HON HAI PRECISION INDUSTRY CO., LTD. AND SUBSIDIARIES CONSOLIDATED SHEETS
? 2017 4th IFRS Consolidated Financial Statements Document Preview
Unit: NT$ thousand
Accounting Title |
2017/12/31 |
2016/12/31 |
Balance Sheet |
||
? Assets |
|
|
?? Current assets |
|
|
??? Cash and cash equivalents |
|
|
???? Total cash and cash equivalents |
642,496,059 |
633,155,301 |
??? Current financial assets at fair value through profit or loss |
|
|
???? Total current financial assets at fair value through profit or loss |
7,009,541 |
13,652,363 |
??? Current available-for-sale financial assets |
|
|
???? Current available-for-sale financial assets, net |
290 |
462,334 |
??? Accounts receivable, net |
|
|
???? Accounts receivable, net |
1,150,428,069 |
699,077,030 |
??? Accounts receivable due from related parties, net |
|
|
???? Accounts receivable due from related parties, net |
80,066,388 |
31,980,845 |
??? Other receivables |
|
|
???? Other receivables, net |
67,700,725 |
43,349,232 |
??? Other receivables due from related parties |
|
|
???? Other receivables due from related parties, net |
82,627,493 |
2,400,508 |
??? Inventories |
|
|
???? Total inventories |
560,954,855 |
387,274,061 |
??? Prepayments |
|
|
???? Total prepayments |
20,328,111 |
13,085,503 |
??? Other current assets |
|
|
???? Total other current assets |
134,524,586 |
106,764,202 |
??? Total current assets |
2,746,136,117 |
1,931,201,379 |
?? Non-current assets |
|
|
??? Non-current financial assets at fair value through profit or loss |
|
|
???? Total non-current financial assets at fair value through profit or loss |
3,040,601 |
5,998,337 |
??? Non-current available-for-sale financial assets |
|
|
???? Non-current available-for-sale financial assets, net |
70,868,132 |
112,495,564 |
??? Non-current financial assets at cost |
|
|
???? Non-current financial assets at cost, net |
49,861,639 |
32,467,460 |
??? Non-current bond investment without active market |
|
|
???? Total Non-current investments in debt instrument without active market |
4,571,100 |
0 |
??? Investments accounted for using equity method |
|
|
???? Investments accounted for using equity method, net |
151,000,283 |
142,527,340 |
??? Property, plant and equipment |
|
|
???? Total property, plant and equipment |
278,204,005 |
309,202,470 |
??? Investment property, net |
|
|
???? Investment property, net |
2,422,523 |
2,525,291 |
??? Intangible assets |
|
|
???? Total intangible assets |
9,552,444 |
10,532,956 |
??? Deferred tax assets |
15,048,377 |
14,590,713 |
??? Other non-current assets |
|
|
???? Total other non-current assets |
76,511,392 |
30,501,430 |
??? Total non-current assets |
661,080,496 |
660,841,561 |
?? Total assets |
3,407,216,613 |
2,592,042,940 |
? Liabilities and equity |
|
|
?? Liabilities |
|
|
??? Current liabilities |
|
|
???? Short-term borrowings |
|
|
????? Total short-term borrowings |
418,835,146 |
171,472,143 |
???? Short-term notes and bills payable |
|
|
????? Total short-term notes and bills payable |
10,960,269 |
15,990,844 |
???? Current financial liabilities at fair value through profit or loss |
|
|
????? Total current financial liabilities at fair value through profit or loss |
6,486,348 |
11,555,900 |
???? Accounts payable |
|
|
????? Total accounts payable |
1,119,169,644 |
679,055,257 |
???? Accounts payable to related parties |
|
|
????? Total accounts payable to related parties |
97,315,119 |
30,607,929 |
???? Other payables |
|
|
????? Total other payables |
255,696,126 |
218,417,857 |
