartered inVeldhoven,theNetherlands.AsofJune30,2013,weemployed10,001payrollemployeesand2,482temporary employees(measuredinFTEs).Ourcompanyisaninspiringplacewhereemployeeswork,meet,shareandlearn.ASML istradedonEuronextAmsterdamandNASDAQunderthesymbolASML.

Inthefirsthalfyearof2013,wegeneratednetsalesofEUR2,078.8millionandanoperatingincomeofEUR463.3 millionor22.3percentofnetsales.Netincomeforthefirsthalfyearof2013amountedtoEUR414.7millionor19.9 percentofnetsales,representingbasicnetincomeperordinaryshareofEUR1.00.

Belowweprovideanupdateoftherisksanduncertaintieswefaceinthesecondhalfyearof2013,followedbythe ASMLOperationsUpdate,Auditor'sInvolvementand2013SecondHalfYearPerspectives.

Risk Factors

Inconductingourbusiness,wefacemanyrisksthatmayinterferewithourbusinessobjectives.Someoftheserisks relatetoouroperationalprocesses,whileothersrelatetoourbusinessenvironment.Itisimportanttounderstandthe natureoftheserisksandtheimpacttheymayhaveonourbusiness,financialconditionandresultsofoperations.Some ofthemorerelevantrisksaredescribedbelow.Theserisksarenottheonlyonesthatweface.Somerisksmaynotyet beknowntousandcertainrisksthatwedonotcurrentlybelievetobematerialcouldbecomematerialinthefuture.

OnMay30,2013weacquired100%oftheissuedsharecapitalofCymer.Wehaveassessedtherisks,takenthe acquisitionofCymerintoconsideration,andstillbelievethattherisksidentified,areinlinewiththosepresentedinour StatutoryAnnualReport2012.Foradetaileddescriptionoftherisksdefinedbelow,werefertoourStatutoryAnnual Report2012.

Strategic risk

• Wederivemostofourrevenuesfromthesaleofarelativelysmallnumberofsystems.

Risks related to the semiconductor industry

• Thesemiconductorindustryishighlycyclicalandwemaybeadverselyaffectedbyanydownturn;
• Ourbusinesswillsufferifwedonotrespondrapidlytocommercialandtechnologicalchangesinthe semiconductorindustry;and
• Wefaceintensecompetition.

Governmental, legal and compliance risks

• Failuretoadequatelyprotecttheintellectualpropertyrightsuponwhichwedependcouldharmourbusiness;
• Defendingagainstintellectualpropertyclaimsbroughtbyotherscouldharmourbusiness;
• Wearesubjecttorisksinourinternationaloperations;and
• Becauseoflaborlawsandpractices,anyworkforcereductionsthatwemayseektoimplementinorderto reducecostscompany-widemaybedelayedorsuspended.

Operational risks

• Thenumberofsystemswecanproduceislimitedbyourdependenceonalimitednumberofsuppliersofkey components;
• Thepaceofintroductionofournewproductsisacceleratingandisaccompaniedbypotentialdesignand productiondelaysandbysignificantcosts;
• Wearedependentonthecontinuedoperationofalimitednumberofmanufacturingfacilities;
• Wemaybeunabletomakedesirableacquisitionsortointegratesuccessfullyanybusinessesweacquire;and
• Ourbusinessandfuturesuccessdependonourabilitytoattractandretainasufficientnumberofadequately educatedandskilledemployees.

Financial risks

• Ahighpercentageofnetsalesisderivedfromafewcustomers;and
• Fluctuationsinforeignexchangeratescouldharmourresultsofoperations.

Risks related to our ordinary shares

• Wemaynotdeclarecashdividendsatallorinanyparticularamountsinanygivenyear;
• Thepriceofourordinarysharesisvolatile;
• Restrictionsonshareholderrightsmaydilutevotingpower;and
• ParticipatingcustomersinourCustomerCo-InvestmentProgramtogetherownasignificantamountofour ordinaryshares.

ASML Operations Update

TheConsolidatedCondensedInterimFinancialStatementsforthesix-monthperiodendedJune30,2013includedin thisStatutoryInterimReportforthesix-monthperiodendedJune30,2013havebeenpreparedinaccordancewith IAS34.Forinternalandexternalreportingpurposes,weapplyUSGAAP,whichisourprimaryaccountingstandardfor settingfinancialandoperationalperformancetargets.

OnMay30,2013,weacquired100%oftheissuedsharecapitalofCymerInc.,seeNote4totheConsolidated CondensedInterimFinancialStatements.Thecomparativeinformationfor2012presentedbelow,isnotadjustedasa resultofthisacquisition.

BasedonUSGAAP,netincome,asexplainedinthetablebelow,ismeasureddifferentlyfromnetincomebasedonIFRS asadoptedbytheEU.

Unaudited	Unaudited
2012	2013	For the six-month period ended June 30, 2013 and July 1, 2012
EUR	EUR	(inmillions)
573.9	317.0	Net income based on US GAAP
74.7	109.9	Capitalizationofdevelopmentexpenditures
0.2	0.7	Share-basedpayments
7.2	-	Reversalofwritedowns
2.9	(12.9)	Incometaxes
658.9	414.7	Net income based on IFRS as adopted by the EU

SetforthbelowarecertainextractsofourConsolidatedCondensedStatementofProfitorLossdataonasemi-annual basis(basedonIFRSasadoptedbytheEU):

Unaudited 2012 EUR	Unaudited 2013 EUR	For the six-month period ended June 30, 2013 and July 1, 2012 (inmillions)
2,479.6	2,078.8	Totalnetsales
(1,469.0)	(1,295.7)	Costofsales
1,010.6	783.1	Grossprofitonsales
-	30.5	Otherincome
(150.2)	(218.4)	Researchanddevelopmentcosts
(107.2)	(131.9)	Selling,generalandadministrativecosts
753.2	463.3	Operatingincome
(1.1)	(6.9)	Interestincome(expense),net
752.1	456.4	Incomebeforeincometaxes
(93.2)	(41.7)	Provisionforincometaxes
658.9	414.7	Netincome

Thefollowingtableshowsasummaryofkeyfinancialfiguresonasemi-annualbasis:

Unaudited	Unaudited	For the six-month period ended June 30, 2013 and July 1, 2012
2012	2013	(inmillionsEUR,unlessotherwiseindicated)
2,479.6	2,078.8	Netsales
2,034.8	1,592.4	Netsystemsales
444.8	486.4	Netserviceandfieldoptionsales
96	67	Salesofsystems(inunits)
89	59	Salesofnewsystems(inunits)
7	8	Salesofusedsystems(inunits)
40.8	37.7	Grossprofitonsalesasapercentageofnetsales
21.2	23.8	ASPoftotalsystemsales
22.7	26.2	ASPofnewsystemsales
2.4	6.1	ASPofusedsystemsales
1,503.4	1,395.2	ValueofsystemsbacklogexcludingEUV
55	42	SystemsbacklogexcludingEUV(inunits)
27.3	33.2	ASPofsystemsbacklogexcludingEUV

Consolidated Sales and Gross Profit

NetsalesdecreasedbyEUR400.8milliontoEUR2,078.8millionforthefirsthalfyearof2013fromEUR2,479.6million forthefirsthalfyearof2012whichisprimarycausedbythedecreaseinthenumberofsystemsrecognizedfrom96 systemsinthefirsthalfyearof2012to67systemsinthefirsthalfyearof2013mainlyasresultoflowerdemandfor systemsinthelogicsegment,partlyoffsetbyarelativelyhighernumberofsystemssoldwithahigherASP.

