VANGUARD INTERNATIONAL SEMICONDUCTOR CORPORATION CONSOLIDATED BALANCE SHEETS

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Abigayle Joseph
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1 CONSOLIDATED BALANCE SHEETS As of Dec. 31, 2014 and 2013 Dec. 31, 2014 Dec. 31, 2013 YoY ASSETS USD NTD % NTD % Move Inc(Dec)% Cash and Cash Equivalents , , , Investments in Marketable Financial Instruments 38 1, Accounts Receivable 126 3, , Inventories 79 2, , Other Current Assets Total Current Assets , , , Investments (38) (11.1) Property, Plant and Equipment 253 7, , , Other Assets Total Assets 1,068 33, , , LIABILITIES Accounts Payable & Other Current Liabilities 171 5, , , Other Long Term Liabilities Total Liabilities 197 6, , , SHAREHOLDERS' EQUITY Capital Stock , , Capital Surplus Retained Earnings - Legal Reserve 81 2, , Special Reserve (15) (22.1) - Unappropriated earnings 246 7, , , Other equity (2) (71) (0.2) (54) (0.2) (17) 31.3 Treasury Stock (0) (10) (0.0) (487) (1.7) 477 (98.0) Total Shareholders' Equity , , , Total Liabilities & Shareholders' Equity 1,068 33, , , * New Taiwan Dollar amounts have been translated into U.S. Dollars at the rate of NT$ per U.S. Dollar as of Dec. 31, 2014.

2 CONSOLIDATED BALANCE SHEETS As of Dec. 31, 2014 and Sep. 30, 2014 Dec. 31, 2014 Sep. 30, 2014 QoQ ASSETS USD NTD % NTD % Move Inc(Dec)% Cash and Cash Equivalents , , Investments in Marketable Financial Instruments 38 1, Accounts Receivable 126 3, , Inventories 79 2, , Other Current Assets (66) (19.2) Total Current Assets , , , Investments (16) (4.9) Property, Plant and Equipment 253 7, , Other Assets Total Assets 1,068 33, , , LIABILITIES Accounts Payable & Other Current Liabilities 171 5, , Other Long Term Liabilities Total Liabilities 197 6, , SHAREHOLDERS' EQUITY Capital Stock , , Capital Surplus Retained Earnings - Legal Reserve 81 2, , Special Reserve Unappropriated earnings 246 7, , , Other equity (2) (71) (0.2) (66) (0.2) (5) 7.0 Treasury Stock (0) (10) (0.0) (13) (0.0) 3 (21.8) Total Shareholders' Equity , , , Total Liabilities & Shareholders' Equity 1,068 33, , , * New Taiwan Dollar amounts have been translated into U.S. Dollars at the rate of NT$ per U.S. Dollar as of Dec. 31, 2014.

3 Vanguard International Semiconductor Corporation Consolidated Statements of Comprehensive Income For the Three Months Ended Dec. 31, 2014, Sep. 30, 2014, Dec. 31, 2013 (Expressed in Millions New Taiwan Dollars (NTD) and U.S. Dollars (USD) (1) Except for Per Share Amounts and Shares Outstanding) Year over Year Comparison Sequential Comparison 4Q 2014 % of 4Q 2013 YoY 4Q 2014 % of 3Q 2014 QoQ USD NTD Sales NTD Inc(Dec) % USD NTD Sales NTD Inc(Dec) % Net Revenue 210 6, , , , Cost of Revenue (136) (4,171) (65.0) (3,597) 16.0 (136) (4,171) (65.0) (4,076) 2.3 Gross Profit 73 2, , , , Operating Expenses General and Administrative Expenses (8) (259) (4.0) (248) 4.3 (8) (259) (4.0) (256) 0.9 Selling and Marketing Expenses (2) (58) (0.9) (66) (11.9) (2) (58) (0.9) (61) (4.4) Research and Development Expenses (11) (334) (5.2) (247) 35.0 (11) (334) (5.2) (302) 10.6 Total Operating Expenses (21) (651) (10.1) (561) 15.9 (21) (651) (10.1) (619) 5.1 Income From Operations 52 1, , , , Investment Loss (0) (2) (0.0) (3) (37.5) (0) (2) (0.0) (2) 30.1 Net Other Non-operating Income Income before Income Tax 56 1, , , , Income Tax Expense (8) (250) (3.9) (183) 37.1 (8) (250) (3.9) (252) (0.8) Net Income 47 1, , , , Other Comprehensive Loss (2) (53) (0.8) (14) (2) (53) (0.8) (5) Comprehensive Income 46 1, , , , Diluted Earnings Per Share (2) Weighted Average Outstanding Shares('M) (2) 1,654 1,617 1,654 1,650 Note: (1) New Taiwan dollars have been translated into U.S. dollars at the weighted average rate of NTD per U.S. dollar for the three months ended Dec. 31, (2) Total weighted average outstanding shares were 1,654,363K shares for 4Q14, 1,650,240K shares for 3Q14 and 1,616,938K shares for 4Q13.

