Slide 1: Investor Conference 1Q12 Operation Results
Investor Conference 1Q12 Operation Results April 27, 2012
Slide 2: Agenda
Agenda Financial Summary Ralio Sung Business Update & Guidance A.P. Chen Q&A All numbers are consolidated and unaudited unless otherwise specified. 2
Slide 3: Financial Summary
Financial Summary 3
Slide 4: 1Q12 Income Statement & QoQ Comparison
1Q12 Income Statement & QoQ Comparison 1Q12 4Q11 QoQ % Unit: NT$ million AMT % AMT % Change Net Sales 8,223 100.0 8,132 100.0 1.1 Cost of Goods Sold - Product 5,784 70.3 5,644 69.4 2.5 Gross Profit 1 2,439 29.7 2,488 30.6 (2.0) Inventory Related Gain/(Loss) 6 0.0 (47) (0.6) (113) Gross Profit 2 2,44
Slide 5: 1Q12 Non-op Income/Loss & QoQ Comparison
1Q12 Non-op Income/Loss & QoQ Comparison QoQ % Unit : NT$ million 1Q12 4Q11 Change Investment Income 30 71 (57.7) 15 162 (90.7) Sub./Aff. 15 (91) (116) Capital Gain/ Loss FX Gain/(Loss) 33 (11) 400 Fin. Income/(Exp.) & Other 14 74 (81.1) Total 77 134 (42.5) * The numbers are consolidated and the net
Slide 6: 1Q12 Income Statement & YoY Comparison
1Q12 Income Statement & YoY Comparison 1Q12 1Q11 YoY % Unit: NT$ million AMT % AMT % Change Net Sales 8,223 100.0 7,802 100.0 5.4 Cost of Goods Sold - Product 5,784 70.3 5,225 67.0 10.7 Gross Profit 1 2,439 29.7 2,577 33.0 (5.4) Inventory Related Gain/(Loss) 6 0.0 (28) (0.3) (121) Gross Profit 2 2,4
Slide 7: 03/31/2012 Balance Sheet & QoQ Comparison
03/31/2012 Balance Sheet & QoQ Comparison 03/31/12 12/31/11 QoQ % Unit: NT$ million % % AMT AMT Change Cash 3,504 14 5,320 20 (34.1) S-T Investment 54 0 322 1 (83.2) Account Receivable 6,390 25 5,456 20 17.1 Inventory 7,247 29 7,392 28 (0.2) Long-term Investments 5,061 20 4,818 18 5.0 Total Assets 2
Slide 8: Key Financial Ratios
Key Financial Ratios Unit: % , days 03/31/12 12/31/11 09/30/11 06/30/11 03/31/11 * Days A/R 66 62 67 66 67 * Days Inventory 107 105 101 95 114 *Days A/P 93 102 99 106 105 Cash Cycle 78 70 67 62 68 Current Ratio 1.78 1.66 1.63 1.59 2.19 Debt/Equity Ratio 0.75 0.86 0.92 0.96 0.73 **Net Debt/Equity Rat
Slide 9: Business Update & Guidance
Business Update & Guidance 9
Slide 10: Quarterly Revenue by Region
Quarterly Revenue by Region In NT$, up 1.1% QoQ, up 5.4% YoY In US$, up 3.0% QoQ, up 4.6% YoY N.A. down 3.9% QoQ, down 22.8% YoY N.A. down 1.6% QoQ, down 23.5% YoY Europe down 7.7% QoQ, down 1.3 YoY Europe down 6.3% QoQ, down 1.3% YoY Emerging Mkts & APac up 5.6% QoQ, up 16.6% YoY Emerging Mkts & AP
Slide 11: Quarterly Revenue by Product
Quarterly Revenue by Product In NT$ terms: In US$ terms: Switch down 3.6% QoQ, down 3.6% YoY Switch down 1.7% QoQ, down 4.8% YoY Wireless down 1.5% QoQ, up 3.2% YoY Wireless up 0.3% QoQ, up 2.5% YoY B.B. up 17.7% QoQ, up 17.2% YoY B.B. up 19.7% QoQ, up 16.5% YoY D.H. up 7.8% QoQ, up 21.7% YoY D.H. u
Slide 12: 2Q12 Guidance
2Q12 Guidance From QoQ perspective: Revenue flat Operating margin remain stable 12
Slide 13: Safe Harbor Statement
Safe Harbor Statement All numbers are consolidated. 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 A
Slide 14: Q&A
Q&A For complete financial and press releases, please visit http://ir.dlink.com 14