GrossprofitonsalesdecreasedbyEUR227.5toEUR783.1millionforthefirsthalfyearof2013fromEUR1,010.6 millionforthefirsthalfyearof2012.Lowergrossprofitwasmainlydrivenbythedecreasednumberofsystemssold. Thedecreaseofgrossprofitasapercentageofsalesto37.7percentforthefirsthalfyearof2013from40.8percentof netsalesforthefirsthalfyearof2012ismainlycausedbyincreasedserviceandfieldoptionssaleswithlowermargins comparedtothefirsthalfof2012andinclusionoftheCymerresultsincludingrelatedpurchasepriceallocationeffects asofMay30,2013,negativelyimpactinggrossmarginwith1.2percent.

Westarted2013withabacklogof46systems.Duringthefirsthalfyearof2013,webookedordersfor63systemsand recognizedsalesfor67systems.Thisresultedinabacklogof42systemsasofJune30,2013.

Thetotalvalueofoursystemsbacklog(excludingEUV)asofJune30,2013amountedtoEUR1,395.2millionwithan ASPofEUR33.2million,reflectingdemandforimmersionsystems.ThesystemsbacklogasofDecember31,2012 amountedtoEUR1,214.1millionwithanASPofEUR26.4million.

Other income

OtherincomeconsistsofcontributionsfromparticipatingcustomersoftheCustomerCo-InvestmentProgramand amountedtoEUR30.5millionforthefirsthalfyearof2013(firsthalfyearof2012:nil).

Research and Development

R&Dinvestments(whichincludeR&Dcosts,netofcreditsandadditionstootherintangibleassetsinrelationto developmentexpendituresexcludingcapitalizedborrowingcosts)increasedbyEUR91.5milliontoEUR384.8million (EUR218.4millionR&DcostsandEUR166.4millionadditiontootherintangibleassetsregardingdevelopment expendituresexcludingcapitalizedborrowingcosts)forthefirsthalfyearof2013fromEUR293.3millionforthefirst halfyearof2012(EUR150.2millionR&DcostsandEUR143.1millionadditiontootherintangibleassetsregarding developmentexpendituresexcludingcapitalizedborrowingcosts).ThetotalR&Dinvestmentsincreasedfollowingthe accelerationofcertainR&Dprograms,mainlyEUVand450mm,asresultoftheCustomerCo-InvestmentProgramand inclusionofCymerR&DinvestmentsofEUR12.6millionasofMay30,2013.Theincreaseintheadditionstoother intangibleassetsregardingcapitalizeddevelopmentexpendituresmainlyrelatestoEUVandanenhancedversionofthe NXT.

Selling, General and Administrative costs

SG&Acostsincreasedby24.7milliontoEUR131.9millionforthefirsthalfyearof2013fromEUR107.2millionfor thefirsthalfyearof2012mainlyasaresultofcostsincurredinrelationtotheacquisitionandtheintegrationactivities ofCymer,togetheramountingtoEUR10.6million.FurthermoreSG&AcostsincreasedEUR5.3millionasaresultof inclusionofCymerresultsasofMay30,2013.

Cash Flows from Operating Activities

WegeneratednetcashfromoperatingactivitiesofEUR596.2millioninthefirsthalfyearof2013comparedtoEUR 609.6millioninthefirsthalfyearof2012.

Cash Flows from Investing Activities

WeusedEUR485.0millionofnetcashforinvestingactivitiesinthefirsthalfyearof2013andEUR1,079.1millioninthe firsthalfyearof2012.Investingactivitiesinthefirsthalfyearof2013includeanamountofEUR443.7millionofcash paymentsinrelationtotheacquisitionofCymer.

Cash Flows from Financing Activities

NetcashusedinfinancingactivitieswasEUR284.9millioninthefirsthalfyearof2013comparedtoEUR414.3million inthefirsthalfyearof2012.Netcashusedinfinancingactivitiesinthefirsthalfyearof2013mainlyincludedEUR216.1 millionofdividendpaymentandEUR84.7millionofsharebuybacks.

Related Party Transactions

FordisclosureregardingrelatedpartytransactionsseeNote14totheConsolidatedCondensedInterimFinancial Statements.

Auditor's Involvement

ThisStatutoryInterimReportforthesix-monthperiodendedJune30,2013andtheConsolidatedCondensedInterim FinancialStatementsincludedhereinhavenotbeenauditedorreviewedbyanexternalauditor.

2013 Second Half Year Perspectives

Operational outlook

Ourfoundryandlogiccustomerscontinuetoprepareforthelithography-intensive20-14nanometer(nm)technology nodes,tobeusedfornext-generationmobileelectronicdevices.Duringthesecondquarterwestartedtoseeadditional demandfromDRAMcustomers,drivenbyahealthymobileDRAMmemorymarket,whichcouldpotentiallydrive2013 full-yearsalestoalevelofuptoEUR5billion,excludingCymersales.WithregardstothedevelopmentoftheEUV platform,scannerimagingandoverlayperformanceimprovedtolevelswherewearenowengagingwithcustomerson astrategyforaninsertiontargetedatthe10nmlogicnode.ThefirstNXE:3300Bsystemsareintheprocessofshipment andinstallationatcustomersites,asweprogresstoimprovetheperformanceofthelightsource.

Financial outlook

ThefollowingtablesetsforthoursystemsbacklogasofJune30,2013andDecember31,2012:

Unaudited December 31, 2012	Unaudited June 30, 2013	(inmillionsEUR,unlessotherwiseindicated)
40	35	NewsystemsbacklogexcludingEUV(inunits)
6	7	UsedsystemsbacklogexcludingEUV(inunits)
46	42	TotalsystemsbacklogexcludingEUV(inunits)
1,190.1	1,354.9	ValueofnewsystemsbacklogexcludingEUV
24.0	40.3	ValueofusedsystemsbacklogexcludingEUV
1,214.1	1,395.2	ValueoftotalsystemsbacklogexcludingEUV
29.8	38.7	ASPofnewsystemsbacklogexcludingEUV
4.0	5.8	ASPofusedsystemsbacklogexcludingEUV
26.4	33.2	ASPoftotalsystemsbacklogexcludingEUV

Oursystemsbacklogincludesonlyordersforwhichwrittenauthorizationshavebeenacceptedandsystemshipment andrevenuerecognitiondateswithin12monthshavebeenassigned.Historically,ordershavebeensubjectto cancellationordelaybythecustomer.Duetopossiblecustomerchangesindeliveryschedulesandtocancellation oforders,oursystemsbacklogatanyparticulardateisnotnecessarilyindicativeforactualsalesforanysucceeding period.

ASMLexpectsfull-year2013salesatalevelofuptoEUR5billion(excludinganexpectedcontributionofabout EUR180millionfromCymer),whichisaboveourpreviousguidanceofalevelsimilartotheEUR4.73billionof2012. FurthermoreweexpectthreeEUVsystemstoberecognizedforrevenuein2013.

TheBoardofManagement, Veldhoven,July17,2013

Managing Directors' Statement

TheBoardofManagementherebydeclaresthat,tothebestofitsknowledge,theConsolidatedCondensedInterim FinancialStatementspreparedinaccordancewithIAS34,"InterimFinancialReporting",provideatrueandfairview oftheassets,liabilities,financialpositionandprofitorlossofASMLHoldingN.V.andtheundertakingsincludedinthe consolidationtakenasawholeandthattheManagementBoardReportincludesafairreviewoftheinformationrequired pursuanttosection5:25d(8)/(9)oftheDutchActonFinancialSupervision(Wet op het Financieel Toezicht).

