Page 215 - TSMC 2019 Annual Report

Derivative financial instruments
Forward exchange contracts
Outflows $ 141,450,762
Inflows (141,128,914) -
Less Than 1 Year
1-3 Years
More Than 5 Years
$- - -
$ 10,948,086
15-20 Years
$ 1,600,962
3-5 Years
$- - -
$ 382,029,063 $ 10,681,622
Additional information about the maturity analysis for lease liabilities:
Total
$ 141,450,762 (141,128,914)
321,848
$ 424,402,351 (Concluded)
$
321,848 -
-
$ 20,743,580
Lease liabilities
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
$
$
Less than 5 Years
7,742,515
Less Than 1 Year
$
5-10 Years 10-15 Years
5,581,116 $ 3,691,272
More Than 20 Years
74,380
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
1-3 Years
3-5 Years
- $ - - - - - - -
More Than 5 Years
$
$
88,810,737 $
34,357,432
43,133,659
$
-
-
-
-
-
-
-
-
-
-
-
50,240,928
36,039,935 35,340,742 22,979,426
6,835,667 2,891,663 461,715 259,418,358 38,232,405 23,441,141
Forward exchange contracts
Outflows 49,302,325 - - Inflows (49,393,679) - -
(91,354) - - $ 259,327,004 $ 38,232,405 $ 23,441,141
f. Fair value of financial instruments
1) Fair value measurements recognized in the consolidated balance sheets
$
Fair value measurements are grouped into Levels 1 to 3 based on the degree to which the fair value is observable:
 Level 1 fair value measurements are those derived from quoted prices (unadjusted) in active markets for identical assets or liabilities;
 Level 2 fair value measurements are those derived from inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices); and
 Level 3 fair value measurements are those derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data (unobservable inputs).
The timing of transfers between levels within the fair value hierarchy is at the end of reporting period.
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