Page 218 - TSMC 2018 Annual Report

Note5: Including short-term loans, accounts payable (including related parties), payables to contractors and equipment suppliers, accrued expenses and other current liabilities, bonds payable, and guarantee deposits.
Financial assets
FVTPL (Note 6)
Available-for-sale financial assets (Note 7) Held-to-maturity financial assets
Hedging derivative financial assets
Loans and receivables (Note 8)
Financial liabilities
FVTPL (Note 6)
Hedging derivative financial liabilities Amortized cost (Note 9)
December 31, 2017
$ 569,751 98,248,410 20,821,714 34,394 684,416,654
$ 804,090,923
$ 26,709 15,562 340,501,266
$ 340,543,537
Note 6: Note 7: Note 8:
Note9:
Including held for trading and designated as at FVTPL. Including financial assets carried at cost.
Including cash and cash equivalents, notes and accounts receivable (including related parties), other receivables and refundable deposits.
Including short-term loans, accounts payable (including related parties), payables to contractors and equipment suppliers, accrued expenses and other current liabilities, bonds payable and guarantee deposits.
b. Financial risk management objectives
The Company seeks to ensure sufficient cost-efficient funding readily available when needed. The Company manages its exposure to foreign currency risk, interest rate risk, equity price risk, credit risk and liquidity risk with the objective to reduce the potentially adverse effects the market uncertainties may have on its financial performance.
The plans for material treasury activities are reviewed by Audit Committees and/or Board of Directors in accordance with procedures required by relevant regulations or internal controls. During the implementation of such plans, Corporate Treasury function must comply with certain treasury procedures that provide guiding principles for overall financial risk management and segregation of duties.
c. Market risk
The Company is exposed to the financial market risks, primarily changes in foreign currency exchange rates, interest rates and equity investment prices. A portion of these risks is hedged.
- 71 -