TheBoardofManagement,

PeterT.F.M.Wennink,PresidentandChiefExecutiveOfficer,ChiefFinancialOfficeradinterim MartinA.vandenBrink,PresidentandChiefTechnologyOfficer FritsJ.vanHout,ExecutiveVicePresidentEUVandProductGenerationProcess FrédéricJ.M.Schneider-Maunoury,ExecutiveVicePresidentOperationsandOrderFulfillmentProcess

Veldhoven,July17,2013

Consolidated Condensed Interim Financial Statements

Consolidated Condensed Interim Financial Statements

• ConsolidatedCondensedStatementofProfitorLoss
• ConsolidatedCondensedStatementofComprehensiveIncome
• ConsolidatedCondensedStatementofFinancialPosition
• ConsolidatedCondensedStatementofChangesinEquity
• ConsolidatedCondensedStatementofCashFlows
• NotestotheConsolidatedCondensedInterimFinancialStatements

Notes	For the six-month period ended June 30, 2013 and July 1, 2012 (inthousands,exceptpersharedata)	Unaudited 2013 EUR	Unaudited 2012 EUR
12 12	Netsystemsales Netserviceandfieldoptionsales	1,592,466 486,332	2,034,805 444,860
	Total net sales	2,078,798	2,479,665
	Costofsystemsales Costofserviceandfieldoptionsales	(980,009) (315,673)	(1,234,715) (234,357)
	Total cost of sales	(1,295,682)	(1,469,072)
	Gross profit on sales	783,116	1,010,593
	Otherincome Researchanddevelopmentcosts Selling,generalandadministrativecosts	30,516 (218,390) (131,908)	- (150,168) (107,160)
	Operating income	463,334	753,265
	Interestincome Interestcharges	4,050 (11,031)	13,296 (14,442)
11	Income before income taxes Provisionforincometaxes	456,353 (41,613)	752,119 (93,183)
	Net income	414,740	658,936
8 8	Basicnetincomeperordinaryshare Dilutednetincomeperordinaryshare1 Numberofordinarysharesusedincomputingpershareamounts(inthousands):	1.00 0.99	1.60 1.59
8 8	Basic Diluted1	416,812 421,034	410,618 413,837

1 ThecalculationofdilutednetincomeperordinaryshareassumestheexerciseofoptionsissuedunderASMLstockoptionplansandtheissuanceof sharesunderASMLshareplansforperiodsinwhichexercisesorissuanceswouldhaveadilutiveeffect.Thecalculationofdilutednetincomeper ordinarysharedoesnotassumeexerciseofsuchoptionsorissuanceofshareswhensuchexercisesorissuancewouldbeanti-dilutive.

Consolidated Condensed Statement of Comprehensive Income

For the six-month period ended June 30, 2013 and July 1, 2012 (inthousands)	Unaudited 2013 EUR	Unaudited 2012 EUR
Net income	414,740	658,936
Other comprehensive income: Foreign currency translation, net of taxes:
Gain(loss)ontranslationofforeignoperations	(5,471)	(1,817)
Financial instruments, net of taxes:
Gain(loss)onderivativefinancialinstruments	3,992	(15,293)
Transferstonetincome	(3,926)	8,215
Other comprehensive income for the period, net of taxes1	(5,405)	(8,895)
Total comprehensive income for the period, net of taxes	409,335	650,041
AttributabletoEquityholders	409,335	650,041

1 Allitemsrecognizedinothercomprehensiveincomearepotentiallyabletobesubsequentlyreclassifiedtoprofitorloss.

Consolidated Condensed Statement of Financial Position

(Beforeappropriationofnetincome)

Notes		Unaudited June 30, 2013	December 31, 2012
	(inthousands)	EUR	EUR
	Assets
	Property,plantandequipment	1,137,224	1,029,923
	Goodwill	2,046,844	158,067
	Otherintangibleassets	1,364,489	460,928
	Deferredtaxassets	236,684	188,638
	Financereceivables	17,510	38,621
5	Derivativefinancialinstruments	65,920	101,651
	Otherassets	223,527	206,900
	Total non-current assets	5,092,198	2,184,728
	Inventories	2,359,017	1,856,970
	Currenttaxassets	49,392	57,116
	Derivativefinancialinstruments	34,957	50,097
	Financereceivables	252,425	265,167
	Accountsreceivable	612,811	605,288
	Otherassets	232,471	166,088
5,6	Short-terminvestments	758,297	930,005
5,6	Cashandcashequivalents	1,592,321	1,767,596
	Total current assets	5,891,691	5,698,327
	Total assets	10,983,889	7,883,055
	Equity and liabilities
	Equity	7,050,717	4,498,202
	Long-termdebt	732,916	752,892
5	Derivativefinancialinstruments	2,945	4,032
	Deferredandothertaxliabilities	441,275	132,834
	Provisions	6,888	7,974
9	Accruedandotherliabilities	259,952	401,109
	Total non-current liabilities	1,443,976	1,298,841
	Provisions	2,355	2,280
5	Derivativefinancialinstruments	9,134	6,861
	Currentportionoflong-termdebt	3,839	3,610
	Currentandothertaxliabilities	1,765	10,791
9	Accruedandotherliabilities	1,960,120	1,873,509
	Accountspayable	511,983	188,961
	Total current liabilities	2,489,196	2,086,012
	Total equity and liabilities	10,983,889	7,883,055

Consolidated Condensed Statement of Changes in Equity

	Issued and outstanding shares
(inthousands)	Number1	Amount EUR	Share Premium EUR	Treasury Shares at cost EUR	Retained Earnings EUR	Other Reserves2 EUR	Net Income (Loss) EUR	Total EUR
Balance at December 31, 2011	413,669	38,816	920,478		(417,837) 1,525,238	159,039	1,494,071	3,719,805
Appropriation of net income Components of Statement of Comprehensive Income	-	-	-		- 1,494,071	-	(1,494,071)	-
Netincome	-	-	-	-	-	-	658,936	658,936
Foreigncurrencytranslation,netoftaxes	-	-	-	-	-	(1,817)	-	(1,817)
Lossonfinancialinstruments,netoftaxes	-	-	-	-	-	(7,078)	-	(7,078)
Total comprehensive income	-	-	-	-	-	(8,895)	658,936	650,041
Purchases of treasury shares	(7,114)	-	-	(252,396)	-	-	-	(252,396)
Cancellation of treasury shares	-	(1,030)	-	294,752	(293,722)	-	-	-
Share-based payments	-	-	9,920	-	-	-	-	9,920
Issuance of shares	1,635	-	(5,294)	28,633	(2,850)	-	-	20,489
Dividend paid	-	-	-	-	(188,892)	-	-	(188,892)
Development expenditures	-	-	-	-	(87,543)	87,543	-	-
Balance at July 1, 2012 (unaudited)	408,190	37,786	925,104		(346,848) 2,446,302	237,687	658,936	3,958,967
Appropriation of net income Components of Statement of Comprehensive Income	-	-	-	-	-	-	-	-
Netincome	-	-	-	-	-	-	643,411	643,411
Foreigncurrencytranslation,netoftaxes	-	-	-	-	-	7,744	-	7,744
Lossonfinancialinstruments,netoftaxes	-	-	-	-	-	(469)	-	(469)
Total comprehensive income	-	-	-	-	-	7,275	643,411	650,686
Customer Co-Investment Program:
Issuanceofshares	96,566	8,691	3,968,677	-	-	-	-	3,977,368
Fairvaluedifferences4	-	-	(123,416)	-	-	-	-	(123,416)
Capitalrepayment5	(93,411)		(8,691) (3,845,261)	125,628	-	-		- (3,728,324)
Purchases of treasury shares3	(6,364)	-	-	(282,977)	-	-	-	(282,977)
Share-based payments	-	-	10,676	-	-	-	-	10,676
Issuance of shares	2,184	-	(2,812)	38,349	(315)	-	-	35,222
Dividend paid	-	-	-	-	-	-	-	-
Development expenditures	-	-	-	-	(104,939)	104,939	-	-
Balance at December 31, 2012	407,165	37,786	932,968		(465,848) 2,341,048	349,901	1,302,347	4,498,202
Appropriation of net income Components of Statement of Comprehensive Income	-	-	-		- 1,302,347	-	(1,302,347)	-
Netincome	-	-	-	-	-	-	414,740	414,740
Foreigncurrencytranslation,netoftaxes	-	-	-	-	-	(5,471)	-	(5,471)
Lossonfinancialinstruments,netoftaxes	-	-	-	-	-	66	-	66
Total comprehensive income	-	-	-	-	-	(5,405)	414,740	409,335
Customer Co-Investment Program:
Fairvaluedifferences6	-	-	10,854	-	-	-	-	10,854
Purchases of treasury shares3	(1,437)	-	-	(85,807)	-	-	-	(85,807)
Cancellation of treasury shares	-	(854)	-	349,261	(348,407)	-	-	-
Share-based payments	-	-	81,5698	-	-	-	-	81,569
Issuance of shares7	37,535	3,281	2,334,677	14,847	(156)	-	-	2,352,649
Dividend paid	-	-	-	-	(216,085)	-	-	(216,085)
Development expenditures	-	-	-	-	(130,720)	130,720	-	-
Balance at June 30, 2013 (unaudited)	443,263	40,213	3,360,068		(187,547) 2,948,027	475,216	414,740	7,050,717

