Indicate by check mark whether the registrant files or will
file annual reports under cover Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
jurisdiction in which the registrant is incorporated, domiciled or legally organized
(the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities
are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed
to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission
or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information
contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934.
If "Yes" is marked, indicate below the file number
assigned to the registrant in connection with Rule 12g3-2(b):
Signatures
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
AU Optronics Corp.
|
|
|
Date: April 28, 2016
|
By:
|
/s/ Andy Yang
|
|
|
Name:
|
Andy Yang
|
|
|
Title:
|
Chief Strategy Officer
|
Item 1
News Release
AU Optronics
Corp. Reports
First Quarter 2016 Financial Results
Issued
by:
AU Optronics Corp.
Issued on:
April 28, 2016
Hsinchu, Taiwan, April 28,
2016–
AU Optronics
Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today held its investor conference and announced its
unaudited consolidated financial results for the first quarter of 2016
(1)
.
Consolidated
revenues in the first quarter of 2016 were NT$71.14 billion, down 14.7% from the previous quarter. Gross profit was NT$0.39 billion,
with gross margin of 0.5%. Operating loss was NT$5.10 billion, with the operating margin of -7.2%. AUO’s net loss for the
first quarter of 2016 was NT$5.58 billion. Net loss attributable to owners of the Company was NT$5.48 billion, with a basic EPS
(2)
of -NT$0.57.
In the first
quarter of 2016, large-sized panel
(3)
shipments totaled 24.43 million units, a decrease of 11.5% quarter-over-quarter.
Shipments of small-and-medium-sized panels in the same quarter exceeded 37.75 million units, up by 13.0% quarter-over-quarter.
AUO’s
unaudited consolidated results for the first quarter of 2016 were highlighted as below:
|
Ÿ
|
Revenues
of NT$71.14 billion
|
|
Ÿ
|
Net
loss of NT$5.58 billion
|
|
Ÿ
|
Basic
EPS
(2)
of -NT$0.57
|
|
Ÿ
|
Operating
margin was -7.2%
|
|
Ÿ
|
EBITDA
(4)
margin was 6.8%
|
As the first
quarter was the traditional slow season and the customers continued to digest their inventories carried from the end of last year,
market prices for panels were still on the decline. As a result, AUO’s financial results in the first quarter were less
than ideal. Despite of such challenging market conditions, the management team has managed the Company’s inventory prudently,
and kept its net debt to equity ratio at a low level at 17.6%. Overall speaking, the Company has been able to maintain its financial
structure at a stable and healthy status.
Beginning
from March, the market demand has shown signs of recovery, benefiting from the inventory preparation for the coming sports events
and the Labor Day sales in China. Looking forward to the second quarter, the business momentum is expected to continue. AUO will
keep promoting high value-added products, including curved TV panels, bezel-less TV panels, and integrated touch panels for notebook
PCs, industrial PCs and cars. By continuing to pursue product strategies of “differentiation”, “quality optimization”
and “value enhancement”, it is hoped that AUO can stand out from its peers in the panel industry with ever-intensifying
competition.
|
(1)
|
All financial information
was unaudited and was prepared by the Company in accordance with Taiwan IFRS.
|
|
(2)
|
Basic EPS in the first quarter
of 2016 was calculated based on the weighted average outstanding shares of the reporting quarter (9,624 million shares).
|
|
(3)
|
Large size refers to panels
that are 10 inches and above in diagonal measurement.
|
|
(4)
|
EBITDA = Operating Profit
+ D&A, that is, operating profit before depreciation and amortization.
|
###
ABOUT
AU OPTRONICS
AU Optronics
Corp. (AUO) is one of the world’s leading providers of optoelectronic solutions. AUO offers a full range of panel sizes
and comprehensive applications ranging from 1.2 inches to 85 inches. Based on its profound R&D and manufacturing experience,
AUO continues to develop advanced display technologies of the next generation. AUO extended its market to the green energy industry
in 2008. By building a vertically integrated high-efficiency solar value chain, AUO provides its customers with high-efficiency
solar solutions. AUO currently has global operations in Taiwan, Mainland China, the U.S., Japan, South Korea, Singapore, the Netherlands,
Czech and Slovakia. Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully listed at the New York Stock Exchange
(NYSE). AUO has also been named to Dow Jones Sustainability World Index from 2010 to 2015. AUO generated consolidated revenues
of NT$360.35 billion in 2015. For more information, please visit AUO.com.
