4q12 analyst meeting

台達電子2012年財報法人說明會Delta Electronics, Inc.2012 Result Analyst Meeting

12 Mar 2013

2Delta Confidential

•合併財務數字乃根據財務會計準則公報第七號編製Consolidated financials are based on Statement of Financial Accounting Standard No. 7•累計合併數字係經由會計師審核Cumulative consolidated numbers were auditedby CPA•因旺能即將與新日光合併，該公司對本公司損益表之淨影響已移至稅後之『停業部門損益』科目Due to DelSolar’s merger with NSP, its net impact on the Company’s income statement hasbeen moved to an after-tax account, “loss from discontinued business.”

3Delta Confidential

2012年第四季結算數字2012 Fourth Quarter Results

4Delta Confidential

合併營收 Revenues

單位：新台幣十億元Unit: NT$ billion

QoQ -9%

YoY0%

42.3 38.444.3 46.7 42.3

4Q11 1Q12 2Q12 3Q12 4Q12

5Delta Confidential

業務分類(一) Revenues by Business (1)

3Q12

電源及零組件

(Power Electronics)

60%

智能綠生活

(Smart Green Life)

17%

能源管理

(Energy Mgmt)

18%

其他

(Others)

5%

4Q12

電源及零組件

(Power Electronics)

61%

智能綠生活

(Smart Green Life)

18%

能源管理

(Energy Mgmt)

17%

其他

(Others)

4%

6Delta Confidential

業務分類(一)Revenues by Business (1)

單位：新台幣百萬元Unit: NT$ million

3Q12 4Q12 Change電源及零組件(Power Electronics) 28,252 25,647 -9%能源管理(Energy Management) 8,391 7,384 -12%智能綠生活(Smart Green Life) 7,890 7,739 -2%其他(Others) 2,165 1,545 -29%總計(Total) 46,699 42,315 -9%

7Delta Confidential

業務分類(二) Revenues by Business (2)

4Q12

電源及零組件

(Power Electronics)

61%

智能綠生活

(Smart Green Life)

18%

能源管理

(Energy Mgmt)

17%

其他

(Others)

4%

4Q11

電源及零組件

(Power Electronics)

63%

智能綠生活

(Smart Green Life)

19%

其他

(Others)

3%

能源管理

(Energy Mgmt)

15%

8Delta Confidential

業務分類(二)Revenues by Business (2)

單位：新台幣百萬元Unit: NT$ million

4Q11 4Q12 Change電源及零組件(Power Electronics) 26,913 25,647 -5%能源管理(Energy Management) 6,195 7,384 19%智能綠生活(Smart Green Life) 7,973 7,739 -3%其他(Others) 1,233 1,545 25%總計(Total) 42,314 42,315 0%

9Delta Confidential

營業毛利Gross Profit

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

8.93 8.5510.78 11.88 10.96

25.9%25.4%24.3%22.2%

21.1%

4Q11 1Q12 2Q12 3Q12 4Q12

QoQ -8%

YoY+23%

10Delta Confidential

研發費用R&D Expense

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

3.002.522.57 2.66 2.80

6.1% 6.5% 6.0% 6.0%7.1%

4Q11 1Q12 2Q12 3Q12 4Q12

QoQ +7%

YoY+17%

11Delta Confidential

銷管費用SG&A Expense

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

3.55 3.15 3.47 3.61 3.60

8.4% 8.2% 7.5% 7.6% 7.6%

4Q11 1Q12 2Q12 3Q12 4Q12

QoQ 0%

YoY+1%

12Delta Confidential

總營業費用Operating Expense

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

6.12 5.67 6.13 6.41 6.60

14.5% 14.7%13.7%

15.6%13.8%

4Q11 1Q12 2Q12 3Q12 4Q12

QoQ +3%

YoY+8%

13Delta Confidential

營業淨利Operating Profit

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

2.80 2.884.65 5.46 4.36

7.5%6.6%10.5% 11.7% 10.3%

4Q11 1Q12 2Q12 3Q12 4Q12

QoQ -20%

YoY+56%

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主要部門營業淨利Operating Profit by Sector

單位：新台幣百萬元Unit: NT$ million

4Q11 3Q12 4Q12電源及零組件(Power Electronics) 3,233 3,926 4,192能源管理(Energy Management) 637 1,323 1,213智能綠生活(Smart Green Life) 341 538 371

15Delta Confidential

業外損益Non-Operating Profit

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

1.25 0.930.83 1.01

2.38

2.4%1.9%3.0%

6.2%

2.0%

4Q11 1Q12 2Q12 3Q12 4Q12

QoQ +9%

YoY-19%

16Delta Confidential

業外損益細項Non-Operating Income Breakdown

單位：新台幣百萬元Unit: NT$ million

3Q12 4Q12處分投資(Investment disposal) (29) (84)投資損益(Investment income) 347 130利息收益(Interest income) 152 102其他業外損益(Others) 463 857合計(Total) 933 1,005

