Page 196 - 2017 TSMC Annual Report

The pension costs of the aforementioned defined benefit plans were recognized in profit or loss by the following categories:
Years Ended December 31
Cost of revenue
Research and development expenses General and administrative expenses Marketing expenses
$
2017
175,357 75,340 16,669
2016
$ 176,977 73,395 17,367 4,402
$ 272,141
4,185 $ 271,551
The amounts arising from the defined benefit obligation of the Company were as follows:
Present value of defined benefit obligation Fair value of plan assets
December 31, 2017
$ 12,774,593 (3,923,889)
December 31, 2016
$ 12,480,480 (3,929,072)
$ 8,551,408
Net defined benefit liability
Movements in the present value of the defined benefit obligation were
Balance, beginning of year $ Current service cost
Interest expense
Remeasurement losses (gains):
Actuarial loss arising from experience adjustments Actuarial loss (gain) arising from changes in financial
assumptions
Actuarial loss arising from changes in demographic
assumptions
Benefits paid from plan assets
Balance, end of year $ Movements in the fair value of the plan assets were as follows:
Balance, beginning of year $ Interest income
Remeasurement losses:
Years Ended December 31
$ 8,850,704 as follows:
2017
12,480,480 145,026 185,561
483,846 (258,455)
- (261,865)
12,774,593
2016
$ 11,318,174 132,786 212,909
38,195
694,632
278,672 (194,888)
$ 12,480,480
Years Ended December 31
Return on plan assets (excluding amounts included in net interest expense)
Contributions from employer Benefits paid from plan assets
Balance, end of year
$
2017
3,929,072 59,036
(29,290) 226,936
(261,865) 3,923,889
$
$
2016
3,870,148 73,554
(45,721) 225,979
(194,888) 3,929,072
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