2002 annual report united microelectronics corporation corporate information spokesperson chitung liu finance division director 886 2 2700 6999 chitung_liu umc com deputy sandy yen the chairman and president s office senior manager sandy_yen sheng yui wang sheng_yui_wang printed on march 25 2003 3 contents letter to shareholders overview operations unconsolidated financial review consolidated analysis of position operating results risk management evaluation special disclosures us gaap adjusted statements 4 8 32 50 92 138 144 156 9 profile 11 organization 18 capital shares 24 bonds 27 preferred stock 28 american depositary receipts 30 employee option certificates 33 business scope 34 research & development achievements plans 35 market sales conditions 40 41 environmental protection labor relations 42 major agreements 43 litigation non litigated incidents 46 acquisition disposal assets 48 financing execution status 51 condensed balance sheets 52