Acer Incorporated · TWSE:2353
Acer — Q4 2013 Earnings Presentation
11 slides from Acer's earnings presentation, Mar 31, 2014
Slide 1: Acer 4Q13 Results Summary
Acer 4Q13 Results Summary Mar 31 2014 ACER CONFIDENTIAL
Slide 2: Legal Disclaimer
Legal Disclaimer The information is provided for informational purposes only, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security issued by Acer or other parties. Acer’s statements that are not historical facts are forward-looking statements that indicate
Slide 3: Consolidated Income Statement (QoQ Comparison)
Consolidated Income Statement (QoQ Comparison) (IFRS-comparison base) QoQ (NT$ mn) 4Q13 3Q13 Change Revenue 86,635 100.0% 92,146 100.0% -6.0% Realized Gross Profit (inc warranty) 966 1.1% 6,273 6.8% -84.6% Operating Expenses 9,336 10.8% 8,889 9.6% 5.0% Operating Income (8,255) -9.5% (2,570) -2.8% N.
Slide 4: Consolidated Income Statement (YoY Comparison)
Consolidated Income Statement (YoY Comparison) (IFRS-comparison base) YoY (NT$ mn) 4Q13 4Q12 Change Revenue 86,635 100.0% 101,540 100.0% -14.7% Realized Gross Profit (inc warranty) 966 1.1% 8,859 8.7% -89.1% Operating Expenses 9,336 10.8% 8,805 8.7% 6.0% Operating Income (8,255) -9.5% 125 0.1% N.A.
Slide 5: Consolidated Revenue and GM Trend
Consolidated Revenue and GM Trend 180,000 12.0% (NT$ mn) 160,000 10.0% 140,000 120,000 8.0% 100,000 6.0% 80,000 60,000 4.0% 40,000 2.0% 20,000 0 0.0% 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 Revenue (LHS) 162,130 150,262 167,552 149,114 127,799 102,091 117,891
Slide 6: Consolidated Operating Income
Consolidated Operating Income 6,000 6.0% (NT$ mn) 4,000 4.0% 2,000 2.0% 0 0.0% -2,000 -2.0% -4,000 -4.0% -6,000 -6.0% -8,000 -8.0% -10,000 -10.0% 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 Op. Income (LHS) 4,385 4,138 5,291 4,389 1,929 -7,087 -1,320 82 282 188 34
Slide 7: Consolidated Balance Sheet (QoQ Comparison)
Consolidated Balance Sheet (QoQ Comparison) (IFRS-comparison base) (NT$ mn) 4Q13 3Q13 Current Assets Cash and cash equivalents 42,984 22.6% 33,949 17.5% Notes & Accounts receivable 62,104 32.6% 64,802 33.4% Financial Assets-Current 382 0.2% 494 0.3% Inventories 35,566 18.7% 41,999 21.7% Other curren
Slide 8: Consolidated Balance Sheet (YoY Comparison)
Consolidated Balance Sheet (YoY Comparison) (IFRS-comparison base) (NT$ mn) 4Q13 4Q12 Current Assets Cash and cash equivalents 42,984 22.6% 50,613 22.4% Notes & Accounts receivable 62,104 32.6% 68,860 30.4% Financial Assets-Current 382 0.2% 387 0.2% Inventories 35,566 18.7% 43,337 19.1% Other curren
Slide 9: IT Product Revenue Breakdown by Geography
IT Product Revenue Breakdown by Geography Q4, 2013 Q4, 2012 US$2,810M US$3,367M (NT$83,267M) (NT$98,363M) 14% 16% 38% 16% 46% 18% 24% 28% EMEA Pan America EMEA Pan America Asia Pacific G. China Asia Pacific G. China 8 ACER CONFIDENTIAL
Slide 10: IT Product Revenue Breakdown
IT Product Revenue Breakdown Q4, 2013 Q4, 2012 US$2,810M US$3,367M (NT$83,267M) (NT$98,363M) 9% 4% 6% 5% 8% 9% 16% 17% 60% 66% Notebook Desktop Display Notebook Desktop Display Tablet Others Tablet Others 9 ACER CONFIDENTIAL
Slide 11: Thank you
acer explore beyond limits™ Thank you