Safe
Harbour Notice
AU Optronics
Corp. (“AUO” or the “Company”) (TAIEX: 2409; NYSE: AUO), a global leader of TFT-LCD panels, today announced
the above news. Except for statements in respect of historical matters, the statements contained in this Release are “forward-looking
statements” within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities
Exchange Act of 1934. These forward-looking statements were based on our management's expectations, projections and beliefs at
the time regarding matters including, among other things, future revenues and costs, financial performance, technology changes,
capacity, utilization rates, yields, process and geographical diversification, future expansion plans and business strategy. Such
forward looking statements are subject to a number of known and unknown risks and uncertainties that can cause actual results
to differ materially from those expressed or implied by such statements, including risks related to the pace of development
of the flat panel display industry and the solar industry, the growth in demand in those markets, acceptance of and demand for
our products, technological and development risks, competitive factors, and other risks described in the section entitled "Risk
Factors" in our Form 20-F filed with the United States Securities and Exchange Commission on March 21, 2016.
For more
information, please contact:
Gwen
Ting
|
Jessie
Lee
|
Corporate Communications
Division
|
Corporate Communications
Division
|
AU Optronics Corp.
|
AU Optronics Corp.
|
Tel: +886-3-5008800
ext 7259
|
Tel: +886-3-5008800
ext 3206
|
Fax: +886-3-5772730
|
Fax: +886-3-5772730
|
Email:
gwen.ting@auo.com
|
Email :
jessie.jc.lee@auo.com
|
Item
2
U Optronics Corp.
First
Quarter 2016 Results Investor Conference
友達光電
年第一季法人說明會
Safe Harbor
Notice
•
The statements included in this presentation that are not historical in nature are “forward-looking statements” within
the meaning of Section 27A of the United States Securities Act of 1933 and Section 21E of the United States Securities Exchange
Act of 1934. These forward-looking statements, which may include statements regarding AU Optronics’ future results of operations,
financial condition or business prospects, are subject to significant risks and uncertainties and are based on AU Optronics’
current expectations.
•
Actual results may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons,
including, among other things: the cyclical nature of our industry; our dependence on introducing new products on a timely basis;
our dependence on growth in the demand for our products; our ability to compete effectively; our ability to successfully expand
our capacity; our dependence on key personnel; general economic and political conditions, including those related to the TFT-LCD
industry; possible disruptions in commercial activities caused by natural and human-induced disasters, including terrorist activity
and armed conflict; and fluctuations in foreign currency exchange rates.
•
Beginning on January 1, 2013, we have adopted the International Financial Reporting Standards as issued by the International Accounting
Standards Board (“IFRS”) to the extent endorsed by the ROC Financial Supervisory Commission (“FSC”) (“Taiwan
IFRS”) for reporting our annual and interim consolidated financial statements in the ROC in accordance with the requirements
of the FSC. All financial information contained herewithin is presented in conformity with Taiwan IFRS. Readers should be cautioned
that Taiwan IFRS differs in many material respects from IFRS including to the extent that any new or amended standards or interpretations
applicable under IFRS may not be timely endorsed by the FSC.
•
Our release of financial forecasts and forward-looking statements at any particular time does not create any duty of disclosure
beyond that which is imposed by law, and we expressly disclaim any obligation to publicly update or revise any forecasts or forward-looking
statements, whether as a result of new information, future events or otherwise.
Statement of Comprehensive Income
a)
Basic EPS in 1Q16 was calculated based on the weighted average outstanding shares of the reporting quarter (9,624m shares); Basic
EPS in both 4Q15 and 1Q15 were calculated based on the weighted average outstanding shares of 2015 (9,624m shares).
