Page 183 - 2017 TSMC Annual Report

6. CASH AND CASH EQUIVALENTS
Cash and deposits in banks
Agency bonds
Commercial paper
Repurchase agreements collateralized by corporate bonds
December 31, 2017
$ 551,919,770 776,025 695,901 -
$ 553,391,696
December 31, 2016
$ 536,895,344 - 1,997,239 2,361,250
$ 541,253,833
Deposits in banks consisted of highly liquid time deposits that were readily convertible to known amounts of cash and were subject to an insignificant risk of changes in value.
7. FINANCIAL ASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS
Financial assets
Held for trading
Forward exchange contracts Cross currency swap contracts
Designated as at FVTPL
Time deposit
Forward exchange contracts
Financial liabilities
Held for trading
Forward exchange contracts
Designated as at FVTPL Forward exchange contracts
$
$ 6,451,112
December 31, 2017
$ 569,751 - 569,751
- - -
$ 569,751
$ 26,709 - $ 26,709
December 31, 2016
142,406 10,976 153,382
6,297,708 22 6,297,730
The Company entered into derivative contracts to manage exposures due to fluctuations of foreign exchange rates. These derivative contracts did not meet the criteria for hedge accounting. Therefore, the Company did not apply hedge accounting treatment for these derivative contracts.
- 35 -
- 35 -
$
$
91,585
99,550 191,135