2.1. Consolidated Report

Unit: NT$ thousands

Item

2013

2014

Change

% of Change

Net Sales

136,055,954

213,062,916

77,006,962

56.60

Operating Costs

76,250,370

109,194,295

32,943,925

43.20

Gross Profit

59,805,584

103,868,621

44,063,037

73.68

Operating Expenses

34,561,864

56,627,311

22,065,447

63.84

Operating Income

25,243,720

47,241,310

21,997,590

87.14

Non-Operating Income and Expenses

4,303,102

5,108,645

805,543

18.72

Net Income before Income Tax

29,546,822

52,349,955

22,803,133

77.18

Income Tax Expense

2,062,172

5,950,882

3,888,710

188.57

Net Income

27,484,650

46,399,073

18,914,423

68.82

Other Comprehensive Income, net of tax

4,253,825

7,268,758

3,014,933

70.88

Total Comprehensive Income

31,738,475

53,667,831

21,929,356

69.09

Net Income Attributable to Owners of the Parent

27,515,052

46,397,892

18,882,840

68.63

Total Comprehensive Income Attributable to Owners of the Parent

31,760,633

53,627,479

21,866,846

68.85

Explanation for changes that exceed 20% and reached NT$10 million in the past two years:

  1. Increase in net sales: Mainly due to increase in market demand.
  2. Increase in operating costs: Mainly due to increase in operating costs associated with higher sales.
  3. Increase in gross profit and operating income: Mainly due to increasing shipment from higher ASP products.
  4. Increase in operating expenses: Mainly due to increase in R&D expenses.
  5. Increase in net income before income tax, net income and net income attributable to owners of the parent: Mainly due to revenue growth.
  6. Increase in income tax expenses: Mainly due to increase in net income.
  7. Increase in other comprehensive income: Mainly due to foreign exchange rate movement.
  8. Increase in total comprehensive income and total comprehensive income attributable to owners of the parent: Mainly due to increase net income and other comprehensive income.

2.2. Parent Company

Unit: NT$ thousands

Item

2013

2014

Change

% of Change

Net Sales

96,230,064

136,265,018

40,034,954

41.60

Operating Costs

54,894,385

67,990,658

13,096,273

23.86

Gross Profit

41,335,679

68,274,360

26,938,681

65.17

Unrealized (Realized) Gross Profit on Sales

(59,028)

59,028

118,056

N/A

Net Gross Profit

41,276,651

68,333,388

27,056,737

65.55

Operating Expenses

22,464,159

34,466,211

12,002,052

53.43

Operating Income

18,812,492

33,867,177

15,054,685

80.02

Non-Operating Income and Expenses

10,395,013

16,233,126

5,838,113

56.16

Net Income before Income Tax

29,207,505

50,100,303

20,892,798

71.53

Income Tax Expense

1,692,453

3,702,411

2,009,958

118.76

Net Income

27,515,052

46,397,892

18,882,840

68.63

Other Comprehensive Income, net of tax

4,245,581

7,229,587

2,984,006

70.28

Total Comprehensive Income

31,760,633

53,627,479

21,866,846

68.85

Explanation for changes that exceed 20% and reached NT$10 million in the past two years:

  1. Increase in net sales: Mainly due to increase in market demand.
  2. Increase in operating costs: Mainly due to increase in operating costs associated with higher sales.
  3. Increase in realized gross profit on sales: Mainly because the intercompany sales last year was sold to a third party this year.
  4. Increase in gross profit and operating income: Mainly due to increasing shipment from higher ASP products.
  5. Increase in operating expenses: Mainly due to increase in R&D expenses
  6. Increase in non-operating income and expenses: Mainly due to increase in net income from investments using equity method.
  7. Increase in net income before income tax and net income: Mainly due to revenue growth.
  8. Increase in income tax expense: Mainly due to revenue growth.
  9. Increase in other comprehensive income: Mainly due to foreign exchange rate movement.
  10. Increase in total comprehensive income: Mainly contributed by revenue growth and increase in other comprehensive income.