1 AsofJune30,2013,thenumberofissuedshareswas446,808,250.Thisincludesthenumberofissuedandoutstandingsharesof443,263,373and thenumberoftreasurysharesof3,544,877.AsofDecember31,2012,thenumberofissuedshareswas419,852,467.Thisincludedthenumberof issuedandoutstandingsharesof407,165,221andthenumberoftreasurysharesof12,687,246.AsofJuly1,2012,thenumberofissuedshareswas 419,852,514.Thisincludedthenumberofissuedandoutstandingsharesof408,190,137andthenumberoftreasurysharesof11,662,377.

2 Otherreservesconsistofthehedgingreserve,thecurrencytranslationreserveandthereserveforcapitalizeddevelopmentexpenditures. 3 Duringthesix-monthperiodendedJune30,2013,ASMLrepurchasedsharesforanamountofEUR85.8million(December31,2012:EUR535.4 million;July1,2012:EUR252.4million).AsofJune30,2013,EUR1.1millionofthetotalrepurchasedamountremainedunpaidandisrecorded inaccruedandothercurrentliabilities(December31,2012:nil;July1,2012:EUR7.9million).

4 ThedifferencebetweenthefairvalueofthesharesandthesubscriptionpriceofthesharesissuedtotheparticipatingcustomersintheCustomerCo-InvestmentProgram.

5 In2012,aspartofthecapitalrepayment,EUR3,728.3millionofequitywasreturnedtoourshareholders(excludingIntelCorporation,Taiwan SemiconductorManufacturingCompanyLtd.andSamsungElectronicsCorporation(collectivelyreferredtoas"participatingcustomers"inthe CustomerCo-investmentProgram)andthenumberofshareswasreducedby23percent.

6 EUR10.9millionisrecognizedtoincreaseequitytothefairvalueofthesharesissuedtotheparticipatingcustomersintheCustomerCo-investment Program.TheportionoftheNREfundingallocabletothesharesisreceivedovertheNREfundingperiod(2013-2017).

7 Issuanceofsharesincludes36,450,374ordinarysharesissuedinrelationtotheacquisitionofCymerforatotalfairvalueofEUR2,345.8million. ThedifferenceofEUR1.8millionwiththefairvalueofsharesasdisclosedinNote4isexplainedby28,735sharesstilltobeissuedtoformerCymer shareholders.

8 Share-basedpaymentsincludeanamountofEUR66.1millioninrelationtothefairvalueofunvestedequityawardsexchangedaspartofacquisition ofCymer.

Consolidated Condensed Statement of Cash Flows

		Unaudited	Unaudited
	For the six-month period ended June 30, 2013 and July 1, 2012	2013	2012
Notes	(inthousands)	EUR	EUR
	Cash Flows from Operating Activities Netincome	414,740	658,936
	Adjustmentstoreconcilenetincometonetcashflowsfromoperatingactivities:
	Depreciationandamortization	131,754	157,438
	Impairment	2,668	1,055
	Lossondisposalofproperty,plantandequipment	561	1,544
	Share-basedpayments	15,048	8,723
	Allowancefordoubtfulreceivables	759	276
	Allowanceforobsoleteinventory	64,416	61,631
11	Deferredincometaxes	52,347	34,803
	Changesinassetsandliabilities:
	Accountsreceivable	63,619	243,648
	Financereceivables	34,357	(43,438)
	Inventories¹	(269,883)	(314,475)
	Otherassets	(35,045)	59,569
9	Accruedandotherliabilities	(128,855)	(143,290)
	Accountspayable	223,049	(116,623)
11	Incometaxespayable	79,868	49,829
	Cash generated from operations	649,403	659,626
	Interestreceived	30,820	27,837
	Interestpaid	(39,927)	(35,105)
11	Incometaxespaid	(44,092)	(42,815)
	Net cash provided by operating activities	596,204	609,543
	Cash Flows from Investing Activities
	Purchaseofproperty,plantandequipment	(77,841)	(86,063)
	Purchaseofintangibleassets	(175,191)	(143,054)
5	Purchaseofavailableforsalesecurities	(474,962)	-
5	Maturityofavailableforsalesecurities	686,725	(849,980)
4	Acquisitionofsubsidiaries(netofcashacquired)2	(443,712)	-
	Net cash used in investing activities	(484,981)	(1,079,097)
	Cash Flows from Financing Activities
13	Dividendpaid	(216,085)	(188,892)
13	Purchaseofshares3	(84,752)	(244,562)
	Netproceedsfromissuanceofshares	17,689	20,514
	Repaymentofdebt	(1,764)	(1,327)
	Net cash used in financing activities	(284,912)	(414,267)
	Netcashflows	(173,689)	(883,821)
	Effectofchangesinexchangeratesoncash	(1,586)	3,829
	Net increase in cash and cash equivalents	(175,275)	(879,992)
	Cashandcashequivalentsatbeginningoftheyear	1,767,596	2,731,782
	Cash and cash equivalents at June 30, 2013 and July 1, 2012	1,592,321	1,851,790

1 AnamountofEUR25.5million(July1,2012:EUR149.5million)oftheadditionsinproperty,plantandequipmentrelatestonon-cashtransfersfrom inventoryandanamountofEUR33.8million(July1,2012:EUR39.8million)ofthedisposalsofproperty,plantandequipmentrelatestonon-cash transferstoinventory.Sincethetransfersbetweeninventoryandproperty,plantandequipmentarenon-cashevents,thesearenotreflectedinthis ConsolidatedCondensedStatementofCashFlows.

2 InadditiontothecashpaidinrelationtotheacquisitionofCymer,weissued36,450,374millionsharesforanamountofEUR2,345.8million(noncashevent)aspartoftheconsiderationtransferred.

3 Duringthesix-monthperiodendedJune30,2013,ASMLrepurchasedsharesforanamountofEUR85.8million(July1,2012:EUR252.4million). AsofJune30,2013,EUR1.1millionofthetotalrepurchaseamountremainedunpaidandisrecordedinaccruedandothercurrentliabilities(July1, 2012:EUR7.9million).

Notes to the Consolidated Condensed Interim Financial Statements

1. General Information

ASML'ssharesarelistedfortradingintheformofregisteredsharesontheNASDAQandintheformofregisteredshares onNYSEEuronextAmsterdam.TheprincipaltradingmarketofASML'sordinarysharesisNYSEEuronextAmsterdam.

TheConsolidatedCondensedInterimFinancialStatementsincludethefinancialstatementsofASMLHoldingN.V.and itssubsidiariesandthespecialpurposeentities(togetherreferredtoas"ASML")overwhichASMLHoldingN.V.has control.Allintercompanyprofits,balancesandtransactionshavebeeneliminatedintheconsolidation.

