Chartered Reports Results for Second Quarter 2007

      CHARTERED SEMICONDUCTOR MANUFACTURING LTD AND SUBSIDIARIES
      UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                     (In thousands of US Dollars)


                                              Determined in accordance
                                                    with US GAAP

                                              For The Six Months Ended
                                              ------------------------

                                                June 30,     June 30,
                                                   2006        2007
                                              ------------  ---------
CASH FLOWS FROM OPERATING ACTIVITIES

Net income (loss)                              $    34,872  $ (18,425)
Adjustments to reconcile net income (loss)
 to net cash
provided by operating activities:
  Equity in income of associated companies,
   net                                             (18,117)   (16,207)
  Cash dividends received from SMP                  20,683     13,654
  Depreciation and amortization                    264,401    242,221
  Foreign exchange loss, net                         2,503        129
  Gain on disposal of property, plant and
   equipment                                        (4,025)      (783)
  Others, net                                       16,277      5,039
Changes in assets and liabilities:
  Receivables                                      (38,460)    33,158
  Inventories                                      (33,336)   (27,105)
  Other current assets                              (3,695)      (205)
  Payables and other liabilities                    20,952     (5,371)
                                              ------------- ----------
Net cash provided by operating activities          262,055    226,105
                                              ------------- ----------

CASH FLOWS FROM INVESTING ACTIVITIES

Payments for property, plant and equipment        (231,507)  (455,144)
Payments for technology licenses                    (5,000)    (4,362)
Refundable deposits placed with a vendor           (15,000)         -
Refund of deposits placed with a vendor            111,656         11
Proceeds from sale of property, plant and
 equipment                                           8,659      4,692
Return of capital from SMP                           4,133      4,900
Others                                                (544)    (1,179)
                                              ------------- ----------
Net cash used in investing activities             (127,603)  (451,082)
                                              ------------- ----------

CASH FLOWS FROM FINANCING ACTIVITIES

Debt
  Borrowings                                       493,100    146,115
  Repayments                                      (513,548)   (86,750)
Capital lease payments                              (2,185)    (1,990)
Receipts of refundable customer deposits            45,183                  -
Refund  of  customer  deposits                                                (42,707)      (10,550)
Issuance  of  ordinary  shares                                                    1,612            1,841
(Increase)  decrease  in  cash  restricted  for
  debt  repayment                                                                          (3,593)                32
Others                                                                                              5,752              (900)
                                                                                            -------------  ----------
Net  cash  (used  in)  provided  by  financing
  activities                                                                                (16,386)        47,798
                                                                                            -------------  ----------


Effect  of  exchange  rate  changes  on  cash  and
  cash  equivalents                                                                              20                110
Net  increase  (decrease)  in  cash  and  cash
  equivalents                                                                              118,086      (177,069)
Cash  and  cash  equivalents  at  the  beginning
  of  the  period                                                                          819,856        718,982
                                                                                            -------------  ----------
Cash  and  cash  equivalents  at  the  end  of  the
  period                                                                                $      937,942    $  541,913
                                                                                            =============  ==========
 



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10  Next Page »



Review Article Be the first to review this article
 True Circuits: Ultra PLL

ClioSoft at DAC

Featured Video
Jobs
Senior Electrical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Upcoming Events
Symposium on Counterfeit Parts and Materials 2018 at College Park Marriott Hotel & Conference Center MD - Jun 26 - 28, 2018
Concar Expo 2018 at Convention Hall II Sonnenallee 225 Berlin Germany - Jun 27 - 28, 2018
Nanotech 2019 at Tokyo Big Sight East Halls 4-6 & Conference Tower Tokyo Japan - Jun 30 - 1, 2018
INMMiC 2018 at university campus of Brive La Gaillarde France - Jul 5 - 6, 2018
DownStream: Solutions for Post Processing PCB Designs
Altair
TrueCircuits: UltraPLL



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise