Semiconductor manufacturing international corp (SMI)
Balance Sheet / TTM
Dec'17Dec'16Dec'15Dec'11Dec'10Dec'09Dec'08
Assets
Non-current assets
Property, plant and equipment

6,523

5,687

3,903

-

-

-

-

Land use right

97

99

91

-

-

-

-

Intangible assets

219

248

224

-

-

-

-

Investments in associates

758

240

181

-

-

-

-

Investments in joint ventures

31

14

17

-

-

-

-

Deferred tax assets

44

45

44

-

-

-

-

Derivative financial instrument

-

32

30

-

-

-

-

Other financial assets

17

-

-

-

-

-

-

Restricted cash

13

20

-

-

-

-

-

Other assets

42

42

32

-

-

-

-

Total non-current assets

7,749

6,431

4,525

-

-

-

-

Current assets
Inventories

622

464

387

-

-

-

-

Prepayment and prepaid operating expenses

34

27

40

-

-

-

-

Trade and other receivables

616

645

499

-

-

-

-

Other financial assets

683

31

282

-

-

-

-

Restricted cash

336

337

302

-

-

-

-

Cash and cash equivalent

1,838

2,126

1,005

-

-

-

-

Total current assets other than non-current assets or assets classified as held-for-sale

4,131

3,632

2,517

-

-

-

-

Assets classified as held-for-sale

37

50

72

-

-

-

-

Total current assets

4,168

3,683

2,590

-

-

-

-

Cash and cash equivalents

-

-

-

261

515

443

450

Restricted cash

-

-

-

136

161

20

6

Short-term investments

-

-

-

-

-

-

19

Accounts receivable, net of allowances of $42,820,668;$49,373,296 and $96,144,543 at December 31, 2011, 2010 and 2009, respectively

-

-

-

165

206

204

199

Inventories

-

-

-

207

213

193

171

Prepaid expense and other current assets

-

-

-

90

78

28

56

Receivable for sale of equipment and other fixed assets

-

-

-

-

-

-

23

Assets held for sale

-

-

-

0

0

8

0

Current portion of deferred tax assets

-

-

-

3

3

8

0

Total current assets

-

-

-

864

1,179

907

926

Prepaid land use rights

-

-

-

77

78

78

74

Plant and equipment, net

-

-

-

2,516

2,351

2,251

2,963

Acquired intangible assets, net

-

-

-

179

173

182

200

Equity investment

-

-

-

19

9

9

11

Deferred cost, net

-

-

-

-

-

-

47

Other long-term assets

-

-

-

41

0

0

1

Deferred tax assets

-

-

-

28

109

94

45

Total assets

11,918

10,115

7,115

3,727

3,902

3,524

4,270

Equity and liabilities
Capital and reserves
Ordinary shares, $0.004 par value, 10,000,000,000 shares authorized, 4,916,106,889, 4,252,922,259 and 4,207,374,896 shares issued and outstanding at December 31, 2017, 2016 and 2015, respectively

19

17

16

-

-

-

-

Share premium

4,827

4,950

4,903

-

-

-

-

Reserves

134

93

96

-

-

-

-

Retained earnings (accumulated deficit)

187

-910

-1,287

-

-

-

-

Equity attributable to owners of the Company

5,168

4,150

3,729

-

-

-

-

Perpetual subordinated convertible securities

64

-

-

-

-

-

-

Non-controlling interests

1,488

1,252

460

-

-

-

-

Total equity

6,721

5,403

4,190

-

-

-

-

Non-current liabilities
Borrowings

1,743

1,233

416

-

-

-

-

Convertible bonds

403

395

-

-

-

-

-

Bonds payable

496

494

493

-

-

-

-

Medium-term notes

228

214

-

-

-

-

-

Deferred tax liabilities

16

15

7

-

-

-

-

Deferred government funding

299

265

175

-

-

-

-

Other financial liabilities

1

74

-

-

-

-

-

Other liabilities

99

37

65

-

-

-

-

Total non-current liabilities

3,290

2,731

1,157

-

-

-

-

Current liabilities
Trade and other payables

1,050

940

1,047

-

-

-

-

Borrowings

440

209

113

-

-

-

-

Short-term notes

-

86

-

-

-

-

-

Convertible bonds

-

391

392

-

-

-

-

Deferred government funding

193

116

79

-

-

-

-

Accrued liabilities

180

230

132

-

-

-

-

Other financial liabilities

0

6

1

-

-

-

-

Current tax liabilities

0

0

0

-

-

-

-

Other liabilities

40

-

-

-

-

-

-

Total current liabilities

1,906

1,980

1,767

-

-

-

-

Accounts payable

-

-

-

280

515

228

185

Short-term borrowings

-

-

-

607

372

286

201

Current portion of long-term debt

-

-

-

191

333

205

360

Accrued expenses and other current liabilities

-

-

-

142

146

111

122

Current portion of promissory notes

-

-

-

29

29

78

-

Commitment to issue shares and warrants relating to litigation settlement

-

-

-

0

0

120

0

Current portion of promissory notes

-

-

-

-

-

-

29

Income tax payable

-

-

-

0

1

0

0

Total current liabilities

-

-

-

1,251

1,399

1,031

899

Non-current portion of promissory notes

-

-

-

28

56

83

23

Long-term debt

-

-

-

72

178

550

536

Government subsidy - deferred portion

-

-

-

125

49

0

-

Long-term payables relating to license agreements

-

-

-

-

-

-

18

Other long-term liabilities

-

-

-

0

9

25

0

Deferred tax liabilities

-

-

-

1

1

1

0

Total long-term liabilities

-

-

-

227

294

661

578

Total liabilities

5,197

4,712

2,925

1,478

1,694

1,692

1,478

Total equity and liabilities

11,918

10,115

7,115

-

-

-

-

Noncontrolling interest

-

-

-

4

39

34

-

Commitments

-

-

-

0

0

0

-

Non-controlling interest

-

-

-

-

-

-

42

Ordinary shares, $0.0004 par value, 50,000,000,000 shares authorized, 27,487,676,065, 27,334,063,747 and 22,375,886,604 shares issued and outstanding at December 31, 2011, 2010 and 2009, respectively

-

-

-

10

10

8

8

Additional paid-in capital

-

-

-

4,240

3,858

3,499

3,489

Convertible Preferred Shares, $0.0004 par value, 5,000,000,000 shares authorized, 445,545,911 shares, nil and nil issued and outstanding at December 31, 2011, 2010 and 2009, respectively

-

-

-

0

0

0

-

Accumulated other comprehensive income (loss)

-

-

-

3

-1

-0

-0

Accumulated deficit

-

-

-

-2,010

-1,698

-1,712

-748

Total equity

-

-

-

2,244

2,169

1,796

2,749

TOTAL LIABILITIES, NONCONTROLLING INTEREST AND EQUITY

-

-

-

3,727

3,902

3,524

4,270

Net current (liabilities) assets

-

-

-

-386

-220

-124

-

Total assets less current liabilities

-

-

-

2,476

2,503

2,492

-