???? Current tax liabilities |
38,439,140 |
30,653,702 |
???? Current provisions |
|
|
????? Total current provisions |
4,796,498 |
2,983,036 |
???? Other current liabilities |
|
|
????? Total other current liabilities |
73,803,977 |
91,908,563 |
???? Total current liabilities |
2,025,502,267 |
1,252,645,231 |
??? Non-current liabilities |
|
|
???? Bonds payable |
|
|
????? Total bonds payable |
168,495,189 |
153,302,845 |
???? Long-term borrowings |
|
|
????? Total long-term borrowings |
19,984,818 |
24,929,793 |
???? Deferred tax liabilities |
|
|
????? Total deferred tax liabilities |
12,541,548 |
18,607,586 |
???? Other non-current liabilities |
|
|
????? Total other non-current liabilities |
8,900,336 |
8,768,887 |
???? Total non-current liabilities |
209,921,891 |
205,609,111 |
??? Total liabilities |
2,235,424,158 |
1,458,254,342 |
?? Equity |
|
|
??? Equity attributable to owners of parent |
|
|
???? Share capital |
|
|
????? Ordinary share |
173,287,383 |
173,287,383 |
????? Total capital stock |
173,287,383 |
173,287,383 |
???? Capital surplus |
|
|
????? Capital surplus, additional paid-in capital |
|
|
?????? Total capital surplus, additional paid-in capital |
88,501,031 |
88,501,031 |
????? Capital surplus, difference between consideration and carrying amount of subsidiaries acquired or disposed |
3,300,393 |
1,168,232 |
????? Capital surplus, changes in equity of associates and joint ventures accounted for using equity method |
4,972,207 |
3,377,348 |
????? Capital surplus, share options |
1,099,253 |
0 |
????? Total capital surplus |
97,872,884 |
93,046,611 |
???? Retained earnings |
|
|
????? Legal reserve |
122,732,924 |
107,866,626 |
????? Unappropriated retained earnings (accumulated deficit) |
|
|
?????? Total unappropriated retained earnings (accumulated deficit) |
717,885,835 |
672,059,408 |
????? Total retained earnings |
840,618,759 |
779,926,034 |
???? Other equity interest |
|
|
????? Exchange differences on translation of foreign financial statements |
|
|
?????? Total exchange differences on translation of foreign financial statements |
-56,320,437 |
-7,741,467 |
????? Unrealized gains (losses) on available-for-sale financial assets |
|
|
?????? Total unrealized gains (losses) on available-for-sale financial assets |
28,781,127 |
40,249,734 |
????? Total other equity interest |
-27,539,310 |
32,508,267 |
???? Treasury shares |
18,901 |
18,901 |
???? Total equity attributable to owners of parent |
1,084,220,815 |
1,078,749,394 |
??? Non-controlling interests |
87,571,640 |
55,039,204 |
??? Total equity |
1,171,792,455 |
1,133,788,598 |
?? Total liabilities and equity |
3,407,216,613 |
2,592,042,940 |
?? Number of share capital awaiting retirement |
0 |
0 |
?? Equivalent issue shares of advance receipts for ordinary share |
0 |
0 |
?? Number of shares in entity held by entity and by its subsidiaries |
1,853,848 |
1,853,848 |
Accounting Title |
2017/4th |
2016/4th |
Statement of comprehensive income |
||
? Operating revenue |
|
|
?? Total operating revenue |
4,706,736,096 |
4,358,733,357 |
? Operating costs |
|
|
?? Total operating costs |
4,403,729,149 |
4,037,148,377 |
? Gross profit (loss) from operations |
303,006,947 |
321,584,980 |
? Gross profit (loss) from operations |
303,006,947 |
321,584,980 |
? Operating expenses |
|
|
?? Selling expenses |
|
|
??? Total selling expenses |
29,501,197 |
22,514,532 |
?? Administrative expenses |
|
|
??? Total administrative expenses |
79,154,165 |
72,990,688 |
?? Research and development expenses |
