XML 62 R46.htm IDEA: XBRL DOCUMENT v3.8.0.1
Operating Segments Information
 12 Months Ended
Dec. 31, 2017
Text block1 [abstract]  
Operating Segments Information
41. OPERATING SEGMENTS INFORMATION

 

The Group has the following reportable segments: Packaging, Testing, EMS and Estate. The Group packages bare semiconductors into finished semiconductors with enhanced electrical and thermal characteristics; provides testing services, including front-end engineering testing, wafer probing and final testing services; engages in the designing, assembling, manufacturing and sale of electronic components and telecommunications equipment motherboards, real estate business in development, sale and leasing. Information about other business activities and operating segments that are not reportable are combined and disclosed in “Others.” The Group engages in other activities such as substrate production.

 

The accounting policies for segments are the same as those described in Note 4. The measurement basis for resources allocation and performance evaluation is based on profit before income tax.

 

Segment information for the years ended December 31, 2015, 2016 and 2017 was as follows:

 

a. Segment revenues and operation results

  

                        Adjustments    
    Packaging   Testing   EMS   Estate   Others   and Eliminations   Total
    NT$   NT$   NT$   NT$   NT$   NT$   NT$
                             
For the year ended December 31, 2015                            
                             
Revenue from external customers   $ 116,607,314     $ 25,191,916     $ 138,242,100     $ 1,340     $ 3,259,866     $ -       $ 283,302,536  
Inter-segment revenues (Note)     9,454,671       191,608       58,451,996       -         7,659,282       (75,757,557 )     -    
Segment revenues     126,061,985       25,383,524       196,694,096       1,340       10,919,148       -         359,060,093  
Interest income     53,235       12,536       149,385       54,876       13,445       (41,393 )     242,084  
Interest expense     (1,520,118 )     (5,821 )     (147,792 )     -       (636,448 )     41,393       (2,268,786 )
Depreciation and amortization     (18,946,460 )     (6,516,912 )     (2,738,722 )     (24,074 )     (1,292,496 )     -         (29,518,664 )
Share of the profit of associates and joint ventures     126,265       -         -         -         -         -         126,265  
Impairment loss     (139,397 )     -         (102,389 )     -         (16,343 )     -         (258,129 )
Segment profit before income tax     15,479,868       6,354,140       2,874,944       (172,521 )     475,357       -         25,011,788  
Expenditures for segment assets     19,691,068       4,754,481       2,917,939       143,436       773,897       -         28,280,821  
                                                         
December 31, 2015                                                        
                                                         
Investments accounted for using the equity method     37,122,244       -         -         -         -         -         37,122,244  
Segment assets     193,323,304       42,652,569       79,997,341       30,000,273       19,013,405       -         364,986,892  
                                                         
For the year ended December 31, 2016                                                        
                                                         
Revenue from external customers     125,282,829       27,031,750       115,395,130       3,909,580       3,264,818       -         274,884,107  
Inter-segment revenues (Note)     4,929,897       243,980       47,721,424       -         9,186,359       (62,081,660 )     -    
Segment revenues     130,212,726       27,275,730       163,116,554       3,909,580       12,451,177       -         336,965,767  
Interest income     32,499       41,405       130,659       29,131       8,166       (11,793 )     230,067  
Interest expense     (1,727,127 )     (5,980 )     (44,433 )     -         (451,790 )     11,793       (2,217,537 )
Depreciation and amortization (After retrospectively adjusted)     (18,706,891 )     (6,566,936 )     (2,759,298 )     (55,271 )     (1,382,041 )     -         (29,470,437 )
Share of the profit of associates and joint ventures (After retrospectively adjusted)     1,513,394       (9,484 )     -         -         -         -         1,503,910  
Impairment loss     (974,095 )     (4,136 )     (1,886 )     -         -         -         (980,117 )
Segment profit before income tax     13,921,640       7,226,531       4,626,263       1,546,326       647,945       -         27,968,705  
Expenditures for segment assets     17,561,135       8,247,003       906,042       114,462       852,220       -         27,680,862  
                                                         
December 31, 2016                                                        
                                                         
Investments accounted for using the equity method (After retrospectively adjusted)     49,597,195       227,495       -         -         -         -         49,824,690  
Segment assets (After retrospectively adjusted)     200,604,111       42,962,643       73,915,639       28,468,242       11,979,941       -         357,930,576  
                                                         