Large size refers to panels that are 10 inches and above
Consolidated Balance Sheet Highlights
Unaudited,
prepared by AUO based on Taiwan IFRS
a)
Excluding time deposit with maturity longer than 3 months (NT$1,166m in 1Q16 , NT$9,998m in 4Q15 , and NT$2,410m in 1Q15)
b)
Short term debt refers to all interest bearing debt maturing within one year
c)
Calculated by dividing the average inventory into the annualized cost of goods sold during such period, then multiplying by 365
days
Net Debt to Equity = (Short Term Debt + Long Term Debt - Cash
and ST Investment) / Equity
Consolidated Cash Flow Highlights
–
Unaudited, prepared by AUO based on Taiwan IFRS
In addition to cash generated from operating, investing and
financing activities, net change in cash also include effect on currency exchange of foreign subsidiaries
Display Revenue Breakdown by Application
–
Unaudited, prepared by AUO based on Taiwan IFRS
–
Mobile PC : including Notebook and Tablet displays
–
Mobile Device : including displays for mobile phones and other related products
– Commercial and Others: including displays for automobile,
industrial PC, ATM, point of sale (POS), pachinko, and etc.
Display Revenue Breakdown by Size
– Unaudited, prepared by AUO based on Taiwan IFRS
Consolidated Shipments & ASP by Area
Shipments in square meter
ASP per square meter
–
Unaudited, prepared by AUO based on Taiwan IFRS
–
ASP per square meter in US$ was translated from NT$ based on average exchange rates announced by Customs Administration, Ministry
of Finance of each respective quarter
Consolidated Small & Medium Panel
Shipments
by Area & Revenues
Shipments
in square meter
Revenue
www.auo.com
ir@auo.com
AU OPTRONICS CORP.
CONSOLIDATED COMPREHENSIVE
INCOME STATEMENT
For the Three Months
Ended March 31, 2016 and 2015 and December 31, 2015
(Expressed in Millions
of New Taiwan Dollars (NTD) and US Dollars (USD) except for per share amounts and shares outstanding)
|
|
|
Year over Year Comparison
|
|
|
|
|
|
Sequential Comparison
|
|
|
|
|
|
1Q 2016
|
|
|
|
1Q 2015
|
|
|
|
|
|
1Q 2016
|
|
|
|
4Q 2015
|
|
|
|
USD
|
|
NTD
|
|
%
|
|
NTD
|
|
YoY%
|
|
USD
|
|
NTD
|
|
%
|
|
NTD
|
|
QoQ%
|
Net Sales
|
2,211
|
|
71,135
|
|
100.0
|
|
95,302
|
|
(25.4)
|
|
2,211
|
|
71,135
|
|
100.0
|
|
83,442
|
|
(14.7)
|
Cost of Goods Sold
|
2,198
|
|
70,746
|
|
99.5
|
|
80,954
|
|
(12.6)
|
|
2,198
|
|
70,746
|
|
99.5
|
|
78,954
|
|
(10.4)
|
Gross Profit
|
12
|
|
390
|
|
0.5
|
|
14,348
|
|
(97.3)
|
|
12
|
|
390
|
|
0.5
|
|
4,489
|
|
(91.3)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Expenses
|
170
|
|
5,486
|
|
7.7
|
|
5,395
|
|
1.7
|
|
170
|
|
5,486
|
|
7.7
|
|
5,659
|
|
(3.1)
|
Operating Profit (Loss)
|
(158)
|
|
