6-K

FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

April 30, 2004

Commission File Number 001-31335

AU Optronics Corp.
(Translation of registrant’s name into English)

No. 1 Li-Hsin Road 2
Science-Based Industrial Park
Hsinchu, Taiwan
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F  X   Form 40-F ___

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
____

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
____

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the



jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ___ No   X  

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
Not applicable





INDEX TO EXHIBITS

Item  
   
1.

Taiwan Stock Exchange filing entitled, “FY2004 Financial Forecast (Unconsolidated)”, dated April 27, 2004




Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

  AU Optronics Corp.
     
     
Date: April 30, 2004 By: /s/ Max Weishun Cheng                
    Name: Max Weishun Cheng
    Title: Chief Financial Officer




Item 1

AU Optronics Corp.
April 27, 2004
English Language Summary


Subject: FY 2004 Financial Forecast (Unconsolidated)
Regulation: Published pursuant to Article 2-13 of the Taiwan Stock Exchange's Operating Procedures for the Publication of Material Information by Listed Companies

Content:

  1. Fiscal year of the financial forecast: 2004
  2. Date of preparation, correction, updating of the financial forecast: 2004/04/27
  3. Reason for preparation of the financial forecast: Cumulative changes reached one-third or more within the same term of the Board
  4. Name of the reviewing CPA and date of review: Alfred S. H. Wei and Alfred Chen of KPMG Certified Public Accountants on April 23, 2004.
  5. Date of the board of directors resolution: 2004/04/27
  6. Date of public announcement: 2004/04/27
  7. Monetary amounts of major accounting items of the balance sheet and income statement:
   Balance Sheet (Unconsolidated) 2004 (Forecast)   2003 (Actual)   2002 (Actual)  
 
 
 
 
Current assets $ 71,931,243   50,147,672   49,035,593  
   Long-term investments   5,222,103   3,240,924   1,114,941  
   Net property, plant and equipment   159,443,702   94,842,300   68,378,582  
   Intangible assets – patents   1,944,139   2,237,936   2,984,455  
   Other assets   3,080,586   3,381,704   5,107,977  
   Current liabilities   52,033,118   39,622,505   23,519,728  
   Long-term liabilities   36,602,700   21,253,410   25,162,713  
   Other liabilities   552,746   320,094   111,063  
   Common stock   49,580,409   43,522,372   40,242,957  
   Capital surplus   53,197,790   32,197,790   31,718,116  
   Retained earnings   49,978,560   17,180,927   6,022,669  
   Cumulative translation adjustment   (72,569 ) 4,419   27,151  
   Treasury stock   (250,981 ) (250,981 ) (182,849 )
   Total assets   241,621,773   153,850,536   126,621,548  
   Total liability   89,188,564   61,196,009   48,793,504  
   Total stockholders’ equity   152,433,209   92,654,527   77,828,044  
   Net worth per share   30.74   21.29   19.34  
               
   Income Statement (Unconsolidated) 2004 (Forecast)   2003 (Actual)   2002 (Actual)  
 
 
 
 
   Net sales $ 186,970,371   97,610,121   75,507,279  
   Cost of goods sold   134,367,267   75,289,562   62,766,229  
   Gross profit (loss)   52,603,104   22,320,559   12,741,050  
   Operating expenses:   10,467,403   6,750,290   4,134,146  
   Operating income (loss)   42,135,701   15,570,269   8,606,904  
   Non-operating income   320,639   1,130,097   532,108  
   Non-operating expenses and losses:   910,145   1,127,107   3,116,315  
   Income (loss) before income tax   41,546,195   15,573,259   6,022,697  
   Income tax expense (benefit)   (110,169 ) (86,669 ) 28  
   Net income (loss)   41,656,364   15,659,928   6,022,669  
  1. Reason for the correction or update and monetary amount affected: N/A
  2. CPA review opinion (please enter: "Standard (or Adverse or Disclaimer of) Review report"; if a non-standard review report, please further enter the explanation section and the conclusion of the review opinion): Standard Review report
  3. Any other matters that need to be specified: N/A