AU OPTRONICS CORP | CIK:0001172494 |

 

The Company has two operating segments: display and solar. The display segment generally is engaged in the research, development, design, manufacturing and sale of flat panel displays and most of our products are TFT-LCD panels. The solar segment primarily is engaged in the design, manufacturing and sale of ingots, solar wafers and solar modules, as well as providing technical engineering services and maintenance services for solar system projects.

 

The Company’s operating segment information for the years ended December 31, 2017, 2016 and 2015 was as follows:

 

		For the year ended December 31, 2017
		Display			Solar			Total segments
		(in thousands)
Net revenue from external customers		$	322,335,330			18,692,937			341,028,267
Depreciation and amortization		$	34,816,463			1,613,373			36,429,836
Inventory write-down		$	3,423,097			333,629			3,756,726
Segment profit (loss)(i)		$	39,971,375			(832,251)			39,139,124
Other income									3,829,897
Other gains and losses									(976,560)
Finance costs									(2,867,861)
Share of profit of equity-accounted investees									239,006
Consolidated profit before income tax								$	39,363,606

 

		For the year ended December 31, 2016
		Display			Solar			Total segments
		(in thousands)
Net revenue from external customers		$	304,826,682			24,262,354			329,089,036
Depreciation and amortization		$	37,860,430			1,832,810			39,693,240
Inventory write-down		$	3,288,067			385,146			3,673,213
Segment profit (loss)(i)		$	12,703,548			(365,092)			12,338,456
Other income									2,380,228
Other gains and losses									(925,673)
Finance costs									(2,707,887)
Share of profit of equity-accounted investees									100,778
Consolidated profit before income tax								$	11,185,902

 

		For the year ended December 31, 2015
		Display			Solar			Total segments
		(in thousands)
Net revenue from external customers		$	333,392,294			26,954,200			360,346,494
Depreciation and amortization		$	44,790,075			2,955,774			47,745,849
Inventory write-down		$	5,607,166			54,100			5,661,266
Segment profit (loss)(i)		$	19,225,952			(1,704,804)			17,521,148
Other income									2,197,593
Other gains and losses									(9,978,320)
Finance costs									(2,591,023)
Share of profit of equity-accounted investees									449,452
Consolidated profit before income tax								$	7,598,850

 

 

The geographic breakdown for the years ended December 31, 2017, 2016 and 2015 was as follows:

 

 

		For the years ended December 31,
		2017			2016			2015
Region		(in thousands)
PRC		$	125,341,648			115,110,137			123,476,526
Taiwan			108,288,387			104,059,325			119,626,443
Japan			32,739,262			33,346,041			37,903,886
Singapore			35,939,290			31,776,305			30,210,618
Others			38,719,680			44,797,228			49,129,021
		$	341,028,267			329,089,036			360,346,494

 

 

		December 31,
		2017			2016
Region		(in thousands)
Taiwan		$	154,097,271			148,829,366
PRC			67,846,109			68,356,214
Others			11,037,333			15,383,473
		$	232,980,713			232,569,053

 

 

 

For the years ended December 31, 2017, 2016 and 2015, sales to individual customers representing greater than 10% of consolidated net revenue were as follows:

 

		For the years ended December 31,
		2017			%			2016			%			2015			%
		(in thousands)
Customer A		$	43,645,518			13			37,306,348			11			42,173,089			12

 

 

The consolidated net revenue by principal products was as follows:

 

		For the years ended December 31,
		2017			2016			2015
		(in thousands)
Products for Televisions		$	152,442,198			140,519,923			159,534,820
Products for Mobile PCs			56,209,501			52,721,494			52,488,064
Products for Mobile Devices			14,858,803			14,170,637			23,622,445
Products for Monitors			45,696,144			44,668,054			48,234,547
Products for Commercial and Others(iii)			53,128,684			52,746,574			49,512,418
Solar Products			18,692,937			24,262,354			26,954,200
Total		$	341,028,267			329,089,036			360,346,494