17Delta Confidential

稅前淨利Net Income Before Tax

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

3.335.25 5.48 6.40 5.37

7.9%

13.7% 12.4% 13.7% 12.7%

4Q11 1Q12 2Q12 3Q12 4Q12

QoQ -16%

YoY+61%

18Delta Confidential

所得稅與少數股權Tax & Minority Interest

單位：新台幣百萬元Unit: NT$ million

3Q12 4Q12稅前淨利(Net income before tax) 6,397 5,373所得稅(Tax) (994) (804)停業部門損失(Loss from discontinuedbusiness) (419) (661)少數股權淨利(Minority interest) (277) (159)稅後淨利(Net income after tax) 4,707 3,750

19Delta Confidential

稅後淨利Net Income After Tax

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

2.463.66 4.00 4.71 3.75

5.8%9.5% 9.0% 8.9%10.1%

4Q11 1Q12 2Q12 3Q12 4Q12

QoQ -20%

YoY+52%

20Delta Confidential

每股淨利(新台幣元)EPS (unit: NT$)

1.02

1.52 1.661.95

1.56

4Q11 1Q12 2Q12 3Q12 4Q12

*每股盈餘之設算基於加權平均股數24.11億股*EPS based on weighted average shares outstanding of 2,411 million shares.

21Delta Confidential

2012年結算數字2012 Full-year Results

22Delta Confidential

162.5 171.8

2011 2012

+6%

合併營收Revenues

單位：新台幣十億元Unit: NT$ billion

23Delta Confidential

業務分類Revenues by Business

2011

電源及零組件

(Power Electronics)

66%

智能綠生活

(Smart Green Life)

17%

能源管理

(Energy Mgmt)

15%

其他

(Others)

2%

2012

電源及零組件

(Power Electronics)

62%

智能綠生活

(Smart Green Life)

18%

能源管理

(Energy Mgmt)

17%

其他

(Others)

3%

24Delta Confidential

業務分類Revenues by Business

單位：新台幣百萬元Unit: NT$ million

2011 2012 Change電源及零組件(Power Electronics) 107,145 106,665 0%能源管理(Energy Management) 23,873 29,665 24%智能綠生活(Smart Green Life) 28,005 30,084 7%其他(Others) 3,451 5,346 55%總計(Total) 162,474 171,760 6%

25Delta Confidential

營業毛利Gross Profit

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

34.642.224.5%

21.3%

2011 2012

+22%

26Delta Confidential

研發費用R&D Expense

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

9.47 10.98

6.4%5.8%

2011 2012

+16%

27Delta Confidential

銷管費用SG&A Expense

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

11.98 13.82

8.0%7.4%

2011 2012

+15%

28Delta Confidential

總營業費用Operating Expense

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

21.45 24.81

14.4%13.2%

2011 2012

+15%

29Delta Confidential

營業淨利Operating Profit

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

13.1617.35

10.1%8.1%

2011 2012

+32%

30Delta Confidential

主要部門營業淨利Operating Profit by Sector

單位：新台幣百萬元Unit: NT$ million

2011 2012電源及零組件(Power Electronics) 12,155 14,333能源管理(Energy Management) 3,148 4,176智能綠生活(Smart Green Life) 986 1,687

31Delta Confidential

業外損益Non-Operating Profit

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

5.154.26

2.6% 3.0%

2011 2012

+21%

32Delta Confidential

業外損益細項Non-Operating Income Breakdown

單位：新台幣百萬元Unit: NT$ million

2011 2012處分投資(Investment disposal) 270 1,565 投資損益(Investment income) 498 732 利息收益(Interest income) 525 538 其他業外損益(Others) 2,967 2,319 合計(Total) 4,260 5,154

33Delta Confidential

稅前淨利Net Income Before Tax

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

17.4222.51

13.1%10.7%

2011 2012

+29%

34Delta Confidential

所得稅與少數股權Tax & Minority Interest

單位：新台幣百萬元Unit: NT$ million

2011 2012稅前淨利(Net income before tax) 17,421 22,506所得稅(Tax) (3,121) (3,349)非常利益(Extraordinary) 206 -停業部門損失(Loss from discontinuedbusiness) (2,541) (1,940)少數股權淨利(Minority interest) (974) (1,108)稅後淨利(Net income after tax) 10,991 16,110

35Delta Confidential

稅後淨利Net Income After Tax

單位：新台幣十億元及營收百分比Unit: NT$ billion & % of sales

10.9916.11

9.4%6.8%

2011 2012

+47%

36Delta Confidential

每股淨利(新台幣元)EPS (unit: NT$)

*每股盈餘之設算基於加權平均股數24.11億股*EPS based on weighted average shares outstanding of 2,411 million shares.

4.566.68

2011 2012

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現金股利每股5.3元Cash dividend per share: NT$5.3

董事會建議盈餘分配Proposed Earnings Distribution

盈餘分配Earnings distribution

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