Page 207 - 2017 TSMC Annual Report

g. Integrated income tax information
December 31, 2017
Balance of the Imputation
Credit Account - TSMC $ 114,264,283
December 31, 2016
$ 82,072,562
The estimated and actual creditable ratio for distribution of TSMC’s earnings of 2017 and 2016 were 14.69% and 13.90%, respectively; while the creditable ratio for individual shareholders residing in the R.O.C. is half of the original creditable ratio according to the R.O.C. Income Tax Law. However, effective from January 1, 2018, integrated income tax system were abrogated and imputation credit account is no longer applicable based on amended R.O.C. Income Tax Law in January 2018.
All of TSMC’s earnings generated prior to December 31, 1997 have been appropriated. h. Income tax examination
The tax authorities have examined income tax returns of TSMC through 2014. All investment tax credit adjustments assessed by the tax authorities have been recognized accordingly.
30. EARNINGS PER SHARE
Basic EPS Diluted EPS
EPS is computed as follows:
Year ended December 31, 2017
Basic/Diluted EPS
Net income available to common shareholders
of the parent
Year ended December 31, 2016
Basic/Diluted EPS
Net income available to common shareholders
of the parent
Years Ended December 31
Amounts (Numerator)
$ 343,111,476
$ 334,247,180
2017
$ 13.23 $ 13.23
Number of Shares (Denominator) (In Thousands)
25,930,380
25,930,380
2016
$ 12.89 $ 12.89
EPS (NT$)
$ 13.23
$ 12.89
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