TheConsolidatedCondensedInterimFinancialStatementswereauthorizedforissuancebytheBoardofManagement onJuly17,2013.

TheConsolidatedCondensedInterimFinancialStatementshavenotbeenauditedorreviewedbyanexternalauditor.

2. Basis of Preparation

TheConsolidatedCondensedInterimFinancialStatementsforthesix-monthperiodendedJune30,2013havebeen preparedinaccordancewithIAS34,"InterimFinancialReporting".TheConsolidatedCondensedInterimFinancial StatementsdonotincludealltheinformationanddisclosuresasrequiredintheStatutoryFinancialStatementsand shouldbereadinconjunctionwiththesefinancialstatements,whichhavebeenpreparedinaccordancewithIFRSas adoptedbytheEU.

OnMay30,2013,weacquired100%oftheissuedsharecapitalofCymerInc.,comparativefinancialinformation presentedintheConsolidatedCondensedInterimFinancialStatementsdoesnotincludeCymer.

TheConsolidatedCondensedInterimFinancialStatementsarestatedinthousandsofeuros("EUR")unlessotherwise indicated.

3. Summary of Significant Accounting Policies

TheaccountingpoliciesadoptedinthepreparationoftheConsolidatedCondensedInterimFinancialStatementsare consistentwiththoseappliedinthepreparationoftheStatutoryFinancialStatements2012,exceptfortheincome taxexpenseandtheadoptionofnewandrevisedInternationalFinancialReportingStandardsasadoptedbytheEU enumeratedbelow.

Income tax expense

Incometaxexpenseisrecognizedbasedonmanagement'sbestestimateoftheannualincometaxrateexpectedforthe fullfinancialyear.

Adoption of new and revised International Financial Reporting Standards

ASML'sadoptionofnewStandardsandInterpretationswhichareeffectiveasofJanuary1,2013aresummarizedbelow:

IFRS7Amendments"Disclosures-OffsettingFinancialAssetsandFinancialLiabilities"(effectiveforannualperiods beginningonorafterJanuary1,2013).TheAmendmentstoIFRS7requirestodiscloseinformationaboutrightsof offsetandrelatedarrangements(suchascollateralpostingrequirements)forfinancialinstrumentsunderanenforceable masternettingagreementorsimilararrangement.TheAdoptionoftheAmendmentsdidnothaveanyimpactonour ConsolidatedCondensedInterimFinancialStatements.

IFRS13"Fairvaluemeasurement"(EffectiveforannualperiodsbeginningonorafterJanuary1,2013).IFRS13defines fairvalue,establishedaframeworkformeasuringfairvalueandrequiresdisclosuresaboutfairvaluemeasurements.The standardappliestobothfinancialinstrumentitemsandnon-financialinstrumentitems.TheAdoptionofthisstandard resultedinadditionaldisclosuresasincludedinNote5.

IAS1Amendments"Presentationofitemsofothercomprehensiveincome"(effectiveforannualperiodsbeginningon orafterJuly1,2012).Theamendmentsintroducenewterminologyforthestatementofcomprehensiveincomeand incomestatement.AsresultoftheamendmentstoIAS1,the'incomestatement'isrenamedthe'statementofprofitor loss'theotheritemsinIAS1AmendmentsdidnothaveanyimpactonourConsolidatedCondensedInterimFinancial Statements.

IAS19(asrevisedin2011)"EmployeeBenefits"(effectiveforannualperiodsbeginningonorafterJanuary1,2013). TheamendmentstoIAS19changetheaccountingfordefinedbenefitplansandterminationbenefits.Further,

theamendmentsenhancethedisclosurerequirementsforanemployer'sparticipationinamulti-employerplan. TheAdoptionoftheRevisedStandarddidnothaveanyimpactonourConsolidatedCondensedInterimFinancial Statements.

AnnualImprovementstoIFRSs2009-2011CycleissuedinMay2012(effectiveforannualperiodsbeginningonor afterJanuary1,2013).AmendmentstoIFRSsamongstothersincludeamendmentstoIAS1"PresentationofFinancial Statements".ThisAmendmentrequirestogrouptheitemsinothercomprehensiveincomeonthebasisofwhetherthey arepotentiallyabletosubsequentlyreclassifiedtoprofitandloss(reclassificationadjustments).Thepresentationofour ConsolidatedCondensedStatementofComprehensiveIncomehasbeenadjustedtocomplywiththisAmendment.

4. Business Combinations

OnMay30,2013,weconcludedtheacquisitionofCymer,Inc.andobtainedcontrolthroughacquiring100%ofthe issuedsharecapitalofCymer,foraconsiderationofEUR2,941.6million.Therearenocontingentconsideration arrangements.

Priortotheacquisition,Cymerwasanindustryleaderindevelopinglithographylightsourcesusedbychip manufacturersworldwidetopatternadvancedsemiconductorchips.CymerhasproductionfacilitiesinSanDiego,the UnitedStatesofAmericaandinPyongtaek-city,SouthKorea.

TheacquisitionofCymerwillsupportourstrategicobjectiveofdeliveringaneconomicallyviableEUVscannertothe semiconductormanufacturerswithinthetimelinerequiredbyourcustomers.Inaddition,thereareopportunitiesto furtherenhanceCymer'sgrowingadvancedimmersionsystemsandDUVinstalledbaseproductsbusiness.

Theamountsrecordedfortheacquisitionasdisclosedbelowareprovisional.UnderIFRS3(R),adjustmentsto provisionalfairvaluesandgoodwillmaybemadeintheperiodsubsequenttothebusinesscombination.Theperiod duringwhichsuchanadjustmentispermittedislimitedto12monthsfromthedateofacquisition.

Thefollowingtablesummarizesthemajorclassesofconsiderationtransferred,andtherecognizedprovisionalamounts ofassetsacquiredandliabilitiesassumedattheacquisitiondate.

	Unaudited
	May 30, 2013
(inthousands)	EUR1
Property,plantandequipment	134,263
Otherintangibleassets	774,398
Deferredtaxassets	83,858
Derivativefinancialinstruments	611
Otherassets,currentandnon-current	29,418
Inventories	288,553
Currenttaxassets	30,775
Financereceivables	121,394
Short-terminvestments	40,055
Cashandcashequivalents	84,129
Assets acquired	1,587,454
Long-termdebt,currentandnon-current	609
Deferredandothertaxliabilities	291,052
Accruedandotherliabilities	90,900
Accountspayable	151,412
Liabilities assumed	533,973
Total net identifiable assets	1,053,481
ConsiderationpaidincashforthetransactiononMay30,2013	486,325
Fairvalueofshares2	2,347,663
Fairvalueofequityawardscashsettled	41,516
Fairvalueofunvestedequityawardstobeexchanged	66,073
Consideration transferred	2,941,577
Goodwill on acquisition (provisional)	1,888,096

1 AmountswereconvertedintoeuroattherateofUSD/EUR1.3043.

2 Aspartoftheconsiderationtransferred,Cymershareswereconvertedintoarighttoreceive36,479,109ASMLordinaryshares.Theseshareswere valuedat\$83,94beingtheopeningpriceonNASDAQatMay30,2013.AsatJune30,201328,735ASMLordinarysharesarestilltobeissued.

Prior to the acquisition, a supply and a research and development arrangement existed between Cymer and ASML. This pre-existing relationship was effectively settled as a result of the acquisition. We determined that this arrangement was at current market terms and therefore no gain or loss was recognized in our Consolidated Condensed Statement of Profit or Loss.

