Page 166 - 2017 TSMC Annual Report

Financial Assets
FVTPL
- Debt instruments Add: From available
sale
FVTOCI
- Equity instruments Add: From available
sale
- Debt instruments
Add: From available sale
Amortized cost
Add: From held to maturity
Add: From loans and receivables
Hedging instruments
Total
$
569,751
- 569,751
-
- - -
-
-
- 34,394
604,145
$
- $
- $
2018 Note
-
10,085 (3)
for
for for
779,489 ------
Investments accounted for using equity method
$
$
(25,726)
Carrying Amount as of December 31, 2017 (IAS 39)
Reclassifi- cations
779,489
Remea- surements
Carrying Amount as of January 1, 2018 (IFRS 9)
- $ 569,751 $
- 779,489
Retained Earnings Effect on January 1, 2018
(10,085 )
Other Equity Effect on January 1,
$
$ 1,203,648
Adjustments Arising from Initial Application
$ 8,258
$
$
(285,115 )
7,422,311
90,046,610 97,468,921
967,127
8,389,438
90,046,610 98,436,048 -
20,813,462
684,661,427 705,474,889 34,394
$ 805,294,571
Carrying Amount as of January 1, 2018 (IFRS 9)
$ 17,869,746
1,294,528
(30,658 ) 1,263,870 -
(8,252
244,773 236,521 -
1,490,306
(325,858 ) (2)
30,658 (3) (295,200 )
-
- (4)
- (1) -
-
20,821,714
684,416,654 705,238,368
$ 803,486,778
Carrying Amount as of December 31, 2017
(IAS 39)
$ 17,861,488
(8,252
244,773
)
)
- 967,127 --
236,521 --
(1) Cash and cash equivalents, notes and accounts receivable (including related parties), other
receivables and refundable deposits were classified as loans and receivables under IAS 39 are now classified at amortized cost with assessment of future 12-month or lifetime expected credit loss under IFRS 9. As a result of retrospective application, the adjustments for accounts receivable would result in a decrease in loss of allowance of NT$244,773 thousand and an increase in retained earnings of NT$244,773 thousand on January 1, 2018.
(2) As equity investments that were previously classified as available-for-sale financial assets under IAS 39 are not held for trading, the Company elected to designate all of these investments as at FVTOCI under IFRS 9. As a result, the related other equity-unrealized gain/loss on available-for-sale financial assets of NT$228,304 thousand is reclassified to increase other equity - unrealized gain/loss on financial assets at FVTOCI.
As equity investments previously measured at cost under IAS 39 are remeasured at fair value under IFRS 9, the adjustments would result in an increase in financial assets at FVTOCI of NT$967,127 thousand, an increase in other equity-unrealized gain/loss on financial assets at FVTOCI of NT$968,670 thousand and a decrease in noncontrolling interests of NT$1,543 thousand on January 1, 2018.
For those equity investments previously classified as available-for-sale financial assets (including measured at cost financial assets) under IAS 39, the impairment losses that the Company had recognized have been accumulated in retained earnings. Since these investments were designated as at FVTOCI under IFRS 9 and no impairment assessment is required, the adjustments would result in a decrease in other equity - unrealized gain/loss on financial assets at FVTOCI of NT$1,294,528 thousand and an increase in retained earnings of NT$1,294,528 thousand on January 1, 2018.
- 18 -
- 18 -
- 1,349,240
(10,085 )
10,085
Retained Earnings Effect on January 1, 2018
33,984
Other Equity Effect on January 1, 2018
Note
(5)