|
|
??? Total research and development expenses |
81,781,154 |
51,140,259 |
?? Total operating expenses |
190,436,516 |
146,645,479 |
? Net operating income (loss) |
112,570,431 |
174,939,501 |
? Non-operating income and expenses |
|
|
?? Other income |
|
|
??? Total other income |
52,830,252 |
50,122,333 |
?? Other gains and losses |
|
|
??? Other gains and losses, net |
45,649,591 |
-1,368,997 |
?? Finance costs |
|
|
??? Finance costs, net |
38,994,404 |
26,570,546 |
?? Share of profit (loss) of associates and joint ventures accounted for using equity method |
|
|
??? Share of profit (loss) of associates and joint ventures accounted for using equity method, net |
10,816,753 |
827,454 |
?? Total non-operating income and expenses |
70,302,192 |
23,010,244 |
? Profit (loss) from continuing operations before tax |
182,872,623 |
197,949,745 |
? Tax expense (income) |
|
|
?? Total tax expense (income) |
47,498,095 |
46,592,581 |
? Profit (loss) from continuing operations |
135,374,528 |
151,357,164 |
? Profit (loss) |
135,374,528 |
151,357,164 |
? Other comprehensive income |
|
|
?? Components of other comprehensive income that will not be reclassified to profit or loss |
|
|
??? Gains (losses) on remeasurements of defined benefit plans |
-54,572 |
57,705 |
??? Income tax related to components of other comprehensive income that will not be reclassified to profit or loss |
-9,277 |
9,810 |
??? Components of other comprehensive income that will not be reclassified to profit or loss |
-45,295 |
47,895 |
?? Components of other comprehensive income that will be reclassified to profit or loss |
|
|
??? Exchange differences on translation |
-47,527,350 |
-64,150,871 |
??? Unrealised gains (losses) on valuation of available-for-sale financial assets |
-19,885,300 |
35,086,135 |
??? Share of other comprehensive income of associates and joint ventures accounted for using equity method, components of other comprehensive income that will be reclassified to profit or loss |
|
|
???? Share of other comprehensive income of associates and joint ventures accounted for using equity method, components of other comprehensive income that will be reclassified to profit or loss |
4,873,253 |
3,994,754 |
??? Income tax related to components of other comprehensive income that will be reclassified to profit or loss |
-6,192,134 |
6,192,134 |
??? Components of other comprehensive income that will be reclassified to profit or loss |
-56,347,263 |
-31,262,116 |
?? Other comprehensive income, net |
-56,392,558 |
-31,214,221 |
? Total comprehensive income |
78,981,970 |
120,142,943 |
? Profit (loss), attributable to: |
|
|
?? Profit (loss), attributable to owners of parent |
138,734,401 |
148,662,983 |
?? Profit (loss), attributable to non-controlling interests |
-3,359,873 |
2,694,181 |
? Comprehensive income attributable to: |
|
|
?? Comprehensive income, attributable to owners of parent |
78,641,529 |
121,097,464 |
?? Comprehensive income, attributable to non-controlling interests |
340,441 |
-954,521 |
? Basic earnings per share |
|
|
?? Basic earnings (loss) per share from continuing operations |
8.01 |
8.60 |
?? Total basic earnings per share |
8.01 |
8.60 |
? Diluted earnings per share |
|
|
?? Diluted earnings (loss) per share from continuing operations |
7.91 |
8.52 |
?? Total diluted earnings per share |
7.91 |
8.52 |
Accounting Title |
2017/4th |
2016/4th |
Statement of cash flows |
||
? Cash flows from (used in) operating activities, indirect method |
|
|
