Page 223 - TSMC 2019 Annual Report

d. On September 28, 2017, TSMC was contacted by the European Commission (the “Commission”), which has asked us for information and documents concerning alleged anti-competitive practices in relation to semiconductor sales. We are cooperating with the Commission to provide the requested information and documents. In light of the fact that this proceeding is still in its preliminary stage, it is premature to predict how the case will proceed, the outcome of the proceeding or its impact.
e. TSMC entered into long-term purchase agreements of material with multiple suppliers. The relative minimum purchase quantity and price are specified in the agreements.
f. TSMC entered into a long-term purchase agreement of equipment. The relative purchase quantity and price are specified in the agreement.
g. TSMC entered into long-term energy purchase agreements with multiple suppliers. The relative purchase period, quantity and price are specified in the agreements.
h. Amounts available under unused letters of credit as of December 31, 2019 and 2018 were NT$59,976 thousand and NT$70,702 thousand, respectively.
36. EXCHANGE RATE INFORMATION OF FOREIGN-CURRENCY FINANCIAL ASSETS AND LIABILITIES
The following information was summarized according to the foreign currencies other than the functional currency of the Company. The exchange rates disclosed were used to translate the foreign currencies into the functional currency. The significant financial assets and liabilities denominated in foreign currencies were as follows:
Foreign Currencies (In Thousands)
$ 4,725,056 USD 455,984 EUR 3,638 JPY 72,369,239
Financial liabilities
Monetary items
USD 6,018,287 EUR 2,551,824 JPY 101,455,514
Carrying Amount
(In Thousands)
$ 141,694,967
6.966(Note 2)
33.653 122,418 0.2751 19,908,778
29.988 180,476,401 33.653 85,876,547 0.2751 27,910,412
(Continued)
December 31, 2019
Financial assets
Exchange Rate (Note 1)
29.988
Monetary items USD
13,674,047
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