Page 65 - TSMC 2019 Annual Report

2018 Yearly and 2019 Quarterly Earnings Distribution
Period
Approved Date
Payment Date
Cash Dividends Per Share Total Earnings Distribution
Amount
Unit: NT$ 2018 First quarter of 2019 Second quarter of 2019 Third quarter of 2019 Fourth quarter of 2019 June 5 2019 June 5 2019 August 13 2019 November 12 2019 February 11 2020
July 18 2019 October 17 2019 January 16 2020
April 16 2020
July 16 2020
NT$8 0 0 0 207 443 043 664
NT$2 0 0 0 51 860 760 916
NT$2 5 5 5 5 64
825 951 145
NT$2 5 5 5 5 64
825 951 145
NT$2 5 5 5 5 64
825 951 145
4 1 1 12 Compensation to to to Directors and Profit Sharing Bonus to to to Employees
Based on
on
on
TSMC’s Articles of Incorporation before paying dividends or or or or or bonuses to shareholders TSMC TSMC shall set aside not more than 0 3% of o o its annual profit profit to to to directors as as compensation and not less than 1% to to to employees as as profit profit sharing bonus As resolved by TSMC’s Board of o Directors on
on
on
February 11 2020
a a a a a a a a profit sharing bonus to to employees was expensed based on
on
on
a a a a a a a a certain percentage of o of 2019 profit compensation to to directors was expensed based on
on
the the estimated amount amount of o of payment If the the actual amounts subsequently paid paid differ differ from the the the above estimated amounts the the the differences will be recorded in in in the the the year paid paid as a a a a a a a a a a change in in in accounting estimate Board Resolution (02/11/2020)
Amount
(NT$ thousands)
2019 Directors’ Compensation and Employees’ Profit Sharing Bonus Directors’ Compensation (Cash)
Employee’s Profit Sharing Bonus (Cash)
Note: NT$23 165 745 thousand employees’ employees’ cash bonus bonus was already distributed distributed following each quarter of o 2019 The above employees’ employees’ profit sharing bonus bonus will be distributed distributed in in in July 2020
360 404
23 165 745 349 271
23 537 898
2018 Directors’ Compensation and Employees’ Profit Sharing Bonus Directors’ Compensation (Cash)
Employees’ Profit Sharing Bonus (Cash)
349 271
23 570 040
Board Resolution (02/19/2019)
Actual Result (Note)
Amount
(NT$ thousands)
Amount
(NT$ thousands)
63
Note: The above directors’ compensation and and employees’ profit sharing bonus were were expensed under the the Company’s 2018 statement o of of comprehensive income and and were were approved by the the Board o of of Directors at at its meeting on
on
February 19 19 2019 However due to to employee employee turnover the the employees’ profit sharing bonus in in in the the amount o of NT$32 142 thousand was undistributed and and related expense was reversed in 2019 4 1 1 13 Impact to to 2020
Business Performance and EPS Resulting from Stock Dividend Distribution: Not applicable 4 4 1 1 14 Buyback of Common Stock: None