?? Profit (loss) from continuing operations before tax |
182,872,623 |
197,949,745 |
?? Profit (loss) before tax |
182,872,623 |
197,949,745 |
?? Adjustments |
|
|
??? Adjustments to reconcile profit (loss) |
|
|
???? Depreciation expense |
59,736,585 |
62,407,931 |
???? Amortization expense |
1,263,825 |
878,847 |
???? Provision (reversal of provision) for bad debt expense |
2,056,114 |
1,009,719 |
???? Net loss (gain) on financial assets or liabilities at fair value through profit or loss |
21,402,244 |
8,316,405 |
???? Interest expense |
38,742,136 |
26,549,974 |
???? Interest income |
-46,305,757 |
-36,236,935 |
???? Dividend income |
-1,202,077 |
-1,392,767 |
???? Share of loss (profit) of associates and joint ventures accounted for using equity method |
-10,816,753 |
-827,454 |
???? Loss (gain) on disposal of property, plan and equipment |
22,420 |
-396,486 |
???? Loss (gain) on disposal of investments |
-66,182,488 |
475,050 |
???? Impairment loss on financial assets |
6,542,022 |
667,558 |
???? Reversal of impairment loss on non-financial assets |
0 |
-346,236 |
???? Total adjustments to reconcile profit (loss) |
5,258,271 |
61,105,606 |
??? Changes in operating assets and liabilities |
|
|
???? Changes in operating assets |
|
|
????? Decrease (increase) in financial assets held for trading |
-6,191,988 |
-2,784,565 |
????? Decrease (increase) in notes receivable |
33,912 |
533,287 |
????? Decrease (increase) in accounts receivable |
-449,242,401 |
-133,021,000 |
????? Decrease (increase) in accounts receivable due from related parties |
-51,527,913 |
-5,777,569 |
????? Decrease (increase) in other receivable |
-30,688,932 |
5,962,954 |
????? Decrease (increase) in inventories |
-173,680,794 |
39,839,835 |
????? Decrease (increase) in prepaid expenses |
-7,242,608 |
1,358,792 |
????? Total changes in operating assets |
-718,540,724 |
-93,888,266 |
???? Changes in operating liabilities |
|
|
????? Increase (decrease) in accounts payable |
440,114,387 |
60,405,312 |
????? Increase (decrease) in accounts payable to related parties |
66,707,190 |
-254,606 |
????? Increase (decrease) in other payable |
24,668,730 |
20,118,335 |
????? Increase (decrease) in provisions |
1,813,462 |
650,154 |
????? Increase (decrease) in other current liabilities |
-2,164,466 |
-30,069,029 |
????? Increase (decrease) in net defined benefit liability |
-26,561 |
-64,123 |
????? Total changes in operating liabilities |
531,112,742 |
50,786,043 |
???? Total changes in operating assets and liabilities |
-187,427,982 |
-43,102,223 |
??? Total adjustments |
-182,169,711 |
18,003,383 |
?? Cash inflow (outflow) generated from operations |
702,912 |
215,953,128 |
?? Income taxes refund (paid) |
-40,044,225 |
-41,932,394 |
? Net cash flows from (used in) operating activities |
-39,341,313 |
174,020,734 |
? Cash flows from (used in) investing activities |
|
|
?? Acquisition of financial assets at fair value through profit or loss, designated as upon initial recognition |
-10,679,250 |
-7,996,500 |
?? Acquisition of available-for-sale financial assets |
-154,752 |
-40,479,644 |
?? Proceeds from disposal of available-for-sale financial assets |
4,232,224 |
1,949,812 |
?? Acquisition of investments in debt instrument without active market |
-4,571,100 |
0 |
?? Acquisition of financial assets at cost |
-26,843,966 |
-15,093,750 |
?? Proceeds from disposal of financial assets at cost |
1,354,203 |
7,656 |
?? Acquisition of investments accounted for using equity method |
-731,379 |
-63,030,417 |
