Page 201 - TSMC 2018 Annual Report

Issuance Tranche
102-4 B 102-4 C
D E F
Issuance Period
September 2013 to September 2017
September 2013 to March 2019
September 2013 to March 2021
September 2013 to March 2023
September 2013 to September 2023
Total Amount
Coupon Rate
1.45% 1.60%
1.85% 2.05% 2.10%
Repayment and Interest Payment
Bullet repayment; interest payable annually
Bullet repayment; interest payable annually (interest for the six months prior to maturity will accrue on the basis of actual days and be repayable at maturity)
The same as above
The same as above
Bullet repayment; interest payable annually
(Concluded)
The major terms of overseas unsecured bonds are as follows:
Total Amount (US$
Issuance Period in Thousands)
April 2013 to April 2018 US$1,150,000
23. RETIREMENTBENEFITPLANS
a. Defined contribution plans
Coupon Rate
1.625%
Repayment and Interest Payment
Bullet repayment; interest payable semi-annually
$
1,500,000 1,400,000
2,600,000 5,400,000 2,600,000
The plan under the R.O.C. Labor Pension Act (the “Act”) is deemed a defined contribution plan. Pursuant to the Act, TSMC, Mutual-Pak and VisEra Tech have made monthly contributions equal to 6% of each employee’s monthly salary to employees’ pension accounts. Furthermore, TSMC North America, TSMC China, TSMC Nanjing, TSMC Europe, TSMC Canada, TSMC Technology and TSMC Solar Europe GmbH also make monthly contributions at certain percentages of the basic salary of their employees. Accordingly, the Company recognized expenses of NT$2,568,945 thousand and NT$2,369,940 thousand for the years ended December 31, 2018 and 2017, respectively.
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