UMC(UMC)2025-03-20 10:03Financial Position - As of December 31, 2024, the total assets of United Microelectronics Corporation amounted to NT559,186,927 thousand in 2023, representing a growth of approximately 1.8%[30] - The company's total current assets decreased to NT216,797,392 thousand in 2023, a decrease of approximately 12.5%[30] - The total non-current assets increased to NT342,389,535 thousand in 2023, reflecting a growth of approximately 11.2%[30] - Total liabilities decreased to 199,608,355 in 2023, a decline of about 3.3%[33] - Total current liabilities decreased to 99,014,733 in 2023, a reduction of approximately 24%[33] - Total non-current liabilities increased to 100,593,622 in 2023, an increase of about 16%[33] - Total equity attributable to the parent company rose to 359,237,713 in 2023, an increase of approximately 5.2%[33] Revenue and Profitability - Operating revenues for 2024 reached 222,533,000 in 2023[35] - Gross profit decreased to 77,743,838 in 2023, reflecting a decline of approximately 2.7%[35] - Net income for 2024 was 61,439,817 in 2023[35] - Earnings per share (basic) fell to 4.93 in 2023, representing a decline of 23%[35] - The company reported a total comprehensive income of 67,857,743 in 2023, a decrease of about 18.3%[35] Cash Flow and Investments - Cash generated from operations increased to NT94,809,302 in 2023, reflecting a growth of 4.1%[41] - Net cash provided by operating activities rose to NT85,999,709 in 2023, indicating an increase of 9.8%[41] - Net cash used in investing activities decreased to NT97,786,542 in 2023, a reduction of 12.1%[41] - Cash dividends paid in 2024 were NT45,014,783 in 2023, representing a decrease of 16.3%[41] - The company reported a net decrease in cash and cash equivalents of NT41,265,162 in 2023, showing an improvement of 33.2%[41] Assets and Liabilities - The company's cash and cash equivalents decreased to NT132,553,615 thousand in 2023, reflecting a decline of about 20.8%[30] - Property, plant, and equipment increased significantly to NT239,123,248 thousand in 2023, marking an increase of about 16.7%[30] - The balance of unappropriated earnings as of December 31, 2024, is 88,543,595, slightly lower than NT15,616,039 in 2024, up from 11,519 for the year 2024[37] - Cash dividends from investments accounted for under the equity method decreased to NT1,870 million in 2023, reflecting a decline of approximately 42.6%[184] Compliance and Accounting Standards - The Company is currently evaluating the potential impact of new IFRS standards on its financial position and performance, with disclosures to follow upon completion of the evaluation[60] - The Company’s consolidated financial statements are prepared in accordance with IFRSs endorsed by the FSC, ensuring compliance with relevant regulations[61] - The company's consolidated financial statements are presented in New Taiwan Dollars (NTD), which is also the parent company's functional currency[78] Miscellaneous - The company executed a capital reduction and refunded NT960 million in 2023, indicating a decrease of approximately 20.8%[188] - The company has various lease agreements with terms ranging from 2 to 31 years, with land use rights extending to 50 years, indicating a long-term commitment to its operational infrastructure[199]