?? Proceeds from disposal of investments accounted for using equity method |
0 |
276,400 |
?? Net cash flow from acquisition of subsidiaries |
0 |
-5,482,763 |
?? Proceeds from capital reduction of investments accounted for using equity method |
964,799 |
0 |
?? Acquisition of property, plant and equipment |
-60,384,846 |
-53,204,353 |
?? Proceeds from disposal of property, plant and equipment |
9,994,734 |
2,319,840 |
?? Increase in other receivables due from related parties |
0 |
-4,838 |
?? Decrease in other receivables due from related parties |
330,498 |
0 |
?? Increase in other financial assets |
-27,776,193 |
-56,221,575 |
?? Increase in other non-current assets |
757,069 |
408,428 |
?? Increase in other prepayments |
-545,816 |
-7,530,037 |
?? Interest received |
43,690,301 |
27,521,419 |
?? Dividends received |
5,464,796 |
5,032,100 |
?? Other investing activities |
-92,074 |
-605,700 |
?? Net cash flows from (used in) investing activities |
-64,990,752 |
-212,133,922 |
? Cash flows from (used in) financing activities |
|
|
?? Increase in short-term loans |
247,363,003 |
101,238,934 |
?? Increase in short-term notes and bills payable |
0 |
9,000,000 |
?? Decrease in short-term notes and bills payable |
-5,030,000 |
0 |
?? Proceeds from issuing bonds |
54,202,207 |
52,360,000 |
?? Repayments of bonds |
-58,589,080 |
-24,918,350 |
?? Proceeds from long-term debt |
12,896,069 |
1,086,000 |
?? Repayments of long-term debt |
-9,159,975 |
-6,985,906 |
?? Increase in other non-current liabilities |
367,786 |
464,812 |
?? Cash dividends paid |
-77,979,322 |
-62,553,153 |
?? Interest paid |
-34,839,842 |
-18,673,292 |
?? Change in non-controlling interests |
17,009,053 |
926,444 |
?? Net cash flows from (used in) financing activities |
146,239,899 |
51,945,489 |
? Effect of exchange rate changes on cash and cash equivalents |
-32,567,076 |
-37,814,721 |
? Net increase (decrease) in cash and cash equivalents |
9,340,758 |
-23,982,420 |
? Cash and cash equivalents at beginning of period |
633,155,301 |
657,137,721 |
? Cash and cash equivalents at end of period |
642,496,059 |
633,155,301 |
?? Cash and cash equivalents reported in the statement of financial position |
642,496,059 |
633,155,301 |
2017/12/31 ? Statement of Stockholders' Equity
Unit: NT$ thousand
|
Ordinary share |
Total share capital |
Capital surplus |
Legal reserve |
Unappropriated retained earnings (accumulated deficit) |
Total retained earnings |
Exchange differences on translation of foreign financial statements |
Unrealized gains (losses) on available-for-sale financial assets |
Total other equity interest |
Treasury shares |
Total equity attributable to owners of parent |
Non-controlling interests |
Total equity |
Equity |
173,287,383 |
173,287,383 |
93,046,611 |
107,866,626 |
672,059,408 |
779,926,034 |
-7,741,467 |
40,249,734 |
32,508,267 |
-18,901 |
1,078,749,394 |
55,039,204 |
1,133,788,598 |
Legal reserve appropriated |
0 |
0 |
0 |
14,866,298 |
-14,866,298 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Cash dividends of ordinary share |
0 |
0 |
0 |
0 |
-77,979,322 |
-77,979,322 |
0 |
0 |
0 |
0 |
-77,979,322 |
0 |
-77,979,322 |
Due to recognition of equity component of convertible bonds (preference share) issued |
0 |
0 |
1,099,253 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1,099,253 |
0 |
1,099,253 |
Changes in equity of associates and joint ventures accounted for using equity method |
0 |
0 |
1,594,859 |
0 |
-17,059 |
-17,059 |
0 |
0 |
0 |
0 |
1,577,800 |
0 |
1,577,800 |
