Page 67 - 2017 TSMC Annual Report

4 1 1 12 Compensation to to to Directors and Profit Sharing Bonus to to to Employees
Based on
on
on
TSMC’s Articles of Incorporation before paying dividends or or or or or bonuses to shareholders TSMC TSMC shall set aside not more than 0 3% of of of its annual profit profit to to to directors as as compensation and not less than 1% to to to employees as as profit profit sharing bonus As resolved by TSMC’s Board of of Directors on
on
on
February 13 2018 a a a a a a a profit sharing bonus to to employees was expensed based on
on
on
a a a a a a a certain percentage of of of 2017 profit compensation to to directors was expensed based on
on
the the estimated amount of of of payment If the the actual amounts amounts subsequently paid paid differ differ from the the the above estimated amounts amounts the the the differences will be recorded in the the the year paid paid as a a a a a a a a a a a change in in accounting estimate 2017 Directors’ Compensation and Employees’ Profit Sharing Bonus Directors’ Compensation (Cash) Employee’s Pro t Sharing Bonus (Cash) Total
368 919 380 23 019 082 263 23 388 001 643
Board Resolution (02/13/2018)
Amount (NT$)
Note: NT$23 019 082 263 employees’ employees’ cash bonus bonus has already been distributed distributed following each quarter of 2017 The above employees’ employees’ pro t t t t t t t sharing bonus bonus will be be distributed distributed in in in July 2018 2016 Directors’ Compensation and Employees’ Profit Sharing Bonus Directors’ Compensation (Cash) Employees’ Pro t Sharing Bonus (Cash) Total
376 432 200 22 418 339 262 22 794 771 462
Board Resolution (02/14/2017)
Amount (NT$)
Actual Result (Note)
Amount (NT$)
376 432 200 22 418 339 262 22 794 771 462
Note: The above Directors’ Compensation and and Employees’ Pro t t t t t t t t t t t t t t t Sharing Bonus were were expensed under the the the Company’s 2016 statement of of comprehensive income and and the the the same amounts were were approved by the Board of Directors Directors at at its meeting on
on
February 14 2017 4 1 1 1 13 Impact to to 2018 Business Performance and EPS Resulting from Stock Dividend Distribution: Not applicable 4 4 1 1 14 Buyback of Common Stock: None 065