Page 193 - TSMC 2019 Annual Report

2018
The Company’s major operating leases are arrangements on several parcels of land, machinery and equipment and office premises.
The Company expensed the lease payments as follows:
Minimum lease payments
Future minimum lease payments under non-cancellable operating leases are as follows:
Year Ended December 31, 2018
$ 4,243,091
December 31, 2018
$ 5,824,119 5,834,884 9,190,582
$ 20,849,585
Not later than 1 year
Later than 1 year and not later than 5 years Later than 5 years
16. INTANGIBLE ASSETS
Cost
Goodwill
Technology License Fees
Software and System Design Costs
Patent and Others
7,656,524 $ 647,755
Total
54,020,953 9,237,698
(260,904) (122,414)
62,875,333
37,018,816 5,472,409
Balance at January 1, 2019 $ 5,795,488 $ 10,974,458 Additions - 4,879,562 Disposals or retirements - - Effect of exchange rate changes (102,112) 931
Balance at December 31, 2019 $ 5,693,376 $ 15,854,951
$
$
$
$ $
29,594,483 3,710,381
(260,904) (19,950)
33,024,010
23,023,498 3,747,343
(258,527) (10,247)
26,502,067 6,521,943
$
$
$
$ $
-
(1,283) 8,302,996
5,239,313 658,232 -
$
$
Accumulated amortization and impairment
Balance at January 1, 2019 $ - $ Additions - Disposals or retirements -
Effect of exchange rate changes -
Balance at December 31, 2019 $ - $ Carrying amounts at December 31, 2019 $ 5,693,376 $
8,756,005 1,066,834 - 931
9,823,770 6,031,181
(258,527) (10,393)
(1,077)
5,896,468 $
2,406,528 $ 20,653,028
42,222,305 (Continued)
- 43 -