The majority of the provisional goodwill arising on the acquisition of Cymer is attributable to the fact that we believe that the acquisition will help us achieving our strategic objective of delivering an economically viable EUV scanner to semiconductor manufacturers as soon as reasonably possible. We believe that combining Cymer's expertise in EUV light sources with our expertise in lithography systems design and integration will reduce the risks related to the successful development of and accelerate the introduction of, EUV technology. Without the acquisition, we do not believe that Cymer would have sufficient resources to complete the development of the EUV source and as a result, the only way to make the EUV source development successful without additional delay is through the acquisition of Cymer. We believe that the acquisition will allow us to more effectively partition responsibilities between Cymer, its suppliers and us with respect to EUV light source development, reducing risk and increasing development speed. Also, synergies are expected from the combination. Therefore a provisional goodwill amount of EUR 1.458.3 million has been allocated to our cashgenerating unit ASML. The remaining part of the provisional goodwill (EUR 429.8 million) has been allocated to our new DUV light source CGU. None of the goodwill recognized is expected to be deductible for income tax purposes.

Cymer contributed EUR 31.8 million to net sales and a loss of EUR 10.7 million to net income (including the charge of EUR 15.8 million related to the fair value lift up on inventory. EUR 3.5 million of amortization of identified intangible assets and a tax effect of EUR 3.3 million) for the period between the date of acquisition and the Interim Statement of Financial Position date

It has not yet been practicable to estimate the impact on net sales and income before taxes which would have been attributable to our equity holders if the acquisition had been completed on January 1, 2013. This disclosure will be included in our Statutory Financial Statements 2013.

During the first half vear of 2013. ASML incurred EUR 6.4 million transaction costs relating to the acquisition of Cymer Inc. These costs are included in SG&A.

5. Fair Value Measurements

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement hierarchy prioritizes the inputs to valuation techniques used to measure fair value as follows:

• Level 1: Valuations based on inputs such as quoted prices for identical assets or liabilities in active markets that the entity has the ability to access.

• Level 2: Valuations based on inputs other than level 1 inputs such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities.

• Level 3: Valuations based on inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). A financial instrument's fair value classification is based on the lowest level of any input that is significant in the fair value measurement hierarchy.

Assets and Liabilities measured at fair value on a recurring basis

Investments in money market funds (as part of our cash and cash equivalents) have fair value measurements which are all based on quoted prices for identical assets or liabilities.

Our available-for sale financial instruments consist primarily of Dutch Treasury Certificates and deposits with the Dutch government. Dutch Treasury Certificates are traded in an active market and the fair value is determined based on quoted market prices for identical assets or liabilities. The fair value of deposits is determined with reference to quoted market prices for similar assets or discounted cash flow analysis.

Theprincipalmarketinwhichweexecuteourderivativecontractsistheinstitutionalmarketinanover-the-counter environmentwithahighlevelofpricetransparency.Themarketparticipantsusuallyarelargecommercialbanks.The valuationinputsforourderivativecontractsarebasedonquotedpricesandquotingpricingintervalsfrompublicdata sources;theydonotinvolvemanagementjudgement.

Thevaluationtechniqueusedtodeterminethefairvalueofforwardforeignexchangecontracts(usedforhedging purposes)approximatestheNPVwhichistheestimatedamountthatabankwouldreceiveorpaytoterminatethe forwardforeignexchangecontractsatthereportingdate,takingintoaccountcurrentinterestratesandcurrent exchangerates.

Thevaluationtechniqueusedtodeterminethefairvalueofinterestrateswaps(usedforhedgingpurposes)isNPV, whichistheestimatedamountthatabankwouldreceiveorpaytoterminatetheswapagreementsatthereportingdate, takingintoaccountcurrentinterestrates.

Our5.75percentseniornotesdue2017("Eurobond")serveasahedgediteminafairvaluehedgerelationshipin whichwehedgethevariabilityofchangesinthefairvalueofourEurobondduetochangesinmarketinterestrates withinterestrateswaps.Thefairvaluechangesoftheseinterestrateswapsarerecordedonthebalancesheetunder derivativefinancialinstruments(withinothercurrentassetsandothernon-currentassets)andthecarryingamountofthe Eurobondisadjustedforthesefairvaluechangesonly.Theactualfairvalue,includingcreditriskconsiderations,based onquotedmarketpricesasperBloombergFinanceLP,asperJune30,2013amountstoEUR690.7million(December 31,2012:EUR700.6million).

Thefollowingtablepresentsourassetsandliabilitiesthataremeasuredatfairvalueonarecurringbasis:

Unaudited
As of June 30, 2013	Level 1	Level 2	Level 3	Total
(inthousands)	EUR	EUR	EUR	EUR
Assets
Derivativefinancialinstruments1	-	100,877	-	100,877
Moneymarketfunds2	119,090	-	-	119,090
Short-terminvestments3	83,309	674,988	-	758,297
Total	202,399	775,865	-	978,264
Liabilities
Long-termdebt4	-	736,755	-	736,755
Derivativefinancialinstruments1	-	12,079	-	12,079
Total	-	748,834	-	748,834

1 Derivativefinancialinstrumentsconsistofforwardforeignexchangecontractsandinterestrateswaps.

2 Moneymarketfundsarepartofourcashandcashequivalents.

3 Short-terminvestmentsprimarilyconsistofDutchTreasuryCertificatesanddepositswiththeDutchgovernment.

4 Long-termdebtmainlyrelatestoourEUR600.0millionEurobond(fairvalueasatJune30,2013:EUR688.3million(December31,2012:EUR707.1 million))andexcludesaccruedinterest.

Therewerenotransfersbetweenlevelsduringthefirsthalfyearof2013.

Assets and liabilities measured at fair value on a nonrecurring basis

Thecarryingamountofcashandcashequivalents,accountspayable,andothercurrentfinancialassetsandliabilities approximatetheirfairvaluebecauseoftheshort-termnatureoftheseinstruments.Accountsreceivableandfinance receivablesalsoapproximatetheirfairvaluebecauseofthefactthatanyrecoverabilitylossisreflectedinanimpairment loss.

In2013,werecognizedimpairmentchargesofEUR2.7milliononourproperty,plantandequipment,mainlyrelatingto buildingsandconstructionswhichceasedtobeused.ValuationoftheseassetsisclassifiedasLevel3inthefairvalue hierarchysincetheirfairvaluesweredeterminedbasedonunobservableinputs.Theimpairmentchargeisdetermined basedonthedifferencebetweentheassets'estimatedfairvalue(beingEUR2.0million)andtheircarryingamount.

Wedidnotrecognizeanyimpairmentchargesforgoodwillandotherintangibleassetsduringthefirsthalfyearof2013. ForfairvaluemeasurementsinrelationtotheacquisitionofCymerwerefertoNote4.

6. Liquidity

Ourprincipalsourcesofliquidityconsistofcashflowsfromoperations,cashandcashequivalentsasofJune30,2013 ofEUR1,592.3million,(December31,2012:EUR1,767.6million),short-terminvestmentsasofJune30,2013ofEUR

758.3million(December31,2012:EUR930.0),andavailablecreditfacilitiesasofJune30,2013ofEUR700.0million (December31,2012:EUR500.0million).

InMarch2013,inlinewithourfinancingpolicy,wecancelledourEUR500.0millioncommittedrevolvingcreditfacility thatwasduetoexpireinMay2015andreplaceditwithanewEUR700.0millioncommittedrevolvingcreditfacility. Thenewcreditfacilityhasatermoffiveyearsandcontainsthesamerestrictivecovenantasthecreditfacilityit replaced.Thiscovenantrequiresustomaintainaminimumcommittedcapitaltonettotalassetsratioof40.0percentin accordancewithcontractuallyagreeddefinitions.

7. Critical Accounting Judgments and Key sources of Estimation uncertainty

Intheprocessofapplyingouraccountingpolicies,managementhasmadesomejudgmentsthathaveasignificant effectontheamountsrecognizedintheConsolidatedCondensedInterimFinancialStatements.Thecriticalaccounting judgmentsandkeysourcesofestimationuncertaintyareconsistentwiththosedescribedintheStatutoryFinancial Statements2012.

