DELTA — Annual Report 2012

Mar 18, 2013

台達電子2012年財報法人說明會 Delta Electronics, Inc. 2012 Result Analyst Meeting

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12 Mar 2013

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• 合併財務數字乃根據財務會計準則公報第七號編製 Consolidated financials are based on Statement of Financial Accounting Standard No. 7 • 累計合併數字係經由會計師審核 Cumulative consolidated numbers were audited by CPA

• 因旺能即將與新日光合併，該公司對本公司損益表 之淨影響已移至稅後之『停業部門損益』科目 Due to DelSolar’s merger with NSP, its net impact on the Company’s income statement has been moved to an after-tax account, “loss from discontinued business.”

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2012年第四季結算數字 2012 Fourth Quarter Results

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合併營收 Revenues

單位：新台幣十億元 Unit: NT$ billion

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46.7
44.3
42.3
42.3
38.4
4Q11 1Q12 2Q12 3Q12 4Q12
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QoQ
-9%
YoY
0%
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3Q12
電源及零組件
(Power
Electronics)
60%
其他
(Others)
5%
能源管理
智能綠生活
(Energy
(Smart
Mgmt)
Green Life)
18%
17%
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一 業務分類( ) Revenues by Business (1)

4Q12

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電源及零組件
(Power
Electronics)
61%
其他
(Others)
4%
能源管理
智能綠生活
(Energy
(Smart
Mgmt)
Green Life)
17%
18%
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一 業務分類( ) Revenues by Business (1)

單位：新台幣百萬元 Unit: NT$ million

：新台幣百萬元 : NT$ million
	3Q12	4Q12	Change
電源及零組件 (Power Electronics)	28,252	25,647	-9%
能源管理 (Energy Management)	8,391	7,384	-12%
智能綠生活 (Smart Green Life)	7,890	7,739	-2%
其他(Others)	2,165	1,545	-29%
總計(Total)	46,699	42,315	-9%

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4Q11
電源及零組件
(Power
Electronics)
63%
其他
(Others)
3%
能源管理
智能綠生活
(Energy
(Smart
Mgmt)
Green Life)
15%
19%
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業務分類(二) Revenues by Business (2)

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4Q12
電源及零組件
(Power
Electronics)
61%
其他
(Others)
4%
能源管理
智能綠生活
(Energy
(Smart
Mgmt)
Green Life)
17%
18%
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單位：新台幣百萬元 Unit: NT$ million

業務分類(二) Revenues by Business (2)

	4Q11	4Q12	Change
電源及零組件 (Power Electronics)	26,913	25,647	-5%
能源管理 (EnergyManagement)	6,195	7,384	19%
智能綠生活 (Smart Green Life)	7,973	7,739	-3%
其他(Others)	1,233	1,545	25%
總計(Total)	42,314	42,315	0%

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營業毛利 Gross Profit

單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

QoQ -8% YoY +23%

10.78 11.88 10.96 8.93 8.55 25.9% 25.4% 24.3% 22.2% 21.1% 4Q11 1Q12 2Q12 3Q12 4Q12

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單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

研發費用 R&D Expense

QoQ +7% YoY +17%

2.80 3.00 2.66 2.57 2.52 7.1% 6.5% 6.1% 6.0% 6.0%

4Q11

1Q12

2Q12

3Q12

4Q12

銷管費用 SG&A Expense

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單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

QoQ 0% YoY +1% 3.55 3.47 3.61 3.60 3.15 8.4% 8.2% 7.5% 7.6% 7.6% 4Q11 1Q12 2Q12 3Q12 4Q12

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單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

總營業費用 Operating Expense

QoQ +3% YoY +8%

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6.60
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6.41
6.12
6.13
5.67
15.6%
14.7%
14.5% 13.8%
13.7%
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4Q11

1Q12

2Q12 3Q12 4Q12

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單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

營業淨利 Operating Profit

QoQ -20% YoY +56%

4.65 5.46 4.36 2.80 2.88 10.5%[11.7%] 10.3% 7.5% 6.6% 4Q11 1Q12 2Q12 3Q12 4Q12

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主要部門營業淨利 Operating Profit by Sector

單位：新台幣百萬元 Unit: NT$ million

4Q11 3Q12 4Q12 電源及零組件 (Power Electronics) 3,233 3,926 4,192 能源管理 (Energy Management) 637 1,323 1,213 智能綠生活 (Smart Green Life) 341 538 371

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單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

2.38

業外損益 Non-Operating Profit

QoQ +9% YoY -19%

1.25 0.93 1.01 6.2% 0.83 3.0% 2.4% 1.9% 2.0%

4Q11 1Q12 2Q12 3Q12 4Q12

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業外損益細項 Non-Operating Income Breakdown

單位：新台幣百萬元 Unit: NT$ million

	3Q12	4Q12
處分投資(Investment disposal)	(29)	(84)
投資損益(Investment income)	347	130
利息收益(Interest income)	152	102
其他業外損益(Others)	463	857
合計(Total)	933	1,005

