Slide 1: Compal Electronics, Inc. 4Q09 Financial Results
Compal Electronics, Inc. 4Q09 Financial Results Save the earth…Please print out only when necessary March 5, 2010
Slide 2: Welcome
Welcome 4Q09 Unconsolidated Financial Results Update of Subsidiaries Consolidation (TPO & IST) Q&A 2
Slide 3: Safe Harbor Notice
Safe Harbor Notice This presentation contains forward-looking statements and is subject to significant risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements. 3
Slide 4: 4Q09 Financial Results - Unconsolidated
4Q09 Financial Results - Unconsolidated -
Slide 5: 4Q09 Income Statement
4Q09 Income Statement 4Q09 3Q09 4Q08 QoQ YoY Net Sales 222,222 100.0% 172,914 100.0% 106,847 100.0% 29% 108% Gross Margin 9,665 4.3% 8,093 4.7% 5,441 5.1% Operating Income 5,901 2.7% 5,049 2.9% 3,023 2.8% 17% 95% Non-operating Gain 1,366 0.6% 892 0.5% 79 0.1% Income before Tax 7,267 3.3% 5,941 3.4%
Slide 6: 2009 Income Statement - YoY
2009 Income Statement - Y o Y 2009 2008 YoY Net Sales 626,218 100.0% 404,993 100.0% 55% Gross Margin 28,844 4.6% 20,435 5.0% Operating Income 17,711 2.8% 11,219 2.8% 58% Non-operating Gain 2,476 0.4% 3,579 0.9% Income before Tax 20,187 3.2% 14,798 3.7% 36% Net Income 19,208 3.1% 12,639 3.1% 52% EPS
Slide 7: 4Q09 Non-Operating Income (Loss)
4Q09 Non-Operating Income (Loss) 4Q09 3Q09 4Q08 2009 2008 Interest Income, net 32 29 85 98 585 Investment Gain (Loss), net 1,057 642 (111) 1,727 2,581 Gain on Foreign Currency 80 147 9 227 84 Exchange, net Others 197 74 96 424 329 Total Non-Operating Gain, net 1,366 892 79 2,476 3,579 Note: All figu
Slide 8: Balance Sheet
Balance Sheet Dec. 31, 2009 Sept. 30, 2009 Dec. 31, 2008 Cash and Cash Equivalents & Marketable Securities 20,234 7% 16,238 7% 20,804 14% A/R 155,050 54% 121,649 53% 60,611 41% Inventories 47,919 17% 35,575 16% 13,514 9% Investments 60,105 21% 52,713 23% 49,075 33% Total Assets 287,322 100% 230,229
Slide 9: Update of Subsidiaries Consolidation (TPO & IST)
Update of Subsidiaries Consolidation (TPO & IST)
Slide 10: Update of Subsidiaries Consolidation (TPO & IST)
Update of Subsidiaries Consolidation (TPO & IST) Consolidated entities: TPO Display, Chimei Opt., Innolux Display; Obtaining Innolux (new Chimei) stock of 159.1 million shares; Effective date of Consolidation on March 18, 2010 Compal accounting treatment to investment of new Chimei to be changed to
Slide 11: Q&A
Q&A http://www.compal.com Investor@compal.com