8. Earnings per Share

TheEPSdatahavebeencalculatedasfollows:

For the six-month period ended June 30, 2013 and July 1, 2012 (inthousands,exceptpersharedata)	Unaudited 2013 EUR	Unaudited 2012 EUR
Net income	414,740	658,936
Weighted average number of shares outstanding (after deduction of treasury stock)	416,812	410,618
Basic net income per ordinary share	1.00	1.60
Weighted average number of shares: Plussharesapplicableto:	416,812	410,618
Stockoptions/Restrictedshares1	4,222	3,219
Dilutive potential common shares	4,222	3,219
Adjusted weighted average number of shares	421,034	413,837
Diluted net income per ordinary share1	0.99	1.59

1 ThecalculationofdilutednetincomeperordinaryshareassumestheexerciseofoptionsissuedunderASMLstockoptionplansandtheissuanceof sharesunderASMLshareplansforperiodsinwhichexercisesorissuanceswouldhaveadilutiveeffect.Thecalculationofdilutednetincomeper ordinarysharedoesnotassumeexerciseofsuchoptionsorissuanceofshareswhensuchexercisesorissuancewouldbeanti-dilutive.

9. Accrued and other liabilities

Accruedandotherliabilitiesconsistofthefollowing:

Unaudited
June 30, 2013	December 31, 2012
(inthousands)	EUR EUR
Deferredrevenue 749,159	739,136
Coststobepaid 272,373	278,066
Downpaymentsfromcustomers 996,103	1,033,768
Personnelrelateditems 169,276	200,670
Warranty	15,268 21,626
Other	17,893 1,352
Total accrued and other liabilities 2,220,072	2,274,618
Less:non-currentportionofaccruedandotherliabilities 259,952	401,109
Current portion of accrued and other liabilities 1,960,120	1,873,509

10. Commitments, Contingencies and Guarantees

Thenature,scaleandscopeofthecommitments,contingenciesandguaranteesareinlinewiththethosedisclosedin theStatutoryFinancialStatements2012.AsaresultoftheacquisitionofCymer,ourcontractualobligationsincreased withEUR246.4million.

11. Income Taxes

Incometaxexpenseisrecognizedbasedonmanagement'sbestestimateoftheannualincometaxrateforthefull financialyear.Theestimatedannualtaxrateforthesix-monthperiodendedJune30,2013is9.1percentcompared to12.4percentforthesix-monthperiodendedJuly1,2012.Thedecreaseintheestimatedannualtaxrateismainly explainedbychangesinthemixofincomebeforeincometaxesbetweentheNetherlandsandforeignjurisdictionsasa resultoftheacquisitionofCymerandtaxincentivesasresultoftheNetherlandsresearchanddevelopmentdeduction ("RDA").

12. Segment Disclosure

ASMLcurrentlyoperatesinonereportablesegmentforthedevelopment,production,marketing,saleandservicingof advancedsemiconductorequipmentsystemsexclusivelyconsistingoflithographysystems.InaccordancewithIFRS8, ASML'sChiefExecutiveOfficerhasbeenidentifiedasthechiefoperatingdecision-maker,whoreviewsoperatingresults tomakedecisionsaboutallocatingresourcesandassessingperformanceforASML.

Managementreportingincludesnetsystemsalesfiguresofnewandusedsystems.Netsystemsalesfornewandused systemswereasfollows:

	Unaudited	Unaudited
For the six-month period ended June 30, 2013 and July 1, 2012	2013	2012
(inthousands)	EUR	EUR
Newsystems	1,543,524	2,018,231
Usedsystems	48,942	16,574
Net system sales	1,592,466	2,034,805

SegmentperformanceisevaluatedbyourchiefoperatingdecisionmakerbasedonUSGAAPnetincomeorlosswhich incertainrespect,asexplainedinthetablebelow,ismeasureddifferentlyfromnetincomeorlossreportedinour ConsolidatedCondensedInterimFinancialStatements,whicharebasedonIFRS,asadoptedbytheEU.

	Unaudited	Unaudited
For the six-month period ended June 30, 2013 and July 1, 2012	2013	2012
(inthousands)	EUR	EUR
Netsystemsales	1,592,466	2,034,805
Netserviceandfieldoptionsales	486,332	444,860
Total net sales	2,078,798	2,479,665
Costofsales	(1,255,858)	(1,425,659)
Gross profit on sales	822,940	1,054,006
Otherincome	30,516	-
Researchanddevelopmentcosts	(384,757)	(289,952)
Selling,generalandadministrativecosts	(130,601)	(110,095)
Income from operations	338,098	653,959
Interestincome(expense),net	(9,358)	(243)
Income before income taxes	328,740	653,716
Provisionforincometaxes	(11,769)	(79,819)
Net income for management reporting purposes	316,971	573,897
DifferencesUSGAAPandIFRSasadoptedbytheEU	97,769	85,039
Net income based on IFRS as adopted by the EU	414,740	658,936

SegmentperformanceisalsoevaluatedbyourmanagementbasedonUSGAAPfortotalassets.Thetablebelow presentsthemeasurementsandthereconciliationtototalassetsintheConsolidatedCondensedInterimFinancial Statements:

	Unaudited
	June 30, 2013	December 31, 2012
(inthousands)	EUR	EUR
Totalassetsformanagementreportingpurposes	10,377,850	7,410,478
DifferencesUSGAAPandIFRS	606,039	472,577
TotalassetsbasedonIFRS	10,983,889	7,883,055

Forgeographicalreporting,netsalesareattributedtothegeographiclocationinwhichthecustomers'facilitiesare located.Totalnon-currentassetsareattributedtothegeographiclocationinwhichtheseassetsarelocatedandexclude deferredtaxassetsandfinancialinstruments.Netsalesandnon-currentassetsbygeographicregionwereasfollows:

	Unaudited	Unaudited
For the six-month period ended June 30, 2013 and July 1, 2012	Net sales	Non-current assets
(inthousands)	EUR	EUR
For the six-month period ended June 30, 2013:
Japan	109,217	15,511
Korea	477,973	15,085
Singapore	77,870	844
Taiwan	898,247	52,727
RestofAsia	167,807	2,318
Europe	32,216	1,561,299
UnitedStates	315,468	3,096,457
Total	2,078,798	4,744,241
For the six-month period ended July 1, 2012:
Japan	168,033	79,542
Korea	757,257	18,331
Singapore	27,939	1,021
Taiwan	744,612	45,938
RestofAsia	129,092	1,738
Europe	129,525	1,462,840
UnitedStates	523,207	282,054
Total	2,479,665	1,891,464

Duringthesix-monthperiodendedJune30,2013,salestothelargestcustomeraccountedforEUR752.2millionor 36.2percentofnetsales(July1,2012:EUR652.9millionor26.3percent).Ourthreelargestcustomers(basedonnet sales)accountedfor45.1percentofaccountsreceivableandfinancereceivablesatJune30,2013and41.9percentof accountsreceivableandfinancereceivablesatJuly1,2012.

Substantiallyallofoursaleswereexportsalesduringthesix-monthperiodendedJune30,2013andJuly1,2012.

13. Dividends and Share Buybacks

Aspartofourfinancingpolicy,weaimtopayanannualdividendthatwillbestableorgrowingovertime.Annually,the BoardofManagementwill,uponpriorapprovalfromtheSupervisoryBoard,submitaproposaltotheAnnualGeneral MeetingofShareholderswithrespecttotheamountofdividendtobedeclaredwithrespecttotheprioryear.The dividendproposalinanygivenyearwillbesubjecttotheavailabilityofdistributableprofitsorretainedearningsandmay beaffectedby,amongotherfactors,theBoardofManagement'sviewsonourpotentialfutureliquidityrequirements, includingforinvestmentsinproductioncapacity,thefundingofourresearchanddevelopmentprogramsandfor acquisitionopportunitiesthatmayarisefromtimetotime;andbyfuturechangesinapplicableincometaxandcorporate laws.Accordingly,itmaybedecidedtoproposenottopayadividendortopayalowerdividendwithrespecttoany particularyearinthefuture.

