INVENTEC — Interim / Quarterly Report 2019

May 15, 2019

Inventec Corporation and Subsidiaries 2019 First Quarter Investor Conference

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Consolidated Statements of Comprehensive Income

	NT$ Million	2019 Q1	2018 Q4	QoQ %	2018 Q1	YoY %
	Sales Revenue	114,865 100.0%	134,102 100.0%	-14%	104,809 100.0%	10%
	Gross Profit	5,404 4.7%	5,509 4.1%	-2%	5,319 5.1%	2%
	Operating Expense	4,135 3.6%	4,253 3.2%	-3%	3,894 3.7%	6%
	Operating Profit	1,269 1.1%	1,256 0.9%	1%	1,425 1.4%	-11%
	Non Operating Income and Expenses	626 0.5%	168 0.1% 273%		297 0.2% 111%
	Profit Before Income Tax	1,895 1.6%	1,424 1.0% 33%		1,722 1.6% 10%
	Profit for the Period	1,308 1.1%	1,058 0.8% 24%		1,000 1.0% 31%
	Total Comprehensive Income	2,218 1.9%	1,203 0.9% 84%		997 1.0% 122%
	Profit Attributable to
	Owners of the Parent	1,697 1.4%	1,420 1.1%		1,271 1.2%
	Non-ControllingInterest	(389) -03%	(362) -03%		(271) -02%
		.	.		.
	Total Comprehensive Income Attributable to
	Owners of the Parent	2,598 2.2%	1,564 1.2%		1,266 1.2%
	Non-Controlling Interest	(380) -0.3%	(361) -0.3%		(269) -0.2%
	EPS (NT$)	0.47	0.39		0.35

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Consolidated Sales Revenue

(Consolidated Sales Revenue) Unit: NT$ one hundred million

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1,600
1,411
1,341
1,400 1% 1,269
1%
1 149, 18% 2%
1,200 18% 1,048
1% 15%
14%
2%
1,000
16%
800
600
81%
81% 83%
85%
82%
400
200
0
19Q1 18Q4 18Q3 18Q2 18Q1
Solar Related Smart Device PC, Server Sales Revenue
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Non-Operating Income and Expense

	NT$ Million	2019 Q1		2018 Q4		2018 Q1
	Other Income	258		199		364
	(Interest income)
	Other Gain (Loss)	602		278		322
	Foreign Exchange Gain (Loss) (Realized and Unrealized)	218		92		88
	Finance Cost (Interest expenses)	(450)		(405)		(467)
	Share of the Profit or Loss of Associates and JV Accounted for Using the Equity Method	(2)		4		(10)
	Total Non-Operating Income and Expense	626		168		297

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Consolidated Balance Sheets

	NT$ Million	2019/3/31	2018/12/31	2018/3/31
	Cash	26,355	25,063	29,746
	Current financial assets at fair value through profit or loss	3,523	2,467	10,343
	A t R i bl ccoun s ece va e	80 477 ,	92 235 ,	62 317 ,
	Inventories	45,053	42,939	43,814
	Other Current Assets	4,101	5,201	9,153
	Non-Current Assets	38,614	37,899	39,923
	Total Assets	198,123	205,804	195,296
	Short-term borrowings	27,390	31,301	28,018
	Accounts payable	70680	76454	67177
		,	,	,
	Other Current Liabilities	31,386	32,937	32,835
	Non-Current Liabilities	8,682	7,390	7,032
	Total Liabilities	138,138	148,082	135,062
	Total Equity	59,985	57,722	60,234

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http://www.inventec.com

iec@inventec.com

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