Page 221 - TSMC 2018 Annual Report

e. Liquidity risk management
The objective of liquidity risk management is to ensure the Company has sufficient liquidity to fund its business operations over the next 12 months. The Company manages its liquidity risk by maintaining adequate cash and cash equivalent, debt investment at FVTPL, financial assets at FVTOCI-current, and financial assets amortized at cost-current.
The table below summarizes the maturity profile of the Company’s financial liabilities based on contractual undiscounted payments, including principal and interest.
December 31, 2018 Non-derivative financial liabilities
Short-term loans
Accounts payable (including related
parties)
Payables to contractors and
equipment suppliers
Accrued expenses and other current
liabilities
Bonds payable
Guarantee deposits (including those
classified under accrued expenses and other current liabilities)
Derivative financial instruments
Forward exchange contracts Outflows
Inflows
December 31, 2017 Non-derivative financial liabilities
Short-term loans
Accounts payable (including related
parties)
Payables to contractors and
equipment suppliers
Accrued expenses and other current
liabilities
Bonds payable
Guarantee deposits (including those
classified under accrued expenses and other current liabilities)
Derivative financial instruments
Forward exchange contracts Outflows
Inflows
$
Less Than
1 Year 2-3 Years
88,810,737 $-
34,357,432 -
43,133,659 -
50,240,928 - 36,039,935 35,340,742
6,835,667 2,891,663 259,418,358 38,232,405
49,302,325 - (49,393,679) -
4-5 Years 5+ Years
$- $ -
- -
- -
- - 22,979,426 -
461,715 - 23,441,141 -
- - - - - -
$ 23,441,141 $ -
$- $ -
$
Total
88,810,737
34,357,432
43,133,659
50,240,928 94,360,103
10,189,045 321,091,904
49,302,325 (49,393,679)
(91,354) 321,000,550
63,801,977
30,069,163
55,723,774
24,659,738 154,536,921
16,080,619 344,872,192
67,393,539 (67,957,919) (564,380)
344,307,812
(91,354) - $ 259,327,004 $ 38,232,405
$
$
$
63,801,977 $ -
30,069,163 -
55,723,774 -
24,659,738 - 60,176,818 68,378,787
8,493,829 7,503,151 242,925,299 75,881,938
67,393,539 - (67,957,919) - (564,380) -
$ 242,360,919 $ 75,881,938
$
- -
- -
- - 7,777,715 18,203,601
83,639 - 7,861,354 18,203,601
- - - - - -
7,861,354 $ 18,203,601
$
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