United Microelectronics Corporation 2002 Annual Report Corporate Information Spokesperson Chitung Liu Finance Division Director 886 (2) 2700 6999
[email protected] Deputy Spokesperson Sandy Yen The Chairman and President’s Office Senior Manager 886 (2) 2700 6999
[email protected] Sheng Yui Wang Finance Division Deputy Director 886 (2) 2700 6999
[email protected] Printed on March 25, 2003 United Microelectronics Corporation 2002 Annual Report Annual Report Contents 4 Letter to Shareholders 8 Corporate Overview 32 Operations Overview 50 Unconsolidated Financial Review 92 Consolidated Financial Review 138 Review and Analysis of Financial Position, Operating Results, and Risk Management and Evaluation 144 Special Disclosures 156 US GAAP Adjusted Financial Statements 2 3 Corporate Overview Financial Review Review and Analysis of Financial Position, Operating 9 Corporate Profile Unconsolidated Financial Review Results, and Risk Manage- ment and Evaluation 11 Corporate Organization 51 Condensed Balance Sheets 18 Capital and Shares 52 Condensed Statements of 139 Analysis of Financial Position Income 24 Corporate Bonds 140 Analysis of Operating Results 53 Financial Analysis 27 Preferred Stock 141 Liquidity Analysis 54 Supervisors’ Report 28 American Depositary 142 Major Capital Expenditures Receipts 55 Report of Independent and Sources of Funding Auditors 30 Employee Stock Option 143 Analysis for Investment Certificates 56 Balance Sheets 143 Risk Management and 58 Statements of Income Evaluation 59 Statements of Changes in Operations Overview