IntheAnnualGeneralMeetingofShareholdersofApril24,2013,adividendofEUR0.53perordinaryshareofEUR 0.09nominalvaluewasadoptedfor2012.Asaresult,atotaldividendamountofEUR216.1millionwaspaidtoour shareholdersonMay14,2013.

Inadditiontodividendpayments,weintendtoreturncashtoourshareholdersonaregularbasisthroughshare buybacksorcapitalrepayment,subjecttoouractualandanticipatedliquidityrequirementsandotherrelevantfactors.

OnApril17,2013,weannouncedourintentiontopurchaseuptoanamountofEUR1.0billionofourownshareswithin the2013-2014timeframe,startingApril18,2013.UptoJune30,2013wepurchased1.4millionsharesforatotal amountofEUR85.8million.Therepurchasedshareswillbecancelled.

14. Related Party Transactions

OnJuly9,2012,weannouncedourCustomerCo-InvestmentProgramtoaccelerateourdevelopmentofEUVtechnology beyondthecurrentgenerationandourdevelopmentoffuture450mmsiliconwafertechnology.Oneoftheparticipating customers,Intel,agreedtofundEUR829millionforourR&Dprojects.InadditionIntelalsoagreedtoinvestin ordinarysharesequalto15percentofourissuedsharecapitalperApril25,2012.Duetotheequityinvestment,Intelis consideredarelatedpartyofASMLasofJuly9,2012.

ThetotalnetsalestoIntel(anditsaffiliates)duringthefirsthalfyear2013amountedtoEUR175.9.Thetotalnet salestoIntel(anditsaffiliates)fortheperiodfromJuly9,2012toDecember31,2012amountedtoEUR301.7million. OutstandingbalancesasofJune30,2013amountedtoEUR33.5million(December31,2012:EUR65.0million).

Therehavebeennotransactionsduringthefirsthalfyearof2013andtherearecurrentlynotransactions,between ASMLoranyofitssubsidiaries,andanyothersignificantshareholderandanydirectororofficeroranyrelativeor spousethereofexceptfortransactionsenteredintotheordinarycourseofbusinesswhichareonthesamebusiness termsandconditionsthatwouldhavebeenobtainedfromunrelatedthirdparties.Duringthefirsthalfyearof2013,there hasbeenno,andatpresentthereisno,outstandingindebtednesstoASMLowedorowingbyanydirectororofficerof ASMLoranyassociatethereof.

15. Subsequent Events

WehaveevaluatedsubsequenteventsuntilJuly17,2013whichistheissuancedateofthisStatutoryInterimReportfor thesix-monthperiodendedJune30,2013.Therearenosubsequenteventstoreportexceptforthenewleadershipof ASML.AsofJuly1,2013,ASML'sleadershipcomprisesasfollows:

• PeterWenninkisPresidentandChiefExecutiveOfficerandactsasinterimChiefFinancialOfficeruntila successorhasbeenappointed.
• MartinvandenBrinkisPresidentandChiefTechnologyOfficer.
• FritsvanHoutandFrédéricSchneider-MaunourycontinueasExecutiveVicePresidentsintheBoardof Management.

AsfromJuly1,2013,theresponsibilitiesofEricMeuricewillbeChairmanofASMLHoldingN.V.andwillactasan advisertothenewleadershipandtheSupervisoryBoardfromJuly1,2013untiltheendofhiscontractonMarch31, 2014.ThischangeinresponsibilitiesfollowedbytheterminationoftheemploymentagreementonMarch31,2014, constitutesasuccessfulcompletionofthecontractualperiod.

InaccordancewiththeRemunerationPolicyfortheBoardofManagement(version2010)andtheemploymentcontract withMr.Meurice,thenumberofsharestobeawardedfromtheperformancesharesgrantedin2011,2012and2013 havebeencalculatedbasedontheperformanceofthelastthreecompletedyearsofassignment.Asaresult,the numberofsharestobeawarded,subjecttocontinuedemploymenttoDecember31,2013,willbe95%oftheshares grantedin2011,2012and2013basedontheactualperformanceintheperiod2010-2012.Theoriginalgrantdatefair valuesfortheseconditionallygrantedperformancesharesareallocatedovertheperioduntiltherevisedestimated vestingin2014.

Fortheservicesinfirstquarterof2014,theshare-basedcompensationelementofMr.Meurice'sremunerationwillbe settledincashandcalculatedas15,167.75shares,multipliedbythesharepriceeffectiveasofthedateofexit.

Veldhoven,theNetherlands July17,2013

Preparedby TheBoardofManagement: PeterT.F.M.Wennink MartinA.vandenBrink FritsJ.vanHout FrédéricJ.M.Schneider-Maunoury

Other Information

Information and Investor Relations

Financial calendar

October 16, 2013 AnnouncementofThirdQuarterResultsfor2013

January 22, 2014

AnnouncementofFourthQuarterResultsfor2013andAnnualResultsfor2013

April 23, 2014 GeneralMeetingofShareholders

Fiscal Year ASML'sfiscalyearendsonDecember31,2013

Listing

TheordinarysharesofASMLHoldingN.V.arelistedontheofficialmarketofNYSEEuronextAmsterdamandin theUnitedStatesontheNASDAQ,underthesymbolASML.ASML'sordinarysharesmayalsotradeonotherstock exchangesfromtimetotime,althoughASMLhasnotappliedforlistingsonthoseexchangesanddoesnotendorseand maynotbenotifiedofsuchtrading.

Investor Relations

ASMLInvestorRelationswillanswerquestionsrelatedtoourAnnualReportonForm20-FfiledwiththeUSSecurities andExchangeCommissionandourStatutoryAnnualandInterimReportfiledwiththeAFM. AnnualReports, InterimReports,quarterlyreleasesandotherinformationareavailableonandcanbedownloadedfromourwebsite (www.asml.com).

ASML Worldwide Contact Information

Corporate Headquarters

DeRun6501 5504DRVeldhoven TheNetherlands

Mailing address

P.O.Box324 5500AHVeldhoven TheNetherlands

United States main offices

2650WGeronimoPlace Chandler,AZ85224 U.S.A.

77DanburyRoad Wilton,CT06897 U.S.A.

17075ThornmintCourt, SanDiego,CA92127 U.S.A.

Asia main office

17thFloorSuite1702-3 Queen'sroadCentral100 HongKong

Corporate Communications

phone:+31402687870 email:corpcom@asml.com

Investor Relations

phone:+31402683938 email:investor.relations@asml.com

Formoreinformationpleasevisitour websitewww.asml.com

Definitions

Name	Description
AFM	AutoriteitFinanciëleMarkten
ASP	AverageSellingPrice
CGU	Cash-GeneratingUnit
Cymer	Cymer,Inc.anditssubsidiaries
DUV	DeepUltravioletlithography
EPS	EarningsPerShare
EU	EuropeanUnion
EUR	Euro's
EUV	ExtremeUltravioletlithography
FTE	Full-TimeEquivalents
IAS	InternationalAccountingStandard
IC	IntegratedCircuits
IFRS	InternationalFinancialReportingStandards
NASDAQ	NASDAQStockMarketLLC
NPV	NetPresentValue
R&D	ResearchandDevelopment
SG&Acosts	Selling,GeneralandAdministrativecosts
USGAAP	GenerallyAcceptedAccountingPrinciplesoftheUnitedStatesofAmerica