Page 206 - 2017 TSMC Annual Report

Deferred income tax assets
Operating loss carryforward
Deferred income tax liabilities
Temporary differences Available-for-sale financial assets Unrealized exchange gains
(9,836 ) (77,454 ) 14,518 (35 )
$ 6,384,974 $ 1,823,724
$ (31,271) $ - - (48,736 )
$ (31,271 ) $ (48,736 )
d. The investment operating loss carryforward and deductible temporary differences for which no deferred income tax assets have been recognized
The information of the operating loss carryforward for which no deferred tax assets have been recognized was as follows:
Expiry period
1-4years $ 5 - 10 years
$
- -
-
As of December 31, 2017 and 2016, the aggregate deductible temporary differences for which no deferred income tax assets have been recognized amounted to NT$26,536,307 thousand and NT$1,919,784 thousand, respectively.
e. Unused tax-exemption information
As of December 31, 2017, the profits generated from the following projects of TSMC are exempt from income tax for a five-year period:
Construction and expansion of 2007 by TSMC Construction and expansion of 2008 by TSMC Construction and expansion of 2009 by TSMC
Tax-exemption Period
2014 to 2018 2015 to 2019 2018 to 2022
f. The information of unrecognized deferred income tax liabilities associated with investments
As of December 31, 2017 and 2016, the aggregate taxable temporary differences associated with investments in subsidiaries not recognized as deferred income tax liabilities amounted to NT$95,003,344 thousand and NT$83,181,401 thousand, respectively.
- 58 -
- 58 -
Year Ended December 31, 2016 Recognized in
Balance, Beginning of Year
Temporary differences
Depreciation
Provision for sales returns and allowance
Net defined benefit liability
Unrealized loss on inventories
Deferred compensation cost
Goodwill from business combination
Others 531,449
Profit or Loss
1,437,648 371,410
(82,810 ) 115,490 69,311
Other Comprehensive Income
Effect of Exchange Rate Changes
Balance, End of Year
$ 2,852,961 $ 1,141,511
$
$
$
$
- $ (46,395 )
- (860 ) 126,867 -
- (984 ) - (6,854 ) - (189 ) - (8,862 ) - -
126,867 $ (64,144 )
(61,176) $ - - -
(61,176 ) $ -
$
$
$
$
4,244,214 1,512,061 939,543 737,247 378,740 - 445,133 14,483
8,271,421
(92,447) (48,736)
(141,183 )
895,486 622,741 316,283
10,025
December 31, 2017
December 31, 2016
$ 136,703 41,389
$ 178,092