(5,097)
|
|
(7.2)
|
|
8,952
|
|
-
|
|
(158)
|
|
(5,097)
|
|
(7.2)
|
|
(1,171)
|
|
335.3
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Non-Operating Income (Expense)
|
(6)
|
|
(188)
|
|
(0.3)
|
|
(3,179)
|
|
(94.1)
|
|
(6)
|
|
(188)
|
|
(0.3)
|
|
(6,859)
|
|
(97.3)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit (Loss) before Income Tax
|
(164)
|
|
(5,285)
|
|
(7.4)
|
|
5,774
|
|
-
|
|
(164)
|
|
(5,285)
|
|
(7.4)
|
|
(8,030)
|
|
(34.2)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Tax Expense
|
(9)
|
|
(295)
|
|
(0.4)
|
|
(502)
|
|
(41.1)
|
|
(9)
|
|
(295)
|
|
(0.4)
|
|
(209)
|
|
41.3
|
Net Profit (Loss)
|
(173)
|
|
(5,580)
|
|
(7.8)
|
|
5,272
|
|
-
|
|
(173)
|
|
(5,580)
|
|
(7.8)
|
|
(8,239)
|
|
(32.3)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Comprehensive Income (Loss)
|
(48)
|
|
(1,554)
|
|
(2.2)
|
|
(854)
|
|
82.0
|
|
(48)
|
|
(1,554)
|
|
(2.2)
|
|
(1,353)
|
|
14.9
|
Total Comprehensive Income (Loss)
|
(222)
|
|
(7,134)
|
|
(10.0)
|
|
4,418
|
|
-
|
|
(222)
|
|
(7,134)
|
|
(10.0)
|
|
(9,592)
|
|
(25.6)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Profit (Loss) Attributable to:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owners of Company
|
(170)
|
|
(5,477)
|
|
(7.7)
|
|
5,156
|
|
-
|
|
(170)
|
|
(5,477)
|
|
(7.7)
|
|
(8,182)
|
|
(33.1)
|
Non-controlling Interests
|
(3)
|
|
(103)
|
|
(0.1)
|
|
116
|
|
-
|
|
(3)
|
|
(103)
|
|
(0.1)
|
|
(58)
|
|
79.0
|
Net Profit (Loss)
|
(173)
|
|
(5,580)
|
|
(7.8)
|
|
5,272
|
|
-
|
|
(173)
|
|
(5,580)
|
|
(7.8)
|
|
(8,239)
|
|
(32.3)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Comprehensive Income Attributable to:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Owners of Company
|
(205)
|
|
(6,600)
|
|
(9.3)
|
|
4,466
|
|
-
|
|
(205)
|
|
(6,600)
|
|
(9.3)
|
|
(9,046)
|
|
(27.0)
|
Non-controlling Interests
|
(17)
|
|
(535)
|
|
(0.8)
|
|
(48)
|
|
1,017.1
|
|
(17)
|
|
(535)
|
|
(0.8)
|
|
(546)
|
|
(2.1)
|
Total Comprehensive Income (Loss)
|
(222)
|
|
(7,134)
|
|
(10.0)
|
|
4,418
|
|
-
|
|
(222)
|
|
(7,134)
|
|
(10.0)
|
|
(9,592)
|
|
(25.6)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic Earnings Per Share
|
(0.02)
|
|
(0.57)
|
|
|
|
0.54
|
|
|
|
(0.02)
|
|
(0.57)
|
|
|
|
(0.85)
|
|
|
Basic Earnings Per ADS
(3)
|
(0.18)
|
|
(5.69)
|
|
|
|
5.36
|
|
|
|
(0.18)
|
|
(5.69)
|
|
|
|
(8.50)
|
|
|
Weighted-Average Shares Outstanding ('M)
|
|
|
9,624
|
|
|
|
9,624
|
|
|
|
|
|
9,624
|
|
|
|
9,624
|
|
|
Note:
|
(1)
|
Unaudited,
prepared by AUO based on Taiwan IFRS
|
|
(2)
|
Amounts
in New Taiwan dollars were translated into US dollars at the exchange rate of NTD 32.18
per USD as of March 31, 2016
|
|
(3)
|
1
ADS equals 10 common shares
|
AU OPTRONICS CORP.
