Page 268 - TSMC 2019 Annual Report

The Company as lessor
Except for sublease transactions, the Company does not make any adjustments for leases in which it is a lessor, and accounts for those leases under IFRS 16 starting from January 1, 2019. On the basis of the remaining contractual terms and conditions on January 1, 2019, all of the Company’s subleases are classified as operating leases.
Impact on assets, liabilities and equity on January 1, 2019
Other current assets Right-of-use assets
Refundable deposits and others
Total effect on assets
$
4,178,135 17,831,257 1,665,897
52,125,209 15,411,411 516,418
Carrying Adjustments Amount as of Arising from December 31, Initial
2018 Application
$ 4,184,918 $ (6,783) - 17,831,257
1,666,863 (966) $ 17,823,508
Adjusted
Carrying Amount as of January 1, 2019
Accrued expenses and other current
liabilities 49,778,042 $ 2,347,167
Lease liabilities - noncurrent Other noncurrent liabilities
Total effect on liabilities
Total effect on equity
- 15,411,411 451,488 64,930
$ 17,823,508
$ -
b. Amendments to the Regulations Governing the Preparation of Financial Reports by Securities Issuers for application starting from 2020 and the IFRSs issued by International Accounting Standards Board (IASB) and endorsed by the FSC with effective date starting 2020
New, Revised or Amended Standards and Interpretations
Amendments to IFRS 3 “Definition of a Business”
Amendments to IFRS 9, IAS 39 and IFRS 7 “Interest Rate Benchmark
Reform”
Amendments to IAS 1 and IAS 8 “Definition of Material”
Effective Date Issued by IASB
January 1, 2020 (Note 1) January 1, 2020 (Note 2)
January 1, 2020 (Note 3)
Note 1:
Note 2: Note 3:
The Company shall apply these amendments to business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after January 1, 2020 and to asset acquisitions that occur on or after the beginning of that period.
The Company shall apply these amendments retrospectively for annual reporting periods beginning on or after January 1, 2020.
The Company shall apply these amendments prospectively for annual reporting periods beginning on or after January 1, 2020.
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