Himax Technologies, Inc. (the Parent Company only) (Tables) - Equity attributable to owners of parent [member]

12 Months Ended

Dec. 31, 2023

Schedule of condensed statements of financial position

Condensed Statements of Financial Position


	December 31,		December 31,
	2022		2023

	(in thousands)
Cash	$	2,946	3,639
Financial asset at amortized cost		5,330	5,419
Other current assets		529	581
Financial asset at fair value through profit or loss		13,290	19,095
Investments in subsidiaries and affiliates		1,473,234	1,530,298
Total assets	$	1,495,329	1,559,032

Current liabilities	$	132	524
Current portion of long-term unsecured borrowings		6,000	6,000
Short-term secured borrowings		369,300	453,000
Debt borrowing from a subsidiary		186,825	208,240
Long-term unsecured borrowings		40,500	34,500
Total equity		892,572	856,768
Total liabilities and equity	$	1,495,329	1,559,032

Schedule of condensed statement of profit or loss

Condensed Statements of Profit or Loss


	Year ended December 31,
	2021		2022	2023

	(in thousands)
Revenues	$	—	—	—
Costs and expenses		1,037	486	547
Operating loss		(1,037)	(486)	(547)
Interest income		148	166	268
Changes in fair value of financial assets at fair value through profit or loss		(143)	1,021	1,639
Foreign currency exchange gains (losses), net		115	(487)	(102)
Finance costs		(1,320)	(4,944)	(12,371)
Loss on re-measurement of the pre-existing relationships in a business combination		—	—	(1,932)
Share of profits of subsidiaries and affiliates		439,133	241,712	63,661
Profit before income taxes		436,896	236,982	50,616
Income tax expense		—	—	—
Profit for the year	$	436,896	236,982	50,616

Schedule of condensed statements of other comprehensive income

Condensed Statements of Other Comprehensive Income


	Year Ended December 31,
	2021		2022	2023

	(in thousands)
Profit for the year	$	436,896	236,982	50,616
Other comprehensive income:
Items that will not be reclassified to profit or loss:
Remeasurements of defined benefit pension plans		160	658	8
Unrealized gain (loss) on financial assets at fair value through other comprehensive income		(179)	142	152
Income tax related to items that will not be reclassified subsequently		(27)	(107)	1
Items that may be reclassified subsequently to profit or loss:
Foreign operations - foreign currency translation differences		(72)	(245)	(123)
Other comprehensive income for the year, net of tax		(118)	448	38
Total comprehensive income for the year	$	436,778	237,430	50,654

Schedule of condensed statements of cash flows


	Year ended December 31,
	2021		2022	2023

	(in thousands)
Cash flows from operating activities:
Profit for the year	$	436,896	236,982	50,616
Adjustments for:
Changes in fair value of financial assets at fair value through profit or loss		143	(1,021)	(1,639)
Interest income		(148)	(166)	(268)
Finance costs		1,320	4,944	12,371
Share of profits of subsidiaries and affiliates		(439,133)	(241,712)	(63,661)
Loss on re-measurement of the pre-existing relationships in a business combination		—	—	1,932
Unrealized foreign currency exchange losses (gains)		(115)	493	96
		(1,037)	(480)	(553)
Changes in:
Other current assets		(72)	(19)	(1)
Other current liabilities		750	(689)	96
Cash generated from operating activities		(359)	(1,188)	(458)
Interest received		139	172	218
Interest paid		(858)	(2,561)	(5,891)
Net cash used in operating activities		(1,078)	(3,577)	(6,131)
Cash flows from investing activities:
Acquisitions of financial asset at amortized cost		(139)	(163)	(185)
Acquisitions of financial assets at fair value through profit or loss		—	—	(4,166)
Net cash used in investing activities		(139)	(163)	(4,351)
Cash flows from financing activities:
Payments of cash dividends		(47,404)	(217,873)	(83,720)
Payments of dividend equivalents		—	—	(148)
Repayments of long-term unsecured borrowings		(6,000)	(6,000)	(6,000)
Proceeds from short-term secured borrowings		611,600	1,212,700	1,383,300
Repayments of short-term secured borrowings		(564,200)	(994,800)	(1,299,600)
Proceeds from issue of RSUs from subsidiaries		31	1,187	2,343
Proceeds from exercise of employee stock options		1,182	—	—
Proceeds from debt from a subsidiary		159,205	197,955	182,230
Repayments of debt from a subsidiary		(154,205)	(187,455)	(167,230)
Net cash provided by financing activities		209	5,714	11,175
Net increase (decrease) in cash		(1,008)	1,974	693
Cash at beginning of year		1,980	972	2,946
Cash at end of year	$	972	2,946	3,639