FIH MOBILE LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
FIH Mobile Limited富富富富智智智智康康康康集集集集團團團團有有有有限限限限公公公公司司司司
(incorporated in the Cayman Islands with limited liability)
(Stock Code: 2038)
CERTAIN FINANCIAL INFORMATION FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2016This announcement is made by FIH Mobile Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Pursuant to applicable disclosure requirements laid down by the Taiwan Stock Exchange Corporation, Hon Hai Precision Industry Co. Ltd.* (the Company's ultimate controlling shareholder whose shares are listed on the Taiwan Stock Exchange Corporation) is required to disclose on the date of this announcement certain unaudited consolidated financial information of the Group for the nine months ended 30 September 2016.
In order to facilitate timely dissemination of information to investors and potential investors in Hong Kong and Taiwan, the Company's board of directors (the "Board") would like to inform the Company's shareholders and potential investors of the following unaudited consolidated financial information of the Group for the nine months ended 30 September 2016, which is extracted from the Group's latest unaudited management accounts and other information currently available:
IMPORTANT As mentioned above, the Group's results for the nine months ended 30 September 2016 set out in this announcement are unaudited, but have been reviewed in accordance with the relevant financial standards. The Group's results of operations in the past have fluctuated and may in the future continue to fluctuate (possibly significantly) from one period to another period. Accordingly, the Group's results of operations for any period should not be considered to be indicative of the results to be expected for any future period, and shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares in the Company. Condensed Consolidated Statement of Financial PositionAs at
30 September 2016 US$'000 | 31 December 2015 US$'000 | 30 September 2015 US$'000 | |
Current assets | 4,583,379 | 4,535,659 | 4,836,561 |
Non-current assets | 1,313,782 | 1,269,356 | 1,322,525 |
Current liabilities | (2,299,291) | (2,022,232) | (2,360,030) |
Non-current liabilities | (31,559) | (27,369) | (37,614) |
Total net assets | 3,566,311 | 3,755,414 | 3,761,442 |
For the period from 1 July to 30 September
2016 US$'000 | 2015 US$'000 | |
Revenue and other operating revenue | 1,686,120 | 1,903,554 |
Profit for the period from continuing operations | 44,628 | 51,337 |
Other comprehensive expense, net of tax | (12,782) | (160,437) |
Total comprehensive income (expense) for the period | 31,846 | (109,100) |
Comprehensive expense attributable to
non-controlling interest (350) (641)
For the nine-month period ended 30 September
2016 US$'000 | 2015 US$'000 | |
Revenue and other operating revenue | 4,114,604 | 5,880,222 |
Profit for the period from continuing operations | 65,451 | 179,901 |
Other comprehensive expense, net of tax | (70,924) | (179,434) |
Total comprehensive (expense) income for the period | (5,473) | 467 |
Comprehensive expense attributable to
non-controlling interest (1,023) (1,395)
Condensed Consolidated Statement of Cash FlowsFor the nine-month period ended 30 September
2016 US$'000 | 2015 US$'000 | |
Net cash from operating activities | 295,811 | 678,044 |
Net cash used in investing activities | (657,427) | (377,163) |
Net cash used in financing activities | (221,545) | (349,917) |
Effect of foreign exchange changes | (44,623) | (43,921) |
Net decrease in cash and cash equivalents | (627,784) | (92,957) |
Cash and cash equivalents, beginning of period | 1,950,305 | 1,844,192 |
Cash and cash equivalents, end of period | 1,322,521 | 1,751,235 |
The above information is subject to possible adjustments following further internal review, and is not based on any figure(s) or information which has/have been reviewed by the Company's auditors or audit committee.
The Group's finalised audited consolidated final results and other related details will be disclosed in the 2016 final results announcement and annual report to be published by the Company.
Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.By Order of the Board Tong Wen-hsin Chairman
Hong Kong, 14 November 2016
As at the date of this announcement, the executive directors of the Company are Messrs. Tong Wen-hsin, Chih Yu Yang and Wang Chien Ho, and the independent non-executive directors of the Company are Messrs. Lau Siu Ki and Chen Fung Ming and Dr. Daniel Joseph Mehan.
* For identification purposes only
FIH Mobile Limited published this content on 14 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 November 2016 10:52:03 UTC.
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