Page 286 - TSMC 2019 Annual Report

The market prices of the investments accounted for using the equity method in publicly traded stocks calculated by the closing price at the end of the reporting period are summarized as follows. The closing price represents the quoted price in active markets, the level 1 fair value measurement.
Name of Associate
VIS GUC Xintec
12. PROPERTY, PLANT AND EQUIPMENT
December 31, 2019
$ 36,812,923 $ 11,251,774
December 31, 2018
$ 27,621,298 $ 9,617,699 $ 3,783,585
December 31, 2019
$1,310,882,220 18,414
$ 1,310,900,634
$
8,958,195
2019
Assets used by the Company Assets subject to operating leases
a. Assets used by the Company
Cost
Balance at January 1, 2019 Additions
Disposals or retirements Transfers from right-of-use
assets
Balance at December 31, 2019
Accumulated depreciation and impairment
Balance at January 1, 2019 Additions
Disposals or retirements Transfers from right-of-use
assets
Reversal of impairment
Balance at December 31, 2019
Carrying amounts at December 31, 2019
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
2,585,629,465 173,199,951
(21,635,299 ) 619,779 2,737,813,896
1,931,489,635 235,731,567
(16,206,228 )
20,659 (301,384 )
2,150,734,249 587,079,647
$
$
$
$
$
Land
3,212,000 - -
-
3,212,000
-
-
-
-
-
-
3,212,000
Buildings
381,150,802 20,149,613
(158,970 ) -
401,141,445
198,301,715 24,077,824
(144,402 )
-
-
222,235,137
178,906,308
Machinery and Equipment
Office Equipment
43,722,686 6,908,814
(986,625 ) -
49,644,875
29,950,916 5,392,188
(985,679 )
-
-
34,357,425
15,287,450
Equipment under Installation and Construction in Progress
$ 171,277,329 355,119,486 -
-
$ 526,396,815
$ - - -
-
-
$ -
$ 526,396,815
Total
$ 3,184,992,282 555,377,864
(22,780,894 ) 619,779 $ 3,718,209,031
$ 2,159,742,266 265,201,579
(17,336,309 )
20,659 (301,384 )
$ 2,407,326,811
$ 1,310,882,220
The significant part of the Company’s buildings includes main plants, mechanical and electrical power equipment and clean rooms, and the related depreciation is calculated using the estimated useful lives of 20 years, 10 years and 10 years, respectively.
In the first quarter of 2019, the Company recognized a reversal of impairment loss of NT$301,384 thousand due to redeployment of certain idle machinery and equipment. Such reversal of impairment loss was recognized in other operating income and expenses.
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