Page 221 - TSMC 2019 Annual Report

Item
Other receivables from related parties
e. Payables to related parties
Item
Payables to related parties
f. Others
Item
Manufacturing expenses
Research and development expenses
General and administrative expenses
Related Party Name/Categories
December 31, 2019
December 31, 2018
$ 53,780 10,423 825
$ 65,028 (Concluded)
December 31, 2018
$ 649,812 362,564 357,080 7,043
$ 1,376,499
SSMC $ 46,506 VIS 3,920
Other associates
Related Party Name/Categories
Xintec $ SSMC
VIS
Others
$
1,227 $ 51,653
December 31, 2019
736,860 487,944 153,977
56,119 1,434,900
Years Ended December 31 2019 2018
Related Party Categories
Associates $ 2,822,989
$ 2,974,581 $ 83,145 $ 120,756
Associates
Other related parties
$ 163,425
$ 120,000
The sales prices and payment terms to related parties were not significantly different from those of sales to third parties. For other related party transactions, price and terms were determined in accordance with mutual agreements.
The Company leased factory and office from associates. The lease terms and prices were both determined in accordance with mutual agreements. The rental expenses were paid to associates monthly; the related expenses were both classified under manufacturing expenses.
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