CONSOLIDATED BALANCE
SHEET
March 31, 2016
and 2015
(Expressed in Millions
of New Taiwan Dollars (NTD) and US Dollars (USD) )
|
|
|
March 31, 2016
|
|
|
March 31, 2015
|
|
YoY
|
|
ASSETS
|
USD
|
|
|
NTD
|
%
|
|
NTD
|
%
|
|
NTD
|
%
|
Cash and Cash Equivalents
|
|
2,289
|
|
|
73,656
|
18.1
|
|
78,325
|
17.2
|
|
(4,669)
|
(6.0)
|
Notes & Accounts Receivables
|
973
|
|
|
31,304
|
7.7
|
|
55,222
|
12.1
|
|
(23,918)
|
(43.3)
|
Other Current Financial Assets
|
57
|
|
|
1,830
|
0.4
|
|
4,217
|
0.9
|
|
(2,387)
|
(56.6)
|
Inventories
|
969
|
|
|
31,177
|
7.7
|
|
38,034
|
8.4
|
|
(6,857)
|
(18.0)
|
Other Current Assets
|
166
|
|
|
5,333
|
1.3
|
|
4,481
|
1.0
|
|
852
|
19.0
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Current Assets
|
4,453
|
|
|
143,299
|
35.2
|
|
180,278
|
39.6
|
|
(36,979)
|
(20.5)
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term Investments
|
450
|
|
|
14,472
|
3.6
|
|
15,011
|
3.3
|
|
(540)
|
(3.6)
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Fixed Assets
|
6,469
|
|
|
208,157
|
51.1
|
|
222,606
|
49.0
|
|
(14,449)
|
(6.5)
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Assets
|
1,291
|
|
|
41,560
|
10.2
|
|
36,866
|
8.1
|
|
4,695
|
12.7
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Assets
|
12,663
|
|
|
407,488
|
100.0
|
|
454,761
|
100.0
|
|
(47,273)
|
(10.4)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
Short-term Borrowings
|
|
55
|
|
|
1,767
|
0.4
|
0
|
0.0
|
1,767
|
-
|
Accounts Payable
|
1,709
|
|
|
54,988
|
13.5
|
66,959
|
14.7
|
(11,970)
|
(17.9)
|
Current Installments of Long-term Borrowings
|
1,123
|
|
|
36,126
|
8.9
|
39,864
|
8.8
|
(3,738)
|
(9.4)
|
Current Installments of Bonds Payable
|
0
|
|
|
0
|
0.0
|
13,172
|
2.9
|
(13,172)
|
(100.0)
|
Current Financial Liabilities
|
20
|
|
|
645
|
0.2
|
48
|
0.0
|
597
|
1237.8
|
Accrued Expense & Other Current Liabilities
|
871
|
|
|
28,023
|
6.9
|
36,773
|
8.1
|
(8,750)
|
(23.8)
|
Machinery and Equipment Payable
|
269
|
|
|
8,642
|
2.1
|
|
4,301
|
0.9
|
|
4,341
|
100.9
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Current Liabilities
|
4,046
|
|
|
130,191
|
31.9
|
|
161,117
|
35.4
|
|
(30,926)
|
(19.2)
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term Borrowings
|
2,188
|
|
|
70,422
|
17.3
|
78,311
|
17.2
|
(7,889)
|
(10.1)
|
Non Current Financial Liabilities
|
0
|
|
|
10
|
0.0
|
8
|
0.0
|
2
|
25.5
|
Other Long-term Liabilities
|
295
|
|
|
9,507
|
2.3
|
|
10,480
|
2.3
|
|
(973)
|
(9.3)
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Long-term Liabilities
|
2,484
|
|
|
79,940
|
19.6
|
|
88,799
|
19.5
|
|
(8,860)
|
(10.0)
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Liabilities
|
6,530
|
|
|
210,131
|
51.6
|
|
249,916
|
55.0
|
|
(39,786)
|
(15.9)
|
|
|
|
|
|
|
|
|
|
|
|
|
EQUITY
|
|
|
|
|
|
|
|
|
|
|
|
Common Stock
|
|
2,991
|
|
|
96,242
|
23.6
|
96,242
|
21.2
|
0
|
0.0
|
Capital Surplus
|
1,875
|
|
|
60,336
|
14.8
|
59,501
|
13.1
|
835
|
1.4
|
Retained Earnings
|
464
|
|
|
14,930
|
3.7
|
25,675
|
5.6
|
(10,745)
|
(41.8)
|
Other Equity
|
123
|
|
|
3,963
|
1.0
|
4,259
|
0.9
|
(296)
|
(6.9)
|
Non-Controlling Interests
|
680
|
|
|
21,886
|
5.4
|
|
19,167
|
4.2
|
|
2,718
|
14.2
|
Total Equity
|
6,133
|
|
|
197,358
|
48.4
|
204,845
|
45.0
|
(7,487)
|
(3.7)
|
Total Liabilities & Equity
|
12,663
|
|
|
407,488
|
100.0
|
|
454,761
|
100.0
|
|
(47,273)
|
(10.4)
|
Note:
|
(1)
|
Unaudited, prepared by AUO based on Taiwan IFRS
|
|
(2)
|
Amounts
in New Taiwan dollars were translated into US dollars at the exchange rate of NTD 32.18
per USD as of March 31, 2016
|
|
(3)
|
Cash
and Cash Equivalents excluding time deposit with maturity longer than 3 months
|
AU
OPTRONICS CORP.