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稅前淨利 Net Income Before Tax

單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

QoQ Unit: NT$ billion & % of sales -16% YoY +61% 5.48 6.40 5.37 5.25 3.33 13.7% 12.7% 13.7% 12.4% 7.9% 4Q11 1Q12 2Q12 3Q12 4Q12

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所得稅與少數股權 Tax & Minority Interest

單位：新台幣百萬元 Unit: NT$ million

3Q12 4Q12

稅前淨利[(Net income before tax)]

所得稅[(Tax)]

停業部門損失[(Loss from discontinued] business)

少數股權淨利[(][Minorit][y][ interest][)]

稅後淨利[(Net income after tax)]

6,397 5,373 (994) (804) (419) (661) (277) (159)

4,707 3,750

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單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

3.66

4.00

稅後淨利 Net Income After Tax

QoQ -20% YoY +52%

4.71 3.75

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2.46

9.0% 9.5% 5.8%

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10.1%
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8.9%

3Q12

4Q11

1Q12

2Q12

4Q12

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每股淨利(新台幣元) EPS (unit: NT$)

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1.95
1.66
1.56
1.52
1.02
4Q11 1Q12 2Q12 3Q12 4Q12
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• 每股盈餘之設算基於加權平均股數 24.11* 億股

• *EPS based on weighted average shares outstanding of 2,411 million shares.

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2012年結算數字 2012 Full-year Results

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合併營收 Revenues

單位：新台幣十億元 Unit: NT$ billion

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+6%
171.8
162.5
2011 2012
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2011
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電源及零組件
(Power
Electronics)
66%
其他
(Others)
2%
智能綠生活
能源管理
(Smart
(Energy
Green Life)
Mgmt)
17%
15%
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業務分類 Revenues by Business

2012

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電源及零組件
(Power
Electronics)
62%
其他
(Others)
3%
智能綠生活
能源管理
(Smart Green
(Energy
Life)
Mgmt)
18%
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17%

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業務分類 Revenues by Business

單位：新台幣百萬元 Unit: NT$ million

	2011	2012	Change
電源及零組件 (Power Electronics)	107,145	106,665	0%
能源管理 (EnergyManagement)	23,873	29,665	24%
智能綠生活 (Smart Green Life)	28,005	30,084	7%
其他(Others)	3,451	5,346	55%
總計(Total)	162,474	171,760	6%

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營業毛利 Gross Profit

單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

+22% 42.2 34.6 24.5% 21.3%

2012

2011

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研發費用 R&D Expense

單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

+16% 10.98 9.47 6.4% 5.8%

2011

2012

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銷管費用 SG&A Expense

單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

+15% 11.98

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13.82
11.98
8.0%
7.4%
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2011

2012

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總營業費用 Operating Expense

單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

21.45

+15%

24.81

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14.4%
13.2%
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2011

2012

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營業淨利 Operating Profit

單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

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+32%
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17.35

13.16

10.1%

8.1%

2012

2011

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主要部門營業淨利 Operating Profit by Sector

單位：新台幣百萬元 Unit: NT$ million

2011 2012 電源及零組件 (Power Electronics) 12,155 14,333 能源管理 Ener Mana ement ( gy g ) 3,148 4,176 智能綠生活 (Smart Green Life) 986 1,687

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業外損益 Non-Operating Profit

單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

4.26

2.6%

+21%

5.15

3.0%

2012

2011

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業外損益細項 Non-Operating Income Breakdown

單位：新台幣百萬元 Unit: NT$ million

2011 2012 270 處分投資(Investment disposal) 1,565 498 732 投資損益(Investment income) 525 538 利息收益(Interest income) 其他業外損益(Others) 2,967 2,319 合計(Total) 4,260 5,154

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稅前淨利 Net Income Before Tax

單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

22.51

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+29%
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17.42

13.1%

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10.7%
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2011

2012

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所得稅與少數股權 Tax & Minority Interest

單位：新台幣百萬元 Unit: NT$ million

2011 2012

稅前淨利[(Net income before tax)] 所得稅[(Tax)] 非常利益(Extraordinary) 停業部門損失[(Loss from discontinued] business) 少數股權淨利[(][Minorit][y][ interest][)] 稅後淨利[(Net income after tax)]

17,421 22,506 (3,121) (3,349) - 206 (2,541) (1,940) 74 1 1 (9 ) ( , 08) 10,991 16,110

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稅後淨利 Net Income After Tax

單位：新台幣十億元及營收百分比 Unit: NT$ billion & % of sales

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+47%
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16.11
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10.99

9.4%

6.8%

2011 2012

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每股淨利(新台幣元) EPS (unit: NT$)

6.68

4.56

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2011 2012

• 每股盈餘之設算基於加權平均股數 24.11* 億股

*EPS based on weighted average shares outstanding of 2,411 million shares.

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盈餘分配 Earnings distribution

董事會建議盈餘分配 Proposed Earnings Distribution

現金股利每股5.3元 Cash dividend per share: NT$5.3

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