HMI - Consolidated Statement of Operations - Quarterly Summary

In NT$ thousands

1Q14

%

4Q13

%

1Q13

%

Net sales

1,167,655

100

1,438,301

100

1,211,870

100

Cost of sales

(345,826)

(30)

(424,235)

(29)

(358,497)

(30)

Gross profit

821,829

70

1,014,066

71

853,373

70

Research and development costs

(192,419)

(16)

(183,802)

(13)

(175,776)

(14)

Selling, general and administrative costs

(166,284)

(14)

(170,188)

(12)

(146,022)

(12)

Operating income

463,126

40

660,076

46

531,575

44

Non-operating income and expenses

167,060

14

69,065

5

38,731

3

Income before income taxes

630,186

54

729,141

51

570,306

47

Provision for income taxes

(44,537)

(4)

(26,751)

(2)

(38,767)

(3)

Net income

585,649

50

702,390

49

531,539

44

Basic EPS

8.23

10.21

8.04

For the complete financial report, please visit the HMI web site athttp://www.hermes-microvision.com/Investor/investor-3.php

distributed by