CONSOLIDATED
STATEMENT OF CASH FLOW
For
the Period Ended March 31, 2016 and 2015
(Expressed
in Millions of New Taiwan Dollars (NTD) and US Dollars (USD))
|
1Q
2016
|
|
|
1Q
2015
|
|
USD
|
NTD
|
|
NTD
|
Cash Flow from Operating
Activities:
|
|
|
|
|
|
|
Profit(Loss) before Income Taxes
|
(164)
|
|
|
(5,285)
|
5,774
|
Depreciation & Amortization
|
308
|
|
|
9,911
|
13,387
|
Share of Profit of Equity-Accounted Investees
|
(4)
|
|
|
(113)
|
(177)
|
Changes in Working Capital
|
88
|
|
|
2,845
|
(6,177)
|
Changes in Others
|
(4)
|
|
|
(128)
|
|
(350)
|
Net Cash Provided by Operating Activities
|
225
|
|
|
7,230
|
12,457
|
|
|
|
|
|
|
Cash Flow from Investing Activities:
|
|
|
|
|
|
|
Acquisition of Property, Plant and Equipment
|
(323)
|
|
|
(10,385)
|
(5,218)
|
Proceeds from Disposal of Property, Plant and
Equipment
|
0
|
|
|
9
|
29
|
Acquisition of Equity-Accounted Investees and
Financial Assets Carried at Cost
|
(2)
|
|
|
(67)
|
0
|
Decrease(Increase) in Other Financial Assets
|
(0)
|
|
|
(1)
|
129
|
Increase in Intangible Assets
|
(6)
|
|
|
(190)
|
0
|
Decrease(Increase) in Other Assets
|
(0)
|
|
|
(4)
|
|
5
|
Net Cash Used in Investing Activities
|
(331)
|
|
|
(10,638)
|
(5,055)
|
|
|
|
|
|
|
Cash Flow from Financing Activities:
|
|
|
|
|
|
|
Increase(Decrease) in Short-term Borrowings
|
5
|
|
|
173
|
(381)
|
Decrease in Long-term Borrowings and Bonds Payable
|
(29)
|
|
|
(947)
|
(10,623)
|
Increase(Decrease) in Guarantee Deposits
|
(0)
|
|
|
(8)
|
35
|
Changes in Non-Controlling Interests and Others
|
(19)
|
|
|
(610)
|
|
(129)
|
Net Cash Used by Financing Activities
|
(43)
|
|
|
(1,392)
|
(11,098)
|
|
|
|
|
|
|
Effect of Exchange Rate Changes on Cash
|
(13)
|
|
|
(425)
|
|
56
|
Net Decrease in Cash and Cash Equivalents
|
(162)
|
|
|
(5,225)
|
(3,641)
|
Cash and Cash Equivalents at Beginning of
Period
|
2,451
|
|
|
78,881
|
|
81,965
|
Cash and Cash
Equivalents at End of Period
|
2,289
|
|
|
73,656
|
|
78,325
|
|
Note:
|
(1)
|
Unaudited,
prepared by AUO based on Taiwan IFRS
|
|
(2)
|
Amounts
in New Taiwan dollars were translated into US dollars at the exchange rate of NTD 32.18
per USD as of March 31, 2016
|