Profit (loss) |
0 |
0 |
0 |
0 |
138,734,401 |
138,734,401 |
0 |
0 |
0 |
0 |
138,734,401 |
-3,359,873 |
135,374,528 |
Other comprehensive income |
0 |
0 |
0 |
0 |
-45,295 |
-45,295 |
-48,578,970 |
-11,468,607 |
-60,047,577 |
0 |
-60,092,872 |
3,700,314 |
-56,392,558 |
Total comprehensive income |
0 |
0 |
0 |
0 |
138,689,106 |
138,689,106 |
-48,578,970 |
-11,468,607 |
-60,047,577 |
0 |
78,641,529 |
340,441 |
78,981,970 |
Changes in ownership interests in subsidiaries |
0 |
0 |
2,132,161 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
2,132,161 |
0 |
2,132,161 |
Changes in non-controlling interests |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
32,191,995 |
32,191,995 |
Total increase (decrease) in equity |
0 |
0 |
4,826,273 |
14,866,298 |
45,826,427 |
60,692,725 |
-48,578,970 |
-11,468,607 |
-60,047,577 |
0 |
5,471,421 |
32,532,436 |
38,003,857 |
Equity |
173,287,383 |
173,287,383 |
97,872,884 |
122,732,924 |
717,885,835 |
840,618,759 |
-56,320,437 |
28,781,127 |
-27,539,310 |
-18,901 |
1,084,220,815 |
87,571,640 |
1,171,792,455 |
2016/12/31 ? Statement of Stockholders' Equity
Unit: NT$ thousand
|
Ordinary share |
Total share capital |
Capital surplus |
Legal reserve |
Unappropriated retained earnings (accumulated deficit) |
Total retained earnings |
Exchange differences on translation of foreign financial statements |
Unrealized gains (losses) on available-for-sale financial assets |
Total other equity interest |
Treasury shares |
Total equity attributable to owners of parent |
Non-controlling interests |
Total equity |
Equity |
156,382,881 |
156,382,881 |
81,736,538 |
93,179,928 |
616,227,711 |
709,407,639 |
52,934,288 |
7,187,393 |
60,121,681 |
-18,901 |
1,007,629,838 |
52,761,241 |
1,060,391,079 |
Legal reserve appropriated |
0 |
0 |
0 |
14,686,698 |
-14,686,698 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Cash dividends of ordinary share |
0 |
0 |
0 |
0 |
-62,553,153 |
-62,553,153 |
0 |
0 |
0 |
0 |
-62,553,153 |
0 |
-62,553,153 |
Stock dividends of ordinary share |
15,638,288 |
15,638,288 |
0 |
0 |
-15,638,288 |
-15,638,288 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Changes in equity of associates and joint ventures accounted for using equity method |
0 |
0 |
809,860 |
0 |
-1,042 |
-1,042 |
0 |
0 |
0 |
0 |
808,818 |
0 |
808,818 |
Profit (loss) |
0 |
0 |
0 |
0 |
148,662,983 |
148,662,983 |
0 |
0 |
0 |
0 |
148,662,983 |
2,694,181 |
151,357,164 |
Other comprehensive income |
0 |
0 |
0 |
0 |
47,895 |
47,895 |
-60,675,755 |
33,062,341 |
-27,613,414 |
0 |
-27,565,519 |
-3,648,702 |
-31,214,221 |
Total comprehensive income |
0 |
0 |
0 |
0 |
148,710,878 |
148,710,878 |
-60,675,755 |
33,062,341 |
-27,613,414 |
0 |
121,097,464 |
-954,521 |
120,142,943 |
Changes in ownership interests in subsidiaries |
0 |
0 |
1,168,232 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1,168,232 |
0 |
1,168,232 |
Changes in non-controlling interests |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
3,232,484 |
3,232,484 |
Share-based payments |
1,266,214 |
1,266,214 |
9,331,981 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
10,598,195 |
0 |
10,598,195 |
Total increase (decrease) in equity |
16,904,502 |
16,904,502 |
11,310,073 |
14,686,698 |
55,831,697 |
70,518,395 |
-60,675,755 |
33,062,341 |
-27,613,414 |
0 |
71,119,556 |
2,277,963 |
73,397,519 |
Equity |
173,287,383 |
173,287,383 |
93,046,611 |
107,866,626 |
672,059,408 |
779,926,034 |
-7,741,467 |
40,249,734 |
32,508,267 |
-18,901 |
1,078,749,394 |
55,039,204 |
1,133,788,598 |