LTC — Interim / Quarterly Report 2014

Mar 25, 2015

4Q14 Earnings Conference 2006 IR Strategy

2015/03/25

Safe Harbor Notice

● Lite-On Technology’s statement of its current expectations are forward-looking statements which are subject to significant risks and uncertainties. Actual results may differ materially from those contained in any forward-looking statements.

• The numbers of the presentation are prepared under IFRS.

4Q14 Results

In NT Millions	4Q14	QoQ YoY 4Q13 3Q14
	Amount %	Amount % % Amount % %
Net Sales	60,048 100.0	60,608 100.0 -1 59,359 100.0 1
COGS	53,526 89.1	53,171 87.7 1 51,488 86.7 4
Gross Profit	6,522 10.9	7,437 12.3 -12 7,871 13.3 -17
Operating Expense	5,055 8.4	5,541 9.1 -9 5,254 8.9 -4
Operating Profit	1,467 2.4	1,897 3.1 -23 2,617 4.4 -44
Other Income/Expense	565 0.9	-577 -1.0 - 673 1.1 -16
Profit Before Tax	2,033 3.4	1,319 2.2 54 3,290 5.5 -38
Income Tax Expenses	548 0.9	571 0.9 -4 833 1.4 -34
Non-Controlling Interest	32 0.1	-802 -1.3 - -62 -0.1 -
Profit Attributable to Parent	1,453 2.4	1,550 2.6 -6 2,519 4.2 -42
After Tax EPS 0.63 0.67 1.09 Shares:(mm shares) 2,312 2,311 2,298	0.63

2014 Results

4 Results
In NT Millions	2014	YoY 2013
	Amount %	Amount % %
Net Sales	230,632 100.0	213,214 100.0 8
COGS	202,383 87.8	182,714 85.7 11
Gross Profit	28,249 12.2	30,501 14.3 -7
Operating Expense	21,120 9.2	20,458 9.6 3
Operating Profit	7,129 3.1	10,042 4.7 -29
Other Income/Expense	622 0.3	1,477 0.7 -58
Profit Before Tax	7,751 3.4	11,520 5.4 -33
Income Tax Expenses	2,071 0.9	2,629 1.2 -21
Non-Controlling Interest	-782 -0.3	136 0.1 -
Profit Attributable to Parent	6,462 2.8	8,755 4.1 -26
After Tax EPS 2.80 3.81 Shares:(mm shares) 2,312 2,298	2.80

Other Incomes/Other Expenses

In NT$Millions	4Q14	2014
Net Interest FX Others	146 164 255	683 308 -369
Total OIOE	565	622

Revenue Contribution by Segment

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LED Components & Lighting Products, Camera Modules and Automotive Opto-electronics Electronics Products used in Server, Networking Devices, NB, Tablets, DT and Information Technologies Multifunction Peripheral Storage Optical Disk Drives and Solid State Drives. Mobile Mechanics & Others Mechanical Products for Mobile Devices and Others

Revenue by Segment

In NT Millions

In NT Millions
Revenue By Segment	4Q14	4Q13 YoY
Opto-electronics	15,492	14,251 9%
Information Technologies	27,933	26,641 5%
Storage	9,291	10,637 -13%
Mobile Mechanics & Others	7,332	7,830 -6%

Operating Profit by Segment

In NT Millions	In NT Millions	In NT Millions
OP by Segment	4Q14	4Q13 YoY
Opto-electronics	(422)	1,060 -
Information Technologies	2,009	1,858 8%
Storage	660	746 -12%
Mobile Mechanics & Others	(436)	(907) -

Annual Revenue Contribution by Segment

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LED Components & Lighting Products, Camera Modules and Automotive Opto-electronics Electronics Products used in Server, Networking Devices, NB, Tablets, DT and Information Technologies Multifunction Peripheral Storage Optical Disk Drives and Solid State Drives. Mobile Mechanics & Others Mechanical Products for Mobile Devices and Others

Annual Revenue by Segment

In NT Millions	In NT Millions	In NT Millions
Revenue By Segment	2014	2013 YoY
Opto-electronics	60,959	47,348 29%
Information Technologies	103,533	90,673 14%
Storage	38,760	39,303 -1%
Mobile Mechanics & Others	27,380	35,890 -24%

Annual Operating Profit by Segment

In NT Millions	In NT Millions	In NT Millions
OP by Segment	2014	2013 YoY
Opto-electronics	1,613	3,678 -56%
Information Technologies	7,173	5,823 23%
Storage	2,631	2,293 15%
Mobile Mechanics & Others	(3,138)	(1,073) -393%

Balance Sheet

	4Q14	3Q14 4Q13
	Amount %	Amount % Amount %
Cash & Equivalent	66,483 31%	60,481 29% 66,056 31%
Accounts Receivable	51,134 24%	49,471 23% 49,500 23%
Inventories	29,514 14%	32,005 15% 27,204 13%
Current Assets	153,721 71%	150,041 71% 150,431 71%
Total Assets	216,536 100%	211,352 100% 212,361 100%
Short Term Debt	31,270 14%	32,571 15% 24,444 12%
Accounts Payable	61,921 29%	59,221 28% 60,308 28%
Current Liabilities	120,289 56%	118,536 56% 111,357 52%
Long Term Debt	13,564 6%	13,609 6% 18,508 9%
Total Liabilities	137,374 63%	135,472 64% 133,124 63%
Equities 79,162 37% 75,880 36% 79,237 37% Key Indices Current Ratio (x) 1.28 1.27 1.35 Quick Ratio (x) 1.03 1.01 1.11 Net Cash (NT Millions) 21,649 14,300 23,103	79,162 37%

Thank You!