SGS-THOMSON MICROELECTRONICS 1996 EARNINGS INCREASE 19% ON 16% REVENUE GAIN
1996 Net earnings rise to $625 Million

SGS-THOMSON Microelectronics NV
Selected Consolidated Financial Data

(In millions of US dollars)

Consolidated Balance Sheet Data (end of period)	December 31, 1996	December 31, 1995
Cash, cash equivalents and marketable securities	556.4	758.4
Working capital	611.8	417.4
Total assets	5005.5	4486.0
Short-term debt (including current portion of long-term debt)	428.2	492.8
Long-term debt (excluding current portion)	194.9	200.7
Shareholders' equity	3260.0	2661.7
Consolidated Operating Data (Year ended)	December 31, 1996	December 31, 1995
Capital expenditures	1125.2	1001.9
Net cash from operating activities	980.7	825.1
Net operating cash flow	-141.4	-173.9
Depreciation and amortization	535.9	392.4