For the year ended December 31, 2017                                                        
                                                         
Revenue from external customers     126,225,119       26,157,277       133,948,016       412,863       3,697,933       -         290,441,208  
Inter-segment revenues (Note)     4,911,026       184,707       47,119,404       23,943       8,359,697       (60,598,777 )     -    
Segment revenues     131,136,145       26,341,984       181,067,420       436,806       12,057,630       -         351,039,985  
Interest income     43,744       48,532       269,640       30,441       183,824       (269,310 )     306,871  
Interest expense     (1,969,562 )     (11,920 )     -         (62,714 )     -         269,310       (1,774,886 )
Depreciation and amortization     (19,105,457 )     (6,476,743 )     (2,133,253 )     (180,792 )     (1,308,939 )     -         (29,205,184 )
Share of the profit or loss of associates and joint ventures     568,291       (42,509 )     -         -         -         -         525,782  
Impairment loss     (218,214 )     (72,798 )     -         -         (473,869 )     -         (764,881 )
Segment profit before income tax     12,065,304       6,904,067       6,883,327       5,120,301       47,664       -         31,020,663  
Expenditures for segment assets     17,769,612       4,507,097       850,235       169,559       381,179       -         23,677,682  
                                                         
December 31, 2017                                                        
                                                         
Investments accounted for using the equity method     48,566,333       187,418       -         -         -         -         48,753,751  
Segment assets     195,503,889       43,383,691       81,588,691       33,080,694       10,365,307       -         363,922,272  

 

                        Adjustments    
    Packaging   Testing   EMS   Estate   Others   and Eliminations   Total
    US$ (Note 4)   US$ (Note 4)   US$ (Note 4)   US$ (Note 4)   US$ (Note 4)   US$ (Note 4)   US$ (Note 4)
                             
For the year ended December 31, 2017                            
                             
Revenue from external customers   $ 4,258,607     $ 882,499     $ 4,519,164     $ 13,929     $ 124,762     $ -       $ 9,798,961  
Inter-segment revenues (Note)     165,689       6,232       1,589,723       808       282,041       (2,044,493 )     -    
Segment revenues     4,424,296       888,731       6,108,887       14,737       406,803       -         11,843,454  
Interest income     1,476       1,637       9,097       1,027       6,202       (9,086 )     10,353  
Interest expense     (66,450 )     (402 )     -         (2,116 )     -         9,086       (59,882 )
Depreciation and amortization     (644,584 )     (218,514 )     (71,972 )     (6,100 )     (44,161 )     -         (985,331 )
Share of the profit or loss of associates and joint ventures     19,173       (1,434 )     -         -         -         -         17,739  
Impairment loss     (7,362 )     (2,456 )     -         -         (15,988 )     -         (25,806 )
Segment profit before income tax     407,061       232,931       232,231       172,750       1,608       -         1,046,581  
Expenditures for segment assets     599,515       152,061       28,685       5,721       12,860       -         798,842  
                                                         
December 31, 2017                                                        
                                                         
Investments accounted for using the equity method    $ 1,638,540     $  6,323      $ -        $ -       $  -        $ -       $  1,644,863  
Segment assets     6,595,947       1,463,687       2,752,655       1,116,083       349,707       -         12,278,079  

 

Note: Inter-segment revenues were eliminated upon consolidation.

(Concluded) 

b. Revenue from major products and services

 

    For the Year Ended December 31
    2015   2016   2017
    NT$   NT$   NT$   US$ (Note 4)
                 
Packaging service   $ 116,607,314     $ 125,282,829     $ 126,225,119     $ 4,258,607  
Testing service     25,191,916       27,031,750       26,157,277       882,499  
Electronic components manufacturing service     138,242,100       115,395,130       133,948,016       4,519,164  
Others     3,261,206       7,174,398       4,110,796       138,691  
                                 
    $ 283,302,536     $ 274,884,107     $ 290,441,208     $ 9,798,961  

 

c. Geographical information

 

Geographical information about revenue from external customers and noncurrent assets are reported based on the country where the external customers are headquartered and noncurrent assets are located, respectively.

 

1) Net revenues from external customers

 

    For the Year Ended December 31
    2015   2016   2017
    NT$   NT$   NT$   US$ (Note 4)
                 
United States   $ 205,730,670     $ 180,745,837     $ 196,462,345     $ 6,628,284  
Taiwan     32,631,149       38,868,679       35,413,647       1,194,792  
Asia     22,885,128       29,896,304       30,201,332       1,018,938  
Europe     20,577,069       23,275,732       26,445,240       892,215  
Others     1,478,520       2,097,555       1,918,644       64,732  
                                 
    $ 283,302,536     $ 274,884,107     $ 290,441,208     $ 9,798,961  

 

2) Noncurrent assets, excluding financial instruments, post-employment benefit assets and deferred tax assets

 

    December 31
    2016   2017
    NT$   NT$   US$ (Note 4)
             
Taiwan   $ 97,337,094     $ 93,350,839     $ 3,149,489  
China     34,142,577       45,376,164       1,530,910  
Others     26,935,370       25,025,498       844,315  
                         
    $ 158,415,041     $ 163,752,501     $ 5,524,714  

 

d. Major customers

 

Except one customer from which the operating revenues generated from packaging and EMS segments was NT$88,311,697 thousand, NT$66,554,659 thousand and NT$83,873,393 thousand (US$2,829,737 thousand) in 2015, 2016 and 2017, respectively, the Group did not have other single customer to which the operating revenues exceeded 10% of operating revenues for the years ended December 31, 2015, 2016 and 2017.