4 Vanguard International Semiconductor Corporation Consolidated Statements of Comprehensive Income For the Years Ended Dec. 31, 2014 and 2013 (Expressed in Millions New Taiwan Dollars (NTD) and U.S. Dollars (USD) (1) Except for Per Share Amounts and Shares Outstanding) Years ended Dec % of 2013 YoY USD NTD Sales NTD Inc(Dec) % Net Revenue , % 21, Cost of Revenue (507) (15,318) -64.0% (14,272) 7.3 Gross Profit 285 8, % 6, Operating Expenses General and Administrative Expenses (32) (969) -4.1% (831) 16.7 Selling and Marketing Expenses (8) (248) -1.0% (211) 17.4 Research and Development Expenses (39) (1,192) -5.0% (984) 21.2 Total Operating Expenses (80) (2,409) -10.1% (2,026) 18.9 Income From Operations 205 6, % 4, Investment Gain (Loss) % (1) - Net Other Non-operating Income % Income before Income Tax 215 6, % 5, Income Tax Expense (35) (1,056) -4.4% (691) 52.7 Net Income 180 5, % 4, Other Comprehensive Loss (2) (66) -0.3% (7) Comprehensive Income 178 5, % 4, Diluted Earnings Per Share (2) Weighted Average Outstanding Shares('M) (2) 1,649 1,610 Note: (1) New Taiwan Dollars have been translated into U.S. Dollars at the weighted average rate of NTD per U.S. Dollar for the year of (2) Total weighted average outstanding shares were 1,648,514K for the year of 2014 and 1,610,258K shares for the year of 2013.

5 CONSOLIDATED STATEMENTS OF CASH FLOWS For the Years Ended Dec. 31, 2014 and USD NTD NTD Cash Flows from Operating Activities: Income before Income Tax 215 6,494 5,062 Depreciation & Amortization 69 2,081 2,277 Shares of loss of associates accounted for using equity method Income Taxes paid (18) (544) (331) Changes in working capital & others (46) (1,378) 505 Net Cash Provided by Operating Activities 221 6,666 7,533 Cash Flows from Investing Activities: Increase in financial assets (3) (98) (196) Acquisitions of property, plant and equipment (103) (3,120) (953) Increase in other financial assets (1) (33) (461) Increase in intangible assets (1) (29) (14) Dividends received Other (0) (1) 2 Net Cash Used in Investing Activities (108) (3,260) (1,609) Cash Flows from Financing Activities: Increase in other non-current liabilities Cash dividends (95) (2,873) (1,552) Proceeds from exercise of employee stock options Treasury stock transfer to employees Net Cash Used in Financing Activities (76) (2,311) (974) Net Increase in Cash and Cash Equivalents 36 1,095 4,950 Effect of Exchange Rate Changes Cash and Cash Equivalents, Beginning of Period ,042 11,090 Cash and Cash Equivalents, End of Period ,150 16,042 Note: New Taiwan Dollars have been translated into U.S. Dollars at the weighted average rate of NTD per U.S. Dollar for the Year of 2014.

VANGUARD INTERNATIONAL SEMICONDUCTOR CORPORATION CONSOLIDATED BALANCE SHEETS

VANGUARD INTERNATIONAL SEMICONDUCTOR CORPORATION CONSOLIDATED BALANCE SHEETS CONSOLIDATED BALANCE SHEETS As of Sep. 30, 2015 and 2014 (Figures in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD)) (1) Sep. 30, 2015 Sep. 30, 2014 (2) YoY ASSETS USD NTD % NTD % Move Inc(Dec)%