Page 325 - 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
92,039,118
35,019,044
41,279,910
40,888,712 36,039,935
6,148,000 251,414,719
35,608,273 (35,681,524) (73,251)
2-3 Years 4-5 Years 5+ Years
$- $- $ -
- - -
- - -
- - - 35,340,742 22,979,426 -
2,884,933 461,715 - 38,225,675 23,441,141 -
- - - - - - - - -
$ 38,225,675 $ 23,441,141 $ -
$ - $- $ -
- - -
- - -
- - - 68,378,787 7,777,715 18,203,601
7,498,840 83,639 - 75,877,627 7,861,354 18,203,601
- - - - - - - - -
$ 75,877,627 $ 7,861,354 $ 18,203,601
$
Total
92,039,118
35,019,044
41,279,910
40,889,712 94,360,103
9,494,648 313,081,535
35,608,273 (35,681,524) (73,251)
313,008,284
63,801,977
30,434,887
50,363,976
20,561,411 120,151,945
13,629,122 298,943,318
48,169,933 (48,530,989) (361,056)
298,582,262
$ 251,341,468
$
$
$
63,801,977 30,434,887
50,363,976
20,561,411 25,791,842
6,046,643 197,000,736
48,169,933 (48,530,989) (361,056)
$ 196,639,680
$
- 178 -